NOT LISTED FOR SALE

29652 Cuthbert Rd Malibu, CA 90265

Malibu Park Neighborhood

Estimated Value: $3,425,000 - $4,385,000

1.77 Acres
$2,112,714 Price per Acre
77,210 Sq Ft Lot

Last Sold April 18, 2024

Last sale price $3,000,000 $1,100 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $20,885/month

132 Days on Market

About This Lot

As of April 2024

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!

Last Agent to Sell the Property

Madison Hildebrand

Compass License #01413280 Listed on: 11/01/2023

Compass

Co-Listed By

Jennifer Chrisman

Compass License #01325526

Last Buyer's Agent

Madison Hildebrand

Compass License #01413280 Listed on: 11/01/2023

Compass

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $23,960

Lot Details

  • 1.77 Acre Lot
  • Lot Dimensions are 158x495
  • Property is zoned LCRA20000*

Property Views

  • Ocean Views

Utilities

  • Property is located within a water district
  • Septic Tank
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 4469-011-006

Property Details

Property Type

Land

Est. Annual Taxes

$23,960

Lot Details

0

Listing Details

  • Property Type: Land
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Lot Acreage: 1.7725
  • Lot Dimensions: 158x495
  • Number Of Photos: 18
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Public Street: Yes
  • Street Description: Asphalt, Public
  • View: Ocean
  • View: Yes

Utilities

  • Cable: Yes
  • Electric: In Street
  • Sewer: Septic Tank
  • Telephone: Yes
  • Water: Water District

Schools

  • School District: Santa Monica-Malibu Unified School District

Lot Info

  • Special Zoning: Coastal Commission
  • Assessor Parcel Number: 4469-011-006
  • Lot Size Area: 77212
  • Topography: Flat,Varied

MLS Schools

  • School District: Santa Monica-Malibu Unified School District

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 1, 2023
Closed on
Apr 11, 2024
Sold by
Douglas Estate Incorporated
Bought by
Malibu Cuthbert Road Llc
Seller's Agent
Madison Hildebrand
Compass
Buyer's Agent
Madison Hildebrand
Compass
List Price
$3,500,000
Sold Price
$3,000,000
Premium/Discount to List
-$500,000
-14.29%
Views
33
Current Estimated Value
$3,419,981

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$419,981
Avg. Annual Appreciation
12.56%

Purchase Details

Listed on
May 3, 2019
Closed on
Jun 18, 2019
Sold by
U S Bank National Association
Bought by
Douglas Estate Incorporated
Seller's Agent
Joyce Essex Harvey
Coldwell Banker Realty
Buyer's Agent
Irma Maturino
CENTURY 21 CITRUS REALTY INC
List Price
$2,100,000
Sold Price
$1,650,000
Premium/Discount to List
-$450,000
-21.43%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.26%

Purchase Details

Closed on
Nov 12, 2018
Sold by
Ridgway John A
Bought by
U S Bank Na and The Rmac Trust

Purchase Details

Closed on
Sep 27, 2015
Sold by
Team Fecteau Inc
Bought by
Sedlar Robert

Purchase Details

Closed on
Feb 22, 2014
Sold by
Esp Consultants Llc
Bought by
Team Fecteau Inc

Purchase Details

Closed on
Sep 27, 2012
Sold by
Ridgway John
Bought by
The 29652 Cuthbert Road Partnership

Purchase Details

Closed on
Sep 13, 2012
Sold by
Ridgway John
Bought by
The 29652 Cuthbert Road Partnership

Purchase Details

Closed on
Jun 15, 2012
Sold by
Ridgway John
Bought by
The 29652 Cuthbert Road Partnership

Purchase Details

Closed on
Apr 27, 2012
Sold by
Ridgway John A
Bought by
Baker Street Funding Llc and The 29652 Cuthbert Rd Trust #031201

Purchase Details

Closed on
Nov 1, 2011
Sold by
Ridgway John
Bought by
The 29652 Cuthbert Road Partnership

