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5940 Paseo Canyon Dr, Malibu, CA 90265

Sale Price: $2,595,000
Apr 14, 20252,298 sqft4 beds3 baths
Listed by: Mark S. Gruskin
License #: 01324387
Phone #: 310-924-5769
Westside Estate Agency-Malibu
Source:
CRMLS Logo
MLS #: 25524643

Property Description

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.
Assignment
Get a detailed valuation report, schedule a tour or make an offer!
Kevin Kretzmer
Kevin Kretzmer

Role: TurboHome Head Agent

Experience: 10 years

No. of Transactions: 227

“I specialize in helping clients find their dream home or next investment in California, focusing on residential and multi-family properties. My client-first approach, clear communication, and attention to detail ensure that everyone I work with receives exceptional service.”

TurboHome Fair Market Estimate

TurboHome

TurboHome Savings

$40,524

TurboHome Estimated Value

$2,688,300

$1,170 sqft

High Valuation
$2,822,715
$1228/sqft
Normal Valuation
$2,688,300
$1170/sqft
Low Valuation
$2,553,885
$1111/sqft

3rd Party Estimates

Source$/sqftValuation
HouseCanary$1170/sqft$2,688,300

Neighborhood: Malibu West

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Comparative Value

$2.35M

$2.44M

$2.56M

$2.60M

$2.67M

$3.08M

30647 La Sonora Dr, Malibu, CA 90265

Sale Price: $2,350,000

Selected Comparable

29855 Harvester Rd, Malibu, CA 90265

Sale Price: $2,437,500

Selected Comparable

6241 Frondosa Dr, Malibu, CA 90265

Sale Price: $2,556,394

Selected Comparable

5940 Paseo Canyon Dr, Malibu, CA 90265

Sale Price: $2,595,000

Selected Comparable

5940 Paseo Canyon Dr, Malibu, CA 90265

List Price: $2,675,000

Subject Property

6271 Paseo Canyon Dr, Malibu, CA 90265

Sale Price: $3,075,000

Selected Comparable

Neighborhood Comps

Subject Property

SUBJECT
5940 Paseo Canyon Dr, Malibu, CA 90265

5940 Paseo Canyon Dr, Malibu, CA 90265

List: $2,675,000

Listed: 4/14/2025

Area:2,298 sqft
Price/sqft:$1,164
Beds:4
Baths:3
Year Built:
Lot Size:29,931

Comparable Properties

COMPARABLE
Choose comps
5940 Paseo Canyon Dr, Malibu, CA 90265

5940 Paseo Canyon Dr, Malibu, CA 90265

Sale: $2,595,000

7/16/20250.00 mi

Area:2,298 sqft
Price/sqft:$1,129
Beds:4
Baths:3
Year Built:
Weight:22.8%
6271 Paseo Canyon Dr, Malibu, CA 90265

6271 Paseo Canyon Dr, Malibu, CA 90265

Sale: $3,075,000

6/4/20250.58 mi

Area:2,381 sqft
Price/sqft:$1,291
Beds:4
Baths:3
Year Built:
Weight:20.5%
30647 La Sonora Dr, Malibu, CA 90265

30647 La Sonora Dr, Malibu, CA 90265

Sale: $2,350,000

2/4/20250.09 mi

Area:2,134 sqft
Price/sqft:$1,101
Beds:4
Baths:3
Year Built:
Weight:20.0%
6241 Frondosa Dr, Malibu, CA 90265

6241 Frondosa Dr, Malibu, CA 90265

Sale: $2,556,394

12/9/20240.53 mi

Area:2,164 sqft
Price/sqft:$1,181
Beds:4
Baths:3
Year Built:
Weight:19.0%
29855 Harvester Rd, Malibu, CA 90265

29855 Harvester Rd, Malibu, CA 90265

Sale: $2,437,500

8/4/20251.30 mi

Area:2,143 sqft
Price/sqft:$1,137
Beds:4
Baths:2
Year Built:
Weight:17.7%

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