Calabasas, located in the hills of the San Fernando Valley and nestled between Woodland Hills and Malibu, is an upscale city renowned for its luxurious homes, celebrity residents, and picturesque landscapes. Known for its gated communities, such as The Oaks and Hidden Hills, Calabasas offers an exclusive living experience that attracts high-profile individuals seeking privacy and security. The city's Mediterranean climate, with warm, dry summers and mild winters, makes it an appealing destination year-round. Calabasas boasts a variety of high-end amenities, including the Commons at Calabasas, an outdoor shopping center with upscale boutiques, dining options, and entertainment venues. The city is also home to numerous parks, hiking trails, and the scenic Mulholland Highway, providing ample opportunities for outdoor activities. Education in Calabasas is highly regarded, with top-rated schools and proximity to Pepperdine University. The community values sustainability and environmental preservation, as evidenced by its green building standards and protected open spaces. Calabasas has a rich history, highlighted by landmarks such as the Leonis Adobe Museum, which offers a glimpse into the area's 19th-century ranching history. The city's annual events, including the Calabasas Pumpkin Festival and the Fourth of July Spectacular, foster a strong sense of community among residents. With its combination of natural beauty, affluent lifestyle, and robust community spirit, Calabasas stands out as one of Southern California's most desirable places to live.
Calabasas is situated in the hills of the western San Fernando Valley, nestled between the Santa Monica Mountains and the Los Angeles city limits. This prime location places it near key areas like Malibu and Woodland Hills, providing residents with a blend of natural beauty and urban convenience. The city covers approximately 13 square miles and is characterized by its rolling hills, lush landscapes, and expansive open spaces, making it a desirable location for those seeking a tranquil yet accessible environment. Calabasas enjoys a Mediterranean climate, with warm, dry summers and mild, wet winters, which enhances its appeal as a year-round destination.
Calabasas, known for its luxurious lifestyle, scenic landscapes, and high-profile residents, continues to be one of the most desirable real estate markets in Southern California. This report provides a comprehensive analysis of the Calabasas real estate market, including current trends, property values, and future projections, using the latest data available.
As of the first quarter of 2024, the Calabasas real estate market remains robust, characterized by high demand and limited inventory. The average home price in Calabasas has reached $2.5 million, reflecting a 10% increase from the previous year. This rise in property values is driven by several factors, including the city's appeal to affluent buyers, the quality of its schools, and its proximity to Los Angeles.
The median home price in Calabasas stands at $2.2 million. This figure represents the midpoint of the market, where half of the homes are priced above this amount and half below. In comparison, the median home price in Los Angeles County is approximately $850,000, highlighting the premium that Calabasas commands.
Calabasas offers a diverse range of property types, from expansive estates in gated communities to more modest single-family homes and condominiums. Here is a breakdown of average prices by property type:
Luxury estates, particularly those in gated communities such as The Oaks and Hidden Hills, often exceed $5 million, with some properties listed upwards of $10 million.
The inventory of homes for sale in Calabasas is relatively low, with approximately 150 active listings as of the latest data. This low inventory level contributes to the competitive nature of the market, often leading to multiple offers and homes selling above the asking price.
In the past year, there were around 350 home sales in Calabasas. The average days on market (DOM) for these properties is 45 days, indicating a brisk market where homes do not stay listed for long. By comparison, the average DOM for homes in Los Angeles County is approximately 60 days.
The price per square foot in Calabasas averages $800. This metric varies significantly depending on the location and type of property. For example, homes in The Oaks or Hidden Hills typically have a higher price per square foot, often exceeding $1,000, due to their premium locations and luxury features.
Gated communities are a significant aspect of the Calabasas real estate market. These communities offer added privacy and security, which are major draws for high-net-worth individuals and celebrities. The most notable gated communities include:
Homes in these communities often feature expansive floor plans, high-end finishes, and extensive amenities such as private pools, tennis courts, and panoramic views.
Several key trends are shaping the Calabasas real estate market in 2024:
1. Increased Demand for Larger Homes
The pandemic has shifted buyer preferences towards larger homes with more space for home offices, gyms, and outdoor living areas. This trend is particularly evident in Calabasas, where properties with expansive lots and multiple amenities are in high demand.
2. Continued Popularity of Gated Communities
Gated communities remain highly sought after due to their privacy and security. The exclusivity of these areas attracts celebrities and wealthy individuals, driving up property values.
3. Rising Interest Rates
While interest rates have risen slightly, they remain historically low. However, potential future increases could impact buyer affordability and demand, particularly for higher-priced properties.
