Mike Watson, Realtor

Mike Watson

Call or Text(661) 733-2196
ActiveSingleFamilyResidence

701 Greenleaf Canyon Road

Topanga, CA, 90290

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$3,195,000

MLS: 25589659

Beds

5

Baths

6

Sq Ft

4,328

Lot

7.38 ac

Year Built

1975

MLS #

25589659

Days on Market

178

Listed

Sep 10, 2025

Description

Rare and breathtaking 7.4-acre compound in one of Topanga's most prized locations, partially built and permitted to continue construction immediately. The main residence (4400 sq ft) features a dramatic breezeway with custom Styline doors, seamless indoor-outdoor flow, mountain views on one side and an expansive pool / spa on the other. A detached guest house (2600 sq ft) offers private one-bedroom and two-bedroom suites, along with a garage and artist's studio, ideal for guests or staff. There are clear (and permissible) permit plans for an additional 1700 sq foot already-designed wellness/gym and double office enclave a 30 second walk from the main house. There are multiple large flat pads for gatherings, creative spaces, and retreat. Trails run throughout the property's gorgeous territory. The house is fully designed by a top architect-designer team with a top notch builder ready to go. This is a truly special property in one of the most desired locations in all of Topanga. For someone looking for a life-long compound, this is the one.

Location

Topanga, Los Angeles County, CA 90290

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Listed by: Mark Kitching · Douglas Elliman

Payment estimate

$22,494

/ month (est.)

Principal, interest, taxes, and insurance + PMI. Down payment: $319,500 · Loan: $2,875,500

%
Principal & Interest
$17,668
Property tax (1.25%)
$3,328
Homeowners insurance
$300
Mortgage insurance
$1,198
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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 $111,825 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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