tomo logo

$15,499,000

Beds
5
Baths
7.5
sq ft
6,782

29623 Cuthbert Rd, Malibu, CA 90265

29623 Cuthbert Rd

Malibu, CA 90265

  • 12 days on market
Welcome to a newly constructed luxurious haven in the heart of Malibu. Located on roughly one and a half acres useable acres, this exquisite 6,792 square-foot estate, including a guest house and spacious three-car garage, offers an unparalleled coastal compound, all in close proximity to the Malibu schools, Zuma beach and miles of hiking trails. With five generously-sized bedrooms and seven and a half bathrooms, this elegantly designed trophy property offers ample accommodations and resort-style amenities for hosting and entertaining visiting family and friends. As you enter through the oversized, glass pivot door, the dramatic great room with its sweeping ocean views, walls of sliding glass and a stunning built-in bar, a focal point for unforgettable gatherings, immediately captivates you. Next to the adjacent towering wine wall, an expansive kitchen is a chef's dream come true with two center islands and gourmet appliances including a six-burner stove, double ovens, built-in espresso maker, microwave and touch-open sub-zero refrigerator and freezer. Flowing seamlessly from the kitchen, is the striking ocean view dining area and spacious living area beyond, complete with built-in flat screen and linear fireplace, all opening up to an entertainer's patio. The primary bedroom suite offers a retreat within a retreat, boasting two luxurious bathrooms and individual walk-in closets, providing the ultimate in privacy and pampering. The entertainment possibilities overflow at this majestic property. Gather with friends around the ocean view fire pit, overlooking the pool and spa. For active lifestyle aficionados, a dedicated pickleball court awaits your next game and the dedicated poolside gym beckons you to work out. Spacious patios throughout provide the perfect setting for front row seats to the stunning ocean views. A flat grassy area at the west end of the property is ideal for swing sets or outdoor activities, while the impressive gated entry and expansive driveway ensure ample parking for guests. This contemporary estate offers everything you could desire in a luxury property. With its sleek stone finishes throughout and thoughtfully designed spaces, it is a haven for those who appreciate the finer things in life. Don't miss the opportunity to make this extraordinary property your new home.

Details

Property type

Single Family Residence

Est. home value

$2,737,320

Property condition

New Construction

Lot size

1.46 acres

Price per sq ft

$2,286

Year built

2024

HOA

No

Price History

01/10/2025
CLAW

CLAW #25479989

Listed
$15,499,000
-3.1%
08/20/2024
CLAW

CLAW #24380233

Removed
$15,995,000
04/19/2024
CLAW

CLAW #24380233

Listed
$15,995,000
+495.49%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

High school district: 

Santa Monica-Malibu Unified

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Hec Acceptance Llc

Loan start date

June 2023

Original loan amount

$4,800,000

Est. remaining balance

Not provided

Interest rate

6.39%

Loan type

Commercial

Seller

M G Investment Properties Llc

Lender

Crosswind Mortgage Reit Lp

Loan start date

August 2022

Original loan amount

$5,250,000

Est. remaining balance

Not provided

Interest rate

5.7%

Loan type

Commercial, 1 year

Seller

M G Investment Properties Llc

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 01/22/2025 at 6:40 PM

Listing updated: 01/19/2025 at 10:02 AM

Listed by: Susan Monus, Coldwell Banker Realty Phone #: (310) 457-6550

MLS: CLAW #25479989

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