4. Limited New Construction
There is limited new construction in Calabasas, primarily due to the scarcity of available land and stringent building regulations. This limited supply of new homes contributes to the overall low inventory and upward pressure on prices.
The Calabasas real estate market is expected to remain strong in the coming years, with continued demand from high-net-worth buyers seeking luxury and exclusivity. However, several factors could influence future market dynamics:
1. Economic Conditions
Economic stability and growth are critical to sustaining the high-end real estate market. Any significant economic downturn could affect buyer confidence and spending power.
2. Interest Rates
While current interest rates are relatively low, any substantial increases could impact affordability, particularly for higher-priced homes.
3. Inventory Levels
If inventory levels remain low, competition for available homes will continue to drive up prices. Conversely, an increase in inventory, whether through resales or new construction, could moderate price growth.
4. Technological Advancements
Advances in real estate technology, including virtual tours and online transactions, could streamline the buying process and attract more out-of-state and international buyers to the Calabasas market.
Calabasas offers several investment opportunities, particularly for those looking to capitalize on the area's high demand and limited supply. Potential investment strategies include:
1. Luxury Rentals
With a high influx of affluent residents, there is a strong demand for luxury rental properties. Investing in high-end homes for lease can provide substantial returns.
2. Renovation and Resale
Purchasing older homes for renovation and resale can be profitable, particularly in desirable neighborhoods. Updated homes often command higher prices due to modern amenities and finishes.
3. Long-term Appreciation
Investing in Calabasas real estate for long-term appreciation can be a sound strategy, given the area's sustained demand and limited new construction.
The Calabasas real estate market is characterized by its high property values, strong demand, and limited inventory. The city's appeal to affluent buyers, combined with its excellent schools, safety, and proximity to Los Angeles, ensures that it remains one of Southern California's premier real estate markets. While the market faces potential challenges, such as rising interest rates and economic fluctuations, its fundamental strengths make it a resilient and attractive option for buyers and investors alike. Whether you're looking to purchase a luxury estate, invest in rental properties, or simply enjoy the high quality of life that Calabasas offers, the city's real estate market provides ample opportunities for growth and return on investment.
Calabasas boasts a robust local economy driven by a mix of retail, professional services, and high-tech industries. The Commons at Calabasas, an upscale outdoor shopping center, serves as a central economic hub, featuring high-end boutiques, restaurants, and entertainment options. The city's strategic location near major freeways and business centers in Los Angeles also makes it an attractive site for corporate offices and entrepreneurial ventures. Additionally, the presence of affluent residents supports a strong service sector, including real estate, finance, and personal services, contributing to the city's economic vitality.
Calabasas has a population of approximately 24,000 residents, characterized by a high median household income and a well-educated populace. The city is known for its affluent neighborhoods, with many residents working in professional and managerial occupations. The community is diverse, with a mix of families, young professionals, and retirees, all attracted to the area for its quality of life and amenities. The population also includes a significant number of celebrities and high-profile individuals, which contributes to the city’s reputation for exclusivity and luxury living.
Calabasas fosters a vibrant arts and culture scene, with a variety of community events, performances, and exhibitions that enrich the local lifestyle. The city hosts annual events such as the Calabasas Film Festival and the Calabasas Fine Arts Festival, which draw visitors and artists from across the region. Public art installations and cultural programs are supported by the city’s arts council, which aims to integrate artistic expression into the community’s daily life. The Leonis Adobe Museum and other historical sites also play a key role in preserving and celebrating the cultural heritage of Calabasas.
Calabasas, a city known for its affluent neighborhoods and picturesque landscapes, is also renowned for its excellent educational institutions. The city's commitment to providing top-tier education is reflected in its diverse array of public and private schools. These schools not only offer high academic standards but also provide a wealth of extracurricular activities, fostering a well-rounded educational experience. This article provides an in-depth look at the schools within Calabasas, highlighting their unique offerings and contributions to the community.
Calabasas is part of the Las Virgenes Unified School District (LVUSD), which serves several communities in the western San Fernando Valley and eastern Conejo Valley. The district is well-regarded for its high academic standards, innovative programs, and commitment to student success.
1. Calabasas High School
Calabasas High School is the primary public high school serving the city. Known for its rigorous academic programs, the school offers a variety of Advanced Placement (AP) courses and honors classes. The school’s comprehensive curriculum includes a strong emphasis on science, technology, engineering, and mathematics (STEM), as well as the arts and humanities. Extracurricular activities at Calabasas High are abundant, with numerous sports teams, clubs, and organizations that encourage student engagement and leadership.
