16351 Sloan Drive, Los Angeles, California 90049, Los Angeles, 90049 - 5 bed, 5 bath
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Los Angeles, California 90049
This Premier Development Opportunity is a Strong Value Opportunity, listed at $2,995,000—positioned well below the $3,230,022 Fair Market Value by 7%. This valuation gap provides $235,022 in Instant Equity for buyers ready to execute RTI plans for a 4,200 sq. ft. contemporary estate. Featuring a Condition Rating of 2 as a shovel-ready project, the site offers panoramic city and mountain views, a private pool, and access to the 9/10 rated Roscomare Road Elementary. This high-upside asset is perfectly suited for Luxury Developers or Visionary Owner-Builders seeking a custom masterpiece in Bel Air.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 16351 Sloan Drive Subject | $2,995,000* List Price | 5 | 5 | 3,840 | $841 | - |
A 16617 Park Lane Circle Active | $2,799,999 List Price | 5 | 4 | 3,386 | $827 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The listing presents a new development opportunity with RTI plans for a contemporary estate. Although the images are renderings, they depict an excellent condition featuring a high-end modern kitchen with professional-grade appliances, luxury bathrooms with marble-style finishes and designer fixtures, and a seamless open-concept layout with premium flooring and lighting.
Elementary School: Fairburn Avenue Elementary School (9/10).
The property includes RTI plans for a 4,200 sq. ft. contemporary estate, allowing a buyer to bypass the lengthy and complex permitting process typically required for Bel Air developments.
Situated in the prestigious Roscomare Road Elementary School District and near top-tier private institutions like Harvard-Westlake, this location offers exceptional long-term value for families.
As a development opportunity with renderings rather than a completed home, the property requires a significant additional investment of time and capital to realize the finished vision.
With a list price near $3 million and a monthly association fee of $1,080, the carrying costs during the construction phase represent a substantial financial commitment for an investor or builder.
Nestled in the prestigious Bel Air Sky Crest community, this extraordinary development opportunity presents a contemporary vision by the renowned Kami Rezai of Hi Tech Design. Boasting RTI plans for a magnificent 4,200 sq. ft. estate, this future masterpiece features 5 bedrooms, 5 bathrooms, and breathtaking panoramic city and mountain views. Designed for seamless indoor-outdoor living, the open-plan kitchen and living areas extend effortlessly to a private outdoor retreat, complete with a pool, spa, waterfall, fire pit, and barbecue area an entertainer's dream. The residence is set on an expansive lot, enhanced by approximately 3,500 sq. ft. of additional usable HOA land, offering both privacy and exclusivity.Positioned just south of the scenic Mulholland Corridor, this property provides easy access to the Westside and the Valley, while being located in the highly acclaimed Roscomare Road Elementary School District. A prime location for families, it is within close proximity to LA's top private schools, including Harvard-Westlake, Brentwood, Curtis, Buckley, and Mirman. Moments from Beverly Hills, Brentwood, and Bel Air, as well as cultural landmarks such as the Skirball Center and Getty Museum, this home offers the perfect balance of serenity and accessibility.Whether you're an investor, builder, or homeowner looking to create your dream estate, this is a rare opportunity to own a piece of architectural brilliance in one of Los Angeles' most coveted neighborhoods. This exclusive offering won't last long! Disclosure: Photos are renderings.
No exterior & parking available.
Grades K-5 • 1.3 mi
Grades K-5 • 1.6 mi
Grades K-5 • 5.2 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 4.0 | 62% |
| Baths | 5.0 | 4.0 | 59% |
| Square foot | 3,840 | 3,092.5 | 69% |
| Lot Size | 10,293 | 11,070.5 | 46% |
| Price | $3.00M | $3.84M | 30% |
| Price per sq ft | $780 | $1.3K | 10% |
| Built year | 2002 | 1955 | 88% |
| HOA | $1080.0 | $0 | 97% |
| Days on market | 30 | 197 | 1% |
Mar 23, 2026
$2,995,000
Initial Listing
Nov 1, 2013
$1,800,000
Public Record
Sep 17, 2001
$425,000
Public Record