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Neighborhood Guide

Calabasas, decoded: home values, schools, and what's quietly moving the market

Fewer than 25,000 residents, but it punches far above its weight on home values and school quality. Here's the short version of our Calabasas field guide — and a link to the full one.

Newmarket Edge
May 17, 2026 · 4 min read

Calabasas is where the western San Fernando Valley meets the Santa Monica Mountains — and where celebrity culture meets a small-town downtown built around a single oak tree. It has fewer than 25,000 residents, but it punches far above its weight on housing values, school quality, and cultural cachet.

This is the short version. For the full breakdown — every restaurant, every school, and the projects we're watching — read the complete Calabasas Neighborhood Guide.

The market in one number

The average single-family home runs about $2.35M. Gated communities push well above $4M — The Oaks, Hidden Hills, and Mountain View Estates set the ceiling — while older neighborhoods like Mulwood and Park Moderne offer more accessible entry points. ZIP codes are 91301 and 91302.

Schools families move here for

Calabasas sits inside the Las Virgenes Unified School District, and that's a big part of why families pay a premium. Calabasas High School is consistently top-ranked, fed by A.E. Wright Middle School and Bay Laurel Elementary. On the private side, Viewpoint School and Chaminade College Prep round out the options.

Where locals actually eat

No chains. Locals point newcomers to Saddle Peak Lodge (a historic mountain lodge for special occasions), King's Fish House and Sugarfish at The Commons, and Pedalers Fork — farm-to-table in a converted bike shop where the brisket is the draw.

What we're watching

Two forces are shaping the next few years: steady infrastructure and tap-water investment upgrading older neighborhoods, and continued migration from the Westside — Pacific Palisades wildfire displacement has nudged demand into Calabasas and Hidden Hills.


Thinking about a move in or out of Calabasas? The full guide has the complete picture.

This article is informational and reflects estimates at publication. Home values and school details shift — verify current specifics with a licensed local agent before making decisions.

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