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Malibu 90265 Trancas Canyon
5940 Paseo Canyon Drive
$2,595,000
● House - Off Market

5940 Paseo Canyon Drive

Malibu, CA 90265
bedrooms
4 Beds
bathrooms
3 Baths
square feet
2,298 Ft²
$13,300
Est. Monthly
$165
HOA / Fees
4.23%
Cap Rate

About This Property

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.
Unit Size
2,298 Ft²
Days on Market
93 days
Land Size
0.69 acres
Price per sqft
$1,164
Property Type
House
Property Taxes
-
HOA Dues
$165
Year Built
1970

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Last updated: 2 years ago (CLAW #25524643)

Price History

Date / Event Date Event Price
Jul 16, 2025 Sold
Sold
Jun 9, 2025 In contract -
In contract
May 25, 2025 Price Decreased $2,675,000
↓ $75K (2.7%)
Price Decreased
Apr 14, 2025 Listed by Westside Estate Agency-Malibu $2,750,000
Listed by Westside Estate Agency-Malibu

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1970
  • Effective Year Built: 1970
  • Building Count: 1
  • Total Rooms: 11
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: 0
  • Building Quality: 1
  • Construction Type: 17
  • Building Style: 15
  • Exterior Walls Type: 12
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 18
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 8

    Dimensions

  • Lot Size Square Feet: 29,931
  • Lot Size Depth Feet: 3,000
  • Lot Size Frontage Feet: 990
  • Total Building Area: 2,298
  • Building Area: 2,298
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 3
  • Heated Square Feet: 2,298
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: 26957
  • Land Acres: 0000000687
  • Standard Land Use Code: 1001
  • County Land Use Code: 0101
  • Legal Description 1: TRACT NO 26957 LOT/SEC 37

Neighborhood

  • School District Name: Santa Monica-Malibu Unified School District
  • Census Tract: 800411

Zoning

  • Zoning: LCR120000-

Geography

  • Assessors Map Reference: 111-E4
  • Subdivision Tract Number: 26957
  • Parcel: 4469-039-037
  • Lot: 37
  • Municipality: WEST /POINT DUME
  • Latitude: 34.0417
  • Longitude: -118.843

    Address

  • Full Address: 5940 Paseo Canyon Dr
  • Address - House Number: 5940
  • Address - Street Name: Paseo Canyon
  • Address - Suffix Type: Dr
  • State: CA
  • City Name: Malibu
  • Carrier Code: C120
  • 4-Digit Zip Code: 3130
  • Zip Code: 90265

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $2,547,075
  • Tax Rate Code Area: 10-856

    Appraisal Valuation

  • Standard Deviation: 0.2302
  • Valuation Date: Aug 04, 2023
  • Confidence Score: 68
  • Final Value: 2,785,846
  • High Value: 3,427,411
  • Low Value: 2,144,280

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,919,000
  • Assessed Land Value: $1,591,251
  • Assessed Improvements Value: $327,749

    Sales

  • Current Sale Contract Date: Jun 06, 2016
  • Current Sale Recording Date: Jun 20, 2016
  • Current Sale Price:
  • Current Sale Document Type: 36
  • Current Sale Input Document Number: 16-0708971
  • Previous Sale Recording Date: Apr 21, 1998
  • Previous Sale Contract Date: Apr 14, 1998
  • Previous Sale Amount: $520,000
  • Previous Sale Document Type: 36
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Western Malibu


Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 5942 Paseo Canyon Drive, MALIBU, CA, 90265

$11,000 /mo

  • 5 Beds
  • 4 Baths
  • 2,824 ft²
5942 Paseo Canyon Drive, MALIBU, CA, 90265 Listing by Sophie Kidian
Unit for rent at 6805 Shearwater Lane, MALIBU, CA, 90265

$9,995 /mo

  • 3 Beds
  • 3 Baths
  • 1,588 ft²
6805 Shearwater Lane, MALIBU, CA, 90265 Listing by Bill Moss


Frequently Asked Questions

When was property at 5940 Paseo Canyon Drive built and last sold?
The property at 5940 Paseo Canyon Drive was built in 1970 and last sold on Jun 6, 2016 for $1,810,000.
How much is this home worth?
The estimated value of the home located at 5940 Paseo Canyon Drive is $0.
What are some comparable homes to 5940 Paseo Canyon Drive?
There are currently no comparable homes to 5940 Paseo Canyon Drive.