NOT LISTED FOR SALE

3900 Villa Costera Malibu, CA 90265

Estimated Value: $5,205,000 - $9,970,229

5 Beds
5.5 Baths
6,459 Sq Ft
$1,088/Sq Ft Est. Value

Last Sold September 08, 2022

Last sale price $10,250,000 $1,587 Per Sq Ft

Est. 31% decrease in value since last sale

Current estimated payment $46,034/month

219 Days on Market

Highlights

  • Ocean View
  • Detached Guest House
  • Wine Cellar
  • Webster Elementary School Rated A
  • Tennis Courts
  • Filtered Pool

About This Home

As of September 2022

Step into this spectacular Malibu architectural estate, with its impressive walls of glass, and awe inspiring ocean and sunset views from Santa Monica to Point Dume! Come prepared to say WOW! The property is tucked behind gates, in a private enclave of homes, overlooking beautiful Carbon Beach. An unforgettable home on approximately 1 acre which features a two-story guest suite, lap pool, private north/south tennis court and multiple entertaining decks with jetliner white water ocean views. An expansive great room opens to extraordinary panoramic ocean views with an open concept floor plan ideal for entertaining. High ceilings, art walls, a large dining room and cook's kitchen with more ocean views. A separate media suite includes a game room and refrigerated wine cellar that open to the tennis court. The primary suite has incredible ocean-views, a woodburning fireplace, gorgeous bathroom with a steam shower and an impressive extra large custom closet & sauna. All additional guest bedrooms are en-suite with beautiful ocean views. Many wonderful indoor and outdoor entertaining spaces, lovely low maintenance landscaping, beautiful date palms, all make this easy living home simply exceptional. Close to Santa Monica and to the wonderful shops and restaurants in Malibu. Just minutes to SOHO Little Beach House and Nobu. La Costa Beach and Tennis Club rights. Location, location, location!! Live the Malibu dream! ALSO AVAILABLE FOR SUMMMER LEASE AT $65,000 PER MONTH.

Last Agent to Sell the Property

Patricia Cali

Compass License #01424715 Listed on: 01/10/2022

Compass

Co-Listed By

Tracy Bunetta

Sotheby's International Realty License #01042559

Last Buyer's Agent

Suzanne Dranow

Compass License #01497174

Compass

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1984 | Remodeled

Lot Details

  • 1 Acre Lot
  • Gated Home
  • Property is zoned LCA11*

Parking

  • 2 Car Attached Garage
  • 2 Open Parking Spaces
  • Driveway

Property Views

  • Ocean
  • Coastline

Home Design

  • Split Level Home
  • Metal Roof
  • Wood Siding

Interior Spaces

  • 6,459 Sq Ft Home
  • 3-Story Property
  • Built-In Features
  • High Ceiling
  • Wine Cellar
  • Great Room with Fireplace
  • 3 Fireplaces
  • Separate Family Room
  • Living Room
  • Dining Room
  • Home Office
  • Sauna
  • Alarm System
  • Laundry Room

Kitchen

  • Gourmet Kitchen
  • Breakfast Bar
  • Double Oven
  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Stone Countertops
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Fireplace in Primary Bedroom
  • Primary Bedroom Suite
  • Walk-In Closet
  • Dressing Area
  • Remodeled Bathroom
  • Powder Room
  • Steam Shower

Pool

  • Filtered Pool
  • Heated Lap Pool
  • Heated In Ground Pool

Outdoor Features

  • Tennis Courts
  • Living Room Balcony
  • Rooftop Deck

Additional Homes

  • Detached Guest House
  • Fireplace in Guest House

Utilities

  • Central Heating and Cooling System
  • Property is located within a water district
  • Septic Tank

