4240 Lost Hills Road 2102, Calabasas, California 91301, Calabasas, 91301 - 2 bed, 3 bath

4240 Lost Hills Road 2102, Calabasas, California 91301 home-pic-0
ACTIVE$769,000
4240 Lost Hills Road 2102, Calabasas, California 91301
2Beds
3Baths
1,385Sqft
588,037Lot
Year Built
1988
Close
-
List price
$769K
Original List price
$799K
Price/Sqft
$555
HOA
$548
Days on market
-
Sold On
-
MLS number
SR25112250
Home ConditionGood
Features
ViewNeighborhood

About this home

We found 3 Cons,5 Pros. Rank: price - $769.0K(69th), sqft - 1385(69th), beds - 2(31th), baths - 3(54th).

TENANT TO STAY – GREAT INVESTMENT PROPERTY Welcome to Your Calabasas Hills Charmer! Nestled in the serene beauty of the Santa Monica Mountains, this beautifully updated 2-bedroom, 2.5-bath townhome is a rare gem in the highly sought-after, privately gated Steeplechase community of Calabasas. The open floor plan features a spacious living room with vaulted ceilings and a cozy fireplace, seamlessly connecting to the charming front patio—perfect for relaxing or entertaining. The dining area flows into a bright kitchen with updated cabinetry and modern appliances. Downstairs also includes a powder room and indoor laundry. Upgrades include waterproof vinyl flooring, recessed lighting, newer carpet, and elegant finishes throughout. Upstairs, the primary suite offers dual closets and a luxurious en-suite bath with dual sinks and a soaking tub. The second bedroom boasts its own remodeled private bath. Additional Highlights: Private 2-car garage Two community pools, spas, and clubhouse Located in the prestigious Las Virgenes Unified School District Prime location near top-rated schools, trendy dining, boutique shopping, Erewhon, recreation centers, scenic parks, and miles of hiking and biking trails. Easy access to the 101 freeway, Malibu Creek State Park, Malibu beaches, and Pepperdine University. A perfect blend of comfort, style, and location—your Calabasas dream home awaits!

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
$769,000
05/26/25
Listing
$799,000
Condition Rating
Good

Built in 1988, this property has undergone significant and recent updates, aligning with the 'Good' category's renovation timeframe of 5 to 15 years. The description highlights 'beautifully updated' interiors, 'updated cabinetry,' 'modern appliances,' 'waterproof vinyl flooring,' 'recessed lighting,' and 'newer carpet.' The kitchen features stainless steel appliances and granite-like countertops, while bathrooms are described as 'luxurious' and 'remodeled' with dual sinks and a soaking tub. These updates make the property move-in ready with no immediate renovation required, and major systems appear well-maintained, indicating a solid 'Good' condition.
Pros & Cons

Pros

Prime Location & Community: Nestled in the highly sought-after, privately gated Steeplechase community of Calabasas, offering serene beauty in the Santa Monica Mountains and excellent access to trendy dining, shopping, recreation, and the 101 freeway.
Top-Rated School District: Located within the prestigious Las Virgenes Unified School District, with highly-rated elementary, middle, and high schools nearby, making it attractive for families.
Updated Interior: The townhome features a beautifully updated interior with waterproof vinyl flooring, recessed lighting, newer carpet, updated cabinetry, modern appliances, vaulted ceilings, and elegant finishes throughout.
Investment Opportunity: Explicitly marketed as a 'GREAT INVESTMENT PROPERTY' with a tenant in place, providing immediate rental income for investors.
Desirable Amenities: The property includes a private 2-car garage and access to community amenities such as two pools, spas, and a clubhouse, enhancing lifestyle and convenience.

Cons

High HOA Fees: The monthly association fee of $548.00 is substantial and adds a significant recurring cost to homeownership, which may deter some buyers.
Tenant Occupancy: The 'TENANT TO STAY' condition means the property is not immediately available for owner-occupancy, limiting the buyer pool primarily to investors.
Recent Price Reduction: The property has undergone a price reduction from $799,000 to $769,000, which could indicate initial overpricing or slower market interest.

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