CO RNE RST ON E DE VEL OP ME N T LAWS UI T RO UN D II

Earlier this year Dornan Gelfond, a Cornerstone developer, filed an appeal to his loss in Los Angeles Superior Court. The Cornerstone development, which is part of the Agoura Village project, is a mixed-use development planned for the open space at the south-east corner of Agoura and Cornell Roads.

The traffic generated by Agoura Village is estimated to be over 20,000 cars a day on Kanan Rd. Gridlock is common on Kanan Rd., especially during the warmest months of the year. In early 2018, STACK (Save The Agoura Cornell Knoll) sued Gelfand and The City of Agoura Hills. Los Angeles Superior Court Judge Mary H. Strobel found that the City had violated many of its ordinances (Oaktree Ordinance for example) when approving Cornerstone. The Court also found that the developer failed to provide an environmental impact assessment of the documented Chumash Native American sites on the property. (Continued on page 3)

If your home is currently listed, enjoy the newsletter. It is never our intention to solicit another Realtor’s listing. Information is obtained from sources deemed reliable, however it is not guaranteed.

NEIGH…BORHOOD NEWS FALL/WINTER 2018

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MEET T HE C ANDID ATES AN IN TE RVIE W WITH DE BO RAH KLE IN LO PE Z

What are your primary goals and objectives for the City? I grew up in Agoura Hills and benefited from the best

our town has to offer: access to open space, great public schools, and a safe, caring community. My husband and I returned to raise our family here so that our children could benefit from the same opportunities I had growing up. But as we know, the qualities we love about our town require constant vigilance, and I have been working for decades to protect and improve our community.

ENVIRONMENTAL SUSTAINABILITY Growing up at the base of the Santa Monica Mountains

shaped my core values which would carry over into my adult identity and activism. An avid hiker who has traversed nearly every trail in the Santa Monica Mountains including the 65-mile Backbone Trail, I became an outspoken advocate for the preservation of open space and native habitat and for making sure our footprint on this earth is as light as possible. My dedication was noticed by the Los Angeles County Board of Supervisors and I was appointed to serve as a Director on the Resource Conservation District of the Santa Monica Mountains. My sacred time in the mountains has given me an intimate and unique understanding of their fragility if we aren’t faithful stewards.

I want to bring this vision to the City Council so that our decisions can be viewed through this environmental lens. Any development must come with an obligation to respect the community and its guidelines. For me, the presence of the Santa Monica Mountains, visible from virtually every point in the city, is the guide. We should consider only developments that preserve ridgelines and night skies, that incorporate the natural landforms vs. grading them flat, that consider traffic impacts and how to mitigate them for their projects, etc.

Environmental sustainability is also about initiatives beyond brick and mortar buildings: ensuring our wildlife can thrive in its native habitat, making sure our residents have access to clean energy, adapting to new business models that reduce commuting and our carbon footprint, etc. (Continued on page 2)

SI N C E TH E LA S T N E W SLE T T E R The listings & sales referenced on this flyer represent a compilation of market activity derived from the FLEX MLS

and Matrix MLS as of October 22, 2018. We believe this information to be reliable, yet it is not guaranteed. .

ACTIVE

Tract Br/Ba Pool SqFt. Price Comments Malibou Lakeside 3/2 N 1691 900,000 Single story ranch, horse shelters, misting system, trail adjacent Monte Nido 3/2 N 2112 935,000 Well maintained 2 story Mountain Chalet, bankruptcy sale Old Agoura 5/4 Y 3409 1,313,000 Pool home on quiet cul de sac, updated Old Agoura 4/5 Y 3611 1,330,000 Open concept home on 1/A, lushly landscaped yard, pool/spa Malibou Lakeside 3/2 N 2664 1,345,177 Unique modern tri-level w/ unobstructed lake views, Trex deck Malibou Lake 3/3 Y 3858 1,375,000 100 feet directly lake frontage, lodge style, TLC needed Monte Nido 3/3 N 2206 1,568,000 Artist’s retreat, polished concrete floors, seasonal creek Malibu Canyon 4/3 Y 2790 1,825,000 1965 mid-century split level, mountain views, sold over asking Medea Valley Estates 5/6 N 6409 2,000,000 Gated community, 5 en-suite bedrooms, pool Medea Valley Estates 5/5 Y 4278 2,250,000 Extensively remodeled single story, cul-de-sac, views Monte Nido 5/6 Y 6224 2,625,000 Elegant, gated & secluded estate on 6.4A, 12 foot ceilings Monte Nido 5/5 N 7155 2,626,050 Tudor style mini-mansion on over 3A, incredible views Malibu Canyon 3/2 N 1554 2,850,000 34A commercial equestrian facility, covered arena, creek

