1648 Summitridge Drive, Beverly Hills, California 90210, Beverly Hills, 90210 - 5 bed, 6 bath

1648 Summitridge Drive, Beverly Hills, California 90210 home-pic-0
ACTIVE$4,995,000$5,404/sqft
Est. Value: $5,095,404
2%
FairlyEstimate
1648 Summitridge Drive, Beverly Hills, California 90210
5Beds
6Baths
5,404Sqft
53,966Lot

Price Vs. Estimate

The estimated value mostly matches the list price at $4,995,000.

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 = 53966, living area = 5404.
Top Cons:
Age of Original Construction: Built in 1940, despite being newly reimagined, the underlying structure is over 80 years old, which may imply potential for unforeseen maintenance or system updates.

Compared to the nearby listings

Price:$5.00M vs avg $5.25M ($-255,000)47%
Size:5,404 sqft vs avg 3,834 sqft69%
Price/sqft:$924 vs avg $1.2K24%

More Insights

Built in 1940 (86 years old).
Condition: Despite being built in 1940, the property has been 'newly reimagined' into a modern estate. The images showcase a fully renovated interior with high-end, contemporary finishes, including a state-of-the-art kitchen with new stainless steel appliances, sleek cabinetry, and quartz countertops. Bathrooms feature modern vanities, fixtures, and tiling. New hardwood flooring is present throughout, and all visible components appear virtually new, meeting current quality standards with no signs of deferred maintenance.
Year Built
1940
Close
-
List price
$5M
Original List price
$5M
Price/Sqft
$924
HOA
-
Days on market
-
Sold On
-
MLS number
26633167
Home ConditionExcellent
Features
Excellent View: City Lights, Coastline, Hills, Mountain(s), Panoramic, Trees/Woods
ViewCity Lights,Coastline,Hills,Mountain(s),Panoramic,Trees/Woods

About this home

Perched within a coveted Beverly Hills enclave, this newly reimagined modern estate spans approximately 1.24 gated hillside acres, offering exceptional privacy and sweeping jetliner views from the Pacific Ocean to the Downtown skyline. A long private drive and motor court create a striking arrival amid curated landscaping. Designed for seamless indoor-outdoor living, the home offers over 5,400 sq ft of living space, with walls of glass opening nearly every room to panoramic vistas and expansive terraces. A fully self-contained one-bedroom guest residence above the three-car garage includes its own kitchen, bath, and private terrace.Strong value-add potential is highlighted by approved, ready-to-issue infinity pool plans, allowing construction to begin immediately. Seller financing available. Offered for lease at $29,995 per month, with short-term opportunities upon request.

B
Brandon Piller
Listing Agent

Nearby schools

9/10
West Hollywood Elementary School
Public,K-52.0mi
9/10
Warner Avenue Elementary School
Public,K-52.3mi
9/10
Wonderland Avenue Elementary School
Public,K-52.4mi
9/10
Roscomare Road Elementary School
Public,K-52.9mi
8/10
Hawthorne Elementary School
Public,K-81.9mi
8/10
El Rodeo Elementary School
Public,K-82.4mi
6/10
Walter Reed Middle School
Public,6-84.0mi
3/10
Hubert Howe Bancroft Middle School
Public,6-84.8mi
2/10
Van Nuys Middle School
Public,6-85.0mi
9/10
Beverly Hills High School
Public,9-122.7mi
7/10
Fairfax Senior High School
Public,9-123.5mi
6/10
University Senior High School
Public,9-124.5mi
6/10
University Senior High School Charter
Public,9-124.5mi
8/10
North Hollywood Senior High School
Public,9-124.8mi
6/10
Ulysses S. Grant Senior High School
Public,9-125.3mi
6/10
Van Nuys Senior High School
Public,9-126.4mi

Price History

Date
Event
Price
02/01/23
Sold
$3,080,000
10/22/20
Sold
$2,700,000
09/25/18
Sold
$5,000,000
10/06/14
Sold
$2,000,000
Condition Rating
Excellent

Despite being built in 1940, the property has been 'newly reimagined' into a modern estate. The images showcase a fully renovated interior with high-end, contemporary finishes, including a state-of-the-art kitchen with new stainless steel appliances, sleek cabinetry, and quartz countertops. Bathrooms feature modern vanities, fixtures, and tiling. New hardwood flooring is present throughout, and all visible components appear virtually new, meeting current quality standards with no signs of deferred maintenance.
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 = 53966, living area = 5404.
Great Schools: Elementary School: Warner Avenue Elementary School (9/10). High School: Beverly Hills High School (9/10).
Prime Beverly Hills Location & Iconic Zip Code: Situated in a coveted Beverly Hills enclave with the prestigious 90210 zip code, offering an unparalleled address and desirability.
Exceptional Panoramic Views: Boasts sweeping jetliner views extending from the Pacific Ocean to the Downtown skyline, encompassing city lights, coastline, hills, and mountains.
Expansive & Private Gated Estate: Spans approximately 1.24 gated hillside acres, providing exceptional privacy, a long private drive, and a motor court.
Modern Design & Seamless Indoor-Outdoor Living: A newly reimagined modern estate designed for seamless indoor-outdoor living, featuring walls of glass that open to panoramic vistas and expansive terraces.
Income Potential & Value-Add Opportunity: Includes a fully self-contained one-bedroom guest residence and offers strong value-add potential with approved, ready-to-issue infinity pool plans, plus seller financing availability.

Cons

Age of Original Construction: Built in 1940, despite being newly reimagined, the underlying structure is over 80 years old, which may imply potential for unforeseen maintenance or system updates.
Immediate Capital Outlay for Pool: While pool plans are approved, the buyer will incur significant immediate costs and manage the construction project to realize the full potential of an infinity pool.
High Ongoing Maintenance: A large 1.24-acre hillside property with curated landscaping and extensive modern features typically demands substantial ongoing maintenance time and expense.
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