715 Crater Camp Drive, Calabasas, California 91302, Calabasas, 91302 - 5 bed, 8 bath

715 Crater Camp Drive, Calabasas, California 91302 home-pic-0
ACTIVE$14,995,000
715 Crater Camp Drive, Calabasas, California 91302
5Beds
8Baths
7,500Sqft
821,870Lot
Year Built
2003
Close
-
List price
$14.99M
Original List price
$16.5M
Price/Sqft
$1,999
HOA
-
Days on market
-
Sold On
-
MLS number
24457143
Home ConditionGood
Features
Good View: Mountain(s), Orchard, Pool
Pool
Patio
ViewMountain(s), Orchard, Pool

About this home

We found 3 Cons,6 Pros. Rank: price - $14.99M(99th), sqft - 7500(97th), beds - 5(63th), baths - 8(96th).

Oaktree Ranch is a stunning 19-acre equestrian estate conveniently located just 10 minutes from the Malibu business district and the 101 freeway. Upon entering the gated estate, you'll be greeted by a meandering road that winds through towering oak trees, leading to the Mark Rios-designed manor house. The sumptuous primary suite is located alone on the second floor and features an office, two state-of-the-art bathrooms, and two spacious closets. Two additional bedrooms with ensuite bathrooms are located on the main level, along with a gym, office, living room, dining room, and fully equipped kitchen. Outdoor amenities include a swimming pool with a cabana and BBQ area, and a lighted tennis court, perfect for enjoying the beautiful California weather. For those with an equestrian passion, there is an 8-horse stable with a stable manager's office, two corrals, a chicken coop, a pigeon coop, goats, ducks, and ponies. At the entry to the property, there is a 4-bedroom guest house or caretaker's home, providing additional space for visitors or staff. Oaktree Ranch offers the ultimate equestrian estate experience for those seeking privacy, tranquility, and a connection to nature, while still being in close proximity to the community. It's the perfect retreat for those wanting to get away from it all while enjoying the best of both worlds.

Price History

Date
Event
Price
11/04/25
Price Change
$14,995,000-9.1%
11/07/24
Listing
$16,500,000
Condition Rating
Good

Built in 2003, this property is 21 years old. However, the description highlights 'state-of-the-art bathrooms' and a 'fully equipped kitchen,' which is strongly supported by the images. The kitchen features high-end, professional-grade stainless steel appliances and custom wood cabinetry, all appearing in excellent condition. The primary bathroom showcases modern fixtures, a glass-enclosed shower, and contemporary finishes, indicating recent updates. The overall interior, with its extensive use of high-quality wood and wide plank flooring, is meticulously maintained. While not newly built or extensively renovated within the last 5 years to be considered 'Excellent' across all components, the significant, high-quality updates to key areas like the kitchen and bathrooms, combined with exceptional maintenance, place it firmly in the 'Good' category as move-in ready with minimal wear and modern functionality.
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 = 821870, living area = 7500.
Expansive Equestrian Estate: A rare 19-acre property featuring an 8-horse stable, two corrals, and various animal coops, catering to a dedicated equestrian lifestyle.
Luxury Amenities & Design: Boasts a Mark Rios-designed manor house, a sumptuous primary suite with dual state-of-the-art bathrooms, a gym, swimming pool with cabana, and a lighted tennis court, offering a high-end living experience.
Privacy & Strategic Location: A gated estate offering ultimate privacy and tranquility amidst towering oak trees, yet conveniently located just 10 minutes from the Malibu business district and the 101 freeway.
Dedicated Guest/Staff Accommodations: Includes a separate 4-bedroom guest house or caretaker's home, providing ample space for visitors or on-site staff.
Desirable Views & Setting: Offers picturesque views of mountains, orchards, and the pool area, enhancing the estate's serene and natural ambiance.

Cons

Niche Market Appeal: The specialized nature as an equestrian estate significantly narrows the potential buyer pool, potentially extending market time.
High Operating & Maintenance Costs: The extensive acreage and numerous luxury amenities, including equestrian facilities, imply substantial ongoing maintenance, utility, and potential staffing expenses.
Significant Price Adjustment: A recent price reduction from $16.5M to $14.995M suggests the initial pricing may have been overly ambitious or that the property has faced challenges in attracting offers at its previous price point.

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