
Los Angeles, California 90068
This Stunning New-Construction Contemporary is a Strong Value Opportunity, listed at $4,495,000—positioned well below the $4,831,188 Fair Market Value by 6%. This valuation gap offers $336,188 in Instant Equity for the buyer. Featuring a Condition Rating of 2, this home includes a heated saltwater pool, premium Miele appliances, and panoramic reservoir views. While the middle school rating is lower, the proximity to top-rated elementary schools adds stability. This is an ideal acquisition for luxury owner-occupants or discerning investors seeking a turnkey, high-end hillside retreat.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3499 Wonder View Drive Subject 5 bd · 6 ba · 4,729 sqft · $951 | $3,995,000* List Price | 5 | 6 | 4,729 | $951 | - |
A 3396 Tareco Drive Active 3 bd · 4 ba · 3,206 sqft · $873 · 0.3 mi | $2,799,000 List Price | 3 | 4 | 3,206 | $873 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Brand new 2026 contemporary construction in mint condition. Features a high-end modern kitchen with premium Miele appliances, luxurious spa-like bathrooms, and state-of-the-art systems including solar panels with Tesla inverters.
As a 2026 contemporary build, the residence features high-end Miele appliances, solar panels with Tesla inverters, and sophisticated smart-home integration throughout its 4,729 square feet.
The property offers breathtaking, unobstructed views of Lake Hollywood, the Hollywood Reservoir, and the Los Angeles city lights, maximized by six private balconies and an expansive rooftop deck.
Situated in a coveted hillside enclave, the home provides a private resort-like lifestyle with a heated saltwater pool and immediate access to Griffith Park and scenic hiking trails.
With a large building footprint on a 6,797-square-foot hillside lot, the property emphasizes vertical living and decks over flat, usable lawn or garden space.
While the local elementary school is highly rated, the assigned middle school has a significantly lower rating of 3, which may be a concern for families prioritizing public education.
Perched in the coveted hills of Lake Hollywood, 3499 Wonder View Drive is an exceptional, new-construction, contemporary residence offering approximately 4,729 square feet of refined living space, spectacular panoramic views, and an indoor/outdoor lifestyle. Designed around its extraordinary setting, the home captures sweeping views of Lake Hollywood and the Hollywood Reservoir, surrounding hills and mountains, and sparkling Los Angeles city lights.The main level welcomes with soaring 10-foot ceilings, high-end flooring and finishes, large kitchen and entertaining area designed for both everyday living and sophisticated gatherings. The premium Miele appliance package, integrated whole-home speaker system, and seamless connection to multiple outdoor spaces create an elevated yet inviting atmosphere. Six private balconies throughout the residence showcase the remarkable views, complemented by an approximately 435-square-foot deck and expansive rooftop deck above the garage.The upper level features three en-suite bedrooms, including a luxurious primary suite with a spa-like bathroom and private balcony overlooking the surrounding landscape. A dedicated laundry room adds convenience to this thoughtfully designed level, while additional bedrooms offer comfortable accommodations.The lower level provides exceptional flexibility with a spacious game and entertainment room, additional bedroom, and full bathroom; ideal for guests, media, recreation, or extended living. The home's outdoor amenities continue with a heated saltwater pool, creating a private resort-like retreat.An attached two-car garage, multiple indoor/outdoor entertaining areas, and solar panels with Tesla Inverters complete this exceptional property. Ideally located moments from the Hollywood Reservoir, Griffith Park, and scenic hiking and walking trails, this private hillside residence offers a rare combination of breathtaking views, sophisticated amenities, and the quintessential Lake Hollywood lifestyle, all just minutes from the best of Los Angeles.
No exterior & parking available.
Grades K-6 • 0.6 mi
Grades K-5 • 1.9 mi
Grades K-5 • 1.9 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 5.0 | 3.0 |
| Baths | 6.0 | 2.0 |
| Square foot | 4,729 | 1,670.836 |
| Lot Size | 6,797 | 6,152.156 |
| Price | $4.00M | $1.34M |
| Price per sq ft | $845 | $807 |
| Built year | 2026 | 1941 |
| HOA | $0 | $238 |
| Days on market | 61 | 56 |
Oct 30, 2026
$3,995,000
$4,249,000
-6% Price Drop
Initial Listing
Oct 6, 2026
$4,249,000
$4,495,000
-5% Price Drop
Initial Listing
Sep 9, 2026
$4,495,000
Initial Listing
Jun 2, 2023
$735,000
Public Record
Feb 24, 2017
$400,000
Public Record
Aug 3, 2004
$1,000,000
Public Record