
Calabasas, California 91302
This Expansive Calabasas Estate is listed at $2,995,000, aligning perfectly with its $2,995,000 Fair Market Value. Set on over 2 acres of lush grounds featuring a sparkling pool and canyon views, the property holds a Well-Maintained Condition Rating despite having dated interiors. This presents a strategic opportunity to modernize the 4,306 sqft residence to contemporary luxury standards, driving significant future appreciation. Located in a prestigious enclave, it offers a rare blend of privacy and value-add potential. This is an ideal acquisition for Owner-Occupants seeking a custom sanctuary or Value-Add Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 24753 Mulholland Highway Subject | $2,995,000* List Price | 4 | 4 | 4,306 | $696 | - |
A 25090 Mulholland Highway Active | $3,650,000 List Price | 4 | 5 | 4,132 | $883 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1964, this property shows signs of being well-maintained but has interiors that are largely dated. The kitchen features light wood cabinets and speckled granite countertops, suggesting a renovation approximately 15-25 years ago, which is no longer current for a luxury estate. While one bathroom appears more recently updated with a freestanding tub and subway tile shower, other areas like the fireplace with green tile and a basic pedestal sink in a half bath indicate a mix of older and moderately updated components. The property is functional and clean, but significant aesthetic updates would be required to align with contemporary luxury standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 97241, living area = 4306.
Set on over 2 acres (97,241 sqft) of lush, landscaped grounds, the property offers exceptional privacy, space, and potential for further customization.
Located in Calabasas, a highly desirable and affluent area known for its luxury estates and exclusive community.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =97241, other record lot size in square feet = 97026. Living area discrepancy between mls listing and other public or private record. mls listing living area = 4306, other record living area = 3546.
Built in 1964, the property may have original systems or architectural styles that could require significant updates to meet contemporary luxury standards, despite being 'beautifully maintained'.
The nearly $3 million list price targets a very specific, limited buyer demographic, which could potentially extend the property's market time.
Stunning Calabasas Estate on over 2 Acres in Calabasas, this beautifully maintained estate offers the perfect blend of luxury, privacy, and space. Set on over 2 acres of lush, landscaped grounds with a dog run for the dog lovers the property features 4 spacious bedrooms and 4 elegant bathrooms, ideal for both comfortable living and stylish entertaining.Step outside to a serene oasis with a sparkling pool, surrounded by mature trees and manicured gardens that create a truly tranquil setting. Whether you're hosting gatherings or enjoying quiet mornings, the outdoor space offers endless possibilities.
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 | 4,306 | 2,924.5 | 69% |
| Lot Size | 97,241 | 12,308.5 | 92% |
| Price | $3.00M | $1.97M | 68% |
| Price per sq ft | $696 | $712 | 44% |
| Built year | 1964 | 1987 | 15% |
| HOA | $0 | $202 | 42% |
| Days on market | 148 | 196 | 36% |
Nov 25, 2025
$2,995,000
Initial Listing
Feb 28, 2005
$1,375,000
Public Record
Mar 14, 1996
$582,500
Public Record