28929 Wight Road, Malibu, California 90265, Malibu, 90265 - 4 bed, 5 bath

28929 Wight Road, Malibu, California 90265 home-pic-0

28929 Wight Road

Malibu, California 90265

ACTIVE
CONDITION: EXCELLENT
4Beds
5Baths
3,877Sq Ft
21,794Lot Size

Property Price

LIST PRICE$3,495,000
EST. MARKET VALUE
$3,822,062
8% BelowMARKET VALUE

SUMMARY

Analysis of 28929 Wight Road, Malibu, California 90265 reveals a Prime Investment Opportunity with a current list price of $3,495,000—significantly undercutting the $3,822,062 Fair Market Value by 8%. This valuation gap indicates a +$327,062 Instant Equity potential for buyers. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. Located in a high-demand neighborhood within the Malibu Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.

Estimated Market Value

$3,822,062 +$327,062 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in Malibu.

Comparable Sales Map

Comparables within 1 miles sold in recently

Address Sold Price BedsBathsSq Ft$/SqftDistance
28929 Wight Road
Subject
$3,495,000*
List Price
453,877$986-
A
28927 W Beach Lane
Pending
$2,975,000
List Price
432,544$1,1690.1 mi

* Subject property listed price vs sold prices of comps.

Condition Analysis

OVERALL CONDITION SCORE

Excellent
TeardownExcellent

Property is new construction or fully renovated.

Although originally built in 1974, the property has undergone an extensive, high-end modern renovation within the last few years. The interior features a contemporary open-concept design with vaulted ceilings, premium light hardwood flooring, and a chef's kitchen equipped with professional-grade stainless steel appliances and a waterfall-edge island. All bathrooms have been fully updated with spa-inspired finishes, including a freestanding soaking tub in the primary suite and modern en-suite configurations for all bedrooms. The home is also updated with modern electrical systems, including pre-wiring for sound and security, showing no signs of deferred maintenance.

PROSSTRENGTHS & OPPORTUNITIES

  • High Available Lot Utilization

    The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 21794, living area = 3877.

  • Prime Coastal Location

    Situated just minutes from iconic Zuma Beach with convenient access to PCH and Kanan Dume, this property offers an ideal location for those seeking the quintessential Malibu lifestyle.

  • Modern Open-Concept Design

    The nearly 3,900-square-foot interior features vaulted ceilings, a cook's kitchen, and en-suite bathrooms for all four bedrooms, providing a sophisticated and functional layout for families and entertaining.

CONSRISKS & DEFICIENCIES

  • Limited Ocean Views

    Despite its proximity to the coast, the property only offers 'peek-a-boo' ocean views rather than expansive panoramas, which may be a drawback for buyers prioritizing high-impact vistas.

  • Potential Traffic Noise

    The home's convenient proximity to major thoroughfares like PCH and Kanan Dume Road can result in ambient traffic noise, potentially impacting the tranquility of the outdoor living spaces.

About 28929 Wight Road

Minutes from iconic Zuma Beach, this nearly 3,900-square-foot gated residence pairs an exceptional location with modern design and effortless coastal living. The open-concept layout creates a natural setting for entertaining, anchored by a light-filled great room with vaulted ceilings. A spacious cook's kitchen and sleek fireplace add both warmth and understated sophistication. The primary suite captures ocean breezes and peek-a-boo views, complete with a generous walk-in closet and a spa-inspired bath featuring a freestanding soaking tub. The other 3 bedrooms are spacious with en-suite bathrooms and ample closet space. Outdoors, mature hedges, fruit trees, and a grassy yard form a private retreat, while multiple French doors seamlessly dissolve the boundary between indoors and out. Thoughtfully designed for modern comfort, the home is pre-wired for sound, flat screens, and security, blending privacy, functionality, and refined Malibu style, with convenient access to PCH and Kanan Dume, near beaches, shops, and schools. Experience the best of Malibu Living: location, lifestyle, and undeniable value.

Property Details

Public Facts

Property Type
Single Family Residence
Year Built
1974
Lot Size
21,794 Sq. Ft.

Interior

Total Bedrooms
4
Total Bathrooms
5 (5 Full, 0 Half)

Exterior & Parking

No exterior & parking available.

Utilities & Misc

HOA Fee
$0 / Month

Neighborhood Insights

Sensitive Facilities

No sensitive facilities data found.

Neighborhood Comparison

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds4.04.0
50%
Baths5.04.0
67%
Square foot3,8772,981
73%
Lot Size21,79418,369
54%
Price$3.50M$3.80M
46%
Price per sq ft$901$1.3K
18%
Built year19741976
46%
HOA$0$0
50%
Days on market17220
1%

Pricing History

Listed for Sale

Feb 17, 2026

$3,495,000

Initial Listing

Sold

Jan 27, 2006

$1,675,000

Public Record

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