24910 John Fremont Road, Hidden Hills, California 91302, Hidden Hills, 91302 - 5 bed, 3 bath

24910 John Fremont Road, Hidden Hills, California 91302 home-pic-0
ACTIVE$4,990,000
24910 John Fremont Road, Hidden Hills, California 91302
5Beds
3Baths
2,859Sqft
57,704Lot
Year Built
1965
Close
-
List price
$4.99M
Original List price
$4.99M
Price/Sqft
$1,745
HOA
$25
Days on market
-
Sold On
-
MLS number
24430657
Home ConditionPoor
Features
Patio
View-

About this home

Possibly Over-Priced:The estimated price is 12% below the list price. We found 3 Cons,5 Pros. Rank: price - $4.99M(88th), sqft - 2859(47th), beds - 5(63th), baths - 3(49th).

Nestled within the much sought after gated community of Hidden Hills. This 5 bedroom, 3 bath original ranch-style residence and adjacent lot are situated on a quiet cul-de-sac street offering a rare opportunity for those with a vision to create their dream home. Whether you're a developer looking to craft a luxurious masterpiece or an end-user with an eye for potential, this property offers a blank canvas for transformation. Hidden Hills is celebrated for its suburban tranquility and California charm, making it one of Southern California's most coveted gated communities. Whether you choose to embrace it's original charm or reimagine it entirely, this property is a true hidden gem with endless potential. Embrace the chance to bring new life to a property in one of Southern California's most desirable communities. Hidden Hills offers 35 miles of winding horse trails, riding arenas, tennis courts and a community theater; the possibilities for recreation and enjoyment are endless. Beyond the gates, further outdoor adventure awaits on the trails of Ahmanson Ranch, perfect for hiking and exploring the natural beauty of the region. In addition to its peaceful setting, Hidden Hills is located in close proximity to upscale boutique shopping, five-star eateries, and provides an easy commute to the beautiful beaches of Malibu. Included in the sale is an adjacent vacant lot. The primary lot (APN 2049-026-035) measures 57,673 Sq. Ft . Adjacent vacant lot (APN 2049-026-05) measures 49,471 Sq. Ft. Total for both APN's is 107,244 Sq. Ft. per tax assessor.

Nearby schools

8/10
Round Meadow Elementary School
Public,K-50.9mi
7/10
Arthur E. Wright Middle School
Public,6-82.8mi
8/10
Calabasas High School
Public,9-123.3mi
10/10
Oak Park High School
Public,9-125.5mi

Price History

Date
Event
Price
09/07/24
Listing
$4,990,000
Condition Rating
Poor

Built in 1965, this 'original ranch-style residence' is presented as a 'blank canvas for transformation,' indicating a need for extensive renovation. Images reveal a severely outdated kitchen with original wood cabinets, tile countertops, and old appliances, along with dated bathrooms featuring heavy tiling and old fixtures. Crucially, the main living areas and kitchen have missing flooring, exposing the subfloor, rendering the property very uncomfortable and practically unlivable in its current state. While not explicitly stated as structurally unsound, the property requires substantial repairs and rehabilitation, including likely extensive system replacements, aligning perfectly with the 'poor' condition criteria.
Pros & Cons

Pros

Prime Location & Exclusivity: Nestled within the highly sought-after and prestigious gated community of Hidden Hills, known for its suburban tranquility and desirability.
Significant Development Potential: Includes an adjacent vacant lot, totaling over 107,000 sq. ft. (2.46 acres), offering a rare 'blank canvas' for developers or end-users to create a luxurious masterpiece.
Exceptional Community Amenities: Hidden Hills provides extensive recreational opportunities including 35 miles of horse trails, riding arenas, tennis courts, and a community theater.
Quiet Cul-de-Sac Setting: The property is situated on a quiet cul-de-sac street, enhancing privacy and a peaceful living environment.
Proximity to Upscale Amenities & Nature: Conveniently located near upscale boutique shopping, five-star eateries, Malibu beaches, and outdoor adventures at Ahmanson Ranch.

Cons

Original Condition & Age: Built in 1965, the residence is an 'original ranch-style' home, indicating it is likely dated and requires significant renovation or a complete rebuild to meet modern luxury standards.
Substantial Additional Investment Required: Given its 'original' condition and designation as a 'blank canvas,' buyers should anticipate a significant additional investment for renovation or new construction beyond the initial purchase price.
Lack of Noted Views: The property description does not highlight any specific views, which can be a significant value driver in high-end Southern California real estate and may limit its appeal compared to properties with panoramic vistas.

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