Point Dume (Pt. Dume), Malibu, California - Market Activity - Malibu Homes – Malibu Homes For Sale - Malibu Real Estate - 4Malibu.com

4Malibu.com

Bobby Lehmkuhl ׀ Danielle Dutcher

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POINT DUME, Malibu, CA

MARKET ACTIVITY

Point Dume - Known as the "Malibu Riviera" due to its panoramic ocean views and private beachfront estates. It is hands down, one of the most beautiful spots in Southern California, with its rocky coves, headlands, cliffs and vast beach access. On a clear day, one can see the entire Santa Monica Bay to the north Malibu Coast, and even Catalina Island, which can be enjoyed on the bluff-top viewing platform.

Many celebrities have called it home; Johnny Carson, Madonna, Sean Penn, Barbara Streisand, Martin Sheen and Bob Dylan, to name a few.

Appreciation has been steady for the residents and over the years the neighborhood has grown statelier as trees matured and landscaping softened the views. Most homes have deeded access rights and keys for one of the three private gates to lead to the beach, rights that are part of the tremendous appeal and value of the neighborhood, so valuable that the gates have to be re-keyed annually, under tight security.

Even in today's ever changing market, properties in Point Dume are still transferring ownership. Prices on select properties have dropped, allowing some of those who have only dreamed of owning here, actually be in a position to call Point Dume home.

Below is the market activity on Point Dume from the beginning of the year through today.

Address	Status	LP	SP	BR	BA	SF	LSZ
29201 Larkspur Ln.	Active	$1,970,000		5	3		27,443
29407 Bluewater Rd.	Active	$2,350,000		3	2	1,756	56,188
6915 Dume Dr.	Active	$2,393,000		3	2	1,808	57,935
7214 Birdview Ave.	Active	$2,995,000		7	6		27,878
6603 Dume Dr.	Active	$3,395,000		4	4	3,470	30,056
6805 Wildlife Rd.	Active	$3,800,000		5	4.5	6,091	36,817
29245 Ciffside Dr.	Active	$4,995,000		4	4.5	3,788	50,229
6574 Dume Dr.	Active	$4,997,000		5	4.5		72,745
7335 Birdview Ave.	Active	$5,840,000		5	6.5	6,957	20,063
6225 Zumirez Dr.	Active	$7,450,000		5	7	6,271	94,117
6835 Wildlife Rd.	Active	$7,495,000		6	9	8,254	61,846
29119 Cliffside Dr.	Active	$7,750,000		6	8.5	5,741	53,143
6725 Zumirez Dr.	Active	$7,900,000		4	3		46,174
28827 Grayfox St.	Active	$7,995,000		6	6.5	6,092	45,738
29149 Cliffside Dr.	Active	$8,900,000		6	8	8,242	52,708
7307 Birdview Ave.	Active	$10,500,000		4	3.5	4,502	47,300
7049 Birdview Ave.	Active	$12,995,000		5	7.5	6,397	45,738
6902 Wildlife Rd.	Active	$15,995,000		6	7	6,800	51,836
6837 Zumirez Dr.	Active	$17,495,000		4	4.5	4,209	55,757
6769 Dume Dr.	Pending	$2,675,000		5	3.5		60,984
6980 Dume Dr.	Pending	$4,395,000		5	5	3,522	44,431
6722 Fernhill Dr.	Sold	$1,995,000	$1,748,690	3	1.75	1,693	27,878
6637 Zumirez Dr.	Sold	$2,400,000	$2,200,000	4	2	1,900	22,499
29445 Bluewater Rd.	Sold	$2,595,000	$2,264,140	3	3		60,113
6769 Dume Dr.	Sold	$2,600,000	$2,120,000	3	3	2,576	54,450
28965 Grayfox St.	Sold	$4,499,000	$3,800,000	5	4.5	4,500	61,855
6934 Grasswood Ave.	Sold	$2,395,000	$1,900,000	4	3	2,344	44,867
6771 Wandermere Rd.	Sold	$2,295,000	$1,800,000	3	2.5		127,631
6692 Wildlife Rd.	Sold	$3,700,000	$3,300,000	5	5.5	4,600	60,426
7271 Birdview Ave.	Sold	$5,395,000	$4,700,000	4	3	2,942	33,000
28830 Cliffside Dr.	Sold	$15,750,000	$14,600,685	7	8	8,473	50,530
6843 Zumirez Dr.	Sold	$23,000,000	$16,500,000	5	8	3,649	51,836

Broker/Agent does not guarantee the accuracy of the square footage, lot size or other information concerning the conditions or features of the property provided by the seller or obtained from Public Records or other sources. Buyer is advised to independently verify the accuracy of all information through personal inspection and with appropriate professionals. Copyright © 2009 by Combined L.A./Westside MLS, Inc. Information deemed reliable but not guaranteed.

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For more information please email Bobby@4Malibu.com or call (310) 365-7696. 4Malibu.com State of California D.R.E. Broker License # 01457517