ActiveResidential · sale

1520 Bonnell Drive

Topanga, CA 90290

$2,399,000

  • 3 beds
  • 4 baths
  • 2,760 sq ft
  • 1.3 acres
  • Built 1956

Listed by Compass · MLS #26855521

A FEW THINGS TO NOTICE

What stands out.

Living spaces

The front foyer opens to a gracious, soaring, two story living room, with a classic fireplace.

Details worth a look

Doors flung open to the huge patio, pool and spa, allow for that quintessential California indoor-outdoor life!

Year built

Built in 1956.

Highlights from the listing description and property details. Confirm features with the listing agent.

THE PROPERTY

Get to know the property.

Own a Topanga Landmark. At the far end of the Historic Bonnell Park, a storied Cape Cod home is set in lush, verdant, meadows, framed by towering oaks, cottonwood, maple, and ash trees. With the park serving as a de facto front yard, the white house with inky black shutters sits on a vast flower-framed lawn, beckoning as if from a dream. Set at the end of the Bonnell Cul de sac, this cherished home harkens to farm country, sitting on over 1 1/3 acre of flat lawns, orchards, and gardens. Strawberry peak and Little Rock, two local icons, serve as a backdrop to this home. The history of Topanga is told here. The home was once part of the original John Bonnell estate which includes "The Old Stone House," considered the oldest house in Topanga, built by Jack Wood, a pioneer stage and Post Office mail driver. It has been owned by just 2 families over the past 70 years, and was reimagined by Topanga's renowned architect, Cary Gepner, into the graceful sanctuary it is today. The brief was to seamlessly meld the indoors and out, so every room took in the beauty of the incredible grounds. He delivered. Rooms flooded with abundant natural light, through 5 sets of French doors, encompass the perfect flow for celebrations, or quiet enjoyment. Visitors to the park often exclaim it is the "Most beautiful home in Topanga!" Now is your chance to own this lyrical property, with its oversized pool and spa, fruit trees, and gardens, all set along the banks of Old Topanga Creek. Over the years, this home has been cast as an East Coast home in movies and tv shows, because it calls nostalgically to us of simpler times. But the interiors are updated with serenely minimal rooms perfect for modern country living. Bare feet pad across polished old oak floors. The front foyer opens to a gracious, soaring, two story living room, with a classic fireplace. A wall of French doors looks out from the living room and spacious dining room to where deer meander, and hawks float on updrafts. The inviting open kitchen, with its vast island, hosts a crowd. Doors flung open to the huge patio, pool and spa, allow for that quintessential California indoor-outdoor life! The spacious primary suite opens to the pool through French doors. Its bright bath, with a steam shower, vintage fixtures, and a clawfoot tub opens to a poolside shower. Two other bedrooms with sun-splashed windows sit on the main level. A captivating suite of rooms under the eaves include an antechamber under automatic, venting skylights, that is perfect for reading or drawing. A small nook nearby entices as a hideaway play room. The bedroom up here is a fantasy space ripped from a classic tale, with windows overlooking the estate. Classical landscaping, with abundant flowers, bowers of roses, and trees laden with fruit surround the home. Birdsong brightens your mornings, and frogs, crickets, and the soft hoot of owls serenade you at night. Protected Bonnell Park, Topanga's Halloween destination, is owned by a neighborhood association, and development of the park is forbidden. Red Rock Park, Summit to Summit, and Backbone hiking trails are nearby. Topanga's cafes, shops, and cultural landmarks are close by. Malibu's fabled beaches are near enough to feel the coastal breezes. Easily get to the 101 or the westside. You can have your rural dreams, and your big city life, too. The magic of this home abides, with shooting stars, darting bats, and the burble of the creek. And now you can weave your life into the sweet tale of this storybook home.

THE NEIGHBORHOOD

Explore the location.

1520 Bonnell Drive, Topanga, CA 90290

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THE DETAILS

The details, all in one place.

Property type
Residential
Category
Residential
Year built
1956
Full baths
2
Half baths
1
Cooling
None
Heating
Central
Appliances
DoubleOven,Dishwasher,GasCooktop,Refrigerator,Dryer,Washer
Flooring
Tile,Wood
Fencing
ChainLink,Wood
Pool features
DivingBoard,Fenced,Filtered,Heated,InGround,PropaneHeat,SaltWater,Tile
Spa
Yes
Zoning
LCR1VV
Parcel
4438008032

Features and school information are supplied by the listing source. Confirm measurements, school assignments, HOA terms and rental restrictions before making a decision.

