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$39,950,000

Beds
7
Baths
9.5
sq ft
19,000

1625 Summitridge Dr, Beverly Hills, CA 90210

1625 Summitridge Dr

Beverly Hills, CA 90210

  • 121 days on market
Welcome to this exclusive estate - gated and very private - located in Beverly Hills! This property is a rare find, with features that make it feel like a luxury resort where you can experience being on vacation every day. As you approach this amazing compound, a waterfall and lush landscaping welcomes you. As you enter the gated circular driveway, a large waterfall is in harmony with the swaying landscape. You can park 10 cars there easily. You will have many "moments" to experience, both indoor and outdoor, as you discover this 24,000-sf flat lot with so many luxurious amenities and details like the hand-tiled Balinese pool, spa and fire pit seating in the pool, as you take in the 180-degree city/ocean views. Entertain with the full outdoor kitchen and sprawling grassy yard to the outdoor dining area with a waterfall and fire pit, as you play day or evening sports/pickle ball. This magical estate also includes a wellness spa and gym with sliding floor-to-ceiling glass doors that open to the beautiful grounds and endless views. The main house spans approximately 16,000 square feet of luxury and detail; the variety of stones and woods are curated from Bali. Every room seems to flow together creating a unique and serene atmosphere. The "great room" has floor-to-ceiling sliding doors that provide breathtaking views while flowing to the dining room that can easily accommodate 20 guests. The stunning kitchen has every amenity and 12 ft center island with multiple seating areas. Off the entry, there is a stunning wood- and stone-paneled office with bar. There are two breathtaking primary suites with luxurious baths, closets and terraces to take in the views. There are 3 additional ensuite bedrooms and a huge outdoor deck that invites you to relax and enjoy the sunsets. Additionally, there's a 2-bedroom, 2-bathroom guest apartment with a kitchen and living room, and a huge theater with luxury seating and a wall-to-wall movie screen. The lounge and bar feature a tequila tasting room and a poker room, and a 2000-bottle wine cellar perfect for wine enthusiasts. The property also includes a 3000 square foot finished garage and a glass elevator. The total square footage of this estate is over 19,000 sf. This estate was built and designed by a top hospitality developer and is a very special property that will sell to a buyer who appreciates its uniqueness and luxury. Don't miss out on this once-in-a-lifetime opportunity to own your own private vacation resort in the heart of Beverly Hills!

Details

Property type

Single Family Residence

Est. home value

$8,447,402

Property condition

New Construction

Lot size

0.789 acres

Price per sq ft

$2,103

Year built

2023

HOA

No

Price History

07/16/2024
CLAW

CLAW #24416047

Listed
$39,950,000
-11.12%
07/04/2024
CLAW

CLAW #24392981

Removed
$44,950,000
05/16/2024
CLAW

CLAW #24392981

Listed
$44,950,000
-2.18%

Schools & Community

Neighborhood: 

Beverly Glen

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Gated

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

Jpmorgan Chase Bank Na

Loan start date

September 2023

Original loan amount

$2,500,000

Est. remaining balance

Not provided

Interest rate

6.78%

Loan type

Commercial

Seller

1625 Summitridge Llc

Lender

Jpmorgan Chase Bank Na

Loan start date

August 2023

Original loan amount

$24,700,000

Est. remaining balance

Not provided

Interest rate

5.62%

Loan type

New Conventional, 30 year

Seller

1625 Summitridge Llc

Lender

Pacifica Real Estate Iv Llc

Loan start date

June 2015

Original loan amount

$4,300,000

Est. remaining balance

Not provided

Interest rate

3.65%

Loan type

Not Provided

Seller

1625 Summitridge Llc

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?

Status: Active

Tomo last checked: 11/14/2024 at 2:25 PM

Listing updated: 10/10/2024 at 3:51 PM

Listed by: Valerie Fitzgerald, Coldwell Banker Realty Phone #: (310) 777-6200

MLS: CLAW #24416047

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