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23216 Park Esperanza, Calabasas, California 91302, Calabasas, 91302 - 4 bed, 4 bath

23216 Park Esperanza, Calabasas, California 91302 home-pic-0
ACTIVE$2,370,000
23216 Park Esperanza, Calabasas, California 91302
4Beds
4Baths
3,248Sqft
10,344Lot
Year Built
1970
Close
-
List price
$2.37M
Original List price
$2.45M
Price/Sqft
$730
HOA
$290
Days on market
-
Sold On
-
MLS number
SR25000557
Home ConditionFair
Features
Good View: Hills
Deck
Pool
Spa
Patio
ViewHills

About this home

Possibly Over-Priced:The estimated price is 34% below the list price. We found 3 Cons,5 Pros. Rank: price - $2.37M(58th), sqft - 3248(55th), beds - 4(50th), baths - 4(50th).

Calabasas Park Rustic Beauty! Nestled On A Private Cul-De-Sac, this upscale home is located just steps from the Calabasas Lake. Surrounded by lush landscaping and situated on an expansive corner lot, this home is a rare find! Featuring a fantastic gated courtyard complete with a waterfall and sitting areas, this home represents true tranquility . Inside, find soaring high ceilings and impressive beveled windows maximizing the natural flow of light throughout the home. This upscale rustic gem is complete with an elegant formal living room boasting vaulted ceilings, a stone fireplace and entrances to both the courtyard as well as the entertainer’s yard. Also find, an inviting dining room, family room featuring a bar, fireplace and is open to breakfast nook and kitchen. Conveniently located downstairs, you will also find a bedroom with is own en-suite, as well as a designated laundry room. Upstairs, there are 3 additional bedrooms. A primary suite fit for a queen- large en-suite bath, fireplace, specious walk-in closet, and a breathtaking deck overlooking the resort style yard perfect for entertaining. Featuring a large covered patio, pool, spa, exotic landscaping, built-in bbq, outdoor shower and so much more! Located in the coveted Las Virgenes school district and walking distance to the Calabasas Commons, Farmer’s Market, The Calabasas Lake, Cafes, Boutiques +++

Nearby schools

6/10
Bay Laurel Elementary School
Public,•K-5•1.1mi
7/10
Alice C. Stelle Middle School
Public,•6-8•1.3mi
8/10
Calabasas High School
Public,•9-12•1.1mi
Condition Rating
Fair
Built in 1970, this property shows signs of being well-maintained but has not undergone a full recent renovation. The kitchen features significantly outdated tiled countertops and older-style oak cabinetry, which would require a major update for most buyers. While some areas like the living room have updated wood-look tile flooring and recessed lighting, other elements such as the primary bedroom's fireplace tile and carpeting appear dated. The bathrooms, where visible, also reflect an older aesthetic. The property is functional and clean, but its age and specific outdated features place it in the 'fair' category, indicating it requires minor to moderate updates to meet current quality and style standards.
Pros & Cons

Pros

Premier Location & Accessibility: Situated on a private cul-de-sac, just steps from Calabasas Lake, and within walking distance to The Calabasas Commons, Farmer’s Market, cafes, and boutiques.
Resort-Style Outdoor Living: Features an expansive corner lot, a fantastic gated courtyard with a waterfall, and a resort-style backyard complete with a pool, spa, covered patio, built-in BBQ, and outdoor shower, ideal for entertaining.
Coveted School District: Located in the highly-rated Las Virgenes school district, a significant advantage for families seeking top-tier education.
Charming Architecture & Bright Interiors: Boasts soaring high ceilings, impressive beveled windows maximizing natural light, vaulted ceilings, and multiple fireplaces, contributing to an upscale rustic aesthetic.
Functional Floor Plan with Primary Suite: Offers a convenient downstairs en-suite bedroom and a luxurious primary suite upstairs featuring a large en-suite bath, fireplace, spacious walk-in closet, and a breathtaking deck.

Cons

Significant Valuation Discrepancy: The current listing price of $2.37M is substantially higher than the estimated property value of $1.56M, indicating a potential overvaluation or a need for a price adjustment.
Age of Construction: Built in 1970, the property, while described as 'rustic beauty,' may require updates to major systems (e.g., HVAC, electrical, plumbing, energy efficiency) to meet modern standards, which are not explicitly detailed as recent upgrades.
Ongoing Association Fees: A monthly association fee of $290 adds to the recurring costs of homeownership, which could be a consideration for some buyers.

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