ActiveCondominium

29221 Heathercliff Road 13

Malibu, CA, 90265

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$2,355,000

MLS: 26668993

Beds

2

Baths

3

Sq Ft

1,530

Lot

1.00 ac

Year Built

1980

MLS #

26668993

Days on Market

8

Listed

Mar 24, 2026

Description

Newly updated ocean-view townhome with coveted Riviera III beach rights to Little Dume, the most private and idyllic sandy beach in all of Malibu! Situated in the outermost row of a gated complex, this rare property offers a gateway to the quintessential coastal lifestyle with sweeping mountain and ocean views. Inside, the home is flooded with natural light by an abundance of large skylights and offers a casual layout with exceptionally large square footage. The living room features high beamed ceilings, oversized windows with mountain views, and an Italian fireplace. The kitchen flows to a dining area and out onto a private sun-drenched patio, with endless views from Zuma to Buzzards Roost and beyond. Upstairs, the primary suite offers soaring ceilings with a private balcony, en-suite bathroom, and updated walk-in closet. The second bedroom features peaceful views and there is an additional full bathroom, entry level powder room, and a large loft that could be used as an office, media room, or converted to a third bedroom. An attached two-car garage offers ample storage and a washer/dryer. Point Dume is one of Malibu's most iconic locations, and this townhome is ideally situated next to the shops and restaurants at Point Dume Village. Take your golf cart to Little Dume and enjoy the finest beach that Malibu has to offer, with sandy coves and gentle waves sheltered from the afternoon wind making it a private paradise.

Location

Malibu, Los Angeles County, CA 90265

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Listed by: Russell Grether · Compass

Payment estimate

$16,659

/ month (est.)

Principal, interest, taxes, and insurance + PMI. Down payment: $235,500 · Loan: $2,119,500

%
Principal & Interest
$13,023
Property tax (1.25%)
$2,453
Homeowners insurance
$300
Mortgage insurance
$883
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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 $82,425 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.

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