548 Live Oak Circle Drive, Calabasas, California 91302, Calabasas, 91302 - 5 bed, 3 bath
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Calabasas, California 91302
This Move-in Ready Single Family Residence is a Strong Value Opportunity, listed at $1,849,000—positioned well below the $1,837,988 Fair Market Value (priced at market stability). Featuring a Good Condition Rating with modernized kitchen finishes and panoramic mountain and canyon views, the property offers a serene, nature-forward lifestyle on an expansive 46,173 sqft lot. With significant recent price adjustments, this home balances immediate comfort with long-term land value. It is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a private Monte Nido retreat.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 548 Live Oak Circle Drive Subject | $1,849,000* List Price | 5 | 3 | 2,335 | $787 | - |
A 821 Crater Camp Drive Sold | $2,225,000 | 4 | 4 | 3,099 | $718 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While built in 1974, the property features significant interior updates that place it in the 'Good' category. The kitchen has been modernized with a farmhouse sink, stainless steel appliances (including a microwave drawer), and updated cabinetry. The home is described as move-in ready with updated finishes, recessed lighting, and well-maintained outdoor spaces, suggesting a renovation within the 5-15 year range.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 46173, living area = 2335.
Nestled in the exclusive Monte Nido community, this property offers a rare combination of canyon serenity and rapid access to both Malibu beaches and Calabasas amenities.
Situated on over an acre of land, the property provides exceptional privacy and a nature-forward lifestyle characterized by panoramic mountain views and mature treetops.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =46173, other record lot size in square feet = 46015. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 5, other record bedroom count = 4.
Having spent over 100 days on the market with multiple price drops, the listing may carry a 'stale' perception that requires aggressive marketing to overcome.
Built in 1974, the property may necessitate higher ongoing maintenance costs for its aging systems and infrastructure compared to newer luxury developments in the region.
Experience the privacy, natural beauty, and timeless character of Monte Nido, a sought-after canyon community ideally located between Malibu and Calabasas. This move-in-ready retreat blends modern comfort with a tranquil setting, surrounded by mature trees and scenic mountain views, just minutes from beaches, hiking trails, and everyday conveniences.The thoughtfully divided property offers exceptional flexibility with expansive, usable outdoor spaces for recreation, gardening, or equine use. Gentle terrain and nearby trail access enhance the property's appeal, providing opportunities to embrace Monte Nido's unique outdoor lifestyle while allowing future owners to customize the grounds to suit their needs.Inside, warm natural finishes, abundant natural light, and an open, airy floor plan create an inviting atmosphere with seamless indoor-outdoor living. Whether you're entertaining, working from home, pursuing creative interests, or simply relaxing, this home offers a peaceful retreat in one of the Santa Monica Mountains' most desirable communities.Recently repriced, this exceptional property presents a rare opportunity to enjoy privacy, versatility, and outstanding value in one of Monte Nido's most cherished canyon settings.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 5.0 | 4.0 |
| Baths | 3.0 | 4.0 |
| Square foot | 2,335 | 3,125 |
| Lot Size | 45,999 | 11,864 |
| Price | $1.85M | $1.98M |
| Price per sq ft | $792 | $716 |
| Built year | 1974 | 1991 |
| HOA | $300.0 | $362 |
| Days on market | 154 | 56 |
May 30, 2026
$1,849,000
$2,174,000
-15% Price Drop
Initial Listing
May 2, 2026
$2,174,000
$2,297,000
-5% Price Drop
Initial Listing
Apr 24, 2026
$2,297,000
$2,349,000
-2% Price Drop
Initial Listing
Mar 12, 2026
$2,349,000
$2,425,000
-3% Price Drop
Initial Listing
Feb 18, 2026
$2,425,000
Initial Listing
Aug 2, 2001
$595,000
Public Record