
Camarillo, California 93010
Analysis of 85 Crestview, Camarillo, California 93010 is currently available with a list price of $4,995,000. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. Located in a high-demand neighborhood within the Camarillo Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Property is new construction or fully renovated.
Although originally built in 1989, the estate has undergone extensive high-end renovations to function as a premier luxury event venue. The property features a gourmet kitchen with modern stainless steel appliances, updated crystal chandeliers, and high-quality hardwood and tile flooring throughout. The bathrooms and living spaces reflect contemporary luxury styles, and the exterior infrastructure—including the resort-style pool, dining pavilion, and manicured grounds—appears virtually new with no signs of deferred maintenance.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 147232, living area = 11141.
High School: Rancho Campana High (9/10).
The property operates as a premier event venue with a proven track record of over 300 monthly inquiries, offering multiple revenue streams from weddings, corporate retreats, and film productions with a projected net income exceeding $4 million.
The offering is for co-ownership (up to 50%), which may complicate traditional financing and deter buyers looking for fee-simple, sole ownership of a primary residence.
While marketed as passive income, the high-volume event model and proposed private membership club require specialized management and may face regulatory or zoning scrutiny typical of commercial operations in residential areas.
Co-Ownership in The Colony Estate, a rare opportunity to own a world-class property while generating substantial passive income. Perfectly situated between Los Angeles, Santa Barbara, and Malibu, this privately gated 3.38-acre estate functions as a top-tier event venue, attracting over 300 qualified event inquiries per month—all with limited marketing and significant upside. Investors can acquire up to 50% ownership and share in potential NET income that will easily exceed $4 million annually from weddings, corporate retreats, private events, film productions, and more. In addition to rental revenue currently averaging $15,000+ per event, the estate also generates additional income through referrals to food & beverage companies, rentals and other third-party vendor partnerships, creating a simple and scalable revenue model without significant operational costs and complexity. In addition, the owner is considering a private membership club with the potential to generate an additional $2.5 million in NET income. Key Investment Highlights: High Inquiry Volume: Over 300 monthly event inquiries and growing. Multiple Income Streams: Venue fees, luxury accommodations, food & beverage share, and third-party rentals. Event-Ready Infrastructure: Private and gated, dedicated spaces for everything, bridal suite/guest house, dining pavilion, dedicated event spaces, 3rd-floor speakeasy in development and off-site parking. Dual Use: Enjoy the estate personally and monetize when not in use. Property Features: 11,141 sq. ft. of refined living and event space across three buildings on almost 3.5 acres Palatial colonial-style main residence with 35-foot entry ceilings, library, gourmet kitchen, formal dining room, and expansive entertainment areas 3,000+ sq. ft. open third level ideal for after-hours gatherings provided at an additional fee to clients Private bridal suite/guest house with kitchen and bath Architecturally stunning dining pavilion with full kitchen, pizza oven, indoor BBQ, and pocket doors Resort-style amenities: wraparound patios, massive pool, spa, sauna, fire pit, fountain, and 9-car garage Additional conveniences: RV parking, horse-friendly zoning, and ample space for large-scale events Located just 7 minutes from a private airport and near the prestigious Spanish Hills Club, The Colony Estate presents a unique blend of personal luxury and compelling investment performance.
No exterior & parking available.
Grades K-5 • 0.5 mi
Grades K-5 • 1.6 mi
Grades 6-8 • 1.2 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 7.0 | 4.0 | 99% |
| Baths | 8.0 | 3.0 | 99% |
| Square foot | 11,141 | 2,023 | 99% |
| Lot Size | 147,232 | 7,602 | 98% |
| Price | $5.00M | $975.5K | 99% |
| Price per sq ft | $448 | $508 | 20% |
| Built year | 1989 | 1973 | 71% |
| HOA | $0 | $0 | 50% |
| Days on market | 176 | 166 | 57% |
Oct 28, 2025
$4,995,000
Initial Listing