20155 Observation Drive, Topanga, CA 90290
20155 Observation Drive, Topanga, CA 90290
Property Description
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.
Features & Amenities
Property Details
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Comparative Market Analysis
Luxury Tier · 5 active · 5 closed
Topanga · Single Family Residence
Listed 86.8% above the median closed sale of $1,550,000. Price per sqft ($1,123) is a 57% premium to closed comps ($715). Luxury tier — fewer comparable sales widen the confidence range.
Price Position
Positioned above the market — commands a premium.
Active Properties (5)
Active Comparables
| Address | City | Year | BD | BTH | SqFt | LotSz | LP/SqFt | LP | DIM | Score |
|---|---|---|---|---|---|---|---|---|---|---|
| 22013 Alta Drive | Topanga | 1980 | 3 | 3 | 2,709 | 47,388 | $692 | $1.88M | 2 | 80 |
| 2165 Little Las Flores Road | Topanga | 2026 | 3 | 4 | 2,724 | 42,929 | $1,320 | $3.60M | 8 | 79 |
| 21670 Encina Road | Topanga | 1972 | 4 | 3 | 2,400 | 32,246 | $666 | $1.60M | 11 | 73 |
| 2411 Topanga Canyon Boulevard | Topanga | 2021 | 3 | 3 | 2,728 | 17,139 | $531 | $1.45M | 95 | 67 |
| 774 Old Topanga Canyon Road | Topanga | 2002 | 3 | 2 | 2,316 | 24,839 | $734 | $1.70M | 183 | 67 |
| Total: 5 · Average | 3.2 | 3.0 | 2,575.4 | 32,908.2 | $788.6 | $2.04M | 59.8 | |||
| Median | 2,709 | $1.70M | ||||||||
Closed Properties (5)
Closed Comparables
| Address | City | Year | Date | BD | BTH | SqFt | LotSz | LP | SP | SP/SqFt | SP/LP | DIM | Score |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 19818 Valley View Drive | Topanga | 1988 | 08/10/2026 | 4 | 3 | 2,120 | 12,980 | $1.50M | $1.48M | $698 | 0.99 | 142 | 61 |
| 1557 Topanga Skyline Drive | Topanga | 1988 | 06/17/2026 | 4 | 4 | 2,550 | 23,162 | $1.49M | $1.45M | $569 | 0.98 | 69 | 55 |
| 563 Canon View Trail | Topanga | 1949 | 06/15/2026 | 3 | 3 | 2,045 | 32,879 | $1.63M | $1.55M | $758 | 0.95 | 57 | 54 |
| 21165 Entrada Road | Topanga | 1992 | 08/21/2026 | 3 | 3 | 2,680 | 21,126 | $3.00M | $2.60M | $970 | 0.87 | 127 | 52 |
| 20640 Medley Lane | Topanga | 2002 | 07/20/2026 | 3 | 3 | 2,700 | 13,397 | $1.59M | $1.56M | $578 | 0.98 | 50 | 51 |
| Total: 5 · Average | 3.4 | 3.2 | 2,419 | 20,708.8 | $1.73M | $1.73M | $714.6 | — | 89 | ||||
| Median | 2,550 | $1.55M | $1.55M | ||||||||||
Market Analysis
List vs Sale $/SqFt
Sale Price Trend
Days on Market
Sale vs List Price
This analysis was generated automatically from MLS data. For an in-depth, human-reviewed valuation, contact Joseph Sardella at josephsardella@gmail.com.