NOT LISTED FOR SALE

1240 Shadow Hill Way Beverly Hills, CA 90210

Estimated Value: $5,847,000 - $21,252,125

6 Beds
7 Baths
5,437 Sq Ft
$2,492/Sq Ft Est. Value

Last Sold September 06, 2024

Last sale price $20,950,000 $3,853 Per Sq Ft

Est. 35% decrease in value since last sale

Current estimated payment $87,705/month

109 Days on Market

Highlights

  • Ocean View
  • Attached Guest House
  • 0.67 Acre Lot
  • Beverly Hills High School Rated A
  • Infinity Pool
  • Fireplace in Kitchen

About This Home

As of September 2024

This architectural masterpiece is set upon a promontory on one of the most coveted hidden streets in Beverly Hills, Shadow Hill. One-level Ralph Lauren contemporary with seamless indoor/outdoor living and explosive views from downtown to the ocean and everything in between. Huge deck and an 80-foot swimmers infinity pool with spa that over looks the city. Oversized double-gated motor court. Walls of glass allow natural light to fill the home and frame the endless views. Stainless steel kitchen has an oversized island with seating, a mirrored fireplace, and opens to the deck for dining al fresco. Spacious primary suite with views, a spa-like bathroom, and walk-in closet. The latest and greatest amenities including home theater, office, and a guest house with separate entrance that offers 2BD, a gym, and canyon views. Outside enjoy a built-in BBQ, multiple poolside seating areas with heaters, a fire pit, and outdoor shower overlooking the canyon. Experience unparalleled luxury living in this modern estate, just minutes from the best shopping and dining Beverly Hills has to offer.

Last Agent to Sell the Property

Rayni Williams

The Beverly Hills Estates License #01496786 Listed on: 05/13/2024

The Beverly Hills Estates

Co-Listed By

Branden Williams

The Beverly Hills Estates License #01774287

Last Buyer's Agent

Myra Nourmand

Nourmand & Associates-BH License #00983509

Nourmand & Associates-BH

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $190,424

Year Built

  • Built in 1956

Lot Details

  • 0.67 Acre Lot
  • Lot Dimensions are 214x140
  • Property is zoned BHR1*

Parking

  • 2 Car Direct Access Garage

Property Views

  • Ocean
  • City Lights
  • Hills

Home Design

  • Modern Architecture

Interior Spaces

  • 1-Story Property
  • Wood Burning Fireplace
  • Gas Fireplace
  • Family Room with Fireplace
  • 2 Fireplaces
  • Wood Flooring
  • Alarm System

Kitchen

  • Oven or Range
  • Freezer
  • Dishwasher
  • Disposal
  • Fireplace in Kitchen

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 7 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Pool

  • Infinity Pool
  • Heated Spa

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Additional Features

  • Outdoor Grill
  • Attached Guest House

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 4348-002-024

Home Details

Home Type

Single Family

Est. Annual Taxes

$190,424

Year Built

Built in 1956

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Modern
  • Levels: One
  • Street Number Display: Yes
  • Lot Acreage: 0.6665
  • Lot Dimensions: 214x140
  • Stories: 1
  • Year Built: 1956
  • Number Of Photos: 41
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Family Room, Gas, Kitchen, Wood Burning
  • Flooring: Hardwood
  • Bedrooms: 6
  • Fireplaces: 2
  • Full Bathroom: 7
  • Half Bathroom: 0
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Laundry: Room
  • Total Bathrooms: 7.00
  • Den: 0
  • Equipment: Alarm System, Barbeque, Cable, Dishwasher, Dryer, Freezer, Garbage Disposal, Hood Fan, Range/Oven, Refrigerator, Washer
  • Fireplace: Yes

Exterior Features

  • Other Structures: None
  • Guest House: Attached
  • Pool Description: In Ground, Negative Edge/Infinity Pool, Private
  • Pool: Yes
  • Spa: Heated, Private
  • Spa Yn: Yes
  • View: City, Ocean, Hills, City Lights
  • View: Yes

Garage/Parking

  • Garage Spaces: 2
  • Other Spaces: 2
  • Covered Parking: 2
  • Parking Garage: Attached, Direct Entrance, Garage - 2 Car
  • Total Parking: 6

Utilities

  • Cooling: Central
  • Heating: Central

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 4348-002-024
  • Lot Size Area: 29032

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 13, 2024
Closed on
Aug 8, 2024
Sold by
Nahor Properties Llc
Bought by
Charles Street Inc
Seller's Agent
Rayni Williams
The Beverly Hills Estates
Buyer's Agent
Myra Nourmand
Nourmand & Associates-BH
List Price
$24,950,000
Sold Price
$20,950,000
Premium/Discount to List
-$4,000,000
-16.03%
Views
789
Current Estimated Value
$13,549,563

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$7,400,437
Avg. Annual Appreciation
-33.71%

Purchase Details

Closed on
Feb 3, 2010
Sold by
Oerlemans Reinout
Bought by
Nahor Properties Llc

Purchase Details

Closed on
Oct 10, 2007
Sold by
Pjdyh Llc
Bought by
Oerlemans Reinout

Purchase Details

Closed on
May 19, 2005
Sold by
Zimmerman Natalie M
Bought by
Levy Prosper and Levy Rosa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,500,000
Interest Rate
6.25%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Jun 5, 2001
Sold by
Vargas Mary Anne B
Bought by
Zimmerman Natalie M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,329,375
Interest Rate
7.12%

Purchase Details

Closed on
Mar 15, 1998
Sold by
Dervisol S A
Bought by
Vargas Francisco M and Vargas Mary Anne B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
7.18%
Mortgage Type
Stand Alone First
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
Charles Street Inc $20,950,000 Chicago Title Company
Nahor Properties Llc -- Fatcola
Oerlemans Reinout $7,500,000 Ticor Title Co Glendale
Pjdyh Llc -- None Available
Pjdyh Llc -- None Available
Levy Prosper -- --
Zimmerman Natalie M -- Equity Title Company
Vargas Francisco M -- Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Levy Prosper $2,500,000
Previous Owner Zimmerman Natalie M $1,329,375
Previous Owner Vargas Francisco M $500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/06/2024 09/06/24 Sold $20,950,000 -16.0% $3,853 / Sq Ft
08/30/2024 08/30/24 Pending -- -- --
05/13/2024 05/13/24 For Sale $24,950,000 0.0% $4,589 / Sq Ft
11/01/2023 11/01/23 Rented $70,000 -12.5% --
05/25/2023 05/25/23 For Rent $79,995 -- --
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 $190,424 $20,950,000 $16,760,000 $4,190,000
2024 $190,424 $15,818,933 $12,655,151 $3,163,782
2023 $186,965 $15,508,759 $12,407,011 $3,101,748
2022 $181,592 $15,204,667 $12,163,737 $3,040,930
2021 $176,358 $14,906,537 $11,925,233 $2,981,304
2019 $171,265 $14,464,403 $11,571,525 $2,892,878
2018 $164,659 $14,180,788 $11,344,633 $2,836,155
2016 $158,183 $13,630,133 $10,904,108 $2,726,025
2015 $151,393 $13,425,397 $10,740,319 $2,685,078
2014 $146,255 $13,162,413 $10,529,931 $2,632,482
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 24-388599

The MLS

APN: 4348-002-024