
28867 Grayfox Street, Malibu, CA 90265
28867 Grayfox Street, Malibu, CA 90265
Property Description
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.
Features & Amenities
Property Details
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Comparative Market Analysis
Luxury Tier · 5 active · 5 closed
Malibu · Single Family Residence
Listed 276.8% above the median closed sale of $3,980,000. Closed comps sold at 90% of list — buyers have negotiating leverage. Luxury tier — fewer comparable sales widen the confidence range.
Price Position
Positioned above the market — commands a premium.
Active Properties (5)
Active Comparables
| Address | City | Year | BD | BTH | SqFt | LotSz | LP/SqFt | LP | DIM | Score |
|---|---|---|---|---|---|---|---|---|---|---|
| 6052 Merritt Drive | Malibu | 1950 | 7 | 7 | 4,171 | 40,118 | $1,367 | $5.70M | 341 | 79 |
| 6463 Zuma View Place | Malibu | 1999 | 3 | 3 | 2,142 | 33,235 | $885 | $1.90M | 746 | 70 |
| 5637 Busch Drive | Malibu | 2024 | 3 | 3 | 3,767 | 25,877 | $2,323 | $8.75M | 724 | 65 |
| 34136 Mulholland Highway | Malibu | 1996 | 3 | 3 | 4,377 | 76,666 | $857 | $3.75M | 622 | 58 |
| 44000 Pacific Coast Highway | Malibu | 1972 | 4 | 3 | 2,345 | 7,810 | $2,558 | $6.00M | 449 | 58 |
| Total: 5 · Average | 4.0 | 3.8 | 3,360.4 | 36,741.2 | $1,598 | $5.22M | 576.4 | |||
| Median | 3,767 | $5.70M | ||||||||
Closed Properties (5)
Closed Comparables
| Address | City | Year | Date | BD | BTH | SqFt | LotSz | LP | SP | SP/SqFt | SP/LP | DIM | Score |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 27409 Pacific Coast Highway | Malibu | 1956 | 09/29/2026 | 4 | 4 | 3,700 | 40,800 | $4.00M | $3.98M | $1,076 | 1.00 | 77 | 83 |
| 29260 Sea Lion Place | Malibu | 1961 | 09/30/2026 | 3 | 3 | 2,744 | 29,596 | $5.67M | $5.05M | $1,842 | 0.89 | 84 | 76 |
| 5660 Busch Drive | Malibu | 2020 | 10/09/2026 | 3 | 2 | 1,800 | 45,621 | $3.10M | $3.51M | $1,950 | 1.13 | 44 | 58 |
| 26939 Sea Vista Drive | Malibu | 1963 | 10/01/2026 | 2 | 3 | 2,346 | 151,844 | $5.00M | $3.10M | $1,321 | 0.62 | 138 | 56 |
| 6277 Sea Star Drive | Malibu | 2001 | 09/30/2026 | 7 | 6 | 6,863 | 55,954 | $8.25M | $7.25M | $1,056 | 0.88 | 64 | 52 |
| Total: 5 · Average | 3.8 | 3.6 | 3,490.6 | 64,763 | $4.58M | $4.58M | $1,449 | — | 81.4 | ||||
| Median | 2,744 | $3.98M | $3.98M | ||||||||||
Market Analysis
List vs Sale $/SqFt
Sale Price Trend
Days on Market
Sale vs List Price
This analysis was generated automatically from MLS data. For an in-depth, human-reviewed valuation, contact Joseph Sardella at josephsardella@gmail.com.