$7,995,000

Estimated payment $59,313/month

Total Views 2,163
3.85 Acres
$2,074,360 Price per Acre
167,889 Sq Ft Lot

Highlights

  • Ocean View
  • Warner Avenue Elementary Rated A
  • 3.85 Acre Lot

About This Lot

"Falcon Lair," the legendary nearly four-acre property tucked away on a quiet cul-de-sac in Beverly Hills with panoramic views. Once the playfield of the silent-screen's ultimate heartthrob Rudolph Valentino, then the refuge of billionaire heiress, Doris Duke, with a penchant for art and scandal, this property is the rare historical layering that makes Los Angeles mythology tangible. Here, Valentino galloped his stallions into the golden hour of the 1920s; later Doris Duke summoned jazz greats and poured champagne in velvet-lined salons. The estate is not just another property, it's a stage on which America's fantasy of excess and aspiration unfolded. Valentino purchased the estate in 1925, naming it "Falcon Lair" after the never-made film The Hooded Falcon. Within its walls Valentino filled the home with imported antiques, exotic furnishings and a stable for his Arabian horses, living up to his "Latin Lover" screen persona in real life. In the 1950s, tobacco heiress and cultural icon, Doris Duke, acquired the property, transforming it into a playground for jazz, art, and private luxury while retaining the mystery and grandeur of its past. The property is currently occupied by a caretaker's cottage, two-car garage, much of the original landscaping, including Italian cypress trees and gardens, as well as the original crests, pillars and gates. It is being sold along with plans for a 17,000 square-foot-home designed by Appleton Partners LLP - Architects, with interior design by Mark D. Sikes.

Listing Agent

Josh Flagg

Compass License #01470467 Listed on: 05/15/2026

Compass

Property Details

Property Type

  • Land

Lot Details

  • 3.85 Acre Lot
  • Property is zoned LARE40

Property Views

  • Ocean
  • Panoramic
  • City Lights
  • Woods
  • Canyon
  • Mountain
  • Hills

Listing and Financial Details

  • Assessor Parcel Number 4357-008-024

Property Details

Property Type

Land

Lot Details

3.85 Acres

Listing Details

  • Property Type: Land
  • Street Number Display: Yes
  • Lot Acreage: 3.8542
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • View: Canyon, City, City Lights, Hills, Mountains, Ocean, Panoramic, Trees/Woods
  • View: Yes

Utilities

  • Cable: No
  • Telephone: No

Lot Info

  • Assessor Parcel Number: 4357-008-024
  • Lot Size Area: 167891

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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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

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
2025 $193,554 $16,236,481 $15,911,752 $324,729
2024 $191,648 $15,918,119 $15,599,757 $318,362
2023 $187,866 $15,606,000 $15,293,880 $312,120
2022 $179,041 $15,300,000 $14,994,000 $306,000
2021 $70,532 $5,941,242 $5,928,870 $12,372
2020 $71,214 $5,880,323 $5,868,077 $12,246
2019 $68,330 $5,765,023 $5,753,017 $12,006
2018 $68,088 $5,651,984 $5,640,213 $11,771
2016 $65,202 $5,432,513 $5,421,198 $11,315
2015 $64,236 $5,350,913 $5,339,767 $11,146
2014 $64,452 $5,246,097 $5,235,169 $10,928
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 Prior Sale
05/15/2026 05/15/26 For Sale $7,995,000 -46.7% --
03/09/2021 03/09/21 Sold $15,000,000 -14.3% -- View Prior Sale
02/10/2020 02/10/20 Price Changed $17,500,000 -7.9% --
08/05/2019 08/05/19 Price Changed $19,000,000 -35.6% --
07/01/2018 07/01/18 For Sale $29,500,000 -- --
Source: The MLS

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 Type Sale Price Title Company
Grant Deed $15,000,000 First American Title Company O
Grant Deed -- Chicago Title
Quit Claim Deed -- --
Grant Deed -- Stewart Title Company
Executors Deed -- Stewart Title
Source: Public Records

Mortgage 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 Status Loan Amount Loan Type
Closed $8,250,000 Commercial
Closed $4,000,000 Commercial
Closed $7,100,000 New Conventional
Closed $2,468,000 New Conventional
Closed $3,216,000 Unknown
Source: Public Records

Source: The MLS

MLS Number: 26833729

The MLS

APN: 4357-008-024

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