Mike Watson, Realtor

Mike Watson

Call or Text(661) 733-2196
Under ContractSingleFamilyResidence

6889 Dume Drive

Malibu, CA, 90265

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$19,995,000

MLS: 26640045

Beds

6

Baths

8

Sq Ft

8,500

Lot

2.14 ac

Year Built

MLS #

26640045

Days on Market

91

Listed

Jan 19, 2026

Description

Introducing TerraLume, Malibu's newest iconic estate nestled within the ultra-exclusive Point Dume enclave. Spanning 2.25 acres of pristine grounds with commanding panoramic ocean views, this 8,500 sq ft, 6-bedroom, 8-bathroom masterwork offers the pinnacle of architectural sophistication and resort-style living. A harmonious fusion of contemporary design and materials, TerraLume features board-formed concrete walls, curated stone finishes, and floor-to-ceiling disappearing glass doors that seamlessly blend indoor and outdoor living. Highlighting Malibu's legendary sunsets at every turn. Enter through a tranquil lagoon to a grand 8x10 custom copper pivot door, leading into a dramatic double-height entry and voluminous open spaces. Every detail has been hand-selected for its artistry: handmade chandeliers, handcrafted wood louvers, etched copper walls, and a bespoke Italian kitchen. The floating staircase ascends to a private upper level featuring an opulent primary suite with two fireplaces, a spa-inspired bath retreat with hand-carved marble vanities, a sculptural stone soaking tub, and a steam shower framing unforgettable ocean vistas. Outdoor amenities rival world-class resorts: a covered outdoor kitchen and bar, 70-foot pool and spa, detached guesthouse, fitness studio with sauna, and gated motor court with parking for up to 20 vehicles. Enjoy private access to Little Dume Beach through the coveted Riviera III beach key.

Location

Malibu, Los Angeles County, CA 90265

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Listed by: Branden Williams · The Beverly Hills Estates

Payment estimate

$139,194

/ month (est.)

Principal, interest, taxes, and insurance + PMI. Down payment: $1,999,500 · Loan: $17,995,500

%
Principal & Interest
$110,567
Property tax (1.25%)
$20,828
Homeowners insurance
$300
Mortgage insurance
$7,498
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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 $699,825 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.

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Local Market Stats

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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

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