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$2,596,000

Beds
5
Baths
4.0
sq ft
3,800

20675 Medley Ln, Topanga, CA 90290

20675 Medley Ln

Topanga, CA 90290

  • 66 days on market
    • Price drop $100,000↓
INCREDIBLE PRICE IMPROVEMENT! Rare Topanga Jewel! This extensively remodeled home has Stunning Mountain Views, wood floors, slate tile, new appliances, a sauna, an outdoor gym, and more. The Cross-Canyon Views are some of the best views in the canyon. This home is in the Perfect Climate area of Topanga Canyon, with extensive gardens, including a waterfall, gentle boulders, and ancient oak trees, creating a serene, tranquil atmosphere only 10 minutes from the Pacific Ocean and the border of Malibu and offering 5 bedrooms, 4 baths, 2 kitchens, spacious rooms, 2 family rooms, an art studio, and a library, all with high vaulted ceilings. The floor plan is flexible and can fulfill and accommodate your wants and needs. Split Level home with many separate areas for friends and family visits.Enter through double doors into a beautiful bright living room with vaulted ceilings, a wood/gas-burning fireplace, large windows, and French doors that bring in the spectacular views. A loft above adds extra space for an office or playroom. Huge decks invite you out from both floors to relax and enjoy the vast canyon views that run the length of the home. The lower floor boasts a generously sized room with elevated ceilings perfect for an art studio or movement area. Adjacent to the large room is a library with a fireplace, two bedrooms, and a bathroom. In addition to the main house, there is a charming tiny home on the property, complete with an outdoor bathroom, shower, claw foot tub, and yoga deck. This space offers a private nature retreat perfect for short-term or long-term guests. This rare property is a true oasis, with water features that add to the peaceful ambiance. Imagine relaxing in the on-site sauna or working out in the covered outside gym, all within the comfort of your own home. These amenities provide a spa-like experience right at your doorstep. The home has solar panels, an oversized two-car garage, and ample storage areas. Optimized for a thriving life/work balance, this property is all within minutes of Topanga Village, iconic hiking trails, the beach, Malibu, Santa Monica, and the SFV.

Details

Property type

Single Family Residence

Est. home value

$2,083,697

Property condition

Updated/Remodeled

Lot size

0.3765 acres

Price per sq ft

$684

Year built

1988

HOA

No

Price History

06/15/2024
CLAW

CLAW #24383855

Price change
$2,596,000
-3.71%
04/26/2024
CLAW

CLAW #24383855

Listed
$2,696,000
+0.04%
04/09/2024
CLAW

CLAW #23331273

Removed
$2,695,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Negotiation Insights

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

Seller could get up to

$1,503,465
Asking price
$2,596,000
Closing costs (~8% of asking)
-$207,680
Est. remaining loan balance
-$884,855
Cash to seller
$1,503,465

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Nations Direct Mortgage Llc

Loan start date

March 2022

Original loan amount

$925,300

Est. remaining balance

$884,855

Interest rate

3.56%

Loan type

New Conventional, 30 year

Seller

Warwick Saint and Ariel White

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: 07/01/2024 at 10:45 AM

Listing updated: 06/29/2024 at 2:53 PM

Listed by: Catherine Campbell, Sotheby's International Realty Phone #: (310) 455-3200

MLS: CLAW #24383855

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