
29329 Bluewater Road, Malibu, CA 90265
29329 Bluewater Road, Malibu, CA 90265
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
Property Details
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Current Rates
Comparative Market Analysis
Luxury Tier · 5 active · 5 closed
Malibu · Single Family Residence
Listed 13.4% above the median closed sale of $10,979,100. Closed comps sold at 90% of list — buyers have negotiating leverage. Luxury tier — fewer comparable sales widen the confidence range.
Price Position
Positioned above the market — commands a premium.
Active Properties (5)
Active Comparables
| Address | City | Year | BD | BTH | SqFt | LotSz | LP/SqFt | LP | DIM | Score |
|---|---|---|---|---|---|---|---|---|---|---|
| 29225 Cliffside Drive | Malibu | 1975 | 4 | 4 | 3,700 | 46,995 | $3,649 | $13.50M | 44 | 74 |
| 7015 Grasswood Avenue | Malibu | 2001 | 6 | 7 | 6,777 | 52,853 | $1,601 | $10.85M | 61 | 65 |
| 7310 Birdview Avenue | Malibu | 1980 | 5 | 6 | 0 | 29,834 | $0 | $11.99M | 5 | 65 |
| 7335 Birdview Avenue | Malibu | 2004 | 5 | 7 | 6,957 | 19,840 | $1,653 | $11.50M | 49 | 56 |
| 29057 Pacific Coast Highway Highway | Malibu | 1953 | 11 | 9 | 7,000 | 275,105 | $1,779 | $12.45M | 22 | 53 |
| Total: 5 · Average | 6.2 | 6.6 | 6,108.5 | 84,925.4 | $2,170.5 | $12.06M | 36.2 | |||
| Median | 6,957 | $11.99M | ||||||||
Closed Properties (5)
Closed Comparables
| Address | City | Year | Date | BD | BTH | SqFt | LotSz | LP | SP | SP/SqFt | SP/LP | DIM | Score |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 6530 Zuma View Place | Malibu | 2020 | 10/15/2025 | 4 | 5 | 4,850 | 44,518 | $11.57M | $10.71M | $2,209 | 0.93 | 99 | 83 |
| 6709 Zumirez Drive | Malibu | — | 06/25/2025 | 3 | 5 | 3,580 | 45,194 | $12.50M | $10.98M | $3,067 | 0.88 | 57 | 77 |
| 6172 Bonsall Drive | Malibu | 1949 | 10/29/2025 | 4 | 4 | 5,261 | 68,031 | $10.95M | $10.75M | $2,043 | 0.98 | 43 | 76 |
| 29200 Larkspur Lane | Malibu | 2026 | 05/05/2026 | 6 | 7 | 6,375 | 69,326 | $16.49M | $14.00M | $2,196 | 0.85 | 46 | 61 |
| 31202 Broad Beach Road | Malibu | — | 10/09/2026 | 5 | 5 | 3,025 | 21,790 | $15.20M | $13.50M | $4,463 | 0.89 | 165 | 38 |
| Total: 5 · Average | 4.4 | 5.2 | 4,618.2 | 49,771.8 | $11.99M | $11.99M | $2,795.6 | — | 82 | ||||
| Median | 4,850 | $10.98M | $10.98M | ||||||||||
Market Analysis
List vs Sale $/SqFt
Sale Price Trend
Days on Market
Sale vs List Price
This analysis was generated automatically from MLS data. For an in-depth, human-reviewed valuation, contact Joseph Sardella at josephsardella@gmail.com.