16401 Mulholland Drive, Los Angeles, California 90049, Los Angeles, 90049 - 6 bed, 11 bath

16401 Mulholland Drive, Los Angeles, California 90049 home-pic-0
ACTIVE$18,495,000$12,500/sqft
16401 Mulholland Drive, Los Angeles, California 90049
6Beds
11Baths
12,500Sqft
151,329Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 151329, living area = 12500.
Top Cons:
Significant Price Discrepancy: The current list price of $18.495M represents a substantial increase from the last recorded sale price of $6.48M in April 2024, which may require robust justification of improvements and market value to potential buyers.

Compared to the nearby listings

Price:$18.50M vs avg $3.90M (+$14,600,000)95%
Size:12,500 sqft vs avg 3,138 sqft98%
Price/sqft:$1.5K vs avg $1.3K66%

More Insights

Built in 1980 (46 years old).
Condition: Despite being built in 1980, the property has clearly undergone an extensive, high-end renovation very recently, likely within the last year, as indicated by the significant price increase since its April 2024 sale. The images showcase a fully modernized interior with a state-of-the-art kitchen featuring integrated, high-end appliances, custom light wood cabinetry, luxurious stone countertops with waterfall edges, and modern fixtures. The bathrooms are equally contemporary with sleek designs, modern vanities, and stylish lighting. All visible components, including light wood flooring, modern light fixtures, and overall finishes, appear new or virtually new, meeting current luxury standards with no deferred maintenance. The property is move-in ready and exemplifies current quality standards.
Year Built
1980
Close
-
List price
$18.5M
Original List price
$20M
Price/Sqft
$1,480
HOA
-
Days on market
-
Sold On
-
MLS number
25573875
Home ConditionExcellent
Features
Excellent View: City Lights, Panoramic, Valley
Pool
Patio
ViewCity Lights,Panoramic,Valley

About this home

Welcome to 16401 Mulholland. A private resort in the sky. Some estates are homes. A rare few are entire worlds of their own. Behind a gated, guard-secured entrance, on 3.46 pristine acres overlooking the entire city, lies 16401 Mulholland, a 12,500 sq. ft. ultra-private compound where every amenity imaginable creates a lifestyle without compromise. Wake up to sweeping canyon-to-ocean views, take your morning swing on your private 110-yard par-3 golf hole with 8 tee boxes, a golf shack, and a cliffside green with 100-ft drops, then stroll through your 200-vine vineyard to sample your estate-grown wine - over 30 cases produced annually. Host a sunset tennis match on your North/South championship court, then move inside to the private movie theater or upstairs entertainment lounge with golf simulator. Your dedicated staff wing and kitchen keep the experience seamless, whether it's intimate evenings or grand-scale events. With RTI plans for a 1,200 sq. ft. ADU, there's room for guests, creative space, or a private wellness retreat. This is not just a home, it's a private resort. A legacy property where every day feels like a getaway, and opportunities like this don't wait.16401 Mulholland By Appointment Only.

C
Craig Knizek
Listing Agent

Price History

Date
Event
Price
04/03/24
Sold
$6,480,000
Condition Rating
Excellent

Despite being built in 1980, the property has clearly undergone an extensive, high-end renovation very recently, likely within the last year, as indicated by the significant price increase since its April 2024 sale. The images showcase a fully modernized interior with a state-of-the-art kitchen featuring integrated, high-end appliances, custom light wood cabinetry, luxurious stone countertops with waterfall edges, and modern fixtures. The bathrooms are equally contemporary with sleek designs, modern vanities, and stylish lighting. All visible components, including light wood flooring, modern light fixtures, and overall finishes, appear new or virtually new, meeting current luxury standards with no deferred maintenance. The property is move-in ready and exemplifies current quality standards.
Pros & Cons

Pros

High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 151329, living area = 12500.
Unparalleled Amenities & Lifestyle: This ultra-private compound offers an extraordinary array of bespoke amenities, including a private 110-yard par-3 golf hole, a 200-vine vineyard producing estate-grown wine, a championship tennis court, a private movie theater, and a golf simulator, creating a true resort-like living experience.
Exceptional Privacy & Security: Situated behind a gated, guard-secured entrance on 3.46 pristine acres, the property ensures ultimate privacy and security, appealing to high-net-worth individuals seeking an exclusive retreat.
Prestigious Location & Views: Located on the iconic Mulholland Drive in Los Angeles' desirable Brentwood area, the estate boasts sweeping panoramic canyon-to-ocean and city lights views, a highly coveted feature in this market.
Expansive Estate Size: With a sprawling 12,500 sq. ft. main residence and a vast 3.46-acre lot, the property offers immense space for grand-scale entertaining, luxurious living, and extensive outdoor activities.
Development Potential: The inclusion of RTI (Ready To Issue) plans for a 1,200 sq. ft. ADU provides immediate value-add and flexibility for future owners, allowing for guest accommodations, creative space, or a private wellness retreat.

Cons

Significant Price Discrepancy: The current list price of $18.495M represents a substantial increase from the last recorded sale price of $6.48M in April 2024, which may require robust justification of improvements and market value to potential buyers.
High Operational Overhead: An estate of this magnitude and with such extensive, specialized amenities will incur exceptionally high ongoing maintenance, utility, and potential staffing costs, limiting the pool of financially capable buyers.
Niche Market Appeal: The highly customized and ultra-luxury 'private resort' nature of the property caters to a very specific and exclusive demographic, which could potentially lead to a longer marketing period compared to more broadly appealing luxury homes.
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