Point Dume Homes For Sale 1 310 699 8428

A new listing hit the Point Dume real estate market last night. The Point Dume home for sale is located at 6782 Dume Drive and is asking $2,350,000 with 4 bedrooms and 3 bathrooms. The home has excellent ocean views and beach keys to Riveira 3. It also has a guest house for additional income if needed!
From the MLS “PRISTINE MEDITERRANEAN POINT DUME HOME FOR SALE WITH PANORAMIC OCEAN AND COASTLINE VIEWS. 3BD+ OFFICE, 2BA MAIN HOUSE, PLUS 1BD, 1BA DETACHED GUEST HOUSE. AN EXCEPTIONALLY LIGHT, OPEN AND WARM RESIDENCE WITH WONDERFUL INDOOR/ OUTDOOR FLOW. EXPANSIVE GRASSY FRONT YARD WITH MESMERIZING OCEAN VISTAS AND BUILT IN SPA. SPACIOUS LIVING ROOM AND DINING ROOM WITH HIGH CEILINGS. BRIGHT AND SUNNY KITCHEN WITH WINDOWS FRAMING THE COAST. AN EXCEPTIONAL HOME AT AN EXCEPTIONAL PRICE! INCLUDES COVETED RIVIERA 3 BEACH KEYS.”
CALL 310 699 8428 FOR A SHOWING.

Two more Point Dume homes for sale have found themselves heading towards a recording date at the county.
The first Point Dume home came on the market in July of 2011 and is located at 6702 Wildlife Road. It’s status is now showing as “Backup” in the MLS meaning that a deal is under way. The home is asking $2,500,000 and had the option of obtaining another parcel with it. From the MLS “Tenant occupied (Please do not disturb) House with Certificate of Compliance and Little Dume Beach membership. The house on one lot only at this price. Buy both for $3,650,000. total. The vacant flag lot which has it’s own beach membership and C of C is available seperately concurrently for $1,150,000. These lots were lot line adjusted and the Cof C’s issued in 1988 but were just remapped and renumbered by the Assessors office. The original APN’s were 4466-004-032 and 033. The New APN’s are 4466-004-039 and 040. The new map is in additional photos. Buyer shall cooperate with Seller’s 1031 exchange at no cost to Buyer. Shown by appointment only please. Survey just completed and corners staked. Topo available soon. Sorry,No photos! Listed by Terry Lucoff Coldwell Banker

The other Point Dume Home for sale heading to “backup” status should come as great news to all the owners of ranch homes with it’s asking price of $3,850,000. The simple, one story home sits on a large lot with many possibilities to build the site out. From the MLS “IMMACULATE RANCH STYLE HOME SITUATED ON 1.3 FLAT ACRES WITH 96 FEET OF PRIVATE FRONTAGE ON WILDLIFE ROAD, WITHIN WALKING DISTANCE TO THE BEACH. BEAUTIFULLY REMODELED 4 BEDROOMS + 2.5 BATHS, WITH NEW KITCHEN AND HARDWOOD FLOORS. THE HOME BOASTS AMAZING CANYON VIEWS WITH THE UTMOST PRIVACY AND DEEDED RIGHTS TO RIVIERA II BEACH ACCESS EASEMENT AND LITTLE DUME BEACH. THE PROPERTY HAS COMPLETED PLANS AND COASTAL PERMITS TO CONSTRUCT A BRAND NEW 6,200SQ. FT., 5 BEDROOM + 6 BATH, CONTEMPORARY MEDITERRANEAN HOME AND POOL BY ROBERT RAMIREZ, AIA.

Listed by Chris Cortazzo of Coldwell Banker

Point Dume has been one of the most active areas within the Malibu real estate market. Dozens of Point Dume homes have sold in the 18 months and several more are expected to close soon. If you would like a list of Point Dume homes sent to you just click this Point Dume Home List

There is a Point Dume condo for sale that is so unique I’m tempted to start a new game called the “Guess the number of Buddhas in this condo?”

