
Topanga, California 90290
This Turnkey Canyon Sanctuary is a Strong Value Opportunity, listed at $1,345,000—positioned slightly above the $1,328,190 Fair Market Value. Despite the premium, the property features a Condition Rating of 2, boasting a newly renovated studio, brand-new HVAC, and refinished hardwood floors. With its Canyon Views, spacious deck, and proximity to Topanga Elementary, this home offers a rare blend of modern infrastructure and authentic character. It is an ideal acquisition for Owner-Occupants seeking a move-in ready lifestyle or creative professionals needing a dedicated workspace.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 20930 Shady Lane Subject | $1,345,000* List Price | 3 | 2 | 1,300 | $1,022 | - |
A 20906 Fontaine Road Sold | $1,270,000 | 3 | 2 | 1,100 | $1,155 | 0.2 mi |
B 20616 Callon Drive Sold | $1,225,000 | 3 | 2 | 1,587 | $772 | 0.8 mi |
C 20666 Cheney Drive Active | $1,484,000 List Price | 3 | 2 | 1,430 | $1,038 | 1.0 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Despite the 1940 build date, the property has undergone extensive recent renovations including a brand-new HVAC system, recently refinished hardwood floors, and a newly renovated standalone studio. The kitchen features updated appliances and the bathrooms show modern finishes, placing the renovation status within the under 5-year window for mint condition.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 8499, living area = 1300.
The property includes a newly renovated 220-square-foot standalone studio with vaulted ceilings and a private deck, providing an ideal creative workspace or guest retreat separate from the main house.
Despite its 1940s charm, the home features significant modern upgrades including a brand-new HVAC system, a 220V EV charger, and a recently restored spacious deck, reducing immediate capital expenditure for a buyer.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =8499, other record lot size in square feet = 2009.
With 98 days on the market and a recent price reduction, the property may be facing liquidity challenges or price sensitivity within its specific niche market.
At 1,300 square feet for a three-bedroom configuration, the interior living spaces may feel constrained for buyers seeking the expansive floor plans typical of higher price points.
This charming 1940s three-bedroom, two-bath home pairs authentic canyon character with a practical, light-filled layout. The property is framed by mature elm and oak trees and offers views toward Saddle Peak. Set on Shady Lane, one of Topanga's quieter canyon streets, it offers easy access to local trails, Topanga Elementary, and the beach. Inside the main house, the living room features vaulted ceilings, wood-paneling, a brick fireplace, and built-in bookshelves. A bay window spanning the breadth of the room allows canyon light to illuminate the interior. Beyond the window, a spacious and recently restored deck welcomes the sounds and sights of canyon life. The kitchen blends 1940s elegance with updated appliances, opening on to the dining room so you stay connected to family and guests while cooking. The main level features two sunlit bedrooms: a primary suite with high ceilings and a skylit bathroom, and an adjacent second bedroom ideal for a children's bedroom or main-floor office. Downstairs, the naturally cool third bedroom suite includes a full bath with a soaking tub, deep closet, and private deck access, making it an ideal guest retreat. A standalone, newly renovated 220-square-foot studio with its own vaulted ceiling and deck is located on the top level of the landscaped garden, offering a creative workspace or additional living area. Beneath the ADU and garden beds, a flat, fenced yard offers plentiful space for outdoor dining and play, while further down the hillside a terraced garden offers a shady retreat beneath oak and lemon trees. Recently upgraded with re-finished hardwood floors and a renovated outside deck, the property also features a brand-new HVAC system and a 220V EV charger. This canyon sanctuary combines the character of old Topanga with the possibilities of the new. Truly a beautiful home.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 2.0 | 2.2 |
| Square foot | 1,300 | 1,632.214 |
| Lot Size | 8,499 | 19,599.643 |
| Price | $1.34M | $1.42M |
| Price per sq ft | $1.0K | $738 |
| Built year | 1940 | 1963 |
| HOA | $0 | $650 |
| Days on market | 124 | 71 |
Aug 14, 2026
$1,345,000
$1,395,000
-4% Price Drop
Initial Listing
May 8, 2026
$1,395,000
Initial Listing
Feb 20, 2015
$899,000
Public Record
Jun 12, 2007
$935,000
Public Record
May 26, 2006
$925,000
Public Record