Under contract

Active Under Contract

3096 Sumac Ridge Road

Malibu CA, 90265

$4,500,000


$7.33 per sqft

Under contract

Active Under Contract

14.1 Acres

Land

Listed by Sharon Hays with Coldwell Banker Realty 310-922-8090

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.

24374723

MLS ID

April 1, 2024

Listed

December 5, 2024

Updated

Exterior/Building Features

Lot Size

14.1 Acres

Other Property Details

Area Name

C33 - Malibu


Days on Market

247


Garage

No


Parking Total

0


View

Yes


View Description

Catalina, City Lights, Coastline, Canyon, Hills, Mountain(s), Ocean, Panoramic, Water


County

Los Angeles


Pool

No


Zoning

LCR11*

Listing History

Date

Event

Price

7/22/2024

Under contract

5/16/2024

Price change

$4,500,000

-19%

Listing Contact: 310-454-1111 

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 12/5/2024. This information 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. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

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Data last updated on 12/5/2024 at 5:17 AM UTC

 

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