So close to being ready to build, this usable 1 3/4 acre property in the desirable Malibu Park neighborhood is ready for a buyer to make their own! Boasting unobstructed panoramic ocean views, an Administrative Plan Review is in hand for a 5,219 square foot modern residence beautifully designed by Vitus Matare - carefully thought out to maximize views, outdoor spaces and luxury living. The future estate will feature a pool, tennis court, and a rooftop deck perfect for entertaining and enjoying the ocean breezes. Close to schools, shopping, and the beach - enjoy the convenience of city amenities while experiencing the tranquility of a casual lifestyle. Whether you're a seasoned developer or a family looking to build your legacy, this property is primed for you to create your own masterpiece. Embrace the Malibu life!
Sold for $3,000,000 on 04/18/24
$3,000,000
29652 Cuthbert Rd, Malibu, CA 90265
--beds
--baths
1.77Acres
Unimproved Land
Built in ----
1.77 Acres Lot
$2,668,300 Zestimate®
$--/sqft
$5,200 Estimated rent
Home value
$2,668,300
$2.05M - $3.44M
$5,200/mo
Zestimate® history
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Owner options
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What's special
Zillow last checked: 8 hours ago
Listing updated: June 28, 2024 at 07:55am
Listed by:
Madison Hildebrand DRE # 01413280 310-919-9144,
Compass 310-230-5744,
Jennifer Chrisman DRE # 01325526 310-818-5788,
Compass
Bought with:
Madison Hildebrand, DRE # 01413280
Compass
Jennifer Chrisman, DRE # 01325526
Compass
Source: CLAW,MLS#: 23-327777
Facts & features
Property
Features
- Has view: Yes
- View description: Ocean
- Has water view: Yes
- Water view: Ocean
Lot
- Size: 1.77 Acres
- Dimensions: 158 x 495
- Topography: Flat,Varied
Details
- Parcel number: 4469011006
- Zoning: LCRA20000*
- Special conditions: Standard
Utilities & green energy
- Electric: In Street
- Sewer: Septic Tank
- Water: Water District
Community & neighborhood
Location
- Region: Malibu
Other
Other facts
- Road surface type: Asphalt
Price history
| Date | Event | Price |
|---|---|---|
| 4/18/2024 | Sold | $3,000,000-14.3% |
Source:  CLAW #23-327777 | ||
| 4/8/2024 | Pending sale | $3,500,000 |
Source: CLAW #23-327777 | ||
| 3/12/2024 | Contingent | $3,500,000 |
Source: CLAW #23-327777 | ||
| 1/17/2024 | Listed for sale | $3,500,000-7.9% |
Source: CLAW #23-327777 | ||
| 11/22/2023 | Contingent | $3,800,000 |
Source: CLAW #23-327777 | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $37,971 +58.5% | $3,060,000 +73% |
| 2024 | $23,960 +15.1% | $1,769,131 +2% |
| 2023 | $20,821 +1.7% | $1,734,443 +2% |
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: 0.7 mi
- 9/10Malibu High SchoolGrades: 9-12Distance: 0.5 mi
Schools provided by the listing agent
- District: Santa Monica-Malibu Unified School District
Source: CLAW. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.