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8054 Fareholm Drive, Los Angeles, California 90046, Los Angeles, 90046 - 3 bed, 4 bath

8054 Fareholm Drive, Los Angeles, California 90046 home-pic-0
ACTIVE$2,599,000
8054 Fareholm Drive, Los Angeles, California 90046
3Beds
4Baths
4,169Sqft
5,390Lot
Year Built
1985
Close
-
List price
$2.6M
Original List price
$3M
Price/Sqft
$623
HOA
-
Days on market
-
Sold On
-
MLS number
24356281
Home ConditionExcellent
Features
Excellent View: City Lights, Canyon
Deck
Patio
ViewCity Lights,Canyon

About this home

Possibly Over-Priced:The estimated price is 53% below the list price. We found 3 Cons,6 Pros. Rank: price - $2.60M(61th), sqft - 4169(89th), beds - 3(50th), baths - 4(64th).

8054 Fareholm Drive in the Hollywood Hills, aka Fareholm Castle is the breathtaking work of renowned Spanish designer Jorge Dalinger. He seamlessly blends Spanish details and California lifestyle, and the results are stunning. This gated property is nestled in the foothills just a few blocks above the iconic Sunset Strip. It's big and grand. It's an updated twist on fairytale architecture with dramatic rooms and whimsical details. The entry hall is where the fun starts. Currently used as a lounge with pool table, it has chic Moroccan details and a sedari-style seating area. A stately tiled staircase brings you from the entry lounge to the beautiful bright living space with two stories of windows and a richly detailed ceiling a Jorge Dalinger signature feature. There is wall space for large-scale art and easy access to the big outdoor open-air lounge. Lovely for sunning, reading, relaxing and entertaining. Also off the living room is the gourmet kitchen with a sweet and cozy breakfast nook and the stately dining room which flows to the outdoor kitchen with grill, sink, the draft beer system, eating area and conversation spots. This is all woven into the castle charm among the pink bougainvillea and green palm fronds. Back inside are three bedrooms and four bathrooms. A top floor primary suite with balcony, another suite with balcony off the entry lounge, plus an additional bedroom and bathrooms. That's not all, there is a music room downstairs that would work for hobbies or hang outs or movies or more. And a tucked away wine cellar with a cozy outdoor tasting area. And to make it all easy, there is a service elevator to take things from floor to floor. All of this close to shops, restaurants, and gyms. Just a few blocks from Bristol Farms and Almor Wine & Spirts for those last-minute entertaining restocks. Unique and easy, classic, and fun. An architectural personification of happiness. Come see this beautiful home for yourself. We'd love to show you.

Nearby schools

7/10
Gardner Street Elementary School
Public,•K-6•0.8mi
9/10
Wonderland Avenue Elementary School
Public,•K-5•1.2mi
9/10
West Hollywood Elementary School
Public,•K-5•1.6mi
8/10
Valley View Elementary School
Public,•K-6•1.9mi
7/10
Rio Vista Elementary School
Public,•K-5•3.1mi
3/10
Hubert Howe Bancroft Middle School
Public,•6-8•1.9mi
8/10
Hawthorne Elementary School
Public,•K-8•2.8mi
6/10
Walter Reed Middle School
Public,•6-8•3.7mi
7/10
Fairfax Senior High School
Public,•9-12•1.3mi
6/10
Hollywood Senior High School
Public,•9-12•1.5mi
9/10
Beverly Hills High School
Public,•9-12•3.8mi
8/10
North Hollywood Senior High School
Public,•9-12•4.6mi
6/10
University Senior High School Charter
Public,•9-12•6.8mi
6/10
University Senior High School
Public,•9-12•6.8mi

Price History

Date
Event
Price
09/09/24
Sold
$2,400,000
03/26/14
Sold
$1,775,000
08/29/12
Sold
$1,500,000
01/28/10
Sold
$2,025,000
Condition Rating
Excellent
Built in 1985, this property has clearly undergone an extensive and high-quality renovation, likely within the last 5 years, as evidenced by the description attributing its current 'updated twist' and 'seamless blend' to a renowned Spanish designer. The images showcase a gourmet kitchen with modern stainless steel appliances, pristine dark wood cabinetry, and clean countertops. Bathrooms feature contemporary vessel sinks, updated vanities, and modern tiling and glass shower enclosures. Throughout the home, hardwood floors are immaculate, light fixtures are updated, and all elements appear to be in virtually new condition with no visible deferred maintenance, meeting current quality standards.
Pros & Cons

Pros

Great Schools: Elementary School: West Hollywood Elementary School (9/10). High School: Beverly Hills High School (9/10).
Unique Architectural Design: Designed by renowned Spanish designer Jorge Dalinger, this 'Fareholm Castle' offers a unique blend of Spanish details and California lifestyle with 'fairytale architecture' and whimsical elements, providing distinct character.
Prime Hollywood Hills Location: Nestled just a few blocks above the iconic Sunset Strip, the gated property offers prestige, convenience, and easy access to upscale shops, restaurants, gyms, and essential amenities like Bristol Farms.
Extensive Luxury Amenities: The property boasts high-end features including a lounge with a pool table, a dedicated music room, a tucked-away wine cellar with an outdoor tasting area, an outdoor kitchen with a grill and draft beer system, and a service elevator for convenience.
Desirable Views & Outdoor Living: Enjoy captivating City Lights and Canyon views, complemented by a big outdoor open-air lounge, multiple balconies, and charming landscaping with bougainvillea and palm fronds, ideal for entertaining and relaxation.
Spacious & Well-Appointed Interiors: The home features grand, dramatic rooms with two stories of windows, richly detailed ceilings, a gourmet kitchen, a stately dining room, and multiple suites with balconies, offering a luxurious living experience.

Cons

Significant Valuation Discrepancy: The current list price of $2.599M is substantially higher than the property's estimated value of $1.218M and its last recorded sale price of $2.4M in September 2024, indicating potential overpricing that could deter buyers and complicate financing.
Extended Market Time & Price Adjustments: Having been on the market since February 2024 and already undergoing a price reduction from its original $3M, the property's extended market duration suggests potential buyer resistance or an initial misaligned pricing strategy.
Niche Architectural Appeal: While unique, the specific 'fairytale architecture' with Spanish and Moroccan details may appeal to a narrower segment of buyers, potentially limiting the overall market demand compared to more universally appealing contemporary or traditional designs.

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