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3096 Sumac Ridge Rd, Malibu, CA, 90265

$4,500,000

14.10 Acres
Land

Location

Image provided by Mapbox

Property Highlights

Home TypeOther
ViewIsland, City Lights, Other, Canyon, Hills, Mountain(s), Ocean, Panoramic, Water
MLS #24374723
Lot Size14.10 Acres
StatusAccepting Backup Offers
(Active Under Contract)

About 3096 Sumac Ridge Rd

Prime 14 acre residential lot with spectacular unobstructed views from Palos Verdes to Point Dume! This exceptional property presents an incredible opportunity for discerning buyers seeking to build their dream home. Situated in a prestigious neighborhood known for its tranquility and exclusivity, this lot enjoys convenient access to Nobu, Little Beach House Malibu (Soho House), Duke's and the Malibu Pier. Live your best life in this drop dead gorgeous ocean view estate site, perched just a few minutes above PCH, with easy access to the property through a guard gated entry on a private road. The plans are from renowned architectural firm Doug Burdge & Associates and masterfully highlight the magnificent ocean and mountain views. The 8000+ square feet of living space boasts 4 bedrooms and 5 baths with a gym, home theater, infinity pool with large decks, a home office, and an elevator providing the epitome of luxury. Extensive studies and reports have been done and are ready to be completed including; grading and drainage plans, slope analysis plans, water engineering and erosion reports, septic plans, survey reports and geological studies. Property comes with rights to access the gatehouse entry and is part of the Lower Rambla Pacifico Road Owners Assoc. Don't miss this rare opportunity to purchase one of the few remaining estate sized lots in Eastern Malibu close to Pacific Palisades and Santa Monica. Renderings and videos of the home are conceptual and do not reflect an exact replica of the plans. Annual HOA fee is $2,200. for private road access and guard gate.

Property Details

Property Features

Listing Office:

  • Office Name: Coldwell Banker Realty
  • Office Phone: (310) 454-1111
  • Listing Agent: Sharon Hays

Exterior Features

Exterior Information:

  • View: Island, City Lights, Other, Canyon, Hills, Mountain(s), Ocean, Panoramic, Water

Virtual/3D Tour

  • Virtual Tour: 3096 Sumac Ridge Rd
Virtual Tour

Lot Features

Lot Information:

  • Lot Size: 14.10 Acres

Other

Directions Information:

  • Directions: For showings, PCH to Las Flores Canyon Rd 1.7 miles to Hume Rd. take a sharp left then go right on Azurelee to Rambla Pacifico and head down the hill to Sumac Ridge Rd go left to end of street. Owner access is only 4 min from PCH on a private road through two gates.

Price Information

Listing Price Info

Price Summary:

  • List Price: $4,500,000
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Housing Market Comparison

See how this home compares to others in Malibu, CA.

Med. Sold Price

$3.5M

Med. Price/SqFt

$1,316

Avg. Days On Market

98

# of Sold Homes

11

3096 Sumac Ridge Rd vs Malibu

228 DAYS ON ROCKET

+130 Days

$4,500,000

+$1.0M More

KEY TAKEAWAY

This property is $1.0M more than the Median Sold Price in Malibu, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #24374723

Listing Office:

  • Office Name: Coldwell Banker Realty
  • Office Phone: (310) 454-1111
  • Listing Agent: Sharon Hays

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/15/2024, 7:20:51 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$22.5K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$13.5K

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-527740
8
/10
  • John L. Webster Elementary School

  • 3602 Winter Canyon Rd

  • 3.00 miles

  • Public District Grades KG-5

school-card-donut-527741
7
/10
  • Topanga Elementary Charter School

  • 22075 Topanga School Rd

  • 3.99 miles

  • Public Charter Grades KG-5

school-card-donut-527742
7
/10
  • Marquez Charter Elementary School

  • 16821 Marquez Ave

  • 5.67 miles

  • Public Charter Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $116,422. The majority of Malibu, CA residents have income between $100k-200k annually. Residents typically live in single, no kids family. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 3096 Sumac Ridge Rd

What is the listing price of this property?

The listing price of 3096 Sumac Ridge Rd property is $4,500,000.

What type of property is this?

The property 3096 Sumac Ridge Rd is land located in Malibu, California, 90265.

Is this property for sale now?

Accepting Backup Offers: 3096 Sumac Ridge Rd is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.

How much acreage is this property?

The property 3096 Sumac Ridge Rd is 14.10 acres.
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Rocket HomesCaliforniaLos Angeles CountyMalibu902653096 Sumac Ridge Rd

This home is located at 3096 Sumac Ridge Rd in Malibu, CA and zip code 90265. This home sits on a 14.10 acre lot. It has been listed on Rocket Homes since April 01, 2024 and is currently priced at $4,500,000.

In October 2024 more than 2 listings in Malibu, CA were sold above the asking price. During the same period more than 3 listings were sold at asking price, while more than 6 were sold below. The number of homes for sale in Malibu, CA increased by 9.8% between September 2024 and October 2024. The median list price of listings available in October 2024 was $3,500,000, while the average time on the real estate market was 98 days.

From Rocket Homes Real Estate and based on county public records data.

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