6 months on rocket

29675 Cuthbert Rd, Malibu, CA, 90265

$2,490,000

2.46 Acres
Land
Schools Nearby

Location

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Property Highlights

Home TypeOther
ViewOther, Hills, Mountain(s), Ocean
MLS #23307953
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

School Info

Assigned Schools Information:

  • Malibu High School, Public District Grades 6-12

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: $2,490,000

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

$3.3M

Med. Price/SqFt

$1,385

Avg. Days On Market

109

# of Sold Homes

17

29675 Cuthbert Rd vs Malibu

204 DAYS ON ROCKET

+95 Days

$2,490,000

-$815K Less

KEY TAKEAWAY

This property is $815K 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: #23307953

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: 3/28/2024, 8:20:30 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

$12.4K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$7,532

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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.

High School

school-card-donut-7706142
9
/10
  • Malibu High School

  • 30215 Morning View Dr

  • 0.81 miles

  • Public District Grades 6-12

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. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Living In Malibu Park, Malibu

What type of housing is available in Malibu Park, Malibu?

The predominance of single detached homes in the housing stock of Malibu Park is an important part of its character. This part of Los Angeles-Long Beach-Anaheim offers mainly four or more bedroom and three bedroom homes. Homeowners occupy about 80% of the dwellings in Malibu Park whereas the rest are rented. A majority of the housing growth in this area took place in the 1960s and 1970s.

Is Malibu Park, Malibu a good place to live?

Malibu Park offers a relaxed environment and will appeal to home buyers who enjoy spending time outdoors. This part of Los Angeles-Long Beach-Anaheim is reasonably quiet, as there are generally low levels of noise from traffic. Lastly, there are a few parks close by for residents to enjoy, including Santa Monica Mountains National Recreation Area and Malibu Equestrian Park, which makes them very easy to get to.

Are things conveniently located in Malibu Park, Malibu?

A grocery store is usually reachable within a reasonably short walk from any location in this part of Los Angeles-Long Beach-Anaheim. There are also a few opportunities for those who appreciate nearby restaurants. With respect to education, it is a rather short walk to reach both primary and secondary schools from anywhere in this neighborhood.

What does the transportation in Malibu Park, Malibu look like?

Cars are a great medium of transportation in this neighborhood. It is very easy to find a parking spot. In contrast, residents using public transit may have very limited options in Malibu Park due to the low service level. Thankfully, the neighborhood is connected by a few bus lines, and it is easy to find a nearby bus stop from most properties. A majority of the homes for sale in this part of Los Angeles-Long Beach-Anaheim are located in areas that are not very conducive to walking as very few common errands can be run on foot.

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Frequently Asked Questions About 29675 Cuthbert Rd

What is the listing price of this property?

The listing price of 29675 Cuthbert Rd property is $2,490,000.

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 are the assigned schools for this property?

The assigned schools for 29675 Cuthbert Rd are:
Malibu High School: GreatSchools Rating 9/10

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 06, 2023 and is currently priced at $2,490,000.

In February 2024, from all listings sold in Malibu, CA there were more than 3 sold above asking price, over 14 sold below and more than 0 were sold right at the asked price. The number of homes for sale in Malibu, CA increased by 8.7% between January 2024 and February 2024. In February 2024 median list price was $3,305,000 and the average listing age was 109 days.

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

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