
Los Angeles, California 90077
This Historical Development Estate represents a significant value-add acquisition with a List Price of $18,900,000, positioned accurately alongside its $18,729,785 Fair Market Value. Marketed as a "reimagination" or "new build" opportunity, the property carries a Condition Rating of 5, indicating substantial deferred maintenance and aging infrastructure. The primary value is anchored in the massive 71,211 Square Foot Lot in prestigious Holmby Hills, featuring a Two-Story 1930s Theater and proximity to Harvard-Westlake. This 1.63-acre asset offers immense development potential for Luxury Developers or High-End Preservationists looking to craft a legacy.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1196 Brooklawn Drive Subject | $18,900,000* List Price | 5 | 6 | 6,477 | $2,892 | - |
A 327 Delfern Drive Sold | $18,130,000 | 5 | 6 | 6,596 | $2,749 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1928, this estate is marketed as a 'reimagination' or 'new build' opportunity, indicating it is not currently in move-in condition. Visual evidence shows significant deferred maintenance, including an empty and stained pool, a derelict greenhouse, and visible water damage/staining on the ornate theater ceilings. While the property retains historical architectural details, the systems are described as aging and outdated, requiring a total rehabilitation of the kitchen, bathrooms, and structural components to meet modern luxury standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 71211, living area = 6477.
Situated in one of Los Angeles' most prestigious neighborhoods on 1.63 lush acres, this estate offers unparalleled privacy and elite proximity to Harvard-Westlake.
The property features rare Old Hollywood elements, including a two-story 1930s theater with hand-carved ceilings and an original greenhouse, providing unique character for a restoration project.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 5, other record bedroom count = 4.
The property is positioned as a 'reimagination' opportunity, indicating that the existing 1928 structure likely requires substantial capital investment to meet modern luxury standards.
Given the nearly century-old construction, the estate likely faces challenges with outdated electrical, plumbing, and mechanical systems that would necessitate a full-scale modernization.
Nestled in prestigious Holmby Hills, Villa d'Este offers a once-in-a-lifetime opportunity. Spanning 1.63 lush acres and just steps from Harvard-Westlake, this 1930s estate evokes Old Hollywood glamour. Envision a complete reimagination or a spectacular new build, while preserving treasures like the original greenhouse and the two-story 1930s theater with hand-carved ceilings. Gated with extreme privacy, this estate is surrounded by the most coveted estates in Los Angeles. If these walls could talk, they'd whisper of Gatsby-esque soires ready for you to craft your own legacy.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 4.0 | 64% |
| Baths | 6.0 | 4.0 | 75% |
| Square foot | 6,477 | 2,917 | 80% |
| Lot Size | 71,211 | 22,222.5 | 80% |
| Price | $18.90M | $3.09M | 96% |
| Price per sq ft | $2.9K | $956 | 96% |
| Built year | 1928 | 1968 | 2% |
| HOA | $0 | $0 | 50% |
| Days on market | 36 | 205 | 2% |
Mar 17, 2026
$18,900,000
Initial Listing