5192 Parkway Calabasas, Calabasas, California 91302, Calabasas, 91302 - 6 bed, 6 bath

5192 Parkway Calabasas, Calabasas, California 91302 home-pic-0
ACTIVE$11,500,000
5192 Parkway Calabasas, Calabasas, California 91302
6Beds
6Baths
11,120Sqft
112,651Lot
Year Built
1992
Close
-
List price
$11.5M
Original List price
$15M
Price/Sqft
$1,034
HOA
$200
Days on market
-
Sold On
-
MLS number
25512741
Home ConditionExcellent
Features
Good View: Bluff, Canyon, Mountain(s), Valley
Pool
Patio
ViewBluff, Canyon, Mountain(s), Valley

About this home

We found 3 Cons,7 Pros. Rank: price - $11.50M(97th), sqft - 11120(98th), beds - 6(90th), baths - 6(78th).

Located in the prestigious, gated community of Hidden Hills West, this fully remodeled estate spans 2.58 acres and offers a rare blend of privacy, luxury, and modern living. With 6 bedrooms, 5.5 bathrooms, and 11,120 square feet of living space, this home is designed to impress at every turn. As you approach, a long gated private driveway leads to a massive motor court, setting the stage for a grand entry. The oversized wooden pivot door opens to a dramatic foyer with a sweeping spiral staircase, inviting you into the heart of the home. Expansive glass doors throughout allow natural light to flood the interior, creating a seamless connection between the indoors and the surrounding landscape. The chef's kitchen is a showstopper, with an oversized marble island featuring waterfall edges crafted from just two large pieces of book matched marble. The kitchen's chevron parquet wood floors flow effortlessly into the formal dining room, where pendant ring-shaped lighting adds an elegant touch. Top-of-the-line Miele appliances and Sub-Zero refrigerators make this space perfect for both everyday living and entertaining. The family room, with its soaring double-height ceilings and oversized windows, is flooded with light. For those who enjoy wine, a beautifully designed wine storage area and bar offer an elegant spot for entertaining guests. Upstairs, the expansive primary suite offers a luxurious retreat. The suite features two sitting area with a dual-sided fireplace, a private balcony with sweeping views of the lush backyard, and elegant chandeliers that enhance the room's sophisticated ambiance. The oversized primary bathroom includes a walk-in shower and steam room, along with a brand-new infrared sauna. The walk-in closet is a standout, with a massive center island for accessories and ample space for storage, including a dedicated area for shoes. A spacious junior primary suite provides a private living room and an en-suite bathroom, offering additional privacy and comfort. The upstairs office is designed to evoke the elegance of a Soho House, complete with a marble fireplace and a grand chandelier wrapped in gold leaf perfect for work or relaxation. The lower level of the home features a guest bedroom with an en-suite bathroom, a butler's kitchen, and a large living room with direct access to a piano entertainment room. Expansive glass doors lead out to the backyard, where the possibilities are endless for outdoor living and entertaining.The estate features a sprawling backyard with a custom pool and beautifully landscaped gardens, creating the perfect setting for outdoor relaxation and entertainment. Gated with secure code entry, this home ensures both privacy and peace of mind. It's a rare opportunity to experience luxurious living at its finest.

Nearby schools

8/10
Round Meadow Elementary School
Public,K-50.6mi
7/10
Arthur E. Wright Middle School
Public,6-83.1mi
8/10
Calabasas High School
Public,9-122.3mi
10/10
Oak Park High School
Public,9-126.4mi

Price History

Date
Event
Price
09/05/25
Price Change
$11,500,000
03/21/25
Listing
$15,000,000
Condition Rating
Excellent

Despite being built in 1992, this estate has undergone a comprehensive and high-end renovation, making it virtually new in terms of finishes and features. The kitchen is a 'showstopper' with top-of-the-line Miele and Sub-Zero appliances, an oversized marble island with waterfall edges, and modern chevron parquet wood floors. Bathrooms are equally luxurious, featuring contemporary designs, high-quality materials, and amenities like a steam room and brand-new infrared sauna. All visible components, including flooring, light fixtures, and overall styling, are current, luxurious, and in excellent, new-like condition, indicating no deferred maintenance.
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 = 112651, living area = 11120.
Great Schools: High School: Oak Park High School (10/10).
Exclusive Location & Privacy: Situated in the prestigious, gated Hidden Hills West community on a private 2.58-acre lot, offering unparalleled seclusion and security.
Extensive Modern Remodel: A fully remodeled estate featuring high-end finishes, a gourmet chef's kitchen with Miele and Sub-Zero appliances, and luxurious amenities like an infrared sauna.
Grand Scale & Versatile Living: Spanning 11,120 sqft with 6 beds/5.5 baths, including a dramatic foyer, multiple entertainment zones, and a dedicated luxury office, catering to diverse needs.
Resort-Style Outdoor Oasis: A sprawling backyard boasts a custom pool and meticulously landscaped gardens, perfect for lavish outdoor entertaining and relaxation.
Architectural Elegance & Natural Illumination: Designed with soaring double-height ceilings, expansive glass doors, and elegant fixtures that maximize natural light and offer scenic views.

Cons

Substantial Price Adjustment: A significant price reduction from $15M to $11.5M (23%) may suggest initial overpricing or a challenging market valuation, potentially impacting buyer confidence.
Original Construction Year: Despite a full remodel, the 1992 build year might deter buyers specifically seeking brand-new construction with the latest underlying infrastructure.
High Maintenance Demands: The expansive 2.58-acre lot, large home, custom pool, and extensive landscaping imply considerable ongoing maintenance and operational costs.

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