5451 Newcastle Lane, Calabasas, California 91302, Calabasas, 91302 - 6 bed, 6 bath
5451 Newcastle Lane
Calabasas, California 91302
Property Price
SUMMARY
Analysis of 5451 Newcastle Lane, Calabasas, California 91302 reveals a Fairly Priced Property with a current list price of $4,680,000 aligned with the estimated $4,680,000 Fair Market Value. This represents a stable investment opportunity at market rate. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. Located in a high-demand neighborhood within the Calabasas Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Estimated Market Value
Comparable Sales Map
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 5541 Wellesley Drive Sold | $3,400,000 | 6 | 6 | 6,252 | $544 | 0.1 mi |
B 5416 Wellesley Drive Sold | $4,600,000 | 5 | 6 | 5,770 | $797 | 0.3 mi |
C 25548 Gaylord Court Sold | $3,920,000 | 5 | 6 | 5,052 | $776 | 0.2 mi |
D 5366 Collingwood Circle Sold | $3,950,000 | 6 | 8 | 6,205 | $637 | 0.2 mi |
E 25448 Cumberland Lane Sold | $4,088,888 | 5 | 5 | 4,597 | $889 | 0.1 mi |
F 5411 Villawood Circle Active | $4,399,000 List Price | 6 | 6 | 5,699 | $772 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
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.
PROSSTRENGTHS & OPPORTUNITIES
- Great Schools
High School: Oak Park High School (10/10).
- Extensive Recent Remodel
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.
- Exclusive Guard-Gated Community
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.
CONSRISKS & DEFICIENCIES
- Significant Monthly HOA Fees
The property incurs a substantial monthly association fee of $575, which adds a considerable ongoing cost to homeownership.
- Property Age (1990 Build)
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.
- Recent Price Reduction
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.
About 5451 Newcastle Lane
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!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1990
- Lot Size
- 15,514 Sq. Ft.
Interior
- Total Bedrooms
- 6
- Total Bathrooms
- 6 (6 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $575.0 / Month
Neighborhood Insights
Calabasas Unified Schools
Lupin Hill Elementary School
Grades K-5 • 0.9 mi
Round Meadow Elementary School
Grades K-5 • 1.0 mi
Arthur E. Wright Middle School
Grades 6-8 • 2.2 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 6.0 | 4.0 | 86% |
| Baths | 6.0 | 4.0 | 76% |
| Square foot | 6,158 | 3,056 | 86% |
| Lot Size | 15,514 | 12,218.5 | 62% |
| Price | $4.68M | $1.98M | 87% |
| Price per sq ft | $760 | $704 | 64% |
| Built year | 1990 | 1988 | 62% |
| HOA | $575.0 | $202 | 88% |
| Days on market | 216 | 188 | 63% |
Pricing History
Listed for Sale
Aug 3, 2025
$4,680,000
Initial Listing
Price Change
Aug 2, 2025
$4,990,000
Initial Listing