Camarillo, CA 93010,85 Crestview Ave
Camarillo, CA 93010,85 Crestview Ave
Camarillo, CA 93010,85 Crestview Ave
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$4,250,000
Est. payment /mo
7 Beds
8 Baths
11,141 SqFt
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Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

Square Footage 11,141 sqft

Price per Sqft $381

MLS Listing ID 25531293

Style Southern Colonial

Bedrooms 7

Full Baths 8

HOA Y/N No

Year Built 1989

Lot Size 3.380 Acres

Acres 3.38

Property Description

New Co-Ownership Opportunity: Now available: co-ownership in The Colony Estate, a rare opportunity to enjoy a world-class getaway 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 200 qualified event inquiries per month all with limited marketing. Investors can acquire up to 50% ownership and share in potential net income exceeding $4 million annually from weddings, corporate retreats, private events, film productions, and more. In addition to rental revenue ($12,500 - $18,000 per event and $7,500/night for accommodations), the estate also generates income through food & beverage participation and third-party vendor partnerships, creating a diversified and scalable revenue model. Flexible owner financing is available. Key Investment Highlights: High Inquiry Volume: Over 200 monthly event inquiries and growing. Multiple Income Streams: Venue fees, luxury accommodations, food & beverage share, and third-party rentals. Event-Ready Infrastructure: Bridal suite, guest house, dedicated event spaces, off-site parking. Dual Use: Enjoy the estate personally and monetize when not in use. Owner Financing: Available for qualified buyers. Property Features: 11,141 sq. ft. of refined living and event space across three buildings, Palatial 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 gatherings or flexible conversion, Private 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

State CA

County Ventura

Area Las Posas Estates

Zoning RE5AC

Rooms

Family Room 1

Other Rooms GuestHouse, Pool House

Dining Room 1

Interior

Heating Central

Cooling Central

Flooring Wood, Travertine

Fireplaces Number 5

Fireplaces Type Dining, Guest House, Living Room

Equipment Dishwasher, Garbage Disposal

Laundry Room, Laundry Area

Exterior

Parking Features Garage - 4+ Car, Garage Is Detached, Driveway

Garage Spaces 10.0

Pool Filtered, Heated, In Ground

View Y/N Yes

View Panoramic

Building

Story 3

Architectural Style Southern Colonial

Level or Stories Three Or More

Others

Special Listing Condition Standard


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TheMLS (CLAW)
Listed by Compass
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"John takes great pride in helping his clients through every step of the buying and selling process. Leveraging two decades of experience in pre-construction, new home sales and market sales exclusive representation. his vast knowledge in brokering home sales within luxury communities and new developments has proven invaluable to his clients."

+1(310) 221-2910

johnherkenrath@epiquerealty.com

8383 Wilshire Blvd #800 Beverly Hills CA 90211

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