NOT LISTED FOR SALE

Estimated Value: $7,606,000 - $11,158,815

7 Beds
8 Baths
7,344 Sq Ft
$1,278/Sq Ft Est. Value

Last Sold February 17, 2022

Last sale price $11,800,000 $1,607 Per Sq Ft

Est. 20% decrease in value since last sale

Current estimated payment $61,962/month

177 Days on Market

Highlights

  • Ocean View
  • Guest House
  • Home Theater
  • West Hollywood Elementary School Rated A-
  • Wine Room
  • Heated In Ground Pool

About This Home

As of February 2022

Set behind the private gates of Bowmont Estates rests a timeless Mediterranean compound perched atop its own promontory with extraordinary views from the ocean to the canyon. Enter through the grand two-story foyer to the large public rooms, framed in double French doors. The main level features a chefs kitchen, dining room, living room, office and en-suite bedroom with Infrared sauna. Upstairs includes the master suite with two bathrooms, steam showers, dual massive walk-in closets and a sweeping balcony that captures the picturesque sunsets. Additionally, two spacious en-suite bedrooms. The guesthouse features an en-suite bedroom, kitchenette with living room and gym. Adjacent, an entertainment wing with a home theatre, and a bar that flows into a wine tasting room idyllic for entertainment. The grounds include vast terraces, an outdoor kitchen and dining pavilion, a lush grass lawn and a wraparound infinity pool and spa floating above its surroundings. Truly a unique setting.

Last Agent to Sell the Property

Gigi Gharai

Coldwell Banker Realty License #01983266 Listed on: 08/07/2021

Coldwell Banker Realty

Co-Listed By

Jeffrey Hyland

Hilton & Hyland License #00389584

Last Buyer's Agent

Cory Green

The Hills Premier Realty License #01989091

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $148,377

Year Built

  • Built in 1957

Lot Details

  • 1.38 Acre Lot
  • Lot Dimensions are 215x255
  • Property is zoned LARE40

Parking

  • 4 Car Garage
  • Gated Parking

Property Views

  • Ocean
  • City Lights
  • Canyon
  • Mountain

Home Design

  • Contemporary Architecture

Interior Spaces

  • 7,344 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Bar
  • Gas Fireplace
  • Formal Entry
  • Wine Room
  • Wine Cellar
  • Family Room with Fireplace
  • Living Room
  • Dining Room
  • Home Theater
  • Home Office
  • Library with Fireplace
  • Sauna
  • Home Gym
  • Alarm System

Kitchen

  • Oven or Range
  • Microwave
  • Freezer
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Stone
  • Pavers

Bedrooms and Bathrooms

  • 7 Bedrooms
  • Fireplace in Primary Bedroom
  • Walk-In Closet
  • Powder Room
  • Maid or Guest Quarters
  • 8 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Pool

  • Heated In Ground Pool
  • Spa

Outdoor Features

  • Patio
  • Outdoor Grill

Additional Features

  • Guest House
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 4388-012-064

Home Details

Home Type

Single Family

Est. Annual Taxes

$148,377

Year Built

Built in 1957

Lot Details

0

Parking

4

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Contemporary Mediterranean
  • Street Number Display: Yes
  • Living Area: 7344
  • Lot Acreage: 1.3819
  • Lot Dimensions: 215x255
  • Stories: 2
  • Year Built: 1957
  • Number Of Photos: 27
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Master Bedroom, Family Room, Library, Patio, Gas
  • Flooring: Stone, Carpet, Pavers, Wood
  • Bedrooms: 7
  • Full Bathroom: 8
  • Half Bathroom: 0
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 1
  • Family Room: 1
  • Laundry: Room
  • Total Bathrooms: 8.00
  • Den: 0
  • Equipment: Alarm System, Barbeque, Built-Ins, Dishwasher, Dryer, Freezer, Garbage Disposal, Microwave, Range/Oven, Refrigerator, Washer
  • Price Per S Q F T: 1892.70

