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$6,249,000

Beds
5
Baths
6.0
sq ft
5,404

1648 Summitridge Dr, Beverly Hills, CA 90210

1648 Summitridge Dr

Beverly Hills, CA 90210

  • 2 days on market
    • Price drop $146,000↓
    • Open house Jul 02
Do not delay or hesitate to submit an offer! 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, sprawling cityscape, and the iconic high-rises of downtown Los Angeles. 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. A glass-paned pivot door leads into the light-filled foyer as generous walls of glass welcome the sun's rays inside. Interiors highlight striking vistas beyond, with large picture windows framing beautiful scenery from every room. The dining room features exposed beams and accordion doors to the outside for excellent indoor/outdoor flow. The kitchen has a waterfall island, quartz counters, abundant cabinetry, and state-of-the-art appliances including Viking double oven, Bertazzoni cooktop with hood, and a custom refrigerator. There is also an adjacent breakfast nook with French doors to the main-level terrace. The living room is appointed with a fireplace and curved windows framing blue skies. Downstairs, a family room and game room is perfect for entertaining and enjoying time with friends and family, complete with wine storage. Outside, lounge with guests and dine al-fresco from your new vantage point overlooking it all. The primary suite is spacious and has a fireplace, balcony, and bathroom with dual-sink vanity, rainwater shower, and pedestal soaking tub. The walk-in closet has been fitted with custom built-ins to organize any wardrobe. Secondary bedrooms and bathrooms are bright and include on-trend fixtures and finishes. There is also an office for work, study, and play. 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. Escape the rush of modern life by relaxing under a mature shade tree aside a calming water feature. A fresh lifestyle awaits on one of the best streets just moments to Beverly Hills proper and the numerous offerings of the Westside. Plans for an infinity pool will be delivered RTI (ready to issue) with the sale.

Details

Property type

Single Family Residence

Est. home value

$4,892,750

Lot size

1.2389 acres

Price per sq ft

$1,157

Year built

Unknown

HOA

No

Price History

06/28/2024
CLAW

CLAW #24409405

Price change
$6,249,000
-2.28%
06/28/2024
CLAW

CLAW #24409405

Listed
$6,395,000
+107.63%
02/01/2023
CLAW

CLAW #22202769

Sold
$3,080,000

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?

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Status: Active

Tomo last checked: 07/01/2024 at 7:50 AM

Listing updated: 06/28/2024 at 4:35 PM

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

MLS: CLAW #24409405

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