11222 Bellagio Road, Los Angeles, California 90049, Los Angeles, 90049 - 3 bed, 4 bath
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Los Angeles, California 90049
This Premier Development Opportunity represents a strategic acquisition with a List Price of $3,690,000—positioned well below the $3,744,988 Fair Market Value by 1%. This valuation provides $54,988 in Instant Equity for an asset in Dated Condition. The value is anchored by a 25,475 sqft flat lot in prime Bel Air, featuring city and ocean views, a private patio, and architectural plans for an 8,594 sqft modern estate. This high-upside project is perfectly suited for Developers or Visionary Owner-Users.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 11222 Bellagio Road Subject | $3,690,000* List Price | 3 | 4 | 2,446 | $1,531 | - |
A 11450 Ayrshire Road Sold | $3,650,000 | 4 | 4 | 2,832 | $1,289 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1951, this property is primarily marketed as a development opportunity or a major remodel project. While the residence is described as functional and capable of providing 'immediate enjoyment,' the interior features, kitchen, and bathrooms are significantly dated and do not align with modern luxury standards. The property shows signs of age consistent with a home that has been maintained but not substantially renovated in several decades, with the primary value residing in the land and the potential for a new 8,594-square-foot estate.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 25475, living area = 2446.
Situated on the prestigious Bellagio Road, this gated property offers exceptional privacy and elite positioning within one of Los Angeles' most coveted residential corridors.
The half-acre parcel is predominantly flat, a highly sought-after and rare feature in Bel Air that provides ideal conditions for seamless development or expansive outdoor amenities.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 2.
The original 1951 residence is modest in size and condition compared to surrounding estates, likely requiring a total remodel or demolition to achieve its highest and best use.
To realize the property's full potential as a premier estate, a buyer must be prepared for significant capital expenditure and the complexities of the Los Angeles permitting and construction process.
On prestigious Bellagio Road in prime Bel Air, this gated and exceptionally private half-acre property spans approximately 25,419 square feet of predominantly flat, sun-filled grounds, surrounded by multimillion-dollar estates and significant new construction. A rare offering and exceptional canvas, this property represents one of the best remodel or development opportunities in one of Bel Air's most coveted corridors. Set behind gates and framed by mature landscaping, the property features a magnificent heritage Sycamore tree anchoring the front approach and a remarkable centuries-old Dragon Tree a rare and irreplaceable natural landmark that gives the estate a distinctive presence and timeless character seldom encountered among Bel Air's finest properties. The grounds offer a serene, high-frequency environment with expansive lawns and exceptional privacy. The existing single-level residence offers 3 bedrooms and 4 bathrooms across approximately 2,446 square feet, comfortably positioned on the lot to allow immediate enjoyment while planning a future vision. Optional architectural plans envision a transformation into an approximately 8,594 square foot two-story premier estate, unifying and expanding the current structure into a substantial modern residence. The predominantly flat parcel a rarity in Bel Air provides ideal development conditions, with surrounding trophy properties reinforcing strong long-term value and architectural significance. Whether remodeled into a refined private retreat or developed into a newly constructed estate, this property offers scale, privacy, and premier positioning just moments from Hotel Bel-Air, Beverly Hills, and the finest Westside destinations. Gated. Private. Premier. A rare Bel Air offering surrounded by distinguished estates ideal for visionaries seeking to create something exceptional.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 4.0 | 34% |
| Baths | 4.0 | 4.0 | 50% |
| Square foot | 2,446 | 3,063.5 | 30% |
| Lot Size | 25,475 | 11,235.5 | 81% |
| Price | $3.69M | $3.84M | 47% |
| Price per sq ft | $1.5K | $1.4K | 65% |
| Built year | 1951 | 1955 | 43% |
| HOA | $0 | $0 | 50% |
| Days on market | 45 | 197 | 3% |
Mar 9, 2026
$3,690,000
Initial Listing
Nov 6, 2020
$3,227,000
Public Record