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2470 Stokes Canyon Road, Calabasas, California 91302, Calabasas, 91302 - 4 bed, 4 bath

2470 Stokes Canyon Road, Calabasas, California 91302 home-pic-0
ACTIVE$1,995,000
2470 Stokes Canyon Road, Calabasas, California 91302
4Beds
4Baths
Sqft
105,981Lot
Year Built
Close
-
List price
$2M
Original List price
$2M
Price/Sqft
$0
HOA
-
Days on market
-
Sold On
-
MLS number
25574061
Home ConditionTear down
Features
Excellent View: Canyon, Mountain(s), Valley, Trees/Woods
ViewCanyon, Mountain(s), Valley, Trees/Woods

About this home

We found 3 Cons,5 Pros. Rank: price - $2.00M(51th), sqft - 0(1th), beds - 4(50th), baths - 4(50th).

Tucked along Stokes Canyon Road, this gated ranch property features two dwellings, a workshop barn, and is accessed via a private bridge leading to a serene 1.25 Acre lot with mature oak trees - a unique Calabasas opportunity. The 4-bedroom, 3.5-bathroom main house has been partially demolished and requires restoration work to restore. There are two detached guest cottages, along with a 4-car garage and large metal workshop / barn. The property comes with adjoining 1.19 Acre lot, allowing adequate space for additional dwellings, a pool or tennis court. This property will appeal to the country living equestrian buyer, who appreciates the outdoors and peaceful tranquility of the serene Calabasas mountains.

Price History

Date
Event
Price
08/04/25
$1,995,000
Condition Rating
Tear down
The MLS description explicitly states that the 4-bedroom, 3.5-bathroom main house has been 'partially demolished and requires restoration work to restore.' This condition renders the primary dwelling unlivable in its current state. While 'restoration' is mentioned, the extent of 'partially demolished' suggests the structure is severely compromised, making its value primarily based on the large land parcel and its potential for redevelopment, aligning with the 'tear-down' criteria. The provided images are aerial views and do not offer any interior details of the kitchen or bathrooms, but given the 'partially demolished' status, any existing interior components would be in a state of severe disrepair or non-existent.
Pros & Cons

Pros

Expansive & Private Acreage: The property boasts a serene 1.25-acre lot with mature oak trees, plus an adjoining 1.19-acre lot, totaling over 2.4 acres, accessed via a private bridge and gated entry, ensuring significant privacy and space.
Versatile Structures & Development Potential: Includes two dwellings (main house and two detached guest cottages), a 4-car garage, and a large metal workshop/barn, with ample space on the additional lot for future development like more dwellings, a pool, or a tennis court.
Unique Equestrian/Country Living Appeal: Specifically caters to a 'country living equestrian buyer' who appreciates the outdoors and the peaceful tranquility of the serene Calabasas mountains, tapping into a strong niche market.
Scenic Views & Natural Setting: Offers picturesque views of the Canyon, Mountains, Valley, and Trees/Woods, enhancing the tranquil and outdoor-oriented lifestyle.
Value-Add Opportunity: Despite the main house's condition, it presents a significant opportunity for a buyer to restore and customize, potentially adding substantial value upon completion.

Cons

Significant Restoration Required: The main house has been partially demolished and requires extensive restoration work, indicating a substantial financial and time commitment for the buyer.
Niche Market Limitation: While appealing to a specific buyer, the property's unique 'country living equestrian' focus may limit the overall pool of potential buyers, potentially extending market time.
Substantial Upfront Investment: Buyers must be prepared for significant costs immediately after purchase for the necessary restoration work, beyond the initial acquisition price.

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