
Los Angeles, California 90077
This property presents a High-Potential Investment Opportunity with a List Price of $14,995,000—positioned well below the $15,229,912 Fair Market Value by 1.5%. This valuation gap offers $234,912 in Instant Equity. With a Condition Rating of 6, the 3/4-acre lot provides a massive canvas for development in an elite Bel Air enclave. Featuring a resort-style pool and lush tree views, this asset is ideal for Luxury Developers or High-Net-Worth Owner-Occupants seeking to build a world-class estate.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 612 Nimes Road Subject 4 bd · 6 ba · 4,982 sqft · $3,057 | $14,995,000* List Price | 4 | 6 | 4,982 | $3,057 | - |
A 501 St Cloud Road Active 5 bd · 5 ba · 4,822 sqft · $3,090 · 0.1 mi | $14,900,000 List Price | 5 | 5 | 4,822 | $3,090 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is land value only, full reconstruction required.
The property was built in 1967 (57 years old) and shows no evidence of significant renovations, meeting the >50y criteria. The listing description explicitly markets the property as a 'rare opportunity to remodel or create an extraordinary new estate' and a 'perfect opportunity to develop,' indicating the value is primarily in the 3/4 acre land in a prestigious Bel Air enclave.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 35024, living area = 4982.
Elementary School: Warner Avenue Elementary School (9/10).
Situated in one of the world's most prestigious enclaves near record-breaking $110M estates, this property offers unparalleled prestige and long-term value in an A+ location.
Built in 1967, the current residence likely requires a comprehensive and costly renovation or a complete teardown to meet modern luxury standards.
With a nearly $15M entry price, the property demands significant additional investment for construction or upgrades, making it a high-stakes project for developers.
Uniquely situated in one of Bel Air's most coveted enclaves, surrounded by some of the worlds most prestigious properties, including 2025's highest residential sale at $110M sits this rare over 3/4 acre opportunity to remodel or create an extraordinary new estate in Prime Bel Air. Enter through a private gate directly into a large motor court with ample parking or room to expand existing footprint. Current single story contemporary Estate has beautiful courtyard entrance in just under 5,000 square feet. Including four bedrooms and six bathrooms all with soaring ceiling heights. Living, dining, and family rooms are ideal for large scale entertaining. Resort style backyard with large pool and additional room for expansion or landscaping. Perfect opportunity to develop in an A + location or to remodel/upgrade/expand on existing home.
No exterior & parking available.
Grades K-5 • 1.2 mi
Grades K-5 • 2.7 mi
Grades 6-8 • 5.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.0 |
| Baths | 6.0 | 2.0 |
| Square foot | 4,982 | 1,670.836 |
| Lot Size | 35,024 | 6,152.156 |
| Price | $14.99M | $1.34M |
| Price per sq ft | $3.0K | $807 |
| Built year | 1967 | 1941 |
| HOA | $0 | $238 |
| Days on market | 4 | 56 |
Nov 5, 2026
$14,995,000
Initial Listing
Apr 11, 2000
$4,230,000
Public Record