$2,675,000 - 5940 Paseo Canyon Drive, Malibu

  • 4Beds
  • 3Baths
  • 2,298SQ. Feet
  • 0.69Acres

Malibu Home Sale

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.

Sales Agent

Sam Smith
  • Sam Smith
  • San Clemente Realtor ®
  • Phone: 949-204-5110
  • Cell: 949-204-5110
  • Contact Agent Now

Amenities

  • AmenitiesClubhouse, Tennis Court(s)
  • Parking Spaces4
  • ParkingDoor-Multi, Garage
  • GaragesDoor-Multi, Garage
  • ViewCanyon, Mountain(s), Valley
  • Has PoolYes
  • PoolIn Ground, Private, Heated
  • SecurityGated with Guard, 24 Hour Security

School Information

  • DistrictSanta Monica-Malibu Unified

Essential Information

  • MLS® #25524643
  • Price$2,675,000
  • Bedrooms4
  • Bathrooms3.00
  • Full Baths3
  • Square Footage2,298
  • Acres0.69
  • Year Built1970
  • TypeResidential
  • Sub-TypeSingle Family Residence
  • StyleTraditional
  • StatusClosed
  • Listing AgentMark S. Gruskin
  • Listing OfficeWestside Estate Agency-Malibu

Exterior

  • Lot DescriptionBack Yard, Yard

Additional Information

  • Date ListedApril 14th, 2025
  • Days on Market53
  • ZoningLCR120000-
  • Short SaleN
  • RE / Bank OwnedN

Community Information

  • Address5940 Paseo Canyon Drive
  • AreaC33 - Malibu
  • SubdivisionMalibu West
  • CityMalibu
  • CountyLos Angeles
  • Zip Code90265

Interior

  • InteriorCarpet, Tile, Wood
  • Interior FeaturesBreakfast Bar, Separate/Formal Dining Room, Walk-In Closet(s), Beamed Ceilings
  • AppliancesDishwasher, Disposal, Refrigerator, Range Hood, Dryer, Washer, Oven, Range
  • HeatingCentral, Forced Air
  • CoolingCentral Air
  • FireplaceYes
  • FireplacesLiving Room
  • # of Stories2
  • StoriesTwo

Price Change History for 5940 Paseo Canyon Drive, Malibu, (MLS® #25524643)

Date Details Price Change
Closed
Pending
Active Under Contract
Price Reduced (from $2,750,000) $2,675,000 $75,000 (2.73%)
Active
Show More (1)

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Malibu West

  • City:
    Malibu
  • Price Range:
    $2,675,000 - $3,295,000
  • Current Listings:
    3
  • HOA Dues:
    $1,870
  • Average Price per Square Foot:
    $1,294

  • City:
    Malibu
  • Price Range:
    $675,000 - $80,000,000
  • Current Listings:
    147
  • HOA Dues:
    $752
  • Average Price per Square Foot:
    $2,132

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Based on information from California Regional Multiple Listing Service, Inc. as of December 12th, 2025 at 3:30am PST. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.