Arthur Ambarchyan

$2,750,000

4.75 Acres

Calabasas, California, 90219

Set atop 4.75 acres of unspoiled hillside, this exceptional parcel offers a rare opportunity to design and construct a luxurious private retreat with sweeping 360-degree canyon and mountain vistas. The property was previously entitled for an 8,292 sq. ft. architectural estate, including a 1,246 sq. ft. basement, a 964 sq. ft. detached garage, a 1,057 sq. ft. private gym, and a 404 sq. ft. pool cabana—establishing a compelling framework for future development. Discreetly positioned behind a gated private road and adjacent to the newly completed Skycrest residence, a nearly 9,000 sq. ft. modern showpiece, the site presents a rare opportunity to create a bold architectural counterpart. Featuring a generous flat building pad, tranquil natural surroundings, and a history of prior approvals, the property is ideally suited for re-entitlement and custom construction. Whether developed as a singular private estate or combined with the neighboring Skycrest property to form a world-class compound, this offering represents a blank canvas ready for an extraordinary vision of luxury living.

$2,750,000

4.58 Acres

Calabasas, California, 90290

Spanning 4.57 acres of pristine hillside, this elevated parcel presents a rare opportunity to create a truly bespoke estate in a dramatic natural setting. The property was previously entitled for a 10,052 sq. ft. residence, including a 1,209 sq. ft. basement, an 822 sq. ft. detached garage, and a 1,040 sq. ft. private gym—reflecting a vision for exceptional luxury and seamless indoor-outdoor living. Positioned at the highest elevation within a private enclave and accessed via a gated private road, the site enjoys sweeping 360-degree views across the surrounding canyons and beyond. Featuring an expansive flat building pad and a tranquil, secluded environment, the property offers a compelling opportunity to re-entitle and develop a custom estate designed for both privacy and architectural presence. Whether developed as a singular statement residence or combined with the neighboring Skycrest estate to form a landmark compound, this offering represents a rare investment in scale, seclusion, and long-term value.