1238 Fernwood Pacific Drive, Topanga, California 90290, Topanga, 90290 - 4 bed, 4 bath
1238 Fernwood Pacific Drive
Topanga, California 90290
Property Price
SUMMARY
Analysis of 1238 Fernwood Pacific Drive, Topanga, California 90290 reveals a Prime Investment Opportunity with a current list price of $2,195,000—significantly undercutting the $2,305,717 Fair Market Value by 4%. This valuation gap indicates a +$110,717 Instant Equity potential for buyers. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. Located in a high-demand neighborhood within the Topanga Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1238 Fernwood Pacific Drive Subject | $2,195,000* List Price | 4 | 4 | 2,200 | $1,048 | - |
A 20006 Valley View Drive Active | $1,600,000 List Price | 2 | 2 | 1,600 | $1,000 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is new construction or fully renovated.
Although originally built in 1956, this compound has undergone extensive high-end renovations. It features a designer kitchen, a newly remodeled bathroom in the guest cottage, and premium upgrades such as a steam shower, yoga studio, and electric barrel sauna. The interior is described as clean and airy with modern fixtures, indicating that all major components have been updated to meet current luxury standards with no deferred maintenance.
PROSSTRENGTHS & OPPORTUNITIES
- High Available Lot Utilization
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 28133, living area = 2200.
- Versatile Multi-Structure Compound
The property features a main residence, a separate guest cottage, and a converted garage suite, offering exceptional flexibility for multi-generational living, a home office, or potential rental income.
- Private Wellness Retreat
The grounds are a sanctuary for relaxation, boasting a dedicated yoga studio, an electric barrel sauna, a cold shower, an unheated plunge pool, and an outdoor clawfoot tub.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =28133, other record lot size in square feet = 5976.
- Fragmented Living Space
With the 2,200 total square feet divided among three separate structures, the individual living areas may feel small or disconnected for buyers seeking a traditional, large family home.
- Challenging Topography
The hillside layout, with the cottage at the bottom and the main house at the top, likely involves significant elevation changes and stairs, which may pose accessibility issues.
About 1238 Fernwood Pacific Drive
This majestic compound is a truly unique property composed of one 3 bedroom/2.5 bath home and a separate 1 bed/1 bath guest cottage. Upon arriving at the property, you'll find the cottage below and the main house at the top of the hill. Both properties can be used separately or easily combined by unlocking and opening gates around the property. As you enter through the front gate from the private parking area, you'll be greeted by a charming deck with an outdoor dining area, perfect for enjoying meals al fresco. The interior of the house is clean, airy, and spacious, with a designer kitchen for your culinary adventures. The living areas are thoughtfully designed, providing a comfortable and inviting atmosphere for relaxing and unwinding. Head upstairs to the primary and secondary bedrooms. These bedrooms share a full bath with steam shower. Surrounded by nature & boasting stunning views of the canyon, this sprawling property is the epitome of the Topanga experience. The separate guest suite in the converted garage boasts its own full bath with shower, kitchenette work station, and queen bed. This bedroom has an outdoor entrance, with french doors overlooking a lower patio, making it ideal for guests seeking privacy and tranquility. Step outside and immerse yourself in the beauty of the outdoors. Live Oaks, Eucalyptus, Kumquat, Lime, Bay, Rosemary, Jasmine... these are just some of the plants situated within the garden. A separate yoga studio situated in the upper garden (with the best view on the property!) offers a serene place to move and recharge. The lower garden features an electric barrel sauna, cold shower & unheated plunge pool... perfect for unwinding and rejuvenating. Enjoy a game of bocce on the lower terrace or bounce around on the trampoline, providing fun for all ages. On the same property but separated by hedges and a fence you will find a little cottage. You are welcomed into a bright, high-ceiling living space with thoughtful decor and French doors looking out onto the charming, private, quiet outdoor space. There is a newly remodeled full bathroom with shower and a kitchenette equipped for full meals and a lofted bedroom. Relax in the backyard clawfoot tub (with both hot and cold water) with brass shower fittings.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1956
- Lot Size
- 28,133 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 4 (4 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 59% |
| Baths | 4.0 | 3.0 | 70% |
| Square foot | 2,200 | 2,200 | 50% |
| Lot Size | 28,133 | 33,202 | 48% |
| Price | $2.19M | $1.70M | 63% |
| Price per sq ft | $998 | $705 | 74% |
| Built year | 1956 | 1979 | 15% |
| HOA | $0 | $0 | 50% |
| Days on market | 3 | 223 | 4% |
Pricing History
Listed for Sale
Mar 4, 2026
$2,195,000
Initial Listing
Sold
Nov 6, 2017
$1,211,000
Public Record
Sold
Apr 18, 2008
$1,050,000
Public Record
Sold
Aug 1, 2006
$1,025,000
Public Record