1000 N Norman Place, Los Angeles, California 90049, Los Angeles, 90049 - 8 bed, 14 bath

1000 N Norman Place, Los Angeles, California 90049 home-pic-0
ACTIVE$24,995,000
1000 N Norman Place, Los Angeles, California 90049
8Beds
14Baths
14,000Sqft
24,411Lot

Price Vs. Estimate

The estimated value ($20,940,337.63) is $4,054,662.37 (16%) lower than the list price ($24,995,000). This property may be overpriced.

Key pros and cons

Top Pros:
Great Schools: Elementary School: Fairburn Avenue Elementary School (9/10).
Top Cons:
Significant Price Discrepancy: The current listing price of $24,995,000 is 16% above the property's estimated value of $20,940,337.63, which may lead to extended market time or require price adjustments to align with market expectations.

Compared to the nearby listings

Price:$25.00M vs avg $3.95M (+$21,045,000)98%
Size:14,000 sqft vs avg 3,353 sqft98%
Price/sqft:$1.8K vs avg $1.3K85%

More Insights

Built in 2019 (6 years old).
Condition: This property, built in 2019, is virtually new and exemplifies luxury. The kitchen boasts double sets of top-tier Viking and Sub-Zero appliances, a distinctive U-shaped island, and modern cabinetry, all in pristine condition. Bathrooms are spa-like, featuring high-end finishes, soaking tubs, large walk-in showers with steam, and contemporary fixtures. Throughout the home, high ceilings, modern light fixtures, and immaculate hardwood flooring contribute to an overall 'excellent' condition, with no signs of deferred maintenance and all components meeting current quality standards.
Year Built
2019
Close
-
List price
$25M
Original List price
$25M
Price/Sqft
$1,785
HOA
-
Days on market
-
Sold On
-
MLS number
25528049
Home ConditionExcellent
Features
Excellent View: Courtyard, Pool
Deck
Pool
Spa
Patio
ViewCourtyard, Pool

About this home

This is an incredible opportunity to own a private and secure Brentwood estate tucked within the prestigious Grove Estates enclave. This expansive 14,000-square-foot residence sits behind gates and offers sweeping canyon vistas and striking views of the Getty Center. A dramatic entrance welcomes you with soaring ceilings, a statement skylight, and a dazzling chandelier centerpiece. The kitchen is a truly exceptional space for hosting and gathering, featuring a distinctive U-shaped island and double sets of top-tier Viking and Sub-Zero appliancesdesigned with the entertainer in mind. Set on a just-over-half-acre lot, the outdoor space is a private retreat complete with resort-style pool and spa, built-in BBQ, open-air kitchen, outdoor media lounge, and a grassy yard framed by majestic mature Oak trees. The main floor includes an elegant formal dining room, a family lounge featuring handmade artful wall coverings by de Gournay, kitchen, and mini-suite guest accommodations all thoughtfully laid out to enhance everyday living and entertaining. The lower level is an entertainer's dream. It currently features a well-sized indoor basketball courtoriginally built as a lap pool and easily converted back at the new owner's discretion. This level also includes a spacious gym, dry sauna, fully equipped bar, 500-bottle wine cellar, private movie theater, putting green for golf enthusiasts, and collector's garage with capacity for 10 vehicles. Upstairs, the primary suite is a luxurious escape featuring a double-sided fireplace, spa-like bath with soaking tub, large dual closets, a large walk-in shower with steam, and a private oversized balcony with backyard views. Four additional generously sized en-suite bedrooms with high ceilings and a versatile playroom or office with a private balcony center around the upper landing. A separate mid-level suite is ideal for staff, guests. Experience the height of refined Los Angeles living in this one-of-a-kind estate.

Nearby schools

5/10
Brentwood Science School
Public,K-52.0mi
5/10
Brockton Avenue Elementary School
Public,K-52.5mi
9/10
Warner Avenue Elementary School
Public,K-52.6mi
9/10
Franklin Elementary School
Public,PK-52.7mi
9/10
Roscomare Road Elementary School
Public,K-52.9mi
7/10
Nora Sterry Elementary School
Public,K-53.0mi
9/10
Fairburn Avenue Elementary School
Public,K-53.0mi
8/10
Lanai Road Elementary School
Public,K-54.9mi
8/10
Lincoln Middle School
Public,6-83.5mi
6/10
Gaspar De Portola Middle School
Public,6-87.1mi
5/10
William Mulholland Middle School
Public,6-87.8mi
6/10
University Senior High School
Public,9-122.5mi
6/10
University Senior High School Charter
Public,9-122.5mi
8/10
Santa Monica High School
Public,9-124.7mi
6/10
Van Nuys Senior High School
Public,9-127.7mi

Price History

Date
Event
Price
11/12/19
Sold
$14,000,000
05/01/15
Sold
$4,075,000
Condition Rating
Excellent

This property, built in 2019, is virtually new and exemplifies luxury. The kitchen boasts double sets of top-tier Viking and Sub-Zero appliances, a distinctive U-shaped island, and modern cabinetry, all in pristine condition. Bathrooms are spa-like, featuring high-end finishes, soaking tubs, large walk-in showers with steam, and contemporary fixtures. Throughout the home, high ceilings, modern light fixtures, and immaculate hardwood flooring contribute to an overall 'excellent' condition, with no signs of deferred maintenance and all components meeting current quality standards.
Pros & Cons

Pros

Great Schools: Elementary School: Fairburn Avenue Elementary School (9/10).
Unparalleled Luxury Amenities: The property offers an extraordinary array of high-end amenities, including an indoor basketball court (convertible to a lap pool), spacious gym, dry sauna, fully equipped bar, 500-bottle wine cellar, private movie theater, putting green, and a 10-vehicle collector's garage, catering to a lavish lifestyle.
Expansive & Sophisticated Living Space: With 14,000 square feet, 8 bedrooms, and 14 bathrooms, including a luxurious primary suite with spa-like features and multiple en-suite accommodations, the residence provides vast and elegantly appointed living areas ideal for grand entertaining and comfortable family living.
Prestigious Location & Scenic Views: Situated within the private and secure Brentwood Grove Estates, the estate benefits from a prime location offering sweeping canyon vistas and striking views of the Getty Center, enhancing its exclusivity and aesthetic appeal.
Exceptional Outdoor Entertainment: The just-over-half-acre lot is a private oasis featuring a resort-style pool and spa, built-in BBQ, open-air kitchen, outdoor media lounge, and a manicured grassy yard framed by majestic mature Oak trees, perfect for outdoor gatherings and relaxation.
High-End Design & Finishes: The residence showcases superior craftsmanship and luxury finishes throughout, including dramatic soaring ceilings, a statement skylight, a dazzling chandelier, a gourmet kitchen with double sets of top-tier Viking and Sub-Zero appliances, and handmade de Gournay wall coverings.

Cons

Significant Price Discrepancy: The current listing price of $24,995,000 is 16% above the property's estimated value of $20,940,337.63, which may lead to extended market time or require price adjustments to align with market expectations.
Highly Specialized Amenities: While luxurious, certain unique features such as the indoor basketball court and a 10-vehicle collector's garage cater to a very specific buyer demographic, potentially limiting the pool of interested purchasers.
High Ongoing Maintenance & Operating Costs: An estate of this size and with such extensive luxury features will inherently incur substantial ongoing expenses, including property taxes, utilities, and maintenance, which could be a significant financial consideration for prospective buyers.

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