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*
Listed by Christopher Cortazzo
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License #01190363
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Compass
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310-457-3995
Listed by Tyler Sperber
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License #02233273
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Compass
Last updated October 21, 2025
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Source: CRMLS #25605643
Listing Facts
TypeSingle-family
NeighborhoodPoint Dume
Days on Prevu37
Amenities
Parking
Location
Mortgage Calculator
Listing History
10/27/2025
Status changed to Active
$16,450,000
10/23/2025
Status changed to Removed from Feed
$16,450,000
10/13/2025
Listed by Compass
$16,450,000
Property Details for 28867 Grayfox Street
Exterior
Construction
Stories: 2
Stories Total: 2
Year Built: 1968
Architectural Style: Modern
Common Walls: No Common Walls
Features
View: Mountain(s), Ocean
Measurements
Lot Size Acres: 1.05
Lot Size Area: 45,868
Lot Size Dimensions: 112,405
Lot Size Square Feet: 45,868
Lot Size Units: Square Feet
Financial
Taxes
Parcel Number: 4466008002
Interior
Features
Flooring: Wood
Parking
Parking
Parking Features: Driveway, On Street
Parking Total: 2
Schools
High School
High School District: Santa Monica-Malibu Unified
Based on information from California Regional Multiple Listing Service, Inc. and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.
Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.