23216 Park Esperanza, Calabasas, California 91302, Calabasas, 91302 - 4 bed, 4 bath
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Calabasas, California 91302
This Spacious Single Family Residence represents a Strong Value Opportunity, listed at $2,345,000—positioned well below the $2,207,353 Fair Market Value by -6%. While the home maintains a Condition Rating of 4, its prime location near The Commons and Las Virgenes Schools provides a solid foundation for modernization. Featuring a private pool, spa, and pastoral views, the property offers significant potential for value-add renovations. This is an ideal acquisition for Owner-Occupants seeking a lifestyle upgrade or Value-Add Investors targeting the Calabasas market.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 23216 Park Esperanza Subject | $2,345,000* List Price | 4 | 4 | 3,248 | $680 | - |
A 23194 Park Blanco Sold | $2,010,000 | 4 | 5 | 3,258 | $617 | 0.3 mi |
B 23139 Park Contessa Sold | $2,270,000 | 4 | 5 | 3,595 | $631 | 0.1 mi |
C 22717 De Kalb Drive Sold | $2,525,000 | 5 | 6 | 3,669 | $688 | 0.9 mi |
D 23124 Park Contessa Sold | $2,425,000 | 4 | 3 | 2,715 | $893 | 0.1 mi |
E 22649 Town Crier Road Sold | $1,700,000 | 4 | 3 | 2,414 | $704 | 1.0 mi |
F 23201 Park Corniche Sold | $2,300,000 | 4 | 5 | 3,788 | $607 | 0.5 mi |
G 22815 Sparrowdell Active | $1,699,000 List Price | 5 | 4 | 2,810 | $605 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1970, the home shows signs of aging with renovations likely dating back 20+ years. While the living areas have updated flooring, the kitchen retains dated tile countertops and older cabinetry. A glimpse of the bathroom reveals older tile work, and the primary closet/built-ins appear original or dated, indicating the home needs cosmetic updates to meet modern standards.
Situated on a quiet cul-de-sac within walking distance to The Commons and Calabasas Lake, offering residents premier access to high-end shopping, dining, and top-rated Las Virgenes schools.
The oversized corner lot features a private backyard oasis complete with a pool, spa, built-in barbecue center, and a gated courtyard, providing a perfect setting for high-end entertaining.
The generous primary suite serves as a true sanctuary, featuring soaring volume ceilings, a private fireplace, and a large walk-out balcony with serene pastoral views.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 5, other record bedroom count = 4.
Built in 1970, the home may require significant cosmetic modernization and system upgrades to meet the expectations of contemporary luxury buyers in this price bracket.
The combination of an aging structure, extensive wood-beam ceilings, and mature landscaping across a large lot suggests higher ongoing maintenance and insurance costs.
This charming home is nestled on a quiet cul-de-sac, in a prime Calabasas neighborhood located just a few short blocks from Calabasas Lake. Sited on a big corner lot, the home includes a gated courtyard entry with water feature and patio seating amongst mature trees, all leading to a wonderfully private home and setting. Highlights of this spacious 3,248' home include volume, wood beam ceilings, a sunny kitchen with stainless steel appliances and a big breafast room that adjoins the family room that includes a fireplace & wet bar with counter seating. There is also a formal dining room and large, casual living room with big picture windows that showcase the rear grounds. There are 4 bedrooms and 4 baths, including the generous primary suite featuring a soaring volume ceiling, fireplace, bath with dual vanities, large walk-in closet and sliding glass doors that lead to the oversized walk-out sitting balcony that showcases the pastoral views. The spacious backyard is private, surrounded by mature trees, and includes a big pool, spa, barbecue center, outdoor shower and large covered patio. Ideally located within easy walking distance to The Commons shopping center with many stores and restaurants, and also close to the nearby, highly rated Calabasas schools, this home has much to offer.
No exterior & parking available.
Grades K-5 • 1.1 mi
Grades 6-8 • 1.3 mi
Grades 9-12 • 1.1 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 4.0 |
| Baths | 4.0 | 4.0 |
| Square foot | 3,248 | 3,125 |
| Lot Size | 10,344 | 11,864 |
| Price | $2.35M | $1.98M |
| Price per sq ft | $722 | $716 |
| Built year | 1970 | 1991 |
| HOA | $364.9 | $362 |
| Days on market | 14 | 56 |
Jul 8, 2026
$2,345,000
Initial Listing