
Calabasas, California 91302
This Rare Value-Add Estate in the prestigious Mountain View Estates is listed at $3,599,000, positioned near its $3,467,953 Fair Market Value. Marketed as an investor opportunity, the property holds a Fair Condition Rating due to its original 1990s finishes, presenting a clear path for forced appreciation through modernization. The massive 6,610 sqft Plan 6 layout offers six en-suite bedrooms and a resort-style backyard with a pool and spa. Located in the top-tier Las Virgenes School District, this asset is an ideal acquisition for Fix-and-Flip Investors or Owner-Occupants.
Property is moderate renovation needed.
Built in 1993 and marketed as an 'investor opportunity,' the property is largely in its original condition. While the home is spacious and functional, the kitchen and bathrooms feature dated 1990s styling, including older cabinetry and appliances. It meets the criteria for 'fair' as it has been maintained but requires cosmetic updates and modernization to meet current luxury market standards.
High School: Oak Park High School (10/10).
Located in the highly sought-after Mountain View Estates, this property offers exclusivity and security within one of Calabasas's most prestigious and desirable neighborhoods.
The rare expanded Plan 6 model features over 6,600 square feet of living space with six spacious en-suite bedrooms, providing exceptional privacy and functionality for large families or guests.
Marketed as an 'investor opportunity,' the home likely requires significant cosmetic or structural updates to meet modern luxury standards, necessitating additional capital investment.
With a large 1990s-era footprint, extensive pool facilities, and a $595 monthly HOA fee, the property carries substantial ongoing maintenance and operational expenses.
Investor opportunity in sought-after Mountain View Estates! Rare expanded Plan 6 featuring six spacious en-suite bedrooms and a resort-style backyard with pool, spa, covered patio, grassy area, and built-in BBQ. Subject to short sale approval! Sold in AS-IS condition no repairs will be done
No exterior & parking available.
Grades K-5 • 0.8 mi
Grades K-5 • 1.2 mi
Grades 6-8 • 2.1 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 6.0 | 4.0 | 85% |
| Baths | 7.0 | 4.0 | 87% |
| Square foot | 6,610 | 2,924.5 | 90% |
| Lot Size | 17,375 | 12,308.5 | 61% |
| Price | $3.00M | $1.97M | 68% |
| Price per sq ft | $454 | $712 | 5% |
| Built year | 1993 | 1988 | 68% |
| HOA | $595.0 | $208 | 92% |
| Days on market | 62 | 195 | 11% |
Mar 19, 2026
$3,000,000
$3,599,000
-17% Price Drop
Initial Listing
Feb 19, 2026
$3,599,000
Initial Listing