Discovering the Most Expensive Homes in Calabasas, California: A Luxury Real Estate Haven

Calabasas, California, nestled in the scenic hills just west of Los Angeles, has become a symbol of luxury, privacy, and celebrity living. Known worldwide for its exclusive gated communities, expansive estates, and serene natural beauty, Calabasas is a top destination for discerning buyers seeking high-end real estate in Southern California.

In this blog, we explore the allure of Calabasas as a premier location for luxury homes, providing insights into some of the most expensive properties in this affluent community. Whether you're an international buyer looking to invest in the U.S. real estate market or simply curious about the lavish lifestyle in Calabasas, this guide offers a comprehensive overview.

Why Calabasas? The Global Appeal of Southern California’s Luxury Market

Calabasas is globally recognized for offering an unparalleled blend of natural beauty, world-class amenities, and a high degree of privacy—making it a preferred choice for international buyers, celebrities, and business moguls alike. The city’s secure, gated communities such as The Oaks, Hidden Hills, and Mountain Park Estates provide the exclusivity and tranquility that high-net-worth individuals seek.

As of 2024, the median home price in Calabasas is approximately $1.8 million, significantly higher than the Los Angeles County average of $860,000. However, in the luxury segment, prices often exceed $10 million, with some estates reaching up to $50 million. The average price per square foot for luxury homes in Calabasas is about $900, making it a competitive market for global investors.

Calabasas is also home to top-rated schools, upscale shopping centers, fine dining, and close proximity to iconic locations like Malibu Beach and Beverly Hills. These factors contribute to its international appeal as a top-tier real estate market.

Current Market Trends in Calabasas Luxury Real Estate

The luxury real estate market in Calabasas has seen notable trends that are important for both buyers and sellers to understand, particularly in the context of global economic shifts and local developments:

• Rising Demand for Privacy: With the increasing desire for privacy and space, there has been a growing demand for properties in gated communities like Hidden Hills and The Oaks. These areas are particularly appealing to high-profile international buyers seeking refuge from bustling city life.

• Increased Interest from International Buyers: The weak U.S. dollar against certain currencies has made Calabasas an attractive option for international investors. Buyers from Europe, Asia, and the Middle East are increasingly looking at Calabasas as a secure and luxurious place to invest in real estate.

• Steady Price Growth: Despite some fluctuations in the broader real estate market, Calabasas has continued to experience steady price growth, especially in the luxury segment. This resilience is due to the area's exclusivity, high quality of life, and limited supply of high-end homes.

• Shift Towards Sustainable Luxury: There’s a noticeable trend towards sustainability in luxury homes. Buyers are increasingly looking for properties that feature eco-friendly designs, energy-efficient systems, and smart home technology. This is particularly true among younger affluent buyers who prioritize sustainability in their purchasing decisions.

• Low Inventory, High Competition: The inventory of luxury homes in Calabasas remains low, contributing to competitive market conditions. Well-priced homes, especially those that offer unique features like panoramic views, large lots, or top-tier amenities, are often sold quickly, sometimes above asking price.

• Post-Pandemic Appeal: The COVID-19 pandemic has heightened the appeal of Calabasas, as buyers seek larger homes with more outdoor space, home offices, and wellness amenities. The shift towards remote work has made suburban areas like Calabasas more desirable, as buyers are no longer tied to urban office locations.

The Oaks: Calabasas’ Premier Gated Community

One of the most prestigious and sought-after neighborhoods in Calabasas is The Oaks, a gated community renowned for its luxury estates and high-profile residents. The Oaks offers homes that are architecturally grand, often exceeding 7,000 square feet, and situated on large, private lots.

Featured Property: A Mediterranean-inspired estate recently listed at $12 million features 6 bedrooms, 9 bathrooms, a state-of-the-art home theater, and a resort-style backyard with a pool, spa, and outdoor kitchen. Homes in The Oaks typically range from $5 million to $15 million, with the price per square foot often exceeding $1,000. This neighborhood is particularly attractive to international buyers seeking luxury homes near Los Angeles.

Hidden Hills: A Sanctuary of Luxury, Exclusivity, and Security

Adjacent to Calabasas, Hidden Hills is not just another gated community; it is an incorporated city that offers a level of exclusivity and privacy that is unmatched in the region. Behind its gates, Hidden Hills is entirely residential, with no businesses or commercial enterprises, ensuring a quiet, serene environment for its residents. The community is known for its luxurious, large-lot estates that offer a unique blend of countryside charm and sophisticated living.

This enclave is particularly popular among international buyers who value privacy, as Hidden Hills is one of the most secure communities in Southern California. The city’s gated entry points are monitored 24/7, and the entire area is patrolled by private security, providing residents with peace of mind.

The average home price in Hidden Hills is approximately $7 million, with top-tier properties reaching as high as $20 million. The price per square foot in Hidden Hills is around $1,200, reflecting the community's exclusivity and appeal to the global elite.

Featured Property: A $15 million French Normandy-style mansion in Hidden Hills features 8 bedrooms, 10 bathrooms, and amenities such as a wine cellar, fitness center, and an expansive backyard with a guesthouse and horse stables. This estate exemplifies the luxurious yet laid-back lifestyle that Hidden Hills offers, making it an ideal choice for international buyers seeking luxury real estate in Southern California.

Mountain Park Estates: Luxury with Panoramic Views

For those who value breathtaking views and expansive properties, Mountain Park Estates in Calabasas offers some of the most spectacular real estate in the region. This neighborhood is especially appealing to international buyers who appreciate both luxury and natural beauty.

Homes in Mountain Park Estates typically range from $6 million to $18 million, with an average price per square foot of approximately $950. Properties here often include extensive outdoor living spaces, ideal for entertaining guests from around the world while enjoying Southern California’s perfect climate.

Featured Property: A contemporary estate listed for $18 million sits on over 2 acres of prime land, offering 7 bedrooms, 11 bathrooms, and luxury amenities such as an infinity pool, tennis court, and a private vineyard. The home’s floor-to-ceiling windows and open-concept design make the most of the stunning views, providing a perfect retreat for those seeking a high-end, private residence in the U.S..

The Calabasas Lifestyle: Luxury Living for Global Buyers

Calabasas isn’t just a place to own a beautiful home; it’s a lifestyle destination that prioritizes comfort, privacy, and exclusivity. For international buyers, Calabasas offers a unique opportunity to invest in U.S. real estate while enjoying a lifestyle that combines luxury with the best of Southern California living.

From secure, gated communities to breathtaking properties that provide every imaginable luxury, Calabasas continues to attract those who seek the very best. Its strategic location near Los Angeles, coupled with its high-end amenities and prestigious reputation, make it a top choice for global investors and luxury homebuyers.

Final Thoughts: Investing in Calabasas Real Estate

Whether you’re an international buyer looking to invest in the U.S. or someone interested in the luxury real estate market, Calabasas provides a fascinating glimpse into the world of high-end living. With its combination of privacy, natural beauty, and top-tier amenities, Calabasas remains a premier destination for those seeking an upscale, exclusive lifestyle.