$5,995,000
 $32,182 est/mo Sourced by Back At You

29359 Bluewater Road,Malibu, CA 90265

Malibu, CA 90265

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Description

29359 Bluewater Drive, Malibu. A Rare Ready-to-Build New Construction Opportunity on Point Dume. An exceptional opportunity to create a truly distinctive new Malibu residence in the coveted Point Dume community. With plans and permits in place and the lengthy permitting and entitlement process already addressed, this property offers the rare ability to move directly toward construction and bring your vision to life. Set against a spectacular coastal backdrop, 29359 Bluewater Drive captures gorgeous mountain views, creating an extraordinary setting for a sophisticated new residence. Thoughtfully designed to embrace the surrounding landscape, the proposed home offers a strong foundation for a luxurious contemporary retreat while leaving room for the next owner to add their own finishing touches and personal style. This is the opportunity Malibu buyers dream of; new construction, exceptional views, beach proximity, and the freedom to create a home that feels entirely your own without starting from scratch or navigating a lengthy permitting process. Located in the highly desirable Point Dume enclave on one of the most coveted streets, the property offers an unparalleled coastal lifestyle. Enjoy the convenience of being within walking distance of the beach, with ocean breezes, morning walks along the sand, dramatic sunsets, and the natural beauty that makes Point Dume one of Malibu's most exclusive and desirable communities. For the discerning buyer seeking something truly special, the value extends beyond the property itself. Rarely does a ready-to-build opportunity of this caliber become available in Point Dume. Combining new construction, panoramic ocean and mountain views, beach access, privacy, and the ability to add your own signature to the final residence, 29359 Bluewater Drive is a one-of-a-kind opportunity to create your own Malibu legacy.

Details

MLS #26873015
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Days On Site68
Listing Provided ByColdwell Banker Realty | Glen Steele

Features

ZoningLCRA1*
Acreage1.21
Property ViewYes

Area Information

StateCA
CountyLos Angeles
CityMalibu
Zip Code90265
AreaC33 Malibu
Listing VS Median (in 90265)
Price:
$5,995,000
low | high
Med:
$1,825,000
100% of Average
On site:
68
low | high
Med:
116
58.620689655172% of Average
Sourced by Back At You

Market Activity 90265

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Learn More About This Property

StateCA
CountyLos Angeles
CityMalibu
Zip Code90265
AreaC33 Malibu
Listing VS Median (in 90265)
Price:
$5,995,000
low | high
Med:
$1,825,000
100% of Average
On site:
68
low | high
Med:
116
58.620689655172% of Average
Sourced by Back At You
Nearby Listings (Within 1/2 mile)
Price: $4.496M - $7.493M
sqft: 0 - 0
Nearby Listings Property ImageNearby Listings Details
7273 Birdview Avenue Property Photo 1
$6,650,000
7273 Birdview Avenue
Malibu, CA 90265
Listing Updated: September 28, 2026 at 9:17:35 PM PDT