NEW PRICE AND NEW DEAL MECHANICS! CONVENTIONAL/STANDARD CLOSE OF ESCROW AND DELIVERY OF POSSESSION. PROPERTY TO BE DELIVERED VACANT WITH MINIMAL LEASE-BACK NEEDED UPON COE. 1022 Summit Drive presents a rare and exceptional Remodel or development opportunity in one of Beverly Hills' most prestigious neighborhoods, Beverly Hills Gateway. First time on the market! This 0.74-acre (approximately 32,234 sq. ft.) parcel, originally designed by famed architect William S. Beckett, with a very cool existing mid-century swank and vibe of approx. 7,134 sq. ft. built in 1970. Offers a prime canvas for reinvention, restoration, or recreation, creating a luxurious estate in the heart of the iconic 90210 proper. With 6 bedrooms and 7 bathrooms, the existing structure could be brought back right back to its iconic era because of it's open concept structural design, ultra high ceilings, floor to ceiling glass, tones of light and ideal floor plan already fulfilling current market demands, or the expansive lot could support a new, custom-designed masterpiece tailored to the discerning tastes of Beverly Hills' elite in one of the most coveted, world-renowned locations. The property's generous size and prime location make it ideal for developers or visionary owner/users seeking to craft a trophy estate with unparalleled privacy and sophistication on arguably one of the most coveted streets in Beverly Hills.
For sale
Price cut: $245K (4/1)
$11,250,000
1022 Summit Dr, Beverly Hills, CA 90210
6beds
7,134sqft
Est.:
Residential, Single Family Residence
Built in 1970
0.74 Acres Lot
$10,089,000 Zestimate®
$1,577/sqft
$-- HOA
What's special
Floor to ceiling glassGenerous sizeOpen concept structural designTones of lightUltra high ceilingsIdeal floor planPrime location
- 75 days |
- 1,393 |
- 30 |
Zillow last checked: 7 hours ago
Listing updated: April 02, 2026 at 09:36am
Listed by:
Timothy Di Prizito DRE # 01433017 323-894-2120,
Christie's International Real Estate SoCal 424-249-7162,
Joyce Rey DRE # 00465013 310-291-6646,
Coldwell Banker Realty
Source: CLAW,MLS#: 26641795
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 7
- Full bathrooms: 5
- 1/2 bathrooms: 2
Rooms
- Room types: Bar, Breakfast Area, Den, Family Room, Jack And Jill, Billiard Room
Heating
- Central
Cooling
- Central Air
Appliances
- Included: Freezer, Dryer, Dishwasher, Ice Maker, Exhaust Fan, Disposal, Range/Oven, Refrigerator, Washer
- Laundry: Laundry Room
Features
- Flooring: Stone, Tile, Carpet
- Has fireplace: Yes
- Fireplace features: Living Room
Interior area
- Total structure area: 7,134
- Total interior livable area: 7,134 sqft
Property
Parking
- Total spaces: 5
- Parking features: Detached, Driveway, Carport
- Has carport: Yes
- Covered spaces: 2
- Has uncovered spaces: Yes
Features
- Levels: One
- Stories: 1
- Pool features: In Ground
- Spa features: Hot Tub
- Has view: Yes
- View description: Other
Lot
- Size: 0.74 Acres
- Dimensions: 105 x 312
Details
- Additional structures: None
- Parcel number: 4348010020
- Zoning: BHR-1*
- Special conditions: Standard
- Other equipment: Phone System
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Mid-Century
- Property subtype: Residential, Single Family Residence
Condition
- Year built: 1970
Community & HOA
HOA
- Has HOA: No
Location
- Region: Beverly Hills
Financial & listing details
- Price per square foot: $1,577/sqft
- Tax assessed value: $647,214
- Annual tax amount: $8,668
- Date on market: 1/23/2026
Estimated market value
$10,089,000
$9.58M - $10.59M
$32,214/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 4/1/2026 | Price change | $11,250,000-2.1%$1,577/sqft |
Source:  CLAW #26641795 Report a problem | ||
| 3/12/2026 | Price change | $11,495,000-4.2%$1,611/sqft |
Source: CLAW #26641795 Report a problem | ||
| 1/23/2026 | Listed for sale | $11,995,000-4%$1,681/sqft |
Source: CLAW #26641795 Report a problem | ||
| 1/1/2026 | Listing removed | $12,500,000$1,752/sqft |
Source: CLAW #25606091 Report a problem | ||
| 10/16/2025 | Listed for sale | $12,500,000$1,752/sqft |
Source: CLAW #25606091 Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $8,668 +3.4% | $647,214 +2% |
| 2024 | $8,386 +1.6% | $634,525 +2% |
| 2023 | $8,251 +2.8% | $622,084 +2% |
| 2022 | $8,029 +3.4% | $609,887 +2% |
| 2021 | $7,764 +0.4% | $597,930 +1% |
| 2020 | $7,733 | $591,800 +2% |
| 2019 | $7,733 +10.4% | $580,197 +2% |
| 2018 | $7,007 | $568,822 +2% |
| 2017 | $7,007 +2.3% | $557,669 +2% |
| 2016 | $6,851 +3.1% | $546,736 +1.5% |
| 2015 | $6,644 +7.3% | $538,524 +2% |
| 2014 | $6,195 | $527,976 +2.5% |
| 2012 | -- | $515,286 +2% |
| 2011 | -- | $505,184 +0.8% |
| 2010 | -- | $501,409 -0.2% |
| 2009 | -- | $502,601 +2% |
| 2008 | -- | $492,747 +2% |
| 2007 | -- | $483,086 +2% |
| 2006 | -- | $473,614 |
| 2005 | -- | $473,614 +4% |
| 2004 | -- | $455,224 +1.9% |
| 2003 | -- | $446,882 +2% |
| 2002 | -- | $438,121 +4% |
| 2000 | -- | $421,110 |
Find assessor info on the county website
Monthly payment
Est. payment
$66,905/mo
Principal & interest
$55843
Property taxes
$11062
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Climate risks
Neighborhood: Beverly Hills Gateway
Nearby schools
GreatSchools rating
- 10/10El Rodeo Elementary SchoolGrades: K-5Distance: 1.2 mi
- 8/10Beverly Vista Elementary SchoolGrades: 6-8Distance: 2.1 mi
- 9/10Beverly Hills High SchoolGrades: 9-12Distance: 1.7 mi
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