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Sold for $2,595,000
    • Tax assessed value
    $2,595,000

    5940 Paseo Canyon Dr, Malibu, CA 90265

    4beds
    2,298sqft
    Residential, Single Family Residence
    Built in 1970
    0.69 Acres Lot
    $2,573,300 Zestimate®
    $1,129/sqft
    $14,500 Estimated rent

    Home value

    $2,573,300

    $2.32M - $2.86M

    $14,500/mo

    Zestimate® history
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    What's special

    Swimming pool and spaOversized fireplaceWolf rangePrivate rooftop deckPrimary suiteOpen floor planHigh-end features
    Exceptional Opportunity in Malibu West. This well priced offering combines a great location with incredible potential. Enjoy all of the benefits of a secure, guard-gated community with private beach club, pickle ball courts, and a true sense of community where kids still ride their bikes and skateboards out on the streets. This spacious two-story home (one of the largest models in the neighborhood) has a swimming pool and spa and sits on an elevated lot backing up to State Park land. It offers beautiful mountain and canyon views. Though the home has fallen into some disrepair, it has great bones and several high-end features from previous renovations, including a Wolf Range and Sub-Zero refrigerator. With a thoughtful restoration, it wouldn't take much to return this home to its former luster. The open floor plan is complimented with vaulted beam ceilings and an oversized fireplace in the living room, while the second-story primary suite has large bathroom, walk-in closet and private rooftop deck. Located just a short golf cart ride away from the Vintage Gourmet Market and only minutes to top-rated local schools it's the perfect location to enjoy the Malibu lifestyle. Priced to sell by this is a rare opportunity to restore and personalize a home with significant upside value in a very special Malibu neighborhood.

    Zillow last checked:

    Listing updated:

    Listed by:

    Mark S. Gruskin DRE # 01324387 310-924-5769,

    Westside Estate Agency-Malibu 310-456-1171

    Bought with:

    Allen Sarlo, DRE # 00635905

    Estate Properties

    Source: CLAW,MLS#: 25524643MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 3
    • Full bathrooms: 3
    Rooms
    • Room types: Breakfast Area, Breakfast Bar, Den, Dining Area, Living Room, Office, Pantry, Patio Open, Powder, Walk-In Closet
    Bedroom
    • Features: Walk-In Closet(s)
    Bathroom
    • Features: Powder Room
    Kitchen
    • Features: Bar, Kitchen Island, Pantry
    Heating
    • Central, Forced Air
    Cooling
    • Air Conditioning, Ceiling Fan(s), Central Air
    Appliances
    • Included: Gas Cooking Appliances, Range, Range Hood, Oven, Dishwasher, Dryer, Freezer, Disposal, Exhaust Fan, Range/Oven, Refrigerator, Washer
    • Laundry: Laundry Room
    Features
    • Beamed Ceilings, Built-Ins, Breakfast Counter / Bar, Dining Area, Kitchen Island, Living Room
    • Flooring: Carpet, Hardwood, Tile
    • Number of fireplaces: 1
    • Fireplace features: Living Room
    • Common walls with other units/homes: Detached/No Common Walls
    Interior area
    • Total structure area: 2,298
    • Total interior livable area: 2,298 sqft

    Property

    Parking
    • Total spaces: 4
    • Parking features: Garage - 2 Car, Attached
    • Has attached garage: Yes
    • Covered spaces: 2
    • Uncovered spaces: 2
    Features
    • Levels: Two
    • Stories: 2
    • Entry location: Ground Level - no steps
    • Patio & porch: Deck, Patio
    • Exterior features: Balcony
    • Has private pool: Yes
    • Pool features: In Ground, Heated, Private
    • Has spa: Yes
    • Spa features: In Ground, Private, Heated
    • Fencing: Fenced Yard
    • Has view: Yes
    • View description: Canyon, Mountain(s), Valley
    Lot
    • Size: 0.69 Acres
    • Features: Back Yard, Yard
    Details
    • Additional structures: None
    • Parcel number: 4469039037
    • Zoning: LCR120000-
    • Special conditions: Standard
    • Other equipment: Cable

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Traditional
    • Property subtype: Residential, Single Family Residence
    Condition
    • Year built: 1970

    Utilities & green energy

    • Sewer: In Street, Other
    • Water: Water District

    Community & HOA

    Community
    • Security: Gated Community, 24 Hour Security, Gated Community with Guard
    HOA
    • Has HOA: Yes
    • Amenities included: Clubhouse, Tennis Court(s), Other, Gated Community Guard, Pickleball
    • Services included: Clubhouse
    • HOA fee: $1,980 annually
    Location
    • Region: Malibu

    Financial & listing details

    • Price per square foot: $1,129/sqft
    • Tax assessed value: $2,595,000
    • Date on market: 4/14/2025

    Price history

    DateEventPrice
    7/16/2025Sold$2,595,000-3%$1,129/sqft
    Source: CLAW #25524643 Report a problem
    7/11/2025Pending sale$2,675,000$1,164/sqft
    Source: CLAW #25524643 Report a problem
    6/8/2025Contingent$2,675,000$1,164/sqft
    Source: CLAW #25524643 Report a problem
    5/25/2025Price change$2,675,000-2.7%$1,164/sqft
    Source: CLAW #25524643 Report a problem
    5/2/2025Listed for sale$2,750,000$1,197/sqft
    Source: CLAW #25524643 Report a problem
    4/26/2025Contingent$2,750,000$1,197/sqft
    Source: CLAW #25524643 Report a problem
    4/14/2025Listed for sale$2,750,000+51.9%$1,197/sqft
    Source: CLAW #25524643 Report a problem
    6/23/2016Sold$1,810,000-4.5%$788/sqft
    Source: CLAW #16116192 Report a problem
    6/10/2016Pending sale$1,895,000$825/sqft
    Source: Westside Estate Agency-Malibu #16116192 Report a problem
    4/18/2016Listed for sale$1,895,000+264.4%$825/sqft
    Source: Westside Estate Agency-Malibu #16116192 Report a problem
    4/21/1998Sold$520,000$226/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2026-- $2,595,000 +30%
    2025$28,805 +7.5%$1,996,526 +2%
    2024$26,807 +2.5%$1,957,379 +2%
    2023$26,163 +2.7%$1,919,000 +2%
    2022$25,471 +3.7%$1,881,373 +2%
    2021$24,563 +1.8%$1,844,484 +1%
    2020$24,120 $1,825,572 +2%
    2019$24,120 -0.1%$1,789,778 -5%
    2018$24,140 $1,883,123 +2%
    2017$24,140 +0.4%$1,846,200 +163.2%
    2016$24,041 +124.7%$701,393 +1.5%
    2015$10,701 +2.1%$690,858 +2%
    2014$10,485 $677,326 +2.5%
    2012-- $661,045 +2%
    2011-- $648,085 +0.8%
    2010-- $643,242 -0.2%
    2009-- $644,771 +2%
    2008-- $632,130 +2%
    2007-- $619,737 +2%
    2006-- $607,586
    2005-- $607,586 +4%
    2004-- $583,994 +1.9%
    2003-- $573,291 +2%
    2002-- $562,051 +4%
    2000-- $540,227
    Find assessor info on the county website

    Neighborhood: Trancas Canyon

    Nearby homes

    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
    $2,573,300
    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
    $2,573,300

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