9311 Readcrest Drive, Beverly Hills, California 90210, Beverly Hills, 90210 - 6 bed, 7 bath

9311 Readcrest Drive, Beverly Hills, California 90210 home-pic-0
ACTIVE$9,900,000
9311 Readcrest Drive, Beverly Hills, California 90210
6Beds
7Baths
7,181Sqft
19,880Lot

Price Vs. Estimate

The estimated value ($9,900,000) is $0 (0%) lower than the list price ($9,900,000). This property may be overpriced.

Key pros and cons

Top Pros:
Great Schools: Elementary School: Warner Avenue Elementary School (9/10). High School: Beverly Hills High School (9/10).
Top Cons:
Recent Price Reduction: The list price has been reduced from $11M to $9.9M, which could indicate an initial overvaluation or a longer time on market.

Compared to the nearby listings

Price:$9.90M vs avg $5.25M (+$4,650,000)71%
Size:7,181 sqft vs avg 3,967 sqft79%
Price/sqft:$1.4K vs avg $1.2K60%

More Insights

Built in 2015 (10 years old).
Condition: This property, built in 2015, is only 9 years old, placing it firmly within the 'Excellent' category for age. The description highlights it as a 'modern masterpiece' with a 'gourmet kitchen with top-tier appliances and custom finishes' and a 'spa-like ensuite.' The images confirm an exceptionally high standard of quality and design throughout. The kitchen features sleek, flat-panel cabinetry, integrated high-end appliances, and a large island with a waterfall edge, all in pristine condition. Bathrooms are equally luxurious, with modern fixtures, floating vanities, large soaking tubs, and spacious glass-enclosed showers. Flooring appears to be high-quality, consistent modern tile or polished concrete, with no visible carpets in main living areas. The property boasts advanced features like Crestron automation and Fleetwood doors, indicating state-of-the-art systems. There is no evidence of deferred maintenance or physical depreciation; the entire property appears virtually new and meets the highest current quality standards.
Year Built
2015
Close
-
List price
$9.9M
Original List price
$11M
Price/Sqft
$1,379
HOA
-
Days on market
-
Sold On
-
MLS number
25507327
Home ConditionExcellent
Features
Excellent View: City Lights, Hills
Pool
Patio
ViewCity Lights,Hills

About this home

A private oasis moments from Sunset Boulevard, this stunning 6-bedroom, 7-bath modern masterpiece spans 7,400 square feet of sleek architecture and airy, light-filled design. Water features and fireplaces create a serene flow, while expansive living spaces open to a dazzling pool and lush terraces perfect for entertaining. The primary suite is a true sanctuary with a fireplace, spa-like ensuite, and private terrace overlooking breathtaking city views. A floating staircase and private elevator connect the grand open floor plan, leading to a gourmet kitchen with top-tier appliances and custom finishes. Located in the coveted Crest Streets of Beverly Hills, this home features Crestron automation, a home theater, a private office, Fleetwood doors, four fireplaces, and a gated driveway with a two-car garage and flex space. Experience luxury at its finest.

Nearby schools

9/10
West Hollywood Elementary School
Public,K-51.0mi
9/10
Wonderland Avenue Elementary School
Public,K-51.8mi
9/10
Warner Avenue Elementary School
Public,K-52.6mi
9/10
Roscomare Road Elementary School
Public,K-53.9mi
8/10
Hawthorne Elementary School
Public,K-81.3mi
8/10
El Rodeo Elementary School
Public,K-82.2mi
3/10
Hubert Howe Bancroft Middle School
Public,6-83.8mi
6/10
Walter Reed Middle School
Public,6-84.0mi
2/10
Van Nuys Middle School
Public,6-85.7mi
9/10
Beverly Hills High School
Public,9-122.5mi
7/10
Fairfax Senior High School
Public,9-122.5mi
8/10
North Hollywood Senior High School
Public,9-124.8mi
6/10
University Senior High School Charter
Public,9-124.9mi
6/10
University Senior High School
Public,9-124.9mi
6/10
Ulysses S. Grant Senior High School
Public,9-125.6mi
6/10
Van Nuys Senior High School
Public,9-127.1mi

Price History

Date
Event
Price
05/07/97
Sold
$450,000
02/01/19
Sold
$8,900,000
06/28/17
Sold
$8,500,000
06/22/11
Sold
$926,000
04/01/05
Sold
$1,600,000
Condition Rating
Excellent

This property, built in 2015, is only 9 years old, placing it firmly within the 'Excellent' category for age. The description highlights it as a 'modern masterpiece' with a 'gourmet kitchen with top-tier appliances and custom finishes' and a 'spa-like ensuite.' The images confirm an exceptionally high standard of quality and design throughout. The kitchen features sleek, flat-panel cabinetry, integrated high-end appliances, and a large island with a waterfall edge, all in pristine condition. Bathrooms are equally luxurious, with modern fixtures, floating vanities, large soaking tubs, and spacious glass-enclosed showers. Flooring appears to be high-quality, consistent modern tile or polished concrete, with no visible carpets in main living areas. The property boasts advanced features like Crestron automation and Fleetwood doors, indicating state-of-the-art systems. There is no evidence of deferred maintenance or physical depreciation; the entire property appears virtually new and meets the highest current quality standards.
Pros & Cons

Pros

Great Schools: Elementary School: Warner Avenue Elementary School (9/10). High School: Beverly Hills High School (9/10).
Prime Location: Situated in the highly coveted Crest Streets of Beverly Hills, offering prestige and convenient access to Sunset Boulevard.
Modern Luxury & Recent Construction: A 2015 'modern masterpiece' featuring sleek architecture, airy, light-filled design, and contemporary high-end finishes throughout.
Extensive High-End Amenities: Boasts a dazzling pool, lush terraces, water features, multiple fireplaces, a private elevator, gourmet kitchen with top-tier appliances, Crestron automation, home theater, and private office.
Breathtaking City Views: The primary suite and other areas offer 'breathtaking city views,' significantly enhancing the property's appeal and value.
Spacious & Entertainment-Ready: Expansive 7,181 sqft living space with 6 beds/7 baths, designed for grand entertaining with seamless indoor-outdoor flow to the pool and terraces.

Cons

Recent Price Reduction: The list price has been reduced from $11M to $9.9M, which could indicate an initial overvaluation or a longer time on market.
High Ongoing Maintenance Costs: A property of this size and with extensive luxury features (pool, water features, smart home systems, large lot) will likely incur significant ongoing maintenance and operational expenses.
Specific Modern Aesthetic: The 'sleek architecture' and 'modern masterpiece' design, while appealing to some, may cater to a more niche buyer segment, potentially limiting the overall buyer pool.

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