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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$8,500/sqft
Est. Value: $24,378,511
6%
BelowEstimate
6889 Dume Drive, Malibu, California 90265
6Beds
8Baths
8,500Sqft
93,426Lot

Price Vs. Estimate

The estimated value ($24,378,511.42) is $1,528,511.42 (6%) higher than the list price ($22,850,000). This property may be underpriced.

Key pros and cons

Top Pros:
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.
Top Cons:
Niche Market Appeal: The ultra-luxury price point of $22.85 million and highly specific contemporary aesthetic inherently target a very limited buyer pool, potentially extending market time.

Compared to the nearby listings

Price:$22.85M vs avg $4.35M (+$18,500,000)97%
Size:8,500 sqft vs avg 2,744 sqft96%
Price/sqft:$2.7K vs avg $1.3K87%

More Insights

Condition: This property is described as 'Malibu's newest iconic estate' and features a harmonious fusion of contemporary design with high-end materials like board-formed concrete, curated stone finishes, and floor-to-ceiling disappearing glass doors. The images confirm a pristine, newly constructed or recently fully renovated home with a bespoke Italian kitchen, spa-inspired bathrooms with hand-carved marble vanities and sculptural soaking tubs, and state-of-the-art fixtures and finishes throughout. All components appear new or virtually new, meeting the highest current quality standards with no signs of wear or deferred maintenance.
Year Built
Close
-
List price
$22.85M
Original List price
$22.85M
Price/Sqft
$2,688
HOA
-
Days on market
-
Sold On
-
MLS number
26636667
Home ConditionExcellent
Features
Excellent View: Hills, Mountain(s), Ocean
Deck
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.

B
Branden Williams
Listing Agent

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 described as 'Malibu's newest iconic estate' and features a harmonious fusion of contemporary design with high-end materials like board-formed concrete, curated stone finishes, and floor-to-ceiling disappearing glass doors. The images confirm a pristine, newly constructed or recently fully renovated home with a bespoke Italian kitchen, spa-inspired bathrooms with hand-carved marble vanities and sculptural soaking tubs, and state-of-the-art fixtures and finishes throughout. All components appear new or virtually new, meeting the highest current quality standards with no signs of wear or deferred maintenance.
Pros & Cons

Pros

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.
Ultra-Exclusive Location & Beach Access: Nestled within the ultra-exclusive Point Dume enclave, the property offers coveted private access to Little Dume Beach via a Riviera III beach key, a significant luxury differentiator.
Commanding Panoramic Ocean Views: The estate boasts commanding panoramic ocean views, including Malibu's legendary sunsets, from multiple vantage points, enhancing its intrinsic value and appeal.
Exceptional Architectural Design & High-End Finishes: A true masterwork of contemporary design, featuring board-formed concrete walls, curated stone finishes, floor-to-ceiling disappearing glass doors, and bespoke elements like a custom copper pivot door, Italian kitchen, and hand-carved marble.
Resort-Style Amenities & Entertainment: Outdoor amenities rival world-class resorts, including a covered outdoor kitchen and bar, a 70-foot pool and spa, a detached guesthouse, a fitness studio with sauna, and a gated motor court for up to 20 vehicles.
Spacious & Private Estate: Spanning 2.25 acres of pristine grounds with an 8,500 sq ft main residence, the property offers unparalleled space, privacy, and a grand scale of living.

Cons

Niche Market Appeal: The ultra-luxury price point of $22.85 million and highly specific contemporary aesthetic inherently target a very limited buyer pool, potentially extending market time.
High Maintenance Demands: The extensive 2.25-acre grounds, 8,500 sq ft residence, 70-foot pool, guesthouse, and fitness studio imply substantial ongoing maintenance costs and management requirements.
Specific Design Preference: While exquisitely designed, the distinct contemporary style with elements like board-formed concrete and etched copper walls may not appeal to all luxury buyers who might prefer more traditional or classic Malibu aesthetics.
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