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29329 Bluewater Road, Malibu, CA 90265

$12.45M4bd · 5ba · 4,800 sqft
Lot 48,482 sqft•Single Family Residence•
Active
•47d on market•MLS# 00-26905657

Property Description

The Bluewater Estate. Point Dume is the epicenter of the ultimate Malibu lifestyle. Home to some of the best surfing, hiking, biking and family beach culture in the country, this is where artists, creatives and titans of industry come to build families and memories that will last an eternity. Just blocks from legendary surf breaks, Point Dume Village, and some of Malibu's most beautiful beaches, life here is equal parts freedom, privacy and effortless sophistication. Close to Malibu Elementary, one of the most funded public schools in the nation, and Malibu High with it's $200M renovation. Set on over an acre with panoramic ocean and mountain views, 29329 Bluewater Road captures everything that makes Point Dume so special. Spanning approximately 4,800 square feet with 4 bedrooms and 4.5 baths, the residence blends natural materials, warm textures and refined architecture with an easy indoor-outdoor flow. Organic finishes like Travertine stone, fine oak cabinetry, and Ipe wood create a sophisticated yet relaxed atmosphere throughout the home. Generous living spaces open to expansive decks, bringing the Pacific and surrounding mountains into view from nearly every angle. Outside, the property is built for the way Malibu is meant to be lived. Long lunches in the sun. Sunset dinners beneath the gazebo. Boards by the door. Ocean air moving through the house. More than an acre of land creates rare privacy and breathing room, while the setting keeps you connected to the best of Point Dume. This is the kind of Malibu home that is becoming harder and harder to find. Beautifully designed, private, soulful and completely in tune with the coast.

Features & Amenities

FeeBuilt 2026

Property Details

Land Type
Fee
Year Built
2026
Property Type
Residential
Property Subtype
Single Family Residence
Heating
Central
Cooling
Central Air
View
Coastline, Mountain(s), Ocean
City
Malibu
Zip Code
90265
County
Los Angeles
Listed byUnknown Office, Trevor Wright

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$62,953.98
Principal & Interest
Loan Amount
$9,960,000
Total Interest
$12,703,431
Total Payment Over 30 Years
$22,663,431
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

29329 Bluewater Road, Malibu, CA 90265

Malibu · Single Family Residence

$12.45M
Luxury Tier
Beds
4
Baths
5
Sqft
4,800
Lot
1.11 ac
Year
2026
$/Sqft
$2594
Pool: Yes✓
Spa: Yes✓
View: mountain✓

Listed 126.4% above the median closed sale of $5,500,000. Price per sqft ($2,594) is a 141% premium to closed comps ($1,077). Closed comps sold at 92% of list — buyers have negotiating leverage. Expect a longer timeline — comps averaged 126 days on market. Luxury tier — fewer comparable sales widen the confidence range.

Price Position

Positioned above the market — commands a premium.

Premium
Subject listed at $12.45M· $2,594/sqft
Total list price
Closed comps
vs closed median $5.50M
+$6.95M (+126.4%)
Active comps
vs active median $6.50M
+$5.95M (+91.5%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $1,597
+$997 (+62.5%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
6315 Gayton PlaceMalibu1979454,61257,103$1,409$6.50M5390
30612 La Sonora DriveMalibu2025444,20127,391$1,143$4.80M9582
28525 Newton Canyon RoadMalibu2023454,700350,332$850$4.00M11473
6509 Wandermere RoadMalibu1964464,45343,217$1,908$8.49M11672
23449 Malibu Colony RoadMalibu1975564,39510,874$2,673$11.75M8270
Total: 5 · Average4.25.24,472.297,783.4$1,596.6$7.11M92
Median4,453$6.50M

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
6080 Merritt DriveMalibu198905/22/2026564,23743,899$4.29M$3.83M$9030.8918185
27860 Winding WayMalibu197606/05/2026454,73346,167$8.25M$7.65M$1,6160.939775
29660 Harvester RoadMalibu197905/14/2026564,89894,042$6.00M$6.00M$1,2241.0012167
5932 Busch DriveMalibu202309/21/2026455,15085,827$6.00M$5.50M$1,0680.9219259
28935 Beach LaneMalibu200509/18/2026444,43712,883$2.99M$2.55M$5750.853758
Total: 5 · Average4.45.24,69156,563.6$5.10M$5.10M$1,077.2—125.6
Median4,733$5.50M$5.50M

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.