324 S Medio Drive, Los Angeles, California 90049, Los Angeles, 90049 - 5 bed, 6 bath

324 S Medio Drive, Los Angeles, California 90049 home-pic-0
ACTIVE$10,995,000$5,210/sqft
Est. Value: $9,785,097
-11%
AboveEstimate
324 S Medio Drive, Los Angeles, California 90049
5Beds
6Baths
5,210Sqft
9,969Lot

Price Vs. Estimate

The estimated value ($9,785,096.75) is $1,209,903.25 (11%) lower than the list price ($10,995,000). This property may be overpriced.

Key pros and cons

Top Pros:
Great Schools: Elementary School: Fairburn Avenue Elementary School (9/10).
Top Cons:
Absence of Views: Despite its luxury status and location, the property explicitly lacks any significant views, which can be a notable detractor for high-end buyers in the Los Angeles market.

Compared to the nearby listings

Price:$10.99M vs avg $3.90M (+$7,100,000)89%
Size:5,210 sqft vs avg 3,138 sqft81%
Price/sqft:$2.1K vs avg $1.3K94%

More Insights

Built in 2021 (5 years old).
Condition: This property, built in 2021, underwent a multi-million-dollar, year-long renovation by renowned designer Jeremiah Brent immediately after purchase, making it virtually new and extensively updated within the last 5 years. The description highlights 'exceptional craftsmanship and distinctive finishes,' 'stunning light fixtures from Apparatus and Trueing,' and 'gorgeous stonework' including Calacatta marble in the gourmet chef's kitchen. All systems are 'top-of-the-line,' including security, home theatre, and audio. The images confirm a modern, luxurious aesthetic with high-end materials, state-of-the-art kitchen appliances (implied by 'gourmet chef's kitchen' and visual evidence of integrated design), and pristine flooring. The overall condition, style, and features are of the highest quality, with no deferred maintenance.
Year Built
2021
Close
-
List price
$10.99M
Original List price
$10.99M
Price/Sqft
$2,110
HOA
-
Days on market
-
Sold On
-
MLS number
25510413
Home ConditionExcellent
Features
Pool
Spa
Patio
View-

About this home

After purchasing this newly constructed home in 2021, the owners engaged renowned designer Jeremiah Brent to transform and re-imagine property. The result of their multi-million-dollar, year-long collaboration is an extraordinary marriage of exceptional craftsmanship and distinctive finishes and was recently featured in Architectural Digest. Every element of this property is a work of art, yet the home's overall ambiance is warm, livable, and inviting. Stunning light fixtures from Apparatus and Trueing grace the entry, dining room and kitchen. Gorgeous stonework can be found throughout the house, including a show-stopping Macchia Vechia marble bar, hand-carved Bardiglio Nuvolato fireplace, and Calacatta marble counters and backsplash in the kitchen. The redesign of the backyard was done with as much care as the home's interiors, including the addition of limestone paths and patios, gorgeous outdoor kitchen with hardwood trellis cover, charming outdoor fireplace with antique plinth, and lounging areas around the pool and spa. All systems have been upgraded to the absolute top-of-the-line, from a state-of-the-art security system to the home theatre and audio systems (indoor and out). With five ensuite bedrooms, gourmet chef's kitchen, theatre, private resort-style backyard, and detached pool house/home gym, this property has something for everyone. Jeremiah Brent's furnishings and decor (including many curated vintage and antique pieces) are available for purchase for an additional price, making this a truly one-of-a-kind offering for the most discerning buyer.

H
Haya Handel
Listing Agent

Nearby schools

5/10
Brentwood Science School
Public,K-50.3mi
9/10
Franklin Elementary School
Public,PK-50.9mi
5/10
Brockton Avenue Elementary School
Public,K-51.1mi
7/10
Nora Sterry Elementary School
Public,K-51.9mi
9/10
Fairburn Avenue Elementary School
Public,K-52.8mi
9/10
Warner Avenue Elementary School
Public,K-52.9mi
9/10
Roscomare Road Elementary School
Public,K-54.7mi
8/10
Lanai Road Elementary School
Public,K-56.7mi
8/10
Lincoln Middle School
Public,6-81.7mi
6/10
Gaspar De Portola Middle School
Public,6-88.7mi
5/10
William Mulholland Middle School
Public,6-89.6mi
6/10
University Senior High School
Public,9-121.2mi
6/10
University Senior High School Charter
Public,9-121.2mi
8/10
Santa Monica High School
Public,9-122.9mi
6/10
Van Nuys Senior High School
Public,9-129.6mi

Price History

Date
Event
Price
02/20/98
Sold
$1,300,000
11/21/96
Sold
$1,000,000
04/20/95
Sold
$850,000
01/03/22
Sold
$8,250,000
02/28/20
Sold
$3,300,000
Condition Rating
Excellent

This property, built in 2021, underwent a multi-million-dollar, year-long renovation by renowned designer Jeremiah Brent immediately after purchase, making it virtually new and extensively updated within the last 5 years. The description highlights 'exceptional craftsmanship and distinctive finishes,' 'stunning light fixtures from Apparatus and Trueing,' and 'gorgeous stonework' including Calacatta marble in the gourmet chef's kitchen. All systems are 'top-of-the-line,' including security, home theatre, and audio. The images confirm a modern, luxurious aesthetic with high-end materials, state-of-the-art kitchen appliances (implied by 'gourmet chef's kitchen' and visual evidence of integrated design), and pristine flooring. The overall condition, style, and features are of the highest quality, with no deferred maintenance.
Pros & Cons

Pros

Great Schools: Elementary School: Fairburn Avenue Elementary School (9/10).
Designer Pedigree & Media Recognition: Recently renovated by renowned designer Jeremiah Brent, featured in Architectural Digest, ensuring exceptional craftsmanship and distinctive finishes.
Premium Materials & Fixtures: Adorned with stunning light fixtures from Apparatus and Trueing, and luxurious stonework including Macchia Vechia marble, Bardiglio Nuvolato, and Calacatta marble throughout.
Advanced Home Technology: Equipped with top-of-the-line upgraded systems, including a state-of-the-art security system, home theatre, and integrated indoor/outdoor audio.
Luxurious Outdoor Amenities: Features a meticulously redesigned resort-style backyard with limestone paths, an outdoor kitchen, fireplace, pool, spa, and ample lounging areas.
Comprehensive Lifestyle Features: Boasts five ensuite bedrooms, a gourmet chef's kitchen, a dedicated theatre, and a detached pool house/home gym, offering extensive living and entertainment options.

Cons

Absence of Views: Despite its luxury status and location, the property explicitly lacks any significant views, which can be a notable detractor for high-end buyers in the Los Angeles market.
Additional Cost for Furnishings: The curated designer furnishings and decor by Jeremiah Brent are not included in the list price and require an additional purchase, increasing the overall investment for a fully furnished home.
Pricing Above Market Estimate: The current list price is approximately 11% higher than the property's estimated value, potentially indicating an ambitious pricing strategy that may require justification to prospective buyers.
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