
Topanga, California 90290
Analysis of 1553 Penny Road, Topanga, California 90290 is currently available with a list price of $1,295,000. 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.
Property is new construction or fully renovated.
Although originally built in 1925, this property has undergone an extensive and high-quality renovation within the last 5 years, bringing it to excellent condition. The kitchen is fully modernized with premium stainless steel appliances, a professional-grade range, and butcher block countertops. The bathroom features contemporary updates including a vessel sink and modern tiling. With the addition of mini-split cooling/heating systems, updated flooring, and a pristine exterior deck, the home meets current quality standards with no visible deferred maintenance.
Originally built in 1925, this meticulously maintained cottage features high-beam ceilings and a cozy fireplace, offering a unique and authentic mountain retreat aesthetic that is highly sought after in Topanga.
The property boasts expansive mountain views from a large deck, complemented by fruit trees and an outdoor shower, perfectly capturing the serene lifestyle and natural beauty of the Santa Monica Mountains.
With two separate assessor parcels and a storage shed suitable for conversion into an art studio or home office, the property offers significant versatility for creative use or potential future expansion.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1000, other record living area = 800.
At just 1,000 square feet with a single bathroom, the home's smaller scale and layout may be restrictive for larger households or those requiring more modern spatial proportions.
As a 1925 structure, the property may present ongoing maintenance requirements or insurance complexities typical of historic mountain cabins, despite recent cosmetic and appliance updates.
Welcome to your peaceful hideaway in the heart of Topanga. This 1925 storybook cottage, originally built as a hunter's cabin, has been lovingly transformed into a charming retreat nestled in the Santa Monica Mountains. This two-bedroom, one-bath home is move-in ready, featuring updated appliances and a warm, inviting ambiance. Step inside to an open kitchen with high-beam ceilings and a cozy living room anchored by a fireplace. The deck extends the living space outdoors, inviting you to immerse yourself in nature and take in the surrounding views. Birds, majestic oaks, and sun-kissed canyon hills are your closest neighbors. Downstairs, you'll find two cozy bedrooms and an updated bathroom with a soaking tub/shower. A storage shed on the property offers potential for an art studio, workshop, or private office. Additional highlights include fruit trees and an outdoor shower. Endless hiking trails and Topanga State Park are just moments away. Tucked into the private Sylvia Park neighborhood, yet only a short drive to the Valley or the PCH, this home offers the perfect balance of seclusion and convenience. Move right in or continue its success as a dream rental income opportunity. Two Assessor Parcel Numbers: 4442-016-037 & 047
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 23% |
| Baths | 1.0 | 3.0 | 14% |
| Square foot | 1,000 | 2,173 | 9% |
| Lot Size | 5,922 | 41,166.5 | 9% |
| Price | $1.29M | $1.65M | 32% |
| Price per sq ft | $1.3K | $714 | 95% |
| Built year | 1925 | 1980 | 9% |
| HOA | $0 | $0 | 50% |
| Days on market | 107 | 237 | 14% |
Mar 17, 2026
$1,295,000
$1,325,000
-2% Price Drop
Initial Listing
Jan 5, 2026
$1,325,000
Initial Listing
Nov 21, 2023
$1,300,000
Public Record
Oct 16, 2017
$910,000
Public Record
Mar 19, 2015
$530,000
Public Record
Nov 23, 2011
$320,000
Public Record
Jun 22, 2005
$550,000
Public Record