
Beverly Hills, California 90210
This Prime Redevelopment Asset is listed at $4,995,000, representing a strategic land-acquisition opportunity in the prestigious 90210 zip code. While the list price sits above the $4,278,923 Fair Market Value estimation, the primary value is anchored in the expansive 19,865 Sqft Lot and its Panoramic Canyon and City Views. The property carries a Condition Rating of 6, serving as a blank canvas for a custom estate near Top-Rated Schools including Fairburn Avenue Elementary and Beverly Hills High. This is an elite acquisition for Luxury Developers or Visionary End-Users.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1150 Laurel Way Subject | $4,995,000* List Price | 3 | 5 | 2,882 | $1,608 | - |
A 1309 Laurel Way Active | $3,750,000 List Price | 3 | 1 | 2,862 | $1,310 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is land value only, full reconstruction required.
Built in 1958, the listing explicitly markets the property as a redevelopment opportunity, stating that the true value lies in the land and the existing structure is ready for a brand-new estate. It is described as a blank canvas for demolition and reconstruction.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 19865, living area = 2882.
Elementary School: Fairburn Avenue Elementary School (9/10). High School: Beverly Hills High School (9/10).
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.
No exterior & parking available.
Grades K-5 • 1.7 mi
Grades K-5 • 1.8 mi
Grades K-5 • 2.4 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 5.0 | 21% |
| Baths | 5.0 | 5.0 | 50% |
| Square foot | 2,882 | 4,342 | 24% |
| Lot Size | 19,865 | 18,824 | 53% |
| Price | $5.00M | $6.54M | 40% |
| Price per sq ft | $1.7K | $1.4K | 65% |
| Built year | 1958 | 1959 | 46% |
| HOA | $0 | $0 | 50% |
| Days on market | 196 | 197 | 50% |
Oct 9, 2025
$4,995,000
Initial Listing
Jul 27, 2020
$4,800,000
Public Record
Nov 21, 2017
$4,600,000
Public Record