NOT LISTED FOR SALE

3910 Villa Costera Malibu, CA 90265

Estimated Value: $5,542,000 - $11,046,062

4 Beds
5 Baths
3,903 Sq Ft
$1,974/Sq Ft Est. Value

Last Sold April 11, 2022

Last sale price $13,325,000 $3,414 Per Sq Ft

Est. 42% decrease in value since last sale

Current estimated payment $52,758/month

110 Days on Market

Highlights

  • White Water Ocean Views
  • Detached Guest House
  • Heated In Ground Pool
  • Webster Elementary School Rated A
  • Tennis Courts
  • Sauna

About This Home

As of April 2022

This spectacular central Malibu Oasis boasts 180-degree white-water ocean views, style-forward, private living, and luxe outdoor amenities. Live an iconic Malibu lifestyle on four acres, surrounded by a gorgeous backdrop of scenic views. Past the expansive motor court and beautiful landscaping, enter the chic home designed by Michael Lee. Inside, soaring vaulted ceilings and ample windows curate a light, bright space. Areas to lounge and enjoy the views are abundant. The sophisticated kitchen includes a Ilve stove, Sub-Zero appliances, a large marble island, and open shelving. A formal dining area opens to a beautiful balcony. The primary suite includes an oversized bathroom, outdoor shower, and sauna. Outdoor amenities abound with a guest home, pool/spa, and large courtyard. A two-car garage adds ease and Malibu's coveted lifestyle is at your fingertips. This home is truly a dreaman extraordinary gem that will exceed all expectations and delight in its natural splendor. Deeded rights to La Costa Beach and Tennis Club.

Last Agent to Sell the Property

Sandro Dazzan

The Agency License #01418033 Listed on: 12/02/2021

The Agency

Last Buyer's Agent

Alexander Tarigo

Rodeo Realty License #01926886

Rodeo Realty

Home Details

Home Type

  • Single Family

Lot Details

  • 4.3 Acre Lot
  • Gated Home
  • Sprinkler System
  • Property is zoned LCA11*

Parking

  • 2 Car Garage
  • Circular Driveway
  • Gated Parking
  • Controlled Entrance

Property Views

  • White Water Ocean
  • Coastline
  • Catalina
  • City Lights
  • Mountain

Home Design

  • Metal Roof

Interior Spaces

  • 2-Story Property
  • Built-In Features
  • High Ceiling
  • Gas Fireplace
  • Entryway
  • Family Room
  • Living Room with Fireplace
  • 2 Fireplaces
  • Dining Area
  • Home Office
  • Utility Room
  • Sauna
  • Wood Flooring

Kitchen

  • Breakfast Area or Nook
  • Walk-In Pantry
  • Oven or Range
  • Freezer
  • Ice Maker
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • Powder Room
  • 5 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Alarm System
  • Fire Sprinkler System

Pool

  • Heated In Ground Pool
  • Heated Spa
  • In Ground Spa

Outdoor Features

  • Tennis Courts
  • Covered Patio or Porch
  • Outdoor Grill

Additional Homes

  • Detached Guest House
  • Fireplace in Guest House

Utilities

  • Central Heating and Cooling System
  • Septic Tank
  • Satellite Dish
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 4451-011-066

Community Details

Overview

  • No Home Owners Association

Recreation

  • Tennis Courts

Home Details

Home Type

Single Family

Lot Details

4.3 Acres

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Architectural
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: Yes
  • Lot Acreage: 4.3000
  • Probate: No
  • Stories: 2
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Gas, Gas and Wood, Guest House, Living Room
  • Flooring: Hardwood, Mixed
  • Bedrooms: 4
  • Fireplaces: 2
  • Full Bathroom: 5
  • Half Bathroom: 0
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Laundry: Inside
  • Total Bathrooms: 5.00
  • Equipment: Alarm System, Barbeque, Built-Ins, Cable, Dishwasher, Dryer, Freezer, Garbage Disposal, Hood Fan, Ice Maker, Range/Oven, Refrigerator, Satellite, Washer
  • Fireplace: Yes

Exterior Features

  • Other Features: Sauna Private, Sprinkler System, High Ceilings (9 Feet+), Barbecue Private
  • Other Structures: GuestHouse
  • Tennis Court: Community
  • Tennis Court Y/N: Yes
  • Guest House: Detached
  • Pool Description: Heated, In Ground, Private
  • Pool: Yes
  • Roof: Metal
  • Spa: Heated, Heated with Gas, Private, In Ground
  • Spa Yn: Yes
  • View: City Lights, Coastline, Mountains, Water, White Water, Ocean, Catalina
  • View: Yes

Garage/Parking

  • Garage Spaces: 2
  • Parking Garage: Circular Driveway, Controlled Entrance, Garage Is Detached, Driveway - Concrete, Garage - 2 Car, Gated
  • Total Parking: 10

