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$1,885,000

Beds
3
Baths
2.75
sq ft
1,970

20402 Paradise Ln, Topanga, CA 90290

20402 Paradise Ln

Topanga, CA 90290

  • 56 days on market
Welcome to Paradise and the treehouse of your dreams. Surrounded by protected oaks, and nestled amongst the rolling hills of Sylvia Park, Topanga, this enchanting three bedroom, three bath home is your perfect escape. Completely renovated, down to the studs in 2022, this truly is a rare gem in Topanga: a beautifully remodeled home with high end stainless appliances, luxurious stone and tile craftsmanship, European oak floors and a seamless layout; completely turn key. Sited on a corner lot, with a charming backyard complete with a swim spa and plenty of space to entertain, this home is a true sanctuary. Enter the front gate and pick an apple off the tree as you climb the stairs. Inside the spacious living room notice the vaulted wood beamed ceilings with a seamless natural flow into the dining area and open air kitchen. Stainless luxury appliances with lavish quartz counters and a matching backsplash are illuminated by hand blown glass light fixtures coloring the space. Walk down the hall past the guest bedroom and observe the beauty of the bathroom: chevron European tile, a large tiled bath, elegant fixtures and plenty of space. Next door you will find the primary suite with French doors opening to the backyard for an indoor/outdoor flow. The ensuite bathroom features an opulent grand stone shower, the kind often found in homes twice the price. Jack and Jill high end vanities and fixtures finish the space. Downstairs you will find a separate living suite with a bedroom, 3/4 bathroom, kitchenette and living room with its own private entrance, while also connected via hidden stairs. Great as an in-laws suite or as an airbnb making this a fantastic income property. This home underwent a complete renovation which includes a brand new kitchen, new custom bathrooms, copper plumbing, mini split systems in each bedroom, all new electrical and new cat 5 internet throughout. For those who don't know, Paradise lane is like going back in time when communities were tight knit and neighbors looked out for each other. Down Paradise lane, you will find private hiking trails, meadows, horses, tire swings, fruiting trees and a neighborhood watering hole. The neighborhood is filled with young families and children and the birdsong abundant. Enjoy the Topanga lifestyle at its finest!

Details

Property type

Single Family Residence

Est. home value

$1,342,531

Property condition

Updated/Remodeled

Lot size

3,778 sq ft

Price per sq ft

$957

Year built

1960

HOA

No

Price History

05/08/2024
CLAW

CLAW #24389299

Listed
$1,885,000
+43.89%
02/15/2022
CLAW

CLAW #22123207

Sold
$1,310,000
+49.71%
05/16/2018
CLAW

CLAW #18330322

Sold
$875,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Midfirst Bank

Loan start date

April 2022

Original loan amount

$1,000,000

Est. remaining balance

Not provided

Interest rate

2.98%

Loan type

Future Advance Clause / Open End Mortgage

Seller

Lsb 13 Llc and Paradise Lane Llc

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Active

Tomo last checked: 07/03/2024 at 10:15 AM

Listing updated: 06/12/2024 at 4:43 PM

Listed by: Adam Brawer, Compass Phone #: (310) 437-7500

MLS: CLAW #24389299

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