An oceanfront compound tucked inside Malibu's gated Paradise Cove enclave is back on the market with an asking price just under $60 million, offering rare direct sand access plus a separate beachfront cabana. The property sits at the end of a private cul-de-sac, set back from Pacific Coast Highway, and offers roughly 90 feet of private shoreline, a scarce stretch of sand in this corner of the coast. For buyers chasing true sand-level living, it is pitched as a textbook trophy play.
According to the Santa Monica Mirror, the compound at 28026 Sea Lane Drive is listed for $59,999,950 and includes a 3,795-square-foot main residence with four bedrooms and five bathrooms. The property's Compass listing, held by agents Carl Gambino and John Bercsi, highlights the detached, self-contained beachfront cabana along with oceanfront patios and a rooftop deck directly on the sand.
What the Compound Includes
Per the property's Zillow page, the main house is laid out with dual primary suites, high ceilings, skylights and wraparound windows. A lower level holds a screening and game room that opens straight to the beach, along with a concealed bunk room designed for children. The beachfront cabana is set up as a full guest unit, complete with its own kitchen plus living and dining areas, and it stacks multiple oceanfront decks intended for private entertaining.
Owner and Listing History
Longtime owner Chris Chelios, the former NHL defenseman, has floated the compound on the market before, and prior campaigns carried substantially higher asking prices, according to The Real Deal. The outlet reports that Chelios purchased the property in 2003 and that the parcel first resurfaced in a higher price band in recent years, a trajectory that tracks Malibu's shifting waterfront market.
Coastal Caveats and Buying Realities
The Compass listing notes disclosures that include Coastal Commission restrictions and flood-zone designations, the kind of fine print that can translate into extra permitting, design and insurance homework for a future owner. City of Malibu planning documents for Paradise Cove confirm that parcels along Pacific Coast Highway sit under coastal development oversight along with other site-specific rules buyers typically vet early in escrow.
The property remains active on broker platforms such as Zillow and shows recent updates to its online materials. At this price tier, showings are generally limited to prequalified buyers and cooperating brokers. For a full photo tour, the agent gallery and contact details, see the coverage in Santa Monica Mirror, which links directly to the broker packet.
