The Oaks section of Calabasas has safety, top schools, and Britney Spears

Dr. Dre, Britney Spears, former Greenbay Packer Clay Matthews – just a handful of notable residents who have bought or sold homes in recent years in Calabasas, a star-studded town in the Santa Monica Mountains of Los Angeles County.

And The Oaks, an ultra-exclusive double-door community within Calabasas, is a particular magnet for celebrities and figures in the arts, music and entertainment industries. The neighborhood, which offers quick access to downtown Los Angeles, Malibu, Burbank and Beverly Hills, is a place “where kids can ride bikes and rides safely, the neighbors are generally quite friendly, and there are has a strong sense of community,” Tomer said. Fridman, realtor at Compass.

Residents come together for a variety of events, he said, adding that “the trick or treat of Halloween in the neighborhood is said to be one of a kind.”

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At the end of the Calabasas Parkway, The Oaks is bounded by the gated community of Hidden Hills and 101 Highway to the north, Topanga Canyon Boulevard (also known as State Route 27) to the east, the Santa Monica Mountains to the south, and the town of Agoura Hills to the west.

Price scale

The community has two sections: The Oaks and The Estates of The Oaks, the more exclusive section where celebrities live as it is behind a second door.

Noting that home prices have risen “significantly” in recent years, Sue Walsmith, a realtor at Sotheby’s International Realty Calabasas Brokerage, said properties start at $3 million and go up to nearly $30 million.

She noted that homes that are updated and fairly priced sell out within weeks. “Otherwise it’s more like three to six months, and price cuts are made before they finally sell out,” she added.

Mr. Fridman noted that The Oaks properties have broken two records in the past two years – one for price per square foot, $15 million, and the other for sale price, a custom estate of 17,000 square feet of $30 million on 1.6 acres that sold in 2021.

Housing stock

Homes in The Oaks are comprised entirely of single-family residences, and while there are a few custom homes in the Community of 500 homes, most of which were developed by home builders beginning in the late 1990s and have since been customized or remodeled.

“Much of the house growth started around 2002 and continued through 2010,” Ms. Walsmith said, adding that recently some custom residences have been built in The Estates section of the community.

There are a variety of styles, including California Mediterranean, French Country, English Tudor, and Spanish Colonial, and most homes are between 4,500 and 7,000 square feet.

Most lots range from half an acre to an acre, Mr. Fridman said, noting that the properties “are beautifully maintained and designed with gorgeous yards; some offer views. There are, of course, completely awe-inspiring estates that are one of a kind.

What makes it unique

Everything from the community’s secluded setting surrounded by mountains and its 24-hour security guards to amenities, which include a 3.5-acre community park, clubhouse, pool/spa, playground, A sports court, tennis courts, gym, jogging/hiking path, and meeting facilities set The Oaks apart.

The fact that The Oaks borders open conservation space makes it “a rare find in Southern California,” Fridman added.

Luxury amenities

The Oaks is exclusively residential; for shopping, dining, and cultural activities, residents head to Old Town Calabasas, which is just minutes away, or even downtown Los Angeles, Burbank Malibu, and Beverly Hills.

The Commons at Calabasas, a retail and entertainment complex, has a variety of brand name stores including Barnes & Noble, Williams Sonoma Home and Lululemon. Its restaurants include Barney’s Gourmet Hamburgers, Marmalade Café, whose menu includes burgers, fish and chips, and ginger-sesame glazed salmon, and Porta Via Calabasas, which serves fish, salads, and pastas.

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Westfield Topanga & The Village, a shopping center near Woodland Hills, has a variety of luxury brand stores including Neiman Marcus and Nordstrom’s, as well as high-end boutiques including Burberry, Cartier, Gucci and Tiffany & Co .

Erewhon Market, another favorite in town, is an upmarket organic market that also sells ready meals.

The nearby Calabasas Country Club features a Robert Trent Jones Sr.-designed championship golf course, performance center and dining facilities.

Las Virgenes’ public school system, which includes a secondary school with the International Baccalaureate program, is top rated. Residents also send their children to nearby Viewpoint School, a coeducational private institution that serves students from kindergarten through high school.

Surrounded by mountains, The Oaks offers access to several hiking trails, including one that runs through the community. The neighborhood has its own 3.5 acre park as well as a clubhouse, Olympic size swimming pool, wading pool, sports fields, picnic area and playground.

The neighborhood is also close to Malibu Creek State Park, which covers over 8,200 acres, the 588-acre King Gillette Ranch Park, and the Upper Las Virgenes Canyon Open Space Preserve, which encompasses over 3,000 acres. .

The old town of the city is another attraction. It includes the Leonis Adobe Museum, which focuses on California ranch life in the late 1880s; the Sagebrush Cantina, a Mexican restaurant with live music; and a farmer’s market that sets up shop every Saturday.

Malibu and its beaches are only 29 km away, and the shops and restaurants of Beverly Hills are 24 km away.

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Who lives here

The Oaks attracts a variety of wealthy people in various professional fields, including celebrities and people from the entertainment industry.

“There are many more who are professionals in other fields,” Ms. Walsmith said. “Lawyers, doctors, business and financial professionals. Many bought early in the community and home prices were more reasonable. And many have stayed even though their children have grown up and no longer live at home. But you also have young families who have moved in in recent years and are planning to raise their families here.

Notable residents

The Oaks have hosted a number of celebrities, including Ms Spears, Jodie Foster and Kourtney Kardashian, according to published reports.

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Calling himself “optimistic” about the future of the real estate market in The Oaks, Mr Fridman noted that the intense demand, created by all the celebrities who have purchased properties in the community, has continued to drive prices up.

New developments, coupled with “state-of-the-art design and architectural products”, continue to fuel interest, he said, adding that “security and grounds have continued to prove even more valuable over the past few years, and prices have continued to rise.”

Even during the pandemic, the market hasn’t faltered, he said. “More exclusive, private communities began to have unquantifiable appeal, especially for families. The Oaks have endured Covid-19 while maintaining, and perhaps improving, their desirability due to the benefits provided.

Ms. Walsmith, too, sees a bright future for The Oaks.

Because Calabasas’ population is only 24,000 and there’s no more building land in The Oaks, she said prices would hold steady.

“Prices have continued to rise until the last three or four months as buyers are a bit skittish about the stock market and rising interest rates,” she said.

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