6889 Dume Drive, Malibu, California 90265, Malibu, 90265 - 6 bed, 8 bath
6889 Dume Drive
Malibu, California 90265
Property Price
SUMMARY
Analysis of 6889 Dume Drive, Malibu, California 90265 reveals a Prime Investment Opportunity with a current list price of $19,995,000—significantly undercutting the $22,031,066 Fair Market Value by 9%. This valuation gap indicates a +$2,036,066 Instant Equity potential for buyers. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. Located in a high-demand neighborhood within the Malibu Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 6889 Dume Drive Subject | $19,995,000* List Price | 6 | 8 | 8,500 | $2,592 | - |
A 29200 Larkspur Lane Active | $16,575,000 List Price | 6 | 7 | 6,375 | $2,600 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is new construction or fully renovated.
This property is described as 'Malibu's newest iconic estate' and showcases a complete, high-end contemporary design throughout. The images confirm a 'bespoke Italian kitchen' with sleek, modern cabinetry, integrated appliances, and luxurious finishes. Bathrooms are 'spa-inspired' with hand-carved marble vanities, sculptural tubs, and steam showers, all appearing brand new with premium materials and fixtures. Flooring consists of pristine hardwood and large-format tiles. All components, from lighting to architectural elements like board-formed concrete and disappearing glass doors, are new, state-of-the-art, and meet the highest quality standards, indicating no deferred maintenance and minimal physical depreciation. The property is either newly built or has undergone an extensive, recent renovation.
PROSSTRENGTHS & OPPORTUNITIES
- High Available Lot Utilization
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 93426, living area = 8500.
- Unrivaled Location & Exclusivity
Nestled within the ultra-exclusive Point Dume enclave in Malibu, offering a prestigious address and private access to Little Dume Beach via the coveted Riviera III beach key.
- Commanding Panoramic Ocean Views
The estate boasts commanding panoramic ocean views, highlighting Malibu's legendary sunsets and providing unforgettable vistas from multiple vantage points, including the primary suite's spa bath.
CONSRISKS & DEFICIENCIES
- Significant Price Appreciation History
The property's listing price of nearly $20M represents a substantial increase from its $4M sale in 2021, which may require thorough justification of value to potential buyers, despite extensive upgrades.
- High Ongoing Maintenance Costs
The expansive 2.25-acre grounds and extensive luxury amenities, including a large pool, spa, guesthouse, and fitness studio, will incur significant ongoing maintenance and operational expenses.
- Niche Architectural Style
While sophisticated, the highly specific contemporary design with board-formed concrete and artistic details may appeal to a more niche segment of ultra-luxury buyers, potentially narrowing the market compared to more universally appealing aesthetics.
About 6889 Dume Drive
Introducing TerraLume, Malibu's newest iconic estate nestled within the ultra-exclusive Point Dume enclave. Spanning 2.25 acres of pristine grounds with commanding panoramic ocean views, this 8,500 sq ft, 6-bedroom, 8-bathroom masterwork offers the pinnacle of architectural sophistication and resort-style living. A harmonious fusion of contemporary design and materials, TerraLume features board-formed concrete walls, curated stone finishes, and floor-to-ceiling disappearing glass doors that seamlessly blend indoor and outdoor living. Highlighting Malibu's legendary sunsets at every turn. Enter through a tranquil lagoon to a grand 8x10 custom copper pivot door, leading into a dramatic double-height entry and voluminous open spaces. Every detail has been hand-selected for its artistry: handmade chandeliers, handcrafted wood louvers, etched copper walls, and a bespoke Italian kitchen. The floating staircase ascends to a private upper level featuring an opulent primary suite with two fireplaces, a spa-inspired bath retreat with hand-carved marble vanities, a sculptural stone soaking tub, and a steam shower framing unforgettable ocean vistas. Outdoor amenities rival world-class resorts: a covered outdoor kitchen and bar, 70-foot pool and spa, detached guesthouse, fitness studio with sauna, and gated motor court with parking for up to 20 vehicles. Enjoy private access to Little Dume Beach through the coveted Riviera III beach key.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- -
- Lot Size
- 93,426 Sq. Ft.
Interior
- Total Bedrooms
- 6
- Total Bathrooms
- 8 (8 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 6.0 | 4.0 | 90% |
| Baths | 8.0 | 4.0 | 96% |
| Square foot | 8,500 | 2,981 | 97% |
| Lot Size | 93,426 | 18,369 | 88% |
| Price | $20.00M | $4.00M | 99% |
| Price per sq ft | $2.4K | $1.3K | 85% |
| Built year | - | 1976 | 3% |
| HOA | $0 | $0 | 50% |
| Days on market | 46 | 220 | 1% |
Pricing History
Listed for Sale
Jan 19, 2026
$19,995,000
Initial Listing
Sold
Mar 23, 2021
$4,000,000
Public Record
Sold
Sep 24, 2012
$2,300,000
Public Record
Sold
Nov 12, 2008
$1,875,000
Public Record