NOT LISTED FOR SALE

Estimated Value: $6,542,000 - $20,278,561

6 Beds
9 Baths
12,586 Sq Ft
$1,065/Sq Ft Est. Value

Last Sold September 19, 2024

Last sale price $19,000,000 $1,510 Per Sq Ft

Est. 29% decrease in value since last sale

Current estimated payment $102,348/month

70 Days on Market

Highlights

  • Detached Guest House
  • Tennis Courts
  • 24-Hour Security
  • Warner Avenue Elementary Rated A
  • Wine Cellar
  • Heated In Ground Pool

About This Home

As of September 2024

Enchanting Bel-Air Villa: A Spectacular Retreat Above the City. Nestled behind discreet gates, perched above the bustling cityscape, lies the enchanting Bel-Air Villa, offering breathtaking panoramic vistas. A private, meandering road, flanked by towering, verdant hedges, leads to the grand motor court. Step into the realm of architectural mastery crafted by Oscar Shamamian, where the facade adorned with romantic, climbing vines beckons. Upon entry through the voluminous 2-story foyer, be captivated by the picturesque city vistas that unfold. Renowned designer Michael Smith has curated the interiors to perfection. Limestone flooring guides one to a stately formal living room boasting lofty ceilings, a majestic stone fireplace, and French doors opening onto a charming veranda. Adjacent, a sun-kissed office adorned with bespoke shelving and a terrace awaits. The generous formal dining room, with its white wood-beamed ceiling and intricate crown molding, exudes elegance with textured wallpaper accents. Ascend the architecturally unique stacked staircase to discover the sumptuous primary bedroom suite, featuring a fireplace, wrap-around terrace, and not one, but two luxurious bathroom suites. Her sanctuary boasts a glamorously appointed soaking tub, a fireplace, and vaulted exposed wood beam ceilings, offering tranquil views. His retreat features a marble bathroom, patio access, and a spacious walk-in closet. Completing the upper level are four additional bedroom suites, accessed via a discreet back staircase leading to a striking gallery bathed in dramatic lighting and glass doors opening onto a terrace with serene canyon vistas. The heart of the home, the gourmet chef's kitchen, delights with a central island, top-of-the-line appliances, a butler's pantry, and a quaint breakfast nook. Adjacent, a spacious family room beckons with a cozy fireplace, built-in bar, and a discreetly concealed projector screen. Outside, the vibrant grounds invite alfresco dining and lounging amidst a profusion of blooming flowers, verdant foliage, and bountiful herbs, evoking the charm of an English country garden. Entertainment abounds with a swimming pool, pool pavilion boasting a fireplace and built-in barbeque, and a spa offering sweeping views. Luxurious amenities abound, including a 3-car garage, staff quarters, a guest house, and a championship North-South tennis court. This magical retreat offers a spectacular retreat within the heart of Bel-Air.

Last Agent to Sell the Property

Linda May

Carolwood Estates License #00475038 Listed on: 06/03/2024

Carolwood Estates

Co-Listed By

Guy Levy

Carolwood Estates License #01374536

Last Buyer's Agent

Joyce Rey

Coldwell Banker Realty License #00465013

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $226,189

Year Built

  • Built in 1990

Lot Details

  • 4.32 Acre Lot
  • Secluded Lot
  • Sprinkler System
  • Lawn
  • Property is zoned LARE40

HOA Fees

  • $12,400 Monthly HOA Fees

Parking

  • 3 Car Detached Garage
  • 7 Open Parking Spaces
  • Parking Storage or Cabinetry
  • Driveway
  • Controlled Entrance

Property Views

  • City Lights
  • Canyon
  • Mountain

Home Design

  • Villa
  • Clay Roof

Interior Spaces

  • 12,586 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • High Ceiling
  • Double Door Entry
  • French Doors
  • Wine Cellar
  • Family Room with Fireplace
  • 5 Fireplaces
  • Great Room
  • Living Room with Fireplace
  • Dining Room
  • Home Office
  • Alarm System

Kitchen

  • Breakfast Area or Nook
  • Walk-In Pantry
  • Oven or Range
  • Microwave
  • Freezer
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Stone

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Fireplace in Primary Bedroom
  • Walk-In Closet
  • Powder Room
  • Maid or Guest Quarters

