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5201 Newcastle Lane, Calabasas, CA 91302

6 Bed, 6.5 Bath Single Family Home For Sale

5201 Newcastle Lane, Calabasas, CA 91302 Home For Sale - MLS #SR17126575
Off the Market
$2,895,000
6
6 Full Bath, 1 Half Bath
Single Family
Mediterranean
This listing is courtesy of Jim Pascucci from Pinnacle Estate Properties, In.

Property Description for 5201 Newcastle Lane, Calabasas, CA 91302

BIG REDUCTION! INCREDIBLE AND RARE ALMOST 33,000 SQ FT GATED AND PRIVATE LOT AT END OF CUL DE SAC, EXPANSIVE "ESTATE GROUNDS" GATED ESTATE WITHIN GATED COMMUNITY! VERY QUIET, PRIVATE AND SECURE! FIND OUT HOW to create an instant $500K+ in equity by remodeling this home. A "LIKE NEW" home on this lot and setting would easily command north of $4 million. We have bid for major remodel at $350K--YOU DO THE MATH! Comparable "NEW" home right next door in Hidden Hills would be over $10 Million! PLAN TEN, 7,078 SQ FT on 32,312 SQ FT LOT with circular motor court! THE FRONT ENTRANCE IS BEYOND WORDS with cascading waterfalls and bridge over ponds with mature palm specimens! LIKE FOUR SEASONS HOTEL! SPECTACULAR MEDITERRANEAN ELEVATION with columns and round rotunda, COMPARE TO $5 TO $6 MILLION $$$ HOMES! NEWLY REFURBISHED, NEW PAINT IN AND OUT, NEW HIGH END CARPET, double door wrought iron entrance, wrought iron staircase, newly polished marble floors, hardwood floors, plantation shutters, wood paneled family room with walk-in wet bar, separate library with hardwood floors, crown moldings, dramatic two story entrance, SIX BEDROOMS plus LIBRARY plus huge family room, SIX and ONE HALF BATHS, RESORT-LIKE HOTEL POOL with cascading waterfalls, this entire gated estate

Interior Details

7,078 sq. ft.
$409.01/sq. ft.
In; Connected & Paid; In Street Paid
Public; Water District
Turnkey; Cathedral-Vaulted Ceilings; Open Floor Plan; Recessed Lighting; Drywall Walls

Exterior Details

0.74 acres
32,312 sq. ft.
3 Garage Spaces
3

Other Details

SR17126575
1990
Tennis Courts; Gated Community Guard; Security
Association Pool; Private Pool; Filtered; Heated; Heated - Gas
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Town Description

Calabasas is an affluent city in Los Angeles County, California in the western United States. It is located in the southwestern San Fernando Valley and the Santa Monica Mountains between Topanga and...

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