Mike Watson, Realtor

Mike Watson

Call or Text(661) 733-2196
ActiveSingleFamilyResidence

23000 Saddle Peak Road

Topanga, CA, 90290

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$4,590,000

MLS: 25579327

Beds

2

Baths

2

Sq Ft

1,700

Lot

9.30 ac

Year Built

1996

MLS #

25579327

Days on Market

244

Listed

Aug 15, 2025

Description

Exceptional Santa Monica Mountains Opportunity. THIS IS A FIRE REBUILD, INCLUDED IN THIS OFFERING IS A LARGE GUEST HOUSE to live in while you rebuild the fabulous estate on 9.29 acres. A Dual Parcel Estate with panoramic views perched high on coveted E. Saddle Peak, this rare offering presents a truly unique opportunity to own TWO STUNNING PARCELS TOTALING NEARLY 90 ACRES in the heart of the Santa Monica Mountains. With fabulous panoramic views stretching from rolling canyons to the Pacific Ocean, this is a dream setting for building your legacy estate. The primary parcel includes fire rebuild rights and is already improved with a well-appointed guest house of approximately 3,000 sq ft under roof. This includes a spacious, approx. 1,700 sq bottom story room garage with high ceilings ideal for a car collection, expansive workshop or other uses. Live comfortably here while you design and construct your dream home. Infrastructure is already in place for an approx. 7,000 sq ft main residence, including an existing foundation and septic system, plus original plans, helping to streamline your rebuild process. Adding unmatched value, this offering also includes a separate 79.34-acre unimproved parcel featuring its own expansive ocean view from the potential building sites. This second parcel gives you the flexibility to protect your views, create a private retreat or build another large single-family home. A rare chance to control and customize your surroundings in one of Southern California's most desirable locations. Whether you're seeking a peaceful escape, an investment with incredible potential or a canvas for your architectural vision, this dual parcel property offers endless possibilities. With natural beauty, privacy, and pre-existing infrastructure, APN #4438-039-042 at 9.29 acres is at 23000 E Saddle Peak, and APN#4438-033-074 at 79.34 acres is at 23010 E Saddle Peak

Location

Topanga, Los Angeles County, CA 90290

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Listed by: Chris Frost · Sotheby's International Realty

Payment estimate

$32,184

/ month (est.)

Principal, interest, taxes, and insurance + PMI. Down payment: $459,000 · Loan: $4,131,000

%
Principal & Interest
$25,382
Property tax (1.25%)
$4,781
Homeowners insurance
$300
Mortgage insurance
$1,721
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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 $160,650 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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