1489 Stebbins Terrace, Los Angeles, California 90069, Los Angeles, 90069 - 3 bed, 4 bath

1489 Stebbins Terrace, Los Angeles, California 90069 home-pic-0
ACTIVE$5,000,000
1489 Stebbins Terrace, Los Angeles, California 90069
3Beds
4Baths
3,564Sqft
6,977Lot
Year Built
2016
Close
-
List price
$5M
Original List price
$5M
Price/Sqft
$1,403
HOA
-
Days on market
-
Sold On
-
MLS number
OC25037739
Home ConditionExcellent
Features
Excellent View: City Lights, Hills, Panoramic, Pool
Deck
Pool
ViewCity Lights,Hills,Panoramic,Pool

About this home

Possibly Over-Priced:The estimated price is 14% below the list price. We found 3 Cons,5 Pros. Rank: price - $5.00M(67th), sqft - 3564(64th), beds - 3(50th), baths - 4(50th).

Welcome to 1489 Stebbins Terrace, a 3,564 sq. ft. architectural triumph nestled on a quiet cul-de-sac in the exclusive Lower Sunset Plaza enclave. Designed by the visionary Melanie Mar Design, this custom-built contemporary estate is a livable work of art, masterfully crafted to embrace its spectacular hillside perch while offering breathtaking, panoramic city views from every vantage point. Just moments from the vibrant Sunset Strip, yet tucked away in complete privacy, this home is a seamless blend of bold sophistication and effortless luxury. Inside, soaring ceilings and dramatic, yet refined interiors create an ambiance of grandeur, while Fleetwood pocket doors disappear, dissolving the boundaries between indoor and outdoor living. Walls of glass frame jaw-dropping cityscape vistas, ensuring a constant connection to the world below. Designed for those who love to entertain, the outdoor spaces are nothing short of extraordinary—a sprawling dining deck with a mesmerizing fire feature, a saltwater infinity pool seemingly spilling into the skyline, and an expansive 700 sq. ft. covered view deck complete with a built-in bar and fire pit. Every detail is designed for effortless luxury, with state-of-the-art automation controlling the fireplace, pool, gated entry, and Sonos sound system at the touch of a button. This is more than just a home—it’s an experience, a statement, and an escape. Welcome to your private sanctuary above the city.

Price History

Date
Event
Price
03/04/16
Sold
$7,500,000
Condition Rating
Excellent

This property, built in 2016, is a custom-designed contemporary estate that is virtually new. The images showcase a pristine, high-end modern aesthetic throughout. The kitchen features sleek flat-panel cabinetry, high-end integrated stainless steel appliances, and a large island with a waterfall edge. Bathrooms are equally luxurious with modern vanities, fixtures, and spacious walk-in showers. Hardwood flooring, contemporary lighting, and state-of-the-art automation further confirm its excellent condition, meeting current quality standards with no deferred maintenance.
Pros & Cons

Pros

Panoramic City Views: The property boasts breathtaking, panoramic city views from every vantage point, including city lights, hills, and the pool, significantly enhancing its desirability and value.
Modern Architectural Design & New Construction: Custom-built in 2016 by Melanie Mar Design, this contemporary estate offers a modern aesthetic, high-end finishes, soaring ceilings, and a 'livable work of art' feel.
Exceptional Indoor-Outdoor Living & Entertainment: Features like Fleetwood pocket doors, a saltwater infinity pool, sprawling dining deck with a fire feature, and an expansive 700 sq. ft. covered view deck with a built-in bar and fire pit create an unparalleled entertaining environment.
Exclusive & Private Location: Situated on a quiet cul-de-sac in the prestigious Lower Sunset Plaza enclave, the property offers privacy while being moments from the vibrant Sunset Strip.
State-of-the-Art Smart Home Automation: Integrated automation controlling the fireplace, pool, gated entry, and Sonos sound system provides modern convenience and a luxurious living experience.

Cons

Significant Price Discrepancy: The current list price of $5,000,000 is considerably lower than its last recorded sale price of $7,500,000 in 2016, which could raise questions about market value, previous overvaluation, or potential challenges in the current market.
Limited Bedroom Count for Price Point: With 3 bedrooms for a 3,564 sq. ft. luxury estate, the bedroom count may be considered modest compared to similar properties in this price range and size, potentially narrowing the buyer pool.
Hillside Property Considerations: While offering spectacular views, its 'hillside perch' location may imply steeper access, potential for complex foundation/retaining wall maintenance, and specific landscaping challenges inherent to such terrain.

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