FireplaceGreat Room, Library, Living Room, Primary Bedroom, Outside
ViewCity Lights, Canyon, Hills, Mountain(s), Ocean, Panoramic, Pool
MLS #23329849
Lot Size0.79 Acres
StatusAccepting Backup Offers (Active Under Contract)
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!
This property is $42.9M more than the Median Sold Price and $1.3K/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: #23329849
Listing Office:
Office Name: Coldwell Banker Realty
Office Phone: (310) 777-6200
Listing Agent: Valerie Fitzgerald
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, 11:25:19 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
Tax History
YEAR
PROP. TAX
ASSESSMENT
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
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$229.4K
Per Month
Principal & Interest
$229.3K
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$137.8K
Powered By
Advertisement
NMLS#3030
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.
Elementary School
9
/10
Warner Avenue Elementary School
615 Holmby Ave
Distance between this listing and this school2.20 miles
Public District Grades KG-5
8
/10
Melrose Avenue Elementary School
731 N Detroit St
Distance between this listing and this school4.44 miles
Public Magnet Grades KG-6
9
/10
Academy For Enriched Sciences
6170 Lockhurst Dr
Distance between this listing and this school14.16 miles
Public Magnet Grades 1-5
Middle School
6
/10
Ralph Waldo Emerson Middle School
1650 Selby Ave
Distance between this listing and this school3.25 miles
Public District Grades 6-8
4
/10
Studio
2211 W Avenue 30
Distance between this listing and this school10.55 miles
Public District Grades 6-8
High School
5
/10
University Senior High School
11800 Texas Ave
Distance between this listing and this school4.31 miles
Public Magnet Grades 9-12
8
/10
Daniel Pearl Journalism & Communications Magnet
6649 Balboa Blvd
Distance between this listing and this school7.86 miles
Public Magnet Grades 9-12
8
/10
Math, Science, & Technology Magnet Academy at Roosevelt High School
456 S Mathews St
Distance between this listing and this school12.70 miles
Public Magnet Grades 9-12
Assigned Schools
9
/10
Warner Avenue Elementary School
615 Holmby Ave
Distance between this listing and this school2.20 miles
Public District Grades KG-5
8
/10
Melrose Avenue Elementary School
731 N Detroit St
Distance between this listing and this school4.44 miles
Public Magnet Grades KG-6
9
/10
Academy For Enriched Sciences
6170 Lockhurst Dr
Distance between this listing and this school14.16 miles
Public Magnet Grades 1-5
Assigned Schools
6
/10
Ralph Waldo Emerson Middle School
1650 Selby Ave
Distance between this listing and this school3.25 miles
Public District Grades 6-8
4
/10
Studio
2211 W Avenue 30
Distance between this listing and this school10.55 miles
Public District Grades 6-8
Nearby Schools
8
/10
Hawthorne Elementary School
624 N Rexford Dr
Distance between this listing and this school1.69 miles
Public District Grades KG-8
Assigned Schools
5
/10
University Senior High School
11800 Texas Ave
Distance between this listing and this school4.31 miles
Public Magnet Grades 9-12
8
/10
Daniel Pearl Journalism & Communications Magnet
6649 Balboa Blvd
Distance between this listing and this school7.86 miles
Public Magnet Grades 9-12
8
/10
Math, Science, & Technology Magnet Academy at Roosevelt High School
456 S Mathews St
Distance between this listing and this school12.70 miles
The neighbors living near this home have an average income of $179,755. Most Beverly Hills, CA residents have annual incomes $200k+. The majority of families are married, no kids. The majority of residents in this area have post secondary degree education.
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 $45,950,000.
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?
Accepting Backup Offers: 1625 Summitridge Dr is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.
What are the assigned schools for this property?
The assigned schools for 1625 Summitridge Dr are: Warner Avenue Elementary School: GreatSchools Rating 9/10Melrose Avenue Elementary School: GreatSchools Rating 8/10Academy For Enriched Sciences: GreatSchools Rating 9/10Ralph Waldo Emerson Middle School: GreatSchools Rating 6/10Studio: GreatSchools Rating 4/10University Senior High School: GreatSchools Rating 5/10Daniel Pearl Journalism & Communications Magnet: GreatSchools Rating 8/10Math, Science, & Technology Magnet Academy at Roosevelt High School: GreatSchools Rating 8/10
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.
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
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 November 09, 2023 and is currently priced at $45,950,000.
In March 2024, from all listings sold in Beverly Hills, CA there were more than 5 sold above asking price, over 24 sold below and more than 1 were sold right at the asked price. The inventory of homes for sale in Beverly Hills, CA between February 2024 and March 2024 increased by 16%. While the average time on the market in March 2024 was 47 days, the median list price was $3,005,000.
From Rocket Homes Real Estate and based on county public records data.
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. 
Men's Tennis
Men's Tennis
Skiing/snowboarding
Bloomingdales
Nordstrom
Brooks Brothers
Bonefish Grill
California Pizza Kitchen
Qdoba
Lexus
BMW
Acura
News
Talk/Personality
Sports