NOT LISTED FOR SALE

29329 Bluewater Rd Malibu, CA 90265

Estimated Value: $4,578,000 - $5,615,444

4 Beds
3 Baths
4,251 Sq Ft
$1,148/Sq Ft Est. Value

Last Sold June 24, 2024

Last sale price $4,500,000 $1,059 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $26,742/month

37 Days on Market

Highlights

  • Ocean View
  • In Ground Spa
  • Contemporary Architecture
  • Malibu Elementary School Rated A
  • Fireplace in Primary Bedroom
  • No HOA

About This Home

As of June 2024

Location, location, location! Perfect opportunity for an end user and or developer to re imagine this home to its full potential. Located in the sought after Point Dume community in Malibu, this home sits on over 1 acre mostly flat with Ocean and Mountain Views. Currently the home is 4 beds and 3 baths that can be moved in and redone over time or rebuild now. This is an opportunity of a lifetime to acquire this much land with ocean views and only a few minutes to walk to the beach. Hurry this will not last!

Last Agent to Sell the Property

Darlene Hutton

Rodeo Realty- Brentwood License #01342721 Listed on: 04/17/2024

Rodeo Realty- Brentwood

Co-Listed By

Sergio Guadarrama Trejo

Rodeo Realty- Brentwood License #02147002

Last Buyer's Agent

Dana Ben-Yehuda

The Agency License #01993117

The Agency

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1988

Lot Details

  • 1.11 Acre Lot
  • Property is zoned LCRA1*

Property Views

  • Ocean
  • Coastline
  • Mountain

Home Design

  • Contemporary Architecture

Interior Spaces

  • 4,251 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Bar
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Dining Room
  • Home Office
  • Alarm System

Kitchen

  • Oven or Range
  • Microwave
  • Freezer
  • Ice Maker
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Fireplace in Primary Bedroom
  • Walk-In Closet
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 2 Car Direct Access Garage
  • Circular Driveway

Outdoor Features

  • In Ground Spa
  • Open Patio
  • Outdoor Grill

Utilities

  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • Billiard Room

Listing and Financial Details

  • Assessor Parcel Number 4468-007-017

Home Details

Home Type

Single Family

Year Built

Built in 1988

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Contemporary Mediterranean
  • Levels: Two
  • Street Number Display: Yes
  • Living Area: 4251
  • Lot Acreage: 1.1130
  • Year Built: 1988
  • State Abbrv: CA
  • Special Features: None
  • Stories: 0

Interior Features

  • Fireplace Rooms: Family Room, Living Room, Master Bedroom
  • Flooring: Mixed
  • Bedrooms: 4
  • Full Bathroom: 3
  • Half Bathroom: 0
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Laundry: Inside, Laundry Area
  • Total Bathrooms: 3.00
  • Equipment: Alarm System, Barbeque, Built-Ins, Garbage Disposal, Freezer, Electric Dryer Hookup, Dishwasher, Dryer, Ice Maker, Microwave, Washer, Refrigerator, Range/Oven
  • Price Per S Q F T: 1269.11

Exterior Features

  • Other Structures: None
  • Pool: No
  • Spa: Hot Tub, In Ground
  • Spa Yn: Yes
  • View: Coastline, Mountains, Ocean
  • View: Yes

Garage/Parking

  • Parking Garage: Circular Driveway, Driveway, Garage Is Attached, Garage - 2 Car, Direct Entrance

Utilities

  • Cooling: Central
  • Heating: Central

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 4468-007-017
  • Lot Size Area: 48482

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 17, 2024
Closed on
Jun 20, 2024
Sold by
Kishner Sofia
Bought by
Valdman Boris
Seller's Agent
Darlene Hutton
Rodeo Realty- Brentwood
Buyer's Agent
Dana Ben-Yehuda
The Agency
List Price
$5,395,000
Sold Price
$4,500,000
Premium/Discount to List
-$895,000
-16.59%
Views
11
Current Estimated Value
$4,878,611

