
Malibu, California 90265
This Spacious Coastal Compound is a Strong Value Opportunity, listed at $3,995,000—positioned well below the $4,490,629 Fair Market Value by 11%. This valuation gap offers $495,629 in Instant Equity for the buyer. Featuring a Condition Rating of 3, the property includes a detached guest house and over 1/2 flat acres, offering significant versatility. Perfectly positioned in Point Dume, this estate balances lifestyle luxury with financial upside, making it an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a prime Malibu sanctuary.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 29328 Heathercliff Road Subject | $3,995,000* List Price | 6 | 6 | 3,685 | $1,219 | - |
A 6900 Dume Drive Sold | $4,819,375 | 4 | 5 | 4,256 | $1,132 | 0.5 mi |
B 5675 Calpine Drive Active | $4,999,000 List Price | 5 | 6 | 3,848 | $1,299 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 1989 and recently updated, the property is well-maintained and move-in ready. While the kitchen features redone countertops and stainless appliances, the presence of older floor tiles and painted cabinetry suggests a partial cosmetic update rather than a full-scale modern renovation, fitting the 5-15 year renovation criteria.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 23892, living area = 3685.
Positioned as the best-priced home in the prestigious Point Dume area, this property offers a rare opportunity to acquire a large, updated estate in a high-demand coastal community at a competitive price point.
The property includes a fully equipped, detached one-bedroom guest house with a private entrance and kitchen, providing excellent potential for rental income or a private multi-generational living arrangement.
Despite its prime Malibu location, the property only offers mountain views, which may be a disadvantage for buyers specifically seeking the quintessential Pacific Ocean vistas common in this price bracket.
Located on Heathercliff Road near the Point Dume Village shopping center, the property may experience higher localized traffic and less seclusion compared to homes located on the deeper residential streets of the Point.
The best-priced home on Point Dume! Located in one of Malibu's most sought-after and iconic communities, this recently updated modern coastal sanctuary offers a rare combination of exceptional size and seamless indoor-outdoor living. Situated on over 1/2 flat acres with a gated entry and surrounded by mature privacy hedges, the private compound includes a five-bedroom main residence, an attached guest home, oversized bonus room/gym, and a sprawling grassy lawn. Upon entry, the main residence features abundant natural light, soaring beamed ceilings, and thoughtfully curated finishes. A comfortable living room with built-ins flows with ease into a large dining room overlooking the backyard, and sliding glass doors lead out onto a sun-drenched patio. The Chef's kitchen boasts redone countertops and a breakfast bar, and an additional area perfect for a breakfast nook or cozy seating. Upstairs, a luxurious primary bedroom offers a private and expansive retreat, complete with a wood-burning fireplace, dual walk-in closets, and an en-suite bathroom with dual vanities and a soaking tub. Four additional bedrooms offer flexible space to suit any needs for family, guests, and home offices. A separate guest home with a private entrance and patio features one bedroom, one bathroom, and a full kitchen, making it an ideal rental opportunity or extended space for visitors. In addition to the two-car garage, an oversized garage provides additional storage and a perfect home gym area, opening to the park-like backyard with raised vegetable garden beds and a shed for added storage. Perfectly positioned in the heart of Point Dume, enjoy easy and convenient access to the shops and restaurants at Point Dume Village, local schools, sandy beaches, and beautiful trails. For those seeking the quintessential coastal lifestyle, this refined offering embodies the casual elegance and sense of space that defines Malibu.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 6.0 | 4.3 |
| Baths | 6.0 | 3.7 |
| Square foot | 3,685 | 2,959.4 |
| Lot Size | 23,892 | 37,912.886 |
| Price | $4.00M | $4.17M |
| Price per sq ft | $1.1K | $1.3K |
| Built year | 1989 | 1977 |
| HOA | $0 | $1.3K |
| Days on market | 26 | 102 |
Aug 14, 2026
$3,995,000
Initial Listing
Jan 31, 2024
$4,750,000
Public Record
May 10, 2016
$2,600,000
Public Record
Apr 8, 2011
$1,650,000
Public Record