23194 Park Blanco, Calabasas, California 91302, Calabasas, 91302 - 4 bed, 5 bath
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Calabasas, California 91302
This Elegant Guard-Gated Residence is a Prime Investment Opportunity, listed at $2,025,000—positioned well below the $2,110,676 Fair Market Value by 4%. This valuation gap provides $85,676 in Instant Equity for buyers. Boasting a Good Condition Rating, the home features a Viking-equipped kitchen, all en-suite bedrooms, and a resort-style pool and spa. Located in the prestigious Bellagio community within the top-rated Las Virgenes School District, it perfectly balances luxury with financial upside. This is an ideal acquisition for Owner-Occupants or Value-Driven Buyers.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 23194 Park Blanco Subject | $2,025,000* List Price | 4 | 5 | 3,258 | $666 | - |
A 3935 Bon Homme Sold | $1,758,855 | 4 | 4 | 3,041 | $578 | 0.8 mi |
B 22717 De Kalb Drive Sold | $2,525,000 | 5 | 6 | 3,669 | $688 | 0.7 mi |
C 22649 Town Crier Road Sold | $1,700,000 | 4 | 3 | 2,414 | $704 | 0.8 mi |
D 4080 Meadow Lark Sold | $1,830,000 | 5 | 3 | 2,785 | $657 | 0.4 mi |
E 23201 Park Corniche Active Under Contract | $2,500,000 List Price | 4 | 5 | 3,788 | $660 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 1989, this property is exceptionally well-maintained and move-in ready. The kitchen features a high-end renovation (Viking appliances, stone counters) likely completed 10-15 years ago. While some bathrooms and carpeted areas show their age, the overall structural and aesthetic condition is functional and elegant, fitting the 'Good' criteria for well-maintained homes of this vintage.
Situated in the exclusive Bellagio community, this home offers 24/7 security and prime proximity to the highly-rated Las Virgenes Unified School District and The Commons at Calabasas.
The floor plan is exceptionally well-designed, featuring all en-suite bedrooms, a convenient downstairs guest suite, and a versatile bonus room that can serve as a fifth bedroom or home office.
The expansive nearly 10,000-square-foot lot includes a resort-style backyard with a pool, spa, tranquil waterfall, and a large grassy area, providing a rare balance of hardscape and greenery.
Built in 1989, the property may require cosmetic updates or full renovations in certain areas to align with the contemporary luxury standards expected at this price point.
The monthly HOA fee of $410 represents a significant ongoing carrying cost that may impact the overall affordability for some prospective buyers.
Tucked away on a quiet cul-de-sac within the prestigious, guard-gated Bellagio community of Calabasas, this beautiful, light-filled home offers an exceptional blend of elegance, comfort, and thoughtful design. Spanning over 3,200 square feet, the home is well suited for both everyday living and memorable entertaining. From the moment you step inside, the dramatic two-story entry and living room set the tone with a striking sense of space and openness. The inviting layout is designed for both functionality and flow, featuring a formal living room, elegant dining room, and a warm family room that opens seamlessly to the backyard. The well-appointed kitchen connects effortlessly to the living spaces and features a 6-burner Viking range, built-in refrigerator, and a breakfast nook with views of the backyard. A private downstairs bedroom with its own en-suite bathroom provides an ideal retreat for guests or extended family, while a separate powder room serves the main living areas. Upstairs, you’ll find three generously sized bedrooms, each with its own en-suite bathroom, along with a versatile bonus room that offers endless possibilities—ideal as a home office, playroom, gym, or potential fifth bedroom. The expansive primary suite is a true sanctuary, featuring a generously sized bathroom with dual vanities, a soaking tub, oversized shower, and a large walk-in closet, plus an additional substantial closet within the bedroom. Set on an expansive nearly 10,000 square foot lot, the backyard is a private oasis. Enjoy a sparkling pool and spa with a tranquil waterfall, along with a large grassy area perfect for relaxation, play, or hosting. Additional highlights include a 3-car garage and a dedicated laundry room, offering both convenience and practicality. Ideally located just moments from Calabasas Lake and The Commons at Calabasas, with easy access to dining, shopping, and the highly acclaimed Las Virgenes Unified School District, this home offers an exceptional opportunity to own in one of the area’s most sought-after communities, featuring beautifully maintained grounds and a sense of privacy. This is more than just a home—it’s where comfort, space, and lifestyle come together beautifully.
No exterior & parking available.
Grades K-5 • 0.9 mi
Grades K-5 • 1.1 mi
Grades 6-8 • 1.1 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 4.0 | 50% |
| Baths | 5.0 | 4.0 | 66% |
| Square foot | 3,258 | 2,918 | 59% |
| Lot Size | 9,866 | 12,983 | 33% |
| Price | $2.02M | $1.99M | 51% |
| Price per sq ft | $622 | $726 | 24% |
| Built year | 1989 | 1987 | 63% |
| HOA | $410.0 | $106 | 78% |
| Days on market | 52 | 145 | 5% |
Apr 23, 2026
$2,025,000
Initial Listing
Sep 22, 2004
$1,250,000
Public Record
Apr 5, 2002
$765,000
Public Record