4240 Lost Hills Road 1902, Calabasas, California 91301, Calabasas, 91301 - 2 bed, 3 bath

4240 Lost Hills Road 1902, Calabasas, California 91301 home-pic-0
ACTIVE$699,000
4240 Lost Hills Road 1902, Calabasas, California 91301
2Beds
3Baths
1,385Sqft
588,037Lot
Year Built
1988
Close
-
List price
$699K
Original List price
$785K
Price/Sqft
$505
HOA
$548
Days on market
-
Sold On
-
MLS number
225002532
Home ConditionFair
Features
Good View:
Patio
View-

About this home

We found 3 Cons,5 Pros. Rank: price - $699.0K(92th), sqft - 1385(85th), beds - 2(50th), baths - 3(85th).

Light and bright - Resort style living - Low HOA fee that covers your water, trash, earthquake insurance, yard maintenance, two pools/spas, GYM, playground, and exterior of home...WOW! Seller financing available plus other Seller Incentives for Buyers and Agents - call for more information! A recent APPRAISAL came in HIGHER than the current list price...it's priced to sell! This Condo is in the heart of the Steeplechase Community and once you enter, you'll notice the natural light that pours into the very spacious open concept living area. The updated kitchen has granite countertops, stainless steel appliances, and a pantry. Dine at the breakfast bar or in the dining area, where a large table can easily accommodate a big dinner party. The main living room is equally spacious and has a cozy fireplace where you can cuddle up after a long day. Get ready to expand your living space outdoors because the patio provides even more opportunities to relax and a large tree provides the shade and privacy that makes this unit so unique. The light filled staircase takes you up to the Primary Suite, private with beautiful views of the lush tree foliage. The Primary Bathroom has dual sinks, a large soaking tub, and two separate closets. Upstairs, you'll also find one more very large ensuite bedroom and additional hall cabinet storage. A direct access two car garage will make it easy to bring the groceries right into the kitchen and the downstairs laundry room is equally convenient. It's true resort style living when you have two large pools to choose from, a gym, and a neighborhood playground within the community. This condo is located near great shops, restaurants, and it's ready for you to call it home!

Nearby schools

7/10
Lupin Hill Elementary School
Public,K-51.8mi
7/10
Arthur E. Wright Middle School
Public,6-80.3mi
8/10
Calabasas High School
Public,9-124.7mi

Price History

Date
Event
Price
08/26/25
Price Change
$699,000
05/21/25
Listing
$785,000
Condition Rating
Fair

Built in 1988, this property is well-maintained but shows its age in certain areas. The kitchen has been updated with granite countertops and stainless steel appliances, which are functional and present well, likely updated within the last 10-15 years. However, the primary bathroom, with its gold-framed shower door, dated vanity, and strip lighting, is significantly outdated and would require a full renovation to meet current aesthetic standards. The flooring (hardwood/laminate and carpet) appears clean and in good condition. Overall, the home is functional and move-in ready, but the primary bathroom is a clear candidate for minor updates or a full renovation, aligning with the 'Fair' condition criteria for an aged but maintained property with outdated components.
Pros & Cons

Pros

Extensive HOA Coverage & Low Fee: The property boasts a low HOA fee that comprehensively covers water, trash, earthquake insurance, yard maintenance, exterior upkeep, and access to community amenities, offering significant value and convenience.
Resort-Style Community Amenities: Residents benefit from resort-style living with access to two large pools/spas, a fully equipped gym, and a neighborhood playground, enhancing lifestyle and recreational opportunities.
Updated Interior & Features: The condo features an updated kitchen with granite countertops and stainless steel appliances, a spacious open-concept living area with natural light, a cozy fireplace, and a primary bathroom with dual sinks and a large soaking tub.
Strong Value Proposition & Incentives: A recent appraisal came in higher than the current list price, indicating strong value. Additionally, seller financing and other incentives are available, making it an attractive purchase opportunity.
Convenient Location & Direct Access Garage: Located near great shops and restaurants, the property offers excellent accessibility. The direct access two-car garage and downstairs laundry room add significant practical convenience.

Cons

Age of Construction: Built in 1988, the property is not new construction, which may imply older underlying infrastructure or systems not explicitly mentioned as updated, potentially leading to future maintenance considerations.
Absence of Explicit Cooling System: The property description does not explicitly mention a central air conditioning system, which could be a significant drawback for comfort during Calabasas' warmer months.
Condominium Lifestyle Limitations: As a condominium, the property inherently involves shared walls, potential noise from neighbors, and adherence to HOA rules and regulations, which may limit personal freedom or customization compared to a single-family home.

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