Kevin Krakower
Douglas Elliman of California, Inc.
(562) 262-5147
27 Total Sales
1 in Beverly Hills
$2,450,000 Price
1196 Summit Dr Beverly Hills, CA 90210
Beverly Hills AreaEstimated Value: $7,743,000 - $11,768,947
8
Beds
11
Baths
8,684
Sq Ft
$1,124/Sq Ft
Est. Value
Highlights
- Detached Guest House
- Heated In Ground Pool
- City Lights View
- El Rodeo Elementary School Rated 10
- Auto Driveway Gate
- 0.93 Acre Lot
About This Home
As of January 2023First time on the market in 30 years! Privately gated, set at the end of a dramatic driveway and motor court, this architectural estate with sparkling city views is a masterful blend of contemporary and old world aesthetics. Accredited in AD and ELLE Decor, this inimitable property designed by Andrea Michaelson Designs is timeless, contrasting rich detailing of antique wood and wrought iron with the sleek modernism of concrete and steel. Soaring 18-ft ceilings interposed with light wells showcase a studied interplay of volume, light and shadow. Grand-scale spaces framed with custom-built steel doors & sliders open to a lush patio lined with wisteria, al fresco dining area, lawn and pool & spa. Main dwelling comprises of 6 beds, 8 baths with an expansive Master retreat with dual suites. Chef's kitchen features state of the art appliances and pizza oven. Detached guest house (1,850 sqft) built in 2008 with 2 beds, kitchen/dining and living areas. Located on prime Summit Dr in BH.
Last Agent to Sell the Property
Carolwood Estates License #01878839 Listed on: 11/04/2022
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Home Details
Home Type
- Single Family
Year Built
- Built in 1961
Lot Details
- 40,331 Sq Ft Lot
- Lot Dimensions are 182x222
- Property is zoned BHR1*
Property Views
- City Lights
- Trees
- Canyon
- Mountain
- Hills
- Pool
- Courtyard
Interior Spaces
- 8,684 Sq Ft Home
- 2-Story Property
- Built-In Features
- Entryway
- Family Room
- Living Room with Fireplace
- Dining Room
- Library
- Alarm System
Kitchen
- Breakfast Bar
- Walk-In Pantry
- Oven or Range
- Microwave
- Dishwasher
- Disposal
Flooring
- Wood
- Concrete
- Tile
Bedrooms and Bathrooms
- 8 Bedrooms
- Fireplace in Primary Bedroom
- Powder Room
Laundry
- Laundry Room
- Dryer
- Washer
Parking
- 3 Car Attached Garage
- 4 Open Parking Spaces
- Driveway
- Auto Driveway Gate
Pool
- Heated In Ground Pool
- Heated Spa
- In Ground Spa
Utilities
- Zoned Heating and Cooling System
- Cable TV Available
Additional Features
- Covered Patio or Porch
- Detached Guest House
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 4348-003-042
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Nov 4, 2022
Closed on
Jan 24, 2023
Sold by
Hwong Tiffany
Bought by
Seller's Agent
Susan Perryman
Carolwood Estates
Buyer's Agent
Susan Perryman
Carolwood Estates
List Price
$12,595,000
Sold Price
$11,100,000
Premium/Discount to List
-$1,495,000
-11.87%
Views
157
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
-$1,340,018
Avg. Annual Appreciation
-3.52%
Purchase Details
Listed on
Nov 4, 2022
Closed on
Jan 11, 2023
Sold by
Marc G Michaelson Revocable Trust
Bought by
Fong Theodore
Seller's Agent
Susan Perryman
Carolwood Estates
Buyer's Agent
Susan Perryman
Carolwood Estates
List Price
$12,595,000
Sold Price
$11,100,000
Premium/Discount to List
