$37,000,000
SOLD JAN 9, 2020
5 Beds
9 Baths
11,000 Sq Ft
0.78 Acres

Recently Sold

$3,364 Per Sq Ft

21% Below List Price

241 Days on Market

Highlights

  • Ocean View
  • Wine Cellar
  • Heated Infinity Pool
  • West Hollywood Elementary School Rated A-
  • Home Theater
  • Auto Driveway Gate

About This Home

As of January 2020

"The Promontory" Ultimate view estate sited on an approx. 3/4 acre point lot. A masterful creation by renowned Architectural designer Tim Morrison, this World-Class modern references elements of Hollywood Regency and the grand estates of Palm Beach. Meticulously crafted interior of approximately 11,000sqft showcasing unparalleled quality. Two-story skylight foyer, grand dining room, formal living room, and mid-century bar all flow effortlessly for entertaining. Spectacular master with explosive jetliner views, sitting room and dual baths. Additional features include a sumptuous screening room, 4 bedrooms, gym, and gourmet kitchen. One of the few drive-on view estates, behind gates with a vast motor court and 4 car garage. The rear grounds offer spectacular formal gardens and dramatic floating zero edge pool. Destined to be a legend.

Last Agent to Sell the Property

Jade Mills

Coldwell Banker Realty License #00526877 Listed on: 05/13/2019

Coldwell Banker Realty

Co-Listed By

Drew Fenton

Carolwood Estates License #01317962

Last Buyer's Agent

Kurt Rappaport

Westside Estate Agency Inc. License #01036061

Westside Estate Agency Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $477,474

Year Built

  • Built in 2019

Lot Details

  • 0.78 Acre Lot
  • Property is zoned LARE15

Property Views

  • Ocean
  • Coastline
  • Panoramic
  • City Lights

Home Design

  • Modern Architecture

Interior Spaces

  • 11,000 Sq Ft Home
  • 2-Story Property
  • Elevator
  • Built-In Features
  • Bar
  • Entryway
  • Wine Cellar
  • Living Room with Fireplace
  • Dining Room with Fireplace
  • Home Theater
  • Den
  • Home Gym
  • Laundry Room

Kitchen

  • Breakfast Area or Nook
  • Oven or Range
  • Freezer
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Stone

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Fireplace in Primary Bedroom
  • Walk-In Closet
  • Powder Room

Parking

  • Private Parking
  • Driveway
  • Auto Driveway Gate

Pool

  • Heated Infinity Pool
  • Heated Spa
  • In Ground Spa

Outdoor Features

  • Covered patio or porch
  • Outdoor Grill

Utilities

  • Central Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 4352-009-054

Home Details

Home Type

Single Family

Est. Annual Taxes

$477,474

Year Built

Built in 2019

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Modern
  • Street Number Display: Yes
  • Living Area: 11000
  • Stories: 2
  • Year Built: 2019
  • Number Of Photos: 21
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Dining, Living Room, Master Bedroom
  • Flooring: Hardwood, Stone
  • Bedrooms: 5
  • Full Bathroom: 1
  • Half Bathroom: 2
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 6
  • Dining Room: 1
  • Family Room: 0
  • Laundry: Room
  • Maids Room: 1
  • Total Bathrooms: 9.00
  • Den: 1
  • Equipment: Barbeque, Bar Ice Maker, Built-Ins, Dishwasher, Elevator, Freezer, Garbage Disposal, Range/Oven, Refrigerator
  • Price Per S Q F T: 3631.82

Exterior Features

  • Other Structures: None
  • Tennis Court Y/N: No
  • Pool Description: Heated, Negative Edge/Infinity Pool, Private
  • Pool: Yes
  • Spa: Heated, In Ground, Private
  • Spa Yn: Yes
  • View: City, City Lights, Coastline, Ocean, Panoramic, Tree Top
  • View: Yes

Garage/Parking

  • Parking Garage: Driveway, Driveway Gate, Garage - 4+ Car, Gated, Private

Utilities

  • Cooling: Central
  • Heating: Central

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 4352-009-054
  • Geocode Override: No
  • Lot Size Area: 34010

Multi Family

  • Number Of Units: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 13, 2019
Closed on
Dec 23, 2019
Sold by
512 Perugia Way Llc
Bought by
The Promontory Llc
Seller's Agent
Jade Mills
Coldwell Banker Realty
Buyer's Agent
Kurt Rappaport
Westside Estate Agency Inc.
List Price
$46,750,000
Sold Price
$37,000,000
Premium/Discount to List
-$9,750,000
-20.86%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-4.42%

Purchase Details

Closed on
Apr 23, 2010
Sold by
Solomon Richard E
Bought by
512 Perugia Way Llc

Purchase Details

Closed on
Nov 18, 2005
Sold by
Millsap Peter
Bought by
Solomon Richard E

Purchase Details

Closed on
Jan 22, 2004
Sold by
Youngson James Rodney
Bought by
Millsap Peter

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,375,000
Interest Rate
5.79%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 11, 2003
Sold by
Youngson James Rodney
Bought by
Youngson James Rodney
Source: Public Records

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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 Type Sale Price Title Company
Warranty Deed $37,000,000 First American Title
Warranty Deed -- Fatcola-Resale
Warranty Deed -- Equity Title Company
Warranty Deed -- Commonwealth Land Title Co
Warranty Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $22,200,000 New Conventional
Previous Owner $1,375,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/29/2025 05/29/25 For Sale $39,500,000 +6.8% $3,591 / Sq Ft
01/09/2020 01/09/20 Sold $37,000,000 -7.4% $3,364 / Sq Ft
12/03/2019 12/03/19 Price Changed $39,950,000 -14.5% $3,632 / Sq Ft
05/13/2019 05/13/19 For Sale $46,750,000 -- $4,250 / 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
2024 $477,474 $39,671,474 $27,770,033 $11,901,441
2023 $468,032 $38,893,603 $27,225,523 $11,668,080
2022 $445,980 $38,130,985 $26,691,690 $11,439,295
2021 $440,808 $37,383,320 $26,168,324 $11,214,996
2020 $141,087 $11,639,621 $5,515,516 $6,124,105
2019 $95,840 $8,094,451 $5,407,369 $2,687,082
2018 $95,470 $7,935,738 $5,301,343 $2,634,395
2016 $67,552 $5,624,253 $5,095,487 $528,766
2015 $63,288 $5,265,850 $5,018,949 $246,901
2014 $63,453 $5,162,700 $4,920,635 $242,065
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 19-464678

The MLS

APN: 4352-009-054