2470 Stokes Canyon Road, Calabasas, California 91302, Calabasas, 91302 - 4 bed, 4 bath
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Calabasas, California 91302
Analysis of 2470 Stokes Canyon Road, Calabasas, California 91302 is currently available with a list price of $1,995,000. The property maintains a Tear down Condition Rating (10/100), reflecting significant deferred maintenance. This property is best suited for experienced investors or developers prepared for substantial renovation work. 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 Experienced Investors and Fix-and-Flip Specialists.
Property is land value only, full reconstruction required.
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.
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.
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.
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.
The main house has been partially demolished and requires extensive restoration work, indicating a substantial financial and time commitment for the buyer.
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.
Buyers must be prepared for significant costs immediately after purchase for the necessary restoration work, beyond the initial acquisition price.
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.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 4.0 | 50% |
| Baths | 4.0 | 4.0 | 50% |
| Square foot | 3,364 | 2,924.5 | 62% |
| Lot Size | 105,981 | 12,308.5 | 92% |
| Price | $2.00M | $1.97M | 52% |
| Price per sq ft | $593 | $712 | 27% |
| Built year | 0 | 1987 | 3% |
| HOA | $0 | $202 | 42% |
| Days on market | 261 | 196 | 81% |
Aug 4, 2025
$1,995,000
Initial Listing
May 1, 2018
$2,200,000
Public Record