24050 Hidden Ridge Road, Calabasas, California 91302, Calabasas, 91302 - 8 bed, 11 bath

24050 Hidden Ridge Road, Calabasas, California 91302 home-pic-0
ACTIVE$19,500,000
24050 Hidden Ridge Road, Calabasas, California 91302
8Beds
11Baths
16,112Sqft
87,992Lot

Price Vs. Estimate

The estimated value ($19,500,000) is $0 (0%) lower than the list price ($19,500,000). This property may be overpriced.

Key pros and cons

Top 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 = 87992, living area = 16112.
Top Cons:
Ultra-Luxury Price Point & Limited Buyer Pool: The $19.5 million asking price targets an extremely narrow demographic, potentially leading to extended market time.

Compared to the nearby listings

Price:$19.50M vs avg $1.98M (+$17,515,562.5)99%
Size:16,112 sqft vs avg 3,088.5 sqft99%
Price/sqft:$1.2K vs avg $70192%

More Insights

Built in 2023 (2 years old).
Condition: This property is a brand-new, custom-built estate completed in 2023, featuring meticulous design and construction over three years. All components are new, from the chef's kitchen with double islands and a separate prep kitchen (featuring high-end appliances like a Wolf range) to the luxurious ensuite bathrooms with steam showers and saunas. The property boasts modern, high-quality finishes throughout, including light wood flooring, contemporary light fixtures, and state-of-the-art systems, with no signs of wear or deferred maintenance. It perfectly aligns with the 'Excellent' criteria for a newly built property with all new components meeting current quality standards.
Year Built
2023
Close
-
List price
$19.5M
Original List price
$21M
Price/Sqft
$1,210
HOA
-
Days on market
-
Sold On
-
MLS number
25533039
Home ConditionExcellent
Features
Excellent View: Panoramic
Pool
Spa
Patio
ViewPanoramic

About this home

Sited at the end of one of Hidden Hills most coveted cul-de-sacs, this brand-new custom-built estate features 8 bedrooms, 12 bathrooms, with a private guesthouse on a rare, 2-acre view lot. Featuring sweeping views and meticulous craftsmanship, the home is a product of 3+ years of design and construction by one of the community's most prolific builders. It boasts a luminous open floor plan with soaring ceilings, grand scale, and unique design elements such as a commanding, floating, spiral staircase. Highlights include a chef's kitchen with double islands, an additional prep kitchen, and a sunlit breakfast room, flowing seamlessly into the spacious family room featuring open beamed ceilings, a stone fireplace, and walls of glass that open to a large, covered patio complete with a full outdoor kitchen. Additional luxury living spaces include a formal dining room with a glass-encased wine wall, custom-built office, bespoke home theater with acoustic paneling & back-lit coffered ceiling, plus an adjoining lounge/game room with a wet bar, and a resort-like gym/spa with a motorized opening wall, massage area, and luxurious bath with steam shower & sauna. Seven generous ensuite bedrooms complete the main residence, inclusive of the luxurious primary suite featuring wood-clad vaulted ceilings, a stone fireplace, dual bathrooms with skylights, dual boutique-style custom closets, and a large private patio perfect for enjoying the stunning sunset views. The resort-like backyard is a true entertainer's paradise featuring various grassy lawns, a zero-edge pool & spa with a large Baja shelf, plus mature and private landscaping. Perfect for an art lover or car collector, the home comes with dozens of trophy art walls, a motor court, and a well-appointed garage for 7 cars. This home epitomizes the pinnacle of luxury indoor-outdoor living in one of the most prestigious, guard-gated celebrity communities in Southern California.

Nearby schools

8/10
Round Meadow Elementary School
Public,K-50.9mi
7/10
Arthur E. Wright Middle School
Public,6-83.4mi
8/10
Calabasas High School
Public,9-122.2mi
10/10
Oak Park High School
Public,9-126.7mi
Condition Rating
Excellent

This property is a brand-new, custom-built estate completed in 2023, featuring meticulous design and construction over three years. All components are new, from the chef's kitchen with double islands and a separate prep kitchen (featuring high-end appliances like a Wolf range) to the luxurious ensuite bathrooms with steam showers and saunas. The property boasts modern, high-quality finishes throughout, including light wood flooring, contemporary light fixtures, and state-of-the-art systems, with no signs of wear or deferred maintenance. It perfectly aligns with the 'Excellent' criteria for a newly built property with all new components meeting current quality standards.
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 = 87992, living area = 16112.
Great Schools: High School: Oak Park High School (10/10).
Prime, Exclusive Location: Sited at the end of a coveted cul-de-sac within a prestigious, guard-gated Hidden Hills community, offering unparalleled privacy and security.
Brand-New, Custom-Built Luxury: A 2023 custom-built estate, meticulously designed and constructed over 3+ years by a renowned builder, ensuring modern perfection and superior craftsmanship.
Extensive High-End Amenities: Boasts a private guesthouse, gourmet chef's kitchen with prep kitchen, bespoke home theater, resort-like gym/spa (steam/sauna), glass-encased wine wall, and a 7-car garage/motor court.
Panoramic Views & Resort-Style Outdoor Living: Features sweeping panoramic views from a rare 2-acre lot, a zero-edge pool/spa, full outdoor kitchen, and mature landscaping, creating an ultimate entertainer's paradise.
Grand Scale & Sophisticated Design: Characterized by a luminous open floor plan, soaring ceilings, grand proportions, and unique architectural elements like a floating spiral staircase, embodying ultimate luxury.

Cons

Ultra-Luxury Price Point & Limited Buyer Pool: The $19.5 million asking price targets an extremely narrow demographic, potentially leading to extended market time.
Recent Price Reduction: A significant price drop from the original $20.995 million may suggest initial overpricing or market resistance, which could influence buyer perception.
High Ongoing Costs: As a large, custom-built estate in a prestigious community, prospective buyers face substantial annual property taxes, potential HOA fees, and significant maintenance expenses.

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