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Off market
  • $4,899,500

    7038 Grasswood Ave, Malibu, CA 90265

    5beds
    3,266sqft
    SingleFamily
    Built in 1979
    0.31 Acres Lot
    $4,899,500 Zestimate®
    $1,500/sqft
    $18,099 Estimated rent

    Home value

    $4,899,500

    $4.36M - $5.59M

    $18,099/mo

    Zestimate® history
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    $18,099/mo

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    Rent Zestimate®

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    $31,091/mo

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    $31,091/mo

    Est. payment

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    What's special

    Great roomWalk-in closetCovered patioVaulted ceilingsHigh vaulted ceilingsNewly refinished hardwood flooringLap pool hot tubFireplace

    Updated and newly landscaped Spanish four bedroom residence on Point Dume with detached studio and lap pool! With newly refinished hardwood flooring upstairs, and recently installed stone flooring below, the finishes and feel of the home are both warm and inviting. Unwind by the fireplace under the sky-lit vaulted ceilings of the great room, which opens to an expansive covered patio perfect for outdoor dining or lounging. Adjacent to the great room, a quaint dining area and chef's kitchen make for easy entertaining with two islands overlooking tree top views above and the lap pool, hot tub and gardens below. The primary suite rounds out the main level with high, vaulted ceilings, fireplace and walk-in closet. The lower level, which can be closed off from the main level with a sliding sound-proof door, is comprised of three additional bedrooms, a bonus room and large media room with built-in work space and picture windows. The spacious studio with full bath above the the three-car garage is perfect for an art studio, office or visitors. Located in close proximity to schools and beaches. Buyer has the option to purchase beach rights as part of Lot 23, LLC - a group of 28 Point Dume households owning an acre of sand on Westward Beach. Lot 23 Owners are entitled to free parking at the sand, and all amenities of private property use: after-hours access, pets, social events, adult libations, etc.

    This property is not currently displayed as for sale or rent on Zillow. This may be different from what's on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 4
    • Full bathrooms: 3
    • 1/2 bathrooms: 1
    Heating
    • Forced air
    Cooling
    • None
    Appliances
    • Included: Dishwasher, Dryer, Freezer, Garbage disposal, Range / Oven, Refrigerator, Washer
    • Laundry: Inside, Room
    Features
    • Cathedral-Vaulted Ceilings
    • Flooring: Tile, Carpet, Hardwood
    • Has fireplace: Yes
    • Common walls with other units/homes: Detached/No Common Walls
    Interior area
    • Total interior livable area: 3,266 sqft

    Property

    Parking
    • Total spaces: 4
    • Parking features: Garage - Detached
    Features
    • Levels: Two
    • Exterior features: Stucco
    • Has spa: Yes
    • Has view: Yes
    • View description: Mountain
    Lot
    • Size: 0.31 Acres
    Details
    • Additional structures: Other
    • Parcel number: 4466013031

    Construction

    Type & style
    • Home type: SingleFamily
    Materials
    • Roof: Tile
    Condition
    • Updated/Remodeled
    • Year built: 1979

    Utilities & green energy

    • Sewer: Septic Tank

    Community & HOA

    Location
    • Region: Malibu

    Financial & listing details

    • Price per square foot: $1,500/sqft
    • Tax assessed value: $4,004,996

    Price history

    DateEventPrice
    11/19/2021Sold$3,700,000-6.3%$1,133/sqft
    Source: CLAW #21766850 Report a problem
    11/19/2021Pending sale$3,950,000$1,209/sqft
    Source: CLAW #21766850 Report a problem
    10/20/2021Contingent$3,950,000$1,209/sqft
    Source: CLAW #21766850 Report a problem
    9/28/2021Listed for sale$3,950,000$1,209/sqft
    Source: CLAW #21766850 Report a problem
    9/12/2021Contingent$3,950,000$1,209/sqft
    Source: CLAW #21766850 Report a problem
    8/18/2021Listed for sale$3,950,000+9.7%$1,209/sqft
    Source: CLAW #21766850 Report a problem
    11/4/2020Listing removed$3,600,000$1,102/sqft
    Source: Coldwell Banker Realty #20603218 Report a problem
    8/21/2020Listing removed$20,000$6/sqft
    Source: Coldwell Banker Realty #19523302 Report a problem
    7/14/2020Listed for sale$3,600,000$1,102/sqft
    Source: Coldwell Banker Realty #20603218 Report a problem
    6/1/2020Listing removed$3,600,000$1,102/sqft
    Source: Coldwell Banker Realty #20559898 Report a problem
    5/13/2020Listed for rent$20,000+60%$6/sqft
    Source: Coldwell Banker Realty #19523302 Report a problem
    3/4/2020Listed for sale$3,600,000+33.6%$1,102/sqft
    Source: Coldwell Banker Residential Brokerage #20559898 Report a problem
    3/4/2020Listing removed$12,500$4/sqft
    Source: Coldwell Banker Realty - Malibu West #19523302 Report a problem
    10/25/2019Listed for rent$12,500$4/sqft
    Source: Coldwell Banker Residential Brokerage - Malibu West #19-523302 Report a problem
    3/26/2019Listing removed$12,500$4/sqft
    Source: Coldwell Banker Residential Brokerage - Malibu West #18-414446 Report a problem
    1/17/2019Price change$12,500-16.7%$4/sqft
    Source: Coldwell Banker Residential Brokerage - Malibu West #18-414446 Report a problem
    12/12/2018Listed for rent$15,000$5/sqft
    Source: Coldwell Banker Residential Brokerage - Malibu West #18-414446 Report a problem
    3/11/2008Listing removed$2,695,000$825/sqft
    Source: Homes & Land Report a problem
    2/2/2008Listed for sale$2,695,000+145%$825/sqft
    Source: Homes & Land Report a problem
    8/17/2001Sold$1,100,000+83.3%$337/sqft
    Source: Public Record Report a problem
    4/28/1994Sold$600,000$184/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2026-- $4,004,996 +2%
    2025$48,846 +8.2%$3,926,468 +2%
    2024$45,143 +1.9%$3,849,480 +2%
    2023$44,289 +1.3%$3,774,000 +2%
    2022$43,727 +141%$3,700,000 +146.5%
    2021$18,141 +0.6%$1,501,269 +1%
    2020$18,036 $1,485,876 +2%
    2019$18,036 +7.3%$1,456,742 +2%
    2018$16,814 $1,428,179 +2%
    2017$16,814 +0.5%$1,400,177 +2%
    2016$16,733 +3.5%$1,372,724 +1.5%
    2015$16,173 +2.8%$1,352,105 +2%
    2014$15,728 $1,325,620 +2.5%
    2012-- $1,293,755 +2%
    2011-- $1,268,388 +0.8%
    2010-- $1,258,910 -0.2%
    2009-- $1,261,901 +2%
    2008-- $1,237,159 +2%
    2007-- $1,212,902 +2%
    2006-- $1,189,120
    2005-- $1,189,120 +4%
    2004-- $1,142,947 +1.9%
    2003-- $1,122,000 +2%
    2002-- $1,100,000 +65.8%
    2000-- $663,520
    Find assessor info on the county website

    Neighborhood: Point Dume

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $4,899,500
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    Estimated market value
    $4,899,500