Calabasas Neighborhood Guide
Mountain Park Estates
Guard-gated
1987–1997 · about 67 houses on Mountain Park Drive, Chestnut Way and Aspen Way
Listing photo: Beverly and Company Inc. · CSMAR MLS
Mountain Park Estates is a guard-gated community of about 67 houses in Calabasas, on Mountain Park Drive, Chestnut Way, Aspen Way and Oakridge Ter. The homes were built from 1987 to 1997 and run about 3,660 to 6,840 square feet. Most have 4 to 6 bedrooms.
Highlighted area is the approximate footprint of Mountain Park Estates, drawn from the parcels in Los Angeles County records. Labels mark the other Calabasas communities; click one to open its guide.
Guard-gatedMountain Park Estates is one of the guard-gated communities of Calabasas.
Homes for sale in Mountain Park Estates
These lists come from the CSMAR multiple listing service and are drawn to the outline on the map. Many Calabasas homes are listed only on the Los Angeles-area MLS, so some sales and listings will not appear here.
For sale in Mountain Park Estates right now
Active listings inside the community.
In escrow in Mountain Park Estates
Under contract but not yet closed.
Nothing in Mountain Park Estates is in escrow right now.
Mountain Park Estates quick facts
Mountain Park Estates HOA dues
The homes
The streets
Mountain Park Estates is on Mountain Park Drive, Chestnut Way, Aspen Way, Oakridge Ter, Linden Ter and Laurel Place. The communities next to it are Calabasas Highlands, Calabasas Hills Estates, Calabasas Hills and Calabasas Park Estates.
Sizes and plans
The homes run about 3,660 to 6,840 square feet, with a middle of about 4,700. Most have 4 to 6 bedrooms.
Parks and open space
The closest parks are Secret Canyon Open Space (0.3 mile), MRCA Open Space (0.3 mile) and SMMC Open Space (0.3 mile). For hiking and open space, Dry Canyon Creek Park (1.6 miles), Red Rock Canyon Park (1.6 miles) and Las Virgenes View Park (2.1 miles) are nearby. Calabasas Golf and Country Club is 1 miles away. Calabasas sits against the Santa Monica Mountains, with Malibu Creek State Park and the Upper Las Virgenes Canyon Open Space Preserve on either side of the city.
Owning here
Association
The entrance has a staffed guard gate. Recent listings show association dues of about $587 a month. Ask for the CC&Rs, budget and reserve study early in escrow, and confirm the dues for the specific address.
Schools
Mountain Park Estates is in the Las Virgenes Unified School District, which serves Calabasas, Agoura Hills, Hidden Hills and most of Westlake Village. The closest campuses are Bay Laurel Elementary School (about 1.0 miles) and Alice C. Stelle Middle School (about 2.5 miles). Calabasas High School serves Calabasas. Attendance is set by address, so confirm the assignment for a specific home with the district.
What to check
Pull the permit history, check the roof, HVAC and plumbing for the age of the home, and look up the CAL FIRE fire hazard severity zone for the address, since much of Calabasas is in a very high fire hazard severity zone and that affects insurance and brush-clearance rules.
Other gated communities nearby
Prices
Mountain Park Estates market at a glance
Homes, townhomes and condos (no rentals) from the MLS. These numbers refresh every night as listings go active, pending or sold. Last updated Nov 3, 2026 at 3:05 pm.
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Absorption rate shows how fast homes are selling. It takes the homes for sale today and divides them by the number of homes that sold per month over the last 24 months.
The answer is how many months it would take to sell every home on the market if no new listings came up. Under about 3 months usually means a seller’s market, 3 to 6 months is balanced, and over 6 months favors buyers.
Right now about 17% of the homes for sale in Mountain Park Estates are selling each month.
See the full Mountain Park Estates market report →
Median sold price and homes sold, by quarter
Days on market and sold-to-list price, by quarter
Based on 4 sales in the last 24 months (fewer than 6 sold in the last 12, so two years are used). Charts cover the last 8 full quarters. Source: CSMAR MLS and its data-share MLSs. Information deemed reliable but not guaranteed.
Recent sales
4 homes sold in the last two years, from $3,620,000 to $5,675,000, with a median of $3,744,000. Recent sales include a 5,357-square-foot eight-bedroom on Aspen Way for $3,700,000 in October 2025; a 4,448-square-foot four-bedroom on Chestnut Way for $3,788,000 in December 2024. These are sale prices recorded with Los Angeles County.
Nearby communities