6972 Grasswood Avenue, Malibu, California 90265, Malibu, 90265 - 3 bed, 5 bath

6972 Grasswood Avenue, Malibu, California 90265 home-pic-0
ACTIVE$7,699,888
6972 Grasswood Avenue, Malibu, California 90265
3Beds
5Baths
3,179Sqft
50,384Lot

Price Vs. Estimate

The estimated value ($7,019,587.14) is $680,300.86 (8%) lower than the list price ($7,699,888). This property may be overpriced.

Key pros and cons

Top Pros:
Prime Point Dume Location & Privacy: Nestled in Malibu's coveted Point Dume enclave, this private estate offers secluded serenity behind a gated circular driveway, surrounded by majestic palm trees, and is a short walk to iconic Big Dume and Westward Beach.
Top Cons:
Age of Original Construction: Built in 1962, while extensively remodeled, the underlying structure's age may imply potential for unforeseen maintenance or less modern infrastructure (e.g., plumbing, electrical systems) compared to newer builds, which are not explicitly detailed as fully updated.

Compared to the nearby listings

Price:$7.70M vs avg $4.44M (+$3,262,388)71%
Size:3,179 sqft vs avg 2,813 sqft58%
Price/sqft:$2.4K vs avg $1.3K83%

More Insights

Built in 1962 (63 years old).
Condition: Despite being built in 1962, this property has clearly undergone an extensive, high-quality renovation, likely within the last 5-10 years. The description highlights a 'gourmet kitchen' with 'high-end appliances' and 'granite countertops,' and a 'spa-inspired bathroom' with 'marble steam shower' and 'dual vanities.' Images confirm modern, dark cabinetry in the kitchen, pristine light hardwood floors throughout, vaulted ceilings, and contemporary light fixtures. The overall aesthetic is luxurious and move-in ready, with no visible deferred maintenance. The outdoor areas, including the pool, spa, and landscaping, are also meticulously maintained and appear resort-like. All components appear new or virtually new, meeting current quality standards.
Year Built
1962
Close
-
List price
$7.7M
Original List price
$7.7M
Price/Sqft
$2,422
HOA
-
Days on market
-
Sold On
-
MLS number
225003536
Home ConditionExcellent
Features
Good View: Pool, Trees/Woods
Pool
Spa
Patio
ViewPool, Trees/Woods

About this home

Welcome to this exquisite Malibu estate, a private retreat featuring 3 spacious bedrooms and 5 luxurious baths. Set behind a gated circular driveway and surrounded by over 40 majestic palm trees, the home offers an unparalleled sense of privacy and natural beauty.Inside, gorgeous hardwood floors flow throughout an open-concept layout. The gourmet kitchen is a chef's dream, complete with granite countertops, a central island with seating, and high-end appliances. The large family room, anchored by a cozy fireplace, seamlessly connects to the formal dining area--perfect for both casual and elegant gatherings.Custom folding doors open to an expansive patio, ideal for outdoor entertaining in a lush, serene setting. The home also includes a dedicated office and a separate library with built-in bookshelves, providing refined spaces for work or reading.The private primary suite is a true retreat, featuring French doors that lead to the patio, a generous walk-in closet, and a spa-inspired bathroom. Relax in the marble steam shower or enjoy the dual vanities designed for both luxury and function.A rare find in Malibu, this estate combines elegance, comfort, and exceptional outdoor living. Nestled in the heart of Malibu's coveted Point Dume enclave, this breathtaking single-story estate sits on 1.15 acres of impeccably landscaped grounds, offering the ultimate blend of luxury, privacy, and coastal charm. Open-concept layout with vaulted ceilings, walls of glass, and seamless indoor-outdoor flow. Elegant finishes, serene, light-filled living spaces create a warm and sophisticated atmosphere throughout. Every room is designed to capture natural light and maximize the stunning views of the surrounding lush gardens.The property's exotic yard feels like a private tropical resort, with swaying palm trees, cascading waterfalls, and tranquil pathways winding through vibrant landscaping. A sparkling pool and spa take center stage, surrounded by inviting lounge areas and an outdoor kitchen perfect for entertaining under the stars. A detached guest house offers luxurious accommodations for visitors or a private office or studio, blending harmoniously into the verdant setting. Whether you're hosting gatherings or enjoying a quiet morning coffee by the pool, the backyard is a paradise of peace and beauty.Just a short walk away, the iconic Big Dume and Westward Beach invites you to experience the best of Malibu's coastline, from surf to sand, tide pools to trails. The home's location on the bluff ensures easy access to world-class natural beauty, while maintaining a sense of secluded serenity. Award winning Public Malibu Elementary school is one block away. California distinguished Public Malibu High school and Middle school have been beautifully renovated and are less than 3 miles away, with bus service. Shopping and restaurants are less than a mile away. This rare Point Dume offering combines timeless design with resort-style amenities in one of California's most desirable neighborhoods, making it a true Malibu gem.

Condition Rating
Excellent

Despite being built in 1962, this property has clearly undergone an extensive, high-quality renovation, likely within the last 5-10 years. The description highlights a 'gourmet kitchen' with 'high-end appliances' and 'granite countertops,' and a 'spa-inspired bathroom' with 'marble steam shower' and 'dual vanities.' Images confirm modern, dark cabinetry in the kitchen, pristine light hardwood floors throughout, vaulted ceilings, and contemporary light fixtures. The overall aesthetic is luxurious and move-in ready, with no visible deferred maintenance. The outdoor areas, including the pool, spa, and landscaping, are also meticulously maintained and appear resort-like. All components appear new or virtually new, meeting current quality standards.
Pros & Cons

Pros

Prime Point Dume Location & Privacy: Nestled in Malibu's coveted Point Dume enclave, this private estate offers secluded serenity behind a gated circular driveway, surrounded by majestic palm trees, and is a short walk to iconic Big Dume and Westward Beach.
Resort-Style Outdoor Living & Amenities: The 1.15-acre impeccably landscaped grounds feature an exotic, private tropical resort feel with swaying palm trees, cascading waterfalls, tranquil pathways, a sparkling pool and spa, and an outdoor kitchen, perfect for entertaining.
Luxurious & Thoughtfully Designed Interiors: The home boasts gorgeous hardwood floors, an open-concept layout with vaulted ceilings and walls of glass, ensuring seamless indoor-outdoor flow and light-filled living spaces. It includes a gourmet kitchen and a spa-inspired primary bathroom.
Versatile Additional Living Space: A detached guest house provides luxurious accommodations for visitors or offers flexible use as a private office or studio, adding significant value and utility to the property.
Exceptional Proximity to Amenities & Schools: The estate is conveniently located within a block of an award-winning elementary school, less than 3 miles from renovated middle and high schools with bus service, and under a mile from shopping and restaurants.

Cons

Age of Original Construction: Built in 1962, while extensively remodeled, the underlying structure's age may imply potential for unforeseen maintenance or less modern infrastructure (e.g., plumbing, electrical systems) compared to newer builds, which are not explicitly detailed as fully updated.
Limited Number of Bedrooms for an Estate: With only 3 bedrooms, despite 5 bathrooms, the property might not meet the needs of larger families or those seeking more private sleeping quarters, which is often a consideration for estates in this price range.
High Ongoing Maintenance Costs: The extensive 1.15-acre landscaped grounds, including a pool, spa, and waterfalls, will incur significant ongoing financial investment for upkeep and maintenance, which could be a substantial recurring expense for a buyer.

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