tomo logo

$1,749,000

Beds
4
Baths
3.5
sq ft
1,378

517 Canon View Trl, Topanga, CA 90290

517 Canon View Trl

Topanga, CA 90290

  • 58 days on market
Welcome to this stunning property nestled in picturesque Topanga Canyon, offering breathtaking canyon views from every room. This woods-surrounded retreat boasts an abundance of outdoor space, allowing you to fully immerse yourself in the natural beauty that surrounds you. The house itself was thoughtfully rebuilt in 2009, offering modern amenities and a seamless blend of indoor and outdoor living. Clad in redwood with seamless wraparound decking throughout, the main house includes three bedrooms and two baths, as well as a separate studio and half bath. With light pouring into every room, the home's warmth exudes throughout. As you enter the home, the dining room and kitchen open into a large deck perfect for entertaining or taking advantage of the serenity. With a cozy family room and separate upstairs den, you'll be able to catch up on all the reading you've put off, a glass of wine in hand and warmed up in a blanket. The separate guesthouse and studio provide additional versatility and space, allowing for an artist's retreat, a home office, or a private sanctuary for guests. Outside, you'll find an array of outdoor spaces that are perfect for relaxation and entertaining. Whether it's a morning cup of coffee on one of the redwood decks, a barbecue with friends on the patio, or a peaceful stroll through the enchanting trees, this property offers endless opportunities to enjoy the serene surroundings. With mature landscaping, terraced gardens, and playful nooks aplenty, this property is indeed your own self-sustaining haven. So much beauty and right in the best area of Topanga Canyon! Walkable to the village and right by hiking trails that lead to Topanga Elementary School. A short drive and you're staring at the Pacific Ocean in the heart of Malibu. This is the escape we've all been searching for.

Details

Property type

Single Family Residence

Est. home value

$1,537,964

Lot size

7,123 sq ft

Price per sq ft

$1,270

Year built

1926

HOA

No

Price History

05/08/2024
CLAW

CLAW #24383047

Listed
$1,749,000
-2.78%
04/23/2024
CLAW

CLAW #23330225

Removed
$1,799,000
03/01/2024
CLAW

CLAW #23330225

Price change
$1,799,000
-5.27%

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

$320,658
Asking price
$1,749,000
Closing costs (~8% of asking)
-$139,920
Est. remaining loan balance
-$1,288,422
Cash to seller
$320,658

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

Seller’s Loan History

Lender

Wells Fargo Bank Na

Loan start date

December 2021

Original loan amount

$1,360,000

Est. remaining balance

$1,288,422

Interest rate

3.09%

Loan type

New Conventional, 30 year

Seller

Michael Parr Merriman and Cherie Monique Trust

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: 07/05/2024 at 10:15 PM

Listing updated: 05/16/2024 at 5:18 AM

Listed by: Sally Forster Jones, Compass Phone #: (310) 230-5478

MLS: CLAW #24383047

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