5798 Penland Road, Hidden Hills, California 91302, Hidden Hills, 91302 - 5 bed, 5 bath
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5798 Penland Road
Hidden Hills, California 91302
ACTIVE
CONDITION: TEAR DOWN
5Beds
5Baths
4,127Sq Ft
80,179Lot Size
Property Price
LIST PRICE$4,199,999
EST. MARKET VALUE
$4,278,228
SUMMARY
This property presents a High-Potential Investment Opportunity with a List Price of $4,199,999—positioned well below the $4,255,200 Fair Market Value by 1%. This valuation gap offers $55,201 in Instant Equity. Featuring a Condition Rating of 6, the home requires significant modernization, yet the 1.8-acre hilltop lot with 280-degree panoramic views provides an unmatched canvas for a luxury estate. Located in the Las Virgenes school district, this is a premier acquisition for Luxury Developers or Custom Home Builders.
Estimated Market Value
$4,278,228
Based on Realkey algorithm analyzing recent comparable sales in Hidden Hills.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5798 Penland Road Subject | $4,199,999* List Price | 5 | 5 | 4,127 | $1,037 | - |
A 6006 Clear Valley Road Sold | $4,059,000 | 5 | 6 | 4,237 | $958 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Tear down
TeardownExcellent
Property is land value only, full reconstruction required.
Built in 1961 and over 60 years old with no recorded renovations. The listing explicitly markets the property as a 'transformation' opportunity, pricing the house at $1 and the land at over $4 million, indicating the value is strictly in the lot.
PROSSTRENGTHS & OPPORTUNITIES
- High Available Lot Utilization
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 80179, living area = 4127.
- Great Schools
High School: Oak Park High School (10/10).
- Exceptional Privacy and Location
Positioned at the pinnacle of a hilltop peninsula at the end of a cul-de-sac, this property offers unparalleled seclusion and exclusivity within the prestigious Hidden Hills community.
CONSRISKS & DEFICIENCIES
- Strict 'As-Is' Condition
The property is sold strictly in its current state with no seller repairs or credits, necessitating a buyer prepared for a major renovation or total redevelopment.
- Dated 1961 Infrastructure
Built in 1961, the existing structure likely requires significant capital investment to modernize systems and finishes to meet contemporary luxury standards.
About 5798 Penland Road
HIDDEN HILLS STARTER / DEVELOPMENT HOME Have you always dreamed of living the Hidden Hills lifestyle? Large lot homes with room for horses and miles of riding & hiking trails? An exclusive gate-guarded community in a pastoral setting within reach of the ocean and the city? A family friendly community in the Las Virgenes School District? This Hidden Hills original has 5 bedrooms and 4 1/2 bathrooms on a 1.8 acre lot with breathtaking views of the city lights and the wide open spaces of Hidden Hills & Calabasas. With some cosmetic refreshes or a complete reimagining, you could have the home of your dreams in the exclusive enclave of Hidden Hills. Existing house is sold “AS IS”. Sellers will make no repairs or considerations.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1961
- Lot Size
- 80,179 Sq. Ft.
Interior
- Total Bedrooms
- 5
- Total Bathrooms
- 5 (5 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0.25 / Month
Neighborhood Insights
Hidden Hills Unified Schools
Round Meadow Elementary School
Grades K-5 • 1.1 mi
8/10
Arthur E. Wright Middle School
Grades 6-8 • 3.6 mi
7/10
Calabasas High School
Grades 9-12 • 2.3 mi
8/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 5.0 | 4.8 |
| Baths | 5.0 | 5.2 |
| Square foot | 4,127 | 3,736.2 |
| Lot Size | 80,179 | 73,501.4 |
| Price | $4.20M | $5.23M |
| Price per sq ft | $1.0K | $1.2K |
| Built year | 1961 | 1958 |
| HOA | $0.25 | $15.9K |
| Days on market | 58 | 236 |
Pricing History
Listed for Sale
Jul 13, 2026
$4,199,999
Initial Listing