Beverly Hills MARKETWatch, 17 New Homes & 6 Condos For Sale and 7 Properties Sold the past 7 day

February 16, 2016

From: Beverly Hills, CA

Sunny and hot (82° F)

Last weekend we had the Super Bowl, and this weekend we had the Los Angeles Marathon, which began downtown and came directly through Beverly Hills, Westwood and Brentwood, before finishing by the ocean in Santa Monica. In fact, the route came down Rodeo Drive, just two blocks from our office. It made for a slow Sunday, as some major streets in the area were blocked off for the race.

Subsequently, there has been an increase in new listings hitting the market in all areas. Mortgage interest rates remain low, so there are many active buyers looking for properties making for a very active local real estate market.

Here are the three new listings in the Beverly Hills area that I am highlighting this week. You can find the expanded information sheets and photos of these listings by clicking on the "Highlighted Properties".

1) 312 EL CAMINO DRIVE (16-980061)

The first new listing this week is a Mediterranean-style home located in the heart of Beverly Hills. This single-story home has three bedrooms and three and one half bathrooms and features a formal dining room and a gourmet kitchen with a breakfast nook, for a total of 2,477 square feet. The home is on a 7,503 square-foot lot with a swimming pool and a detached one bedroom/one-bathroom guest house. Asking price for this Beverly Hills home is $2,895,000.

2) 2625 DEEP CANYON DRIVE (16-9802607)

The next highlighted listing this week is a Mediterranean-style home with canyon views located in the Beverly Hills Post Office (BHPO) area. This two-story home has seven bedrooms and nine bathrooms and features an oversized master suite, a formal two-story living room and a gourmet kitchen, for a total of 10,650 square feet. The home is on a 61,909 square-foot lot with aswimming pool, a guest house and a north-south tennis court. The asking price for this BHPO tennis court estate is $6,995,000.

3) 1270 SHADOW HILL WAY (16-980079)

The last highlighted listing this week is a Spanish-revival estate set on a promontory with breathtaking ocean with canyon and city views located north of Sunset Blvd. This two-story estate has seven bedrooms and nine and one half bathrooms and features a superb master suite with incredible views, a formal dining room and a gourmet chef’s kitchen, for a total of 8,685square feet. The home is on a 45,950 square-foot lot with a swimming pool, a guest house and lush private grounds. The purchase price for this Beverly Hills view estate is $14,495,000.

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