Home of the Week Update

Listed then for: $798,500 to $868,500

Listed now for: $588,500 to $678,500

Sales: Three units sold in May and June: two at $580,000 and one at $581,500.

Listing agents: Lisa Paperno, Deasy/Penner & Partners, (323) 404-7504; and Joshua Gaunya, Deasy/Penner & Partners, (310) 275-1000.

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California Mission-style rancho

Location: 32063 Lobo Canyon Road, Agoura 91301

Size: There are three bedrooms, an office and two bathrooms in 2,900 square feet, a 1,200-square-foot detached garage with guest quarters and a swimming pool on 20 acres.

Published on: March 22

Listed then for: $6,575,000

Listed now for: $5.95 million

Price reduction: 9.5%

Listed now with: Andrea Yates, White House Properties,

(310) 456-1776; and Bob Hurwitz, Hurwitz James Co.,

(310) 477-8865.

-- Lauren Beale