23000 Saddle Peak Road, Topanga, California 90290, Topanga, 90290 - 2 bed, 2 bath

23000 Saddle Peak Road, Topanga, California 90290 home-pic-0
ACTIVE$4,590,000
23000 Saddle Peak Road, Topanga, California 90290
2Beds
2Baths
1,700Sqft
405,005Lot
Year Built
1996
Close
-
List price
$4.59M
Original List price
$4.59M
Price/Sqft
$2,700
HOA
-
Days on market
-
Sold On
-
MLS number
25579327
Home ConditionFair
Features
Excellent View: Ocean, Panoramic
Patio
ViewOcean, Panoramic

About this home

We found 3 Cons,5 Pros. Rank: price - $4.59M(93th), sqft - 1700(37th), beds - 2(23th), baths - 2(37th).

Exceptional Santa Monica Mountains Opportunity. THIS IS A FIRE REBUILD, INCLUDED IN THIS OFFERING IS A LARGE GUEST HOUSE to live in while you rebuild the fabulous estate on 9.29 acres. A Dual Parcel Estate with panoramic views perched high on coveted E. Saddle Peak, this rare offering presents a truly unique opportunity to own TWO STUNNING PARCELS TOTALING NEARLY 90 ACRES in the heart of the Santa Monica Mountains. With fabulous panoramic views stretching from rolling canyons to the Pacific Ocean, this is a dream setting for building your legacy estate. The primary parcel includes fire rebuild rights and is already improved with a well-appointed guest house of approximately 3,000 sq ft under roof. This includes a spacious, approx. 1,700 sq bottom story room garage with high ceilings ideal for a car collection, expansive workshop or other uses. Live comfortably here while you design and construct your dream home. Infrastructure is already in place for an approx. 7,000 sq ft main residence, including an existing foundation and septic system, plus original plans, helping to streamline your rebuild process. Adding unmatched value, this offering also includes a separate 79.34-acre unimproved parcel featuring its own expansive ocean view from the potential building sites. This second parcel gives you the flexibility to protect your views, create a private retreat or build another large single-family home. A rare chance to control and customize your surroundings in one of Southern California's most desirable locations. Whether you're seeking a peaceful escape, an investment with incredible potential or a canvas for your architectural vision, this dual parcel property offers endless possibilities. With natural beauty, privacy, and pre-existing infrastructure, APN #4438-039-042 at 9.29 acres is at 23000 E Saddle Peak, and APN#4438-033-074 at 79.34 acres is at 23010 E Saddle Peak

Price History

Date
Event
Price
08/15/25
Listing
$4,590,000
02/17/16
Sold
$3,100,000
05/27/10
Sold
$3,100,000
02/18/04
Sold
$2,200,000
07/20/99
Sold
$1,020,500
Condition Rating
Fair

The property, described as a 'guest house' built in 1996, is functional and appears well-maintained. However, the kitchen features traditional wood cabinetry and terracotta-style floor tiles, which, along with the bathroom's similar tiling, wood vanity, and busy stone finishes, show signs of being outdated. While move-in ready and without immediate repair needs, these areas would benefit from minor aesthetic updates to align with current styles, placing it in the 'Fair' category.
Pros & Cons

Pros

Vast Dual-Parcel Acreage: Comprising nearly 90 acres across two parcels, this property offers unparalleled privacy, expansive space, and significant future development flexibility in a highly desirable location.
Exceptional Panoramic Views: Features breathtaking panoramic views of the Pacific Ocean and Santa Monica Mountains, providing a stunning natural backdrop for a luxury estate.
Streamlined Rebuild Potential: Includes fire rebuild rights for an approximate 7,000 sq ft main residence, with existing foundation, septic system, and original plans, significantly simplifying the construction process.
On-Site Temporary Residence: A well-appointed 3,000 sq ft guest house (including a large garage/workshop) provides comfortable temporary living accommodations during the main home's construction.
High Investment & Customization Value: Represents a rare opportunity to create a bespoke legacy estate or private retreat, offering substantial long-term investment potential and complete architectural customization.

Cons

Extensive Construction Required: The primary 7,000 sq ft residence needs to be built from the ground up, demanding significant time, capital, and project management from the buyer.
Fire Rebuild Implications: As a fire rebuild, buyers must navigate the complexities of new construction, including permits, design, and potential unforeseen challenges associated with rebuilding a large estate.
Remote Mountain Accessibility: While offering privacy, the high mountain location on Saddle Peak may entail longer travel times to urban amenities and could be subject to specific access or environmental considerations.

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