2903 Valmere Dr Malibu, CA 90265
El Nido Neighborhood
3
Beds
2
Baths
1,804
Sq Ft
6,327
Sq Ft Lot
Highlights
- Ocean View
- Living Room with Fireplace
- Modern Architecture
- Webster Elementary School Rated A
- Wood Flooring
- Great Room
About This Home
As of January 2025Incredible value! Don't miss this fantastic opportunity to own a home in Malibu with sensational ocean views and a direct view of Point Dume, located in the serene community of Corral Canyon. Very few homes offer views like this from almost every room. This fully furnished 3-bedroom, 2-bathroom single-family home is a well-maintained gem. Nestled at the end of a private cul-de-sac, it offers a perfect blend of natural beauty and mountain tranquility, amid ocean views. Step outside and breathe in the fresh coastal air as you relax on your deck, gazing at the sea. Enjoy winter evenings by the cozy fireplace, and take delight in the nicely landscaped backyard, featuring citrus trees and a soothing jacuzzi with picturesque views of Point Dume and the ocean. The primary bedroom is a sanctuary with a generous walk-in closet and direct access to the backyard. Indulge in the luxurious primary bathroom with its steam shower and heated floors. The well-appointed kitchen boasts ample cabinets and granite countertops, ideal for any culinary enthusiast. Upstairs, slider doors lead to a large wrap-around viewing deck, perfect for entertaining or simply soaking in the panoramic ocean vistas. Located near hiking trails and Solstice Park, this home is perfect for nature lovers and those seeking the quintessential Malibu lifestyle. Whether you're looking to live in Malibu or to have a serene getaway, this home offers the peace, serenity, beauty, and ocean climate you desire. Embrace the fabulous lifestyle and wonderful neighborhood that Malibu has to offer. Make your dream of living in this remarkable coastal town a reality.
Last Agent to Sell the Property
Coldwell Banker Realty License #01320487 Listed on: 02/17/2024
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $14,781
Year Built
- Built in 1977
Lot Details
- 6,327 Sq Ft Lot
- Property is zoned LCA11*
Parking
- 4 Open Parking Spaces
- 2 Car Garage
- Driveway
Property Views
- Ocean
- Canyon
- Mountain
Home Design
- Modern Architecture
Interior Spaces
- 1,804 Sq Ft Home
- 2-Story Property
- Great Room
- Living Room with Fireplace
- Dining Area
Kitchen
- Breakfast Bar
- Oven or Range
- Dishwasher
Flooring
- Wood
- Carpet
- Tile
Bedrooms and Bathrooms
- 3 Bedrooms
- Walk-In Closet
- 2 Full Bathrooms
Laundry
- Laundry in Garage
- Dryer
- Washer
Additional Features
- Open Patio
- Central Heating and Cooling System
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 4457-015-001
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 17, 2024
Closed on
Dec 9, 2024
Sold by
Castiel Jaime Mechulam and Castiel Carmen
Bought by
Alexander Thomas and Hjelmhaug Kristen
Seller's Agent
Kathy Ellis
Coldwell Banker Realty
Buyer's Agent
David Rosenfeld
Advantage Real Estate
List Price
$1,949,000
Sold Price
$1,810,000
Premium/Discount to List
-$139,000
-7.13%
Views
239
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$41,690
Avg. Annual Appreciation
2.44%
Original Mortgage
$1,448,000
Outstanding Balance
$1,439,227
Interest Rate
6.81%
Mortgage Type
New Conventional
Estimated Equity
$396,214
Purchase Details
Closed on
Jul 12, 2010
Sold by
Atha Cindy Byers and The Cindy Byers Atha Trust
Bought by
Castiel Mechulam Jaime and Castiel Carmen
Purchase Details
Closed on
Jun 25, 2008
Sold by
Byers Cindy L and Cindy L Byers 2006 Trust
Bought by
Byers Cindy L and Cindy L Byers 2006 Trust
Purchase Details
Closed on
Oct 11, 2006
Sold by
Byers Cindy L
Bought by
Byers Cindy L and Cindy L Byers 2006 Trust
Purchase Details
Closed on
Oct 6, 2003
Sold by
Hardle David G
Bought by
Byers Cindy L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
4.25%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Aug 31, 1998
Sold by
Banks Alterio A
Bought by
Banks Alterio G and Alterio Banks Living Trust
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$319,200
Interest Rate
6.92%
Purchase Details
Closed on
Aug 25, 1998
Sold by
Hardie Jacquelyn Ann
Bought by
Hardie David G
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$319,200
Interest Rate
6.92%
Purchase Details
Closed on
Aug 6, 1998
Sold by
Banks Alterio A
Bought by
Hardie David G
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$319,200
Interest Rate
6.92%
Purchase Details
Closed on
Jun 26, 1995
Sold by
Banks Paula M
Bought by
Banks Alterio Ag
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$193,200
Interest Rate
7.88%
Similar Homes in Malibu, CA
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $1,810,000 | Equity Title - Los Angeles | |
| Grant Deed | $1,050,000 | Equity Title Los Angeles | |
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | None Available | |
| Grant Deed | $985,000 | First American Title Co | |
| Interfamily Deed Transfer | -- | Progressive Title Company | |
| Interfamily Deed Transfer | -- | Progressive Title Company | |
| Grant Deed | $399,000 | Progressive Title Company | |
| Interfamily Deed Transfer | -- | Landsafe Title |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $1,448,000 | New Conventional | |
| Previous Owner | $350,000 | Purchase Money Mortgage | |
| Previous Owner | $560,000 | Unknown | |
| Previous Owner | $319,200 | No Value Available | |
| Previous Owner | $193,200 | No Value Available | |
| Closed | $59,850 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 01/10/2025 01/10/25 | Sold | $1,810,000 | -2.2% | $1,003 / Sq Ft |
| 10/22/2024 10/22/24 | Pending | -- | -- | -- |
| 06/13/2024 06/13/24 | Price Changed | $1,850,000 | -5.1% | $1,025 / Sq Ft |
| 02/17/2024 02/17/24 | For Sale | $1,949,000 | 0.0% | $1,080 / Sq Ft |
| 02/12/2024 02/12/24 | Pending | -- | -- | -- |
| 01/24/2024 01/24/24 | For Sale | $1,949,000 | -- | $1,080 / Sq Ft |
Source: The MLS
Tax History Compared to Growth
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 | $14,781 | $1,231,417 | $923,566 | $307,851 |
| 2024 | $14,781 | $1,207,272 | $905,457 | $301,815 |
| 2023 | $14,441 | $1,183,601 | $887,703 | $295,898 |
| 2022 | $14,239 | $1,160,395 | $870,298 | $290,097 |
| 2021 | $14,142 | $1,160,395 | $870,298 | $290,097 |
| 2019 | $14,786 | $1,205,923 | $861,375 | $344,548 |
| 2018 | $14,016 | $1,182,279 | $844,486 | $337,793 |
| 2016 | $13,492 | $1,136,372 | $811,695 | $324,677 |
| 2015 | $10,822 | $900,000 | $642,900 | $257,100 |
| 2014 | $10,874 | $900,000 | $642,900 | $257,100 |
Source: Public Records
Agents Affiliated with this Home
-
Seller's Agent in 2025
Kathy Ellis
Coldwell Banker Realty
(310) 804-4526
1 in this area
35 Total Sales
-
Buyer's Agent in 2025
David Rosenfeld
Advantage Real Estate
(310) 261-8692
1 in this area
43 Total Sales
Map
Source: The MLS
MLS Number: 24-351755
APN: 4457-015-001
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© 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.
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