Address
1011 N Beverly Drive Beverly Hills, CA
Price
$ 48,000,000
Property Attributes
  • MLS#21714994
  • TypePending
  • CountyLOS ANGELES
  • CityBeverly Hills
  • AreaBeverly Hills
  • Zip90210
  • StyleMediterranean
  • Price$ 48,000,000
  • Bedrooms9
  • Full Bathrooms15
  • Half Bathrooms0
  • Sqr Footage29000
  • Lot Size3.53 Acres
Listing Provided Courtesy Of:
Gary Gold with Hilton & Hyland
Data Source:
Combined LA/Westside MLS (CLAW) - 318 - CA
Property Description

CH. 7 BANKRUPTCY TRUSTEE SEEKS TO SELL THE PROPERTY SUBJECT TO OVERBID ON September 14th, 2021 at 11:00AM, Courtroom 1368, 255 E. Temple Street, LA CA 90012. THE MINIMUM OVERBID SHALL BE $48,000,000. BID MUST BE IN WRITING AND RECEIVED BY TRUSTEE OR COUNSEL ON OR BEFORE 5PM PST, September 10, 2021. THE COURT SHALL DIRECT AND PRESIDE OVER THE AUCTION AT THE HEARING. ANY OVERBID AFTER THE BASELINE BID SHALL BE IN INCREMENTS OF NO LESS THAN $100,000. THE BID SHALL PROVIDE EVIDENCE OF SUFFICIENT FUNDS TO COMPLETE THE TRANSACTION. One of LA's most iconic and legendary homes. The Hearst Estate was built in 1926 and is a prized property for collectors of fine architecture. As the former residence of newspaper magnate William Randolph Hearst, actress Marion Davies, and even used as a honeymoon hideaway for The Kennedys, The Hearst Estate is anchored in American Legend and is a one-of-a-kind home. Set at the end of one of the city's longest private driveway, this stunning estate pays tribute to its architect, Gordon Kaufman. The main house has 9 bedrooms and 15 bathrooms and enjoys a seemingly endless list of opulent living spaces. A formal living room is set under a soaring 22 ft arched hand-painted ceiling, a historic 2-story wood-paneled library, plus a billiards room w/fireplace reminiscent of Hearst Castle, an art-deco nightclub, 2 projection/screening rooms, grand state public rooms, and entertaining areas that can accommodate 1,000 guests. Complimenting the main house, the ancillary improvements include 2 staff/guest apartments, a pool house, a tennis pavilion, and a two-story 5 bedroom gatehouse. All this is set on 3.5 acres of private grounds with sun-soaked terraces, lawns, waterfalls & Olympic sized pool.

Price History
4/6/2021 Listed $89,750,000
6/28/2021 23% - $69,950,000
8/20/2021 32% - $48,000,000

General Features

Appliances Dishwasher, Disposal, Refrigerator
Architectural Style Mediterranean
Co-Listing Agent State License # 01173073
Co-listing Agent Anthony Marguleas - BRE#01173073
Community Features Gated
Cooling Central Air
Flooring Carpet, Tile, Wood
Heating Central
Interior Features Wine Cellar, Walk-In Closet(s)
Listing Agent Gary Gold - BRE#00813554
Listing Agent State License 00813554
MLS Area C01 - Beverly Hills
Other Structures Guest House
Pool Features Heated, In Ground, Private
Private Pool Yes
Property Sub Type Additional Single Family Residence
Property SubType Single Family Residence
Property Type Residential
Security Features Gated Community, Security Guard
Spa Features Heated, Private
Special Listing Conditions Standard, Bankruptcy Property
Status Pending
Virtual Tour https://vimeo.com/538533975
Zoning BHR1*

Interior Features

Air Conditioning Y/N Yes
Fireplace Features Den, Family Room, Library, Living Room, Master Bedroom
Fireplace Y/N Yes
Full Baths 15
Heating Y/N Yes
Laundry Features Inside, Laundry Room
Living Area 29000
Total Baths 15
Total Bedrooms 9

Exterior Features

Lot Dimensions 409x376
Lot Size Area 153771
Lot Size Square Feet 153771
Lot Size Units Square Feet
Parking Features Circular Driveway
Spa Yes

Room Details

Room Dimensions Level Flooring Details
Den
Entry/Foyer
Entry/Foyer
Family Room
Living Room
Master Bathroom
Media Room
Wine Cellar

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Pending Average in 90210

Price
AVG $7.78M
$48M
Visits
AVG 125
164
Year Built
AVG 1974
1926
Walkscore
AVG 44
12
Data Provided by Walkscore ® not using MLS data

Looking for a more comfortable experience?

Download our mobile app for a personalized browsing experience.