Mike Watson, Realtor

Mike Watson

Call or Text(661) 733-2196
ActiveSingleFamilyResidence

1140 Calle Vista Drive

Beverly Hills, CA, 90210

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$24,900,000

MLS: 25493673

Beds

5

Baths

8

Sq Ft

13,600

Lot

1.12 ac

Year Built

MLS #

25493673

Days on Market

381

Listed

Feb 3, 2025

Description

A RARE OPPORTUNITY TO COMPLETE AN ICONIC ESTATE: Nestled in one of the most exclusive enclaves in the world, 1140 Calle Vista Drive presents a once-in-a-lifetime opportunity to create a grand estate in the heart of Beverly Hills. Positioned on a 1.1 ACRE elevated lot, this exceptional property boasts PANORAMIC VIEWS stretching across the Beverly Hills skyline, Downtown Los Angeles, and the Pacific Ocean. READY-TO-BUILD ESTATE WITH APPROVED PLANS: The property is FULLY PREPPED FOR CONSTRUCTION, with EXTENSIVE SITE WORK ALREADY COMPLETED including OVER TWO YEARS OF GRADING, COMPACTING, AND FOUNDATIONAL ENHANCEMENTS. The HILLSIDE HAS BEEN STABILIZED WITH RETAINING WALLS, and landscape planting and irrigation are in place. The BASEMENT FOUNDATION AND PERIMETER WALLS HAVE BEEN COMPLETED, offering a seamless transition for the next owner to build immediately. A MAJOR ADVANTAGE of this site is the AVAILABILITY OF 3-PHASE POWER, a significant benefit that ensures superior electrical capacity, efficiency, and reliability ideal for powering a modern luxury estate with high-end appliances, advanced home automation, and extensive entertainment features. With APPROVED PERMITS in hand for a BREATHTAKING 13,600 sq. ft. ESTATE, construction can begin immediately. Additional design enhancements are currently under permit revision review, but building can proceed under the ALREADY APPROVED PLANS. A VISION OF MODERN LUXURY: This ARCHITECTURAL MASTERPIECE is designed for those who seek the pinnacle of luxury. The proposed estate features: 5 spacious bedrooms; A world-class wellness center with a spa, steam room, sauna, and an indoor pool; An entertainer's dream basement featuring a home theater, gym, and private lounges; An open-concept main level with seamless indoor-outdoor living, dining, and family areas; A grand second-floor primary suite spanning 1,700 sq. ft., offering unparalleled privacy and spectacular views. AN EXCLUSIVE AND EVOLVING NEIGHBORHOOD: Calle Vista Drive is renowned for its privacy, exclusivity, and tranquility. Many neighboring estates are undergoing magnificent transformations, further elevating the desirability of this prestigious address. Once complete, this estate will be part of a newly refined neighborhood of architectural masterpieces. A RARE AND VALUABLE OFFERING: Opportunities to build on a lot of this magnitude in Beverly Hills are exceedingly rare. With SITE PREPARATION COMPLETE, 3-PHASE POWER AVAILABLE, AND PERMITS SECURED, the new owner can step in and immediately bring this vision to life. Whether you choose to enhance the existing design or tailor the plans to your unique vision, 1140 Calle Vista Drive is ready to become your ultimate dream estate. AN EXTRAORDINARY LEGACY PROPERTY AWAITS. DON'T MISS THIS EXCLUSIVE OPPORTUNITY.

Location

Beverly Hills, Los Angeles County, CA 90210

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Listed by: Justin Mandile · Sotheby's International Realty

Payment estimate

$173,266

/ month (est.)

Principal, interest, taxes, and insurance + PMI. Down payment: $2,490,000 · Loan: $22,410,000

%
Principal & Interest
$137,691
Property tax (1.25%)
$25,938
Homeowners insurance
$300
Mortgage insurance
$9,338
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Login required. The full tool supports FHA / VA / USDA, PMI by credit tier, lender fees, and total cash to close — with your inputs here carried over.

Today's Rates

As of Apr 23, 2026

30-year fixed
6.23%
15-year fixed
5.58%

Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.

Financing Options

FHA Financing — 3.5% Down

First-time and repeat buyers can purchase this Beverly Hills home with as little as 3.5% down using an FHA loan — roughly $871,500 down. FHA loans feature flexible credit guidelines and government-backed rates, making homeownership accessible for buyers who haven't saved a large down payment. Seller concessions up to 6% of the purchase price are also allowed.

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