NOT LISTED FOR SALE

1027 Ridgedale Dr Beverly Hills, CA 90210

Estimated Value: $5,221,000 - $10,564,752

4 Beds
5 Baths
4,392 Sq Ft
$1,862/Sq Ft Est. Value

Last Sold July 03, 2023

Last sale price $10,600,000 $2,413 Per Sq Ft

Est. 23% decrease in value since last sale

Current estimated payment $54,854/month

22 Days on Market

Highlights

  • Filtered Pool
  • 0.59 Acre Lot
  • Living Room with Fireplace
  • Beverly Hills High School Rated A
  • Maid or Guest Quarters
  • French Architecture

About This Home

As of July 2023

A rare offering, Maison Lucile is an iconic French Norman-Eclectic Revival estate nestled in a bucolic setting on a coveted cul-de-sac along star-studded Ridgedale Drive. On a street known for its legendary entertainment industry cachet, the property presents as one of the best preservation and restoration opportunities to come to market in Beverly Hills. Designed by architect Nicholas A. Kabush in 1935, the exquisite residence retains an excellent level of original historic integrity and detail.The compound features four bedrooms, four bathrooms, an expansive pool, and verdant gardens on a prime .6-acre lot in one of Beverly Hills' most exclusive neighborhoods. The timeless exterior boasts a steeply pitched slate-clad roof with steeple-like finials, round towers with conical roofs, decorative half-timbering, distinctive stonework, leaded glass windows, and the original whimsical bird weathervane. A detached garage with parking for three cars and a gated circular drive complements the home's asymmetrical faade. Additionally, there is a lower level with a sitting room, bedroom, private bath, and separate entrance.Prominent early 20th-century California landscape architect Edward Huntsman-Trout was brought in to create the picturesque landscape design. His work at the estate reflects his penchant for mixing European classical garden design with California-style plantings. The home beautifully integrates with the surrounding landscape, with most of Huntsman-Trout's original design remaining intact. Meandering boxwood-lined pathways provide picturesque views and vistas throughout the garden, leading to a tranquil destination pool.On the border between Beverly Hills and Holmby Hills this street-to-street lot compound, with access from Ridgedale and Hanover, is surrounded by $30M-$60+M estates. Embodying Old-World style, Maison Lucile's unparalleled location and historic architectural design combine to create the ultimate opportunity to preserve and restore this iconic estate. Shown to pre-qualified buyers only.

Last Agent to Sell the Property

JB Fung

Compass License #01332492 Listed on: 05/11/2023

Compass

Last Buyer's Agent

David Parnes

Carolwood Estates License #01905862

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $127,568

Year Built

  • Built in 1935

Lot Details

  • 0.59 Acre Lot
  • Lot Dimensions are 114x230
  • Cul-De-Sac
  • Fenced Yard
  • Back Yard
  • Historic Home
  • Property is zoned BHR1*

Parking

  • 3 Car Garage
  • Brick Driveway

Home Design

  • French Architecture

Interior Spaces

  • 4,392 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Bar
  • Formal Entry
  • Family Room
  • Living Room with Fireplace
  • 2 Fireplaces
  • Breakfast Room
  • Dining Room
  • Library with Fireplace
  • Loft
  • Attic
  • Basement

Kitchen

  • Oven or Range
  • Dishwasher

Flooring

  • Wood
  • Stone
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • Powder Room
  • Maid or Guest Quarters
  • 5 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Security System Owned
  • Fire and Smoke Detector

Pool

  • Filtered Pool
  • In Ground Pool

Outdoor Features

  • Balcony
  • Shed

Utilities

  • Window Unit Cooling System
  • Gravity Heating System
  • Gas Water Heater
  • Sewer in Street

