New Co-Ownership Opportunity: Now available: co-ownership in The Colony Estate, a rare opportunity to enjoy a world-class getaway 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 200 qualified event inquiries per month all with limited marketing. Investors can acquire up to 50% ownership and share in potential net income exceeding $4 million annually from weddings, corporate retreats, private events, film productions, and more. In addition to rental revenue ($12,500 - $18,000 per event and $7,500/night for accommodations), the estate also generates income through food & beverage participation and third-party vendor partnerships, creating a diversified and scalable revenue model. Flexible owner financing is available. Key Investment Highlights: High Inquiry Volume: Over 200 monthly event inquiries and growing. Multiple Income Streams: Venue fees, luxury accommodations, food & beverage share, and third-party rentals. Event-Ready Infrastructure: Bridal suite, guest house, dedicated event spaces, off-site parking. Dual Use: Enjoy the estate personally and monetize when not in use. Owner Financing: Available for qualified buyers. Property Features: 11,141 sq. ft. of refined living and event space across three buildings, Palatial 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 gatherings or flexible conversion, Private 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.
For sale
Price cut: $4.7M (6/14)
$4,250,000
85 Crestview Ave, Camarillo, CA 93010
7beds
11,141sqft
Est.:
Residential
Built in 1989
3.38 Acres Lot
$-- Zestimate®
$381/sqft
$-- HOA
What's special
- 102 days
- on Zillow |
- 7,100 |
- 385 |
Zillow last checked: 7 hours ago
Listing updated: July 11, 2025 at 06:21am
Listed by:
Blair Golden DRE # 01928353 619-807-7139,
Compass 818-462-5799
Source: CLAW,MLS#: 25531293

Travel times
Tour with a buyer's agent
Tour with a buyer's agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 7
- Bathrooms: 8
- Full bathrooms: 8
Rooms
- Room types: Office, Dining Room, Den, In-Law Suite, Guest House, Great Room, Attic, Patio Open, Living Room, Formal Entry, Family Room, Entry, Retreat, Study
Heating
- Central
Cooling
- Central Air
Appliances
- Included: Dishwasher, Disposal
- Laundry: Laundry Room, Laundry Area
Features
- Flooring: Wood, Travertine
- Number of fireplaces: 5
- Fireplace features: Dining Room, Guest House, Living Room
Interior area
- Total structure area: 11,141
- Total interior livable area: 11,141 sqft
Property
Parking
- Total spaces: 10
- Parking features: Garage - 4+ Car, Garage Is Detached, Driveway
- Has garage: Yes
- Has uncovered spaces: Yes
Features
- Levels: Three Or More
- Stories: 3
- Pool features: Filtered, Heated, In Ground
- Spa features: Heated
- Has view: Yes
- View description: Panoramic
Lot
- Size: 3.38 Acres
Details
- Additional structures: Guest House, Pool House
- Parcel number: 1520160085
- Zoning: RE5AC
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Southern Colonial
- Property subtype: Residential
Condition
- Year built: 1989
Community & HOA
Community
- Security: Gated
HOA
- Has HOA: No
Location
- Region: Camarillo
Financial & listing details
- Price per square foot: $381/sqft
- Tax assessed value: $3,538,264
- Annual tax amount: $37,849
- Date on market: 4/30/2025
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