California Mansion John Stamos Built During ‘Full House’ Heyday Lists for $13 Million
The Calabasas home underwent a two-year renovation that added Panda marble and a dramatic chandelier.
The Calabasas home underwent a two-year renovation that added Panda marble and a dramatic chandelier.
A Los Angeles-area mansion that was built by actor John Stamos hit the market last week for nearly $13 million.
Located in the hills of Calabasas, Stamos built the Mediterranean-style home in 1992 after buying the 6-acre property in 1991 for $430,000, records on PropertyShark show. He owned the home for about a decade, selling it in 2001 for $2.15 million.
The current owners, Justin and Candace Aguilera, bought the home in early 2020 for $2.95 million, records show. Though the home’s interior was dated at the time, Justin Aguilera said they were attracted by “the bones of the house.”
“We thought, ‘This could be amazing,’ but the whole house hadn’t been touched since the early ’90s,” he said.
Over about two years, the Aguileras entirely remodeled both the home and its grounds. Inside, book-matched Panda marble flooring—white marble with black patterns—is heavily featured throughout the house. They also added an elaborate crystal chandelier that’s about 15 feet in size and a two-sided fireplace to the formal living room, which is just beyond the entrance.
The 8,100-square-foot home has six bedrooms and six bathrooms, including an approximately 2,500-square-foot primary suite, which Aguilera said is one of his favorite spaces in the house. The primary bedroom has high vaulted ceilings, and the suite also includes a sitting area with a fireplace, a wet bar, a bathroom with dramatic black marble and a “glam room” with a salon-style setup for doing hair and makeup.
As the home was designed for entertaining, there are bars both inside and outside, with the indoor bar room featuring marble flooring, black coffered ceilings and seating for at least six.
The Aguileras also completed renovation work outside. They replastered the pool—which also has a hot tub and a grotto—added 350 landscape lights and redid about 5,000 square feet of patio space with travertine.
In addition to aesthetic upgrades, the Aguileras also made sure to fireproof the property.
“On the hill, on the hardscape, we added a sprinkler system, so we don’t have to worry about a fire,” Aguilera said.
Sitting up on a hill, the home overlooks the Malibu Canyon, and the Aguileras put in large gridless windows throughout the home so as to not break up the view.
“In the morning, since we’re so high on the hill, when the clouds come in from the coast, they always sit below you,” Aguilera said. “So you’re looking at a blanket of fog—it looks like a waterfall.”
The property’s acreage provides room for the next owners to expand, including with the option to add a helipad, according to Compass, which is marketing the property. Alessandro Corona holds the listing.
Also this week, the San Francisco townhome that was featured in “Full House”—in which Stamos starred as Uncle Jesse— sold for $6 million . The home had previously been renovated by the “Full House” creator , Jeff Franklin, who is now selling his Beverly Hills megamansion.
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As interest rates, inflation and market sentiment fluctuate, investors are being urged to focus on data, not panic.
Australia’s housing affordability crisis is being fuelled by chronic undersupply, planning delays and rising development costs, as politicians continue to focus on the wrong solutions.
Australia’s housing crisis will not be solved by first-home buyer incentives or tax changes alone, with leading property figures warning governments must tackle supply constraints if affordability is to improve.
Speaking at the Kanebridge Quarterly Property Leadership Summit in Sydney last week, expert project marketing specialist Sam Elbanna, property investor and fund manager Paul Miron and property consultant Karla McNeice said that a lack of housing supply remained the central issue facing the market.
Elbanna, Director of CPM Realty with more than 30 years’ experience in project sales, argued that successive governments had focused too heavily on stimulating demand rather than addressing the barriers preventing new housing from being delivered.
“The misconception is that politicians think the way to solve the housing crisis is to drive demand,” he said.
“The reality is that’s not the way. This is a supply-side problem, and it needs to be solved on the supply side.”
Drawing on his experience in project sales, Elbanna said policies designed to help first-home buyers often had unintended consequences, pointing to previous grants that ultimately flowed through to higher property prices.
Instead, he said developers were facing increasing red tape, approval delays and rising costs, which were discouraging new housing supply.
“In the absence of stock, demand exceeds supply,” he said.
Miron, a Co-Founder and Fund Manager of Msquared Capital, said the housing debate had become overly focused on tax policy while overlooking broader structural issues.
He argued that affordability challenges stemmed from a combination of factors, including planning constraints, supply shortages, migration levels and interest rates.
“No-one can be 100 per cent certain on the real reason for property prices is going up,” he said.
“The reason why property prices are higher is a combination of interest rates, lack of supply, migration, vacancy rates and maybe taxes play a role.”
Miron was critical of recent federal housing policy changes, warning they could reduce the number of new homes being built and further constrain supply that was even highlighted in the budget.
He also highlighted the importance of the property sector to the broader economy, noting that residential real estate and related industries employed more than one million Australians.
McNeice, who advises developers on sales strategy and market intelligence, said understanding buyers had become increasingly important as affordability pressures intensified.
While affordability remained a major consideration, she said today’s buyers were focused on value rather than simply price.
“People are looking for value for money,” she said.
She said buyers were increasingly evaluating factors such as transport connections, walkability, nearby amenities and flexible living spaces that could accommodate changing family needs.
“What infrastructure is going on? Can I walk to the shops? Can I meet people at the local cafe?” she said.
The panel also discussed the mounting pressures facing developers, with Elbanna arguing that many projects become financially unviable from the moment a site is purchased.
“The viability of a development happens at the moment the site is bought,” he said.
He said rising construction costs, higher interest rates and overly optimistic feasibility assumptions had left some developers exposed as market conditions changed.
While acknowledging the growing number of smaller and first-time developers entering the market, Elbanna said property development required expertise across finance, construction, marketing and legal disciplines.
“It is actually a business that requires a level of expertise,” he said.
Looking ahead, the panel agreed opportunities remained in the market despite current challenges.
Miron said property should continue to be viewed as a long-term investment and cautioned against trying to time short-term market movements.
McNeice said success would increasingly depend on identifying projects that genuinely met changing buyer expectations.
Elbanna said affordable housing remained achievable, but developers needed to deliver more than just homes.
“We can provide affordable housing in this country,” he said.
“But we’ve got to wrap that affordable housing with the things that people want.”
As Australia’s housing affordability debate intensifies, the panellists agreed on one point: without a meaningful increase in housing supply, demand-side measures alone are unlikely to solve the nation’s property challenges.
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