13 days on rocket

5942 Busch Dr, Malibu, CA, 90265

$2,325,000

0.93 Acres
Land
Schools Nearby

Location

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Property Highlights

Home TypeOther
ViewHills, Ocean, Panoramic, Valley, Water
MLS #24385145
Lot Size0.93 Acres
StatusActive

About 5942 Busch Dr

Beautifully situated above Zuma in ultra-desirable Malibu Park, this .92 acre property is complete with Ready-To-Issue permits 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 year permit process this property is ready to begin grading and construction within 2 weeks of request. Create your own dream estate with the option to customize features and finishes available. 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 Drive.

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

School Info

Assigned Schools Information:

  • Malibu High School, Public District Grades 6-12

Other

Directions Information:

  • Directions: Pacific Coast Highway to Busch Drive to Address.

Price Information

Listing Price Info

Price Summary:

  • List Price: $2,325,000

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.

Med. Sold Price

$3.2M

Med. Price/SqFt

$1,339

Avg. Days On Market

61

# of Sold Homes

13

5942 Busch Dr vs Malibu

13 DAYS ON ROCKET

-48 Days

$2,325,000

-$950.6K Less

KEY TAKEAWAY

This property is $950.6K 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: #24385145

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: 5/10/2024, 11:20:37 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

Jun 16, 2021Home Sold
$1,205,000
May 02, 2000Home Sold
$355,000
May 02, 1988Home Sold
$120,000

Tax History

YEARPROP. TAXASSESSMENT
2021$6,367$504,067

History based on county public records data.

Payment Calculator

$11.6K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$7,037

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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-10149233
9
/10
  • Malibu High School

  • 30215 Morning View Dr

  • 0.37 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. Residents of Malibu, CA typically earn $200k+ each year. Typical family type 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 5942 Busch Dr

What is the listing price of this property?

The listing price of 5942 Busch Dr property is $2,325,000.

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 are the assigned schools for this property?

The assigned schools for 5942 Busch Dr 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 $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).

How much acreage is this property?

The property 5942 Busch Dr is 0.93 acres.
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Rocket HomesCaliforniaLos Angeles CountyMalibu902655942 Busch Dr

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 April 27, 2024 and is currently priced at $2,325,000.

Malibu, CA housing market in April 2024 saw over 1 listings sold above listed price, more than 0 sold at listed price and over 12 sold below. In April 2024 in Malibu, CA there were 18.2% more homes for sale than in March 2024. The median list price of listings available in April 2024 was $3,275,600, while the average time on the real estate market was 61 days.

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

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