23477 Park Colombo, Calabasas, California 91302, Calabasas, 91302 - 5 bed, 5 bath

23477 Park Colombo, Calabasas, California 91302 home-pic-0
ACTIVE$4,999,999
23477 Park Colombo, Calabasas, California 91302
5Beds
5Baths
5,273Sqft
10,245Lot

Price Vs. Estimate

The estimated value ($4,996,760.93) is $3,238.07 (0%) lower than the list price ($4,999,999). This property may be overpriced.

Key pros and cons

Top Pros:
Extensive High-End Renovation: The home has been extensively renovated to the highest standards with no expense spared, featuring premium materials like large slab limestone floors, European white oak flooring, and custom cabinetry throughout.
Top Cons:
Recent Price Reductions: The property has undergone multiple price reductions since its initial listing, which could indicate market resistance or an initial overestimation of its value.

Compared to the nearby listings

Price:$5.00M vs avg $1.98M (+$3,015,561.5)88%
Size:5,273 sqft vs avg 3,088.5 sqft84%
Price/sqft:$948 vs avg $70185%

More Insights

Built in 1996 (29 years old).
Condition: Despite being built in 1996, this property has undergone an extensive, high-end renovation, as explicitly stated and visually confirmed. The kitchen is a 'chef's kitchen' with striking Calcutta Borghini marble, Wolf appliances, custom white oak cabinetry, and Zellige tiles, all appearing brand new and top-of-the-line. Bathrooms are equally luxurious, featuring backlit onyx sinks, custom white oak cabinets, and premium fixtures with modern tile work. The property boasts new large slab limestone and 10" wide European white oak flooring, modern light fixtures, and updated systems like a tankless water heater and premium audio/security. All components are virtually new, meeting current quality standards with no deferred maintenance, aligning perfectly with an 'excellent' condition rating.
Year Built
1996
Close
-
List price
$5M
Original List price
$5.39M
Price/Sqft
$948
HOA
$684
Days on market
-
Sold On
-
MLS number
SR25179146
Home ConditionExcellent
Features
Good View: Canyon, Hills, Mountain(s)
Pool
Spa
Patio
ViewCanyon, Hills, Mountain(s)

About this home

Welcome home to this stylish and elegant home in the guard-gated community of The Ridge in the heart of Calabasas. Situated near the end of a cul-de-sac, this extensively renovated home has been updated to the highest standards - with no expense spared - and is perfectly designed to enjoy indoor-outdoor living at its best. As you enter the two-story foyer, you'll notice the gorgeous large slab limestone floors, an abundance of natural light, and beautifully appointed formal living and dining rooms on either side. Just beyond, the spacious family room with fireplace looks out over the entertainer's backyard and flows into the show-stopping chef’s kitchen, featuring striking Calcutta Borghini marble counters and center island, Wolf appliances, custom solid flat sawn white oak cabinetry, and Zellige tiles. The lower level also includes an office overlooking the backyard, a bedroom with en-suite bath, and a fabulous powder room with a backlit onyx sink. The beautiful limestone extends upstairs, with 10" wide European white oak wood flooring covering the remainder of the residence. Once upstairs, you find a generous loft/family room and a balcony with sweeping views. The private primary suite boasts stunning views, a two-sided fireplace, and a luxurious spa-like bath with a soaking tub, large walk-in shower, and dual custom closets - all crafted with timeless, high-end materials. The refined details extend to the secondary bathrooms, where you'll also find solid white oak cabinets, hand-made and cut terra cotta and marble flooring, Zellige tiles, and premium fixtures. The backyard oasis features a pool and spa framed by beautiful hedges and includes a fire-pit, a bbq area with a pizza oven, a cozy dining area, and lush, sophisticated landscaping - perfect for both relaxing and entertaining. Finally, this home is outfitted with a tankless water heater, premium audio, and a comprehensive video security system.

Nearby schools

6/10
Bay Laurel Elementary School
Public,K-50.7mi
7/10
Alice C. Stelle Middle School
Public,6-81.5mi
8/10
Calabasas High School
Public,9-121.1mi
Condition Rating
Excellent

Despite being built in 1996, this property has undergone an extensive, high-end renovation, as explicitly stated and visually confirmed. The kitchen is a 'chef's kitchen' with striking Calcutta Borghini marble, Wolf appliances, custom white oak cabinetry, and Zellige tiles, all appearing brand new and top-of-the-line. Bathrooms are equally luxurious, featuring backlit onyx sinks, custom white oak cabinets, and premium fixtures with modern tile work. The property boasts new large slab limestone and 10" wide European white oak flooring, modern light fixtures, and updated systems like a tankless water heater and premium audio/security. All components are virtually new, meeting current quality standards with no deferred maintenance, aligning perfectly with an 'excellent' condition rating.
Pros & Cons

Pros

Extensive High-End Renovation: The home has been extensively renovated to the highest standards with no expense spared, featuring premium materials like large slab limestone floors, European white oak flooring, and custom cabinetry throughout.
Gourmet Chef's Kitchen: A 'show-stopping' chef’s kitchen boasts Calcutta Borghini marble counters, a center island, Wolf appliances, custom solid flat sawn white oak cabinetry, and Zellige tiles, appealing to culinary enthusiasts.
Luxurious Primary Suite & Spa-like Baths: The private primary suite offers stunning views, a two-sided fireplace, and a spa-like bath with a soaking tub and large walk-in shower, complemented by refined, high-end materials in all bathrooms.
Resort-Style Backyard Oasis: The backyard is a true entertainer's paradise with a pool, spa, fire-pit, BBQ area with a pizza oven, cozy dining space, and lush, sophisticated landscaping, perfect for indoor-outdoor living.
Prime Guard-Gated Community Location: Located in the prestigious guard-gated community of The Ridge in Calabasas, near the end of a cul-de-sac, providing enhanced security, privacy, and a desirable address.

Cons

Recent Price Reductions: The property has undergone multiple price reductions since its initial listing, which could indicate market resistance or an initial overestimation of its value.
High Monthly Association Fees: A significant monthly association fee of $684.00 adds a substantial recurring cost to homeownership, which potential buyers must factor into their budget.
Moderate Lot Size for Luxury Segment: While well-appointed, the 10,245 sqft lot size might be considered moderate for a luxury property in Calabasas, potentially offering less expansive open green space compared to some competitors.

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