20158 Observation Drive, Topanga, California 90290, Topanga, 90290 - 3 bed, 3 bath
20158 Observation Drive
Topanga, California 90290
Property Price
SUMMARY
Analysis of 20158 Observation Drive, Topanga, California 90290 reveals a property with a current list price of $1,475,000, which is 3% above the estimated $1,419,969 Fair Market Value. Buyers should carefully evaluate the pricing and consider negotiation opportunities. 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
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 20158 Observation Drive Subject | $1,475,000* List Price | 3 | 3 | 2,000 | $710 | - |
A 19747 Horseshoe Drive Sold | $1,377,500 | 3 | 3 | 2,146 | $642 | 0.4 mi |
B 1527 Bainum Drive Active | $1,350,000 List Price | 4 | 2 | 1,758 | $768 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is move-in ready.
While originally built in 1927, the property is move-in ready and has undergone significant renovations to create an open-concept living space. The kitchen and interior feature modern bohemian finishes, skylights, and oversized windows that align with current aesthetic trends. The primary suite includes updated features like a custom closet and private deck, and the presence of a functional guest house suggests the property has been well-maintained and updated within the last 5 to 15 years.
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 = 20882, living area = 2000.
- Detached Guest House
The property includes a separate 1-bedroom, 1-bath guest house, providing excellent versatility for rental income, a professional home office, or a private guest retreat.
- Exceptional Natural Light and Views
Designed with an open-concept layout, skylights, and oversized windows, the home maximizes its stunning canyon vistas and creates a bright, airy living environment.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =20882, other record lot size in square feet = 5903. Living area discrepancy between mls listing and other public or private record. mls listing living area = 2000, other record living area = 1483. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 2.
- Vintage Infrastructure
Originally built in 1927, the property may present challenges related to aging systems or structural elements typical of historic canyon residences.
- Limited Main House Capacity
With only two bedrooms in the primary residence, the home may feel restrictive for larger families or buyers seeking more integrated square footage under one roof.
About 20158 Observation Drive
Get ready to seize the moment! This captivating property features a charming 2-bedroom, 2-bath main home alongside a delightful 1-bedroom, 1-bath guest house, all nestled on a sun-drenched half-acre in the vibrant heart of Topanga. It's your ticket to a life of breathtaking canyon views and soulful vibes. This isn't just a home it's an exhilarating invitation to embrace living expansively and authentically! Step inside the main sanctuary and be wowed by the open-concept kitchen, living, and dining area, where skylights and oversized windows flood the space with natural light, connecting you to the beauty outside. Perfect for entertaining or cozy nights in, bohemian finishes and earthy textures bring warmth, artistry, and energy to every corner. This home pulses with life, character, and harmony. Retreat to the serene primary suite, complete with its own private deck and custom closet, offering direct access to a secluded hot tub ideal for stargazing or morning reflections. The second bedroom can easily transform into a home office, while the detached guest house adds even more versatility, perfect for hosting visitors, creating a studio, or generating rental income! Step outside to discover tucked-away sheds, gardening spaces, and endless sky stretching out before you. Whether you dream of an art studio, a flourishing herb garden, or a tranquil escape to soak in the canyon light, this land is ready to embrace your vision. All this is just minutes from Topanga's village center, scenic hiking trails, Malibu's stunning beaches, the vibrant energy of Santa Monica, and the convenience of the San Fernando Valley. This is your chance to live, love, and evolve into the next chapter of your life don't miss out
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1927
- Lot Size
- 20,882 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 3 (3 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
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 2,000 | 2,200 | 44% |
| Lot Size | 20,882 | 33,202 | 37% |
| Price | $1.48M | $1.59M | 41% |
| Price per sq ft | $738 | $705 | 63% |
| Built year | 1927 | 1979 | 7% |
| HOA | $0 | $0 | 50% |
| Days on market | 10 | 222 | 4% |
Pricing History
Listed for Sale
Feb 24, 2026
$1,475,000
Initial Listing
Sold
Oct 19, 1993
$315,000
Public Record