
Topanga, California 90290
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.
Property is moderate renovation needed.
The property is a fire rebuild where the main residence is currently only a foundation. The existing 1,700 sq ft guest house, built in 1996, is nearly 30 years old and remains in mostly original condition. While functional and move-in ready, the interior is dated, featuring 1990s-era Saltillo tile flooring, traditional dark wood cabinetry, and older bathroom fixtures that lack modern updates.
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.
Spanning nearly 90 acres across two parcels, this rare offering provides unparalleled privacy and the unique opportunity to develop a massive legacy estate or multiple residences in the Santa Monica Mountains.
The property features existing fire rebuild rights, a foundation, and a septic system for a 7,000 sq ft main residence, significantly reducing the typical permitting and development hurdles in Topanga.
As a fire rebuild, the property requires a significant secondary investment of time and capital to complete the main residence before the full market value of the estate can be realized.
Located in a high-risk fire zone, the property may be subject to elevated insurance premiums and rigorous ongoing brush clearance requirements mandated by local fire authorities.
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
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 | 1,700 | 2,173 | 27% |
| Lot Size | 405,005 | 43,560 | 86% |
| Price | $4.59M | $1.73M | 95% |
| Price per sq ft | $2.7K | $714 | 95% |
| Built year | 1996 | 1980 | 91% |
| HOA | $0 | $0 | 50% |
| Days on market | 250 | 243 | 59% |
Aug 15, 2025
$4,590,000
Initial Listing
Feb 17, 2016
$3,100,000
Public Record
May 27, 2010
$3,100,000
Public Record
Feb 18, 2004
$2,200,000
Public Record
Jul 20, 1999
$1,020,500
Public Record