1140 Calle Vista Drive, Beverly Hills, California 90210, Beverly Hills, 90210 - 5 bed, 8 bath

1140 Calle Vista Drive, Beverly Hills, California 90210 home-pic-0
ACTIVE$26,000,000
1140 Calle Vista Drive, Beverly Hills, California 90210
5Beds
8Baths
13,600Sqft
48,799Lot

Price Vs. Estimate

The estimated value ($26,000,000) is $0 (0%) lower than the list price ($26,000,000). This property may be overpriced.

Key pros and cons

Top Pros:
Immediate Construction Readiness: Extensive site work, including grading, compacting, foundational enhancements, hillside stabilization, and basement foundation, is already completed, significantly reducing initial development time and costs.
Top Cons:
Substantial Additional Construction Costs: The property is a 'ready-to-build' site, requiring the buyer to finance and manage the entire construction of a 13,600 sq. ft. luxury estate, representing a significant financial commitment beyond the purchase price.

Compared to the nearby listings

Price:$26.00M vs avg $5.25M (+$20,750,000)94%
Size:13,600 sqft vs avg 3,967 sqft97%
Price/sqft:$1.9K vs avg $1.2K76%

More Insights

Condition: This property is a ready-to-build site with extensive groundwork, foundation, and permits already completed for a new 13,600 sq. ft. modern luxury estate. While not a finished home, the current state of development is brand new and represents the highest quality preparation for a new construction, ensuring the future property will meet excellent standards. The description highlights 'fully prepped for construction,' 'extensive site work already completed,' and 'approved permits' for an 'architectural masterpiece,' indicating an excellent foundation for a top-tier new build.
Year Built
Close
-
List price
$26M
Original List price
$32M
Price/Sqft
$1,912
HOA
-
Days on market
-
Sold On
-
MLS number
25493673
Home ConditionExcellent
Features
Excellent View: City Lights, Coastline, Mountain(s), Panoramic
Deck
Pool
Spa
Patio
ViewCity Lights,Coastline,Mountain(s),Panoramic

About this home

A RARE OPPORTUNITY TO COMPLETE AN ICONIC ESTATE: Nestled in one of the most exclusive enclaves in the world, 1140 Calle Vista Drive presents a once-in-a-lifetime opportunity to create a grand estate in the heart of Beverly Hills. Positioned on a 1.1 ACRE elevated lot, this exceptional property boasts PANORAMIC VIEWS stretching across the Beverly Hills skyline, Downtown Los Angeles, and the Pacific Ocean. READY-TO-BUILD ESTATE WITH APPROVED PLANS: The property is FULLY PREPPED FOR CONSTRUCTION, with EXTENSIVE SITE WORK ALREADY COMPLETED including OVER TWO YEARS OF GRADING, COMPACTING, AND FOUNDATIONAL ENHANCEMENTS. The HILLSIDE HAS BEEN STABILIZED WITH RETAINING WALLS, and landscape planting and irrigation are in place. The BASEMENT FOUNDATION AND PERIMETER WALLS HAVE BEEN COMPLETED, offering a seamless transition for the next owner to build immediately. A MAJOR ADVANTAGE of this site is the AVAILABILITY OF 3-PHASE POWER, a significant benefit that ensures superior electrical capacity, efficiency, and reliability ideal for powering a modern luxury estate with high-end appliances, advanced home automation, and extensive entertainment features. With APPROVED PERMITS in hand for a BREATHTAKING 13,600 sq. ft. ESTATE, construction can begin immediately. Additional design enhancements are currently under permit revision review, but building can proceed under the ALREADY APPROVED PLANS. A VISION OF MODERN LUXURY: This ARCHITECTURAL MASTERPIECE is designed for those who seek the pinnacle of luxury. The proposed estate features: 5 spacious bedrooms; A world-class wellness center with a spa, steam room, sauna, and an indoor pool; An entertainer's dream basement featuring a home theater, gym, and private lounges; An open-concept main level with seamless indoor-outdoor living, dining, and family areas; A grand second-floor primary suite spanning 1,700 sq. ft., offering unparalleled privacy and spectacular views. AN EXCLUSIVE AND EVOLVING NEIGHBORHOOD: Calle Vista Drive is renowned for its privacy, exclusivity, and tranquility. Many neighboring estates are undergoing magnificent transformations, further elevating the desirability of this prestigious address. Once complete, this estate will be part of a newly refined neighborhood of architectural masterpieces. A RARE AND VALUABLE OFFERING: Opportunities to build on a lot of this magnitude in Beverly Hills are exceedingly rare. With SITE PREPARATION COMPLETE, 3-PHASE POWER AVAILABLE, AND PERMITS SECURED, the new owner can step in and immediately bring this vision to life. Whether you choose to enhance the existing design or tailor the plans to your unique vision, 1140 Calle Vista Drive is ready to become your ultimate dream estate. AN EXTRAORDINARY LEGACY PROPERTY AWAITS. DON'T MISS THIS EXCLUSIVE OPPORTUNITY.

