Single-Family · For sale · $12,450,000 · MLS# 26905657
Single-Family for sale in Southern California — $12,450,000. 4 beds · 5 baths · 4,800 sqft. The Bluewater Estate. Point Dume is the epicenter of the ultimate Malibu lifestyle. Home to some of the best surfing, hiking, biking and family beach culture in the country, this is where artists, creatives and titans…
For sale
$12,450,000
29329 Bluewater Road, Malibu, CA 90265
4beds
5baths
4,800sqft
Single-FamilyProperty type
1988Year built
1.11 acresLot size
4,800 sqftLiving area
$2,594/sqftPrice / sqft
—HOA
Single-FamilyProperty type
1988Year built
1.11 acresLot size
4,800 sqftLiving area
$2,594/sqftPrice / sqft
—HOA
About this home
The Bluewater Estate. Point Dume is the epicenter of the ultimate Malibu lifestyle. Home to some of the best surfing, hiking, biking and family beach culture in the country, this is where artists, creatives and titans of industry come to build families and memories that will last an eternity. Just blocks from legendary surf breaks, Point Dume Village, and some of Malibu's most beautiful beaches, life here is equal parts freedom, privacy and effortless sophistication. Close to Malibu Elementary, one of the most funded public schools in the nation, and Malibu High with it's $200M renovation. Set on over an acre with panoramic ocean and mountain views, 29329 Bluewater Road captures everything that makes Point Dume so special. Spanning approximately 4,800 square feet with 4 bedrooms and 4.5 baths, the residence blends natural materials, warm textures and refined architecture with an easy indoor-outdoor flow. Organic finishes like Travertine stone, fine oak cabinetry, and Ipe wood create a sophisticated yet relaxed atmosphere throughout the home. Generous living spaces open to expansive decks, bringing the Pacific and surrounding mountains into view from nearly every angle. Outside, the property is built for the way Malibu is meant to be lived. Long lunches in the sun. Sunset dinners beneath the gazebo. Boards by the door. Ocean air moving through the house. More than an acre of land creates rare privacy and breathing room, while the setting keeps you connected to the best of Point Dume. This is the kind of Malibu home that is becoming harder and harder to find. Beautifully designed, private, soulful and completely in tune with the coast.
How this home compares nearby
My honest take on this home
Slava Ploshkin · DRE #02323623 · Hayden & Bach
Working with broker Joe Goodman, 25+ years in California real estate
41%above what similar homes nearby are asking
Priced above the area
It is asking well above most comparable homes nearby. Worth asking what justifies it, such as a renovation, the lot, or the view, before you anchor on this number.
Just came on
It is new to the market, so expect other buyers to be looking at it this week. If it fits, do not wait for the weekend open house.
Compared against 132 active CRMLS houses within 3 miles, as of September 1, 2026 — current asking prices, not sold. Condition, updates, location and view can put a home well above or below these numbers, so treat this as orientation, not an appraisal.
“He was always ready to address any queries that came up.”
Daniil K., Google review
Listing updated: August 29, 2026 at 1:12 PM
Listed by: Trevor Wright DRE #02042934, The Beverly Hills Estates
Source: CRMLS, MLS#: 26905657, Originating MLS: California Regional MLS
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Location
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Malibu
Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 4
Bathrooms: 5
Full bathrooms: 4
Half bathrooms: 1
Heating
Heating: Central
Cooling
Cooling: Central Air
Appliances
Included: Dishwasher, Disposal
Laundry: Inside
Interior area
Living area: 4,800 sqft
Property
Lot
Lot size: 1.11 acres
Features
Pool features: In Ground
View: Coastline, Mountains, Ocean
Construction
Type & style
Home type: Single-Family
Property subtype: Single Family Residence
Condition
Year built: 1988
Community & HOA
Community
Has HOA: No
Financial & listing details
Days on market: 3 days
Price / sqft: $2,594
Status: Active
MLS#: 26905657
Location
City: Malibu
ZIP: 90265
Price history
Date
Event
Price
8/28/2026Source: CRMLS, #26905657
Listed for sale
$12,450,000$2594/sqft
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Based on information from California Regional Multiple Listing Service, Inc. as of 2026-08-29 13:12:35 PDT and /or other sources. 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