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    28901 Selfridge Drive

    Malibu, CA 90265
    • $4,950,000
    • STATUS: Active
    • ON SITE: 54 Days
    • ID#: 221004837
    UPDATED: 62 min ago
    $4,950,000
    • 0
      BEDS
    • 1.28
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Vacant Land / Lots
    County:
    Area:

    School Ratings & Info

    Description

    Prestigious Residential Lot Available in Malibu, CA* OCEAN VIEW LOT: Breathtaking Panoramic 'QUEEN'S NECKLACE' views from Pacific Palisades to Palos Verde Peninsula * VERY PRIVATE 1.28-Acre mostly flat, gently sloping * PRIVATE BEACH Access to Exclusive, Coveted Riviera II Little Dume Surf Beach * Horse friendly: short trot to Bonsall Canyon or Ramirez Canyon* Short Walk or Ride to highly sought-after Marine Science Elementary SchoolFirst Time on the Market in 50 YearsThis beautiful property sits at the crest of the highest views on Point Dume. At night, the unobstructed twinkling city lights of Santa Monica and the beach cities will take your breath away. And when the winds blow, you can see the San Gabriel mountains and Lake Arrowhead in the background. VERY PRIVATE: Point Dume, or 'the Point' as it is called by locals, is home to privacy seeking movie stars, entrepreneurs, and retired millionaires. The Point Dume Peninsula is travelled only by people who live there. There is no follow through traffic in the Point; you are not subject to the crush of public beach traffic and dangerous PCH drivers. It is a place where people are safe from those dangers. PRIVATE BEACH Access: Own the coveted private beach key with access to Riviera II beach, one of the most sought after and private surf beaches in Southern California. A locked security gate at the entrance for residents only. Paparazzi are not allowed here! REDEVELOPMENT: There is approximately 1 acre flat where the house used to be and .28 gently sloping where the horse corral and barn used to be but can be graded flat for a different purpose if desired. The home on this prestigious lot was destroyed by the Woolsey Fire. The 1989 foundations of the original structure are still standing. The Post fire core tests passed the City of Los Angeles strict fire code mandates. So, the foundation may be usable and was left standing. All coring reports are available.The former home was approximately 5,000 sq ft. Owner has the original permitted plans available to rebuild. The property is in the FAST-TRACK FIRE-REBUILD status for the expedited permitting process to build a Like-for-Like new structure and maintain the 35 foot height of the original home. The Feasibility Study has been completed. Alternatively, the results determine that, if the new owner wants more than the 5,000-sq ft original structure footprint, they will likely be able to build up to approximately 8,000 sq ft of structure, pool, cabana and detached Additional Dwelling Unit guest house overlooking the ocean view. See artist renderings included. This property is contiguous to the hotel at the northeast corner currently being renovated. The City of Malibu MAY allow other usages in this lower part of the subject property. The owner may entertain a land lease of some of the contiguous areas for his use. Marine Science Elementary School: Moms and Dads pick up their elementary school kids in golf carts and a short ride back up the hill to their private estate on this magnificent parcel of land. At low tide, the children can walk down to the beach to study marine animals for their science studies. Low tide pools are filled with octopus, star fish, sea urchins and other mysterious marine life so rare to observe up close in their own environment. The discovery of all material facts relating to the land and development potential are the sole responsibility of the Buyer to completely investigate, and not the Seller or Broker who makes no representations or warranties, written or verbal, expressed or implied, and should not be taken on faith.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-10-25T23:27:18.687. 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 deemed reliable but is not guaranteed accurate by the MLS or Swack Real Estate Group | Keller Williams Realty Central Coast. Licensed in the State of California, USA.
    www.swackrealestategroup.com/homes/121028967
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    28901 Selfridge Drive Malibu, CA 90265

