1500 Gilcrest Drive, Beverly Hills, California 90210, Beverly Hills, 90210 - 5 bed, 9 bath
1500 Gilcrest Drive
Beverly Hills, California 90210
Property Price
SUMMARY
Analysis of 1500 Gilcrest Drive, Beverly Hills, California 90210 reveals a property with a current list price of $34,995,000, which is 6% above the estimated $32,894,976 Fair Market Value. Buyers should carefully evaluate the pricing and consider negotiation opportunities. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. Located in a high-demand neighborhood within the Beverly Hills Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Estimated Market Value
Condition Analysis
OVERALL CONDITION SCORE
Property is new construction or fully renovated.
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elements, from flooring to light fixtures, appear new, high-end, and perfectly maintained, with no signs of wear or outdated features.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.
PROSSTRENGTHS & OPPORTUNITIES
- 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.
CONSRISKS & DEFICIENCIES
- 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.
About 1500 Gilcrest Drive
"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.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 2019
- Lot Size
- 34,021 Sq. Ft.
Interior
- Total Bedrooms
- 5
- Total Bathrooms
- 9 (9 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Beverly Hills Unified Schools
West Hollywood Elementary School
Grades K-5 • 1.0 mi
Wonderland Avenue Elementary School
Grades K-5 • 1.7 mi
Warner Avenue Elementary School
Grades K-5 • 2.6 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 5.0 | 50% |
| Baths | 9.0 | 5.0 | 86% |
| Square foot | 11,000 | 3,730 | 93% |
| Lot Size | 34,021 | 17,757 | 85% |
| Price | $34.99M | $5.25M | 98% |
| Price per sq ft | $3.2K | $1.2K | 98% |
| Built year | 2019 | 1960 | 95% |
| HOA | $0 | $0 | 50% |
| Days on market | 281 | 210 | 79% |
Pricing History
Listed for Sale
Sep 23, 2025
$34,995,000
$39,500,000
-11% Price Drop
Initial Listing
Price Change
May 29, 2025
$39,500,000
Initial Listing
Sold
Jan 9, 2020
$37,000,000
Public Record