21549 Summit Trail, Topanga, California 90290, Topanga, 90290 - 2 bed, 2 bath
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Topanga, California 90290
This Updated 1920s Canyon Bungalow is a Strong Value Opportunity, listed at $1,200,000—positioned well below the $1,220,039 Fair Market Value by 1%. This valuation gap provides $20,039 in Instant Equity for incoming buyers. Boasting a Condition Rating of 3, the home features a modern kitchen, a wood-burning cedar hot tub, and a sunny deck with rare mountain views. The flexible floorplan includes a lower-level bonus room with a separate entry, ideal for home offices in the Los Angeles Unified district. It is an ideal acquisition for Owner-Occupants or Creative Professionals seeking a turnkey retreat.
Property is move-in ready.
This 1926 bungalow has been extensively and tastefully updated, featuring a modern kitchen with high-end stainless steel appliances, updated bathrooms with contemporary fixtures, and well-maintained hardwood flooring. The property is move-in ready with significant upgrades to the living spaces and outdoor amenities like the cedar hot tub and decking, though it retains its original vintage character.
This property offers exceptional cross-canyon views that are rarely available at this price point, significantly increasing its market appeal.
The updated floorplan includes a large downstairs bonus room with a separate entrance, providing versatile options for a home office, creative studio, or guest quarters.
Features a wood-burning cedar hot tub, a sunny dining deck, and direct proximity to state park trails, perfectly capturing the quintessential Topanga indoor-outdoor lifestyle.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1338, other record living area = 1119.
Being tenant-occupied with showings limited to specific days (Thursdays and Sundays) may create logistical hurdles for prospective buyers and slow the sales momentum.
The lot size of 2,757 square feet is relatively small for the area, which may limit future expansion possibilities and reduce the sense of seclusion compared to larger canyon parcels.
Welcome to The Crow's Nest. With a quiet and peaceful mid Canyon location, this nicely updated 1920's bungalow has a cross canyon view, rarely found at this price point! This 2 bedroom, 2 bathroom home has been lovingly updated with a large bonus room below, creating a flexible floorplan offering multiple options to live/work/play at home: You'll find everything you need and nothing you don't. You'll love the serene location of this sweet Topanga hideout with a very usable yard and room for a small garden. Enjoy a relaxing soak in the wood burning cedar hot tub or enjoy a BBQ and dine al fresco on the sunny deck, just off the kitchen. And entertaining is easy because of the great indoor/outdoor flow. Downstairs has a separate entrance and the multiple outdoor living spaces create the perfect place to begin your Topanga Story. Just walk up the road into the state park to take advantage of the best trail system that The Canyon has to offer. Tenant occupied with private showings available on Thursdays and Sundays.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 23% |
| Baths | 2.0 | 3.0 | 36% |
| Square foot | 1,338 | 2,173 | 14% |
| Lot Size | 2,757 | 41,166.5 | 5% |
| Price | $1.20M | $1.65M | 27% |
| Price per sq ft | $897 | $714 | 64% |
| Built year | 1926 | 1980 | 14% |
| HOA | $0 | $0 | 50% |
| Days on market | 71 | 237 | 9% |
Feb 10, 2026
$1,200,000
Initial Listing
Feb 23, 2022
$1,100,000
Public Record
Dec 12, 2017
$675,000
Public Record
May 24, 1996
$200,000
Public Record