Laundry

  • Laundry Room
  • Dryer
  • Washer

Pool

  • Heated In Ground Pool
  • Heated Spa
  • In Ground Spa

Outdoor Features

  • Tennis Courts
  • Balcony
  • Covered Patio or Porch
  • Outdoor Grill

Additional Features

  • Detached Guest House
  • Central Heating and Cooling System

Community Details

  • Service Entrance
  • 24-Hour Security

Listing and Financial Details

  • Assessor Parcel Number 4370-007-053

Home Details

Home Type

Single Family

Est. Annual Taxes

$226,189

Year Built

Built in 1990

Lot Details

0

HOA Fees

$12,400 per month

Parking

3

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Villa
  • Levels: Two
  • Street Number Display: Yes
  • Living Area: 12586
  • Lot Acreage: 4.3249
  • Stories: 2
  • Year Built: 1990
  • Number Of Photos: 35
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Master Bedroom, Family Room, Living Room, Patio
  • Flooring: Stone, Wood
  • Bedrooms: 6
  • Fireplaces: 5
  • Full Bathroom: 7
  • Half Bathroom: 2
  • 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: 9.00
  • Den: 0
  • Equipment: Alarm System, Barbeque, Dishwasher, Dryer, Garbage Disposal, Ice Maker, Microwave, Refrigerator, Range/Oven, Freezer, Washer, Built-Ins
  • Fireplace: Yes
  • Price Per S Q F T: 1708.25

Exterior Features

  • Other Features: Balcony, Barbecue Private, Double Door Entry, French Doors, High Ceilings (9 Feet+), Sprinkler System
  • Other Structures: GuestHouse, Other
  • Tennis Court: North/South, Private Tennis Court
  • Tennis Court Y/N: Yes
  • Guest House: Detached
  • Pool Description: In Ground, Heated
  • Pool: Yes
  • Roof: Clay
  • Spa: Heated, In Ground
  • Spa Yn: Yes
  • View: Canyon, City, City Lights, Mountains
  • View: Yes

Garage/Parking

  • Garage Spaces: 3
  • Other Spaces: 7
  • Covered Parking: 3
  • Parking Garage: Driveway, Garage - 3 Car, Uncovered, Controlled Entrance, Covered Parking, Private, Detached, Built-In Storage
  • Total Parking: 10

Utilities

  • Cooling: Central
  • Heating: Central
  • Security: 24 Hour, Community, Gated Community with Guard

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • HOA Fees: 12400.00
  • HOA: Yes

Lot Info

  • Assessor Parcel Number: 4370-007-053
  • Lot Description: Gated Community, Gated with Guard, Lawn, Secluded
  • Lot Size Area: 188448

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 17, 2004
Sold by
Hughes B Wayne and The B W Hughes Living Trust
Bought by
Flekman Manny and Baren Charles
Current Estimated Value
$13,410,281

Purchase Details

Closed on
Dec 30, 2003
Sold by
10702 Levico Way Llc
Bought by
Hughes B Wayne and The B W Hughes Living Trust

Purchase Details

Closed on
Sep 8, 1999
Sold by
Knupfer Nancy and The Bankruptcy Estate Of Larry
Bought by
10702 Levico Way Llc
Source: Public Records

Range of Values:

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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
Flekman Manny -- --
Hughes B Wayne -- Provident Title Company
10702 Levico Way Llc -- Provident Title
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/19/2024 09/19/24 Sold $19,000,000 -11.6% $1,510 / Sq Ft
08/12/2024 08/12/24 Pending -- -- --
07/24/2024 07/24/24 Price Changed $21,500,000 -20.4% $1,708 / Sq Ft
06/03/2024 06/03/24 For Sale $27,000,000 -- $2,145 / 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 $226,189 $19,000,000 $15,400,000 $3,600,000
2024 $226,189 $18,664,385 $13,381,622 $5,282,763
2023 $221,753 $18,298,418 $13,119,238 $5,179,180
2022 $211,390 $17,939,627 $12,861,999 $5,077,628
2021 $208,892 $17,587,870 $12,609,803 $4,978,067
2019 $202,511 $17,066,206 $12,235,790 $4,830,416
2018 $201,580 $16,731,575 $11,995,873 $4,735,702
2016 $192,913 $16,081,869 $11,530,059 $4,551,810
2015 $190,056 $15,840,305 $11,356,867 $4,483,438
2014 $190,562 $15,530,016 $11,134,402 $4,395,614
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 24-399299

The MLS

APN: 4370-007-053