12637 Homewood Way, Los Angeles, California 90049, Los Angeles, 90049 - 4 bed, 5 bath

12637 Homewood Way, Los Angeles, California 90049 home-pic-0
ACTIVE$6,250,000$6,500/sqft
Est. Value: $5,980,234
-4%
AboveEstimate
12637 Homewood Way, Los Angeles, California 90049
4Beds
5Baths
6,500Sqft
17,965Lot

Price Vs. Estimate

The estimated value ($5,980,234.27) is $269,765.73 (4%) lower than the list price ($6,250,000). This property may be overpriced.

Key pros and cons

Top Pros:
Great Schools: Elementary School: Fairburn Avenue Elementary School (9/10).
Top Cons:
Significant Additional Investment: The listed price covers the land and approved plans; the buyer must fund the entire multi-million dollar construction of the 6,500 sqft luxury home.

Compared to the nearby listings

Price:$6.25M vs avg $3.90M (+$2,355,000)75%
Size:6,500 sqft vs avg 3,138 sqft89%
Price/sqft:$962 vs avg $1.3K15%

More Insights

Built in 2025 (1 years old).
Condition: This listing represents a 'shovel-ready opportunity' for a brand new, custom-built luxury estate with a projected completion year of 2025. The provided images are architectural renderings showcasing a modern, high-end design with seamless indoor-outdoor living, floor-to-ceiling glass, and premium materials. While the home is not yet constructed, the plans and description indicate that upon completion, it will feature all new components, state-of-the-art appliances, contemporary fixtures, and superior finishes in the kitchen, bathrooms, and throughout the entire 6,500 sqft property, meeting the highest quality standards for a newly built residence.
Year Built
2025
Close
-
List price
$6.25M
Original List price
$6.89M
Price/Sqft
$962
HOA
-
Days on market
-
Sold On
-
MLS number
25602991
Home ConditionExcellent
Features
Deck
Pool
Patio
View-

About this home

Perfectly situated on one of Brentwood's most coveted cul-de-sacs just off the prestigious Homewood Road, 12637 Homewood Way presents a truly shovel-ready opportunity to build a stunning 6,500-square-foot architectural estate featuring four bedrooms and five bathrooms. Set on an expansive 18,000-square-foot lot north of Sunset Boulevard, this prime property allows you to begin construction immediately saving valuable time and avoiding the lengthy two-year permitting process. Designed with elegant, modern lines and warm natural materials, the envisioned residence showcases seamless indoor-outdoor living, floor-to-ceiling glass walls, and inviting open spaces centered around a spectacular pool and outdoor entertaining area. Expansive grassy grounds and lush landscaping create a serene, private retreat in the heart of Brentwood's most exclusive enclave. Moments from Brentwood Village, fine dining, and scenic canyon trails, 12637 Homewood Way offers the ultimate combination of location, lifestyle, and opportunity within the highly sought-after Kenter Canyon School District!

J
Jimmy Heckenberg
Listing Agent

Nearby schools

5/10
Brentwood Science School
Public,K-51.4mi
9/10
Franklin Elementary School
Public,PK-51.9mi
5/10
Brockton Avenue Elementary School
Public,K-52.2mi
7/10
Nora Sterry Elementary School
Public,K-52.8mi
9/10
Warner Avenue Elementary School
Public,K-53.1mi
9/10
Fairburn Avenue Elementary School
Public,K-53.3mi
9/10
Roscomare Road Elementary School
Public,K-53.9mi
8/10
Lanai Road Elementary School
Public,K-55.6mi
8/10
Lincoln Middle School
Public,6-82.7mi
6/10
Gaspar De Portola Middle School
Public,6-87.5mi
5/10
William Mulholland Middle School
Public,6-88.5mi
6/10
University Senior High School
Public,9-122.2mi
6/10
University Senior High School Charter
Public,9-122.2mi
8/10
Santa Monica High School
Public,9-123.9mi
6/10
Van Nuys Senior High School
Public,9-128.6mi

Price History

Date
Event
Price
03/04/22
Sold
$4,526,000
Condition Rating
Excellent

This listing represents a 'shovel-ready opportunity' for a brand new, custom-built luxury estate with a projected completion year of 2025. The provided images are architectural renderings showcasing a modern, high-end design with seamless indoor-outdoor living, floor-to-ceiling glass, and premium materials. While the home is not yet constructed, the plans and description indicate that upon completion, it will feature all new components, state-of-the-art appliances, contemporary fixtures, and superior finishes in the kitchen, bathrooms, and throughout the entire 6,500 sqft property, meeting the highest quality standards for a newly built residence.
Pros & Cons

Pros

Great Schools: Elementary School: Fairburn Avenue Elementary School (9/10).
Prime Brentwood Location: Situated on one of Brentwood's most coveted cul-de-sacs, north of Sunset Boulevard, offering exclusivity and proximity to Brentwood Village, fine dining, and scenic canyon trails.
Shovel-Ready Development: A truly shovel-ready opportunity with approved plans, allowing immediate construction and bypassing the lengthy two-year permitting process, saving significant time and effort.
Expansive Private Lot: An generous 18,000-square-foot lot provides ample space for a large estate, expansive grassy grounds, and lush landscaping, ensuring a serene and private retreat.
Luxury Architectural Design: The envisioned 6,500 sqft estate features elegant, modern lines, seamless indoor-outdoor living, floor-to-ceiling glass walls, and a spectacular pool, promising a high-end lifestyle.
Desirable School District: Located within the highly sought-after Kenter Canyon School District, adding significant appeal for families.

Cons

Significant Additional Investment: The listed price covers the land and approved plans; the buyer must fund the entire multi-million dollar construction of the 6,500 sqft luxury home.
Construction Project Management: Despite being shovel-ready, the buyer will still be responsible for managing a large-scale construction project, including potential cost overruns, contractor selection, and oversight.
No Immediate Occupancy: This is a development opportunity, not a move-in ready home, requiring a substantial waiting period for construction completion before occupancy.
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