7038 Grasswood Ave, Malibu, CA 90265, USA

Recently leased for $20,000 per month for one year, this updated and newly landscaped five bedroom Spanish home on Point Dume with detached guest house and lap pool is a great 1031 Exchange opportunity! With refinished hardwood flooring upstairs, and stone flooring below, the finishes and feel of the home are both warm and inviting. Unwind by the fireplace under the sky-lit vaulted ceilings of the great room, which opens to an expansive covered patio perfect for outdoor dining or lounging. Adjacent to the great room, a generous dining area and chef's kitchen make for easy entertaining with two islands overlooking tree top views above and the lap pool, hot tub and gardens below. The master bedroom rounds out the main level with high, vaulted ceilings, fireplace and walk-in closet. The lower level, which can be closed off from the main level with a sliding sound-proof door, is comprised of three additional bedrooms, a bonus room and large media room with built-in work space and picture windows. Located in close proximity to schools and beaches.

FOR SALE

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