28901 Selfridge Drive, Malibu, CA 90265 (MLS # 221004837)

28901 Selfridge Drive, Malibu, CA 90265 (MLS # 221004837)


Price $4,950,000
Status Active
Beds 0
Baths 0 Bath
Home size n/a
Lot Size 1.28 ac
Days on Market 21
Prestigious Residential Lot Available in Malibu, CAOCEAN VIEW LOT: Breathtaking Panoramic 'QUEEN'S NECKLACE' views from Pacific Palisades to Palos Verde PeninsulaVERY PRIVATE 1.28-Acre mostly flat, gently sloping PRIVATE BEACH Access to Exclusive, Coveted Riviera II Little Dume Surf BeachHorse friendly: short trot to Bonsall Canyon or Ramirez CanyonShort 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.
Property Type(s): Lot/Land/Acreage
Last Updated 9/1/2021 Tract Other
Year Built 0 Community Malibu
County Los Angeles

Additional Details

AREA Malibu
LOT 1.28 acre(s)
LOT DESCRIPTION Flag Lot
SUBDIVISION Other
WATERFRONT Yes
WATERFRONT DESCRIPTION Beach Access,Ocean Side Of Highway
ZONING LCRA1*

Location

 

Contact us about this Property

 / 
We respect your online privacy and will never spam you. By submitting this form with your telephone number you are consenting for Matt Rapf to contact you even if your name is on a Federal or State "Do not call List".

Listing provided by : Robert Azzarello CalDRE: 00767223, Robert Azzarello, Broker

Based on information from CRMLS as of 9/22/21 1:46 AM PDT. The information being provided by CRMLS is for the visitor's personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, CRISNet MLS, i-Tech MLS, PSRMLS and/or VCRDS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

Any property information referenced on this website comes from the Internet Data Exchange (IDX) program of CRISNet MLS and/or CRMLS. 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.

This IDX solution is (c) Diverse Solutions 2021.

Email a Friend