SOLD 04/18/2024
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Land sold for $3,000,000 in 170 days
29652 Cuthbert Rd Malibu, CA, 90265
Off the market 1.77 acres
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!
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Property details
77,212 sqft interior area
View
Ocean
Land area
77,212 sqft (1.77 acres)
Price per sqft
$38/sqft
Address
29652 Cuthbert Rd, Malibu, CA, 90265
City of California
Malibu
County
Los Angeles
Previous price
$3,800,000
District
Listing
Zoning
LCRA
Open Houses
No upcoming open houses
Listed by
Madison Hildebrand, Compass
Name
Madison Hildebrand
License number
01413280
Brokerage company
Compass
MLS #
CL23327777
Buyer agent
Name
Madison Hildebrand
Brokerage company
Compass
Payment calculator
Calculate your monthly payments
Mortgage
$9,211
Taxes
$0
HOA dues
$0
Mortgage
$600,000 / 20%
2.28%
30 years
Your amount
$9,211 / month
Lot details
TMK #4469011006
Parcel #
4469011006
90265 info
Essentials nearby
Neighborhood stats
Walkability
Coffee shops
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no data
Bus stop
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Supermarket
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no data
Costco
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no data
Hospital
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no data
Park
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no data
Beach
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no data
Elementary school
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no data
Middle school
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no data
High school
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Local airport
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no data
People living in 90265
36%
Families with children
National average: 39%
38%
Non family households
41,394
Population
$183,117
Average Income
Age & gender
Median age 49 years
More info
Commute types
74% commute by car
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Education level
34% have bachelor education
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Number of employees
9% work in management
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Vehicles available
49% have 2 vehicle
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Vehicles by gender
49% have 2 vehicle
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Housing market insights for
$3.81m
Neighborhood average
sales price*
sales price*
$2.35m
Neighborhood median
sales price*
sales price*
46
Number
of sales*
of sales*
Housing type
67% are single detacheds
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Rooms
32% of the houses have 6 or 7 rooms
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Bedrooms
56% have 2 or 3 bedrooms
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Owners vs Renters
75% are owners
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7 / 20
Below Average
►
15-20
Most Walkable
10-15
Above Average
5-10
Below Average
1-5
Least Walkable
Walkability according to the National Walkability Index
Utilities
Other Water/Sewer
Utilities
Other Water/Sewer
Location Details, Documents & Disclosures
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Directions to property
PCH to Busch Dr, left on Cuthbe
Price history
Sold Apr 18, 2024
| Date | Event | Price | $/sqft | Source |
|---|---|---|---|---|
| Apr 18, 2024 | Sold | $3,000,000 | 38.85 | Public Record |
| Apr 18, 2024 | Price Decrease | $3,000,000 -14.29% | 38.85 | MLS #CL23327777 |
| Apr 8, 2024 | Pending | $3,500,000 | 45.33 | MLS #CL23327777 |
| Mar 12, 2024 | Under contract | $3,500,000 | 45.33 | MLS #CL23327777 |
| Jan 18, 2024 | For sale | $3,500,000 | 45.33 | MLS #CL23327777 |
| Jan 18, 2024 | Price Decrease | $3,500,000 -7.89% | 45.33 | MLS #CL23327777 |
| Nov 22, 2023 | Under contract | $3,800,000 | 49.22 | MLS #CL23327777 |
| Nov 1, 2023 | New Listing | $3,800,000 | 49.22 | MLS #CL23327777 |
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Frequently Asked Questions about 29652 Cuthbert Rd
What is 29652 Cuthbert Rd?
29652 Cuthbert Rd is a lot of 1.77 acres (about is 77,212 sqft).
What is the full address of this Land?
29652 Cuthbert Rd, Malibu, CA, 90265.
Tell me about the point of interest nearby
The closest grocery stores are Pavilions 2813, 0.98 miles away and Vintage Grocers, 1.29 miles away.
Based on information from the bridgeMLS as of 05-14-2024. 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. Properties may or may not be listed by the office/agent presenting the information.
Listing last updated on: Apr 23, 2024
Verhouse Last checked 2 minutes ago
The closest grocery stores are Pavilions 2813, 0.98 miles away and Vintage Grocers, 1.29 miles away.
The 90265 zip area has a population of 41,394, and 36% of the families have children. The median age is 49.86 years and 74% commute by car. The most popular housing type is "single detached" and 75% is owner.
