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$7,450,000

Beds
5
Baths
6.0
sq ft
8,300

1511 Summitridge Dr, Beverly Hills, CA 90210

1511 Summitridge Dr

Beverly Hills, CA 90210

  • 1105 days on market
Incredible Beverly Hills development opportunity offers the chance to purchase a 1.77 acre view property uniquely situated at the end of a private gated cul de sac shared by only two other homes. RTI plans in place for an 8,300 sf, 5 bed, 6 bath home, on an approximately 20,000 sf flat pad with celebrity neighbors and explosive city, canyon and ocean views! Enjoy a head start on your new construction as much of the heavy lifting has already been completed including the installation of 70 caissons and multiple retaining walls with tie backs. New gas lines, 3 Phase electrical and drainpipes are also in place, while over 500 truckloads of dirt have been hauled from the site. Surrounded by the natural beauty of the local ecosystem, this one of a kind property will feature breathtaking views from almost every public space, as well as a gym, media room, sauna and steam, game room, pool, two spas, elevator, rooftop lounge, 3 car garage with turn around, outdoor shower and unparalleled privacy. This one of a kind property is located just minutes from the heart of Beverly Hills and the finest shopping, restaurants and entertainment the area has to offer. Property outlines in pictures are approximate.

Details

Property type

Single Family Residence

Est. home value

$3,887,821

Lot size

1.78 acres

Price per sq ft

$898

Year built

Unknown

Price History

04/30/2021
CLAW

CLAW #21715514

Listed
$7,450,000

Schools & Community

Neighborhood: 

Beverly Glen

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Tracey, Home Search Advisor
Tracey
Home Search Advisor

How can I help? Hi, I’m Tracey, your real estate expert. Send me your questions about this listing or about shopping for homes.

or text or call (404) 738-5385

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Comerica Bank

Loan start date

December 2012

Original loan amount

$1,080,000

Est. remaining balance

Not provided

Interest rate

3%

Loan type

New Conventional, 30 year

Seller

David Brady and Vanessa Kiss

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Active

Tomo last checked: 04/17/2024 at 2:05 AM

Listing updated: 02/16/2024 at 10:14 AM

Listed by: Howie Nicoll, Keller Williams Beverly Hills Phone #: (310) 432-6400

MLS: CLAW #21715514

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The multiple listings information is provided by The MLS/CLAW from a copyrighted compilation of listings. The compilation of listings and each individual listing are © 2024 The MLS/CLAW. All Rights Reserved. The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.