NOT LISTED FOR SALE

29351 Bluewater Rd Malibu, CA 90265

Estimated Value: $6,092,000 - $7,426,403

4 Beds
4 Baths
3,540 Sq Ft
$1,982/Sq Ft Est. Value

Sale Details

Date Sold: March 25, 2022

Last sale price $7,650,000 $2,161 Per Sq Ft

Est. 8% decrease in value since last sale

Current estimated payment $46,056 / mo

35 Days on Market

Highlights

  • Guest House
  • Heated In Ground Pool
  • Wood Flooring
  • Malibu Elementary School Rated A
  • Mountain View
  • Main Floor Primary Bedroom

About This Home

As of March 2022

Your private resort awaits. Must see to believe! This gated oasis in exclusive Point Dume Malibu has just been completed after a 2 year expansive renovation. The exterior landscape design by Fiona Dunne creates a true indoor/outdoor lifestyle. The estate has breathtaking mountain views from most of the main house, and distant ocean views from pool, decks, outdoor kitchen, guest house and gym. The bright open floor plan includes a gourmet kitchen, spa-like master and master bath, large family and living rooms all boasting incredible views. Grand detached guest house has full bath, plus a separate large ocean view gym. Watch the sun set over Zuma beach dining by your serene salt water pool and spa. Outdoor kitchen with pizza oven and outdoor shower create a personal paradise. The majestic landscape on over an acre includes outdoor seating, fireplace and meditation fountain, organic garden, Citrus and old growth Olive trees. Short walk to the beach, Point Dume Marine & Science Elementary, restaurants and shops. Buyer and buyers agent to verify square footage.

Last Agent to Sell the Property

Michael Cunningham

Pinnacle Estate Properties License #01291455 Listed on: 01/10/2022

Pinnacle Estate Properties

Last Buyer's Agent

Ginger Glass

Compass License #01478465

Compass

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1957

Lot Details

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

Interior Spaces

  • 3,540 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Great Room
  • Family Room
  • Home Gym
  • Wood Flooring
  • Mountain Views
  • Alarm System

Kitchen

  • Oven or Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Kitchen Island

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • 4 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 6 Parking Spaces
  • Private Parking
  • Auto Driveway Gate

Pool

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

Outdoor Features

  • Fire Pit
  • Outdoor Grill

Additional Homes

  • Guest House

Utilities

  • Air Conditioning
  • Central Heating

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

Lot Details

1.14 Acres

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Street Number Display: Yes
  • Living Area: 3540
  • Lot Acreage: 1.1379
  • Lot Dimensions: 104x480
  • Stories: 2
  • Year Built: 1957
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Fire Pit
  • Flooring: Hardwood
  • Bedrooms: 4
  • Full Bathroom: 4
  • Half Bathroom: 0
  • Bedroom Features: WalkInCloset, Master Bedroom, Ground Floor Master
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Eating Areas: Kitchen Island
  • Laundry: Room
  • Total Bathrooms: 4.00
  • Equipment: Barbeque, Built-Ins, Dishwasher, Dryer, Ice Maker, Hood Fan, Microwave, Washer, Refrigerator, Range/Oven, Alarm System
  • Price Per S Q F T: 2258.47

Exterior Features

  • Other Structures: GuestHouse
  • Pool Description: Salt/Saline, Pool Cover, In Ground, Heated
  • Pool: Yes
  • Spa: Heated, In Ground
  • Spa Yn: Yes
  • View: Mountains
  • View: Yes

Garage/Parking

  • Parking Garage: Driveway Gate, Private
  • Total Parking: 6

Utilities

  • Cooling: Air Conditioning
  • Heating: Central

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 4468-006-012
  • Lot Size Area: 49569

MLS Schools

  • School District: Santa Monica-Malibu Unified School District

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 7, 2024
Sold by
Bought by
Current Estimated Value
$7,016,101

Purchase Details

Listed on
Jan 10, 2022
Closed on
Mar 10, 2022
Sold by
Bought by
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
-2.05%
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
Bought by
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

Listed on
Mar 24, 2021
Closed on
May 25, 2021
Sold by
Bought by
Seller's Agent
Michael Cunningham
Pinnacle Estate Properties
Buyer's Agent
Scott Cort
Sotheby's International Realty
List Price
$7,495,000
Sold Price
$7,200,000
Premium/Discount to List
-$295,000
-3.94%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.98%

Purchase Details

Closed on
Oct 26, 2018
Sold by
Bought by

Purchase Details

Listed on
Oct 10, 2016
Closed on
Jan 4, 2017
Sold by
Bought by
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
7.22%
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
Bought by
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
Bought by

Purchase Details

Closed on
Dec 22, 2011
Sold by
Bought by

Purchase Details

Closed on
Jun 27, 2003
Sold by
Bought by

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
Bought by

Purchase Details

Closed on
Oct 10, 1997
Sold by
Bought by

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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Average Value
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List Price
Sold Price
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$7,912,500 Equity Title
-- Priority Title
$7,602,000 Priority Title
$7,200,000 Priority Title
-- None Available
$3,650,000 Priority Title
$2,200,000 Usa National Title Co Inc
-- None Available
$1,680,016 Usa National Title Co
-- Usa National Title Co
-- Landsafe Title Company
-- Landsafe Title Company
-- --
$660,000 Gateway Title Company
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $4,561,200
Previous Owner $2,737,500
Previous Owner $1,320,000
Previous Owner $825,000
Previous Owner $528,000
Closed $50,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/25/2022 03/25/22 Sold $7,650,000 -4.3% $2,161 / Sq Ft
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $98,799 $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

  • Michael Cunningham

    Seller's Agent in 2022

    Michael Cunningham

    Pinnacle Estate Properties

    (310) 985-9340

    19 Total Sales

    Michael Cunningham
    Section Image
  • Ginger Glass

    Buyer's Agent in 2022

    Ginger Glass

    Compass

    (310) 927-9307

    156 Total Sales

    Ginger Glass
    Section Image
  • Scott Cort

    Buyer's Agent in 2021

    Scott Cort

    Sotheby's International Realty

    (310) 272-8002

    19 Total Sales

    Scott Cort
    Section Image

  • C

    Seller's Agent in 2015

    Candance Scott

    Rodeo Realty - Pacific Palisades

    Section Image
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Map

Source: The MLS

MLS Number: 22-117227

The MLS

APN: 4468-006-012

California Los Angeles County Malibu 90265

29351 Bluewater Rd, Malibu, CA

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The MLS © 2026 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.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
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