26763 Mulholland, Calabasas, California 91302, Calabasas, 91302 - 5 bed, 7 bath
26763 Mulholland
Calabasas, California 91302
Property Price
SUMMARY
Analysis of 26763 Mulholland, Calabasas, California 91302 is currently available with a list price of $3,195,000. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. 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 both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Condition Analysis
OVERALL CONDITION SCORE
Property is moderate renovation needed.
Built in 1989, this property is well-maintained but shows its age through significantly dated interior finishes. The kitchen features original-style light wood cabinetry, tiled countertops, and older appliances. Bathrooms also exhibit very dated styles, including tiled countertops, gold-tone shower enclosures, and pink accent tiles, all consistent with the original build era. While functional, these key areas require substantial updates to meet current aesthetic and quality standards, aligning with a 'fair' condition rating where major components are functional but show signs of being outdated and require minor to significant updates.
PROSSTRENGTHS & OPPORTUNITIES
- High Available Lot Utilization
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 151456, living area = 5523.
- Panoramic Views
The property boasts abundant panoramic views of canyons, mountains, pool, pasture, and valley from virtually every room, significantly enhancing its appeal and value.
- Expansive Indoor/Outdoor Living
Designed for the Southern California lifestyle, the home offers approximately 7000 sqft of combined indoor/outdoor living space, including covered patios, balconies, and a lanai.
CONSRISKS & DEFICIENCIES
- Age and Potential for Updates
Built in 1989 and described as a 'one owner home,' the property may feature original systems and finishes that could require significant investment to modernize to current luxury standards.
- High Monthly Association Fee
A substantial monthly association fee of $607 adds a considerable recurring cost to the overall ownership expenses.
- Extended Market Time
Listed since May 2021 and currently 'Active Under Contract' (as of August 2024), the prolonged market presence suggests potential challenges with pricing, condition, or buyer interest.
About 26763 Mulholland
Authentic Southern California Lifestyle! Must see and walk this property designed specifically for indoor/outdoor living! Prestigious driveway up through the property. Custom built one owner home boasts approx 7000sf of indoor/outdoor living (5523 interior sf) with covered patios, balconies & lanai to enjoy the Malibu Valley climate. Panoramic views abundant from virtually every room on this premium lot within the Gated Community of Malibu Valley Estates. 5 bedrooms including 2 bedroom (1 en suite bath) attached guest unit with 2 bathrooms, kitchen, living room/fireplace and patio. Master Retreat with expansive tub, shower, dual sinks, dual walk in closets and dry spa. Private patio & direct access to pool courtyard. Two downstairs bedrooms. Formal dining, breakfast nook & patio. Separate, cozy family and living rooms each with fireplace. Vaulted, beamed ceilings to capture forever views from wherever you choose to entertain on main level of this spacious, 4-fireplace home & wrap around lanai. 4 car garage with storage, 3 level elevator. Resort like wet bar, pass through window to courtyard pool and elevated spa. Tranquil, country feel only minutes to all essentials. Top rated schools & equestrian center nearby. Desirable space for a family to live, work and play & have privacy within home due to well thought out floorplan. 3+ acres on two parcels.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1989
- Lot Size
- 151,456 Sq. Ft.
Interior
- Total Bedrooms
- 5
- Total Bathrooms
- 7 (7 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $607.0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 4.0 | 66% |
| Baths | 7.0 | 4.0 | 86% |
| Square foot | 5,523 | 3,056 | 83% |
| Lot Size | 151,456 | 12,218.5 | 92% |
| Price | $3.19M | $1.98M | 73% |
| Price per sq ft | $578 | $697 | 30% |
| Built year | 1989 | 1988 | 56% |
| HOA | $607.0 | $202 | 94% |
| Days on market | 1768 | 188 | 0% |
Pricing History
No pricing history data available.