19963 Observation Drive, Topanga, California 90290, Topanga, 90290 - 3 bed, 3 bath
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Topanga, California 90290
This Turnkey Single Family Residence is a High-Potential Investment Opportunity, listed at $2,400,000—positioned well below the $2,440,244 Fair Market Value by 1.65%. This valuation gap offers $40,244 in Instant Equity. Featuring an Excellent Condition Rating, the home includes a 600 sq. ft. guest house, a geodesic dome, and panoramic canyon views. With its proven Airbnb income history and modern upgrades, this property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a versatile, income-generating canyon retreat.
Topanga canyon retreat with guest house and panoramic views. Turnkey 3-bed home with proven Airbnb income. Listed below market value at $2.4M. Rare opportunity.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 19963 Observation Drive Subject | $2,400,000* List Price | 3 | 3 | 1,844 | $1,323 | - |
A 20269 Croydon Lane Active | $2,499,000 List Price | 3 | 4 | 2,100 | $1,190 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although originally built in 1931, the property has undergone a recent comprehensive remodel. The kitchen features modern cabinetry, subway tile, and high-end finishes. The interior shows new wide-plank oak flooring, updated lighting, and modern mini-split HVAC systems, placing it in mint, move-in ready condition.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 17829, living area = 1844.
The inclusion of a 600 sq. ft. detached guest house and a unique geodesic dome offers exceptional flexibility for creative studios, multi-generational living, or continued success as a proven Airbnb rental.
Positioned to capture breathtaking panoramic canyon and mountain views, the property features expansive decks, multiple terraces, and mature oak trees that maximize the indoor-outdoor Topanga lifestyle.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1844, other record living area = 588. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 1.
At a $2.4M valuation for 1,844 square feet in the main residence, the property sits at a premium price point that may be a deterrent for buyers prioritizing interior living space over land and auxiliary structures.
Despite recent remodels, the 1931 origin of the home may present ongoing maintenance requirements or structural quirks typical of historic canyon properties that differ from modern builds.
Eagle's Nest is a quintessential Topanga retreat, where vintage charm meets thoughtful modern updates. Nestled in the coveted Fernwood enclave known for its ideal microclimate, this enchanting property captures some of the most breathtaking views Topanga Canyon has to offer.This recently remodeled three-bedroom, three-bath home seamlessly blends contemporary upgrades with the timeless character of the original cabin. The living room is the heart of the home, featuring expansive views, a stunning river rock fireplace, and wide-plank oak floors that bring warmth and texture throughout. The property also includes a detached approximately 600 sq. ft. guest house or studio with a generous view deck, along with a charming approximately 144 sq. ft. "baby" geodesic domeperfect for creative pursuits, play space, or a private retreat. Multiple terraces and expansive decks provide incredible vantage points for entertaining or simply soaking in the natural beauty. Embrace a more sustainable lifestyle with a screened in veggie beds, drought-tolerant landscaping, and majestic mature oak trees. Parking at street level and behind a gate. A rare Topanga gem with a proven Airbnb income history, this is canyon living at its finest.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 1,844 | 2,021 | 35% |
| Lot Size | 17,829 | 31,761 | 32% |
| Price | $2.40M | $1.59M | 77% |
| Price per sq ft | $1.3K | $724 | 97% |
| Built year | 1931 | 1973 | 16% |
| HOA | $0 | $0 | 50% |
| Days on market | 77 | 240 | 16% |
Mar 21, 2026
$2,400,000
Initial Listing
Jun 26, 2018
$1,000,000
Public Record
Oct 5, 2005
$875,000
Public Record