12090 Summit Circle, Beverly Hills, California 90210, Beverly Hills, 90210 - 4 bed, 5 bath
ACTIVE UNDER CONTRACT$4,795,000
12090 Summit Circle, Beverly Hills, California 90210
4Beds
5Baths
4,217Sqft
15,129Lot
Year Built
1988
Close
-
List price
$4.79M
Original List price
$5M
Price/Sqft
$1,137
HOA
$1,550
Days on market
-
Sold On
-
MLS number
24434991
Home ConditionFair
Features
Pool
Spa
Patio
ViewCourtyard, Pool
About this home
Possibly Over-Priced:The estimated price is 28% below the list price. We found 3 Cons,5 Pros. Rank: price - $4.79M(43th), sqft - 4217(52th), beds - 4(45th), baths - 5(50th).
Price History
Date
Event
Price
03/21/11
Sold
$2,300,000
02/24/98
Sold
$1,450,000
Condition Rating
Fair
Built in 1988, the property is well-maintained but shows significant signs of aging in key areas. While the kitchen features good quality stainless steel appliances and granite countertops, the cabinet style and overall aesthetic are dated. The bathrooms, in particular, are very outdated with older tile work, vanities, and fixtures, requiring substantial renovation to meet modern standards. Other areas like flooring (carpets, older tiles) and some light fixtures also suggest the property has not undergone a full, recent renovation. It is functional but requires significant updates to align with contemporary luxury expectations.
Pros & Cons
Pros
Prestigious Location: Situated in the highly sought-after Beverly Hills 90210 area, offering an exclusive and desirable address.
Generous Lot Size: The property boasts a substantial 15,129 sqft lot, providing ample outdoor space and potential for landscaping or expansion.
Spacious Interior: With 4,217 sqft of living space, 4 bedrooms, and 5 bathrooms, the residence offers considerable room for comfortable living and entertaining.
Desirable Amenities: Features include a private pool and courtyard, enhancing the lifestyle appeal and providing excellent recreational opportunities.
Market Interest: Currently 'Active Under Contract,' indicating strong buyer interest and market demand for the property.
Cons
Significant Price Discrepancy: The current listing price is 28% higher than the estimated property value, suggesting it may be overpriced relative to market analytics.
Property Age: Built in 1988, the property may require significant updates or renovations to align with contemporary luxury standards and buyer expectations in this market.
High Association Fee: A monthly association fee of $1550 adds a substantial recurring cost to homeownership, which could deter some potential buyers.