430 Robert Lane, Beverly Hills, California 90210, Beverly Hills, 90210 - 5 bed, 8 bath
ACTIVE$18,995,000
430 Robert Lane, Beverly Hills, California 90210
5Beds
8Baths
10,001Sqft
42,807Lot
Price Vs. Estimate
The estimated value ($16,403,751.43) is $2,591,248.57 (13%) lower than the list price ($18,995,000). This property may be overpriced.
Key pros and cons
Top Pros:
High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 42807, living area = 10001.
Top Cons:
Significant Investment Required: Described with 'unlimited potential to restore or rebuild,' indicating the property, built in 1960, likely requires substantial additional investment for modernization or redevelopment beyond the purchase price.
Compared to the nearby listings
Price:$19.00M vs avg $5.25M (+$13,745,000)91%
Size:10,001 sqft vs avg 3,967 sqft90%
Price/sqft:$1.9K vs avg $1.2K76%
More Insights
Built in 1960 (65 years old).
Condition: Built in 1960, this property is described as having 'Mid-Century Condition/Outdated Features' and 'unlimited potential to restore or rebuild.' While some areas feature updated tile flooring and a modern fireplace, the visible bathroom displays dated light wood cabinetry, basic stone countertops, and old-fashioned strip vanity lighting, indicating a clear need for modernization. The absence of kitchen images, combined with the overall description, suggests the kitchen likely also requires substantial updates to meet contemporary luxury standards. The property is well-maintained but has not undergone a recent extensive renovation, placing it in a condition where major aesthetic and functional updates are required, rather than just minor repairs.
Year Built
1960
Close
-
List price
$19M
Original List price
$19M
Price/Sqft
$1,899
HOA
-
Days on market
-
Sold On
-
MLS number
25544011
Home ConditionFair
Features
Excellent View: City Lights
Pool
Patio
ViewCity Lights
About this home
A SPECTACULAR OFFERING! 430 ROBERT LANE IS A LUXURIOUS MID CENTURY SINGLE FAMILY RESIDENCE LOCATED IN THE PRESTIGIOUS TROUSDALE ESTATES NEIGHBORHOOD OF BEVERLY HILLS. LOCATED DIRECTLY ACROSS FROM GREYSTONE, THIS EXPANSIVE ESTATE SPANS APPROXIMATELY 10K PLUS SQUARE FEET, AND IS SITUATED ON A HUGE FLAT LOT (PAD IS 32K SF PLUS). FEATURING HIGH CEILINGS AND AN OPEN FLOOR PLAN, THIS PROPERTY FEATURES 5 BEDROOMS, INCREDIBLE ENORMOUS LIVING ROOM AND DINING ROOM. OFFERING AMPLE SPACE FOR COMFORTABLE LIVING AND ENTERTAINING. AMENITIES INCLUDE A SWIMMING POOL AND GUEST HOUSE. ULTRA RARE OPPORTUNITY...APPROX ONE ACRE VIEW PROPERTY WITH UNLIMITED POTENTIAL TO RESTORE OR REBUILD!
Nearby schools
9/10
West Hollywood Elementary School
Public,•K-5•0.7mi
9/10
Wonderland Avenue Elementary School
Public,•K-5•1.9mi
8/10
Hawthorne Elementary School
Public,•K-8•1.0mi
3/10
Hubert Howe Bancroft Middle School
Public,•6-8•3.6mi
9/10
Beverly Hills High School
Public,•9-12•2.1mi
7/10
Fairfax Senior High School
Public,•9-12•2.3mi
6/10
University Senior High School Charter
Public,•9-12•4.8mi
6/10
University Senior High School
Public,•9-12•4.8mi
Condition Rating
Fair
Built in 1960, this property is described as having 'Mid-Century Condition/Outdated Features' and 'unlimited potential to restore or rebuild.' While some areas feature updated tile flooring and a modern fireplace, the visible bathroom displays dated light wood cabinetry, basic stone countertops, and old-fashioned strip vanity lighting, indicating a clear need for modernization. The absence of kitchen images, combined with the overall description, suggests the kitchen likely also requires substantial updates to meet contemporary luxury standards. The property is well-maintained but has not undergone a recent extensive renovation, placing it in a condition where major aesthetic and functional updates are required, rather than just minor repairs.
Pros & Cons
Pros
High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 42807, living area = 10001.
Great Schools: Elementary School: West Hollywood Elementary School (9/10). High School: Beverly Hills High School (9/10).
Prime Location & Prestige: Located in the highly prestigious Trousdale Estates neighborhood of Beverly Hills (90210), directly across from Greystone, offering an exclusive and iconic address.
Expansive Lot & Development Potential: A rare opportunity with a huge, flat ~1-acre lot (32,000+ sqft pad) and over 10,000 sqft of living space, providing unlimited potential for restoration or a complete rebuild.
Luxury Amenities: The estate includes a private swimming pool and a separate guest house, enhancing the property's luxury appeal and functionality for entertaining.
Generous Living Space & Layout: Features high ceilings, an open floor plan, enormous living and dining rooms, 5 bedrooms, and 8 bathrooms, offering ample space for comfortable living and grand entertaining.
Desirable Views: The property boasts desirable city lights views, adding to its allure and commanding higher value in this exclusive market.
Cons
Significant Investment Required: Described with 'unlimited potential to restore or rebuild,' indicating the property, built in 1960, likely requires substantial additional investment for modernization or redevelopment beyond the purchase price.
Potential Overpricing: The current listing price is approximately 11% above the estimated property value, which may suggest an aggressive pricing strategy relative to current market valuations.
Mid-Century Condition/Outdated Features: As a 1960 Mid-Century residence, the property may feature outdated systems, finishes, or architectural elements that do not align with contemporary luxury buyer expectations without extensive renovation.