Purchase Details

Closed on
Apr 6, 1995
Sold by
Sayles Michael and Pointer Sayles Ruth
Bought by
Ridgway John A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$760,000
Interest Rate
6.87%
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Malibu Cuthbert Road Llc $3,000,000 Lawyers Title
Douglas Estate Incorporated $1,650,000 Fidelity National Title
U S Bank Na $2,701,844 Accommodation
Sedlar Robert -- None Available
Team Fecteau Inc -- None Available
The 29652 Cuthbert Road Partnership -- None Available
The 29652 Cuthbert Road Partnership -- None Available
The 29652 Cuthbert Road Partnership -- None Available
Baker Street Funding Llc -- None Available
The 29652 Cuthbert Road Partnership -- None Available
Ridgway John A $950,000 Equity Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ridgway John A $2,405,000
Previous Owner Ridgway John A $350,000
Previous Owner Ridgway John A $1,851,000
Previous Owner Ridgway John A $771,250
Previous Owner Ridgway John A $295,000
Previous Owner Ridgway John A $2,025,000
Previous Owner Ridgway John A $135,000
Previous Owner Ridgway John A $1,500,000
Previous Owner Ridgway John A $700,000
Previous Owner Ridgway John A $200,000
Previous Owner Ridgway John A $1,600,000
Previous Owner Ridgway John A $275,000
Previous Owner Ridgeway John A $1,267,500
Previous Owner Ridgeway John A $75,000
Previous Owner Ridgway John A $1,125,000
Previous Owner Ridgway John A $938,000
Previous Owner Ridgway John A $650,000
Previous Owner Ridgway John A $210,000
Previous Owner Ridgway John A $760,000
Closed Ridgway John A $95,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/18/2024 04/18/24 Sold $3,000,000 -14.3% $1,100 / Sq Ft
03/12/2024 03/12/24 Pending -- -- --
01/17/2024 01/17/24 Price Changed $3,500,000 0.0% $1,283 / Sq Ft
01/17/2024 01/17/24 For Sale $3,500,000 -7.9% $1,283 / Sq Ft
11/18/2023 11/18/23 Pending -- -- --
11/01/2023 11/01/23 For Sale $3,800,000 +130.3% $1,393 / Sq Ft
07/03/2019 07/03/19 Sold $1,650,000 -21.4% $605 / Sq Ft
06/13/2019 06/13/19 Pending -- -- --
05/03/2019 05/03/19 For Sale $2,100,000 -- $770 / Sq Ft
Source: The MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $23,960 $3,060,000 $3,060,000 --
2024 $23,960 $1,769,131 $1,769,131 --
2023 $20,821 $1,734,443 $1,734,443 $0
2022 $20,478 $1,700,435 $1,700,435 $0
2021 $20,006 $1,667,094 $1,667,094 $0
2019 $34,530 $2,900,000 $2,900,000 $0
2018 $16,663 $1,402,427 $996,170 $406,257
2016 $16,041 $1,347,972 $957,489 $390,483
2015 $20,918 $1,776,673 $1,254,122 $522,551
2014 $20,649 $1,741,871 $1,229,556 $512,315
Source: Public Records

Agents Affiliated with this Home

  • Madison Hildebrand

    Seller's Agent in 2024

    Madison Hildebrand

    Compass

    (310) 818-5788

    3 in this area

    60 Total Sales

    Section Image
  • Jennifer Chrisman

    Seller Co-Listing Agent in 2024

    Jennifer Chrisman

    Compass

    (310) 818-5788

    3 in this area

    52 Total Sales

    Section Image

  • J

    Seller's Agent in 2019

    Joyce Essex Harvey

    Coldwell Banker Realty

    Section Image

  • S

    Seller Co-Listing Agent in 2019

    Sean Freeman

    Coldwell Banker Realty

    (310) 273-3113

    Section Image

  • I

    Buyer's Agent in 2019

    Irma Maturino

    CENTURY 21 CITRUS REALTY INC

See All Agents

Map

Source: The MLS

MLS Number: 23-327777

The MLS

APN: 4469-011-006

California Los Angeles County Malibu 90265 Malibu Park

29652 Cuthbert Rd, Malibu, CA

This home is located at 29652 Cuthbert Rd, Malibu, CA 90265 since 01 November 2023 and is currently estimated at $3,744,786, approximately $1,372 per square foot. 29652 Cuthbert Rd is a home located in Los Angeles County with nearby schools including Malibu Elementary School, Malibu Middle School, and Malibu High School.

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The MLS © 2025 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). 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.
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