12417 Mulholland Drive, Beverly Hills, California 90210, Beverly Hills, 90210 - 3 bed, 4 bath

12417 Mulholland Drive, Beverly Hills, California 90210 home-pic-0
ACTIVE$3,495,000
12417 Mulholland Drive, Beverly Hills, California 90210
3Beds
4Baths
2,762Sqft
27,443Lot
Year Built
1946
Close
-
List price
$3.5M
Original List price
$3.5M
Price/Sqft
$1,265
HOA
-
Days on market
-
Sold On
-
MLS number
25528087
Home ConditionExcellent
Features
Excellent View: Canyon
Deck
Pool
Patio
ViewCanyon

About this home

Possibly Over-Priced:The estimated price is 20% below the list price. We found 3 Cons,6 Pros. Rank: price - $3.50M(34th), sqft - 2762(26th), beds - 3(24th), baths - 4(38th).

This beautifully renovated Robert Byrd original is perched on a private, tree-lined street just off iconic Mulholland Drive, offering tranquility and exclusivity while still boasting awe-inspiring 180-degree city and canyon views from both sides of the home. Set on a private road shared with only three homes, this single-story East Hampton Traditional seamlessly combines timeless design with modern living. The expansive living room, featuring cathedral-beamed ceilings and a stacked stone fireplace, flows effortlessly into a light-filled family room with walls of glass that open to an inviting entertaining deck. The stunning contemporary chef's kitchen, complete with state-of-the-art appliances, custom cabinetry, and Caesarstone countertops, opens to the formal dining room, creating the perfect layout for gatherings. The spacious primary suite offers a cozy stone fireplace, a luxurious en-suite bathroom with an oversized glass-enclosed shower, and tranquil views. Additional accommodations include a generous en-suite guest room and a private en-suite maid's room or office. Renovated in 2018, the home features exposed vaulted wood-beam ceilings, hardwood floors throughout, three fireplaces, and updated major systems. Outdoor living is reimagined with a brand-new sparkling pool, multiple dining patios with a gas fire feature, a custom BBQ area, a grassy side yard, terraced hillside gardens with fruit trees, and lushly landscaped private spaces. The property also includes a detached three-car garage and a motor court with space for 6-8 vehicles. With unparalleled privacy, breathtaking views, and access to nearby hiking trails, this home is a serene oasis that truly embodies the best of California living.

Price History

Date
Event
Price
07/15/21
Sold
$3,143,000
06/05/18
Sold
$2,740,000
09/04/15
Sold
$1,525,000
07/18/06
Sold
$1,862,500
Condition Rating
Excellent

Despite being built in 1946, this property underwent an extensive and high-quality renovation in 2018, bringing all major components to a virtually new standard. The kitchen features state-of-the-art stainless steel appliances, custom white cabinetry, and Caesarstone countertops, presenting a stunning contemporary chef's space. Bathrooms are luxurious with modern fixtures, glass-enclosed showers, and high-end finishes. Hardwood floors are present throughout, and major systems have been updated. The property shows no signs of deferred maintenance and includes a brand-new pool, aligning with the 'Excellent' criteria for a recently and thoroughly renovated home.
Pros & Cons

Pros

High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 27443, living area = 2762.
Prime Location & Exclusivity: Perched on a private, tree-lined street just off iconic Mulholland Drive, this property offers unparalleled tranquility and exclusivity, shared with only three homes.
Breathtaking Panoramic Views: The home boasts awe-inspiring 180-degree city and canyon views from both sides, providing a highly desirable and valuable aesthetic.
High-Quality Recent Renovation: Extensively renovated in 2018, the property seamlessly blends timeless design with modern living, featuring a stunning contemporary chef's kitchen with state-of-the-art appliances and updated major systems.
Luxurious Outdoor Living & Amenities: Outdoor spaces are reimagined with a brand-new sparkling pool, multiple dining patios with a gas fire feature, a custom BBQ area, and terraced gardens, creating a resort-like environment.
Ample Parking & Garage: The property includes a detached three-car garage and a motor court with space for 6-8 vehicles, a significant advantage in the hills.

Cons

Significant Price Discrepancy: The listing price of $3.495M is 20% higher than the automated property estimation of $2.765M, which may indicate potential overpricing or a challenge in justifying value to data-driven buyers.
Age of Original Structure: Despite a comprehensive renovation in 2018, the original build year of 1946 might raise concerns for some buyers regarding the long-term integrity of foundational elements or systems not explicitly updated.
Limited Bedroom Count for Price Point: For a property in this prestigious Beverly Hills location and price range, 3 bedrooms may be considered limited by some prospective buyers seeking more extensive family accommodations, especially given the large lot size.

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