9650 Cedarbrook Drive, Beverly Hills, California 90210, Beverly Hills, 90210 - 19 bed, 33 bath

9650 Cedarbrook Drive, Beverly Hills, California 90210 home-pic-0
ACTIVE$29,995,000
9650 Cedarbrook Drive, Beverly Hills, California 90210
19Beds
33Baths
50,000Sqft
1,202,114Lot
Year Built
Close
-
List price
$30M
Original List price
$30M
Price/Sqft
$600
HOA
-
Days on market
-
Sold On
-
MLS number
25504919
Home ConditionTear down
Features
Excellent View: City Lights, Canyon, Mountain(s), Ocean
ViewCity Lights,Canyon,Mountain(s),Ocean

About this home

We found 3 Cons,7 Pros. Rank: price - $30.00M(96th), sqft - 50000(99th), beds - 19(99th), baths - 33(99th).

Truly once in a lifetime and one of a kind, this unparalleled property is destined to be the ultimate representation of style and success. This exceedingly private apx. 27.5-acre compound is set on its own promontory just above Beverly Hills. Views are unmatched, extending to the Pacific Ocean and spanning majestic hills, rugged canyons and millions of lights in the city below. A long, gated and elevated driveway accesses the property, which, when complete, will harmonize with the natural setting and erase lines between indoor and outdoor living spaces. There is the potential for two homes to be built encompassing apx. 25,000 square feet each. This will be one of the top show-places every built. Literally above it all, the property is remarkably convenient to the finest dining and shopping that the city has to offer!

Nearby schools

9/10
Wonderland Avenue Elementary School
Public,K-51.6mi
9/10
West Hollywood Elementary School
Public,K-51.7mi
9/10
Warner Avenue Elementary School
Public,K-53.0mi
9/10
Roscomare Road Elementary School
Public,K-53.4mi
8/10
Hawthorne Elementary School
Public,K-82.1mi
8/10
El Rodeo Elementary School
Public,K-82.8mi
6/10
Walter Reed Middle School
Public,6-83.3mi
3/10
Hubert Howe Bancroft Middle School
Public,6-84.3mi
2/10
Van Nuys Middle School
Public,6-84.9mi
7/10
Fairfax Senior High School
Public,9-123.1mi
9/10
Beverly Hills High School
Public,9-123.1mi
8/10
North Hollywood Senior High School
Public,9-124.2mi
6/10
Ulysses S. Grant Senior High School
Public,9-124.9mi
6/10
University Senior High School
Public,9-125.3mi
6/10
University Senior High School Charter
Public,9-125.3mi
6/10
Van Nuys Senior High School
Public,9-126.3mi

Price History

Date
Event
Price
04/02/12
Sold
$2,470,524
06/24/04
Sold
$3,000,000
Condition Rating
Tear down

This listing is for a 27.5-acre undeveloped lot with significant development potential, not an existing habitable home. The images provided are primarily aerial views of the land and architectural renderings of potential future luxury homes, not actual photos of an existing structure. The description explicitly states 'There is the potential for two homes to be built' and highlights 'Substantial Development Investment Required.' Therefore, the property's current condition, as a residential structure, is unlivable, and its value is based solely on the land and its potential for redevelopment, aligning with the 'tear-down' criteria.
Pros & Cons

Pros

High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 1202114, living area = 50000.
Great Schools: Elementary School: Warner Avenue Elementary School (9/10). High School: Beverly Hills High School (9/10).
Prime Beverly Hills Promontory Location: An exceedingly private 27.5-acre compound set on its own promontory in the prestigious 90210 zip code, offering unparalleled exclusivity and a 'once in a lifetime' opportunity.
Unmatched Panoramic Views: Boasts breathtaking, expansive views extending to the Pacific Ocean, majestic hills, rugged canyons, and city lights, a significant and rare value driver.
Exceptional Development Opportunity: Offers the rare potential to construct two ultra-luxury homes, each approximately 25,000 square feet, creating a bespoke, world-class estate and 'top show-place'.
Ultimate Privacy and Security: Accessed via a long, gated, and elevated driveway, ensuring maximum seclusion and security for a high-profile owner.
Convenient Access to Luxury Amenities: Despite its private setting, the property is remarkably close to Beverly Hills' renowned dining, shopping, and entertainment.

Cons

Substantial Development Investment Required: The property is offered as land with development potential, necessitating significant additional capital and time for construction of the proposed luxury residences beyond the initial purchase price.
Niche Buyer Market: The extremely high list price and the scale of the required development limit the potential buyer pool to a very exclusive segment of ultra-high-net-worth individuals.
Complex Permitting and Construction Process: Developing two large estates on a promontory in Beverly Hills will likely involve extensive and potentially lengthy regulatory approvals, design challenges, and complex construction management.

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