NOT LISTED FOR SALE

3270 Sumac Ridge Rd Malibu, CA 90265

La Costa Beach Neighborhood

Estimated Value: $3,815,782 - $6,589,000

12 Beds
8 Baths
6,995 Sq Ft
$691/Sq Ft Est. Value

Last Sold April 28, 2023

Last sale price $4,000,000 $572 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $30,131/month

182 Days on Market

Highlights

  • Ocean View
  • Property has ocean access
  • Stables
  • Webster Elementary School Rated A
  • Detached Guest House
  • Horse Property

About This Home

As of April 2023

Possibilities abound at 3720 Sumac Ridge, with over two panoramic ocean view acres, a sprawling motor court, five structures, a pool and spa, and convenient location behind guard-gated Rambla Pacifico. Existing structures dot the property, from the main house and guest house to the two-story pool house, studio, and cabana. Work from home or create an art sanctuary in the freestanding studio. Your vision can transform this estate into a luxurious coastal retreat that makes a statement. A terrace with an outdoor kitchen, a large swimming pool, and a spa has the perfect vantage point for casual or formal entertaining. The sale of this property includes deeded membership to the exclusive Malibu La Costa Beach and Tennis Club. Revel in the private member-only beach in the heart of Malibu, with three lighted tennis courts, beach volleyball, shower facilities, and a gorgeous sandy beach. Host a barbecue as the sunset dips below the horizon from the La Costa Beach Club or your incredible backyard.

Last Agent to Sell the Property

Brian Goldberg

Pinnacle Estate Properties License #01900604 Listed on: 09/19/2022

Last Buyer's Agent

GAYNELL WIGINGTON

Elite Class Realty License #01220629

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $48,195

Year Built

  • Built in 1996

Lot Details

  • 2.27 Acre Lot
  • Property fronts a private road
  • South Facing Home
  • Secluded Lot
  • Sprinkler System
  • Property is zoned LCR11*

Parking

  • 2 Car Attached Garage
  • 18 Open Parking Spaces
  • Oversized Parking
  • Driveway
  • Gated Parking
  • Guest Parking
  • RV Access or Parking

Property Views

  • Ocean
  • Panoramic

Home Design

  • Ranch Property
  • Metal Roof
  • Stucco

Interior Spaces

  • 6,995 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • High Ceiling
  • Living Room with Fireplace
  • Dining Area
  • Loft
  • Laundry Room
  • Basement

Kitchen

  • Breakfast Bar
  • Walk-In Pantry
  • Oven or Range
  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 12 Bedrooms
  • Primary Bedroom on Main
  • Primary Bedroom Suite
  • Walk-In Closet
  • Powder Room
  • Maid or Guest Quarters
  • Bathtub with Shower

Pool

  • Pool House
  • Heated In Ground Pool
  • Heated Spa
  • In Ground Spa

Outdoor Features

  • Property has ocean access
  • Beach Access
  • Tennis Courts
  • Horse Property
  • Deck
  • Shed
  • Outdoor Gas Grill

Additional Homes

  • Detached Guest House

Horse Facilities and Amenities

  • Corral
  • Tack Room
  • Stables

Utilities

  • Central Heating
  • Property is located within a water district
  • Septic Tank
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Gated with Attendant

Listing and Financial Details

  • Assessor Parcel Number 4451-016-011

Home Details

Home Type

Single Family

Est. Annual Taxes

$48,195

Year Built

Built in 1996

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Architectural
  • Street Number Display: Yes
  • Disability Access: Grab Bars In Bathroom(s)
  • Entry Location: Ground Level - no steps
  • Living Area: 6995
  • Lot Acreage: 2.2665
  • Planned Urban Dev: 0
  • Probate: No
  • Stories: 2
  • Year Built: 1996
  • Builders Tract Name: Rambla Pacifico
  • Number Of Photos: 41
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Interior Amenities: Built-Ins, Basement, High Ceilings (9 Feet+)
  • Fireplace Rooms: Living Room
  • Flooring: Mixed
  • Appliances: Range, Gas, Gas Grill
  • Bedrooms: 12
  • Fireplaces: 1
  • Full Bathroom: 4
  • Half Bathroom: 4
  • Bedroom Features: Master Suite, Ground Floor Master
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Bathroom Features: Shower and Tub, Powder Room
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Eating Areas: Breakfast Counter / Bar, Dining Area
  • Kitchen Features: Pantry
  • Laundry: Room
  • Maids Room: 1
  • Total Bathrooms: 8.00
  • Den: 0
  • Equipment: Barbeque, Built-Ins, Dishwasher, Hood Fan, Range/Oven
  • Fireplace: Yes
  • Inclusions: La Costa Beach and Tennis Club and Lower Rambla Pacifico Road Owner's Association Memberships
  • Price Per S Q F T: 586.13

