462 Cold Canyon Road, Calabasas, California 91302, Calabasas, 91302 - 5 bed, 6 bath

462 Cold Canyon Road, Calabasas, California 91302 home-pic-0
ACTIVE$4,995,000
462 Cold Canyon Road, Calabasas, California 91302
5Beds
6Baths
4,828Sqft
42,497Lot
Year Built
2007
Close
-
List price
$5M
Original List price
$5.78M
Price/Sqft
$1,035
HOA
-
Days on market
-
Sold On
-
MLS number
25513269
Home ConditionExcellent
Features
Excellent View: Canyon, Mountain(s)
Pool
Spa
Patio
ViewCanyon, Mountain(s)

About this home

Possibly Over-Priced:The estimated price is 11% below the list price. We found 3 Cons,6 Pros. Rank: price - $5.00M(88th), sqft - 4828(77th), beds - 5(63th), baths - 6(78th).

Experience unparalleled luxury and privacy in this gated Malibu Canyon estate; a beautiful retreat offering breathtaking panoramic views of the Santa Monica Mountains from every room. Situated on a fully fenced one-acre lot, the property ensures maximum security and seclusion. The open floor plan and high ceilings allow natural sunlight to flood the interior, creating a bright and airy ambiance. Gorgeous walnut hardwood flooring enhances the home's elegance, complemented by a formal dining area with a coffered ceiling and a living room centered around a stone fireplace. The family room with built-ins and a fireplace offers french doors to the backyard, seamlessly blending indoor and outdoor living spaces. The kitchen is equipped with a walk-in pantry, new quartz countertops, a new farm sink, a stylish new backsplash, a new Viking refrigerator and dishwasher, and trash compactor. A large en-suite bedroom with separate entry as well as a spacious office, powder room, mud room and laundry room complete the first floor. Upstairs, the home features four spacious en-suite bedrooms, each adorned with plantation shutters and offering stunning mountain vistas. The oversized primary suite boasts a fireplace, huge walk-in closet and majestic views of the Santa Monica Mountains. The primary bath has separated vanities, separate tub and shower and private commode. There is an additional family room as well as a built-in office/homework station on the second floor. The resort-style backyard, designed by Green Scene and featured on HGTV, has a pool with a Baja shelf, waterfall, and a 25-foot slide. The newly renovated infinity spa seats 10 and features new tile, pebble sheen, jets, and drains. Additional amenities include an outdoor sauna for eight, a 15x15 in-ground trampoline, a rose garden, a 15-foot outdoor fireplace with a sitting area, and an outdoor kitchen with a BBQ. Fitness enthusiasts will appreciate the separate dance/fitness studio, as well as the newly painted NBA 3/4 SportCourt basketball court. A private Zen meditation garden offers a tranquil retreat, and the property also features an additional six-car parking area and RV parking. Located in the special community of Monte Nido, this estate is just 5.5 miles from Malibu and its beaches, within walking distance to the renowned Backbone Trail, in the Las Virgenes School District, and is conveniently situated across the street from the fire department. This exceptional property combines luxury living with the tranquility of nature, offering an unparalleled lifestyle opportunity.

Condition Rating
Excellent

Built in 2007, this property has been meticulously maintained and recently updated in key areas. The kitchen features new quartz countertops, a new farm sink, a stylish new backsplash, and new Viking appliances, presenting a virtually new and high-end aesthetic. Bathrooms are modern and well-appointed, as seen in the images, with no signs of wear. The property boasts gorgeous walnut hardwood flooring, high ceilings, and extensive luxury outdoor amenities, including a newly renovated infinity spa. The overall condition, recent updates, and high-quality finishes throughout the interior and exterior align perfectly with the 'excellent' criteria of being extensively renovated in key areas within 5 years and showing no deferred maintenance.
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 = 42497, living area = 4828.
Exceptional Resort-Style Amenities: The property boasts an unparalleled array of luxury outdoor features, including an HGTV-featured pool with a 25-foot slide, a 10-person infinity spa, outdoor sauna, in-ground trampoline, outdoor kitchen, separate dance/fitness studio, and a 3/4 NBA SportCourt, offering comprehensive entertainment and recreation.
Panoramic Views & Seclusion: Enjoy breathtaking panoramic views of the Santa Monica Mountains from every room, complemented by a fully fenced one-acre lot that ensures maximum privacy and security within a gated estate.
Luxurious & Updated Interior: The home features an elegant interior with gorgeous walnut hardwood flooring, high ceilings, multiple fireplaces, and a recently updated kitchen equipped with new quartz countertops, Viking appliances, and a walk-in pantry.
Spacious & Functional Layout: With an open floor plan, five en-suite bedrooms (including an oversized primary suite with a huge walk-in closet), a first-floor en-suite with separate entry, and dedicated office/family spaces, the layout is highly functional for multi-generational living or a large family.
Prime Location & Community: Located in the desirable Monte Nido community, the estate offers proximity to Malibu beaches (5.5 miles), walking access to the Backbone Trail, and is zoned within the highly-rated Las Virgenes School District.

Cons

Significant Price Reduction & Valuation Gap: The property has seen a substantial price reduction from its original list price, and the current listing price remains notably higher than the estimated property value, potentially indicating overpricing or a challenging market perception.
Proximity to Fire Department: While offering a sense of security, being located directly across the street from the fire department could lead to potential noise disturbances from sirens and operational activity, impacting the desired tranquility for some buyers.
High Maintenance Costs: The extensive luxury amenities, including the elaborate pool area, outdoor kitchen, sauna, and SportCourt, will likely incur significant ongoing maintenance, utility, and upkeep costs, which could be a consideration for potential buyers.

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