1243 Beverly Green Drive, Beverly Hills, California 90212, Beverly Hills, 90212 - 4 bed, 4 bath

1243 Beverly Green Drive, Beverly Hills, California 90212 home-pic-0
ACTIVE$4,995,000
1243 Beverly Green Drive, Beverly Hills, California 90212
4Beds
4Baths
3,486Sqft
9,827Lot

Price Vs. Estimate

The estimated value ($4,346,053.07) is $648,946.93 (12%) lower than the list price ($4,995,000). This property may be overpriced.

Key pros and cons

Top Pros:
Panoramic Views: The property offers spectacular, wide-ranging views from Century City skyscrapers to the Hollywood Hills, Hollywood sign, snow-covered mountains, and panoramas of downtown Los Angeles and Beverly Hills.
Top Cons:
Listing Price vs. Estimation: The current listing price is 12% higher than the property's estimated value, suggesting it may be aggressively priced relative to market comparisons.

Compared to the nearby listings

Price:$5.00M vs avg $4.08M (+$920,000)87%
Size:3,486 sqft vs avg 3,356 sqft60%
Price/sqft:$1.4K vs avg $1.2K67%

More Insights

Built in 1939 (86 years old).
Condition: The property was extensively remodeled in 2002, making the renovation 22 years old. While the home is impeccably maintained and features high-quality materials like stainless steel appliances, dark wood cabinetry, and stone countertops in the kitchen and bathrooms, the style is visibly dated. The condition aligns with the 'Fair' category, where a property was renovated between 15 to 30 years ago, and major components are functional but show signs of being outdated, potentially requiring minor updates to meet current aesthetic trends.
Year Built
1939
Close
-
List price
$5M
Original List price
$5M
Price/Sqft
$1,433
HOA
-
Days on market
-
Sold On
-
MLS number
25483811
Home ConditionFair
Features
Excellent View: City Lights, Hills, Landmark
Pool
Spa
Patio
ViewCity Lights,Hills,Landmark

About this home

Perched high above the street sits a stunning, privately gated contemporary residence with spectacular views from Century City skyscrapers, to the Hollywood Hills and the Hollywood sign. You can see snow covered mountains and panoramas of downtown Los Angeles and Beverly Hills. Extensively remodeled in 2002, the oversized lot features a single story home with resort style lush gardens, a gorgeous 60 foot lap pool and spa and multiple outdoor patios for entertaining. Warm, inviting and elegant, all in the heart of BH. On the second floor you will find an oversized loft room. Outdoor Lift is located on the exterior of the property for guests or packages that arrive. Close to Rodeo Dr. shops and restaurants, a true "one-of-a-kind" paradise in the city. This home is in the Beverly Hills school district.

Price History

Date
Event
Price
08/27/99
Sold
$900,000
Condition Rating
Fair

The property was extensively remodeled in 2002, making the renovation 22 years old. While the home is impeccably maintained and features high-quality materials like stainless steel appliances, dark wood cabinetry, and stone countertops in the kitchen and bathrooms, the style is visibly dated. The condition aligns with the 'Fair' category, where a property was renovated between 15 to 30 years ago, and major components are functional but show signs of being outdated, potentially requiring minor updates to meet current aesthetic trends.
Pros & Cons

Pros

Panoramic Views: The property offers spectacular, wide-ranging views from Century City skyscrapers to the Hollywood Hills, Hollywood sign, snow-covered mountains, and panoramas of downtown Los Angeles and Beverly Hills.
Prime Beverly Hills Location: Situated in the heart of Beverly Hills, the home is close to Rodeo Drive shops and restaurants and is within the highly-rated Beverly Hills school district.
Resort-Style Outdoor Amenities: The oversized lot features resort-style lush gardens, a gorgeous 60-foot lap pool and spa, and multiple outdoor patios, ideal for entertaining and relaxation.
Privacy and Gated Entry: Perched high above the street and privately gated, the residence offers an enhanced sense of exclusivity and seclusion.
Unique Accessibility Feature: An exterior outdoor lift provides convenient accessibility for guests or packages, adding a distinctive and practical amenity.

Cons

Listing Price vs. Estimation: The current listing price is 12% higher than the property's estimated value, suggesting it may be aggressively priced relative to market comparisons.
Dated Remodel: While extensively remodeled in 2002, these updates are now over two decades old, which may not align with contemporary luxury design trends and could necessitate further modernization for some buyers.
Potential for Sloped Lot Challenges: Being 'perched high above the street' for optimal views often implies a sloped lot, which might present accessibility challenges or limit flat, usable outdoor space despite the overall large lot size.

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