Description
LUXURY PROPERTY AUCTION: BID 13-26 NOVEMBER. Listed for $17.5M. Starting Bids Expected Between $6M-$10M. A rare and exclusive opportunity awaits on Hutton Drive with Beverly Hutton Estates, a nearly 12-acre estate overlooking the prestigious Beverly Crest neighborhood. Comprised of two separate parcels, this expansive property is perched high above the street, offering panoramic canyon views with spectacular sunsets and a sense of seclusion that is coveted in Los Angeles. The hilltop acreage provides multiple prime locations to build a dream estate or an exclusive compound. Whether looking to create a luxurious private residence or envisioning a development opportunity with potential for up to six structures across eight of the 12 acres, this property offers broad possibilities. Preliminary reports, including topography, soils, slope, engineering, and proposed subdivision plans, are already in place to streamline the process. Standing at the summit, gazing over the serene green hills, it's hard to believe the property is still in Los Angeles. This is a blank canvas for those with a vision, offering privacy, space, and potential in one of the city's most coveted enclaves.
