Description
Views, Privacy, Development Opportunity and Live In now. 5 BR, 7 Bath 6,378sf early 2000 updated estate on a 91,000sf lot zoned RE15 in one of the tony Beverly Hills locations off North Beverly Drive. Nearly 300 degree views of Downtown to Santa Monica located at the end of a quiet cul-de-sac street. Investment opportunity, Development Phase 1: Seller has city approved plans with permit RTI for approx 11,300 SF estate with 5 car garage with approx 1,200 SF guesthouse. The plans incorporate all amenities for the house having 8 BR, 12 BA, 3 kitchens, gym, saunas/steam, office/library, 20 FT high ceilings, 2 laundry rooms, wine chamber, stadium theater, large masterbedroom with separate his and her bathrooms, infinity pool and spacious backyard. Development Phase 2: Seller hired Expert Expediter who has received verbal indication from the city of Beverly Hills that lot split is allowed. Seller has preliminary plans for a lot split of the land with a hillside 15,000 SF house on the second lot which you would own free after securing a legal lot split. New construction home just completed above is on the market for $30+ million. court confirmation of sale required.
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5BEDS
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2.1ACRES
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7BATHS
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01/2 BATHS
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6,378SQFT
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$1,145$/SQFT
School Information
Description
Views, Privacy, Development Opportunity and Live In now. 5 BR, 7 Bath 6,378sf early 2000 updated estate on a 91,000sf lot zoned RE15 in one of the tony Beverly Hills locations off North Beverly Drive. Nearly 300 degree views of Downtown to Santa Monica located at the end of a quiet cul-de-sac street. Investment opportunity, Development Phase 1: Seller has city approved plans with permit RTI for approx 11,300 SF estate with 5 car garage with approx 1,200 SF guesthouse. The plans incorporate all amenities for the house having 8 BR, 12 BA, 3 kitchens, gym, saunas/steam, office/library, 20 FT high ceilings, 2 laundry rooms, wine chamber, stadium theater, large masterbedroom with separate his and her bathrooms, infinity pool and spacious backyard. Development Phase 2: Seller hired Expert Expediter who has received verbal indication from the city of Beverly Hills that lot split is allowed. Seller has preliminary plans for a lot split of the land with a hillside 15,000 SF house on the second lot which you would own free after securing a legal lot split. New construction home just completed above is on the market for $30+ million. court confirmation of sale required.
Based on information from California Regional Multiple Listing Service, Inc. as of 2021-01-22T10:25:52.45. 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 deemed reliable but is not guaranteed accurate by the MLS or Jessica Foote & Associates. Licensed in the State of California, USA.