29328 Heathercliff Road, Malibu, California 90265, Malibu, 90265 - 6 bed, 6 bath
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Malibu, California 90265
This Contemporary Coastal Residence is listed at $4,495,000, aligning closely with its $4,346,249 Fair Market Value. The property maintains a Condition Rating of 3 following high-end updates to the remodeled chef’s kitchen and primary suite. A standout feature is the separate guest suite currently leased at $4,000/month, providing a consistent income stream that enhances the asset's financial performance. Set on an expansive 0.5-acre lot with a detached gym, this home offers a rare blend of luxury and utility. It is ideal for Owner-Occupants or Multi-generational Families seeking a private Malibu sanctuary with built-in flexibility.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 29328 Heathercliff Road Subject | $4,495,000* List Price | 6 | 6 | 3,685 | $1,179 | - |
A 6900 Dume Drive Sold | $4,819,375 | 4 | 5 | 4,256 | $1,132 | 0.5 mi |
B 28907 Wight Road Active | $5,200,000 List Price | 4 | 4 | 4,260 | $1,221 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
This 1989-built home is in move-in ready condition with significant recent updates to key areas including the kitchen, primary bath, and powder room. The interior features modern wide-plank flooring, vaulted beamed ceilings, and contemporary light fixtures. While the kitchen retains a traditional cabinet profile, it has been refreshed with modern countertops, hardware, and high-end appliances. The property shows minimal wear and tear, though it falls short of 'excellent' as it is not a brand-new construction or a total 'down-to-the-studs' renovation of all original 1980s systems.
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.
The property includes a separate, turnkey 1-bedroom guest suite currently leased at $4,000/month, providing a significant income stream or flexible space for multi-generational living.
Situated on over half an acre, the oversized backyard features a flat grassy lawn, raised garden beds, and a detached gym, offering rare space and privacy for the Malibu area.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 6, other record bedroom count = 4.
The current list price of $4.495M is lower than the previous sale price of $4.75M in early 2024, which may suggest a correction in valuation or a shift in local market demand.
Despite recent interior updates, the 1989 construction may still harbor original systems or secondary rooms that require further investment to meet modern efficiency standards.
Tucked behind private gates, this contemporary coastal residence blends refined indoor-outdoor living with exceptional space and flexibility. At its heart lies a sun-drenched, oversized backyard an expansive grassy lawn perfect for entertaining, play, or future pool plans. Raised vegetable garden beds and a detached storage structure add charm and function, while a separate gym/additional garage that opens to the yard offers the perfect setup for workouts, creative pursuits, or extra storage. The five-bedroom, five-bath main residence is filled with natural light, featuring generous living and family rooms and a large chef's kitchen designed for gathering and connection. The kitchen, primary bath, and powder bath have been recently remodeled, adding modern style and elevated finishes throughout. The luxurious primary suite is a private retreat, featuring a wood-burning fireplace and dual walk-in closets. A separate one-bedroom, one-bath guest suite complete with a full kitchen and private entrance is currently leased at $4,000/month, offering a valuable income stream or a turnkey space for extended family or visitors. Thoughtfully designed for comfort, lifestyle, and future potential, this rare offering is moments from the coast and ideal for those seeking space, privacy, and ease.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 6.0 | 4.0 | 91% |
| Baths | 6.0 | 4.0 | 83% |
| Square foot | 3,685 | 2,752 | 67% |
| Lot Size | 23,892 | 18,758.5 | 55% |
| Price | $4.50M | $3.77M | 58% |
| Price per sq ft | $1.2K | $1.3K | 48% |
| Built year | 1989 | 1979 | 69% |
| HOA | $0 | $0 | 50% |
| Days on market | 27 | 226 | 2% |
Mar 26, 2026
$4,495,000
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