Exterior Features

  • Other Structures: GuestHouse
  • Pool Description: Heated, Private
  • Pool: Yes
  • Spa: Private
  • Spa Yn: Yes
  • View: Canyon, City Lights, Mountains, Ocean
  • View: Yes

Garage/Parking

  • Garage Spaces: 4
  • Parking Garage: Garage, Gated
  • Total Parking: 4

Utilities

  • Cooling: Central
  • Heating: Central

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 4388-012-064
  • Lot Size Area: 60218

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 7, 2021
Closed on
Feb 1, 2022
Sold by
Jean Simonian Living Trust
Bought by
Clark Karen Michele
Seller's Agent
Gigi Gharai
Coldwell Banker Realty
Buyer's Agent
Cory Green
The Hills Premier Realty
List Price
$13,900,000
Sold Price
$11,800,000
Premium/Discount to List
-$2,100,000
-15.11%
Current Estimated Value
$9,382,408

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$2,417,592
Avg. Annual Appreciation
-6.04%

Purchase Details

Listed on
Apr 11, 2013
Closed on
Jun 26, 2013
Sold by
Paxson Lowell W
Bought by
Simonian Jean and The Jean Simonian Living Trust
Seller's Agent
Valerie Fitzgerald
Coldwell Banker Realty
Buyer's Agent
Jeffrey Hyland
Hilton & Hyland
List Price
$11,495,000
Sold Price
$10,500,000
Premium/Discount to List
-$995,000
-8.66%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.36%
Original Mortgage
$6,800,000
Interest Rate
1.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Oct 27, 1999
Sold by
Coulon Thierry
Bought by
Paxson Lowell W

Purchase Details

Closed on
Feb 14, 1996
Sold by
Parker Ray E
Bought by
Coulon Thierry
Source: Public Records

Range of Values:

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Average Value
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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

Purchase History

Date Buyer Sale Price Title Company
Clark Karen Michele $11,800,000 First American Title Company O
Simonian Jean $10,500,105 Equity Title Company
Paxson Lowell W -- Provident Title
Coulon Thierry $850,000 Provident Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Simonian Jean $6,800,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/17/2022 02/17/22 Sold $11,800,000 -15.1% $1,607 / Sq Ft
02/01/2022 02/01/22 For Sale $13,900,000 +17.8% $1,893 / Sq Ft
01/31/2022 01/31/22 Pending -- -- --
12/16/2021 12/16/21 Off Market $11,800,000 -- --
09/09/2021 09/09/21 For Sale $13,900,000 +17.8% $1,893 / Sq Ft
08/09/2021 08/09/21 Off Market $11,800,000 -- --
08/07/2021 08/07/21 For Sale $13,900,000 +17.8% $1,893 / Sq Ft
07/07/2021 07/07/21 Off Market $11,800,000 -- --
06/27/2013 06/27/13 Sold $10,500,000 -8.7% $1,430 / Sq Ft View Prior Sale
06/06/2013 06/06/13 Pending -- -- --
04/11/2013 04/11/13 For Sale $11,495,000 -- $1,565 / 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 $148,377 $12,522,252 $7,535,531 $4,986,721
2024 $148,377 $12,276,719 $7,387,776 $4,888,943
2023 $145,458 $12,036,000 $7,242,918 $4,793,082
2022 $143,125 $12,184,227 $7,716,677 $4,467,550
2021 $141,439 $11,945,321 $7,565,370 $4,379,951
2019 $137,091 $11,591,018 $7,340,978 $4,250,040
2018 $136,609 $11,363,744 $7,197,038 $4,166,706
2016 $130,728 $10,922,477 $6,917,569 $4,004,908
2015 $128,789 $10,758,412 $6,813,661 $3,944,751
2014 $129,127 $10,547,670 $6,680,191 $3,867,479
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 21-750088

The MLS

APN: 4388-012-064