$16,450,000 - 28867 Grayfox Street, Malibu

  • 1.05Acres

Malibu Home For Sale

Positioned on one of Point Dume's most desirable streets with ocean views and direct access to a world class private surf beach, this is a rare opportunity to complete a fully approved and permitted estate in one of Malibu's most sought-after enclaves. More than a blank canvas, this offering comes with plans already approved, permits in-hand, and construction underway including an existing main residence to be remodeled as well as a detached guest house and detached garage to be built allowing 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, anchored by refined architectural plans that balance clean modern lines with a sense of warmth and California ease. The layout includes a total of six bedrooms with en suites, multiple indoor/outdoor living spaces, a detached guest house, detached garage, and a resort-style pool and spa, framed by thoughtfully designed landscape and hardscape elements. Terraces, patios, and expansive glazing are positioned to enjoy the 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. Upstairs, the primary suite offers a spa-like 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-scale privacy, while the path to the beach directly from the property underlines the lifestyle this address affords.To obtain plans and building permits on Point Dume with this level of forethought is exceedingly rare. This is an 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 exclusive enclaves.*Mood Board Images*

Sales Agent

Sam Smith
  • Sam Smith
  • San Clemente Realtor ®
  • Phone: 949-204-5110
  • Cell: 949-204-5110
  • Contact Agent Now

Amenities

  • Parking Spaces2
  • ParkingDriveway, On Street
  • GaragesDriveway, On Street
  • ViewMountain(s), Ocean
  • SecuritySecurity Gate

Additional Information

  • Date ListedOctober 13th, 2025
  • Days on Market124
  • ZoningLCRA1*
  • Short SaleN
  • RE / Bank OwnedN

Essential Information

  • MLS® #25605643
  • Price$16,450,000
  • Bathrooms0.00
  • Acres1.05
  • Year Built1968
  • TypeResidential
  • Sub-TypeSingle Family Residence
  • StyleModern
  • StatusActive
  • Listing AgentChristopher Cortazzo
  • Listing OfficeCompass

Interior

  • InteriorWood
  • HeatingNone
  • CoolingNone
  • FireplacesNone
  • # of Stories2
  • StoriesTwo

Community Information

  • Address28867 Grayfox Street
  • AreaC33 - Malibu
  • CityMalibu
  • CountyLos Angeles
  • Zip Code90265

School Information

  • DistrictSanta Monica-Malibu Unified

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  • City:
    Malibu
  • Price Range:
    $550,000 - $110,000,000
  • Current Listings:
    267
  • HOA Dues:
    $647
  • Average Price per Square Foot:
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Based on information from California Regional Multiple Listing Service, Inc. as of February 13th, 2026 at 11:50pm PST. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.