A home in Malibu, California, with a front-row seat to the Pacific Ocean—and the solar system—is headed to the market Thursday for $9.99 million.
The vistas of the atmosphere come courtesy of the cliff-front home’s observatory, a unique feature of the 5,000-square-foot spread.
“As far as we know we’re the only home in Point Dume that has an observatory,” listing agent Timothy White of Douglas Elliman, told Mansion Global. The unusual amenity is something that the next owner could retrofit to create a “phenomenal piece that no other house has.”
After purchasing the place in the 1970s, the owners—who could not be reached for comment—remodeled it in the late ’80s.
Their overhaul ensured that the home not only catered to and accommodated their vast interests—from stargazing to art collecting—but that every room in the house that could have a view, did have a view, according to Mr. White.
“These are picture-postcard views,” he said. They take in the Channel Islands, Zuma Beach and the coastal mountains, and they’re “the biggest selling feature for this property.”
The views are a feature joined by high-vaulted wood ceilings, light-filled interiors, skylights and walls of glass.
“When you approach the property it’s not what you think inside. The minute you open that door you are awestruck,” Mr. White said. “Your blood pressure drops. You’re looking right at the ocean.”
It “blows my mind away every time I go there,” he added.
The property also boasts an open-concept living space, a family room, an office, a wet bar, a gourmet kitchen, and a steam room and sauna. A primary suite is one of three bedrooms in the home, and is fitted with a vintage fireplace and a spa-like bathroom.
“Since the house was remodeled in 1988, [it] does need a little reimagining, and I’m sure whoever buys it will,” Mr. White said. “There’s so much they can do with it.”
Meanwhile, Malibu’s property market is thriving.
The median price for a high-end house in the coastal enclave reached $3.6 million during the last quarter of 2021, up 14.1% from the same time in 2020, according to data from Douglas Elliman.
“It’s a very hot market right now,” Mr. White said. “They could not have made a better investment.”
Article Source: Mansion Global
