
Malibu, California 90265
This Turnkey Point Dume Townhouse represents a Strong Value Opportunity, listed at $1,925,000—positioned well below the $2,016,086 Fair Market Value by 4%. This valuation gap provides $91,086 in Instant Equity for the buyer. Featuring a fully renovated interior, private outdoor spa, and a coveted Riviera III beach key, the property maintains an Excellent Condition Rating. Its prime location offers unmatched walkability to local amenities. This residence is an ideal acquisition for lifestyle-focused buyers or owner-occupants seeking immediate coastal luxury.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 29206 Heathercliff Road Subject | $1,925,000* List Price | 2 | 3 | 1,297 | $1,554 | - |
A 29221 Heathercliff Road 9 Sold | $1,965,000 | 2 | 2 | 1,500 | $1,310 | 0.1 mi |
B 6768 Shearwater Lane 73 Sold | $2,400,000 | 2 | 3 | 1,320 | $1,818 | 0.6 mi |
C 29221 Heathercliff Road 13 Active | $2,420,000 List Price | 2 | 3 | 1,530 | $1,582 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although built in 1983, the property is described as fully renovated and turnkey. Visuals confirm a high-end, modern renovation within the last 5 years, featuring updated bathrooms with contemporary subway tile, new flooring, and a modern kitchen.
The property includes a coveted Riviera III beach key, providing private gated access to some of Malibu's most secluded and prestigious coastlines.
This fully renovated townhouse features modern upgrades, soaring ceilings, and a private outdoor spa, offering a move-in-ready luxury experience.
Situated directly across from Point Dume Plaza, the home offers exceptional walkability to high-end grocery stores, restaurants, and local amenities.
Unlike many premium Malibu listings, this unit does not offer ocean or mountain views, which may limit its appeal to certain luxury buyers.
The monthly HOA fee of $775 is relatively high for a two-bedroom condominium, increasing the ongoing carrying costs for the owner.
Turnkey Point Dume townhouse with coveted Riviera III beach key and private outdoor spa. Discover this fully renovated and thoughtfully designed residence in the heart of Point Dume, offering an exceptional blend of luxury, convenience, and coastal living. The home features two spacious upstairs bedrooms, each with access to a full bathroom, while the main level offers soaring ceilings, an inviting living area, a beautifully updated kitchen, and a convenient powder room. Step outside to a serene private patio, ideal for al fresco dining, entertaining, or relaxing in the spa after a day at the beach. Directly across from Point Dume Plaza, enjoy effortless access to restaurants and grocery stores. Just minutes from Point Dume Nature Preserve, Westward Beach, Zuma Beach, Malibu schools, and the best of the Point Dume lifestyle. A rare opportunity to enjoy easy coastal living in one of Malibu's most desirable communities. Easy to show!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.0 |
| Baths | 3.0 | 2.2 |
| Square foot | 1,297 | 1,272.667 |
| Lot Size | 63,094 | 88,350.5 |
| Price | $1.93M | $1.62M |
| Price per sq ft | $1.5K | $1.2K |
| Built year | 1983 | 1978 |
| HOA | $775.0 | $1.1K |
| Days on market | 11 | 83 |
Aug 29, 2026
$1,925,000
Initial Listing
Aug 16, 2017
$1,259,000
Public Record