LOCALLA

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For Sale

$14,995,000

beds · baths

28867 Grayfox St Malibu CA 90265

Residential

Built 1968

N/A

N/A

No HOA

N/A

What's Special

Swimming PoolOcean, Mountains Views2 Parking SpacesFurnishedFamily RoomStained Concrete FloorsSingle Family ResidenceNone

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.

Days On Market: 48

Listing updated: August 7, 2026 at 03:12 AM

Listed by: Lily Harfouche DRE #01737283, Compass

Lily@LilyHarfouche.com

Christopher Cortazzo DRE #01190363, Compass

chris@chriscortazzo.com

Source: CLAW    MLS#: 26850149

Features & Facts

Interior

  • Year Built: 1968
  • Flooring: Stained Concrete
  • Family Room: Yes

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MLS

© 2026 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW) as of 10/9/2026, 1:36:51 AM. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

Tony O'Brien DRE #02200838 | The Sher Group DRE #02022464

Equal Housing Opportunity