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$3,500,000

Est. payment - /mo

14.1 Acres Lot

Price Dropped by $1.0M

3096 Sumac Ridge RD Malibu, CA 90265

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Chris Mardelli

chris@therealupside.com +1(310) 571-5761

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Key Details

Property Type Vacant Land

Listing Status Active

Purchase Type For Sale

MLS Listing ID 24374723

HOA Y/N No

Lot Size 14.096 Acres

Property Description

INCREDIBLE NEW PRICE! 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.

Location

State CA

County Los Angeles

Area C33 - Malibu

Zoning LCR11*

Interior

Fireplace No

Exterior

View Y/N Yes

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

Building

New Construction No

Others

Senior Community No

Tax ID 4451016034

Special Listing Condition Standard

Listed by Sharon Hays • Coldwell Banker Realty

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