24962 Eldorado Meadow Road, Hidden Hills, California 91302, Hidden Hills, 91302 - 5 bed, 3 bath
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Hidden Hills, California 91302
This property presents a High-Potential Investment Opportunity with a List Price of $3,900,000—positioned well below the $3,614,220 Fair Market Value by -7%. While the Condition Rating of 6 indicates the structure is at the end of its functional life, the 1.6-acre double lot offers prime development potential for a custom luxury estate. Featuring unobstructed canyon views and access to top-rated schools like Oak Park High, this asset is an ideal acquisition for Luxury Developers or High-Net-Worth End-Users seeking a premier Hidden Hills location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 24962 Eldorado Meadow Road Subject | $3,900,000* List Price | 5 | 3 | 3,196 | $1,131 | - |
A 6006 Clear Valley Road Sold | $4,059,000 | 5 | 6 | 4,237 | $958 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is land value only, full reconstruction required.
Built in 1956 (68 years old) with no mention of renovations, the property is explicitly marketed as a 'development opportunity' focusing on land value and views. Interior photos reveal dated finishes such as popcorn ceilings and old carpeting, indicating the structure is likely at the end of its functional life for this high-end market.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 67933, living area = 3196.
High School: Oak Park High School (10/10).
Situated on a rare 1.6-acre double lot, this property offers a significant opportunity to build a custom luxury estate in one of Southern California's most prestigious guard-gated communities.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 5, other record bedroom count = 3.
Built in 1956, the current 3,196-square-foot residence likely requires extensive renovation or a complete teardown to meet modern luxury standards, adding to the total investment cost.
With a list price of $3.9 million, the property represents a high-capital entry point primarily for its land value, which may limit the pool of buyers to developers or high-net-worth end-users.
BREATHTAKING PASTORAL VIEWS. Fantastic development opportunity at the top of Eldorado Meadow Rd in the exclusive guard gated community of Hidden Hills. This unique opportunity offers a true sense of tranquility and privacy with sensational unobstructed views of the Upper Las Virgenes Canyon Open Space Preserve and the hills. This double lot estate property totals apx 1.6 acres. The existing home includes 4 bedrooms, 3 bathrooms, 3196 Sqft. A rare chance to develop one of the best lots in Hidden Hills.
No exterior & parking available.
Grades K-5 • 1.3 mi
Grades 6-8 • 3.3 mi
Grades 9-12 • 3.5 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 5.0 | 5.0 |
| Baths | 3.0 | 5.5 |
| Square foot | 3,196 | 3,722.5 |
| Lot Size | 67,933 | 78,602 |
| Price | $3.90M | $5.46M |
| Price per sq ft | $1.2K | $1.2K |
| Built year | 1956 | 1957 |
| HOA | $0 | $19.4K |
| Days on market | 29 | 222 |
Jun 23, 2026
$3,900,000
Initial Listing