While the under $3,000,000 luxury market for homes seems to be slowing down, the growing demand for high-end finished products within the Malibu real estate market continues to be met with new homes such as this one with a listing price of $25,000,000. This stunning East Coast traditional is situated on the cliffs of Point Dume with a breathtaking view of the Pacific Ocean. The home sets a new record asking price for this section of ocean view bluff located on Birdview Street and will most likely elevate the value of all the neighboring properties when a sale is finalized. Competing for high-end buyers are two other listings: 7049 Birdview at $19,950,000 and 7307 Birdview at$11,250,000. The highest sales price achieved on Birdview closed around $13,000,000.
The home was built by Albino Construction, known for building the highest quality homes that are frequently purchased by buyers from the entertainment industry. It features 7 bedrooms and 11 bathrooms with 8756 Sq. Ft. on little over one acre of prime Malibu soil. There is an infinity edge pool, expansive ocean views, and direct beach access via a private gate with your own path to the sand. If you love the homes in the Hamptons, the weather in Southern California, and can afford to buy a small, private island, then you’ve found your perfect home in highly sought after Malibu.
Listed with Chris Cortazzo of Coldwell Banker Malibu
Tags: albino construction, beach house, cape cod, estates, expensive homes, luxury, malibu real estate, mansions, ocean view, point dume homes for sale, traditional