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28867 Grayfox St, Malibu, CA 90265

List Price: $16,450,000On Market FlagOn market
Jul 4, 20253,421 sqft4 beds5 baths
Listed by: Christopher Cortazzo
License #: 01190363
Phone #: 310-457-3995
Compass
Source:
CRMLS Logo
MLS #: 25560501

Property Description

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*
Assignment
Get a detailed valuation report, schedule a tour or make an offer!
Kevin Kretzmer
Kevin Kretzmer

Role: TurboHome Head Agent

Experience: 10 years

No. of Transactions: 227

“I specialize in helping clients find their dream home or next investment in California, focusing on residential and multi-family properties. My client-first approach, clear communication, and attention to detail ensure that everyone I work with receives exceptional service.”

TurboHome Fair Market Estimate

TurboHome

TurboHome Savings

$91,080

TurboHome Estimated Value

$11,261,000

$3,292 sqft

High Valuation
$11,824,050
$3456/sqft
Normal Valuation
$11,261,000
$3292/sqft
Low Valuation
$10,697,950
$3127/sqft

3rd Party Estimates

Source$/sqftValuation
HouseCanary$3292/sqft$11,261,000

Neighborhood

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Comparative Value

$8.55M

$10.98M

$16.45M

6334 Bonsall Dr, Malibu, CA 90265

Sale Price: $8,550,000

Selected Comparable

6709 Zumirez Dr, Malibu, CA 90265

Sale Price: $10,979,100

Selected Comparable

28867 Grayfox St, Malibu, CA 90265

List Price: $16,450,000

Subject Property

Neighborhood Comps

Subject Property

SUBJECT
28867 Grayfox St, Malibu, CA 90265

28867 Grayfox St, Malibu, CA 90265

List: $16,450,000

Listed: 7/4/2025

Area:3,421 sqft
Price/sqft:$4,809
Beds:4
Baths:5
Year Built:
Lot Size:45,855

Comparable Properties

COMPARABLE
Choose comps
6709 Zumirez Dr, Malibu, CA 90265

6709 Zumirez Dr, Malibu, CA 90265

Sale: $10,979,100

6/25/20250.41 mi

Area:3,580 sqft
Price/sqft:$3,067
Beds:3
Baths:5
Year Built:
Weight:50.1%
6334 Bonsall Dr, Malibu, CA 90265

6334 Bonsall Dr, Malibu, CA 90265

Sale: $8,550,000

9/19/20241.14 mi

Area:3,650 sqft
Price/sqft:$2,342
Beds:4
Baths:5
Year Built:
Weight:49.9%

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