Michael Schwab, son of financial magnate Charles Schwab, is making significant waves in Mexico with the development of the Cabo Real Surf Club. This ambitious project, set to open in 2026, features North America’s first Endless Surf wave basin, aiming to create a premier surfing community for families and enthusiasts alike.
A New Wave in Luxury Living
Cabo Real Surf Club, located in Los Cabos, Mexico, is a 3,000-acre master-planned community centered around a groundbreaking 4-acre, 800-foot-long Endless Surf wave basin. This $35 million facility is designed to produce up to 400 customizable waves per hour, ranging from gentle beginner swells to challenging 7-foot barrels, offering rides up to 25 seconds long. The development aims to attract approximately 200 families seeking a surf-focused lifestyle.
- The wave basin replicates ocean surfing in a controlled environment.
- It utilizes a caisson system powered by 250-horsepower motors.
- Unlike the unpredictable ocean, the basin guarantees consistent, perfect waves.
Inspired by a Father’s Advice
The inspiration for Michael Schwab’s venture into surf communities stems from a conversation with his father, Charles Schwab, in 2012. Charles encouraged Michael to invest in his passions, leading Michael to embrace his love for surfing. This guidance led him to become an early investor in Kelly Slater Wave Company and ultimately to develop his own surf club concept.
Exclusive Amenities and Real Estate
Cabo Real Surf Club offers a range of luxury real estate options, with over $60 million (20%) of the total offerings already sold. Properties include:
- Land Lots: Starting at $1 million and going up to $8 million for customizable homes.
- Surf Casitas: Beginning from the mid-$2 millions.
- Boardwalk Homes: Located along the basin, priced between $4 million and $6 million.
Beyond surfing, the community provides a wealth of amenities, including:
- A golf club
- Skateboard course
- Racquetball center
- Splash pad and children’s playgrounds
- Fitness center and wellness center
- Beach club and tennis courts
- Restaurants and adventure trips
Even 17-year-old surfing phenom Erin Brooks has purchased a home at Cabo Real Surf Club, citing its
Sources
- Billionaire Charles Schwab Inspires Son To Build Stunning Surf Community in Mexico—Where He’s Already Sold
$60 Million Worth of Homes, SFGATE. - Charles Schwab: Billionaire Charles Schwab’s son to launch cabo real surf club with North America’s first
endless surf wave basin, The Economic Times. - Cabo Real Surf: Charles Schwab heir builds $35 million wave pool oasis in Cabo where surf dreams and $6
million homes go hand in hand, The Economic Times.
