677 Nimes Road, Los Angeles, California 90077, Los Angeles, 90077 - 6 bed, 11 bath

677 Nimes Road, Los Angeles, California 90077 home-pic-0
ACTIVE$39,995,000
677 Nimes Road, Los Angeles, California 90077
6Beds
11Baths
20,000Sqft
32,020Lot
Year Built
2023
Close
-
List price
$39.99M
Original List price
$39.99M
Price/Sqft
$2,000
HOA
-
Days on market
-
Sold On
-
MLS number
24463107
Home ConditionExcellent
Features
Excellent View: City Lights, Hills
Deck
Pool
Spa
Patio
ViewCity Lights,Hills

About this home

Fairly Priced:The estimated price is in line with the list price. We found 3 Cons,6 Pros. Rank: price - $39.99M(99th), sqft - 20000(99th), beds - 6(82th), baths - 11(96th).

This sleek newly constructed estate boasts extraordinary city views and unrivaled indoor-outdoor entertaining space with an Olympic-sized pool, screening room with 4k D-ILA Precision projector, spa with sauna, incredible sound system, gym, and parking for over 50 cars. Outfitted with top-tier Miele and WOLF appliances, this estate features automated Fleetwood floor-to-ceiling doors, luxurious heated TOTO toilets, and a self-playing Mason & Hamlin piano. Additionally, the gym is equipped with premium Matrix and Hoist machines to support a full range of fitness routines. With 8-foot privacy walls, comprehensive security cameras, sprinkler systems and sensors throughout, this residence also offers both exclusivity and peace of mind. Experience this unparalleled entertainer's estate for yourself!

Nearby schools

9/10
Warner Avenue Elementary School
Public,K-51.3mi
9/10
Roscomare Road Elementary School
Public,K-52.6mi
2/10
Van Nuys Middle School
Public,6-85.6mi
6/10
University Senior High School
Public,9-123.2mi
6/10
University Senior High School Charter
Public,9-123.2mi
6/10
Van Nuys Senior High School
Public,9-127.0mi

Price History

Date
Event
Price
01/14/15
Sold
$5,250,000
Condition Rating
Excellent

This property is a newly constructed estate, built in 2023, which immediately places it in the 'excellent' category. The description highlights top-tier Miele and WOLF appliances in the kitchen, luxurious heated TOTO toilets in the bathrooms, and automated Fleetwood floor-to-ceiling doors, all indicative of brand-new, high-end finishes and systems. The overall quality is pristine, with all components being new and meeting the highest current standards, showing no deferred maintenance.
Pros & Cons

Pros

Great Schools: Elementary School: Warner Avenue Elementary School (9/10).
New Construction & Modern Design: Built in 2023, this sleek estate offers state-of-the-art design, systems, and finishes, appealing to buyers seeking contemporary luxury.
Unrivaled Entertainment & Wellness Facilities: Features an Olympic-sized pool, screening room with 4k projector, spa with sauna, incredible sound system, and a gym with premium Matrix and Hoist machines.
Panoramic City Views & Seamless Indoor-Outdoor Flow: Boasts extraordinary city views and unrivaled indoor-outdoor entertaining space, enhanced by automated Fleetwood floor-to-ceiling doors.
Premium Appliances & Luxury Fixtures: Outfitted with top-tier Miele and WOLF appliances, luxurious heated TOTO toilets, and a self-playing Mason & Hamlin piano, signifying high-end living.
Enhanced Security & Privacy: Ensures exclusivity and peace of mind with 8-foot privacy walls, comprehensive security cameras, sprinkler systems, and sensors throughout.

Cons

Exorbitant Operating Costs: The extensive luxury amenities, large square footage (20,000 sqft), and lot size will lead to exceptionally high ongoing maintenance, utility, and insurance expenses.
Limited Buyer Pool: The property's ultra-luxury status, specific high-end features, and nearly $40 million price point target a very niche market, which could result in a longer sales cycle.
Significant Property Tax Burden: Given the list price, the annual property tax liability will be substantial, representing a considerable ongoing financial commitment for any owner.

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