28808 Cliffside Drive
About This Property
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Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
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Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
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Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 11, 2025 | Sold | ||
| Sold | |||
| Jun 9, 2025 | Listed by Compass | $30,500,000 | |
| Listed by Compass | |||
| Jun 12, 2022 | No longer available | - | |
| No longer available | |||
| Apr 7, 2022 | Price Decreased |
$58,500,000
↓ $7M
(10%) | |
| Price Decreased | |||
| Aug 9, 2021 | Listed by Compass | $65,000,000 | |
| Listed by Compass | |||
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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 Point Dume bluff. Over an acre of parklike grounds for sumptuous living, including a private path to beach and multiple surf breaks. This grand 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 the ocean. French doors open to one of the homes 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 butlers 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. 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 maids/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 estates 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, permits for a hot tub spa, and lighted steps all the way to the beach. The home has a two-car garage and a three-car garage. This spectacular estate is in every way equal to its magnificent setting: an inspired achievement for a Malibu lifestyle of tranquil luxury. The manager has listed the unit size as 11154 square feet.
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Property Highlights
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About Central Malibu
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017