
Topanga, California 90290
This Versatile Multi-Unit Topanga Compound is listed at $1,350,000, reflecting a stable valuation at its $1,350,000 Fair Market Value. Boasting a Condition Rating of 3, the property features a main residence with two flexible units and a detached studio cottage on an expansive 22,504 sqft lot. Enhanced by 24 solar panels, mountain views, and a shipping container workshop, this estate offers significant utility in the Los Angeles Unified district. It is a premier choice for Owner-Occupants looking for rental income or Multi-generational Families seeking a private canyon retreat.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1527 Bainum Drive Subject | $1,350,000* List Price | 4 | 2 | 1,758 | $768 | - |
A 19816 Grand View Drive Sold | $1,535,000 | 3 | 3 | 1,600 | $959 | 0.4 mi |
B 19747 Horseshoe Drive Sold | $1,377,500 | 3 | 3 | 2,146 | $642 | 0.2 mi |
C 20158 Observation Drive Active | $1,475,000 List Price | 3 | 3 | 2,000 | $738 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While built in 1976, the property is well-maintained and move-in ready. The interior features updated laminate flooring, fresh paint, and vaulted wood ceilings. The kitchen and bathrooms are functional and clean, appearing to have been refreshed within the last 10-15 years. The inclusion of 24 solar panels suggests modern electrical considerations, and the overall presentation is tidy and functional.
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.
The property features a unique multi-unit configuration, including a main residence with two flexible living units and a separate stand-alone studio cottage, making it ideal for multi-generational living, guest housing, or rental income.
Situated on an oversized 22,504-square-foot lot at the end of a private driveway, the property offers a rare level of seclusion, mature oak trees, and fully fenced grounds in the desirable Fernwood neighborhood.
The property has undergone multiple significant price reductions from an original list price of $1.649M down to $1.35M, which may suggest challenges with initial valuation or extended time on the market.
With 1,758 square feet divided into multiple separate living units, the individual spaces may feel small or lack the traditional open flow preferred by single-family buyers looking for a cohesive primary residence.
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.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 55% |
| Baths | 2.0 | 3.0 | 36% |
| Square foot | 1,758 | 2,173 | 41% |
| Lot Size | 22,504 | 41,166.5 | 27% |
| Price | $1.35M | $1.65M | 32% |
| Price per sq ft | $768 | $714 | 64% |
| Built year | 1976 | 1980 | 41% |
| HOA | $0 | $0 | 50% |
| Days on market | 309 | 243 | 77% |
Feb 1, 2026
$1,350,000
$1,450,000
-7% Price Drop
Initial Listing
Dec 27, 2025
$1,450,000
$1,575,000
-8% Price Drop
Initial Listing
Oct 9, 2025
$1,575,000
Initial Listing
Jun 17, 2025
$1,649,000
Initial Listing
Dec 16, 2002
$775,000
Public Record