26869749_d0b9c39b-6fb2-43ae-aa05-075aa0f
1 / 21

29029 Cliffside Drive, Malibu, CA 90265

$6.50M4bd · 3ba · 2,282 sqft
Lot 49,350 sqft•Single Family Residence•
Active
•68d on market•MLS# 00-26869749

Property Description

Beach Key to RIVIERA 3 and first time on the market in over 60 years! This exceptional Point Dume property presents a rare opportunity to create a world-class Malibu estate on one of the neighborhood's most coveted streets. Set on approximately 1.13 acres of lush, verdant grounds, the property sits along prestigious Cliffside Drive, a location known for commanding some of Malibu's highest estate prices. The property offers ocean views from the main level, with the potential for a future second story that could capture even more expansive ocean views. An original single-level ranch-style home currently sits on the site. While the interior has been taken down to the studs, the structure retains its classic charm and is surrounded by mature landscaping that frames both the welcoming entry yard and expansive rear grounds. Whether thoughtfully restored or reimagined as a new estate, this property represents a remarkable opportunity to secure a premier Cliffside Drive address in one of Malibu's most sought-after coastal neighborhoods. Opportunities of this scale, location, and view potential rarely come to market at this price point.

Features & Amenities

FeeBuilt 1951

Property Details

Land Type
Fee
Year Built
1951
Property Type
Residential
Property Subtype
Single Family Residence
View
City Lights, Coastline, Hills, Mountain(s), Ocean
City
Malibu
Zip Code
90265
County
Los Angeles
Listed byChristie's International Real Estate SoCal, Weston Littlefield

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$32,842.25
Principal & Interest
Loan Amount
$5,196,000
Total Interest
$6,627,212
Total Payment Over 30 Years
$11,823,212
This calculator provides estimates only. Actual mortgage payments may include taxes, insurance, HOA fees, and PMI. Contact a lender for accurate quotes.

Comparative Market Analysis

Luxury Tier · 5 active · 5 closed

29029 Cliffside Drive, Malibu, CA 90265

Malibu · Single Family Residence

$6.50M
Luxury Tier
Beds
4
Baths
3
Sqft
2,282
Lot
1.13 ac
Year
1951
$/Sqft
$2846
Pool: No✓
Spa: No✓
View: city✓

Listed 116.5% above the median closed sale of $3,000,000. Price per sqft ($2,846) is a 113% premium to closed comps ($1,338). Luxury tier — fewer comparable sales widen the confidence range.

Price Position

Positioned above the market — commands a premium.

Premium
Subject listed at $6.50M· $2,846/sqft
Total list price
Closed comps
vs closed median $3.00M
+$3.50M (+116.5%)
Active comps
vs active median $3.95M
+$2.54M (+64.4%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $1,933
+$913 (+47.3%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
23813 Harbor Vista DriveMalibu1956322,01728,176$1,958$3.95M4573
27058 Sea Vista DriveMalibu1963331,96826,296$2,668$5.25M10373
11770 Pacific Coast HighwayMalibu1970341,7188,520$2,066$3.55M8568
3065 S Foose RoadMalibu2024442,20042,110$795$1.75M17763
6316 Busch DriveMalibu1950321,97458,827$2,176$4.29M5961
Total: 5 · Average3.23.01,975.432,785.8$1,932.6$3.76M93.8
Median1,974$3.95M

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
5660 Busch DriveMalibu202010/09/2026321,80045,621$3.10M$3.51M$1,9501.134476
27008 Old Chimney RoadMalibu202108/07/2026432,57714,388$3.19M$3.00M$1,1640.9411468
24728 Vantage Point TerraceMalibu197807/31/2026332,33912,511$3.75M$3.52M$1,5070.9414968
26232 Idlewild WayMalibu198708/21/2026331,9489,835$1.79M$1.76M$9030.9812164
3800 Latigo Canyon RoadMalibu197909/23/2026442,40095,902$2.90M$2.80M$1,1670.976863
Total: 5 · Average3.43.02,212.835,651.4$2.92M$2.92M$1,338.2—99.2
Median2,339$3.00M$3.00M

Market Analysis

List vs Sale $/SqFt

Sale Price Trend

Days on Market

Sale vs List Price

AI-generated CMA

This analysis was generated automatically from MLS data. For an in-depth, human-reviewed valuation, contact Joseph Sardella at josephsardella@gmail.com.