
Calabasas, California 91302
This Single Family Residence presents a High-Potential Investment Opportunity, listed at $2,495,000—positioned above the $2,347,488 Fair Market Value. While the price reflects a premium for the location, the property offers significant upside through modernization. With a Condition Rating of 4, the home requires updates to its 1984-era finishes, yet features a premier 180-degree panoramic canyon view, pool, and spa. Located in the Las Virgenes Unified School District, this is an ideal project for Value-Add Investors or Owner-Occupants seeking to customize a high-end Calabasas estate.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4422 Alta Tupelo Subject | $2,495,000* List Price | 4 | 4 | 3,529 | $665 | - |
A 24823 Alexandra Court Sold | $2,600,000 | 5 | 4 | 3,582 | $726 | 0.5 mi |
B 24876 Paseo Primario Sold | $2,320,000 | 4 | 5 | 4,099 | $566 | 0.6 mi |
C 24810 Earls Court Sold | $2,260,000 | 5 | 4 | 3,356 | $673 | 0.9 mi |
D 24508 Park Granada Active | $2,595,000 List Price | 4 | 4 | 3,711 | $699 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1984, the property is 40 years old and retains dated interior finishes such as tile countertops and older cabinetry. While the outdoor entertaining area and flooring show some signs of maintenance, the listing explicitly states the home is 'ready for a buyer with vision' to 'bring your updates,' aligning with the Fair criteria for dated homes needing modernization.
The property boasts exceptional 180-degree canyon and mountain views, complemented by a resort-style backyard featuring a pool, spa, waterfall, pizza oven, and built-in BBQ.
The rare layout provides three bedrooms on the main level for single-story living convenience, while the entire upper floor is dedicated to a private, expansive primary retreat.
Situated in the prestigious Vista Pointe community, the home offers 24/7 security and access to the top-rated Las Virgenes Unified School District with relatively low HOA fees.
The listing explicitly invites buyers to 'bring updates,' indicating that the home likely requires a significant capital investment to modernize the 1984-era aesthetics.
At approximately 8,359 square feet, the lot size is relatively modest for a $2.5M Calabasas residence, leaving limited green space once the pool and outdoor kitchen are factored in.
Vista Pointe sits on the quiet side of Calabasas, behind a guard gate, on a street where the hills open up and the houses stop competing for attention. Two tennis courts. A staffed entrance. A low HOA. The kind of place people move into and do not leave. This home holds one of the best positions in it. The rear of the house faces south across mountains and canyon, 180 degrees of it, uninterrupted, lit from morning through the afternoon. The yard was built to live in that view. A full outdoor kitchen with a built-in barbecue and a pizza oven. A pool, a spa, and a waterfall set against open sky. Fire pits for the hours after dinner. Inside, 3,529 square feet arranged the way people actually want to live. A bedroom on the main level, alongside the living room, family room, and formal dining room. Three bedrooms upstairs, including a primary suite behind double doors, with a sitting area, its own fireplace, and a balcony that puts the canyon at eye level. High ceilings, a second sitting area, and enough separation to make the suite feel like a floor of its own. The rest is up to whoever comes next. Volume at the entry. Light from every direction. Two fireplaces. A wet bar and a wine display. A kitchen with a center island and a breakfast nook that catches the morning. The walls are in the right place, which means the possibilities are open. Reimagine the kitchen. Rethink the baths. Bring the windows into the view. Nothing here forces a compromise. Las Virgenes Unified serves the community, one of the most sought-after districts on the west side of the Valley. The Commons, Malibu Creek State Park, and the 101 are all minutes out the gate. The view is here. The floor plan is here. The address is here. Everything else is yours to imagine. Homes with this view, this layout, and this address do not sit long. The updates are the easy part. The location was never for sale anywhere else.
No exterior & parking available.
Grades K-5 • 0.4 mi
Grades 6-8 • 2.3 mi
Grades 9-12 • 1.9 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 4.0 |
| Baths | 4.0 | 4.0 |
| Square foot | 3,529 | 3,125 |
| Lot Size | 8,359 | 11,864 |
| Price | $2.50M | $1.98M |
| Price per sq ft | $707 | $716 |
| Built year | 1984 | 1991 |
| HOA | $350.0 | $362 |
| Days on market | 13 | 56 |
Jul 9, 2026
$2,495,000
Initial Listing