About This Single Family in Beverly Hills, CA
This 5 bedroom, 7 bathroom single family is located in Beverly Hills, CA. The property spans 15,121 square feet of living space, and was built in 1994. The property sold for $58,000,000, placing it in the ultra-luxury segment of the market.
At $383,573 per square foot, this property falls into a distinct pricing tier for Beverly Hills, CA. This price per square foot is in the luxury or ultra-luxury range, common in high-demand urban cores, waterfront locations, and neighborhoods in Beverly Hills where supply is severely constrained relative to demand.
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This property was built in 1994, placing it in a generation of homes that generally meet modern construction standards while also having had time for any initial issues to be identified and addressed by previous owners.
Real Estate in Beverly Hills, CA
California is one of the most expensive real estate markets in the United States, driven by high demand in coastal cities like Los Angeles, San Francisco, and San Diego. Limited land for development, strict zoning regulations, desirable weather, and a concentration of high-paying technology and entertainment jobs create persistent upward pressure on prices. The state offers diverse property types from beachfront homes and hillside estates to Central Valley farmhouses, with internal price variation that is among the largest of any state.
What Determines Value in the Ultra-luxury Segment
In the ultra-luxury price range where this single family in Beverly Hills sits, buyers are typically weighing a specific set of trade-offs. Ultra-luxury real estate operates by different rules than the broader market. Buyers at this price point are generally purchasing on the strength of specific features — waterfront, views, architectural significance, or historical provenance — that cannot be replicated elsewhere, rather than making purely financial decisions.
Properties like this single family in Beverly Hills are part of the Housle game database, where players compare real home prices from across America. Understanding what makes each home worth what it sold for — the location within its market, the specific features, the year it was built, and the condition at time of sale — is exactly the kind of knowledge that Housle builds through repeated exposure to real listings.
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