
Woodland Hills, California 91364
This Panoramic View Residence is a High-Potential Investment Opportunity, listed at $1,075,000—positioned well below the $1,226,478 Fair Market Value by 12%. This valuation gap provides $151,478 in Instant Equity. Maintaining a Condition Rating of 3, the home features a Granite Kitchen, updated stone bathrooms, and unobstructed valley views from multiple balconies. Located within the Top-Rated Calabasas High School boundaries, the property offers significant upside through developing the lower lot. It is an elite choice for Owner-Occupants or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5211 Calatrana Drive Subject | $1,025,000* List Price | 4 | 3 | 2,604 | $413 | - |
A 5063 Serrania Avenue Sold | $1,155,025 | 4 | 3 | 2,328 | $496 | 0.9 mi |
B 22051 Mulholland Way Sold | $1,095,000 | 4 | 3 | 2,195 | $499 | 0.8 mi |
C 21801 Providencia Sold | $1,000,000 | 4 | 3 | 2,092 | $478 | 0.4 mi |
D 5052 Medina Road Sold | $1,330,000 | 3 | 3 | 2,634 | $505 | 0.3 mi |
E 5060 Campo Road Sold | $825,000 | 3 | 2 | 2,886 | $286 | 0.4 mi |
F 21694 Yucatan Avenue Sold | $1,275,000 | 4 | 3 | 2,887 | $442 | 0.6 mi |
G 21651 Yucatan Avenue Active | $1,260,000 List Price | 3 | 3 | 2,717 | $464 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Originally built in 1962, the property has undergone significant renovations likely within the 15-20 year range. The kitchen features granite countertops and stainless steel appliances, and the bathrooms have been updated with stone finishes and a soaking tub. While the aesthetic is slightly dated, the home is well-maintained, functional, and move-in ready with updated flooring and recessed lighting.
The property boasts breathtaking, unobstructed views of the valley and hills, complemented by expansive balconies that facilitate a seamless indoor-outdoor lifestyle.
The lower portion of the 9,194 sqft lot offers a rare opportunity for development, allowing a buyer to create a custom backyard oasis and substantially increase property equity.
The home features updated bathrooms with elegant stone finishes and a soaking tub, alongside a well-appointed kitchen with granite countertops and stainless steel appliances.
The sloped nature of the lot may limit immediate usable flat yard space and could involve higher maintenance costs associated with hillside drainage and stability.
Originally built in 1962, the property may require updates to underlying systems or structural elements typical of mid-century hillside homes that are not addressed by cosmetic renovations.
Perched in the highly sought-after hills of Woodland Hills, this beautifully positioned home at 5211 Calatrana Dr offers breathtaking panoramic views and an exceptional indoor-outdoor lifestyle. From the moment you arrive, you’ll appreciate the peaceful setting, charming curb appeal, and elevated vantage point overlooking the surrounding valley. Inside, the home features a bright and open layout filled with natural light, highlighted by a spacious living area with a cozy fireplace and seamless access to an expansive balcony—perfect for relaxing or entertaining while taking in the stunning scenery. The kitchen is well-appointed with ample cabinetry, granite countertops, and stainless steel appliances, creating a functional and inviting space for everyday living. The home offers generously sized bedrooms, including a primary suite with its own private feel, along with updated bathrooms featuring elegant stone finishes, a soaking tub, and a separate walk-in shower for a spa-like experience. Step outside to multiple balcony areas that truly showcase what makes this property special—unobstructed views, tranquil surroundings, and a sense of escape just minutes from the city. Whether enjoying your morning coffee or evening sunsets, this home delivers a rare combination of comfort, privacy, and scenery. Tons of opportunity to develop the back lower lot into an oasis! Conveniently located near top-rated schools, shopping, dining, and easy freeway access, this is a unique opportunity to own a view home in one of Woodland Hills’ most desirable neighborhoods.
No exterior & parking available.
Grades K-5 • 1.8 mi
Grades K-5 • 2.4 mi
Grades K-5 • 3.2 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 4.0 | 50% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 2,604 | 2,244 | 63% |
| Lot Size | 9,194 | 9,966 | 45% |
| Price | $1.02M | $1.33M | 15% |
| Price per sq ft | $394 | $635 | 4% |
| Built year | 1962 | 1960 | 53% |
| HOA | $0 | $0 | 50% |
| Days on market | 46 | 139 | 2% |
Jun 1, 2026
$1,025,000
$1,075,000
-5% Price Drop
Initial Listing
Apr 29, 2026
$1,075,000
Initial Listing
Aug 8, 2003
$270,000
Public Record
Dec 22, 2000
$247,500
Public Record