Before you start counting Buddhas,  there is one other fantastic thing worth mentioning about this Point Dume condo: The unit was once owned by a Malibu’s most famous female lifeguard….Pam Anderson!

Before the current owner, she created a very personalized master bathroom in which the bather could be the evening’s entertainment viewed from anywhere in the master bedroom.  This bathroom has a spa tub with a nearby viewing platform (the bed) and  Roman cistern that one could pose naked next to pretending to fill the tub with recently fetched well water. Post-bath, one could saunter over to the fully exposed overhead shower with a faux finished rock grotto floor with no walls . . . just a curtain that looks like it was designed to be pulled shut in emergencies — like when  kids come walking in. The overall theme seems to be possibly influenced from a trip to Medieval Times with fake castle-style block walls and diamond patterned stenciling.

Back to the Buddha game. The first person that guesses the number closest to the right answer is going to win a custom-printed Malibu photograph. 
Email you answer

So if you are looking for a condo on Point Dume that was once owned by a famous celebrity, can claim it has a “sexy” master bathroom with naughty bathing grotto, and has more cosmic karma than Sedona at summer solstice, then you may have just found your next home on Point Dume

All commentary aside (couldn’t resist) here is the low down….. I showed this place a few times and it’s a well priced condo on Point Dume with some very nice upgrades. While the bathroom will likely need a remodel, the floors and finishes in the rest of the house have had a lot of money  put in to them. The kitchen has nice cabinets and newer appliances. The distressed wood floors are like the type you see in higher end homes around Malibu. There is even a room that could easily become a third bedroom. Best of all you get a beach key to the private beaches of Little Dume and rentals in this complex run about $3500 per month if you are looking for an investment property.

Call 1 310 699 8428 for a showing. These units don’t come up to often and are considered by many to be the nicest units available on Point Dume. Someone is going to get a great deal!

One of the unique things about investing in Point Dume real estate is that many of the homes have deeded beach rights but some do not. The value of a home that does have beach rights to the private beach can easily be worth 20% more that a similar home just a few doors away the doesn’t have the rights.
One way that some buyer’s a dealing with this is by purchasing a home without the beach rights then going and buying a condo with beach rights as a rental unit.
Condos on Point Dume can be purchased from about $500k to $1m and are easy to rent out to professionals or students. There is one unit in a nice complex right now that can likely be purchased for about $700k and will fetch about $3500 a month.
Homes without beach rights have been heading in to the $1.5m range for what we call “simple ranch houses” from the early 60′s.
Call me direct to discuss any aspect about Point Dume. 310 699 8428 Michael Gardner
Click here to search for all Point Dume homes for sale

So here is my pick for the possibly the best deal ever offered within the Point Dume real estate market. First, let me be up front about a few things. This is a short sale and don’t surprised if you find yourself pulling your hair out wondering when the bank may respond to your offer. The house sits on a flag lot with little room for parking, has a very small yard, and is stuck in a 70′s time machine. There’s a beveled wood bar that stands near a floor to ceiling rock fireplace, and a kitchen that probably once had an avocado green fridge to complement the crayola brown range and oven. So to be blunt…it’s an outdated fixer on a tough lot.

If you haven’t been turned off yet then let me get to what’s great about this Point Dume home. First, it has a really great view. I’m talking all of Santa Monica Bay and the even the coastline lights at night. Next, it’s $1.3m and that’s the best price I’ve ever seen within the Point Dume real estate market. Also, it has a beach key. Need I say more? I will. It has a tenant in place and has rented out between $4500 and $5800 per month in the past. Do the numbers and then call me for a showing 310 699 8428 even if you want to discuss any other real estate needs on Point Dume.

