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23123 Park Terra, Calabasas, California 91302, Calabasas, 91302 - 4 bed, 5 bath

23123 Park Terra, Calabasas, California 91302 home-pic-0
ACTIVE$2,325,000
23123 Park Terra, Calabasas, California 91302
4Beds
5Baths
3,663Sqft
5,221Lot
Year Built
1989
Close
-
List price
$2.33M
Original List price
$2.33M
Price/Sqft
$635
HOA
$400
Days on market
-
Sold On
-
MLS number
SR25258966
Home ConditionGood
Features
Good View: Trees/Woods
Patio
ViewTrees/Woods

About this home

We found 3 Cons,5 Pros. Rank: price - $2.33M(57th), sqft - 3663(67th), beds - 4(50th), baths - 5(65th).

Magnificent Mediterranean Estate in the prestigious Calabasas guard gated community of Bellagio! This amazing remodeled beauty features one of the largest floor plans in Bellagio boasting a grand living room w/ high ceilings and a wall of windows for tons of natural light! Huge upstairs bonus room that can be converted to a 5th bedroom, game room, 2nd family room, etc! Gourmet kitchen w/ center island & stainless appliances opening to a spacious family room w/ fireplace & sliders leading to a private backyard w/ fabulous covered patio and mature trees! Beautiful primary suite w/ another cozy fireplace, private bath & dual sinks, huge primary closets! 3 car garage! Mostly dual pane windows! Dual HVAC units! Quiet Cul-De-Sac street! One of the best located gated communities in Calabasas....Close to Calabasas Lake, The Commons, parks, Las Virgenes Schools, Farmer Market, Starbucks and much more!!!!

Nearby schools

8/10
Chaparral Elementary School
Public,•K-5•0.9mi
6/10
Bay Laurel Elementary School
Public,•K-5•1.1mi
7/10
Alice C. Stelle Middle School
Public,•6-8•1.1mi
8/10
Calabasas High School
Public,•9-12•0.8mi

Price History

Date
Event
Price
11/12/25
Listing
$2,325,000
Condition Rating
Good
This property, built in 1989, has undergone an extensive and high-quality renovation, as described as a 'remodeled beauty.' The kitchen features modern white cabinetry, dark granite countertops, and stainless steel appliances, presenting a clean and functional aesthetic. Bathrooms, particularly the primary, are fully updated with contemporary vanities, fixtures, and clean tiling. Throughout the home, new gray wood-look flooring and fresh paint contribute to a modern, move-in ready feel. Key systems like dual HVAC units and mostly dual-pane windows have also been updated. While the core structure is 35 years old, the comprehensive and recent updates place it firmly in the 'Good' category, indicating a well-maintained home with minimal wear and tear, requiring no immediate renovations.
Pros & Cons

Pros

Prestigious Gated Community: Located in the highly desirable and guard-gated Bellagio community, offering exclusivity, security, and a prime Calabasas address.
Extensive Remodeling & Spacious Layout: This 'remodeled beauty' boasts one of the largest floor plans in Bellagio, featuring a grand living room and a gourmet kitchen with a center island and stainless appliances.
Versatile Bonus Room: A huge upstairs bonus room provides flexible space, easily convertible into a 5th bedroom, game room, or second family room to suit various needs.
Modern Comforts & Efficiency: Equipped with dual HVAC units and mostly dual-pane windows, ensuring energy efficiency and year-round comfort.
Exceptional Location & Amenities Access: Situated on a quiet cul-de-sac with convenient access to Calabasas Lake, The Commons, parks, highly-rated Las Virgenes Schools, and local conveniences like Starbucks and the Farmer's Market.

Cons

Relatively Small Lot Size: The 5,221 sqft lot size, while private, may be considered modest for a 'Magnificent Mediterranean Estate' in Calabasas, potentially limiting extensive outdoor expansion or large-scale landscaping.
Age of Core Structure: Built in 1989, despite extensive remodeling, the underlying structure and some original systems are 35 years old, which could lead to unforeseen maintenance or upgrade needs in the future.
Ongoing Association Fees: The $400 monthly association fee, while contributing to community amenities and security, represents a significant recurring cost that adds to the overall ownership expenses.

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