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!
Sold for $4,500,000
$4,500,000
29329 Bluewater Rd, Malibu, CA 90265
4beds
4,251sqft
Residential
Built in 1988
1.11 Acres Lot
$5,223,300 Zestimate®
$1,059/sqft
$7,177 Estimated rent
Home value
$5,223,300
$4.54M - $6.06M
$7,177/mo
Zestimate® history
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$28,393/mo
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Zillow last checked: 7 hours ago
Listing updated: July 08, 2024 at 01:59am
Listed by:
Darlene Hutton DRE # 01342721 310-428-4861,
Rodeo Realty- Brentwood 310-873-4100,
Sergio Guadarrama Trejo DRE # 02147002 310-779-7171,
Rodeo Realty- Brentwood
Bought with:
Dana Ben-Yehuda, DRE # 01993117
The Agency
Source: CLAW,MLS#: 24-381323
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Central
Cooling
- Central Air
Appliances
- Included: Barbeque, Disposal, Freezer, Dishwasher, Dryer, Ice Maker, Microwave, Washer, Refrigerator, Range/Oven
- Laundry: Inside, Laundry Area, Electric Dryer Hookup
Features
- Built-Ins
- Flooring: Mixed
- Has fireplace: Yes
- Fireplace features: Family Room, Living Room
Interior area
- Total structure area: 4,251
- Total interior livable area: 4,251 sqft
Property
Parking
- Parking features: Circular Driveway, Driveway, Garage Is Attached, Garage - 2 Car, Direct Access
- Has attached garage: Yes
- Has uncovered spaces: Yes
Features
- Levels: Two
- Pool features: None
- Spa features: Hot Tub, In Ground
- Has view: Yes
- View description: Coastline, Mountain(s), Ocean
- Has water view: Yes
- Water view: Coastline,Ocean
Lot
- Size: 1.11 Acres
Details
- Additional structures: None
- Parcel number: 4468007017
- Zoning: LCRA1*
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Residential
Condition
- Year built: 1988
Community & neighborhood
Security
- Security features: Alarm System
Location
- Region: Malibu
Price history
| Date | Event | Price |
|---|---|---|
| 6/24/2024 | Sold | $4,500,000-16.6%$1,059/sqft |
Source:  CLAW #24-381323 Report a problem | ||
| 5/28/2024 | Contingent | $5,395,000$1,269/sqft |
Source: CLAW #24-381323 Report a problem | ||
| 4/17/2024 | Price change | $5,395,000-5.3%$1,269/sqft |
Source: CLAW #24-381323 Report a problem | ||
| 3/19/2024 | Price change | $5,695,000-5%$1,340/sqft |
Source: CLAW #24-350431 Report a problem | ||
| 2/15/2024 | Price change | $5,995,000-7.7%$1,410/sqft |
Source: CLAW #24-350431 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $57,037 +458.2% | $4,590,000 +478.3% |
| 2024 | $10,217 +7.6% | $793,683 +2% |
| 2023 | $9,494 +1.7% | $778,122 +2% |
Find assessor info on the county website
Neighborhood: Point Dume
Nearby schools
GreatSchools rating
- 5/10Malibu ElementaryGrades: K-5Distance: 0.5 mi
- 7/10Malibu MiddleGrades: 6-8Distance: 1.5 mi
- 8/10Malibu High SchoolGrades: 9-12Distance: 1.4 mi
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Estimated market value
$5,223,300
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$5,223,300
- California
- Los Angeles County
- Malibu
- 90265
- Point Dume
- 29329 Bluewater Rd