Beverly Hills MARKETWatch, 14 New Homes & 2 Condos For Sale and 9 Properties Sold the past 7 day

This is the last week of winter, and we are experiencing morning fog and summer-like weather when the morning moisture wears off. Meanwhile, on the morning news there are scenes of severe storm and cold temperatures throughout the Midwest and on the east coast.

The secret about our weather seems to be out. J Even though more properties are starting to come on the market each week, overall inventory of homes and condominiums for sale remains low. It appears that this shortage of available inventory will continue to drive prices up. It will be interesting to see how prices move during the upcoming Spring and Summer months.

Here are 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) 1658 SAN YSIDRO DRIVE (17-206678)

The first new listing this week is an East Coast traditional-style home with canyon views located in the Beverly Hills Post Office (BHPO) area. This newly-built two-story home has six bedrooms and six and one half bathrooms and features two master suites, a family room and an eat-in gourmet kitchen, for a total of 4,513 square feet. The home is on a 15,625 square-foot lot with a saline swimming pool, a spa, a fire pit and an outdoor kitchen. Asking price for this BHPO home is $4,795,000.

2) 13377 JAVA DRIVE (17-208914)

The next home this week is a Contemporary Mediterranean-style home with sweeping mountain and city lights views located in the BHPO area. This remodeled two-story home has five bedrooms and six and one half bathrooms and features a formal living room, a den and a gourmet kitchen, for a total of 5,467 square feet. The home is on a 19,890 square-foot lot with a koi pond, a fire pit and a garden. Asking price for this BHPO home is $6,250,000.

3) 726 N. MAPLE DRIVE (17-207644)

The last highlighted listing this week is a Contemporary Mediterranean-style home located in the Beverly Hills Flats north of Santa Monica Blvd. This two-story home has six bedrooms and seven and one half bathrooms and features a two-story entry way and an updated kitchen for a total of 9,141 square feet. The home is on a 40,892 square-foot lot with a North/South tennis court, a swimming pool and a detached guest house. The purchase price for this Beverly Hills estate is $17,495,000.

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