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. The city has fewer than 25,000 residents but punches far above its weight in housing values, school quality, and cultural cachet. Gated communities like The Oaks and Hidden Hills (technically its own city, but socially Calabasas) anchor the high end, while older neighborhoods like Mulwood and Park Moderne offer more accessible entry points. Hiking, equestrian culture, and a strong restaurant scene give Calabasas a distinct identity from the rest of the Valley.
Average Single-Family Home Price
$2.35M
Gated communities push well above $4M; The Oaks, Hidden Hills, and Mountain View Estates set the ceiling.
Where Locals Actually Eat
Hidden gems and city-specific favorites — no chains.
Saddle Peak Lodge — historic mountain lodge in upper Calabasas; game meats, fireplaces, special-occasion energy.
King's Fish House — long-standing seafood favorite at The Commons.
Lovi's Delicatessen — independent deli on Calabasas Road; all-day breakfast and traditional Jewish plates.
Pedalers Fork — farm-to-table in a converted bike shop; the brisket is a draw.
Toscanova — Italian at The Commons; reliable wood-fired pizza and pasta.
Sagebrush Cantina — Old Town institution serving Calabasas since 1974; big patio and weekend live music.
Home price ranges reflect estimated averages at publication and shift continuously with market conditions. School ratings and restaurant listings are based on publicly available information and local knowledge as of the guide's publication date. Always verify current details with a licensed local real estate agent before making decisions. Calabasas ZIP codes may overlap with neighboring communities.