Market Update: The Summit Beverly Hills
The Summit Beverly Hills, A Los Angeles Luxury Gated Community
The Summit Beverly Hills is a gated community in the Beverly Hills Post Office area of Los Angeles that is located along Mulholland Drive, between Laurel Canyon and Coldwater Canyon. The community is desirable to many high-level business professionals and celebrities due to its level of privacy and beautiful luxury homes. Security offered to homeowners in this desirable gated community includes a guard-gated entrance, along with 24-hour security and car patrol. Homes for sale in this community begin in price at around $4,000,000 and can go up to $9,000,000 and more.
Originally built in the 1980s, there are just over 80 luxury homes located in The Summit Beverly Hills. On average the homes range in size from 4,000 sq.ft. to 8,000 sq.ft. of living space and feature large lots beginning at about 15,000 sq.ft. and go up. Whether a prospective buyer in this community is searching for a contemporary or classic look, or something in between, The Summit Beverly Hills has something to offer. There are a variety of Traditional, Modern, Mediterranean, Colonial, and Tudor style homes found in this community. More recently, there have been a few new construction homes built in the community as well.
Aside from its privacy and beautiful homes, the gated community of The Summit Beverly Hills has had some famous names call this sought-after community home. Host and comedian Ed McMahon once owned a home in the community, in addition to other well-known celebrities such as actress and singer Hilary Duff, and singer Gwen Stefani. Also, there have been many high profile Los Angeles entertainment professionals that have lived in this community.
Below is a real estate market update of The Summit including availables and solds as of 5/11/2016:
|12020 Talus Place||4||5||4,060||$4,888,888|
|12012 Crest Court||6||6||6,100||$6,495,000|
|12001 Crest Court||5||6||5,292||$9,900,000|
|11955 Pinnacle Place||3||6||5,017||$3,360,033|
|11960 Crest Place||7||7||7,057||$5,420,054|
|12000 Crest Court||6||5||7,013||$6,300,063|
|12022 Crest Court||6||6||6,039||$5,000,050|
|12038 Crest Court||6||4||5,986||$4,000,040|
|12071 Crest Court||5||6||6,586||$8,055,580|