1690 Summitridge Dr

$4,995,000, 10 Beds 15 Baths 3.17 Acres

About This Property

Remarkable development opportunity on tremendous apx. 3.17 acre lot with apx. 376 feet of frontage. Located on a pinnacle lot just above Beverly Hills, this property offers stunning jetliner views of the span of the Los Angeles basin from Downtown L.A. to Century City. Shovel ready with completed and approved plans and fully paid permits to build an apx. 30,000 sq.ft. Contemporary home. The current codes and ordinances would not allow for a structure of this size to be built on this lot, but these approved plans for a 30,000 sq.ft. house have been grandfathered in, which adds incredible value to this property. The plans for the house include 10 bedrooms, 15 bathrooms, two passenger elevators, car elevator and lower level auto gallery with parking for 20 cars. The chance of a lifetime to build the newest iconic estate in the prime hills of Los Angeles. This property is also available to be built-out and completed by the Seller at a listing price of $49,500,000.

Essential Information

MLS® #19469026
Price$4,995,000
Bedrooms10
Bathrooms15.00
Full Baths15
Acres3.17
Year Built2019
TypeResidential
Sub-TypeSingle Family
StyleContemporary
StatusActive

Community Information

Address1690 Summitridge Dr
CityBeverly Hills
CountyLos Angeles
StateCA
Zip Code90210

Area

Beverly Hills Post Office (C02)

Amenities

Parking Spaces20
ParkingGarage Is Attached, Other
Has PoolYes
PoolOther

View

Canyon View, City View, City Lights View, Panoramic View

Interior

Interior FeaturesOther
HeatingOther
CoolingOther
# of Stories4

Additional Information

Date ListedMay 22nd, 2019
Days on Market91
ZoningLARE40
HOA Fees0.00

Listing Details

AgentJade Mills(00526877)

Office

Coldwell Banker Residential Brokerage

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