NOT LISTED FOR SALE

6930 Dume Dr Malibu, CA 90265

Estimated Value: $5,206,000 - $14,970,424

8 Beds
7.5 Baths
7,683 Sq Ft
$1,313/Sq Ft Est. Value

Last Sold October 18, 2023

Last sale price $15,360,000 $1,999 Per Sq Ft

Est. 34% decrease in value since last sale

Current estimated payment $67,520/month

146 Days on Market

Highlights

  • Ocean View
  • Detached Guest House
  • Pool House
  • Malibu Elementary School Rated A
  • Tennis Courts
  • Gourmet Kitchen

About This Home

As of October 2023

Welcome to 6930 Dume Drive, a stunning Spanish masterpiece nestled in the prestigious Point Dume enclave, known for its luxurious beachside living and extraordinary real estate. This enchanting oasis, privately tucked away on a gated, level acre, reveals breathtaking, unobstructed panoramic views of the Santa Monica Bay, gracefully stretching from Malibu to Palos Verdes. The estate's Mediterranean-inspired architecture, originally envisioned by Doug Burdge AIA, has been masterfully reimagined by Lady Michael McCraine, who has also expertly updated the interiors, resulting in a sophisticated and polished retreat. Upon entering through the private gates and winding down a tree-canopied driveway, you'll discover a sanctuary designed for the discerning entertainer. The meticulously curated floor plan seamlessly integrates a northern living wing and a southern sleeping wing, united by a striking entry and an opulent living room that overlooks the pristine swimming pool, spa, tennis court, fire pit lounge, and the majestic Pacific Ocean beyond. Spanning an impressive 7,683 square feet, this extraordinary residence features 6 bedrooms and 5.5 baths within the main house, 3 wood-burning fireplaces, and a luxurious chef's kitchen with La Cornue range and Calacatta Turquoise marble sourced from the esteemed Breccia Capraia quarry in Italy. The sleeping wing comprises 4 bedrooms on the lower level, while the upstairs primary suite boasts spacious his and her closets, a lavish bathroom bathed in natural light from the 20-foot ceilings and two skylights, and a private deck, perfect for embracing the sunrise of a new day. Golden light elegantly dances through the living wing, casting captivating shadows and imbuing each space with warmth and luminosity, enhanced by the east/west-facing French doors, windows, and generous skylights. This wing seamlessly unites the exquisite kitchen, dining room, and welcoming family areas with a charming loft-style office, embellished with a fireplace and private deck, offering an ideal sanctuary for contemplation and creativity while basking in ocean views. Moreover, the sixth bedroom and bath, intelligently designed with a separate entrance for increased privacy, are flawlessly integrated into this refined arrangement. The estate's two distinct guest homes artfully strike the perfect equilibrium between privacy and accessibility, offering versatile options. The garden guesthouse features a living room and separate en suite bedroom, while the tennis casita currently serves as a massage studio and gym. The much-loved and esteemed front yard serves as a versatile oasis for a range of activities, be it perfecting soccer, archery, or badminton techniques, delighting in the playset, unwinding on the lush green grass, or meditating on the deck amidst the eucalyptus grove, where the gentle rustling of leaves creates a soothing ambience, all encircled by towering 50-foot trees. Embark on an odyssey to the zenith of serene living at 6930 Dume Drive, where captivating ocean views, impeccable design, golden sunlight, and an abundance of amenities coalesce in a symphony of sophistication. Seize this rare opportunity to own one of Malibu's most distinguished homes and let it become the canvas for your own personal sanctuary.

