$6,500,026
SOLD APR 15, 2026

3903 Carbon Canyon Rd Malibu, CA 90265

3.25 Acres
$1,997,181 Price per Acre
141,770 Sq Ft Lot

Sale Details

Date Sold: April 15, 2026

$559 Per Sq Ft

46% Below List Price

122 Days on Market

Highlights

  • Ocean View
  • Property has ocean access
  • Hilltop Location
  • Webster Elementary School Rated A
  • Bluff on Lot
  • Corner Lot

About This Lot

As of April 2026

Rebuild a Malibu masterpiece at 3903 Carbon Canyon Rd, an extraordinary 3.25-acre estate site with panoramic ocean, canyon, and coastal views. Thoughtfully crafted conceptual renderings by award-winning Bowery Design Group envision a gated, 14,000 SF architectural compound featuring 6 bedrooms, 7 full and 3 half baths, a 1,500+ SF primary suite, 14-ft ceilings, and seamless indoor-outdoor flow. Amenities include a theater, gym, spa, lounge, and game room, plus approx. 4,000 SF of outdoor living with 3 pools, bocce court, and full sports court with 270 views. Includes deeded La Costa Beach Club access and proximity to Carbon Beach, Nobu, Soho House, and Malibu Pier. Renderings are conceptual only. Don't miss this incredible development opportunity to rebuild a once legacy home with a modern new creative vision!

Last Agent to Sell the Property

Daniel Milstein

Christie's International Real Estate SoCal License #02106842 Listed on: 10/24/2025

Christie's International Real Estate SoCal

Co-Listed By

Aaron Kirman

Christie's International Real Estate SoCal License #01296524

Last Buyer's Agent

Alexander Howe

Christie's International Real Estate SoCal License #01956080

Christie's International Real Estate SoCal

Property Details

Property Type

  • Land

Lot Details

  • 3.25 Acre Lot
  • Fenced Yard
  • Bluff on Lot
  • Corner Lot
  • Level Lot
  • Hilltop Location
  • Tear Down
  • Property is zoned LCR11*

Parking

  • Automatic Gate

Property Views

  • Ocean
  • Coastline
  • Courtyard

Outdoor Features

  • Property has ocean access

Listing and Financial Details

  • Assessor Parcel Number 4451-010-020

Property Details

Property Type

Land

Lot Details

3.25 Acres

Listing Details

  • Property Type: Land
  • Street Number Display: Yes
  • Lot Acreage: 3.2546
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Street Description: Asphalt
  • Street Lights: Yes
  • View: Coastline, Ocean, Water, Courtyard
  • View: Yes
  • Waterfront: Beach Rights, Beach Access

Utilities

  • Cable: No
  • Telephone: No

Lot Info

  • Special Zoning: Coastal Commission
  • Assessor Parcel Number: 4451-010-020
  • Lot Description: Bluff Front, Fenced, Lot-Level/Flat, Raw Land, Redevelopment Area, Tear Down On Lot, Automatic Gate, Fenced Yard
  • Lot Location: Corner Lot, Bluff Front, Hilltop, Ocean Access
  • Lot Size Area: 141770
  • Present Use: Private single family residential estate
  • Site Decription: Canyon, Hilltop
  • Topography: Pad,Uphill

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 25, 2015
Sold by
Foster David W
Bought by
3903/3905 Carbon Canyon Holding Llc

Purchase Details

Closed on
Jan 2, 2013
Sold by
Foster David W
Bought by
Foster David W and Foster Family Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$7,714,000
Interest Rate
3.27%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 22, 2010
Sold by
Hadid Yolanda J J
Bought by
Foster David W and The Foster Family Trust

Purchase Details

Closed on
Jun 5, 2007
Sold by
Oruncakciel Bedros
Bought by
Hadid Yolanda J J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,500,000
Interest Rate
6.14%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 6, 1998
Sold by
Ksadjikian Serop and Ksadjikian Satenik
Bought by
Ksadjikian Serop and Ksadjikian Satenik

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,000
Interest Rate
6.54%
Mortgage Type
Stand Alone First
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
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Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Purchase History

Date Type Sale Price Title Company
Grant Deed $19,495,000 Equity Title Company
Interfamily Deed Transfer -- Chicago Title Company
Grant Deed -- Old Republic Title Company
Grant Deed $4,500,000 Commonwealth Title
Interfamily Deed Transfer -- Commonwealth Title
Interfamily Deed Transfer -- Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $7,714,000 New Conventional
Previous Owner $4,500,000 Purchase Money Mortgage
Previous Owner $125,000 Stand Alone First
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/15/2026 04/15/26 Sold $6,500,026 -45.8% $559 / Sq Ft
02/23/2026 02/23/26 Pending -- -- --
10/24/2025 10/24/25 For Sale $11,995,000 -- $1,032 / 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 $261,054 $13,080,963 $13,080,963 --
2024 $261,054 $22,625,617 $19,729,959 $2,895,658
2023 $256,302 $22,181,979 $19,343,098 $2,838,881
2022 $253,424 $21,747,039 $18,963,822 $2,783,217
2021 $247,568 $21,320,628 $18,591,983 $2,728,645
2019 $242,797 $20,688,249 $18,040,536 $2,647,713
2018 $230,419 $20,282,598 $17,686,800 $2,595,798
2016 $158,268 $13,848,215 $9,813,696 $4,034,519
2015 $156,152 $13,640,203 $9,666,286 $3,973,917
2014 $153,767 $13,373,011 $9,476,937 $3,896,074
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 25610577

The MLS

APN: 4451-010-020

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