1150 Laurel Way, Beverly Hills, California 90210, Beverly Hills, 90210 - 3 bed, 5 bath
ACTIVE$4,995,000
1150 Laurel Way, Beverly Hills, California 90210
3Beds
5Baths
2,882Sqft
19,865Lot
Year Built
1958
Close
-
List price
$5M
Original List price
$5M
Price/Sqft
$1,733
HOA
-
Days on market
-
Sold On
-
MLS number
25603439
Home ConditionTear down
Features
Excellent View: Hills
Pool
ViewHills
About this home
We found 3 Cons,5 Pros. Rank: price - $5.00M(45th), sqft - 2882(26th), beds - 3(24th), baths - 5(50th).
Exceptional opportunity to build a brand-new estate in one of the most coveted pockets of Beverly Hills. Located on prestigious Laurel Way, this rare offering presents the chance to create a custom residence surrounded by world-class homes and panoramic canyon and city views. Set on an expansive lot in the heart of the 90210, the existing structure is ready for redevelopment the true value lies in the land and the limitless potential it offers. Whether you're a developer or end-user, this is a blank canvas ready for your vision.
Nearby schools
9/10
West Hollywood Elementary School
Public,•K-5•1.7mi
9/10
Warner Avenue Elementary School
Public,•K-5•1.8mi
9/10
Fairburn Avenue Elementary School
Public,•K-5•2.4mi
4/10
Rosewood Avenue Elementary School, School for Advanced Studies
Public,•K-6•2.6mi
9/10
Wonderland Avenue Elementary School
Public,•K-5•2.7mi
7/10
Canfield Avenue Elementary School
Public,•K-5•3.3mi
5/10
Carthay Center Elementary
Public,•K-5•3.6mi
8/10
Hawthorne Elementary School
Public,•K-8•1.3mi
8/10
El Rodeo Elementary School
Public,•K-8•1.7mi
8/10
Beverly Vista Elementary School
Public,•K-8•2.3mi
8/10
Horace Mann Elementary School
Public,•K-8•2.8mi
3/10
Daniel Webster Middle School
Public,•6-8•4.4mi
3/10
Hubert Howe Bancroft Middle School
Public,•6-8•4.7mi
7/10
Palms Middle School
Public,•6-8•4.7mi
7/10
John Burroughs Middle School
Public,•6-8•5.0mi
9/10
Beverly Hills High School
Public,•9-12•2.1mi
7/10
Fairfax Senior High School
Public,•9-12•3.3mi
6/10
University Senior High School
Public,•9-12•4.1mi
6/10
University Senior High School Charter
Public,•9-12•4.1mi
6/10
Alexander Hamilton Senior High School
Public,•9-12•4.4mi
Price History
Date
Event
Price
10/09/25
Listing
$4,995,000
07/27/20
Sold
$4,800,000
11/21/17
Sold
$4,600,000
Condition Rating
Tear down
The property was built in 1958, making it over 50 years old. The listing description explicitly states that the 'existing structure is ready for redevelopment' and 'the true value lies in the land and the limitless potential it offers.' This indicates the current structure is considered beyond repair or economically viable renovation, and its value is solely in the land for a new build, aligning perfectly with the 'tear-down' criteria. The aerial images do not show any signs of recent major renovations that would contradict this assessment.
Pros & Cons
Pros
Prime Beverly Hills Location: Situated on prestigious Laurel Way in the highly coveted 90210 zip code, surrounded by world-class estates, offering unparalleled exclusivity and prestige.
Exceptional Development Potential: Presents a rare and exceptional opportunity to build a custom, brand-new luxury estate from the ground up, tailored to a buyer's exact specifications.
Expansive Lot Size: A generous 19,865 sqft lot provides ample space for a significant new construction, extensive landscaping, and luxury amenities.
Panoramic Canyon & City Views: Boasts desirable panoramic canyon and city views, a highly sought-after feature that significantly enhances property value and lifestyle.
Investment in Land Value: The true value of this offering lies in its prime land, representing a solid investment opportunity in one of the most exclusive and high-demand real estate markets.
Cons
Existing Structure Requires Redevelopment: The 1958 existing structure is explicitly noted as ready for redevelopment, indicating it is likely a tear-down and not suitable for immediate occupancy or renovation by a luxury buyer.
Substantial Additional Investment Required: Buyers must anticipate significant costs beyond the purchase price for demolition, architectural design, permitting, and new construction of a luxury estate.
Extensive Project Timeline: Developing a custom estate involves a lengthy and complex process of planning, permitting, and construction, which may not suit buyers seeking immediate occupancy.