24343 Park Granada, Calabasas, California 91302, Calabasas, 91302 - 4 bed, 4 bath

24343 Park Granada, Calabasas, California 91302 home-pic-0
ACTIVE$3,499,000
24343 Park Granada, Calabasas, California 91302
4Beds
4Baths
4,228Sqft
8,598Lot
Year Built
1987
Close
-
List price
$3.5M
Original List price
$3.5M
Price/Sqft
$828
HOA
$350
Days on market
-
Sold On
-
MLS number
SR25042389
Home ConditionFair
Features
Good View: Mountain(s)
Pool
Spa
Patio
ViewMountain(s)

About this home

Possibly Over-Priced:The estimated price is 41% below the list price. We found 3 Cons,5 Pros. Rank: price - $3.50M(74th), sqft - 4228(73th), beds - 4(50th), baths - 4(50th).

This stunning 4-bedroom home with over 4,200sq. ft. embodies the elegance and charm of Santa Barbara style living, where timeless architecture meets modern luxury. Thoughtfully designed with graceful archways, warm stucco exteriors, and classic red-tiled roofing, this home captures the essence of coastal California sophistication. Inside, an expansive light-filled floor plan welcomes you with high ceilings and seamless indoor-outdoor flow. The gourmet kitchen complete with stainless appliances, a large center island, and ample storage flows seamlessly into the expansive family room with a custom wet bar, perfect for entertaining. The formal living and dining rooms offer generous space for gatherings, with the living room highlighted by a classic architectural fireplace. The home includes one bedroom downstairs, ideal for guests or multigenerational living. Upstairs, the fabulous primary suite offers a spa-like en-suite bath, a stunning dual-view corner fireplace, and an outdoor patio with stunning views. Outside, the resort-style backyard is a true oasis, featuring a pool, Jacuzzi, built-in barbecue, and a lush grassy area, all set against a stunning backdrop of rolling hills and open skies perfect for relaxation and effortless entertaining. Blending classic Montecito elegance with contemporary comfort, this exceptional home is a rare find.

Nearby schools

6/10
Bay Laurel Elementary School
Public,K-50.7mi
7/10
Alice C. Stelle Middle School
Public,6-82.4mi
8/10
Calabasas High School
Public,9-122.0mi
Condition Rating
Fair

Built in 1987, this property is well-maintained but shows signs of age in key areas. While the kitchen features modern stainless steel appliances and recessed lighting, the terracotta flooring and perimeter countertops appear dated. The bathrooms are notably outdated with tiled countertops, integrated sinks, and older light fixtures, suggesting they have not been extensively renovated in the last 15-30 years. The property is functional and move-in ready, but requires minor updates, especially in the bathrooms, to align with current styles and 'modern luxury' standards as described.
Pros & Cons

Pros

Santa Barbara Style Architecture: The home embodies the elegance and charm of Santa Barbara style, featuring graceful archways, warm stucco exteriors, and classic red-tiled roofing, offering a timeless and sophisticated aesthetic.
Expansive & Light-Filled Floor Plan: An expansive, light-filled floor plan with high ceilings and seamless indoor-outdoor flow creates an inviting and spacious living environment.
Gourmet Kitchen & Entertainment Features: The gourmet kitchen boasts stainless appliances, a large center island, and ample storage, flowing into an expansive family room with a custom wet bar, ideal for entertaining.
Resort-Style Backyard Oasis: The backyard is a true resort-style oasis, complete with a pool, Jacuzzi, built-in barbecue, and lush grassy area, all set against a backdrop of rolling hills for relaxation and entertaining.
Luxurious Primary Suite: The fabulous primary suite offers a spa-like en-suite bath, a stunning dual-view corner fireplace, and a private outdoor patio with stunning views, providing a luxurious retreat.

Cons

Significant Valuation Discrepancy: The property's list price of $3,499,000 is substantially higher than its estimated market value of approximately $2,043,240, indicating a potential overpricing of 41% compared to market data.
Age of Construction: Built in 1987, the property is over 35 years old. While described as having modern luxury elements, potential buyers may be concerned about the age of underlying systems (e.g., HVAC, plumbing, electrical) if not recently updated, which could lead to future maintenance costs.
Ongoing Association Fees: The property incurs a monthly association fee of $350, which adds to the recurring cost of homeownership and may deter buyers seeking properties without HOA obligations.

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