20888 Waveview Drive
Topanga, CA 90290
- 7 beds
- 6 baths
- 2,267 sqft
- ~1/2 acre lot
- $1,543 per sqft
- 1955 build
- – on site
Perched above one of Topanga's most exclusive streets in the prestigious "P.O. Tract," this rare gem, is a compound adjacent to the sprawling 11,000-acre Topanga State Park, this property offers King-of-the-Hill serenity, privacy, & breathtaking natural beauty. The estate comprises 3 distinct houses & 4 add'l dwelling units, thoughtfully laid out across a picturesque landscape of terraces, stone walls, pathways, & mature greenery. Each dwelling exudes charm & character, creating a sense of both seclusion & community, while offering sweeping 360-degree views of the surrounding canyon & mountains. An elevated entrance welcomes you leading to a security gate & circular drive, framing majestic Washingtonia palms that can be seen towering above the oak canopy from nearly anywhere in the State Park, marking the property, inviting exploration & indulgence in the pinnacle of indoor-outdoor living. Giant Birds of Paradise thrive throughout the yard, & numerous drought-tolerant cacti & Aloe Vera border the grounds. The main house, situated at the highest point of the estate, has a ranch-style aesthetic w/original Mexican Saltillo tile floors, & countertops of hand painted Malibu Ceramic tiles molded & fired from Laguna clay. Floor-to-ceiling windows flood the space w/natural light & offer unparalleled views of the Santa Monica Mountains. The kitchen is appointed w/Wolf stove & a stainless steel refrigerator, a stacked laundry center, & access to the outdoor grilling area. 3 bedrooms have the clean lines of solid hickory wood floors & glass doors that open to edge-of-the-world views. The premiere bedroom boasts a custom walk-in closet, entered through intricately carved, antique doors inlaid w/mother-of-pearl traditional craftsmanship from the tranquil island of Lombok, Indonesia, handpicked by the owner during his extensive travels. A glass door beckons to the outdoor Sundance Jacuzzi, sauna, & al fresco shower nestled on a terrace shaded by a lovely old oak. The full bath showcases travertine tile & natural stone wash basin. A wrap-around terrace, w/mosaic tile flooring & stone walls, surrounds the main house. 500+ sq ft of the cabana/outdoor dining area offers an inspirational space for kicking back or entertaining. The 2nd house exudes a cozy cabin vibe, w/a bright & airy open floor plan. The original patina of 1950's handcrafted California pine cabinets & paneled walls throughout the home radiates charm; as do solid hickory wood floors, & a wood-burning stove set against a backdrop of river rock. Picture windows frame the breathtaking views, while a spacious terrace invites you to relax & unwind in style. Likewise, the bedroom vista also overlooks the treetops of the state park. The tiled bathroom features a glass-enclosed shower. The 3rd house is a quaint but roomy 1948 one-bedroom cottage tucked away at the tranquil end of the street, surrounded by parkland & oak trees. The pvt driveway accommodates 2 cars, while an enclosed garage provides secure storage + washer/dryer. This bright, airy cottage has fresh exterior paint, newer roof, newer windows, Hickory floors throughout, & tile accents in the sassy white kitchen. The open-beamed ceiling & Jack Rice river rock fireplace w/wood burning stove inset maintain the original charm. 350 sq ft deck overlooks the park, provides below-deck storage, & platforms an outdoor clawfoot tub for soaking under the stars. The standalone units, including a 1969, 31' Streamline Trailer w/hook ups, each offering myriad amenities ideal for offices, tiny homes or artist studios & they are oriented to balance privacy & community. Between them lies plenty of open land, some of which is currently dedicated to massive, raised bed garden and has potential for a pool! A compelling investment - or co-living opportunity with endless possibilities - whether you're seeking a private home, investment, or creative haven this lucrative income-generating venture is where dreams can take flight!
Listed By CRMLS_CA / Tanya Starcevich / KW Advisors
Last checked:
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Last updated May 17, 2024
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MLS# 24378221 —
This home is listed in more than one place. See it here.
Monthly cost estimate
Asking price
$3,500,000
Expense | Monthly cost |
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Mortgage
This calculator is intended for planning and education purposes only. It relies on assumptions and information provided by you regarding your goals, expectations and financial situation, and should not be used as your sole source of information. The output of the tool is not a loan offer or solicitation, nor is it financial or legal advice. |
$18,741
|
Taxes | N/A |
Insurance | $962 |
Utilities | $194 See report |
Total | $19,897/mo.* |
*This is an estimate |
Walk Score®
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Bike Score®
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Soundscore™
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Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Air Pollution Index
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Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
5/1/24
May 1, 2024
|
Listed / Active | CRMLS_CA | $3,500,000 | 629.2% (81.3% / YR) |
8/4/16
Aug 4, 2016
|
CRMLS_CA | $480,000 | 33.3% | |
11/30/15
Nov 30, 2015
|
CRMLS_CA | $360,000 |