
Calabasas, California 91302
This Stunning Move-In Ready Estate is a Strong Value Opportunity, listed at $4,295,000—positioned well below the $4,472,233 Fair Market Value by 3%. This valuation gap offers $177,233 in Instant Equity for the buyer. Featuring a Condition Rating of 3, the home includes a chef's kitchen, resort-style pool, and panoramic mountain views. Located in the Las Virgenes Unified School District, this property is an ideal acquisition for discerning homeowners or luxury buyers seeking privacy and enduring elegance.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3011 Mountain Park Drive Subject | $4,295,000* List Price | 5 | 4 | 5,216 | $823 | - |
A 3124 Mountain Park Active | $3,995,000 List Price | 5 | 5 | 4,178 | $956 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While built in 1991, the property has been meticulously maintained and features significant updates. The chef's kitchen includes premium stainless steel appliances and a modern grey-and-white color scheme, and the primary bathroom shows high-end stone finishes and contemporary glass work. The addition of rich hardwood flooring and the pristine condition of the resort-style grounds suggest a high-quality renovation within the 5-15 year range, making it fully move-in ready.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 57258, living area = 5216.
Situated at the end of a quiet cul-de-sac within a prestigious guard-gated enclave, this property borders 120 acres of protected open space, ensuring maximum privacy and tranquility.
The 1.3-acre lot offers unobstructed views of the Santa Monica Mountains and canyons, providing a rare resort-style setting with ample space for a future guest house.
Built in 1991, the home may require further modernizations to its floor plan or finishes to compete with the aesthetic of contemporary new-construction estates in the area.
The combination of a massive 1.3-acre lot, extensive landscaping, and a $648 monthly HOA fee represents significant ongoing carrying costs for the homeowner.
WHERE THE MOUNTAINS QUIET THE WORLD: Discover a private mountain retreat where spectacular views, cool ocean breezes and magnificent sunsets come together to create the perfect tranquil environment in which to unwind and recharge. Set at the end of a quiet cul-de-sac in the prestigious guard-gated enclave of Mountain Park Estates, this extraordinary 1.3-acre Calabasas estate offers 180-degree unobstructed and panoramic views of the Santa Monica Mountains and is surrounded by 120 acres of protected open space, providing a rare combination of breathtaking natural beauty and exceptional privacy. Designed and meticulously maintained by its original owners, the residence is distinguished by grand, light-filled interiors and lavish outdoor living spaces, including a sparkling pool and spa surrounded by lush landscaping and multiple terraced areas for dining and entertaining, creating a truly relaxed resort setting. The expansive grounds also provide ample space for a future guesthouse and additional amenities. The home features imported Italian hardwood flooring, formal living and dining rooms and a notably large kitchen featuring a 4 x 8 center island, premium appliances and a breakfast room overlooking the pool and mountain scenery. The primary suite was designed as an oasis from everyday life and includes a separate sitting room with dual-sided fireplace and direct access to an expansive balcony where one can relax and take in the ever-changing morning sunrises and evening sunsets. Beyond the formal living spaces, the home includes a dedicated office with built-in cabinetry, a family room with fireplace and custom media center, and a large bonus room currently housing a full-size pool table, music equipment and jukebox. Mountain Park Estates offers its residents a "country club" lifestyle, with its own community park, tennis and pickleball courts, as well as direct access to scenic hiking trails that meander throughout the surrounding mountain scape. Located in the highly acclaimed Las Virgenes Unified School District, this home offers a rare opportunity to own an exceptional Calabasas estate, where sweeping natural vistas, resort-style living, and enduring elegance all combine into one extraordinary setting.
No exterior & parking available.
Grades K-5 • 2.5 mi
Grades 6-8 • 2.7 mi
Grades 9-12 • 2.1 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 5.0 | 4.3 |
| Baths | 4.0 | 4.3 |
| Square foot | 5,216 | 3,694.816 |
| Lot Size | 57,258 | 13,977.816 |
| Price | $4.29M | $2.37M |
| Price per sq ft | $823 | $703 |
| Built year | 1991 | 1991 |
| HOA | $648.0 | $409 |
| Days on market | 99 | 63 |
Jun 2, 2026
$4,295,000
Initial Listing