Point Dume continues to see meaningful activity as the neighborhood moves forward with its recovery and rebuild following the 2018 Woolsey Fire.
Over the past 12 months, 7 lots have sold, ranging from $975,000 to $4,055,000, with 3 currently offered for sale.
At the same time, new homes are taking shape and several notable home sales have closed, offering a compelling look at where the Point Dume market stands today.
Point Dume Land Market at a Glance
- 7 lots sold in the past 12 months
- $1.9M median sale price
- $4.055M highest sale
- 3 lots currently available for sale
Recent Point Dume Land Sales
| Address | Acreage | List Price | Sale Price |
|---|---|---|---|
| 6672 Zumirez Drive | 1.18 | $4.995M | $4.055M |
| 6658 Wandermere Road | 1.05 | $2.150M | $2.100M |
| 29215 Larkspur Lane | 1.40 | $2.500M | $1.900M |
| 6517 Zumirez Drive | 0.77 | $2.995M | $1.900M |
| 6636 Wandermere Road | 1.24 | $1.900M | $1.850M |
| 6756 Dume Drive | 0.53 | $1.900M | $1.475M |
| 6825 Fernhill Drive | 1.98 | $1.250M | $975K |
Our Take on the Point Dume Market
The land activity is only part of the story. Point Dume has also seen several notable home sales within the past few months, including:
- 28823 Cliffside Drive — $28.5M
- 6889 Dume Drive — $18.5M
- 6755 Dume Drive — $14.995M
- 29200 Larkspur Lane — $14M
These sales, coupled with the continued pace of rebuilding throughout the neighborhood, reinforce what we see as meaningful long-term potential for Point Dume. New homes are taking shape, significant properties are trading, and there are increasingly fewer opportunities to acquire vacant land.
For landowners and buyers, value is highly property-specific. Location, usable acreage, views, rebuild rights, architectural plans, and the stage of City approvals can create substantial differences in value from one parcel to the next.
Just Sold: 6636 Wandermere Road
We recently represented the buyers of 6636 Wandermere Road, a 1.24-acre Woolsey Fire rebuild property that sold for $1.85 million. With a flat building pad and City planning approvals for a 3,437-square-foot residence, this property has tremendous long-term potential and we’re looking forward to seeing their vision take shape.
Point Dume Land Currently For Sale
As of August 7, 2026, only 2 Point Dume land properties are currently offered for sale:
- 6754 Dume Drive — 0.21 acres | $2.295M
- 28901 Selfridge Drive — 1.28 acres | $3.295M
- 29359 Bluewater Road — 1.21 acres| $5.995M
Have Questions About the Point Dume Market?
Whether you own a vacant lot, completed home, or are looking to buy on Point Dume, we’d be happy to share our insight on property values, current market conditions, and opportunities in the neighborhood. Reach out to us!
The Grether Group | Compass
📧 grethergroup@compass.com
📞 (310) 230-5771
🌐 malibuluxuryrealty.com
DRE #01836632 | 02121282 | 02127780
