NOT LISTED FOR SALE

29351 Bluewater Rd Malibu, CA 90265

Estimated Value: $5,928,000 - $8,493,000

4 Beds
4 Baths
3,540 Sq Ft
$2,011/Sq Ft Est. Value

Last Sold March 29, 2024

Last sale price $7,912,500 $2,235 Per Sq Ft

Est. 10% decrease in value since last sale

Current estimated payment $44,836/month

110 Days on Market

Highlights

  • Detached Guest House
  • Heated In Ground Pool
  • Peek-A-Boo Views
  • Malibu Elementary School Rated A
  • Auto Driveway Gate
  • Fireplace in Primary Bedroom

About This Home

As of March 2024

Exceptional Mid-Century Modern masterpiece offering a rare blend of classic design and modern luxury. Meticulously restored and remodeled, this gated and private circa 1957 architectural seamlessly marries iconic design elements with contemporary finishes, resulting in a residence that exudes timeless sophistication. Open-concept floorplan with effortless flow and expansive walls of glass lead to inspired canyon views over an acre of meticulously landscaped grounds. Primary suite sanctuary with fireplace and refined ensuite bath. Gourmet kitchen with custom cabinetry and top-of-the-line appliances. Sun-dappled dining room aerie. Private guest house bedroom retreat. Sun-soaked gym/Pilates studio with panoramic views transforms a workout into an elevated experience. Beautiful sparkling pool and spa with underground vault cover. Outdoor cold plunge and shower. Magical organic herb and vegetable garden set beneath the canopy of an epic Eucalyptus tree. Spacious decking with outdoor fireplace and BBQ for entertaining, dining al fresco, or hanging out under the stars. Vast green lawn for play. Sonos sound system. A rare, serene oasis with unparalleled amenities, comfort, privacy, and land on cherished Pt. Dume.

Last Agent to Sell the Property

Todd Baker

Coldwell Banker Realty License #01446166 Listed on: 11/02/2023

Coldwell Banker Realty

Last Buyer's Agent

Benjamin Baylin

Compass License #02112321

Compass

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1957 | Remodeled

Lot Details

  • 1.14 Acre Lot
  • Lot Dimensions are 104x480
  • Property is zoned LCRA1*

Property Views

  • Peek-A-Boo
  • Canyon
  • Mountain

Interior Spaces

  • 3,540 Sq Ft Home
  • 1-Story Property
  • Living Room with Fireplace
  • 3 Fireplaces
  • Dining Area

Kitchen

  • Microwave
  • Freezer
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Fireplace in Primary Bedroom
  • Walk-In Closet

Laundry

  • Laundry Room
  • Gas And Electric Dryer Hookup

Parking

  • 4 Open Parking Spaces
  • 4 Parking Spaces
  • Gravel Driveway
  • Auto Driveway Gate

Pool

  • Heated In Ground Pool
  • Heated Spa
  • In Ground Spa
  • Saltwater Pool
  • Pool Cover

Outdoor Features

  • Patio
  • Outdoor Grill

Additional Features

  • Detached Guest House
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 4468-006-012

Home Details

Home Type

Single Family

Year Built

Built in 1957 | Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Architectural
  • Levels: One
  • Street Number Display: Yes
  • Advertising Remarks: Exceptional Mid-Century Modern masterpiece offering a rare blend of classic design and modern luxury. Meticulously restored and remodeled, this gated and private circa 1957 architectural seamlessly marries iconic design elements with contemporary finishes, resulting in a residence that exudes timeless sophistication. Open-concept floorplan with effortless flow and expansive walls of glass lead to inspired canyon views over an acre of meticulously landscaped grounds. Primary suite sanctuary. Gourmet kitchen with custom cabinetry. Private guest house. Sun-soaked gym/Pilates studio. Saltwater pool and spa. Magical organic herb/vegetable garden. Spacious decking with outdoor fireplace and BBQ for entertaining, dining al fresco, or hanging out under the stars. Vast green lawn for play. A rare, serene oasis with unparalleled amenities, comfort, privacy, and land on cherished Pt. Dume.
  • Living Area: 3540
  • Lot Acreage: 1.1383
  • Lot Dimensions: 104x480
  • Property Condition: Updated/Remodeled
  • Stories: 1
  • Year Built: 1957
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Living Room, Master Bedroom, Patio
  • Flooring: Hardwood, Ceramic Tile
  • Bedrooms: 4
  • Fireplaces: 3
  • Full Bathroom: 1
  • Half Bathroom: 0
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 3
  • Laundry: Inside
  • Total Bathrooms: 4.00
  • Equipment: Barbeque, Gas Or Electric Dryer Hookup, Microwave, Freezer, Garbage Disposal, Dishwasher, Refrigerator
  • Fireplace: Yes
  • Price Per S Q F T: 2286.72

