
Calabasas, California 91302
This Spacious Custom Estate represents a Strong Value Opportunity, listed at $3,499,000—positioned well below the $3,248,596 Fair Market Value by -7%. While the home maintains a Condition Rating of 4, its 5,071 sqft layout, Pebble Tec Pool, and Panoramic Mountain Views offer significant lifestyle appeal. Located within the prestigious Las Virgenes School District, this property provides a solid foundation for modernization. It is an ideal acquisition for Owner-Occupants seeking a luxury footprint or Value-Add Investors looking to modernize a premier Calabasas asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3732 Paseo Primario Subject | $3,499,000* List Price | 4 | 6 | 5,071 | $641 | - |
A 24823 Alexandra Court Sold | $2,600,000 | 5 | 4 | 3,582 | $726 | 0.3 mi |
B 25480 Prado De Oro Active | $4,295,000 List Price | 5 | 6 | 4,851 | $885 | 1.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1992, this 34-year-old home is well-maintained but significantly dated. The kitchen features older white appliances and 90s-style cabinetry, while the bathrooms retain original heavy marble and gold fixtures. Per the criteria, it exceeds the 20-year age threshold and requires aesthetic updates to meet modern standards.
Situated in the exclusive Calabasas Park Estates, this property offers high-end security and privacy within a sought-after community featuring tennis courts and access to the top-rated Las Virgenes school district.
Boasting over 5,000 square feet of living space, the home features a dramatic foyer with a floating staircase and a luxurious primary suite with a private balcony and panoramic mountain views.
The backyard is designed for entertaining with a Pebble Tec pool, spa, and a large wraparound paver patio that captures stunning views of the valley and Warner Center.
With a lot size of approximately 8,581 square feet for a 5,000+ square foot home, the outdoor footprint is relatively compact, resulting in a high building-to-land ratio compared to other estates in the area.
Built in 1992, some interior finishes such as the polished granite flooring and specific architectural details may require modernization to meet the expectations of contemporary luxury buyers.
Located In The Prestigious Gated Community Of Calabasas Pk Estates This Gorgeous Custom Home Features Great Curb Appeal. Walk Thru The Leaded Glass Entry Doors To A Dramatic Foyer With Skylight, Polished Granite Floors, Dramatic Free Floating Staircase W Glass Railings & Powder Bath. Lovely Two Story Living Room W Fireplace. Sep Formal Dining W French Doors. Cooks Kitchen W Granite Countertops, Custom Cabintry, Center Island & Sep Brk Area Opens Up To A Fabulous Fam Room W Fireplace, Built Ins, Wet Bar & French Doors Leading To The Backyard. Downstairs Bedroom W Prvt Bath That Also Serves As A Pool Bath . Upstairs Area Features Large Primary Suite W Sitting Room Double Sided Marble Fp, Gorgeous Views & Prvt Balcony, Attached Luxurious Marble Bath W Double Vanities Lrg Walk In Marble Shower & 2 Person Spa Tub, Attached Lrg Walk In Closet.Two Additional Secondary Bedrooms Are Really Nice Size W Ensuite Full Baths. Great Bonus Room W Wet Bar And ½ Bath Complete The Upstairs Area. Lovely Low Maintenance Backyard W Large Wraparound Paver Stones Patio, Lovely Pebble Tec Pool & Spa W Gorgeous Mtn & Warner Ctr Views. 3 Car Garage, Dual Zone A/C, Sec System. Comm Also Features Tennis Courts. Excellent Value Priced To Sell.
No exterior & parking available.
Grades K-5 • 0.8 mi
Grades K-5 • 2.7 mi
Grades 6-8 • 2.9 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 4.0 |
| Baths | 6.0 | 4.0 |
| Square foot | 5,071 | 3,125 |
| Lot Size | 8,581 | 11,864 |
| Price | $3.50M | $1.98M |
| Price per sq ft | $690 | $716 |
| Built year | 1992 | 1991 |
| HOA | $395.0 | $362 |
| Days on market | 14 | 56 |
Jul 8, 2026
$3,499,000
Initial Listing
Sep 7, 1994
$800,000
Public Record