1551 Penny Road
Topanga, CA, 90290
$2,925,000
MLS: 26103858
Beds
3
Baths
3
Sq Ft
3,199
Lot
2.27 ac
Year Built
1934
MLS #
26103858
Days on Market
10
Listed
Oct 23, 2026
Description
Set in the hills of Topanga, this RARE 1930s retreat pairs timeless character with thoughtful modern updates and sweeping canyon and mountain views. Original hardwood floors, vaulted ceilings and exposed wood beams create a warm, authentic feel, while expansive windows frame the landscape beyond. The main level centers on a dramatic living room with soaring ceilings and a wood-burning stove, opening to the dining area and a remodeled chef's kitchen with custom walnut cabinetry, volcanic stone countertops and a Viking range. An adjacent lounge area is ideal for entertaining. Two guest bedrooms enjoy peaceful views, and the level also includes a full bathroom with backyard access and a convenient half bath with double sinks. Downstairs, the serene primary suite features a spa-like en-suite bath with dual sinks, a clawfoot tub and a glass-enclosed shower. An oversized flexible room offers space for a screening room, office or creative studio. Outdoors, a private, resort-style setting awaits, with lush landscaping, a saltwater pool and spa, expansive patios and multiple outdoor living areas. A true Topanga escape, approximately six miles to Woodland Hills and ten miles to the beach.
Location
Topanga, Los Angeles County, CA 90290
Open on Google Maps ↗Listed by: Thomas Davila · Compass
Listing information is provided courtesy of the Greater Antelope Valley Association of Realtors (GAVAR) and California Regional MLS (CRMLS). Information is deemed reliable but not guaranteed accurate by the MLS or by Mike Watson. All data, including square footage, lot size, room count, permits, and school assignment, should be independently verified. Properties shown may be listed by brokerages other than Keller Williams Realty. Listings are subject to prior sale, change, or withdrawal without notice.
Payment estimate
$22,384
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $292,500 · Loan: $2,632,500
Average 30-yr fixed rate 7.24% as of Oct 29, 2026 (Freddie Mac PMMS). Adjust to your quote.
- Principal & Interest
- $17,940
- Property tax (1.25%)
- $3,047
- Homeowners insurance
- $300
- Mortgage insurance
- $1,097
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 Oct 29, 2026
- 30-year fixed
- 7.24%
- 15-year fixed
- 6.60%
Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.
About the area · Mike Watson
About the Antelope Valley
The Antelope Valley spans Lancaster, Palmdale, Quartz Hill, Rosamond, Lake Los Angeles, California City, Edwards AFB, and the Plant 42 aerospace corridor. Mike Watson is a lifelong AV resident and the #1 producing individual Realtor in the region by transaction count. Every active listing on this site is paired with a free market analysis tailored to the specific street, honest financing guidance (FHA, VA, USDA, CalHFA, conventional, and assumable loans where the financing supports it), and side-by-side comparisons against the rest of the active inventory in your target ZIP.
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 $102,375 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.
Similar Homes Nearby
Active and pending listings in ZIP 90290 (Topanga)within ±10% of this home's price and size.
Local Market Stats
See Topanga, CA 90290 market trends →
Median sold price, days on market, active inventory, price brackets, and 12-month trends — pulled live from the MLS.
★#1 Producing Individual Realtor, Antelope Valley
Only large teams outsell Mike Watson · Keller Williams Realty
Free Buyer & Seller Tools
Net Sheet Calculator
Estimate how much you'll walk away with after selling. Covers commissions, closing costs, and loan payoff.
Property Comparison
Compare 2–3 properties side-by-side — equity, monthly payment, cash to close, and DTI — all in one infographic.
Drive Time Calculator
Check commute times from this address to work, school, or anywhere else before you commit.
Buyer Cost Sheet
Estimate your total closing costs as a buyer — lender fees, title, escrow, and prepaids — before you write an offer.