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. 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: 3,721 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: $1,303/SqFt
Tax Information:
Annual Amount: $4,762
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 $1.3M more than the Median Sold Price and $21/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
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, 2:20:58 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
Tax History
YEAR
PROP. TAX
ASSESSMENT
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
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$24.2K
Per Month
Principal & Interest
$24.2K
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
$14.6K
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 school1.59 miles
Public District Grades KG-5
8
/10
John L. Webster Elementary School
3602 Winter Canyon Rd
Distance between this listing and this school6.96 miles
Public District Grades KG-5
9
/10
White Oak Elementary School
31761 Village School Rd
Distance between this listing and this school7.86 miles
Public District Grades KG-5
Nearby Schools
7
/10
Malibu Middle School
30237 Morning View Dr
Distance between this listing and this school0.59 miles
Public District Grades 6-8
7
/10
Lindero Canyon Middle School
5844 Larboard Ln
Distance between this listing and this school8.96 miles
Public District Grades 6-8
8
/10
Arthur E. Wright Middle School
4029 Las Virgenes Rd
Distance between this listing and this school9.74 miles
Public District Grades 6-8
Nearby Schools
8
/10
Malibu High School
30215 Morning View Dr
Distance between this listing and this school0.59 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 school8.67 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 school8.67 miles
The neighbors living near this home have an average income of $245,198. Most Malibu, CA residents have annual incomes $200k+. The most common type of family is married, no kids. Most residents in this area have post secondary degree education.
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 3,721 SqFt (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 5705 Busch Dr in Malibu, CA and zip code 90265 in the Malibu Park neighborhood. This 3,721 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.
While more than 2 listings in Malibu, CA in November 2024 were sold above asking price, there were more than 1 listings sold at asking price, and more than 13 were sold below. The number of listings in Malibu, CA increased by 8.9% between October 2024 and November 2024. In November 2024 median list price was $3,500,000 and the average listing age was 89 days.
From Rocket Homes Real Estate and based on county public records data.