2. A.E. Wright Middle School
A.E. Wright Middle School serves students in grades 6 through 8. The school is dedicated to creating a supportive and challenging learning environment. It offers a variety of programs designed to meet the diverse needs of its students, including gifted and talented education (GATE), special education, and English language development (ELD). The school also emphasizes character education and community service, helping students develop into well-rounded individuals.
3. Alice C. Stelle Middle School
Alice C. Stelle Middle School is another top-rated middle school in Calabasas. Known for its academic excellence, the school provides a balanced curriculum that includes advanced coursework in math and science, as well as strong programs in the arts and physical education. The school’s supportive environment encourages students to explore their interests and develop their talents through various clubs, sports, and extracurricular activities.
4. Bay Laurel Elementary School
Bay Laurel Elementary School is a cornerstone of the Calabasas educational community. Serving students from kindergarten through fifth grade, the school offers a nurturing environment where young learners can thrive. Bay Laurel is known for its strong focus on literacy and numeracy, as well as its commitment to integrating technology into the classroom. The school also provides a variety of enrichment programs, including music, art, and physical education.
5. Chaparral Elementary School
Chaparral Elementary School is another highly regarded public elementary school in Calabasas. The school’s mission is to provide a stimulating and supportive learning environment where students can achieve their full potential. Chaparral offers a comprehensive curriculum that includes core academic subjects, as well as enrichment programs in science, art, and physical education. The school also emphasizes the importance of social-emotional learning, helping students develop the skills they need to succeed both academically and personally.
6. Round Meadow Elementary School
Round Meadow Elementary School is known for its strong academic programs and supportive learning environment. The school serves students in kindergarten through fifth grade, providing a well-rounded education that includes a focus on core academic subjects, as well as enrichment opportunities in the arts, music, and physical education. Round Meadow is also committed to fostering a sense of community and belonging among its students, with numerous programs and activities designed to promote social-emotional learning and character development.
In addition to its excellent public schools, Calabasas is home to several prestigious private schools that offer alternative educational experiences for families seeking different pedagogical approaches or specialized programs.
1. Viewpoint School
Viewpoint School is a leading independent, coeducational school serving students from kindergarten through 12th grade. The school is known for its rigorous academic programs, diverse extracurricular activities, and strong emphasis on character education. Viewpoint offers a broad curriculum that includes advanced coursework in STEM, the humanities, and the arts. The school also provides numerous opportunities for students to engage in athletics, performing arts, and community service.
2. Louisville High School
Louisville High School is a private, all-girls Catholic school located in nearby Woodland Hills but serving many Calabasas families. The school is dedicated to providing a challenging and supportive educational environment that fosters academic excellence and personal growth. Louisville offers a comprehensive curriculum that includes AP courses, honors classes, and a variety of elective options. The school also emphasizes the importance of spiritual development, leadership, and community service.
3. Calabasas KinderCare
Calabasas KinderCare provides early childhood education for infants, toddlers, and preschoolers. The center’s curriculum is designed to promote cognitive, social, and emotional development through play-based learning and structured activities. KinderCare offers a safe and nurturing environment where young children can explore, learn, and grow under the guidance of experienced and caring teachers.
Calabasas also offers access to several charter schools, which provide alternative educational options with a focus on specific pedagogical approaches or curricula.
1. El Camino Real Charter High School
El Camino Real Charter High School, located in nearby Woodland Hills, is a popular choice for Calabasas families. The school offers a comprehensive curriculum with a strong emphasis on college preparation, including numerous AP courses and specialized programs in STEM, the arts, and humanities. El Camino Real is known for its academic excellence, competitive sports teams, and wide range of extracurricular activities.
2. Ivy Academia Entrepreneurial Charter School
Ivy Academia is a unique K-12 charter school that integrates entrepreneurial education into its curriculum. The school aims to develop students’ business skills and entrepreneurial mindset through project-based learning and real-world experiences. Ivy Academia offers a rigorous academic program, as well as numerous opportunities for students to participate in internships, business competitions, and community service projects.
While Calabasas does not have its own higher education institutions, it is conveniently located near several major universities and colleges that offer a wide range of undergraduate, graduate, and continuing education programs.
1. Pepperdine University
Pepperdine University, located in nearby Malibu, is a highly regarded private university that offers a variety of undergraduate and graduate programs. The university is known for its strong emphasis on academic excellence, leadership, and community service. Pepperdine’s beautiful campus, overlooking the Pacific Ocean, provides a stunning backdrop for its rigorous academic programs and vibrant student life.
