0811sandcastleauction Up for Auction: A Malibu 10,000 Square Foot Sand Castle Sand castle on Billionaire Beach, going once, going twice!…I wonder how much it will sell for?

The starting bid of $ 22 million alone is a steal. And that, with the original listing price of $ 65 million, makes it the highest priced home ever to hit the auction block.

It’s not a foreclosure or short sale, just a very motivated seller. It’s another example of a growing trend of high-end homeowners choosing to auction their residences off as a way to nearly guarantee a home sale sooner than later.

Does the 90-foot great room, oceanfront gym, home theater room costing $ 1.45 million to build, 4,500 square-foot oceanfront patio with outdoor kitchen, 75-foot, two-lane lap pool (the biggest ever permitted to be built in Malibu), or 150-feet of ocean frontage entice you to raise your paddle?

See more listing details and photos.

If so, you have one day only to place your bid – September 18th at noon.

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