1748 Correa Way, Los Angeles, California 90049, Los Angeles, - bed, bath

home-pic
ACTIVE$14,950,000
1748 Correa Way, Los Angeles, California 90049
6Beds
9Baths
7,929Sqft
41,102Lot
Year Built
Close
-
List price
$14.95M
Original List price
$16.5M
Price/Sqft
-
HOA
-
Days on market
-
Sold On
-
MLS number
24424371
Home ConditionExcellent
Features
Good View: City Lights, Park/Greenbelt
Pool
Patio
ViewCity Lights,Park/Greenbelt

About this home

PRICE IMPROVEMENT. Reduced by $1M, priced well below replacement cost. Exceptional value, unmatched opportunity. Welcome to the pinnacle of sophisticated living in a home designed for both today and future generations. This private gated estate is situated on just under an acre in the heart of lower Mandeville Canyon, on a cul-de-sac with stunning tree and city vistas in the distance. Enter through the courtyard to find this modern, Paul Williams-inspired residence with high ceilings, wide-plank wood flooring, and picture windows letting in lots of light. Multiple French doors open to expansive lounge areas, ideal for the quintessential California indoor/outdoor lifestyle. The upper family quarters limestone-clad outdoor living room with fire pit and great vista views provides an exceptional space for entertaining. The enormous open-plan kitchen, perfect for culinary enthusiasts, features custom European white oak cabinetry, marble countertops, and dual-sealed prep islands, seamlessly connecting to the breakfast area with views of the lush grounds. Two luxurious primary suites, one on each level, offer ultimate tranquility with floating vanities, soaking tubs, and showroom-style dressing rooms. The sprawling, manicured grounds feature a saltwater pool, a Hollywood Regency pool cabana, comfortable lounge areas, and a vast lawn ideal for relaxation, entertaining, and family gatherings. A 13-car motor court, rose garden, and private courtyard provide ample space for both grand events and intimate moments. Rarely does a property like this come to market, checking every box for unparalleled luxury, safety, privacy, and timeless design. Located just minutes from award-winning schools, fine dining, and hiking trails, this gem of an estate offers the ultimate living experience in one of L.A.'s most coveted neighborhoods.

Nearby schools

5/10
Brentwood Science School
Public,K-51.6mi
9/10
Franklin Elementary School
Public,PK-51.9mi
5/10
Brockton Avenue Elementary School
Public,K-52.4mi
7/10
Nora Sterry Elementary School
Public,K-53.1mi
9/10
Warner Avenue Elementary School
Public,K-53.6mi
9/10
Fairburn Avenue Elementary School
Public,K-53.7mi
9/10
Roscomare Road Elementary School
Public,K-54.1mi
8/10
Lanai Road Elementary School
Public,K-55.7mi
8/10
Lincoln Middle School
Public,6-82.6mi
6/10
Gaspar De Portola Middle School
Public,6-87.5mi
5/10
William Mulholland Middle School
Public,6-88.6mi
6/10
University Senior High School
Public,9-122.4mi
6/10
University Senior High School Charter
Public,9-122.4mi
8/10
Santa Monica High School
Public,9-123.8mi
6/10
Van Nuys Senior High School
Public,9-128.8mi

Price History

Date
Event
Price
09/05/18
Sold
$5,700,000
09/14/09
Sold
$3,900,000
03/31/00
Sold
$2,100,000
Neighborhood Comparison

 SubjectAverage HomeNeighbourhood Ranking (140 Listings)
Beds64
84%
Baths94
95%
Square foot7,9293,465
92%
Lot Size41,10212,925
91%
Price$14.95M$4.17M
94%
Price per square foot$1,885$1,314
91%
Built yearundefined1960
HOA
Days on market454177
98%
Condition Rating
Excellent

The property appears to be newly renovated or built, featuring a modern kitchen with custom European white oak cabinetry and marble countertops, luxurious bathrooms with floating vanities and soaking tubs, wide-plank wood flooring, and updated light fixtures throughout. The overall condition suggests a high-quality, recently updated home with no visible deferred maintenance.
Pros & Cons

Pros

Prime Location: Located in the highly desirable lower Mandeville Canyon, offering a blend of privacy and proximity to award-winning schools, fine dining, and hiking trails.
Exceptional Design & Architecture: Paul Williams-inspired modern residence with high ceilings, wide-plank wood flooring, picture windows, and multiple French doors, creating a bright and airy atmosphere.
Indoor/Outdoor Living: Expansive lounge areas, a limestone-clad outdoor living room with a fire pit, a saltwater pool, and a Hollywood Regency pool cabana facilitate seamless indoor/outdoor living.
Gourmet Kitchen: Enormous open-plan kitchen with custom European white oak cabinetry, marble countertops, and dual-sealed prep islands, perfect for culinary enthusiasts.
Luxurious Primary Suites: Two primary suites, one on each level, offer ultimate tranquility with floating vanities, soaking tubs, and showroom-style dressing rooms.

Cons

High Price Point: The property's high list price may limit the pool of potential buyers, despite the recent price reduction.
Limited Recent Sales Data: The unique nature of the property may make it difficult to find comparable sales, potentially affecting valuation and negotiation.
Potential for High Maintenance: The large lot size and extensive landscaping may require significant ongoing maintenance costs.

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