
Beverly Hills, California 90210
This Premier Development Asset is listed at $24,900,000, matching its $24,900,000 Fair Market Value. Currently in Unfinished Construction Condition, the property offers immense value through two years of completed site preparation, including a stabilized hillside and foundation. Boasting Panoramic Ocean and City Views and proximity to Top-Rated Schools like Beverly Hills High, the 1.1-acre lot comes with 3-Phase Power and approved plans for a 13,600 sq. ft. architectural masterpiece. This is a rare, shovel-ready acquisition for Luxury Developers or Visionary Owner-Users.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1140 Calle Vista Drive Subject | $24,900,000* List Price | 5 | 8 | 13,600 | $1,831 | - |
A 409 Drury Lane Active | $18,500,000 List Price | 7 | 7 | 8,461 | $2,187 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is land value only, full reconstruction required.
The property is currently an active construction site with only the foundation, basement walls, and hillside stabilization completed. Because there is no finished structure, kitchen, or bathrooms, the property is unlivable in its current state. The value of the listing is based entirely on the 1.1-acre land, the extensive site preparation already performed, and the approved architectural plans for a future estate.
Elementary School: Fairburn Avenue Elementary School (9/10). High School: Beverly Hills High School (9/10).
A RARE OPPORTUNITY TO COMPLETE AN ICONIC ESTATE: Nestled in one of the most exclusive enclaves in the world, 1140 Calle Vista Drive presents a once-in-a-lifetime opportunity to create a grand estate in the heart of Beverly Hills. Positioned on a 1.1 ACRE elevated lot, this exceptional property boasts PANORAMIC VIEWS stretching across the Beverly Hills skyline, Downtown Los Angeles, and the Pacific Ocean. READY-TO-BUILD ESTATE WITH APPROVED PLANS: The property is FULLY PREPPED FOR CONSTRUCTION, with EXTENSIVE SITE WORK ALREADY COMPLETED including OVER TWO YEARS OF GRADING, COMPACTING, AND FOUNDATIONAL ENHANCEMENTS. The HILLSIDE HAS BEEN STABILIZED WITH RETAINING WALLS, and landscape planting and irrigation are in place. The BASEMENT FOUNDATION AND PERIMETER WALLS HAVE BEEN COMPLETED, offering a seamless transition for the next owner to build immediately. A MAJOR ADVANTAGE of this site is the AVAILABILITY OF 3-PHASE POWER, a significant benefit that ensures superior electrical capacity, efficiency, and reliability ideal for powering a modern luxury estate with high-end appliances, advanced home automation, and extensive entertainment features. With APPROVED PERMITS in hand for a BREATHTAKING 13,600 sq. ft. ESTATE, construction can begin immediately. Additional design enhancements are currently under permit revision review, but building can proceed under the ALREADY APPROVED PLANS. A VISION OF MODERN LUXURY: This ARCHITECTURAL MASTERPIECE is designed for those who seek the pinnacle of luxury. The proposed estate features: 5 spacious bedrooms; A world-class wellness center with a spa, steam room, sauna, and an indoor pool; An entertainer's dream basement featuring a home theater, gym, and private lounges; An open-concept main level with seamless indoor-outdoor living, dining, and family areas; A grand second-floor primary suite spanning 1,700 sq. ft., offering unparalleled privacy and spectacular views. AN EXCLUSIVE AND EVOLVING NEIGHBORHOOD: Calle Vista Drive is renowned for its privacy, exclusivity, and tranquility. Many neighboring estates are undergoing magnificent transformations, further elevating the desirability of this prestigious address. Once complete, this estate will be part of a newly refined neighborhood of architectural masterpieces. A RARE AND VALUABLE OFFERING: Opportunities to build on a lot of this magnitude in Beverly Hills are exceedingly rare. With SITE PREPARATION COMPLETE, 3-PHASE POWER AVAILABLE, AND PERMITS SECURED, the new owner can step in and immediately bring this vision to life. Whether you choose to enhance the existing design or tailor the plans to your unique vision, 1140 Calle Vista Drive is ready to become your ultimate dream estate. AN EXTRAORDINARY LEGACY PROPERTY AWAITS. DON'T MISS THIS EXCLUSIVE OPPORTUNITY.
No exterior & parking available.
Grades K-5 • 1.1 mi
Grades K-6 • 1.9 mi
Grades K-5 • 2.2 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 5.0 | 50% |
| Baths | 8.0 | 5.0 | 78% |
| Square foot | 13,600 | 4,403.5 | 96% |
| Lot Size | 48,799 | 18,824 | 92% |
| Price | $24.90M | $6.80M | 95% |
| Price per sq ft | $1.8K | $1.4K | 71% |
| Built year | 0 | 1959 | 2% |
| HOA | $0 | $0 | 50% |
| Days on market | 443 | 203 | 95% |
Jan 10, 2026
$24,900,000
$26,000,000
-4% Price Drop
Initial Listing
Aug 23, 2025
$26,000,000
Initial Listing
Feb 3, 2025
$32,000,000
Initial Listing