Exterior Features

  • Other Structures: GuestHouse
  • Guest House: Detached
  • Pool Description: Heated, Salt/Saline, Pool Cover
  • Pool: Yes
  • Spa: Heated, In Ground
  • Spa Yn: Yes
  • View: Canyon, Mountains, Peek-A-Boo
  • View: Yes

Garage/Parking

  • Other Spaces: 4
  • Parking Garage: Gated, Driveway Gate, Driveway - Gravel
  • Total Parking: 4

Utilities

  • Cooling: Central
  • Heating: Central

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 4468-006-012
  • Lot Size Area: 49583

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 2, 2023
Closed on
Mar 7, 2024
Sold by
Shaver Andrew
Bought by
29351 Bluewater Road Trust and Guidi
Seller's Agent
Todd Baker
Coldwell Banker Realty
Buyer's Agent
Benjamin Baylin
Compass
List Price
$8,295,000
Sold Price
$7,912,500
Premium/Discount to List
-$382,500
-4.61%
Views
375
Current Estimated Value
$7,118,631

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$793,869
Avg. Annual Appreciation
-5.74%

Purchase Details

Listed on
Jan 10, 2022
Closed on
Mar 10, 2022
Sold by
Ann Shaver Kelly
Bought by
Shaver Andrew
Seller's Agent
Michael Cunningham
Pinnacle Estate Properties
Buyer's Agent
Ginger Glass
Compass
List Price
$7,995,000
Sold Price
$7,650,000
Premium/Discount to List
-$345,000
-4.32%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.69%
Original Mortgage
$4,561,200
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 10, 2022
Closed on
Feb 9, 2022
Sold by
Landau Hutnick Trust
Bought by
Shaver Andrew
Seller's Agent
Michael Cunningham
Pinnacle Estate Properties
Buyer's Agent
Ginger Glass
Compass
List Price
$7,995,000
Sold Price
$7,650,000
Premium/Discount to List
-$345,000
-4.32%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,561,200
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 26, 2018
Sold by
Mcbride Patrick R and Umerlik Jacqueline Renee
Bought by
Mcbride Patrick and Mcbride Jacqueline

Purchase Details

Listed on
Oct 10, 2016
Closed on
Jan 4, 2017
Sold by
Case Timothy
Bought by
Mcbride Patrick R and Umerlik Jacqueline Renee
Seller's Agent
Michael Cunningham
Pinnacle Estate Properties
Buyer's Agent
Michael Cunningham
Pinnacle Estate Properties
List Price
$3,900,000
Sold Price
$3,650,000
Premium/Discount to List
-$250,000
-6.41%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.70%
Original Mortgage
$2,737,500
Interest Rate
2.5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Jul 9, 2015
Closed on
Nov 11, 2015
Sold by
Bowman Laurence
Bought by
Case Timothy and Case Saffron
Seller's Agent
Candance Scott
Rodeo Realty - Pacific Palisades
Buyer's Agent
Michael Cunningham
Pinnacle Estate Properties
List Price
$2,500,000
Sold Price
$2,200,000
Premium/Discount to List
-$300,000
-12%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
57.15%
Original Mortgage
$1,320,000
Interest Rate
3.76%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 15, 2014
Sold by
Bowman Laurence
Bought by
Bowman Laurence and The Laurence Bowman Trust

