821 Glenmere Way, Los Angeles, California 90049, Los Angeles, 90049 - 6 bed, 9 bath
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Los Angeles, California 90049
This Premier RTI Development Opportunity is listed at $17,995,000, positioned accurately alongside its $17,789,119 Fair Market Value. By securing this shovel-ready site, buyers bypass years of entitlement hurdles to begin immediate construction on a 9,738-square-foot architectural masterpiece. The approved design includes Panoramic Ocean Views, a 9-car turntable garage, and a wellness spa within the prestigious Kenter Canyon School District. Featuring a New Construction Condition Rating, this project offers a seamless path to a world-class estate. It is an elite acquisition for Luxury Developers or Owner-Builders.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 821 Glenmere Way Subject | $17,995,000* List Price | 6 | 9 | 9,738 | $1,827 | - |
A 455 N Bundy Drive Sold | $12,962,500 | 6 | 8 | 7,521 | $1,724 | 1.0 mi |
B 306 N Cliffwood Avenue Sold | $17,100,000 | 6 | 9 | 11,392 | $1,501 | 0.8 mi |
C 816 Glenmere Way Active | $13,500,000 List Price | 6 | 8 | 8,520 | $1,585 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
This property is a 2024 new construction project offered with Ready-to-Issue (RTI) plans for a 9,738-square-foot architectural estate. The provided renderings and listing details describe a world-class home featuring premium modern amenities, including a 9-car turntable garage, wellness spa, and rooftop deck. As a new build, all components, systems, and finishes will be brand new and meet the highest current quality standards with no deferred maintenance.
Elementary School: Fairburn Avenue Elementary School (9/10).
As a Ready-to-Issue (RTI) project with fully approved plans and permits, this property allows the buyer to bypass years of entitlement delays and begin construction immediately on a world-class estate.
Situated on a quiet cul-de-sac north of Sunset in Brentwood, the expansive lot offers rare panoramic ocean views and resides within the highly-coveted Kenter Canyon School District.
Since the property is currently a development site, the buyer must undertake a massive construction project, involving significant time, management, and exposure to fluctuating building costs.
Beyond the $17.995M acquisition price, the project requires a massive additional financial investment to complete the high-spec construction, making it a capital-intensive endeavor.
A premier opportunity to craft a world-class estate in the heart of Brentwood's most coveted enclave, north of Sunset. Set at the end of a quiet cul-de-sac on an expansive 16,500-square-foot lot with panoramic ocean views, this RTI (Ready to Issue) property comes with fully approved plans and permits pulledconstruction is set to begin immediately.Skip the years-long wait for entitlements and step into a seamless process where you can bring your vision to life in collaboration with a top-tier developer. The proposed 9,738-square-foot architectural masterpiece is designed with every luxury in mind: 6 bedrooms, 9 bathrooms, a full-scale movie theater, wellness spa with sauna and gym, an expansive rooftop deck for entertaining, and a show-stopping 9-car garage featuring a turntable for effortless entry and exit.This is more than a homeit's a curated lifestyle experience, tailored to the highest standards of design and sophistication. Situated in the prestigious Kenter Canyon School District, this offering combines architectural excellence, scale, and location in a way rarely seen on the Westside.
No exterior & parking available.
Grades K-5 • 1.8 mi
Grades PK-5 • 2.3 mi
Grades K-5 • 2.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 6.0 | 4.0 | 83% |
| Baths | 9.0 | 4.0 | 92% |
| Square foot | 9,738 | 3,109 | 93% |
| Lot Size | 16,399 | 11,731 | 65% |
| Price | $18.00M | $3.90M | 94% |
| Price per sq ft | $1.8K | $1.3K | 84% |
| Built year | 2024 | 1957 | 92% |
| HOA | $0 | $0 | 50% |
| Days on market | 81 | 145 | 17% |
Mar 17, 2026
$17,995,000
Initial Listing
Jun 30, 2021
$3,075,000
Public Record