Single-family home
Listing Agent: Shawn S. Kormondy (DRE #01451888) · Listing Office: Keller Williams Beverly Hills · Contact: 310-432-6400 · Bought with: Shawn S. Kormondy · Keller Williams Beverly Hills · MLS #26656901 · Source: CRMLS
1551 Summitridge Drive sold for $600,000 in July 2026, 50% under its $1,195,000 list price, after 87 days on the market. That works out to $222 per square foot on 2,700 square feet. Across 139 closed sales in 90210 over the last 12 months, the median sold price is $4,600,000 and the median is $1,303 per square foot, 487% above this sale's $222. 3-bedroom rentals in 90210 currently list at a median of $11,500 a month (27 listings).
| Quarter | Closed sales in 90210 | Median sold price |
|---|---|---|
| Q1 2026 | 18 | $2,537,500 |
| Q2 2026 | 76 | $6,125,000 |
| Q3 2026 | 41 | $4,350,000 |
| Q4 2026 | 4 | $2,891,500 |
Figures are MLS-reported closed sales (CRMLS); ZIP medians cover the last 12 months. Nalren does not estimate values. Recently sold in Beverly Hills · Homes for sale in 90210
Perched high above the city in prime Beverly Hills, 1551 Summitridge Dr presents a rare opportunity to build a luxury view estate with sweeping city light to ocean views. Architectural plans are complete and ready to be issued for a newly designed approximately 2,700 sq ft contemporary luxury residence featuring 3 bedrooms. The design maximizes the panoramic views with expansive walls of glass, open-concept living spaces, and seamless indoor-outdoor flow tailored to the Beverly Hills hillside lifestyle. The scale is intentional, delivering a refined, high-end home without the inefficiencies of an oversized spec build. This is an ideal project for a developer seeking strong view-driven resale appeal or an end user who wants to fast-track construction with completed plans in place. Significant time and soft costs have already been absorbed in the planning process. Plans included in the sale and available upon request. The existing residence is a teardown and is being sold strictly for land value. Buyer to demolish at buyer's expense. According to LADBS records, the property is subject to an Order to Comply related to building height and side yard setback requirements. RTI plans have been prepared to address these issues and allow a buyer to move forward with a revised project. SELLER IS OPEN TO FINANCING!
Listing description from the July 2026 sale, as reported to CRMLS.
Closed sales reported in 90210, nearest first, last 12 months. All recent sales in Beverly Hills →