NOT LISTED FOR SALE

29685 Cuthbert Rd Malibu, CA 90265

Malibu Area

Estimated Value: $4,968,000 - $8,772,000

2.55 Acres
$2,716,826 Price per Acre
111,039 Sq Ft Lot

Sale Details

Date Sold: March 18, 2022

Last sale price $3,025,000 $943 Per Sq Ft

Est. 129% increase in value since last sale

Current estimated payment $44,291 / mo

146 Days on Market

Highlights

  • Ocean View
  • Horse Property
  • Horse Property Unimproved
  • Malibu Elementary School Rated A

About This Lot

As of March 2022

Make your equestrian dream a reality in Malibu. This is your chance to restore one of Malibu's most famous horse properties in Malibu Park located on approximately 2.55 acres to its original glory and more. The current status of the plans: the Seller has approval from Bureau Veritas on 9/15/2021 who handles plan check for building and safety. The plans are being routed to internal departments for final stamps. They have been through Public Works on 10/8/2021 and Environmental Health on 10/13/2021 and are in Geology review now. Plans include an approximately 4,000 square foot 4 bedroom 4.5 bath residence with chefs kitchen, office with wet bar, great room, den/sitting room, laundry room, breakfast nook with built-in seating, media room, roof deck with fireplace and built-in barbecue and outdoor fireplace. Additional features include a 668 square foot two-car garage and 3,118 square foot barn, arena, tack room, training pen, chicken coop, barn with hay loft and twelve horse stalls. Located a stone's throw from the riding and parkland trails on Busch drive, this property offers endless possibilities for all equestrians. Permits for a large barn are hard to obtain. This is a very unique opportunity.

Last Agent to Sell the Property

Susan Monus

Coldwell Banker Realty License #00827409 Listed on: 10/15/2021

Coldwell Banker Realty

Last Buyer's Agent

brandon dicker

California Prime Realty, Inc. License #01958894

Property Details

Property Type

  • Land

Lot Details

  • 2.55 Acre Lot
  • Property is zoned LCRA20

Property Views

  • Ocean
  • Mountain

Additional Features

  • Horse Property
  • Horse Property Unimproved
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 4469-008-008

Property Details

Property Type

Land

Lot Details

2.55 Acres

Listing Details

  • Property Type: Land
  • Street Number Display: Yes
  • Advertising Remarks: Make your horse lovers dream a reality in Malibu. This is your chance to restore one of Malibu's most famous horse properties in Malibu Park located on approximately 2.55 acres to its original glory and more. The plans for the approximately 4,000 square foot home and 3,118 square foot barn will be stamped and permit ready prior to close of escrow. Located a stones throw from the riding and parkland trails on Busch drive, this property offers endless possibilities for all horse lovers.
  • Lot Acreage: 2.5491
  • Probate: No
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Public Street: Yes
  • View: Ocean, Mountains
  • View: Yes

Utilities

  • Cable: No
  • Electric: In Street
  • Sewer: Septic Tank
  • Telephone Service: In Street
  • Telephone: No

Lot Info

  • Special Zoning: Coastal Commission, Property Report
  • Horses: Yes
  • Assessor Parcel Number: 4469-008-008
  • Lot Description: Horse Property Unimproved, Horse Property, Single Lot
  • Lot Size Area: 111040

MLS Schools

  • School District: Santa Monica-Malibu Unified School District

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
May 12, 2025
Sold by
Bought by
Current Estimated Value
$6,925,462

Purchase Details

Closed on
Sep 22, 2023
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$6,525,000
Interest Rate
0.0646%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 15, 2021
Closed on
Mar 11, 2022
Sold by
Bought by
Seller's Agent
Susan Monus
Coldwell Banker Realty
Buyer's Agent
brandon dicker
California Prime Realty, Inc.
List Price
$3,750,000
Sold Price
$3,025,000
Premium/Discount to List
-$725,000
-19.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.13%

Purchase Details

Closed on
Jan 22, 2020
Sold by
Bought by

Purchase Details

Listed on
Aug 29, 2016
Closed on
Jan 30, 2017
Sold by
Bought by
Seller's Agent
Ellen Francisco
Coldwell Banker Realty
Buyer's Agent
Chris Cortazzo
Compass
List Price
$4,250,000
Sold Price
$3,850,000
Premium/Discount to List
-$400,000
-9.41%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.47%

Purchase Details

Closed on
May 4, 2004
Sold by
Bought by

Purchase Details

Closed on
Jan 12, 2004
Sold by
Bought by

Purchase Details

Closed on
Apr 9, 2003
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,925,000
Interest Rate
0.0587%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 16, 1997
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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Average Value
Not Available
List Price
Sold Price
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- None Listed On Document
$6,600,000 Equity Title Company
$3,025,000 Equity Title
$3,000,000 Equity Title Company
$3,850,000 Equity Title Company
-- --
-- --
$2,750,000 First American Title Co
-- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $9,350,000
Previous Owner $6,525,000
Previous Owner $1,000,000
Previous Owner $1,925,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/18/2022 03/18/22 Sold $3,025,000 -12.3% $943 / Sq Ft
03/10/2022 03/10/22 Pending -- -- --
02/11/2022 02/11/22 Price Changed $3,450,000 -8.0% $1,076 / Sq Ft
10/15/2021 10/15/21 For Sale $3,750,000 -2.6% $1,169 / Sq Ft
03/06/2017 03/06/17 Sold $3,850,000 -9.4% $1,200 / Sq Ft View Prior Sale
01/25/2017 01/25/17 Pending -- -- --
08/29/2016 08/29/16 For Sale $4,250,000 -- $1,325 / Sq Ft
Source: The MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $82,621 $6,732,000 $6,732,000
2024 $77,432 $6,600,000 $6,600,000
2023 $37,251 $3,085,500 $3,085,500 $0
2022 $37,552 $3,091,701 $3,091,701 $0
2021 $36,716 $3,254,130 $3,254,025 $105
2020 $39,027 $3,220,763 $3,220,659 $104
2019 $38,681 $3,157,611 $3,157,509 $102
2018 $45,221 $3,927,000 $3,095,598 $831,402
2016 $39,118 $3,386,094 $2,402,093 $984,001
2015 $38,593 $3,335,233 $2,366,012 $969,221
2014 $38,059 $3,269,902 $2,319,666 $950,236
Source: Public Records

Agents Affiliated with this Home

  • Susan Monus

    Seller's Agent in 2022

    Susan Monus

    Coldwell Banker Realty

    (310) 663-1554

    26 Total Sales

    Susan Monus
    Section Image

  • b

    Buyer's Agent in 2022

    brandon dicker

    California Prime Realty, Inc.

    Section Image
  • Ellen Francisco

    Seller's Agent in 2017

    Ellen Francisco

    Coldwell Banker Realty

    (310) 589-2464

    19 Total Sales

    Ellen Francisco
    Section Image
  • Chris Cortazzo

    Buyer's Agent in 2017

    Chris Cortazzo

    Compass

    (310) 489-7091

    197 Total Sales

    Chris Cortazzo
    Section Image
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Map

Source: The MLS

MLS Number: 21-796312

The MLS

APN: 4469-008-008

California Los Angeles County Malibu 90265

29685 Cuthbert Rd, Malibu, CA

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The MLS © 2026 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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