51 Beverly Park Way Beverly Hills, CA 90210
Beverly Crest Neighborhood
9
Beds
13
Baths
16,225
Sq Ft
1.98
Acres
Highlights
- Detached Guest House
- Tennis Courts
- Cabana
- Warner Avenue Elementary Rated A
- Wine Cellar
- Sauna
About This Home
As of October 2024Hidden on a sprawling approx. two-acre parcel within coveted, ultra-private, guard-gated, and celebrity-rich North Beverly Park is this resplendent French Chateau of the highest quality, promising a life of endless comfort and enduring enjoyment. Rolling lawns are enveloped by lush, mature trees to form a peaceful traditional estate of timeless appeal and modern classic elegance. A marvelous double-height foyer is accented by coffered gold-leaf ceilings as the most impeccable, finest finishes abound throughout. Recently redesigned by interior design firm Elysienne of Los Angeles, the exceptional estate comprises nine bedrooms and thirteen bathrooms spanning more than 16,000 square feet of living space. Luxurious, first-class amenities include billiard/card room, plush theatre, formal living room with wet bar and adjacent library, wine cellar, and gym. The country kitchen exudes rustic charm with copper farm sink, wood-burning fireplace, recipe desk, butler's pantry, six ovens, La Cornue stove, and exposed beams overhead. The Parisian primary wing includes dual bathrooms, one of which is complete with sauna and steam shower, and closets plus an attached study/office, and all secondary bedrooms are en-suite. There are antique French chandeliers throughout the residence as well as seven wood-burning fireplaces in total. Floors are marble, wood, and travertine. The mansion's park-like grounds present a resort-like pool, two pool cabanas with individual outdoor televisions, guest house, full lighted tennis court with viewing gazebo, outdoor kitchen pavilion with two hidden TVs, and al-fresco entertaining patio, vegetable and herb gardens, vineyard, and expansive Philadelphia cobblestone motor court. A complete-property backup generator is able to power the main home, all outdoor structures, and landscaping.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $136,894
Year Built
- Built in 1996
Lot Details
- 1.98 Acre Lot
- Property is zoned LARE40
HOA Fees
- $6,216 Monthly HOA Fees
Home Design
- Contemporary Architecture
- Split Level Home
Interior Spaces
- 16,225 Sq Ft Home
- 2-Story Property
- Elevator
- Wood Burning Fireplace
- Entryway
- Wine Cellar
- Family Room on Second Floor
- Living Room with Fireplace
- 7 Fireplaces
- Dining Room
- Home Office
- Library with Fireplace
- Sauna
- Home Gym
- City Views
- Alarm System
Kitchen
- Walk-In Pantry
- Oven or Range
- Microwave
- Freezer
- Dishwasher
Flooring
- Wood
- Carpet
- Tile
Bedrooms and Bathrooms
- 9 Bedrooms
- Fireplace in Primary Bedroom Retreat
- Walk-In Closet
Laundry
- Laundry Room
- Dryer
- Washer
Parking
- 11 Open Parking Spaces
- 15 Parking Spaces
- Driveway
Pool
- Cabana
- In Ground Pool
- In Ground Spa
Outdoor Features
- Tennis Courts
- Enclosed patio or porch
Additional Homes
- Detached Guest House
- Fireplace in Guest House
Utilities
- Central Heating and Cooling System
Listing and Financial Details
- Assessor Parcel Number 4386-014-031
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 10, 2024
Closed on
Sep 9, 2024
Sold by
Larry And Paulette Parsons Cohen Family and Cohen Larry
Bought by
51 Beverly Park Way Llc
Seller's Agent
Sally Forster Jones
Compass
Buyer's Agent
Aaron Kirman
Christie's International Real Estate SoCal
List Price
$48,500,000
Sold Price
$44,000,000
Premium/Discount to List
-$4,500,000
-9.28%
Views
1685
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$22,806,780
Avg. Annual Appreciation
-60.45%
Purchase Details
Closed on
Aug 10, 1999
Sold by
Cohen Larry and Cohen Paulette P
Bought by
Cohen Larry and Cohen Paulette Parsons
Purchase Details
Closed on
Nov 10, 1997
Sold by
40 North Beverly Park
Bought by
Cohen Larry and Cohen Paulette P
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,000,000
Interest Rate
7.3%
Purchase Details
Closed on
Jul 20, 1993
Sold by
First Charter Bank N A
Bought by
40 North Beverly Park
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$750,000
Interest Rate
7.2%
Mortgage Type
Seller Take Back
Similar Homes in Beverly Hills, CA
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $44,000,000 | Fidelity National Title | |
| Interfamily Deed Transfer | -- | -- | |
| Grant Deed | -- | Chicago Title Co | |
| Corporate Deed | -- | Stewart Title |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $7,000,000 | Credit Line Revolving | |
| Previous Owner | $2,495,468 | Adjustable Rate Mortgage/ARM | |
| Previous Owner | $1,500,000 | Adjustable Rate Mortgage/ARM | |
| Previous Owner | $923,150 | Negative Amortization | |
| Previous Owner | $988,800 | Unknown | |
| Previous Owner | $1,500,000 | Credit Line Revolving | |
| Previous Owner | $1,000,000 | Unknown | |
| Previous Owner | $3,000,000 | No Value Available | |
| Previous Owner | $750,000 | Seller Take Back |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/22/2024 10/22/24 | Sold | $44,000,000 | -9.3% | $2,712 / Sq Ft |
| 09/30/2024 09/30/24 | Pending | -- | -- | -- |
| 01/10/2024 01/10/24 | For Sale | $48,500,000 | -- | $2,989 / Sq Ft |
Source: The MLS
Tax History Compared to Growth
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 | $136,894 | $44,000,000 | $34,000,000 | $10,000,000 |
| 2024 | $136,894 | $11,240,507 | $6,574,979 | $4,665,528 |
| 2023 | $134,224 | $11,020,106 | $6,446,058 | $4,574,048 |
| 2022 | $127,984 | $10,804,026 | $6,319,665 | $4,484,361 |
| 2021 | $126,434 | $10,592,183 | $6,195,750 | $4,396,433 |
| 2019 | $122,561 | $10,278,015 | $6,011,982 | $4,266,033 |
| 2018 | $121,679 | $10,076,486 | $5,894,100 | $4,182,386 |
| 2016 | $116,358 | $9,685,206 | $5,665,226 | $4,019,980 |
| 2015 | $114,637 | $9,539,727 | $5,580,130 | $3,959,597 |
| 2014 | $114,969 | $9,352,857 | $5,470,823 | $3,882,034 |
Source: Public Records
Agents Affiliated with this Home
-
Seller's Agent in 2024
Sally Forster Jones
Compass
(310) 341-7238
14 in this area
379 Total Sales
-
Buyer's Agent in 2024
Aaron Kirman
Christie's International Real Estate SoCal
(424) 249-7162
23 in this area
283 Total Sales
Map
Source: The MLS
MLS Number: 23-339325
APN: 4386-014-031
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