StatusAccepting Backup Offers (Active Under Contract)
About 29636 Cuthbert Rd
Build the private compound of your dreams in one of Malibu's best neighborhoods! With over 1 acre of usable land and unobstructed ocean views, this premier lot in Malibu Park will be sold with permits ready to issue for a private estate designed by Colega Architects. Situated on the southern side of Cuthbert, the property boasts panoramic views of the ocean, islands, and surrounding Santa Monica Mountains. The ~6,000 square foot compound is an exemplary mid-century modern with impressive volumes and the perfect blend of grand rooms to entertain and private retreats to recharge and rejuvenate. A central great room flows seamlessly from a living area to a dining area and into an open-concept kitchen, featuring a massive island, breakfast bar, and a fully equipped butler's pantry. The primary suite is situated at the southernmost point of the home and includes an ocean-view bedroom with outdoor access and a spa-like bathroom with dual vanities, a soaking tub, and access to a private courtyard. There are three additional en-suite bedrooms, plus a family room and office. Designed for seamless indoor/outdoor living, the plans offer a plethora of beautiful outdoor spaces, with a massive half-covered sun deck connecting the living areas to a pool/spa, a built-in cold plunge, a grassy lawn, a rooftop deck with a gas fire pit, and more. The home totals ~4,521 square feet of living space and an attached~540 sq. ft. two-car garage. The sale also includes plans for a detached ADU of ~1,200 sq. ft. that is nearly ready to submit, complete with underlying geology documents and a location with setbacks compliant with the City's regulations. This home is moments from both Zuma Canyon and the Backbone trail network, providing endless miles for hiking, mountain biking, and horseback riding. Malibu Park offers the perfect blend of luxury and serenity in a rural setting, minutes from the sand and surf at Zuma Beach, highly-ranked schools, markets, restaurants, and more. With the costly process of planning and achieving permits already completed, this is a rare opportunity to build a private compound in one of Malibu's most idyllic neighborhoods. Permits are pending and the lot will be delivered fully entitled at the close of escrow with permits ready to issue. Contact listing agents for offering memorandum.
Property Details
Property Features
Listing Office:
Office Name: Compass
Office Phone: (310) 230-5744
Listing Agent: Russell Grether
Exterior Features
Exterior Information:
View: Mountain(s), Ocean
Lot Features
Lot Information:
Lot Size: 1.05 Acres
Other
Directions Information:
Directions: PCH to Busch to Cuthbert to address.
Price Information
Listing Price Info
Price Summary:
List Price: $2,995,000
Tax Information:
Annual Amount: $21,277
Tax Year: 2021
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Malibu, CA.
This property is $505K less than the Median Sold Price in Malibu, CA.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: CRMLS
MLS Number: #24428727
Listing Office:
Office Name: Compass
Office Phone: (310) 230-5744
Listing Agent: Russell Grether
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available. Data displayed may be a portion of, and not a complete set of all listings published in the MLS. Last updated on: 12/18/2024, 9:20:59 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
Listing History
DATE
EVENT
PRICE
Apr 12, 2016
Apr 12, 2016Home Sold
$2,365,000
Tax History
YEAR
PROP. TAX
ASSESSMENT
2021
$21,277
$1,782,856
2020
$20,951
$1,764,576
2019
$28,514
$1,729,977
2018
$30,754
$2,460,545
2017
$30,754
$2,412,300
History based on county public records data.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$15K
Per Month
Principal & Interest
$14.9K
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$9,046
Powered By
Advertisement
NMLS#3030
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
8
/10
Point Dume Marine Science School
6955 Fernhill Dr
Distance between this listing and this school1.71 miles
Public District Grades KG-5
8
/10
John L. Webster Elementary School
3602 Winter Canyon Rd
Distance between this listing and this school6.95 miles
Public District Grades KG-5
9
/10
White Oak Elementary School
31761 Village School Rd
Distance between this listing and this school7.71 miles
Public District Grades KG-5
Nearby Schools
7
/10
Malibu Middle School
30237 Morning View Dr
Distance between this listing and this school0.70 miles
Public District Grades 6-8
7
/10
Lindero Canyon Middle School
5844 Larboard Ln
Distance between this listing and this school8.82 miles
Public District Grades 6-8
8
/10
Mariposa School of Global Education
6050 Calmfield Ave
Distance between this listing and this school9.61 miles
Public District Grades KG-8
Nearby Schools
8
/10
Malibu High School
30215 Morning View Dr
Distance between this listing and this school0.70 miles
Public District Grades 6-12
4
/10
Compass Charter Schools of San Diego
850 Hampshire Rd Ste P
Distance between this listing and this school8.52 miles
Public Charter Grades KG-12
4
/10
Compass Charter Schools of los Angeles
850 Hampshire Rd Ste P
Distance between this listing and this school8.52 miles
The neighbors living near this home have an average income of $245,198. Typical income of Malibu, CA residents is $200k+ annually. Most families are married, no kids. The most common level of education of people living in this area is post secondary degree.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 29636 Cuthbert Rd
What is the listing price of this property?
The listing price of 29636 Cuthbert Rd property is $2,995,000.
What type of property is this?
The property 29636 Cuthbert Rd is land located in Malibu, California, 90265.
Is this property for sale now?
Accepting Backup Offers: 29636 Cuthbert Rd is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.
What is the annual property tax for this property?
According to the records, the last property tax for 2021 is $21,277 (source: MLS/based on county public records data).
When was this property sold last time and for how much?
The last sale was on April 12, 2016 for $2,365,000. (source: MLS/tax record).
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system, AI voice, or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at 29636 Cuthbert Rd in Malibu, CA and zip code 90265 in the Malibu Park neighborhood. This home sits on a 1.05 acre lot. It has been listed on Rocket Homes since August 21, 2024 and is currently priced at $2,995,000.
In November 2024, from all listings sold in Malibu, CA there were more than 2 sold above asking price, over 13 sold below and more than 1 were sold right at the asked price. The number of listings in Malibu, CA increased by 8.9% between October 2024 and November 2024. Listings spent 89 days on the market in November 2024, and had a median list price of $3,500,000 during the same period.
From Rocket Homes Real Estate and based on county public records data.