Community Details

  • No Home Owners Association
  • Billiard Room
  • Gated Community

Listing and Financial Details

  • Assessor Parcel Number 4451-011-065

Home Details

Home Type

Single Family

Year Built

Built in 1984 | Remodeled

Lot Details

1 Acres

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Architectural
  • Levels: Multi/Split
  • Street Number Display: Yes
  • Entry Location: Main Level
  • Living Area: 6459
  • Lot Acreage: 1.0036
  • Property Condition: Updated/Remodeled
  • Stories: 3
  • Year Built: 1984
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Gas and Wood, Great Room, Master Bedroom, Guest House
  • Flooring: Wood, Carpet, Mixed
  • Appliances: Cooktop - Gas, Double Oven
  • Bedrooms: 5
  • Fireplaces: 3
  • Full Bathroom: 5
  • Half Bathroom: 1
  • Bedroom Features: Dressing Area, Master Suite, WalkInCloset
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Bathroom Features: Powder Room, Remodeled, Steam Shower
  • Three Quarter Bathrooms: 0
  • Eating Areas: Breakfast Counter / Bar, Family Room
  • Kitchen Features: Gourmet Kitchen, Island, Stone Counters
  • Laundry: Room
  • Total Bathrooms: 6.00
  • Equipment: Alarm System, Built-Ins, Dishwasher, Garbage Disposal, Hood Fan, Refrigerator, Microwave
  • Fireplace: Yes
  • Price Per S Q F T: 1652.73

Exterior Features

  • Construction: Wood Siding
  • Other Features: Balcony, High Ceilings (9 Feet+)
  • Other Structures: GuestHouse
  • Tennis Court: Private Tennis Court, Private, North/South
  • Tennis Court Y/N: Yes
  • Guest House: Detached
  • Patio: Living Room Balcony, Balcony, Roof Top Deck
  • Pool Description: Heated, Filtered, Lap Pool
  • Pool: Yes
  • Roof: Metal
  • Spa Yn: No
  • View: Ocean, Coastline
  • View: Yes

Garage/Parking

  • Garage Spaces: 2
  • Other Spaces: 2
  • Parking Garage: Driveway, Garage - 2 Car, Garage Is Attached
  • Total Parking: 4

Utilities

  • Cooling: Central
  • Heating: Central
  • Security: Gated
  • Sewer: Septic Tank
  • Water: District

Association/Amenities

  • Amenities: Gated Community

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Special Zoning: Coastal Commission
  • Horses: No
  • Assessor Parcel Number: 4451-011-065
  • Lot Size Area: 43716

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

Listed on
Jan 10, 2022
Closed on
Aug 23, 2022
Sold by
Monte Nido Llc
Bought by
Edell Family Trust and Edell
Seller's Agent
Patricia Cali
Compass
Buyer's Agent
Suzanne Dranow
Compass
List Price
$15,999,000
Sold Price
$10,250,000
Premium/Discount to List
-$5,749,000
-35.93%
Views
32
Current Estimated Value
$7,029,410

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$3,220,590
Avg. Annual Appreciation
-10.13%
Original Mortgage
$6,150,000
Outstanding Balance
$5,844,971
Interest Rate
5.3%
Mortgage Type
New Conventional
Estimated Equity
$1,184,439

Purchase Details

Closed on
Feb 8, 2017
Sold by
Monte Nido Llc
Bought by
Monte Nido Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$6,050,000
Interest Rate
3.12%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Aug 24, 2015
Closed on
Jan 13, 2016
Sold by
Monet Nido Llc
Bought by
Jenkins Roger
Seller's Agent
Ellen Francisco
Coldwell Banker Realty
Buyer's Agent
Tracy Bunetta
Sotheby's International Realty
List Price
$12,950,000
Sold Price
$10,975,000
Premium/Discount to List
-$1,975,000
-15.25%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-4.25%

Purchase Details

Listed on
Aug 24, 2015
Closed on
Nov 24, 2015
Sold by
Lee George Michael
Bought by
Monte Nido Llc
Seller's Agent
Ellen Francisco
Coldwell Banker Realty
Buyer's Agent
Tracy Bunetta
Sotheby's International Realty
List Price
$12,950,000
Sold Price
$10,975,000
Premium/Discount to List
-$1,975,000
-15.25%

Purchase Details

Listed on
Jul 31, 2013
Closed on
Dec 23, 2013
Sold by
Adamson Siulan Kantor
Bought by
Lee George Michael
Seller's Agent
Mark S. Gruskin
Westside Estate Agency-Malibu
Buyer's Agent
Ellen Francisco
Coldwell Banker Realty
List Price
$4,195,000
Sold Price
$3,825,000
Premium/Discount to List
-$370,000
-8.82%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
71.22%
Original Mortgage
$2,677,500
Interest Rate
4.26%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 31, 2004
Sold by
Adamson Siulan Kantor
Bought by
Adamson David C M and Adamson Siulan Kantor

