Seller's Agent in 2022
Chris Cortazzo
Compass
(310) 489-7091
205 Total Sales
Estimated Value: $3,626,000 - $5,900,000
Welcome to 29800 Cuthbert Road, the ultimate in Malibu dream living. This quintessential property boasts amazing ocean, horizon, and island views, as well as the Santa Monica Mountains as its backdrop! The property is approximately 90,930 SF and currently has a tennis court, pool and jacuzzi, wine vineyard that at its peak produced 1500 bottles of wine, as well as a large barn and multiple fruit trees. All Caissons and retaining walls have been constructed, waterproofed, french drained, and compacted to make a certified pad. This 2.1-acre property has approved plans with the city of Malibu to build a 5,415 SF and 4 BD/4.5 BA home. Plans to build a second floor are being finalized and should be approved shortly. Once the second floor is approved, the home's total build-out will be 5,965 SF with 5 BD/5.5 BA. This architectural gem was designed by James LeCron. The large barn is in addition to the square footage above. This property is a short walk or bike ride to the beach, schools, markets and restaurants, as well as hiking, mountain biking, and horse trails. A full summary of improvements will be provided to prospective buyers. Come experience Malibu at its finest and begin building your dream home
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| M G Investment Properties Llc | $4,000,000 | Equity Title | |
| Pfeiffer William | -- | None Available | |
| Pfeiffer William | $3,938,000 | Lawyers Title | |
| Kaplan Robert J | -- | None Available | |
| Kaplan Robert | -- | Gateway Title | |
| Kaplan Robert | -- | Investors Title Company | |
| Kaplan Robert | -- | First American Title Co | |
| Kaplan Robert | -- | First American Title Co | |
| Barnholtz Barry | $730,000 | Stewart Title |
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | M G Investment Properties Llc | $5,250,000 | |
| Previous Owner | Kaplan Robert | $1,000,000 | |
| Previous Owner | Kaplan Robert | $1,500,000 | |
| Previous Owner | Barnholtz Barry | $584,000 |
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 08/01/2022 08/01/22 | Sold | $4,000,000 | -11.1% | $2,024 / Sq Ft |
| 03/15/2022 03/15/22 | Pending | -- | -- | -- |
| 01/27/2022 01/27/22 | For Sale | $4,500,000 | -- | $2,277 / Sq Ft |
| 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 | $48,869 | $4,244,832 | $4,244,832 | -- |
| 2024 | $48,869 | $4,161,600 | $4,161,600 | -- |
| 2023 | $47,954 | $4,080,000 | $4,080,000 | $0 |
| 2022 | $41,751 | $3,514,436 | $3,514,329 | $107 |
| 2021 | $40,845 | $3,445,526 | $3,445,421 | $105 |
| 2019 | $40,015 | $3,343,331 | $3,343,229 | $102 |
| 2018 | $47,038 | $4,097,095 | $3,277,676 | $819,419 |
| 2016 | $19,618 | $1,671,572 | $1,235,320 | $436,252 |
| 2015 | $19,354 | $1,646,465 | $1,216,765 | $429,700 |
| 2014 | $19,115 | $1,614,214 | $1,192,931 | $421,283 |
Seller's Agent in 2022
Chris Cortazzo
Compass
(310) 489-7091
205 Total Sales
Seller Co-Listing Agent in 2022
Alexander Pfeiffer
Floit Properties
(619) 302-9095
1 Total Sale
Buyer's Agent in 2022
Ziv Gabay
The Beverly Hills Estates
(818) 825-8704
16 Total Sales
Source: The MLS
MLS Number: 22-121907
APN: 4469-041-009