
Malibu, California 90265
Analysis of 29029 Cliffside Drive, Malibu, California 90265 is currently available with a list price of $6,700,000. The property maintains a Tear down Condition Rating (10/100), reflecting significant deferred maintenance. This property is best suited for experienced investors or developers prepared for substantial renovation work. 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 Experienced Investors and Fix-and-Flip Specialists.
Property is land value only, full reconstruction required.
The property is currently unlivable as the interior has been stripped down to the studs. Built in 1951 and offered for the first time, the structure requires a total reconstruction or demolition. The listing price and description indicate the value is almost entirely in the 1.13-acre lot and its prestigious Cliffside Drive location.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 49350, living area = 2282.
Situated on Cliffside Drive in Point Dume, the property occupies one of Malibu's most exclusive and high-value streets, ensuring long-term investment stability.
The property includes a coveted Beach Key to RIVIERA 3, providing private gated access to one of the most desirable coastal stretches in Southern California.
The interior has been taken down to the studs, meaning the property requires a total renovation or rebuild before it can be occupied.
Given the current state of the structure, buyers must budget for substantial construction costs on top of the multi-million dollar acquisition price.
First time ever offered for sale + Beach Key to RIVIERA 3! This exceptional Point Dume property presents a rare opportunity to create a world-class Malibu estate on one of the neighborhood's most coveted streets. Set on approximately 1.13 acres of lush, verdant grounds, the property sits along prestigious Cliffside Drive, a location known for commanding some of Malibu's highest estate prices. The property offers ocean views from the main level, with the potential for a future second story that could capture even more expansive ocean views. An original single-level ranch-style home currently sits on the site. While the interior has been taken down to the studs, the structure retains its classic charm and is surrounded by mature landscaping that frames both the welcoming entry yard and expansive rear grounds. Whether thoughtfully restored or reimagined as a new architectural estate, this property represents a remarkable opportunity to secure a premier Cliffside Drive address in one of Malibu's most sought-after coastal neighborhoods. Opportunities of this scale, location, and view potential rarely come to market at this price point.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 4.0 | 50% |
| Baths | 3.0 | 4.0 | 48% |
| Square foot | 2,282 | 2,748 | 38% |
| Lot Size | 49,350 | 18,758.5 | 72% |
| Price | $6.70M | $3.77M | 73% |
| Price per sq ft | $2.9K | $1.3K | 91% |
| Built year | 1951 | 1979 | 11% |
| HOA | $0 | $0 | 50% |
| Days on market | 37 | 226 | 2% |
Mar 16, 2026
$6,700,000
Initial Listing