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

28929 Wight Road
Malibu, California 90265
Property Price
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
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 28929 Wight Road Subject | $3,495,000* List Price | 4 | 5 | 3,877 | $986 | - |
A 28927 W Beach Lane Pending | $2,975,000 List Price | 4 | 3 | 2,544 | $1,169 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
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
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 4.0 | 50% |
| Baths | 5.0 | 4.0 | 67% |
| Square foot | 3,877 | 2,981 | 73% |
| Lot Size | 21,794 | 18,369 | 54% |
| Price | $3.50M | $3.80M | 46% |
| Price per sq ft | $901 | $1.3K | 18% |
| Built year | 1974 | 1976 | 46% |
| HOA | $0 | $0 | 50% |
| Days on market | 17 | 220 | 1% |
Pricing History
Listed for Sale
Feb 17, 2026
$3,495,000
Initial Listing
Sold
Jan 27, 2006
$1,675,000
Public Record





















