29417 Bluewater Road
Malibu, CA, 90265
$5,600,000
MLS: 26858575
Beds
4
Baths
4
Sq Ft
3,452
Lot
1.36 ac
Year Built
1978
MLS #
26858575
Days on Market
43
Listed
Jul 11, 2026
Description
Perfectly situated on ~1.3 park-like acres, this ocean-view private estate on Point Dume offers a seamless blend of natural beauty and elevated coastal living in one of Southern California's most sought-after enclaves. Set behind two gates, a motorcourt beneath mature Sycamore trees is framed by tropical landscaping and expansive lawns. Inside the four-bedroom home, natural light pours through oversized windows that frame lush greenery and breathtaking views of the Santa Monica Mountains. The entry flows into a grand living room with soaring vaulted ceilings and an accent fireplace, creating an inviting space for entertaining. A dining area overlooking the expansive backyard connects to a sleek, modern kitchen equipped with Miele and Sub-Zero appliances, custom cabinetry, and a breakfast bar. From the cozy family room, sliding glass doors open to multiple patios designed for effortless indoor-outdoor living, entertaining, and quiet moments. The thoughtfully curated grounds feature meticulously maintained lawns, fruit trees, towering Queen Palms, and two gas fire pits. Upstairs, the primary suite offers vaulted ceilings with sweeping mountain views from within and a private balcony, a generous walk-in closet, and a spa-like bathroom with an egg-shell tub. Three additional bedrooms include a spacious guest suite with a built-in office area and access to an expansive sun-soaked deck with peaceful ocean views. Additional features include a laundry area, three-car garage, full-home water filtration system, Generac backup generator, two storage sheds, and a long driveway providing access to the lower section of the property with ample guest parking. Just moments from Point Dume Headlands, pristine sandy beaches, highly rated local schools, and renowned surf breaks, this exceptional estate offers privacy without sacrificing convenience. A rare offering that captures the space, serenity, and effortless lifestyle that define Point Dume living.
Location
Malibu, Los Angeles County, CA 90265
Open on Google Maps ↗Listed by: Tony Mark · Compass
Listing information is provided courtesy of the Greater Antelope Valley Association of Realtors (GAVAR) and California Regional MLS (CRMLS). Information is deemed reliable but not guaranteed accurate by the MLS or by Mike Watson. All data, including square footage, lot size, room count, permits, and school assignment, should be independently verified. Properties shown may be listed by brokerages other than Keller Williams Realty. Listings are subject to prior sale, change, or withdrawal without notice.
Payment estimate
$40,588
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $560,000 · Loan: $5,040,000
Average 30-yr fixed rate 6.65% as of Aug 20, 2026 (Freddie Mac PMMS). Adjust to your quote.
- Principal & Interest
- $32,355
- Property tax (1.25%)
- $5,833
- Homeowners insurance
- $300
- Mortgage insurance
- $2,100
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 Aug 20, 2026
- 30-year fixed
- 6.65%
- 15-year fixed
- 5.95%
Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.
About the area · Mike Watson
About the Antelope Valley
The Antelope Valley spans Lancaster, Palmdale, Quartz Hill, Rosamond, Lake Los Angeles, California City, Edwards AFB, and the Plant 42 aerospace corridor. Mike Watson is a lifelong AV resident and the #1 producing individual Realtor in the region by transaction count. Every active listing on this site is paired with a free market analysis tailored to the specific street, honest financing guidance (FHA, VA, USDA, CalHFA, conventional, and assumable loans where the financing supports it), and side-by-side comparisons against the rest of the active inventory in your target ZIP.
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 $196,000 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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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.
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