    • Price: $4,950,000
    • Status: Active
    • Updated: 62 min ago
    • ID#: 221004837
    0
    Beds
    0
    Baths
    0
    ½ Baths
    1.28
    Acres
    Neighborhood:
    Other
    County:
    Los Angeles
    Area:
    C33 - Malibu
    Property Description
    Prestigious Residential Lot Available in Malibu, CA* OCEAN VIEW LOT: Breathtaking Panoramic 'QUEEN'S NECKLACE' views from Pacific Palisades to Palos Verde Peninsula * VERY PRIVATE 1.28-Acre mostly flat, gently sloping * PRIVATE BEACH Access to Exclusive, Coveted Riviera II Little Dume Surf Beach * Horse friendly: short trot to Bonsall Canyon or Ramirez Canyon* Short Walk or Ride to highly sought-after Marine Science Elementary SchoolFirst Time on the Market in 50 YearsThis beautiful property sits at the crest of the highest views on Point Dume. At night, the unobstructed twinkling city lights of Santa Monica and the beach cities will take your breath away. And when the winds blow, you can see the San Gabriel mountains and Lake Arrowhead in the background. VERY PRIVATE: Point Dume, or 'the Point' as it is called by locals, is home to privacy seeking movie stars, entrepreneurs, and retired millionaires. The Point Dume Peninsula is travelled only by people who live there. There is no follow through traffic in the Point; you are not subject to the crush of public beach traffic and dangerous PCH drivers. It is a place where people are safe from those dangers. PRIVATE BEACH Access: Own the coveted private beach key with access to Riviera II beach, one of the most sought after and private surf beaches in Southern California. A locked security gate at the entrance for residents only. Paparazzi are not allowed here! REDEVELOPMENT: There is approximately 1 acre flat where the house used to be and .28 gently sloping where the horse corral and barn used to be but can be graded flat for a different purpose if desired. The home on this prestigious lot was destroyed by the Woolsey Fire. The 1989 foundations of the original structure are still standing. The Post fire core tests passed the City of Los Angeles strict fire code mandates. So, the foundation may be usable and was left standing. All coring reports are available.The former home was approximately 5,000 sq ft. Owner has the original permitted plans available to rebuild. The property is in the FAST-TRACK FIRE-REBUILD status for the expedited permitting process to build a Like-for-Like new structure and maintain the 35 foot height of the original home. The Feasibility Study has been completed. Alternatively, the results determine that, if the new owner wants more than the 5,000-sq ft original structure footprint, they will likely be able to build up to approximately 8,000 sq ft of structure, pool, cabana and detached Additional Dwelling Unit guest house overlooking the ocean view. See artist renderings included. This property is contiguous to the hotel at the northeast corner currently being renovated. The City of Malibu MAY allow other usages in this lower part of the subject property. The owner may entertain a land lease of some of the contiguous areas for his use. Marine Science Elementary School: Moms and Dads pick up their elementary school kids in golf carts and a short ride back up the hill to their private estate on this magnificent parcel of land. At low tide, the children can walk down to the beach to study marine animals for their science studies. Low tide pools are filled with octopus, star fish, sea urchins and other mysterious marine life so rare to observe up close in their own environment. The discovery of all material facts relating to the land and development potential are the sole responsibility of the Buyer to completely investigate, and not the Seller or Broker who makes no representations or warranties, written or verbal, expressed or implied, and should not be taken on faith.
    Exterior Features

    Horse YN Yes Lot Features Flag LotHorse PropertySecludedYard Sign On Property YN Yes View BayCatalinaCity LightsCoastlineMountain(S)OceanWater View YN Yes Waterfront Features Beach AccessOcean AccessOcean Side Of Highway

    Property Features

    Electric Electricity - On Property Land Lease Amount 0 Land Lease YN No Listing Service Entry Only Listing Terms Cash Possession Close Of Escrow Senior Community YN No Special Listing Conditions Standard Zoning Lcra1*

    Listing provided courtesy of Robert Azzarello of Robert Azzarello, Broker


    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-10-25T23:27:18.687. 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 deemed reliable but is not guaranteed accurate by the MLS or Swack Real Estate Group | Keller Williams Realty Central Coast. Licensed in the State of California, USA.
     
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    Swack Real Estate Group | Keller Williams Realty Central Coast
    1851 Shell Beach Road Ste B
    Shell Beach CA, 93449