$15,000,000
SOLD MAY 16, 2019

24051 Long Valley Rd Hidden Hills, CA 91302

7 Beds
9 Baths
11,850 Sq Ft
1.77 Acres

Recently Sold

$1,266 Per Sq Ft

14% Below List Price

131 Days on Market

Highlights

  • Detached Guest House
  • Barn
  • Gated with Attendant
  • Round Meadow Elementary School Rated A
  • Fitness Center
  • Home Theater

About This Home

As of April 2022

This gorgeous estate has been superbly rebuilt into a one-of-a-kind showcase of quality and true luxury living. Just completed, and beautifully finished throughout, the wide open floor plan features high volume ceilings, sliding walls of glass, and huge picture windows that flood the home with natural light. Amenities include a stellar chef's kitchen complete with built-in Espresso machine, opening to the spacious family room with fireplace, adjoining game room, custom theater, formal living & dining rooms, private study, mirrored gym & spa with steam shower & sauna, and 6 bedrooms (in main house), including the sumptuous master suite with fireplace and all stone bath. Amenities include steel & glass windows & doors, wood & stone floors, and unique custom lighting fixtures. The lushly landscaped and very private grounds include a big guest house, large zero edge pool & spa with lighted waterfall, sports court, deluxe covered BBQ center complete with space heaters and T.V., entertaining areas with fire pits, bubbling fountains, gas lanterns, 4-car garage, plus loads of additional covered parking. There so also a 4-stall barn with turnout, as well as multiple fruit and shade trees. In addition to the 11,850’ of permitted living space shown, there is another, approx. 2,300 square foot, finished room/area over the garage. This is a truly a magnificent, model sharp home and property that exemplifies fine quality & craftsmanship, sure to please the most discriminating buyer.

Last Agent to Sell the Property

Marc Shevin

Douglas Elliman of California, Inc. License #00559629 Listed on: 12/04/2018

Douglas Elliman of California, Inc.

Co-Listed By

Sara Shevin

Douglas Elliman of California, Inc. License #02038247

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $198,456

Year Built

  • Built in 1983 | Remodeled

Lot Details

  • 1.77 Acre Lot
  • Property fronts a private road
  • Split Rail Fence
  • Wrought Iron Fence
  • Landscaped
  • Corner Lot
  • Rectangular Lot
  • Level Lot
  • Sprinklers Throughout Yard
  • Wooded Lot
  • Private Yard
  • Lawn
  • Back and Front Yard
  • Property is zoned HHRAS1*

HOA Fees

  • $2 Monthly HOA Fees

Parking

  • 4 Car Attached Garage
  • 4 Carport Spaces
  • Parking Available
  • Side Facing Garage
  • Side by Side Parking
  • Garage Door Opener
  • Driveway

Home Design

  • Turnkey
  • Slab Foundation

Interior Spaces

  • 11,850 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Wet Bar
  • Built-In Features
  • Bar
  • Cathedral Ceiling
  • Family Room with Fireplace
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • Dining Room
  • Home Theater
  • Home Office
  • Game Room with Fireplace
  • Bonus Room
  • Storage
  • Laundry Room
  • Home Gym
  • Pool Views
  • Smart Home

Kitchen

  • Breakfast Area or Nook
  • Open to Family Room
  • Eat-In Kitchen
  • Double Oven
  • Gas Range
  • Free-Standing Range
  • Microwave
  • Freezer
  • Ice Maker
  • Dishwasher
  • Kitchen Island
  • Stone Countertops
  • Disposal

Flooring

  • Wood
  • Stone

Bedrooms and Bathrooms

  • 7 Bedrooms | 1 Main Level Bedroom
  • Fireplace in Primary Bedroom
  • Primary Bedroom Suite
  • Walk-In Closet
  • Dressing Area
  • Upgraded Bathroom
  • Maid or Guest Quarters
  • Stone Bathroom Countertops
  • Makeup or Vanity Space
  • Dual Vanity Sinks in Primary Bathroom
  • Private Water Closet
  • Soaking Tub
  • Multiple Shower Heads
  • Separate Shower

Pool

  • Infinity Pool
  • In Ground Spa

Outdoor Features

  • Sport Court
  • Balcony
  • Covered Patio or Porch
  • Fire Pit
  • Outdoor Grill
  • Rain Gutters

Location

  • Property is near a clubhouse
  • Property is near a park

Schools

  • Round Meadow Elementary School
  • A.E. Wright Middle School
  • Calabasas High School

Utilities

  • Zoned Heating and Cooling
  • Natural Gas Connected

Additional Features

  • Detached Guest House
  • Barn
  • Horse Property Improved

Listing and Financial Details

  • Tax Lot 15
  • Tax Tract Number 800203
  • Assessor Parcel Number 2049015021

Community Details

Overview

  • Hidden Hills H.O.A.. Association, Phone Number (818) 227-6657
  • Maintained Community

Amenities

  • Outdoor Cooking Area
  • Community Barbecue Grill
  • Picnic Area
  • Recreation Room

