171 Comanche Topanga, CA 90290
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About this home
Spectacular new value in the serene heights of Topanga! This exquisitely remodeled single-story residence, crafted and curated by a European artisan, offers a rare blend of tranquility, artistry, and modern luxury. Surrounded by lush greenery and breathtaking canyon views, this private retreat has been enhanced with over $200,000 in refined upgrades. The lowest priced home per square foot in this gated community, it is the opportunity you have been looking for! A Japanese-style entry stairway welcomes you into a sun-filled living room where natural light and warmth set the tone. The chef’s kitchen is a true centerpiece, featuring a solid walnut prep island with sink, custom white lacquer cabinetry with pull-out pantry, farmhouse sink, and stainless steel appliances — all illuminated by a Velux vented skylight that flows seamlessly into the adjacent living and dining rooms. The sophisticated 1,736 sq. ft. floor plan includes a stylish dining room, a spacious family room, and new heart-pine floors throughout. Secondary bedrooms are in their own private wing and share a beautifully renovated bath, complete with rainfall shower, Spanish tile, and Calacatta quartz vanity. The primary suite is a serene escape, distinguished by custom mahogany millwork and a spa-like bath with stone shower base, rainfall features, and handcrafted walnut cabinetry. A convenient interior laundry room with abundant storage opens to a sun-drenched patio framed by fruit trees — grapefruit, peach, olive, Japanese magnolia — and vegetable planters with Bluetooth irrigation. Soft evening lighting and tranquil garden spaces create an atmosphere of European charm and Topanga magic. Additional features include recessed lighting, a new metal toolshed, and gated community amenities: panoramic pool, spa, gym, library, playground, hiking trails, and spectacular viewing decks. Ownership is fee simple with a community rider shared among 220 homes: you own the land on which this home is located. Perfectly situated minutes from Calabasas, Malibu, Woodland Hills, and Pepperdine, this unique home offers an ideal balance of peace, artistry, and convenience. Small assumable loan with low interest rate available, please ask us more information and detail. Also for lease at $4,600/mo. — a true must-see. Make your appointment today and be HOME for the Holidays!
Source: CRMLS #SR25218237
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FAQs
Roam is your trusted partner for affordable home ownership. We help manage the assumption process from start to finish, enabling homebuyers to easily purchase their next home with a low-interest rate mortgage attached.
To qualify, you must meet the current FHA, VA, or USDA loan requirements depending on the type of loan you are assuming. This typically means a minimum credit score of 580, although most lenders prefer 620-640. Your debt-to-income ratio should be under the 50% max under FHA guidelines. Additional information such as employment history, explanations of income for each applicant, and asset verification for a down payment may be needed to process the loan.
An assumable mortgage is a type of home loan that allows a homebuyer to take over the existing mortgage terms from the seller, with no cost to the seller. Many government-backed loans, such as FHA and VA loans, are eligible for assumption, and millions of these mortgages are available.
When interest rates on mortgages are high, assuming a mortgage with a rate as low as 2% allows buyers to save up to thousands monthly compared to buying a home with a traditional mortgage at today’s average rates of 7%. A low-rate assumable mortgage could be the key to finding your dream home at an affordable price.
Roam has compiled available listings with low-rate assumable mortgages for you to browse. To get started, enter the city, state, zip code, or school district you’re interested in purchasing in. Utilize the search filters to narrow down your search. Click “Save search” to save your search preferences and activate listing notifications—we’ll email you as soon as new listings match your criteria.
Once you’ve found your dream home and ready to make an offer, schedule a call with a Roam Advisor directly from the listing. Your Roam Advisor will guide you through each step of the process, while also working directly with your agent, the servicer, and the seller to ensure you close on time.
When assuming the existing mortgage as part of a home purchase, the buyer has to cover the seller’s equity in the home. The seller’s equity is the purchase price minus the remaining mortgage balance. This amount must be covered in full through an all-cash down payment or by taking out a second mortgage.
Roam is committed to and abides by the Fair Housing Act and Equal Opportunity Act.