Marisol Malibu Showcase Home For $17 million, Estate of The Day

Marisol Malibu is the largest major residential development project to rock Malibu in more than a decade. Tucked away near the end of Malibu's 27-mile stretch of coastline near the Ventura County line, the 80-acre development's main showcase home was just listed at $17 million. Also being sold are 16 additional ocean bluff home sites, starting at $4 million.

Malibu hasn't seen this level of pristine land since May Rindge locked up her gates and tried to block the railroad and county road from coming through her home. The Rindges bought the 13,300 acres of Rancho Malibu for $10 an acre in 1892 and while developer Richard Morris is certainly looking to fetch a little more, you can totally see what the Rindges saw way back when. It's just a breath-taking location, and as they say, nobody is manufacturing any more oceanfront land, are they?

Marisol Malibu features a 10,000-square-foot single-story main home. It has a 60-foot-wide great room with 14-foot tall ceilings, a fully equipped wet bar and two master bedroom suites both with oak ceilings and views of the surfers below. There are two other bedrooms with mountain views. The home has a state-of-the-art home theater, an open chef's kitchen, refrigerated wine cellar, gym and landscaped grounds with an infinity-edge lap pool and three patios. There is an outdoor dining pavilion and an ironwood deck on the 4,000 square foot bluff "beach." The home has a water wall of rock quarried from the site and set in a a fern and oak garden. The driveway is made of hand-hewn cobblestones of native rocks. There is parking for 10 cars. All the electronics are centrally controlled b a Creston smart system and 10 security cameras patrol the property.

Including the showcase property, Marisol has 13 oceanfront one-acre estate sites and three two-acre flat sites for estates to be built elevated above the oceanfront sites. There is also a 57-acre hillside retreat that overlooks the whole project and 10 miles of rugged coastline. The lots range from $4 million to $9 million.

Jack Pritchett of Pritchett-Rapf & Associates of Malibu, and Chris Cortazzo of Coldwell Banker Malibu, share the listing.