736 Crater Oak Drive
Calabasas, CA, 91302
$1,995,000
Original list price: $2,600,000
MLS: SR26082418
Beds
4
Baths
3
Sq Ft
2,012
Lot
1.24 ac
Year Built
1965
MLS #
SR26082418
Days on Market
63
Listed
Jul 9, 2026
Description
NEW PRICE — $1,995,000 | NEW PHOTOGRAPHY An exceptional opportunity to own approximately 1.24 acres in Calabasas, offering a rare combination of land, privacy, views, and potential. The 4-bedroom, 3-bath residence encompasses approximately 2,012 square feet and provides a foundation for creating a property tailored to your own vision. The expansive grounds offer space and flexibility that are increasingly difficult to find, while the property's setting provides a peaceful retreat with beautiful views and a true sense of space. Additional features include solar and current fire certification, adding value and peace of mind. Apple, Peach and Plum Trees. With brand-new professional photography and a significant price improvement to $1,995,000, 736 Crater Oak Drive is an opportunity to take a fresh look at a property with a setting and scale that are rarely available in Calabasas. Come experience the property, the land, and the possibilities.
Location
Calabasas, Los Angeles County, CA 91302
Open on Google Maps ↗Listed by: Christine Wheeler · Keller Williams Luxury
Listing information is provided courtesy of the Greater Antelope Valley Association of Realtors (GAVAR) and California Regional MLS (CRMLS). Information is deemed reliable but not guaranteed accurate by the MLS or by Mike Watson. All data, including square footage, lot size, room count, permits, and school assignment, should be independently verified. Properties shown may be listed by brokerages other than Keller Williams Realty. Listings are subject to prior sale, change, or withdrawal without notice.
Payment estimate
$14,842
/ month (est.)
Principal, interest, taxes, and insurance + PMI + HOA. Down payment: $199,500 · Loan: $1,795,500
Average 30-yr fixed rate 6.76% as of Sep 10, 2026 (Freddie Mac PMMS). Adjust to your quote.
- Principal & Interest
- $11,658
- Property tax (1.25%)
- $2,078
- Homeowners insurance
- $300
- Mortgage insurance
- $748
- HOA dues
- $58
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 Sep 10, 2026
- 30-year fixed
- 6.76%
- 15-year fixed
- 6.09%
Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.
About the area · Mike Watson
About the Antelope Valley
The Antelope Valley spans Lancaster, Palmdale, Quartz Hill, Rosamond, Lake Los Angeles, California City, Edwards AFB, and the Plant 42 aerospace corridor. Mike Watson is a lifelong AV resident and the #1 producing individual Realtor in the region by transaction count. Every active listing on this site is paired with a free market analysis tailored to the specific street, honest financing guidance (FHA, VA, USDA, CalHFA, conventional, and assumable loans where the financing supports it), and side-by-side comparisons against the rest of the active inventory in your target ZIP.
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 $69,825 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
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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