A new luxury real estate and surf destination is making waves in Los Cabos, with the launch of Cabo Real Surf Club, a $35 million wave pool project led by Michael Schwab, heir to the Charles Schwab investment brokerage empire.
Set to open in 2026, Cabo Real Surf will combine high-end residential living with state-of-the-art synthetic surfing powered by Endless Surf technology. Wave pools, increasingly popular as premium amenities in upscale developments, offer residents and visitors alike the opportunity to surf consistent, quality waves year-round, regardless of ocean conditions.
The wave pool itself represents a significant investment — with an estimated cost of $35 million. Surrounding the surf park will be luxury homes priced between $2.5 million and $6 million, offering buyers access to a unique lifestyle blending residential comfort with world-class sporting facilities.
Michael Schwab, an avid surfer, credits his father for encouraging him to invest in his passion. Recalling a conversation about his early involvement with the Kelly Slater Wave Company, Schwab shared with realtor.com:
“He said, ‘Michael, why don’t you invest in what you’re passionate about?’ I said, ‘Dad, that’s surfing,’ thinking he’s not going to approve. He goes, ‘I know.’ I thought, ‘OK, wait, he’s not going to look down on me for investing in what I’m passionate about?’ And thank God he said that to me, because the next year, Kelly asked me to invest.”
Cabo Real Surf is Schwab’s latest venture into the emerging market of manmade surf parks. Beyond the wave pool, the development will feature a full clubhouse, restaurants, a wellness center, fitness classes, adventure excursions, tennis courts, and a golf course, aiming to provide a comprehensive lifestyle experience.
Among early investors is teenage surfing prodigy Erin Brooks, who has purchased a multi-million-dollar home within the community. Brooks praised the project’s amenities, telling realtor.com:
“The private, world-class wave pool is a game changer; and the fitness center, beach club, tennis courts, and golf course provide everything I need to stay in peak shape, elevate my surfing, and make the most of every day.”
As wave pool technology continues to advance and gain popularity, Cabo Real Surf Club represents a growing trend in luxury real estate developments, blending active lifestyles with upscale living. The facility is scheduled to open its doors in 2026.