
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.
What if life felt a little simpler? A little more connected to nature?Welcome to Monte Nido living--where privacy, open space, and a strong sense of community remain within reach. Ideally located between Malibu and Calabasas, this sought-after canyon community is known for natural beauty, mature trees, distinctive homes, and a relaxed way of life.This move-in-ready 1970s home blends vintage character with thoughtful updates, offering scenic mountain views, abundant trees, and a peaceful connection to nature. Expansive, outdoor areas provide space for gardening, recreation, entertaining, or simply enjoying the fresh air. The setting also offers potential for horses or other large animals, while nearby trails enhance the outdoor lifestyle.A 3-car garage with laundry facilities and a substantial utility sink provides practical space for vehicles and storage for everyday projects.Inside, warm natural finishes, abundant natural light, and an open floor plan create inviting living spaces with easy indoor-outdoor flow. The kitchen features a stainless-steel center island, Wolf oven, and clean-burning propane 6-burner cooktop.A private-entry office and bathroom add flexibility for a studio, guest space, creative pursuits, or a quiet retreat. The home is equally suited to everyday living, entertaining, hobbies, and peaceful evenings at home.Located within the Las Virgenes Unified School District and close to Malibu, Calabasas, beaches, trails, shopping, dining, and commuter routes.Recently repriced, this Monte Nido home offers a rare combination of privacy, usable space, natural beauty, and everyday practicality--an inviting place to slow down, spend more time outdoors, and enjoy a simpler way of living.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 5.0 | 4.3 |
| Baths | 3.0 | 4.3 |
| Square foot | 2,335 | 3,694.816 |
| Lot Size | 45,999 | 13,977.816 |
| Price | $1.85M | $2.37M |
| Price per sq ft | $792 | $703 |
| Built year | 1974 | 1991 |
| HOA | $300.0 | $409 |
| Days on market | 203 | 63 |
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