15 days on rocket

3240 Sumac Ridge Rd, Malibu, CA, 90265

$7,395,000

4 Bedrooms
3 Full Baths, 2 Partial
3,839 SqFt
$1,926/SqFt
House
Schools Nearby

Location

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Property Highlights

Home TypeSingle Family Residence
ParkingCovered, Door-Multi, Driveway, Electric Gate, Garage, Guest, Private, Side By Side
Attached Garage2 spaces
Year Built1997
HeatingCentral, Forced Air
CoolingCentral Air
FireplaceLiving Room
ViewIsland, City Lights, Other, Canyon, Mountain(s), Ocean, Panoramic
MLS #24385411
Lot Size1.46 Acres
StatusActive

About 3240 Sumac Ridge Rd

Award winning Interior designer's own residence, situated on a rare 1.46 acre Southern California ocean view mesa promontory in Malibu. Located in Eastern Malibu, with an easy commute to Santa Monica, Downtown L.A., or Beverly Hills, this exquisitely remodeled Santa Fe style Contemporary home offers an unparalleled blend of luxury and tranquility, 600 feet above the Pacific, and just two minutes from PCH through a guard gated private road, (deeded road membership included), providing the ultimate coastal lifestyle! With its own private gate, you approach the residence down a 200 foot drive with stunning views of the ocean and mountains, bordered by professionally landscaped specimen plantings and accents within a totally fenced and ficus hedged enclave. Enter the double doors to the gorgeous single floor main residence that boasts 10 to16 foot tall ceilings, walls of glass and clerestory windows with constant views from every room along with 3 bedrooms and 2.5 baths. The home and property command unparalleled 270 degree views of the Pacific straight on, and the magnificent Santa Monica mountains. There is also a full 1 bedroom, 1.5 bath, detached guest house with beautiful views, and full kitchen. Entertain in style with Sonos surround system, 3 huge outdoor Italian porcelain patios, complete with retractable awnings and a gravel terraced firepit, dining and sunken citrus garden, all facing the Pacific with views of the Queen's Necklace from Santa Monica pier to Palos Verdes, and on clear days out to Catalina! The heart of the home is a culinary jewel boastingColumbia custom cabinetry, under-cabinet lighting accents, and top of the line 48" Kitchen Aid refrigerator, dishwasher, microwave, with Bosch gas cooktop, Electrolux double convection ovens and a Superior wine cabinet. A Pental quartz countertop with waterfall edge and breakfast bar seating flows into the adjoining Media room with built in 68" Flatscreen, and French doors leading out to the barbecue cooking patio again with beautiful shaded views. Down a hall is the laundry room with sink, full cabinetry and quartz counter tops, as well as a jewel-like powder room, with views!Warmth and ambience continue into the dining room with oversized chandelier and views of the ocean adjoining the Great room with a newly built slip stone fireplace accent wall with mahogany display shelving on either side, and LED accent lighting throughout the entire home as well as distressed engineered French White Oak wood flooring throughout nearly the entire home.Down a hall leads to a lovely mountain view guest room continuing with more clerestory windows and bath and a corner office or bedroom with mountain views. The drama peaks with a spacious Primary suite where you literally sit up in bed staring at the Pacific Ocean head on, and views of the LA basin that are out of a movie! Cap it off with a large outfitted walk-in closet and glass tiled/ granite countered double sink vanity-bathroom with butted glass and granite walled shower and separate spa tub with wood paneling face and Sonos sound system. In addition to the magnificent grounds with drought tolerant plantings in stone gravel accent beds, there is a security system with cameras, as well as ample parking (a rarity in a view property) and manicured grass play area, with views. An additional bonus is deededmembership to the private La Costa Beach & Tennis Club! For guests seeking privacy, the detached Guest House is its own world with a large deck and Japanese garden out front offering a large living/work-space again with ocean views, adjacent kitchen, powder room, and a dramatic two-story stair descending to a Hollywood like guest room with 2 closets and ensuite bath. Indulge in the epitome of coastal living with this extraordinary private, secure, Malibu retreat, where every detail has been meticulously maintained and curated for the discerning buyer seeking the ultimate in luxury and style.

