1690 Summitridge Drive, Beverly Hills

$4,995,000

10 Beds
15 Baths
0 Sqft
138,305 Lot Sqft
0 Garages

Remarkable development opportunity on tremendous apx. 3.17 acre lot with apx. 376 feet of frontage. Located on a pinnacle lot just above Beverly Hills, this property offers stunning jetliner views of the span of the Los Angeles basin from Downtown L.A. to Century City. Shovel ready with completed and approved plans and fully paid permits to build an apx. 30,000 sq.ft. Contemporary home. The current codes and ordinances would not allow for a structure of this size to be built on this lot, but these approved plans for a 30,000 sq.ft. house have been grandfathered in, which adds incredible value to this property. The plans for the house include 10 bedrooms, 15 bathrooms, two passenger elevators, car elevator and lower level auto gallery with parking for 20 cars. The chance of a lifetime to build the newest iconic estate in the prime hills of Los Angeles. This property is also available to be built-out and completed by the Seller at a listing price of $49,500,000.

Essential Information
MLS® #19469026
Price$4,995,000
Bedrooms10
Bathrooms15.00
Full Baths15
Lot Sqft138,305
Acres3.18
Year Built2019
TypeResidential
Sub-TypeSingle Family
StyleContemporary
StatusActive
No of Units1
Community Information
Address1690 Summitridge Drive
CityBeverly Hills
CountyLos Angeles
StateCA
Zip Code90210
Area

Beverly Hills Post Office (C02)

Amenities
ParkingOther
Has PoolYes
PoolSee Remarks
View

Panoramic View, City Lights View, Canyon View

Interior
HeatingSee Remarks
CoolingSee Remarks
FireplacesNone
# of Stories4
Additional Information
Date ListedMay 22nd, 2019
Days on Market29
ZoningLARE40
HOA Fees0.00
Listing Details
AgentJade Mills(00526877)
OfficeColdwell Banker Residential Br
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Based on information from California Regional Multiple Listing Service, Inc. as of June 24th, 2019 at 3:48am CDT. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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