$4,250,000
For Sale

85 Crestview Avenue

Camarillo, CA 93010
11141 sqft | 7 beds | 8 baths | 3.38 acres | #25531293
Listing OfficeCompass
Browse 45 photos
Type:Purchase
Structure:House
Zone:Residential

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.

  • Property Details
      • Property SubtypeResidential
      • Original List Price$4,750,000
      • ViewPanoramic
      • Property TypePurchase
      • MLS #25531293
      • MLS #25531293
      • CountyVentura
      • Cost4250000
      • InteriorAttic
      • Square Feet11141
      • Acres3.38
      • Year Built1989
      • Bedrooms7
      • Bathrooms8
      • Full Baths8
      • Stories3

Location

Carl ClarkReal Estate Group
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