23924 Long Valley Road, Calabasas, California 91302, Hidden Hills, 91302 - 6 bed, 9 bath
23924 Long Valley Road
Calabasas, California 91302
Property Price
SUMMARY
Analysis of 23924 Long Valley Road, Calabasas, California 91302 reveals a property with a current list price of $16,995,000, which is 23% above the estimated $13,781,990 Fair Market Value. Buyers should carefully evaluate the pricing and consider negotiation opportunities. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. 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 both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 23924 Long Valley Road Subject | $16,995,000* List Price | 6 | 9 | 11,110 | $1,241 | - |
A 23615 Long Valley Road Active | $19,989,000 List Price | 8 | 10 | 12,780 | $1,564 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is new construction or fully renovated.
The property has undergone an extensive, high-end renovation within the last five years, featuring a modern chef's kitchen with a center island, all-stone bathrooms with heated floors, and a newly built guest house. The home is equipped with current quality standards including a voice-activated smart home system, owned solar power, a 48kW generator, and premium finishes throughout, showing no signs of deferred maintenance.
PROSSTRENGTHS & OPPORTUNITIES
- 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 = 49113, living area = 11110.
- Great Schools
High School: Oak Park High School (10/10).
- Exceptional Lot and Outdoor Amenities
The estate is situated on a rare, completely flat 1.13-acre lot in Hidden Hills, featuring a new guest house with a sauna, a sports court, and a comprehensive outdoor entertaining center with a pool and barbecue.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =49113, other record lot size in square feet = 48989. Living area discrepancy between mls listing and other public or private record. mls listing living area = 11110, other record living area = 9310. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 6, other record bedroom count = 7.
- Significant Price Appreciation
The current list price of nearly $17M reflects a massive increase from the 2021 sale price of $7.39M, which may invite scrutiny regarding the current market valuation despite the extensive upgrades.
- High Operational Overhead
The scale of the main residence combined with a guest house and expansive grounds suggests substantial ongoing costs for maintenance, utilities, and property management.
About 23924 Long Valley Road
This model sharp and highly upgraded estate residence, complete with a new guest house, is sited on a superb 1.13 acre completely flat lot! Beautifully finished throughout, the home features a sunny open floor plan with a gorgeous, center island chef's kitchen, big adjoining breakfast room, all wide open to the great room & lounge with wet bar & temperature controlled wine room, plus a custom study, home theater, and a superb primary suite with an all stone bath, steam shower, enormous, room sized closets and adjoining glam room. The expansive family room has sliding walls of glass that open to the big backyard, highlighted by a large covered entertaining patio with full barbecue center, a sparkling pool & spa, sports court, big lawn with fireplace & outdoor dining area, and a guest house complete with steam & sauna, all nestled amongst mature trees. Additional amenities include heated floors in all upstairs bathrooms, a voice activated smart home system, a central vacuum system, owned solar power system, whole house 48 kilowatt generator, and a four-car garage, complete with custom cabinetry and 220 volt wiring for electric car chargers.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 2008
- Lot Size
- 49,113 Sq. Ft.
Interior
- Total Bedrooms
- 6
- Total Bathrooms
- 9 (9 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0.25 / Month
Neighborhood Insights
Calabasas Unified Schools
Round Meadow Elementary School
Grades K-5 • 1.1 mi
Arthur E. Wright Middle School
Grades 6-8 • 3.6 mi
Calabasas High School
Grades 9-12 • 2.2 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 6.0 | 4.0 | 86% |
| Baths | 9.0 | 4.0 | 94% |
| Square foot | 11,110 | 3,056 | 97% |
| Lot Size | 49,113 | 12,218.5 | 82% |
| Price | $17.00M | $1.98M | 99% |
| Price per sq ft | $1.5K | $704 | 99% |
| Built year | 2008 | 1988 | 94% |
| HOA | $0.25 | $178 | 46% |
| Days on market | 8 | 187 | 3% |
Pricing History
Listed for Sale
Feb 26, 2026
$16,995,000
Initial Listing
Sold
Oct 5, 2021
$7,392,000
Public Record
Sold
May 15, 2012
$5,950,000
Public Record
Sold
Apr 29, 2010
$5,600,000
Public Record
Sold
Apr 16, 2008
$2,350,000
Public Record
Sold
Jul 17, 2007
$2,350,000
Public Record