85 Crestview new Save Request In-Person Tour Request Virtual Tour
Camarillo,CA 93010
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 11,141 sqft
Price per Sqft $448
MLS Listing ID SR25249381
Bedrooms 7
Full Baths 8
Year Built 1989
Lot Size 3.380 Acres
Property Sub-Type Single Family Residence
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 everything, bridal suite/guest house, dining pavilion, dedicated event spaces, 3rd-floor speakeasy in development and off-site parking.
Dual Use: Enjoy the estate personally and monetize when not in use.
Property Features:
11,141 sq. ft. of refined living and event space across three buildings on almost 3.5 acres
Palatial colonial-style 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 after-hours gatherings provided at an additional fee to clients
Private bridal suite/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 Vc43 - Las Posas Estates
Rooms
Other Rooms Guest House Detached
Interior
Heating Central
Cooling Central Air
Flooring Wood
Fireplaces Type Dining Room,Guest Accommodations,Living Room
Exterior
Exterior Feature Sport Court
Parking Features Driveway,Garage,Gated
Garage Spaces 9.0
Garage Description 9.0
Pool Heated,In Ground,Private
Community Features Golf,Hiking,Horse Trails,Gated
View Y/N Yes
View Panoramic
Building
Lot Description 2-5 Units/Acre
Dwelling Type House
Story 3
Sewer Public Sewer
Water Public
New Construction No
Schools
High Schools Adolfo Camarillo Hig
School District Pleasant Valley
Others
Acceptable Financing Conventional
Listing Terms Conventional
Special Listing Condition Standard
Virtual Tour https://TheColonyEstate.com