There is a lot to talk about in this Point Dume real estate update. In the last 3 months the number Point Dume homes for sale has climbed to it’s highest level in years. There are 29 listings and that’s not counting the Point Dume mobile home club where you can score a coach on wheels for under $500k. There is a ton of inventory in the $2m -$2.8m range and are mostly older ranch homes on good sized lots with a few nicer homes in the mix.
Here are a few notable homes for sale….
There is one short sale at $1.3m and let me just get straight to the point….it’s possibly the most un-attracive house on Point Dume BUT it also may be the cheapest house you’ll ever have the chance of purchasing with a beach key and GOOD ocean view. I wrote an article about it on the Malibu real estate blog. There is also a $44m offering that includes a second house on the point that is an auto museum and storage facility with a stable of Italian and German exotics.
Now some sale news. There have been a several high end transactions on the Point and some that never were even in the MLS. Here is a list of what has sold in the last 5 months that was in the MLS.
28873 Selfridge Sales Price $2,088,000
7064 Fernhill SP $4,500,000
6614 Dume Drive SP $2,400,000
6728 Wildlife SP $2,075,000
6957 Whitesands SP$9,000,000
7331 Birdview SP $2,850,000
Also in escrow as I write this
6737 Wildlife Asking $3,850,000
29351 Bluewater Asking $1,725,000
Email Me to get a current list of all homes and condos for sale on Point Dume or call 310 699 8428.

A new listing has hit the Point Dume real estate market. The home for sale, located at 6957 Whitesands Place,  is located right above the shores of Little Dume and has great whitewater views. The home has a few uniques features such as 10 fireplaces and 30 foot tall ceilings! Asking price is $13,500,000

From the MLS “ MAGNIFICENT POINT DUME BLUFF ESTATE. GRAND VOLUME AND SCALE ATOP MALIBU’S PREMIERE BEACH LOCATION! RARE PRIVATE WALK PATH TO BEAUTIFUL LITTLE DUME BEACH. SENSATIONAL MASTER SUITE WITH WHITEWATER VIEWS TO THE SURF BREAK. GOURMET KITCHEN WITH DUAL PROFESSIONAL OVENS INCLUDING WOLF BAKER’S OVEN. STATELY GREAT ROOMS WITH TOWERING 30′ CEILINGS. 10 FIREPLACES THROUGHOUT THE HOME. WINE CELLAR, LIBRARY, OFFICE(S), ARTIST’S LOFT, MEDITATION ROOM, AND FULLY EQUIPPED GUEST WING. THIS PROPERTY HAS IT ALL INCLUDING EXOTIC TROPICAL LANDSCAPING, A WATERFALL, GAZEBO, SWIMMING POOL AND SPA. ALL AT A PHENOMENAL VALUE FOR THIS COVETED LOCATION.”

Listed with Mark Gruskin/ WEA

A new “mega listing” has hit the Point Dume real estate market within the last couple of days. The home for sale, located on 6970 Wildlife Road, has been listed at $28,500,000 and sits on just about one flat acre. Located less then a few hundred feet away is a private trail leading down to Little Dume beach. If it sells anywhere close to the asking it will set a new record for a bluff top home on Point Dume. Call for a showing 13106998428.

From the MLS “ ONE OF MALIBU’S MOST EXTRAORDINARY ARCHITECTURAL ESTATES LOCATED ON A CUL DE SAC ON DESIRABLE POINT DUME. A “SMART” HOUSE W/STUNNING FLOOR TO CEILING GLASS AND VIEWS FROM EVERY ROOM. OPEN KITCHEN, IMPRESSIVE LARGE LIVING ROOM AND BEAUTIFUL MASTER SUITE W/BALCONY. THIS TRULY SPECTACULAR PROPERTY ALSO OFFERS A BLUFF TOP OCEAN VIEW POOL. LIGHTED NORTH/SOUTH TENNIS COURT AND BEACH RIGHTS TO COVETED LITTLE DUME PRIVATE BEACH.”

Listed with Chris Cortazzo

The has been several new interesting things to mention about Point Dume homes for sale over the last few weeks. The market heats up again with these listings below!

