1551 Penny Road
Topanga, CA, 90290
$2,975,000
MLS: 26637253
Beds
3
Baths
3
Sq Ft
3,199
Lot
0.65 ac
Year Built
1934
MLS #
26637253
Days on Market
89
Listed
Jan 14, 2026
Description
Tucked into the hills of Topanga, this rare 1930s retreat blends timeless character with thoughtfully curated modern updates and sweeping canyon and mountain views. Original hardwood floors, vaulted ceilings and exposed wood beams create a warm and authentic atmosphere, while expansive windows frame the surrounding landscape. The main living level features a dramatic living room with soaring ceilings and a wood-burning stove, flowing into the dining area and remodeled chef's kitchen with custom walnut cabinetry, volcanic stone countertops, a Viking range and an adjacent lounge area ideal for entertaining. Two guest bedrooms on this level enjoy peaceful views, along with a full bathroom with backyard access and a convenient half bath with double sinks. The lower level offers a serene primary suite with a spa-like en-suite bath featuring dual sinks, a clawfoot tub and a glass-enclosed shower, plus an oversized flexible room perfect for a screening room, office or creative space. Outdoors, enjoy a private, resort-style setting 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: Kennon Earl · Compass
Payment estimate
$20,966
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $297,500 · Loan: $2,677,500
- Principal & Interest
- $16,451
- Property tax (1.25%)
- $3,099
- Homeowners insurance
- $300
- Mortgage insurance
- $1,116
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 $104,125 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.
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
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