1022 Summit Drive presents a rare and exceptional development opportunity in one of Beverly Hills' most prestigious neighborhoods, Beverly Hills Gateway. This 0.74-acre (approximately 32,234 sq. ft.) parcel, with current swank mid-century home approx. 7,134 sq. ft. built in 1970, offers a prime canvas for reinvention, restoration, or recreation, creating a luxurious estate in the heart of the iconic 90210 proper. With 6 bedrooms and 7 bathrooms, the existing structure could be braught back right back to its iconic era because of it's functional layout, high ceilings and open concept floorplan already fulfilling currrent market demads, or the expansive lot could support a new, custom-designed masterpiece tailored to the discerning tastes of Beverly Hills' elite in one of the most coveted, world-renowned locations. The property's generous size and prime location make it ideal for developers or visionary owner/users seeking to craft a trophy estate with unparalleled privacy and sophistication on arguably one of the most coveted streets in Beverly Hills.
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Listing Snapshot
Price
$12,500,000
Days On Site
11 Days
Bedrooms
6
Inside Area (SqFt)
N/A
Total Baths
7
Full Baths
5
Partial Baths
2
Lot Size
0.7365 Acres
Year Built
1970
MLS® Number
25606091
Status
Active
Property Tax
N/A
HOA/Condo/Coop Fees
N/A
Sq Ft Source
N/A
Friends & Family
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Recent Activity
4 days ago
Listing updated with changes from the MLS®
2 weeks ago
Listing first seen on site
General Features
Acres
0.7365
Levels
One
Number Of Stories
2
Parking
Driveway
Parking Spaces
3
Property Sub Type
Single Family Residence
Special Circumstances
Standard
Style
MidCenturyModern
Zoning
BHR-1*
Interior Features
Appliances
DishwasherDisposalRefrigeratorDryerWasher
Cooling
Central Air
Fireplace
Yes
Fireplace Features
Living Room
Flooring
CarpetStoneTile
Furnished
Unfurnished
Heating
Central
Laundry Features
Laundry Room
Spa
Yes
Bathroom
Den
Family Room
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Exterior Features
Construction Details
Stone
Pool Features
In Ground
Spa
Yes
Community Features
Financing Terms Available
CashConventional
MLS Area
C01 - Beverly Hills
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Neighborhood & Commute
Source: Walkscore
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