29458 Bluewater Rd, Malibu, CA 90265

5 beds5 baths4,552 sqft

For Sale

My Notes

Panoramic views of the Channel Islands, Boney Ridge and Santa Monica mountains from this magical Point Dume residence and guest house located on 200 feet of street frontage. Sited on one of the best locations on the Point for spectacular whitewater, coastline and sunset views, the gated main home features three bedrooms and an office with the master bedroom suite situated on the entire upper level including a bonus room for baby/gym and extraordinary ocean views. The recently built one bedroom guest house has its own gated entrance, a patio, stone finishes, cement floors, a great room with cathedral ceilings and an enormous picture window framing the ocean views. There is one interior bath and one exterior steam bathroom. The grounds are lushly landscaped with beautiful flowers, privacy hedges and parking for 10 cars. The Point Dume headlands and Zuma beach are beckoning! The sale includes remodeling plans for the main home and a pool by renowned architect James Henry Eserts, AIA. 

What I love about the home

Extraordinary location and views on Point Dume. This property is perfectly perched on the lot to capture coastline and sunset views. The home has large rooms, beautiful wood ceilings, and windows to capture the incomparable ocean views. Close access to Big Dume, Westward and Zuma Beaches. The neighborhood is perfect for running, cycling and walking. The detached guest home is state of the art with cement floors and stone counter tops. This home has had the same owner since 1988 and is looking for the next lucky owner.
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  • Lot: 0.68 acres
  • Single Family
  • Built in 1959
  • 166 days on Zillow
  • Views: 21,753 all time views
  • 80 shoppers saved this home
  • Cooling: Other
  • Last sold: Oct 1992 for $488,000


  • Fireplace
  • Flooring: Carpet, Concrete, Hardwood, Tile
  • Garden
  • Gated Entry
  • Lawn
  • Mother-in-Law
  • Parking: Garage - Attached, 8 spaces
  • Patio
  • Sprinkler System
  • View: Mountain, Water
  • Wet Bar

Additional Features

  • Listing Status \ Active, CARETS Listing Status \ Active, Lot Size Source \ Public Records, System Locale \ CARETS, Possession \ CloseOfEscrow, Common Walls \ Detached\No Common Walls, Spa Descriptions \ None, Rooms \ LivingRoom, Pool Descriptions \ No Pool, Sewer \ Septic Tank, Eating Areas \ Breakfast Counter \ Bar, Lot Description \ Horse Property, Heating Type \ Central Furnace, Legal Disclosures \ CommissionToBuyerAgent (N), Legal Disclosures \ Take Property As Is (N), Playing Courts \ None (N), Lot Location \ None (N), Interior Features \ Bar, View \ Ocean View, Association Amenities \ None (N), Legal Disclosures \ Coastal Commission Restrictions, View \ Coastline View, Parking Type \ Garage - Two Door (N), Parking Features \ Driveway - Gravel, Security Safety \ Automatic Gate, Square Footage Source \ Plans (N), Appliances \ Bar Ice Maker, Parking Features \ Driveway - Brick, ListingAgreement \ Exclusive Right To Sell\Lease, Rooms \ Master Bedroom, SpecialConditions \ Standard Sale, Garage Spaces Total \ 2.0, Eating Areas \ Breakfast Area

Appliances Included

  • Dishwasher
  • Dryer
  • Refrigerator

Room Types

  • Dining room
  • Family room
  • Library
  • Office
  • Walk-in closet


  • Exterior material: Stucco
  • Room count: 11
  • Stories: 2
  • Unit count: 1


  • Floor size: 4,552 sqft
  • Last remodel year: 1965
  • Laundry: In Unit
  • Lot depth: 150
  • Lot width: 200
  • Parcel #: 4468005009
  • Zillow Home ID: 20556603

Zestimate Details

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+$178,004 Last 30 days
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The Rent Range is the high and low estimate for which an apartment or home could rent. The more information we have, the smaller the range, and the more accurate the Rent Zestimate. See data coverage and accuracy table
+$2,740 Last 30 days
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Comparable Homes

Homes like this sold for $3.28-11.0M.


Popularity on Zillow

Trending! This home is one of the top 10% most visited in the neighborhood this week.
20,799 views since listing
21,753 all-time (chart)
80 shoppers saved
this home to their list of favorites



Market guide

Zillow predicts 90265 home values will increase 3.7% next year, compared to a 3.9% increase for Malibu as a whole. Among 90265 homes, this home is 103.1% more expensive than the midpoint (median) home, and is priced 10.4% more per square foot.

Foreclosures will be a factor impacting home values in the next several years. In 90265, the number of foreclosures waiting to be sold is 19.9% less than in Malibu, and 11.4% greater than the national average. This lower local number could help 90265 home values rise more quickly than other regions in Malibu.

Learn more about forecast calculations or 90265 home values.
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