1500 Gilcrest Drive, Beverly Hills, California 90210, Beverly Hills, 90210 - 5 bed, 9 bath
ACTIVE$34,995,000
1500 Gilcrest Drive, Beverly Hills, California 90210
5Beds
9Baths
11,000Sqft
34,021Lot
Price Vs. Estimate
The estimated value ($32,894,976.53) is $2,100,023.47 (6%) lower than the list price ($34,995,000). This property may be overpriced.
Key pros and cons
Top Pros:
Panoramic Views: The property boasts unobstructed head-on views spanning from downtown LA to the ocean, including explosive jetliner views from the spectacular primary suite, a highly coveted feature in this market.
Top Cons:
Significant Price Reduction: The property has undergone a substantial price reduction from its original list price of $39.5M to $34.995M, which may suggest an initial overvaluation or a challenging market for ultra-luxury properties.
Compared to the nearby listings
Price:$34.99M vs avg $5.25M (+$29,745,000)97%
Size:11,000 sqft vs avg 3,967 sqft92%
Price/sqft:$3.2K vs avg $1.2K99%
More Insights
Built in 2019 (6 years old).
Condition: This property was built in 2019, making it only 5 years old, which immediately qualifies it for an 'Excellent' rating based on age. The description highlights it as a 'masterful creation' and a 'world-class modern estate' with a 'meticulously crafted interior' and 'every conceivable amenity,' including a 'gourmet kitchen' and 'stunning dual baths.' Although specific images of the kitchen and bathrooms are not provided, the overall aesthetic from the available images (grand foyer, modern living spaces, luxurious bedroom, contemporary staircase with glass railings and designer lighting) strongly indicates top-tier, new construction quality. All visible elements, from flooring to light fixtures, appear new, high-end, and perfectly maintained, with no signs of wear or outdated features. The property meets current quality standards with no deferred maintenance and minimal physical depreciation.
Year Built
2019
Close
-
List price
$34.99M
Original List price
$39.5M
Price/Sqft
$3,181
HOA
-
Days on market
-
Sold On
-
MLS number
25545227
Home ConditionExcellent
Features
Excellent View: City Lights, Coastline, Ocean, Panoramic
Pool
Patio
ViewCity Lights,Coastline,Ocean,Panoramic
About this home
"The Promontory" The ultimate view estate in LA. Situated on 8/10ths of an acre with unobstructed head-on views spanning from downtown LA to the ocean. A masterful creation by renowned architectural designer, Tim Morrison. A world-class modern estate implementing classic Hollywood Regency details and a grand scale featuring every conceivable amenity. Meticulously crafted interior of approximately 11,000 sf showcasing unparalleled views, scale, and quality. Enter a spectacular 2-story foyer, grand dining room, formal living room, and a bar all flow effortlessly for entertaining. Spectacular primary suite with explosive jetliner views, large sitting room and stunning dual baths and closets. Additional features include a state-of-the-art movie theater/screening room, 4 bedrooms, gym, and gourmet kitchen. One of the few view estates that possess a gated entry and vast motor court with 4-car garage. The rear grounds offer spectacular formal gardens, rolling lawns, and a dramatic floating zero edge pool. Located on the end of an exclusive cul-de-sac just minutes from the best restaurants and shopping in the city. Shown to pre-qualified clients only.
Nearby schools
9/10
West Hollywood Elementary School
Public,•K-5•1.0mi
9/10
Wonderland Avenue Elementary School
Public,•K-5•1.7mi
9/10
Warner Avenue Elementary School
Public,•K-5•2.6mi
9/10
Roscomare Road Elementary School
Public,•K-5•3.8mi
8/10
Hawthorne Elementary School
Public,•K-8•1.4mi
8/10
El Rodeo Elementary School
Public,•K-8•2.2mi
3/10
Hubert Howe Bancroft Middle School
Public,•6-8•3.8mi
6/10
Walter Reed Middle School
Public,•6-8•3.9mi
2/10
Van Nuys Middle School
Public,•6-8•5.7mi
9/10
Beverly Hills High School
Public,•9-12•2.5mi
7/10
Fairfax Senior High School
Public,•9-12•2.5mi
8/10
North Hollywood Senior High School
Public,•9-12•4.8mi
6/10
University Senior High School Charter
Public,•9-12•5.0mi
6/10
University Senior High School
Public,•9-12•5.0mi
6/10
Ulysses S. Grant Senior High School
Public,•9-12•5.6mi
6/10
Van Nuys Senior High School
Public,•9-12•7.0mi
Price History
Date
Event
Price
01/09/20
Sold
$37,000,000
Condition Rating
Excellent
This property was built in 2019, making it only 5 years old, which immediately qualifies it for an 'Excellent' rating based on age. The description highlights it as a 'masterful creation' and a 'world-class modern estate' with a 'meticulously crafted interior' and 'every conceivable amenity,' including a 'gourmet kitchen' and 'stunning dual baths.' Although specific images of the kitchen and bathrooms are not provided, the overall aesthetic from the available images (grand foyer, modern living spaces, luxurious bedroom, contemporary staircase with glass railings and designer lighting) strongly indicates top-tier, new construction quality. All visible elements, from flooring to light fixtures, appear new, high-end, and perfectly maintained, with no signs of wear or outdated features. The property meets current quality standards with no deferred maintenance and minimal physical depreciation.
Pros & Cons
Pros
Panoramic Views: The property boasts unobstructed head-on views spanning from downtown LA to the ocean, including explosive jetliner views from the spectacular primary suite, a highly coveted feature in this market.
Architectural Pedigree & Design: A masterful creation by renowned architectural designer Tim Morrison, this world-class modern estate integrates classic Hollywood Regency details and a meticulously crafted interior, ensuring unique aesthetic appeal and quality.
Extensive Luxury Amenities: The estate offers every conceivable amenity, including a state-of-the-art movie theater/screening room, gym, gourmet kitchen, grand entertaining spaces, and a dramatic floating zero-edge pool.
Prime & Private Location: Located on the end of an exclusive cul-de-sac in Beverly Hills (90210), the property features a gated entry, vast motor court, and is just minutes from the city's best restaurants and shopping.
New Construction & Grand Scale: Built in 2019, this 11,000 sqft residence on nearly an acre (0.78 acres) offers modern construction standards, expansive living areas, and substantial grounds.
Cons
Significant Price Reduction: The property has undergone a substantial price reduction from its original list price of $39.5M to $34.995M, which may suggest an initial overvaluation or a challenging market for ultra-luxury properties.
Extremely Niche Market: The 'world-class' and 'grand scale' nature, coupled with the 'pre-qualified clients only' showing requirement, indicates a very limited buyer pool, potentially leading to extended market times.
High Ongoing Operating Costs: An 11,000 sqft estate on 0.78 acres with extensive luxury features like a zero-edge pool and formal gardens will inherently incur exceptionally high property taxes, maintenance, and utility expenses.