2. California State University, Northridge (CSUN)
California State University, Northridge (CSUN) is a public university located in the San Fernando Valley. CSUN offers a wide range of undergraduate and graduate programs, with strong departments in business, engineering, health sciences, and the arts. The university is committed to providing accessible and affordable education, with numerous support services and resources to help students succeed.
Calabasas schools are dedicated to providing a well-rounded education that includes a variety of special programs and extracurricular activities. These programs are designed to enrich students’ educational experiences, foster their talents, and promote their personal growth.
1. STEM Programs
Many schools in Calabasas offer specialized STEM programs that provide students with advanced coursework and hands-on learning opportunities in science, technology, engineering, and mathematics. These programs often include partnerships with local businesses and universities, giving students access to cutting-edge resources and real-world experiences.
2. Arts and Music Programs
Calabasas schools also place a strong emphasis on the arts, with numerous programs in visual arts, music, theater, and dance. These programs provide students with opportunities to explore their creative talents, develop their skills, and perform in school and community events.
3. Sports and Athletics
Athletics play a significant role in the Calabasas educational experience, with many schools offering a wide range of sports teams and physical education programs. Participation in sports helps students develop teamwork, leadership, and physical fitness, while also promoting school spirit and community involvement.
4. Community Service and Leadership
Calabasas schools encourage students to engage in community service and leadership activities, helping them develop a sense of responsibility and commitment to their community. These programs often include service projects, leadership training, and opportunities for students to take on leadership roles within their schools and communities.
The schools in Calabasas offer a diverse and high-quality educational experience for students of all ages. With a mix of top-rated public schools, prestigious private schools, innovative charter schools, and access to nearby higher education institutions, Calabasas provides families with a wealth of options to meet their educational needs. The city’s commitment to academic excellence, extracurricular enrichment, and community engagement ensures that students receive a well-rounded education that prepares them for success in college, careers, and beyond.
The city's parks, community centers, and pools are integral to its charm, offering residents and visitors alike places to relax, play, and enjoy the natural beauty of the area.
Calabasas boasts a variety of public parks that cater to different recreational needs. These parks provide green spaces for relaxation, play areas for children, sports facilities, and scenic trails for walking and hiking.
1. Malibu Creek State Park
Malibu Creek State Park, while technically located just outside the city limits, is a major recreational destination for Calabasas residents. The park offers over 8,000 acres of rolling plains, oak savannas, and dramatic peaks. It's a haven for outdoor enthusiasts, featuring hiking, biking, and equestrian trails. The park is also known for its picturesque rock pools, creeks, and the famous MAS*H television show filming site.
2. De Anza Park
Juan Bautista De Anza Park is one of the most popular parks in Calabasas. Located at 3701 Lost Hills Road, the park offers extensive recreational facilities, including sports fields, playgrounds, picnic areas, and tennis courts. It's a hub of community activity, hosting numerous events and sports leagues. The park's community center includes meeting rooms and spaces for various programs and classes.
3. Gates Canyon Park
Situated at 25801 Thousand Oaks Boulevard, Gates Canyon Park is another favorite among Calabasas residents. The park features a large playground known as "Brandon's Village," which is an inclusive play area designed to accommodate children of all abilities. Other amenities include basketball courts, a fitness course, picnic areas, and walking trails. The park is known for its family-friendly atmosphere and scenic surroundings.
4. Grape Arbor Park
Grape Arbor Park, located at 5100 Parkville Road, is a charming neighborhood park ideal for quiet relaxation and family outings. It offers a children's playground, picnic areas with BBQ grills, and open grassy areas perfect for informal sports and activities. The park's serene environment and well-maintained facilities make it a popular spot for local families.
5. Creekside Park
Creekside Park, at 3655 Old Topanga Canyon Road, offers a more rustic and natural setting. This park features a small creek, picnic areas, and walking trails. It's a great place for a quiet retreat or a casual stroll. The park also hosts several community events and is a favored spot for nature enthusiasts.
6. Wild Walnut Park
Wild Walnut Park, located at 23050 Mulholland Highway, is a more recent addition to the city's park offerings. The park is known for its wide-open spaces, dog-friendly areas, and beautiful views of the surrounding hills. It includes picnic areas, trails, and space for informal sports and recreation. It's a great place for families, dog owners, and those looking to enjoy the outdoors.
