Active
20720 Medley Ln Topanga, CA 90290
$2,750,000
3 beds
3 baths
1,920 sq ft

Courtesy of Initiate Realty, Inc.

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  • Dana Olmes

    Dana Olmes

    Luxury Consultant

    CA DRE# 00944676

  • Jeffery Biebuyck

    Jeffery Biebuyck

    Luxury Consultant

    CA DRE# 01383921

Property Description

Heres your chance to own a new architectural gem designed by local architect Bruce Bolander, AIA and finished to your specifications. Take advantage of this lower price now. When finished it will list for $3.4M. This mostly completed 3-story hillside home in Topanga Canyon has views north as far as the eye can see. Originally designed to be a 1200 sf one-story 2 bedroom, 2 bath owners unit with a 720 sf 2-story attached 1 bedroom, 1 bath rental unit over a 399 sf 2-car attached garage. But this house could also be configured as a one-story 1,920 sf 3 bedroom, 3 bath home (2bedrooms have en-suite baths) over a 317 sf studio or office attached space with its own entrance over the 2-car garage.Additionally, there is 750 sf of crawl space with 7 high ceilings that can be turned into additional living area as well as 70 sf of storage space attached to the garage. All the foundation, cement site work, septic tank installation and framing will be completed at the time of sale. Many of the exterior and interior walls are exposed concrete block as the design is semi-industrial with an intentional rawness. All the additional construction will be completed by the buyer. All materials, windows, doors, fixtures, appliances, cabinetry, finishes and landscaping will be selected and purchased by the buyer to their tastes using sub-contractors and suppliers of their choosing. This is an all-electric house with solar panels and power wall with a wood-burning fireplace in the living room. Approximately six years have been spent doing all the legwork of the permitting process and construction in progress. It will take approximately six months more to complete given that no lapses in the process occur. Permits include: Coastal Development Permit (CDP), Grading Permit and Building Permit, as well as some minor permits are current and in good standing. The only additional permit needed is a Landscaping Permit. A bit about the CDP: A covenant with Los Angeles County has been signed and runs with the land, meaning that all stipulations in this permit must be followed by all subsequent owners. Square Footage: Permitted sf: 1,920 = 317 sf 1st floor, 1603 sf 2nd floor, 399 sf garage, 866 sf covered deck, 413 sf covered patio.

Property Details & Features

Property Type

  • Single Family Residence

Year Built

  • 2021

Appliances and Equipment

  • Solar Panels
  • Electric Dryer Hookup

Bathrooms

  • 3.00 total bathrooms
  • 3 full bathrooms

Bedrooms

  • 3 total bedrooms

House

  • 1,920 sq ft
  • Built in 2021
  • Levels: Multi/Split
  • Detached/No Common Walls
  • Architectural

Cooling

  • Air Conditioning

Disclosures

  • Building Plans Available
  • Building Permit

Fireplaces

  • Wood Burning

Floors

  • Cement

Garage

  • Garage – 2 Car

Guest House

  • Attached

Guest Accommodations

  • Attached

Heating

  • Central

Home Owner’s Association

  • HOA Present

Laundry

  • Inside

Listing

  • Furnished: Unfurnished
  • LeaseOption: 0
  • ListDate: 2021-05-15
  • PricePerSqFt: $1,432
  • 249 days on market

Location

  • County: Los Angeles
  • ListingArea: Topanga
  • PlannedUrbanDev: 0

Lot

  • LotAcreage: 0.3929
  • LotSizeArea: 17,116

Parking

  • CoveredParking: 2
  • OpenOtherSpacesTotal: 1
  • TotalParking: 2

Pool

  • PoolYN: False
  • None

Property

  • PropertySubType: Single Family Residence
  • ViewDescription: Green Belt,Mountains,Panoramic,Trees/Woods,Tree Top,Canyon
  • ViewYN: 1
  • Zoning: LCR110000*
  • Under Construction

Additional Rooms

  • MaidsRoom: 0

Sewer

  • Septic Tank

Spa

  • Has spa
  • None

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