Last Agent to Sell the Property

Michael McCraine

Compass License #02095597 Listed on: 04/24/2023

Compass

Last Buyer's Agent

Michael Cunningham

Pinnacle Estate Properties License #01291455

Pinnacle Estate Properties

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1958 | Remodeled

Lot Details

  • 1.06 Acre Lot
  • Lot Dimensions are 127x360
  • Gated Home
  • Drip System Landscaping
  • Property is zoned LCRA1*

Parking

  • 6 Open Parking Spaces
  • 2 Car Garage
  • Porte-Cochere
  • Gravel Driveway
  • Automatic Gate

Property Views

  • Ocean
  • Coastline
  • Woods

Home Design

  • Spanish Architecture
  • Clay Roof

Interior Spaces

  • 7,683 Sq Ft Home
  • 2-Story Property
  • High Ceiling
  • Skylights in Kitchen
  • Gas Fireplace
  • Double Door Entry
  • French Doors
  • Great Room with Fireplace
  • 3 Fireplaces
  • Living Room with Fireplace
  • Formal Dining Room
  • Den
  • Loft
  • Fire Sprinkler System

Kitchen

  • Gourmet Kitchen
  • Walk-In Pantry
  • Double Oven
  • Range
  • Warming Drawer
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 8 Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet
  • Powder Room
  • Double Vanity
  • Low Flow Toliet

Laundry

  • Laundry Room
  • Dryer
  • Washer

Pool

  • Pool House
  • Heated In Ground Pool
  • Heated Spa
  • In Ground Spa
  • Pool Cover

Outdoor Features

  • Tennis Courts
  • Balcony
  • Covered Patio or Porch

Additional Homes

  • Detached Guest House

Utilities

  • Air Conditioning
  • Central Heating
  • Water Purifier
  • Water Conditioner
  • Septic Tank

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 4466-015-018

Home Details

Home Type

Single Family

Year Built

Built in 1958 | Remodeled

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Spanish
  • Levels: Two
  • Street Number Display: Yes
  • Living Area: 7683
  • Lot Acreage: 1.0552
  • Lot Dimensions: 127x360
  • Planned Urban Dev: 0
  • Property Condition: Updated/Remodeled
  • Stories: 2
  • Year Built: 1958
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Living Room, Great Room, Gas
  • Flooring: Tile, Hardwood
  • Appliances: Double Oven, Range, Warmer Oven Drawer
  • Bedrooms: 8
  • Fireplaces: 3
  • Full Bathroom: 7
  • Half Bathroom: 1
  • Bedroom Features: Master Suite
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Bathroom Features: Double Vanity(s), Low Flow Toilet(s), Powder Room
  • Three Quarter Bathrooms: 0
  • Eating Areas: In Kitchen, Formal Dining Rm
  • Kitchen Features: Gourmet Kitchen, Remodeled, Skylight(s)
  • Laundry: Room
  • Maids Room: 1
  • Total Bathrooms: 8.00
  • Equipment: Dishwasher, Dryer, Garbage Disposal, Water Purifier, Water Conditioner, Washer, Range/Oven, Refrigerator
  • Fireplace: Yes
  • Price Per S Q F T: 2297.28

Exterior Features

  • Other Features: Balcony, High Ceilings (9 Feet+), French Doors, Double Door Entry
  • Other Structures: GuestHouse, Pool House
  • Tennis Court: Private Tennis Court
  • Tennis Court Y/N: Yes
  • Guest House: Detached
  • Pool Description: Heated, Pool Cover
  • Pool: Yes
  • Roof: Clay
  • Spa: Heated, In Ground
  • Spa Yn: Yes
  • View: Coastline, Ocean, Trees/Woods
  • View: Yes

Garage/Parking

  • Garage Spaces: 2
  • Other Spaces: 6
  • Covered Parking: 1
  • Parking Garage: Auto Driveway Gate, Porte-Cochere, Driveway - Gravel, Garage - 2 Car
  • Total Parking: 9

Utilities

  • Cooling: Air Conditioning
  • Heating: Central
  • Security: Automatic Gate, Fire and Smoke Detection System, Gated
  • Sewer: Septic Tank

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Sprinklers: Drip System
  • Assessor Parcel Number: 4466-015-018
  • Lot Size Area: 45964

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 24, 2023
Closed on
Oct 10, 2023
Sold by
6930 Dume Drive Llc
Bought by
Pacific Dume Llc
Seller's Agent
Michael McCraine
Compass
Buyer's Agent
Michael Cunningham
Pinnacle Estate Properties
List Price
$17,650,000
Sold Price
$15,360,000
Premium/Discount to List
-$2,290,000
-12.97%
Views
949
Current Estimated Value
$10,088,212

