Tag Archive 'Point Dume Homes For Sale'

Dec 17 2009

Point Dume Homes For Sale Still In Demand

Published by Malibu Real Estate under Uncategorized

Despite the downturn in Malibu real estate, Point Dume still remains in demand with numerous homes closing this past month including one listed for sale $7.5m. A large garden estate located on Wildlife Road recently became one of the larger numbers seen on a property not located on the bluffs. The home, close to the beach gate, was over 8000sq.ft. on roughly 1.5 acres. Other transactions were seen on Grasswood, Fernhill, and in the Point Dume Club. There are still numerous homes for sale on Point Dume but if you are looking for desperate sellers, you may need to shop in Lancaster. Email Me to request a list of Point Dume homes for sale.
Point Dume Homes For Sale

Listed with Mark Gruskin

No responses yet

Nov 30 2009

New Malibu Beach House Lease in Cove Colony

Published by Malibu Real Estate under Uncategorized

If you are looking to lease or rent a beach home on a private, guard gated street, this home on Malibu Cove Colony may fit the bill. Point Dume, Paradise Cove, Geoffrey’s, and Latigo can all be walked to from this beach house. $19,500 per month. Call for showings 310 699 8428

Listed with Isabell Miller and Shelly Yrigoyen PR Malibu

No responses yet

Sep 18 2009

Flurry Of Activity Hits Point Dume Real Estate Market

The inventory of Point Dume homes for sale shrank dramatically in the last few weeks with 5 homes going in to escrow and 2 selling. Signs of recovery? I think so! The team at the Malibu Real Estate Blog gets 6- 12 calls a month looking for deals, leases, unlisted, or soon to be listed Point homes . Aside from “beach bargains”, Point Dume is Malibu’s hottest real estate market at the moment. Call for an update on Point Dume 1 310 699 8428 or asked to be emailed the comps of the below mentioned homes.
From the MLS today….
6908 Dume Drive Looking For Back Ups
6769 Dume Drive Looking For Back Ups
6722 Fernhill Drive Pending
6805 Dume Looking for Back Ups
7022 Grasswood Pending
a home on Wildlife just closed escrow and so did a $20m home on Zumirez.

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Sep 07 2009

Malibu MLPA / MPA Facts You Should Know.

Published by Malibu Real Estate under Uncategorized

I normally don’t get in to politics but this one I can’t ignore.

I  am a fisherman and spear-fish in the local waters of Malibu an average of 5 times per month for the last 25 years. I enjoy bringing fresh seafood home from the ocean and look forward to the day I can teach my son how to fish. I love the fact that I know exactly where my fish comes from and that I don’t buy it from a market. I may not be an expert with a degree in Marine Biology but I do spend enough time underwater that I can tell you  that our local fish populations are healthy. One of my favorite fish is the White Sea Bass, which many years ago was a depleted fishery. Thanks to minimum size restrictions, limited take (only one fish per day most of the year), AND a hatchery program (run mainly by fisherman), the WSB has made an incredible recovery. I see massive schools of fish on most dives that I make and the world record  fish was taken in Malibu this year! This recovery happened because those who care most about the fishery  got involved and made sure that the resource would be there for them to enjoy. This was done with science and management. Those two things are what I most want to used to manage the local fisheries. The complete shut down of an area, which the MLPA crowd wants,  makes no sense to me at all.

As I was leaving the Chili Cook Off on Friday night a woman with an MLPA shirt asked me to sign a petition. I told her I would not sign it because it takes away my ability to fish in certain areas of Malibu. She then asked if I’d be ok with an exclusion of no take from motorized craft. I responded by saying, ” What about the grandpa who takes his grandson out once per year?  What good would it do to excluded him? Surely there are kayakers who spend 50 days on the water each year. How is that fair.” She didn’t respond but got upset and threw out this emotional, fear-laden statement…”You know shark populations are a ten percent!” “Oh yeah?” I say. ” Where are they ten percent? The whole world? Malibu? Which Species? Great Whites? All?” She got frustrated when I demanded facts she stormed off. Give me real data, not alarmist headlines. For example, if scientist were able to demonstrate that the halibut fishery was in danger from over fishing and not other environmental factors like acidifcation or pollution, than I’d be the first to pay a few extra bucks on a license that I knew went to a hatchery program, dropped the bag limit from 3 to 1, or raised the minimum size from 22 inches to 26 but not larger than 38 (slot size). .

The Marine Life Protection Act sounds really nice and I’m sure it makes people feel good that they are “protecting life” but let’s not ignore facts and lets use science, not emotion, to figure out what needs to be managed, not closed. Please take a moment to read the facts below and click the peer review article below to read.

Peer Review of Ecotrust MLPA Initiative Products
by Bonnie J. McCay, Ph.D. Caroline Pomeroy, PhD Kevin St. Martin, PhD
Coordinated by Barbara L. E. Walker, PhD

MLPA FACT SHEET

There are currently no depleted or endangered fish species in the area: When pressed, the  California Department of Fish and Game could not name one fish species that was depleted.

