Check Availability
Malibu 90265 Point Dume
29329 Bluewater Road
$12,450,000
● House - For Sale

29329 Bluewater Road

Malibu, CA 90265
bedrooms
4 Beds
bathrooms
4 Baths, 1 Half Bath
square feet
4,800 Ft²
$61,132
Est. Monthly

About This Property

The Bluewater Estate. Point Dume is the epicenter of the ultimate Malibu lifestyle. Home to some of the best surfing, hiking, biking and family beach culture in the country, this is where artists, creatives and titans of industry come to build families and memories that will last an eternity. Just blocks from legendary surf breaks, Point Dume Village, and some of Malibu's most beautiful beaches, life here is equal parts freedom, privacy and effortless sophistication. Close to Malibu Elementary, one of the most funded public schools in the nation, and Malibu High with it's $200M renovation. Set on over an acre with panoramic ocean and mountain views, 29329 Bluewater Road captures everything that makes Point Dume so special. Spanning approximately 4,800 square feet with 4 bedrooms and 4.5 baths, the residence blends natural materials, warm textures and refined architecture with an easy indoor-outdoor flow. Organic finishes like Travertine stone, fine oak cabinetry, and Ipe wood create a sophisticated yet relaxed atmosphere throughout the home. Generous living spaces open to expansive decks, bringing the Pacific and surrounding mountains into view from nearly every angle. Outside, the property is built for the way Malibu is meant to be lived. Long lunches in the sun. Sunset dinners beneath the gazebo. Boards by the door. Ocean air moving through the house. More than an acre of land creates rare privacy and breathing room, while the setting keeps you connected to the best of Point Dume. This is the kind of Malibu home that is becoming harder and harder to find. Beautifully designed, private, soulful and completely in tune with the coast.
Unit Size
4,800 Ft²
Days on Market
49 days
Land Size
1.11 acres
Price per sqft
$2,594
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1988

Listed By

Trevor Wright
The Beverly Hills Estates
Branden Williams
The Beverly Hills Estates

Payment Calculator

Cap Rate Calculator

Last updated: 6 days ago (CLAW #26905657)

Price History

Date / Event Date Event Price
Aug 28, 2026 Listed by The Beverly Hills Estates $12,450,000
Listed by The Beverly Hills Estates
Apr 19, 2024 No longer available -
No longer available
Mar 20, 2024 Price Decreased $5,695,000
↓ $300K (5%)
Price Decreased
Feb 17, 2024 Price Decreased $5,995,000
↓ $500K (7.7%)
Price Decreased
Jan 22, 2024 Listed by Rodeo Realty $6,495,000
Listed by Rodeo Realty
Location, location, location! Perfect opportunity for an end user and or developer to re imagine this home to its full potential. Located in the sought after Point Dume community in Malibu, this home sits on over 1 acre mostly flat with Ocean and Mountain Views. Currently the home is 4 beds and 3 baths that can be moved in and redone over time or rebuild now. This is an opportunity of a lifetime to acquire this much land with ocean views and only a few minutes to walk to the beach. Hurry this will not last! The manager has listed the unit size as 4251 square feet.

Property Highlights

Garage
Air Conditioning
Fireplace
Parking Details
Has Garage
Attached Garage
Has Open Parking
Parking Features: Circular Driveway, Direct Access, Garage, DoorMulti
Interior Details
Half Bathrooms: 1
Full Bathrooms: 4
Appliances: Dishwasher, Disposal
Laundry Features: Inside
Has Fireplace
Fireplace Features: Family Room, Living Room
Exterior Details
Square Footage: 4800
Year Built Source: Other
Year Built: 2026
Building Area Total: 4800
Levels: Two
Pool Features: In Ground
Pool is Private
Lot Size Area: 48482
Lot Size Units: Square Feet
Lot Size Acres: 1.113
Lot Size Square Feet: 48482
Utilities Details
Cooling Type: Central Air
Heating Type: Central

Building Info

Overview

    General

  • Year Built: 1988
  • Effective Year Built: 1988
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: 0
  • Building Quality: 1
  • Construction Type: 17
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 48,468
  • Lot Size Depth Feet: 4,850
  • Lot Size Frontage Feet: 1,050
  • Total Building Area: 4,251
  • Building Area: 4,251
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 4,251
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: RANCHO TOPANGA MALI
  • Land Acres: 0000001113
  • Standard Land Use Code: 1001
  • County Land Use Code: 0100
  • Legal Description 1: RECORD OF SURVEY AS PER BK 57 PG 47 TO 5O OF R S EX OF ST LOT/SEC 78

Neighborhood

  • School District Name: Santa Monica-Malibu Unified School District
  • Census Tract: 800412

Zoning

  • Zoning: LCRA1*

Geography

  • Assessors Map Reference: 110-B5
  • Parcel: 4468-007-017
  • Lot: 78
  • Municipality: WEST /MAL. BEACHES N.
  • Latitude: 34.0106
  • Longitude: -118.81

    Address

  • Full Address: 29329 Bluewater Rd
  • Address - House Number: 29329
  • Address - Street Name: Bluewater
  • Address - Suffix Type: Rd
  • State: CA
  • City Name: Malibu
  • Carrier Code: C103
  • 4-Digit Zip Code: 4116
  • Zip Code: 90265

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $933,863
  • Tax Rate Code Area: 10-860

    Appraisal Valuation

  • Standard Deviation: 0.227
  • Valuation Date: Jan 31, 2024
  • Confidence Score: 68
  • Final Value: 2,182,186
  • High Value: 2,677,758
  • Low Value: 1,686,614

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $778,122
  • Assessed Land Value: $344,339
  • Assessed Improvements Value: $433,783

    Exemptions

  • Homeowner Exemption: Yes
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Central Malibu


Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 7273 Birdview Avenue, MALIBU, CA, 90265

$8,500 /mo

  • 2 Beds
  • 2 Baths
  • 967 ft²
7273 Birdview Avenue, MALIBU, CA, 90265 Listing by Christian Crane
Unit for rent at 6483 Zuma View Place, MALIBU, CA, 90265

$6,300 /mo

  • 2 Beds
  • 3 Baths
  • 1,562 ft²
6483 Zuma View Place #104, MALIBU, CA, 90265 Listing by Harmony Hoefner
Unit for rent at 29500 Heathercliff Rd., MALIBU, CA, 90265

$6,500 /mo

  • 2 Beds
  • 2 Baths
29500 Heathercliff Rd. #A, MALIBU, CA, 90265 Listing by Shannon Ravenshear


Frequently Asked Questions

When was property at 29329 Bluewater Road built and last sold?
The property at 29329 Bluewater Road was built in 1988 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 29329 Bluewater Road is $12,404,139.
What are some comparable homes to 29329 Bluewater Road?
There are currently no comparable homes to 29329 Bluewater Road.