Utilities

  • Cooling: Central, Air Conditioning
  • Heating: Central
  • Security: Gated, Fire and Smoke Detection System
  • Sewer: Septic Tank

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Special Zoning: Coastal Commission
  • Horses: No
  • Assessor Parcel Number: 4451-011-066
  • Lot Description: 2-4 Lots
  • Lot Size Area: 186992

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 2, 2021
Closed on
Apr 5, 2022
Sold by
Karen Henrietta Keland Trust
Bought by
3910 Villa Costera Residence Llc
Seller's Agent
Sandro Dazzan
The Agency
Buyer's Agent
Alexander Tarigo
Rodeo Realty
List Price
$13,950,000
Sold Price
$13,325,000
Premium/Discount to List
-$625,000
-4.48%
Current Estimated Value
$7,703,687

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$5,621,313
Avg. Annual Appreciation
-12.95%

Purchase Details

Closed on
Oct 5, 2017
Sold by
Keland Karen H
Bought by
Johnson Bank and Karen Henrietta Keland Trust

Purchase Details

Listed on
Nov 7, 2016
Closed on
Apr 27, 2017
Sold by
Lee George Michael
Bought by
Sissel Scott A
Seller's Agent
Ellen Francisco
Coldwell Banker Realty
Buyer's Agent
Melanie Sommers
Compass
List Price
$12,250,000
Sold Price
$10,125,000
Premium/Discount to List
-$2,125,000
-17.35%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-3.03%
Original Mortgage
$7,000,000
Interest Rate
4.5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Jun 16, 2015
Closed on
Dec 10, 2015
Sold by
Hanson Hart
Bought by
Lee George Michael and George Michael Lee 2015 Management Trust
Seller's Agent
Suzanne Frank
Abbot Kinney Real Estate Inc.
Buyer's Agent
Ellen Francisco
Coldwell Banker Realty
List Price
$4,500,000
Sold Price
$4,500,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
80.75%
Original Mortgage
$3,150,000
Interest Rate
3.83%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 5, 2007
Sold by
Hanson Hart D
Bought by
Hanson Hart and Hanson Brigitte

Purchase Details

Closed on
Mar 3, 2005
Sold by
Brown Saul
Bought by
Hanson Hart D and Hanson Brigitte A

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
5.7%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 30, 1994
Sold by
Brown Saul L
Bought by
Brown Saul and Brown Helen Reid
Source: Public Records

Range of Values:

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

Date Buyer Sale Price Title Company
3910 Villa Costera Residence Llc $13,325,000 Equity Title
Johnson Bank -- None Available
Sissel Scott A $10,125,000 Equity Title Company
Lee George Michael $4,500,000 Lawyers Title
Hanson Hart -- None Available
Hanson Hart D $2,825,000 Fidelity National Title
Brown Saul -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sissel Scott A $7,000,000
Previous Owner Lee George Michael $3,150,000
Previous Owner Hanson Hart D $1,000,000
Closed Hanson Hart D $977,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/11/2022 04/11/22 Sold $13,325,000 -0.9% $3,414 / Sq Ft
03/22/2022 03/22/22 Pending -- -- --
03/01/2022 03/01/22 Price Changed $13,450,000 -3.6% $3,446 / Sq Ft
01/13/2022 01/13/22 For Sale $13,950,000 0.0% $3,574 / Sq Ft
12/14/2021 12/14/21 Pending -- -- --
12/02/2021 12/02/21 For Sale $13,950,000 +37.8% $3,574 / Sq Ft
05/04/2017 05/04/17 Sold $10,125,000 -17.3% $2,594 / Sq Ft View Prior Sale
03/22/2017 03/22/17 Pending -- -- --
11/07/2016 11/07/16 For Sale $12,250,000 +172.2% $3,139 / Sq Ft
12/22/2015 12/22/15 Sold $4,500,000 0.0% $1,153 / Sq Ft View Prior Sale
06/16/2015 06/16/15 For Sale $4,500,000 -- $1,153 / 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 $146,828 $6,208,067 $6,208,067 --
2024 $146,828 $12,718,890 $9,363,600 $3,355,290
2023 $144,154 $12,469,500 $9,180,000 $3,289,500
2022 $115,212 $9,864,256 $7,505,413 $2,358,843
2021 $112,563 $9,670,841 $7,358,249 $2,312,592
2020 $111,934 $9,571,680 $7,282,800 $2,288,880
2019 $110,392 $9,384,000 $7,140,000 $2,244,000
2018 $104,830 $9,200,000 $7,000,000 $2,200,000
2017 $47,801 $4,080,000 $3,570,000 $510,000
2016 $46,273 $4,000,000 $3,500,000 $500,000
2015 $37,827 $3,256,742 $2,345,133 $911,609
2014 $37,266 $3,192,948 $2,299,196 $893,752
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 21-108757

The MLS

APN: 4451-011-066

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