11222 Bellagio Road, Los Angeles, California 90049, Los Angeles, 90049 - 3 bed, 4 bath
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Los Angeles, California 90049
This property presents a High-Potential Investment Opportunity with a List Price of $3,690,000—positioned well above the $3,443,722 Fair Market Value by 7%. While the current Condition Rating of 6 reflects a dated 1951 structure, the 25,475 sq ft flat lot offers exceptional development potential. With architectural plans for an 8,594 sq ft estate, this asset is a prime candidate for Luxury Developers or High-Net-Worth Investors seeking to create a legacy trophy property in the prestigious Bel Air enclave.
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 | $1,408 | - |
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 land value only, full reconstruction required.
The property was built in 1951 (75 years old) and shows no evidence of significant renovations. Interior images reveal original, highly outdated bathrooms with vintage tile and wall heaters. The listing is explicitly marketed as a development opportunity to 'reimagine, remodel, or develop' a new 8,500+ sq ft estate, indicating the value is primarily in the land.
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 estate offers unparalleled privacy and proximity to the Hotel Bel-Air, surrounded by some of the world's most significant trophy properties.
The predominantly flat half-acre lot is a rare find in Bel Air topography, providing a versatile canvas for a major remodel or the construction of a pre-envisioned 8,594-square-foot contemporary masterpiece.
Built in 1951, the current 2,446-square-foot residence is modest for the enclave and likely requires a complete overhaul or demolition to align with the neighborhood's luxury standards.
To maximize the property's value and realize the envisioned 8,500+ square-foot estate, a buyer must commit substantial additional investment beyond the initial purchase price for development and construction.
Positioned on prestigious Bellagio Road in prime Bel Air, this gated and exceptionally private estate spans approximately one-half acre of predominantly flat, sun-drenched grounds totaling approximately 25,419 square feet. Surrounded by multimillion-dollar estates and significant new construction, the property presents an extraordinary opportunity to reimagine, remodel, or develop a world-class residence in one of Bel Air's most coveted enclaves. Set behind gates and enveloped by mature landscaping, the property is distinguished by two remarkable natural landmarks: a magnificent heritage Sycamore tree anchoring the front approach and an extraordinary centuries-old Dragon Treean exceptionally rare and irreplaceable specimen that lends the estate a sense of history, character, and timeless beauty seldom found among Bel Air's finest properties. Expansive lawns, abundant sunlight, and exceptional privacy create a serene setting with an unmistakable sense of tranquility. The existing single-level residence offers approximately 2,446 square feet with three bedrooms and four bathrooms, allowing for immediate enjoyment while plans for its next chapter take shape. Optional architectural plans envision a striking transformation into an approximately 8,594-square-foot contemporary estate, thoughtfully expanding and integrating the existing structure into a sophisticated two-story residence. The property's predominantly flat topography a true rarity in Bel Air provides exceptional development potential, while the surrounding collection of landmark estates reinforces its enduring value and architectural significance. Whether restored into an elegant private retreat or developed into a newly constructed trophy estate, this exceptional offering combines scale, privacy, and an unrivaled location just moments from Hotel Bel-Air, Beverly Hills, and the Westside's premier dining, shopping, and cultural destinations. Gated. Private. Iconic. A rare opportunity to create a legacy estate in one of Bel Air's most prestigious and sought-after settings.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 4.0 | 2.0 |
| Square foot | 2,446 | 1,672 |
| Lot Size | 25,475 | 6,067 |
| Price | $3.69M | $1.37M |
| Price per sq ft | $1.5K | $801 |
| Built year | 1951 | 1939 |
| HOA | $0 | $348 |
| Days on market | 23 | 56 |
Jun 29, 2026
$3,690,000
Initial Listing
Nov 6, 2020
$3,227,000
Public Record