20888 Waveview Drive
Topanga, CA, 90290 $ 3,500,000
Bedrooms7 Baths5.1 Sq 2,267 Monthly Estimate*
$ 23,262
for $3,500,000 with 7 bedrooms and 5 full baths, 1 half bath. This 2,267 square foot home was built in 1955 on a lot size of 0.38.
Perched above one of Topanga's most exclusive streets in the prestigious "P.O. Tract," this rare gem, is a compound adjacent to the sprawling 11,000-acre Topanga State Park, this property offers King-of-the-Hill serenity, privacy, & breathtaking natural beauty. The estate comprises 3 distinct houses & 4 add'l dwelling units, thoughtfully laid out across a picturesque landscape of terraces, stone walls, pathways, & mature greenery. Each dwelling exudes charm & character, creating a sense of both seclusion & community, while offering sweeping 360-degree views of the surrounding canyon & mountains. An elevated entrance welcomes you leading to a security gate & circular drive, framing majestic Washingtonia palms that can be seen towering above the oak canopy from nearly anywhere in the State Park, marking the property, inviting exploration & indulgence in the pinnacle of indoor-outdoor living. Giant Birds of Paradise thrive throughout the yard, & numerous drought-tolerant cacti & Aloe Vera border the grounds. The main house, situated at the highest point of the estate, has a ranch-style aesthetic w/original Mexican Saltillo tile floors, & countertops of hand painted Malibu Ceramic tiles molded & fired from Laguna clay. Floor-to-ceiling windows flood the space w/natural light & offer unparalleled views of the Santa Monica Mountains. The kitchen is appointed w/Wolf stove & a stainless steel refrigerator, a stacked laundry center, & access to the outdoor grilling area. 3 bedrooms have the clean lines of solid hickory wood floors & glass doors that open to edge-of-the-world views. The premiere bedroom boasts a custom walk-in closet, entered through intricately carved, antique doors inlaid w/mother-of-pearl traditional craftsmanship from the tranquil island of Lombok, Indonesia, handpicked by the owner during his extensive travels. A glass door beckons to the outdoor Sundance Jacuzzi, sauna, & al fresco shower nestled on a terrace shaded by a lovely old oak. The full bath showcases travertine tile & natural stone wash basin. A wrap-around terrace, w/mosaic tile flooring & stone walls, surrounds the main house. 500+ sq ft of the cabana/outdoor dining area offers an inspirational space for kicking back or entertaining. The 2nd house exudes a cozy cabin vibe, w/a bright & airy open floor plan. The original patina of 1950's handcrafted California pine cabinets & paneled walls throughout the home radiates charm; as do solid hickory wood floors, & a wood-burning stove set against a backdrop of river rock. Picture windows frame the breathtaking views, while a spacious terrace invites you to relax & unwind in style. Likewise, the bedroom vista also overlooks the treetops of the state park. The tiled bathroom features a glass-enclosed shower. The 3rd house is a quaint but roomy 1948 one-bedroom cottage tucked away at the tranquil end of the street, surrounded by parkland & oak trees. The pvt driveway accommodates 2 cars, while an enclosed garage provides secure storage + washer/dryer. This bright, airy cottage has fresh exterior paint, newer roof, newer windows, Hickory floors throughout, & tile accents in the sassy white kitchen. The open-beamed ceiling & Jack Rice river rock fireplace w/wood burning stove inset maintain the original charm. 350 sq ft deck overlooks the park, provides below-deck storage, & platforms an outdoor clawfoot tub for soaking under the stars. The standalone units, including a 1969, 31' Streamline Trailer w/hook ups, each offering myriad amenities ideal for offices, tiny homes or artist studios & they are oriented to balance privacy & community. Between them lies plenty of open land, some of which is currently dedicated to massive, raised bed garden and has potential for a pool! A compelling investment - or co-living opportunity with endless possibilities - whether you're seeking a private home, investment, or creative haven this lucrative income-generating venture is where dreams can take flight!
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FeaturesGeneralInterior Features Kitchen Island Tile Counters
Heating Central Fireplace(s)
Cooling Central Air
Possession Close of Escrow
Roof Stone
Zoning LCR110000*
Patio/Porch Features Roof Top Deck
Architectural Style Ranch
Pool Features Above Ground
Security Features Card/Code Access Gated Community Fire Sprinkler System
Exclusions Outdoor statues master closet doors
3/4 Baths 4
Full Baths 1
Half Baths 1
Year Built 1955
View Courtyard Canyon Trees/Woods Mountain(s)
Levels One
Property SubType Single Family Residence
County Los Angeles
New Construction No
Property Type A
HOA / Comm Assn No
Attached Garage No
Other Structures Guest House
Status Active
City Topanga
Buyer Agent Compensation 2.50
Entry Location Ground Level - no steps
View Y/N Yes
Senior Community Y/N No
MLS Area TOP - Topanga
Lot Size Square Feet 16709.0
Street Name Waveview
Land Lease Y/N No
Property Condition Updated/Remodeled
Virtual Tour https://youtu.be/spTTdkJs3MI?feature=shared
Standard Status Active
Occupancy Type Owner
Buyer Agent Compensation Type %
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InteriorFlooring Wood
Kitchen Appliances Disposal Dishwasher Gas Oven Refrigerator
Fireplace Features Propane Wood Burning
Common Walls No Common Walls
Air Conditioning Y/N Yes
Heating Y/N Yes
Window Features Skylight(s) Custom Covering
Fireplace Y/N Yes
Street Suffix Drive
Total Bathrooms 6.0
Laundry Features Washer Included Dryer Included
Total Baths 6
Total Bedrooms 7
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ExteriorFencing Stone
Parking Features Circular Driveway
Lot Features Landscaped
Water Source Public
Lot Size Area 16709.0
Foundation Details See Remarks
Spa Yes
Pool Y/N? No
Building Area Total 2267.0
Lot Size Acres 0.38
Lot Size Units Square Feet
RV Parking Dimensions 31
Land Lease Type Fee
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* Excluded FeaturesList ByTanya StarcevichListing Agent
Affordability Calculator
- Monthly Principal & Interest
- $23,262
- Monthly Property Taxes
- --
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbySingle family listings in Topanga, CA
Average List Price $2,704,633
Percent of Sale Price 23%
About Topanga, CA 8,461 Population
10% Since 2002
$ 130,901 Median Income
50.08 Median Age
32% Households with Children
Trends Information provided by ATTOM Data Solutions.
793437 Elementary School
793428 Middle School
Unknown High School High School
Pricing HistoryDate | Price | Price Change | Description |
---|
5/1/2024 | $3,500,000 | | Listed Price |