NOT LISTED FOR SALE

29934 Cuthbert Rd Malibu, CA 90265

Malibu Area

Estimated Value: $3,528,000 - $5,305,521

2.35 Acres
$1,780,256 Price per Acre
102,434 Sq Ft Lot

Sale Details

Date Sold: May 25, 2021

Last sale price $2,800,000 $801 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $25,754 / mo

178 Days on Market

Highlights

  • Ocean View
  • Malibu Elementary School Rated A
  • Property is near park

About This Lot

As of May 2021

WOOLSEY FIRE BURNOUT! This approximately 2.35 acre with unobstructed ocean and mountain views is fully permitted and ready to build your dream home with plans for a spectacular modern masterpiece with basement and outbuildings by architect Vitus Matare. Located in Malibu Park and minutes away from one of the most beautiful Malibu beaches, the double-gated and walled compound offers extreme privacy in a serene and idyllic setting. Includes shovel ready plans and permits for the main house and an approximately 1200sf barn and large 55' pool. The project falls under the 2019 building code, which represents substantial construction savings.

Last Agent to Sell the Property

Chris Cortazzo

Compass License #01190363 Listed on: 11/16/2020

Compass

Co-Listed By

Kirby Kotler

Compass License #01872348

Last Buyer's Agent

Gail Copley

Coldwell Banker Realty License #00943961

Coldwell Banker Realty

Property Details

Property Type

  • Land

Lot Details

  • 2.35 Acre Lot
  • Property is zoned LCRA20

Property Views

  • Ocean
  • Mountain

Additional Features

  • Property is near park
  • Property is located within a water district

Listing and Financial Details

  • Assessor Parcel Number 4469-009-013

Property Details

Property Type

Land

Lot Details

2.35 Acres

Listing Details

  • Property Type: Land
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

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

Utilities

  • Cable: No
  • Electric: In Street
  • Gas: In Street
  • Telephone Service: In Street
  • Telephone: No
  • Water: District

Lot Info

  • Special Zoning: Coastal Commission
  • Horses: No
  • Assessor Parcel Number: 4469-009-013
  • Lot Location: Park Nearby
  • Lot Size Area: 102434
  • Staked: No

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

Listed on
Nov 16, 2020
Closed on
Jun 8, 2021
Sold by
Bought by
Seller's Agent
Chris Cortazzo
Compass
Buyer's Agent
Gail Copley
Coldwell Banker Realty
List Price
$2,995,000
Sold Price
$2,800,000
Premium/Discount to List
-$195,000
-6.51%
Current Estimated Value
$4,186,380

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,386,380
Avg. Annual Appreciation
8.16%

Purchase Details

Listed on
Nov 16, 2020
Closed on
May 11, 2021
Sold by
Bought by
Seller's Agent
Chris Cortazzo
Compass
Buyer's Agent
Gail Copley
Coldwell Banker Realty
List Price
$2,995,000
Sold Price
$2,800,000
Premium/Discount to List
-$195,000
-6.51%

Purchase Details

Closed on
May 7, 2019
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
$900,000
Interest Rate
0.037%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
May 11, 1998
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
-- Lawyers Title
$2,800,000 Lawyers Title
$1,825,000 Chicago Title Company
$1,215,000 Lawyers Title Company
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
Open $4,200,000
Closed $4,225,000
Closed $2,800,000
Previous Owner $900,000
Previous Owner $600,000
Previous Owner $1,000,000
Previous Owner $250,000
Previous Owner $738,700
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
05/25/2021 05/25/21 Sold $2,800,000 -6.5% $801 / Sq Ft
05/13/2021 05/13/21 Pending -- -- --
01/25/2021 01/25/21 For Sale $2,995,000 +7.0% $857 / Sq Ft
01/25/2021 01/25/21 Off Market $2,800,000 -- --
12/07/2020 12/07/20 Price Changed $2,995,000 -4.9% $857 / Sq Ft
11/16/2020 11/16/20 For Sale $3,150,000 -- $901 / 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 $37,701 $3,030,809 $3,030,809
2024 $34,967 $2,971,382 $2,971,382
2023 $34,293 $2,913,120 $2,913,120 $0
2022 $33,845 $2,856,000 $2,856,000 $0
2021 $21,983 $1,843,907 $1,843,907 $0
2020 $21,817 $1,825,000 $1,825,000 $0
2019 $17,083 $1,391,439 $1,391,337 $102
2018 $22,801 $1,946,451 $1,364,056 $582,395
2016 $21,952 $1,870,870 $1,311,089 $559,781
2015 $21,658 $1,842,769 $1,291,396 $551,373
2014 $21,387 $1,806,673 $1,266,100 $540,573
Source: Public Records

Agents Affiliated with this Home

  • Chris Cortazzo

    Seller's Agent in 2021

    Chris Cortazzo

    Compass

    (310) 489-7091

    197 Total Sales

    Chris Cortazzo
    Section Image
  • Kirby Kotler

    Seller Co-Listing Agent in 2021

    Kirby Kotler

    Compass

    (310) 600-1106

    4 Total Sales

    Kirby Kotler
    Section Image
  • Gail Copley

    Buyer's Agent in 2021

    Gail Copley

    Coldwell Banker Realty

    (310) 210-9336

    14 Total Sales

    Gail Copley
    Section Image
  • Josh Spiegel

    Buyer Co-Listing Agent in 2021

    Josh Spiegel

    Sotheby's International Realty

    (310) 456-6431

    14 Total Sales

    Josh Spiegel
    Section Image
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Map

Source: The MLS

MLS Number: 20-660154

The MLS

APN: 4469-009-013

California Los Angeles County Malibu 90265

29934 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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