
Malibu, California 90265
This High-Potential Investment Opportunity is a Single Family Residence listed at $21,500,000, positioned well below the $22,191,208 Fair Market Value by 3%. This valuation gap offers $691,208 in Instant Equity. With a Condition Rating of 4, the estate offers a rare canvas for modernization across its 10,000-square-foot footprint. Featuring panoramic ocean views, a lagoon-style infinity pool, and a tennis court, this property is an ideal acquisition for Value-Add Investors or Ultra-Luxury Owner-Occupants seeking a generational legacy estate.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 7160 Dume Drive Subject | $21,500,000* List Price | 6 | 9 | 9,911 | $2,239 | - |
A 28837 Selfridge Drive Active | $19,995,000 List Price | 5 | 8 | 8,000 | $2,499 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1991, this 35-year-old estate is well-maintained but remains largely dated with original Mediterranean architectural details and built-ins. While the grounds are expansive, the interior finishes and systems likely exceed the 20-year mark without a recent comprehensive renovation, aligning with the listing's suggestion to 'personalize' the property into a legacy estate.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 88860, living area = 9911.
Situated on over 2 acres of rare double-lot coastal land, this 10,000-square-foot estate offers unparalleled privacy and massive volume seldom found in the prestigious Point Dume area.
The grounds are fully equipped for luxury entertaining with a lagoon-style infinity pool, a comprehensive pool house with a full kitchen, a tennis court, a yoga studio, and separate guest quarters.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =88860, other record lot size in square feet = 74492.
Constructed in 1991, the Mediterranean architecture and interior finishes may require significant capital investment to update the estate to current ultra-luxury contemporary standards.
The sheer scale of the 10,000-square-foot residence and 2-acre grounds, including specialized facilities like the tennis court and infinity pool, necessitates high ongoing carrying and maintenance costs.
Perched on over 2 acres of pristine coastal land, this 10,000-square-foot Mediterranean masterpiece offers a lifestyle of absolute privacy and scale. Irreplaceable & protected views stretching from Catalina to the Western Sunset, the estate is perfectly sited to capture the very best of Malibu's quintessential natural settings and ocean views. The main residence touts size and volume that is impossible to replicate with today's building standards. The soft breezy interiors feature expansive, light-filled public rooms that flow seamlessly to the expansive outdoors, and is centrally anchored by a wonderfully whimsical gourmet kitchen and inviting great room with views framing Point Dume like a work of art. The grounds feature a lagoon-style infinity pool, pool house with outdoor kitchen appointed with a custom seascape frieze, a tennis court and sport equipment room, a wine cellar, and a separate one-bedroom guest house. From the dedicated yoga-dance studio to the private family quarters on to the lower fields and playground, every inch of this 2+ acre double-lot is designed for world-class living. This is a rare opportunity to acquire immense irreplaceable volume on one of areas most prestigious lots and personalize it into a generational legacy estate.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 6.0 | 4.3 |
| Baths | 9.0 | 3.7 |
| Square foot | 9,911 | 2,959.4 |
| Lot Size | 88,860 | 37,912.886 |
| Price | $21.50M | $4.17M |
| Price per sq ft | $2.2K | $1.3K |
| Built year | 1991 | 1977 |
| HOA | $0 | $1.3K |
| Days on market | 127 | 102 |
May 5, 2026
$21,500,000
Initial Listing
Jun 30, 2017
$11,500,000
Public Record
Jul 9, 1996
$5,075,000
Public Record