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$9,975,000$5,210/sqft
Est. Value: $9,555,921
-4%
AboveEstimate
324 S Medio Drive, Los Angeles, California 90049
5Beds
6Baths
5,210Sqft
9,969Lot

Price Vs. Estimate

The estimated value ($9,555,920.84) is $419,079.16 (4%) lower than the list price ($9,975,000). This property may be overpriced.

Key pros and cons

Top Pros:
Designer Renovation & Exquisite Finishes: Recently transformed by renowned designer Jeremiah Brent in a multi-million dollar, year-long project, this home boasts exceptional craftsmanship, distinctive finishes, and luxurious materials like Macchia Vechia and Calacatta marble, as featured in Architectural Digest.
Top Cons:
Lack of Views: Despite its luxury status and location, the property explicitly states 'view: None,' which can be a significant detractor for discerning buyers in the Los Angeles luxury market where views often command a premium.

Compared to the nearby listings

Price:$9.97M vs avg $3.90M (+$6,080,000)86%
Size:5,210 sqft vs avg 3,138 sqft81%
Price/sqft:$1.9K vs avg $1.3K89%

More Insights

Built in 2021 (5 years old).
Condition: This property was newly constructed in 2021 and immediately underwent a multi-million-dollar, year-long transformation by renowned designer Jeremiah Brent, as featured in Architectural Digest. Every element, from the gourmet chef's kitchen with Calacatta marble to the five ensuite bathrooms with high-end finishes and designer fixtures, is virtually new and of the highest quality. All systems are top-of-the-line, and the property exhibits exceptional craftsmanship with no deferred maintenance, perfectly aligning with the 'Excellent' condition criteria.
Year Built
2021
Close
-
List price
$9.97M
Original List price
$10.49M
Price/Sqft
$1,915
HOA
-
Days on market
-
Sold On
-
MLS number
25560191
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 was newly constructed in 2021 and immediately underwent a multi-million-dollar, year-long transformation by renowned designer Jeremiah Brent, as featured in Architectural Digest. Every element, from the gourmet chef's kitchen with Calacatta marble to the five ensuite bathrooms with high-end finishes and designer fixtures, is virtually new and of the highest quality. All systems are top-of-the-line, and the property exhibits exceptional craftsmanship with no deferred maintenance, perfectly aligning with the 'Excellent' condition criteria.
Pros & Cons

Pros

Designer Renovation & Exquisite Finishes: Recently transformed by renowned designer Jeremiah Brent in a multi-million dollar, year-long project, this home boasts exceptional craftsmanship, distinctive finishes, and luxurious materials like Macchia Vechia and Calacatta marble, as featured in Architectural Digest.
State-of-the-Art Systems & New Construction: Built in 2021, the property features all systems upgraded to top-of-the-line, including advanced security, a dedicated home theatre, and integrated indoor/outdoor audio systems, ensuring modern comfort and technology.
Comprehensive Luxury Amenities: The residence offers a full suite of high-end amenities, including a gourmet chef's kitchen, five ensuite bedrooms, a private resort-style backyard with pool/spa, an outdoor kitchen, and a detached pool house/home gym.
Prime Brentwood Location: Situated in the highly desirable Brentwood area of Los Angeles (MLS Area C06), the property benefits from a prestigious address known for upscale living and proximity to top-rated schools.
Turnkey Designer Living Opportunity: The unique option to purchase Jeremiah Brent's curated furnishings and decor provides a rare opportunity for a truly turnkey, designer-ready luxury living experience.

Cons

Lack of Views: Despite its luxury status and location, the property explicitly states 'view: None,' which can be a significant detractor for discerning buyers in the Los Angeles luxury market where views often command a premium.
Above Algorithmic Valuation: The current listing price of $9.975M is higher than the property's algorithmic estimation value of $9.555M, potentially indicating it is priced above automated market assessments.
Recent Price Adjustment: The property has undergone a recent price reduction from its original list price of $10.495M to $9.975M, which could suggest initial overpricing or a need to stimulate buyer interest.
Browse Properties by State Browse housing market trends by state