
Calabasas, California 91302
This Value-Add Residential Project is listed at $1,395,000, representing a location-based premium over the $1,079,014 Fair Market Value. With a Condition Rating of 5, the residence requires significant updating to capitalize on its architectural potential and vaulted ceilings. The property’s primary value lies in its 11,154 sqft Spacious Corner Lot, offering Wooded Views and privacy within the prestigious Las Virgenes School District. This acquisition is best suited for Contractors or Owner-Occupants seeking a custom renovation project in the exclusive Monte Nido enclave.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 25614 Timpangos Drive Subject | $1,395,000* List Price | 3 | 2 | 1,892 | $570 | - |
A 828 Wonder View Drive Sold | $1,250,000 | 3 | 3 | 2,200 | $568 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1975 and explicitly described as 'in need of updating,' the property shows significant age-related wear. The kitchen features original worn cabinetry and dated appliances, while the bathrooms and overall interior finishes appear to be 30-50 years old, necessitating a comprehensive rehab.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 11154, living area = 1892.
Situated in the exclusive Monte Nido community between Malibu and Calabasas, the property offers access to the highly-rated Las Virgenes School District and a unique, wooded neighborhood atmosphere.
The expansive 11,154 sqft corner-to-corner lot provides ample outdoor space, including fenced play areas and a wooded setting that ensures privacy and a serene environment.
The residence is explicitly noted as needing updates throughout, which will require the buyer to invest additional capital and time into renovations to reach its full potential.
The current configuration involves a temporary conversion of the living room into a bedroom and nursery, which may require reconfiguration to restore the home's original flow and formal living space.
Cozy Corner lot - corner to corner. Wonderful wooded lot with single story warm home. Vaulted ceilings. 3 dedicated fenced areas for children's play, canine fun and safety. Sliders off family room for inside/outside activities in fully enclosed west yard. Majestic oaks for shade and historic beauty. Breakfast bar open to family room with fireplace. Formal entry. Former large living room has been temporarily converted to bedroom plus nursery. (4th). Full laundry room off kitchen backing up to main bedroom bath for easy ensuite expansion. Office space is attached to the primary suite with it's high ceilings and direct access to another flat patio. Lots of parking and lawn area off the street. Residence is in need of updating. Monte Nido is an eclectic and close in community, adjacent to both Malibu and Calabasas/Agoura and 101 Fwy. Annual 4th of July festival is legendary. Exceptional school district. Bring your dreams and make it your own.
No exterior & parking available.
Grades K-5 • 5.5 mi
Grades 6-8 • 3.6 mi
Grades 9-12 • 5.1 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 4.0 |
| Baths | 2.0 | 4.0 |
| Square foot | 1,892 | 3,125 |
| Lot Size | 11,154 | 11,864 |
| Price | $1.40M | $1.98M |
| Price per sq ft | $737 | $716 |
| Built year | 1975 | 1991 |
| HOA | $0 | $362 |
| Days on market | 183 | 56 |
Jan 20, 2026
$1,395,000
Initial Listing
May 29, 1996
$2,500
Public Record
May 28, 1996
$2,500
Public Record