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29417 Bluewater Road
About This Property
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Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
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Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
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Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 11, 2026 | Listed by Compass | $5,600,000 | |
| Listed by Compass | |||
| Jun 5, 2025 | Sold | ||
| Sold | |||
| May 12, 2025 | In contract | - | |
| In contract | |||
| Nov 11, 2024 | Listed by Coldwell Banker Realty | $4,900,000 | |
| Listed by Coldwell Banker Realty | |||
| | |||
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Private and gated estate located above the ocean on Point Dume. Sycamore trees and a circular driveway welcome you to a park-like 1.3 acre property. The residence encompasses 3,452 square feet with 4 bedrooms and 3 1/2 baths. The interior is swathed in an abundance of natural light from the large windows and many skylights. A sleek showcase Kitchen has been upgraded with Miele and SubZero appliances and is at the heart of the ground floor. One bedroom with accompanying bath are also on this first level along with Living Room with soaring ceilings & gas fireplace, laundry room, powder room, and direct access to the three car garage. The second floor boasts three bedrooms and patios with beautiful vista and ocean views. The home is surrounded by gardens featuring lush landscaping, fruit trees, California native plants & majestic Queen Palms that create a tranquil oasis for birds, butterflies, and bees. Patio areas with fire pits provide entertainment spaces for large or small private gatherings. There is available parking for many cars within the compound. The property encompasses 59,241 square feet of primarily usable land. Other unique features include a well maintained back-up generator, full home water filtration system, central vacuum system, custom built wood cabinetry and abundant storage throughout. The property is located just up the street from the Point Dume Headlands featuring beautiful coastline views of the Queens Necklace and access to some of Malibu's most stunning beaches.
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| Apr 10, 2019 | No longer available | - | |
| No longer available | |||
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About Central Malibu
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017