ActiveResidential · sale

29000 Cliffside Drive

Malibu, CA 90265

$34,999,000

  • 5 beds
  • 6 baths
  • 5,848 sq ft
  • 1.07 acres
  • Built 1975

Listed by Compass · MLS #26904337

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PROPERTY QUESTIONS & SHOWINGS

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29000 Cliffside Drive, Malibu, CA 90265 · MLS #26904337

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A FEW THINGS TO NOTICE

What stands out.

Living spaces

Additional highlights include a covered outdoor living room and a blufftop dining patio, perfectly situated for sunset dinners as the lights of the Queen's Necklace twinkle on the horizon.

Details worth a look

Just outside, an all-season ocean-view dining patio is complete with a barbecue and a massive stone table, perfect for hosting memorable meals with family and friends.

Year built

Built in 1975.

Highlights from the listing description and property details. Confirm features with the listing agent.

THE PROPERTY

Get to know the property.

Experience palatial elegance and abundant natural light in this stunning Cliffside Drive estate, offering breathtaking ocean, island, and coastline views. Perched above Dume Cove, this remarkable property includes deeded beach rights to the exclusive Little Dume/Riviera III beach, ensuring private access to one of the area's most coveted stretches of sand. Set behind beautiful gates on over an acre of majestic blufftop, the residence boasts over 100 feet of view frontage. Designed for unforgettable entertaining and unparalleled comfort, this single-level home is a masterpiece of luxury and sophistication. Spacious rooms are adorned with exquisite details, including magnificent glass entry doors, multiple skylights and fireplaces, elegant moldings, and wainscoting. The residence offers generous built-in cabinets and storage, ensuring both style and functionality. The seamless indoor-outdoor flow leads to dramatic terraced patios that provide panoramic sunrise-to-sunset views, creating an ideal setting for recreation, al fresco dining, and gatherings large and small. The ocean-view kitchen is a chef's dream, featuring a vast skylight that bathes the space in natural light, top-of-the-line appliances, and dual islands that offer ample preparation and serving space. Just outside, an all-season ocean-view dining patio is complete with a barbecue and a massive stone table, perfect for hosting memorable meals with family and friends. Additional highlights include a covered outdoor living room and a blufftop dining patio, perfectly situated for sunset dinners as the lights of the Queen's Necklace twinkle on the horizon. The property also features a lovely swimming pool and spa with a surrounding lounging deck, set against a backdrop of perfectly manicured landscaping that enhances the home's serene and private ambiance. The bedrooms are equally impressive, with the primary suite offering a luxurious retreat from the world. This getaway-from-it-all space opens onto the poolside patio and features a cozy fireplace sitting area, a lavish spa-bath, and a walk-in custom closet, providing an oasis of comfort and relaxation. Relax, entertain, and enjoy the many pleasures of Point Dume living in this impressive and harmonious home, where every detail is designed to offer a lifestyle of luxury and tranquility.

THE NEIGHBORHOOD

Explore the location.

29000 Cliffside Drive, Malibu, CA 90265

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THE DETAILS

The details, all in one place.

Property type
Residential
Category
Residential
Year built
1975
Full baths
6
Half baths
0
Garage spaces
2
Cooling
CentralAir
Heating
Central
Appliances
BuiltIn,DoubleOven,Dishwasher,Disposal,Range,Refrigerator,RangeHood
Accessibility
None
Pool
Yes
Pool features
Heated,InGround,Private
Spa
Yes
Zoning
LCRA1*
Parcel
4466009018

Features and school information are supplied by the listing source. Confirm measurements, school assignments, HOA terms and rental restrictions before making a decision.

OWNERSHIP, WITH A PLAN

Investor outlook.

Explore this property’s rental potential with an all-cash purchase. Monthly rent starts at 5% of the purchase price per year, divided by 12. Adjust it and the other assumptions to explore your scenario.

These are planning assumptions, not a rental appraisal or a loan quote. The starting rent is a price-based estimate; a local leasing professional can help confirm market rent.

Investor outlook assumes an all-cash purchase. No mortgage payment is deducted.

Estimated monthly cash flow · cash purchase
Estimated monthly rent$145,829.17
Cap rate

Annual operating income:

HOA: No HOA cost is included because the listing source does not report one. Confirm whether HOA dues apply before relying on this estimate.

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Purchase price
Rental income & operating costs

Purchase price × 5% ÷ 12. Updates with purchase price until you enter a custom rent.

Annual insurance starts at purchase price × 0.25%, rounded to the nearest available amount. Updates with purchase price until you choose another amount.A planning estimate, not an insurance quote. Adjust it for your property and coverage.

Percentages are editable examples, not ERA fee quotes. Management is applied to rent after vacancy; maintenance and capital reserves use scheduled rent. Add owner-paid utilities, mortgage insurance and other recurring expenses under other costs.

How this scenario is calculated

Annual operating income is rent after vacancy, management, maintenance, taxes, insurance, HOA and other operating costs, before financing and capital reserves. Cap rate divides annual operating income by purchase price. Estimated monthly cash flow assumes an all-cash purchase: rent after vacancy, management, maintenance, taxes, insurance, HOA, other operating costs and capital reserves. No mortgage payment is deducted. The mortgage calculator is separate; loan payments would reduce cash flow for a financed purchase. One-time acquisition costs, renovations, income taxes, depreciation and appreciation are excluded.

Mortgage payment calculator

Explore financing separately. These loan settings do not change the all-cash investor outlook.

Mortgage assumptions

20% down and 7% interest are illustrative starting values.

Estimated monthly principal & interestLoan payment only. Excludes property taxes, homeowners/flood insurance, mortgage insurance and HOA dues.

About this payment estimate

Based on a fixed-rate, fully amortizing loan with monthly payments and the price, down payment, interest rate and term you select. The interest rate is an example, not a current rate offer or APR; APR includes certain loan costs. This is an illustration, not a Loan Estimate, approval, offer of credit or commitment to lend.

Your actual payment, rate and eligibility depend on your lender, credit, loan program and property. Closing costs, points, prepaid expenses and lender fees are not included. Taxes and insurance may change, and mortgage insurance may be required, particularly with a down payment below 20%. Ask your lender for a Loan Estimate and a complete monthly payment including applicable taxes, insurance and fees.

Dollar results are rounded to the nearest cent; calculations retain precision until display. A cash purchase has no loan payment but still has ownership costs. Understand your total home payment (CFPB).

ERA PROPERTY MANAGEMENT

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Have a plan for what follows.

Considering this property as a rental? Start with the numbers, then talk through the day-to-day with a local management team.

  1. Understand the opportunity.

    Review rental pricing, property condition and your ownership goals with a local professional.

  2. Make a strong first impression.

    Bring together property preparation, professional marketing and applicant screening.

  3. Stay connected to your investment.

    Get support with rent collection, resident communication, maintenance coordination and owner reporting.

Get a local rental estimateTalk through your management needs
Stone-front home with a landscaped lawn and central entry
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Listing information

MLS #26904337 · California Regional MLS

Listing brokerage: Compass
Listing agent: Christopher Cortazzo

Listing status: Active. Record updated . Confirm current availability and price with the listing agent.

The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. "CRMLS" and is protected by all applicable Copyright © 2023 laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional. Information deemed reliable but not guaranteed. Copyright © 2023 California Regional Multiple Listing Service, Inc. All rights reserved.