29328 Heathercliff Road, Malibu, California 90265, Malibu, 90265 - 6 bed, 6 bath
29328 Heathercliff Road
Malibu, California 90265
Property Price
SUMMARY
Analysis of 29328 Heathercliff Road, Malibu, California 90265 reveals a Prime Investment Opportunity with a current list price of $4,495,000—significantly undercutting the $4,693,334 Fair Market Value by 4%. This valuation gap indicates a +$198,334 Instant Equity potential for buyers. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. Located in a high-demand neighborhood within the Malibu Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Estimated Market Value
Comparable Sales Map
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 | $1,274 | - |
A 6900 Dume Drive Active Under Contract | $5,325,000 List Price | 4 | 5 | 4,256 | $1,251 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is moderate renovation needed.
While many areas of the property, including the guest suite, secondary bathrooms, flooring, and paint, have been recently updated to a modern aesthetic, the main kitchen and primary bathroom retain significantly outdated finishes. The main kitchen features small tile countertops and backsplash, and the primary bathroom has similar dated tile work, which would require substantial renovation to meet current luxury standards. The property's built year (1989) also places it within the 'Fair' category, as it shows a mix of recent cosmetic updates and original/older components that are functional but clearly outdated.
PROSSTRENGTHS & OPPORTUNITIES
- High Available Lot Utilization
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.
- Prime Coastal Location & Privacy
Situated in highly desirable Malibu, the property offers exceptional privacy behind gates and is moments from the coast, providing an exclusive lifestyle.
- Income-Generating Guest Suite
A separate one-bedroom, one-bath guest suite with a full kitchen and private entrance currently generates $4,000/month, offering a valuable income stream or flexible living arrangements.
CONSRISKS & DEFICIENCIES
- Property Age & Potential System Updates
Built in 1989, the property may require updates to major systems (e.g., HVAC, plumbing, electrical) or further modernization to align with current luxury standards, as extensive recent renovations are not explicitly detailed.
- Unspecified View Quality
While 'has_view: true' is indicated, the description lacks specific details about the type or quality of the view (e.g., panoramic ocean views), which can be a critical value driver in the Malibu market.
- High Maintenance for Large Lot
The expansive 23,892 sqft lot with a large grassy lawn and garden beds suggests potentially significant ongoing landscaping and water maintenance costs, particularly in a coastal California climate.
About 29328 Heathercliff Road
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 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.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1989
- Lot Size
- 23,892 Sq. Ft.
Interior
- Total Bedrooms
- 6
- Total Bathrooms
- 6 (6 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 6.0 | 4.0 | 90% |
| Baths | 6.0 | 4.0 | 84% |
| Square foot | 3,685 | 2,981 | 66% |
| Lot Size | 23,892 | 18,369 | 57% |
| Price | $4.50M | $4.00M | 57% |
| Price per sq ft | $1.2K | $1.3K | 42% |
| Built year | 1989 | 1978 | 69% |
| HOA | $0 | $0 | 50% |
| Days on market | 52 | 220 | 1% |
Pricing History
Listed for Sale
Jan 13, 2026
$4,495,000
Initial Listing
Sold
Jan 31, 2024
$4,750,000
Public Record
Sold
May 10, 2016
$2,600,000
Public Record
Sold
Apr 8, 2011
$1,650,000
Public Record