Recreation

  • Tennis Courts
  • Sport Court
  • Community Playground
  • Fitness Center
  • Community Pool
  • Horse Trails
  • Hiking Trails

Security

  • Gated with Attendant
  • Controlled Access

Home Details

Home Type

Single Family

Est. Annual Taxes

$198,456

Year Built

Built in 1983 | Remodeled

Lot Details

0

HOA Fees

$2 per month

Parking

4

Listing Details

  • Assessments: Yes
  • Other Phone Description: Sara Shevin
  • Other Phone Number: 818-961-7271
  • Property Attached: No
  • Road Frontage Type: Private Road
  • Road Surface Type: Paved
  • Security: Gated Community, Gated with Guard
  • View: Yes
  • Zoning: HHRAS1*
  • Property Condition: Turnkey, Updated/Remodeled
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 2049015021
  • Year Built: 1983
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 11850.00 Square Feet
  • Interior Amenities: Balcony, Bar, Built-in Features, Cathedral Ceiling(s), High Ceilings, Home Automation System, Open Floorplan, Stone Counters, Storage, Two Story Ceilings, Wet Bar
  • Stories: 2
  • Entry Location: Ground
  • Common Walls: No Common Walls
  • Flooring: Stone, Wood
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 7
  • Half Bathrooms: 2
  • Three Quarter Bathrooms: 5
  • Total Bedrooms: 7
  • Eating Area: Breakfast Nook, Dining Room, In Kitchen
  • Entry Level: 1
  • Fireplace Features: Family Room, Game Room, Living Room, Master Bedroom, Fire Pit
  • Levels: Two
  • Main Level Bathrooms: 4
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 1265.82
  • Room Type: Bonus Room, Dressing Area, Exercise Room, Family Room, Game Room, Guest/Maid's Quarters, Home Theatre, Kitchen, Laundry, Living Room, Main Floor Bedroom, Master Suite, Media Room, Office, Separate Family Room, Walk-In Closet
  • Spa Features: Private, In Ground
  • Bathroom Features: Bathtub, Shower, Double Sinks In Master Bath, Dual Shower Heads (or Multiple), Privacy Toilet Door, Separate Tub And Shower, Soaking Tub, Stone Counters, Upgraded, Vanity Area, Walk-In Shower
  • Room Kitchen Features: Kitchen Island, Kitchen Open To Family Room, Stone Counters

Exterior Features

  • Patio: Yes
  • Foundation: Slab
  • Other Structures: Barn(s), Guest House, Guest House Detached, Sport Court Private
  • Exterior Features: Barbecue Private, Rain Gutters
  • View: Pool
  • Fence: Yes
  • Fencing: Split Rail, Wrought Iron
  • Patio And Porch Features: Covered, Patio, Patio Open
  • Pool Features: Private, In Ground, Infinity
  • Pool Private: Yes
  • Spa: Yes

Garage/Parking

  • Attached Garage: Yes
  • Carport Spaces: 4.00
  • Garage Spaces: 4.00
  • Parking: Yes
  • Parking Features: Driveway, Garage, Garage Faces Side, Garage Door Opener, On Site, Oversized, Private, Side by Side
  • Total Parking Spaces: 8.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Water Connected
  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Double Oven, Free-Standing Range, Freezer, Disposal, Gas Range, Ice Maker, Microwave, Refrigerator
  • Electric: Electricity - On Property
  • Heating Type: Zoned
  • Laundry Features: Individual Room
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Zoned
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Barbecue, Outdoor Cooking Area, Picnic Area, Playground, Tennis Court(s), Sport Court, Hiking Trails, Horse Trails, Gym/Ex Room, Recreation Room, Maintenance Grounds, Guard, Controlled Access
  • Association Fee: 25.00
  • Association Fee Frequency: Annually
  • Association Name: Hidden Hills H.O.A..
  • Phone: 818-227-6657
  • Senior Community: No
  • Community Features: Horse Trails

Schools

  • School District: Las Virgenes
  • Elementary School: Round Meadow
  • Middle School: A.E. Wright
  • High School: Calabasas
  • Elementary School: Round Meadow
  • High School: Calabasas
  • Middle Or Junior School: A.E. Wright
  • Elementary School #2: ROUMEA
  • High School2: CALABA2

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Close to Clubhouse, Corner Lot, Front Yard, Horse Property Improved, Landscaped, Lawn, Level with Street, Lot Over 40000 Sqft, Rectangular Lot, Park Nearby, Sprinkler System, Sprinklers In Front, Sprinklers In Rear, Sprinklers On Side, Sprinklers Timer, Treed Lot, Walkstreet, Yard
  • Lot Size Sq Ft: 77262.00
  • Lot Size Acres: 1.7737
  • Latitude Manual: 34.16292500

Multi Family

  • Lease Considered: No
  • Lot Size Area: 77262.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 8002.03
  • Tax Lot: 15
  • Tax Tract Number: 800203