Purchase Details

Closed on
Dec 22, 2011
Sold by
Danley Linda S
Bought by
Bowman Laurence

Purchase Details

Closed on
Jun 27, 2003
Sold by
Danley Gregory H
Bought by
Danley Linda S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$825,000
Interest Rate
6.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 8, 2000
Sold by
Danley Gregory H
Bought by
Danley Gregory H and Danley Linda S

Purchase Details

Closed on
Oct 10, 1997
Sold by
Sheen Martin
Bought by
Danley Gregory H and Danley Linda S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$528,000
Interest Rate
8.25%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
29351 Bluewater Road Trust $7,912,500 Equity Title
Shaver Andrew -- Priority Title
Shaver Andrew $7,602,000 Priority Title
Mcbride Patrick -- None Available
Mcbride Patrick R $3,650,000 Priority Title
Case Timothy $2,200,000 Usa National Title Co Inc
Bowman Laurence -- None Available
Bowman Laurence $1,680,016 Usa National Title Co
Bowman Laurence -- Usa National Title Co
Danley Linda S -- Landsafe Title Company
Danley Linda S -- Landsafe Title Company
Danley Gregory H -- --
Danley Gregory H $660,000 Gateway Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Shaver Andrew $4,561,200
Previous Owner Mcbride Patrick R $2,737,500
Previous Owner Case Timothy $1,320,000
Previous Owner Danley Linda S $825,000
Previous Owner Danley Gregory H $528,000
Closed Danley Gregory H $50,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/29/2024 03/29/24 Sold $7,912,500 -2.3% $2,235 / Sq Ft
02/20/2024 02/20/24 Pending -- -- --
02/07/2024 02/07/24 Price Changed $8,095,000 -2.4% $2,287 / Sq Ft
01/02/2024 01/02/24 For Sale $8,295,000 +4.8% $2,343 / Sq Ft
12/19/2023 12/19/23 Off Market $7,912,500 -- --
11/02/2023 11/02/23 For Sale $8,295,000 +8.4% $2,343 / Sq Ft
03/25/2022 03/25/22 Sold $7,650,000 -4.3% $2,161 / Sq Ft View Prior Sale
02/14/2022 02/14/22 Pending -- -- --
01/10/2022 01/10/22 For Sale $7,995,000 +11.0% $2,258 / Sq Ft
06/09/2021 06/09/21 Sold $7,200,000 -3.9% $2,057 / Sq Ft View Prior Sale
05/24/2021 05/24/21 Pending -- -- --
03/24/2021 03/24/21 For Sale $7,495,000 +105.3% $2,141 / Sq Ft
01/13/2017 01/13/17 Sold $3,650,000 -6.4% $1,659 / Sq Ft View Prior Sale
11/20/2016 11/20/16 Pending -- -- --
10/10/2016 10/10/16 For Sale $3,900,000 +77.3% $1,773 / Sq Ft
12/01/2015 12/01/15 Sold $2,200,000 -12.0% $1,419 / Sq Ft View Prior Sale
09/29/2015 09/29/15 Pending -- -- --
07/09/2015 07/09/15 For Sale $2,500,000 -- $1,613 / 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 $91,344 $8,070,750 $7,665,198 $405,552
2024 $91,344 $7,909,120 $6,242,400 $1,666,720
2023 $89,657 $7,754,040 $6,120,000 $1,634,040
2022 $85,687 $7,344,000 $5,814,000 $1,530,000
2021 $47,806 $4,088,327 $3,130,829 $957,498
2020 $47,536 $4,046,408 $3,098,727 $947,681
2019 $44,886 $3,797,460 $3,037,968 $759,492
2018 $42,638 $3,723,000 $2,978,400 $744,600
2016 $25,586 $2,200,000 $2,000,000 $200,000
2015 $20,579 $1,755,771 $1,567,654 $188,117
2014 $20,298 $1,721,379 $1,536,946 $184,433
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 23-327253

The MLS

APN: 4468-006-012