1380 Summitridge Place, Beverly Hills, California 90210, Beverly Hills, 90210 - 4 bed, 5 bath
ACTIVE$6,470,000
1380 Summitridge Place, Beverly Hills, California 90210
4Beds
5Baths
4,800Sqft
8,174Lot
Price Vs. Estimate
The estimated value ($6,239,560.27) is $230,439.73 (3%) lower than the list price ($6,470,000). This property may be overpriced.
Key pros and cons
Top Pros:
Great Schools: Elementary School: Warner Avenue Elementary School (9/10). High School: Beverly Hills High School (9/10).
Top Cons:
Overpriced Relative to Market Estimation: The current listing price of $6.47 million is 11% higher than the estimated property value of $5.72 million, which could deter potential buyers and prolong market time.
Compared to the nearby listings
Price:$6.47M vs avg $5.25M (+$1,220,000)56%
Size:4,800 sqft vs avg 3,967 sqft60%
Price/sqft:$1.3K vs avg $1.2K57%
More Insights
Built in 1979 (46 years old).
Condition: Despite being built in 1979, the MLS description explicitly states the property is 'NEWLY REMODELED' and 'Recently remodeled,' which is strongly supported by the provided images. The kitchen features modern light grey/blue cabinetry, contemporary lighting, and appears to be equipped with high-end appliances (implied by the overall luxury). The dining area boasts custom built-ins and a sleek chandelier. Flooring consists of large format light-colored tiles and rich hardwood, both in pristine condition. The property includes luxury features like a wooden elevator, a wet bar with modern finishes, and an outdoor kitchen with stainless steel appliances. The presence of a solar system and Tesla charger indicates updated and modern infrastructure. All visible components appear new or virtually new, reflecting a comprehensive and high-quality renovation that meets current standards.
Year Built
1979
Close
-
List price
$6.47M
Original List price
$6.87M
Price/Sqft
$1,348
HOA
-
Days on market
-
Sold On
-
MLS number
25559887
Home ConditionExcellent
Features
Excellent View: City Lights, Coastline, Canyon
Deck
Pool
Patio
ViewCity Lights,Coastline,Canyon
About this home
NEWLY REMODELED, THREE-STOREY, 4,800 SQ FT HOME WITH SPECTACULAR DOWNTOWN TO OCEAN VIEWS! A home of casual elegance. Designed for entertaining, but with quiet privacy on each level and views from every room. The residence includes ~ 2 Primary Bedroom Suites ~ 2 Additional Bedrooms ~ 2 Living Rooms ~ Exercise Room ~ 2 Offices ~ Sound Studio for Recording or Podcasting ~ Pool ~ Home Theater System ~ Multiple Heated Decks for Viewing the City ~ Fire Pit and Fountain Entertainment Area ~ Outdoor Barbecue and Entertainment Area ~ Elevator ~ Solar System ~ Garage Tesla Charger ~ AND ONLY 5 MINUTES NORTH OF SUNSET BLVD
Nearby schools
9/10
West Hollywood Elementary School
Public,•K-5•1.9mi
9/10
Warner Avenue Elementary School
Public,•K-5•1.9mi
9/10
Wonderland Avenue Elementary School
Public,•K-5•2.7mi
9/10
Roscomare Road Elementary School
Public,•K-5•3.0mi
8/10
Hawthorne Elementary School
Public,•K-8•1.5mi
8/10
El Rodeo Elementary School
Public,•K-8•1.9mi
6/10
Walter Reed Middle School
Public,•6-8•4.4mi
3/10
Hubert Howe Bancroft Middle School
Public,•6-8•4.8mi
2/10
Van Nuys Middle School
Public,•6-8•5.4mi
9/10
Beverly Hills High School
Public,•9-12•2.3mi
7/10
Fairfax Senior High School
Public,•9-12•3.5mi
6/10
University Senior High School
Public,•9-12•4.1mi
6/10
University Senior High School Charter
Public,•9-12•4.1mi
8/10
North Hollywood Senior High School
Public,•9-12•5.2mi
6/10
Ulysses S. Grant Senior High School
Public,•9-12•5.7mi
6/10
Van Nuys Senior High School
Public,•9-12•6.8mi
Price History
Date
Event
Price
07/12/01
Sold
$1,050,000
12/17/21
Sold
$4,775,000
12/21/10
Sold
$1,505,015
Condition Rating
Excellent
Despite being built in 1979, the MLS description explicitly states the property is 'NEWLY REMODELED' and 'Recently remodeled,' which is strongly supported by the provided images. The kitchen features modern light grey/blue cabinetry, contemporary lighting, and appears to be equipped with high-end appliances (implied by the overall luxury). The dining area boasts custom built-ins and a sleek chandelier. Flooring consists of large format light-colored tiles and rich hardwood, both in pristine condition. The property includes luxury features like a wooden elevator, a wet bar with modern finishes, and an outdoor kitchen with stainless steel appliances. The presence of a solar system and Tesla charger indicates updated and modern infrastructure. All visible components appear new or virtually new, reflecting a comprehensive and high-quality renovation that meets current standards.
Pros & Cons
Pros
Great Schools: Elementary School: Warner Avenue Elementary School (9/10). High School: Beverly Hills High School (9/10).
Prime Location & Panoramic Views: Situated in the prestigious Beverly Hills 90210, the property boasts spectacular downtown to ocean views from every room, encompassing city lights, coastline, and canyon vistas, just 5 minutes north of Sunset Blvd.
Extensive Luxury Amenities: The home is equipped with a private pool, home theater system, sound studio, elevator, solar system, Tesla charger, exercise room, and two dedicated offices, catering to a comprehensive luxury lifestyle.
Newly Remodeled Interiors: Recently remodeled, the property offers a contemporary aesthetic and updated functionality, providing a move-in ready experience with 'casual elegance'.
Designed for Entertaining & Privacy: Featuring multiple heated decks, a fire pit, and an outdoor barbecue area, the residence is ideal for entertaining, while its three-story design ensures quiet privacy on each level.
Generous & Versatile Living Space: With 4,800 sq ft, 4 bedrooms, 5 baths, and two primary suites, the property offers ample space and a flexible floor plan, including two living rooms, suitable for diverse needs.
Cons
Overpriced Relative to Market Estimation: The current listing price of $6.47 million is 11% higher than the estimated property value of $5.72 million, which could deter potential buyers and prolong market time.
Modest Lot Size for Luxury Segment: The 8,174 sq ft lot is relatively small for a high-end Beverly Hills property of this caliber and price point, potentially limiting outdoor expansion or perceived value for some luxury buyers.
History of Price Reductions: Multiple price drops from an original $6.87 million to the current $6.47 million suggest challenges in attracting buyers at previous price points, potentially indicating an initial overvaluation or extended market presence.