1238 Fernwood Pacific Drive
Topanga, CA, 90290
$2,195,000
MLS: 26660327
Beds
4
Baths
4
Sq Ft
2,200
Lot
0.65 ac
Year Built
1956
MLS #
26660327
Days on Market
41
Listed
Mar 4, 2026
Description
This majestic compound is a truly unique property composed of one 3 bedroom/2.5 bath home and a separate 1 bed/1 bath guest cottage. Upon arriving at the property, you'll find the cottage below and the main house at the top of the hill. Both properties can be used separately or easily combined by unlocking and opening gates around the property. As you enter through the front gate from the private parking area, you'll be greeted by a charming deck with an outdoor dining area, perfect for enjoying meals al fresco. The interior of the house is clean, airy, and spacious, with a designer kitchen for your culinary adventures. The living areas are thoughtfully designed, providing a comfortable and inviting atmosphere for relaxing and unwinding. Head upstairs to the primary and secondary bedrooms. These bedrooms share a full bath with steam shower. Surrounded by nature & boasting stunning views of the canyon, this sprawling property is the epitome of the Topanga experience. The separate guest suite in the converted garage boasts its own full bath with shower, kitchenette work station, and queen bed. This bedroom has an outdoor entrance, with french doors overlooking a lower patio, making it ideal for guests seeking privacy and tranquility. Step outside and immerse yourself in the beauty of the outdoors. Live Oaks, Eucalyptus, Kumquat, Lime, Bay, Rosemary, Jasmine... these are just some of the plants situated within the garden. A separate yoga studio situated in the upper garden (with the best view on the property!) offers a serene place to move and recharge. The lower garden features an electric barrel sauna, cold shower & unheated plunge pool... perfect for unwinding and rejuvenating. Enjoy a game of bocce on the lower terrace or bounce around on the trampoline, providing fun for all ages. On the same property but separated by hedges and a fence you will find a little cottage. You are welcomed into a bright, high-ceiling living space with thoughtful decor and French doors looking out onto the charming, private, quiet outdoor space. There is a newly remodeled full bathroom with shower and a kitchenette equipped for full meals and a lofted bedroom. Relax in the backyard clawfoot tub (with both hot and cold water) with brass shower fittings.
Location
Topanga, Los Angeles County, CA 90290
Open on Google Maps ↗Listed by: Stefanie Becker · Innovate Realty, Inc.
Payment estimate
$15,547
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $219,500 · Loan: $1,975,500
- Principal & Interest
- $12,138
- Property tax (1.25%)
- $2,286
- Homeowners insurance
- $300
- Mortgage insurance
- $823
Login required. The full tool supports FHA / VA / USDA, PMI by credit tier, lender fees, and total cash to close — with your inputs here carried over.
Today's Rates
As of Apr 23, 2026
- 30-year fixed
- 6.23%
- 15-year fixed
- 5.58%
Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.
Financing Options
FHA Financing — 3.5% Down＋
First-time and repeat buyers can purchase this Topanga home with as little as 3.5% down using an FHA loan — roughly $76,825 down. FHA loans feature flexible credit guidelines and government-backed rates, making homeownership accessible for buyers who haven't saved a large down payment. Seller concessions up to 6% of the purchase price are also allowed.
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Local Market Stats
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Median sold price, days on market, active inventory, price brackets, and 12-month trends — pulled live from the MLS.
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