
Malibu, California 90265
This Stunning Architectural Condo is a High-Potential Investment Opportunity, listed at $1,995,000—positioned well below the $2,060,726 Fair Market Value by 3%. This valuation gap offers $65,726 in Instant Equity for the buyer. Featuring a Mint Condition Rating with high-end French Oak flooring and Wolf/Subzero appliances, this home offers a turnkey coastal lifestyle. With exclusive Riviera 3 beach access and a prime Point Dume location, it is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking luxury.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 29221 Heathercliff Road 9 Subject | $1,995,000* List Price | 2 | 2 | 1,500 | $1,374 | - |
A 6782 Shearwater Lane Active | $2,485,000 List Price | 3 | 3 | 1,584 | $1,569 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Despite being built in 1980, the property has undergone a high-end, comprehensive renovation within the last 5 years. It features a designer kitchen with premium Wolf and Subzero appliances, Carrara marble, new wide-plank French Oak flooring, and updated luxury baths, placing it in mint, move-in-ready condition.
The property includes the highly coveted Riviera 3 beach key, providing private gated access to one of Malibu's most prestigious and secluded coastal stretches.
The interior showcases meticulous renovations including wide plank French Oak flooring, Carrara marble countertops, and professional-grade Wolf and Subzero appliances.
Situated in a secure gated complex, the home offers excellent walkability to Point Dume shops, restaurants, and local schools, while remaining minutes from Zuma Beach.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =43536, other record lot size in square feet = 43480.
The association fee of $900 per month is relatively high for a condominium, which may impact the overall monthly budget for potential buyers.
The property appears to lack a central HVAC system, relying on a wall air conditioning unit in the office space rather than comprehensive climate control throughout the home.
Beautiful 2 bedroom, 2 bath architectural condo in a gated complex., Located in the coveted Pt. Dume community, offers the ultimate in effortless coastal living. Complete with the sought after Riviera 3 beach key access. Designed with meticulous detail, showcasing a light and airy aesthetic. Wide plank French Oak flooring, designer kitchen with Carrara marble countertops, Wolf range, Subzero refrigerator, custom cabinetry, and a water filtration purification system throughout the house. A spacious entertaining patio just off the living and dining room. The primary bedroom has two large walk-in-closets, a stunning bath with double shower head and custom cabinetry, as well as, a lovely sun-deck off the primary. The two car garages have plenty of storage space, custom cabinetry and laundry area. The complex is gated and has a community pool. There is a third bedroom or office space which has a wall air conditioner. Enjoy the pool or walk to the Pt. Dume shops and restaurants. Minutes away from Zuma Beach and local schools. Easy to show!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.0 |
| Baths | 2.0 | 2.5 |
| Square foot | 1,500 | 1,137.5 |
| Lot Size | 43,536 | 39,611 |
| Price | $2.00M | $1.45M |
| Price per sq ft | $1.3K | $1.3K |
| Built year | 1980 | 1975 |
| HOA | $900.0 | $1.1K |
| Days on market | 51 | 82 |
Jun 1, 2026
$1,995,000
Initial Listing
Feb 15, 2019
$1,575,000
Public Record
Jul 30, 2003
$640,000
Public Record
Sep 20, 2002
$525,000
Public Record