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$ 1,195,000
Est. payment | /mo
9,737 Sqft Lot
$ 1,195,000
Est. payment | /mo
9,737 Sqft Lot
Key Details
Property Type Vacant Land
Sub Type Unimproved Land
Listing Status Pending
Purchase Type For Sale
MLS Listing ID CL26657345
HOA Y/N No
Lot Size 9,737 Sqft
Acres 0.2235
Property Sub-Type Unimproved Land
Property Description
Perched high above the city in prime Beverly Hills, 1551 Summitridge Dr presents a rare opportunity to build a luxury view estate with sweeping city light to ocean views. Architectural plans are complete and ready to be issued for a newly designed approximately 2,700 sq ft contemporary luxury residence featuring 3 bedrooms. The design maximizes the panoramic views with expansive walls of glass, open-concept living spaces, and seamless indoor-outdoor flow tailored to the Beverly Hills hillside lifestyle. The scale is intentional, delivering a refined, high-end home without the inefficiencies of an oversized spec build.This is an ideal project for a developer seeking strong view-driven resale appeal or an end user who wants to fast-track construction with completed plans in place. Significant time and soft costs have already been absorbed in the planning process. Plans included in the sale and available upon request. The existing residence is a teardown and is being sold strictly for land value. Buyer to demolish at buyer's expense. SELLER IS OPEN TO FINANCING!
Location
State CA
County Los Angeles
Zoning LARE20
Interior
Fireplace No
Exterior
View Y/N true
View Canyon, City Lights, Other, Ocean
Building
New Construction No
Others
Tax ID 4355005015
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Listed by Shawn S. Kormondy • Keller Williams Beverly Hills
Nearby Locations
9030 BRENTWOOD BLVD, BRENTWOOD, California, 94513, United States