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11955 Pinnacle Place, Beverly Hills, California 90210, Beverly Hills, 90210 - 4 bed, 5 bath

11955 Pinnacle Place, Beverly Hills, California 90210 home-pic-0
ACTIVE$7,995,000$5,017/sqft
Est. Value: $8,623,973
7%
BelowEstimate
11955 Pinnacle Place, Beverly Hills, California 90210
4Beds
5Baths
5,017Sqft
20,052Lot

Price Vs. Estimate

The estimated value ($8,623,972.54) is $628,972.54 (7%) higher than the list price ($7,995,000). This property may be underpriced.

Key pros and cons

Top Pros:
Exclusive Guard-Gated Community: The property is situated in The Summit, an exclusive guard-gated community with only 10 homes, offering unparalleled privacy, security, and prestige.
Top Cons:
MLS Listing Discrepancy: Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 3.

Compared to the nearby listings

Price:$8.00M vs avg $5.26M (+$2,730,000)64%
Size:5,017 sqft vs avg 3,834 sqft64%
Price/sqft:$1.6K vs avg $1.2K68%

More Insights

Built in 1982 (44 years old).
Condition: Despite being built in 1982, this property has undergone an extensive and high-quality renovation, bringing it to an 'excellent' condition. The description explicitly states 'beautifully updated,' which is strongly supported by the images. The kitchen features modern flat-panel cabinetry, high-end stainless steel appliances, contemporary countertops, and stylish backsplashes, appearing virtually new. All bathrooms are luxurious and fully updated with modern vanities, fixtures, freestanding tubs, and glass-enclosed showers. Throughout the home, the flooring (wide plank wood and modern tile), lighting (recessed and contemporary fixtures), and overall aesthetic reflect a very recent and comprehensive renovation, meeting current quality standards with no visible deferred maintenance.
Year Built
1982
Close
-
List price
$8M
Original List price
$8M
Price/Sqft
$1,594
HOA
$1,550
Days on market
-
Sold On
-
MLS number
26635741
Home ConditionExcellent
Features
Excellent View: City Lights, Canyon, Mountain(s), Valley
Pool
Spa
Patio
ViewCity Lights,Canyon,Mountain(s),Valley

About this home

Welcome to The Summit Gated Community. 1 of only 10 homes located in the exclusive Guard-Gated Community The Summit with city views. Boasting over 5,000 square feet of living space, this extremely private and beautifully updated, home is one of the very few in the community to feature city and canyon views. Enter the property into the large gated front courtyard with expansive space for lounging and entertaining. The formal foyer opens into a voluminous great room with soaring two-story wood-paneled and skylit ceiling, impressive fireplace, and walls of sliding glass that open to the outdoor space and overlook the extraordinary views. The architecture of this fabulous home delivers clean lines with walls of glass throughout that seamlessly fuse to integrate the interior and exterior spaces and offer the ultimate Los Angeles lifestyle with ideal space for entertaining in grand style. Public rooms on the main level include a spacious formal dining room, sprawling chef's kitchen with breakfast room, and family room with fireplace and built-in bar. There are 4 bedrooms and 4.5 bathrooms including the tremendous primary suite complete with spectacular views, fireplace, sitting room or office with balcony, walk-in closet, and luxurious bathroom. A total of 3 en-suite bedrooms upstairs including the primary suite and 1 en-suite bedroom downstairs. The backyard offers expansive patio space, spa and infinity pool that endlessly flows to the shimmering vistas beyond.

M
Michael Fahimian
Listing Agent

Price History

Date
Event
Price
12/08/94
Sold
$1,287,500
05/06/14
Sold
$3,360,000
Condition Rating
Excellent
Despite being built in 1982, this property has undergone an extensive and high-quality renovation, bringing it to an 'excellent' condition. The description explicitly states 'beautifully updated,' which is strongly supported by the images. The kitchen features modern flat-panel cabinetry, high-end stainless steel appliances, contemporary countertops, and stylish backsplashes, appearing virtually new. All bathrooms are luxurious and fully updated with modern vanities, fixtures, freestanding tubs, and glass-enclosed showers. Throughout the home, the flooring (wide plank wood and modern tile), lighting (recessed and contemporary fixtures), and overall aesthetic reflect a very recent and comprehensive renovation, meeting current quality standards with no visible deferred maintenance.
Pros & Cons

Pros

Exclusive Guard-Gated Community: The property is situated in The Summit, an exclusive guard-gated community with only 10 homes, offering unparalleled privacy, security, and prestige.
Panoramic City & Canyon Views: Boasts extraordinary city and canyon views from multiple vantage points, including the great room, primary suite, and infinity pool, enhancing its luxury appeal.
Expansive & Luxurious Living Space: With over 5,000 sqft, the home features a voluminous great room, sprawling chef's kitchen, and a tremendous primary suite, designed for grand entertaining and comfortable living.
Seamless Indoor-Outdoor Integration: Modern architecture with clean lines and extensive walls of glass creates a seamless flow between interior and exterior spaces, ideal for the Los Angeles lifestyle.
Prestigious Beverly Hills Address: Located on Pinnacle Place in Beverly Hills 90210, offering a highly sought-after and iconic address synonymous with luxury.

Cons

MLS Listing Discrepancy: Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 3.
Significant Monthly Association Fees: The property carries a substantial monthly association fee of $1,550, which adds considerably to the ongoing cost of ownership.
Potential for System Updates (Age): Built in 1982, despite being 'beautifully updated,' some core systems (HVAC, plumbing, electrical) might still be original or require further modernization to meet current efficiency standards.
High Maintenance Requirements: The large living space, expansive outdoor areas, and features like an infinity pool and spa imply significant ongoing maintenance, time, and financial commitment for upkeep.
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