201 N Palm Drive, Beverly Hills, California 90210, Beverly Hills, 90210 - 6 bed, 7 bath

201 N Palm Drive, Beverly Hills, California 90210 home-pic-0
ACTIVE$5,995,000
201 N Palm Drive, Beverly Hills, California 90210
6Beds
7Baths
6,122Sqft
7,502Lot

Price Vs. Estimate

The estimated value ($4,887,159.68) is $1,107,840.32 (18%) lower than the list price ($5,995,000). This property may be overpriced.

Key pros and cons

Top Pros:
Great Schools: Elementary School: Fairburn Avenue Elementary School (9/10). High School: Beverly Hills High School (9/10).
Top Cons:
Square Footage Discrepancy: The stated 6,122 sqft is an approximation, with public records reflecting 4,522 sqft for the first and second floors, necessitating buyer verification and potentially impacting perceived value.

Compared to the nearby listings

Price:$6.00M vs avg $5.25M (+$745,000)55%
Size:6,122 sqft vs avg 3,967 sqft72%
Price/sqft:$979 vs avg $1.2K31%

More Insights

Built in 1989 (36 years old).
Condition: Built in 1989, this property is well-maintained but shows significant signs of being outdated, particularly in the primary bathroom with its 1980s/90s marble, gold-trim shower, and light fixtures. The wet bar also features dated cabinetry. While the overall structure and general living areas appear clean and functional, the kitchen and bathrooms would require substantial cosmetic updates to meet current luxury standards, aligning with the 'fair' condition criteria of being aged but maintained, with major components showing signs of being outdated.
Year Built
1989
Close
-
List price
$6M
Original List price
$6M
Price/Sqft
$979
HOA
-
Days on market
-
Sold On
-
MLS number
25557311
Home ConditionFair
Features
Good View: Hills
Deck
Patio
ViewHills

About this home

Located on iconic Palm Drive, this stately, custom-built residence captures the essence of Beverly Hills living. Set on a prized southwest corner, the home is bathed in natural light and framed by soaring palm trees that define the neighborhood's timeless elegance. A grand front balcony offers views over the tree-lined street. While inside, exceptional ceiling heights create a sense of volume and grandeur throughout. The layout is ideal for entertaining, featuring a dramatic ballroom, expansive living areas, and a dedicated office on the main level. The primary suite faces the street and includes a sliding door for indoor-outdoor flow, along with dual walk-in closets. All bedrooms offer generous closet space, and there is ample built-in storage thoughtfully placed throughout the home. The kitchen and bedrooms are generously proportioned, offering the rare combination of size and scale in this location. An elevator serves all floors, including a bright and versatile basement level with two bedrooms, its own entrance that doubles as a service entrance, large living room, and private sauna perfect for guests, wellness, or long-term stays. The backyard features both hardscaping and grassy areas, ideal for entertaining and relaxation. A truly rare offering with space, elegance, and location all in one. Square footage is an approximation; buyer to conduct their own investigations. Public records reflect 4,522 SF for first and second floors.

Nearby schools

7/10
Canfield Avenue Elementary School
Public,K-51.4mi
4/10
Rosewood Avenue Elementary School, School for Advanced Studies
Public,K-61.4mi
9/10
West Hollywood Elementary School
Public,K-51.4mi
5/10
Carthay Center Elementary
Public,K-51.5mi
9/10
Fairburn Avenue Elementary School
Public,K-52.3mi
9/10
Warner Avenue Elementary School
Public,K-52.4mi
9/10
Wonderland Avenue Elementary School
Public,K-53.2mi
8/10
Beverly Vista Elementary School
Public,K-80.3mi
8/10
Horace Mann Elementary School
Public,K-80.7mi
8/10
Hawthorne Elementary School
Public,K-80.8mi
8/10
El Rodeo Elementary School
Public,K-81.3mi
7/10
John Burroughs Middle School
Public,6-83.2mi
7/10
Palms Middle School
Public,6-83.4mi
3/10
Hubert Howe Bancroft Middle School
Public,6-83.5mi
3/10
Daniel Webster Middle School
Public,6-83.7mi
9/10
Beverly Hills High School
Public,9-121.1mi
7/10
Fairfax Senior High School
Public,9-122.1mi
6/10
Alexander Hamilton Senior High School
Public,9-122.5mi
6/10
University Senior High School Charter
Public,9-124.3mi
6/10
University Senior High School
Public,9-124.3mi
Condition Rating
Fair

Built in 1989, this property is well-maintained but shows significant signs of being outdated, particularly in the primary bathroom with its 1980s/90s marble, gold-trim shower, and light fixtures. The wet bar also features dated cabinetry. While the overall structure and general living areas appear clean and functional, the kitchen and bathrooms would require substantial cosmetic updates to meet current luxury standards, aligning with the 'fair' condition criteria of being aged but maintained, with major components showing signs of being outdated.
Pros & Cons

Pros

Great Schools: Elementary School: Fairburn Avenue Elementary School (9/10). High School: Beverly Hills High School (9/10).
Prime Beverly Hills Location: Situated on the iconic Palm Drive in Beverly Hills 90210, offering prestige, desirability, and a prized southwest corner lot for optimal natural light.
Grand & Spacious Interiors: Features exceptional ceiling heights, a dramatic ballroom, expansive living areas, and generously proportioned rooms, ideal for luxury living and entertaining.
Versatile Lower Level with Amenities: Includes a bright basement with two bedrooms, a separate entrance, large living room, and private sauna, perfect for guests, staff, or wellness.
Custom-Built Design & Features: A stately, custom-built residence with thoughtful details like ample built-in storage, dual walk-in closets, a dedicated office, and an elevator serving all floors.
Outdoor Entertaining Space: The property boasts a grand front balcony with tree-lined street views and a landscaped backyard featuring both hardscaping and grassy areas, ideal for entertaining and relaxation.

Cons

Square Footage Discrepancy: The stated 6,122 sqft is an approximation, with public records reflecting 4,522 sqft for the first and second floors, necessitating buyer verification and potentially impacting perceived value.
Potential for Dated Interior: Built in 1989, the description does not highlight recent renovations or modern updates, suggesting that interior finishes in key areas like the kitchen and bathrooms may be dated for a luxury property of this caliber.
Significant Overpricing Relative to Market Estimation: The current listing price of $5.995M is approximately 18% higher than the property's estimated value of $4.887M, which could pose a challenge in attracting buyers at the current price point.

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