Listings shown here are not all of the properties available for sale. Several properties on the market have been on and off the market more than once and may have appeared in a previous issue of NEIGH...BORHOOD NEWS. If you would like to receive updated new listing and sale information sent to your e-mail please contact: Nona Green & Associates l (818) 292-8860 l e: info@agourahorseproperty.com l www.agourahorseproperty.com

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SOLD

Tract Br/Ba Pool SqFt Price Comments Malibu Canyon 3/2 N 1686 699,900 Open floor plan, white kitchen w/Calcutta marble, RV access Malibu Canyon 3/2 N 1442 789,000 Single story contemporary home, light & bright, circular driveway Agoura 3/3 N 2170 885,000 Huge backyard deck w/expansive views, 2 fireplaces Agoura 4/3 N 2960 985,000 Custom built w/Spanish flair, lots of dark wood, workshop Monte Nido 3/2 N 1607 1,095,000 Rebuilt in 2008 w/mid-century vibe, 6 lots in total, views Cornell 5/3 N 3623 1,397,000 Vaulted ceilings, see through fireplace, views, lounging pit Agoura 4/3 N 2236 1,397,000 Fully upgraded smart home w/NEST and RTI systems Old Agoura 3/3 Y 2174 1,395,000 Single story equestrian home w/Barnmaster barn, riding ring Monte Nido 4/3 N 2560 1,399,000 Gated architectural home, 1st time on market, stone fireplace Old Agoura 3/2 N 1320 1,499,000 Redone 1950’s farmhouse, 7 stalls, dressage arena, turnouts Monte Nido 3/3 N 2150 1,599,000 2 parcels totaling 2.3A, 391 sf guest house, barn, 3 paddocks Old Agoura 5/3 N 4900 1,599,000 Property is on city sewer, living room w/library, 4 car garage Old Agoura 5/5 Y 3090 1,629,000 Privately gated single story Tuscan home, secluded flag lot Malibu Canyon 4/4 Y 3279 1,639,000 Gated view estate, outdoor bath and shower, stone exterior Malibu Canyon 4/3 Y 2972 1,649,000 Secluded canyon oasis, Mediterranean style, meditation room Malibu Canyon 4/4 N 3796 1,900,000 New construction, privately gated, to be completed by Dec. 2018 Monte Nido 5/5 N 4841 1,999,999 Being sold at auction, fixer, separate 1/1 guest suite Malibu Canyon 4/3 N 3039 2,050,000 Light infused architectural home, 2-story entry, 1.45A Malibu Canyon 5/5 Y 3818 2,250,000 Private estate on 13.22A, outdoor kitchen, infinity pool Stokes Canyon 6/7 N 5271 2,999,000 Brand new home on 2.5A, potential 1200 sq.ft. studio plans Malibu Canyon 4/4 Y 3849 3,395,000 Ranch style home on 40A, several flat pads, detached studio Malibou Lake 4/5 N 5400 4,499,000 Gated modern farmhouse, white kitchen, marble counters Stokes Canyon 6/9 Y 7478 5,750,000 “Refined hacienda” on 12A, smart home, wine room, yoga studio

