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BEVERLY HILLS' MOST COMPELLING DEVELOPMENT OPPORTUNITIES. Positioned on approximately 1.1 acres in one of Beverly Hills' most prestigious hillside neighborhoods, 1140 Calle Vista Drive presents an extraordinary opportunity to complete a spectacular contemporary estate while bypassing years of planning, engineering, permitting, and site preparation. Perched just below the iconic Trousdale Estates, the property commands sweeping panoramic views of the Beverly Hills skyline, Century City, Downtown Los Angeles, and the Pacific Ocean. Unlike a traditional land offering, the most challenging phases of development have already been completed. CONSTRUCTION-READY WITH APPROVED PLANS More than two years of extensive site development have transformed this property into a true construction-ready opportunity. Completed improvements include extensive grading and hillside recompaction, engineered retaining walls, hillside landscape planting and irrigation, completed basement excavation, basement foundation and perimeter walls, and substantial concrete structural work. A rare and significant advantage is the availability of 3-PHASE POWER providing the electrical capacity required for today's most sophisticated luxury residences, including advanced home automation, wellness amenities, commercial-grade mechanical systems, EV charging, and future technologies. APPROVED PERMITS are in place for an approximately 13,600-square-foot architectural residence, allowing construction to begin. Updated design enhancements are currently under City review while the existing approved plans remain buildable. DESIGNED FOR ELEVATED LIVING. The proposed residence features five luxurious bedroom suites, an approximately 1,700-square-foot primary suite with commanding views, expansive open-concept living, dining, and family spaces, seamless indoor-outdoor living, and a resort-inspired wellness level complete with a spa, steam room, sauna, indoor pool, theater, fitness center, and multiple entertainment lounges. A PREMIER BEVERLY HILLS ADDRESS Known for its privacy, tranquility, and prestige, Calle Vista Drive continues to evolve as one of Beverly Hills' most desirable streets, with neighboring estates undergoing extraordinary redevelopment and new architectural construction, further enhancing the neighborhood's long-term appeal. AN EXTRAORDINARY HEAD START Development opportunities offering this combination of location, panoramic views, completed infrastructure, approved permits, existing structural improvements, immediate construction capability, and 3-Phase Power have become exceptionally rare. Whether completing the existing architectural vision or incorporating your own design refinements, the next owner inherits years of entitlement work, substantial infrastructure already in place, and a remarkable head start toward creating one of Beverly Hills' next landmark estates. 1140 Calle Vista Drive is more than an exceptional homesite. It is a rare opportunity to create a world-class estate in one of the most coveted neighborhoods in the world.
Listing agent: Justin Mandile DRE #01507705 j.mandile@sothebyshomes.com, Listing office: Sotheby's International Realty
MLS data updated 10/16/2026, 7:49:06 PM PT
Source: CRMLS, MLS #: 26861887
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Compare recorded home prices, same-type ZIP sales and mortgage rates.
Jul 20, 2026
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This home · nearest recorded event
$22,500,000Original asking price · Jul 20, 2026ZIP 90210 · Jul 2026
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ZIP averages use publicly displayable closed sales from our licensed MLS feed, matched to the same ZIP and exact property type. Months with fewer than 3 sales are omitted; the current month is incomplete. Lines connect available monthly observations across gaps and do not represent measured prices in missing months. These averages are not adjusted for size, condition, or location within the ZIP, and are not an appraisal. Feed coverage may not include every sale. All available shows the available home and ZIP history, with mortgage rates over the same dates.
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