There is only one peer-reviewed scientific study produced by the MLPA science team: This study by Dr. Ray Hilborn shows that California’s fisheries are the second least exploited in the World, behind new Zealand. California and New Zealand are the only two that have substantially healthy fish stocks. The study recognizes that the fish stocks are recovering beautifully on their own through well managed size and count limits, and MPA’s are expensive, unproductive and unnecessary.

The plan ignores fisheries management as an effective tool for preventing overfishing: The array of reserves should not be a surrogate for fisheries management. If there is over-fishing, then the Department of Fish and Game is not doing its job.

The cost is unsustainable at the current estimate of $30-40 million: The State is essentially bankrupt. The Department of Fish and Game admits is currently does not have the resources to manage the huge array of closures. The net effect is that honest fishermen will stay out of reserves, but poachers will not.

Recreational fishermen that pay state license fees to fish for consumption should have the right to consume the best quality fish available to them: These closures appear to be designed to completely shut down fishing activities based on ideology instead of reasonable protection in view of social/economic impact to the public.

These closures, which occur underwater, will not increase tourism to the area since most tourists do not go on the water or in it to recreate except to fish: Swimmers, surfers, and boaters will never see any effects of these reserves, only fishermen and divers.

We as fishermen should not be expected to pay for the management of waters we have no access to: We will not pay for this alone, we expect that the funding must come from the general fund and the public as a whole.

None of the other contributors to habitat and fish declines besides fishing are addressed. Would it not make sense to investigate a few of these?

Water Pollution, Water Temperature Changes, Boat Anchoring, Resurgence of marine mammals, sea lions and sea otters, Ocean Acidification, Pollution from coastal streams, Pollution from Electrical plants and Desalination plants

By closing large areas to fishing, those areas that are not closed will receive more pressure thus causing the type of damage the act seeks to prevent. The proposed closures are the majority of excellent fishing areas. The same amount of fishermen will be crowded into areas with minimal habitat and fewer fish, damaging the already extremely fragile areas. This is counteractive to the goals of the MLPA. “When fishery management includes quotas, the use of MPAs will not reduce the volume of fish taken; it will only change the geographical distribution of the take. It does not require a complicated population model to know that the increase in biomass inside of MPAs will be roughly balanced by the decrease in biomass outside.”

This one is the graph from Dr Ray Hilborn’s co-authored study. This is from the only peer reviewed study in the entire MLPA process, and as you can see it says that CA has an extremely low exploitation rate. The exploitation rate in California is second only to New Zealand. Published in ScienceMag.Org

hilborn1


8 responses so far

Aug 03 2009

Biggest Malibu Price Chop In History?

Published by Malibu Real Estate under Uncategorized

Zumirez Home
A very unique Malibu home has sold and well below it’s original asking price. The one of a kind home located at the end of Zumirez on Point Dume came on the market at $27,500,000 back in December. It was reduced to $23,000,000 and it closed a few days ago for $16,500,000! That’s a serious chop of $11,000,000! The house may have been listed high in hopes that Ms. Streisand, who owns multiple lots next to the property, would make a run for it but it appears she has passed on it. The home sits on a rare bluff parcel but was considered by many to be a “scraper” and in pretty rough shape.
The home was co listed with Chris Cortazzo of Coldwell Banker

3 responses so far

May 07 2009

Another Great Deal On Point Dume With Beach Key

Published by Malibu Real Estate under Uncategorized

Thursday Update. The home is in escrow! Price reductions like that don’t last long. Call me from other deals on Point Dume and be ready to strike when you see big price reductions!

I’ve personally been to this house several times and love the open floor plan and high ceilings. The beach is a short, 3 minute drive on a golf cart, there’s a good sized back yard, and near Point Dume Marine Science elementary school. The price has been reduced and someone is likely to secure a great Point Dume property at a fair price.

From the MLS
Charming spanish residence located in a great neighborhood in Point Dume. Massive frontage on 1.61 lush acres. New kitchen with top of the line appliances opens up to living room and dining area. Awesome green belt and mountain views give this property an expansive and wide open feeling. This 4bd home has high ceilings, gorgeous wood and tile floors, and large courtyards. Priced to sell! Private Deeded Beach Rights included! Listed for $2,975,000. Reduced to $2,275,000. A great deal on Point Dume!

Point Dume Real Estate

Point Dume Real Estate

Point Dume Real Estate

Point Dume Real Estate

The home is listed with Matt Rapf on Point Dume.

No responses yet

Mar 21 2009

Smoking Deal on a Point Dume Condo with Beach Key. Bank Owned. Surf Report From Your Living Room!

Published by Malibu Real Estate under Uncategorized

Update! Unit went in to multiple offers right away. Beach Key and Whitewater views are hard to resist at that price! I will publish the final closing price when it comes out. Be ready to pounce on the next great deal!

