Get the App

5942 Busch Drive, Malibu, CA 90265

Property

5942 Busch Drive, Malibu, CA 90265 Sold June 2021 CRMLS
$1,205,000Sold June 2021

Listing Agent: Bill Moss (DRE #00860010) · Listing Office: Coldwell Banker Realty · Contact: 310-457-6550 · Bought with: Bill Moss · Coldwell Banker Realty · MLS #20661982 · Source: CRMLS

40,418 sqft
Lot Size
Property
Type
Ocean
View

How this sale compares

5942 Busch Drive sold for $1,205,000 in June 2021, 6.9% under its $1,295,000 list price, after 200 days on the market. Across 177 closed sales in 90265 over the last 12 months, the median sold price is $1,965,000 and the median is $1,136 per square foot.

$1,136
90265 median per sq ft (12 mo)
$1,965,000
90265 median sold price (12 mo)
177
Closed sales in 90265 (12 mo)
200
Days on market
−6.9%
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 20261$1,750,000

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

Description

Desirable Malibu Park Estate Lot -Close To Beach -.9 Acres. Planning Approval for over 4000 sq.ft home and submitted to Building and Safety . Save years of time and hundreds of thousands of dollars on reports, studies and plans. Start building in a few months ! Tremendous Potential with nearby homes selling from $3M to $25M. Close to Malibu Park Elementary , Junior and High Schools Less than a 1/2 miles to famous Zuma Beach , stores and restaurants. Enjoy nearby endless hiking , biking and horse trails . See plans in photo section. Geology, percolation , engineering , fuel modification , survey all completed and approved. The best price estate lot close to the beach in Malibu!

Listing description from the June 2021 sale, as reported to CRMLS.

Sale history

$1,205,000
Sold June 2021 · listed $1,295,000, on market November 2020, 200 days on market · MLS #20661982 · Source: CRMLS
Listing Agent: Bill Moss · Listing Office: Coldwell Banker Realty · Contact: 310-457-6550 · Bought with: Bill Moss · Coldwell Banker Realty

Recent sales near 5942 Busch Drive

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

See homes for sale in Malibu Open the Nalren App

Explore Malibu