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

23000 Saddle Peak Road, Topanga, California 90290 home-pic-0

23000 Saddle Peak Road

Topanga, California 90290

ACTIVE
CONDITION: FAIR
2Beds
2Baths
1,700Sq Ft
405,005Lot Size

Property Price

LIST PRICE$4,590,000

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

Fair
TeardownExcellent

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oak-toned cabinetry, terracotta-style tile, and glass block windows which, while functional, show signs of being outdated.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

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds2.03.0
19%
Baths2.03.0
37%
Square foot1,7002,200
30%
Lot Size405,00538,773
85%
Price$4.59M$1.70M
93%
Price per sq ft$2.7K$705
96%
Built year19961980
89%
HOA$0$0
50%
Days on market203222
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

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