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$10,999,000

Beds
5
Baths
3.75
sq ft
5,787

29035 Cliffside Dr, Malibu, CA 90265

29035 Cliffside Dr

Malibu, CA 90265

  • 125 days on market
    • Price drop $500,000↓
Situated on one of the most coveted streets in the prestigious Point Dume enclave of Malibu, this contemporary home on Cliffside Drive offers unparalleled privacy and breathtaking views. Perched on a flag lot with access through a private gate, it boasts nearly 360-degree vistas of the ocean, city lights, and mountains. Featuring 5 bedrooms and 4 bathrooms, the property's generous size and architectural volume are unique under current building regulations. The main level includes living and bonus/office spaces, while the second level offers additional entertainment areas. Almost every room in the house captures ocean views, with the backyard also showcasing ocean and mountain scenery. The expansive, flat rear yard provides a canvas for creating an exceptional outdoor living area, complete with gardens, patios, and a pool. The gated entry courtyard offers ample parking for guests, making it ideal for entertaining. Enjoy stunning sunrises over the city and sunsets beyond the Point Dume Headlands, with city light views extending from Santa Monica to Palos Verdes and Catalina. Point Dume is renowned for its world-class surf and proximity to shopping, schools, and cultural amenities. This property also includes a coveted beach key to Riviera III and the secluded cove of Little Dume, a rare feature among homes in the area. For those seeking privacy, open space, and a renowned beach while staying close to Los Angeles' cultural attractions, this home offers a perfect blend of luxury and convenience.

Details

Property type

Single Family Residence

Est. home value

$11,862,656

Lot size

0.6506 acres

Price per sq ft

$1,901

Year built

1985

HOA

No

Price History

11/16/2024
CLAW

CLAW #24429403

Price change
$10,999,000
-4.35%
08/19/2024
CLAW

CLAW #24429403

Listed
$11,499,000
03/18/2024
CLAW

CLAW #23317045

Removed
$11,499,000

Schools & Community

Neighborhood: 

Point Dume

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Citibank Na

Loan start date

January 2015

Original loan amount

$932,000

Est. remaining balance

$736,531

Interest rate

3.93%

Loan type

New Conventional, 30 year

Seller

Natalie Y Wang

Lender

Citibank Na

Loan start date

April 2012

Original loan amount

$975,000

Est. remaining balance

$696,013

Interest rate

3.95%

Loan type

New Conventional, 30 year

Seller

Natalie Y Wang

Lender

Citibank Na

Loan start date

March 2007

Original loan amount

$1,000,000

Est. remaining balance

Not provided

Interest rate

6%

Loan type

Credit Line (Revolving), 30 year

Seller

Natalie Yeu Wang

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 12/23/2024 at 2:40 AM

Listing updated: 12/05/2024 at 3:10 AM

Listed by: Jeffrey Chertow, Pinnacle Estate Properties Phone #: (310) 456-0880

MLS: CLAW #24429403

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