2209 Banyan Drive, Los Angeles, California 90049, Los Angeles, 90049 - 5 bed, 5 bath

2209 Banyan Drive, Los Angeles, California 90049 home-pic-0
ACTIVE$6,995,000
2209 Banyan Drive, Los Angeles, California 90049
5Beds
5Baths
5,159Sqft
14,684Lot

Price Vs. Estimate

The estimated value ($5,956,113.72) is $1,038,886.28 (14%) lower than the list price ($6,995,000). This property may be overpriced.

Key pros and cons

Top Pros:
Great Schools: Elementary School: Fairburn Avenue Elementary School (9/10).
Top Cons:
Significant Overpricing: The current list price of $6.995M is substantially higher than the estimated market value of approximately $5.95M, indicating potential overpricing relative to current market conditions.

Compared to the nearby listings

Price:$7.00M vs avg $3.95M (+$3,045,000)77%
Size:5,159 sqft vs avg 3,353 sqft79%
Price/sqft:$1.4K vs avg $1.3K52%

More Insights

Built in 2000 (25 years old).
Condition: Despite being built in 2000, the listing explicitly states over $1M in recent high-end upgrades, meticulously designed, including a 'world-class chef's kitchen.' This indicates a comprehensive and recent renovation that brings the property to current luxury standards. The description of 'stunning' and 'pristine' condition, along with modern amenities like a private elevator and outdoor kitchen, suggests all components are virtually new and meet the highest quality standards with no deferred maintenance.
Year Built
2000
Close
-
List price
$7M
Original List price
$7M
Price/Sqft
$1,356
HOA
-
Days on market
-
Sold On
-
MLS number
25498457
Home ConditionExcellent
Features
Excellent View: City Lights, Canyon, Panoramic
Deck
Spa
Patio
ViewCity Lights,Canyon,Panoramic

About this home

Absolutely stunning and incredibly rare, this pristine 5-bedroom, 5-bathroom home offers nearly 5,200 sq. ft. of luxury living, nestled in a private, safe community with breathtaking canyon, mountain, and city views. A true sanctuary, this home provides a peaceful escape from the hustle of Los Angeles while remaining just moments away from the best restaurants, shopping, and top schools. With $1M+ in high-end upgrades, every detail has been meticulously designed from the private elevator for seamless access to the world-class chef's kitchen. The backyard is an entertainer's dream, featuring a bar, outdoor kitchen, and jacuzzi, perfect for hosting or relaxing weekends. The 3-car garage with a Tesla charger and additional carport offers ample parking and storage. Just steps from the Westridge Trailhead, this home is ideal for those who love hiking, biking, and the outdoor lifestyle. Broker and Agents do not represent or guarantee the accuracy of the size/sqft of the home, bedroom or bathroom count, lot size / dimensions, permitted or un-permitted spaces or features of the property. Buyer is advised to independently verify and satisfy themselves regarding the accuracy of all information and features of the property through their own professional inspections prior to removal of Buyer contingencies or close of escrow.

Nearby schools

5/10
Brentwood Science School
Public,K-52.4mi
9/10
Franklin Elementary School
Public,PK-52.7mi
5/10
Brockton Avenue Elementary School
Public,K-53.2mi
9/10
Roscomare Road Elementary School
Public,K-53.8mi
7/10
Nora Sterry Elementary School
Public,K-53.9mi
9/10
Warner Avenue Elementary School
Public,K-54.0mi
9/10
Fairburn Avenue Elementary School
Public,K-54.3mi
8/10
Lanai Road Elementary School
Public,K-55.0mi
8/10
Lincoln Middle School
Public,6-83.4mi
6/10
Gaspar De Portola Middle School
Public,6-86.6mi
5/10
William Mulholland Middle School
Public,6-87.9mi
6/10
University Senior High School
Public,9-123.2mi
6/10
University Senior High School Charter
Public,9-123.2mi
8/10
Santa Monica High School
Public,9-124.6mi
6/10
Van Nuys Senior High School
Public,9-128.3mi

Price History

Date
Event
Price
11/17/97
Sold
$125,000
03/25/22
Sold
$3,750,000
01/28/16
Sold
$2,538,500
09/18/14
Sold
$2,185,000
11/28/12
Sold
$1,999,000
Condition Rating
Excellent

Despite being built in 2000, the listing explicitly states over $1M in recent high-end upgrades, meticulously designed, including a 'world-class chef's kitchen.' This indicates a comprehensive and recent renovation that brings the property to current luxury standards. The description of 'stunning' and 'pristine' condition, along with modern amenities like a private elevator and outdoor kitchen, suggests all components are virtually new and meet the highest quality standards with no deferred maintenance.
Pros & Cons

Pros

Great Schools: Elementary School: Fairburn Avenue Elementary School (9/10).
Panoramic Views: The property boasts breathtaking canyon, mountain, and city views, offering a highly desirable aesthetic and enhancing its market appeal.
Extensive Luxury Upgrades: With over $1M in high-end, meticulously designed upgrades, including a world-class chef's kitchen and a private elevator, the home offers premium finishes and modern conveniences.
Exclusive & Serene Location: Nestled in a private, safe community, it provides a peaceful sanctuary from city life while maintaining close proximity to top restaurants, shopping, and schools.
Premier Outdoor Entertainment: The backyard is an entertainer's dream, featuring a bar, outdoor kitchen, and jacuzzi, perfect for hosting and relaxation.
Direct Access to Nature: Located just steps from the Westridge Trailhead, it offers immediate access to hiking and biking, appealing to an active outdoor lifestyle.

Cons

Significant Overpricing: The current list price of $6.995M is substantially higher than the estimated market value of approximately $5.95M, indicating potential overpricing relative to current market conditions.
Variable School Ratings: While elementary and middle schools in the area are highly rated, the closest high schools have moderate ratings, which could be a concern for families prioritizing top-tier secondary education.
Multi-Level Layout Implied: The inclusion of a private elevator suggests a multi-level home, which, despite the convenience, might not appeal to all buyers seeking single-story living or could present accessibility challenges if the elevator were to malfunction.

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