$17,500,000
For Sale

2980 Hutton Drive

Beverly Hills, CA 90210
Listing OfficeSotheby's International Realty
Browse 23 photos
Type:Purchase
Structure:Land
Zone:Residential

Description

LUXURY PROPERTY AUCTION: BID 13-26 NOVEMBER. Listed for $17.5M. Starting Bids Expected Between $6M-$10M. A rare and exclusive opportunity awaits on Hutton Drive with Beverly Hutton Estates, a nearly 12-acre estate overlooking the prestigious Beverly Crest neighborhood. Comprised of two separate parcels, this expansive property is perched high above the street, offering panoramic canyon views with spectacular sunsets and a sense of seclusion that is coveted in Los Angeles. The hilltop acreage provides multiple prime locations to build a dream estate or an exclusive compound. Whether looking to create a luxurious private residence or envisioning a development opportunity with potential for up to six structures across eight of the 12 acres, this property offers broad possibilities. Preliminary reports, including topography, soils, slope, engineering, and proposed subdivision plans, are already in place to streamline the process. Standing at the summit, gazing over the serene green hills, it's hard to believe the property is still in Los Angeles. This is a blank canvas for those with a vision, offering privacy, space, and potential in one of the city's most coveted enclaves.

  • Property Details
      • ViewCanyon, Panoramic
      • Lot DescriptionSecluded
    • Measurements
      • Acres11.96
  • Construction Details
      • Property TypePurchase
  • Utilities / Energy Details
      • Sewer InformationOther
  • Community and Neighborhood Details
      • CountyLos Angeles
  • Financial Details
      • Original List Price$17,500,000
  • Other
      • MLS #24437495

Location

Omar ElminoufiReal Estate Group
$
years

Down Payment

$
%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
$
$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
$0.00
Loan Amount
$0.00

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