602 N Beverly Drive, Beverly Hills, CA 90210
Local realty services provided by:Better Homes and Gardens Real Estate Royal & Associates
602 N Beverly Drive,Beverly Hills, CA 90210
$14,595,000
- 0.61 Acres
- Lots / Land
- Active
Listed by: benjamin bacal
Office: revel real estate
MLS#:CL26104592
Source:Bay East, CCAR, bridgeMLS
Price summary
- Price:$14,595,000
About this home
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....
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Home facts
- Listing ID #:CL26104592
- Added:4 day(s) ago
- Updated:November 08, 2026 at 03:46 PM
Structure and exterior
- Lot area:0.61 Acres
- Architectural Style:Unimproved Land
Finances and disclosures
- Price:$14,595,000
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