85 Crestview

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.

This home located at 85 Crestview is currently active and has been available on pardeeproperties.com for 13 days. This property is listed at $4,995,000. It has 7 beds and 8 bathrooms. The property was built in 1989. 85 Crestview is in the Las Posas Estates community of County.

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