12068 Crest Court, Beverly Hills, California 90210, Beverly Hills, 90210 - 5 bed, 8 bath

12068 Crest Court, Beverly Hills, California 90210 home-pic-0
ACTIVE$8,999,999
12068 Crest Court, Beverly Hills, California 90210
5Beds
8Baths
6,080Sqft
18,146Lot
Year Built
1988
Close
-
List price
$9M
Original List price
$9.3M
Price/Sqft
$1,480
HOA
$1,555
Days on market
-
Sold On
-
MLS number
25489147
Home ConditionExcellent
Features
Excellent View: City Lights, Coastline, Canyon, Ocean, Panoramic
Pool
Spa
Patio
ViewCity Lights,Coastline,Canyon,Ocean,Panoramic

About this home

Possibly Over-Priced:The estimated price is 6% below the list price. We found 3 Cons,5 Pros. Rank: price - $9.00M(65th), sqft - 6080(72th), beds - 5(50th), baths - 8(76th).

Set atop a serene cul-de-sac in the prestigious guard-gated community of The Summit in Beverly Hills, this reimagined Tudor estate combines architectural grandeur with contemporary updates. Elevated above Mulholland Drive, the property offers sweeping views that stretch from the mountains to the city and ocean, providing a picturesque backdrop for a life of unparalleled luxury.A dramatic double-height foyer, illuminated by intricate glass chandeliers, introduces the home's thoughtful design. Coffered ceilings, towering wood beams, and rich flooring lend a sense of timeless sophistication, while expansive picture windows and French doors flood the interiors with natural light. The formal living room, with bespoke millwork and library-inspired built-ins, boasts vaulted ceilings and fireplace, seamlessly connecting to outdoor living areas. Adjacent, the formal dining room invites elegant gatherings with direct access to alfresco spaces. The heart of the home lies in the newly renovated chef's kitchen, outfitted with Viking appliances, Sub-Zero refrigeration, extensive countertops, walk-in pantry and breakfast dining area. This culinary haven flows effortlessly into the family room, complete with a custom bar and another fireplace, ensuring effortless entertaining both indoors and out.The primary suite stands as a private sanctuary, offering a cozy fireplace, dual spa-inspired baths, dual walk-in closets, a Carrera marble shower, soaking tub, and a dry sauna. The residence features five luxuriously appointed bedrooms, each with its own en-suite bathroom. A unique extra-large suite, with a separate entrance and living space, provides flexible accommodations for guests or extended family. Outside, the estate's meticulously landscaped grounds showcase an infinity pool, jacuzzi, outdoor kitchen, cabana, and multiple lounge areas, all surrounded by lush greenery and sweeping views. Other notable features include a dedicated office, rare underground wine cellar, a sprawling motor court and six-car garage.This exclusive enclave provides not only 24-hour security but also unparalleled privacy. Situated within a highly sought-after celebrity neighborhood, the home offers seamless access to both city and valley destinations, placing it at the crossroads of tranquility and convenience.

Price History

Date
Event
Price
01/06/22
Sold
$6,140,000
Condition Rating
Excellent

Despite being built in 1988, this property has undergone an extensive and high-quality renovation, as evidenced by the 'reimagined Tudor estate' description and the 'newly renovated chef's kitchen' featuring Viking and Sub-Zero appliances. The images confirm a modern, luxurious aesthetic throughout, particularly in the kitchen with its white cabinetry, large island, and high-end appliances, and in the 'spa-inspired baths' with Carrera marble, soaking tubs, and modern fixtures. All visible components appear new or virtually new, meeting current quality standards with no signs of deferred maintenance, aligning perfectly with the criteria for an 'Excellent' condition score.
Pros & Cons

Pros

Prime Location & Exclusivity: Situated in the prestigious guard-gated community of The Summit in Beverly Hills, offering unparalleled privacy, 24-hour security, and seamless access to city and valley destinations.
Panoramic Views: The property boasts sweeping panoramic views stretching from the mountains to the city and ocean, providing a picturesque and highly desirable backdrop.
Luxurious & Renovated Interiors: Features a newly renovated chef's kitchen with Viking and Sub-Zero appliances, a luxurious primary suite with dual spa-inspired baths and a dry sauna, and high-end finishes throughout including coffered ceilings and bespoke millwork.
Exceptional Outdoor Amenities: The meticulously landscaped grounds include an infinity pool, jacuzzi, outdoor kitchen, cabana, and multiple lounge areas, perfect for entertaining and relaxation.
Unique & High-End Features: Includes a rare underground wine cellar, a dedicated office, a versatile extra-large suite with a separate entrance, a sprawling motor court, and a six-car garage, catering to a luxury lifestyle.

Cons

High Association Fees: The property carries a significant association fee of $1555.0 (likely monthly), which adds a substantial recurring cost to ownership.
Potential Overpricing: The current list price of $8,999,999 is notably higher than the estimated property value of $8,402,093.05, suggesting it may be priced above current market expectations.
Specific Architectural Style: While 'reimagined,' the Tudor estate style, built in 1988, might appeal to a more niche buyer segment compared to more contemporary or modern architectural preferences prevalent in the luxury market.

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