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$1,195,000
Est. payment /mo
9,735 Sqft Lot
UPDATED:
Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID 26657345
HOA Y/N No
Lot Size 9,735 Sqft
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
Area C02 - Beverly Hills Post Office
Zoning LARE20
Interior
Fireplace No
Exterior
View Y/N Yes
View City Lights, Coastline, Canyon, Ocean
Building
New Construction No
Others
Senior Community No
Tax ID 4355005015
Special Listing Condition Standard
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Listed by Shawn S. Kormondy Keller Williams Beverly Hills #01451888
NEARBY SCHOOL & BUSINESS
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