
Calabasas, California 91302
This Turnkey Single Family Residence represents a Strong Value Opportunity, listed at $1,199,999—positioned well below the $1,285,949 Fair Market Value by 6%. This valuation gap provides $85,950 in Instant Equity. With a Condition Rating of 3, the home features modern upgrades, including a detached flex space and panoramic canyon views. Located within the Las Virgenes Unified School District, this property is an ideal acquisition for Owner-Occupants seeking a nature-integrated lifestyle or Buy-and-Hold Investors targeting long-term appreciation.
Property is move-in ready.
Although built in 1955, the home has been significantly updated with a new tankless water heater (2026), newer major appliances (under 3 years old), and modern bifold doors. The interior features refreshed flooring and recessed lighting, and the addition of a mini-split HVAC in the flex space indicates well-maintained systems, making it 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 = 20774, living area = 1827.
The home features newly installed bifold doors that open to an expansive, refreshed deck with sweeping mountain and canyon views, perfectly capturing the creative spirit of the Calabasas Highlands.
A detached 100 sq. ft. studio with its own mini-split A/C provides a private, climate-controlled environment ideal for a home office, fitness room, or creative retreat away from the main residence.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =20774, other record lot size in square feet = 6400.
Originally built in 1955, the property may present the typical maintenance challenges or layout limitations associated with mid-century homes despite recent cosmetic and appliance updates.
At 1,827 sq. ft., the interior living space is relatively modest for the price point and lot size, which may not meet the needs of buyers looking for a larger family estate in Calabasas.
Tucked into the hills where Calabasas meets Topanga Canyon in the Highlands, this inviting home offers a rare blend of privacy, natural beauty, and effortless indoor-outdoor living—reminiscent of the charm and creative spirit of Laurel Canyon. Wake up to sweeping mountain views from nearly every room, where sunlight filters through the canyon and the pace of life slows just enough to breathe. The home features three bedrooms, two bathrooms, and an additional living space, thoughtfully designed to feel both comfortable and connected to its surroundings. At the heart of the home, recently added bifold doors open wide to a refreshed deck, creating a seamless flow between the interior living spaces and the outdoors—perfect for morning coffee, evening gatherings, or simply taking in the quiet beauty of the hills. The deck is also equipped with electrical outlets for future customization. Beyond the main home, a detached approximately 100 sq. ft. flex space with its own mini-split A/C offers endless versatility—ideal for a private office, creative studio, fitness room, or guest retreat. Two additional storage sheds provide practical convenience, while dual driveways offer ample parking for up to five vehicles. An exterior outlet at the front of the home is ready for EV charging. Life here is defined by connection to nature. Step outside to nearby hiking trails, enjoy the peaceful surroundings, and experience the charm of local wildlife. The neighborhood also features Calabasas Highlands Park, offering a playground, picnic area, and space for dogs. Despite its tranquil setting, the home is just minutes from everyday conveniences and some of the area’s most sought-after destinations, including The Commons at Calabasas, Old Town Calabasas, Viewpoint School, and Malibu Creek State Park, with Malibu’s iconic beaches just a short drive away. Located within the highly regarded Las Virgenes Unified School District. Additional highlights include a new tankless water heater (2026), updated fencing and decking, and newer major appliances—including a gas range/oven, microwave, refrigerator, washer, and dryer—all purchased within the past three years. The property is also zoned for horses, adding flexibility and long-term value. An enclosed catio is also included. More than just a home—it’s a lifestyle rooted in nature, privacy, and the unique character of the Calabasas Highlands.
No exterior & parking available.
Grades K-5 • 1.7 mi
Grades 6-8 • 2.0 mi
Grades 9-12 • 1.4 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 4.0 | 25% |
| Baths | 2.0 | 4.0 | 14% |
| Square foot | 1,827 | 2,858 | 10% |
| Lot Size | 20,774 | 13,371.5 | 64% |
| Price | $1.20M | $2.03M | 9% |
| Price per sq ft | $657 | $738 | 26% |
| Built year | 1955 | 1985 | 4% |
| HOA | $0 | $130 | 45% |
| Days on market | 30 | 144 | 1% |
May 7, 2026
$1,199,999
Initial Listing
Jun 7, 2021
$145,000
Public Record