24049 Chestnut Way, Calabasas, California 91302, Calabasas, 91302 - 6 bed, 6 bath
Loading property details...
Calabasas, California 91302
This Newly Remodeled Luxury Estate is a Strong Value Opportunity, listed at $4,350,000—positioned well below the $4,595,396 Fair Market Value by 5%. This valuation gap provides $245,396 in Instant Equity for the buyer. Boasting a Condition Rating of 2, the residence features a designer kitchen with Subzero/Viking appliances, a private pool, and panoramic mountain views. Located in the prestigious Mountain Park guard-gated community near top-rated Las Virgenes schools, it balances elite lifestyle with financial upside. This is an ideal acquisition for Luxury Homebuyers or Owner-Occupants seeking a turnkey sanctuary.
Property is new construction or fully renovated.
Although originally built in 1987, the property has undergone a comprehensive and meticulous recent renovation that brings it to current luxury standards. The interior features high-end wide-plank hardwood flooring, a designer kitchen equipped with top-tier Subzero and Viking appliances, and completely modernized bathrooms with contemporary fixtures and glass-enclosed showers. The presence of recessed lighting, updated fireplaces, and pristine landscaping with a private pool and putting green confirms that all major components are virtually new with no deferred maintenance.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 30494, living area = 5328.
Situated in the exclusive Mountain Park community of Calabasas, this property offers elite security, privacy, and access to premium amenities like tennis and pickleball courts.
The residence has been meticulously updated with high-end finishes and professional-grade appliances, including Subzero and Viking, providing a modern, move-in-ready experience.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 5328, other record living area = 4761.
The monthly association fee of $617 represents a significant ongoing carrying cost in addition to the premium property taxes associated with the $4.35M price point.
While the interior is newly remodeled, the 1987 original construction may still possess some architectural or structural characteristics of that period compared to contemporary new builds.
Step into luxury with this stunning 6 bedroom, 5.5 bathroom Traditional haven located within the prestigious guard-gated community of Mountain Park. Newly and meticulously remodeled to perfection, this residence boasts a light-filled living room, accompanied by a cozy den complete with a full wet bar and fireplace - an entertainer's dream. Eat-in kitchen with top-of-the-line stainless steel appliances including Subzero refrigeration and Viking range. Relish in the breathtaking views of both the city skyline and majestic mountains from the large primary bedroom with spacious walk-in closet. Unwind in the serene ambiance of your private pool and spa, or take advantage of the community's tennis and pickleball courts for an active lifestyle. The sprawling community features a vast park, offering ample space for outdoor activities and mesmerizing sunsets. Golf enthusiasts will delight in the included putting green. Indulge in the pinnacle of upscale living, where every detail has been thoughtfully designed for your comfort and enjoyment.
No exterior & parking available.
Grades K-5 • 2.2 mi
Grades 6-8 • 2.4 mi
Grades 9-12 • 1.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 6.0 | 4.0 | 85% |
| Baths | 6.0 | 4.0 | 75% |
| Square foot | 5,328 | 2,924.5 | 83% |
| Lot Size | 30,494 | 12,308.5 | 76% |
| Price | $4.35M | $1.97M | 84% |
| Price per sq ft | $816 | $715 | 73% |
| Built year | 1987 | 1987 | 50% |
| HOA | $617.0 | $208 | 96% |
| Days on market | 12 | 195 | 2% |
Apr 10, 2026
$4,350,000
Initial Listing
Nov 25, 2020
$1,985,000
Public Record
Mar 26, 2004
$1,300,000
Public Record