OWNERSHIP, WITH A PLAN

Investor outlook.

Explore this property’s rental potential with an all-cash purchase. Monthly rent starts at 5% of the purchase price per year, divided by 12. Adjust it and the other assumptions to explore your scenario.

These are planning assumptions, not a rental appraisal or a loan quote. The starting rent is a price-based estimate; a local leasing professional can help confirm market rent.

Investor outlook assumes an all-cash purchase. No mortgage payment is deducted.

Estimated monthly cash flow · cash purchase
Estimated monthly rent$9,995.83
Cap rate

Annual operating income:

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Purchase price
Rental income & operating costs

Purchase price × 5% ÷ 12. Updates with purchase price until you enter a custom rent.

Annual insurance starts at purchase price × 0.25%, rounded to the nearest available amount. Updates with purchase price until you choose another amount.A planning estimate, not an insurance quote. Adjust it for your property and coverage.

Percentages are editable examples, not ERA fee quotes. Management is applied to rent after vacancy; maintenance and capital reserves use scheduled rent. Add owner-paid utilities, mortgage insurance and other recurring expenses under other costs.

How this scenario is calculated

Annual operating income is rent after vacancy, management, maintenance, taxes, insurance, HOA and other operating costs, before financing and capital reserves. Cap rate divides annual operating income by purchase price. Estimated monthly cash flow assumes an all-cash purchase: rent after vacancy, management, maintenance, taxes, insurance, HOA, other operating costs and capital reserves. No mortgage payment is deducted. The mortgage calculator is separate; loan payments would reduce cash flow for a financed purchase. One-time acquisition costs, renovations, income taxes, depreciation and appreciation are excluded.

Mortgage payment calculator

Explore financing separately. These loan settings do not change the all-cash investor outlook.

Mortgage assumptions

20% down and 7% interest are illustrative starting values.

Estimated monthly principal & interestLoan payment only. Excludes property taxes, homeowners/flood insurance, mortgage insurance and HOA dues.

About this payment estimate

Based on a fixed-rate, fully amortizing loan with monthly payments and the price, down payment, interest rate and term you select. The interest rate is an example, not a current rate offer or APR; APR includes certain loan costs. This is an illustration, not a Loan Estimate, approval, offer of credit or commitment to lend.

Your actual payment, rate and eligibility depend on your lender, credit, loan program and property. Closing costs, points, prepaid expenses and lender fees are not included. Taxes and insurance may change, and mortgage insurance may be required, particularly with a down payment below 20%. Ask your lender for a Loan Estimate and a complete monthly payment including applicable taxes, insurance and fees.

Dollar results are rounded to the nearest cent; calculations retain precision until display. A cash purchase has no loan payment but still has ownership costs. Understand your total home payment (CFPB).

ERA PROPERTY MANAGEMENT

See its potential.
Have a plan for what follows.

Considering this property as a rental? Start with the numbers, then talk through the day-to-day with a local management team.

  1. Understand the opportunity.

    Review rental pricing, property condition and your ownership goals with a local professional.

  2. Make a strong first impression.

    Bring together property preparation, professional marketing and applicant screening.

  3. Stay connected to your investment.

    Get support with rent collection, resident communication, maintenance coordination and owner reporting.

Get a local rental estimateTalk through your management needs
Stone-front home with a landscaped lawn and central entry
A more complete plan for your property

LOCAL PEOPLE. SHARED COMMITMENT.

A team behind your next step.

From your first question to the everyday work of ownership, a conversation with the right person makes a difference.

Meet ERA Property Management

Residential management in Utah, Nevada and Texas. Service availability and rental eligibility must be confirmed for each property. Commercial and association services are available through our management services page.

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1520 Bonnell Drive, Topanga, CA 90290 · MLS #26855521

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Listing information

MLS #26855521 · California Regional MLS

Listing brokerage: Compass
Listing agent: Adrian Wright

Listing status: Active. Record updated . Confirm current availability and price with the listing agent.

The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. "CRMLS" and is protected by all applicable Copyright © 2023 laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional. Information deemed reliable but not guaranteed. Copyright © 2023 California Regional Multiple Listing Service, Inc. All rights reserved.