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3096 Sumac Ridge Rd, Malibu, CA, 90265

$5,500,000

14.10 Acres
Land
Schools Nearby

Location

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Property Highlights

Home TypeOther
ViewIsland, City Lights, Other, Canyon, Hills, Mountain(s), Ocean, Panoramic, Water
MLS #24374723
Lot Size14.10 Acres
StatusActive

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

School Info

Assigned Schools Information:

  • Malibu High School, Public District Grades 6-12
  • Webster Elementary School, Public District Grades KG-5

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: $5,500,000
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Housing Market Comparison

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

Med. Sold Price

$3.2M

Med. Price/SqFt

$1,339

Avg. Days On Market

61

# of Sold Homes

13

3096 Sumac Ridge Rd vs Malibu

31 DAYS ON ROCKET

-30 Days

$5,500,000

+$2.2M More

KEY TAKEAWAY

This property is $2.2M 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: 5/2/2024, 8:20:40 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

$27.5K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$16.5K

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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.

Elementary School

school-card-donut-4960197
9
/10
  • Webster Elementary School

  • 3602 Winter Canyon Rd

  • 3.02 miles

  • Public District Grades KG-5

High School

school-card-donut-4960198
9
/10
  • Malibu High School

  • 30215 Morning View Dr

  • 10.44 miles

  • Public District Grades 6-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $116,422. Residents of Malibu, CA typically earn between $100k-200k each year. The most common type of family is single, no kids. Most residents in this area 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 $5,500,000.

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?

Active Listing: 3096 Sumac Ridge Rd is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 3096 Sumac Ridge Rd are:
Webster Elementary School: GreatSchools Rating 9/10
Malibu High School: GreatSchools Rating 9/10

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 $5,500,000.

Over 1 listings were sold over their listed price in April 2024 in Malibu, CA. In the same period over 12 listings were sold below the listed price and 0 listings were sold for the listed price. The number of listings in Malibu, CA increased by 18.2% between March 2024 and April 2024. In April 2024, listings were on the market for 61 days. During the same period, the median list price in this real estate market was $3,275,600.

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

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