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29135 Cliffside Drive, Malibu, CA 90265

$9.95M3bd · 3ba
Lot 52,455 sqft•Single Family Residence•
Active
•69d on market•MLS# 00-26869539

Property Description

Set on approximately 1.21 acres in the heart of Point Dume, this three-bedroom, three-bath single-story ocean-view residence is undergoing an extensive permitted remodel, currently at the foundation and framing stage. The gently sloping lot offers notably more usable land than most parcels in the area, a short distance to Big Dume Beach and the Point Dume Headlands Natural Reserve. Full renderings are available. Two ways to arrive. Take delivery of a completed residence, finished per the approved permit set and the accompanying interior design. Or come in now, at framing, and select your own finishes, fixtures, stone and millwork. Buyer to independently investigate and verify all development potential, including septic capacity and all required City and Coastal approvals; seller makes no representation as to approvals, timing or feasibility, and no design, permitting or construction of any additional residence is included in this sale. All images portrayed in the renderings are not necessarily included in the final purchase.

Features & Amenities

FeeBuilt 1954

Property Details

Land Type
Fee
Year Built
1954
Property Type
Residential
Property Subtype
Single Family Residence
Heating
Forced Air
View
Ocean
Flooring
Wood
Roof
Metal
City
Malibu
Zip Code
90265
County
Los Angeles
Listed bySotheby's International Realty, Cormac O'Herlihy

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$50,312.61
Principal & Interest
Loan Amount
$7,960,000
Total Interest
$10,152,541
Total Payment Over 30 Years
$18,112,541
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

29135 Cliffside Drive, Malibu, CA 90265

Malibu · Single Family Residence

$9.95M
Luxury Tier
Beds
3
Baths
3
Sqft
0
Lot
1.20 ac
Year
1954
$/Sqft
$0
Pool: Yes✓
Spa: No✓
View: Ocean✓

Listed 7.1% below the median closed sale of $10,712,000. Closed comps sold at 94% of list — buyers have negotiating leverage. Luxury tier — fewer comparable sales widen the confidence range.

Price Position

Priced below the market — value advantage over the field.

Price advantage
Subject listed at $9.95M
Total list price
Closed comps
vs closed median $10.71M
−$762K (−7.1%)
Active comps
vs active median $9.49M
+$462K (+4.9%)
Price per sqft
Closed compsinsufficient comp data
Active compsinsufficient comp data

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
7015 Grasswood AvenueMalibu2001676,77752,853$1,601$10.85M6169
29035 Cliffside DriveMalibu1985545,78728,342$1,640$9.49M9366
6749 Zumirez DriveMalibu1958432,47973,743$3,429$8.50M12863
6509 Wandermere RoadMalibu1964464,45343,217$1,908$8.49M13362
29821 Pacific Coast HighwayMalibu2007344,21569,853$2,371$9.99M24556
Total: 5 · Average4.44.84,742.253,601.6$2,189.8$9.47M132
Median4,453$9.49M

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
6709 Zumirez DriveMalibu—06/25/2025353,58045,194$12.50M$10.98M$3,0670.885762
6172 Bonsall DriveMalibu194910/29/2025445,26168,031$10.95M$10.75M$2,0430.984358
6530 Zuma View PlaceMalibu202010/15/2025454,85044,518$11.57M$10.71M$2,2090.939956
6509 Wandermere RoadMalibu196405/02/2025564,45343,217$8.99M$9.25M$2,0771.0310956
6110 Merritt DriveMalibu199207/21/20265910,33162,159$9.99M$8.70M$8420.8714051
Total: 5 · Average4.25.85,69552,623.8$10.08M$10.08M$2,047.6—89.6
Median4,850$10.71M$10.71M

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.