Sold for $2,810,000 on 04/23/25
$2,810,000
29636 Cuthbert Rd, Malibu, CA 90265
--beds
--baths
1.05Acres
Unimproved Land
Built in ----
1.05 Acres Lot
$2,908,000 Zestimate®
$--/sqft
$5,227 Estimated rent
Home value
$2,908,000
$2.62M - $3.23M
$5,227/mo
Zestimate® history
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What's special
Property was sold off market. Listing was uploaded to MLS for comparable sales purposes. Build the private compound of your dreams in one of Malibu's best neighborhoods! With over 1 acre of usable land and unobstructed ocean views, this premier lot in Malibu Park will be sold with permits ready to issue for a private estate designed by Colega Architects. Situated on the southern side of Cuthbert, the property boasts panoramic views of the ocean, islands, and surrounding Santa Monica Mountains. The ~6,000 square foot compound is an exemplary mid-century modern with impressive volumes and the perfect blend of grand rooms to entertain and private retreats to recharge and rejuvenate. A central great room flows seamlessly from a living area to a dining area and into an open-concept kitchen, featuring a massive island, breakfast bar, and a fully equipped butler's pantry. The primary suite is situated at the southernmost point of the home and includes an ocean-view bedroom with outdoor access and a spa-like bathroom with dual vanities, a soaking tub, and access to a private courtyard. There are three additional en-suite bedrooms, plus a family room and office. Designed for seamless indoor/outdoor living, the plans offer a plethora of beautiful outdoor spaces, with a massive half-covered sun deck connecting the living areas to a pool/spa, a built-in cold plunge, a grassy lawn, a rooftop deck with a gas fire pit, and more. The home totals ~4,521 square feet of living space and an attached~540 sq. ft. two-car garage. The sale also includes plans for a detached ADU of ~1,200 sq. ft. that is nearly ready to submit, complete with underlying geology documents and a location with setbacks compliant with the City's regulations. This home is moments from both Zuma Canyon and the Backbone trail network, providing endless miles for hiking, mountain biking, and horseback riding. Malibu Park offers the perfect blend of luxury and serenity in a rural setting, minutes from the sand and surf at Zuma Beach, highly-ranked schools, markets, restaurants, and more. With the costly process of planning and achieving permits already completed, this is a rare opportunity to build a private compound in one of Malibu's most idyllic neighborhoods. Permits are pending and the lot will be delivered fully entitled at the close of escrow with permits ready to issue.
Zillow last checked: 8 hours ago
Listing updated: April 23, 2025 at 08:16am
Listed by:
Russell Grether DRE # 01836632 310-230-5771,
Compass 310-230-5744
Bought with:
Michael Schaffer, DRE # 02130198
Compass
Kelli Kilty, DRE # 02154921
Compass
Source: CLAW,MLS#: 25503857
Price history
| Date | Event | Price |
|---|---|---|
| 4/23/2025 | Sold | $2,810,000-6.2% |
Source: | ||
| 11/26/2024 | Contingent | $2,995,000 |
Source: | ||
| 8/21/2024 | Price change | $2,995,000-9.1% |
Source: | ||
| 7/12/2024 | Price change | $3,295,000-12.1% |
Source: | ||
| 6/21/2024 | Listed for sale | $3,750,000+63% |
Source: | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $30,381 +7.4% | $2,440,778 +2% |
| 2024 | $28,283 +2.2% | $2,392,920 +2% |
| 2023 | $27,677 +27.3% | $2,346,000 +29% |
Find assessor info on the county website
Neighborhood: Malibu Park
Nearby schools
GreatSchools rating
- 6/10Malibu ElementaryGrades: K-5Distance: 1.7 mi
- 8/10Malibu MiddleGrades: 6-8Distance: 0.8 mi
- 9/10Malibu High SchoolGrades: 9-12Distance: 0.6 mi
