2521 Topanga Skyline Drive, Topanga, California 90290, Topanga, 90290 - 3 bed, 2 bath
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2521 Topanga Skyline Drive
Topanga, California 90290
ACTIVE
CONDITION: FAIR
3Beds
2Baths
3,000Sq Ft
46,000Lot Size
Property Price
LIST PRICE$2,100,000
EST. MARKET VALUE
$2,100,000
SUMMARY
This Rustic Topanga Lodge represents a Strong Value Opportunity, listed at a List Price of $2,100,000, which aligns with its $2,100,000 Fair Market Value. While the property maintains a Fair Condition Rating, it offers significant income potential through multiple guest houses currently generating $13,000 monthly. Key features include redwood cathedral ceilings, a private waterfall, and panoramic canyon views. This asset is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a unique, income-producing retreat in a serene natural setting.
Estimated Market Value
$2,100,000
Based on Realkey algorithm analyzing recent comparable sales in Topanga.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2521 Topanga Skyline Drive Subject | $2,100,000* List Price | 3 | 2 | 3,000 | $700 | - |
A 1520 Bonnell Drive Active | $2,399,000 List Price | 3 | 4 | 2,760 | $869 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
Built in 1979, this property is over 40 years old and maintains a heavily dated rustic aesthetic. While the kitchen has been partially updated with modern stainless steel appliances and the HVAC system includes a newer exterior mini-split unit, the core elements like the tile countertops, cabinetry, and wood finishes appear to be 20+ years old. It is functional and move-in ready but requires cosmetic modernization to move out of the 'Fair' 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 = 46000, living area = 1498.
- Significant Income Generation
The property features multiple guest houses currently generating $13,000 per month in rental income, providing a substantial revenue stream that offsets the cost of ownership.
- Unique Architectural Character
This 'Rustic Topanga Lodge' offers rare artisanal details, including redwood cathedral ceilings, handcrafted stone accents, and stained glass windows that create a distinct, high-demand aesthetic.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =46000, other record lot size in square feet = 4134. Living area discrepancy between mls listing and other public or private record. mls listing living area = 1498, other record living area = 600. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 1.
- High Price per Square Foot
With a list price of $2.1 million for a 1,498-square-foot main residence, the property commands a significant premium that may challenge buyers looking for more interior living space.
- Tenant-Related Privacy Constraints
The presence of multiple occupied guest houses on a one-acre lot may limit the owner's immediate privacy and full autonomy over the grounds.
About 2521 Topanga Skyline Drive
Rustic Topanga Lodge set on an acre amidst a waterfall and adjacent hiking trails! This is a rare offering - the property features magnificent stone accents including a hand crafted indoor stone soaking tub! Redwood cathedral ceilings & stained glass windows capture the sunrise and sunset w/a perfect view from your vantage point. Features incl 3 bedroom 2 bath with DreamLine French Corner shower and double copper sink. Full kitchen with modern stainless steel appliances including a microwave and dishwasher. Computer station and step down living room with timber hardwood flooring. POP Pier timber floors. The light filled master loft has a separate toilet and glass windows and a patio for gazing at the stars by night! Multiple guest houses generate income on this property - tenants in place generate $13k/mo -
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1979
- Lot Size
- 46,000 Sq. Ft.
Interior
- Total Bedrooms
- 3
- 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 |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 2.0 | 2.2 |
| Square foot | 3,000 | 1,632.214 |
| Lot Size | 46,000 | 19,599.643 |
| Price | $2.10M | $1.42M |
| Price per sq ft | $700 | $738 |
| Built year | 1979 | 1963 |
| HOA | $0 | $650 |
| Days on market | 75 | 71 |
Pricing History
Listed for Sale
Jun 26, 2026
$2,100,000
Initial Listing
Sold
Feb 15, 2019
$1,155,000
Public Record