ActiveResidential · sale

23691 Aster Trail

Calabasas, CA 91302

$1,360,000

  • 4 beds
  • 3 baths
  • 3,168 sq ft
  • 0.18 acres
  • Built 1998

Listed by Equity Union · MLS #SR26147199

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PROPERTY QUESTIONS & SHOWINGS

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23691 Aster Trail, Calabasas, CA 91302 · MLS #SR26147199

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A FEW THINGS TO NOTICE

What stands out.

Living spaces

A welcoming foyer opens to the main level of this 3-level custom home, where a formal living room with a cozy fireplace flows seamlessly into the dining room just off the kitchen.

Details worth a look

Framed by expansive windows and its own private balcony, the dining area captures breathtaking views, creating the perfect backdrop for everyday living and elevated entertaining.

Year built

Built in 1998.

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

THE PROPERTY

Get to know the property.

Discover One of Calabasas' Most Scenic View Homes | Perched above sweeping mountain and valley vistas, this light-filled residence offers tranquility and privacy in one of the best-kept secret enclaves of Calabasas: The Highlands. A welcoming foyer opens to the main level of this 3-level custom home, where a formal living room with a cozy fireplace flows seamlessly into the dining room just off the kitchen. Framed by expansive windows and its own private balcony, the dining area captures breathtaking views, creating the perfect backdrop for everyday living and elevated entertaining. A guest bedroom and full bath complete the entry level, offering ideal flexibility for visitors or multigenerational living. Upstairs, a graceful, curved staircase leads to two additional bedrooms and a full bath. Skylights bathe the upper level in natural light. The expansive primary suite is a true retreat, featuring massive windows with sweeping views, a private balcony, and a serene enclave perfect for yoga, reading, or a home office. The spa-inspired primary bath showcases travertine finishes, a soaking tub, a large separate shower, dual sinks, and a generous walk-in closet. The lower level features a spacious bonus room with tiled floors and sliding glass doors that open to the patio and backyard. Complete with a wet bar and charming spiral staircase, this flexible space is ideal for a rec room, creative studio, media room, or private office with its own separate entry. Throughout the home, solid hardwood maple and bamboo flooring enhance the warmth and character, while windows in nearly every room invite in natural light and frame the stunning surroundings. Outside, enjoy a spacious front porch and a large backyard with deck designed for both relaxation and gardening, all set against a backdrop of fabulous mountain and valley views. Located just off scenic Mulholland, this tranquil sanctuary offers immediate access to multiple hiking trails in the Santa Monica Mountains, while remaining minutes from shopping, dining, and everyday conveniences. The Calabasas Highlands offer the best of both worlds, blending the laid-back, nature-filled vibe of Topanga with the everyday convenience and prestige of Calabasas. Served by the acclaimed Las Virgenes Unified School District and in close proximity to Viewpoint School and Pepperdine University, this home delivers natural beauty and an exceptional lifestyle opportunity.

THE NEIGHBORHOOD

Explore the location.

23691 Aster Trail, Calabasas, CA 91302

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THE DETAILS

The details, all in one place.

Property type
Residential
Category
Residential
Year built
1998
Full baths
3
Garage spaces
2
Cooling
CentralAir
Heating
Central
Appliances
Dishwasher,GasOven,GasRange,Microwave,Refrigerator
Flooring
Bamboo,Stone,Tile,Wood
Fencing
Wood
Pool
No
Pool features
None
Spa
No
Parcel
2072015030
HOA fee
$0.00

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$5,666.67
Cap rate

Annual operating income:

HOA: No HOA cost is included because the listing source reports a $0 fee. Confirm current dues and special assessments before relying on this estimate.

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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 #SR26147199 · California Regional MLS

Listing brokerage: Equity Union
Listing agent: Tina Fanelli-Moraccini

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.