Nearby schools

9/10
West Hollywood Elementary School
Public,K-51.1mi
4/10
Rosewood Avenue Elementary School, School for Advanced Studies
Public,K-61.9mi
9/10
Wonderland Avenue Elementary School
Public,K-52.2mi
9/10
Warner Avenue Elementary School
Public,K-52.2mi
9/10
Fairburn Avenue Elementary School
Public,K-52.7mi
7/10
Canfield Avenue Elementary School
Public,K-53.0mi
5/10
Carthay Center Elementary
Public,K-53.1mi
8/10
Hawthorne Elementary School
Public,K-81.0mi
8/10
El Rodeo Elementary School
Public,K-81.8mi
8/10
Beverly Vista Elementary School
Public,K-82.0mi
8/10
Horace Mann Elementary School
Public,K-82.3mi
3/10
Hubert Howe Bancroft Middle School
Public,6-84.0mi
7/10
John Burroughs Middle School
Public,6-84.4mi
3/10
Daniel Webster Middle School
Public,6-84.6mi
7/10
Palms Middle School
Public,6-84.7mi
9/10
Beverly Hills High School
Public,9-122.1mi
7/10
Fairfax Senior High School
Public,9-122.7mi
6/10
Alexander Hamilton Senior High School
Public,9-124.2mi
6/10
University Senior High School Charter
Public,9-124.5mi
6/10
University Senior High School
Public,9-124.5mi
Condition Rating
Excellent

This property is a ready-to-build site with extensive groundwork, foundation, and permits already completed for a new 13,600 sq. ft. modern luxury estate. While not a finished home, the current state of development is brand new and represents the highest quality preparation for a new construction, ensuring the future property will meet excellent standards. The description highlights 'fully prepped for construction,' 'extensive site work already completed,' and 'approved permits' for an 'architectural masterpiece,' indicating an excellent foundation for a top-tier new build.
Pros & Cons

Pros

Immediate Construction Readiness: Extensive site work, including grading, compacting, foundational enhancements, hillside stabilization, and basement foundation, is already completed, significantly reducing initial development time and costs.
Approved Plans & Permits: Approved permits are in hand for a breathtaking 13,600 sq. ft. estate, allowing construction to begin immediately under existing plans, bypassing a lengthy and complex permitting process.
Unparalleled Panoramic Views: Positioned on an elevated 1.1-acre lot, the property boasts stunning panoramic views of the Beverly Hills skyline, Downtown Los Angeles, and the Pacific Ocean.
Exclusive Beverly Hills Location: Nestled in one of the most exclusive, private, and tranquil enclaves on Calle Vista Drive, a prestigious address undergoing significant transformation with neighboring luxury estates.
Advanced Infrastructure (3-Phase Power): The availability of 3-phase power provides superior electrical capacity, efficiency, and reliability, ideal for powering a modern luxury estate with high-end amenities and automation.

Cons

Substantial Additional Construction Costs: The property is a 'ready-to-build' site, requiring the buyer to finance and manage the entire construction of a 13,600 sq. ft. luxury estate, representing a significant financial commitment beyond the purchase price.
Extended Project Duration: Despite the advanced stage of site preparation and approved permits, completing a custom luxury estate of this scale will still entail a multi-year construction timeline, delaying occupancy.
Limited Immediate Utility: The property currently offers no habitable structure, meaning it cannot be occupied or generate rental income until the extensive construction project is fully completed.

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