Exterior Features

  • Direction Faces: South
  • Construction: Stucco
  • Other Features: High Ceilings (9 Feet+), Sprinkler System, Barbecue Private
  • Other Structures: Stall(s), Shed(s), Pool House, GuestHouse, Corral(s), Accessory Bldgs, Accessory Dwelling Unit
  • Tennis Court: Private Tennis Court
  • Tennis Court Y/N: Yes
  • Guest House: Detached
  • Patio: Deck(s)
  • Pool Description: Heated And Filtered, In Ground, Private
  • Pool: Yes
  • Roof: Metal
  • Spa: Private, Heated, In Ground
  • Spa Yn: Yes
  • View: Ocean, Panoramic
  • View: Yes
  • Waterfront: Beach Rights

Garage/Parking

  • Garage Spaces: 2
  • Other Spaces: 18
  • Covered Parking: 2
  • Parking Garage: Driveway, Garage - 2 Car, Garage Is Attached, Gated, Oversized, Parking for Guests - Onsite, RV Access
  • Total Parking: 20

Utilities

  • TV Svcs: Cable TV
  • Heating: Central
  • Security: Gated Community with Guard
  • Sewer: Septic Tank
  • Water: District

Condo/Co-op/Association

  • HOA: No

Schools

  • School District: Santa Monica-Malibu Unified School District

Lot Info

  • Horses: Yes
  • Assessor Parcel Number: 4451-016-011
  • Lot Description: Yard, Secluded, Ranch, Horse Property, Gated with Guard
  • Lot Location: Private Road, Ocean Access, Beach Access
  • Lot Size Area: 98727

Rental Info

  • Land Lease Type: Fee

MLS Schools

  • School District: Santa Monica-Malibu Unified School District

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 23, 2024
Sold by
Wigington Leland V
Bought by
3270 Sumac Ridge Road Llc
Current Estimated Value
$4,830,261

Purchase Details

Listed on
Sep 19, 2022
Closed on
Mar 22, 2023
Sold by
Smith Trust
Bought by
Wigington Leland V
Seller's Agent
Brian Goldberg
Pinnacle Estate Properties
Buyer's Agent
GAYNELL WIGINGTON
Elite Class Realty
List Price
$6,495,000
Sold Price
$4,000,000
Premium/Discount to List
-$2,495,000
-38.41%
Views
626

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.32%
Original Mortgage
$2,800,000
Interest Rate
6.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 15, 2003
Sold by
Smith Betty J and Myron C Smith Marital Trust
Bought by
Smith Betty J and Myron C Smith Credit Shelter T
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
3270 Sumac Ridge Road Llc -- None Listed On Document
Wigington Leland V $4,000,000 Priority Title
Smith Betty J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Wigington Leland V $2,800,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/28/2023 04/28/23 Sold $4,000,000 -2.4% $572 / Sq Ft
03/20/2023 03/20/23 Pending -- -- --
03/09/2023 03/09/23 Price Changed $4,100,000 +2.5% $586 / Sq Ft
03/09/2023 03/09/23 Price Changed $4,000,000 -38.4% $572 / Sq Ft
09/19/2022 09/19/22 For Sale $6,495,000 -- $929 / Sq Ft
Source: The MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $48,195 $3,831,453 $2,885,299 $946,154
2024 $48,195 $4,080,000 $3,143,028 $936,972
2023 $8,126 $586,464 $135,715 $450,749
2022 $7,974 $574,965 $133,054 $441,911
2021 $7,773 $563,693 $130,446 $433,247
2019 $7,616 $546,976 $126,578 $420,398
2018 $7,115 $536,252 $124,097 $412,155
2016 $6,813 $515,430 $119,279 $396,151
2015 $6,725 $507,689 $117,488 $390,201
2014 $6,317 $497,745 $115,187 $382,558
Source: Public Records

Agents Affiliated with this Home

  • Brian Goldberg

    Seller's Agent in 2023

    Brian Goldberg

    Pinnacle Estate Properties

    (310) 403-4623

    3 in this area

    19 Total Sales

    Brian Goldberg
    Section Image

  • G

    Buyer's Agent in 2023

    GAYNELL WIGINGTON

    Elite Class Realty

    Section Image
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Map

Source: The MLS

MLS Number: 22-200877

The MLS

APN: 4451-016-011

California Los Angeles County Malibu 90265 La Costa Beach

3270 Sumac Ridge Rd, Malibu, CA

This home is located at 3270 Sumac Ridge Rd, Malibu, CA 90265 since 19 September 2022 and is currently estimated at $4,830,261, approximately $690 per square foot. This property was built in 1996. 3270 Sumac Ridge Rd is a home located in Los Angeles County with nearby schools including Webster Elementary School, Malibu Middle School, and Malibu High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

The MLS © 2025 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). 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. Properties may or may not be listed by the office/agent presenting the information.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
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