6 months on rocket

1024 Summit Dr, Beverly Hills, CA, 90210

$19,950,000

7 Bedrooms
7 Full Baths, 2 Partial
12,000 SqFt
$1,663/SqFt
House
Schools Nearby

Location

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Property Highlights

Home TypeSingle Family Residence
ParkingDriveway, Garage, Gated, Private
Garage9 spaces
Year Built1924
HeatingCentral
CoolingCentral Air
FireplaceFamily Room, Living Room, Primary Bedroom, See Through
ViewCity Lights, Hills, Pool
Private PoolYes
MLS #23319949
Lot Size0.97 Acres
StatusActive

About 1024 Summit Dr

Nestled on an exclusive street in Beverly Hills, this magnificent estate commands attention as you approach it via a winding, private and gated drive. Mere moments from the bustling heart of Sunset Blvd., it combines the convenience of Beverly Hills with the serene seclusion of a gated compound. Crafted by the renowned architect, William S. Beckett, this contemporary masterpiece has been graced by cultural icons and industry titans throughout its storied history. Following an extensive restoration in 2012, the property now stands as a haven for entertainers. The interior boasts grandeur with its soaring ceilings, floor-to-ceiling glass windows, and exquisite walls adorned with wood, stone, and pristine white porcelain tile. A Crestron smart home system, complete with built-in speakers throughout, enhances the living experience. The expansive gourmet chef's kitchen, accompanied by a separate prep kitchen, game room, wine cellar, and state-of-the-art home theater, ensures that every desire is catered to. The primary suite indulges with two colossal walk-in closets, a private deck featuring a jacuzzi, and sweeping vistas of Beverly Hills. The outdoor oasis encompasses a generous tiled patio, a tranquil Zen garden, a poolside pavilion, a built-in bar and grill, and a stunning glass-walled pool and spa, all set on just under an acre of perfectly flat land. Replete with opulent finishes, this trophy estate represents the pinnacle of luxury real estate.

Property Details

Property Features

Property Information:

  • Architectural Style: Contemporary
  • Year Built: 1924
  • Stories: 2
  • Living Area: 12,000 SqFt

Listing Office:

  • Office Name: Douglas Elliman of California, Inc.
  • Office Phone: (310) 819-3250
  • Listing Agent: Joshua Altman

Interior Features

Interior Information:

  • Appliances: Dishwasher, Oven, Range, Refrigerator, Range Hood
  • Flooring Type: Tile, Wood
  • Interior: High Ceilings, Recessed Lighting, Bar, Dressing Area, Wine Cellar, Walk-In Closet(s)
  • Fireplace: Family Room, Living Room, Primary Bedroom, See Through

Bedroom and Bathroom Information:

  • Partial Bathrooms: 2
  • Full Bathrooms: 7
  • Total Bedroom Count: 7

Exterior Features

Exterior Information:

  • Private Pool: Yes
  • View: City Lights, Hills, Pool

Parking Information:

  • Garage Space: 9 spaces
  • Parking: Driveway, Garage, Gated, Private

Lot Features

Lot Information:

  • Lot: Back Yard, Front Yard, Lawn
  • Lot Size: 0.97 Acres

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • Beverly Hills High School, Public District Grades 9-12

Other

Directions Information:

  • Directions: On Summit Dr just off of Benedict Canyon

Price Information

Listing Price Info

Price Summary:

  • List Price: $19,950,000
  • Price Per SqFt: $1,663/SqFt

Tax Information:

  • Annual Amount: $143,088
  • Tax Year: 2021
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Housing Market Comparison

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

Med. Sold Price

$3.0M

Med. Price/SqFt

$1,034

Avg. Days On Market

47

# of Sold Homes

30

1024 Summit Dr vs Beverly Hills

192 DAYS ON ROCKET

+145 Days

$19,950,000

+$16.9M More

$1,663/SqFt

+$628 More

KEY TAKEAWAY

This property is $16.9M more than the Median Sold Price and $628/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: #23319949

Listing Office:

  • Office Name: Douglas Elliman of California, Inc.
  • Office Phone: (310) 819-3250
  • Listing Agent: Joshua Altman

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: 4/27/2024, 6:25:19 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Apr 26, 2013Home Sold
$10,600,000
Apr 25, 2012Home Sold
$7,700,000

Tax History

YEARPROP. TAXASSESSMENT
2021$143,088$12,059,083
2020$138,963$11,935,433
2019$133,485$11,701,406
2018$130,331$11,471,968
2017$130,331$11,247,029

History based on county public records data.

Payment Calculator

$99.6K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$59.8K

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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.

High School

school-card-donut-1479912
9
/10
  • Beverly Hills High School

  • 241 S Moreno Dr

  • 1.75 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $221,836. Residents of Beverly Hills, CA typically earn $200k+ each year. Residents typically live in married, no kids family. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1024 Summit Dr

What is the listing price of this property?

The listing price of 1024 Summit Dr property is $19,950,000.

What type of property is this?

The property 1024 Summit Dr is a house located in Beverly Hills, California, 90210.

Is this property for sale now?

Active Listing: 1024 Summit Dr is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 1024 Summit Dr are:
Beverly Hills High School: GreatSchools Rating 9/10

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $143,088 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on April 26, 2013 for $10,600,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 1024 Summit Dr has 7 bedrooms and 7 full and 2 half bathrooms.

What is the square footage of this property?

The property 1024 Summit Dr is 12,000 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1024 Summit Dr is 1924.
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Rocket HomesCaliforniaLos Angeles CountyBeverly Hills902101024 Summit Dr

This home is located at 1024 Summit Dr in Beverly Hills, CA and zip code 90210 in the The Westside neighborhood. This 12,000 square foot home, which was built in 1924, sits on a 0.97 acre lot. Features: 7 bedrooms, 9 bathrooms. It has been listed on Rocket Homes since October 18, 2023 and is currently priced at $19,950,000.

Over 5 listings were sold over their listed price in March 2024 in Beverly Hills, CA. In the same period over 24 listings were sold below the listed price and 1 listings were sold for the listed price. In March 2024 in Beverly Hills, CA there were 16% more homes for sale than in February 2024. The median list price of listings available in March 2024 was $3,005,000, while the average time on the real estate market was 47 days.

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

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