6889 Dume Drive, Malibu, California 90265, Malibu, 90265 - 6 bed, 8 bath

6889 Dume Drive, Malibu, California 90265 home-pic-0
ACTIVE$22,850,000
6889 Dume Drive, Malibu, California 90265
6Beds
8Baths
8,500Sqft
93,426Lot

Price Vs. Estimate

The estimated value ($22,850,000) is $0 (0%) lower than the list price ($22,850,000). This property may be overpriced.

Key pros and cons

Top Pros:
Location & Exclusivity: Nestled within the ultra-exclusive Point Dume enclave, the property offers private access to Little Dume Beach via the coveted Riviera III beach key, signifying unparalleled prestige and privacy.
Top Cons:
Extremely High Price Point: The $22.85 million list price places this property in an extremely exclusive market segment, significantly limiting the potential buyer pool and potentially extending market time.

Compared to the nearby listings

Price:$22.85M vs avg $4.44M (+$18,412,500)94%
Size:8,500 sqft vs avg 2,813 sqft94%
Price/sqft:$2.7K vs avg $1.3K85%

More Insights

Condition: This property is explicitly described as 'Malibu's newest iconic estate' and a 'masterwork' of 'contemporary design and materials.' The description highlights a 'bespoke Italian kitchen' and a 'spa-inspired bath retreat with hand-carved marble vanities, a sculptural stone soaking tub, and a steam shower,' all indicative of brand-new, high-end construction. The images consistently showcase pristine, modern finishes, state-of-the-art appliances, sleek light fixtures, and flawless flooring throughout, with no signs of wear or outdated features. All components appear new or virtually new, meeting the highest current quality standards.
Year Built
Close
-
List price
$22.85M
Original List price
$22.85M
Price/Sqft
$2,688
HOA
-
Days on market
-
Sold On
-
MLS number
25569517
Home ConditionExcellent
Features
Excellent View: Hills, Mountain(s), Ocean
Pool
Spa
Patio
ViewHills, Mountain(s), Ocean

About this home

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.

Price History

Date
Event
Price
03/23/21
Sold
$4,000,000
09/24/12
Sold
$2,300,000
11/12/08
Sold
$1,875,000
Condition Rating
Excellent

This property is explicitly described as 'Malibu's newest iconic estate' and a 'masterwork' of 'contemporary design and materials.' The description highlights a 'bespoke Italian kitchen' and a 'spa-inspired bath retreat with hand-carved marble vanities, a sculptural stone soaking tub, and a steam shower,' all indicative of brand-new, high-end construction. The images consistently showcase pristine, modern finishes, state-of-the-art appliances, sleek light fixtures, and flawless flooring throughout, with no signs of wear or outdated features. All components appear new or virtually new, meeting the highest current quality standards.
Pros & Cons

Pros

Location & Exclusivity: Nestled within the ultra-exclusive Point Dume enclave, the property offers private access to Little Dume Beach via the coveted Riviera III beach key, signifying unparalleled prestige and privacy.
Panoramic Ocean Views: Commanding panoramic ocean views, including legendary Malibu sunsets, are highlighted from numerous vantage points throughout the estate, enhancing its aesthetic and intrinsic value.
Architectural Masterpiece & Design: TerraLume is an 8,500 sq ft 'newest iconic estate' featuring sophisticated contemporary design, high-end materials like board-formed concrete and curated stone, and bespoke finishes including a custom copper pivot door and Italian kitchen.
Resort-Style Amenities: The property boasts world-class outdoor amenities, including a 70-foot pool and spa, covered outdoor kitchen and bar, detached guesthouse, fitness studio with sauna, and a gated motor court accommodating up to 20 vehicles.
Luxurious Primary Suite: The opulent primary suite offers two fireplaces, a spa-inspired bath retreat with hand-carved marble vanities, a sculptural stone soaking tub, and a steam shower, all framing unforgettable ocean vistas.

Cons

Extremely High Price Point: The $22.85 million list price places this property in an extremely exclusive market segment, significantly limiting the potential buyer pool and potentially extending market time.
High Maintenance & Operating Costs: A property of this magnitude (8,500 sq ft, 2.25 acres) with extensive luxury features and resort-style amenities will incur substantial ongoing maintenance, utility, and property tax expenses.
Niche Market Appeal: While exquisitely designed, the property's ultra-luxury status and specific contemporary architectural style may not appeal to all high-end buyers, further narrowing its market reach.

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