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491 Homewood Rd, Los Angeles, CA 90049

List Price: $7,950,000On Market FlagOn market
Feb 13, 202510,997 sqft5 beds8 baths
Listed by: Santiago Arana
License #: 01492489
Phone #: 424-231-2400
The Agency
Source:
CRMLS Logo
MLS #: 25498225

Property Description

An exceptional development opportunity awaits on one of Brentwood's most sought-after streets. This expansive 20,300 sq. ft. flat corner lot on Homewood Road is being offered with fully approved RTI architectural plans and permits, including Haul Route approval. Construction can begin immediately, saving 3 years of planning and permitting, architectural and entitlement costs, and carrying expenses. Designed for those who appreciate timeless elegance and modern luxury, the proposed estate spans nearly 11,000 sq. ft. Thoughtfully curated for both grand entertaining and everyday living, the home will feature five spacious bedrooms, seven bathrooms, and two powder rooms. A private office, state-of-the-art gym, and wine cellar add both function and indulgence. For movie lovers, a dedicated home theater for a true cinematic experience, while an elegant bar creates the perfect setting for entertaining. An elevator connects all levels, ensuring seamless accessibility, while the expansive 3,000 sq. ft. garage comfortably accommodates six cars. Outside, a resort-style backyard awaits, complete with a stunning pool, a private pool house, and thoughtfully designed spaces for relaxation and gatherings. This is more than just a property; it's a chance to create something extraordinary in a premier Brentwood location. Architectural plans are available upon request. The original Builder and Architect, who were initially engaged for this project, can complete the build and deliver the finished home in approximately 24 months and for a fixed price of $24,000,000. Don't miss out on this rare opportunity.
Assignment
Get a detailed valuation report, schedule a tour or make an offer!
Kevin Kretzmer
Kevin Kretzmer

Role: TurboHome Head Agent

Experience: 10 years

No. of Transactions: 227

“I specialize in helping clients find their dream home or next investment in California, focusing on residential and multi-family properties. My client-first approach, clear communication, and attention to detail ensure that everyone I work with receives exceptional service.”

TurboHome Fair Market Estimate

TurboHome

TurboHome Savings

$200,625

TurboHome Estimated Value

$10,662,500

$970 sqft

High Valuation
$11,195,625
$1018/sqft
Normal Valuation
$10,662,500
$970/sqft
Low Valuation
$10,129,375
$921/sqft

3rd Party Estimates

Source$/sqftValuation
HouseCanary$970/sqft$10,662,500

Neighborhood: Brentwood

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Comparative Value

$7.95M

$9.50M

$11.78M

$13.50M

491 Homewood Rd, Los Angeles, CA 90049

List Price: $7,950,000

Subject Property

249 S Westgate Ave, Los Angeles, CA 90049

Sale Price: $9,500,000

Selected Comparable

13209 Dobbins Pl, Los Angeles, CA 90049

Sale Price: $11,776,000

Selected Comparable

13040 Evanston St, Los Angeles, CA 90049

Sale Price: $13,500,000

Selected Comparable

Neighborhood Comps

Subject Property

SUBJECT
491 Homewood Rd, Los Angeles, CA 90049

491 Homewood Rd, Los Angeles, CA 90049

List: $7,950,000

Listed: 2/13/2025

Area:10,997 sqft
Price/sqft:$723
Beds:5
Baths:8
Year Built:
Lot Size:20,306

Comparable Properties

COMPARABLE
Choose comps
13209 Dobbins Pl, Los Angeles, CA 90049

13209 Dobbins Pl, Los Angeles, CA 90049

Sale: $11,776,000

2/20/20251.13 mi

Area:9,139 sqft
Price/sqft:$1,289
Beds:6
Baths:8
Year Built:
Weight:36.2%
13040 Evanston St, Los Angeles, CA 90049

13040 Evanston St, Los Angeles, CA 90049

Sale: $13,500,000

12/10/20241.25 mi

Area:8,652 sqft
Price/sqft:$1,560
Beds:6
Baths:8
Year Built:
Weight:32.6%
249 S Westgate Ave, Los Angeles, CA 90049

249 S Westgate Ave, Los Angeles, CA 90049

Sale: $9,500,000

2/28/20251.06 mi

Area:9,501 sqft
Price/sqft:$1,000
Beds:6
Baths:9
Year Built:
Weight:31.2%

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