7863 Mulholland Drive, Los Angeles, California 90046, Los Angeles, 90046 - 5 bed, 9 bath

7863 Mulholland Drive, Los Angeles, California 90046 home-pic-0
ACTIVE$12,000,000
7863 Mulholland Drive, Los Angeles, California 90046
5Beds
9Baths
10,300Sqft
72,717Lot
Year Built
2018
Close
-
List price
$12M
Original List price
$12.5M
Price/Sqft
$1,165
HOA
-
Days on market
-
Sold On
-
MLS number
24397941
Home ConditionExcellent
Features
Excellent View: City Lights
Pool
Spa
Patio
ViewCity Lights

About this home

We found 3 Cons,6 Pros. Rank: price - $12.00M(99th), sqft - 10300(98th), beds - 5(86th), baths - 9(99th).

$250,000 PRICE REDUCTION! Experience unparalleled luxury in this exclusive contemporary estate nestled in the Hollywood Hills. Behind a private gated entrance, this masterpiece offers breathtaking panoramic views of the Los Angeles skyline, a grand entrance with an automobile turntable, and a spacious five-car garage for the ultimate convenience. Step inside to soaring ceilings and expansive living spaces bathed in natural light, seamlessly blending indoor and outdoor living. The main floor is an entertainer's dream, featuring a sprawling 3,500 sq. ft. patio with a built-in BBQ, perfect for hosting grand gatherings. Adjacent, a full bar and grand piano set the stage for unforgettable soires. The lower level boasts four en-suite bedrooms, each exuding comfort and elegance. The show-stopping 1,500 sq. ft. grand master suite is a retreat of its own, complete with a magnificent fireplace, an extravagant dressing room, and a private balcony overlooking the mesmerizing infinity pool and spa. What was once the media entertainment room has been transformed into a spacious gym area with a touch of a bar, offering the ultimate wellness and relaxation experience. This estate, famously used as a filming location for a Netflix movie and numerous Hollywood productions, continues to attract high demand for its luxurious design, breathtaking beauty, and panoramic views stretching from the glittering Los Angeles skyline to the serene hills beyond. This is your chance to own a true Hollywood Hills gem at an incredible value! Schedule your private tour today.

Price History

Date
Event
Price
06/11/21
Sold
$10,000,000
Condition Rating
Excellent

Built in 2018, this property is a modern masterpiece, only 6 years old. The images showcase an 'unparalleled luxury' contemporary estate with state-of-the-art features. The kitchen boasts integrated, high-end appliances, sleek flat-panel cabinetry, and a minimalist design. Bathrooms are equally luxurious with floating vanities, modern fixtures, freestanding tubs, and large walk-in showers. Flooring consists of pristine dark hardwood and large-format contemporary tiles. All light fixtures are modern, and the overall condition reflects a virtually new property with no deferred maintenance, perfectly aligning with current quality standards.
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 = 72717, living area = 10300.
Panoramic Views & Prime Location: The estate offers breathtaking panoramic views of the Los Angeles skyline and surrounding hills from an exclusive, private gated entrance in the highly desirable Hollywood Hills.
Exceptional Luxury Amenities: Features such as an automobile turntable, a spacious five-car garage, a mesmerizing infinity pool and spa, a full bar, and a dedicated gym area cater to an opulent lifestyle.
Grand Scale Entertaining Spaces: Designed as an entertainer's dream, the property boasts a sprawling 3,500 sq. ft. patio with a built-in BBQ, expansive living areas, and seamless indoor/outdoor flow, perfect for hosting grand gatherings.
Luxurious Master Suite & En-suite Bedrooms: The show-stopping 1,500 sq. ft. grand master suite includes a magnificent fireplace, an extravagant dressing room, and a private balcony, complemented by four additional en-suite bedrooms for ultimate comfort and privacy.
Hollywood Pedigree & Prestige: The property's history as a famous filming location for a Netflix movie and numerous Hollywood productions adds unique prestige, cultural significance, and potential for continued demand.

Cons

Recent Price Reduction: A recent $250,000 price reduction from the original list price suggests the property may have been initially overpriced or is experiencing slower market absorption.
High Operating Costs: Given its immense size (10,300 sqft), large lot (72,717 sqft), and extensive luxury amenities, the property will incur substantial ongoing maintenance, utility, and insurance expenses.
Niche Market Appeal: The ultra-luxury price point and highly specific, opulent features cater to a very limited buyer demographic, which could potentially lead to longer market times.

Best solution for experienced home buyers!

Data-driven home buying experience with our licensed real estate agents and cutting-edge AI

Browse Properties by State Browse housing market trends by state