NOT LISTED FOR SALE

Estimated Value: $4,720,000 - $57,507,800

12 Beds
24 Baths
38,000 Sq Ft
$819/Sq Ft Est. Value

Last Sold May 31, 2023

Last sale price $60,850,000 $1,601 Per Sq Ft

Est. 49% decrease in value since last sale

Current estimated payment $224,527/month

15 Days on Market

Highlights

  • Guest House
  • Heated In Ground Pool
  • Gated Community
  • Warner Avenue Elementary Rated A
  • Gated Parking
  • 5.2 Acre Lot

About This Home

As of May 2023

Recently renovated with the highest level of quality within the last year and nestled in one of Beverly Hills's most exclusive and secure enclaves lies the magnificent Crestview Manor. Perched atop a five-acre promontory, this newly rebuilt and expanded masterpiece offers breathtaking views of the surrounding mountains, creating a serene backdrop for its unparalleled amenities. Privacy and security are unrivaled as the manor sits prominently behind double gates. Designed and constructed with impeccable taste, the estate seamlessly integrates today's cutting-edge technology with timeless elegance. Spanning approximately 46,000 square feet under roof and 38,000 square feet under air conditioning, the residence encompasses 12 bedrooms and 24 baths. A separate 5,000-square-foot guest penthouse, caretaker house, and two-bedroom guardhouse complement the main residence, while a spacious 12-car garage and parking for 80 vehicles accommodate the most discerning collector. An extraordinary indoor sports complex awaits, inviting residents to indulge in a passion for active living. The complex features basketball and pickleball courts, a fully equipped gym, a boxing ring, a sports lounge, and a bar. The grounds are adorned with a stunning zero-edge pool that artfully frames the expansive estate and its picturesque views, offering a haven of tranquility amidst lush surroundings. Conveniently located minutes from the prestigious Beverly Hills Hotel and just 20 minutes from Van Nuys private airport, this estate is accessible only through private, gated streets. Discover a life of unparalleled luxury and serenity at the Crestview Manor, where timeless elegance and modern convenience blend seamlessly in the heart of Beverly Hills.

Last Agent to Sell the Property

Ginger Glass

Compass License #01478465 Listed on: 05/08/2023

Compass

Last Buyer's Agent

Brett Lawyer

Carolwood Estates License #00897489

Carolwood Estates

Home Details

Home Type

  • Single Family

Lot Details

  • 5.2 Acre Lot
  • Lot Dimensions are 425x535
  • Gated Home
  • Property is zoned LARE20

HOA Fees

  • No Home Owners Association

Parking

  • 80 Open Parking Spaces
  • 12 Car Garage
  • Gated Parking
  • Guest Parking

Home Design

  • Contemporary Architecture

Interior Spaces

  • 38,000 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Canyon Views

Bedrooms and Bathrooms

  • 12 Bedrooms
  • 24 Full Bathrooms

Pool

  • Heated In Ground Pool
  • Spa

Additional Homes

  • Guest House

Listing and Financial Details

  • Assessor Parcel Number 4382-009-005

Community Details

Recreation

  • Tennis Courts

Additional Features

  • Gated Community

Home Details

Home Type

Single Family

Lot Details

0

HOA Fees

$667 per month

Parking

12

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Contemporary
  • Street Number Display: Yes
  • Living Area: 38000
  • Lot Acreage: 5.2000
  • Lot Dimensions: 425x535
  • Stories: 2
  • Builders Tract Name: Wallingford Estates
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Bedrooms: 12
  • Full Bathroom: 24
  • Half Bathroom: 0
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Total Bathrooms: 24.00
  • Price Per S Q F T: 1973.55

Exterior Features

  • Other Structures: GuestHouse
  • Pool Description: Heated, Private
  • Pool: Yes
  • Spa: Private
  • Spa Yn: Yes
  • View: Canyon
  • View: Yes

Garage/Parking

  • Garage Spaces: 12
  • Other Spaces: 80
  • Covered Parking: 12
  • Parking Garage: Covered Parking, Gated, Uncovered, Parking for Guests - Onsite, Parking Space
  • Total Parking: 80

Utilities

  • Security: Gated

Association/Amenities

  • Amenities: Gated Community, Tennis Courts

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 4382-009-005
  • Lot Size Area: 226513

Rental Info

  • Furnished: Furnished

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 8, 2023
Closed on
May 23, 2023
Sold by
Wallingford Drive Properties Llc
Bought by
Wallingford Drive Real Estate Trust and Murphy
Seller's Agent
Ginger Glass
Compass
Buyer's Agent
Brett Lawyer
Carolwood Estates
List Price
$74,995,000
Sold Price
$60,850,000
Premium/Discount to List
-$14,145,000
-18.86%
Views
1582
Current Estimated Value
$31,113,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$29,736,100
Avg. Annual Appreciation
-22.29%

