Irreplaceable. Generational. First time on market in over 25 years.
This property presents the TRIFECTA that Malibu buyers spend decades searching for, breathtaking unobstructed PANORAMIC Pacific Ocean views from every room, a gently rolling down FULLY USABLE 29,335 sq ft lot, and STEPS-away, proximity to the beaches of Point Dume where the sound of waves carries across the land. At this price point, this combination is unrivaled.
3 bed / 3 bath in the heart of Point Dume. A home with original character, exposed beamed ceilings, exquisite wood finishes, and old Malibu soul that cannot be replicated
Per Malibu coastal development standards, the lot supports approximately 5,500+ sq ft of above-grade living, plus 1,000 sq ft basement and 1,000 sq ft subterranean garage not counted toward TDSF (buyer to verify with City of Malibu and coastal authorities).
When panoramic ocean views, flat usable land, and beach proximity come together in Point Dume, Malibu you are in $20M+ territory. This is the exception.
For sale
Listed by: Park Place Properties Inc • Yervant Hadjian • 818-292-4248
$7,495,000
29451 Bluewater Rd, Malibu, CA 90265
3beds
2,511sqft
Single Family Residence
Built in 1951
0.67 Acres Lot
$7,394,300 Zestimate®
$2,985/sqft
$-- HOA
What's special
- 8 days
- 591
- 30
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
Yervant Hadjian DRE #02132231 818-292-4248,
Park Place Properties Inc
Source: CRMLS,MLS#: GD26225780
Originating MLS: California Regional MLS
Originating MLS: California Regional MLSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 4
- Full bathrooms: 3
- 1/2 bathrooms: 1
- Main level bathrooms: 2
- Main level bedrooms: 1
Rooms
- Room types: Den, Entry/Foyer, Family Room, Game Room, Guest Quarters, Great Room, Kitchen, Laundry, Living Room, Primary Bathroom, Primary Bedroom, Other
Primary bedroom
- Features: Primary Suite
Other
- Features: Walk-In Closet(s)
Heating
- Central, Fireplace(s)
Cooling
- Central Air
Appliances
- Included: 6 Burner Stove, Electric Oven, Hot Water Circulator, Indoor Grill
- Laundry: Gas Dryer Hookup, Inside, Laundry Room
Features
- Beamed Ceilings, Balcony, In-Law Floorplan, Living Room Deck Attached, Multiple Staircases, Open Floorplan, Recessed Lighting, Primary Suite, Walk-In Closet(s)
- Flooring: Stone, Wood
- Has fireplace: Yes
- Fireplace features: Gas, Living Room
- Common walls with other units/homes: No Common Walls
Interior area
- Total interior livable area: 2,511 sqft
Property
Features
- Levels: Two
- Stories: 2
- Entry location: 1st floor
- Pool features: None
- Has view: Yes
- View description: Catalina, City Lights, Coastline, Canyon, Mountain(s), Ocean, Panoramic, Water
- Has water view: Yes
- Water view: Coastline,Ocean,Water
Lot
- Size: 0.67 Acres
- Features: 0-1 Unit/Acre, Front Yard
Details
- Parcel number: 4468006002
- Special conditions: Standard,Trust
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Condition
- New construction: No
- Year built: 1951
Utilities & green energy
- Sewer: Septic Type Unknown
- Water: Public
Community & HOA
Community
- Features: Rural, Urban
Location
- Region: Malibu
Financial & listing details
- Price per square foot: $2,985/sqft
- Tax assessed value: $1,897,105
- Date on market: 11/6/2026
- Cumulative days on market: 8 days
- Listing terms: Conventional
Estimated market value
$7,394,300
$7.02M - $7.76M
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 11/7/2026 | Listed for sale | $7,495,000+499.6%$2,985/sqft |
