23671 Aster Trail, Calabasas, California 91302, Calabasas, 91302 - 2 bed, 2 bath

23671 Aster Trail
Calabasas, California 91302
Property Price
SUMMARY
Analysis of 23671 Aster Trail, Calabasas, California 91302 is currently available with a list price of $1,149,000. The property maintains a Tear down Condition Rating (10/100), reflecting significant deferred maintenance. This property is best suited for experienced investors or developers prepared for substantial renovation work. 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 Experienced Investors and Fix-and-Flip Specialists.
Condition Analysis
OVERALL CONDITION SCORE
Property is land value only, full reconstruction required.
Built in 1933, this property is 91 years old with no indication of major renovations in the past 50 years. The listing description explicitly states the existing home is 'in need of love and attention' and is an 'ideal project for those eager to restore and customize,' heavily implying significant issues. The marketing focuses on the land's potential for redevelopment and new construction, targeting 'discerning builders, contractors,' rather than the existing structure. The absence of interior photos further suggests the home is not in a presentable or livable condition, making its value primarily in the land.
PROSSTRENGTHS & OPPORTUNITIES
- Development Potential
This expansive offering includes multiple parcels, providing a remarkable canvas for building a dream home or developing additional residences, ideal for discerning builders and contractors.
- Prime Location & Setting
Nestled in the coveted Calabasas Highlands among majestic oak and pine trees, the property offers a secluded, tranquil countryside retreat with convenient access to city amenities, shopping, dining, and proximity to the ocean.
- Breathtaking Views
The property boasts breathtaking views of city lights, mountains, and valleys, enhancing its appeal and providing a serene backdrop.
CONSRISKS & DEFICIENCIES
- Condition of Existing Home
The current 1933-built home is explicitly stated to be 'in need of love and attention,' requiring significant renovation or a complete tear-down, which adds to the project's scope and cost.
- Development Complexity
Realizing the full development potential, such as constructing additional homes, is contingent upon obtaining 'proper Calabasas city approvals,' which can be a lengthy and uncertain process.
- Age of Property
Built in 1933, the existing structure is very old, likely implying outdated systems, potential for unforeseen structural issues, and higher renovation costs compared to newer properties.
About 23671 Aster Trail
Nestled among majestic oak and pine trees, this secluded property presents a remarkable canvas for your dream home—or homes. Experience the charm of the Calabasas Highlands and envision the limitless possibilities awaiting your creative touch. Conveniently located near the city yet offering the tranquility of a countryside retreat, this property also enjoys close proximity to the ocean as well as easy access to shopping, dining, and other urban amenities. The existing home, while full of potential, is in need of love and attention—making it an ideal project for those eager to restore and customize a property to their own exacting standards. Whether you choose to remodel this residence or explore the potential of the vacant lots included in this expansive offering, the opportunities are boundless. Surrounded by an enclave of multimillion-dollar residences, the parcels feature access from both Aster Trail and Valley View Rd., ensuring a combination of convenience and privacy. Ideal for discerning builders, contractors, or anyone aspiring to craft their vision of an exclusive Calabasas abode, this rare offering beckons with breathtaking views and unparalleled potential. Take advantage of the multiple lots and, with Calabasas city approvals, transform this space into your ultimate retreat—or consider the option to develop additional homes on select parcels. Included in the sale are the following parcels: 2072-015-007, 2072-015-014, 2072-015-015, 2072-015-016, 2072-015-017, and 2072-015-022, with the primary home situated on parcel 2072-015-007. The fourth picture shows an artist’s rendering illustrating, with proper city approvals, the possibility of constructing a couple of additional homes. Don’t miss this extraordinary opportunity to reside or build in one of the most coveted areas of Los Angeles County. Seize the chance to realize your vision amidst the beauty and prestige of the Calabasas Highlands.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1933
- Lot Size
- 22,000 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Calabasas Unified Schools
Chaparral Elementary School
Grades K-5 • 1.7 mi
Alice C. Stelle Middle School
Grades 6-8 • 2.0 mi
Calabasas High School
Grades 9-12 • 1.4 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 4.0 | 4% |
| Baths | 2.0 | 4.0 | 13% |
| Square foot | 1,287 | 3,002.5 | 2% |
| Lot Size | 22,000 | 12,218.5 | 72% |
| Price | $1.15M | $1.97M | 8% |
| Price per sq ft | $893 | $704 | 82% |
| Built year | 1933 | 1987 | 2% |
| HOA | $0 | $178 | 44% |
| Days on market | 765 | 188 | 0% |
Pricing History
Listed for Sale
Sep 4, 2025
$1,149,000
$1,199,000
-4% Price Drop
Initial Listing
Price Change
Aug 12, 2025
$1,199,000
Initial Listing
Price Change
Jan 31, 2024
$1,278,000
Initial Listing














