Mike Watson, Realtor

Mike Watson

Call or Text(661) 733-2196
ActiveSingleFamilyResidence

5633 Newcastle Ln

Calabasas, CA, 91302

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$4,899,000

MLS: SR25169488

Beds

6

Baths

6

Sq Ft

8,127

Lot

0.39 ac

Year Built

1993

MLS #

SR25169488

Days on Market

248

Listed

Jul 28, 2025

Description

A rare opportunity to own an extraordinary 8,000+ sq ft luxury smart home set within a prestigious guard-gated Calabasas community. This fully upgraded residence showcases a dramatic grand entry with soaring ceilings, leading to a beautifully remodeled gourmet kitchen featuring Sub-Zero, Wolf, and Miele appliances, custom cabinetry, and a generous walk-in pantry. Designed for elevated modern living, the home is outfitted with Control4 home automation, LED lighting, Cat-6 wiring, and a whole-house sound system. The expansive family room is ideal for both entertaining and everyday comfort, complete with a fireplace, custom bar, built-in projector, and dual wine coolers—perfect for movie nights and gatherings. An oversized formal dining room comfortably accommodates 30+ guests. The luxurious primary suite serves as a private retreat with a sitting area, fireplace, dual walk-in closets, and a spa-inspired bath featuring a steam shower. Step outside to a resort-style backyard offering a saltwater pool, outdoor kitchen with BBQ, refrigerator, stove, and warming drawer, multiple covered seating areas, and an outdoor projector—creating the ultimate indoor-outdoor lifestyle. Additional highlights include a soundproof podcast studio and a temperature-controlled wine room capable of housing over 100 bottles. A true entertainer’s dream located in one of Calabasas’ most desirable gated neighborhoods.

Location

Calabasas, Los Angeles County, CA 91302

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Listed by: Kozet Luciano · Compass

Payment estimate

$34,331

/ month (est.)

Principal, interest, taxes, and insurance + PMI. Down payment: $489,900 · Loan: $4,409,100

%
Principal & Interest
$27,090
Property tax (1.25%)
$5,103
Homeowners insurance
$300
Mortgage insurance
$1,837
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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 $171,465 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.

Local Market Stats

See Calabasas, CA 91302 market trends →

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

#1 Producing Individual Realtor — Antelope Valley

Only large teams outsell Mike Watson · Keller Williams Realty

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