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1551 Penny Road, Topanga, CA 90290

$2.98M3bd · 3ba · 3,199 sqft
Lot 28,332 sqft•Single Family Residence•
Active
•270d on market•MLS# 00-26637253

Property Description

Tucked into the hills of Topanga, this rare 1930s retreat blends timeless character with thoughtfully curated modern updates and sweeping canyon and mountain views. Original hardwood floors, vaulted ceilings and exposed wood beams create a warm and authentic atmosphere, while expansive windows frame the surrounding landscape. The main living level features a dramatic living room with soaring ceilings and a wood-burning stove, flowing into the dining area and remodeled chef's kitchen with custom walnut cabinetry, volcanic stone countertops, a Viking range and an adjacent lounge area ideal for entertaining. Two guest bedrooms on this level enjoy peaceful views, along with a full bathroom with backyard access and a convenient half bath with double sinks. The lower level offers a serene primary suite with a spa-like en-suite bath featuring dual sinks, a clawfoot tub and a glass-enclosed shower, plus an oversized flexible room perfect for a screening room, office or creative space. Outdoors, enjoy a private, resort-style setting with lush landscaping, a saltwater pool and spa, expansive patios and multiple outdoor living areas. A true Topanga escape approximately six miles to Woodland Hills and ten miles to the beach.

Features & Amenities

FeeBuilt 1934

Property Details

Land Type
Fee
Year Built
1934
Property Type
Residential
Property Subtype
Single Family Residence
Heating
Central, Fireplace(s)
Cooling
Central Air
View
Canyon, Mountain(s), Panoramic, Trees/Woods
Flooring
Wood
City
Topanga
Zip Code
90290
County
Los Angeles
Listed byCompass, Kennon Earl

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$15,043.22
Principal & Interest
Loan Amount
$2,380,000
Total Interest
$3,035,559
Total Payment Over 30 Years
$5,415,559
This calculator provides estimates only. Actual mortgage payments may include taxes, insurance, HOA fees, and PMI. Contact a lender for accurate quotes.

Comparative Market Analysis

Luxury Tier · 5 active · 5 closed

1551 Penny Road, Topanga, CA 90290

Topanga · Single Family Residence

$2.98M
Luxury Tier
Beds
3
Baths
3
Sqft
3,199
Lot
28,332 sqft
Year
1934
$/Sqft
$930
Pool: Yes✓
Spa: Yes✓
View: city✓

Listed 90.6% above the median closed sale of $1,561,000. Price per sqft ($930) is a 43% premium to closed comps ($649). Closed comps sold at 94% of list — buyers have negotiating leverage. Expect a longer timeline — comps averaged 142 days on market. Luxury tier — fewer comparable sales widen the confidence range.

Price Position

Positioned above the market — commands a premium.

Premium
Subject listed at $2.98M· $930/sqft
Total list price
Closed comps
vs closed median $1.56M
+$1.41M (+90.6%)
Active comps
vs active median $2.20M
+$776K (+35.3%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $764
+$166 (+21.8%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
774 Old Topanga Canyon RoadTopanga2002322,31624,839$734$1.70M18172
2119 Rockview TerraceTopanga1986442,93641,544$920$2.70M7168
20675 Medley LaneTopanga1988543,80016,402$678$2.58M22164
2600 Topanga SkylineTopanga1940533,37924,238$592$2.00M12663
20685 Hillside DriveTopanga1991542,45619,000$895$2.20M72663
Total: 5 · Average4.43.42,977.425,204.6$763.8$2.23M265
Median2,936$2.20M

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
21165 Entrada RoadTopanga199208/21/2026332,68021,126$3.00M$2.60M$9700.8712759
1557 Topanga Skyline DriveTopanga198806/17/2026442,55023,162$1.49M$1.45M$5690.986957
20465 Callon DrTopanga198206/05/2026443,02116,459$2.00M$1.90M$6290.957756
20640 Medley LaneTopanga200207/20/2026332,70013,397$1.59M$1.56M$5780.985055
2733 Halsey RoadTopanga198105/07/2026332,39412,806$1.30M$1.20M$5010.9238651
Total: 5 · Average3.43.42,66917,390$1.74M$1.74M$649.4—141.8
Median2,680$1.56M$1.56M

Market Analysis

List vs Sale $/SqFt

Sale Price Trend

Days on Market

Sale vs List Price

AI-generated CMA

This analysis was generated automatically from MLS data. For an in-depth, human-reviewed valuation, contact Joseph Sardella at josephsardella@gmail.com.