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$8,499,000
9311 Readcrest Drive, Beverly Hills, California 90210
6Beds
7Baths
7,181Sqft
19,880Lot

Price Vs. Estimate

The estimated value ($8,499,000) is $0 (0%) lower than the list price ($8,499,000). 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 Reductions: The property has undergone multiple price adjustments, from an initial $9.499M down to the current $8.499M, which may suggest an initial overvaluation or market resistance.

Compared to the nearby listings

Price:$8.50M vs avg $5.25M (+$3,249,000)63%
Size:7,181 sqft vs avg 3,967 sqft79%
Price/sqft:$1.2K vs avg $1.2K49%

More Insights

Built in 2015 (10 years old).
Condition: This property, built in 2015, is a modern architectural masterpiece that is virtually new. The description explicitly states 'No expense was spared in the design and construction,' and the images confirm this with a gourmet kitchen featuring custom cabinetry and high-end appliances, spa-like bathrooms with floating vanities and large walk-in showers, pristine white tile and light wood flooring throughout, and contemporary light fixtures. Advanced features like an elevator, fully automated Crestron system, and temperature-controlled wine refrigerator further underscore its top-tier condition and modern amenities. There are no signs of wear, tear, or deferred maintenance, aligning perfectly with the 'Excellent' criteria.
Year Built
2015
Close
-
List price
$8.5M
Original List price
$9.5M
Price/Sqft
$1,184
HOA
-
Days on market
-
Sold On
-
MLS number
25547573
Home ConditionExcellent
Features
Excellent View: City Lights, Hills
Pool
Spa
Patio
ViewCity Lights,Hills

About this home

Ultra private, gated, and secure, this modern architectural compound is nestled on a serene hillside in the highly coveted Beverly Hills Post Office, offering sweeping canyon and city views from nearly every vantage point. Designed with an emphasis on refined living and effortless entertaining, the light-filled residence boasts exceptional indoor-outdoor flow and a thoughtfully functional layout ideal for daily living. With six bedrooms and seven bathrooms across nearly 7,200 square feet, the home offers generous space for families and guests, along with multiple areas for work, relaxation, and entertainment. Carefully curated details elevate the living experience, such as an elevator, fully automatedCrestron system, temperature-controlled wine refrigerator, a floating glass and wood staircase, a gourmet kitchen with custom cabinetry and high-end appliances, multiple skylights, and many patios and balconies that capture the stunning views. The primary suite is a true retreat, featuring a fireplace, walk-in closet, spa-like ensuite bath, and a private terrace with breathtaking panoramic views of the city. Outside, enjoy a large patio with pool and spa, an outdoor grill, a seamless indoor-outdoor bar area, and expansive Fleetwood sliding glass doors that create a harmonious flow between interior living and natural surroundings. A grand, gated driveway sets the stage for a dramatic arrival, emphasizing the estate's privacy and presence. No expense was spared in the design and construction of this meticulously crafted residence, ideally located in the prestigious Crest Streets, just minutes from world-class dining, luxury shopping, and vibrant​​‌​​​​‌​​‌‌​​‌​​​‌‌​​​‌​​‌‌​​‌‌​​‌‌​​​​ nightlife.

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 a modern architectural masterpiece that is virtually new. The description explicitly states 'No expense was spared in the design and construction,' and the images confirm this with a gourmet kitchen featuring custom cabinetry and high-end appliances, spa-like bathrooms with floating vanities and large walk-in showers, pristine white tile and light wood flooring throughout, and contemporary light fixtures. Advanced features like an elevator, fully automated Crestron system, and temperature-controlled wine refrigerator further underscore its top-tier condition and modern amenities. There are no signs of wear, tear, or deferred maintenance, aligning perfectly with the 'Excellent' criteria.
Pros & Cons

Pros

Great Schools: Elementary School: Warner Avenue Elementary School (9/10). High School: Beverly Hills High School (9/10).
Prime Beverly Hills Location & Panoramic Views: Situated in the highly coveted Beverly Hills Post Office, specifically in the prestigious Crest Streets, offering sweeping canyon and city views from nearly every vantage point.
Modern Architectural Excellence & High-End Finishes: A 2015-built modern architectural compound with no expense spared in its design and construction, featuring a floating glass and wood staircase, gourmet kitchen with custom cabinetry and high-end appliances.
Advanced Smart Home & Luxury Amenities: Equipped with an elevator, a fully automated Crestron system, and a temperature-controlled wine refrigerator, enhancing convenience and luxury living.
Seamless Indoor-Outdoor Entertainment: Designed for effortless entertaining with exceptional indoor-outdoor flow, expansive Fleetwood sliding glass doors, a large patio with pool and spa, outdoor grill, and an indoor-outdoor bar area.
Ultimate Privacy & Security: An ultra-private, gated, and secure estate with a grand gated driveway, ensuring exclusivity and peace of mind for its residents.

Cons

Recent Price Reductions: The property has undergone multiple price adjustments, from an initial $9.499M down to the current $8.499M, which may suggest an initial overvaluation or market resistance.
High Operating & Maintenance Costs: The presence of sophisticated systems (Crestron, elevator, pool/spa) and extensive luxury features implies significant ongoing maintenance, repair, and utility expenses.
Niche Buyer Appeal: The ultra-modern architectural style and premium price point target a very specific luxury demographic, potentially leading to a longer marketing period to find the right buyer.

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