7218 Mulholland Drive, Los Angeles, California 90068, Los Angeles, 90068 - 6 bed, 10 bath

7218 Mulholland Drive, Los Angeles, California 90068 home-pic-0
ACTIVE$5,149,000
7218 Mulholland Drive, Los Angeles, California 90068
6Beds
10Baths
6,956Sqft
4,732Lot
Year Built
1989
Close
-
List price
$5.15M
Original List price
$6M
Price/Sqft
$740
HOA
-
Days on market
-
Sold On
-
MLS number
SR24051055
Home ConditionExcellent
Features
Excellent View: City Lights, Hills, Mountain(s), Neighborhood, Panoramic, Valley, Trees/Woods
Deck
Pool
Spa
Patio
ViewCity Lights,Hills,Mountain(s),Neighborhood,Panoramic,Valley,Trees/Woods

About this home

We found 4 Cons,5 Pros. Rank: price - $5.15M(97th), sqft - 6956(97th), beds - 6(97th), baths - 10(99th).

Major Price Improvement. Experience a vacation lifestyle with resort amenities at this exquisite, almost 7000sq.ft. ultra-private compound with expansive, sweeping views of the LA skyline, just a 5 minute walk to Runyon Canyon Preserve on prestigious Mulholland Drive. There is ample parking in the 3 car garage and gated motor court. There are expansive views from the balconies, and fireplaces on each level of the home. The impressive primary suite boasts a sitting area, a private balcony, fireplace, large walk-in closet, and a luxurious bathroom with soaking tub. 5 additional en suite spacious bedrooms have large walk-in closets and amazing views. 10 bathrooms in total, masterfully placed throughout the villa. The first level features a sunken living room, dining room, family room, and spacious kitchen. The exquisitely finished mid-level includes a media room, full bar and 2nd kitchen for entertaining indoors. Outside, a peaceful waterfall cascades from the home to the saltwater pool and spa adjacent to the outdoor entertainment area with a fully-equipped kitchen, bar and eating areas. A robust home security system, and a wellness center with gym, sauna and steam shower complete this luxurious estate. The property was remodeled in 2018 for a beautiful combination of updated Modern Mediterranean with tasteful designer touches. Opportunity awaits to own the luxury of living in the pinnacle of the Los Angeles lifestyle, where the city is in the palm of your hand.

Nearby schools

8/10
Valley View Elementary School
Public,K-60.4mi
7/10
Gardner Street Elementary School
Public,K-61.4mi
4/10
Selma Avenue Elementary School
Public,K-61.6mi
6/10
Cheremoya Avenue Elementary School
Public,K-61.9mi
7/10
Rio Vista Elementary School
Public,K-52.2mi
4/10
Grant Elementary School
Public,K-62.4mi
8/10
R. L. Stevenson Elementary School
Public,K-52.7mi
7/10
Los Feliz STEMM Magnet
Public,K-63.4mi
3/10
Hubert Howe Bancroft Middle School
Public,6-82.3mi
3/10
Joseph Le Conte Middle School
Public,6-82.5mi
6/10
Walter Reed Middle School
Public,6-83.1mi
5/10
David Starr Jordan Middle School
Public,6-83.6mi
6/10
Thomas Starr King Middle School
Public,6-84.2mi
6/10
Hollywood Senior High School
Public,9-121.6mi
7/10
Fairfax Senior High School
Public,9-122.6mi
7/10
Burroughs High School
Public,9-123.7mi
8/10
North Hollywood Senior High School
Public,9-123.9mi
6/10
Burbank Unified Independent Learning Academy (Buila)
Public,7-124.0mi
8/10
John Marshall Senior High School
Public,9-124.1mi

Price History

Date
Event
Price
02/23/18
Sold
$3,100,000
12/23/05
Sold
$3,800,000
04/14/03
Sold
$1,450,000
Condition Rating
Excellent

This property, built in 1989, underwent an extensive remodel in 2018, making it effectively renovated within the last 6 years. The kitchen features high-end, built-in stainless steel appliances, modern white shaker cabinetry, and a large island, all appearing in excellent, virtually new condition. The bathrooms are luxurious with quality finishes, modern fixtures, and are impeccably maintained. High-quality tile and dark hardwood flooring are present throughout, along with modern recessed lighting. The overall aesthetic is a 'Modern Mediterranean with tasteful designer touches,' indicating a comprehensive update that meets current quality standards with no visible deferred maintenance.
Pros & Cons

Pros

Unparalleled Views & Prestigious Location: The property offers expansive, sweeping views of the LA skyline from a prestigious Mulholland Drive address, complemented by a 5-minute walk to Runyon Canyon Preserve.
Extensive Resort-Style Amenities: Features include a saltwater pool and spa with a peaceful waterfall, a fully-equipped outdoor kitchen and bar, and an indoor wellness center with a gym, sauna, and steam shower, providing a true vacation lifestyle.
Luxurious & Spacious Interior Design: Spanning nearly 7000 sq.ft. with 6 bedrooms and 10 bathrooms, the home boasts an impressive primary suite with a private balcony, fireplace, and soaking tub, plus a media room, full bar, and second kitchen.
Recent High-End Remodel: Remodeled in 2018, the property showcases an updated Modern Mediterranean style with tasteful designer touches, ensuring a contemporary and move-in ready aesthetic.
Enhanced Privacy & Security: Positioned as an ultra-private compound with a gated motor court and a robust home security system, offering exclusivity and peace of mind.

Cons

Low Available Lot Utilization: The property has a small lot size, more than 70 percent of which is taken by its living area. lot size in square feet = 4732, living area = 6956.
High Operating & Maintenance Costs: A property of this size and with such extensive luxury features (pool, spa, multiple kitchens, wellness center) will inherently incur significant ongoing expenses for utilities, landscaping, and general upkeep.
Limited Traditional Yard Space: With a large house (6956 sqft) on a relatively small lot (4732 sqft), the property likely offers minimal flat, traditional yard space beyond the integrated outdoor entertainment areas, which might not suit buyers desiring expansive lawns or play areas.
Niche Market Appeal: The highly specific 'Modern Mediterranean' style and extensive, specialized amenities cater to a very particular luxury buyer, potentially leading to a longer marketing period to find the ideal match.

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