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

Price Vs. Estimate

The estimated value ($38,915,566.19) is $1,079,433.81 (2%) lower than the list price ($39,995,000). This property may be overpriced.

Key pros and cons

Top Pros:
Great Schools: Elementary School: Warner Avenue Elementary School (9/10).
Top Cons:
Exorbitant Operating Costs: The vast size (20,000 sqft), extensive amenities, and advanced systems will result in very high ongoing utility bills, maintenance expenses, and insurance premiums.

Compared to the nearby listings

Price:$39.99M vs avg $3.50M (+$36,497,500)99%
Size:20,000 sqft vs avg 3,464.5 sqft99%
Price/sqft:$2.0K vs avg $92890%

More Insights

Built in 2023 (2 years old).
Condition: This property is a newly constructed estate, built in 2023, which immediately qualifies it for an 'Excellent' rating. The description highlights top-tier Miele and WOLF appliances in the kitchen, luxurious heated TOTO toilets, and state-of-the-art features like automated Fleetwood doors and a comprehensive security system. The images confirm a pristine, modern aesthetic with high-end finishes, contemporary lighting, and large format tile flooring throughout, indicating no deferred maintenance and meeting the highest quality standards.
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
25513433
Home ConditionExcellent
Features
Excellent View: City Lights, Hills
Pool
Spa
Patio
ViewCity Lights,Hills

About this home

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 qualifies it for an 'Excellent' rating. The description highlights top-tier Miele and WOLF appliances in the kitchen, luxurious heated TOTO toilets, and state-of-the-art features like automated Fleetwood doors and a comprehensive security system. The images confirm a pristine, modern aesthetic with high-end finishes, contemporary lighting, and large format tile flooring throughout, indicating no deferred maintenance and meeting the highest quality standards.
Pros & Cons

Pros

Great Schools: Elementary School: Warner Avenue Elementary School (9/10).
New Construction & Contemporary Luxury: Built in 2023, this sleek, newly constructed estate offers modern design, state-of-the-art infrastructure, and minimal immediate maintenance concerns.
Unrivaled Entertainment & Wellness Amenities: Features an Olympic-sized pool, 4k D-ILA Precision projector screening room, spa with sauna, fully equipped gym with premium machines, and a self-playing Mason & Hamlin piano, providing an unparalleled luxury lifestyle.
Premium Finishes & Smart Home Integration: Outfitted with top-tier Miele and WOLF appliances, automated Fleetwood floor-to-ceiling doors, and luxurious heated TOTO toilets, showcasing high-end quality and advanced technology.
Extraordinary City Views: Boasts extraordinary city views and hill views, a highly coveted feature in Los Angeles that significantly enhances desirability and value.
Exceptional Privacy, Security & Parking: Secured by 8-foot privacy walls, comprehensive security cameras, sprinkler systems, and sensors, complemented by extensive parking for over 50 cars, offering exclusivity and peace of mind.

Cons

Exorbitant Operating Costs: The vast size (20,000 sqft), extensive amenities, and advanced systems will result in very high ongoing utility bills, maintenance expenses, and insurance premiums.
Niche Market Appeal: The ultra-luxury price point of nearly $40 million and grand-scale features cater to a highly limited buyer pool, potentially leading to a longer time on market.
Substantial Property Tax Burden: A property of this value in Los Angeles will incur significant annual property taxes, representing a considerable recurring financial commitment for the owner.

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