Millman Team Real Estate

$4,995,000
3.38 Acre Lot

85 Crestview, Camarillo, California 93010

  • Business Opportunity Property Type
  • 1989 Year Built
Property Description

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.

Basic Details
Business Opportunity
For Sale
SR25249298
$4,995,000
1989
3.38 Acre
Active
Features
$0
Address Map
CA
Ventura
Camarillo
93010
Crestview
85
W120° 55' 36.9''
N34° 13' 54.8''
from 101 hwy to Las Posas rd. to Crestview Ave
VC43 - Las Posas Estates
Additional Information
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11141
Arts and Entertainment,Advertising,Dance Studio,Decorator,Food & Beverage,Hospitality,Photographer
2025-10-28
https://TheColonyEstate.com
https://TheColonyEstate.com
Broker/Agent Information
Equity Union
Anna Apostolova
Listing Information
F207014907
SR207022172
Conventional
Active
2025-11-05T22:44:42Z
CRMLS
2025-10-28T20:35:00Z
Agent info
Ray Millman
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