Malibu Bluff Property Sells For $36.5 Million


Buyers are back and big buyers that is, 28060 Sea Lane Drive sold at $36,500,000 just a few days before the new year kicked off. According to the MLS, this Mediterranean Villa located on the very desirable Paradise Cove Bluffs has over 339 feet of beach frontage on 6.6 acres overlooking the ocean. The home is decked out with 7 bedrooms, 8.5 baths, with a theater and two offices. But that’s not it, the property is also fitted with a lighted tennis court for late night games.

According to public records, this sale is the second highest of the year in the Malibu real estate market. Largest sale of 2012 goes to Larry Ellison for his purchase on Carbon beach for $36,943,890.

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