The homes lined up along Cliffside Drive in Malibu's Point Dume area possess some of the most coveted ocean and coastline views in a community prized for its mesmerizing vistas. A recently refurbished estate on the sought-after street is now available at $58 million after first hitting the market for $65 million. Clad in wood treated in the ancient Japanese Shou Sugi Ban process, the home wraps around a massive stone-paved terrace with a swimming pool and spa. Just below, on a manicured stretch of lawn, a barrel sauna has a window with a meditative view, while a private staircase winds down the cliff's steep face to Big Dume Beach. Meanwhile, in Miami's well-to-do Coconut Grove neighborhood, a 10,000-square-foot villa within a gated enclave built on land owned by reclusive billionaire Howard Hughes at the time of his 1976 death has floated onto the market for $55.5 million.

Eccentric Billionaire Howard Hughes' Former Miami Property Lists for a Cool $55.5 Million

The American aerospace engineer and businessman owned the land beneath the existing home in Coconut Grove at the time of his 1976 death.

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