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1748 Correa Way, Los Angeles, California 90049, Los Angeles, 90049 - 6 bed, 9 bath

1748 Correa Way, Los Angeles, California 90049 home-pic-0

Price Vs. Estimate

The estimated value ($13,851,023.48) is $1,098,976.52 (7%) lower than the list price ($14,950,000). This property may be overpriced.

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 = 41102, living area = 7929.
Top Cons:
Unspecified Age/Renovation Timeline: While described as 'modern' and 'Paul Williams-inspired,' the property's exact year built or the date of its last major renovation is not provided, which could be a point of inquiry for buyers seeking brand-new construction or very recent updates.

Compared to the nearby listings

Price:$14.95M vs avg $3.90M (+$11,052,112.5)92%
Size:7,929 sqft vs avg 3,153 sqft92%
Price/sqft:$1.9K vs avg $1.3K88%

More Insights

Condition: This property is described as a 'modern, Paul Williams-inspired residence' with 'high ceilings, wide-plank wood flooring, and picture windows.' The kitchen is highlighted with 'custom European white oak cabinetry, marble countertops, and dual-sealed prep islands,' indicating high-end, contemporary finishes and appliances. Bathrooms feature 'luxurious primary suites with floating vanities, soaking tubs, and showroom-style dressing rooms,' all pointing to recent, top-tier renovations or new construction. While the exact build year isn't provided, the extensive use of modern, luxurious materials and design elements throughout the description, coupled with phrases like 'pinnacle of sophisticated living' and 'timeless design,' strongly suggests the property has been extensively renovated within the last 5 years or is a very recent build, meeting current quality standards with no deferred maintenance.
Year Built
Close
-
List price
$14.95M
Original List price
$16.5M
Price/Sqft
$1,885
HOA
-
Days on market
-
Sold On
-
MLS number
24424371
Home ConditionExcellent
Features
Good View: City Lights, Park/Greenbelt
Pool
Patio
ViewCity Lights,Park/Greenbelt

About this home

PRICE IMPROVEMENT. Reduced by $1M, priced well below replacement cost. Exceptional value, unmatched opportunity. Welcome to the pinnacle of sophisticated living in a home designed for both today and future generations. This private gated estate is situated on just under an acre in the heart of lower Mandeville Canyon, on a cul-de-sac with stunning tree and city vistas in the distance. Enter through the courtyard to find this modern, Paul Williams-inspired residence with high ceilings, wide-plank wood flooring, and picture windows letting in lots of light. Multiple French doors open to expansive lounge areas, ideal for the quintessential California indoor/outdoor lifestyle. The upper family quarters limestone-clad outdoor living room with fire pit and great vista views provides an exceptional space for entertaining. The enormous open-plan kitchen, perfect for culinary enthusiasts, features custom European white oak cabinetry, marble countertops, and dual-sealed prep islands, seamlessly connecting to the breakfast area with views of the lush grounds. Two luxurious primary suites, one on each level, offer ultimate tranquility with floating vanities, soaking tubs, and showroom-style dressing rooms. The sprawling, manicured grounds feature a saltwater pool, a Hollywood Regency pool cabana, comfortable lounge areas, and a vast lawn ideal for relaxation, entertaining, and family gatherings. A 13-car motor court, rose garden, and private courtyard provide ample space for both grand events and intimate moments. Rarely does a property like this come to market, checking every box for unparalleled luxury, safety, privacy, and timeless design. Located just minutes from award-winning schools, fine dining, and hiking trails, this gem of an estate offers the ultimate living experience in one of L.A.'s most coveted neighborhoods.

G
Gary Glass
Listing Agent

Nearby schools

5/10
Brentwood Science School
Public,•K-5•1.6mi
9/10
Franklin Elementary School
Public,•PK-5•1.9mi
5/10
Brockton Avenue Elementary School
Public,•K-5•2.4mi
7/10
Nora Sterry Elementary School
Public,•K-5•3.1mi
9/10
Warner Avenue Elementary School
Public,•K-5•3.6mi
9/10
Fairburn Avenue Elementary School
Public,•K-5•3.7mi
9/10
Roscomare Road Elementary School
Public,•K-5•4.1mi
8/10
Lanai Road Elementary School
Public,•K-5•5.7mi
8/10
Lincoln Middle School
Public,•6-8•2.6mi
6/10
Gaspar De Portola Middle School
Public,•6-8•7.5mi
5/10
William Mulholland Middle School
Public,•6-8•8.6mi
6/10
University Senior High School
Public,•9-12•2.4mi
6/10
University Senior High School Charter
Public,•9-12•2.4mi
8/10
Santa Monica High School
Public,•9-12•3.8mi
6/10
Van Nuys Senior High School
Public,•9-12•8.8mi

Price History

Date
Event
Price
03/31/00
Sold
$2,100,000
09/05/18
Sold
$5,700,000
09/14/09
Sold
$3,900,000
Condition Rating
Excellent
This property is described as a 'modern, Paul Williams-inspired residence' with 'high ceilings, wide-plank wood flooring, and picture windows.' The kitchen is highlighted with 'custom European white oak cabinetry, marble countertops, and dual-sealed prep islands,' indicating high-end, contemporary finishes and appliances. Bathrooms feature 'luxurious primary suites with floating vanities, soaking tubs, and showroom-style dressing rooms,' all pointing to recent, top-tier renovations or new construction. While the exact build year isn't provided, the extensive use of modern, luxurious materials and design elements throughout the description, coupled with phrases like 'pinnacle of sophisticated living' and 'timeless design,' strongly suggests the property has been extensively renovated within the last 5 years or is a very recent build, meeting current quality standards with no deferred maintenance.
Pros & Cons

Pros

Cons

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