The Malibu Real Estate Blog

Another record asking price home has hit the Malibu market this week on Point Dume. The original condition, super-sized ranch house compound sits on little over an acre above a private beach and has endless views of the Santa Monica bay.

From the MLS below.
LIMITLESS COASTLINE VISTAS SEEM THE EXCLUSIVE POSSESSION OF THIS BREATHTAKING 1.1+/- ACRE BLUFF ESTATE CONSIDERED THE RAREST JEWEL IN THE COVETED CROWN OF MALIBU’S PRESTIGIOUS PT. DUME ENCLAVE, COMMANDING 220° VIEWS OF BUCOLIC PARADISE CODE.A CELEBRITY-STUDDED ENVIRONMENT OFFERING TOTAL PRIVACY, EXPANSIVE TERRACES AND POETIC GARDENS, FULL-SIZE TENNIS COURT, AND A UNIQUE ARCHITECTURAL RESIDENCE, QUIETLY ENSURES A CAPTIVATING AND TREASURED LIFESTYLE.DEEDED BEACH ACCESS BY PRIVATE, KEY CODED TRAIL.

Listed with Chris Cortazzo/Coldwell Banker

With this Point Dume home going into escrow on Selfridge somewhere around $2.5m, another house on Point Dume has smartly lowered it’s asking price from $3,200,000, then to $2,975,000, and finally to $2,750,000 making it a great price for an ocean view home on Dume Drive.

The home is listed with Brian Merrick/ Coldwell Banker

If you love doll houses, miss the Victorian Era, or are just plain ol’ looking for a distressed “good deal” within the Malibu real estate market, then this Point Dume house might be for you. The home is located on Grasswood near Point Dume Marine Science elementary school, has a beach key, an ocean view, over 7000 sq.ft. (apprx.), and a large yard. It originally came on the market at $8,500,000 but due to a divorce, and a need to sell, the owners have lowered the price to $5,495,000 with this description from the MLS…

“DIVORCE SALE! SELLERS EXTREMELY MOTIVATED. PHENOMENAL OPPORTUNITY. REDUCED OVER $3.0 MIL SINCE FIRST ON MARKET. OVER $1.25 MIL IN RECENT RENOVATIONS. EXQUISITE VICTORIAN W/DETACHED GUEST HOUSE ON GREAT PT. DUME STREET . BEAUTIFUL OCEAN AND CITY LIGHT VUS. VERY PRIVATE ON 1 ACRE OF LUSHLY LANDSCAPED GROUNDS. TRUE ESTATE PROPERTY OF UNCOMPROMISING QUALITY: INCL. GOURMET KITCHEN W/ LACORNEU STOVE, GRAND SECOND STORY MASTER, LUXURIOUS DINING/LIVING/BATH RMS, AND EXCEPTIONALLY APPOINTED GUEST SUITES!”
Call for other “deals” in Malibu 310 699 8428

The home is listed with Chris Cortazzo/Coldwell Banker

It’s not often that you see a house like this for under $3,000,000 on Point Dume in Malibu. 2 years ago this price got you a tear down ranch house. Here’s the low down. The house is completely remodeled, has a good size yard with a large lawn, an nice ocean view, is close to Point Dume Marine Science Elementary School, and best of all …..a beach key to a private beach. At $2,495,000 It’s a smoking deal! Call me for more information about “Malibu Real Estate”. 310 699 8428 

UPDATE>>>>IN ESCROW! There are other deals on the Point, including a few unlisted places!

 The house is listed with Lily Harfouche of Coldwell banker