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29636 Cuthbert Rd, Malibu, CA, 90265

$2,995,000

1.05 Acres
Land

Location

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Property Highlights

Home TypeOther
ViewMountain(s), Ocean
MLS #24428727
Lot Size1.05 Acres
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
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Housing Market Comparison

See how this home compares to others in Malibu, CA.

Med. Sold Price

$3.5M

Med. Price/SqFt

$1,281

Avg. Days On Market

89

# of Sold Homes

16

29636 Cuthbert Rd vs Malibu

118 DAYS ON ROCKET

+29 Days

$2,995,000

-$505K Less

KEY TAKEAWAY

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

IDX 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

Apr 12, 2016Home Sold
$2,365,000

Tax History

YEARPROP. TAXASSESSMENT
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

$15K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$9,046

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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.

Nearby Schools

school-card-donut-4478006
8
/10
  • Point Dume Marine Science School

  • 6955 Fernhill Dr

  • 1.71 miles

  • Public District Grades KG-5

school-card-donut-4478007
8
/10
  • John L. Webster Elementary School

  • 3602 Winter Canyon Rd

  • 6.95 miles

  • Public District Grades KG-5

school-card-donut-4478008
9
/10
  • White Oak Elementary School

  • 31761 Village School Rd

  • 7.71 miles

  • Public District Grades KG-5

Neighborhood

What Are The Neighbors Like?

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).

How much acreage is this property?

The property 29636 Cuthbert Rd is 1.05 acres.
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Rocket HomesCaliforniaLos Angeles CountyMalibu9026529636 Cuthbert Rd

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.

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