29239 Heathercliff Road 12, Malibu, California 90265, Malibu, 90265 - 2 bed, 2 bath
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Malibu, California 90265
This Turnkey Point Dume Townhouse is a Strong Value Opportunity, listed at $1,950,000—positioned well below the $1,960,005 Fair Market Value by 0.51%. This valuation gap offers $10,005 in Instant Equity. Featuring a Condition Rating of 2, the unit includes modern wide-plank flooring, a versatile loft, and a private Riviera III Beach Key. With an attached two-car garage and canyon views, this property provides a seamless coastal lifestyle. It is an ideal acquisition for lifestyle-focused buyers or owner-occupants seeking a move-in ready Malibu sanctuary.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 29239 Heathercliff Road 12 Subject | $1,950,000* List Price | 2 | 2 | 1,053 | $1,861 | - |
A 6768 Shearwater Lane 73 Pending | $2,500,000 List Price | 2 | 3 | 1,320 | $1,894 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although built in 1977, the property has undergone a recent high-quality renovation within the last 5 years. It features modern wide-plank flooring, fresh neutral paint, updated shaker-style kitchen cabinetry, and recessed lighting. Mechanical systems like the water heater appear relatively new, and the unit is in mint, move-in ready condition.
The property includes the highly coveted Riviera III Beach Key, providing private gated access to Little Dume Beach, one of Malibu's most prestigious coastal amenities.
Situated in a secure gated complex within walking distance to Point Dume Plaza, offering residents a rare combination of privacy and convenient access to local shopping and dining.
This updated unit offers a versatile loft space, an attached two-car garage with direct access, and internal laundry, providing modern convenience in a compact footprint.
With a list price of $1.95M for 1,053 square feet, the property commands a significant premium that may be a deterrent for buyers seeking more interior living space.
Built in 1977, the property may lack the modern energy efficiencies and contemporary architectural standards found in newer luxury developments.
RIVIERA III BEACH KEY ! I'll spare you the chatGPT fluffy description ...IYKYK ! This Updated and clean 2+2 with loft POINT DUME TOWNHOUSE comes with the coveted little Dume BEACH KEY in a gated complex within walking distance to the Pt Dume plaza. Vacant and ready for immediate occupancy and summer enjoyment. Attached 2 car garage with direct access and plenty of storage. Laundry room inside.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,053 | 1,075 | 43% |
| Lot Size | 37,533 | 41,497 | 48% |
| Price | $1.95M | $1.48M | 81% |
| Price per sq ft | $1.9K | $1.2K | 86% |
| Built year | 1977 | 1974 | 62% |
| HOA | $695.0 | $955 | 24% |
| Days on market | 22 | 205 | 5% |
May 23, 2026
$1,950,000
Initial Listing
Sep 7, 2005
$769,000
Public Record