See Home Value
$20,140,000*
House - Off Market

1024 Summit Dr

Beverly Hills, CA 90210
bedrooms
7 Beds
bathrooms
9 Baths
square feet
12000 Sqft
$18,000,000 - $21,998,000
Reference Base Price*
0.71%
Since Sep 1, 2023
CA-Los Angeles
Primary Model
Sold Apr 26, 2013
$10,600,106
$8,000,000 by Jpmorgan Chase Bank Na
Mortgage Due Aug 01, 2049
Sold Apr 25, 2012
$7,700,077
$4,235,000 by Wells Fargo Bank Na
Mortgage Due May 01, 2042

About This Property

PLEASE DO NOT CALL SELLER, house is available for lease. Flawlessly executed, an estate of ultimate exclusivity on nearly an acre of privately-gated land, this trophy property was built by architect William Beckett to capture an architectural escape while boasting the most luxurious of amenities and sited in prime Beverly Hills.  Fully reimagined in 2015, large walls of glass bathing the open rooms in natural light, a quintessential wooden curved wall gives a nod to the midcentury architecture and matches the curvature of the exterior grand entrance, and a state-of-the-art chefs kitchen with Miele appliances create a home of functionality and sophistication. A sculptural staircase and lush views from every angle upstairs provide 3 additional secondary bedrooms and the voluminous primary boasting dual closets, a spa-like bathroom with shower, sitting tub, and vanity, an elevator accessing the lower levels, and a private terrace with a hot tub overlooking views of the city. Amenities at scale, the estate was made for both a serene intimate lifestyle and grand gatherings alike, featuring a nail & hair salon, massage room, oversized gym with a view overlooking the backyard terrace, a wine cellar, walk-in safe for additional security, at home theater, and elevator. All rooms of this contemporary 12,000 square foot estate lead to the outdoor oasis with a meditation garden, complete outdoor kitchen with seating, sculpture garden, dual level yard space, a zero-edge infinity pool, a greenhouse, oversized detached garage, and a winding private driveway off this prime Beverly Hills street.

The manager has listed the unit size as 12000 square feet.
Unit Size
12,000Ft²
Days on Market
-
Land Size
0.97 acres
Price per sqft
$1,667
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1924

Price History

Date / Event Date Event Price
Aug 2, 2023 No longer available -
No longer available
Feb 9, 2023 Listed $19,999,000
Listed
Jan 30, 2023 No longer available -
No longer available
Jan 6, 2023 Listed $19,950,000
Listed
Set behind gates on one of the most prestigious streets in Beverly Hills, this iconic estate by noted architect William S. Beckett is nothing short of a masterpiece. Fully reimagined in 2015, the home showcases grand-scale living spaces, soaring ceilings, and exquisite finishes, with floor-to-ceiling walls of glass revealing far-reaching views. Among its impressive features are a staggering chef's kitchen, walk-in wine cellar, state-of-the-art theatre, Gym, Hair Salon, Massage room, Candy…
Dec 20, 2022 No longer available -
No longer available
Show More

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1924
  • Effective Year Built: 1990
  • Building Count: 1
  • Total Rooms: 20
  • Bedroom Count: 7
  • Bathroom Count: 7
  • Full Bathrooms: 7
  • Partial Bathrooms: 7
  • Building Quality: E
  • Construction Type: Wood
  • Building Style: Modern
  • Exterior Walls Type: Stucco
  • Roof Shape Type: Flat
  • Roof Cover Type: Roll composition
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 3
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 42,132
  • Lot Size Depth Feet: 3,000
  • Lot Size Frontage Feet: 1,380
  • Total Building Area: 8,880
  • Building Area: 8,880
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 8,880
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: 20435
  • Land Acres: 0.967
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TRACT # 20435 LOT 1 AND LOT COM SE ON NE LINE OF LOT 2,94.38 FT FROM MOST N COR OF SD LOT TH SE ON SD NE LINE 112.47 FT TH N 34 3349 W 72.25 FT TH N 21 2201 W 40.91 FT TO BEG PART OF LOT/SEC 2

Ownership

  • Current Owner : AGORA OAK LLC
  • Previous Owner : PHILLIPS BRANDON K
  • Previous Owner 2: PHILLIPS FAMILY TRUST
  • Owner Before Previous Owner: 1024 HOLDINGS LLC
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Beverly Hills Unified School District
  • Census Tract: 700700

Zoning

  • Zoning: BHR1*

Geography

  • Assessors Map Reference: 33-A5
  • Subdivision Tract Number: 20435
  • Parcel: 4348-010-019
  • Lot: 1
  • Municipality: WEST /BEV HILLS NORTH
  • Latitude: 34.0855
  • Longitude: -118.42

    Address

  • Full Address: 1024 Summit Dr
  • Address - House Number: 1024
  • Address - Street Name: Summit
  • Address - Suffix Type: Dr
  • State: CA
  • City Name: Beverly Hills
  • Carrier Code: C023
  • 4-Digit Zip Code: 2815
  • Zip Code: 90210

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $147,358
  • Tax Rate Code Area: 02-410

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $8,000,000
  • First Open Lien Mortgage Lender: JPMORGAN CHASE BANK NA
  • First Open Lien Mortgage Recording Date: Jul 19, 2019
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $8,000,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • First Open Lien Mortgage Loan Due Date: Aug 01, 2049

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $12,546,269
  • Assessed Land Value: $8,722,735
  • Assessed Improvements Value: $3,823,534

    Sales

  • Current Sale Contract Date: Mar 07, 2013
  • Current Sale Recording Date: Apr 26, 2013
  • Current Sale Transaction ID: 1007600026
  • Current Sale Price: $10,600,106
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 13-0626730
  • Previous Sale Recording Date: Apr 25, 2012
  • Previous Sale Contract Date: Mar 30, 2012
  • Previous Sale Amount: $7,700,077
  • Previous Sale Document Type: Grant Deed

    Previous Mortgages

  • Previous Mortgage Lender: WELLS FARGO BANK NA
  • Previous Mortgage Transaction Date: Apr 25, 2012
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $4,235,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • Previous Mortgage Loan Due Date: May 01, 2042



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
6 Beds
8.5 Baths
9,000 ft²
$2,444/ft²
$21,995,000 Apr 6, 2023
-
-
House
6 Beds
6 Baths
6,066 ft²
$2,784/ft²
$16,890,000 Apr 6, 2023
-
-
Land
Loft
-
-
$18,950,000 Mar 27, 2023
-
-

About Beverly Hills


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Frequently Asked Questions

When was property at 1024 Summit Drive built and last sold?
The property at 1024 Summit Drive was built in 1924 and last sold on Mar 7, 2013 for $10,600,106.
How much is this home worth?
The estimated value of the home located at 1024 Summit Drive is $20,198,990.
What are some comparable homes to 1024 Summit Drive?
There are currently no comparable homes to 1024 Summit Drive.

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