425 N Palm Drive 201, Beverly Hills, California 90210, Beverly Hills, 90210 - 3 bed, 4 bath

425 N Palm Drive 201, Beverly Hills, California 90210 home-pic-0
ACTIVE$4,199,000
425 N Palm Drive 201, Beverly Hills, California 90210
3Beds
4Baths
3,379Sqft
22,625Lot
Year Built
2023
Close
-
List price
$4.2M
Original List price
$4.2M
Price/Sqft
$1,243
HOA
$2,748.67
Days on market
-
Sold On
-
MLS number
25487739
Home ConditionExcellent
Features
Spa
View-

About this home

We found 3 Cons,6 Pros. Rank: price - $4.20M(88th), sqft - 3379(83th), beds - 3(71th), baths - 4(71th).

Welcome to 425 Palm, Beverly Hills - a distinguished address offering Legendary Living. This exclusive collection features just twenty residences, with 1-, 2-, and 3-bedroom floor plans ranging from 1,752 to 3,574 square feet, and up to 3.5 bathrooms. Residence 201 presents a thoughtfully designed 3 bedroom, 3.5 bath layout with an open-concept flow, seamlessly connecting the gourmet kitchen to the expansive great room. Private foyer access ensures both security and privacy for all residents, while penthouses boast exclusive rooftop terraces with panoramic views. On-site amenities include a boutique fitness center, outdoor gourmet kitchen, sunken spa with wood decking, and a rooftop lounge. The elegantly furnished lobby is staffed 24/7, providing unparalleled service to meet your every need. 425 Palm offers a refined living experience defined by privacy, luxury, and exceptional design.

Nearby schools

9/10
West Hollywood Elementary School
Public,K-50.8mi
4/10
Rosewood Avenue Elementary School, School for Advanced Studies
Public,K-61.1mi
5/10
Carthay Center Elementary
Public,K-51.9mi
7/10
Canfield Avenue Elementary School
Public,K-51.9mi
9/10
Warner Avenue Elementary School
Public,K-52.4mi
9/10
Fairburn Avenue Elementary School
Public,K-52.5mi
9/10
Wonderland Avenue Elementary School
Public,K-52.7mi
8/10
Hawthorne Elementary School
Public,K-80.6mi
8/10
Beverly Vista Elementary School
Public,K-80.9mi
8/10
Horace Mann Elementary School
Public,K-81.1mi
8/10
El Rodeo Elementary School
Public,K-81.5mi
3/10
Hubert Howe Bancroft Middle School
Public,6-83.3mi
7/10
John Burroughs Middle School
Public,6-83.3mi
7/10
Palms Middle School
Public,6-84.0mi
3/10
Daniel Webster Middle School
Public,6-84.1mi
9/10
Beverly Hills High School
Public,9-121.5mi
7/10
Fairfax Senior High School
Public,9-121.9mi
6/10
Alexander Hamilton Senior High School
Public,9-123.0mi
6/10
University Senior High School Charter
Public,9-124.5mi
6/10
University Senior High School
Public,9-124.5mi
Condition Rating
Excellent

This property was built in 2023, making it a brand-new construction. The listing explicitly mentions a 'gourmet kitchen' and 'exceptional design,' indicating state-of-the-art appliances, modern finishes, and contemporary styles in both the kitchen and bathrooms. All systems, flooring, and fixtures are new, meeting current quality standards with no deferred maintenance, aligning perfectly with the 'excellent' condition criteria.
Pros & Cons

Pros

Great Schools: Elementary School: Fairburn Avenue Elementary School (9/10). High School: Beverly Hills High School (9/10).
Brand New Construction: Built in 2023, this residence offers contemporary design, state-of-the-art finishes, and minimal immediate maintenance, appealing to buyers seeking modern luxury.
Prestigious Location: Situated in the highly sought-after 90210 zip code of Beverly Hills, providing a distinguished address and access to prime amenities and lifestyle.
Exclusive & Secure Living: Part of an exclusive collection of only twenty residences, featuring private foyer access and a 24/7 staffed lobby, ensuring unparalleled privacy and security.
Premium On-Site Amenities: Residents benefit from a boutique fitness center, outdoor gourmet kitchen, sunken spa, and a rooftop lounge, offering a resort-like living experience.
Spacious & Modern Layout: Residence 201 boasts a generous 3,379 sqft with 3 bedrooms and 3.5 baths, featuring an open-concept design and a gourmet kitchen ideal for entertaining.

Cons

High Monthly HOA Fees: The substantial monthly association fee of $2,748.67 significantly increases the overall cost of ownership and may deter some potential buyers.
Absence of Views: Unlike penthouse units, Residence 201 does not offer panoramic views, which might be a consideration for buyers expecting scenic vistas in a luxury Beverly Hills property.
Niche Market Appeal: The exclusivity and limited number of units (20) may lead to a smaller pool of potential buyers during resale, potentially impacting market liquidity.

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