28927 Cove Place, Agoura Hills, California 91301, Agoura Hills, 91301 - 4 bed, 3 bath
ACTIVE$2,200,000
28927 Cove Place, Agoura Hills, California 91301
4Beds
3Baths
1,500Sqft
9,000Lot
Year Built
1940
Close
-
List price
$2.2M
Original List price
$2.4M
Price/Sqft
$1,467
HOA
$488.3
Days on market
-
Sold On
-
MLS number
25597635
Home ConditionPoor
Features
Excellent View: Canyon, Lake, Mountain(s), Panoramic, Rocks, Creek/Stream, Trees/Woods, Water
Deck
Patio
ViewCanyon, Lake, Mountain(s), Panoramic, Rocks, Creek/Stream, Trees/Woods, Water
About this home
We found 3 Cons,5 Pros. Rank: price - $2.20M(85th), sqft - 1500(9th), beds - 4(50th), baths - 3(50th).
LOCATION, LOCATION! JEWEL IN THE ROUGH! 4 Bedroom Lakefront home at Malibou Lake! New Listing featuring a Unique Private Setting with much room for Future Improvements! Includes private lake with community pool, tennis and club house! Like living in a resort amid a pristine park with miles of hiking and riding trails! Centrally located minutes to shopping, schools, freeway and the Malibu Beaches!
Nearby schools
7/10
Sumac Elementary School
Public,•K-5•3.9mi
7/10
Lindero Canyon Middle School
Public,•6-8•4.0mi
7/10
Agoura High School
Public,•9-12•3.1mi
Price History
Date
Event
Price
10/11/25
Price Change
$2,200,000-8.3%
10/02/25
Listing
$2,400,000
Condition Rating
Poor
Built in 1940, this property is described as a 'JEWEL IN THE ROUGH' with 'much room for Future Improvements,' indicating a need for substantial rehabilitation. The kitchen features very dated red laminate countertops, older white appliances (except for a possibly newer range), and worn flooring, requiring a complete renovation. The bathroom is extremely outdated with a high-tank toilet, an antique-style vanity, and rustic brick flooring, suggesting it hasn't been updated in many decades. While the structure appears sound, the critical areas of the kitchen and bathrooms are significantly behind current standards, making the property uncomfortable for modern living without major overhauls.
Pros & Cons
Pros
Prime Lakefront Location: The property boasts a unique and highly desirable lakefront position at Malibou Lake, offering direct access and a serene, private setting.
Resort-Style Community Amenities: Residents benefit from exclusive community features including a private lake, pool, tennis courts, and a clubhouse, providing a resort-like living experience.
Exceptional Natural Surroundings & Views: Nestled within a pristine park, the property offers miles of hiking and riding trails, complemented by panoramic views of the lake, mountains, canyon, and natural landscapes.
Significant Development Potential: Described as a 'jewel in the rough' with 'much room for Future Improvements,' this property offers substantial potential for customization, expansion, and value appreciation.
Convenient Accessibility: Despite its secluded feel, the location is centrally convenient, just minutes away from shopping, schools, major freeways, and the renowned Malibu Beaches.
Cons
Age and Condition (Renovation Required): Built in 1940 and explicitly marketed as a 'jewel in the rough' needing 'Future Improvements,' indicating that significant renovation and modernization costs are likely required.
High Association Fees: A monthly association fee of $488.30 adds a considerable recurring expense to the cost of homeownership, which may deter some buyers.
High Price Point for Condition: With a list price of $2.2 million for 1500 sqft, the property commands a premium, especially given its age and stated need for extensive improvements, potentially narrowing the buyer pool.