For Sale
Land for sale at 29359 Bluewater Rd, Malibu, CA 90265 | MLS# 26873015 | Listing updated on 2026-09-17
Photo 1 of Land for sale at 29359 Bluewater Rd, Malibu, CA 90265 | MLS# 26873015 | Listing updated on 2026-09-17
Photo 2 of Land for sale at 29359 Bluewater Rd, Malibu, CA 90265 | MLS# 26873015 | Listing updated on 2026-09-17
Photo 3 of Land for sale at 29359 Bluewater Rd, Malibu, CA 90265 | MLS# 26873015 | Listing updated on 2026-09-17
Photo 4 of Land for sale at 29359 Bluewater Rd, Malibu, CA 90265 | MLS# 26873015 | Listing updated on 2026-09-17
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Listed by: Glen Steele (310) 663-2157 DRE #01480449, Alyssa Higgins DRE #02245733 | Coldwell Banker Realty (310) 457-6550

$5,995,000

Monthly Est:$29,839

  • Beds Icon-- Bed
  • Beds Icon
    -- Bath
  • Beds Icon1.21acres lot

29359 Bluewater Rd, Malibu, CA 90265

$29,839/moEst:

Get Pre-Approved

  • Land

  • Built in -

  • $-- HOA

  • 1.21 acres lot

  • $4,954,545/acre

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.

  • Houzeo last checked: 1 minute ago
  • Listing updated: September 17, 2026 at 12:08 am
  • Source: California Regional MLS-CA | MLS#: 26873015 California Regional MLS-CA

Property Details

  • Status

    Active

  • Type

    Land

  • No. of Stories

    -

  • County

    Los Angeles County

  • City

    Malibu

  • Neighborhood

    Point Dume

  • Year Built

    -

  • HOA Fees

    -

  • Finished Area

    - sqft

  • Lot Size

    1.21 acres lot

  • Basement Area

    - sqft

  • MLS Name

    California Regional MLS

  • MLS Number

    26873015

  • MLS Status

    Active

  • Days on Market

    70

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Location

Facts & Features

Rooms

  • Bedrooms & bathrooms

    Bedroom: --

    Bathroom: --

Price History

DateEventPrice

08/19/2026

Source: mls_logoCalifornia Regional MLS-CA #26873015

Off Market

$5,995,000

$0/sqft

08/19/2026

Source: mls_logoCalifornia Regional MLS-CA #26873015

Listed for Sale

$5,995,000 +230.30%

$0/sqft

06/04/2019

Source: mls_logoCalifornia Regional MLS-CA #19448258

Price Decreased

$1,815,000 -19.33%

$0/sqft

04/11/2019

Source: mls_logoCalifornia Regional MLS-CA #19448258

Sold

$2,250,000

$0/sqft

Nearby Homes

Based on information from California Regional Multiple Listing Service, Inc. as of Oct 29, 2026, 05:45AM and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This website may not include listings or property addresses of sellers who have directed their listing brokers to withhold their listing or their property address from display on the Internet. © 2026 California Regional Multiple Listing Service. All Rights Reserved.

Advertising Broker: William Johnson DRE #01463271 | William Johnson Brokerage

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