4
Bedrooms
Sold for $5,600,000 · Sep 2025
SOLDListed at $5,995,000
Malibu, CA
MLS# 25535464
Magnus Hellberg
Listing Agent
Coldwell Banker Realty
DRE #: 01485652
Brokerage: Coldwell Banker Realty
4
Bedrooms
4
Bathrooms
2,348 sqft
Square Feet
1962
Year Built
1.24 acres
Lot Size
$2,385
Price/Sq Ft
N/A
Garage Spaces
$800/mo
HOA
Single Family Home
Property Type
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.
Listing description from the September 2025 sale, as reported to CRMLS.
Earthquake data is shown from a real public source (USGS)
Loading hazard data...
1 recorded sale
6970 Fernhill Drive sold for $5,600,000 in September 2025, 6.6% under its $5,995,000 list price, after 69 days on the market. It was first listed at $6,500,000. That works out to $2,385 per square foot on 2,348 square feet. Across 186 closed sales in 90265 over the last 12 months, the median sold price is $1,985,250 and the median is $1,136 per square foot, 52% below this sale's $2,385. 4-bedroom rentals in 90265 currently list at a median of $38,750 a month (111 listings).
| Quarter | Closed sales in 90265 | Median sold price |
|---|---|---|
| Q1 2026 | 20 | $1,812,000 |
| Q2 2026 | 90 | $2,162,500 |
| Q3 2026 | 66 | $1,875,000 |
| Q4 2026 | 10 | $3,430,000 |
Figures are MLS-reported closed sales (CRMLS); ZIP medians cover the last 12 months. Nalren does not estimate values. Recently sold in Malibu · Homes for sale in 90265
Closed sales reported in 90265, nearest first, last 12 months. All recent sales in Malibu →
6970 Fernhill Drive
Contact Magnus Hellberg
Contact via Nalren messaging
Contact Listing Agent
Coldwell Banker Realty
DRE #01485652
Contact information is not available for this listing.