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85 Crestview Ave, Camarillo, CA, 93010

7beds
8baths
11,141sqft
$4,995,000
$448price/sqft
$33,187/moest. monthly cost
$1,327,480/yrincome needed

About This Home

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.

Getting Around

22
WalkingCar-Dependent
0
TransitVery Limited Transit
9
BikeSomewhat Bikeable

Schools

7/10
5/10
5/10
Rio Mesa High SchoolGrades 9-124.3 mi

Construction

Condition

  • Property condition: Updated/Remodeled,Turnkey
  • Year built: 1989

Type & Style

  • Home type: SingleFamily
  • Architectural style: Colonial
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Gas Range,Refrigerator,Range Hood,Dryer,Washer

Bathroom

  • Features: Dual Sinks,Stone Counters,Remodeled

Bedrooms & Bathrooms

  • Bedrooms: 7
  • Bathrooms: 8
  • Full bathrooms: 8
  • Main level bathrooms: 4
  • Main level bedrooms: 1

Features

  • Balcony,Cathedral Ceiling(s),High Ceilings,Recessed Lighting,Bar,Primary Suite,Walk-In Closet(s)
  • Door features: Double Door Entry
  • Window features: Double Pane Windows
  • Flooring: Wood
  • Fireplace features: Dining Room,Guest Accommodations,Living Room
  • Fireplace: Yes
  • Common walls with other units/homes: No Common Walls

Heating & Cooling

  • Heating features: Central
  • Cooling features: Central Air

Interior Area

  • Total interior livable area: 11,141 sqft

Kitchen

  • Features: Kitchen Island,Stone Counters

Master Bedroom

  • Features: Primary Suite

Other

  • Features: Walk-In Closet(s)

Property

Details

  • Parcel number: 1520160085
  • Special condition: Standard
  • Horse amenities: Riding Trail

Features

  • Levels: Three Or More
  • Stories: 3
  • Entry location: 1
  • Private pool: Yes
  • Pool features: Heated,In Ground,Private
  • Patio & porch: Terrace,Wrap Around
  • Exterior features: Sport Court
  • Has view: Yes
  • View description: Panoramic

Lot

  • Lot size: 3.38 Acres
  • Features: 2-5 Units/Acre

Parking

  • Total spaces: 9
  • Parking features: Driveway,Garage,Gated
  • Has garage: Yes
  • Attached garage spaces: 9
  • Covered spaces: 9