First time ever on the market, this custom single story home is
beautifully upgraded, light and bright, and sited on a big private
lot behind the guarded gates of Mountain Park Estates. Located on a
quiet cul de sac, near the top of the community, this 4,178 square
foot home offers a highly desirable, open floor plan with excellent
flow. As you step through the iron & glass entry doors, high
ceilings and abundant natural light welcome you into the home's
main living spaces, with all major rooms opening to the lushly
landscaped rear grounds. Highlights include a spacious, center
island kitchen with quartzite countertops, stainless steel
appliances, abundant storage, walk-in pantry, and a sunny breakfast
area, wide open to the spacious family room with stone wrapped
fireplace, custom built-in white oak cabinets and display shelves,
and a full surround sound system. Additional features include a
formal dining room and a casual living room with fireplace, also
flanked by custom, white oak cabinets and bookcases. There are 5
bedrooms, including the spacious primary suite complete with a
fireplace, large dual walk-in closets, and an all stone bath with
glass encased shower, jetted spa tub, dual vanities, and big
picture windows overlooking the very private rear grounds.
Additional amenities include wood & stone floors, plantation
shutters, fan lamps in all bedrooms, and a central vacuum system.
The beautifully manicured grounds offer a sparkling, PebbleTech
pool and spa complete with waterfalls, waterslide, sports court,
built-in barbecue center, outdoor shower, covered patio, 10 mature
fruit trees (tangerines, lemons, limes, apricots, kumquats, and
more), plus an organic vegetable garden and generous lawn area.
Offering a rare combination of comfort, privacy & outdoor
amenities, this property is not to be missed. Just a short stroll
from the home is the private park in Mtn. Park Estates that
includes acres of grass surrounded by a gentle walking path, 2
tennis courts, 2 pickleball courts, children's play equipment area,
putting green, shuffleboard court, bocce ball court, beautiful
sunsets, and more. The park also offers direct access to the Santa
Monica Mountains backbone trail system for area hikes with ocean
views. Located just minutes from several top rated public & private
schools, and close to The Commons of Calabasas shopping center,
this beautiful home has much to offer. It is available fully
furnished, including all mounted T.V.'s & electronics.
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Parking Features: Concrete, Direct Access, Driveway, Electric Vehicle Charging Station(s), Garage Faces Front, Garage, Garage Door Opener, Off Street, Paved, Private, Side By Side, Storage, DoorMulti, DrivewayLevel
Garage Spaces: 3
Interior Details
Half Bathrooms: 1
Full Bathrooms: 4
Interior Features: Beamed Ceilings, Built-in Features, Ceiling Fan(s), Crown Molding, Cathedral Ceiling(s), Central Vacuum, High Ceilings, Open Floorplan, Pantry, Stone Counters, Recessed Lighting, Storage, BreakfastArea, BlockWalls, ChairRail, SeparateFormalDiningRoom, Furnished, AllBedroomsDown, MainLevelPrimary, PrimarySuite, WalkInPantry
Appliances: Built-In Range, Double Oven, Dishwasher, Freezer, Gas Cooktop, Disposal, Gas Water Heater, Ice Maker, Microwave, Refrigerator, Range Hood, SixBurnerStove, Barbecue, HotWaterCirculator
Flooring Type: Wood
Door Features: Sliding Doors
Laundry Features: Inside, Laundry Room
Has Fireplace
Fireplace Features: Family Room, Living Room, Bedroom
Patio and Porch Features: Covered, Front Porch, Concrete
Pool Features: Heated, In Ground, Private, Salt Water, Waterfall, Pebble
Pool is Private
Lot Features: Back Yard, Cul-De-Sac, Front Yard, Garden, Sprinklers In Rear, Sprinklers In Front, Landscaped, Rectangular Lot, Lawn, LotOver40000Sqft, NearPark, SprinklersTimer, SprinklersOnSide, SprinklerSystem, Walkstreet, Yard
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