Mike Watson, Realtor

Mike Watson

Call or Text(661) 733-2196
ActiveSingleFamilyResidence

6734 Zumirez Drive

Malibu, CA, 90265

1 / 11View all 11 photos

$26,500,000

MLS: 25596451

Beds

2

Baths

1

Sq Ft

1,392

Lot

1.34 ac

Year Built

1949

MLS #

25596451

Days on Market

105

Listed

Sep 25, 2025

Description

Discover the opportunity to own on Zumirez Drive, one of Point Dume's most coveted addresses. This remarkable 1.34-acre estate currently features a beautifully remodeled 1949 two-bedroom seaside cottage with breathtaking whitewater views and direct access to a private beach just steps away. Perfectly positioned for easy walks to some of California's finest surf and sands, including iconic Paradise Cove. Over the past seven years, the current owners have secured a Coastal Development Permit to transform this legacy property into an unparalleled coastal compound blending modern luxury with timeless coastal living. The active entitlement allows for the construction of over 7,000 square feet, featuring a beautifully designed five-bedroom, five-and-a-half-bath main residence with a 50-foot oceanfront pool and jacuzzi, movie theatre, spa facilities with massage rooms, cold plunge, dry sauna, and steam shower. A separate guest retreat includes an additional full bedroom and bathroom, private jacuzzi, and tranquil garden space. Ownership of this property includes coveted Riviera One rights, providing unmatched access to Malibu's most exclusive private beach. This is a rare chance to create a generational Point Dume sanctuary without enduring the lengthy and arduous permitting process. Sale includes fully executed construction plans by a visionary design team, with architecture and interiors by Warren Garrett and landscape design by the acclaimed Girvin & Associates.

Location

Malibu, Los Angeles County, CA 90265

Open on Google Maps ↗

Listed by: Jeffrey Chertow · Pinnacle Estate Properties

Payment estimate

$184,380

/ month (est.)

Principal, interest, taxes, and insurance + PMI. Down payment: $2,650,000 · Loan: $23,850,000

%
Principal & Interest
$146,538
Property tax (1.25%)
$27,604
Homeowners insurance
$300
Mortgage insurance
$9,938
Open the full calculator →

Login required. The full tool supports FHA / VA / USDA, PMI by credit tier, lender fees, and total cash to close — with your inputs here carried over.

Today's Rates

As of Apr 23, 2026

30-year fixed
6.23%
15-year fixed
5.58%

Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.

Financing Options

FHA Financing — 3.5% Down

First-time and repeat buyers can purchase this Malibu home with as little as 3.5% down using an FHA loan — roughly $927,500 down. FHA loans feature flexible credit guidelines and government-backed rates, making homeownership accessible for buyers who haven't saved a large down payment. Seller concessions up to 6% of the purchase price are also allowed.

Local Market Stats

See Malibu, CA 90265 market trends →

Median sold price, days on market, active inventory, price brackets, and 12-month trends — pulled live from the MLS.

#1 Producing Individual Realtor — Antelope Valley

Only large teams outsell Mike Watson · Keller Williams Realty

Free Buyer & Seller Tools

Net Sheet Calculator

Estimate how much you'll walk away with after selling. Covers commissions, closing costs, and loan payoff.

Request access

Property Comparison

Compare 2–3 properties side-by-side — equity, monthly payment, cash to close, and DTI — all in one infographic.

Request access

Drive Time Calculator

Check commute times from this address to work, school, or anywhere else before you commit.

Request access

Buyer Cost Sheet

Estimate your total closing costs as a buyer — lender fees, title, escrow, and prepaids — before you write an offer.

Request access