Mike Watson, Realtor

Mike Watson

Call or Text(661) 733-2196
ActiveSingleFamilyResidence

85 Crestview

Camarillo, CA, 93010

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$4,995,000

MLS: SR25249381

Beds

7

Baths

8

Sq Ft

11,141

Lot

3.38 ac

Year Built

1989

MLS #

SR25249381

Days on Market

112

Listed

Oct 28, 2025

Description

Co-Ownership in The Colony Estate, a rare opportunity to own a world-class property while generating substantial passive income. Perfectly situated between Los Angeles, Santa Barbara, and Malibu, this privately gated 3.38-acre estate functions as a top-tier event venue, attracting over 300 qualified event inquiries per month—all with limited marketing and significant upside. Investors can acquire up to 50% ownership and share in potential NET income that will easily exceed $4 million annually from weddings, corporate retreats, private events, film productions, and more. In addition to rental revenue currently averaging $15,000+ per event, the estate also generates additional income through referrals to food & beverage companies, rentals and other third-party vendor partnerships, creating a simple and scalable revenue model without significant operational costs and complexity. In addition, the owner is considering a private membership club with the potential to generate an additional $2.5 million in NET income. Key Investment Highlights: High Inquiry Volume: Over 300 monthly event inquiries and growing. Multiple Income Streams: Venue fees, luxury accommodations, food & beverage share, and third-party rentals. Event-Ready Infrastructure: Private and gated, dedicated spaces for everything, bridal suite/guest house, dining pavilion, dedicated event spaces, 3rd-floor speakeasy in development and off-site parking. Dual Use: Enjoy the estate personally and monetize when not in use. Property Features: 11,141 sq. ft. of refined living and event space across three buildings on almost 3.5 acres Palatial colonial-style main residence with 35-foot entry ceilings, library, gourmet kitchen, formal dining room, and expansive entertainment areas 3,000+ sq. ft. open third level ideal for after-hours gatherings provided at an additional fee to clients Private bridal suite/guest house with kitchen and bath Architecturally stunning dining pavilion with full kitchen, pizza oven, indoor BBQ, and pocket doors Resort-style amenities: wraparound patios, massive pool, spa, sauna, fire pit, fountain, and 9-car garage Additional conveniences: RV parking, horse-friendly zoning, and ample space for large-scale events Located just 7 minutes from a private airport and near the prestigious Spanish Hills Club, The Colony Estate presents a unique blend of personal luxury and compelling investment performance.

Location

Camarillo, Ventura County, CA 93010

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Listed by: Anna Apostolova · Equity Union

Payment estimate

$34,997

/ month (est.)

Principal, interest, taxes, and insurance + PMI. Down payment: $499,500 · Loan: $4,495,500

%
Principal & Interest
$27,621
Property tax (1.25%)
$5,203
Homeowners insurance
$300
Mortgage insurance
$1,873
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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 Camarillo home with as little as 3.5% down using an FHA loan — roughly $174,825 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.

Local Market Stats

See Camarillo, CA 93010 market trends →

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

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