3096 Sumac Ridge Road, Malibu, CA 90265 (MLS # 24374723)
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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.
| DAYS ON MARKET | 291 | LAST UPDATED | 10/1/2024 |
|---|---|---|---|
| COMMUNITY | Malibu | COUNTY | Los Angeles |
| STATUS | Conditional | PROPERTY TYPE(S) | Lot/Land/Acreage |
| PRICE HISTORY | |
| Prior to May 16, '24 | $5,500,000 |
|---|---|
| May 16, '24 - Today | $4,500,000 |
| ADDITIONAL DETAILS | |
| AREA | Malibu |
|---|---|
| LOT | 14.1 acre(s) |
| VIEW | Yes |
| VIEW DESCRIPTION | Catalina,City Lights,Coastline,Canyon,Hills,Mountain(s),Ocean,Panoramic,Water |
| ZONING | LCR11* |
TOTAL MONTHLY PAYMENT
| SATELLITE VIEW |
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