5451 Newcastle Lane, Calabasas, California 91302, Calabasas, 91302 - 6 bed, 6 bath
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Calabasas, California 91302
This Exquisite Turnkey Residence in the prestigious Mountain View Estates is listed at $4,680,000, representing a stable acquisition perfectly aligned with its $4,680,000 Fair Market Value. Boasting an Excellent Condition Rating following an extensive high-end remodel, the 6,158 sqft home features a gourmet kitchen with Sub-Zero appliances, new marble flooring, and a private pool and spa with stunning mountain views. Located within the award-winning Las Virgenes School District near the 10/10 rated Oak Park High School, this estate offers elite security and lifestyle. It is the premier choice for Luxury Homeowners or Growing Families seeking a sophisticated sanctuary.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5451 Newcastle Lane Subject | $4,680,000* List Price | 6 | 6 | 6,158 | $760 | - |
A 5416 Wellesley Drive Sold | $4,600,000 | 5 | 6 | 5,770 | $797 | 0.3 mi |
B 25448 Cumberland Lane Sold | $4,088,888 | 5 | 5 | 4,597 | $889 | 0.1 mi |
C 25505 Hamilton Court Sold | $3,950,000 | 5 | 5 | 4,511 | $876 | 0.2 mi |
D 5428 Villawood Active | $5,950,000 List Price | 6 | 6 | 6,158 | $966 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
This property has undergone an extensive and recent high-end renovation, despite its 1990 build year. The listing explicitly states 'recently remodeled,' 'all new engineer hard wood floors downstairs,' 'new carpet upstairs,' and 'new bathrooms with marble floors upstairs.' The kitchen features modern wood cabinetry, quartz countertops, and top-of-the-line built-in Sub-Zero appliances, dual ovens, and a dual range stovetop with an indoor grill, all appearing brand new in the images. Bathrooms are luxurious with marble floors, modern fixtures, and a freestanding tub. All visible components, including flooring, light fixtures, and finishes, are new or virtually new, meeting current quality standards and styles, indicating minimal physical depreciation.
High School: Oak Park High School (10/10).
The property has undergone a comprehensive recent remodel, featuring new engineered hardwood floors, new carpets, updated bathrooms with marble, and a high-end gourmet kitchen equipped with Sub-Zero appliances, quartz countertops, and dual ovens.
Located within the prestigious 'Mountain View Estates,' a guard-gated community offering enhanced security, a beautiful waterfall entrance, and exclusive amenities like tennis courts and hiking trails.
The property incurs a substantial monthly association fee of $575, which adds a considerable ongoing cost to homeownership.
Despite recent remodels, the home's original construction dates back to 1990, suggesting that some core systems may be older and potentially require future maintenance or upgrades if not part of the recent renovation.
A notable price reduction from the original list price of $4.99M to $4.68M indicates potential market resistance or an initial overestimation of value, which could influence buyer perception.
Recently remodeled Guard gated with beautiful water fall in entrance “Mountain View Estates”-- Featuring one bedroom suite and powder room down, five bedrooms four bathrooms on the upper level. All new engineer hard wood floors downstairs, new carpet upstairs and new bathrooms with marble floors upstairs. Formal living room facing front courtyard with coffered ceiling. Giant family room, formal dining room and kitchen/breakfast dining area look out at the gorgeous pool and spa. Spacious and open kitchen includes wood cabinetry, quartz countertops, eat in island, built in/custom panel Sub-Zero refrigerator, two double oven sets, dual range stovetop w/built in indoor grill. Tennis court, hiking trails in the community. Award winning LVUSD schools and plenty of curb appeal. A MUST SEE!
No exterior & parking available.
Grades K-5 • 0.9 mi
Grades K-5 • 1.0 mi
Grades 6-8 • 2.2 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 6.0 | 4.0 | 85% |
| Baths | 6.0 | 4.0 | 77% |
| Square foot | 6,158 | 2,924.5 | 89% |
| Lot Size | 15,514 | 13,371.5 | 55% |
| Price | $4.68M | $2.11M | 88% |
| Price per sq ft | $760 | $740 | 55% |
| Built year | 1990 | 1986 | 69% |
| HOA | $575.0 | $155 | 90% |
| Days on market | 308 | 148 | 91% |
Aug 3, 2025
$4,680,000
Initial Listing
Aug 2, 2025
$4,990,000
Initial Listing