Property Details

Property Features

Property Information:

  • Year Built: 1997
  • Stories: 1
  • Living Area: 3,839 SqFt

Listing Office:

  • Office Name: Sotheby's International Realty
  • Office Phone: (310) 456-6431
  • Listing Agent: Shen Schulz

Interior Features

Interior Information:

  • Appliances: Double Oven, Dishwasher, Gas Cooktop, Disposal, Gas Oven, Microwave, Range, Refrigerator, Range Hood, Vented Exhaust Fan, Dryer, Washer
  • Flooring Type: Tile, Wood
  • Interior: Beamed Ceilings, Ceiling Fan(s), Cathedral Ceiling(s), High Ceilings, Walk-In Closet(s)
  • Fireplace: Living Room

Bedroom and Bathroom Information:

  • Partial Bathrooms: 2
  • Full Bathrooms: 3
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • Private Pool: No
  • View: Island, City Lights, Other, Canyon, Mountain(s), Ocean, Panoramic
  • Exterior: Rain Gutters

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: Yes
  • Parking: Covered, Door-Multi, Driveway, Electric Gate, Garage, Guest, Private, Side By Side

Virtual/3D Tour

  • Virtual Tour: 3240 Sumac Ridge Rd

Virtual Tour

Lot Features

Lot Information:

  • Lot: Back Yard, Front Yard, Lawn, Landscaped
  • Lot Size: 1.46 Acres

Utilities

Utilities Information:

  • Heating: Central, Forced Air
  • Cooling: Central Air

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: Rambla Pacifico to Sumac Ridge

Price Information

Listing Price Info

Price Summary:

  • List Price: $7,395,000
  • Price Per SqFt: $1,926/SqFt

HOA Fees:

  • Amount: $2200
  • Frequency: Annually

Tax Information:

  • Annual Amount: $30,093
  • Tax Year: 2021
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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

3240 Sumac Ridge Rd vs Malibu

15 DAYS ON ROCKET

-46 Days

$7,395,000

+$4.1M More

$1,926/SqFt

+$586 More

KEY TAKEAWAY

This property is $4.1M more than the Median Sold Price and $586/SqFt more than other homes in Malibu, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #24385411

Listing Office:

  • Office Name: Sotheby's International Realty
  • Office Phone: (310) 456-6431
  • Listing Agent: Shen Schulz

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: 5/15/2024, 2:20:42 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Feb 12, 2016Home Sold
$2,300,000
Jul 21, 2000Home Sold
$960,000
Jan 31, 1997Home Sold
$180,000

Tax History

YEARPROP. TAXASSESSMENT
2021$30,093$2,515,383
2020$29,454$2,489,592
2019$27,935$2,440,778
2018$27,812$2,392,920
2017$27,812$2,346,000

History based on county public records data.

Payment Calculator

$37.1K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$22.2K

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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-1447689
8
/10
  • Webster Elementary School

  • 3602 Winter Canyon Rd

  • 3.16 miles

  • Public District Grades KG-5

High School

school-card-donut-1447690
9
/10
  • Malibu High School

  • 30215 Morning View Dr

  • 10.58 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. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 3240 Sumac Ridge Rd

What is the listing price of this property?

The listing price of 3240 Sumac Ridge Rd property is $7,395,000.

What type of property is this?

The property 3240 Sumac Ridge Rd is a house located in Malibu, California, 90265.

Is this property for sale now?

Active Listing: 3240 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 3240 Sumac Ridge Rd are:
Webster Elementary School: GreatSchools Rating 8/10
Malibu High School: GreatSchools Rating 9/10

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $30,093 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on February 12, 2016 for $2,300,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 3240 Sumac Ridge Rd has 4 bedrooms and 3 full and 2 half bathrooms.

What is the square footage of this property?

The property 3240 Sumac Ridge Rd is 3,839 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 3240 Sumac Ridge Rd is 1997.
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Rocket HomesCaliforniaLos Angeles CountyMalibu902653240 Sumac Ridge Rd

This home is located at 3240 Sumac Ridge Rd in Malibu, CA and zip code 90265. This 3,839 square foot home, which was built in 1997, sits on a 1.46 acre lot. Features: 4 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since April 30, 2024 and is currently priced at $7,395,000.

In April 2024, from all listings sold in Malibu, CA there were more than 1 sold above asking price, over 12 sold below and more than 0 were sold right at the asked 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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