8300 Grand View Drive, Los Angeles, California 90046, Los Angeles, 90046 - 5 bed, 5 bath
ACTIVE$6,999,950
8300 Grand View Drive, Los Angeles, California 90046
5Beds
5Baths
5,600Sqft
17,187Lot
Year Built
1981
Close
-
List price
$7M
Original List price
$7.25M
Price/Sqft
$1,250
HOA
-
Days on market
-
Sold On
-
MLS number
SR25069673
Home ConditionExcellent
Features
Excellent View: City Lights, Canyon, Mountain(s), Panoramic
Deck
Pool
ViewCity Lights,Canyon,Mountain(s),Panoramic
About this home
Possibly Over-Priced:The estimated price is 39% below the list price. We found 3 Cons,6 Pros. Rank: price - $7.00M(98th), sqft - 5600(95th), beds - 5(86th), baths - 5(82th).
An absolute jaw dropping privately gated Hollywood Hills compound boasting the best jet liner unobstructed views in Los Angeles! Nothing else compares to these TWO completely reimagined Spanish masterpiece estates. Very rare opportunity to find an extraordinary main residence and separate detached guest house separated by its own private pool. Each residence has been professionally designed and masterfully reimagined using the very finest finishes! No detail has been overlooked. All of this with complete total privacy and panoramic views of Downtown Los Angeles and the famed Hollywood sign. The primary home provides 3 bedrooms and 4 baths and the self contained guest house has 2 beds and one bath. A Very special and unique offering!
Nearby schools
9/10
Wonderland Avenue Elementary School
Public,•K-5•0.9mi
7/10
Gardner Street Elementary School
Public,•K-6•1.1mi
9/10
West Hollywood Elementary School
Public,•K-5•1.4mi
8/10
Valley View Elementary School
Public,•K-6•2.1mi
7/10
Rio Vista Elementary School
Public,•K-5•3.0mi
3/10
Hubert Howe Bancroft Middle School
Public,•6-8•2.3mi
8/10
Hawthorne Elementary School
Public,•K-8•2.6mi
6/10
Walter Reed Middle School
Public,•6-8•3.5mi
7/10
Fairfax Senior High School
Public,•9-12•1.5mi
6/10
Hollywood Senior High School
Public,•9-12•1.9mi
9/10
Beverly Hills High School
Public,•9-12•3.7mi
8/10
North Hollywood Senior High School
Public,•9-12•4.4mi
6/10
University Senior High School Charter
Public,•9-12•6.5mi
6/10
University Senior High School
Public,•9-12•6.5mi
Price History
Date
Event
Price
11/21/23
Sold
$3,600,000
04/20/17
Sold
$2,838,000
01/25/13
Sold
$1,860,000
Condition Rating
Excellent
Despite being built in 1981, the listing explicitly states the property has been 'completely reimagined' and 'masterfully renovated using the very finest finishes,' with 'no detail overlooked.' The images strongly support this claim, showcasing a virtually new interior. The kitchen features modern light wood cabinetry, high-end stainless steel appliances, a large island with a waterfall edge stone countertop, and recessed lighting. The bathrooms are equally impressive with contemporary freestanding tubs, spacious walk-in showers with glass enclosures, and sleek black fixtures. Throughout the property, there are consistent hardwood floors and modern recessed lighting, indicating a comprehensive and recent high-quality renovation. All components appear new or virtually new, meeting current quality standards with no visible deferred maintenance.
Pros & Cons
Pros
Great Schools: Elementary School: West Hollywood Elementary School (9/10). High School: Beverly Hills High School (9/10).
Exceptional Panoramic Views: Boasts the best jet liner unobstructed views in Los Angeles, including Downtown and the famed Hollywood sign, enhancing its luxury appeal.
Private Gated Compound: A privately gated Hollywood Hills compound offering complete privacy and exclusivity, a highly sought-after feature in this area.
Dual Residences with Pool: Features a main residence and a separate detached guest house, offering versatile living arrangements and enhanced privacy, separated by a private pool.
Masterfully Reimagined Interiors: Both residences have been professionally designed and masterfully reimagined using the very finest finishes, ensuring a luxurious and modern living experience.
Prime Hollywood Hills Location: Situated in a highly desirable Hollywood Hills location (Sunset Strip - Hollywood Hills West), offering prestige and convenient access to amenities.
Cons
Significant Overpricing: The current list price of nearly $7M is substantially higher than the estimated market value of $4.26M and its recent sale price of $3.6M in late 2023, indicating potential overvaluation.
Age of Original Construction: Despite extensive reimagining, the property's original build year of 1981 may present underlying infrastructure considerations compared to newer luxury builds in the market.
Recent Price Adjustment & Sales History: A recent price reduction from $7.25M to $7M, coupled with a significant price difference from its last sale, suggests challenges in aligning with current market expectations and buyer perception.