3121 Old Topanga Canyon
Calabasas, CA, 90290
$12,975,000
MLS: GD26025272
Beds
5
Baths
8
Sq Ft
8,953
Lot
4.61 ac
Year Built
2025
MLS #
GD26025272
Days on Market
52
Listed
Feb 3, 2026
Description
Introducing Skycrest — a newly constructed ~9,000 SF ridge estate on ~5 acres with unobstructed 360° city and canyon views. Privately positioned above the surrounding landscape, this offering delivers a rare combination of scale, privacy, and proximity just minutes from Calabasas and the 101. Designed by Robbin Hayne, the home features an X-shaped layout maximizing views and separation, with retractable walls of glass creating seamless indoor-outdoor living. Resort-style grounds include a pool, spa, fire features, and multiple entertaining areas. All bedrooms are en-suite with private outdoor spaces. The primary suite offers a dedicated spa terrace and lounge. Interior highlights include 24-foot ceilings, reclaimed wood accents, theater, wine cellar, butler’s kitchen with private access, and smart home integration. Gated access ensures privacy. Winery-ready grounds and additional expansion potential with two adjacent parcels available separately (total ~15 acres). A rare opportunity to own a newly built ridge estate with topography and views that are increasingly difficult to replicate in Los Angeles.
Location
Calabasas, Los Angeles County, CA 90290
Open on Google Maps ↗Listed by: Arthur Ambarchyan · Keller Williams R. E. Services
Payment estimate
$90,430
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $1,297,500 · Loan: $11,677,500
- Principal & Interest
- $71,749
- Property tax (1.25%)
- $13,516
- Homeowners insurance
- $300
- Mortgage insurance
- $4,866
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 Calabasas home with as little as 3.5% down using an FHA loan — roughly $454,125 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
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.