4240 Lost Hills Rd. 1301, Calabasas, California 91301, Calabasas, 91301 - 2 bed, 2 bath
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Calabasas, California 91301
This Turnkey Condominium is a Strong Value Opportunity, listed at $650,000—positioned well below the $681,928 Fair Market Value by 4%. This valuation gap offers $31,928 in Instant Equity. Featuring a Mint Condition Rating with a brand-new interior remodel, this ground-level unit offers unobstructed panoramic canyon views and direct garage access. Located in the award-winning Las Virgenes School District, this property is an ideal sanctuary for Owner-Occupants or first-time buyers seeking a polished, move-in ready lifestyle.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4240 Lost Hills Rd. 1301 Subject | $650,000* List Price | 2 | 2 | 1,054 | $647 | - |
A 4240 Lost Hills Road 3301 Sold | $670,000 | 2 | 2 | 1,054 | $636 | 0.0 mi |
B 4240 Lost Hills Road 3004 Sold | $665,000 | 2 | 2 | 1,054 | $631 | 0.0 mi |
C 4240 Lost Hills Road 1101 Sold | $660,000 | 2 | 2 | 1,068 | $618 | 0.0 mi |
D 4240 Lost Hills 3108 Sold | $549,000 | 1 | 1 | 760 | $722 | 0.0 mi |
E 4240 Lost Hills Road 503 Sold | $699,999 | 2 | 2 | 1,180 | $593 | 0.0 mi |
F 4240 Lost Hills Road 1907 Sold | $570,000 | 1 | 1 | 842 | $677 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property features a brand new interior remodel (under 5 years) including new flooring, recessed lighting, and double-paned windows throughout. The kitchen and bathrooms have been fully updated with new quartz countertops, stainless steel appliances, and redone tub/shower surrounds, placing it in mint, move-in ready condition despite the 1988 build date.
Situated in a highly desirable Calabasas gated community, the unit offers rare, unobstructed panoramic mountain and canyon views overlooking the protected habitat of Malibu Creek.
The property features a brand-new interior remodel, including a modern kitchen with stainless steel appliances, upgraded lighting, and new flooring throughout, offering immediate move-in readiness.
This ground-level unit provides rare no-stair access, direct-entry garage, and a full-size side-by-side laundry room, maximizing convenience and functional living space.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =588037, other record lot size in square feet = 587765.
At $514 per month, the association fees are relatively high, which may impact the overall affordability and monthly carrying costs for some prospective buyers.
While the unit interior is newly updated, the 1988 construction of the Steeplechase community may lead to future maintenance needs or assessments for aging common area facilities.
Brand new remodeled interior! Extremely desirable location with unobstructed panoramic mountain/canyon views overlooking the protected habitat of Malibu Creek. Ground level, no stairs two bedroom two full bath Condominium with 2 separate patios (side patio covered and enclosed that includes a large storage closet). Direct garage access from the unit through the full size side by side laundry room. Living room has a wood burning fireplace. Remodeled oak cabinet kitchen with new flooring and matching stainless steel appliances. Upgraded recessed ceiling lighting in every room along with double paned windows throughout. New flooring in both bathrooms with both tub/showers redone. Steeplechase Condominiums is a private gated community with great amenities including two pool areas, clubhouse, gym, sauna, and security patrol. This property is only 2 blocks from nearby dining, shopping, and Erewhon Organic Market at Lost Hills and Agoura Road. Award winning Las Virgenes School District (Calabasas High, A E Wright Junior, Lupin Hill Elementary). Just down the street from incredible hiking and outdoor recreation at Malibu Creek State Park and only 8 miles to the beaches of Malibu.
No exterior & parking available.
Grades K-5 • 1.8 mi
Grades 6-8 • 0.3 mi
Grades 9-12 • 4.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,054 | 1,046 | 50% |
| Lot Size | 588,037 | 556,566.5 | 57% |
| Price | $650.0K | $571.0K | 64% |
| Price per sq ft | $617 | $568 | 57% |
| Built year | 1988 | 1987 | 50% |
| HOA | $514.0 | $528 | 43% |
| Days on market | 0 | 136 | 7% |
May 22, 2026
$650,000
Initial Listing
Jan 4, 2017
$490,000
Public Record
Aug 27, 2001
$188,000
Public Record