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$48,500,000

Beds
6
Baths
7.5
sq ft
11,154

28808 Cliffside Dr, Malibu, CA 90265

28808 Cliffside Dr

Malibu, CA 90265

  • Off market
Palatial in design and of a scale that cannot be replicated today, this ultra-private cul-de-sac estate commands gorgeous ocean, whitewater, and coastline views from its prestigious, geologically secure Point Dume bluff. Over an acre of parklike grounds for sumptuous living, including a private path to beach and multiple surf breaks! This grand oceanfront residence invites sumptuous entertaining and a lifestyle of harmonious luxury. Constructed on three levels to optimize the amazing views, the updated home has an elevator, dramatically high ceilings, soffit lighting, enormous curved windows, multiple fireplaces, and beautiful hardwood and limestone parquet floors. The property's front gate leads to a circular drive, where lush landscaping and a resort-style porte-cochre welcome visitors. Breathtaking views and bold sightlines begin at the front door, which opens to reveal a grand circular foyer with double-height ceilings, exquisite sweeping staircase, and a pair of tall columns flanking the entry arch to the living room and the views beyond. The living room has a huge fireplace, a serene piano alcove, and majestic floor-to-ceiling windows facing onto the ocean. French doors open to one of the home's view balconies for entertaining, al fresco dining, and relaxing under the stars. Two steps up from the living room is a beautiful ocean-view dining area. The chef's kitchen features a well-equipped butler's pantry plus a walk-in storage pantry, granite countertops, a large island, and top-quality appliances, including a restaurant-style Wolf range with a griddle top, and new Sub-Zero refrigerator, freezer, and wine cooler. An adjacent casual dining area steps down to a spacious ocean-view family room with a fireplace. This also opens onto the view balcony. Completing the main floor are an en-suite, ocean-view guest bedroom, an ocean-view office, and two powder rooms. On the upper floor, accessible by elevator or the central staircase, is the stunning owner's suite, with gorgeous views, fireplace, lavish marble spa-style bath, generous custom closets, and a large private balcony complete with fireplace and ocean-view seating. Also on the upper floor is another en-suite bedroom and an office/bonus/yoga room with a mirrored wall and an entertainment beverage station. On the estate's lower floor, in addition to three more ocean view en-suite bedrooms, is a mirrored gym, a powder room, laundry room, and a huge billiards/recreation room with a fireplace, wet bar, ocean views, and French doors opening to a large lawn that wraps around to the front of the house. The backyard entertaining area includes a covered patio, a view pavilion with an outdoor shower, and lighted steps all the way to the beach. The home has a two-car garage and a three-car garage, and has approved plans for updated outdoor hot tub/spa area. This spectacular estate is in every way equal to its magnificent setting: an inspired achievement for a Malibu lifestyle of tranquil luxury.

Details

Property type

Single Family Residence

Lot size

1.0461 acres

Price per sq ft

$4,349

Year built

1993

HOA

No

Price History

10/05/2024
CLAW

CLAW #24376571

Removed
$48,500,000
04/04/2024
CLAW

CLAW #24376571

Listed
$48,500,000

Schools & Community

Neighborhood: 

Point Dume

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

High school district: 

Santa Monica-Malibu Unified

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Jpmorgan Chase Bank Na

Loan start date

August 2021

Original loan amount

$5,000,000

Est. remaining balance

$4,662,606

Interest rate

2.9%

Loan type

New Conventional, 30 year

Seller

David M Visher and Sandra H Visher

Lender

Jpmorgan Chase Bank Na

Loan start date

May 2013

Original loan amount

$5,000,000

Est. remaining balance

Not provided

Interest rate

2.62%

Loan type

Adjustable Rate Mortgage, 30 year

Seller

David M Visher and Sandra H Visher

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Off Market

Tomo last checked: 10/04/2024 at 7:10 PM

Listing updated: 10/03/2024 at 9:50 AM

Listed by: Christopher Cortazzo, Compass Phone #: (310) 230-5744

MLS: CLAW #24376571

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