29328 Heathercliff Road, Malibu, California 90265, Malibu, 90265 - 6 bed, 6 bath

29328 Heathercliff Road, Malibu, California 90265 home-pic-0
ACTIVE$4,595,000
29328 Heathercliff Road, Malibu, California 90265
6Beds
6Baths
3,685Sqft
23,892Lot
Year Built
1989
Close
-
List price
$4.59M
Original List price
$4.95M
Price/Sqft
$1,247
HOA
-
Days on market
-
Sold On
-
MLS number
25559515
Home ConditionFair
Features
Patio
View

About this home

Possibly Over-Priced:The estimated price is 4% below the list price. We found 3 Cons,5 Pros. Rank: price - $4.59M(51th), sqft - 3685(65th), beds - 6(90th), baths - 6(81th).

Tucked behind private gates, this contemporary coastal residence blends refined indoor-outdoor living with exceptional space and flexibility. At its heart lies a sun-drenched, oversized backyard an expansive grassy lawn perfect for entertaining, play, or future pool plans. Raised vegetable garden beds and a detached storage structure add charm and function, while a separate gym/additional garage that opens to the yard offers the perfect setup for workouts, creative pursuits, or extra storage. The five-bedroom, five-bath main residence is filled with natural light, featuring generous living and family rooms and a large chef's kitchen designed for gathering and connection. The luxurious primary suite is a private retreat, featuring a wood-burning fireplace and dual walk-in closets. A separate one-bedroom, one-bath guest suite complete with a full kitchen and private entrance is currently leased at $4,000/month, offering a valuable income stream or a turnkey space for extended family or visitors. Thoughtfully designed for comfort, lifestyle, and future potential, this rare offering is moments from the coast and ideal for those seeking space, privacy, and ease.

Price History

Date
Event
Price
08/26/25
Price Change
$4,595,000
07/07/25
Listing
$4,950,000
01/31/24
Sold
$4,750,000
05/10/16
Sold
$2,600,000
04/08/11
Sold
$1,650,000
Condition Rating
Fair

Built in 1989, this property shows a mix of updates. While living areas, secondary bedrooms, and at least one bathroom feature modern flooring, paint, and fixtures, the kitchen and primary bathroom retain significantly outdated tile countertops, backsplashes, and flooring. These key areas, despite being functional and clean, would likely require substantial cosmetic updates to meet current 'contemporary coastal' standards and buyer expectations for a luxury property, indicating they are aged but maintained with outdated components.
Pros & Cons

Pros

Income-Generating Guest Suite: A separate one-bedroom, one-bath guest suite with a full kitchen and private entrance is currently leased at $4,000/month, offering a valuable income stream or versatile living space.
Expansive & Versatile Outdoor Living: The property boasts an oversized, sun-drenched backyard with an expansive grassy lawn, perfect for entertaining, recreation, and future pool development, complemented by raised vegetable garden beds.
Enhanced Privacy & Security: Tucked behind private gates, the residence offers an exclusive and secluded living environment, ensuring privacy and security for its occupants.
Flexible Ancillary Structures: Includes a detached storage structure and a separate gym/additional garage that opens to the yard, providing adaptable spaces for various uses like workouts, creative pursuits, or extra storage.
Luxurious & Light-Filled Main Residence: The five-bedroom, five-bath main home is filled with natural light, featuring generous living spaces, a large chef's kitchen, and a private primary suite with a wood-burning fireplace and dual walk-in closets.

Cons

Unrealized Pool Potential: While the backyard is spacious and suitable for a pool, the description notes 'future pool plans,' indicating the pool is not yet built and would require significant additional capital investment.
Property Age: Built in 1989, the property, despite its contemporary description, may require updates to certain systems or finishes to align with the latest modern luxury standards expected by buyers in this price range.
Absence of Explicit Panoramic Ocean Views: Although located in Malibu and 'moments from the coast,' the description does not explicitly highlight panoramic ocean views, which are often a premium feature and expected selling point for properties at this price point in the area.

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