Mike Watson, Realtor

Mike Watson

Call or Text(661) 733-2196
ActiveSingleFamilyResidence

2171 Mckain Street

Calabasas, CA, 91302

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$2,495,000

MLS: 26662939

Beds

2

Baths

2

Sq Ft

2,240

Lot

2.23 ac

Year Built

1977

MLS #

26662939

Days on Market

30

Listed

Mar 17, 2026

Description

Set behind gates on 2.23 usable acres along the coveted Mulholland Corridor, this 2-bedroom, 2-bathroom home with a den offers approximately 2,240 square feet of flexible living space with potential to create additional bedrooms. The expansive layout provides an ideal opportunity for buyers looking to update, reimagine, or expand the residence.The flat, open acreage is surrounded by mature landscaping, mountain views, and exceptional privacy, creating a peaceful rural setting just minutes from town. The property offers numerous possibilities, including expanding the main residence, adding a guest house, developing a private compound, or creating a full equestrian setup with barn and riding arena.Located between Malibu and Calabasas, the home offers easy access to scenic hiking and riding trails, Malibu's beaches via Malibu Canyon, and the shops and restaurants at The Commons at Calabasas, including Erewhon. The property is also within the highly regarded Las Virgenes Unified School District and near Viewpoint School.With rare usable acreage, privacy, and expansion potential in one of the area's most desirable rural enclaves, 2171 McKain Street presents a unique opportunity to create a private ranch estate or modern retreat.

Location

Calabasas, Los Angeles County, CA 91302

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Listed by: Holly Hatch · Coldwell Banker Realty

Payment estimate

$17,631

/ month (est.)

Principal, interest, taxes, and insurance + PMI. Down payment: $249,500 · Loan: $2,245,500

%
Principal & Interest
$13,797
Property tax (1.25%)
$2,599
Homeowners insurance
$300
Mortgage insurance
$936
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Login required. The full tool supports FHA / VA / USDA, PMI by credit tier, lender fees, and total cash to close — with your inputs here carried over.

Today's Rates

As of Apr 23, 2026

30-year fixed
6.23%
15-year fixed
5.58%

Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.

Financing Options

FHA Financing — 3.5% Down

First-time and repeat buyers can purchase this Calabasas home with as little as 3.5% down using an FHA loan — roughly $87,325 down. FHA loans feature flexible credit guidelines and government-backed rates, making homeownership accessible for buyers who haven't saved a large down payment. Seller concessions up to 6% of the purchase price are also allowed.

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Local Market Stats

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Median sold price, days on market, active inventory, price brackets, and 12-month trends — pulled live from the MLS.

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