6005 Paseo Canyon Drive
Malibu, CA, 90265
$2,988,000
MLS: 26840563
Beds
3
Baths
2
Sq Ft
1,647
Lot
0.39 ac
Year Built
1965
MLS #
26840563
Days on Market
20
Listed
May 29, 2026
Description
Situated on one of the largest flat lots in Malibu West, this charming ranch-style home offers a rare combination of space, seclusion, mountain views, and exceptional potential in one of Malibu's most sought-after neighborhoods. Set against a beautiful backdrop of rolling mountains and open space, the property features a spacious three-bedroom, two-bathroom main residence, along with a detached bonus room ideal as a home office, guest suite, gym, creative studio, or additional bedroom. The home has been updated throughout the years and is comfortable as it stands today, while also presenting an outstanding opportunity for a buyer to reimagine, expand, or create their dream Malibu retreat. The expansive grounds are designed for enjoying the Malibu lifestyle, complete with a swimming pool, spa, generous outdoor and entertaining areas. The oversized flat parcel is a true rarity and one of the most desirable attributes of this property. Beyond the home itself, Malibu West is beloved for its strong sense of community, family-friendly atmosphere, and unmatched amenities. Residents enjoy 24-hour guard security, exclusive access to the renowned Malibu West Beach Club, tennis and pickleball courts, and nearby hiking and riding trails surrounded by breathtaking natural beauty. The location is exceptional. Through the neighborhood's convenient pedestrian gate, residents can get easy access to Malibu Middle School, and the newly rebuilt Malibu High School campus. Enjoy the ease of Malibu's coveted golf-cart lifestyle, with quick access to Trancas Country Market, local favorites including Vintage Market, Kristy's and Malibu Brewing Company, boutique shopping, and everyday conveniences. The neighborhood also enjoys a vibrant community spirit with local events throughout the year, while the popular summer concert series hosted at Trancas Country Market is just moments away, providing live music, community gatherings, and one of Malibu's favorite seasonal traditions. Whether you're looking for a wonderful home to enjoy today or an extraordinary property with significant upside on one of Malibu West's premier lots, this is a rare opportunity to create something truly special.
Location
Malibu, Los Angeles County, CA 90265
Open on Google Maps ↗Listed by: Patricia Palafox Escalante · Compass
Payment estimate
$21,636
/ month (est.)
Principal, interest, taxes, and insurance + PMI + HOA. Down payment: $298,800 · Loan: $2,689,200
Average 30-yr fixed rate 6.47% as of Jun 18, 2026 (Freddie Mac PMMS). Adjust to your quote.
- Principal & Interest
- $16,945
- Property tax (1.25%)
- $3,113
- Homeowners insurance
- $300
- Mortgage insurance
- $1,121
- HOA dues
- $158
Login required. The full tool supports FHA / VA / USDA, PMI by credit tier, lender fees, and total cash to close — with your inputs here carried over.
Today's Rates
As of Jun 18, 2026
- 30-year fixed
- 6.47%
- 15-year fixed
- 5.81%
Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.
About the area · Mike Watson
About the Antelope Valley
The Antelope Valley spans Lancaster, Palmdale, Quartz Hill, Rosamond, Lake Los Angeles, California City, Edwards AFB, and the Plant 42 aerospace corridor. Mike Watson is a lifelong AV resident and the #1 producing individual Realtor in the region by transaction count. Every active listing on this site is paired with a free market analysis tailored to the specific street, honest financing guidance (FHA, VA, USDA, CalHFA, conventional, and assumable loans where the financing supports it), and side-by-side comparisons against the rest of the active inventory in your target ZIP.
Financing Options
FHA Financing — 3.5% Down＋
First-time and repeat buyers can purchase this Malibu home with as little as 3.5% down using an FHA loan — roughly $104,580 down. FHA loans feature flexible credit guidelines and government-backed rates, making homeownership accessible for buyers who haven't saved a large down payment. Seller concessions up to 6% of the purchase price are also allowed.
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Local Market Stats
See Malibu, CA 90265 market trends →
Median sold price, days on market, active inventory, price brackets, and 12-month trends — pulled live from the MLS.
★#1 Producing Individual Realtor — Antelope Valley
Only large teams outsell Mike Watson · Keller Williams Realty
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