A new listing has hit the Malibu Real Estate condo market this week and if it closes at anything near its asking price, other sellers may need to rethink their asking price. The 2 bedroom condo on Heathercliff was originally purchased in 2006 for $850,000 and has been listed this week for $427,900. Yes, almost a half-off sale and likely to upset many nearby condo owners when it becomes a comp. I showed the property this morning. It was surprisingly clean and had white water views of Zuma beach. Good enough views that your surfing buddies will be calling to get the early morning swell report from you. Other bonuses include a beach key, walking distance to Lilys Burrito Shop, Pavillions, and Zuma Beach. The unit is bank owned and likely to sell fast. Call for more info 310 699 8428
Point Dume Condo
Listed with Robert Glinert Coldwell Banker

No responses yet

Dec 18 2008

Rare Point Dume Property For Sale at $27,500,000

Point Dume Real Estate Search

Click this link to be taken to an MLS search for condos, mobile homes, and estates for sale on Point Dume.The user id is x55032 and the password is dume

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

4 responses so far

Nov 21 2008

Impressive Price Reduction on a Point Dume Craftsman Home

It’s not often that I see an amazing Point Dume home for sale with an equally impressive price reduction. The  home at 6815 Dume Drive was originally listed at $6,550,000 and last week saw a $1,555,000 reduction! It is now listed at $4,995,000. I have to commend the seller and agent for getting aggressive with the price, the smartest move in today’s rapidly changing market place.  The 5 bedroom, 5.5 bath home is one of the best examples of the craftsman style in all of Malibu and sits on 2.75 acres. Beach rights are included and Point Dume Marine Science is right down the street. Call for a showing! 310 699 8428

 The home’s website can be viewed here. www.ptdumecraftsman.com

If you enjoy reading about Malibu Real Estate, please subscribe to my RSS feed!

 

point dume home

point dume home

The home is listed with Susan Monus of Coldwell Banker.

One response so far

Jul 20 2008

Another Big Price Reduction…..Point Dume Home For Sale Now Under $3,000,000

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

No responses yet

Jul 11 2008

Point Dume House With Five Price Reductions!

Point Dume Real Estate Search

Click this link to be taken to an MLS search for condos, mobile homes, and estates for sale on Point Dume.The user id is x55032 and the password is dume

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

Point Dume House

The home is listed with Chris Cortazzo/Coldwell Banker

No responses yet

Jun 24 2008

Great Malibu Real Estate Deal On Point Dume…. with a Beach Key!

Published by Malibu Real Estate under Uncategorized

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!

08-276065-1.jpg

 The house is listed with Lily Harfouche of Coldwell banker

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Mar 08 2008

A new record! $150,000 per month for a Malibu lease! Is $200,000 per month next?

Published by Malibu Real Estate under Uncategorized

The gilded age continues! For $150,000 per month, with a two month minimum, you can rent the ultimate get away house. The home, located on Cliffside Drive on Point Dume, has 4 bedrooms and 8 baths with enough interior space to park a few Gulf Stream V’s. There is a  direct trail to the beach and you can run around the property naked if you please because you will have total privacy. You are going to have to cough up a nice security deposit of $300,000 which means you’d better be ready  to cut a check for $450,000 to move in for the first month.  Let’s work with smaller numbers ya’ll can grasp. It’s only $200 per hour or $5000 per day. Considering that the Presidential Suite at Shutters in Santa Monica is $3500 per night, renting this for a mere $1500 more  makes sense, right?. Why rent a room in a hotel when you can rent a Mansion? The only downside to staying here is that you can’t walk outside and buy fake sunglasses or watch guys in Dolphin shorts skating on the Venice Boardwalk. Oh well. 

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 The home is listed with Chris Cortazzo of Coldwell Banker

2 responses so far

Feb 18 2008

Malibu’s newest High-End listing asking a record price for Birdview Street at $25,000,000

While the under $3,000,000 luxury market for homes seems to be slowing down, the growing demand for high-end finished products within the Malibu real estate market continues to be met with new homes such as this one with a listing price of $25,000,000.  This stunning East Coast traditional is situated on the cliffs of Point Dume with a breathtaking view of the Pacific Ocean.  The home sets a new record asking price for this section of ocean view bluff located on Birdview Street and will most likely elevate the value of all the neighboring properties when a sale is finalized. Competing for high-end buyers are two other listings: 7049 Birdview at $19,950,000 and 7307 Birdview at$11,250,000.  The highest sales price achieved on Birdview closed around $13,000,000.
The home was built by Albino Construction, known for building the highest quality homes that are frequently purchased by buyers from the entertainment industry.  It features 7 bedrooms and 11 bathrooms with 8756 Sq. Ft. on little over one acre of prime Malibu soil. There is an infinity edge pool, expansive ocean views, and direct beach access via a private gate with your own path to the sand. If you love the homes in the Hamptons, the weather in Southern California, and can afford to buy a small, private island, then you’ve found your perfect home in highly sought after Malibu. 

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 Listed with  Chris Cortazzo of Coldwell Banker Malibu

 

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