46
Map
28980 Cliffside Drive
About This Property
Listed By
Payment Calculator
Your Estimated Monthly Payment
Cap Rate Calculator
What does this mean?
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%.
How much can I actually make?
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.
How is cap rate calculated?
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 14, 2026 | Listed by Compass | $28,500,000 | |
| Listed by Compass | |||
| Aug 29, 2023 | No longer available | - | |
| No longer available | |||
| Dec 13, 2022 | Listed by Compass | $32,500,000 | |
| Listed by Compass | |||
| | |||
|
With luscious design influences of Morocco, Bali, Thailand, and Spain, this ultra-private blufftop Point Dume estate is a modern Moroccan villa and garden sanctuary. One of Malibu's most coveted addresses, the 1.1-plus acre property has a long celebrity pedigree, tranquil gardens, huge trees, and every enchantment for memorable indoor-outdoor entertaining. Set behind Balinese gates, the main entrance leads past statuesque pines and a grotto pond to a circular motorcourt where a slender stone tower and recumbent crescent roof detailing offer the first suggestion of the home's singular design. Inside, the evidence of a discerning eye and extraordinary skill is everywhere: beamed cathedral ceilings, arched and keyhole doorways, latticed-screen window treatments, and imported and handcrafted fixtures, features, and materials, including teak, oak, and tile. The main living areas, most of the bedrooms, and the peaceful backyard face onto a spectacle of ocean, islands, and the twinkling lights of the Queen's Necklace. With wraparound windows and large-tile floors, the living room features a sunken conversation pit with a Frank Zappa signature serpent mosaic in the floor, a fireplace, a high cathedral window, and glowing Moroccan light fixtures, also from Frank Zappa. The adjacent dining room, with a gorgeous coffered ceiling, and a window-wrapped sunroom both open to the back patio. The jewel-tone island kitchen, with its vaulted ceiling, skylight, and adjoining sitting/family room, is equipped for the serious chef and detailed with lighted cabinets and imported finishes. Off the kitchen is a laundry room and maid's quarters. Up the antique stairs is a mezzanine-level library. The primary suite is an ocean-view sanctuary complete with a fireplace, a separate sitting area, a deep walk-in closet, a Moorish-style tiled bath with indoor-outdoor shower, and a tiled deck that overlooks the backyard and the ocean panorama. There are four additional bedrooms, each with the home's signature design elements, plus a loft and a tower room outfitted as a private office with beautiful painted wood, vaulted ceilings, ocean views, and long, narrow windows. There is also a bonus/playroom, accessed by a secret door, and a storage area in the basement. The expertly maintained grounds feature a swimming pool of Turkish design with handmade tiles, a blufftop gazebo perfect for coffee, cocktails, and al fresco dining, a separate gazebo in the front yard, a two-car garage with driveway parking for a dozen cars, a separate gardener's entrance, and an abundance of specimen trees, including pines, citrus, peach, apricot, apple, and plum. The home is updated with a brand-new security system. Comfort and grandeur add up to an incomparable residence of legacy quality and rare beauty. Also available for lease for $85,000 per month.
| |||
Property Highlights
Building Info
Comparables
Status
Price/ft²
Listed On
Sold On
About Central Malibu
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
$8,500 /mo
- 2 Beds
- 2 Baths
- 876 ft²
$6,500 /mo
- 2 Beds
- 3 Baths
- 1,562 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017