See Home Value
Los Angeles 91302
5155 Old Scandia Lane
$6,865,503*
House - Off Market

5155 Old Scandia Lane

Calabasas, CA 91302
bedrooms
2 Beds
bathrooms
2 Baths
square feet
783 Sqft
$5,400,000 - $6,598,000
Reference Base Price*
14.44%
Since Sep 1, 2021
National-US
Primary Model
Sold Dec 26, 2023
$6,100,000

About This Property

$5,999,000 is the minimum offering price.  The home of Far West Farms shares property lines with Hidden Hills and Hidden Hills West.   Located in Calabasas's heart, within two minutes from the 101 FWY, and close to the Commons lies 6.2 naturally pristine acres (including APN # 2049-029-114) where Far West Farms has operated for over 50 years.  Development opportunities based on preliminary research and investigations are available to Buyers upon request. Outside of the equestrian community, this expansive property remains a secret gem, an homage, and a reflection of Calabasas many years ago. FWF is one of the oldest and most successful privately-owned equestrian facilities specializing in Hunters, Jumpers, and Equitation; revered for consistently training award-winning equestrians, locally, regionally, and nationally.  Far West Farms is a cornerstone of the West Coast Horse Show Industry.  Amenities include but are not limited to:  Three arenas with viewing pavilions (upper arena, 133' x 300', middle ring 130'x 208', the riding school arena 145' x 171'), stalls for approximately 72 horses, two corrals/turnouts, numerous storage areas, a rehabilitation room, shoeing area, wash racks, tack rooms, grooming areas, restrooms, camp room, main reception office, and additional office space, housing structure, reclaimed water line, and a medication storage room.  The land/property is mainly flat and usable, albeit with three gentle elevations from one section to another.

The manager has listed the unit size as 783 square feet.
Unit Size
783Ft²
Days on Market
-
Land Size
5.12 acres
Price per sqft
$7,662
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1981

Price History

Date / Event Date Event Price
Dec 26, 2023 Sold $6,100,000
Sold
Aug 20, 2021 No longer available -
No longer available
Sep 18, 2020 Listed $5,999,000
Listed
Aug 20, 2020 Listed $5,999,000
Listed
Minimum Offering Price of $5,999,000. An unprecedented offering, 6.2 acres (home of Far West Farms) is nestled in the heart of Calabasas sharing property lines with Hidden Hills and Hidden Hills West. This secret gem, 2 minutes from the 101 FWY and close to the Commons has operated as an equestrian facility for over 50 years, one of the oldest and most successful privately-owned equestrian facilities on the West Coast. Amenities include but are not limited to: Three arenas (upper arena…

Property Highlights

Air Conditioning
Parking Available
With View

Building Info

Overview

    General

  • Year Built: 1981
  • Effective Year Built: 1981
  • Building Count: 1
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Quality: B
  • Construction Type: Wood
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 223,197
  • Total Building Area: 783
  • Gross Building Area: 783
  • Building Area: 783
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 783
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Vacant
  • Land Acres: 5.124
  • Standard Land Use Code: Recreational-vacant land
  • County Land Use Code: Heavy industrial (general)
  • Legal Description 1: LOT COM S 89 53' W 1002.31 FT AND N 0 05'38 E 669.19 FT FROM CENTER OF SEC 22T 1N R 17W TH N 0 05'38 E 669.19 FT TH N 89 54'30 W 334.22 FT TH S 0 05'20 W 669.12 FT TH E TO BEG PART OF SE 1/4 OF NW 1/4 OF SEC 22 T 1N R 17W

Ownership

  • Current Owner : CALABASAS PB LAND LLC
  • Previous Owner : NICHOLAS P KARAZISSIS SEPARATE PROPERTY
  • Ownership Rights Codes: unknown
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Las Virgenes Unified School District
  • Census Tract: 800206

Zoning

  • Zoning: HHR-A-S*

Geography

  • Assessors Map Reference: 100-D3
  • Parcel: 2049-022-031
  • Lot: 22
  • Meridian: SEC 22 TWN 01N RNG 17W
  • Municipality: NORTH /STHWEST VALLEY
  • Latitude: 34.158
  • Longitude: -118.654

    Address

  • Full Address: 5155 Old Scandia Ln
  • Address - House Number: 5155
  • Address - Street Name: Old Scandia
  • Address - Suffix Type: Ln
  • State: CA
  • City Name: Calabasas
  • Carrier Code: C013
  • 4-Digit Zip Code: 2510
  • Zip Code: 91302

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $7,700
  • Tax Rate Code Area: 15-159

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $497,852
  • Assessed Land Value: $247,357
  • Assessed Improvements Value: $250,495

    Sales

  • Current Sale Contract Date: Nov 29, 2023
  • Current Sale Recording Date: Dec 26, 2023
  • Current Sale Transaction ID: 11918373272
  • Current Sale Price: $6,100,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 905273



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
5 Beds
6 Baths
4,610 ft²
$1,235/ft²
$5,695,000 Nov 14, 2022
-
$0/mo

About Los Angeles


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Frequently Asked Questions

When was property at 5155 Old Scandia Lane built and last sold?
The property at 5155 Old Scandia Lane was built in 1981 and last sold on Nov 29, 2023 for $6,100,000.
How much is this home worth?
The estimated value of the home located at 5155 Old Scandia Lane is $5,782,640.
What are some comparable homes to 5155 Old Scandia Lane?
There are currently no comparable homes to 5155 Old Scandia Lane.

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