29020 Cliffside Drive, Malibu, California 90265, Malibu, 90265 - 4 bed, 4 bath

29020 Cliffside Drive, Malibu, California 90265 home-pic-0
ACTIVE$25,000,000$4,054/sqft
29020 Cliffside Drive, Malibu, California 90265
4Beds
4Baths
4,054Sqft
45,502Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
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 = 45502, living area = 4054.
Top Cons:
Original Construction Age: Built in 1976, while updated, the underlying structure and some systems may be original, potentially requiring future maintenance or upgrades not immediately apparent.

Compared to the nearby listings

Price:$25.00M vs avg $4.35M (+$20,650,000)97%
Size:4,054 sqft vs avg 2,744 sqft75%
Price/sqft:$6.2K vs avg $1.3K96%

More Insights

Built in 1976 (50 years old).
Condition: Despite being built in 1976, the property has clearly undergone extensive, high-quality renovations, bringing it to current luxury standards. The kitchen features top-of-the-line stainless steel appliances (e.g., Viking dishwasher), modern white cabinetry, dark countertops, and a contemporary backsplash. The primary bathroom is a spa-like retreat with modern black and grey stonework, a built-in tub with ocean views, a sauna, and a luxurious shower. Other bathrooms also showcase modern fixtures and finishes. Throughout the home, there are high ceilings, abundant skylights, large format tile flooring, and modern recessed lighting, all indicating a recent and comprehensive update. The exterior and outdoor amenities are also meticulously maintained and modern.
Year Built
1976
Close
-
List price
$25M
Original List price
$25M
Price/Sqft
$6,167
HOA
-
Days on market
-
Sold On
-
MLS number
26638167
Home ConditionExcellent
Features
Excellent View: Bluff, Catalina, City Lights, Coastline, Mountain(s), Ocean, Pool, Rocks
Deck
Pool
Spa
Patio
ViewBluff,Catalina,City Lights,Coastline,Mountain(s),Ocean,Pool,Rocks

About this home

Exceptionally private and awash with natural light, this gated Point Dume blufftop estate provides over an acre of indoor-outdoor living with absolutely spectacular ocean, island, and Queen's Necklace views. Surrounded by expansive lawns and manicured landscaping, the single-level home has a large swimming pool and a huge entertaining deck overlooking the shoreline and the sea. Gracious, open interiors with high ceilings, many skylights, generous built-ins, picture windows, and wraparound walls of glass offer wonderful sight lines to the pool, gardens, and views. Furnished for elegant comfort, the main living area flows seamlessly between the large living room with a fireplace, the dining area with a tray ceiling and service bar, the spacious media room/library with a wall of book shelves, and the marvelous chef's kitchen. Equipped with top-quality appliances and an island with bar seating, the kitchen enjoys backyard, pool, and ocean views, and opens to the patio for poolside al-fresco dining. The home's four bedrooms include a private guest suite with kitchenette and bath. The primary suite is a tranquil, ocean-view retreat with a walk-in closet and an amazing spa-like bath complete with skylights, gorgeous stonework, a spectacular garden-view sauna, and enormous windows facing the pool and ocean views. In addition to the huge front lawn, with a garden bench and swing-set, the home's resort-like backyard is the perfect setting for large and small gatherings, dining, recreation, and undisturbed relaxation. With its amazing views, the backyard centers around the large waterfall pool and spa with a flagstone pool deck. There is a partially covered patio lounging area, a pergola with built-in couches, a step-up seating area with a fire pit, a barbecue, an outdoor shower, and a stunning blufftop entertaining deck with benches and views, views, views. Additional features include a mud room, a two-car garage with a washer and dryer plus an extra refrigerator and freezer, guest parking for six cars, and lifestyle amenities such as a full-house sound system and camera security, plus a coveted beach key.

C
Christopher Cortazzo
Listing Agent

Price History

Date
Event
Price
04/14/00
Sold
$3,550,000
01/22/16
Sold
$13,850,000
Condition Rating
Excellent

Despite being built in 1976, the property has clearly undergone extensive, high-quality renovations, bringing it to current luxury standards. The kitchen features top-of-the-line stainless steel appliances (e.g., Viking dishwasher), modern white cabinetry, dark countertops, and a contemporary backsplash. The primary bathroom is a spa-like retreat with modern black and grey stonework, a built-in tub with ocean views, a sauna, and a luxurious shower. Other bathrooms also showcase modern fixtures and finishes. Throughout the home, there are high ceilings, abundant skylights, large format tile flooring, and modern recessed lighting, all indicating a recent and comprehensive update. The exterior and outdoor amenities are also meticulously maintained and modern.
Pros & Cons

Pros

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 = 45502, living area = 4054.
Unparalleled Ocean & Island Views: The property boasts 'absolutely spectacular ocean, island, and Queen's Necklace views' from its blufftop location, enhancing its luxury appeal and value.
Exceptional Privacy & Security: Described as an 'exceptionally private and gated Point Dume blufftop estate,' offering a secure and secluded living environment.
Resort-Style Outdoor Living: Features 'over an acre of indoor-outdoor living' with a large swimming pool, huge entertaining deck, waterfall pool and spa, fire pit, barbecue, and extensive manicured landscaping, ideal for entertaining and relaxation.
Luxurious & Light-Filled Interiors: The single-level home offers 'gracious, open interiors with high ceilings, many skylights, generous built-ins, picture windows, and wraparound walls of glass,' including a 'marvelous chef's kitchen' and a 'spa-like primary bath.'
Exclusive Location & Amenities: Situated in a coveted 'Point Dume blufftop' location, includes a 'coveted beach key,' a private guest suite with kitchenette, and ample guest parking, adding to its exclusivity and convenience.

Cons

Original Construction Age: Built in 1976, while updated, the underlying structure and some systems may be original, potentially requiring future maintenance or upgrades not immediately apparent.
High Ongoing Maintenance: The extensive outdoor amenities, including over an acre of manicured landscaping, a large swimming pool, and a waterfall spa, demand significant ongoing maintenance and associated costs.
Substantial Operating Costs: As a luxury estate in a prime Malibu location, the property will incur considerable annual expenses for property taxes, insurance, and utilities, which could be a significant financial consideration for buyers.
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