
Malibu, California 90265
This Malibu Blufftop Estate is a Strong Value Opportunity, listed at $34,999,000—positioned well below the $36,925,829 Fair Market Value by 5%. This valuation gap provides $1,926,829 in Instant Equity for the incoming buyer. Featuring an Excellent Condition Rating following high-end renovations, the property offers deeded beach rights to Little Dume and panoramic ocean views from 100 feet of frontage. Located within the Santa Monica-Malibu Unified district, this turnkey sanctuary includes a chef's kitchen, pool, and spa. It is an ideal acquisition for luxury owner-occupants or high-net-worth investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 29000 Cliffside Drive Subject | $34,999,000* List Price | 5 | 6 | 5,848 | $6,314 | - |
A 29020 Cliffside Drive Active | $25,000,000 List Price | 4 | 4 | 4,054 | $6,167 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Despite its 1975 original construction, this Malibu estate has undergone extensive, high-end renovations that place it in the excellent category. The property features a chef's kitchen with dual islands and top-of-the-line appliances, a lavish primary spa-bath, and modern luxury finishes including multiple skylights, elegant moldings, and seamless indoor-outdoor living spaces. The overall quality, maintenance, and premium upgrades meet the highest current market standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 46608, living area = 5848.
The property includes highly coveted deeded beach rights to the private Little Dume/Riviera III beach, offering a rare level of coastal privacy and exclusivity in Malibu.
Situated on over an acre with 100+ feet of blufftop frontage, the estate provides unobstructed panoramic views of the Pacific Ocean, coastline, and the iconic Queen's Necklace.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =46608, other record lot size in square feet = 46680. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 5, other record bedroom count = 4.
Originally built in 1975, the residence may require significant capital investment to modernize structural systems or aesthetics to meet the standards of contemporary ultra-luxury buyers.
At a $35 million price point, the property faces intense competition from newer, more architecturally modern estates within the same elite Point Dume neighborhood.
Experience palatial elegance and abundant natural light in this stunning Cliffside Drive estate, offering breathtaking ocean, island, and coastline views. Perched above Dume Cove, this remarkable property includes deeded beach rights to the exclusive Little Dume/Riviera III beach, ensuring private access to one of the area's most coveted stretches of sand. Set behind beautiful gates on over an acre of majestic blufftop, the residence boasts over 100 feet of view frontage. Designed for unforgettable entertaining and unparalleled comfort, this single-level home is a masterpiece of luxury and sophistication. Spacious rooms are adorned with exquisite details, including magnificent glass entry doors, multiple skylights and fireplaces, elegant moldings, and wainscoting. The residence offers generous built-in cabinets and storage, ensuring both style and functionality. The seamless indoor-outdoor flow leads to dramatic terraced patios that provide panoramic sunrise-to-sunset views, creating an ideal setting for recreation, al fresco dining, and gatherings large and small. The ocean-view kitchen is a chef's dream, featuring a vast skylight that bathes the space in natural light, top-of-the-line appliances, and dual islands that offer ample preparation and serving space. Just outside, an all-season ocean-view dining patio is complete with a barbecue and a massive stone table, perfect for hosting memorable meals with family and friends. Additional highlights include a covered outdoor living room and a blufftop dining patio, perfectly situated for sunset dinners as the lights of the Queen's Necklace twinkle on the horizon. The property also features a lovely swimming pool and spa with a surrounding lounging deck, set against a backdrop of perfectly manicured landscaping that enhances the home's serene and private ambiance. The bedrooms are equally impressive, with the primary suite offering a luxurious retreat from the world. This getaway-from-it-all space opens onto the poolside patio and features a cozy fireplace sitting area, a lavish spa-bath, and a walk-in custom closet, providing an oasis of comfort and relaxation. Relax, entertain, and enjoy the many pleasures of Point Dume living in this impressive and harmonious home, where every detail is designed to offer a lifestyle of luxury and tranquility.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 4.0 | 73% |
| Baths | 6.0 | 4.0 | 83% |
| Square foot | 5,848 | 2,752 | 91% |
| Lot Size | 46,608 | 18,758.5 | 70% |
| Price | $35.00M | $3.77M | 98% |
| Price per sq ft | $6.0K | $1.3K | 97% |
| Built year | 1975 | 1979 | 42% |
| HOA | $0 | $0 | 50% |
| Days on market | 51 | 226 | 3% |
Mar 2, 2026
$34,999,000
Initial Listing