Source:  CRMLS #GD26225780 Report a problem | ||
| 2/16/2026 | Listing removed | $10,995$4/sqft |
Source: Zillow Rentals Report a problem | ||
| 2/8/2026 | Price change | $10,995-8.3%$4/sqft |
Source: Zillow Rentals Report a problem | ||
| 1/13/2026 | Price change | $11,995-7.7%$5/sqft |
Source: Zillow Rentals Report a problem | ||
| 12/14/2025 | Price change | $12,995-7.1%$5/sqft |
Source: Zillow Rentals Report a problem | ||
| 11/29/2025 | Price change | $13,995-17.7%$6/sqft |
Source: Zillow Rentals Report a problem | ||
| 11/27/2025 | Price change | $16,995-5.6%$7/sqft |
Source: Zillow Rentals Report a problem | ||
| 10/26/2025 | Price change | $17,995-5.3%$7/sqft |
Source: Zillow Rentals Report a problem | ||
| 10/5/2025 | Listed for rent | $18,995+5.6%$8/sqft |
Source: Zillow Rentals Report a problem | ||
| 3/15/2024 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 2/9/2024 | Listed for rent | $17,995+20%$7/sqft |
Source: Zillow Rentals Report a problem | ||
| 12/14/2023 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 11/28/2023 | Price change | $14,995-6.3%$6/sqft |
Source: Zillow Rentals Report a problem | ||
| 11/21/2023 | Listed for rent | $16,000-3%$6/sqft |
Source: Zillow Rentals Report a problem | ||
| 11/11/2023 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 10/21/2023 | Listed for rent | $16,499-5.7%$7/sqft |
Source: Zillow Rentals Report a problem | ||
| 6/21/2023 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 5/17/2023 | Price change | $17,500-2.8%$7/sqft |
Source: Zillow Rentals Report a problem | ||
| 5/3/2023 | Price change | $18,000-10%$7/sqft |
Source: Zillow Rentals Report a problem | ||
| 4/17/2023 | Listed for rent | $20,000$8/sqft |
Source: Zillow Rentals Report a problem | ||
| 2/26/2023 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 11/1/2022 | Price change | $20,000-20%$8/sqft |
Source: Zillow Rental Manager Report a problem | ||
| 10/10/2022 | Listed for rent | $25,000+66.7%$10/sqft |
Source: Zillow Rental Manager Report a problem | ||
| 2/24/2021 | Listing removed | -- |
Source: Owner Report a problem | ||
| 5/14/2020 | Listing removed | $14,995$6/sqft |
Source: Owner Report a problem | ||
| 2/11/2002 | Sold | $1,250,000$498/sqft |
Source: Public Record Report a problem | ||
| 10/26/2000 | Sold | $1,250,000$498/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2026 | -- | $1,897,105 +2% |
| 2025 | $23,745 +8.5% | $1,859,908 +2% |
| 2024 | $21,894 +2% | $1,823,440 +2% |
| 2023 | $21,456 +1.4% | $1,787,687 +2% |
| 2022 | $21,149 +2.5% | $1,752,635 +2% |
| 2021 | $20,638 +0.6% | $1,718,270 +1% |
| 2020 | $20,520 | $1,700,652 +5.1% |
| 2019 | $20,520 +10.9% | $1,618,297 -1% |
| 2018 | $18,510 -3.5% | $1,634,615 +2% |
| 2017 | $19,188 +0.5% | $1,602,565 +2% |
| 2016 | $19,100 +3.4% | $1,571,143 +1.5% |
| 2015 | $18,477 +2.8% | $1,547,544 +2% |
| 2014 | $17,976 | $1,517,230 +2.5% |
| 2012 | -- | $1,480,760 +2% |
| 2011 | -- | $1,451,726 +0.8% |
| 2010 | -- | $1,440,877 -0.2% |
| 2009 | -- | $1,444,301 +2% |
| 2008 | -- | $1,415,983 +2% |
| 2007 | -- | $1,388,220 +2% |
| 2006 | -- | $1,361,001 |
| 2005 | -- | $1,361,001 +4% |
| 2004 | -- | $1,308,154 +1.9% |
| 2003 | -- | $1,284,180 +0.7% |
| 2002 | -- | $1,275,000 +194.6% |
| 2000 | -- | $432,855 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: Point Dume
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