
Malibu, California 90265
This Turnkey Coastal Residence is a High-Potential Investment Opportunity, listed at $5,995,000—positioned above the $5,098,327 Fair Market Value. While priced for the premium Point Dume market, the property features a Mint Condition Rating with a Chef's Kitchen and Pool/Spa amenities. The expansive 2/3-acre lot offers significant development upside, including preliminary ADU concepts. This property balances a luxury lifestyle with long-term appreciation potential, making it an ideal acquisition for Sophisticated Investors or Owner-Occupants seeking a private Malibu retreat.
Property is new construction or fully renovated.
While originally built in 1961, the property shows evidence of a high-end, recent renovation. The interior features modern wide-plank flooring, updated bathrooms with contemporary vanities and black fixtures, and a chef's kitchen with stone counters. The systems and finishes appear to be in mint condition, making it move-in ready with no immediate maintenance required.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 29596, living area = 2744.
Situated in one of Malibu's most coveted neighborhoods, the property offers immediate access to iconic surf spots, hiking trails, and the exclusive Point Dume Headlands.
The expansive 2/3-acre flat lot includes preliminary design concepts for a guest house or ADU, providing a significant opportunity for future expansion and value appreciation.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 2744, other record living area = 1666.
At approximately 2,774 square feet with only three bedrooms, the home's interior size may feel modest compared to other offerings at the $6 million price point.
While the property boasts a prestigious location, the ocean views are characterized as 'peek-a-boo,' which may not satisfy buyers seeking panoramic or unobstructed marine vistas.
Set in the highly sought-after Point Dume area of Malibu, 29260 Sea Lion Place offers a rare blend of privacy, comfort & classic coastal living. Located moments from the Point Dume Headlands, Big Dume, Westward Beach & some of Malibu's most iconic surf, hiking & oceanfront scenery, this gated residence captures the relaxed sophistication that makes this part of Malibu so special. Available fully furnished, the home is designed for easy indoor-outdoor living w/ natural light, floor-to-ceiling windows & inviting spaces that open to a peaceful backyard setting. The chef's kitchen features granite countertops, stainless steel appliances & a breakfast bar, creating a practical & welcoming center of the home. The primary suite overlooks the garden & includes an elegant bath & spacious walk-in closet. Outside, the property offers a large flat grassy yard, pool, spa, fire pit, garden areas, outdoor dining space & a circular driveway w/ ample parking. Gated & private, the setting feels like a coastal retreat while still being close to Point Dume Village, beaches, trails, local markets, restaurants & the everyday conveniences of Malibu living. With approx. 2,774 square feet, 3 bedrooms, 3 bathrooms & a generous lot of approximately 2/3 acre, the property offers the opportunity to enjoy as-is or explore future expansion possibilities. Preliminary design concepts for an expansion & guest house / ADU are available upon request & subject to buyer investigation, permits & applicable approvals. 29260 Sea Lion Place is a special Malibu offering private, relaxed & rooted in the outdoor lifestyle that defines Point Dume.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 5.0 |
| Baths | 3.0 | 4.0 |
| Square foot | 2,744 | 3,173 |
| Lot Size | 29,596 | 32,846 |
| Price | $6.00M | $4.62M |
| Price per sq ft | $2.2K | $1.4K |
| Built year | 1961 | 1976 |
| HOA | $0 | $2.0K |
| Days on market | 15 | 103 |
Jul 7, 2026
$5,995,000
Initial Listing
Jan 6, 2016
$2,855,000
Public Record
Nov 7, 1995
$550,000
Public Record