ActiveResidential · sale

7046 Grasswood Avenue

Malibu, CA 90265

$8,995,000

  • 6 beds
  • 8 baths
  • 7,494 sq ft
  • 1.03 acres
  • Built 1978

Listed by Compass · MLS #26669577

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7046 Grasswood Avenue, Malibu, CA 90265 · MLS #26669577

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A FEW THINGS TO NOTICE

What stands out.

Living spaces

The formal living room features a dramatic fireplace, walls of glass that frame garden views, and an elegant wet bar with stone counters, perfect for entertaining.

Details worth a look

Additional bedroom suites open onto private balconies or garden terraces, offering comfort and privacy for family and guests alike.Designed for a true California lifestyle, the estate boasts multiple terraces, shaded loggias, and lounging areas that embrace Malibu's indooroutdoor flow.

Year built

Built in 1978.

Highlights from the listing description and property details. Confirm features with the listing agent.

THE PROPERTY

Get to know the property.

Nestled on one of Malibu's most prestigious streets, this gated estate offers an extraordinary blend of timeless Spanish architecture, refined interiors, and a resort-style outdoor lifestyle. Set on expansive grounds with a full-size tennis court, pool, and mature landscaping, the residence provides the rare opportunity to experience both elegance and comfort in one of Southern California's most sought-after coastal enclaves.The home is introduced by a broad stone motor court, lush gardens, and the classic silhouette of a Spanish-style villa with rustic clay tile rooflines. A graceful entryway opens to interiors that immediately set the tone: airy, light-filled, and designed for seamless indooroutdoor living. Inside, soaring vaulted ceilings with exposed wood beams pair with wide-plank oak floors and crisp white walls to create an atmosphere of modern coastal elegance. The formal living room features a dramatic fireplace, walls of glass that frame garden views, and an elegant wet bar with stone counters, perfect for entertaining. Multiple living and family rooms are each anchored by fireplaces and framed by oversized windows or French doors that open to terraces and gardens. Thoughtful details, from arched passageways to custom built-ins and rich wood accents, balance sophistication with a natural sense of ease.At the heart of the home is a chef's kitchen, outfitted with custom wood cabinetry, stone countertops, and a suite of professional-grade appliances including a La Canche range and Gaggenau appliances throughout. A large center island anchors the space, while vaulted ceilings and walls of glass flood the room with natural light. Direct access to the dining terrace makes al fresco meals effortless, and an adjacent casual lounge with fireplace provides the perfect spot to gather and unwind.The primary suite serves as a serene retreat, featuring vaulted ceilings, a fireplace, and expansive windows overlooking lush greenery. Its spa-inspired bathroom includes a freestanding soaking tub, an oversized glass shower, dual vanities, and a soothing neutral palette, while a custom walk-in closet offers generous storage with bespoke cabinetry. Additional bedroom suites open onto private balconies or garden terraces, offering comfort and privacy for family and guests alike.Designed for a true California lifestyle, the estate boasts multiple terraces, shaded loggias, and lounging areas that embrace Malibu's indooroutdoor flow. A grand staircase leads down to the expansive pool terrace, where a sparkling pool is surrounded by red-brick patios, framed by mature palms and verdant landscaping. A shaded cabana with lounge seating, television, and dining space makes the area ideal for entertaining day or night. Beyond the pool lies a rare amenity for Malibu, a full-size tennis court complete with lighting and additional lawn areas, creating a private playground for recreation and gatherings.Modern comforts include a premier Savant audio system with smart-home integration, a whole-house water filtration system, and thoughtful upgrades throughout.Privately tucked away yet only moments from Malibu's iconic beaches, shops, and dining, 7046 Grasswood Avenue is more than a residence, it is a lifestyle estate. From timeless architectural character to state-of-the-art amenities, this property offers the perfect blend of sophistication, comfort, and relaxed coastal living.

THE NEIGHBORHOOD

Explore the location.

7046 Grasswood Avenue, Malibu, CA 90265

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THE DETAILS

The details, all in one place.

