Project Observation is a rare fixer opportunity tucked into the hillside in the heart of Topanga Canyon’s desirable Fernwood area. Set on approximately 36,824 square feet, or about 0.85 acres, this private canyon property offers a comfortable 2-bedroom, 2-bath main house surrounded by multiple rustic accessory structures, including an office, yurt, cabin, studio, trailer, and storage areas.
The main house features an inviting open floor plan that extends out to large private decks and a spacious flagstone courtyard, creating a natural setting for outdoor dining, gathering, and entertaining. The grounds include raised garden beds, a fire pit area, natural pathways, and a perched hillside yurt with a distinctive history. A rock ledge staircase leads to additional studio and cabin spaces with beautiful cross-canyon views.
With its privacy, creative spirit, and generous land, this property offers tremendous potential for someone ready to restore, reimagine, and bring new life to a one-of-a-kind Topanga compound. The property is sold as-is, with a notice of violation on title, and the seller may carry. Buyer to verify square footage, lot size, permits, zoning, structures, and all property details.





