2 months on rocket

29675 Cuthbert Rd, Malibu, CA, 90265

$1,995,000

2.46 Acres
Land

Location

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Property Highlights

Home TypeOther
ViewOther, Hills, Mountain(s), Ocean
MLS #24440382
Lot Size2.46 Acres
StatusActive

About 29675 Cuthbert Rd

Discover this unique opportunity located in the sought-after Malibu Park neighborhood with unobstructed ocean views and the Santa Monica Mountains as your backdrop. With 2.45 usable acres, this equestrian dream property has been designed by Burdge Architects with recently upgraded and approved planning department plans for a fire rebuild 3-bed, 2-bath, 3,182 Sq.Ft. home. This spacious lot includes existing horse stables, room for a riding ring/barn, and has easy access to the world-class Zuma Ridge riding/hiking trail. The planning-approved two-story home is situated on the high side of the property, giving both stories a vantage point above all of Malibu Park. The former septic system has been removed, and temporary power is currently onsite for horse-caretaking purposes. Enjoy the close proximity to the beach, schools, markets, restaurants, and outdoor activities like mountain biking and horseback riding. Start building your dream home and experience Malibu at its finest. Burdge Architects are available for interested buyers to correspond regarding the city of Malibu timelines and logistics.

Property Details

Property Features

Listing Office:

  • Office Name: The Agency
  • Office Phone: (424) 230-3700
  • Listing Agent: Blake Varga

Exterior Features

Exterior Information:

  • View: Other, Hills, Mountain(s), Ocean

Lot Features

Lot Information:

  • Lot Size: 2.46 Acres

Other

Directions Information:

  • Directions: From CA-1N turn onto Busch Dr and then take a left onto Cuthbert Rd.

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,995,000

Tax Information:

  • Annual Amount: $20,089
  • 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

$1,316

Avg. Days On Market

98

# of Sold Homes

11

29675 Cuthbert Rd vs Malibu

60 DAYS ON ROCKET

-38 Days

$1,995,000

-$1.5M Less

KEY TAKEAWAY

This property is $1.5M 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: #24440382

Listing Office:

  • Office Name: The Agency
  • Office Phone: (424) 230-3700
  • Listing Agent: Blake Varga

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: 11/15/2024, 6:21:02 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Sep 18, 1996Home Sold
$555,000
Apr 17, 1996Home Sold
$550,000

Tax History

YEARPROP. TAXASSESSMENT
2021$20,089$1,674,193
2020$19,784$1,657,027
2019$23,323$1,624,537
2018$23,219$1,990,725
2017$23,219$1,951,692

History based on county public records data.

Payment Calculator

$10K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$6,048

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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.

Nearby Schools

school-card-donut-518557
8
/10
  • Point Dume Marine Science School

  • 6955 Fernhill Dr

  • 1.82 miles

  • Public District Grades KG-5

school-card-donut-518558
8
/10
  • John L. Webster Elementary School

  • 3602 Winter Canyon Rd

  • 6.99 miles

  • Public District Grades KG-5

school-card-donut-518559
9
/10
  • White Oak Elementary School

  • 31761 Village School Rd

  • 7.61 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 29675 Cuthbert Rd

What is the listing price of this property?

The listing price of 29675 Cuthbert Rd property is $1,995,000.

What type of property is this?

The property 29675 Cuthbert Rd is land located in Malibu, California, 90265.

Is this property for sale now?

Active Listing: 29675 Cuthbert Rd is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $20,089 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on September 18, 1996 for $555,000. (source: MLS/tax record).

How much acreage is this property?

The property 29675 Cuthbert Rd is 2.46 acres.
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Rocket HomesCaliforniaLos Angeles CountyMalibu9026529675 Cuthbert Rd

This home is located at 29675 Cuthbert Rd in Malibu, CA and zip code 90265 in the Malibu Park neighborhood. This home sits on a 2.46 acre lot. It has been listed on Rocket Homes since September 16, 2024 and is currently priced at $1,995,000.

While more than 2 listings in Malibu, CA in October 2024 were sold above asking price, there were more than 3 listings sold at asking price, and more than 6 were sold below. The number of homes for sale in Malibu, CA increased by 9.8% between September 2024 and October 2024. Listings spent 98 days on the market in October 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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