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
5.94%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Oct 23, 2002
Sold by
Adamson David
Bought by
Adamson Siulan Kantor

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
5.62%

Purchase Details

Closed on
Aug 15, 2001
Sold by
Fernandez Brenda Baugh
Bought by
Fernandez Brenda B and Brenda B Fernandez Revocable Trust

Purchase Details

Closed on
Dec 11, 2000
Sold by
Bramscher Craig
Bought by
Fernandez Brenda Baugh

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,000,000
Interest Rate
7.54%

Purchase Details

Closed on
Dec 16, 1998
Sold by
Bramscher Jennifer
Bought by
Bramscher Craig

Purchase Details

Closed on
Apr 28, 1998
Sold by
Mcgregor William T
Bought by
Bramscher Craig

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,100,000
Interest Rate
5.95%
Mortgage Type
Stand Alone First
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Edell Family Trust $10,250,000 Lawyers Title
Monte Nido Llc -- Orange Coast Title Company
Jenkins Roger -- None Available
Monte Nido Llc $10,975,000 Equity Title Los Angeles
Lee George Michael $3,825,038 Equity Title Company
Adamson David C M -- Fidelity National Financial
Adamson Siulan Kantor -- Equity Title Company
Fernandez Brenda B -- --
Fernandez Brenda B -- --
Fernandez Brenda Baugh $2,550,000 Equity Title Company
Fernandez Brenda Baugh -- Equity Title Company
Bramscher Craig -- Stewart Title
Bramscher Craig $1,700,000 Stewart Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Edell Family Trust $6,150,000
Previous Owner Monte Nido Llc $6,050,000
Previous Owner Lee George Michael $2,677,500
Previous Owner Adamson David C M $1,000,000
Previous Owner Adamson Siulan Kantor $500,000
Previous Owner Fernandez Brenda Baugh $2,000,000
Previous Owner Bramscher Craig $1,100,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/08/2022 09/08/22 Sold $10,250,000 -4.0% $1,587 / Sq Ft
08/17/2022 08/17/22 Pending -- -- --
07/25/2022 07/25/22 Price Changed $10,675,000 -11.0% $1,653 / Sq Ft
07/06/2022 07/06/22 Price Changed $12,000,000 -6.8% $1,858 / Sq Ft
06/11/2022 06/11/22 Price Changed $12,875,000 -7.2% $1,993 / Sq Ft
04/18/2022 04/18/22 Price Changed $13,875,000 -4.3% $2,148 / Sq Ft
04/13/2022 04/13/22 Price Changed $14,499,000 -3.3% $2,245 / Sq Ft
03/03/2022 03/03/22 Price Changed $14,999,000 -6.3% $2,322 / Sq Ft
01/10/2022 01/10/22 For Sale $15,999,000 0.0% $2,477 / Sq Ft
01/11/2019 01/11/19 Rented $50,000 0.0% --
11/20/2018 11/20/18 For Rent $50,000 0.0% --
12/16/2015 12/16/15 Sold $10,975,000 -6.6% $1,699 / Sq Ft View Prior Sale
11/11/2015 11/11/15 Price Changed $11,750,000 -9.3% $1,819 / Sq Ft
08/24/2015 08/24/15 For Sale $12,950,000 +238.6% $2,005 / Sq Ft
12/31/2013 12/31/13 Sold $3,825,000 -8.8% $592 / Sq Ft View Prior Sale
11/01/2013 11/01/13 Pending -- -- --
07/31/2013 07/31/13 For Sale $4,195,000 -- $649 / Sq Ft
Source: The MLS

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 $108,713 $3,825,873 $3,825,873 --
2024 $108,713 $9,360,650 $5,883,517 $3,477,133
2023 $119,094 $10,250,000 $5,657,400 $4,592,600
2022 $140,262 $12,002,764 $10,936,461 $1,066,303
2021 $137,006 $11,767,417 $10,722,021 $1,045,396
2019 $134,368 $11,418,390 $10,404,000 $1,014,390
2018 $127,432 $11,194,500 $10,200,000 $994,500
2016 $125,326 $10,975,000 $10,000,000 $975,000
2015 $45,286 $3,901,423 $3,059,940 $841,483
2014 $44,617 $3,825,000 $3,000,000 $825,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 22-117073

The MLS

APN: 4451-011-065

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