20158 Observation Drive, Topanga, California 90290, Topanga, 90290 - 3 bed, 3 bath
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Topanga, California 90290
This Captivating Topanga Canyon Compound is listed at $1,475,000, representing a stable value positioned near its $1,419,970 Fair Market Value. Boasting a Good Condition Rating, this move-in ready sanctuary artfully preserves its 1927 character with modern bohemian finishes and an open-concept layout. The expansive half-acre lot features a detached guest house, providing excellent versatility for a home studio or guest accommodations, alongside panoramic canyon views and a private spa. This retreat is perfectly suited for Owner-Occupants or Creative Professionals seeking a harmonious lifestyle.
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.
Property is move-in ready.
The property is move-in ready and exceptionally well-maintained, successfully blending its 1927 historic character with modern bohemian updates. The interior features polished hardwood floors, an updated open-concept kitchen with stainless steel appliances, and large windows that maximize natural light. While the structure is aged, the systems and finishes appear functional and updated within the last 5 to 15 years, including the addition of a functional guest house and expansive decking, meeting the criteria for a 'good' condition score.
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.
The property includes a separate 1-bedroom, 1-bath guest house, providing excellent versatility for rental income, a professional home studio, or private guest accommodations.
Situated on a sun-drenched 20,882 sq. ft. lot, the property offers rare space for gardening and outdoor expansion, all while capturing breathtaking panoramic canyon and mountain views.
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.
With the original structure dating back to 1927, the property may require more frequent maintenance or updates to its aging mechanical and structural systems compared to newer constructions.
The hillside location and typical Topanga road access may present challenges regarding steep terrain or narrow navigation, which could be a drawback for some buyers.
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
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 | 2,000 | 2,021 | 48% |
| Lot Size | 20,882 | 31,761 | 39% |
| Price | $1.48M | $1.57M | 45% |
| Price per sq ft | $738 | $724 | 61% |
| Built year | 1927 | 1973 | 13% |
| HOA | $0 | $0 | 50% |
| Days on market | 102 | 240 | 29% |
Feb 24, 2026
$1,475,000
Initial Listing
Oct 19, 1993
$315,000
Public Record