625 Reithe Avenue, Calabasas, California 91302, Calabasas, 91302 - 3 bed, 2 bath

625 Reithe Avenue, Calabasas, California 91302 home-pic-0
ACTIVE$1,975,000
625 Reithe Avenue, Calabasas, California 91302
3Beds
2Baths
2,048Sqft
10,569Lot
Year Built
1975
Close
-
List price
$1.98M
Original List price
$2M
Price/Sqft
$964
HOA
-
Days on market
-
Sold On
-
MLS number
24464877
Home ConditionExcellent
Features
Good View: Mountain(s)
Deck
ViewMountain(s)

About this home

Possibly Over-Priced:The estimated price is 18% below the list price. We found 3 Cons,6 Pros. Rank: price - $1.98M(50th), sqft - 2048(13th), beds - 3(24th), baths - 2(11th).

Secluded in the cozy enclave of Monte Nido, sits this beautifully renovated and impeccably finished 3 Bed/2 Bath + office stunner. Elevated loft meets organic rustic, completing this cool laid back yet upscale mountain retreat. Upon entering the first level be welcomed by sleek stone and an idyllic soothing meditation room, featuring serene views to the tranquil side yard where native California plants and trees abound. Upstairs features the understated bespoke cafe-style kitchen, bright intimate living area, and relaxed remaining bedrooms - all boasting warm wood flooring and carefully curated natural materials and finishes. Awash with natural light, courtesy of the expansive windows and spacious deck off the living room, take in the gorgeous sunsets and sunrises over the Santa Monica Mountains and surrounding tree tops. Feel away from it all while just minutes to beloved hiking trails, Malibu beaches, shopping and more.

Nearby schools

7/10
Lupin Hill Elementary School
Public,K-55.8mi
7/10
Arthur E. Wright Middle School
Public,6-83.9mi
8/10
Calabasas High School
Public,9-125.4mi
Condition Rating
Excellent

Despite being built in 1975, the property has undergone a beautiful and extensive renovation, as stated in the description and evidenced by the images. The kitchen features modern black subway tile, wood countertops, contemporary black fixtures, and stainless steel appliances, presenting a 'bespoke cafe-style' aesthetic. Both bathrooms are impeccably updated with sleek black vessel sinks, modern black hardware, textured white subway tiles, and glass shower enclosures. The entire home boasts consistent warm wood flooring, modern light fixtures, and a fresh, cohesive design. All visible components appear new or virtually new, reflecting a high-quality, recent renovation that meets current standards.
Pros & Cons

Pros

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 = 10569, living area = 2048.
Extensive Renovation & Upscale Finishes: The property has been 'beautifully renovated and impeccably finished' with 'sleek stone,' 'warm wood flooring,' and 'carefully curated natural materials and finishes,' offering a move-in ready, high-quality living experience.
Panoramic Mountain Views & Abundant Natural Light: Features 'gorgeous sunsets and sunrises over the Santa Monica Mountains and surrounding tree tops' and is 'Awash with natural light, courtesy of the expansive windows and spacious deck.'
Secluded Monte Nido Location with Convenient Access: Situated in a 'cozy enclave of Monte Nido,' providing a 'mountain retreat' feel, yet 'just minutes to beloved hiking trails, Malibu beaches, shopping and more.'
Unique Architectural Style & Interior Design: Boasts an 'Elevated loft meets organic rustic' aesthetic, creating a 'cool laid back yet upscale' ambiance, complemented by a 'bespoke cafe-style kitchen' and a 'soothing meditation room.'
Functional Layout with Dedicated Office Space: The '3 Bed/2 Bath + office stunner' configuration provides valuable flexibility for remote work or an additional living area.

Cons

Significant Overpricing: The current listing price of $1,975,000 is 18% above the estimated property value of $1,613,446, indicating it may be significantly overpriced for the market.
Lack of Central Air Conditioning: The property description does not mention a cooling system, and comparison with a nearby property that highlights '2-zone central air and heat' suggests this home may lack central AC, a significant drawback in Calabasas's climate.
Extended Time on Market: Having been listed since November 2024 (over 6 months), the property's prolonged market presence could suggest buyer resistance due to pricing or other perceived issues.

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