For sale · Costa del Sol · Istán
€4,950,000
6 beds · 7 baths · 877 m² built · 129127 m² plot
Ref HT5476747Updated daily · Last sync 17 September 2026
About this property
Six-bedroom villa with private pool in Istán, Costa del Sol. This 877-square-metre residence sits on a private 25,456-square-metre peninsula extending into the Embalse de la Concepción reservoir, with the full estate spanning 129,127 square metres across seven adjoining plots. The southwest-facing position delivers panoramic views across the lake and mountains, with sightlines reaching the Mediterranean, Gibraltar and North Africa on clear days.
The villa spreads across two floors and includes seven bathrooms, two guest toilets, and 717 square metres of terraces surrounding a 62-square-metre swimming pool. Built in 1997, the property requires full renovation but offers substantial scope for reconfiguration. The proposed layout incorporates a gym and spa alongside the six bedroom suites, with generous living and entertaining areas designed to capitalise on the water and mountain views. The terraces wrap around multiple elevations, creating outdoor spaces that follow the sun throughout the day whilst overlooking the reservoir below.
The estate occupies an elevated position in the mountains above Marbella, surrounded by water on three sides where the peninsula projects into the lake. Istán village centre lies 4 kilometres to the north, whilst the property sits 15 kilometres from Marbella's coastal centre and 12 kilometres from Puerto Banús. The reservoir itself forms part of the protected Sierra de las Nieves landscape, with hiking trails accessible directly from the estate's boundaries and the lake providing a natural buffer from neighbouring development.
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Property details
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Location
Map shows the approximate Istán area. Exact address provided upon request. This property is in IstánCosta del Sol.
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Similar properties
Market average €5,104/sqm across 7 active istán villas.
Market context
Live €/m² comparisons from current inventory of similar villas in the same city.
This Villa
€5,644 / m²
€5,644 × 877 m² = €4,950,000 asking
Comparable averages
Istán villas
7 active listings