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For sale
  • $14,995,000

    28867 Grayfox St, Malibu, CA 90265

    0beds
    0baths
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    Residential, Single Family Residence
    Built in 1968
    1.05 Acres Lot
    $-- Zestimate®
    $--/sqft
    $-- HOA

    What's special

    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.
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    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#: 26850149MLS Logo

      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: $7,328,755
      • Annual tax amount: $90,149
      • Date on market: 6/20/2026

        Estimated market value

        Not available

        Estimated sales range

        Not available

        $35,430/mo

        Price history

        DateEventPrice
        6/25/2026Listed for sale$14,995,000-8.8%
        Source: CLAW #26850149 Report a problem
        4/9/2026Listing removed$16,450,000
        Source: CLAW #25605643 Report a problem
        7/4/2025Listed for sale$16,450,000+153.1%
        Source: CLAW #25560501 Report a problem
        1/23/2018Listing removed$25,000
        Source: Pritchett-Rapf & Assoc. #18303234 Report a problem
        1/17/2018Listed for rent$25,000
        Source: Pritchett-Rapf & Assoc. #18303234 Report a problem
        8/14/2017Sold$6,500,000-12.8%
        Source: CLAW #17228974 Report a problem
        5/8/2017Price change$7,450,000-6.8%
        Source: Coldwell Banker Residential Brokerage - Malibu West #17-228974 Report a problem
        12/7/2016Listed for sale$7,995,000+326.4%
        Source: Coldwell Banker Residential Brokerage #16185248 Report a problem
        1/28/2003Sold$1,875,000
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        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.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: Point Dume

        Getting around

        16 / 100
        Car-Dependent
        3 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        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.

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