Tranquil Topanga Compound,
Offered at $2,700,000
Unique OFF-Market Opportunity offered at $2.7 million
At the end of a long private driveway lined with impressively large boulders, a true gem in the wild awaits. The property offers a pleasant amount of privacy and is situated on nearly 2 acres in the climate perfect Fernwood Pacific area of Topanga Canyon. The original Mediterranean style pool home is nestled into the mountainside with soaring cross canyon views. As you enter the heavy wooden front doors of the main house you’re greeted by a large open living room with high beam ceilings and picture view windows drawing the canyon views and sparkling swimming pool into the home. The large, free standing, wood-burning fireplace is the centerpiece of the room and sets the imagination flowing with the assortment of finishing touches one could incorporate into this beautiful open space. This 2 bedroom, 2 bathroom home oozes with bucolic character from the rustic handmade Saltillo/Mexican tiles throughout to the oversized custom made skylight in the living room. The master suite on the 2nd level has a private balcony with direct access to the private backyard. Mature fruit trees and native boulders are scattered throughout the ethereal land along with 4 rental properties currently producing $12,175 in monthly income. There are multiple additional spots on the property that could be used to broaden the income potential as well.
Cottage 1 is attached to the main home, which offers the opportunity to turn the main house into a 3 bedroom 3 bath home. With its direct private access to the driveway this would make the perfect granny/nanny quarters. Across the driveway and set far apart from the home 3 additional rental properties. Cottage 2 is a bachelor (studio) cabin offering a full bathroom, kitchen, and deck with an outdoor garden in the back. Cottage 3 is the largest unit, being a 2-story dwelling with 1 bedroom + bonus room and 2 full baths. The large private yard and garden creates the ideal Topanga experience. Cottage 4 is a 1 bedroom 1 bath with a sprawling private deck offering captivating cross canyon views with privacy galore. An additional stand-alone structure set apart from the 3 rentals can be easily renovated into a 2 bedroom 1 bath rental with a huge flat yard on the side. Additionally, a flat private pad in complete privacy sits at the top of the property and captures the perfect spot for a yurt with impressive private surroundings. This would make an exceptional writing retreat, art or yoga studio. A separate lot at the beginning of the driveway has potential for yet another unit. The possibilities are endless on this nearly 2-acre gem. Bring your imagination and creativity to create a quintessential Topanga retreat like no other.
The village of Topanga has long functioned as Los Angeles’s bohemian Brigadoon. Surrounded by Topanga State Park, the largest wilderness area within a city limit in the United States, it’s accessible by Topanga Canyon Boulevard passing through chaparral-covered hills and steep outcrops of rock, winding along for 12 miles from the ocean at PCH to the San Fernando Valley. Since the early 20th century, a scattering of businesses—a rotation of general stores, taverns, spiritual centers, community galleries, and cozy cafes exist along this main drag. Such as Cafe Mimosa the local French coffee and gift shop, Hidden Treasures a unique vintage and antique store specializing in clothing dating from the Victorian era to the 1980s, Cafe 27 with it’s outdoor patio is soaked in sunshine all day long and you can enjoy brunch, lunch, coffee, and even the occasional jazz or poetry readings, Topanga Fresh Market, featuring organic, locavore fare and pressed juice, Canyon Bistro features an eclectic menu of gourmet comfort foods with live music on Friday nights, and Country Natural Food with their selection of natural groceries along with homemade sandwiches, local eggs, spicy fried tofu, and some of the best homemade vegetable wontons ever. But some things don’t change. The Inn of the Seventh Ray, a terraced creek side restaurant that opened in 1973 touting “angelic vibrations,” is still festooned with fairy lights and continues to rate as a romantic destination.