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$14,950,000

Beds
6
Baths
9.0
sq ft
7,929

1748 Correa Way, Los Angeles, CA 90049

1748 Correa Way

Los Angeles, CA 90049

  • 140 days on market
    • Price drop $1,000,000↓
PRICE IMPROVEMENT. Reduced by $1M, priced well below replacement cost. Exceptional value, unmatched opportunity. Welcome to the pinnacle of sophisticated living in a home designed for both today and future generations. This private gated estate is situated on just under an acre in the heart of lower Mandeville Canyon, on a cul-de-sac with stunning tree and city vistas in the distance. Enter through the courtyard to find this modern, Paul Williams-inspired residence with high ceilings, wide-plank wood flooring, and picture windows letting in lots of light. Multiple French doors open to expansive lounge areas, ideal for the quintessential California indoor/outdoor lifestyle. The upper family quarters limestone-clad outdoor living room with fire pit and great vista views provides an exceptional space for entertaining. The enormous open-plan kitchen, perfect for culinary enthusiasts, features custom European white oak cabinetry, marble countertops, and dual-sealed prep islands, seamlessly connecting to the breakfast area with views of the lush grounds. Two luxurious primary suites, one on each level, offer ultimate tranquility with floating vanities, soaking tubs, and showroom-style dressing rooms. The sprawling, manicured grounds feature a saltwater pool, a Hollywood Regency pool cabana, comfortable lounge areas, and a vast lawn ideal for relaxation, entertaining, and family gatherings. A 13-car motor court, rose garden, and private courtyard provide ample space for both grand events and intimate moments. Rarely does a property like this come to market, checking every box for unparalleled luxury, safety, privacy, and timeless design. Located just minutes from award-winning schools, fine dining, and hiking trails, this gem of an estate offers the ultimate living experience in one of L.A.'s most coveted neighborhoods.

Details

Property type

Single Family Residence

Est. home value

$10,816,347

Lot size

0.9436 acres

Price per sq ft

$1,886

Year built

Unknown

HOA

No

Price History

12/05/2024
CLAW

CLAW #24424371

Price change
$14,950,000
-6.27%
10/03/2024
CLAW

CLAW #24424371

Price change
$15,950,000
-8.83%
08/07/2024
CLAW

CLAW #24374757

Removed
$17,495,000
+6.06%

Schools & Community

Neighborhood: 

Brentwood

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

Genesis Capital Llc

Loan start date

March 2024

Original loan amount

$11,375,000

Est. remaining balance

Not provided

Interest rate

Not provided

Loan type

Commercial

Seller

Westridge Partners 100 Llc and Brentwood 1000 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: 12/26/2024 at 1:00 PM

Listing updated: 12/08/2024 at 6:00 PM

Listed by: Gary Glass, Christie's International Real Estate SoCal Phone #: (310) 893-6223

MLS: CLAW #24424371

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