20155 Observation Drive
Topanga, CA 90290
Listing broker / agent: Douglas Elliman · Steven Dubin · CRMLS
MLS # 26998583 · Last checked Oct 20, 2026 15:53 UTC
About this property
Perched high above the canyon on sought-after Observation Drive, this inviting Topanga residence offers expansive mountain views, privacy, and a relaxed indoor-outdoor lifestyle that defines canyon living at its best. Set on approximately 1.4 acres, the property is framed by mature oaks and open sky, creating a rare sense of space and serenity. The home features 3 bedrooms and 4 bathrooms, with light-filled interiors and a natural, flowing layout designed for both everyday living and intimate gatherings. An open chef's kitchen and generous living spaces extend seamlessly to outdoor patios and terraces, blurring the line between inside and out. Updated finishes and warm architectural details provide understated sophistication throughout. The elevated setting enjoys a cooler microclimate, exceptional privacy, and ample parking, an uncommon convenience in Topanga. Ideally located near hiking trails, beaches, and the heart of the canyon community, this is a rare opportunity to own a turnkey home with land, views, and privacy in one of Topanga's most desirable locations.
Property details
- MLS number
- 26998583
- Status
- Active
- Type
- Residential
- Subtype
- Single Family Residence
- Beds / baths
- 3 Beds • 4 Baths
- Living area
- 2,579 (area; units unconfirmed)
- Lot size
- 1.4235 acres
- County
- Los Angeles
- Year built
- 1958
- Stories
- 2
More property detailsCollapse
Listing
- Days on market
- 8
Building
- Year built
- 1958
- Architectural style
- Spanish
- Stories
- 2
- Building stories
- 2
- Levels
- Two
Bathrooms
- Full bathrooms
- 3
- Half bathrooms
- 1
- Three-quarter bathrooms
- 0
- Quarter bathrooms
- 0
Rooms & interior
- Rooms
- Entry Foyer, Family Room, Loft, Living Room, Other
- Appliances
- Dishwasher, Microwave, Refrigerator, Dryer, Washer
- Interior features
- Loft, Walk In Closets
- Flooring
- Tile, Wood
- Heating
- Central
- Cooling
- Central Air
- Fireplace
- Decorative, Living Room
- Laundry
- Inside
- Furnishing
- Unfurnished
Exterior & parking
- Total parking spaces
- 6
- Parking
- Driveway
- Pool
- None
- Spa
- None
- Lot size source
- Assessor
- Property outlook
- Courtyard, Canyon, Mountains, Panoramic, Trees Woods
Fees & lease terms
- Association
- No
Nearby public schools
Nearby does not mean assigned. These are approximate straight-line distances from the property, not walking or driving routes. Confirm attendance boundaries, enrollment eligibility, grades and current school status directly with the district.
| School / district | Grades | Distance |
|---|---|---|
| Topanga Elementary Charter (school website, opens in a new tab) Los Angeles Unified · Topanga | K–5 | 1.2 mi |
| Marquez Charter (school website, opens in a new tab) Los Angeles Unified · Pacific Palisades | K–5 | 3.7 mi |
| Palisades Charter High (school website, opens in a new tab) Los Angeles Unified · Pacific Palisades | 9–12 | 4.5 mi |
| Calabasas High (school website, opens in a new tab) Las Virgenes Unified · Calabasas | 9–12 | 4.7 mi |
| Alice C. Stelle Middle (school website, opens in a new tab) Las Virgenes Unified · Calabasas | 6–8 | 4.7 mi |
| Chaparral Elementary (school website, opens in a new tab) Las Virgenes Unified · Calabasas | K–5 | 4.7 mi |
| Palisades Charter Elementary (school website, opens in a new tab) Los Angeles Unified · Pacific Palisades | K–5 | 4.7 mi |
Source: California Department of Education · 2025-26 school locations. Downloaded Oct 2, 2026 UTC. This annual snapshot may not reflect later changes. Public schools only; not a complete list of education options. No ratings or attendance assignments are provided.
Check the California School Directory ↗Price and tax history
Asking price
- Current asking price
- $2,895,000
- MLS-reported original asking price
- $2,895,000
| Observed (UTC) | Asking price |
|---|---|
| Oct 8, 2026 19:55 | $2,895,000 |
MLS values are reported for this listing, not prior sales. Observation dates show when our importer saw an asking price, not when the MLS changed it. Up to 24 observations are retained; changes between refreshes may be missed. This is not a complete price or sales history.
Property taxes
Tax history is not available from the imported listing data.
Source: MLS feed. Only supplied tax years are shown, up to 10 years; this is not a county tax archive. Amounts may be corrected and taxes may change after purchase. Verify assessments and current taxes with the county. These values do not automatically fill the payment calculator.
Market trends in Topanga
Active residential homes for sale in Topanga, CA, available through this website's authorized feed. Includes residential subtypes; excludes rentals. Not the entire market or a valuation of this property.
Observed price activity · past 30 days
14 currently active listings have an observed price-change pair ending in this period. A listing can appear in both counts.
Calculated 2026-10-20 16:57 UTC. Source: this website's authorized MLS inventory. Import progress, freshness rules and coverage affect the figures. Medians exclude missing/invalid values; price per sq ft is the median of individual listing ratios. Price observations are limited to the last 24 per listing and may miss changes between refreshes. This is not a complete 30-day market report, historical inventory trend, appreciation measure, or sold-price analysis.
Payment calculator
Explore a fixed-rate loan scenario. The price comes from this listing; a 20% down payment and 30-year term are starting assumptions, not requirements. Enter your own interest rate—not APR—and estimated costs.
Illustration only—not a rate quote, preapproval, lending offer or affordability determination. Assumes equal monthly payments on a fully amortizing fixed-rate loan; no adjustable rates, interest-only periods or balloon payments. Excludes closing costs, utilities, maintenance, special assessments and other unentered costs. Actual payments and escrow can differ. Review a Loan Estimate with your lender.
Understanding homeownership costs — CFPB ↗