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

5637 Busch Drive, Malibu, California 90265 home-pic-0

5637 Busch Drive

Malibu, California 90265

ACTIVE
CONDITION: EXCELLENT
3Beds
3Baths
3,767Sq Ft
25,877Lot Size

Property Price

LIST PRICE$8,750,000
EST. MARKET VALUE
$8,330,547
4% AboveMARKET VALUE

SUMMARY

Analysis of 5637 Busch Drive, Malibu, California 90265 reveals a property with a current list price of $8,750,000, which is 4% above the estimated $8,330,547 Fair Market Value. Buyers should carefully evaluate the pricing and consider negotiation opportunities. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. Located in a high-demand neighborhood within the Malibu Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.

Estimated Market Value

$8,330,547
Based on Realkey algorithm analyzing recent comparable sales in Malibu.

Condition Analysis

OVERALL CONDITION SCORE

Excellent
TeardownExcellent

Property is new construction or fully renovated.

This property was newly constructed in 2024, making it brand new. The kitchen features sleek, integrated appliances and modern cabinetry, while the bathrooms boast luxurious hand-poured terrazzo finishes, floating vanities, and contemporary fixtures. All components are new, high-quality, and meet current standards, indicating no deferred maintenance and minimal physical depreciation.

PROSSTRENGTHS & OPPORTUNITIES

  • High Available Lot Utilization

    The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 25877, living area = 3767.

  • Architectural Masterpiece

    Designed by John Klopf, AIA, this 'Glass House' is a midcentury modern masterwork featuring floor-to-ceiling glass, warm woods, and hand-poured terrazzo, offering a unique and artistic living experience.

  • Unrivaled Ocean & Mountain Views

    Beautifully elevated above Zuma in Malibu Park, the residence boasts stunning blue-hued views of the Pacific Ocean and the earth-toned coastal mountains.

CONSRISKS & DEFICIENCIES

  • Exclusivity of Price Point

    The $8.75 million listing price positions this property in an ultra-luxury segment, significantly narrowing the potential buyer pool.

  • Limited Bedroom Count

    With only 3 bedrooms for a property of this scale and price, it may not accommodate larger families or those requiring extensive guest accommodations.

  • High Maintenance Requirements

    The impeccably curated landscaping, saltwater pool, and pickleball court imply substantial ongoing maintenance costs and time commitment for the homeowner.

About 5637 Busch Drive

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.

Property Details

Public Facts

Property Type
Single Family Residence
Year Built
2024
Lot Size
25,877 Sq. Ft.

Interior

Total Bedrooms
3
Total Bathrooms
3 (3 Full, 0 Half)

Exterior & Parking

No exterior & parking available.

Utilities & Misc

HOA Fee
$0 / Month

Neighborhood Insights

Sensitive Facilities

No sensitive facilities data found.

Neighborhood Comparison

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds3.04.0
44%
Baths3.04.0
44%
Square foot3,7672,960.5
68%
Lot Size25,87718,559.5
56%
Price$8.75M$4.10M
79%
Price per sq ft$2.3K$1.3K
85%
Built year20241979
95%
HOA$0$0
50%
Days on market506221
0%

Pricing History

Listed for Sale

Oct 16, 2024

$8,750,000

Initial Listing

Sold

Mar 14, 2019

$950,000

Public Record

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