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25858 Mulholland Hwy
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$599,999

25858 Mulholland Hwy, Calabasas

76% below median
0 bd·0 ba·0 sqft
9.78 acres lot

25858 Mulholland Hwy, Calabasas, CA

0 bd · 0 ba · 0 sqft Land listed at $599,999.

About this home

Tucked away off the street in the luxury enclave of Calabasas, this 9.78-acre vacant land offering sits between Topanga Canyon Road and Las Virgenes Road in a scenic stretch of natural open space. Rolling hills, canyon views, and a backdrop of multimillion-dollar estate homes and ranches create a rare opportunity for investors, developers, or an owner-user to build a private luxury estate in a highly desirable location. Access to the property is provided by a legal easement that runs through two neighboring parcels, originally established by a former owner of all three lots. The current owner has already created a dirt road, installed drainage, and graded a flat pad leading to the parcel in preparation for a new two-story single-family home with a basement and pool (buyers to verify any and all future development with the City of Los Angeles Building & Safety). The seller also holds extensive documentation for the site, including a survey, soils report, and prior building and grading plans and permits. These materials would need to be updated to today's building codes-or replaced entirely at the buyer's discretion-and resubmitted to the City of Los Angeles for approval, offering a valuable head start on future development. Set just outside the city yet offering the feeling of being worlds away, this serene development site provides privacy, natural beauty, and tremendous potential. The area features several newer estates, including a brand-new home currently under construction across the street. The two adjacent parcel owners consider selling as well. MASSIVE PRICE REDUCTION! MUST SELL! JUST REDUCED AGAIN $300K!

What it's like to live here

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Property details

Price
$599,999
Bedrooms
0
Bathrooms
0
Lot size
9.78 acres
Type
Land
Days on market
155
Est. property tax
$4,500/yr · $375/mo · 0.75% CA avg

Estimated monthly payment

Down payment20% ($120,000)
Interest rate6.75%
Principal & Interest$3,113
Property Tax$550
Insurance$150
Total$3,813/mo

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Location

This home is located in Calabasas, CA, in the Conejo Valley area. Browse more Calabasas listings on the Calabasas market page or explore the full Calabasas market report.

Home Intelligence

Neighborhood (zip 91302)

This neighborhood is predominantly owner-occupied (72%). Median age is 43.7; 37% hold a bachelor's degree; median household income is $172,651.

Median income
$172,651
Median age
43.7
Owner-occupied
72.0%
Bachelor's degree
36.6%
Census median home value
$1,561,700

Source: US Census Bureau American Community Survey 5-year estimates.

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