Make your equestrian dream a reality in Malibu. This is your chance to restore one of Malibu's most famous horse properties in Malibu Park located on approximately 2.55 acres to its original glory and more. The current status of the plans: the Seller has approval from Bureau Veritas on 9/15/2021 who handles plan check for building and safety. The plans are being routed to internal departments for final stamps. They have been through Public Works on 10/8/2021 and Environmental Health on 10/13/2021 and are in Geology review now. Plans include an approximately 4,000 square foot 4 bedroom 4.5 bath residence with chefs kitchen, office with wet bar, great room, den/sitting room, laundry room, breakfast nook with built-in seating, media room, roof deck with fireplace and built-in barbecue and outdoor fireplace. Additional features include a 668 square foot two-car garage and 3,118 square foot barn, arena, tack room, training pen, chicken coop, barn with hay loft and twelve horse stalls. Located a stone's throw from the riding and parkland trails on Busch drive, this property offers endless possibilities for all equestrians. Permits for a large barn are hard to obtain. This is a very unique opportunity.
Vacant landProperty Type
2.55 acresLot Size
$5,891,807Price/Acres
Listed by Susan Monus•DRE #00827409• Coldwell Banker Realty
•310-663-1554 (agent)
•susan@susanmonus.com (agent)
Bought with Brandon Dicker•DRE #01958894• California Prime Realty, Inc.
Aspen Hope Ranch - A Sanctuary Where Coastal Luxury Meets Equestrian Excellence. Privately gated and surrounded by the natural contours of the Santa Monica Mountains, Aspen Hope Ranch is an extraordinary Equestrian Compound perched above the Pacific Ocean. Spanning over 2.5 acres of flat, usable land, this newly constructed estate is a masterwork of organic modern design where warm wood, quarried stone, and glass converge to create a residence as refined as it is rooted in the landscape. Designed for elevated living, the main residence boasts five spacious bedrooms and six bathrooms, each appointed with natural elements, curated textures, and timeless craftsmanship. Soaring ceilings, custom lighting, and expansive sliding walls of glass open to sweeping ocean vistas and blur the lines between indoor and outdoor living. An entertainer's dream, the open concept layout flows from the chef's kitchen, with professional grade appliances and handcrafted cabinetry, to the generous dining and living areas, all perfectly positioned for sunset views and coastal breezes. Outside, indulge in a host of resort style amenities: a saltwater pool and spa, an elegant firepit lounge, multiple alfresco dining areas, and a private pickleball court, all surrounded by meticulously curated gardens and olive groves. Every inch of this property has been thoughtfully designed to deliver a luxurious and tranquil lifestyle. Aspen Hope Ranch is not only architecturally significant but also one of Malibu's premier turnkey equestrian properties. The estate's equestrian facilities are unmatched, featuring eight custom indoor stalls with soft flooring and Dutch doors, three open air stalls ideal for horses who enjoy fresh air and light, and a professionally designed riding arena perfectly positioned for sunrise rides and breathtaking mountain views. Additional amenities include spacious shaded corrals and fenced turnouts, a beautifully appointed tack room with built in cabinetry and saddle racks, a secure and convenient cross-tie area for grooming, bathing, and prep, as well as a detached equestrian office ideal for barn management, trainers, or simply relaxing after a ride. Direct trail access places this estate at the center of Malibu's revered coastal horseback riding community, offering instant access to scenic canyon trails, ocean lookouts, and unforgettable sunset rides. With its privately gated entrance, mature landscaping, and natural topography, Aspen Hope Ranch offers supreme privacy and security, while remaining just minutes from the heart of Malibu, the beach, and top dining and entertainment destinations. This is more than a home, it is a world class retreat for those who seek the rare blend of design, nature, and Equestrian Luxury along California's iconic coast.
CLAW #25514831
Aug 20, 2025
Rental Removed
$54,980
Jul 4, 2025
Price Changed
$54,980
Jun 17, 2025
Listed for Rent
$69,000
Mar 27, 2025
Rental Removed
$90,000
Mar 26, 2025
Listed for Rent
$90,000
bridgeMLS, Bay East AOR, or Contra Costa AOR #CL25476803
Feb 5, 2025
Listing Removed
—
REALLYO #1
Jan 25, 2025
Rental Removed
$95,000
Jan 23, 2025
Listed for Rent
$95,000
CLAW #25-480659
Jan 22, 2025
Rental Removed
$95,000
Jan 12, 2025
Listed for Rent
$95,000
TheMLS #21-796312
Mar 18, 2022
Sold
$3,025,000
Mar 11, 2022
Pending
—
Mar 10, 2022
Contingent
—
Feb 11, 2022
Price Changed
$3,450,000
Oct 15, 2021
Listed
$3,750,000
Public Records
Jan 29, 2020
Sold
$3,000,000
TheMLS #16-157412
