3121 Old Topanga Canyon, Calabasas, California 90290, Calabasas, 90290 - 5 bed, 8 bath
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Calabasas, California 90290
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.
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.
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.
Offers sweeping panoramic views of canyons and city lights from nearly every room, situated in an elevated position above Calabasas.
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.
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.
The substantial list price of $12,975,000 positions this property for a highly exclusive buyer demographic, potentially narrowing market appeal.
A nearly 9,000 sqft estate on a 4.6-acre lot with extensive amenities will necessitate significant ongoing maintenance and operational costs.
Introducing Skycrest — a newly constructed ~9,000 SF ridge estate on ~5 acres with unobstructed 360° city and canyon views. Privately positioned above the surrounding landscape, this offering delivers a rare combination of scale, privacy, and proximity just minutes from Calabasas and the 101. Designed by Robbin Hayne, the home features an X-shaped layout maximizing views and separation, with retractable walls of glass creating seamless indoor-outdoor living. Resort-style grounds include a pool, spa, fire features, and multiple entertaining areas. All bedrooms are en-suite with private outdoor spaces. The primary suite offers a dedicated spa terrace and lounge. Interior highlights include 24-foot ceilings, reclaimed wood accents, theater, wine cellar, butler’s kitchen with private access, and smart home integration. Gated access ensures privacy. Winery-ready grounds and additional expansion potential with two adjacent parcels available separately (total ~15 acres). A rare opportunity to own a newly built ridge estate with topography and views that are increasingly difficult to replicate in Los Angeles.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 3.0 | 82% |
| Baths | 8.0 | 3.0 | 95% |
| Square foot | 8,953 | 2,400 | 95% |
| Lot Size | 200,699 | 43,560 | 82% |
| Price | $12.97M | $1.73M | 95% |
| Price per sq ft | $1.4K | $714 | 95% |
| Built year | 2025 | 1980 | 95% |
| HOA | $0 | $0 | 50% |
| Days on market | 78 | 237 | 14% |
Feb 3, 2026
$12,975,000
Initial Listing