Property type
Residential
Category
Residential
Year built
1978
Full baths
5
Half baths
3
Garage spaces
3
Heating
Central
Appliances
BuiltIn,DoubleOven,Dishwasher,Disposal,Microwave,Range,Refrigerator,RangeHood
Flooring
Tile,Wood
Accessibility
None
Pool
Yes
Pool features
Heated,InGround,Private
Spa
Yes
Zoning
LCRA1*
Parcel
4466013007

Features and school information are supplied by the listing source. Confirm measurements, school assignments, HOA terms and rental restrictions before making a decision.

OWNERSHIP, WITH A PLAN

Investor outlook.

Explore this property’s rental potential with an all-cash purchase. Monthly rent starts at 5% of the purchase price per year, divided by 12. Adjust it and the other assumptions to explore your scenario.

These are planning assumptions, not a rental appraisal or a loan quote. The starting rent is a price-based estimate; a local leasing professional can help confirm market rent.

Investor outlook assumes an all-cash purchase. No mortgage payment is deducted.

Estimated monthly cash flow · cash purchase
Estimated monthly rent$37,479.17
Cap rate

Annual operating income:

HOA: No HOA cost is included because the listing source does not report one. Confirm whether HOA dues apply before relying on this estimate.

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Purchase price
Rental income & operating costs

Purchase price × 5% ÷ 12. Updates with purchase price until you enter a custom rent.

Annual insurance starts at purchase price × 0.25%, rounded to the nearest available amount. Updates with purchase price until you choose another amount.A planning estimate, not an insurance quote. Adjust it for your property and coverage.

Percentages are editable examples, not ERA fee quotes. Management is applied to rent after vacancy; maintenance and capital reserves use scheduled rent. Add owner-paid utilities, mortgage insurance and other recurring expenses under other costs.

How this scenario is calculated

Annual operating income is rent after vacancy, management, maintenance, taxes, insurance, HOA and other operating costs, before financing and capital reserves. Cap rate divides annual operating income by purchase price. Estimated monthly cash flow assumes an all-cash purchase: rent after vacancy, management, maintenance, taxes, insurance, HOA, other operating costs and capital reserves. No mortgage payment is deducted. The mortgage calculator is separate; loan payments would reduce cash flow for a financed purchase. One-time acquisition costs, renovations, income taxes, depreciation and appreciation are excluded.

Mortgage payment calculator

Explore financing separately. These loan settings do not change the all-cash investor outlook.

Mortgage assumptions

20% down and 7% interest are illustrative starting values.

Estimated monthly principal & interestLoan payment only. Excludes property taxes, homeowners/flood insurance, mortgage insurance and HOA dues.

About this payment estimate

Based on a fixed-rate, fully amortizing loan with monthly payments and the price, down payment, interest rate and term you select. The interest rate is an example, not a current rate offer or APR; APR includes certain loan costs. This is an illustration, not a Loan Estimate, approval, offer of credit or commitment to lend.

Your actual payment, rate and eligibility depend on your lender, credit, loan program and property. Closing costs, points, prepaid expenses and lender fees are not included. Taxes and insurance may change, and mortgage insurance may be required, particularly with a down payment below 20%. Ask your lender for a Loan Estimate and a complete monthly payment including applicable taxes, insurance and fees.

Dollar results are rounded to the nearest cent; calculations retain precision until display. A cash purchase has no loan payment but still has ownership costs. Understand your total home payment (CFPB).

ERA PROPERTY MANAGEMENT

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Have a plan for what follows.

Considering this property as a rental? Start with the numbers, then talk through the day-to-day with a local management team.

  1. Understand the opportunity.

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  2. Make a strong first impression.

    Bring together property preparation, professional marketing and applicant screening.

  3. Stay connected to your investment.

    Get support with rent collection, resident communication, maintenance coordination and owner reporting.

Get a local rental estimateTalk through your management needs
Stone-front home with a landscaped lawn and central entry
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Listing information

MLS #26669577 · California Regional MLS

Listing brokerage: Compass
Listing agent: Christopher Cortazzo

Listing status: Active. Record updated . Confirm current availability and price with the listing agent.

The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. "CRMLS" and is protected by all applicable Copyright © 2023 laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional. Information deemed reliable but not guaranteed. Copyright © 2023 California Regional Multiple Listing Service, Inc. All rights reserved.