2470 Stokes Canyon Road, Calabasas, California 91302, Calabasas, 91302 - 4 bed, 4 bath
2470 Stokes Canyon Road
Calabasas, California 91302
Property Price
SUMMARY
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.
Condition Analysis
OVERALL CONDITION SCORE
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.
PROSSTRENGTHS & OPPORTUNITIES
- 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.
CONSRISKS & DEFICIENCIES
- 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.
About 2470 Stokes Canyon Road
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.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- -
- Lot Size
- 105,981 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 4 (4 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 4.0 | 50% |
| Baths | 4.0 | 4.0 | 50% |
| Square foot | - | 3,002.5 | 1% |
| Lot Size | 105,981 | 12,218.5 | 91% |
| Price | $2.00M | $1.98M | 53% |
| Price per sq ft | $0 | $697 | 1% |
| Built year | - | 1987 | 2% |
| HOA | $0 | $178 | 44% |
| Days on market | 214 | 188 | 63% |
Pricing History
Listed for Sale
Aug 4, 2025
$1,995,000
Initial Listing