Best-Value Neighborhoods in Calabasas, CA

None of the 9 ranked Calabasas neighborhoods with a value figure is priced below its expected value.

Houseberry scores 9 Calabasas neighborhoods on schools, safety, amenities, price, value and appreciation. Overall scores in Calabasas run from 3.7 to 4.2 out of 5, and 7 score 4 out of 5 or higher. Typical home prices range from $1,040,000 in West Calabasas to $4,663,000 in The Oaks across 9 priced neighborhoods.

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1st
The Oaks, Calabasas, CA neighborhood

The Oaks, Calabasas, CA

Overall Score : 4.2/5
SCHOOL4.0/5
SAFETY4.9/5
AMENITIES3.8/5
PRICE$4,663,000
APPRECIATION3.30 %
VALUE$0

Keywords: Guard Gate, Custom Estates, 2000s Build

The Oaks is the version of Calabasas built around privacy, scale and private recreation. Behind a staffed guard gate at the end of Parkway Calabasas, broad streets lead to large Mediterranean, Tuscan, Spanish and contemporary homes, many with pools, fountains and extensive entertaining spaces. It is the neighborhood most closely associated with Calabasas' luxury image. ... See Full Page

2nd
Calabasas Park Estates, Calabasas, CA neighborhood
SCHOOL4.1/5
SAFETY4.4/5
AMENITIES3.9/5
PRICE$2,411,000
APPRECIATION0.20 %
VALUE$0

Keywords: Calabasas Park, Golf Course, Guard Gated

Calabasas Park Estates is built around the original vision of Calabasas as a landscaped, recreation-oriented hillside community. The neighborhood traces its identity to the late 1960s development of Calabasas Park, where a private lake, golf course and country-club amenities replaced former ranch and studio land. Today it combines older homes near the water with later guard-gated sections and newer custom construction. ... See Full Page

3rd
Greater Mulwood, Calabasas, CA neighborhood

Greater Mulwood, Calabasas, CA

Overall Score : 4.0/5
SCHOOL4.0/5
SAFETY4.6/5
AMENITIES3.4/5
PRICE$1,740,000
APPRECIATION-0.10 %
VALUE$0

Keywords: Mulwood Ranch Homes, Braewood, 1950s Tract

Greater Mulwood is classic residential Calabasas without the guardhouse. Its core streets hold single-story ranch homes from the 1950s and 1960s on broad, mostly level lots shaded by mature oaks and pines. The neighborhood feels older, looser and less programmed than the gated communities around it, which is exactly what many residents value. ... See Full Page

4th
Mulholland Heights, Calabasas, CA neighborhood
SCHOOL4.0/5
SAFETY4.8/5
AMENITIES3.4/5
PRICE$1,962,000
APPRECIATION-
VALUE$0

Keywords: Old Topanga, Hillside Lots, Creekside Park

Mulholland Heights is a hillside neighborhood with more variety and public life than many Calabasas tracts. Homes climb from Old Topanga Canyon Road across streets built over several decades, while two parks and a preschool create regular neighborhood activity at the base and along the ridge. The setting feels residential and tucked into the hills without being completely sealed behind gates. ... See Full Page

5th
Saratoga Hills, Calabasas, CA neighborhood

Saratoga Hills, Calabasas, CA

Overall Score : 4.2/5
SCHOOL4.3/5
SAFETY5.0/5
AMENITIES3.3/5
PRICE$1,843,000
APPRECIATION-
VALUE-

Keywords: Ranch Houses, No HOA, Saratoga Ranch

Saratoga Hills is an older, low-key Calabasas neighborhood of ranch houses, mature landscaping and hillside views without the gates or club amenities common elsewhere in the city. Development began in the 1960s, decades before Calabasas incorporated, and the streets still feel more like a traditional Southern California tract than a luxury master-planned enclave. ... See Full Page

6th
Deer Springs, Calabasas, CA neighborhood

Deer Springs, Calabasas, CA

Overall Score : 4.1/5
SCHOOL4.3/5
SAFETY4.5/5
AMENITIES3.4/5
PRICE$1,305,000
APPRECIATION-
VALUE-

Keywords: Anza Loop, Lost Hills, 1980s Tract

Deer Springs is one of the more approachable residential neighborhoods in Calabasas, with late-1980s tract homes, a neighborhood park, a middle school and trails all close together. The houses are smaller and the lots tighter than in the city's custom estate areas, giving the streets a more conventional suburban rhythm and a stronger sense of neighbors living within sight of one another. ... See Full Page

7th
West Calabasas, Calabasas, CA neighborhood

West Calabasas, Calabasas, CA

Overall Score : 4.0/5
SCHOOL4.3/5
SAFETY4.3/5
AMENITIES3.7/5
PRICE$1,040,000
APPRECIATION0.10 %
VALUE-

Keywords: Las Virgenes Road, Bark Park, West Village

West Calabasas is the city's most varied and publicly accessible side, combining townhomes, condominiums, single-family tracts, parks, schools and open hills along the Las Virgenes and Lost Hills corridors. It feels less like a single enclave and more like a collection of neighborhoods tied together by two major roads and quick access to US-101. ... See Full Page

8th
Park Moderne, Calabasas, CA neighborhood

Park Moderne, Calabasas, CA

Overall Score : 3.9/5
SCHOOL4.0/5
SAFETY4.5/5
AMENITIES3.2/5
PRICE$1,986,000
APPRECIATION0.20 %
VALUE-

Keywords: Artists Colony, Bird Streets, Art Deco

Park Moderne is Calabasas' most eccentric neighborhood, a hillside collection of bird-named streets with roots in a 1920s artists' colony. The original community was designed around oak trees, narrow lanes and small modern cottages, and although most of those homes are gone, the street pattern and creative backstory still give the area a personality unlike the city's polished gated enclaves. ... See Full Page

9th
Old Town Calabasas, Calabasas, CA neighborhood
SCHOOL4.1/5
SAFETY3.8/5
AMENITIES3.6/5
PRICE$1,581,000
APPRECIATION0.20 %
VALUE-

Keywords: Leonis Adobe, Calabasas Road, Farmers Market

Old Town Calabasas is the city's historic and civic heart, where a preserved ranch-era adobe, western-style storefronts, a farmers market and modern city buildings share a short stretch of Calabasas Road. It has more public life and local character than the residential tracts around it, functioning as the place where Calabasas remembers its past and conducts its everyday civic business. ... See Full Page

Scores updated October 2026

Best-Value Neighborhoods

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