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$5,271,788
Avg. Annual Appreciation
-17.25%
Original Mortgage
$7,000,000
Outstanding Balance
$6,830,592
Interest Rate
6%
Mortgage Type
New Conventional
Estimated Equity
$3,257,620

Purchase Details

Listed on
Mar 5, 2020
Closed on
Sep 18, 2020
Sold by
Osborn Simon Gerald and Jahant Osborn Sundae
Bought by
6930 Dume Drive Llc
Seller's Agent
Cherie Iseppi
Christie's International Real Estate SoCal
Buyer's Agent
Michael McCraine
Compass
List Price
$9,950,000
Sold Price
$9,347,000
Premium/Discount to List
-$603,000
-6.06%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.01%

Purchase Details

Listed on
Apr 15, 2013
Closed on
Apr 16, 2014
Sold by
Harper William
Bought by
Osborn Simon Gerald and Jahant Osborn Sundae
Seller's Agent
Chris Cortazzo
Compass
Buyer's Agent
Thomas DiBartolo
List Price
$7,850,000
Sold Price
$7,375,000
Premium/Discount to List
-$475,000
-6.05%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.77%
Original Mortgage
$4,900,000
Interest Rate
3.5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Feb 2, 2011
Sold by
Simplicio Francesco and Adey Jones Del
Bought by
Harper William and 6930 Dume Drive Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,100,000
Interest Rate
3.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 2, 2007
Sold by
Gorden Glenn and Gorden Jacklyn
Bought by
Simplicio Francesco

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,700,000
Interest Rate
6.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 1, 1994
Sold by
Preece Michael C and Preece Evelyn T
Bought by
Gorden Glenn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,100,000
Interest Rate
8.65%
Source: Public Records
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Purchase History

Date Buyer Sale Price Title Company
Pacific Dume Llc $15,360,000 Lawyers Title
6930 Dume Drive Llc $9,347,000 Priority Title Company
Osborn Simon Gerald $7,375,073 Fidelity National Title Co
Harper William $3,980,039 Equity Title Co
Simplicio Francesco $4,800,000 Stewart Title Company
Gorden Glenn $1,731,000 Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pacific Dume Llc $7,000,000
Previous Owner Osborn Simon Gerald $4,900,000
Previous Owner Harper William $1,100,000
Previous Owner Simplicio Francesco $2,700,000
Previous Owner Gorden Glenn $1,100,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/18/2023 10/18/23 Sold $15,360,000 -13.0% $1,999 / Sq Ft
09/17/2023 09/17/23 Pending -- -- --
04/24/2023 04/24/23 For Sale $17,650,000 +88.8% $2,297 / Sq Ft
10/19/2020 10/19/20 Sold $9,347,000 -6.1% $1,235 / Sq Ft View Prior Sale
09/30/2020 09/30/20 Pending -- -- --
03/05/2020 03/05/20 For Sale $9,950,000 +34.9% $1,314 / Sq Ft
05/23/2014 05/23/14 Sold $7,375,000 -6.1% $951 / Sq Ft View Prior Sale
05/09/2014 05/09/14 Pending -- -- --
04/15/2013 04/15/13 For Sale $7,850,000 -- $1,013 / Sq Ft
Source: The MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $177,233 $15,667,200 $11,479,488 $4,187,712
2024 $177,233 $15,360,000 $11,254,400 $4,105,600
2023 $112,935 $9,724,618 $7,779,695 $1,944,923
2022 $111,607 $9,533,940 $7,627,152 $1,906,788
2021 $109,006 $9,347,000 $7,477,600 $1,869,400
2019 $95,594 $8,104,512 $5,824,261 $2,280,251
2018 $90,538 $7,945,601 $5,710,060 $2,235,541
2016 $87,279 $7,637,066 $5,488,333 $2,148,733
2015 $86,187 $7,522,352 $5,405,894 $2,116,458
2014 $48,226 $4,159,589 $2,522,091 $1,637,498
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 23-263107

The MLS

APN: 4466-015-018