NOT LISTED FOR SALE

29280 Greenwater Rd Malibu, CA 90265

Point Dume Neighborhood

Estimated Value: $3,886,000 - $5,294,000

0.93 Acre
$4,966,375 Price per Acre
40,690 Sq Ft Lot

Last Sold August 01, 2019

Last sale price $2,310,000 $770 Per Sq Ft

Est. 101% increase in value since last sale

Current estimated payment $27,151/month

111 Days on Market

About This Lot

As of August 2019

Exclusive opportunity to acquire a beautiful panoramic ocean view lot (40,690 sq.ft.) in the prestigious neighborhood of Point Dume. The lot is located at the end of the cul-de-sac at 29280 Greenwater Rd. There was originally a 3,000 sq. ft. house built in 1967 that recently burnt down in the catastrophic Woolsey Fire. There is also a second contiguous lot of similar size (37,687 sq.ft.) and similar views listed for $2,200,000 (same owner). For clarification in making an offer, the owner requires 29280 Greenwater Rd. and 0 Greenwater Rd. (vacant lot) to be sold as a package together (78,000 sq.ft.). Seller will not sell 29280 Greenwater Rd. separately from 0 Greenwater Rd. Great opportunity to create a spectacular estate.

Last Agent to Sell the Property

Joyce Spector

Compass License #00779396 Listed on: 03/25/2019

Compass

Co-Listed By

Steven Durbin

Compass License #00365886

Last Buyer's Agent

Joyce Spector

Compass License #00779396 Listed on: 03/25/2019

Compass

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $29,210

Lot Details

  • 0.93 Acre Lot
  • Property is zoned LCRA1*

Property Views

  • Ocean Views

Listing and Financial Details

  • Assessor Parcel Number 4468-004-033

Property Details

Property Type

Land

Est. Annual Taxes

$29,210

Lot Details

0

Listing Details

  • Property Type: Land
  • Street Number Display: Yes
  • Advertising Remarks: Exclusive opportunity to acquire a beautiful panoramic ocean view lot (40,690 sq.ft.) in the prestigious neighborhood of Point Dume. The lot is located at the end of the cul-de-sac at 29280 Greenwater Rd. There was originally a 3,000 sq. ft. house built in 1967 that recently burnt down in the catastrophic Woolsey Fire. There is also a second contiguous lot of similar size (37,687 sq.ft.) and similar views listed for $2,200,000 (same owner). For clarification in making an offer, the owner requires 29280 Greenwater Rd. and 0 Greenwater Rd. (vacant lot) to be sold as a package together (78,000 sq.ft.). Seller will not sell 29280 Greenwater Rd. separately from 0 Greenwater Rd. Great opportunity to create a spectacular estate.
  • Number Of Photos: 30
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • View: Ocean
  • View: Yes

Utilities

  • Cable: No
  • Telephone: No

Lot Info

  • Special Zoning: Coastal Commission
  • Assessor Parcel Number: 4468-004-033
  • Geocode Override: No
  • Lot Size Area: 40690

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 25, 2019
Closed on
Jul 11, 2019
Sold by
Weiss Donna P and Weiss Family Trust
Bought by
Kummer Edward W and Kummer Nancy D
Seller's Agent
Joyce Spector
Compass
Buyer's Agent
Joyce Spector
Compass
List Price
$3,800,000
Sold Price
$2,310,000
Premium/Discount to List
-$1,490,000
-39.21%
Current Estimated Value
$4,639,160

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,329,160
Avg. Annual Appreciation
12.53%

Purchase Details

Closed on
Feb 4, 2018
Sold by
Weiss Donna P and Weiss Allen H
Bought by
Weiss Donna P and Weiss Family Trust
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Kummer Edward W $2,310,000 Lawyers Title Company
Weiss Donna P -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Weiss Allen H $750,000
Previous Owner Weiss Allen H $500,000
Previous Owner Weiss Allen H $500,000
Previous Owner Weiss Allen H $260,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/01/2019 08/01/19 Sold $2,310,000 -39.2% $770 / Sq Ft
07/14/2019 07/14/19 Pending -- -- --
03/25/2019 03/25/19 For Sale $3,800,000 -- $1,267 / Sq Ft
Source: The MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $29,210 $2,526,320 $2,526,320 --
2024 $29,210 $2,476,785 $2,476,785 --
2023 $28,635 $2,428,221 $2,428,221 $0
2022 $28,248 $2,380,609 $2,380,609 $0
2021 $27,588 $2,333,931 $2,333,931 $0
2019 $1,889 $112,502 $112,502 $0
2018 $3,799 $274,255 $110,297 $163,958
2016 $3,617 $263,608 $106,015 $157,593
2015 $3,567 $259,649 $104,423 $155,226
2014 $3,551 $254,564 $102,378 $152,186
Source: Public Records

Agents Affiliated with this Home

  • Joyce Spector

    Seller's Agent in 2019

    Joyce Spector

    Compass

    (310) 749-8827

    4 Total Sales

    Joyce Spector
    Section Image

  • S

    Seller Co-Listing Agent in 2019

    Steven Durbin

    Compass

    Section Image
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Map

Source: The MLS

MLS Number: 19-447232

The MLS

APN: 4468-004-033

California Los Angeles County Malibu 90265 Point Dume

29280 Greenwater Rd, Malibu, CA

This home is located at 29280 Greenwater Rd, Malibu, CA 90265 since 25 March 2019 and is currently estimated at $4,639,160, approximately $1,546 per square foot. 29280 Greenwater Rd is a home located in Los Angeles County with nearby schools including Malibu Elementary School, Malibu Middle School, and Malibu High School.

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The MLS © 2025 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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