12417 Mulholland Drive, Beverly Hills, California 90210, Beverly Hills, 90210 - 3 bed, 4 bath

12417 Mulholland Drive, Beverly Hills, California 90210 home-pic-0
ACTIVE$3,695,000
12417 Mulholland Drive, Beverly Hills, California 90210
3Beds
4Baths
2,762Sqft
27,443Lot

Price Vs. Estimate

The estimated value ($2,825,108.98) is $869,891.02 (23%) lower than the list price ($3,695,000). This property may be overpriced.

Key pros and cons

Top Pros:
High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 27443, living area = 2762.
Top Cons:
Significant Price Discrepancy: The current list price of $3.695M is notably higher than the estimated property value of $2.825M, suggesting a potential overpricing of approximately 23% based on current market estimations.

Compared to the nearby listings

Price:$3.69M vs avg $5.25M ($-1,555,000)35%
Size:2,762 sqft vs avg 3,925 sqft26%
Price/sqft:$1.3K vs avg $1.2K56%

More Insights

Built in 1946 (79 years old).
Condition: Despite being built in 1946, this property underwent an extensive and high-quality renovation in 2018. The description highlights a 'stunning contemporary chef's kitchen with state-of-the-art appliances, custom cabinetry, and Caesarstone countertops,' a 'luxurious en-suite bathroom with an oversized glass-enclosed shower,' 'hardwood floors throughout,' and 'updated major systems.' The images confirm these details, showcasing modern, high-end finishes, fixtures, and appliances in both the kitchen and bathrooms. The property appears to have virtually new components, meets current quality standards, and shows no signs of deferred maintenance, aligning perfectly with the 'Excellent' criteria for a recently and fully renovated home.
Year Built
1946
Close
-
List price
$3.69M
Original List price
$3.69M
Price/Sqft
$1,338
HOA
-
Days on market
-
Sold On
-
MLS number
25516517
Home ConditionExcellent
Features
Excellent View: Canyon
Deck
Pool
Patio
ViewCanyon

About this home

This beautifully renovated Robert Byrd original is perched on a private, tree-lined street just off iconic Mulholland Drive, offering tranquility and exclusivity while still boasting awe-inspiring 180-degree city and canyon views from both sides of the home. Set on a private road shared with only three homes, this single-story East Hampton Traditional seamlessly combines timeless design with modern living. The expansive living room, featuring cathedral-beamed ceilings and a stacked stone fireplace, flows effortlessly into a light-filled family room with walls of glass that open to an inviting entertaining deck. The stunning contemporary chef's kitchen, complete with state-of-the-art appliances, custom cabinetry, and Caesarstone countertops, opens to the formal dining room, creating the perfect layout for gatherings. The spacious primary suite offers a cozy stone fireplace, a luxurious en-suite bathroom with an oversized glass-enclosed shower, and tranquil views. Additional accommodations include a generous en-suite guest room and a private en-suite maid's room or office. Renovated in 2018, the home features exposed vaulted wood-beam ceilings, hardwood floors throughout, three fireplaces, and updated major systems. Outdoor living is reimagined with a brand-new sparkling pool, multiple dining patios with a gas fire feature, a custom BBQ area, a grassy side yard, terraced hillside gardens with fruit trees, and lushly landscaped private spaces. The property also includes a detached three-car garage and a motor court with space for 6-8 vehicles. With unparalleled privacy, breathtaking views, and access to nearby hiking trails, this home is a serene oasis that truly embodies the best of California living.

Price History

Date
Event
Price
07/15/21
Sold
$3,143,000
06/05/18
Sold
$2,740,000
09/04/15
Sold
$1,525,000
07/18/06
Sold
$1,862,500
Condition Rating
Excellent

Despite being built in 1946, this property underwent an extensive and high-quality renovation in 2018. The description highlights a 'stunning contemporary chef's kitchen with state-of-the-art appliances, custom cabinetry, and Caesarstone countertops,' a 'luxurious en-suite bathroom with an oversized glass-enclosed shower,' 'hardwood floors throughout,' and 'updated major systems.' The images confirm these details, showcasing modern, high-end finishes, fixtures, and appliances in both the kitchen and bathrooms. The property appears to have virtually new components, meets current quality standards, and shows no signs of deferred maintenance, aligning perfectly with the 'Excellent' criteria for a recently and fully renovated home.
Pros & Cons

Pros

High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 27443, living area = 2762.
Unparalleled Views & Location: The property boasts awe-inspiring 180-degree city and canyon views from both sides of the home, situated on a private, tree-lined street just off iconic Mulholland Drive, offering tranquility and exclusivity.
Extensive Modern Renovation: Renovated in 2018, this Robert Byrd original seamlessly blends timeless design with modern living, featuring updated major systems, exposed vaulted wood-beam ceilings, and hardwood floors throughout.
Gourmet Chef's Kitchen: The stunning contemporary chef's kitchen is equipped with state-of-the-art appliances, custom cabinetry, and Caesarstone countertops, creating an ideal space for culinary enthusiasts and entertaining.
Resort-Style Outdoor Living: Outdoor amenities include a brand-new sparkling pool, multiple dining patios with a gas fire feature, a custom BBQ area, grassy side yard, terraced hillside gardens with fruit trees, and lush landscaping.
Ample Parking & Privacy: The property offers unparalleled privacy on a road shared with only three homes, complemented by a detached three-car garage and a motor court accommodating 6-8 vehicles, a significant advantage in the area.

Cons

Significant Price Discrepancy: The current list price of $3.695M is notably higher than the estimated property value of $2.825M, suggesting a potential overpricing of approximately 23% based on current market estimations.
Original Construction Age: Despite a comprehensive renovation in 2018, the home's original construction year of 1946 might raise concerns for some buyers regarding the age of underlying infrastructure or potential for unforeseen maintenance.
Modest Interior Square Footage for Price Point: With 2762 sqft of living space, the interior size could be considered modest for a property listed at nearly $3.7 million in Beverly Hills, especially given the generous 27,443 sqft lot, which might lead some buyers to expect a larger home.

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