A rare offering on an iconic street. A Point Dume estate with coveted beach keys to Little Dume. Gorgeous views of the waves from a frame worthy setting. This rare opportunity has an existing main house positioned on over an acre of flat and mature landscaped grounds. Included are permitted and fully approved plans for the existing main residence to be remodeled in addition to building a detached guest house and a detached three car garage; of which construction is already underway. An offering like this allows for a seamless transition into the rewarding phase of building: selecting finishes, materials, and design elements that reflect your personal taste. The proposed estate spans over one acre of property and approximately 6,700 square feet of existing and proposed structures. The layout anchored in the sense of California warmth includes a total of six bedrooms with en suites, multiple indoor/outdoor living spaces, a detached two bedroom guest house, detached three car garage, and a resort-style pool and spa. All framed by thoughtfully designed landscape and hardscape elements. Terraces, decks and patios are positioned to enjoy the ocean and mountain views, draw in natural light and capture the serenity of the surrounding property. The floor plans reveal a sophisticated flow, from the expansive entry into a gracious open concept kitchen, living, and dining space all designed to capture ocean views from the main level to a private bedroom wing and a dedicated den. The primary suite offers a spa inspired bath, generous terraces, and walk-in closets a layout that offers both flexibility and luxury. The guest house and detached garage are discreetly positioned to create a sense of estate scaled privacy, while the access to the beach underlines the lifestyle this address affords. To obtain plans and building permits on Point Dume with this level of forethought is exceedingly rare. An incredible value and unheard of opportunity to fast forward through a multi year process and immediately enter the most creative chapter of your dream home, all within one of Malibu's most treasured neighborhoods.
For sale
$14,995,000
28867 Grayfox St, Malibu, CA 90265
0beds
0baths
--sqft
Residential, Single Family Residence
Built in 1968
1.05 Acres Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
- 141 days
- 287
- 9
Zillow last checked:
Listing updated:
Listed by:
Lily Harfouche DRE # 01737283 310-266-7291,
Compass 310-230-5744,
Christopher Cortazzo DRE # 01190363 310-457-3995,
Compass
Source: CLAW,MLS#: 26850149
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 0
- Bathrooms: 0
Rooms
- Room types: Patio Open
Heating
- None
Cooling
- None
Appliances
- Included: No Water Heater
- Laundry: None
Features
- Flooring: Stained Concrete
- Has fireplace: No
- Fireplace features: None
Video & virtual tour
Property
Parking
- Total spaces: 2
- Parking features: On Street, Driveway
- Has uncovered spaces: Yes
Features
- Levels: Two
- Stories: 2
- Entry location: Main Level
- Pool features: Room For
- Spa features: None
- Fencing: Fenced
- Has view: Yes
- View description: Ocean, Mountain(s)
- Has water view: Yes
- Water view: Ocean
- Waterfront features: Beach Rights
Lot
- Size: 1.05 Acres
- Dimensions: 112 x 405
Details
- Additional structures: None
- Parcel number: 4466008002
- Zoning: LCRA1*
- Special conditions: Standard
- Other equipment: None
Construction
Type & style
- Home type: SingleFamily
- Architectural style: California Bungalow
- Property subtype: Residential, Single Family Residence
Materials
- Roof: Composition,Shingle
Condition
- Year built: 1968
Utilities & green energy
- Sewer: Septic Tank
- Water: District, In Street
Community & HOA
Community
- Security: Automatic Gate
HOA
- Has HOA: No
Location
- Region: Malibu
Financial & listing details
- Tax assessed value: $7,475,329
- Date on market: 6/20/2026
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 6/25/2026 | Listed for sale | $14,995,000-8.8% |
Source: | ||
| 4/9/2026 | Listing removed | $16,450,000 |
Source: | ||
| 7/4/2025 | Listed for sale | $16,450,000+153.1% |
Source: | ||
| 1/23/2018 | Listing removed | $25,000 |
Source: Pritchett-Rapf & Assoc. #18303234 Report a problem | ||
| 1/17/2018 | Listed for rent | $25,000 |
Source: Pritchett-Rapf & Assoc. #18303234 Report a problem | ||
| 8/14/2017 | Sold | $6,500,000-12.8% |
Source: | ||
| 5/8/2017 | Price change | $7,450,000-6.8% |
Source: Coldwell Banker Residential Brokerage - Malibu West #17-228974 Report a problem | ||
| 12/7/2016 | Listed for sale | $7,995,000+326.4% |
Source: Coldwell Banker Residential Brokerage #16185248 Report a problem | ||
| 1/28/2003 | Sold | $1,875,000 |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2026 | -- | $7,475,329 +2% |
| 2025 | $90,149 +8% | $7,328,755 +2% |
| 2024 | $83,445 +1.9% | $7,185,055 +2% |
| 2023 | $81,907 +0.1% | $7,044,173 +2% |
| 2022 | $81,820 +3.5% | $6,906,053 +2% |
| 2021 | $79,043 +0.6% | $6,770,641 +1% |
| 2020 | $78,600 | $6,701,217 +1.1% |
| 2019 | $78,600 +6% | $6,630,000 +64% |
| 2018 | $74,142 +60% | $4,042,715 +2% |
| 2017 | $46,347 +0.4% | $3,963,447 +2% |
| 2016 | $46,150 +3.3% | $3,885,734 +1.5% |
| 2015 | $44,672 +2.9% | $3,827,368 +2% |
| 2014 | $43,416 | $3,752,396 +2.5% |
| 2012 | -- | $3,662,195 +2% |
| 2011 | -- | $3,590,388 +0.8% |
| 2010 | -- | $3,563,556 -0.2% |
| 2009 | -- | $3,572,023 +2% |
| 2008 | -- | $3,501,984 +2% |
| 2007 | -- | $3,433,319 +2% |
| 2006 | -- | $3,366,000 |
| 2005 | -- | $3,366,000 +76.2% |
| 2004 | -- | $1,910,005 +102.6% |
| 2003 | -- | $942,721 +2% |
| 2002 | -- | $924,237 +4% |
| 2000 | -- | $888,350 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: Point Dume
Nearby schools
Schools provided by the listing agent
- District: Santa Monica-Malibu Unified School District
Source: CLAW. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.






