
Calabasas, California 91302
Analysis of 730 Crater Camp Drive, Calabasas, California 91302 is currently available with a list price of $2,600,000. The property maintains a Poor Condition Rating (30/100), indicating the property requires renovation and updates to maximize its market potential. This presents opportunities for value-add investors. Located in a high-demand neighborhood within the Calabasas Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for Experienced Investors and Fix-and-Flip Specialists.
Property is extensive renovation needed.
The property is currently in a non-habitable state as the main residence has been gutted for a total remodel. While the listing provides high-end architectural renderings of a future 'excellent' condition home, the current 1970s structure requires substantial rehabilitation, including the complete installation of a kitchen, bathrooms, and major systems.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 73101, living area = 2892.
The property includes Ready-to-Issue (RTI) architectural plans for a 3,500 sqft designer farmhouse and pre-purchased high-end materials, significantly reducing the lead time for construction.
This nearly 2-acre gated estate is a rare find, featuring a permitted guest house, full equestrian facilities with a barn and riding arena, and a lighted tournament-size tennis court.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 5.
The main residence is currently gutted and requires a complete transformation, meaning the property cannot be occupied immediately and requires significant additional capital investment.
As a major redevelopment project, the buyer assumes all risks associated with managing a large-scale build-out, including potential labor shortages and unforeseen site costs common in canyon terrains.
Remodel / Development Opportunity in Prestigious Monte Nido. Welcome to an exceptional offering in the highly coveted Monte Nido community, ideally positioned between Malibu and Calabasas. Tucked away in a peaceful canyon surrounded by lush natural beauty, this gated nearly 2-acre equestrian estate offers privacy, serenity, and remarkable development potential. Included with the property are ready-to-issue architectural plans for a stunning designer farmhouse-style residence of approximately 3,500 square feet, thoughtfully designed with luxury living and seamless indoor-outdoor entertaining in mind. The plans showcase expansive living spaces, a dramatic chef's kitchen with oversized island, elegant dining and living rooms with custom fireplaces, a dedicated office/library, and beautifully appointed bedrooms and spa-inspired bathrooms. Additional outdoor amenities could include a pool pavilion, lounge areas, firepit gathering space, and resort-style pool, creating the ultimate private retreat. Many high-end materials have already been purchased and are available with the sale, allowing the next owner to move forward quickly and efficiently with construction. The property also features valuable existing improvements including a permitted guest house, farm stand, barn stalls, storage shed, and riding arena, making it ideal for equestrian living. The grounds offer expansive open space and are highlighted by a full tournament-size tennis court with lighting, providing endless opportunities for recreation and entertaining.With the main house currently gutted and ready for transformation, this rare offering provides a unique chance to bring a visionary estate to life in one of Southern California's most sought-after canyon communities. A perfect opportunity for builders, developers, or end-users to create immediate equity and long-term value in Monte Nido. RTI plans available. Priced to sell.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 4.0 | 50% |
| Baths | 4.0 | 4.0 | 50% |
| Square foot | 2,892 | 2,905 | 50% |
| Lot Size | 73,101 | 12,308.5 | 89% |
| Price | $2.60M | $1.97M | 64% |
| Price per sq ft | $899 | $715 | 82% |
| Built year | 1970 | 1987 | 30% |
| HOA | $0 | $202 | 42% |
| Days on market | 44 | 195 | 3% |
Mar 9, 2026
$2,600,000
Initial Listing
Dec 1, 2022
$3,200,000
Public Record