ActiveResidential · sale

24903 Palmilla Drive

Calabasas, CA 91302

$4,295,000

  • 4 beds
  • 5 baths
  • 5,176 sq ft
  • 0.55 acres
  • Built 2004

Listed by The Agency · MLS #26985033

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PROPERTY QUESTIONS & SHOWINGS

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24903 Palmilla Drive, Calabasas, CA 91302 · MLS #26985033

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A FEW THINGS TO NOTICE

What stands out.

Living spaces

The dramatic living room is distinguished by a wood-clad ceiling and custom built-ins framing the media wall, with French doors extending the room directly to the outdoors.

Details worth a look

A private courtyard creates a gracious sense of arrival, enhanced by a fountain and a sense of quiet seclusion.

Year built

Built in 2004.

Highlights from the listing description and property details. Confirm features with the listing agent.

THE PROPERTY

Get to know the property.

This custom-built, single-level estate is defined by its scale, privacy and thoughtful craftsmanship. Encompassing 5,176 square feet on a 23,775-square-foot lot, the residence was designed around a seamless relationship between its interiors and grounds, with sweeping views across the Calabasas Country Club golf course. A private courtyard creates a gracious sense of arrival, enhanced by a fountain and a sense of quiet seclusion. Beyond the entry, soaring ceilings, abundant natural light and imported stone floors set an elegant tone. The richly appointed library features custom leather flooring, built-in bookcases and views of the courtyard. The dramatic living room is distinguished by a wood-clad ceiling and custom built-ins framing the media wall, with French doors extending the room directly to the outdoors. Designed for both everyday living and grand entertaining, the home offers a series of generous gathering spaces. A fully equipped wet bar features bar seating, a beverage refrigerator with ice maker, sink and dishwasher, while the formal dining room provides an elegant setting for more intimate occasions. At the heart of the home, the beautifully designed kitchen is anchored by a substantial island with a leathered granite countertop and a striking copper hood. High-end appliances, dual sinks, double ovens and two warming drawers are complemented by a walk-in pantry and expansive butler's pantry. An adjoining large breakfast area opens directly to the backyard, allowing daily life to flow naturally outdoors. The private primary suite is a serene retreat with hardwood floors, abundant natural light and direct access to the grounds. Two generous walk-in closets accompany a spa-like bath with dual vanities, an infinity-edge soaking tub and dual water closets. Three additional bedrooms are generously proportioned and each features an ensuite bath, with two opening directly to the front courtyard. The grounds are an integral part of the estate. An infinity pool and spa overlook the golf course, while a covered outdoor living area with fireplace, multiple seating and dining areas, built-in fire pit, lower entertaining deck, lawn and gazebo create a succession of spaces for gathering and retreat. Beyond, a producing orchard of avocado, blood orange, kumquat, orange, lemon, lime and other mature fruit trees lends a distinctive character to the property. A built-in BBQ, gated dog run and secluded seating area complete the grounds. Custom wrought iron work, three garages, a comprehensive security and camera system, speakers throughout, smart home features and owned solar further enhance the residence. Privately positioned along a street shared by just three homes within Calabasas Park Estates, the property is located within the highly regarded Las Virgenes Unified School District and moments from Calabasas' premier shopping, dining and recreation.24903 Palmilla Drive is a distinctive Calabasas estate where privacy, craftsmanship and expansive indoor-outdoor living come together in an exceptional setting.

Upcoming open houses

–12:00 am · Confirm the schedule with the listing team.

–9:00 pm · Confirm the schedule with the listing team.

THE NEIGHBORHOOD

Explore the location.

24903 Palmilla Drive, Calabasas, CA 91302

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THE DETAILS

The details, all in one place.

Property type
Residential
Category
Residential
Year built
2004
Full baths
5
Half baths
0
Garage spaces
3
Cooling
CentralAir
Heating
Central
Appliances
Barbecue,DoubleOven,Dishwasher,Disposal,Microwave,Refrigerator,RangeHood,TrashCompactor,VentedExhaustFan,WarmingDrawer,Dryer,Washer
Flooring
Carpet,Tile,Wood
Pool
Yes
Pool features
Infinity,InGround,Private
Spa
Yes
Parcel
2069059002
HOA fee frequency
Monthly
HOA fee
$395.00

Features and school information are supplied by the listing source. Confirm measurements, school assignments, HOA terms and rental restrictions before making a decision.

