3 months on rocket

29800 Cuthbert Rd, Malibu, CA, 90265

$15,450,000

7 Bedrooms
7 Full Baths, 1 Partial
6,650 SqFt
$2,323/SqFt
House

Location

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Property Highlights

Home TypeSingle Family Residence
ParkingDoor-Multi, Garage
Garage2 spaces
Year BuiltNew Const., 2024
HeatingCentral
CoolingCentral Air
FireplaceLiving Room, Primary Bedroom
ViewCity Lights, Mountain(s), Ocean, Panoramic
Private PoolYes
MLS #24427993
Lot Size2.09 Acres
StatusActive

About 29800 Cuthbert Rd

This remarkable oceanside estate, located just moments from Zuma Beach, embodies modern elegance and refined living. The new construction modern home features 10 to 15-foot ceilings throughout, creating an open and airy atmosphere. White oak floors and doors add a warm, natural touch, while the designer bathrooms, finished in Italian porcelain, add to the quiet luxury. The kitchen stands out with a quartzite island, textured wood cabinetry, and striking marble fireplace and a 100+ bottle wine display. The master suite provides a peaceful escape, complete with a walk-in closet, a marble-clad shower, and expansive ocean views. The outdoor spaces are designed for relaxation and enjoyment. The downstairs area includes three more bedrooms, each with its own bath, as well as a private office with an ensuite. Upstairs, a bonus room with an attached bathroom and private patio provides a quiet spot for unwinding. The pool area, with its cascading waterfall and hot tub, overlooks panoramic ocean views and a private vineyard that produces up to 1,500 bottles of wine annually. An outdoor fireplace and dining area make the space perfect for entertaining, while mature grapefruit and orange trees add to the estate's charm. An oversized guest house, situated next to the private tennis court, offers additional living space. Architectural highlights include wood paneling, a glass staircase, and clerestory windows that fill the home with natural light. An efficient metal roof and a marble wet bar with a sink add both functionality and style. Located in a prime spot minutes from Zuma Beach, this retreat offers a unique opportunity for refined coastal living. The double-decker balconies provide stunning ocean views, while the gated driveway accommodates eight cars, along with two covered garage spots. This ocean view estate is a masterclass in Malibu luxury, where every detail has been carefully considered for those who value comfort, quality, and exceptional design.

Property Details

Property Features

Property Information:

  • Architectural Style: Contemporary
  • Year Built: 2024
  • Stories: 2
  • Living Area: 6,650 SqFt

Listing Office:

  • Office Name: Compass
  • Office Phone: (310) 395-7090
  • Listing Agent: Jacqueline Chernov

Interior Features

Interior Information:

  • Appliances: Gas Cooktop
  • Flooring Type: Wood
  • Interior: Separate/Formal Dining Room, High Ceilings, Walk-In Pantry, Walk-In Closet(s)
  • Fireplace: Living Room, Primary Bedroom

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 7
  • Total Bedroom Count: 7

Exterior Features

Exterior Information:

  • Private Pool: Yes
  • View: City Lights, Mountain(s), Ocean, Panoramic

Parking Information:

  • Garage Space: 2 spaces
  • Parking: Door-Multi, Garage

Virtual/3D Tour

  • Virtual Tour: 29800 Cuthbert Rd
Virtual Tour

Lot Features

Lot Information:

  • Lot Size: 2.09 Acres

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

Other

Directions Information:

  • Directions: PCH to Busch Drive left on Cuthbert to address

Price Information

Listing Price Info

Price Summary:

  • List Price: $15,450,000
  • Price Per SqFt: $2,323/SqFt

Tax Information:

  • Annual Amount: $40,845
  • 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

29800 Cuthbert Rd vs Malibu

93 DAYS ON ROCKET

-5 Days

$15,450,000

+$11.9M More

$2,323/SqFt

+$1K More

KEY TAKEAWAY

This property is $11.9M more than the Median Sold Price and $1K/SqFt more than other homes in Malibu, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #24427993

Listing Office:

  • Office Name: Compass
  • Office Phone: (310) 395-7090
  • Listing Agent: Jacqueline Chernov

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: 11/17/2024, 11:20:51 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

May 20, 2016Home Sold
$3,938,000
Feb 15, 1994Home Sold
$730,000
Apr 19, 1989Home Sold
$930,000

Tax History

YEARPROP. TAXASSESSMENT
2021$40,845$3,445,526
2020$40,014$3,410,197
2019$47,037$3,343,331
2018$46,839$4,097,095
2017$46,839$4,016,760

History based on county public records data.

Payment Calculator

$77.1K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$46.3K

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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-439265
8
/10
  • Point Dume Marine Science School

  • 6955 Fernhill Dr

  • 1.82 miles

  • Public District Grades KG-5

school-card-donut-439266
8
/10
  • John L. Webster Elementary School

  • 3602 Winter Canyon Rd

  • 7.15 miles

  • Public District Grades KG-5

school-card-donut-439267
9
/10
  • White Oak Elementary School

  • 31761 Village School Rd

  • 7.73 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. The most common type of family is married, no kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 29800 Cuthbert Rd

What is the listing price of this property?

The listing price of 29800 Cuthbert Rd property is $15,450,000.

What type of property is this?

The property 29800 Cuthbert Rd is a house located in Malibu, California, 90265.

Is this property for sale now?

Active Listing: 29800 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 $40,845 (source: MLS/based on county public records data).

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

The last sale was on May 20, 2016 for $3,938,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 29800 Cuthbert Rd has 7 bedrooms and 7 full and 1 half bathrooms.

What is the square footage of this property?

The property 29800 Cuthbert Rd is 6,650 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 29800 Cuthbert Rd is 2024.
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Rocket HomesCaliforniaLos Angeles CountyMalibu9026529800 Cuthbert Rd

This home is located at 29800 Cuthbert Rd in Malibu, CA and zip code 90265 in the Malibu Park neighborhood. This 6,650 square foot home, which was built in 2024, sits on a 2.09 acre lot. Features: 7 bedrooms, 8 bathrooms. It has been listed on Rocket Homes since August 15, 2024 and is currently priced at $15,450,000.

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. The median list price of listings available in October 2024 was $3,500,000, while the average time on the real estate market was 98 days.

From Rocket Homes Real Estate and based on county public records data.

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