Seller's Agent in 2023
Brooke Elliott Laurinkus
Christie's International Real Estate SoCal
(310) 463-2944
2 in this area
51 Total Sales
10048 Cielo Dr Beverly Hills, CA 90210
Beverly Crest NeighborhoodEstimated Value: $8,220,000 - $11,194,446
7
Beds
6.5
Baths
7,800
Sq Ft
$1,195/Sq Ft
Est. Value
Highlights
- Guest House
- Home Theater
- Auto Driveway Gate
- Warner Avenue Elementary Rated A
- Cabana
- City Lights View
About This Home
As of May 2023Escape to a magnificent private oasis in the heart of Beverly Hills with birds eye views from the city to the ocean. Enter through gates up a 500 ft long private driveway under lush foliage to a spectacular villa set on over an acre. A blend between European sophistication and modern design, this palatial villa embodies California living at its finest. The beautifully appointed main house has an open floor plan with seamless indoor-outdoor flow to the sprawling grounds and pool area. The main level features a chef's kitchen, living room, dining room, great room, office, and 3 guest suites. The entire upstairs consists of the extraordinary primary suite, replete with jetliner city and ocean views, a fireplace, dual oversized closets and balconies. The perfectly appointed primary bath has a massive rain shower, separate tub and dual vanities. The guest house consists of two separate suites situated nicely above the garage. Additional amenities include a newly built gym as well as a state of the art cinema room. Surrounded by lush landscaping, the expansive grounds showcase a pool with waterfall, al-fresco dining areas, sky bar, fire pit and more, all with panoramic views. There is also significant land that has not yet been built on, with endless possibilities. Smart-home and security features throughout. Moments from the best dining, shopping and entertainment the city has to offer.
Last Agent to Sell the Property
Christie's International Real Estate SoCal License #01965650 Listed on: 09/15/2022
Last Buyer's Agent
Austin Shake
Douglas Elliman of California, Inc. License #02084230
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $133,060
Year Built
- Built in 1941
Lot Details
- 1.26 Acre Lot
- Lot Dimensions are 76x520
- Property is zoned LARE15
Property Views
- Skyline
- Canyon
- Mountain
- Hills
- Pool
Home Design
- Contemporary Architecture
Interior Spaces
- 7,800 Sq Ft Home
- 3-Story Property
- Built-In Features
- Bar
- Formal Entry
- Great Room
- Family Room
- Living Room with Fireplace
- Home Theater
- Home Office
- Home Gym
- Alarm System
- Basement
Kitchen
- Breakfast Bar
- Oven or Range
- Microwave
- Freezer
- Ice Maker
- Dishwasher
- Disposal
Flooring
- Wood
- Porcelain Tile
Bedrooms and Bathrooms
- 7 Bedrooms
- Fireplace in Primary Bedroom
- Walk-In Closet
Laundry
- Laundry Room
- Dryer
- Washer
Parking
- 10 Car Attached Garage
- Driveway
- Auto Driveway Gate
Pool
- Cabana
- Heated In Ground Pool
- Waterfall Pool Feature
Outdoor Features
- Open Patio
- Fire Pit
- Outdoor Grill
Additional Homes
- Guest House
Utilities
- Central Heating and Cooling System
- Cable TV Available
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 4357-016-020
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 15, 2022
Closed on
May 1, 2023
Sold by
Tin-Rez Properties Llc
Bought by
Bafam Corp
Seller's Agent
Brooke Elliott Laurinkus
Christie's International Real Estate SoCal
Buyer's Agent
Austin Shake
Douglas Elliman of California, Inc.