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 7, 2022
Closed on
Mar 11, 2022
Sold by
Slusher Properties-Hh Llc
Bought by
Lincoln Ave Trust and Nunes
Seller's Agent
Sandro Dazzan
The Agency
Buyer's Agent
Jordan Cohen
List Price
$21,500,000
Sold Price
$17,100,000
Premium/Discount to List
-$4,400,000
-20.47%
Current Estimated Value
$12,041,670

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$5,058,330
Avg. Annual Appreciation
-9.91%
Original Mortgage
$10,260,000
Outstanding Balance
$9,478,240
Interest Rate
2.64%
Mortgage Type
New Conventional
Estimated Equity
$2,563,430

Purchase Details

Listed on
Dec 4, 2018
Closed on
May 13, 2019
Sold by
Azad Koushan H and Esmailion Romine
Bought by
Slusher Properties Hh Llc
Seller's Agent
Marc Shevin
Douglas Elliman of California, Inc.
List Price
$17,500,000
Sold Price
$15,000,000
Premium/Discount to List
-$2,500,000
-14.29%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.57%
Original Mortgage
$14,000,000
Interest Rate
4%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Listed on
Oct 6, 2014
Closed on
Jun 19, 2015
Sold by
Knispel Lester J and Knispel Janet
Bought by
Azad Koushan H and Esmailion Romina
Seller's Agent
Jordan Cohen
RE/MAX One
Buyer's Agent
Jordan Cohen
RE/MAX One
List Price
$6,500,000
Sold Price
$4,725,000
Premium/Discount to List
-$1,775,000
-27.31%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
36.08%
Original Mortgage
$3,000,000
Interest Rate
2.75%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
May 26, 2009
Sold by
Zahn Stanley and Zahn Patricia A
Bought by
Knispel Lester J and Knispel Janet

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
5.59%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Sep 7, 1999
Sold by
Zahn Trust Zahn Stanley And Patricia Trs S An
Bought by
Zahn Stanley and Zahn Patricia A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
2.95%
Source: Public Records

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Grant Deed $17,100,000 Fidelity National Title
Grant Deed $15,000,000 California Title Company
Grant Deed $4,725,000 First American Title Company
Grant Deed $4,200,000 Fidelity National Title Co
Interfamily Deed Transfer -- American Title Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $10,260,000 New Conventional
Closed $10,260,000 New Conventional
Previous Owner $14,000,000 Future Advance Clause Open End Mortgage
Previous Owner $3,000,000 Adjustable Rate Mortgage/ARM
Previous Owner $3,000,000 Adjustable Rate Mortgage/ARM
Previous Owner $300,000 Stand Alone Second
Previous Owner $2,730,000 Purchase Money Mortgage
Previous Owner $41,632 Unknown
Previous Owner $102,430 Unknown
Previous Owner $81,507 Unknown
Previous Owner $175,000 Unknown
Previous Owner $2,600,000 Negative Amortization
Previous Owner $1,410,000 Unknown
Previous Owner $250,000 Credit Line Revolving
Previous Owner $1,400,000 Unknown
Previous Owner $1,000,000 Unknown
Previous Owner $158,790 Unknown
Previous Owner $25,000 Unknown
Previous Owner $100,000 Unknown
Previous Owner $500,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/18/2022 04/18/22 Sold $17,100,000 -14.3% $1,443 / Sq Ft
03/04/2022 03/04/22 Pending -- -- --
02/17/2022 02/17/22 Price Changed $19,950,000 -7.2% $1,684 / Sq Ft
01/07/2022 01/07/22 For Sale $21,500,000 +43.3% $1,814 / Sq Ft
05/16/2019 05/16/19 Sold $15,000,000 -14.3% $1,266 / Sq Ft
04/14/2019 04/14/19 Pending -- -- --
12/04/2018 12/04/18 For Sale $17,500,000 +270.4% $1,477 / Sq Ft
08/18/2015 08/18/15 Sold $4,725,000 -27.3% $388 / Sq Ft
06/18/2015 06/18/15 Pending -- -- --
10/06/2014 10/06/14 For Sale $6,500,000 -- $534 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $198,456 $18,146,656 $7,269,274 $10,877,382
2024 $198,456 $17,790,840 $7,126,740 $10,664,100
2023 $194,780 $17,442,000 $6,987,000 $10,455,000
2022 $174,022 $15,767,677 $6,307,071 $9,460,606
2021 $173,959 $15,458,507 $6,183,403 $9,275,104
2020 $172,045 $15,300,000 $6,120,000 $9,180,000
2019 $56,961 $5,014,207 $3,008,524 $2,005,683
2018 $56,256 $4,915,890 $2,949,534 $1,966,356
2016 $53,322 $4,725,000 $2,835,000 $1,890,000
2015 $50,811 $4,510,929 $3,157,652 $1,353,277
2014 $50,055 $4,422,567 $3,095,798 $1,326,769
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR18274728

California Regional Multiple Listing Service (CRMLS)

APN: 2049-015-021