7160 Dume Drive, Malibu, California 90265, Malibu, 90265 - 6 bed, 9 bath
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Malibu, California 90265
This Expansive Mediterranean Estate is a Strong Value Opportunity, listed at $21,500,000—positioned well below the $23,500,000 Fair Market Value by 9%. This valuation gap provides $2,000,000 in Instant Equity. While maintaining a Fair Condition Rating, the 2+ acre Point Dume property features panoramic ocean views, a resort lagoon pool, and a tennis court. Located in the Santa Monica-Malibu Unified district, it offers immense potential for cosmetic personalization. This is an elite acquisition for Owner-Occupants or Luxury Renovators seeking a high-equity coastal sanctuary.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 7160 Dume Drive Subject | $21,500,000* List Price | 6 | 9 | 9,911 | $2,371 | - |
A 28837 Selfridge Drive Active | $21,500,000 List Price | 5 | 8 | 8,000 | $2,688 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1991, this luxurious estate is well-maintained and boasts world-class amenities. However, the interior, particularly the kitchen with its tiled countertops and honey-toned traditional cabinetry, and the primary bathroom with dark green marble and mirrored walls, are stylistically dated to the 1990s. The listing description itself suggests cosmetic updates are needed to personalize the 'seasoned home.' While functional, these key areas show signs of being outdated and would require significant investment to bring them to current luxury standards, aligning with the 'Fair' category's criteria for a home built 25-40 years ago with no major recent renovations.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 88860, living area = 9911.
Situated on 2+ acres in the heart of Point Dume, this estate offers breathtaking 180-degree promontory ocean and point views, capturing Malibu's impressive sunsets and coastal breezes.
The property boasts world-class amenities including a resort lagoon pool with hot tub, tennis/sport court, a fully equipped pool house with outdoor kitchen and living area, and a wine cellar, providing a luxurious lifestyle.
Described as a 'seasoned home' with an invitation to 'cosmetically update and personalize,' indicating that while well-maintained, some interior aesthetics may not align with the latest luxury design trends.
Built in 1991, the property is not new construction, which may imply that some systems or finishes, while functional, might not be as modern or energy-efficient as those found in recently built luxury homes.
While the description highlights coastal breezes, there is no explicit mention of a central air conditioning system, which could be a consideration for buyers accustomed to climate control in high-end properties.
Rare 2+ Acres Mediterranean Estate in the center of Point Dume. Impressive Ocean and Point Dume views from Catalina to the Western Sunset from most rooms and outdoor entertaining areas combine seamlessly with apx. 10,000 sq. ft. of sophistication and elegant design is perfectly sited. World class amenities include Gated Entry, Resort Lagoon pool with hot tub & water feature, tennis/sport court w/ equipment room, pool house w/outdoor kitchen, dining, bar, living area w/ fireplace, gated motor court with multiple parking spaces & guest parking, detached one bedroom guest house, and a wine cellar. This offering includes a 74,512 Sq Ft. main lot + an additional smaller 14,348 Sq. Ft. lot that connect to each other at the lower sports field where kids have the freedom to run and play or to accommodate larger events. At approximately 10,000 Sq Ft. the main residence features Public Rooms on the first floor and Private Family living on the second floor. Access the second level from one of two staircases to find an incredible Primary Suite featuring Coastline, Ocean, and Horizon Views, bath with steam shower, jetted tub, dual sinks and water closets, and dressing room. Completing this level are 3 additional bedroom suites with full ensuite bathrooms, a dance/yoga studio, and an executive office. On the first floor, rooms are expansive and the floor plan is thoughtfully set and positioned toward the views. The Great Room faces the Pool and a children's play area. Its features include eat-in dining, wet bar, wood burning fireplace, and breathtaking Point Dume & Ocean Views. At the heart of the home is a Gourmet Kitchen with breakfast nook and counter dining, full suite appliances, dual refrigerators, custom Scandinavian cabinets, and pantry and service areas both of which are nearby the formal and casual dining. Completing the lower level is an entertainment room with pool table and fireplace as well as full Maid's Quarters w/ ensuite bath & service entrance. This seasoned home is strategically positioned on this exceptional lot to take full advantage of Malibu's impressive Sunsets and coastal breezes. Move right in and enjoy, or take advantage of the current size of the home and its' layout to cosmetically update and personalize to make it your own. Text agent for a quick reply.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 6.0 | 4.0 | 91% |
| Baths | 9.0 | 4.0 | 95% |
| Square foot | 9,911 | 2,752 | 97% |
| Lot Size | 88,860 | 18,758.5 | 84% |
| Price | $21.50M | $3.77M | 98% |
| Price per sq ft | $2.2K | $1.3K | 86% |
| Built year | 1991 | 1979 | 72% |
| HOA | $0 | $0 | 50% |
| Days on market | 203 | 226 | 39% |
Mar 2, 2026
$21,500,000
$23,500,000
-9% Price Drop
Initial Listing
Oct 1, 2025
$23,500,000
Initial Listing
Jun 30, 2017
$11,500,000
Public Record
Jul 9, 1996
$5,075,000
Public Record