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Sold for $5,600,000
  • $5,600,000

    6970 Fernhill Dr, Malibu, CA 90265

    4beds
    2,348sqft
    Residential, Single Family Residence
    Built in 1962
    1.24 Acres Lot
    $5,586,000 Zestimate®
    $2,385/sqft
    $21,812 Estimated rent

    Home value

    $5,586,000

    $5.08M - $6.14M

    $21,812/mo

    Zestimate® history
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    Rent Zestimate®

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    $36,510/mo

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    What's special

    Mature landscapingFlat and usable lot
    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.

    Zillow last checked:

    Listing updated:

    Listed by:

    Magnus Hellberg DRE # 01485652 310-779-4325,

    Coldwell Banker Realty 310-457-6550

    Bought with:

    Trevor Wright, DRE # 02042934

    The Beverly Hills Estates

    Source: CLAW,MLS#: 25535464MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 4
    • Full bathrooms: 4
    Rooms
    • Room types: Art Studio, Breakfast Area, Stable, Studio, Tack Room
    Heating
    • Central
    Cooling
    • Central Air
    Appliances
    • Included: Dishwasher, Dryer, Freezer, Disposal, Exhaust Fan
    • Laundry: In Kitchen
    Features
    • Built-Ins, Ceiling Fan(s)
    • Flooring: Laminate, Hardwood
    • Has fireplace: Yes
    • Fireplace features: Family Room
    Interior area
    • Total structure area: 2,348
    • Total interior livable area: 2,348 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Circular Driveway, Attached, Garage - 2 Car
    • Has attached garage: Yes
    • Has uncovered spaces: Yes
    Features
    • Levels: One
    • Stories: 1
    • Pool features: Heated, In Ground, Salt Water
    • Spa features: None
    • Has view: Yes
    • View description: Fields
    Lot
    • Size: 1.24 Acres
    • Dimensions: 110 x 400
    Details
    • Additional structures: Barn/Stable, Guest House, Shed(s), Detached Guest House
    • Parcel number: 4466011017
    • Zoning: LCRA1*
    • Special conditions: Standard
    • Horses can be raised: Yes

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Farm House
    • Property subtype: Residential, Single Family Residence
    Condition
    • Fixer,Tear Down
    • Year built: 1962

    Community & HOA

    HOA
    • Has HOA: Yes
    • HOA fee: $800 annually
    Location
    • Region: Malibu

    Financial & listing details

    • Price per square foot: $2,385/sqft
    • Tax assessed value: $329,005
    • Annual tax amount: $5,365
    • Date on market: 5/7/2025

    Price history

    DateEventPrice
    9/3/2025Sold$5,600,000-6.6%$2,385/sqft
    Source: CLAW #25535464 Report a problem
    8/18/2025Pending sale$5,995,000$2,553/sqft
    Source: CLAW #25535464 Report a problem
    7/16/2025Contingent$5,995,000$2,553/sqft
    Source: CLAW #25535464 Report a problem
    6/27/2025Price change$5,995,000-7.8%$2,553/sqft
    Source: CLAW #25535464 Report a problem
    5/7/2025Listed for sale$6,500,000$2,768/sqft
    Source: CLAW #25535464 Report a problem
    3/23/2023Listing removed--
    Source: CLAW #23-231167 Report a problem
    3/10/2023Listed for rent$19,500$8/sqft
    Source: CLAW #23-231167 Report a problem
    3/10/2023Listing removed--
    Source: Zillow Rentals #23-231167 Report a problem
    2/23/2023Price change$19,500-22%$8/sqft
    Source: Zillow Rentals #23-231167 Report a problem
    1/18/2023Listed for rent$25,000$11/sqft
    Source: Zillow Rentals #23-231167 Report a problem
    1/4/2023Listing removed--
    Source: Zillow Rentals Report a problem
    12/6/2022Listed for rent$25,000+56.3%$11/sqft
    Source: Zillow Rentals Report a problem
    1/18/2022Listing removed--
    Source: Zillow Rental Manager Report a problem
    10/20/2021Listed for rent$16,000-8.6%$7/sqft
    Source: Zillow Rental Manager Report a problem
    10/6/2021Listing removed--
    Source: CLAW Report a problem
    9/22/2021Listed for rent$17,500$7/sqft
    Source: CLAW #21780756 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$5,365 +10.7%$329,005 +2%
    2024$4,845 +2.8%$322,555 +2%
    2023$4,714 +2.6%$316,231 +2%
    2022$4,596 +2.8%$310,031 +2%
    2021$4,471 +0.6%$303,953 +1%
    2020$4,443 $300,837 +2%
    2019$4,443 +12.1%$294,939 +2%
    2018$3,965 $289,156 +2%
    2017$3,965 +0.8%$283,487 +2%
    2016$3,935 +3.9%$277,930 +1.5%
    2015$3,787 +1.7%$273,757 +2%
    2014$3,723 $268,396 +2.5%
    2012-- $261,946 +2%
    2011-- $256,811 +0.8%
    2010-- $254,893 -0.2%
    2009-- $255,499 +2%
    2008-- $250,490 +2%
    2007-- $245,579 +2%
    2006-- $240,765
    2005-- $240,765 +4%
    2004-- $231,417 +1.9%
    2003-- $227,177 +2%
    2002-- $222,724 +4%
    2000-- $214,077
    Find assessor info on the county website

    Neighborhood: Point Dume

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • District: Santa Monica-Malibu Unified School District

    Source: CLAW. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $5,586,000
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $5,586,000