Real Estate

Top Sales | $17.5 million — Malibu

This coastal Cape Cod overlooks the ocean from a bluff in Point Dume, descending to a stretch of private beach.

$17.5 million - Malibu Four of the five largest on-market deals in October came near the coast, including this Cape Cod that traded hands for $17.5 million on a bluff in Malibu's Point Dume.Records show the home was owned by Wendy Hughes, ex-wife of billionaire Public Storage founder B. Wayne Hughes. She paid $10.7 million for the property in 2012.The coastal compound spans an acre and includes a main house clad in wood shingles, guest cottage, swimming pool and multiple lawns dotted with fruit trees and flower-laden trellises. Scenic decks line the backside of the home, descending to a private sandy beach with gated access to the ocean below.Sandro Dazzan and Cooper Mount of the Agency held the listing. Ellen Francisco of Coldwell Banker Realty represented the buyer.

This coastal Cape Cod overlooks the ocean from a bluff in Point Dume, descending to a stretch of private beach.  (Simon Berlyn / Berlyn Photography)

Share
This coastal Cape Cod overlooks the ocean from a bluff in Point Dume, descending to a stretch of private beach.

This coastal Cape Cod overlooks the ocean from a bluff in Point Dume, descending to a stretch of private beach.  (Simon Berlyn / Berlyn Photography)

This coastal Cape Cod overlooks the ocean from a bluff in Point Dume, descending to a stretch of private beach.

This coastal Cape Cod overlooks the ocean from a bluff in Point Dume, descending to a stretch of private beach.  (Simon Berlyn / Berlyn Photography)

This coastal Cape Cod overlooks the ocean from a bluff in Point Dume, descending to a stretch of private beach.

This coastal Cape Cod overlooks the ocean from a bluff in Point Dume, descending to a stretch of private beach.  (Simon Berlyn / Berlyn Photography)

This coastal Cape Cod overlooks the ocean from a bluff in Point Dume, descending to a stretch of private beach.

This coastal Cape Cod overlooks the ocean from a bluff in Point Dume, descending to a stretch of private beach.  (Simon Berlyn / Berlyn Photography)

This coastal Cape Cod overlooks the ocean from a bluff in Point Dume, descending to a stretch of private beach.

This coastal Cape Cod overlooks the ocean from a bluff in Point Dume, descending to a stretch of private beach.  (Simon Berlyn / Berlyn Photography)

Real Estate

More From the Los Angeles Times