5637 Busch Drive, Malibu, California 90265, Malibu, 90265 - 3 bed, 3 bath

5637 Busch Drive, Malibu, California 90265 home-pic-0
ACTIVE$8,750,000
5637 Busch Drive, Malibu, California 90265
3Beds
3Baths
3,767Sqft
25,877Lot
Year Built
2024
Close
-
List price
$8.75M
Original List price
$8.75M
Price/Sqft
$2,323
HOA
-
Days on market
-
Sold On
-
MLS number
24451253
Home ConditionExcellent
Features
Excellent View: Hills, Mountain(s), Ocean
Deck
Pool
Patio
ViewHills, Mountain(s), Ocean

About this home

Possibly Over-Priced:The estimated price is 4% below the list price. We found 3 Cons,4 Pros. Rank: price - $8.75M(74th), sqft - 3767(65th), beds - 3(38th), baths - 3(46th).

Introducing The Glass House by John Klopf, AIA, the midcentury modern masterwork of Malibu Park. Thoughtfully conceived within the natural landform on over half an acre, this newly constructed single-level residence is beautifully elevated above Zuma, offering blue-hued views of the Pacific Ocean and the earth-toned coastal mountains. An artfully composed blend of floor-to-ceiling glass, warm woods, and handsome, hand-poured terrazzo creates a paradisal, livable art piece. Beyond the saltwater pool and manicured yard, an outdoor sanctuary of impeccably curated landscaping unfolds, with a meandering pathway leading to a fire pit, sculpture garden, and pickleball court. Completing the estate is a secondary A-frame structure, offering versatile space for an office or gym. The Glass House provides a singular living experience, where every element is masterfully designed to inspire and elevate.

Price History

Date
Event
Price
10/16/24
Listing
$8,750,000
03/14/19
Sold
$950,000
Condition Rating
Excellent

This property was newly constructed in 2024, as explicitly stated in the description and confirmed by the pristine condition visible in all images. The kitchen features a modern, minimalist design with integrated, high-end appliances, sleek flat-panel wood cabinetry, and contemporary lighting. The bathrooms are equally luxurious, showcasing modern floating vanities, wall-mounted toilets, high-quality black fixtures, and extensive use of hand-poured terrazzo on floors and walls, including a striking freestanding tub. All components are brand new, meet the highest current quality standards, and show no signs of wear or deferred maintenance, perfectly aligning with the 'Excellent' criteria for a newly built property.
Pros & Cons

Pros

Exceptional Ocean & Mountain Views: Strategically elevated above Zuma, offering stunning blue-hued views of the Pacific Ocean and picturesque coastal mountains.
Luxurious Outdoor Living & Amenities: Features a saltwater pool, meticulously curated landscaping, a fire pit, sculpture garden, and a private pickleball court, creating an unparalleled outdoor sanctuary.
Premium Materials & Design Aesthetic: Showcases an artful blend of floor-to-ceiling glass, warm woods, and hand-poured terrazzo, embodying a sophisticated and 'livable art piece' aesthetic.
Versatile Auxiliary Structure: Includes a secondary A-frame structure, providing flexible space ideal for a home office, gym, or guest quarters, enhancing the property's functionality.

Cons

Ultra-Luxury Price Point: The $8.75 million list price positions this property in an extremely exclusive market segment, significantly narrowing the potential buyer pool.
Ongoing Maintenance Costs: The extensive luxury amenities, including a saltwater pool, curated landscaping, and pickleball court, will incur substantial ongoing maintenance expenses.
Niche Architectural Style: While a strength for enthusiasts, the distinct midcentury modern design by John Klopf, AIA, may appeal to a specific taste, potentially limiting broader market interest compared to more universally appealing styles.

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