ME ET THE C ANDI DATES - AN I NTERVIE W WITH DEBORAH KLEI N LOP EZ -cont i nue d GREAT PUBLIC SCHOOLS

I am a product of the Las Virgenes Unified School District. My parents moved here when I was 12 years old for the great schools, and I attended Lindero Canyon Middle School and Agoura High School. Decades later, my children have benefited from the same strong public school system, a reason that many families continue to settle here. Strong city-school partnerships are essential for our community. They keep our neighborhoods healthy and our property val-ues high. But the school environment has changed greatly over the past decade in terms of funding, safety, traffic and more. With children currently in school, I have an intimate understanding of contemporary issues, as I’ve contributed at the highest levels of school site leadership as Parent Faculty Club President at Yerba Buena Elementary, Lindero Canyon Middle School and Agoura High School. In addition, I served as the campaign manager of Measure E, a parcel tax measure that se-cured $27 million in stable funding for our schools, which would earn me the 2017 Friend of Education Award from the Las Virgenes Educators Association. I have cultivated strong relationships with our school district officials and will continue to build on our well-established city-school partnerships in every way. To read the full interview please visit: http://www.agourahorseproperty.com/blog/2018/10/Deborah-Klein-Lopez.htm

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C ORN ERS TONE DEVEL OPME NT - LAWS UI T RO UND II – C ont inued

The developer has filed an appeal to the judge's ruling. The City of Agoura Hills did not join in the appeal. Meanwhile, according to the City Manager Greg Ramirez, as a consequence of the STACK lawsuit, the City will require more comprehensive environmental analyses before approving other upcoming Agoura Village Projects. STACK will defend the appeal in Court and is actively fundraising the legal fees. They estimate that $25,000 is needed now. A tax-deductible donation can be made at https://www.gofundme.com/helpstack ALL donations go 100% to the cost of legal expenses. https://www.facebook.com/SaveTheAgouraCornellKnoll

BALLO T FU LL O F BILLS

The November 6 ballot contains several propositions; two affect real estate in significant ways.

Proposition 5. This bill lets homeowners 55 or older take their existing

property tax bill with them to a new property, and therefore bypass the reassessment that happens when a property transfers. Many of these homeowners had their property tax bill roll back in 1978 when Proposition 13 was enacted. There are already loopholes in some counties (Prop 60 & 90), allowing for a one-time exemption from reassessment, provided that the new property value is equal or less than the sold home. Prop 5 extends that exemption to an unlimited number of transfers and does not restrict the value of the replacement property. The California Board of Realtors is heavily lobbying this bill as it will undoubtedly increase sales, but it will take money from funds currently used for public services including schools, Medi-Cal, transportation, and state parks. Increased demand for homes could increase property values, yet make it even harder for first-time homebuyers who reap zero benefits from this ordinance.

Proposition 10. This bill will allow counties and cities to enact rent control ordinances, and take away state restrictions that require single-family homes, newer homes, and small multi-unit dwellings to be exempt from rent control. Detractors of this bill say that rent control will not help solve the problem of high rents, but instead will make matters worse by reducing the supply of rental housing.

AN OTHE R AGOU RA VILLAG E PRO JE CT - P UBLI C Q &A

The City of Agoura Hills will be holding a scoping meeting on Nov 8, 2018 - 6:30 - 8:30 pm in the Community Room at

City Hall to seek community input regarding the preparation of a draft environmental impact report (EIR) for another proposed Agoura Village project. This meeting will focus on the potential environmental impacts of the project and the concerns of the community about the areas the EIR will analyze under CEQA (California Environmental Quality Act). City staff will have general information on the proposed development application and will be available to answer general questions about the environmental review process. They will take written comments. This hearing is not to approve the project, nor to obtain project design input. It is solely to provide feedback to the City. Later, the public will have further opportunity to comment on the draft EIR.

A group of community leaders, including two REALTORS, and five former City of Agoura Hills mayors, met for lunch last week. They went through the ballot and voted. This was the result.

PRESORT STANDARD

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Santa Clarita, CA Permit No. 298

FEATURED LISTINGS

28243 BALKINS DRIVE 1 Acre view lot in great Old Agoura Location. Plans for a 4500+ square foot home with pool and horse facilities. $485,000

www.AGOURAHORSEPROPERTY.com

10759 CITRUS DRIVE Contemporary pool home with breathtaking views in Moorpark Home Acres. Horse zoned. $899,000

3911 HITCH BOULEVARD 3 + 2 updated farmhouse on 1+ acre. Huge fenced area for your horses, dogs, goats, sheep. $769,000

Nona Green & Associates Broker Assoc. CalRE #00692351 Coldwell Banker Residential Brokerage 5739 Kanan Rd., Ste 169 Agoura Hills, CA 91301