1527 Bainum Drive, Topanga, California 90290, Topanga, 90290 - 4 bed, 2 bath

1527 Bainum Drive, Topanga, California 90290 home-pic-0
ACTIVE$1,575,000
1527 Bainum Drive, Topanga, California 90290
4Beds
2Baths
1,758Sqft
22,504Lot
Year Built
1976
Close
-
List price
$1.57M
Original List price
$1.65M
Price/Sqft
$896
HOA
-
Days on market
-
Sold On
-
MLS number
25553501
Home ConditionFair
Features
Good View: Mountain(s), Trees/Woods
Deck
Patio
ViewMountain(s), Trees/Woods

About this home

Possibly Over-Priced:The estimated price is 6% below the list price. We found 3 Cons,6 Pros. Rank: price - $1.57M(53th), sqft - 1758(47th), beds - 4(70th), baths - 2(37th).

Tucked away in the desirable Fernwood neighborhood of Topanga, this rare and versatile property offers a unique blend of charm, privacy, and creative potential. Set on a beautifully landscaped, fully fenced, dog friendly oversized lot up a private driveway, this home is surrounded by mature oak trees and lush gardens, creating a serene retreat with a true sense of seclusion. The main residence features two spacious and flexible living units, each filled with natural light and boasting its own private entrance, full kitchen, open dining area, large full bathroom, and expansive indoor-outdoor flow via upper and lower decks and patios perfect for entertaining or enjoying the tranquil canyon breeze. Use the units separately for multi-generational living, guest units, or combine them into one cohesive home through the interior staircase to suit your lifestyle. In total, the home offers four bedrooms and two bathrooms, with thoughtful layouts and seamless integration of indoor and outdoor spaces. Separate laundry areas for the main house and guest house provide added convenience and privacy. Adding to the property's versatility is a stand-alone studio cottage, complete with front and rear patios, its own laundry, full bath and kitchen adds endless potential as a guesthouse, rental unit, art studio, or home office. Additional features include: Approx 24 Solar panels. A shipping container ideal as a workshop or secure storage. Two additional storage sheds, mature landscaping and multiple outdoor living areas with iconic Fernwood breezes brings a true connection to nature. Whether you're looking to live, work, create, or invest, this Topanga gem offers the space and flexibility to make your vision a reality. Come experience the harmony of light, nature, and possibility in the heart of Fernwood.

Price History

Date
Event
Price
10/09/25
Price Change
$1,575,000
06/17/25
Listing
$1,649,000
12/16/02
Sold
$775,000
Condition Rating
Fair

Built in 1976, this property is well-maintained and move-in ready, but the kitchens and bathrooms feature dated cabinetry, countertops, and tile work, suggesting renovations that are 15-30 years old or original components with minor cosmetic updates. While the flooring is updated wood-look laminate and solar panels are a modern system upgrade, the overall aesthetic of the wet areas and some fixtures are functional but outdated, requiring minor updates to meet current styles.
Pros & Cons

Pros

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 = 22504, living area = 1758.
Exceptional Versatility & Income Potential: The property features two flexible living units within the main residence and a stand-alone studio cottage, each with private entrances, kitchens, and baths, offering diverse options for multi-generational living, rental income, or creative workspaces.
Private & Serene Natural Setting: Nestled on an oversized, fully fenced lot up a private driveway, surrounded by mature oak trees and lush gardens in the desirable Fernwood neighborhood, providing a true sense of seclusion and a tranquil connection to nature.
Extensive Outdoor Living Spaces: Boasts expansive indoor-outdoor flow through multiple decks and patios, complemented by beautifully landscaped grounds and various outdoor living areas, perfect for entertaining and enjoying the canyon environment.
Eco-Friendly Solar Power: Equipped with approximately 24 solar panels, significantly reducing energy costs and enhancing the property's sustainability and appeal to environmentally conscious buyers.
Ample Storage & Workshop Facilities: Includes a shipping container ideal for a workshop or secure storage, along with two additional storage sheds, providing practical utility and space for hobbies or equipment.

Cons

Significant Price Discrepancy with Market Estimate: The current listing price is notably higher than the property's estimated market value (estimation ratio -9%), suggesting it may be overpriced relative to current market conditions or comparable properties.
Potential for High Maintenance & Upkeep: With multiple structures, extensive landscaping, and a 1976 build year, the property likely requires considerable ongoing maintenance and potential updates, which could be a significant commitment for a buyer.
Limited Accessibility/Seclusion Trade-off: While seclusion is a strength, being located 'up a private driveway' in Topanga's Fernwood neighborhood could imply less convenient access or a more challenging commute for some buyers, potentially limiting its broad appeal.

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