3121 Old Topanga Canyon, Calabasas, California 90290, Calabasas, 90290 - 5 bed, 8 bath

3121 Old Topanga Canyon
Calabasas, California 90290
Property Price
SUMMARY
Analysis of 3121 Old Topanga Canyon, Calabasas, California 90290 is currently available with a list price of $12,975,000. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. Located in a high-demand neighborhood within the Calabasas 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 new construction or fully renovated.
This property is a brand-new construction (built 2025) and has never been occupied, meeting the highest standard for condition. The kitchen features top-of-the-line integrated appliances, sleek modern cabinetry, and luxurious marble countertops. Bathrooms are equally impressive with contemporary fixtures, freestanding tubs, large walk-in showers, and high-quality tile work. Throughout the home, there are modern light fixtures, wide plank wood flooring, and integrated smart home automation, indicating all components are new and meet current quality standards with no deferred maintenance.
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 = 200699, living area = 8953.
- Panoramic Views & Elevated Location
Offers sweeping panoramic views of canyons and city lights from nearly every room, situated in an elevated position above Calabasas.
- New Construction & Architectural Excellence
A brand-new, never-occupied residence (built 2025) featuring a distinctive X-shaped layout by renowned architect Robbin Hayne and modern design elements like 24-foot ceilings.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =200699, other record lot size in square feet = 200637.
- Exclusive Price Point
The substantial list price of $12,975,000 positions this property for a highly exclusive buyer demographic, potentially narrowing market appeal.
- High Maintenance Demands
A nearly 9,000 sqft estate on a 4.6-acre lot with extensive amenities will necessitate significant ongoing maintenance and operational costs.
About 3121 Old Topanga Canyon
Introducing Skycrest, a striking brand-new construction spanning nearly 9,000 square feet and never previously occupied. Perched above the city, the residence offers sweeping panoramic views from nearly every room and exemplifies modern architectural design with a strong connection to its natural surroundings. Collapsible walls of glass create a seamless indoor-outdoor flow, opening to multiple entertaining areas, including a fire pit, pool, and expansive canyon and city-light vistas. Designed in a distinctive X-shaped layout by renowned architect Robbin Hayne, the home emphasizes privacy, balance, and functionality. Each bedroom is configured as a private suite with its own courtyard, while the primary retreat features a dedicated outdoor spa and lounge area. Interior highlights include soaring 24-foot ceilings, reclaimed Wyoming wood accents, a private movie theater, climate-stable wine cellar, separate butler’s kitchen with private entrance, and a lounge and bar ideal for entertaining. The property is equipped with Control4 smart home automation and a 16-zone security system. Outdoor amenities include a resort-style pool and spa, fire pit, barbecue area, and a poolside changing room with full bath. Gated road access enhances privacy, with nearby fire hydrants providing additional peace of mind. The estate also offers winery-ready grounds and future expansion potential, with two previously entitled adjacent parcels available separately—ideal for an additional residence, private sports court, or expanded grounds—bringing the total opportunity to nearly 15 acres. Skycrest presents a rare offering of architectural distinction, privacy, and elevated living.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 2025
- Lot Size
- 200,699 Sq. Ft.
Interior
- Total Bedrooms
- 5
- Total Bathrooms
- 8 (8 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 | 5.0 | 3.0 | 81% |
| Baths | 8.0 | 3.0 | 96% |
| Square foot | 8,953 | 2,385 | 96% |
| Lot Size | 200,699 | 38,773 | 81% |
| Price | $12.97M | $1.70M | 96% |
| Price per sq ft | $1.4K | $705 | 93% |
| Built year | 2025 | 1980 | 96% |
| HOA | $0 | $0 | 50% |
| Days on market | 31 | 222 | 4% |
Pricing History
Listed for Sale
Feb 3, 2026
$12,975,000
Initial Listing







































