23815 Park Belmonte, Calabasas, California 91302, Calabasas, 91302 - 6 bed, 6 bath

23815 Park Belmonte, Calabasas, California 91302 home-pic-0
ACTIVE$4,195,000
23815 Park Belmonte, Calabasas, California 91302
6Beds
6Baths
5,535Sqft
32,827Lot
Year Built
1970
Close
-
List price
$4.2M
Original List price
$4.5M
Price/Sqft
$758
HOA
$364.9
Days on market
-
Sold On
-
MLS number
SR25059560
Home ConditionGood
Features
Excellent View: City Lights, Mountain(s), Panoramic
Pool
Spa
Patio
ViewCity Lights,Mountain(s),Panoramic

About this home

Possibly Over-Priced:The estimated price is 32% below the list price. We found 3 Cons,6 Pros. Rank: price - $4.20M(84th), sqft - 5535(84th), beds - 6(90th), baths - 6(78th).

A very rare find! First time on the market in 24 years, this privately gated, nicely upgraded one-story home features panoramic views and a big private lot. Amenities include a spacious chef's kitchen with two islands, freestanding Viking Range and a sunny breakfast room, plus a large great room with vaulted, open beam ceilings, stone fireplace, & walls of glass capturing the expansive views, with an adjoining, open dining room for casual entertaining, and two private offices. The big primary suite includes a fireplace, stone bath with walk-in shower & soaking tub, dual vanities, and a large walk-in closet. There is also an adjoining room (second office) that could be an additional large walk-in closet if desired. Additional amenities include wood floors, stone countertops and big picture windows that fill the home with natural light. The lushly landscaped grounds include a superb, just remodeled, infinity edge swimmers pool with spa, two covered patios, full barbecue center with refrigerator, stone countertops & seating, outdoor fireplace, and beautiful mature oak trees. With a prime location near several public and private schools, just minutes from Calabasas Park Lake, and The Commons shopping center, this custom home has much to offer.

Nearby schools

6/10
Bay Laurel Elementary School
Public,K-50.6mi
7/10
Alice C. Stelle Middle School
Public,6-81.8mi
8/10
Calabasas High School
Public,9-121.4mi
Condition Rating
Good

The property, built in 1970, has been extensively upgraded and is move-in ready. The description highlights a 'spacious chef's kitchen with two islands, freestanding Viking Range, and stone countertops,' indicating high-quality appliances and finishes. The primary bathroom features a 'stone bath with walk-in shower & soaking tub, dual vanities,' which appears well-maintained and functional from the images, though the style suggests a renovation that might be 10-15 years old rather than brand new. Wood floors are present throughout, and the outdoor infinity-edge pool was 'just remodeled,' indicating recent significant investment. While not every component appears 'virtually new' to meet the 'Excellent' criteria, the overall condition, quality of materials, and recent major updates (like the pool) place it firmly in the 'Good' category, requiring no immediate renovations.
Pros & Cons

Pros

High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 32827, living area = 5535.
Panoramic Views: The property offers breathtaking panoramic views of city lights and mountains, significantly enhancing its appeal and value.
Luxurious Outdoor Living: Features a superb, newly remodeled infinity-edge pool with spa, two covered patios, a full barbecue center, and an outdoor fireplace, ideal for entertaining.
Gourmet Chef's Kitchen: Equipped with a spacious chef's kitchen, two islands, a freestanding Viking Range, and stone countertops, offering high-end functionality and design.
Prime Gated Location: Situated in a privately gated community in a prime Calabasas location, offering exclusivity, security, and convenient access to top schools and amenities.
Dedicated Home Offices: Includes two dedicated private offices, providing essential and flexible workspaces highly desirable in today's market.

Cons

Significant Price Discrepancy: The current listing price is substantially higher than the estimated property value, potentially indicating an overvaluation or a challenge for financing.
Property Age: Built in 1970, the property's age, despite upgrades, may raise concerns about underlying infrastructure or potential for future maintenance compared to newer constructions.
Monthly Association Fees: The property incurs a monthly association fee of $364.9, which is an additional ongoing cost for homeowners.

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