Development opportunity to acquire a rare & oversized 26,647-square-foot lot in the heart of the Beverly Hills Flats at approximately $544 per square foot of land, with nearly Ready-to-Issue plans for a spectacular 16,000-square-foot modern architectural estate. The proposed seven-bedroom residence features a resort-inspired design with a zero-edge swimming pool, steam room, sauna, wine cellar, bar, designer closets, six-car garage, and a lower level featuring a theater, gym, and wellness facilities. Situated on one of Beverly Hills' iconic palm-lined streets, within walking distance of Canon Drive and Rodeo Drive, the property offers a rare combination of location, scale, and architectural potential. Compelling Owner-User or Developer Opportunity: With vertical construction estimated at $750 per square foot and a projected finished value of $37.6 million, the development pro forma indicates approximately $7-10 million in potential profit. For an owner-user, this presents an opportunity to create a bespoke architectural estate at a significant potential discount to purchasing a comparable finished home. For an investor, the opportunity offers substantial value-add potential, with the flexibility to develop or land-bank a scarce asset in one of Beverly Hills' most desirable neighborhoods. With limited inventory of newly built architectural estates in the Flats, this is an opportunity to control a premier property with significant long-term potential.
- Listing Status: Active
- Listing Agent: Benjamin Bacal
(lic# 01437782)
of Beverly Hills/Greater LA
- Listing Office: Revel Real Estate
(lic# 02014153)
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Based on information from CRISNet MLS as of 4th November 2026 at 12:31pm. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