Community Details

  • No Home Owners Association
  • Service Entrance

Listing and Financial Details

  • Assessor Parcel Number 4348-021-005

Home Details

Home Type

Single Family

Est. Annual Taxes

$127,568

Year Built

Built in 1935

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: French Normandy
  • Street Number Display: Yes
  • Living Area: 4392
  • Lot Acreage: 0.5935
  • Lot Dimensions: 114x230
  • Stories: 2
  • Year Built: 1935
  • Number Of Photos: 45
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Living Room, Library
  • Flooring: Wood, Ceramic Tile, Stone Tile
  • Bedrooms: 4
  • Fireplaces: 2
  • Full Bathroom: 5
  • Half Bathroom: 0
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 1
  • Family Room: 1
  • Laundry: Room
  • Maids Room: 1
  • Total Bathrooms: 5.00
  • Den: 0
  • Equipment: Alarm System, Dishwasher, Dryer, Washer, Refrigerator, Range/Oven
  • Fireplace: Yes
  • Price Per S Q F T: 1934.20

Exterior Features

  • Other Features: Balcony, Historical
  • Other Structures: Shed(s)
  • Pool Description: In Ground, Filtered
  • Pool: Yes
  • Spa Yn: No
  • View: No

Garage/Parking

  • Garage Spaces: 3
  • Covered Parking: 3
  • Parking Garage: Garage - 3 Car, Driveway - Brick
  • Total Parking: 3

Utilities

  • Water Heater: Gas
  • Cooling: Window Unit(s)
  • Heating: Gravity
  • Security: Owned, Gated, Smoke Detector
  • Sewer: In Street Paid

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 4348-021-005
  • Lot Description: Back Yard, Fenced Yard, Fenced
  • Lot Location: Cul-De-Sac
  • Lot Size Area: 25855

Rental Info

  • Furnished: Furnished

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 29, 2023
Sold by
1027 Ridgedale Llc
Bought by
Kasem Jean
Current Estimated Value
$8,179,584

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$15,000,000
Outstanding Balance
$14,995,127
Interest Rate
7.44%
Mortgage Type
Reverse Mortgage Home Equity Conversion Mortgage
Estimated Equity
-$6,648,337

Purchase Details

Listed on
May 11, 2023
Closed on
Jun 7, 2023
Sold by
Joseph Charles Roberts Family Trust
Bought by
1027 Ridgedale Llc
Seller's Agent
JB Fung
Compass
Buyer's Agent
David Parnes
Carolwood Estates
List Price
$8,495,000
Sold Price
$10,600,000
Premium/Discount to List
$2,105,000
24.78%
Views
640

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-10.34%

Purchase Details

Closed on
Dec 19, 2014
Sold by
Roberts Joseph C
Bought by
Roberts Joseph Charles and Joseph Charles Roberts Family

Purchase Details

Closed on
Apr 3, 2000
Sold by
Roberts Joseph and Roberts Barbara
Bought by
Roberts Joseph C and Roberts Barbara
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Kasem Jean -- Accommodation/Courtesy Recordi
1027 Ridgedale Llc $10,600,000 Equity Title
Roberts Joseph Charles -- None Available
Roberts Joseph C -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kasem Jean $15,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/03/2023 07/03/23 Sold $10,600,000 +24.8% $2,413 / Sq Ft
06/02/2023 06/02/23 Pending -- -- --
05/11/2023 05/11/23 For Sale $8,495,000 -- $1,934 / Sq Ft
Source: The MLS

Tax History Compared to Growth

Source: Public Records

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 $127,568 $10,812,000 $8,772,000 $2,040,000
2024 $127,568 $10,600,000 $8,600,000 $2,000,000
2023 $7,289 $568,369 $381,732 $186,637
2022 $7,088 $557,226 $374,248 $182,978
2021 $6,861 $546,301 $366,910 $179,391
2019 $6,670 $530,099 $356,028 $174,071
2018 $6,278 $519,706 $349,048 $170,658
2016 $5,978 $499,527 $335,495 $164,032
2015 $5,731 $492,025 $330,456 $161,569
2014 $5,567 $482,388 $323,983 $158,405
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 23-268693

The MLS

APN: 4348-021-005