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24333 Little Valley Road, Hidden Hills, California 91302, Hidden Hills, 91302 - 5 bed, 5 bath

24333 Little Valley Road, Hidden Hills, California 91302 home-pic-0
ACTIVE$5,295,000
24333 Little Valley Road, Hidden Hills, California 91302
5Beds
5Baths
3,341Sqft
52,127Lot
Year Built
1957
Close
-
List price
$5.29M
Original List price
$5.29M
Price/Sqft
$1,585
HOA
$840
Days on market
-
Sold On
-
MLS number
24441019
Home ConditionTear down
Features
Good View: Canyon, Hills
Patio
ViewCanyon, Hills

About this home

Possibly Over-Priced:The estimated price is 10% below the list price. We found 3 Cons,7 Pros. Rank: price - $5.29M(91th), sqft - 3341(58th), beds - 5(62th), baths - 5(64th).

Welcome to Hidden Hills, the ultimate retreat for those seeking privacy, serenity, and the California dream! This 52,000+/- square foot property is nestled in one of Southern California's most exclusive gated communities, where celebrities and high-profile professionals find their haven. Hidden Hills is renowned for its equestrian-friendly environment, rustic charm, and scenic horse trails. Here, you won't find sidewalks or streetlightsjust wide open spaces, rolling hills, and endless possibilities.Whether you're an investor with a vision or someone dreaming of creating a luxurious estate, this blank canvas is ready for your imagination. Hidden Hills offers a unique lifestyle, blending suburban tranquility with California's natural beauty. Enjoy 35 miles of winding horse trails, a vibrant community theater, and a weekly Farmer's Market. For outdoor enthusiasts, nearby Ahmanson Ranch provides perfect trails for hiking and exploring. Live the Hidden Hills life style where opportunity and nature meet.

Nearby schools

8/10
Round Meadow Elementary School
Public,•K-5•1.2mi
7/10
Arthur E. Wright Middle School
Public,•6-8•3.6mi
8/10
Calabasas High School
Public,•9-12•2.8mi
10/10
Oak Park High School
Public,•9-12•6.3mi
Condition Rating
Tear down
Built in 1957, this property is explicitly described as a 'blank canvas' requiring 'substantial investment for renovation, modernization, or complete redevelopment.' The images confirm this, showcasing an extremely outdated kitchen with old cabinets and countertops, and a bathroom with very dated fixtures and tiling, indicating no major renovations in the past 50 years. The overall condition suggests the structure is beyond practical repair for modern luxury standards, and its value lies primarily in the land for a new build or complete overhaul.
Pros & Cons

Pros

High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 52127, living area = 3341.
Great Schools: High School: Oak Park High School (10/10).
Exclusive Gated Community: Located in Hidden Hills, one of Southern California's most exclusive and private gated communities, known for its high-profile residents and security.
Expansive Lot Size: The property boasts a substantial 52,127 sqft lot, offering ample space for creating a luxurious custom estate or extensive landscaping.
Equestrian-Friendly Environment: The community is renowned for its equestrian-friendly atmosphere, featuring 35 miles of scenic horse trails and rustic charm, appealing to horse enthusiasts.
Scenic Views: The property offers desirable canyon and hill views, contributing to a serene and picturesque living environment.
Top-Rated School District: Situated within the highly-regarded Las Virgenes School District, with access to top-rated schools like Calabasas High (8/10) and Round Meadow Elementary (8/10).

Cons

Significant Renovation/Development Required: Described as a 'blank canvas' with a 1957-built home, the property likely requires substantial investment for renovation, modernization, or complete redevelopment to align with luxury standards in the area.
High Monthly Association Fees: The property incurs a significant monthly association fee of $840, adding a considerable ongoing cost to ownership.
Listed Above Estimated Value: The current listing price is approximately 10% higher than the property's estimated market value, potentially indicating a premium price and less immediate equity for a buyer.

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