4 months on rocket

1625 Summitridge Dr, Beverly Hills, CA, 90210

$39,950,000

7 Bedrooms
8 Full Baths, 3 Partial
19,000 SqFt
$2,103/SqFt
House

Location

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Property Highlights

Home TypeSingle Family Residence
ParkingCircular Driveway, Garage
Garage12 spaces
Year BuiltNew Const., 2023
HeatingCentral
BasementYes
FireplaceGreat Room, Library, Living Room, Primary Bedroom, Outside
ViewCity Lights, Canyon, Hills, Mountain(s), Ocean, Panoramic, Pool
MLS #24416047
Lot Size0.79 Acres
StatusActive

About 1625 Summitridge Dr

Welcome to this exclusive estate - gated and very private - located in Beverly Hills! This property is a rare find, with features that make it feel like a luxury resort where you can experience being on vacation every day. As you approach this amazing compound, a waterfall and lush landscaping welcomes you. As you enter the gated circular driveway, a large waterfall is in harmony with the swaying landscape. You can park 10 cars there easily. You will have many "moments" to experience, both indoor and outdoor, as you discover this 24,000-sf flat lot with so many luxurious amenities and details like the hand-tiled Balinese pool, spa and fire pit seating in the pool, as you take in the 180-degree city/ocean views. Entertain with the full outdoor kitchen and sprawling grassy yard to the outdoor dining area with a waterfall and fire pit, as you play day or evening sports/pickle ball. This magical estate also includes a wellness spa and gym with sliding floor-to-ceiling glass doors that open to the beautiful grounds and endless views. The main house spans approximately 16,000 square feet of luxury and detail; the variety of stones and woods are curated from Bali. Every room seems to flow together creating a unique and serene atmosphere. The "great room" has floor-to-ceiling sliding doors that provide breathtaking views while flowing to the dining room that can easily accommodate 20 guests. The stunning kitchen has every amenity and 12 ft center island with multiple seating areas. Off the entry, there is a stunning wood- and stone-paneled office with bar. There are two breathtaking primary suites with luxurious baths, closets and terraces to take in the views. There are 3 additional ensuite bedrooms and a huge outdoor deck that invites you to relax and enjoy the sunsets. Additionally, there's a 2-bedroom, 2-bathroom guest apartment with a kitchen and living room, and a huge theater with luxury seating and a wall-to-wall movie screen. The lounge and bar feature a tequila tasting room and a poker room, and a 2000-bottle wine cellar perfect for wine enthusiasts. The property also includes a 3000 square foot finished garage and a glass elevator. The total square footage of this estate is over 19,000 sf. This estate was built and designed by a top hospitality developer and is a very special property that will sell to a buyer who appreciates its uniqueness and luxury. Don't miss out on this once-in-a-lifetime opportunity to own your own private vacation resort in the heart of Beverly Hills!

Property Details

Property Features

Property Information:

  • Architectural Style: Modern
  • Year Built: 2023
  • Stories: 3
  • Living Area: 19,000 SqFt

Listing Office:

  • Office Name: Coldwell Banker Realty
  • Office Phone: (310) 777-6200
  • Listing Agent: Valerie Fitzgerald

Interior Features

Interior Information:

  • Appliances: Dishwasher, Disposal, Oven, Refrigerator
  • Basement: Yes
  • Flooring Type: Stone, Wood
  • Interior: Wet Bar, Breakfast Bar, Breakfast Area, Separate/Formal Dining Room, Elevator, High Ceilings, Open Floorplan, Bar, Dressing Area, Walk-In Pantry, Wine Cellar, Walk-In Closet(s)
  • Fireplace: Great Room, Library, Living Room, Primary Bedroom, Outside

Bedroom and Bathroom Information:

  • Partial Bathrooms: 3
  • Full Bathrooms: 8
  • Total Bedroom Count: 7

Exterior Features

Exterior Information:

  • View: City Lights, Canyon, Hills, Mountain(s), Ocean, Panoramic, Pool
  • Exterior: Fire Pit

Parking Information:

  • Garage Space: 12 spaces
  • Parking: Circular Driveway, Garage

Lot Features

Lot Information:

  • Lot Size: 0.79 Acres

Utilities

Utilities Information:

  • Heating: Central

Other

Directions Information:

  • Directions: Summit Drive Beverly Hills becomes Summitridge Drive Beverly Hills

Price Information

Listing Price Info

Price Summary:

  • List Price: $39,950,000
  • Price Per SqFt: $2,103/SqFt

Tax Information:

  • Annual Amount: $96,390
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Beverly Hills, CA.

Med. Sold Price

$3.2M

Med. Price/SqFt

$1,019

Avg. Days On Market

65

# of Sold Homes

31

1625 Summitridge Dr vs Beverly Hills

123 DAYS ON ROCKET

+58 Days

$39,950,000

+$36.7M More

$2,103/SqFt

+$1K More

KEY TAKEAWAY

This property is $36.7M more than the Median Sold Price and $1K/SqFt more than other homes in Beverly Hills, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #24416047

Listing Office:

  • Office Name: Coldwell Banker Realty
  • Office Phone: (310) 777-6200
  • Listing Agent: Valerie Fitzgerald

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) 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. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/17/2024, 12:20:55 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$96,390$8,116,322
2020$83,168$8,033,100
2019$82,762$7,003,040
2018$80,949$6,865,726
2017$80,949$6,731,105

History based on county public records data.

Payment Calculator

$199.4K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$119.8K

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-479764
9
/10
  • West Hollywood Elementary

  • 970 Hammond St

  • 2.05 miles

  • Public District Grades KG-5

school-card-donut-479765
8
/10
  • Warner Avenue Elementary

  • 615 Holmby Ave

  • 2.18 miles

  • Public District Grades KG-5

school-card-donut-479766
9
/10
  • Wonderland Avenue School

  • 8510 Wonderland Ave

  • 2.57 miles

  • Public District Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $179,755. Residents of Beverly Hills, CA typically earn $200k+ each year. The majority of families are married, no kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1625 Summitridge Dr

What is the listing price of this property?

The listing price of 1625 Summitridge Dr property is $39,950,000.

What type of property is this?

The property 1625 Summitridge Dr is a house located in Beverly Hills, California, 90210.

Is this property for sale now?

Active Listing: 1625 Summitridge Dr is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $96,390 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 1625 Summitridge Dr has 7 bedrooms and 8 full and 3 half bathrooms.

What is the square footage of this property?

The property 1625 Summitridge Dr is 19,000 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1625 Summitridge Dr is 2023.
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Rocket HomesCaliforniaLos Angeles CountyBeverly Hills902101625 Summitridge Dr

This home is located at 1625 Summitridge Dr in Beverly Hills, CA and zip code 90210 in the Beverly Crest neighborhood. This 19,000 square foot home, which was built in 2023, sits on a 0.79 acre lot. Features: 7 bedrooms, 11 bathrooms. It has been listed on Rocket Homes since July 16, 2024 and is currently priced at $39,950,000.

In October 2024 more than 5 listings in Beverly Hills, CA were sold above the asking price. During the same period more than 2 listings were sold at asking price, while more than 24 were sold below. In October 2024 in Beverly Hills, CA there were 12.9% more homes for sale than in September 2024. In October 2024, listings were on the market for 65 days. During the same period, the median list price in this real estate market was $3,211,000.

From Rocket Homes Real Estate and based on county public records data.

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