2859 Coldwater Canyon Drive, Beverly Hills, California 90210, Beverly Hills, 90210 - 7 bed, 6 bath

2859 Coldwater Canyon Drive, Beverly Hills, California 90210 home-pic-0
ACTIVE$10,495,000
2859 Coldwater Canyon Drive, Beverly Hills, California 90210
7Beds
6Baths
Sqft
129,277Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Unparalleled Views & Privacy: Perched on a private 2.9-acre promontory, the estate offers expansive, panoramic views of city lights, canyons, mountains, and trees, ensuring ultimate seclusion.
Top Cons:
Significant Restoration Required: The property is presented as a 'chance to restore,' indicating it is not move-in ready and will require substantial investment and effort to complete the envisioned architectural restoration.

Compared to the nearby listings

Price:$10.49M vs avg $5.25M (+$5,245,000)71%
Size: sqft vs avg 3,925 sqft5%
Price/sqft:$0 vs avg $1.2K5%

More Insights

Built in 1959 (66 years old).
Condition: Built in 1959, this property is explicitly marketed as a 'chance to restore' a legendary architectural estate, with 'plans available upon request.' This indicates it requires substantial repairs and rehabilitation, rather than minor updates. The exterior images show a dated appearance, unkempt landscaping, a worn tennis court, and a boarded-up section, all consistent with a property needing significant work. The absence of interior photos, especially of the kitchen and bathrooms, strongly suggests these areas are in original or very outdated condition, requiring complete renovation. While the structure is deemed worthy of restoration, it is far from move-in ready and requires a major investment to bring it to modern living standards.
Year Built
1959
Close
-
List price
$10.49M
Original List price
$10.49M
Price/Sqft
$0
HOA
-
Days on market
-
Sold On
-
MLS number
25590647
Home ConditionPoor
Features
Excellent View: City Lights, Canyon, Mountain(s), Panoramic, Trees/Woods
Deck
Pool
ViewCity Lights,Canyon,Mountain(s),Panoramic,Trees/Woods

About this home

Perched atop a private 2.9-acre promontory with expansive views, this storied estate - once home to a Hollywood legend and originally designed by architect William S. Beckett - presents an incredible opportunity. With plans by Woods + Dangaran and Olson Kundig, this is a rare chance to restore one of Los Angeles' iconic architectural estates. A long, gated driveway winds through the property, revealing a multi-structure compound. The main house, reminiscent of Neutra and Lautner, boasts sweeping extended rooflines and walls of glass that frame panoramic views. The three-story creative studio/guest house offers a screening room, three guest bedrooms, a spa level with a gym, massage room, and sauna and expansive rooftop terraces that overlook the private tennis court. Beyond the estate, there is a private gate that lends access to the scenic trails of Franklin Canyon. This is your chance to restore this legendary pedigree property - plans available upon request.

Nearby schools

9/10
Wonderland Avenue Elementary School
Public,K-51.6mi
9/10
West Hollywood Elementary School
Public,K-52.6mi
9/10
Roscomare Road Elementary School
Public,K-53.4mi
9/10
Warner Avenue Elementary School
Public,K-54.1mi
6/10
Walter Reed Middle School
Public,6-82.3mi
8/10
Hawthorne Elementary School
Public,K-83.2mi
8/10
El Rodeo Elementary School
Public,K-84.0mi
2/10
Van Nuys Middle School
Public,6-84.1mi
3/10
Hubert Howe Bancroft Middle School
Public,6-84.6mi
8/10
North Hollywood Senior High School
Public,9-123.1mi
7/10
Fairfax Senior High School
Public,9-123.7mi
6/10
Ulysses S. Grant Senior High School
Public,9-123.8mi
9/10
Beverly Hills High School
Public,9-124.3mi
6/10
Van Nuys Senior High School
Public,9-125.4mi
6/10
University Senior High School
Public,9-126.3mi
6/10
University Senior High School Charter
Public,9-126.3mi

Price History

Date
Event
Price
04/18/24
Sold
$7,800,000
01/31/22
Sold
$11,200,000
01/15/16
Sold
$12,212,000
Condition Rating
Poor

Built in 1959, this property is explicitly marketed as a 'chance to restore' a legendary architectural estate, with 'plans available upon request.' This indicates it requires substantial repairs and rehabilitation, rather than minor updates. The exterior images show a dated appearance, unkempt landscaping, a worn tennis court, and a boarded-up section, all consistent with a property needing significant work. The absence of interior photos, especially of the kitchen and bathrooms, strongly suggests these areas are in original or very outdated condition, requiring complete renovation. While the structure is deemed worthy of restoration, it is far from move-in ready and requires a major investment to bring it to modern living standards.
Pros & Cons

Pros

Unparalleled Views & Privacy: Perched on a private 2.9-acre promontory, the estate offers expansive, panoramic views of city lights, canyons, mountains, and trees, ensuring ultimate seclusion.
Historic Architectural Pedigree: A storied estate, once home to a Hollywood legend and originally designed by architect William S. Beckett, providing significant historical and architectural value.
Renowned Architectural Plans Available: Comes with restoration plans by prestigious firms Woods + Dangaran and Olson Kundig, offering a clear vision for its future as an iconic architectural estate.
Extensive Luxury Compound Amenities: Features a multi-structure compound including a three-story guest house with a screening room, spa (gym, massage, sauna), rooftop terraces, and a private tennis court.
Direct Nature Access: Benefits from a private gated access point leading directly to the scenic trails of Franklin Canyon, offering unique recreational opportunities.

Cons

Significant Restoration Required: The property is presented as a 'chance to restore,' indicating it is not move-in ready and will require substantial investment and effort to complete the envisioned architectural restoration.
High Entry Price & Additional Investment: With a list price over $10 million, coupled with the necessity for extensive restoration, the total investment will be exceptionally high, narrowing the potential buyer pool.
Age of Original Structure: The 1959 build year, while historically significant, suggests potential for outdated infrastructure and systems that will need comprehensive upgrades during the restoration process.

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