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29623 Cuthbert Rd
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
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Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 16, 2026 | Listed by Serhant California, Inc. | $12,900,000 | |
| Listed by Serhant California, Inc. | |||
| Jun 18, 2026 | Listed by Serhant California, Inc. | $13,800,000 | |
| Listed by Serhant California, Inc. | |||
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Set behind private gates on approx 1.5 acres sits Origin Malibu. This newly completed Malibu estate is a private retreat where contemporary design, sweeping ocean and mountain vistas, and resort-caliber amenities converge. Located just moments from Zuma Beach, the property offers an exceptional lifestyle defined by privacy, luxury, and seamless indoor-outdoor living. Spanning nearly 7,000 square feet, the residence features a predominantly single-level layout with walls of glass that open to expansive terraces, a resort-style pool, and multiple outdoor living and entertaining spaces. Thoughtfully selected finishes, custom stonework, and wide-plank flooring create an atmosphere of understated sophistication throughout. The primary suite serves as a private sanctuary with ocean views, a secluded terrace, and dual spa-inspired baths. Designed for both everyday living and effortless entertaining. A fully independent guest residence provides exceptional flexibility for extended family, long-term guests, executive staff, or a private office and wellness environment. Additional amenities include a private gym, tennis/ basketball court, outdoor pavilion, bar, and beautifully landscaped grounds designed for recreation, relaxation, and entertaining. Private, expansive, and thoughtfully designed, this exceptional offering embodies the very best of contemporary coastal Malibu living.
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| Jan 23, 2026 | Listed by Coldwell Banker Realty | $13,900,000 | |
| Listed by Coldwell Banker Realty | |||
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Modern Malibu Compound. Privacy, Scale, and Views just minutes from Zuma. Tucked behind gates on over 1.5 acres, this newly built estate offers a rare combination of space, privacy, and clean modern design. Spanning nearly 7,000 square feet, the home is designed for seamless indoor-outdoor living, with all primary living spaces on one level. Walls of glass open to expansive terraces, a resort-style pool, and sweeping ocean and mountain views. Inside, the finishes are refined and intentional. Wide-plank flooring, custom stonework, and a chef's kitchen suited for both daily living and entertaining. The primary suite is a private retreat, complete with its own terrace, dual spa-like baths, and unobstructed ocean views. A fully equipped, multi-level guest house offers a separate living experience with its own kitchen, bath, and private space - ideal for guests, staff, or a dedicated workspace. The property is designed as a true compound, featuring a gym, sport court, and multiple outdoor living areas, including a bar and pavilion for entertaining. The grounds are private, landscaped, and fully usable - offering a level of scale and functionality rarely found this close to the coast. Located just minutes from Zuma Beach, Point Dume, and Malibu's best dining, this is where lifestyle and convenience align. In a market where buyers are waiting for something worth moving on - this is it.
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| Jun 10, 2025 | Price Decreased |
$14,890,000
↓ $609K
(3.9%) | |
| Price Decreased | |||
| Jan 10, 2025 | Listed | $15,499,000 | |
| Listed | |||
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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.
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About Western Malibu
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017