
Topanga, California 90290
This Single Family Residence represents a Strong Value Opportunity, listed at $1,145,000—positioned well below the $1,147,511 Fair Market Value by 0.22%. While the property features a Condition Rating of 4, its Scenic Hillside Setting and Versatile Detached Studio provide significant utility for creative use or guest accommodations. The home offers a unique blend of tranquil, nature-focused living with proximity to local amenities. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a project with immediate potential for personalization.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 19559 Cave Way Subject | $1,030,000* List Price | 2 | 1 | 958 | $1,105 | - |
A 432 Fernwood Pacific Active | $879,000 List Price | 2 | 2 | 631 | $1,393 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1954, the property is described as 'timeworn in places.' While it features some modern upgrades like mini-split HVAC units and an updated bathroom, the kitchen cabinetry, parquet flooring, and overall finishes appear dated (>20 years). It is functional and move-in ready but requires cosmetic updates and potential system overhauls to meet modern standards.
The inclusion of a detached building and a cozy loft provides essential flexible space for a home office, creative studio, or guest accommodations, maximizing the utility of the property.
Surrounded by mature oaks and lush landscaping, the property offers serene mountain and canyon views that epitomize the private, tranquil Topanga lifestyle.
This retreat perfectly balances seclusion with accessibility, situated just moments from the community's popular markets, boutique shops, and local dining.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =6154, other record lot size in square feet = 4132.
At under 1,000 square feet with only one bathroom, the home's small scale and limited facilities may be a constraint for buyers seeking more living space or modern convenience.
Described as 'timeworn in places,' the 1954 residence likely requires additional capital investment to address aging elements and complete necessary updates throughout the home.
Lavender, jade, and lilies bloom beneath the canopy of a majestic palm, encircled by graceful oaks whose branches frame blue skies and mountain vistas beyond. Private and tranquil, this hillside retreat feels worlds away, yet remains just moments from Topanga's beloved markets, shops, and restaurants. Inside, the living room with hardwood floors and a fireplace, has space for dining beneath a picturesque window. A warm, inviting kitchen offers wood cabinetry and a central island. The primary suite features new carpeting and an updated bathroom. What was once a second bedroom is now a den with vaulted ceilings complete with a cozy loft above. Just outside, a detached building provides the perfect setting for a home office, studio, or guest space. Ample patio area invites outdoor dining, gardening, or simply soaking in the sunshine while surrounded by nature. Rich with character--timeworn in places and thoughtfully updated in others--this peaceful retreat feels both rooted and ready for whatever comes next.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.0 |
| Baths | 1.0 | 2.2 |
| Square foot | 958 | 1,632.214 |
| Lot Size | 6,154 | 19,599.643 |
| Price | $1.03M | $1.42M |
| Price per sq ft | $1.1K | $738 |
| Built year | 1954 | 1963 |
| HOA | $0 | $650 |
| Days on market | 35 | 71 |
Aug 21, 2026
$1,030,000
$1,145,000
-10% Price Drop
Initial Listing
Aug 5, 2026
$1,145,000
Initial Listing
Oct 13, 2004
$699,000
Public Record
Sep 25, 2003
$580,000
Public Record