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4032 Towhee Drive, Calabasas, California 91302, Calabasas, 91302 - 4 bed, 3 bath

4032 Towhee Drive, Calabasas, California 91302 home-pic-0
ACTIVE$1,999,000$2,730/sqft
Est. Value: $1,938,891
-3%
AboveEstimate
4032 Towhee Drive, Calabasas, California 91302
4Beds
3Baths
2,730Sqft
24,470Lot

Price Vs. Estimate

The estimated value ($1,938,891.285) is $60,108.715 (3%) lower than the list price ($1,999,000). This property may be overpriced.

Key pros and cons

Top 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 = 24470, living area = 2730.
Top Cons:
Original Construction Age: Despite extensive remodeling, the property's original build year of 1972 might raise concerns for some buyers regarding underlying structural or foundational elements not explicitly mentioned as updated.

Compared to the nearby listings

Price:$2.00M vs avg $1.99M (+$5,125)50%
Size:2,730 sqft vs avg 3,099 sqft42%
Price/sqft:$732 vs avg $68660%

More Insights

Built in 1972 (54 years old).
Condition: Despite being built in 1972, this property has undergone a 'masterfully remodeled' and 'extensive renovation' as described, which is clearly evident in the images. The kitchen features modern white and grey cabinetry, high-end stainless steel appliances (double oven, large refrigerator, range hood), stone countertops, and a stylish backsplash. All three bathrooms are updated with contemporary finishes, including a spa-like primary ensuite with a floating tub and glass-enclosed walk-in shower, and other baths with modern vanities, backlit mirrors, and chic tiling. The entire home boasts white oak wide plank floors, recessed lighting, and a fully integrated smart home system. Major systems like the electrical panel and water heater have also been updated. The overall condition is virtually new, meeting current quality standards with no visible deferred maintenance, aligning perfectly with the 'excellent' criteria for an extensively renovated property.
Year Built
1972
Close
-
List price
$2M
Original List price
$2M
Price/Sqft
$732
HOA
-
Days on market
-
Sold On
-
MLS number
SR26007901
Home ConditionExcellent
Features
Good View:
Deck
Spa
Patio
View

About this home

Experience the ultimate in modern luxury in the heart of Calabasas’s coveted Mulwood neighborhood. This masterfully remodeled 4-bedroom residence features a light-filled, open-concept floor plan including a gourmet chef's kitchen with a center island and farmhouse sink! The living room has a lovely bar, white oak wide plank floors and cozy fireplace, and a beautiful dining room nearby. Upstairs, the primary retreat is a true sanctuary, offering a private deck, separate spacious closets, and a spa-like ensuite with a floating tub and walk-in shower. The upper level includes two additional bedrooms, while the lower level features a fourth bedroom and bath, as well as an incredible bonus room—perfect as a 5th bedroom, home office, or gym with access to the wonderful patio and yard. All three bathrooms have been updated with modern finishes. Step outside to a resort-style backyard oasis, complete with a BBQ area, sport court, putting green, and a relaxing jacuzzi. This property also has a fully integrated smart home powered by enterprise-grade Ruckus networking, Lutron lighting, and seamless shade automation, an updated electrical panel, EV charger and tankless water heater. Located in an award-winning school district and just minutes from the best of Calabasas, this home offers the perfect blend of style and recreation.

S
Stephanie Shanfeld
Listing Agent

Nearby schools

8/10
Chaparral Elementary School
Public,•K-5•0.3mi
7/10
Alice C. Stelle Middle School
Public,•6-8•0.6mi
5/10
Woodland Hills Charter Academy
Public,•6-8•3.0mi
8/10
Calabasas High School
Public,•9-12•0.3mi

Price History

Date
Event
Price
07/25/18
Sold
$1,373,000
09/28/17
Sold
$925,000
Condition Rating
Excellent
Despite being built in 1972, this property has undergone a 'masterfully remodeled' and 'extensive renovation' as described, which is clearly evident in the images. The kitchen features modern white and grey cabinetry, high-end stainless steel appliances (double oven, large refrigerator, range hood), stone countertops, and a stylish backsplash. All three bathrooms are updated with contemporary finishes, including a spa-like primary ensuite with a floating tub and glass-enclosed walk-in shower, and other baths with modern vanities, backlit mirrors, and chic tiling. The entire home boasts white oak wide plank floors, recessed lighting, and a fully integrated smart home system. Major systems like the electrical panel and water heater have also been updated. The overall condition is virtually new, meeting current quality standards with no visible deferred maintenance, aligning perfectly with the 'excellent' criteria for an extensively renovated property.
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 = 24470, living area = 2730.
Comprehensive Modern Remodel: The residence has been masterfully remodeled to offer modern luxury, featuring updated bathrooms, white oak wide plank floors, and modern infrastructure including an updated electrical panel, EV charger, and tankless water heater.
Exceptional Outdoor Living: The property boasts a resort-style backyard oasis complete with a BBQ area, sport court, putting green, and a relaxing jacuzzi, providing unparalleled entertainment and recreation opportunities.
Advanced Smart Home Technology: Equipped with a fully integrated smart home system powered by enterprise-grade Ruckus networking, Lutron lighting, and seamless shade automation, offering cutting-edge convenience and efficiency.
Gourmet Kitchen & Open-Concept Design: Features a gourmet chef's kitchen with a center island and farmhouse sink, seamlessly flowing into a light-filled, open-concept floor plan ideal for modern living and entertaining.
Prime Location & Top-Rated Schools: Situated in Calabasas's coveted Mulwood neighborhood, within an award-winning school district (Las Virgenes), and just minutes from local amenities, making it highly desirable for families.

Cons

Original Construction Age: Despite extensive remodeling, the property's original build year of 1972 might raise concerns for some buyers regarding underlying structural or foundational elements not explicitly mentioned as updated.
Absence of Central Cooling System: The property description details numerous modern upgrades but conspicuously omits any mention of a central air conditioning system, which is a significant amenity expected in a luxury home in Calabasas's climate.
Premium Price Point: Listed at $1.999 million, the property commands a high price, which, while potentially justified by its extensive upgrades and location, positions it in a competitive luxury market segment and may narrow the potential buyer pool.
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