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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$19,995,000$8,500/sqft
Est. Value: $20,467,018
2%
FairlyEstimate
6889 Dume Drive, Malibu, California 90265
6Beds
8Baths
8,500Sqft
93,426Lot

Price Vs. Estimate

The estimated value mostly matches the list price at $19,995,000.

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:
Extremely High Price Point: The nearly $20 million asking price places this property in an ultra-luxury niche, significantly narrowing the potential buyer pool.

Compared to the nearby listings

Price:$20.00M vs avg $4.35M (+$15,645,000)97%
Size:8,500 sqft vs avg 2,744 sqft96%
Price/sqft:$2.4K vs avg $1.3K85%

More Insights

Condition: This property is described as 'Malibu's newest iconic estate' and showcases a 'harmonious fusion of contemporary design and materials' with 'bespoke Italian kitchen' and 'spa-inspired bath retreat.' The images confirm a brand-new, high-end construction or a very recent, extensive renovation. All components, including the sleek, modern kitchen with integrated appliances and the luxurious bathrooms with marble vanities and sculptural tubs, appear virtually new, meeting the highest current quality standards with no signs of wear or deferred maintenance. The overall aesthetic, materials, and features align perfectly with the 'excellent' criteria.
Year Built
Close
-
List price
$20M
Original List price
$20M
Price/Sqft
$2,352
HOA
-
Days on market
-
Sold On
-
MLS number
26640045
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 showcases a 'harmonious fusion of contemporary design and materials' with 'bespoke Italian kitchen' and 'spa-inspired bath retreat.' The images confirm a brand-new, high-end construction or a very recent, extensive renovation. All components, including the sleek, modern kitchen with integrated appliances and the luxurious bathrooms with marble vanities and sculptural tubs, appear virtually new, meeting the highest current quality standards with no signs of wear or deferred maintenance. The overall aesthetic, materials, and features align perfectly with the 'excellent' criteria.
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.
Unrivaled Location & Views: Nestled within the ultra-exclusive Point Dume enclave, the property offers commanding panoramic ocean views, including Malibu's legendary sunsets and unforgettable ocean vistas from the primary suite.
Exceptional Architectural Design & Craftsmanship: A masterwork of contemporary design, TerraLume features a harmonious fusion of high-end materials like board-formed concrete, curated stone finishes, floor-to-ceiling disappearing glass doors, and bespoke artisanal details such as handmade chandeliers and a custom Italian kitchen.
World-Class Resort-Style Amenities: The estate boasts extensive resort-style amenities, 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 with parking for up to 20 vehicles.
Private Beach Access: A highly coveted feature, the property offers private access to Little Dume Beach through the Riviera III beach key, enhancing its exclusivity and lifestyle appeal.
Grand Scale & Luxury Living: Spanning 2.25 acres with an 8,500 sq ft, 6-bedroom, 8-bathroom residence, the property provides voluminous open spaces, a dramatic double-height entry, and an opulent primary suite, epitomizing luxury living.

Cons

Extremely High Price Point: The nearly $20 million asking price places this property in an ultra-luxury niche, significantly narrowing the potential buyer pool.
High Maintenance & Operating Costs: A property of this magnitude, with 2.25 acres of grounds, an 8,500 sq ft residence, and extensive amenities like a large pool and guesthouse, will incur substantial ongoing maintenance, utility, and potential staffing expenses.
Specific Modern Aesthetic: While exquisitely designed, the contemporary architectural style with board-formed concrete and specific stone finishes may not appeal to all ultra-luxury buyers, potentially limiting market breadth compared to more universally appealing designs.
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