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8932 St Ives Drive, Los Angeles, California 90069, Los Angeles, 90069 - 4 bed, 8 bath

8932 St Ives Drive, Los Angeles, California 90069 home-pic-0
ACTIVE$7,995,000
8932 St Ives Drive, Los Angeles, California 90069
4Beds
8Baths
4,650Sqft
6,230Lot
Year Built
1977
Close
-
List price
$8M
Original List price
$8M
Price/Sqft
$1,719
HOA
-
Days on market
-
Sold On
-
MLS number
25553303
Home ConditionExcellent
Features
Excellent View: City Lights, Hills, Panoramic
Deck
Pool
ViewCity Lights,Hills,Panoramic

About this home

Possibly Over-Priced:The estimated price is 36% below the list price. We found 3 Cons,5 Pros. Rank: price - $8.00M(83th), sqft - 4650(74th), beds - 4(54th), baths - 8(87th).

"Top of Hilldale" A Bird Street architectural masterpiece perched perfectly above the iconic Sunset Strip. Enter to stunning high ceilings flooded with natural light. Giant walls of glass open to terraces set amongst soaring trees with jaw dropping views from Downtown to Palos Verdes to Century City. Entertain on a grand scale, including possibly the most spectacular rooftop deck in the city. Sparkling heated pool with waterfall. Located at the end of coveted St. Ives Drive, this incredibly rare street-to-street lot features a separate private entrance on Hilldale Ave including 2nd garage (currently a finished studio); enjoy all the privacy and prestige of the best location in the Hollywood Hills yet moments to world-class dining and entertainment. Featuring 4 spacious bedrooms, all en suite, and everything else you expect: high end wood and stone finishes, travertine floors throughout, Control 4 system, elevator, outdoor chef's kitchen, bar, eight bathrooms, and total privacy. This gorgeous residence inspires creativity and serenity. MAY BE AVAILABLE FOR RENT FURNISHED OR UNFURNISHED.

Condition Rating
Excellent
Despite being built in 1977, this property has clearly undergone an extensive, high-end, and recent renovation, aligning it with the 'excellent' criteria for properties extensively renovated within 5 years. The kitchen boasts integrated, contemporary appliances, sleek flat-panel cabinetry, and modern countertops. The bathrooms feature dual vanities, modern fixtures, and high-quality finishes, including travertine flooring which extends throughout the home. The overall aesthetic is a modern architectural masterpiece with large walls of glass, contemporary light fixtures, and a Control 4 smart home system, indicating all components are new or virtually new and meet current luxury standards.
Pros & Cons

Pros

Unrivaled Panoramic Views: The property boasts 'jaw dropping views from Downtown to Palos Verdes to Century City' and is explicitly listed with 'City Lights, Hills, Panoramic' views, offering a significant premium.
Prestigious Location & Privacy: Situated at the 'Top of Hilldale' on a 'Bird Street' and at the 'end of coveted St. Ives Drive,' this 'street-to-street lot' offers unparalleled privacy and a prime Hollywood Hills address.
Exceptional Luxury Amenities: Features include a sparkling heated pool with waterfall, an outdoor chef's kitchen and bar, a Control 4 smart home system, an elevator, and 4 spacious en-suite bedrooms with a total of eight bathrooms.
Distinctive Architectural Design: Described as an 'architectural masterpiece' with 'stunning high ceilings flooded with natural light' and 'Giant walls of glass' that open to terraces, emphasizing its unique and grand aesthetic.
Unique Rooftop Entertainment Deck: The property features 'possibly the most spectacular rooftop deck in the city,' providing an extraordinary space for entertaining and enjoying the expansive views.

Cons

Significant Valuation Discrepancy: The property's estimated value is considerably lower ($5.1M) than the current listing price ($7.995M), indicating a potential overvaluation or a disconnect with current market comparables.
Property Age: Built in 1977, the home is older than many competing luxury properties in the area, which could imply higher long-term maintenance costs or a need for further updates to meet modern buyer expectations, despite existing renovations.
Niche Architectural Appeal: While an 'architectural masterpiece,' the specific 1977 architectural style may cater to a more specialized buyer segment, potentially narrowing the pool of interested parties compared to more universally appealing contemporary designs.

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