The seven-bedroom Calabasas estate that John Stamos built in 1992 is now listed for $6.399 million. That price tags a 51% drop from the nearly $13 million asking price it carried when it first hit the market in 2025. The listing, active as of September 2026, sits at 25665 Mulholland Highway. It features 7,547 square feet of living space across 6.14 acres.
Justin and Candace Aguilera bought the property in early 2020 for $2.95 million. They poured more than $3 million into a gut renovation, according to the New York Post. The couple replaced dated 1990s interiors with book-matched Panda marble flooring and a 15-foot crystal chandelier. They also installed a sprinkler system to mitigate wildfire risks on the hillside.
The price has bled down steadily. Compass records show the home listed for $7.25 million in December 2025. It dropped to $6.85 million in January 2026, then $6.599 million in February. The current $6.399 million figure represents the lowest point in its recent market history. This trajectory highlights the difficulty of selling hyper-customized luxury homes in a cooling market.
Stamos originally purchased the six-acre lot in 1991 for $430,000. He built the Mediterranean-style residence the following year and sold it in 2001 for $2.15 million. The property changed hands a few times before the Aguileras acquired it. Their investment now faces the reality of market absorption, with the listing showing no signs of closing.
The estate offers views of Malibu Canyon and space for a potential helipad. Buyers must navigate a complex history of ownership and renovation costs. The next step remains unclear, as the Aguileras continue to market the property in a competitive high-end segment.