Beautifully situated above Zuma in ultra-desirable Malibu Park, this .92 acre property is complete with Ready-To-Issue permits, with an active grading permit for a 5 bed, 5 1/2 bath, 4190 square foot home. Save years and hundreds of thousands of dollars with having completed the 3-5 year permit process this property is ready to begin grading & construction immediately. The sleek, two-story architectural residence will enjoy panoramic sunrise-to-sunset views from large decks and ocean-facing patios. Design features include a spacious, open-plan living/dining/kitchen great room with a wall of glass opening onto a huge view deck, three en-suite bedrooms, including the primary, and two additional bedrooms, a family room, and an expansive view patio on the lower level. Created for privacy, comfort and brilliant indoor-outdoor entertaining, the property is located close to beaches and schools, Point Dume shops and restaurants, with miles of hiking, biking, and equestrian trails nearby. Property is located at the end of the Cul De Sac on Little Busch, a private drive situated above Busch Dr.
Property Details
Property Features
Listing Office:
Office Name: Compass
Office Phone: (310) 230-5744
Listing Agent: Christopher Cortazzo
Exterior Features
Exterior Information:
View: Hills, Ocean, Panoramic, Valley, Water
Lot Features
Lot Information:
Lot: Corners Marked, Sloped Down
Lot Size: 0.93 Acres
Other
Directions Information:
Directions: Pacific Coast Highway to Busch Drive to Address.
Price Information
Listing Price Info
Price Summary:
List Price: $2,195,000
Tax Information:
Annual Amount: $6,367
Tax Year: 2021
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Housing Market Comparison
See how this home compares to others in Malibu, CA.
This property is $1.3M 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: #24443572
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: 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
Listing History
DATE
EVENT
PRICE
Jun 16, 2021
Jun 16, 2021Home Sold
$1,205,000
May 02, 2000
May 02, 2000Home Sold
$355,000
May 02, 1988
May 02, 1988Home Sold
$120,000
Tax History
YEAR
PROP. TAX
ASSESSMENT
2021
$6,367
$504,067
History based on county public records data.
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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.
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 school1.48 miles
Public District Grades KG-5
8
/10
John L. Webster Elementary School
3602 Winter Canyon Rd
Distance between this listing and this school7.10 miles
Public District Grades KG-5
9
/10
White Oak Elementary School
31761 Village School Rd
Distance between this listing and this school8.13 miles
Public District Grades KG-5
Nearby Schools
7
/10
Malibu Middle School
30237 Morning View Dr
Distance between this listing and this school0.33 miles
Public District Grades 6-8
7
/10
Lindero Canyon Middle School
5844 Larboard Ln
Distance between this listing and this school9.25 miles
Public District Grades 6-8
8
/10
Arthur E. Wright Middle School
4029 Las Virgenes Rd
Distance between this listing and this school10.01 miles
Public District Grades 6-8
Nearby Schools
8
/10
Malibu High School
30215 Morning View Dr
Distance between this listing and this school0.33 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 school8.93 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 school8.93 miles
The neighbors living near this home have an average income of $245,198. Residents of Malibu, CA typically earn $200k+ each year. 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 5942 Busch Dr
What is the listing price of this property?
The listing price of 5942 Busch Dr property is $2,195,000.
What type of property is this?
The property 5942 Busch Dr is land located in Malibu, California, 90265.
Is this property for sale now?
Active Listing: 5942 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 $6,367 (source: MLS/based on county public records data).
When was this property sold last time and for how much?
The last sale was on June 16, 2021 for $1,205,000. (source: MLS/tax record).
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This home is located at 5942 Busch Dr in Malibu, CA and zip code 90265 in the Malibu Park neighborhood. This home sits on a 0.93 acre lot. It has been listed on Rocket Homes since September 23, 2024 and is currently priced at $2,195,000.
In October 2024 more than 2 listings in Malibu, CA were sold above the asking price. During the same period more than 3 listings were sold at asking price, while more than 6 were sold below. The inventory of homes for sale in Malibu, CA between September 2024 and October 2024 increased by 9.8%. In October 2024 median list price was $3,500,000 and the average listing age was 98 days.
From Rocket Homes Real Estate and based on county public records data.
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. 
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