tomo logo

$5,995,000

Beds
5
Baths
6.0
sq ft
5,404

1648 Summitridge Dr, Beverly Hills, CA 90210

1648 Summitridge Dr

Beverly Hills, CA 90210

  • 63 days on market
Presenting a newly completed, extensively remodeled estate offering multiple outdoor spaces and hillside gardens, perfectly positioned on ~1.24 acres to showcase brilliant, sweeping, jetliner views of the Pacific Ocean, canyons, hills, and the iconic high-rises of DTLA. Secluded on all sides, the property provides a true sense of serenity, tranquility, and isolation. Through a gate and down a long private driveway, guests arrive into an expansive motor court as carefully manicured landscaping lines the way. With sweeping vistas from nearly every room and multiple lounging decks and terraces, this spacious five-bedroom, seven-bath floor plan is the ideal setting for entertaining. Atop the three-car garage rests a one-bedroom ADU with full kitchen, side balcony, and bath, perfect for additional income or enjoyment of guests. Approved plans for an infinity pool will be delivered RTI upon close of escrow. Proposals have been received for the infinity pool along with a timeline; please inquire for more info!

Details

Property type

Single Family Residence

Est. home value

$4,892,750

Lot size

1.2389 acres

Price per sq ft

$1,110

Year built

Unknown

HOA

No

Price History

09/19/2024
CLAW

CLAW #24409405

Removed
$6,249,000
+4.24%
09/19/2024
CLAW

CLAW #24442031

Listed
$5,995,000
-4.06%
06/28/2024
CLAW

CLAW #24409405

Price change
$6,249,000
-2.28%

Schools & Community

Neighborhood: 

Beverly Glen

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

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

Bahram Ghalill

Loan start date

June 2022

Original loan amount

$3,000,000

Est. remaining balance

Not provided

Interest rate

5.11%

Loan type

Commercial

Seller

Shahram Ghalili and Ester Ghalili

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?

Similar Homes Nearby

CLAW
$6,250,000
5 bd
|
5.5 ba
|
5,455 sq ft
|
House

2207 Bowmont Dr, Beverly Hills, CA 90210

Price drop
CLAW
$5,250,000
5 bd
|
7 ba
|
4,926 sq ft
|
House

2547 Hutton Dr, Beverly Hills, CA 90210

A home in Beverly HillsCLAW
$5,950,000
5 bd
|
5.5 ba
|
4,945 sq ft
|
House

1214 Beverly View Dr, Beverly Hills, CA 90210

Status: Active

Tomo last checked: 11/22/2024 at 1:30 AM

Listing updated: 11/14/2024 at 12:25 PM

Listed by: Sally Forster Jones, Compass Phone #: (310) 230-5478

MLS: CLAW #24442031

CLAW logo

Recently listed in Beverly Hills