29338 Wagon Road, Agoura Hills, California 91301, Agoura Hills, 91301 - 5 bed, 5 bath

29338 Wagon Road, Agoura Hills, California 91301 home-pic-0
ACTIVE$2,980,000
29338 Wagon Road, Agoura Hills, California 91301
5Beds
5Baths
4,278Sqft
47,316Lot

Price Vs. Estimate

The estimated value ($3,099,900) is $119,900 (4%) higher than the list price ($2,980,000). This property may be underpriced.

Key pros and cons

Top Pros:
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 = 47316, living area = 4278.
Top Cons:
Potential Conflict of Interest: The seller is related to the Associate Broker, which requires full disclosure and may raise questions for potential buyers regarding transparency.

Compared to the nearby listings

Price:$2.98M vs avg $1.45M (+$1,530,000)91%
Size:4,278 sqft vs avg 2,664 sqft90%
Price/sqft:$697 vs avg $61278%

More Insights

Built in 1988 (37 years old).
Condition: The property, built in 1988, is well-maintained and features some updated areas like the 'gourmet kitchen' and 'spa-like master bathroom' as described. However, the secondary bathroom shown in the images clearly exhibits dated elements such as small square tile countertops, traditional faucets, and a basic strip light fixture, suggesting it has not been recently renovated. While the overall aesthetic is luxurious and traditional, the property's age (36 years) and the visible dated components, along with the explicit mention of 'Property Age & Potential System Updates' in the analysis, indicate that major systems may be older and some areas show signs of being outdated, aligning with the 'Fair' condition criteria.
Year Built
1988
Close
-
List price
$2.98M
Original List price
$3.1M
Price/Sqft
$697
HOA
$2,000
Days on market
-
Sold On
-
MLS number
225005897
Home ConditionFair
Features
Good View:
Pool
Spa
Patio
View

About this home

ONLY PROPERTY UNDER $3M in the Community! HUGE PRICE REDUCTION! SELLER IS COMMITTED TO CLOSE BY END OF YEAR! This is Your Chance to Own your dream home, SINGLE STORY Oasis blending elegance, comfort, and breathtaking beauty. This stunning estate boasts expansive living spaces, high ceilings, and an open floor plan perfect for entertaining. The gourmet kitchen features top-of-the-line appliances and custom cabinetry, while the spacious master suite offers a private retreat with a spa-like bathroom, sauna and walk-in closets. Step outside to meticulously landscaped gardens, a shimmering pool, spa, and outdoor entertaining area ideal for gatherings. Located in the prestigious Medea Valley Estates in Agoura Hills. This exceptional property combines privacy with convenience, just moments from scenic trails, shopping, and top-rated schools. Experience unparalleled luxury in this exquisite haven -- a true sanctuary for sophisticated lifestyles.*Seller is related to Associate Broker.

Nearby schools

7/10
Sumac Elementary School
Public,K-52.3mi
7/10
Lindero Canyon Middle School
Public,6-82.4mi
7/10
Agoura High School
Public,9-121.7mi

Price History

Date
Event
Price
09/06/18
Sold
$2,250,000
04/15/16
Sold
$1,850,000
Condition Rating
Fair

The property, built in 1988, is well-maintained and features some updated areas like the 'gourmet kitchen' and 'spa-like master bathroom' as described. However, the secondary bathroom shown in the images clearly exhibits dated elements such as small square tile countertops, traditional faucets, and a basic strip light fixture, suggesting it has not been recently renovated. While the overall aesthetic is luxurious and traditional, the property's age (36 years) and the visible dated components, along with the explicit mention of 'Property Age & Potential System Updates' in the analysis, indicate that major systems may be older and some areas show signs of being outdated, aligning with the 'Fair' condition criteria.
Pros & Cons

Pros

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 = 47316, living area = 4278.
Prestigious Location & Community: Located in the prestigious Medea Valley Estates in Agoura Hills, offering privacy and convenience with proximity to scenic trails, shopping, and top-rated schools.
Luxury Single-Story Design & High-End Interiors: This single-story oasis boasts expansive living spaces, high ceilings, an open floor plan, a gourmet kitchen with top-of-the-line appliances and custom cabinetry, and a spacious master suite featuring a spa-like bathroom, sauna, and walk-in closets.
Exceptional Outdoor Living & Large Lot: The property features meticulously landscaped gardens, a shimmering pool, spa, and an outdoor entertaining area, all situated on a substantial 47,316 sqft lot with a confirmed view.
Aggressive Pricing & Motivated Seller: Positioned as the 'ONLY PROPERTY UNDER $3M in the Community' with a 'HUGE PRICE REDUCTION' and a seller 'COMMITTED TO CLOSE BY END OF YEAR,' indicating strong motivation and potential value.
Top-Rated School District: Access to highly-rated public schools, including Sumac Elementary, Lindero Canyon Middle, and Agoura High School, all with a rating of 7/10.

Cons

Potential Conflict of Interest: The seller is related to the Associate Broker, which requires full disclosure and may raise questions for potential buyers regarding transparency.
Recurring Association Fees: The property is subject to an association fee of $2,000.0, and the frequency (monthly or annual) is not specified, which could be a significant ongoing cost depending on its periodicity.
Property Age & Potential System Updates: Built in 1988, while featuring modern updates, the property's age may imply original major systems (e.g., HVAC, plumbing, electrical) that could require future maintenance or upgrades not explicitly mentioned as completed.

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