5940 Paseo Canyon Drive
Malibu, CA 90265
- 4 beds
- 3 baths
- 2,298 sqft
- ~3/4 acre lot
- $1,196 per sqft
- 1970 build
- – on site
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
Last checked:
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Last updated Apr 14, 2025
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MLS# CL25524643 —
This home is listed in more than one place. See it here.
The Building
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Year Built:1970
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Building Area Units:Square Feet
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Architectural Style:Traditional
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Stories:2
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Levels:Two Story
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Building Area Total:2298
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Building Area Source:Assessor Agent-Fill
Interior
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Interior Features:Den
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Kitchen Features:Breakfast Bar, Counter - Stone, Dishwasher, Garbage Disposal, Island, Microwave, Pantry, Range/Oven Built-in, Refrigerator, Other
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Flooring:Tile
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Fireplace:true
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Fireplace Features:Living Room
Room Dimensions
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Living Area:2298
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Living Area Units:Square Feet
Location
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Directions:Take PCH to Trancas Cny. Rd. turn right on Princip
The Property
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Property Type:Residential
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Property Subtype:Single Family Residence
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Exterior Features:Backyard
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Parcel Number:4469039037
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Zoning:LCR1
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Lot Size Area:0.6871
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Lot Size Acres:0.6871
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Lot Size SqFt:29931
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Lot Size Units:Acres
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View:Canyon
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View:true
Listing Agent
- Contact info:
- Agent phone:
- (310) 924-5769
Beds
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Bedrooms Total:4
Baths
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Total Baths:3
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Full Baths:3
Heating & Cooling
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Heating:Forced Air
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Heating:true
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Cooling:Ceiling Fan(s)
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Cooling:true
Appliances
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Appliances:Dishwasher
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Laundry Features:Dryer
Schools
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High School District:Santa Monica-Malibu Unified
The Community
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Association:true
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Association Amenities:Clubhouse
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Association Fee:1980
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Association Fee Frequency:Annually
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Spa:true
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Pool Private:true
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Pool Features:In Ground
Parking
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Garage:true
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Attached Garage:true
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Carport:false
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Parking Total:4
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Parking Features:Attached
Monthly cost estimate

Asking price
$2,750,000
Expense | Monthly cost |
---|---|
Mortgage
This calculator is intended for planning and education purposes only. It relies on assumptions and information provided by you regarding your goals, expectations and financial situation, and should not be used as your sole source of information. The output of the tool is not a loan offer or solicitation, nor is it financial or legal advice. |
$14,725
|
Taxes | N/A |
Insurance | $756 |
HOA fees | $165 |
Utilities | $173 See report |
Total | $15,819/mo.* |
*This is an estimate |
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Air Pollution Index
Provided by ClearlyEnergy
The air pollution index is calculated by county or urban area using the past three years data. The index ranks the county or urban area on a scale of 0 (best) - 100 (worst) across the United Sates.
Sale history
Date | Event | Source | Price | % Change |
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4/14/25
Apr 14, 2025
|
Listed / Active | BRIDGE | $2,750,000 | 51.9% (5.9% / YR) |
6/23/16
Jun 23, 2016
|
CRMLS_CA | $1,810,000 | ||
4/18/16
Apr 18, 2016
|
Listed / Active | DAMLS |