6728 Wildlife was the fixer that went to probate court to see if anyone would bid over the accepted offer…….no one showed up so somewhere above $2,000,000 got the job done. Several locals and agents were surprised that no one showed up to bid the house higher but the home had some challenges.

28925 Cliffside Drive came on the market a few days ago for $3,970,000. From the MLS “BEAUTIFUL HAMPTONS STYLE HOME ON THE POINT. SHORT WALK TO PRIVATE BEACH AT END OF STREET. NEW KITCHEN AND UPGRADED BATHS, LARGE FAMILY ROOM. GREAT OPEN FLOOR PLAN. OVER 1 ACRE OF MATURE, LANDSCAPED YARD WITH SWIMMING POOL, SPA AND PADDLE TENNIS COURT. BEACH KEY.”

28873 Selfridge hit the market about two weeks ago and already has an offer on it. It is now showing as looking for backups in the MLS. The home last sold in 2008. From the MLS “ CLASSIC AND ELEGANT POINT DUME HOME WITH BEACH KEY. ENTIRE HOME FINISHED AN EXTENSIVE REMODEL. THIS HOME IS A DREAM FOR ENTERTAINING AS ALL ROOMS HAVE WALLS OF GLASS AND CUSTOM MADE WOODEN DOORS THAT LEAD OUT TO A GORGEOUS COVERED AND UNCOVERED PATIO AND SPILL OUT ONTO AN EXPANSIVE AND BEAUTIFULLY MANICURED GRASS LAWN. THE PATIO HAS A SPA AND BUILT IN BARBECUE AND DINING AREA. FROM YOUR BACKYARD AND NEARLY EVERY ROOM IN THE HOUSE YOU ARE ABLE TO SEE THE BEAUTIFUL QUEEN’S NECKLACE OCEAN VIEW.”

Listed with Lily Harfouche

28995 Selfridge also is now looking for backups. The home recently had a price reduction for $4,295,000 to $3,995,000 and that’s likely what trigger the offers. From the “MLS POINT DUME WITH BEACH RIGHTS. COMPLETELY REMODELED, GATED SPANISH ESTATE ON 1+ ACRE. CUSTOM GOURMET CHEF’S KITCHEN WITH IN ROOM DINING FOR UP TO 12, HANDSCRAPED, DISTRESSED HARDWOOD FLOORS, ENORMOUS GREAT ROOM WITH FURNITURE QUALITY BUILTINS AND SECOND FULLY EQUIPPED KITCHEN OPENING ONTO SPRAWLING GREEN LAWNS, COURTYARD WITH FOUNTAIN, POOL, SPA, AND LIGHTED TENNIS COURT. LARGE OFFICE WITH SEPARATE ENTRANCE, BATH, AND PRIVATE PATIO. MASTER SUITE OCCCUPIES ENTIRE SECOND FLOOR AND INCLUDES A COZY SITTING AREA WITH FIREPLACE AND WRAP AROUND BALCONY. PROPERTY LAYOUT COULD LEND ITSELF TO TWO SEPARATE LIVING AREAS IF DESIRED. AGENT’S HOME.”

Listed with Vicky Helman

A very significant property located on Point Dume hit the market in the last few days. Located at the end of Cliffside, the apprx. 1.25 acre, bluff top estate came on the market at $11,995,000. The home sits on a large lot that is narrow on the street side and widens to the beach side bluff. The traditional style home is dated and will likely need a major remodel or be scrapped. The transaction will have some challenges, as well. It is owned by UCLA and to submit an offer you place your non-contingent bid in an envelope where it will be opened with all other bids on a specific date by a board of regents. There are geology reports available and they’ll need to be carefully researched as this property has a portion of the home just inches from a 100 foot cliff. There have been several geological events in the last few years where portions of the bluff have fallen off, but that’s the nature of these bluffs and why we have setbacks determined by the city.
Even with the challenges, a property like this rarely hits the market and is worth a look by anyone in the market for a Point Dume property.