29675 Cuthbert Rd Malibu, CA 90265
Malibu Park NeighborhoodEstimated payment $11,261/month
Total Views
7,919
2.46
Acres
$688,968
Price per Acre
107,166
Sq Ft Lot
Highlights
- Ocean View
- Horse Property
- 2.46 Acre Lot
- Malibu Elementary School Rated A
About This Lot
Discover this unique opportunity located in the sought-after Malibu Park neighborhood with unobstructed ocean views and the Santa Monica Mountains as your backdrop. With 2.45 usable acres, this equestrian dream property has been designed by Burdge Architects with recently upgraded and approved planning department plans for a fire rebuild 3-bed, 2-bath, 3,182 Sq.Ft. home. This spacious lot includes existing horse stables, room for a riding ring/barn, and has easy access to the world-class Zuma Ridge riding/hiking trail. The planning-approved two-story home is situated on the high side of the property, giving both stories a vantage point above all of Malibu Park. The former septic system has been removed, and temporary power is currently onsite for horse-caretaking purposes. Enjoy the close proximity to the beach, schools, markets, restaurants, and outdoor activities like mountain biking and horseback riding. Start building your dream home and experience Malibu at its finest. Burdge Architects are available for interested buyers to correspond regarding the city of Malibu timelines and logistics.
Property Details
Property Type
- Land
Est. Annual Taxes
- $21,285
Year Built
- 1975
Lot Details
- 2.46 Acre Lot
- Lot Dimensions are 148x720
- Property is zoned LCRA20000*
Property Views
- Ocean
- Coastline
- Mountain
- Hills
Additional Features
- Horse Property
- Property is located within a water district
Listing and Financial Details
- Assessor Parcel Number 4469-008-009
Map
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Home Values in the Area
Average Home Value in this Area
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 |
|---|---|---|---|---|
| 2024 | $21,285 | $1,776,665 | $1,776,554 | $111 |
| 2023 | $20,808 | $1,741,829 | $1,741,720 | $109 |
| 2022 | $20,513 | $1,707,676 | $1,707,569 | $107 |
| 2021 | $20,089 | $1,674,193 | $1,674,088 | $105 |
| 2019 | $19,784 | $1,624,537 | $1,624,435 | $102 |
| 2018 | $23,323 | $1,990,725 | $1,592,584 | $398,141 |
| 2016 | $22,475 | $1,913,425 | $1,530,743 | $382,682 |
| 2015 | $22,175 | $1,884,684 | $1,507,750 | $376,934 |
| 2014 | $21,900 | $1,847,767 | $1,478,216 | $369,551 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/09/2025 05/09/25 | Price Changed | $1,695,000 | -15.0% | -- |
| 09/16/2024 09/16/24 | For Sale | $1,995,000 | -- | -- |
Source: The MLS
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Interfamily Deed Transfer | -- | None Available | |
| Grant Deed | -- | Stewart Title Of Ca Inc | |
| Interfamily Deed Transfer | -- | -- | |
| Individual Deed | $555,000 | Stewart Title | |
| Grant Deed | $550,000 | Progressive Title Company |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $1,100,000 | Adjustable Rate Mortgage/ARM | |
| Closed | $1,300,000 | Negative Amortization | |
| Previous Owner | $418,742 | Unknown | |
| Previous Owner | $420,500 | Unknown | |
| Previous Owner | $424,020 | Unknown | |
| Previous Owner | $150,000 | Credit Line Revolving | |
| Previous Owner | $443,000 | Unknown | |
| Previous Owner | $50,000 | Credit Line Revolving | |
| Previous Owner | $443,000 | Unknown | |
| Previous Owner | $444,000 | No Value Available | |
| Previous Owner | $121,200 | No Value Available |
Source: Public Records
Similar Properties in Malibu, CA
Source: The MLS
MLS Number: 24-440382
APN: 4469-008-009
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