23684 Valley View Road, Calabasas, California 91302, Calabasas, 91302 - 4 bed, 3 bath

23684 Valley View Road, Calabasas, California 91302 home-pic-0
ACTIVE$1,299,000
23684 Valley View Road, Calabasas, California 91302
4Beds
3Baths
2,957Sqft
5,097Lot
Year Built
1991
Close
-
List price
$1.3M
Original List price
$1.3M
Price/Sqft
$439
HOA
-
Days on market
-
Sold On
-
MLS number
SR24218356
Home ConditionFair
Features
Good View: Neighborhood, Trees/Woods
Deck
Patio
ViewNeighborhood, Trees/Woods

About this home

Possibly Over-Priced:The estimated price is 22% below the list price. We found 3 Cons,5 Pros. Rank: price - $1.30M(11th), sqft - 2957(48th), beds - 4(50th), baths - 3(48th).

HUGE PRICE REDUCTION! This spacious home is nestled in the serene Calabasas Highlands has 4-bedroom, 3.5-bathrooms, and offers stunning sunsets, with treetop and neighborhood views. The design includes vaulted ceilings and a bright, open-concept living room with three fireplaces, perfect for cozy evenings.The gourmet kitchen features a center island and beautiful, rich granite countertops, adjacent to a dining area with a wet bar that’s ideal for entertaining, along with an outdoor deck just off the kitchen, shaded by trees—a perfect spot for outdoor meals or hosting gatherings. The expansive master suite includes, a cozy fireplace, balcony with neighborhood views, a sitting area as large as a typical bedroom, walk-in closet, bathroom with a jacuzzi tub, separate shower, and dual vanities. Additional highlights include a laundry room conveniently located near the breakfast nook, direct access to a two-car garage with shelving and an automatic door, and a large pantry/storage room that can double as a wine cellar. The home also comes with a ready-to-activate security system. Outdoor enthusiasts will appreciate the large outdoor patio area for dining and entertaining. Located in the highly desirable Las Virgenes School District and just minutes from Viewpoint Private School, The Commons, Highlands Park playground, local hiking trails, and easy access to Malibu’s beaches via a scenic drive through the hills. This is a fantastic opportunity to own a beautiful home in a sought-after community.

Nearby schools

8/10
Chaparral Elementary School
Public,K-51.7mi
7/10
Alice C. Stelle Middle School
Public,6-82.0mi
8/10
Calabasas High School
Public,9-121.4mi
Condition Rating
Fair

Built in 1991, this home is well-maintained but shows signs of being outdated in key areas. The kitchen features dark wood cabinets and granite countertops, which, while functional, reflect a style from 15-25 years ago rather than a recent renovation. Similarly, the bathrooms, including the master with its jacuzzi tub and dual vanities, are clean and in good condition but feature similar dated cabinet styles and tile work. The flooring is a mix of carpet and tile, without evidence of modern updates like hardwood or luxury vinyl plank throughout. While move-in ready, the property would benefit from cosmetic updates to align with current design trends.
Pros & Cons

Pros

Prime Location & School District: Located in the serene Calabasas Highlands, this property benefits from the highly desirable Las Virgenes School District and convenient access to local amenities like The Commons, parks, hiking trails, and Malibu beaches.
Spacious & Functional Interior: The home offers a generous 4-bedroom, 3.5-bathroom layout with vaulted ceilings, a bright open-concept living room, and three fireplaces, providing ample space and a comfortable living environment.
Enhanced Entertainment Features: Designed for entertaining, the property includes a gourmet kitchen with a center island, a dining area with a wet bar, and multiple outdoor spaces such as a shaded deck and a large patio for gatherings.
Luxurious Master Suite: The expansive master suite is a significant highlight, featuring a cozy fireplace, a private balcony with neighborhood views, a sitting area, a walk-in closet, and a spa-like bathroom with a jacuzzi tub, separate shower, and dual vanities.
Scenic Views & Outdoor Appeal: Residents can enjoy stunning sunset, treetop, and neighborhood views from various points, complemented by serene outdoor areas perfect for relaxation and enjoying the natural surroundings.

Cons

Significant Overpricing & Market Resistance: The current list price is substantially higher than the estimated property value (estimation ratio -22) and has already undergone a 'HUGE PRICE REDUCTION' after an extended period on the market, indicating potential overpricing and buyer resistance.
Age and Potential for Updates: Built in 1991, the home is over three decades old. While some features are highlighted, other areas may require modernization to align with contemporary buyer preferences and compete effectively with newer constructions.
Limited Lot Size: With a lot size of 5,097 sqft, the property offers relatively limited outdoor space compared to other homes in Calabasas, which might be a drawback for buyers seeking larger private grounds or extensive landscaping opportunities.

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