-$1,495,000
-11.87%
Views
157
Purchase Details
Closed on
Feb 17, 2022
Sold by
Gary Michaelson Marc
Bought by
Marc G Michaelson Revocable Trust
Purchase Details
Closed on
Jan 8, 2020
Sold by
City Of Beverly Hills
Bought by
Michaelson Marc
Purchase Details
Closed on
Nov 25, 2019
Sold by
Michaelson Marc G
Bought by
Michaelson Marc G and The Marc G Michaelson Revocabl
Purchase Details
Closed on
Apr 29, 1996
Sold by
Michaelson Marc Gary and Michaelson Marc
Bought by
Michaelson Marc Gary
Purchase Details
Closed on
Apr 18, 1996
Sold by
Michaelson Andrea
Bought by
Michelson Marc Gary
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Beverly Hills, CA
-
Kevin Krakower
-
Mark Yusupov
Mark Yusupov
Responds QuicklyKeller Williams Beverly Hills
(562) 222-5835
28 Total Sales
1 in Beverly Hills
$1,898,000 Price
-
Cindy Ambuehl
Cindy Ambuehl
Responds QuicklyChristie's International Real Estate SoCal
(747) 294-3863
115 Total Sales
1 in Beverly Hills
$10,000,000 Price
-
Michael Khorshidi
Michael Khorshidi
Compass
(424) 336-0183
39 Total Sales
17 in Beverly Hills
$975K - $13.6M Price Range
-
Aneela Zaman
Aneela Zaman
First Team Real Estate
(323) 879-7763
9 Total Sales
1 in Beverly Hills
$12,295,525 Price
-
Crosby Doe
Crosby Doe
Crosby Doe Associates, Inc.
(424) 541-1360
33 Total Sales
1 in Beverly Hills
$4,250,000 Price
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| -- | Equity Title | ||
| Wl Usa Inc | -- | Accommodation/Courtesy Recordi | |
| Fong Theodore | $11,100,000 | Equity Title | |
| Marc G Michaelson Revocable Trust | -- | -- | |
| Michaelson Marc | -- | None Available | |
| Michaelson Marc G | -- | None Available | |
| Michaelson Marc Gary | -- | American Coast Title | |
| Michelson Marc Gary | -- | American Coast Title |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 01/31/2023 01/31/23 | Sold | $11,100,000 | -11.9% | $1,278 / Sq Ft |
| 01/05/2023 01/05/23 | Pending | -- | -- | -- |
| 11/04/2022 11/04/22 | For Sale | $12,595,000 | -- | $1,450 / Sq Ft |
Source: The MLS
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 |
|---|---|---|---|---|
| 2026 | $139,383 | $11,779,408 | $8,489,664 | $3,289,744 |
| 2025 | $139,383 | $11,548,440 | $8,323,200 | $3,225,240 |
| 2024 | $136,503 | $11,322,000 | $8,160,000 | $3,162,000 |
| 2023 | $123,128 | $10,192,248 | $7,140,000 | $3,052,248 |
| 2022 | $53,358 | $4,423,963 | $2,937,931 | $1,486,032 |
| 2021 | $51,793 | $4,337,220 | $2,880,325 | $1,456,895 |
| 2020 | $51,619 | $4,292,748 | $2,850,791 | $1,441,957 |
| 2019 | $50,305 | $4,208,578 | $2,794,894 | $1,413,684 |
| 2018 | $48,280 | $4,126,058 | $2,740,093 | $1,385,965 |
| 2016 | $46,317 | $3,965,841 | $2,633,693 | $1,332,148 |
| 2015 | $44,342 | $3,906,271 | $2,594,133 | $1,312,138 |
| 2014 | $42,872 | $3,829,754 | $2,543,318 | $1,286,436 |
Source: Public Records
Agents Affiliated with this Home
-
Susan Perryman
Seller's Agent in 2023
Susan Perryman
Carolwood Estates
(310) 261-1960
20 Total Sales
-
Lydia Giraldo
Seller Co-Listing Agent in 2023
Lydia Giraldo
Sotheby's International Realty
(818) 968-1785
3 Total Sales
Map
Source: The MLS
MLS Number: 22-215467
APN: 4348-003-042
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© 2026 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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