1118 Calle Vista Drive, Beverly Hills, California 90210, Beverly Hills, 90210 - 4 bed, 8 bath
1118 Calle Vista Drive
Beverly Hills, California 90210
Property Price
SUMMARY
Analysis of 1118 Calle Vista Drive, Beverly Hills, California 90210 reveals a Fairly Priced Property with a current list price of $29,995,000 aligned with the estimated $29,995,000 Fair Market Value. This represents a stable investment opportunity at market rate. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. Located in a high-demand neighborhood within the Beverly Hills Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1118 Calle Vista Drive Subject | $29,995,000* List Price | 4 | 8 | 7,500 | $3,999 | - |
A 1016 N Hillcrest Road Active | $35,000,000 List Price | 4 | 6 | 7,016 | $4,989 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is new construction or fully renovated.
Although originally built in 1999, this 'Museum Modern' estate presents in excellent condition, likely benefiting from significant recent updates to maintain its $30M market position. The property features high-end architectural elements including soaring ceilings, massive walls of glass, and a world-class primary suite with dual baths and expansive closets. The infinity-edge pool and seamless indoor-outdoor flow meet the highest current luxury standards, showing no signs of deferred maintenance or outdated styling.
PROSSTRENGTHS & OPPORTUNITIES
- High Available Lot Utilization
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 42859, living area = 7500.
- Great Schools
Elementary School: Fairburn Avenue Elementary School (9/10). High School: Beverly Hills High School (9/10).
- Unrivaled Promontory Views
Situated on an exceptional Beverly Hills promontory, the property offers unobstructed, jetliner views spanning from Downtown Los Angeles to the Pacific Ocean without any rooftop interference.
CONSRISKS & DEFICIENCIES
- Limited Bedroom Count
For a luxury estate of over 7,500 square feet, the four-bedroom configuration may be considered restrictive for large families or buyers requiring extensive guest and staff quarters.
- Aggressive Price Appreciation
The current list price represents a significant $7.5 million increase over its 2022 sale price of $22.5 million, which may require substantial market justification to high-end investors.
About 1118 Calle Vista Drive
Museum Modern on an exceptional Beverly Hills Promontory. Panoramic views from Ocean to Downtown. No roof tops or obstructions. Exceptional scale with soaring ceilings. Walls of glass frame the jetliner views. Over 7,500sqft. Primary suite is on par with world-class hotel with double baths and vast closets. 3 additional bedrooms. Major infinity edge pool wraps a vast terrace for entertaining. One of a kind, in a most prime location. Shown to prequalified buyers.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1999
- Lot Size
- 42,859 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 8 (8 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Beverly Hills Unified Schools
West Hollywood Elementary School
Grades K-5 • 1.1 mi
Rosewood Avenue Elementary School, School for Advanced Studies
Grades K-6 • 1.9 mi
Warner Avenue Elementary School
Grades K-5 • 2.1 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 5.0 | 49% |
| Baths | 8.0 | 5.0 | 80% |
| Square foot | 7,500 | 3,730 | 84% |
| Lot Size | 42,859 | 17,854 | 91% |
| Price | $30.00M | $5.21M | 97% |
| Price per sq ft | $4.0K | $1.2K | 99% |
| Built year | 1999 | 1960 | 85% |
| HOA | $0 | $0 | 50% |
| Days on market | 658 | 210 | 99% |
Pricing History
Listed for Sale
May 17, 2024
$29,995,000
Initial Listing
Sold
Mar 17, 2022
$22,500,000
Public Record
Sold
Sep 26, 1997
$1,450,000
Public Record
Sold
Sep 2, 1994
$1,575,000
Public Record
Sold
Sep 3, 1993
$2,500,000
Public Record