Mike Watson, Realtor

Mike Watson

Call or Text(661) 733-2196
ActiveSingleFamilyResidence

30087 Cuthbert Road

Malibu, CA, 90265

1 / 8View all 8 photos

$3,995,000

MLS: 26632221

Beds

4

Baths

6

Sq Ft

8,800

Lot

0.94 ac

Year Built

1998

MLS #

26632221

Days on Market

25

Listed

Jan 24, 2026

Description

**BUILD OPPORTUNITY** A rare Malibu development opportunity perched above the coastline with commanding, head-on views of the Pacific, positioned within one of the most elite and tightly held enclaves in the world. THE IMAGE IS NOT A REPRESENTATION OF THE PLANS. IT IS AN ARTISTS RENDITION. The original residence was sadly lost, paving the way for a new vision, with fully approved RTI plans for an approximately 8,800 square foot architectural estate. This is a true power play, bypass years of approvals and step straight into construction on a trophy asset designed to dominate its surroundings. Build a statement residence defined by scale, privacy, and unobstructed ocean presence, a legacy compound for those who operate at the highest level. Few locations offer this absolute Malibu prestige.

Location

Malibu, Los Angeles County, CA 90265

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Listed by: Peter Lorimer · PLG Estates

Payment estimate

$28,051

/ month (est.)

Principal, interest, taxes, and insurance + PMI. Down payment: $399,500 · Loan: $3,595,500

%
Principal & Interest
$22,091
Property tax (1.25%)
$4,161
Homeowners insurance
$300
Mortgage insurance
$1,498
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Login required. The full tool supports FHA / VA / USDA, PMI by credit tier, lender fees, and total cash to close — with your inputs here carried over.

Today's Rates

As of Apr 23, 2026

30-year fixed
6.23%
15-year fixed
5.58%

Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.

Financing Options

FHA Financing — 3.5% Down

First-time and repeat buyers can purchase this Malibu home with as little as 3.5% down using an FHA loan — roughly $139,825 down. FHA loans feature flexible credit guidelines and government-backed rates, making homeownership accessible for buyers who haven't saved a large down payment. Seller concessions up to 6% of the purchase price are also allowed.

Local Market Stats

See Malibu, CA 90265 market trends →

Median sold price, days on market, active inventory, price brackets, and 12-month trends — pulled live from the MLS.

#1 Producing Individual Realtor — Antelope Valley

Only large teams outsell Mike Watson · Keller Williams Realty

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