29122 Cliffside Drive, Malibu, California 90265, Malibu, 90265 - 2 bed, 3 bath

29122 Cliffside Drive, Malibu, California 90265 home-pic-0
ACTIVE$28,950,000
29122 Cliffside Drive, Malibu, California 90265
2Beds
3Baths
1,701Sqft
43,228Lot
Year Built
1972
Close
-
List price
$28.95M
Original List price
$28.95M
Price/Sqft
$17,019
HOA
-
Days on market
-
Sold On
-
MLS number
25579819
Home ConditionExcellent
Features
Excellent View: Bluff, Catalina, City Lights, Coastline, Mountain(s), Ocean, Panoramic
Pool
Spa
Patio
ViewBluff,Catalina,City Lights,Coastline,Mountain(s),Ocean,Panoramic

About this home

We found 3 Cons,6 Pros. Rank: price - $28.95M(94th), sqft - 1701(14th), beds - 2(11th), baths - 3(46th).

Located on the front row of the priciest street of Point Dume! This is one the last opportunities to either build your own dream estate - comes with plans by renowned architect Brian Biglin to build 6 bed/6.5 Bath spreading on nearly 7000,sft- or to just move in this cozy, yet completely remodel Retreat offering 2 bed/2.5 bath with the possibility to expend and add sft if desired. Nestled on nearly one acre, this exceptional Point Dume compound boasts sweeping views of the ocean, Catalina Island, and the iconic "Queen's Necklace" sparkling at night. Located behind gates on one of Point Dume's most coveted streets, the property offers unmatched privacy and is one of the rare few with private beach stairs leading directly to the white sands of Dume Cove. opportunity to either build your own dream estate - comes with plans by renowned architect Brian Biglin to build 6 bed/6.5 Bath spreading on nearly 7000 sft- or to just move in this cozy, yet completely remodel Retreat offering 2 bed/2.5 bath with the possibility to expand and add sft if desired. A long driveway and charming garden path lead to the two-story open-concept living with panoramic Views, high ceiling, dining, and kitchen areas are bathed in natural light and flow seamlessly to the backyard, framing the dramatic ocean backdrop. The expansive outdoor spaces are perfect for entertaining, dining under the stars, or even whale watching. The lush front lawn, beautifully landscaped with mature trees, provides the ideal setting for gatherings, lounging, or a children's play area. Behind the gates, a detached two-car garage and generous driveway parking add convenience and security.

Price History

Date
Event
Price
08/20/25
Listing
$28,950,000
10/14/22
Sold
$15,000,000
Condition Rating
Excellent

Despite the original build year of 1972, the listing explicitly states the property is a 'completely remodel Retreat.' The provided image strongly supports this, showcasing a stunning, modern, and high-end renovation. The visible exterior and interior (including what appears to be a contemporary kitchen area) feature sleek designs, premium materials, and state-of-the-art finishes, indicating all components are new or virtually new and meet current luxury standards. There is no visible deferred maintenance or physical depreciation, aligning perfectly with an 'excellent' condition score for a recently and extensively renovated property.
Pros & Cons

Pros

High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 43228, living area = 1701.
Prime Location & Exclusivity: Situated on the 'front row of the priciest street of Point Dume,' this gated property offers unmatched privacy and prestige in one of Malibu's most coveted areas.
Unparalleled Panoramic Views: Boasts sweeping panoramic views of the Pacific Ocean, Catalina Island, and the iconic 'Queen's Necklace' city lights, enhancing its luxury appeal.
Significant Development Potential: Includes plans by renowned architect Brian Biglin for a 6 bed/6.5 bath, nearly 7000 sqft dream estate, offering a rare opportunity for custom development.
Private Beach Access: One of the rare properties featuring private beach stairs leading directly to the white sands of Dume Cove, a highly sought-after luxury amenity.
Expansive Lot & Outdoor Living: Nestled on nearly one acre with lush, landscaped grounds, offering expansive outdoor spaces perfect for entertaining, dining, and whale watching.

Cons

Current Home Size vs. Price: The existing 'cozy' 2 bed/2.5 bath, 1701 sqft retreat is relatively small for a nearly $29 million property, indicating the value is primarily in the land and development potential.
Substantial Additional Investment Required: Achieving the property's full potential as a 7000 sqft dream estate necessitates significant additional construction costs and time beyond the purchase price.
Original Construction Age: While the current retreat is 'completely remodeled,' the original structure dates back to 1972, which may imply underlying older infrastructure or specific considerations for a large-scale new build.

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