Located in a celebrity Serra Retreat neighborhood, an exclusive enclave with past and present residents including Britney Spears, Paul Mitchell and U2’s The Edge, this new home project, 3093 Sweetwater Mesa in Malibu, Calif. has been listed for $36,000,000 by Gail Copley, a Coldwell Banker Global Luxury Property Specialist affiliated with the Malibu Colony office of Coldwell Banker Residential Brokerage, and Joshua Spiegel of Sotheby's International Realty. A neighboring home selling for $85m was recently in the news, having traded from its prior owner, the son of African dictator Teodoro Obiang Nguema Mbasog. Approximately 14,662-square-feet, the home is under construction, due for completion in 2020, and was designed by Brian Biglin AIA, who is most notable for his large projects on the Newport Coast.
"Homes of this size are no longer being permitted in Malibu, so this is an exceptional opportunity for a buyer looking for large square footage and all the high-end finishes," said Copley. "From here on, the largest new home in Malibu will be limited to half this size, so it is a perfect time to get one of the last Malibu mansions of this caliber in Malibu’s best neighborhood.”
With three gates and 24-hour security, the property boasts unrivaled privacy, with coastline views. Centrally located in Malibu, just above the Malibu pier, it’s a two-minute drive to shopping. The property features parking for dozens of vehicles, a large chefs kitchen, big bar, pool cabana and 20-person movie theater. There are also an infinity-edge lap pool and 12-person spa. In addition, the future owner has time to work with their own designer to make changes and choose their own finishes if so desired.
"All of the hard work is over! This is a perfect time for a buyer that wants to customize and build it themselves or they can purchase the lot with all entitlements for $15 million,” said Spiegel. “When it is all done they will have one of the most spectacular homes on the West Coast."
Coldwell Banker Residential Brokerage, the No. 1 residential real estate brokerage in Southern California, operates approximately 75 offices with approximately 4,480 affiliated agents. Real estate agents affiliated with the company are independent contractor agents and are not employees of the company. Coldwell Banker Residential Brokerage is part of NRT LLC, the nation’s largest residential real estate brokerage company. For more information, please visit ColdwellBankerHomes.com. CalRE# 00616212
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