An extraordinary opportunity awaits in Malibu's prestigious Point Dume enclave: over 1.2 acres of ocean and mountain view land, ready for you to create your own private estate. This rare flag-lot property offers a gated entrance, sweeping views of city lights and the iconic Queen's Necklace, and exclusive private beach access to the secluded cove and sands of Little Dume at Riviera II. The Seller has already completed the costly and time-consuming permitting process with the City of Malibu, allowing the Buyer to begin building immediately. Approved architectural plans by Alain Yotnegparian, AIA, showcase a stunning modern residence of approximately 5,500 square feet, featuring four bedrooms, four and a half bathrooms, and expansive indoor-outdoor living spaces that capture the essence of Malibu's coastal lifestyle. The sale includes all plans, studies, and reports, along with certified foundation and septic systems. This is a turnkey opportunity to build a luxurious retreat in one of Southern California's most sought-after neighborhoods, where tranquility, privacy, and natural beauty converge. Don't miss your chance to bring your dream estate to life in this exceptional location.
Lot/land
$3,295,000
28901 Selfridge Dr, Malibu, CA 90265
--beds
--baths
1.28Acres
Unimproved Land
Built in ----
1.28 Acres Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Rare flag-lot property
- 296 days |
- 173 |
- 9 |
Zillow last checked:
Listing updated:
Listed by:
Marcus Beck DRE # 00971376 310-456-9405,
Sotheby's International Realty 310-456-6431,
Michael Hiatt DRE # 01396907 310-454-0080,
Sotheby's International Realty
Source: CLAW,MLS#: 25612213
Facts & features
Interior
Video & virtual tour
Property
Features
- Has view: Yes
- View description: City Lights, Mountain(s), Ocean
- Has water view: Yes
- Water view: Ocean
- Waterfront features: Beach Access, Ocean Access, None
Lot
- Size: 1.28 Acres
- Features: Horse Property Unimproved, Flag Lot, Back Yard, Single Lot, Ocean Side of Freeway, Ocean Side Of Highway 1
- Topography: Flat,Varied
Details
- Parcel number: 4466019026
- Zoning: LCRA1*
- Special conditions: Standard
- Horses can be raised: Yes
Utilities & green energy
- Gas: On Site
- Sewer: Septic Tank
- Water: District
- Utilities for property: Electricity Connected, Natural Gas Connected
Community & HOA
Location
- Region: Malibu
Financial & listing details
- Tax assessed value: $380,819
- Date on market: 10/29/2025
- Electric utility on property: Yes
- Road surface type: Paved, Asphalt
Estimated market value
Zestimate®
Not available
Estimated sales range
Not available
Rent Zestimate®
$5,232/mo
Price history
| Date | Event | Price |
|---|---|---|
| 4/21/2026 | Price change | $3,295,000-5.8% |
Source: | ||
| 2/8/2026 | Price change | $3,499,000-7.8% |
Source: | ||
| 1/14/2026 | Price change | $3,795,000-3.9% |
Source: | ||
| 10/29/2025 | Listed for sale | $3,950,000-7.1% |
Source: | ||
| 10/1/2025 | Listing removed | $4,250,000 |
Source: | ||
| 5/13/2025 | Price change | $4,250,000-19% |
Source: | ||
| 4/8/2025 | Listed for sale | $5,250,000-12.5% |
Source: | ||
| 3/24/2025 | Listing removed | $5,999,993 |
Source: | ||
| 10/17/2024 | Listed for sale | $5,999,993+26.3% |
Source: | ||
| 4/1/2023 | Listing removed | -- |
Source: CSMAOR Report a problem | ||
| 9/28/2022 | Listed for sale | $4,750,000 |
Source: CSMAOR #222004456 Report a problem | ||
| 5/22/2015 | Listing removed | $8,750 |
Source: Pritchett-Rapf & Assoc. Report a problem | ||
| 5/19/2015 | Listed for rent | $8,750+9.4% |
Source: Pritchett-Rapf & Assoc. #15906361 Report a problem | ||
| 12/13/2013 | Listing removed | $8,000 |
Source: PRITCHETT-RAPF & ASSOC. #13723559 Report a problem | ||
| 12/12/2013 | Listed for rent | $8,000 |
Source: PRITCHETT-RAPF & ASSOC. #13723559 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2026 | -- | $380,819 +2% |
| 2025 | $5,588 +5.5% | $373,353 +2% |
| 2024 | $5,297 +3.7% | $366,033 +2% |
| 2023 | $5,106 +2.4% | $358,857 +2% |
| 2022 | $4,986 +1.5% | $351,821 +2% |
| 2021 | $4,910 +1.5% | $344,923 +1% |
| 2020 | $4,840 | $341,387 +2% |
| 2019 | $4,840 -47.8% | $334,694 -55% |
| 2018 | $9,277 | $744,550 +2% |
| 2017 | $9,277 +0.5% | $729,951 +2% |
| 2016 | $9,229 +3.8% | $715,640 +1.5% |
| 2015 | $8,894 +2.4% | $704,891 +2% |
| 2014 | $8,688 | $691,084 +2.5% |
| 2012 | -- | $674,472 +2% |
| 2011 | -- | $661,248 +0.8% |
| 2010 | -- | $656,307 -0.2% |
| 2009 | -- | $657,867 +2% |
| 2008 | -- | $644,968 +2% |
| 2007 | -- | $632,323 +2% |
| 2006 | -- | $619,925 |
| 2005 | -- | $619,925 +4% |
| 2004 | -- | $595,854 +1.9% |
| 2003 | -- | $584,934 +2% |
| 2002 | -- | $573,465 +4% |
| 2000 | -- | $551,198 |
Find assessor info on the county website
Monthly payment
Climate risks
Neighborhood: Point Dume
Nearby schools
GreatSchools rating
- 7/10Malibu ElementaryGrades: K-5Distance: 0.5 mi
- 7/10Malibu MiddleGrades: 6-8Distance: 1.6 mi
- 8/10Malibu High SchoolGrades: 9-12Distance: 1.5 mi
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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