PENDING
$505K PRICE DROP
6970 Fernhill Dr Malibu, CA 90265
Point Dume NeighborhoodEstimated payment $33,136/month
Total Views
17,177
4
Beds
4
Baths
2,348
Sq Ft
$2,553
Price per Sq Ft
Highlights
- Detached Guest House
- Barn or Stable
- Heated In Ground Pool
- Malibu Elementary School Rated A
- Art Studio
- Family Room with Fireplace
About This Home
Rare Point Dume Opportunity Over 1.2 Acres with Horse Zoning and Beach RightsFirst time on the market in decades this is your chance to own a truly exceptional piece of Point Dume. Spanning over 53,881 sq ft (1.23 acres), this flat and usable lot offers endless potential for redevelopment, renovation, or building your dream Malibu estate.The existing 4-bedroom, 4-bathroom farmhouse sits tucked away behind mature landscaping and gates, offering privacy and a tranquil setting. While the current home requires significant renovation, the value is truly in the land, location, and lifestyle. Zoned for horses and with deeded beach rights to Little Dume, this is one of the most coveted addresses in Malibu. Guest house, stables, gardens or a brand-new architectural masterpiece. Opportunities like this rarely come along.Bring your vision and unlock the full potential of this extraordinary property. Please do not disturb the tenants.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $4,845
Year Built
- Built in 1962
Lot Details
- 1.24 Acre Lot
- Lot Dimensions are 110x400
- Tear Down
- Property is zoned LCRA1*
HOA Fees
- $67 Monthly HOA Fees
Home Design
- Farmhouse Style Home
- Fixer Upper
Interior Spaces
- 2,348 Sq Ft Home
- 1-Story Property
- Built-In Features
- Ceiling Fan
- Family Room with Fireplace
- Den
- Art Studio
- Property Views
Kitchen
- Breakfast Area or Nook
- Freezer
- Dishwasher
- Disposal
Flooring
- Wood
- Laminate
Bedrooms and Bathrooms
- 4 Bedrooms
- Studio bedroom
- 4 Full Bathrooms
Laundry
- Laundry in Kitchen
- Dryer
Parking
- 2 Car Attached Garage
- Circular Driveway
Pool
- Heated In Ground Pool
- Saltwater Pool
Horse Facilities and Amenities
- Horses Allowed On Property
- Tack Room
- Barn or Stable
- Stables
Additional Features
- Shed
- Detached Guest House
- Central Heating and Cooling System
Listing and Financial Details
- Assessor Parcel Number 4466-011-017
Map
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Home Values in the Area
Average Home Value in this Area
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 | $4,845 | $329,005 | $117,648 | $211,357 |
| 2024 | $4,845 | $322,555 | $115,342 | $207,213 |
| 2023 | $4,714 | $316,231 | $113,081 | $203,150 |
| 2022 | $4,596 | $310,031 | $110,864 | $199,167 |
| 2021 | $4,471 | $303,953 | $108,691 | $195,262 |
| 2020 | $4,443 | $300,837 | $107,577 | $193,260 |
| 2019 | $4,378 | $294,939 | $105,468 | $189,471 |
| 2018 | $3,965 | $289,156 | $103,400 | $185,756 |
| 2016 | $3,787 | $277,930 | $99,386 | $178,544 |
| 2015 | $3,735 | $273,757 | $97,894 | $175,863 |
| 2014 | $3,723 | $268,396 | $95,977 | $172,419 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/15/2025 07/15/25 | Pending | -- | -- | -- |
| 06/27/2025 06/27/25 | Price Changed | $5,995,000 | -7.8% | $2,553 / Sq Ft |
| 05/07/2025 05/07/25 | For Sale | $6,500,000 | 0.0% | $2,768 / Sq Ft |
| 04/17/2023 04/17/23 | Rented | $15,000 | -23.1% | -- |
| 03/23/2023 03/23/23 | Under Contract | -- | -- | -- |
| 02/22/2023 02/22/23 | Price Changed | $19,500 | -22.0% | $8 / Sq Ft |
| 01/16/2023 01/16/23 | For Rent | $25,000 | +92.3% | -- |
| 09/02/2020 09/02/20 | Rented | $13,000 | 0.0% | -- |
| 08/27/2020 08/27/20 | Under Contract | -- | -- | -- |
| 06/01/2020 06/01/20 | For Rent | $13,000 | -- | -- |
Source: The MLS
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Interfamily Deed Transfer | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $385,000 | Credit Line Revolving |
Source: Public Records
Similar Homes in Malibu, CA
Source: The MLS
MLS Number: 25535464
APN: 4466-011-017
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