Mar 6, 2017
Sold
$3,850,000
Feb 20, 2017
Pending
—
Jan 27, 2017
Pending
—
Aug 29, 2016
Listed
$4,250,000
Public Records
Nov 13, 2003
Sold
$2,750,000
Public Records
Jul 29, 1988
Sold
$650,000
Year
Property tax
Land + Additions
Assessment*
2025
$82,621 (+6.7%)
$6,242,400 + $6,399,084
$12,641,484
2024
$77,432 (+107.9%)
$6,732,000
2023
$37,251 (−0.8%)
$6,600,000
2022
$37,552 (+2.3%)
$3,085,500
2021
$36,716 (−5.9%)
$3,091,701
2020
$39,027 (+0.9%)
$3,254,025 + $105
$3,254,130
2019
$38,681 (−14.5%)
$3,220,659 + $104
$3,220,763
2018
$45,221 (+11.9%)
$3,157,509 + $102
$3,157,611
2017
$40,410 (+3.3%)
$2,450,134 + $1,003,681
$3,453,815
2016
$39,117 (+1.4%)
$2,450,134 + $1,003,681
$3,453,815
2015
$38,592 (+1.4%)
$2,402,093 + $984,001
$3,386,094
2014
$38,058 (+3.0%)
$2,319,666 + $950,236
$3,269,902
2012
$36,932 (+2.3%)
$2,309,183 + $945,942
$3,255,125
2011
$36,111 (+0.4%)
$2,263,905 + $927,395
$3,191,300
2010
$35,984 (+2.6%)
$2,219,515 + $909,211
$3,128,726
2009
$35,070 (+2.3%)
$2,202,927 + $902,416
$3,105,343
2008
$34,280
$2,208,161 + $904,560
$3,112,721
Tax history for 29685 Cuthbert Rd
Year
Property tax
Land + Additions
Assessment*
2025
$82,621 (+6.7%)
$6,242,400 + $6,399,084
$12,641,484
2024
$77,432 (+107.9%)
$6,732,000
2023
$37,251 (−0.8%)
$6,600,000
2022
$37,552 (+2.3%)
$3,085,500
2021
$36,716 (−5.9%)
$3,091,701
2020
$39,027 (+0.9%)
$3,254,025 + $105
$3,254,130
2019
$38,681 (−14.5%)
$3,220,659 + $104
$3,220,763
2018
$45,221 (+11.9%)
$3,157,509 + $102
$3,157,611
2017
$40,410 (+3.3%)
$2,450,134 + $1,003,681
$3,453,815
2016
$39,117 (+1.4%)
$2,450,134 + $1,003,681
$3,453,815
2015
$38,592 (+1.4%)
$2,402,093 + $984,001
$3,386,094
2014
$38,058 (+3.0%)
$2,319,666 + $950,236
$3,269,902
2012
$36,932 (+2.3%)
$2,309,183 + $945,942
$3,255,125
2011
$36,111 (+0.4%)
$2,263,905 + $927,395
$3,191,300
2010
$35,984 (+2.6%)
$2,219,515 + $909,211
$3,128,726
2009
$35,070 (+2.3%)
$2,202,927 + $902,416
$3,105,343
2008
$34,280
$2,208,161 + $904,560
$3,112,721
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Zoning
Beds
3
Baths
5
Stories
—
Lot width
—
Lot depth
—
Lot size
2.55 Acres
Year renovated
2023
Sq. Ft.
3,775
Year built
2023
Style
Single Family Residential
County
Los Angeles County
APN
4469008008
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Oct 5, 2026.
RR2
Rural Residential District
The RR district is intended for sensitively designed, large lot single-family residential development, as well as agricultural uses and animal keeping which respects surrounding residents and the natural environment. This district incorporates a variety of natural resources and amenities.
Permitted uses
Include but are not limited to:
Greenhouse / nursery
Livestock production
Day care facility
Housing-Single unit
Housing-Senior
Housing-Mobile home park
Property details
Interior
Virtual Tour
Exterior
Property Information
Property Type: Residential Land
Land Information
Horse
Lot Information
Lot Size (Sq. Ft.): 111,040
Lot Size (Acres): 2.5491
Zoning: LCRA20
Special Zoning: Coastal Commission, Property Report
Lot Description: Horse Property Unimproved, Horse Property, Single Lot
Property Features
Has View
View: Ocean, Mountains
Public Street: True
Financial
Assessment Information
Assessor Parcel Number: 4469-008-008
Financial Information
Listing Terms: Cash
Utilities
Utility Information
Telephone Service: In Street
Electric: In Street
Sewer: Septic
Location
School Information
School District: Santa Monica-Malibu Unified School District
Location Information
Directions: PCH to Busch Dr to Left on Cuthbert.
Cross Streets: Busch Dr
Public facts
Beds: 3
Baths: 5.0
Sq. Ft.: 3,775
Stories: —
Lot Size: 2.55 acres
Style: Single Family Residential
Year Built: 2023
Year Renovated: 2023
County: Los Angeles County
APN: 4469008008
Home facts updated by county records on Oct 5, 2026
Other
Documents & Disclosures
Disclosures: Building Plans Available, Seismic Hazard
Listing Information
Possession: Close Of Escrow
Listing Terms: Cash
Around this home
Schools
Malibu Elementary
Public K-5 • Assigned • 1.9mi
7/10
Malibu Middle
Public 6-8 • Assigned • 0.8mi
7/10
Malibu High School
Public 9-12 • Assigned • 0.7mi
8/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
6/10 Fire Factor
7% chance of being in a wildfire in next 30 years
4/10 Heat Factor
7 days above 85° expected this year, 21 days in 30 years
1/10 Wind Factor
Minimal risk of severe winds over next 30 years
4/10 Air Factor
6 unhealthy days expected this year, 6 days in 30 years
Provided by First Street
Historical weather
Malibu, CA • 90265
Average low and high temperatures (°F)
65
53
65
53
65
54
63
54
65
55
67
57
72
61
75
62
73
63
70
58
65
54
64
52
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 9.6 hours in
June and 6.4 hours in December, placing it above the
U.S. average for solar exposure.
9.6 hrs
6.4 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$14.27M – $17.28M
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