Point Dume Home Sells For $2.6m
9 May 2014 · by Mike Gardner Malibu Real Estate Agent 310-699-8428

A Point Dume home has finally been recorded with a sales price at $2.6m. The home, located on Dume Drive, came on the Malibu real estate market a few months back and instantly attracted the attention of dozens of buyers and it had multiple offers almost right away. On caravan, the place was overrun with agents trying to figure out which clients should get the first phone call to come and check it out.

What you should note about this sale is this…The house itself was only about 1400 sq.ft. but the lot was a good size with about 3/4 of an acre of flat and gently sloped land. The house could easily be added on too or could be downsized in to a guest house if a large house were to be built on the back portions of the lot.

So the new price point of a small house or ranch house on Point Dume is now at $2.6m …last year it was about $2m and we’re are talking about homes on Dume Drive. Small homes on the other prime streets, like Wildlife and Greyfox, are now even higher.

Here is what sold. From the MLS….

DESIGNER CHIC MALIBU HOME WITH UNLIMITED POTENTIAL TO CREATE YOUR OWN POINT DUME PARADISE. OPEN LIVING AT ITS BEST. BARN SLIDER DOORS THAT DEFINE AND DIVIDE SPACES, VERY HIGH CEILINGS, SOUTHERN EXPOSURE FOR PASSIVE HEATING AND COOLING, CONCRETE FLOORS, SALVAGED ARCHITECTURAL ELEMENTS IN KITCHEN AND BATHROOM. SMALL SEPARATE GUEST QUARTERS/OFFICE. BRING YOUR SURFBOARD BECAUSE THIS AMAZING POINT DUME HOME HAS RIVIERA BEACH RIGHTS! DROUGHT TOLERANT LANDSCAPING. THIS WONDERFUL PROPERTY GIVES YOU THE MALIBU EXPERIENCE.

Point Dume real estatemalibu point dumemalibu homesmaliburanch housepoint dume

The accuracy of all information, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Any information relating to a property referenced on this web site comes from the Internet Data Exchange (IDX) program of CARETS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. Listing courtesy Alyssa Pascucci / Prudential Malibu Realty

 

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