2171 Mckain Street, Calabasas, California 91302, Calabasas, 91302 - 2 bed, 2 bath
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Calabasas, California 91302
Analysis of 2171 Mckain Street, Calabasas, California 91302 is currently available with a list price of $2,495,000. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. Located in a high-demand neighborhood within the Calabasas Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Property is moderate renovation needed.
Built in 1977, the home is well-maintained and livable but remains largely in its original state. The kitchen and bathrooms feature dated tile countertops, 1970s-style dark wood cabinetry, and older fixtures. While the property offers desirable architectural elements like vaulted beamed ceilings and skylights, the interior finishes, flooring, and appliances require significant modernization to meet current market standards for the area.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 97295, living area = 2240.
The property features 2.23 flat, usable acres along the Mulholland Corridor, offering a rare opportunity for equestrian facilities, a guest house, or a private compound.
Ideally situated between Malibu and Calabasas, the home provides easy access to world-class beaches, high-end shopping at The Commons, and the prestigious Las Virgenes Unified School District.
The current two-bedroom configuration may be insufficient for larger families or buyers seeking a move-in-ready home at this price point without immediate renovation.
Built in 1977 and marketed as an opportunity to 'reimagine,' the residence likely requires substantial capital investment to update its systems and finishes to modern luxury standards.
Set behind gates on 2.23 usable acres along the coveted Mulholland Corridor, this 2-bedroom, 2-bathroom home with a den offers approximately 2,240 square feet of flexible living space with potential to create additional bedrooms. The expansive layout provides an ideal opportunity for buyers looking to update, reimagine, or expand the residence.The flat, open acreage is surrounded by mature landscaping, mountain views, and exceptional privacy, creating a peaceful rural setting just minutes from town. The property offers numerous possibilities, including expanding the main residence, adding a guest house, developing a private compound, or creating a full equestrian setup with barn and riding arena.Located between Malibu and Calabasas, the home offers easy access to scenic hiking and riding trails, Malibu's beaches via Malibu Canyon, and the shops and restaurants at The Commons at Calabasas, including Erewhon. The property is also within the highly regarded Las Virgenes Unified School District and near Viewpoint School.With rare usable acreage, privacy, and expansion potential in one of the area's most desirable rural enclaves, 2171 McKain Street presents a unique opportunity to create a private ranch estate or modern retreat.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 4.0 | 3% |
| Baths | 2.0 | 4.0 | 13% |
| Square foot | 2,240 | 2,828.5 | 28% |
| Lot Size | 97,295 | 12,308.5 | 92% |
| Price | $2.50M | $1.97M | 62% |
| Price per sq ft | $1.1K | $715 | 94% |
| Built year | 1977 | 1987 | 39% |
| HOA | $0 | $202 | 42% |
| Days on market | 36 | 195 | 3% |
Mar 17, 2026
$2,495,000
Initial Listing
Apr 28, 2005
$1,430,000
Public Record