1561 Clear View Drive, Beverly Hills, California 90210, Beverly Hills, 90210 - 4 bed, 5 bath

1561 Clear View Drive, Beverly Hills, California 90210 home-pic-0
ACTIVE$3,450,000
1561 Clear View Drive, Beverly Hills, California 90210
4Beds
5Baths
2,662Sqft
9,797Lot
Year Built
1966
Close
-
List price
$3.45M
Original List price
$4.2M
Price/Sqft
$1,296
HOA
-
Days on market
-
Sold On
-
MLS number
25482941
Home ConditionExcellent
Features
Good View:
Patio
View

About this home

Possibly Over-Priced:The estimated price is 22% below the list price. We found 3 Cons,6 Pros. Rank: price - $3.45M(34th), sqft - 2662(23th), beds - 4(45th), baths - 5(50th).

SELLER MOTIVATED! Gated estate! Nestled behind a private gate on a quiet drive, this impeccably renovated home boasts 4 bedrooms, 4.5 bathrooms and a shaded, Zen-inspired backyard in the world's most coveted zip code. Natural light, white oak floors and a floating staircase greet you as you enter a mid-century modern marvel. Continue past the wine cellar to an airy open concept with vaulted ceilings, recessed lighting, in-ceiling speakers and verdant garden views. Gourmet kitchen features bold marble counters, a waterfall island and top of the line appliances, and opens to sunny family room. Treetop views from serene primary suite. Bonus room can serve as a home office or playroom. Two car garage features a full bathroom for easy ADU conversion. Located in the top rated Warner School District and only minutes from the Beverly Hills Hotel, this is LA living at its finest.

Nearby schools

9/10
Warner Avenue Elementary School
Public,K-52.1mi
9/10
Roscomare Road Elementary School
Public,K-52.2mi
9/10
West Hollywood Elementary School
Public,K-52.7mi
9/10
Wonderland Avenue Elementary School
Public,K-53.2mi
8/10
Hawthorne Elementary School
Public,K-82.3mi
8/10
El Rodeo Elementary School
Public,K-82.5mi
6/10
Walter Reed Middle School
Public,6-84.5mi
2/10
Van Nuys Middle School
Public,6-84.9mi
3/10
Hubert Howe Bancroft Middle School
Public,6-85.6mi
9/10
Beverly Hills High School
Public,9-122.9mi
6/10
University Senior High School
Public,9-124.1mi
6/10
University Senior High School Charter
Public,9-124.1mi
7/10
Fairfax Senior High School
Public,9-124.3mi
8/10
North Hollywood Senior High School
Public,9-125.2mi
6/10
Ulysses S. Grant Senior High School
Public,9-125.4mi
6/10
Van Nuys Senior High School
Public,9-126.3mi

Price History

Date
Event
Price
11/12/21
Sold
$3,200,000
Condition Rating
Excellent

Despite being built in 1966, this property has undergone an 'impeccably renovated' transformation, as described and clearly evidenced by the images. The gourmet kitchen features bold marble counters, a waterfall island, and top-of-the-line appliances, all appearing brand new and high-end. The bathrooms are equally luxurious and modern, with floating vanities, contemporary fixtures, freestanding tubs, and glass-enclosed showers. Throughout the home, white oak floors, vaulted ceilings, recessed lighting, and a floating staircase contribute to a virtually new, high-quality aesthetic, meeting current design and quality standards with no visible deferred maintenance.
Pros & Cons

Pros

Great Schools: Elementary School: Warner Avenue Elementary School (9/10). High School: Beverly Hills High School (9/10).
Prime Location & School District: Situated in the highly coveted 90210 zip code, minutes from the Beverly Hills Hotel, and within the top-rated Warner School District, offering unparalleled prestige and convenience.
Extensive Modern Renovation: The home has been impeccably renovated with high-end finishes, including white oak floors, a floating staircase, vaulted ceilings, recessed lighting, in-ceiling speakers, and a gourmet kitchen with marble counters and top-of-the-line appliances.
Private & Serene Outdoor Living: A gated estate featuring a private, shaded, Zen-inspired backyard with verdant garden views, providing a tranquil oasis for relaxation and entertaining.
ADU Conversion Potential: The two-car garage includes a full bathroom, presenting an excellent opportunity for easy Accessory Dwelling Unit (ADU) conversion, adding significant value and flexibility for future use.
Motivated Seller & Price Reduction: The seller is motivated, as indicated by the description, and the property has seen a substantial price reduction from its original list price of $4.195M to $3.45M, suggesting potential for negotiation.

Cons

Significant Overpricing Relative to Market Estimation: The current list price of $3.45M is 22% higher than the estimated property value of approximately $2.66M, indicating it may be significantly overpriced according to market algorithms.
Older Construction Year: Built in 1966, despite extensive renovations, the property's underlying structure is nearly 60 years old, which could lead to concerns about long-term maintenance or unseen issues for some buyers.
Lack of a Pool: While featuring a Zen-inspired backyard, the absence of a swimming pool might be a drawback for buyers in this luxury market segment, where it is often a highly desired amenity.

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