Purchase Details

Listed on
Nov 1, 2016
Closed on
Oct 26, 2016
Sold by
Lee Jeoung and The Ilhie & Jeoung Lee Family
Bought by
Wallingford Drive Properties Llc
Seller's Agent
Mauricio Umansky
The Agency
Buyer's Agent
Ginger Glass
Compass
List Price
$24,900,000
Sold Price
$22,000,000
Premium/Discount to List
-$2,900,000
-11.65%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.72%
Original Mortgage
$22,000,000
Interest Rate
3.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 26, 2014
Sold by
Lee Il H and Lee Jeoung
Bought by
Ilhie & Jeoung Lee Family Trust

Purchase Details

Closed on
Dec 27, 2006
Sold by
Lee Il H and Lee Jeoung
Bought by
Lee Il H and Lee Jeoung

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$9,250,000
Interest Rate
8.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 20, 2006
Sold by
Frazer Helen Ryan and Bankruptcy Estate Of Stockwell
Bought by
Lee Il Hie and Lee Joan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$9,250,000
Interest Rate
8.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 13, 2005
Sold by
Somoza Curtis D and Hutton Trust
Bought by
Stockwell Properties Llc

Purchase Details

Closed on
Sep 17, 2004
Sold by
Somoza Curtis
Bought by
Somoza Curtis D and Hutton Trust

Purchase Details

Closed on
Mar 16, 2004
Sold by
Somoza Karin
Bought by
Somoza Curtis

Purchase Details

Closed on
Dec 19, 2003
Sold by
Yemenidjian Alex and Yemenidjian Arda
Bought by
Somoza Curtis

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$7,000,000
Interest Rate
1.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 17, 2002
Sold by
Yemenidjian Alex and Yemenidjian Arda
Bought by
Yemenidjian Alex and Yemenidjian Arda

Purchase Details

Closed on
May 2, 2002
Sold by
Wizman Jacob
Bought by
Yemenidjian Alex and Yemenidjian Arda
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Wallingford Drive Real Estate Trust $60,850,000 Equity Title
Wallingford Drive Properties Llc $22,000,000 Equity Title Company
Ilhie & Jeoung Lee Family Trust -- None Available
Lee Il H -- Accommodation
Lee Il H -- United Title Company
Lee Il Hie $16,750,000 United Title Company
Stockwell Properties Llc -- Fidelity National Title Co
Somoza Curtis D -- --
Somoza Curtis -- Alliance Title Company
Somoza Curtis $14,000,000 Investors Title
Yemenidjian Alex -- --
Yemenidjian Alex -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Wallingford Drive Properties Llc $22,000,000
Previous Owner Lee Il H $9,250,000
Previous Owner Lee Il Hie $2,512,500
Previous Owner Somoza Curtis $7,000,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/18/2025 09/18/25 For Sale $52,000,000 -14.5% $1,368 / Sq Ft
05/31/2023 05/31/23 Sold $60,850,000 -18.9% $1,601 / Sq Ft
05/23/2023 05/23/23 Pending -- -- --
05/08/2023 05/08/23 For Sale $74,995,000 0.0% $1,974 / Sq Ft
06/30/2022 06/30/22 Rented $300,000 -14.3% --
04/22/2022 04/22/22 For Rent $350,000 +55.6% --
03/04/2021 03/04/21 Rented $225,000 -25.0% --
03/24/2020 03/24/20 Price Changed $300,000 -33.3% $8 / Sq Ft
02/20/2020 02/20/20 For Rent $450,000 0.0% --
11/01/2016 11/01/16 Sold $22,000,000 -11.6% $993 / Sq Ft View Prior Sale
11/01/2016 11/01/16 Pending -- -- --
11/01/2016 11/01/16 For Sale $24,900,000 -- $1,123 / 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 $747,506 $63,308,340 $36,414,000 $26,894,340
2024 $747,506 $62,067,000 $35,700,000 $26,367,000
2023 $402,234 $33,294,990 $14,557,298 $18,737,692
2022 $383,337 $32,642,148 $14,271,861 $18,370,287
2021 $378,795 $32,002,107 $13,992,021 $18,010,086
2019 $298,583 $25,206,239 $13,577,011 $11,629,228
2018 $297,528 $24,712,000 $13,310,796 $11,401,204
2016 $227,446 $18,957,222 $11,317,745 $7,639,477
2015 $224,077 $18,672,467 $11,147,742 $7,524,725
2014 $224,660 $18,306,701 $10,929,374 $7,377,327
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 23-268379

The MLS

APN: 4382-009-005