8741 St Ives Drive, Los Angeles, California 90069, Los Angeles, 90069 - 5 bed, 9 bath

8741 St Ives Drive, Los Angeles, California 90069 home-pic-0
ACTIVE$35,800,000
8741 St Ives Drive, Los Angeles, California 90069
5Beds
9Baths
14,400Sqft
28,524Lot
Year Built
2024
Close
-
List price
$35.8M
Original List price
$39.98M
Price/Sqft
$2,486
HOA
-
Days on market
-
Sold On
-
MLS number
25536107
Home ConditionExcellent
Features
Excellent View: City Lights, Pool, Trees/Woods
Pool
Patio
ViewCity Lights,Pool,Trees/Woods

About this home

Possibly Over-Priced:The estimated price is 15% below the list price. We found 3 Cons,5 Pros. Rank: price - $35.80M(99th), sqft - 14400(99th), beds - 5(81th), baths - 9(99th).

The most spectacular brand new view estate in the Birds Streets. An exquisite contemporary estate meticulously crafted by NOBEL Design and Architecture Studio for those with a taste for luxury and sophistication. Almost 14,000 sq ft home nestled at the end of a cul-de-sac on a sprawling one acre lot in the heart of West Hollywood. This magnificent residence epitomizes elegance and offers unparalleled panoramic views, including breathtaking city skylines and dazzling city lights. As you step inside, be welcomed by an expansive open floor plan with soaring ceilings and floor-to-ceiling windows that flood the interior with natural light, seamlessly blending indoor and outdoor living. The spacious living areas are perfect for entertaining, allowing guests to move effortlessly from room to room, including a grand living room and an intimate lounge area. This stunning residence features 5 bedrooms, 7 bathrooms, and 2 powder rooms, offering ample space and sophistication for discerning homeowners. The gourmet chef's kitchen is a culinary masterpiece, outfitted with top-of-the-line appliances, a large center island, and ample counter space for all your cooking needs. Whether hosting a dinner party or a casual gathering, this kitchen is sure to impress. Designed with health and wellness in mind, this home includes a dedicated wellness area to help you relax and rejuvenate. Experience the ultimate movie night in your private theater, and take advantage of the 10-car parking to host friends and family with ease. Relax in the luxurious primary suite, a serene retreat featuring a spacious walk-in closet and an opulent en-suite bath with dual vanities, a soaking tub, and a grand glass shower. Each of the additional four bedrooms is generously sized and boasts its own en-suite bath, providing privacy and comfort for all. Step outside to the ultimate entertaining oasis. The outdoor lounging area is complete with heated lounge chairs in the pool, ideal for soaking up the sun and enjoying the stunning horizon views. The meticulously landscaped grounds offer endless possibilities for alfresco dining and outdoor activities. The property is designed for those seeking a luxurious yet relaxing retreat, offering a unique combination of seclusion and proximity to the iconic Sunset Strip and prestigious Beverly Hills. Shown to pre-qualified clients only.

Condition Rating
Excellent

This property was built in 2024, making it brand new. The description highlights it as a 'spectacular brand new view estate' meticulously crafted with an 'exquisite contemporary' design. The gourmet chef's kitchen is outfitted with top-of-the-line appliances, and the bathrooms feature opulent finishes, including soaking tubs and grand glass showers, as confirmed by the high-resolution images. All components are new, meeting current quality standards with no deferred maintenance, perfectly aligning with the 'Excellent' condition criteria.
Pros & Cons

Pros

New Construction & Architectural Excellence: Built in 2024 and meticulously crafted by NOBEL Design and Architecture Studio, this contemporary estate offers modern design and high-end finishes.
Unrivaled Panoramic Views: The property boasts unparalleled panoramic views, including breathtaking city skylines and dazzling city lights, enhancing its luxury appeal.
Extensive Luxury Amenities: Features a dedicated wellness area, private theater, 10-car parking, gourmet chef's kitchen, and an outdoor oasis with a heated pool and lounge chairs.
Spacious & Seamless Indoor/Outdoor Living: Nearly 14,000 sq ft on a sprawling one-acre lot, with an expansive open floor plan, soaring ceilings, and floor-to-ceiling windows that blend indoor and outdoor living.
Exclusive & Prime Location: Nestled at the end of a cul-de-sac in the prestigious Birds Streets of West Hollywood, offering seclusion with proximity to the Sunset Strip and Beverly Hills.

Cons

Significant Overpricing vs. Estimation: The current list price of $35.8M is considerably higher than the property's estimated value of $30.36M, suggesting potential overvaluation in the current market.
Recent Price Reduction: An initial list price of $39.98M reduced to $35.8M indicates a previous struggle to attract buyers at a higher price point, potentially signaling market resistance.
Limited Buyer Pool & Access: The requirement to be 'shown to pre-qualified clients only' restricts market exposure, and the ultra-luxury segment itself is a niche market, potentially prolonging sale time.

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