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940 E Oakmont Drive, Los Angeles, California 90049, Los Angeles, 90049 - 6 bed, 11 bath

940 E Oakmont Drive, Los Angeles, California 90049 home-pic-0
ACTIVE$23,999,000
940 E Oakmont Drive, Los Angeles, California 90049
6Beds
11Baths
12,344Sqft
44,193Lot

Price Vs. Estimate

The estimated value ($19,527,732.36) is $4,471,267.64 (18%) lower than the list price ($23,999,000). This property may be overpriced.

Key pros and cons

Top Pros:
Prestigious Location & Privacy: Situated in the prestigious Brentwood Hills, this private and gated retreat in Mandeville Canyon offers tranquility while being minutes from Sunset Blvd and Brentwood Village amenities.
Top Cons:
Pricing Discrepancy: The current listing price is 18% above the property's estimated value, and a newer, larger comparable property in the vicinity recently sold for a lower price, suggesting potential overvaluation.

Compared to the nearby listings

Price:$24.00M vs avg $3.95M (+$20,049,000)98%
Size:12,344 sqft vs avg 3,353 sqft98%
Price/sqft:$1.9K vs avg $1.3K90%

More Insights

Built in 2014 (11 years old).
Condition: This property, built in 2014, falls within the 'built within 10 years' criterion for an excellent rating. The description highlights renowned architects and designers, and the images confirm a pristine, high-end condition throughout. The kitchen features modern white shaker cabinetry, marble countertops, integrated appliances, and stylish pendant lighting. Bathrooms are spa-like with contemporary finishes, subway tile, and modern fixtures. Dark hardwood floors are consistent and in immaculate condition. All systems and aesthetics appear new or virtually new, reflecting current luxury standards with no visible deferred maintenance.
Year Built
2014
Close
-
List price
$24M
Original List price
$24M
Price/Sqft
$1,944
HOA
-
Days on market
-
Sold On
-
MLS number
25519555
Home ConditionExcellent
Features
Excellent View: Canyon, Mountain(s), Trees/Woods
Deck
Pool
Spa
Patio
ViewCanyon, Mountain(s), Trees/Woods

About this home

Situated in the prestigious Brentwood Hills, The Oakmont Estate is a breathtaking private and gated retreat in Mandeville Canyon. Set on over an acre of beautifully manicured grounds, just minutes from Sunset Blvd, this approx. 12,344 SF home offers the perfect harmony of tranquility and convenience. Designed by the renowned architect Philip Vertoch and brought to life by the meticulous Gordon Gibson, this 6BD, 11BA home is truly a masterpiece. The residence is a stunning Hamptons-inspired estate with interiors by AD100 designer, Brigette Romanek. Featuring a refined neutral color palette, dark hardwood floors, and soaring ceilings that create an expansive and light-filled atmosphere. The open-concept layout seamlessly blends modern sophistication with timeless charm. Spacious primary suite with spa-like bathroom and private balcony with canyon views. The latest and greatest amenities including a theater with Dolby Atmos sound, fitness room, and an incredible home office with private balcony. Outdoor entertainment areas - including a covered patio with a fireplace and dining area, built-in BBQ, a putting green, and an infinity pool with spa - all overlook the canyon views. Live in luxury within easy reach of world-class shopping, dining, and entertainment in Brentwood Village.

Condition Rating
Excellent
This property, built in 2014, falls within the 'built within 10 years' criterion for an excellent rating. The description highlights renowned architects and designers, and the images confirm a pristine, high-end condition throughout. The kitchen features modern white shaker cabinetry, marble countertops, integrated appliances, and stylish pendant lighting. Bathrooms are spa-like with contemporary finishes, subway tile, and modern fixtures. Dark hardwood floors are consistent and in immaculate condition. All systems and aesthetics appear new or virtually new, reflecting current luxury standards with no visible deferred maintenance.
Pros & Cons

Pros

Prestigious Location & Privacy: Situated in the prestigious Brentwood Hills, this private and gated retreat in Mandeville Canyon offers tranquility while being minutes from Sunset Blvd and Brentwood Village amenities.
Renowned Design & Quality: Designed by architect Philip Vertoch, built by Gordon Gibson, and featuring interiors by AD100 designer Brigette Romanek, ensuring exceptional architectural and aesthetic quality.
Extensive Luxury Amenities: The home boasts state-of-the-art amenities including a Dolby Atmos theater, fitness room, incredible home office, and a spacious primary suite with a spa-like bathroom.
Expansive Grounds & Outdoor Living: Set on over an acre of beautifully manicured grounds with a covered patio, fireplace, built-in BBQ, putting green, and an infinity pool with spa, perfect for entertaining.
Scenic Canyon Views: The property offers picturesque canyon, mountain, and trees/woods views from various vantage points, including a private balcony off the primary suite and outdoor entertainment areas.

Cons

Pricing Discrepancy: The current listing price is 18% above the property's estimated value, and a newer, larger comparable property in the vicinity recently sold for a lower price, suggesting potential overvaluation.
Limited View Profile: While offering pleasant canyon and tree views, the property lacks the highly coveted panoramic city lights or ocean views that often command top-tier pricing in this exclusive Los Angeles market.
High Maintenance Demands: The expansive 1+ acre manicured grounds and extensive luxury amenities (infinity pool, putting green) will require substantial ongoing maintenance and associated costs, which could be a consideration for potential buyers.

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