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20711 Hillside Dr
Topanga, CA 90290
$4,675,000
Conventional
Property
Bedroom
4
Bathroom
4
Property Type
Conventional
Square ft
3373
Property Description
Presenting 'Hillside Retreat' a Mid Century Modern Architectural Compound perched above the clouds adjacent to Topanga State Park. Your gated 1 1/2 acres comes fully remodeled with exquisite soulful finishes and every amenity needed for a luxurious sanctuary. Reminiscent of the visionary architects Barragan and Legorreta, the home shows a bold new face to the world, and million dollar, southern facing views. A new ADU perches even higher above the clouds, with a sensuous full bath outfitted in brass fixtures, Roman Clay walls, all wrapped in a commanding deck overlooking the world below. The new pool and spa include a built-in bbq, dining deck, fire pit and a perched pergola so the summer days are as long as the views are vast. Slate floors lead to loft-like interiors with soaring 24' ceilings, expansive views from every room, bathed in sunlight; capped with clear cedar ceilings. Designer lighting elevates the home. Every way you turn, the wilderness beckons. Step down into a huge sunken living room, with a warming fireplace, and walls of glass, with doors leading out to peaceful gardens. Mountain views, like massive art installations, distract you from your day-to-day life. This is a house made for art, with bold spaces, dreamy lighting, and wide walls to fill. Curved patios and decks create a sense of harmony and welcome. Custom white oak millwork fills the wide kitchen. A honed granite island, Viking appliances, a custom burnished brass range hood, and Waterworks fixtures all open to an adjoining second living space that's perfect for smaller gatherings. Step out to a curved balcony, which overlooks the entire canyon, perfect for alfresco dining. Upstairs, two spacious bedrooms with wide Oak floors lead to a shared deck centered on the views. A bright new bath with double sinks, Navona Creme Travertine Counters, and handmade clay tiles, sits nearby. Roman Clay wall finishes grace all the baths. At the top of the house on its own, private level, the huge primary suite's wide wall of glass opens to it's own secluded deck. Floor to ceiling custom Travertine slabs envelop you, as you sink into the soaking tub, or step into the double shower and heady views soothe your body and spirit. A double-height garage elegantly remodeled with a wall of cabinetry, glistening epoxy floors, and sleek lighting could easily double as a studio, party room, or gym. An automatic Generac back up generator, fire hydrants, interior and roof sprinklers, and a 9000 gallon reserve water tank, bring peace of mind. Meditative garden paths, dotted with olive trees lead out the back gate, into the park, and directly onto the trails to Eagle Rock, Trippet Ranch, and the Backbone Trail. A gated play yard with turf welcomes games or pups. Ample outdoor private parking that can accommodate up to 12 cars means you can welcome a crowd. The monumental presence of this house is inspiring. But it's the tucked away canyon setting that truly sets this home apart. The sunsets are transcendent. The silence is a living, breathing presence. The mid-canyon location lets you slip to the beach, the Topanga Village, or the Calabasas Farmers' Market in minutes. Create an artful life here, under the sheltering sky.
Property Information
Lot Size
1 acre(s) square ft
Property Type
Residential
Year Built
1986
MLS Number
24-380799
Location
Address
20711 Hillside Dr
City
Topanga
State
CA
Zip Code
90290
County
LOS ANGELES (SANTA CLARITA)
Listing
Provider
Name
Compass
Phone
Office Name
Compass
Office Phone
(310) 230-5744
Agent Name
Adrian Wright

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HUD Foreclosures

HUD foreclosures and VA Foreclosures are some of the best homes to buy when price is part of the equation. As with most Americans, price is always a concern. If not buying the same house for less, why not buy more house for the same dollar invested? When looking for a good deal it is hard to do better than the VA or HUD foreclosures market. The simple truth is that there are just more VA and HUD homes on the market, as they represent such a large number of mortgages that are generated each year. This translates into more foreclosures just by the magnitude of difference between all others comparing to the two largest. The two largest also being government owned and operated means that they have less time to wait to make money back on the home. The FHA is especially known for selling HUD homes for less than the average sales price in a given area. FHA foreclosures represent a fraction of HUD but they are still a significant number of homes and both should be considered. VA (Veterans Administration) and HUD (Housing and Urban Development) have different and unique opportunities for the buyer. Both are often forgiven for the local taxes normally associated with the purchase of a home (this is on a county by county basis). Be sure to ask the local title company or escrow company to look into it for you before closing as this is often missed due to their are not used to dealing with the 2 to 3 percent of the market that VA and HUD foreclosures represent.

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Foreclosure Listings Increasing

As the market settled after the mortgage meltdown foreclosure listings also settled and fewer homes were on the market with a placard reading “Bank Foreclosure” in big red lettering. This was a good thing for the entire real estate market. Having an abundance of foreclosures brings the entire market down and it makes it harder for home owners, who would like to move, to get the appropriate price for their home as a similar home down the same street was sold for substantially less and the appraiser is using the foreclosure as a comparable sale. This is just one of the problems when there are too many foreclosure listings in any area. Another issue is the television set that sits in everyone’s living room harping about the price of homes based on the number of foreclosures and this constant barrage of negative information makes most people sit on the sidelines waiting for the market to either implode completely or to correct itself. Meanwhile while they wait, others are buying foreclosure listings and making great investments. Whatever the reason, a market can only handle so many foreclosure listings at any given time. The more foreclosures, the lower the market gets and this is a lesson the banks that were foreclosing and selling off realized too late. The market and their investments would have been better off if there had not been a rush to divest themselves of the toxic assets made more toxic by their own actions.