5 months on rocket

5705 Busch Dr, Malibu, CA, 90265

$4,850,000

4 Bedrooms
2 Full Baths, 1 Partial
3,546 SqFt
$1,368/SqFt
House

Location

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Property Highlights

Home TypeSingle Family Residence
ParkingDoor-Multi, Driveway, Garage, Garage Door Opener, Guest, Private, One Space, On Street, Unassigned, Uncovered
Garage2 spaces
HeatingCentral
CoolingCentral Air
FireplaceElectric, Living Room
ViewHills, Mountain(s), Ocean, Water
MLS #24404313
Lot Size0.47 Acres
StatusActive

About 5705 Busch Dr

With the blue expanse of the Pacific in one direction and the rolling green foothills of the Santa Monica Mountains in the other, this brand-new Mediterranean modern residence is open, beautifully detailed, and awash with natural light. Vaulted ceilings, cascading chandeliers, expansive art-gallery walls, and wood floors set the tone for this carefully designed and expertly finished home. Perched above Zuma on a lot of approximately 0.47 acre, the residence has comfortable view decks and approved plans for a pool. The main living area is inviting and open, with multiple sets of sliding glass doors suggesting easy indoor-outdoor entertaining. A huge pivoting glass entry door offers tantalizing sight lines as it welcomes visitors to living, dining, and kitchen areas. The living room, detailed with a sleek linear fireplace, opens on two sides to a large wraparound deck where there is ample room for dining, lounging, and enjoying the gorgeous sunsets and ocean views. Across the entry hall is a spacious dining area, also opening to the deck, and the all-Thermador kitchen. Beautiful custom cabinets and elegant tile work define a highly functional and efficient chef's domain with marble countertops, an island with bar seating, a breakfast area, and a butler's pantry. The home's four bedrooms are spacious and serene, with high beamed ceilings and wood floors. The primary suite has a private balcony, a walk-in closet, and a sliding barn door to the lovely spa-style bath. A floating-step stairway leads to a top floor aerie with windows on three sides and enchanting ocean and mountain views. This very special space could easily serve as an extra guest room, a yoga or art studio, an office, media room, or library. The home has a pristine two-car garage and room for garden and patio entertaining in addition to the main deck. This is a handsome and comfortable home convenient to Point Dume, beaches, trails, and all the pleasures of Malibu living. READ AGENT REMARKS REGARDING SQUARE.

Property Details

Property Features

Property Information:

  • Stories: 2
  • Living Area: 3,546 SqFt

Listing Office:

  • Office Name: Compass
  • Office Phone: (310) 230-5744
  • Listing Agent: Christopher Cortazzo

Interior Features

Interior Information:

  • Appliances: Dishwasher, Disposal, Microwave, Oven, Range, Refrigerator, Range Hood
  • Flooring Type: Wood
  • Interior: Breakfast Bar, Cathedral Ceiling(s), Eat-in Kitchen, High Ceilings, Living Room Deck Attached, Open Floorplan, Recessed Lighting, Loft, Walk-In Closet(s)
  • Fireplace: Electric, Living Room

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 2
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

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

Parking Information:

  • Garage Space: 2 spaces
  • Parking: Door-Multi, Driveway, Garage, Garage Door Opener, Guest, Private, One Space, On Street, Unassigned, Uncovered

Lot Features

Lot Information:

  • Lot: Back Yard, Front Yard, Landscaped
  • Lot Size: 0.47 Acres

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

Other

Directions Information:

  • Directions: Pacific Coast Highway to Busch Drive. Continue to destination.

Price Information

Listing Price Info

Price Summary:

  • List Price: $4,850,000
  • Price Per SqFt: $1,368/SqFt

Tax Information:

  • Annual Amount: $4,762
  • 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

5705 Busch Dr vs Malibu

153 DAYS ON ROCKET

+55 Days

$4,850,000

+$1.3M More

$1,368/SqFt

+$52 More

KEY TAKEAWAY

This property is $1.3M more than the Median Sold Price and $52/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: #24404313

Listing Office:

  • Office Name: Compass
  • Office Phone: (310) 230-5744
  • Listing Agent: Christopher Cortazzo

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, 4:21:01 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$4,762$360,833
2020$4,763$357,134
2019$7,184$350,132
2018$7,142$578,231
2017$7,142$566,894

History based on county public records data.

Payment Calculator

$24.2K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$14.6K

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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-428790
8
/10
  • Point Dume Marine Science School

  • 6955 Fernhill Dr

  • 1.59 miles

  • Public District Grades KG-5

school-card-donut-428791
8
/10
  • John L. Webster Elementary School

  • 3602 Winter Canyon Rd

  • 6.96 miles

  • Public District Grades KG-5

school-card-donut-428792
9
/10
  • White Oak Elementary School

  • 31761 Village School Rd

  • 7.86 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 majority of 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 5705 Busch Dr

What is the listing price of this property?

The listing price of 5705 Busch Dr property is $4,850,000.

What type of property is this?

The property 5705 Busch Dr is a house located in Malibu, California, 90265.

Is this property for sale now?

Active Listing: 5705 Busch Dr 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 $4,762 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 5705 Busch Dr has 4 bedrooms and 2 full and 1 half bathrooms.

What is the square footage of this property?

The property 5705 Busch Dr is 3,546 SqFt (source: MLS/tax record).
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Rocket HomesCaliforniaLos Angeles CountyMalibu902655705 Busch Dr

This home is located at 5705 Busch Dr in Malibu, CA and zip code 90265 in the Malibu Park neighborhood. This 3,546 square foot home sits on a 0.47 acre lot. Features: 4 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since June 15, 2024 and is currently priced at $4,850,000.

Malibu, CA housing market in October 2024 saw over 2 listings sold above listed price, more than 3 sold at listed price and over 6 sold below. The inventory of homes for sale in Malibu, CA between September 2024 and October 2024 increased by 9.8%. While the average time on the market in October 2024 was 98 days, the median list price was $3,500,000.

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

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