
Los Angeles, California 90210
This Stunning Luxury Estate is a Strong Value Opportunity, listed at $8,495,000—positioned well below the $8,579,341 Fair Market Value by 0.98%. This valuation gap offers $84,341 in Instant Equity. Featuring a Good Condition Rating, the home offers a 24-hour guard-gated lifestyle with panoramic city views, a private pool and spa, and a chef's kitchen. It is an ideal acquisition for discerning luxury buyers or owner-occupants seeking a prestigious, move-in ready sanctuary in the hills.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 12053 Crest Court Subject | $8,495,000* List Price | 5 | 7 | 6,416 | $1,342 | - |
A 2358 Kimridge Road Active | $8,500,000 List Price | 5 | 7 | 6,646 | $1,279 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 1987, this estate is well-maintained and move-in ready. While the architectural style and wood paneling reflect its original era, the interior features updated hardwood flooring, modern recessed lighting, and a recently renovated primary closet. The property shows no signs of deferred maintenance and appears to have undergone updates within the 5-15 year range, fitting the 'Good' criteria for a functional luxury home.
Situated within the prestigious 'The Summit' enclave, the property offers 24-hour guard-gated security, providing the high level of privacy and safety expected in the Beverly Hills Post Office area.
The primary suite is a standout feature, offering an expansive layout that includes an executive den, dual bathrooms, a private dressing room, and a balcony with sweeping panoramic views.
The home is masterfully designed with French doors throughout that frame unobstructed city, canyon, and mountain views, seamlessly blending the indoor living spaces with the dramatic landscape.
Built in 1987, the property may require significant capital expenditure to modernize its systems and aesthetic finishes to compete with contemporary ultra-luxury builds in the same price bracket.
With a monthly association fee of $1,550 and a high list price, the ongoing maintenance and holding costs represent a significant financial commitment for potential owners.
Beyond the gates of The Summit lies an estate designed for those who value privacy and timeless elegance. Offering four spacious bedrooms + 5th bedroom/office and seven bathrooms, a handsome wood-paneled library, formal dining room, chef's kitchen with breakfast nook, grand living room that could double as a ballroom, and the peace of mind of renowned 24-hour guard-gated security. The remarkable primary suite is a sanctuary featuring its own executive den, wet bar, dual bathrooms -- including one with an oversized soaking tub, private dressing room, sweeping panoramic views enjoyed from the bedroom, balcony, and bath, and private balcony access. French doors throughout the home frame the sparkling pool and panoramic views. Outside, a pool, spa, built-in barbecue with its own outdoor dining area, and generous entertaining deck create the perfect setting for everything. From peaceful yoga overlooking the horizon, barbecue and happy hours by the pool at sunset, alfresco gatherings, and evenings with live music and room to dance under the stars. A distinguished residence where privacy, prestige, and sweeping views define the best value in the hills.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 5.0 | 3.0 |
| Baths | 7.0 | 2.0 |
| Square foot | 6,416 | 1,664.159 |
| Lot Size | 13,257 | 6,066.556 |
| Price | $8.49M | $1.35M |
| Price per sq ft | $1.3K | $806 |
| Built year | 1987 | 1939 |
| HOA | $1550.0 | $278 |
| Days on market | 35 | 55 |
Aug 5, 2026
$8,495,000
Initial Listing
Feb 28, 2023
$6,395,000
Public Record
Sep 16, 2010
$3,100,031
Public Record