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Lot/land
  • $5,995,000

    29359 Bluewater Rd, Malibu, CA 90265

    --beds
    --baths
    1.21Acres
    Unimproved Land
    Built in ----
    1.21 Acres Lot
    $-- Zestimate®
    $--/sqft
    $-- HOA

    What's special

    29359 Bluewater Drive, MalibuA Rare Ready-to-Build New Construction Opportunity on Point Dume. An exceptional opportunity to create a truly distinctive new Malibu residence in the coveted Point Dume community. With plans and permits in place and the lengthy permitting and entitlement process already addressed, this property offers the rare ability to move directly toward construction and bring your vision to life. Set against a spectacular coastal backdrop, 29359 Bluewater Drive captures gorgeous ocean and mountain views, creating an extraordinary setting for a sophisticated new residence. Thoughtfully designed to embrace the surrounding landscape, the proposed home offers a strong foundation for a luxurious contemporary retreat while leaving room for the next owner to add their own finishing touches and personal style. This is the opportunity Malibu buyers dream of; new construction, exceptional views, beach proximity, and the freedom to create a home that feels entirely your own without starting from scratch or navigating a lengthy permitting process. Located in the highly desirable Point Dume enclave on one of the most coveted streets, the property offers an unparalleled coastal lifestyle. Enjoy the convenience of being within walking distance of the beach, with ocean breezes, morning walks along the sand, dramatic sunsets, and the natural beauty that makes Point Dume one of Malibu's most exclusive and desirable communities. For the discerning buyer seeking something truly special, the value extends beyond the property itself. Rarely does a ready-to-build opportunity of this caliber become available in Point Dume. Combining new construction, panoramic ocean and mountain views, beach access, privacy, and the ability to add your own signature to the final residence, 29359 Bluewater Drive is a one-of-a-kind opportunity to create your own Malibu legacy.
    27 days
    455
    13

    Zillow last checked:

    Listing updated:

    Listed by:

    Glen Steele DRE # 01480449 310-663-2157,

    Coldwell Banker Realty 310-457-6550,

    Alyssa Higgins DRE # 02245733 310-909-4488,

    Coldwell Banker Realty

    Source: CLAW,MLS#: 26873015MLS Logo

      Facts & features

      Property

      Features
      • Has view: Yes
      • View description: Ocean
      • Has water view: Yes
      • Water view: Ocean
      Lot
      • Size: 1.21 Acres
      • Dimensions: 104 x 510
      Details
      • Parcel number: 4468006013
      • Zoning: LCRA1*
      • Special conditions: Standard

      Community & HOA

      Location
      • Region: Malibu

      Financial & listing details

      • Tax assessed value: $2,024,664
      • Date on market: 8/19/2026

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        8/19/2026Listed for sale$5,995,000+230.3%
        Source: CLAW #26873015 Report a problem
        6/3/2019Sold$1,815,000-19.3%
        Source: CLAW #19448258 Report a problem
        4/23/2019Pending sale$2,250,000
        Source: Sotheby's International Realty - Malibu - Point Dume Brokerage #19-448258 Report a problem
        4/11/2019Price change$2,250,000-15.1%
        Source: Sotheby's International Realty - Malibu - Point Dume Brokerage #19-448258 Report a problem
        4/3/2019Pending sale$2,650,000
        Source: Sotheby's International Realty - Malibu - Point Dume Brokerage #19-448258 Report a problem
        3/27/2019Listed for sale$2,650,000
        Source: Sotheby's International Realty #19448258 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2026-- $2,024,664 +2%
        2025$24,807 -6%$1,984,965 +2%
        2024$26,400 +16%$1,946,045 +2%
        2023$22,758 +1.4%$1,907,888 +2%
        2022$22,437 +2.4%$1,870,479 +2%
        2021$21,914 +0.5%$1,833,803 +1%
        2020$21,808 $1,815,000 +1775.4%
        2019$21,808 +1413.5%$96,781 -47.9%
        2018$1,441 -40.5%$185,692 +2%
        2017$2,420 +0.4%$182,052 +2%
        2016$2,411 +4%$178,483 +1.5%
        2015$2,319 +1%$175,803 +2%
        2014$2,297 $172,361 +2.5%
        2012-- $168,219 +2%
        2011-- $164,922 +0.8%
        2010-- $163,690 -0.2%
        2009-- $164,080 +2%
        2008-- $160,863 +2%
        2007-- $157,709 +2%
        2006-- $154,618
        2005-- $154,618 +4%
        2004-- $148,615 +1.9%
        2003-- $145,892 +2%
        2002-- $143,032 +4%
        2000-- $137,479
        Find assessor info on the county website

        Monthly payment

        Estimated monthly payment$1,822
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: Point Dume

        Getting around

        14 / 100
        Car-Dependent
        7 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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