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

1527 Bainum Drive, Topanga, California 90290 home-pic-0

1527 Bainum Drive

Topanga, California 90290

ACTIVE
CONDITION: GOOD
4Beds
2Baths
1,758Sq Ft
22,504Lot Size

Property Price

LIST PRICE$1,350,000
EST. MARKET VALUE
$1,350,000

SUMMARY

Analysis of 1527 Bainum Drive, Topanga, California 90290 reveals a Fairly Priced Property with a current list price of $1,350,000  aligned with the estimated $1,350,000 Fair Market Value. This represents a stable investment opportunity at market rate. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. 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

$1,350,000
Based on Realkey algorithm analyzing recent comparable sales in Topanga.

Comparable Sales Map

Comparables within 1 miles sold in recently

Address Sold Price BedsBathsSq Ft$/SqftDistance
1527 Bainum Drive
Subject
$1,350,000*
List Price
421,758$768-
A
19816 Grand View Drive
Sold
$1,535,000331,600$9590.4 mi
B
19747 Horseshoe Drive
Sold
$1,377,500332,146$6420.2 mi

* Subject property listed price vs sold prices of comps.

Condition Analysis

OVERALL CONDITION SCORE

Good
TeardownExcellent

Property is move-in ready.

Built in 1976, this property has been well-maintained and appears move-in ready with no immediate renovations required. While some elements, like the vintage stove in the main kitchen and certain bathroom fixtures, show signs of age or a more classic style, the overall condition is clean and functional. The property benefits from significant updates such as solar panels and modern wood laminate flooring throughout. The multiple living units and studio cottage are all presented in a clean, functional state, suggesting regular upkeep and some renovations over time, aligning with the 'Good' criteria of being well-maintained with functional systems and minimal wear and tear, even if not a full, recent, high-end renovation.

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 = 22504, living area = 1758.

  • Exceptional Versatility & Income Potential

    The property features two flexible living units and a stand-alone studio cottage, each with its own amenities, offering diverse options for multi-generational living, guest accommodations, rental income, or creative workspaces.

  • Secluded & Serene Natural Setting

    Tucked away in the desirable Fernwood neighborhood, the property boasts a private driveway, mature oak trees, lush gardens, and multiple outdoor living areas, providing a true sense of seclusion and connection to nature.

CONSRISKS & DEFICIENCIES

  • Significant Price Reductions

    The property has undergone multiple price reductions from its original list price of $1.649M to $1.35M, which may suggest initial overpricing or market resistance.

  • Age of Property

    Built in 1976, the home is an older construction, which may imply a need for updates to systems (e.g., plumbing, electrical) or finishes to meet modern standards, potentially incurring additional costs for a buyer.

  • Unique Multi-Unit Configuration

    While versatile, the setup with two main living units and a separate studio cottage within a single-family residence might present complexities regarding zoning, permitting, or financing for certain buyers, and could be less appealing to those seeking a traditional single-family home.

About 1527 Bainum Drive

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.

Property Details

Public Facts

Property Type
Single Family Residence
Year Built
1976
Lot Size
22,504 Sq. Ft.

Interior

Total Bedrooms
4
Total Bathrooms
2 (2 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

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds4.03.0
59%
Baths2.03.0
37%
Square foot1,7582,200
41%
Lot Size22,50433,202
41%
Price$1.35M$1.59M
33%
Price per sq ft$768$705
63%
Built year19761979
44%
HOA$0$0
50%
Days on market262228
67%

Pricing History

Listed for Sale

Feb 1, 2026

$1,350,000

$1,450,000

-7% Price Drop

Initial Listing

Price Change

Dec 27, 2025

$1,450,000

$1,575,000

-8% Price Drop

Initial Listing

Price Change

Oct 9, 2025

$1,575,000

Initial Listing

Price Change

Jun 17, 2025

$1,649,000

Initial Listing

Sold

Dec 16, 2002

$775,000

Public Record

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