3011 Mountain Park Drive, Calabasas, California 91302, Calabasas, 91302 - 5 bed, 4 bath

3011 Mountain Park Drive, Calabasas, California 91302 home-pic-0
ACTIVE$4,495,000
3011 Mountain Park Drive, Calabasas, California 91302
5Beds
4Baths
5,154Sqft
57,258Lot
Year Built
1991
Close
-
List price
$4.5M
Original List price
$4.5M
Price/Sqft
$872
HOA
$648
Days on market
-
Sold On
-
MLS number
25502515
Home ConditionGood
Features
Excellent View: Canyon, Mountain(s), Panoramic
Deck
Pool
Spa
Patio
ViewCanyon, Mountain(s), Panoramic

About this home

Possibly Over-Priced:The estimated price is 13% below the list price. We found 3 Cons,6 Pros. Rank: price - $4.50M(86th), sqft - 5154(80th), beds - 5(62th), baths - 4(50th).

Truly once in a lifetime views! Perched atop a tranquil cul-de-sac within the exclusive guard-gated community of Mountain Park Estates, this stunning home offers breathtaking 180-degree southwest-facing vistas of the Santa Monica Mountains. Spanning 1.3 acres, the property boasts serene seclusion, adjacent to 120 acres of protected open space, guaranteeing a tranquil living experience. Built and occupied by the original owners, this home was custom designed to maximize the views. The thoughtfully designed floor plan welcomes you to a bright entry flanked by a formal living room with fireplace and formal dining room, both of which feature large windows that look out over the front yard. At the rear of the home, a spacious den/game room awaits, complete with a wet bar and expansive windows that frame the stunning views - an ideal setting for both relaxed evenings and lively gatherings. The family room features a custom built-in media center and cozy fireplace from which you can also enjoy the sweeping panorama. The massive kitchen has a full size eat-in area and breakfast bar overlooking the pool and distant mountains, as well as a 4' x 8' island with almost a five-foot clearance all around. The appliances are all high-end, including Sub-Zero, Miele, Thermador and Viking. There is a ground floor dedicated office with built-in cabinetry and a private door leading to the side walkway. There is also a main floor bedroom with a full en-suite bath. Upstairs the primary suite spans the entire rear width of the home offering mountain vistas and exceptional privacy. With a two-sided fireplace, private sitting room and balcony, this suite is perfect for waking up to those cool mornings as the fog rolls in from the ocean over the mountains and for taking in the spectacular evening sunsets all year round. The primary bath looks directly out to the mountains and includes Walker Zanger tiles, a jetted double tub, makeup vanity and ample closet space. Two more large bedrooms as well as a full bathroom complete the second floor. The pie-shaped lot perfectly captures the view frontage and offers the opportunity to add a guest house and covered pergola if desired. Due to its unique location and orientation, this elevated lot enjoys cool ocean breezes year-round. The large pool and spa provide a gorgeous water element against the backdrop of the mountains and a BBQ center and lovely yard flow seamlessly into the natural landscapes beyond. Prime grade Italian engineered hardwood flooring was installed in 2021 and a new HVAC system with all new ducting in 2024. Residents of Mountain Park Estates enjoy access to an exclusive community park offering tennis & pickle ball courts, putting green, bocce ball and shuffleboard, soccer/ball field and children's playground, and direct entry to the Santa Monica Mountains' hiking trails. Located within the award-winning Las Virgenes Unified School District, this exceptional home combines luxury living with the tranquility of nature.

Nearby schools

8/10
Chaparral Elementary School
Public,K-52.5mi
7/10
Alice C. Stelle Middle School
Public,6-82.7mi
8/10
Calabasas High School
Public,9-122.1mi
Condition Rating
Good

The property, built in 1991, is move-in ready and boasts significant recent upgrades, including a new HVAC system with new ducting (2024) and prime grade Italian engineered hardwood flooring (2021). The kitchen is a highlight with high-end appliances (Sub-Zero, Miele, Thermador, Viking), and the primary bathroom features quality finishes like Walker Zanger tiles and a jetted tub. While these major systems and key areas are updated and in excellent condition, the description notes a 'Potential for Dated Aesthetics' due to its original ownership and age, indicating that not all areas have undergone a full, contemporary renovation. This places it firmly in the 'Good' category, as it's well-maintained with recent updates to major systems, but not a full, recent renovation throughout.
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 = 57258, living area = 5154.
Unparalleled Views & Seclusion: The property offers breathtaking 180-degree southwest-facing vistas of the Santa Monica Mountains, enhanced by its tranquil cul-de-sac location within a guard-gated community and adjacency to 120 acres of protected open space, ensuring privacy and serene living.
Luxurious & Well-Appointed Kitchen: The massive kitchen is a chef's dream, featuring a full-size eat-in area, a large 4'x8' island with ample clearance, and high-end appliances from Sub-Zero, Miele, Thermador, and Viking.
Expansive Lot with Development Potential: Spanning 1.3 acres, the pie-shaped lot is strategically designed to maximize views and offers significant potential for future enhancements, including the addition of a guest house and covered pergola.
Recent Major System Upgrades: The home benefits from significant recent investments, including prime grade Italian engineered hardwood flooring installed in 2021 and a new HVAC system with all new ducting in 2024, reducing immediate maintenance concerns for major systems.
Exclusive Community Amenities & Schools: Residents enjoy access to an exclusive community park with extensive recreational facilities (tennis, pickleball, putting green, etc.) and direct access to hiking trails, all within the highly-rated Las Virgenes Unified School District.

Cons

Potential for Dated Aesthetics: Built in 1991 and occupied by original owners, while some updates are noted, certain areas or the overall design aesthetic may not fully align with contemporary luxury trends, potentially requiring further cosmetic renovations.
Significant Price Discrepancy: The current list price of $4,495,000 is notably higher than the estimated property value of $3,884,868, which could impact market competitiveness and buyer perception of value.
High Monthly Association Fees: A monthly association fee of $648.0 is substantial and represents a significant recurring cost, which may be a consideration for potential buyers evaluating long-term ownership expenses.

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