Mike Watson, Realtor

Mike Watson

Call or Text(661) 733-2196
ActiveSingleFamilyResidence

29020 Cliffside Drive

Malibu, CA, 90265

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$22,995,000

MLS: 26638167

Beds

4

Baths

4

Sq Ft

4,054

Lot

1.04 ac

Year Built

1976

MLS #

26638167

Days on Market

93

Listed

Jan 14, 2026

Description

Exceptionally private and awash with natural light, this gated Point Dume blufftop estate provides over an acre of indoor-outdoor living with absolutely spectacular ocean, island, and Queen's Necklace views. Surrounded by expansive lawns and manicured landscaping, the single-level home has a large swimming pool and a huge entertaining deck overlooking the shoreline and the sea. Gracious, open interiors with high ceilings, many skylights, generous built-ins, picture windows, and wraparound walls of glass offer wonderful sight lines to the pool, gardens, and views. Furnished for elegant comfort, the main living area flows seamlessly between the large living room with a fireplace, the dining area with a tray ceiling and service bar, the spacious media room/library with a wall of book shelves, and the marvelous chef's kitchen. Equipped with top-quality appliances and an island with bar seating, the kitchen enjoys backyard, pool, and ocean views, and opens to the patio for poolside al-fresco dining. The home's four bedrooms include a private guest suite with kitchenette and bath. The primary suite is a tranquil, ocean-view retreat with a walk-in closet and an amazing spa-like bath complete with skylights, gorgeous stonework, a spectacular garden-view sauna, and enormous windows facing the pool and ocean views. In addition to the huge front lawn, with a garden bench and swing-set, the home's resort-like backyard is the perfect setting for large and small gatherings, dining, recreation, and undisturbed relaxation. With its amazing views, the backyard centers around the large waterfall pool and spa with a flagstone pool deck. There is a partially covered patio lounging area, a pergola with built-in couches, a step-up seating area with a fire pit, a barbecue, an outdoor shower, and a stunning blufftop entertaining deck with benches and views, views, views. Additional features include a mud room, a two-car garage with a washer and dryer plus an extra refrigerator and freezer, guest parking for six cars, and lifestyle amenities such as a full-house sound system and camera security, plus a coveted beach key.

Location

Malibu, Los Angeles County, CA 90265

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Listed by: Christopher Cortazzo · Compass

Payment estimate

$160,033

/ month (est.)

Principal, interest, taxes, and insurance + PMI. Down payment: $2,299,500 · Loan: $20,695,500

%
Principal & Interest
$127,157
Property tax (1.25%)
$23,953
Homeowners insurance
$300
Mortgage insurance
$8,623
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Login required. The full tool supports FHA / VA / USDA, PMI by credit tier, lender fees, and total cash to close — with your inputs here carried over.

Today's Rates

As of Apr 23, 2026

30-year fixed
6.23%
15-year fixed
5.58%

Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.

Financing Options

FHA Financing — 3.5% Down

First-time and repeat buyers can purchase this Malibu home with as little as 3.5% down using an FHA loan — roughly $804,825 down. FHA loans feature flexible credit guidelines and government-backed rates, making homeownership accessible for buyers who haven't saved a large down payment. Seller concessions up to 6% of the purchase price are also allowed.

Local Market Stats

See Malibu, CA 90265 market trends →

Median sold price, days on market, active inventory, price brackets, and 12-month trends — pulled live from the MLS.

#1 Producing Individual Realtor — Antelope Valley

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