29623 Cuthbert Road, Malibu, California 90265, Malibu, 90265 - 5 bed, 8 bath

29623 Cuthbert Road, Malibu, California 90265 home-pic-0
ACTIVE$14,890,000
29623 Cuthbert Road, Malibu, California 90265
5Beds
8Baths
6,782Sqft
63,598Lot
Year Built
2024
Close
-
List price
$14.89M
Original List price
$15.5M
Price/Sqft
$2,196
HOA
-
Days on market
-
Sold On
-
MLS number
25479989
Home ConditionExcellent
Features
Excellent View: Ocean
Deck
Pool
Spa
Patio
ViewOcean

About this home

We found 3 Cons,5 Pros. Rank: price - $14.89M(88th), sqft - 6782(90th), beds - 5(78th), baths - 8(92th).

New Construction in Malibu. Motivated seller. Bring all offers! Welcome to a luxurious haven in the heart of Malibu close to our newly contructed schools. Located on roughly one and a half acres useable acres, this exquisite 6,782 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 large media room off the living room provides a second gathering space for living and entertaining. 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 and basketball hoop 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.

Price History

Date
Event
Price
08/26/25
Price Change
$14,890,000
01/10/25
Listing
$15,499,000
02/09/22
Sold
$2,686,500
06/19/18
Sold
$3,225,000
12/15/10
Sold
$1,740,000
Condition Rating
Excellent

This property is new construction, built in 2024, which immediately places it in the highest quality category. The description explicitly states 'New Construction' and 'luxurious haven,' with images confirming a sleek, contemporary design featuring high-end finishes, gourmet appliances (Sub-Zero, built-in espresso maker, double ovens), modern light fixtures (recessed linear lighting, stylish pendants), and luxurious bathrooms with freestanding tubs and glass showers. All components are new or virtually new, meeting current quality standards with no deferred maintenance.
Pros & Cons

Pros

Prime Malibu Location & Ocean Views: Unrivaled location in Malibu offering sweeping ocean views from multiple vantage points, with close proximity to schools, Zuma Beach, and hiking trails, defining a premium coastal lifestyle.
New Construction & Modern Luxury: A brand-new 2024 build featuring contemporary design, sleek stone finishes throughout, and high-end architectural elements like an oversized glass pivot door, ensuring modern appeal and move-in readiness.
Resort-Style Amenities & Entertainment: Boasts an impressive suite of amenities including a pool, spa, ocean view fire pit, pickleball court, basketball hoop, dedicated poolside gym, media room, built-in bar, and wine wall, designed for lavish entertaining and an active lifestyle.
Expansive & Functional Layout: A substantial 6,782 sqft estate on 1.5 usable acres, offering 5 generously sized bedrooms, 7.5 bathrooms, a separate guest house, and a spacious three-car garage, providing generous space and versatile living arrangements.
Gourmet Chef's Kitchen: A meticulously designed kitchen equipped with two center islands and top-of-the-line gourmet appliances, including a six-burner stove, double ovens, built-in espresso maker, and Sub-Zero refrigeration, catering to serious culinary needs.

Cons

Limited Buyer Pool: The ultra-luxury price point and specific Malibu location inherently restrict the potential buyer demographic to an extremely affluent and niche market.
High Ongoing Maintenance Costs: The extensive array of luxury features and large property size, including a pool, spa, and sports courts, will necessitate significant ongoing maintenance, utility, and operational expenses.
Perception of 'Motivated Seller': While potentially an opportunity for buyers, the 'motivated seller' designation could imply a longer sales cycle or initial pricing challenges, which might be perceived as a slight market weakness.

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