Listing by: Tanya Starcevich, KW Advisors

1738fa16 4fba 4d33 818b 4ab88f35df68

7 Beds

6 Baths

2,267 SqFt

Active

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!

Property Details
Price $3,500,000
Bedrooms 7
Full Baths 1
Half Baths 1
Total Baths 6
Property Style Ranch
Lot Size Area 16709
Lot Size Area Units Square Feet
Acres 0.3836
Property Type Residential
Sub type SingleFamilyResidence
MLS Sub type Single Family Residence
Stories 0
Year Built 1955
View Mountain(s),Canyon,Trees/Woods,Courtyard
Heating Central,Propane,Fireplace(s)
Lot Description Landscaped
Laundry Features Washer Included,Dryer Included
Pool features None
Parking Description Circular Driveway,RV Hook-Ups,RV Access/Parking,Garage - Single Door
Parking Spaces 12
Garage spaces 1
Geographic Data
Directions Topanga Canyon Blvd to Entrada to Waveview left to private driveway
County Los Angeles
Latitude 34.091459
Longitude -118.58911
Market Area TOP - Topanga
Address Information
Address 20888 Waveview Drive, Topanga, CA 90290
Postal Code 90290
City Topanga
State CA
Country United States
Listing Information
Listing Office KW Advisors
Listing Agent Tanya Starcevich
Buyer Agency Compensation 2.500
Buyer Agency Compensation Type %
Compensation Disclaimer The offer of compensation is made only to participants of the MLS where the listing is filed.
Special listing conditions Standard
Virtual Tour URL https://youtu.be/spTTdkJs3MI?feature=shared
MLS Information
Days on market 16
MLS Status Active
Listing Date May 1, 2024
Listing Last Modified May 17, 2024
Tax ID 4445020008
MLS Area TOP - Topanga
MLS # 24378221

Map View


This information is believed to be accurate, but without any warranty.