See Home Value
$6,663,399*
House - Off Market

3989 VILLA COSTERA

MALIBU, CA 90265
bedrooms
3 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2304 Sqft
$5,126,000 - $6,264,000
Reference Base Price*
17.00%
Since Jul 1, 2021
National-US
Primary Model
Sold Dec 03, 2021
$4,890,000
$3,423,000 by City National Bank
Mortgage Due Dec 01, 2051

About This Property

This rare, two-story, gated contemporary home is located on a private bluff in one of the most exclusive neighborhoods in Malibu. The resort-like setting overlooks the surf and coastline along the Queens Necklace and beyond to Catalina. In addition to a private primary suite, there are two large bedrooms, one-and-a-half bathrooms and a media room. In addition, a freshly updated Wolf/Sub-Zero chefs kitchen features custom finishes and natural quartzite countertops.Beautifully manicured on over an acre, the offering comes with permit-ready plans for a two-story guest studio totaling over 2,000 square feet. Also included are plans for an additional 750 square feet of decks, all with expansive whitewater ocean views. The home comes with deeded rights to the renowned La Costa Beach and Tennis Club.

The manager has listed the unit size as 2304 square feet.
Unit Size
2,304Ft²
Days on Market
-
Land Size
-
Price per sqft
$2,472
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1957

Price History

Date / Event Date Event Price
Dec 3, 2021 Sold to Miriam Weisbecker $4,890,000
Sold to Miriam Weisbecker
Jun 25, 2021 No longer available -
No longer available
May 20, 2021 Listed $5,695,000
Listed
Oct 4, 2019 No longer available -
No longer available
Apr 23, 2019 Listed $5,695,000
Listed
This rare, two-story, gated contemporary home is located on a private bluff in one of the most exclusive neighborhoods in Malibu. The resort-like setting overlooks the surf and coastline along the Queens Necklace and beyond to Catalina. In addition to a private master suite, there are two large bedrooms, one-and-a-half bathrooms and a media room. In addition, a freshly updated Wolf/Sub-Zero chef's kitchen features custom finishes and natural quartzite countertops. Beautifully manicured on…

Property Highlights

Garage

Building Info

Overview

    General

  • Year Built: 1957
  • Effective Year Built: 1959
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Good
  • Building Quality: C
  • Construction Type: Wood
  • Building Style: Conventional
  • Exterior Walls Type: Stucco
  • Roof Cover Type: Tar and gravel
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 58,700
  • Total Building Area: 2,304
  • Building Area: 2,304
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Central heating
  • Heated Square Feet: 2,304
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: THE RANCHO TOPANGA MALIBU SEQUIT
  • Land Acres: 1.348
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LAND OF MATTHEW KELLER IN THE RANCHO TOPANGA MALIBU SEQUIT LOT COM AT MOST S COR OF LAND DESC IN OR47481-296 TO RUDOLPH T ORLANDO AND STEVE PICCIOLO JR TH N 75 4025 W 135.96 FT TH N BEG PART OF LOT/SEC 1

Ownership

  • Current Owner : WEISBECKER MIRIAM
  • Previous Owner : KLEIN MICHAEL
  • Previous Owner 2: THE MICHAEL L KLEIN TRUST
  • Ownership Rights Codes: Married Woman as her sole & separate property

Neighborhood

  • School District Name: Santa Monica-Malibu Unified School District
  • Census Tract: 800504

Zoning

  • Zoning: LCA11*

Geography

  • Assessors Map Reference: 114-E4
  • Parcel: 4451-011-011
  • Lot: 1
  • Municipality: WEST /BIG ROCK/RAMBLA
  • Latitude: 34.0393
  • Longitude: -118.647

    Address

  • Full Address: 3989 Villa Costera
  • Address - House Number: 3989
  • Address - Street Name: Villa Costera
  • State: CA
  • City Name: Malibu
  • Carrier Code: C017
  • 4-Digit Zip Code: 5151
  • Zip Code: 90265

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $57,689
  • Tax Rate Code Area: 10-865

    Appraisal Valuation

  • Standard Deviation: 0.2327
  • Valuation Date: Aug 04, 2023
  • Confidence Score: 67
  • Final Value: 3,857,487
  • High Value: 4,755,276
  • Low Value: 2,959,699

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $3,423,000
  • First Open Lien Mortgage Lender: CITY NATIONAL BANK
  • First Open Lien Mortgage Recording Date: Dec 03, 2021
  • First Open Lien Mortgage Loan Amount: $3,423,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Dec 01, 2051

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $4,987,800
  • Assessed Land Value: $3,990,240
  • Assessed Improvements Value: $997,560

    Sales

  • Current Sale Contract Date: Oct 11, 2021
  • Current Sale Recording Date: Dec 03, 2021
  • Current Sale Transaction ID: 11871609142
  • Current Sale Price: $4,890,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 21-1794159

    Last Sale Mortgage

  • First Mortgage Lender: CITY NATIONAL BANK
  • First Mortgage Transaction Date: Dec 03, 2021
  • First Mortgage Loan Amount: $3,423,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Dec 01, 2051



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
4 Beds
4 Baths
4,915 ft²
$1,312/ft²
$6,450,000 Nov 9, 2022
-
-

About Eastern Malibu


Similar Homes for Sale


Nearby Rentals

Unit for rent at 22860 Pacific Coast Hwy, MALIBU, CA, 90265

$5,295 /mo

  • 1 Bed
  • 1 Bath
22860 Pacific Coast Hwy #207, MALIBU, CA, 90265 Listing by Douglas E. Carroll


Frequently Asked Questions

When was property at 3989 Villa Costera built and last sold?
The property at 3989 Villa Costera was built in 1957 and last sold on Oct 11, 2021 for $4,890,000.
How much is this home worth?
The estimated value of the home located at 3989 Villa Costera is $5,737,068.
What are some comparable homes to 3989 Villa Costera?
There are currently no comparable homes to 3989 Villa Costera.

Quantcast