This million equestrian estate was built for a princess
This million equestrian estate in Topanga Canyon was custom built for Princess Elizabeth of Yugoslavia and is now listed for $7.45 million. The nearly 14-acre Sky Ridge ranch later housed Grammy-nominated artist Mike Posner, who leased the secluded compound from January 2024 through March 2025.
The secluded Los Angeles retreat was designed around privacy and horses, according to the listing covered by Robb Report. Known as Sky Ridge, it sits atop its own ridge with views across the Santa Monica Mountains—one of the standout listings in luxury real estate and dream homes.
Key Takeaways
- Sky Ridge spans nearly 14 acres in Topanga Canyon and asks $7.45 million via Sotheby's International Realty.
- The estate was custom built for Princess Elizabeth of Yugoslavia, also known as Jelisaveta Karađorđević.
- The five-bedroom Spanish Colonial Revival main house was completed in 1993 by local builder Maurice Bourget.
- Mike Posner leased the property from January 2024 through March 2025.
- Horse corrals remain, plus a newer two-bedroom guesthouse and five parcels with room to expand.
Who was this million equestrian estate built for?
Princess Elizabeth of Yugoslavia spent much of her life abroad after her family was forced into exile following World War II. During the 1990s and into the early 2000s, she made this Topanga Canyon ranch one of her homes.
Also known as Jelisaveta Karađorđević, she is the daughter of Prince Paul of Yugoslavia and the mother of actress Catherine Oxenberg, who starred on Dynasty. After living in cities including London, Paris, Nairobi, and New York, she returned to Serbia in 2001 after her family's citizenship was restored and later launched an unsuccessful campaign for the country's presidency.
What does the Topanga Canyon compound include?
At the center of the estate is a single-level Spanish Colonial Revival residence of just over 3,700 square feet, with five bedrooms and four bathrooms. Wood-beam ceilings, terracotta floors, handcrafted tile, and skylights give the home a warm, rustic feel, while large windows frame mountain views throughout.
The primary suite includes a fireplace, an oversized soaking tub, and a claw-foot tub outside for bathing under the stars. A Spanish-tiled patio with a built-in pizza oven opens onto mature olive groves and fruit trees, while walking paths wind through the grounds to a meadow overlooking the canyon.
Equestrian facilities remain from the princess's time there, including horse corrals. An infinity-view deck takes in sunsets over the surrounding mountains. A newer two-bedroom guesthouse was built with reclaimed wood and exposed beams. The property's five parcels also leave room for future homes, wellness spaces, or other recreational uses.
Who lived at Sky Ridge after the princess?
More recently, the canyon retreat welcomed a different kind of high-profile resident seeking solitude. Grammy-nominated singer, songwriter, and producer Mike Posner—best known for the hit songs "Cooler Than Me" and "I Took a Pill in Ibiza"—called the property home from January 2024 through March 2025, according to the listing.
The compound is on the market with Kendal White of Sotheby's International Realty's Brentwood brokerage for $7.45 million.