23000 Saddle Peak Road, Topanga, California 90290, Topanga, 90290 - 2 bed, 2 bath

23000 Saddle Peak Road
Topanga, California 90290
Property Price
SUMMARY
Analysis of 23000 Saddle Peak Road, Topanga, California 90290 is currently available with a list price of $4,590,000. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. 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.
Condition Analysis
OVERALL CONDITION SCORE
Property is moderate renovation needed.
The property is a fire rebuild site where the main residence is currently non-existent, though infrastructure is in place. The standing guest house, built in 1996, is well-maintained and move-in ready but features dated 1990s aesthetics. The kitchen and bathrooms utilize original oak-toned cabinetry, terracotta-style tile, and glass block windows which, while functional, show signs of being outdated. As the structure is nearly 30 years old without a recent full renovation, it aligns with the 'Fair' condition category.
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 = 405005, living area = 1700.
- Expansive Dual-Parcel Land
The offering includes nearly 90 acres across two parcels, providing unparalleled privacy and the rare opportunity to develop a massive legacy estate or multiple residences in a coveted location.
- Streamlined Rebuild Infrastructure
With fire rebuild rights, an existing foundation, septic system, and original plans for a 7,000 sq ft home already in place, the development process is significantly more efficient than a raw land project.
CONSRISKS & DEFICIENCIES
- Extensive Construction Required
As a fire rebuild, the main residence is currently non-existent, requiring a buyer with the capital and patience to manage a large-scale, multi-year luxury construction project.
- High Total Capital Outlay
Beyond the $4.59M acquisition cost, the completion of a 7,000 sq ft estate and potential development of the second parcel will require a substantial additional financial investment.
- Fire Zone Vulnerability
Located in a high-fire-risk area of the Santa Monica Mountains, the property is subject to stringent building codes and potentially high insurance premiums.
About 23000 Saddle Peak Road
Exceptional Santa Monica Mountains Opportunity. THIS IS A FIRE REBUILD, INCLUDED IN THIS OFFERING IS A LARGE GUEST HOUSE to live in while you rebuild the fabulous estate on 9.29 acres. A Dual Parcel Estate with panoramic views perched high on coveted E. Saddle Peak, this rare offering presents a truly unique opportunity to own TWO STUNNING PARCELS TOTALING NEARLY 90 ACRES in the heart of the Santa Monica Mountains. With fabulous panoramic views stretching from rolling canyons to the Pacific Ocean, this is a dream setting for building your legacy estate. The primary parcel includes fire rebuild rights and is already improved with a well-appointed guest house of approximately 3,000 sq ft under roof. This includes a spacious, approx. 1,700 sq bottom story room garage with high ceilings ideal for a car collection, expansive workshop or other uses. Live comfortably here while you design and construct your dream home. Infrastructure is already in place for an approx. 7,000 sq ft main residence, including an existing foundation and septic system, plus original plans, helping to streamline your rebuild process. Adding unmatched value, this offering also includes a separate 79.34-acre unimproved parcel featuring its own expansive ocean view from the potential building sites. This second parcel gives you the flexibility to protect your views, create a private retreat or build another large single-family home. A rare chance to control and customize your surroundings in one of Southern California's most desirable locations. Whether you're seeking a peaceful escape, an investment with incredible potential or a canvas for your architectural vision, this dual parcel property offers endless possibilities. With natural beauty, privacy, and pre-existing infrastructure, APN #4438-039-042 at 9.29 acres is at 23000 E Saddle Peak, and APN#4438-033-074 at 79.34 acres is at 23010 E Saddle Peak
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1996
- Lot Size
- 405,005 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 2 (2 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 | 2.0 | 3.0 | 19% |
| Baths | 2.0 | 3.0 | 37% |
| Square foot | 1,700 | 2,200 | 30% |
| Lot Size | 405,005 | 38,773 | 85% |
| Price | $4.59M | $1.70M | 93% |
| Price per sq ft | $2.7K | $705 | 96% |
| Built year | 1996 | 1980 | 89% |
| HOA | $0 | $0 | 50% |
| Days on market | 203 | 222 | 37% |
Pricing History
Listed for Sale
Aug 15, 2025
$4,590,000
Initial Listing
Sold
Feb 17, 2016
$3,100,000
Public Record
Sold
May 27, 2010
$3,100,000
Public Record
Sold
Feb 18, 2004
$2,200,000
Public Record
Sold
Jul 20, 1999
$1,020,500
Public Record

























