Back to Search Nalren

Sold for $6,350,000 · Jun 2022

SOLD

Listed at $6,950,000

Sold

5737 Busch Drive, Malibu, CA 90265

Malibu, CA

MLS# 22132239

4,600 Sq Ft • Single Family Home4bd • 5ba
64 days on market

Listing Agent

Christopher Cortazzo

Listing Agent

Compass

DRE #: 01190363

Brokerage: Compass

Property Details

4

Bedrooms

5

Bathrooms

4,600 sqft

Square Feet

2021

Year Built

0.74 acres

Lot Size

$1,380

Price/Sq Ft

N/A

Garage Spaces

N/A

HOA

Single Family Home

Property Type

Description

This brand-new architectural residence is an entertainer's dream. Sitting behind gates, it is sleek and spacious, with vanishing glass doors and floor-to-ceiling windows opening onto the sensational backyard, with its ocean views, gorgeous Brazilian ipe deck of approximately 3,000 square feet, huge lawn, and zero-edge Pebble Tec pool and spa. The open-plan interior is every bit as impressive, with high ceilings, wide-plank white oak floors, beautiful cabinetry, gallery display walls, and wonderful sightlines. The double-height living room flows seamlessly to the deck, where there is outdoor seating with a fire pit, a dining area, lighted landscaping, and, of course, views. The entertainer's kitchen has a large marble-top island with bar seating and a wall of sublime cabinetry with a broad picture window facing onto the lawn, gardens, and ocean. The adjacent dining area has dramatic wraparound walls of glass opening onto the deck and the swimming pool. There are two bedrooms on the main level, one en-suite and both opening to the ocean-view deck. Upstairs, in addition to a mezzanine office space with ocean and mountain views, there are two exquisite ocean-view master suites with the home's signature high ceilings, enormous windows, and white oak floors. Each suite has a tranquil spa-style bath and a spacious private deck with ample room for day or nighttime lounging. The home's additional features include a poolside outdoor shower, a carport with built-in storage, guest parking for up to two dozen cars, smart-home security and sound systems, and central air conditioning. Designed for a lifestyle of sophisticated comfort and distinguished entertaining, this is a home of rare quality and generous beauty.

Listing description from the June 2022 sale, as reported to CRMLS.

Facts & Features

Details

Stories
2
Pool
Yes
Cooling
CentralAir
Heating
Central
View
Coastline, Mountains, Ocean, Pool

Sale history for 5737 Busch Drive

2 recorded sales

$6,350,000
Sold June 2022 · listed $6,950,000, on market March 2022, 64 days on market · MLS #22132239 · Source: CRMLS
Listing Agent: Christopher Cortazzo · Listing Office: Compass · Contact: 310-230-5744 · Bought with: Brian Whitcanack · Pinnacle Estate Properties
$3,000,000
Sold October 2018 · listed $3,390,000, orig. $3,490,000, on market May 2018, 160 days on market · MLS #18343146 · Source: CRMLS
Listing Agent: Sean Landon · Listing Office: Coldwell Banker Residential Br · Contact: 310-457-6550 · Bought with: Lisa-Maree Carter · Pinnacle Estate Properties

How this sale compares

5737 Busch Drive sold for $6,350,000 in June 2022, 8.6% under its $6,950,000 list price, after 64 days on the market. That works out to $1,380 per square foot on 4,600 square feet. Across 186 closed sales in 90265 over the last 12 months, the median sold price is $1,985,250 and the median is $1,136 per square foot, 18% below this sale's $1,380. 4-bedroom rentals in 90265 currently list at a median of $38,750 a month (111 listings).

$1,380
This sale, per sq ft
$1,136
90265 median per sq ft (12 mo)
$1,985,250
90265 median sold price (12 mo)
186
Closed sales in 90265 (12 mo)
64
Days on market
−8.6%
Sold vs. list price
QuarterClosed sales in 90265Median sold price
Q1 202620$1,812,000
Q2 202690$2,162,500
Q3 202666$1,875,000
Q4 202610$3,430,000

Figures are MLS-reported closed sales (CRMLS); ZIP medians cover the last 12 months. Nalren does not estimate values. Recently sold in Malibu · Homes for sale in 90265

Recent sales near 5737 Busch Drive

Closed sales reported in 90265, nearest first, last 12 months. All recent sales in Malibu →

Explore Malibu