Check Availability
$2,575,000
Land - For Sale

5936 Busch Dr

Malibu, CA 90265
bedrooms
Studio
bathrooms
0 Bath
$12,644
Estimated Monthly
$0
HOA / Fees

About This Property

With sweeping ocean views, huge decks, and a fabulous ocean-view infinity pool, this sensational Malibu Park property is a lovely setting for easy living. The modern 4 bed/4 bath 3700 sf. planned home is located at the end of a long private drive, with abundant privacy and yet just three minutes from Pacific Coast Highway, Zuma Beach, shopping, trails and more. The beautiful modern architectural is planned to have a large great room on the main floor, including a gourmet kitchen, dining, and living area surrounded by panoramic ocean views. Just outside the great room is levels of cascading decks and patios with easy access to a beautiful infinity pool, zen garden, and entertaining area. Above on the second floor, is a secondary bedroom, a family room/gym and master bedroom leading to an expansive deck absorbed by the views. The .92 acre fire rebuild property comes with approved Building and Safety plans and APR in final plan check. The property has a flat pad making for an easy and accessible build. Save years of time and money as property has all surveys and reports available. Create your own dream estate with customization of features, finishes, and landscaping available. Property is located at the end of the Cul De Sac on Little Busch, a private drive situated above Busch Drive.
Unit Size
-
Days on Market
4 days
Land Size
0.92 acres
Price per sqft
-
Property Type
Land
Property Taxes
-
HOA Dues
-
Year Built
1979
Last updated: 3 days ago (CLAWCA #385141)

Price History

Date / Event Date Event Price
Apr 27, 2024 Listed by Compass $2,575,000
Listed by Compass
Apr 26, 2024 No longer available -
No longer available
Jul 15, 2023 Listed by Compass $2,575,000
Listed by Compass
With sweeping ocean views, huge decks, and a fabulous ocean-view infinity pool, this sensational Malibu Park property is a lovely setting for easy living and lively entertaining. The parcel of approximately .92 acre is located at the end of a long private drive, with abundant privacy and yet just three minutes from Pacific Coast Highway, Zuma Beach, and all the shopping and dining amenities of Point Dume. The home is a short distance from Malibu High and has numerous hiking and horseback…
Feb 9, 2023 Sold $1,750,000
Sold

Property Highlights

Building Info

Overview

    General

  • Year Built: 1979
  • Effective Year Built: 1979
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 40,061
  • Total Building Area: 2,825
  • Building Area: 2,825
  • Building Area Measurement: unknown

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 2,825
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: unknown
  • Subdivision: PM70-14
  • Land Acres: 0.92
  • Legal Description 1: *TR=PARCEL MAP AS PER BK 70 PG 14 OF P M LOT/SEC 2

Ownership

  • Current Owner : DEVELOPMENT PROPERTIES LLC
  • Previous Owner : MCNAMARA CAROL A
  • Ownership Rights Codes: unknown
  • Current Owner Is a Corporation Indicator: Yes
  • Vacant Flag Date: Nov 30, 2023

Neighborhood

  • School District Name: Santa Monica-Malibu Unified School District
  • Census Tract: 800411

Zoning

  • Zoning: LCRA20000

Geography

  • Assessors Map Reference: 112-A6
  • Parcel: 4467-028-026
  • Lot: 2
  • Municipality: WEST /POINT DUME
  • Latitude: 34.0259
  • Longitude: -118.818

    Address

  • Full Address: 5936 Busch Dr
  • Address - House Number: 5936
  • Address - Street Name: Busch
  • Address - Suffix Type: Dr
  • State: CA
  • City Name: Malibu
  • Carrier Code: C109
  • 4-Digit Zip Code: 3810
  • Zip Code: 90265

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,871
  • Tax Rate Code Area: 10-853

    Appraisal Valuation

  • Standard Deviation: 0.0676
  • Valuation Date: Nov 22, 2023
  • Confidence Score: 96
  • Final Value: 2,592,945
  • High Value: 2,768,255
  • Low Value: 2,417,635

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $112,016
  • Assessed Land Value: $111,907
  • Assessed Improvements Value: $109

    Sales

  • Current Sale Contract Date: Feb 03, 2023
  • Current Sale Recording Date: Feb 09, 2023
  • Current Sale Transaction ID: 11901841575
  • Current Sale Price: $1,750,000
  • Current Sale Document Type: unknown
  • Current Sale Input Document Number: 84325

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
Land
Loft
-
-
$2,490,000 Sep 5, 2023
-
-
Land
Loft
-
-
$2,690,000 Jan 17, 2024
-
-
Land
Loft
-
-
$2,325,000 Apr 27, 2024
-
-

About Western Malibu


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Nearby Rentals



Frequently Asked Questions

When was property at 5936 Busch Drive built and last sold?
The property at 5936 Busch Drive was built in 1979 and last sold on Feb 3, 2023 for $1,750,000.
How much is this home worth?
The estimated value of the home located at 5936 Busch Drive is $2,600,750.
What are some comparable homes to 5936 Busch Drive?
Homes that are comparable to 5936 Busch Drive include a land property at 29675 Cuthbert Road, 5942 Busch Drive, 30099 Harvester Road.

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