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9595 Lime Orchard Road, Beverly Hills, California 90210, Beverly Hills, 90210 - 3 bed, 2 bath

9595 Lime Orchard Road, Beverly Hills, California 90210 home-pic-0
ACTIVE$6,900,000
9595 Lime Orchard Road, Beverly Hills, California 90210
3Beds
2Baths
2,468Sqft
40,347Lot
Year Built
1953
Close
-
List price
$6.9M
Original List price
$9.2M
Price/Sqft
$2,796
HOA
-
Days on market
-
Sold On
-
MLS number
24441663
Home ConditionTear down
Features
Excellent View: Canyon, Park/Greenbelt, Hills, Mountain(s), Trees/Woods
Pool
Spa
Patio
ViewCanyon, Park/Greenbelt, Hills, Mountain(s), Trees/Woods

About this home

Possibly Over-Priced:The estimated price is 18% below the list price. We found 3 Cons,7 Pros. Rank: price - $6.90M(59th), sqft - 2468(18th), beds - 3(24th), baths - 2(8th).

The "Lime Orchard" estate offers a rare, shovel-ready development opportunity in one of Los Angeles' most exclusive celebrity enclaves: Hidden Valley Estates. With all permits at Ready-To-Issue status and poised to break ground immediately, this expansive 40,000+ square-foot lot sits at the end of a private road in the famed 24-hour guard-gated neighborhood, providing direct access to the serene Franklin Canyon Park.The product of 2+ years of planning and approvals, this offering includes plans and permits for a 9,927 SF home featuring 7 bedrooms, 10 bathrooms, and resort-style features. Surpassing current building code requirements and standards, Lime Orchard will include the latest technology and innovation in energy efficiency, fire and weather resistance, drought-resilient landscaping, and modern amenities. Thoughtfully designed to integrate with the existing natural landscape, the home features a formal living and family room, dining room, entertainment kitchen with a separate chef's kitchen, private home office, screening room, and seven well-appointed en-suite bedrooms. Also included is a separate ADU/Guesthouse with its own wellness pavilion complete with a gym, sauna, and spa. This incredibly rare opportunity allows you to own and immediately build one of the most significant homes in Hidden Valley Estates, rivaling other $20-$30M estates within its gates. Experience unparalleled privacy and elevated luxury living, just moments from the best restaurants, nightlife, and shopping Beverly Hills have to offer. Visit www.LimeOrchardEstate.com for more information.

Nearby schools

9/10
Wonderland Avenue Elementary School
Public,•K-5•1.6mi
9/10
West Hollywood Elementary School
Public,•K-5•2.5mi
9/10
Roscomare Road Elementary School
Public,•K-5•3.4mi
9/10
Warner Avenue Elementary School
Public,•K-5•4.0mi
6/10
Walter Reed Middle School
Public,•6-8•2.4mi
8/10
Hawthorne Elementary School
Public,•K-8•3.1mi
8/10
El Rodeo Elementary School
Public,•K-8•3.9mi
2/10
Van Nuys Middle School
Public,•6-8•4.2mi
3/10
Hubert Howe Bancroft Middle School
Public,•6-8•4.6mi
8/10
North Hollywood Senior High School
Public,•9-12•3.2mi
7/10
Fairfax Senior High School
Public,•9-12•3.7mi
6/10
Ulysses S. Grant Senior High School
Public,•9-12•3.9mi
9/10
Beverly Hills High School
Public,•9-12•4.2mi
6/10
Van Nuys Senior High School
Public,•9-12•5.4mi
6/10
University Senior High School
Public,•9-12•6.2mi
6/10
University Senior High School Charter
Public,•9-12•6.2mi

Price History

Date
Event
Price
06/15/22
Sold
$6,300,000
Condition Rating
Tear down
The listing explicitly markets this as a 'shovel-ready development opportunity' with plans and permits for a new 9,927 SF home. The existing structure, built in 1953, is not the focus of the sale, and its value is based solely on the land and its potential for redevelopment. All detailed images provided are renderings of the proposed new construction, not the current 1953 property. The current structure is intended for demolition to make way for the new luxury estate.
Pros & Cons

Pros

High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 40347, living area = 2468.
Great Schools: Elementary School: Warner Avenue Elementary School (9/10). High School: Beverly Hills High School (9/10).
Shovel-Ready Development Opportunity: The property offers a rare, shovel-ready development opportunity with all permits at Ready-To-Issue status for a 9,927 SF luxury home, significantly reducing project timelines and complexities.
Exclusive Guard-Gated Location: Situated in Hidden Valley Estates, a 24-hour guard-gated celebrity enclave in Beverly Hills, providing unparalleled privacy, security, and prestige.
Expansive Lot & Desirable Views: An expansive 40,000+ square-foot lot at the end of a private road, offering serene canyon, park, hills, and mountain views, with direct access to Franklin Canyon Park.
Luxury Design & Modern Amenities: Plans include a grand 9,927 SF home with 7 bedrooms, 10 bathrooms, resort-style features, a separate ADU/Guesthouse with a wellness pavilion, and cutting-edge technology for sustainability.
Significant Investment Potential: This opportunity allows for the construction of a home designed to rival $20-$30M estates within the exclusive Hidden Valley Estates, offering substantial upside in a prime luxury market.

Cons

Substantial Additional Capital Required: The 'shovel-ready' nature means the buyer is acquiring land and plans, necessitating a multi-million dollar construction budget on top of the purchase price to realize the full vision.
Significant Price History Adjustment: The current list price of $6.9M represents a substantial reduction from the original list price of $9.195M, which could indicate previous market resistance or an initial overvaluation.
Valuation Discrepancy: The current listing price is 18% above the property's estimated value, suggesting a premium is being paid for the development opportunity and permits, potentially leading to a higher entry cost.

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