616 N Beverly Drive, Beverly Hills, California 90210, Beverly Hills, 90210 - 7 bed, 14 bath
ACTIVE$59,500,000
616 N Beverly Drive, Beverly Hills, California 90210
7Beds
14Baths
20,520Sqft
39,455Lot
Year Built
1991
Close
-
List price
$59.5M
Original List price
$66M
Price/Sqft
$2,900
HOA
-
Days on market
-
Sold On
-
MLS number
25483555
Home ConditionExcellent
Features
Good View: City Lights
Pool
Spa
Patio
ViewCity Lights
About this home
Possibly Over-Priced:The estimated price is 12% below the list price. We found 3 Cons,6 Pros. Rank: price - $59.50M(98th), sqft - 20520(98th), beds - 7(87th), baths - 14(97th).
Luxury living at its finest in prestigious Beverly Hills Flats. Once graced by Jackie Collins, this iconic estate exudes elegance and sophistication. Italian marbles, bespoke woodwork, and Miele appliances adorn the expansive interior. Sustainability meets luxury with solar power and a generator. Elevator access, dual garages, and sprawling living spaces offer convenience. The master suite boasts indulgence, while entertainment options abound. Outside, a tranquil oasis awaits with a pool and hot tub. With seven bedrooms and ten bathrooms, pool bath and 3 powder rooms, this estate defines Beverly Hills luxury living.
Nearby schools
9/10
West Hollywood Elementary School
Public,•K-5•1.5mi
9/10
Warner Avenue Elementary School
Public,•K-5•1.5mi
9/10
Fairburn Avenue Elementary School
Public,•K-5•1.7mi
4/10
Rosewood Avenue Elementary School, School for Advanced Studies
Public,•K-6•2.0mi
7/10
Canfield Avenue Elementary School
Public,•K-5•2.1mi
5/10
Carthay Center Elementary
Public,•K-5•2.5mi
9/10
Wonderland Avenue Elementary School
Public,•K-5•3.1mi
8/10
Hawthorne Elementary School
Public,•K-8•0.3mi
8/10
El Rodeo Elementary School
Public,•K-8•0.7mi
8/10
Beverly Vista Elementary School
Public,•K-8•1.1mi
8/10
Horace Mann Elementary School
Public,•K-8•1.7mi
3/10
Daniel Webster Middle School
Public,•6-8•3.6mi
7/10
Palms Middle School
Public,•6-8•3.6mi
7/10
John Burroughs Middle School
Public,•6-8•4.2mi
3/10
Hubert Howe Bancroft Middle School
Public,•6-8•4.2mi
9/10
Beverly Hills High School
Public,•9-12•1.0mi
7/10
Fairfax Senior High School
Public,•9-12•2.8mi
6/10
Alexander Hamilton Senior High School
Public,•9-12•3.1mi
6/10
University Senior High School Charter
Public,•9-12•3.7mi
6/10
University Senior High School
Public,•9-12•3.7mi
Price History
Date
Event
Price
07/19/16
Sold
$21,000,000
Condition Rating
Excellent
Despite being built in 1991, the property has clearly undergone an extensive, high-end renovation. The description highlights 'Italian marbles, bespoke woodwork, and Miele appliances,' along with modern features like solar power, a generator, and elevator access. The provided images showcase a contemporary, luxurious aesthetic with modern light fixtures, sleek finishes, and a glass-enclosed wine cellar, indicating that all components are new or virtually new and meet current quality standards. The overall condition, style, and features of the kitchen (Miele appliances) and implied bathroom quality align with a recently renovated, top-tier property.
Pros & Cons
Pros
Great Schools: Elementary School: Fairburn Avenue Elementary School (9/10). High School: Beverly Hills High School (9/10).
Iconic Pedigree & Location: Situated in the prestigious Beverly Hills Flats, this iconic estate boasts a celebrity past (Jackie Collins), adding unique historical and cultural cachet.
Exceptional Luxury Finishes: Adorned with Italian marbles, bespoke woodwork, and Miele appliances, the interior exemplifies high-end craftsmanship and sophisticated design.
Sustainable & Modern Infrastructure: Equipped with solar power and a generator, the property offers advanced sustainability features and reliable utility backup.
Expansive & Convenient Living: Spanning 20,520 sqft with 7 bedrooms, 14 bathrooms, elevator access, and dual garages, it provides unparalleled space and convenience for luxury living.
Private Outdoor Oasis with Views: Features a tranquil outdoor space with a pool and hot tub, complemented by desirable city lights views, perfect for relaxation and entertaining.
Cons
Significant Price Adjustment & Valuation Gap: The property has undergone a substantial price reduction from its original listing, and the current list price remains considerably higher than the estimated property value and recent comparable sales, indicating potential overpricing.
Property Age vs. New Construction Comps: Built in 1991, the estate is older than some newer luxury constructions in the area (e.g., a 2024 comp), which might lead to higher maintenance costs or a preference for more contemporary designs among some ultra-luxury buyers.
High Maintenance & Operating Costs: Given its expansive size (20,520 sqft, 39,455 sqft lot), numerous bathrooms, and luxury amenities, the property likely incurs very high ongoing maintenance, utility, and property tax expenses.