5798 Penland Road, Hidden Hills, California 91302, Hidden Hills, 91302 - 5 bed, 5 bath
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Hidden Hills, California 91302
This mid-century ranch represents a High-Potential Investment Opportunity with a List Price of $4,675,000, matching its $4,675,000 Fair Market Value. Currently holding a Condition Rating of 5, the property requires a full-scale renovation to unlock its true value. The massive 1.8-acre hilltop lot features 280-degree panoramic views, a pool, and equestrian facilities within the gated Hidden Hills community. Served by the 10/10 rated Oak Park High School, this Value-Add Asset is a strategic acquisition for Luxury Developers or Custom Home Builders.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5798 Penland Road Subject | $4,675,000* List Price | 5 | 5 | 4,127 | $1,133 | - |
A 6006 Clear Valley Road Active | $4,500,000 List Price | 5 | 6 | 4,237 | $1,062 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1961 and explicitly stated to be on the market for the first time in over 50 years, this property requires substantial renovation. The description notes it needs to be 'update or re-imagine' and highlights 'Aging Infrastructure.' While the visible living areas appear well-maintained for their age, the style is distinctly mid-century and dated. The lack of recent renovations implies major systems (electrical, plumbing, HVAC) are likely original or past their expected lifespan, necessitating significant rehabilitation. Kitchen and bathrooms, though not pictured, are almost certainly original or very old and would require complete overhauls.
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.
High School: Oak Park High School (10/10).
Situated at the end of a hilltop peninsula and cul-de-sac, this property offers complete seclusion as the sole residence, a hallmark of Hidden Hills luxury.
The property, being on the market for the first time in over 50 years, explicitly requires updating or re-imagining, indicating a need for substantial modernization.
Built in 1961, the home likely retains original systems and finishes, which may necessitate costly upgrades to plumbing, electrical, and other core components.
The monthly association fee of $900 represents a notable ongoing cost for potential buyers.
For the first time in over 50 years, this mid-century 5-bedroom, 5-bathroom ranch-style home is now available for a new family to experience, update or re-imagine. This home is located at the end of the hilltop peninsula of Penland Road. As the sole residence at the end of the cul-de-sac, this home offers complete privacy and seclusion. The elevated setting provides an incredible panorama. With a 280-degree vista of the San Fernando Valley and the wide-open landscapes of Hidden Hills and Calabasas. This is a classic single story California ranch home. 4,200 sq ft. on approx. 1.8 acres, with a large pool, spa, orchard and horse corral at the lower level of the property. The vintage warmth and family friendly layout is perfect for those seeking the essence of Hidden Hills. Where urban meets rural, with ample outdoor space with miles of riding / hiking trails, including the amenities that Hidden Hills is envied for – the safety of gate-guarded entries, community center with a heated pool, sports courts, monthly social activities and the award winning Las Virgenes Unified School District. Minutes from the 101 freeway, Warner Center, Calabasas Commons and the beaches of Malibu.
No exterior & parking available.
Grades K-5 • 1.1 mi
Grades 6-8 • 3.6 mi
Grades 9-12 • 2.3 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 4.0 | 60% |
| Baths | 5.0 | 4.0 | 64% |
| Square foot | 4,127 | 2,924.5 | 68% |
| Lot Size | 80,179 | 12,308.5 | 90% |
| Price | $4.67M | $1.97M | 86% |
| Price per sq ft | $1.1K | $715 | 94% |
| Built year | 1961 | 1987 | 5% |
| HOA | $900.0 | $208 | 97% |
| Days on market | 86 | 196 | 17% |
Jan 26, 2026
$4,675,000
Initial Listing