5676 Colodny Drive

Property Overview

This is a high-upside acquisition opportunity for a discerning buyer or developer looking to build immediate equity through a personalized renovation project in a premier neighborhood. Now offered at $2,999,000, this majestic legacy estate on 1.8 acres is strategically positioned to stimulate an immediate sale and invites your cleanest contractual terms. Priced to anticipate the property's cosmetic and functional needs, this stands at an unmatched value. Bring your vision and secure a premier footprint in one of the areas' most coveted equestrian developments. Available for the first time in over 30 years, this magical residence offers a level of serenity that is next to impossible to find close to town. Sited on nearly two breathtaking acres, the sense of permanence among the grounds is unforgettable. Adorned with a magnificent Heritage Oak and a canopy of stately mature trees, it's the kind of place that is rarely available for purchase. Anchored by a grand stone-and-iron main entrance gate with a sweeping driveway that curves gracefully to a separate exit gate, it's a nod to true estates of a bygone era. From its elevated vantage point on an enormous flat knoll, the property delivers long-range views of the Santa Monica Mountains and overlooks conservancy land to the east. The exterior amenities cater to a relaxed lifestyle, showcasing a rock-rimmed swimming pool, a charming potting house for the avid gardener, and a full-size, lighted tennis court that can easily adapt into two pickleball courts. There is also plenty of room to build an ADU, a barn, house a car collection, and install a vegetable garden. Inside, the 6,489-square-foot main residence is a masterclass in classic craftsmanship, defined by rich millwork, diamond-paned beveled glass windows, six custom fireplaces, and dual staircases. The interior spaces are grand yet inviting, highlighted by an exquisite formal dining room with a hand-carved wood fireplace and a richly appointed pub room that evokes the sophisticated ambiance of a library bar from another era. A large butler's kitchen sits between the dining room and main kitchen, effortlessly enhancing all manner of entertainment and culinary pursuits. The interior continues with a voluminous artist's studio featuring a high ceiling and private entrance, complemented by a flexible floor plan with dual primary retreats, including a first-floor option with dual bathrooms and an abundance of closet space. Situated in Old Agoura near the Cheeseboro Canyon trailhead, the estate grants proximity to over 4,000 acres of hiking, cycling, and equestrian trails while remaining minutes from town, roughly 20 minutes to Malibu, and close to the renowned Las Virgenes School District and outstanding private academies.