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$378,611
Avg. Annual Appreciation
5.21%
Original Mortgage
$5,545,703
Interest Rate
7.02%
Mortgage Type
Construction

Purchase Details

Listed on
Apr 17, 2024
Closed on
Jun 19, 2024
Sold by
Lilya Valdmans Unified Credit Trust and Valdman Boris
Bought by
29329 Bluewater Rd Llc
Seller's Agent
Darlene Hutton
Rodeo Realty- Brentwood
Buyer's Agent
Dana Ben-Yehuda
The Agency
List Price
$5,395,000
Sold Price
$4,500,000
Premium/Discount to List
-$895,000
-16.59%
Views
11

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$5,545,703
Interest Rate
7.02%
Mortgage Type
Construction

Purchase Details

Closed on
Feb 1, 2024
Sold by
Boris Valdman Survivors Trust and Valdman Boris
Bought by
Valdman Boris

Purchase Details

Closed on
Nov 17, 2023
Sold by
Valdman Boris
Bought by
Boris Valdman Survivors Trust and Lilya Valdmans Unified Credit Trust

Purchase Details

Closed on
May 26, 2017
Sold by
Valdman Boris
Bought by
Valdman Boris

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$245,000
Interest Rate
4.03%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
May 17, 2017
Sold by
Valdman Boris
Bought by
Valdman Boris

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$245,000
Interest Rate
4.03%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Mar 7, 2007
Sold by
Valdman Boris and Boris & Lilya Valdman Family T
Bought by
Valdman Boris and Boris Valdman Survivors Trust

Purchase Details

Closed on
Sep 2, 1993
Sold by
Valdman Boris and Valdman Lilya
Bought by
Valdman Boris

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$183,000
Interest Rate
6.94%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Valdman Boris -- Fidelity National Title
29329 Bluewater Rd Llc $4,500,000 Fidelity National Title
Valdman Boris -- --
Boris Valdman Survivors Trust -- Lawyers Title
Valdman Boris -- First American Title Company
Valdman Boris -- Accommodation
Valdman Boris -- None Available
Valdman Boris -- First American Title Company
Valdman Boris -- Commonwealth Land Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed 29329 Bluewater Rd Llc $5,545,703
Previous Owner Valdman Boris $245,000
Previous Owner Valdman Boris $183,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/24/2024 06/24/24 Sold $4,500,000 -16.6% $1,059 / Sq Ft
05/24/2024 05/24/24 Pending -- -- --
04/17/2024 04/17/24 For Sale $5,395,000 -- $1,269 / Sq Ft
Source: The MLS

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 $10,217 $4,590,000 $3,915,270 $674,730
2024 $10,217 $793,683 $351,225 $442,458
2023 $9,494 $778,122 $344,339 $433,783
2022 $9,339 $762,866 $337,588 $425,278
2021 $9,110 $747,909 $330,969 $416,940
2019 $8,936 $725,727 $321,153 $404,574
2018 $8,398 $711,498 $314,856 $396,642
2016 $8,050 $683,872 $302,631 $381,241
2015 $7,945 $673,601 $298,086 $375,515
2014 $7,858 $660,407 $292,247 $368,160
Source: Public Records

Agents Affiliated with this Home

  • Darlene Hutton

    Seller's Agent in 2024

    Darlene Hutton

    Rodeo Realty- Brentwood

    (310) 428-4861

    22 Total Sales

    Darlene Hutton
    Section Image

  • S

    Seller Co-Listing Agent in 2024

    Sergio Guadarrama Trejo

    Rodeo Realty- Brentwood

    (310) 818-3251

    8 Total Sales

    Sergio Guadarrama Trejo
    Section Image
  • Dana Ben-Yehuda

    Buyer's Agent in 2024

    Dana Ben-Yehuda

    The Agency

    (323) 304-2076

    13 Total Sales

    Dana Ben-Yehuda
    Section Image
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Map

Source: The MLS

MLS Number: 24-381323

The MLS

APN: 4468-007-017

California Los Angeles County Malibu 90265

29329 Bluewater Rd, Malibu, CA

Not Listed for Sale

Detached

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