OWNERSHIP, WITH A PLAN

Investor outlook.

Explore this property’s rental potential with an all-cash purchase. Monthly rent starts at 5% of the purchase price per year, divided by 12. Adjust it and the other assumptions to explore your scenario.

These are planning assumptions, not a rental appraisal or a loan quote. The starting rent is a price-based estimate; a local leasing professional can help confirm market rent.

Investor outlook assumes an all-cash purchase. No mortgage payment is deducted.

Estimated monthly cash flow · cash purchase
Estimated monthly rent$17,895.83
Cap rate

Annual operating income:

HOA: Includes $395.00 per month in HOA dues, converted from the $395.00 monthly fee reported by the listing source.

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Purchase price
Rental income & operating costs

Purchase price × 5% ÷ 12. Updates with purchase price until you enter a custom rent.

Annual insurance starts at purchase price × 0.25%, rounded to the nearest available amount. Updates with purchase price until you choose another amount.A planning estimate, not an insurance quote. Adjust it for your property and coverage.

Percentages are editable examples, not ERA fee quotes. Management is applied to rent after vacancy; maintenance and capital reserves use scheduled rent. Add owner-paid utilities, mortgage insurance and other recurring expenses under other costs.

How this scenario is calculated

Annual operating income is rent after vacancy, management, maintenance, taxes, insurance, HOA and other operating costs, before financing and capital reserves. Cap rate divides annual operating income by purchase price. Estimated monthly cash flow assumes an all-cash purchase: rent after vacancy, management, maintenance, taxes, insurance, HOA, other operating costs and capital reserves. No mortgage payment is deducted. The mortgage calculator is separate; loan payments would reduce cash flow for a financed purchase. One-time acquisition costs, renovations, income taxes, depreciation and appreciation are excluded.

Mortgage payment calculator

Explore financing separately. These loan settings do not change the all-cash investor outlook.

Mortgage assumptions

20% down and 7% interest are illustrative starting values.

Estimated monthly principal & interestLoan payment only. Excludes property taxes, homeowners/flood insurance, mortgage insurance and HOA dues.

About this payment estimate

Based on a fixed-rate, fully amortizing loan with monthly payments and the price, down payment, interest rate and term you select. The interest rate is an example, not a current rate offer or APR; APR includes certain loan costs. This is an illustration, not a Loan Estimate, approval, offer of credit or commitment to lend.

Your actual payment, rate and eligibility depend on your lender, credit, loan program and property. Closing costs, points, prepaid expenses and lender fees are not included. Taxes and insurance may change, and mortgage insurance may be required, particularly with a down payment below 20%. Ask your lender for a Loan Estimate and a complete monthly payment including applicable taxes, insurance and fees.

Dollar results are rounded to the nearest cent; calculations retain precision until display. A cash purchase has no loan payment but still has ownership costs. Understand your total home payment (CFPB).

ERA PROPERTY MANAGEMENT

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Have a plan for what follows.

Considering this property as a rental? Start with the numbers, then talk through the day-to-day with a local management team.

  1. Understand the opportunity.

    Review rental pricing, property condition and your ownership goals with a local professional.

  2. Make a strong first impression.

    Bring together property preparation, professional marketing and applicant screening.

  3. Stay connected to your investment.

    Get support with rent collection, resident communication, maintenance coordination and owner reporting.

Get a local rental estimateTalk through your management needs
Stone-front home with a landscaped lawn and central entry
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Listing information

MLS #26985033 · California Regional MLS

Listing brokerage: The Agency
Listing agent: Ingrid Sacerio

Listing status: Active. Record updated . Confirm current availability and price with the listing agent.

The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. "CRMLS" and is protected by all applicable Copyright © 2023 laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional. Information deemed reliable but not guaranteed. Copyright © 2023 California Regional Multiple Listing Service, Inc. All rights reserved.