
Calabasas, California 91302
This Customized Mulwood Residence is a Strong Value Opportunity, listed at $1,895,000—positioned well below the $2,044,830 Fair Market Value by 7%. This valuation gap provides $149,830 in Instant Equity for buyers. Boasting a Condition Rating of 3, the home features a resort-style backyard with a PebbleTec pool, mountain views, and smart-home technology. Located in the elite Las Virgenes School District near top-rated schools, it perfectly balances financial upside with a premium lifestyle. This is an ideal acquisition for Luxury-Seeking Families or Owner-Occupants looking to build immediate wealth.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3935 Bon Homme Subject | $1,895,000* List Price | 4 | 4 | 3,041 | $672 | - |
A 4086 Declaration Sold | $1,560,000 | 4 | 3 | 2,521 | $619 | 0.2 mi |
B 4168 Towhee Sold | $1,975,000 | 4 | 3 | 2,739 | $721 | 0.3 mi |
C 22824 Sparrowdell Sold | $2,150,000 | 4 | 3 | 2,724 | $789 | 0.3 mi |
D 22959 Humming Bird Way Sold | $1,455,000 | 4 | 3 | 2,700 | $539 | 0.4 mi |
E 22233 Via Leonardo Sold | $2,350,000 | 4 | 4 | 3,497 | $672 | 0.8 mi |
F 4241 Kingfisher Road Sold | $1,339,200 | 4 | 3 | 2,370 | $565 | 0.5 mi |
G 22650 Jameson Drive Active | $2,194,999 List Price | 5 | 5 | 2,947 | $745 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
This 1965 property has been extensively renovated and is in move-in ready condition. It features an updated chef's kitchen with high-quality finishes and stainless steel appliances, modern recessed lighting, and a mix of hardwood and tile flooring. The addition of an upper-level primary suite and integrated smart-home technology (lighting and pool systems) indicates significant system upgrades. While the renovations are high-end and well-maintained, the aesthetic style of the kitchen and flooring suggests the updates occurred within the 5-15 year range rather than a total renovation within the last 5 years, placing it firmly in the 'good' category.
Situated in the highly sought-after Mulwood neighborhood within the award-winning Las Virgenes School District, offering top-tier educational opportunities and strong property value retention.
The private backyard features a PebbleTec pool, spa, waterfall, and a covered outdoor living area with a fireplace and BBQ, perfect for high-end entertaining.
Boasting a unique split primary layout with a first-floor ensuite and an upper-level primary addition, plus a dedicated office and integrated smart-home technology.
Originally built in 1965, the property may require ongoing maintenance or updates to older infrastructure despite its modern cosmetic and functional upgrades.
While the backyard is well-appointed, the neighborhood setting and 0.26-acre lot size may offer less seclusion compared to larger estate properties in the Calabasas area.
Located in the coveted Mulwood neighborhood of Calabasas and within the award-winning Las Virgenes School District, this beautifully customized four-bedroom, four-bath residence offers the perfect blend of sophistication, comfort, and modern convenience in a versatile split primary layout with a first floor ensuite and two auxiliary bedrooms ;an upper level primary suite addition and dedicated office .A welcoming formal foyer introduces the home’s spacious open-concept design, featuring a warm and inviting living area with a cozy fireplace. The home flows seamlessly into a formal dining room and an expansive family room with custom built-ins, creating ideal spaces for both everyday living and elegant entertaining. The updated chef’s kitchen features quality finishes and a sunny breakfast area, opening naturally to the main living spaces.Step outside to your own private resort-style backyard retreat. The grounds showcase a sparkling PebbleTec pool ,spa and waterfall ,a charming outdoor covered living space with fireplace, and barbeque area creating an exceptional setting for year-round entertaining and relaxed California living.A tranquil side yard offers a unique garden setting with sculptural cactus landscaping, passion fruit , and grapevines, providing both beauty and serenity.Modern smart-home amenities enhance everyday living, including app-controlled lighting, Aqualink pool and spa management, and MyQ garage access for ultimate convenience.
No exterior & parking available.
Grades K-5 • 0.1 mi
Grades 6-8 • 0.4 mi
Grades 6-8 • 2.9 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 4.0 | 50% |
| Baths | 4.0 | 4.0 | 50% |
| Square foot | 3,041 | 2,924.5 | 53% |
| Lot Size | 11,312 | 12,245 | 44% |
| Price | $1.90M | $1.96M | 49% |
| Price per sq ft | $623 | $712 | 32% |
| Built year | 1965 | 1987 | 19% |
| HOA | $0 | $202 | 42% |
| Days on market | 13 | 196 | 2% |
Apr 9, 2026
$1,895,000
Initial Listing