5798 Penland Road, Hidden Hills, California 91302, Hidden Hills, 91302 - 5 bed, 5 bath
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Hidden Hills, California 91302
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.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5798 Penland Road Subject | $4,199,999* List Price | 5 | 5 | 4,127 | $1,031 | - |
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.
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.
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).
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.
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.
Built in 1961, the existing structure likely requires significant capital investment to modernize systems and finishes to meet contemporary luxury standards.
The Best Private View Lot in Hidden Hills $4,199,999. 5 Bedroom House …. $1. Situated at the pinnacle of a hilltop peninsula on Penland Road, this exceptional property offers an unparalleled opportunity for transformation. As the sole residence at the end of the cul-de-sac, this location ensures complete privacy and seclusion. This elevated setting provides an incredible panorama, encompassing a 280-degree vista of the San Fernando Valley and the wide-open landscapes of Hidden Hills and Calabasas. The existing home is a classic single story California Ranch. Five bedrooms and 4 ½ baths on approx. 1.8 acres, with a large pool, spa, orchard and horse corral at the lower level of the property. Existing house is sold “AS IS”. Sellers will make no repairs or considerations.
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 |
|---|---|---|
| Beds | 5.0 | 5.0 |
| Baths | 5.0 | 5.5 |
| Square foot | 4,127 | 3,722.5 |
| Lot Size | 80,179 | 78,602 |
| Price | $4.20M | $5.46M |
| Price per sq ft | $1.0K | $1.2K |
| Built year | 1961 | 1957 |
| HOA | $0.25 | $19.4K |
| Days on market | 9 | 222 |
Jul 13, 2026
$4,199,999
Initial Listing