Hybrid stucco system

A hybrid stucco system, comprising:

• a substrate comprising plywood or oriented strand board;
• a polyisocyanurate board comprising closed-cell, rigid foam having a density rated at or above 80 PSI;
• an alkali resistant fiberglass mesh coupled to the polyisocyanurate board prior to installation;
• a base coat comprising portland cement, acrylics, fibers, pozzolans, silica sands, and pumice;
• and
• a finish coat comprising an elastomeric compound.

A method of installing a hybrid stucco system, comprising:

• installing a weep screed and a weather barrier membrane to a substrate;
• installing a polyisocyanurate board, the polyisocyanurate board comprising an alkali resistant fiberglass mesh coupled thereto and facing away from the framing;
• securing the polyisocyanurate board to the substrate using mechanical fasteners;
• applying a base coat to the alkali resistant fiberglass mesh and polyisocyanurate board;
• applying water to cure the base coat;
• applying a finish coat to the base coat.