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Listed by Anna Apostolova • Equity Union
$ 4,995,000
Est. payment /mo
Active
85 Crestview Camarillo, CA 93010
7 Beds
8 Baths
11,141 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Detached
Listing Status Active
Purchase Type For Sale
Square Footage 11,141 sqft
Price per Sqft $448
MLS Listing ID CRSR25249381
Bedrooms 7
Full Baths 8
HOA Y/N No
Year Built 1989
Lot Size 3.380 Acres
Property Sub-Type Detached
Source Datashare California Regional
Property 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 ever
Location
State CA
County Ventura
Interior
Heating Central
Cooling Central Air
Flooring Wood
Fireplaces Type Dining Room, Living Room, Other
Fireplace Yes
Window Features Double Pane Windows
Appliance Gas Range, Refrigerator
Laundry Dryer, Washer
Exterior
Garage Spaces 9.0
Pool In Ground
Amenities Available Gated
View Panoramic
Private Pool true
Building
Story 3
Water Public
Architectural Style Colonial
Schools
School District Pleasant Valley
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