
Beverly Hills, California 90210
This property presents a High-Potential Investment Opportunity with a List Price of $22,500,000—positioned well below the $22,615,049 Fair Market Value by 0.5%. This construction-ready Asset features approved plans for a 13,600-square-foot estate, including 3-Phase Power and Panoramic Views. With a Condition Rating of 6, the site requires significant capital to complete, yet offers a rare head start on development. This is an ideal acquisition for Luxury Developers or High-Net-Worth Owner-Occupants seeking to build a landmark Beverly Hills residence.
Property is land value only, full reconstruction required.
The property is currently an active construction site with only the foundation, basement excavation, and perimeter walls completed. As there are no finished kitchen or bathroom facilities and no functional HVAC or interior systems, the property is unlivable and represents land value with permitted development potential.
Elementary School: Fairburn Avenue Elementary School (9/10). High School: Beverly Hills High School (9/10).
The property offers a significant head start by bypassing years of planning and permitting, with completed grading, retaining walls, and foundation work already in place.
Positioned just below Trousdale Estates, the site commands unobstructed views of the Beverly Hills skyline, Century City, Downtown Los Angeles, and the Pacific Ocean.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 13600, other record living area = 5300.
As a development opportunity rather than a finished home, the buyer must commit substantial additional capital and time to complete the 13,600-square-foot residence.
The $22.5 million list price for an unfinished site represents a high-stakes investment that requires a specialized buyer willing to manage complex construction risks.
BEVERLY HILLS' MOST COMPELLING DEVELOPMENT OPPORTUNITIES. Positioned on approximately 1.1 acres in one of Beverly Hills' most prestigious hillside neighborhoods, 1140 Calle Vista Drive presents an extraordinary opportunity to complete a spectacular contemporary estate while bypassing years of planning, engineering, permitting, and site preparation. Perched just below the iconic Trousdale Estates, the property commands sweeping panoramic views of the Beverly Hills skyline, Century City, Downtown Los Angeles, and the Pacific Ocean. Unlike a traditional land offering, the most challenging phases of development have already been completed. CONSTRUCTION-READY WITH APPROVED PLANS More than two years of extensive site development have transformed this property into a true construction-ready opportunity. Completed improvements include extensive grading and hillside recompaction, engineered retaining walls, hillside landscape planting and irrigation, completed basement excavation, basement foundation and perimeter walls, and substantial concrete structural work. A rare and significant advantage is the availability of 3-PHASE POWER providing the electrical capacity required for today's most sophisticated luxury residences, including advanced home automation, wellness amenities, commercial-grade mechanical systems, EV charging, and future technologies. APPROVED PERMITS are in place for an approximately 13,600-square-foot architectural residence, allowing construction to begin. Updated design enhancements are currently under City review while the existing approved plans remain buildable. DESIGNED FOR ELEVATED LIVING. The proposed residence features five luxurious bedroom suites, an approximately 1,700-square-foot primary suite with commanding views, expansive open-concept living, dining, and family spaces, seamless indoor-outdoor living, and a resort-inspired wellness level complete with a spa, steam room, sauna, indoor pool, theater, fitness center, and multiple entertainment lounges. A PREMIER BEVERLY HILLS ADDRESS Known for its privacy, tranquility, and prestige, Calle Vista Drive continues to evolve as one of Beverly Hills' most desirable streets, with neighboring estates undergoing extraordinary redevelopment and new architectural construction, further enhancing the neighborhood's long-term appeal. AN EXTRAORDINARY HEAD START Development opportunities offering this combination of location, panoramic views, completed infrastructure, approved permits, existing structural improvements, immediate construction capability, and 3-Phase Power have become exceptionally rare. Whether completing the existing architectural vision or incorporating your own design refinements, the next owner inherits years of entitlement work, substantial infrastructure already in place, and a remarkable head start toward creating one of Beverly Hills' next landmark estates. 1140 Calle Vista Drive is more than an exceptional homesite. It is a rare opportunity to create a world-class estate in one of the most coveted neighborhoods in the world.
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 |
|---|---|---|
| Beds | 5.0 | 4.0 |
| Baths | 8.0 | 5.0 |
| Square foot | 13,600 | 3,494.5 |
| Lot Size | 48,799 | 18,514.5 |
| Price | $22.50M | $5.52M |
| Price per sq ft | $1.7K | $1.5K |
| Built year | 0 | 1958 |
| HOA | $0 | $0 |
| Days on market | 2 | 70 |
Jul 20, 2026
$22,500,000
Initial Listing