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8927 St Ives Drive, Los Angeles, California 90069, Los Angeles, 90069 - 4 bed, 6 bath

8927 St Ives Drive, Los Angeles, California 90069 home-pic-0
ACTIVE$19,995,000
8927 St Ives Drive, Los Angeles, California 90069
4Beds
6Baths
7,500Sqft
25,250Lot
Year Built
2015
Close
-
List price
$20M
Original List price
$20M
Price/Sqft
$2,666
HOA
-
Days on market
-
Sold On
-
MLS number
25485849
Home ConditionExcellent
Features
Excellent View: City Lights, Ocean
Deck
Pool
Spa
Patio
ViewCity Lights,Ocean

About this home

Possibly Over-Priced:The estimated price is 6% below the list price. We found 3 Cons,5 Pros. Rank: price - $20.00M(93th), sqft - 7500(93th), beds - 4(54th), baths - 6(72th).

This architectural tour-de-force offers unparalleled privacy, impeccable design and breathtaking city-to-ocean views. With 4 ensuite bedrooms and 6 bathrooms, this home sited on a large gated and private lot spans two levels of exquisite craftsmanship. Inside, enjoy double-volume ceilings with unobstructed views. The gourmet kitchen features state-of-the-art Miele appliances and custom marble countertops and Crestron automation. The primary suite boasts a cozy fireplace, a private balcony, and stunning views, with a lavish ensuite bathroom featuring a steam shower, book-matched marble, dual vanities, and a freestanding tub perfectly positioned to soak in the panoramic vistas. The expansive outdoor living space offers multiple seating areas, fire pits and a vine-covered trellis and is complete with an infinity-edge pool and spa. Just above the renowned Sunset Strip, it's conveniently close to world-class dining and shopping. Experience luxury living in this warm modern masterpiece.

Condition Rating
Excellent
Built in 2015, this property is virtually new and exemplifies modern luxury. The gourmet kitchen features state-of-the-art Miele appliances and custom marble countertops, while the lavish bathrooms boast steam showers, book-matched marble, and high-end fixtures. All components, including flooring, lighting, and Crestron automation, are new, high-quality, and in pristine condition, meeting current standards with no deferred maintenance.
Pros & Cons

Pros

Panoramic City-to-Ocean Views: The property offers breathtaking city-to-ocean views from multiple vantage points, including the primary suite and outdoor living spaces, significantly enhancing its appeal and value.
Prime & Private Location: Situated on a large, gated, and private lot just above the renowned Sunset Strip, the home provides unparalleled privacy while being conveniently close to world-class dining and shopping.
State-of-the-Art Luxury Features: Equipped with a gourmet kitchen featuring Miele appliances and custom marble, Crestron automation, and a lavish primary bathroom with a steam shower and book-matched marble, showcasing high-end finishes and technology.
Exceptional Outdoor Living & Amenities: The expansive outdoor living space includes multiple seating areas, fire pits, a vine-covered trellis, and an infinity-edge pool and spa, perfect for entertaining and relaxation.
Modern Architectural Design & Quality Construction: Built in 2015, this 'architectural tour-de-force' boasts impeccable design, exquisite craftsmanship, and double-volume ceilings, offering a contemporary and luxurious living experience.

Cons

Listing Price Above Estimated Value: The current listing price is 6% higher than the property's estimated value, which may require justification or negotiation to potential buyers.
Niche Market Appeal: As an ultra-luxury property with a specific architectural style and a multi-million dollar price point, it caters to a highly exclusive and limited buyer pool, potentially affecting market velocity.
High Ongoing Maintenance Costs: The extensive luxury features, large lot, infinity pool, and advanced automation systems imply significant ongoing expenses for maintenance, utilities, and specialized services, which could be a consideration for buyers.

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