Calabasas is home to several community centers that provide spaces for social gatherings, educational programs, and recreational activities. These centers are vital parts of the community, offering residents opportunities to engage in a wide range of activities.
1. Calabasas Community Center
The Calabasas Community Center, located at 27040 Malibu Hills Road, is a state-of-the-art facility offering a variety of programs and services. The center features a gymnasium, fitness center, dance studio, and multi-purpose rooms. It hosts fitness classes, sports leagues, educational workshops, and community events. The center's facilities are available for rental, making it a popular venue for private parties and community gatherings.
2. Agoura Hills/Calabasas Community Center
Though located in Agoura Hills, the Agoura Hills/Calabasas Community Center serves residents of both cities. This joint facility includes a full-size gymnasium, rock climbing wall, indoor track, fitness room, and various classrooms and meeting spaces. It offers a wide range of programs, including fitness classes, youth sports, and special events. The center is a hub of activity for families and individuals looking to stay active and engaged in the community.
Swimming is a popular activity in Calabasas, and the city provides excellent facilities for residents to enjoy aquatic recreation.
1. Calabasas Swim and Tennis Center
The Calabasas Swim and Tennis Center, located at 23400 Park Sorrento, is a premier recreational facility. It features two heated swimming pools, a fitness center, and numerous tennis courts. The center offers swim lessons, aquatic fitness classes, and recreational swimming opportunities. The facility is also home to a competitive swim team and hosts various swim meets and events. The tennis center includes both hard and clay courts, offering lessons and league play for all ages and skill levels.
2. Calabasas High School Pool
The pool at Calabasas High School, although primarily for school use, is also available to the community during certain hours. It is used for swim team practices, lessons, and public swim sessions. The pool is well-maintained and provides a convenient location for residents in the surrounding area.
Calabasas is surrounded by natural beauty, and the city has made efforts to preserve open spaces and provide residents with access to trails and natural areas.
1. Calabasas Bark Park
The Calabasas Bark Park, located at 4232 Las Virgenes Road, is a dedicated space for dogs and their owners. The park features separate areas for large and small dogs, water stations, and shaded seating areas. It’s a popular spot for dog owners to socialize and exercise their pets in a safe and friendly environment.
2. Calabasas Lake
Calabasas Lake, a private lake for residents of the Calabasas Park Homeowners Association, offers scenic beauty and tranquility. While access to the lake is restricted to association members, it provides a picturesque setting for walking and relaxing. The surrounding paths and landscaped areas are perfect for leisurely strolls and enjoying nature.
3. Santa Monica Mountains National Recreation Area
The Santa Monica Mountains National Recreation Area, located just south of Calabasas, offers extensive hiking and biking trails with stunning views of the Pacific Ocean and the surrounding mountains. Popular trails such as the Backbone Trail provide challenging hikes with rewarding vistas. This vast natural area is a favorite destination for outdoor enthusiasts seeking adventure and scenic beauty.
Calabasas is a city that values outdoor recreation and community engagement, as evidenced by its numerous parks, community centers, and pools. These facilities offer residents a wide range of recreational opportunities, from sports and fitness to social gatherings and nature exploration. Whether you're looking to play, relax, or connect with the community, Calabasas has a park or recreational facility to meet your needs. With its commitment to maintaining high-quality recreational spaces and programs, Calabasas continues to be a vibrant and desirable place to live.
Calabasas faces several challenges as it looks to the future, including managing growth while preserving its natural beauty and small-town charm. Urban development pressures, traffic congestion, and the risk of wildfires are ongoing concerns that require careful planning and management. The city is committed to sustainability and has implemented green building standards and environmental initiatives to protect its open spaces and resources. Looking ahead, Calabasas aims to balance development with conservation, ensuring that it remains a desirable place to live while addressing the needs of its growing population.
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The Calabasas zip code system—comprising 91302, 91301, and 91372—plays a significant role in defining the city's neighborhoods, services, and overall community structure. Whether you're moving to the area, considering a property investment, or simply exploring, understanding these zip codes will provide valuable insights into the Calabasas lifestyle.
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Calabasas is taking a significant step forward in emergency preparedness with the launch of its new Mobile Emergency Operations Center (EOC). This fully equipped trailer is designed to ensure that city operations can continue seamlessly during emergencies, even if City Hall is compromised.
In an event that underscores the sense of community and unity in Calabasas, Mayor Alicia Weintraub is set to be honored by Chabad of Calabasas at their prestigious gala fundraiser. This recognition not only highlights the Mayor's contributions but also galvanizes the local community towards collective support and celebration.
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