List Price
$16,499,000
Sold Price
$10,800,000
Premium/Discount to List
-$5,699,000
-34.54%
Views
837
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,479,518
Avg. Annual Appreciation
-4.54%
Purchase Details
Listed on
Jan 5, 2016
Closed on
Jul 5, 2016
Sold by
Makowsky Richard
Bought by
Tin Rez Properties Llc
Seller's Agent
Ben Bacal
Revel Real Estate
Buyer's Agent
Margy Mc Atee
No Firm Affiliation
List Price
$17,500,000
Sold Price
$13,100,000
Premium/Discount to List
-$4,400,000
-25.14%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-2.79%
Purchase Details
Listed on
Jul 28, 2014
Closed on
Sep 19, 2014
Sold by
Schaeffer Darren J
Bought by
Makowsky Richard and Makowsky Christine
Seller's Agent
Joseph Babajian
Rodeo Realty
Buyer's Agent
Connie Blankenship
Carolwood Estates
List Price
$5,695,000
Sold Price
$5,500,000
Premium/Discount to List
-$195,000
-3.42%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
60.27%
Original Mortgage
$5,417,500
Interest Rate
4.07%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jan 25, 1999
Sold by
Thacher School
Bought by
Schaeffer Darren J
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$750,000
Interest Rate
6.73%
Purchase Details
Closed on
Aug 11, 1998
Sold by
Lamb Thacher School Trust and Thacher School
Bought by
The Thacher School Inc
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Bafam Corp | $10,800,000 | Fidelity National Title | |
| Tin Rez Properties Llc | $13,100,000 | Equity Title Company | |
| Makowsky Richard | $5,500,000 | Lawyers Title Company | |
| Schaeffer Darren J | $937,500 | Equity Title | |
| The Thacher School Inc | -- | Chicago Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Tin-Rez Properties Llc | $6,000,000 | |
| Previous Owner | Makowsky Richard | $5,417,500 | |
| Previous Owner | Schaeffer Darren J | $809,000 | |
| Previous Owner | Schaeffer Darren J | $1,375,000 | |
| Previous Owner | Schaeffer Darren I | $440,000 | |
| Previous Owner | Schaeffer Darren J | $3,000,000 | |
| Previous Owner | Schaeffer Darren J | $3,000,000 | |
| Previous Owner | Schaeffer Darren J | $450,000 | |
| Previous Owner | Schaeffer Darren J | $3,000,000 | |
| Previous Owner | Schaeffer Darren J | $454,000 | |
| Previous Owner | Schaeffer Darren J | $750,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/12/2023 05/12/23 | Sold | $10,800,000 | -10.0% | $1,385 / Sq Ft |
| 04/10/2023 04/10/23 | Pending | -- | -- | -- |
| 03/09/2023 03/09/23 | Price Changed | $11,995,000 | -3.6% | $1,538 / Sq Ft |
| 01/21/2023 01/21/23 | Price Changed | $12,448,000 | -7.8% | $1,596 / Sq Ft |
| 12/02/2022 12/02/22 | Price Changed | $13,499,000 | -6.9% | $1,731 / Sq Ft |
| 10/28/2022 10/28/22 | Price Changed | $14,499,000 | -12.1% | $1,859 / Sq Ft |
| 09/15/2022 09/15/22 | For Sale | $16,499,000 | +25.9% | $2,115 / Sq Ft |
| 07/15/2016 07/15/16 | Sold | $13,100,000 | -11.8% | $2,279 / Sq Ft |
| 06/30/2016 06/30/16 | Pending | -- | -- | -- |
| 04/14/2016 04/14/16 | Price Changed | $14,850,000 | -15.1% | $2,583 / Sq Ft |
| 01/05/2016 01/05/16 | For Sale | $17,500,000 | +218.2% | $3,044 / Sq Ft |
| 09/12/2014 09/12/14 | Sold | $5,500,000 | -3.4% | $846 / Sq Ft |
| 07/28/2014 07/28/14 | For Sale | $5,695,000 | -- | $876 / Sq Ft |
Source: The MLS
Tax History Compared to Growth
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $133,060 | $11,236,319 | $4,349,704 | $6,886,615 |
| 2024 | $133,060 | $11,016,000 | $4,264,416 | $6,751,584 |
| 2023 | $176,177 | $14,613,297 | $13,386,228 | $1,227,069 |
| 2022 | $167,905 | $14,326,762 | $13,123,753 | $1,203,009 |
| 2021 | $165,945 | $14,045,846 | $12,866,425 | $1,179,421 |
| 2019 | $160,849 | $13,629,240 | $12,484,800 | $1,144,440 |
| 2018 | $160,432 | $13,362,000 | $12,240,000 | $1,122,000 |
| 2016 | $67,047 | $5,583,874 | $3,286,973 | $2,296,901 |
| 2015 | $66,055 | $5,500,000 | $3,237,600 | $2,262,400 |
| 2014 | $23,049 | $1,848,218 | $675,498 | $1,172,720 |
Source: Public Records
Agents Affiliated with this Home
-
Brooke Elliott Laurinkus
-
Aaron Kirman
Seller Co-Listing Agent in 2023
Aaron Kirman
Christie's International Real Estate SoCal
(424) 249-7162
23 in this area
280 Total Sales
-
A
Buyer's Agent in 2023
Austin Shake
Douglas Elliman of California, Inc.
-
Heather Altman
Buyer Co-Listing Agent in 2023
Heather Altman
Douglas Elliman of California, Inc.
(310) 924-4664
2 in this area
61 Total Sales
-
Ben Bacal
Seller's Agent in 2016
Ben Bacal
Revel Real Estate
(214) 502-0366
3 in this area
41 Total Sales
-
Rayni Williams
Seller Co-Listing Agent in 2016
Rayni Williams
The Beverly Hills Estates
(310) 925-9281
13 in this area
162 Total Sales
Map
Source: The MLS
MLS Number: 22-198629
APN: 4357-016-020
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