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19963 Observation Drive, Topanga, CA 90290

$2.2M3bd · 3ba · 1,844 sqft
Lot 17,829 sqft•Single Family Residence•
Active
•13d on market•MLS# 00-26993783

Property Description

Tucked into Fernwood, one of Topanga's most beloved enclaves, Eagle's Nest is a soulful canyon hideaway where rustic cabin character meets fresh, modern living. Fernwood is know for its inviting microclimate and spectacular scenery, and this special property is all about big views, creative spaces, and the magic of life in the canyon. Recently remodeled, the three bedroom, three bath main home strikes a beautiful balance between contemporary comfort and vintage charm. Expansive views steal the show in the living room, where a dramatic river rock fireplace and wide-plank oak floors create a warm, inviting backdrop for everyday living and laid-back gatherings. The possibilities extend well beyond the main house. A detached, approximately 600 sq. ft. guest house or studio, complete with a generous view deck, offers space for guests, creative work, or a private escape. Add to that a whimsical, approximately 144 sq. ft. "baby" geodesic dome, perfect as an artist's hideaway, play space, or something entirely your own. Outdoor living takes center stage, with multiple terraces and expansive decks made for sunset dinners, weekend entertaining, or simply taking in the extraordinary canyon views. Screened vegetable beds, drought-tolerant landscaping, and majestic mature oaks bring a natural, sustainable sensibility to the property. Convenient street-level parking, plus additional gated parking, adds to the appeal. A rare blend of character, versatility, and natural beauty, Eagle's Nest offers the quintessential Topanga lifestyle with a proven Airbnb income history and room to make it your own.

Features & Amenities

FeeBuilt 1931

Property Details

Land Type
Fee
Year Built
1931
Property Type
Residential
Property Subtype
Single Family Residence
Heating
Combination
View
Canyon, Mountain(s), Panoramic, Trees/Woods
Flooring
Wood
Roof
Shingle, Wood, Composition
City
Topanga
Zip Code
90290
County
Los Angeles
Listed byUnknown Office, Joseph Kilgore

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$11,124.40
Principal & Interest
Loan Amount
$1,760,000
Total Interest
$2,244,783
Total Payment Over 30 Years
$4,004,783
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

19963 Observation Drive, Topanga, CA 90290

Topanga · Single Family Residence

$2.2M
Luxury Tier
Beds
3
Baths
3
Sqft
1,844
Lot
17,829 sqft
Year
1931
$/Sqft
$1193
Pool: No✓
Spa: No✓
View: city✓

Listed 63.0% above the median closed sale of $1,350,000. Price per sqft ($1,193) is a 67% premium to closed comps ($716). Closed comps sold at 95% of list — buyers have negotiating leverage. Expect a longer timeline — comps averaged 210 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 $2.20M· $1,193/sqft
Total list price
Closed comps
vs closed median $1.35M
+$850K (+63.0%)
Active comps
vs active median $1.70M
+$501K (+29.5%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $1,006
+$187 (+18.6%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
1367 Oakwood DriveTopanga1935332,08917,438$981$2.05M680
1230 Old Topanga Canyon RoadTopanga1944431,96018,437$867$1.70M3369
21071 Waveview DriveTopanga1938431,92416,348$1,141$2.19M3367
517 Canon View TrailTopanga1926441,3787,123$1,160$1.60M11566
1239 Fernwood Pacific DriveTopanga1931331,7001,860$882$1.50M1660
Total: 5 · Average3.63.21,810.212,241.2$1,006.2$1.81M40.6
Median1,924$1.70M

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
19818 Valley View DriveTopanga198808/10/2026432,12012,980$1.50M$1.48M$6980.9914275
1310 Topanga Canyon BoulevardTopanga197908/28/2026221,59323,792$1.40M$1.35M$8470.969372
1128 Canyon TrailTopanga196705/14/2026431,87214,826$1.50M$1.36M$7290.9123865
2733 Halsey RoadTopanga198105/07/2026332,39412,806$1.30M$1.20M$5010.9238665
502 Fernwood Pacific DriveTopanga192708/14/2026321,60020,000$1.35M$1.29M$8050.9519364
Total: 5 · Average3.22.61,915.816,880.8$1.34M$1.34M$716—210.4
Median1,872$1.35M$1.35M

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.