Location matters. Everyone says it. In Beverly Hills, the "Flats" represent a specific kind of status—wide streets, towering palm trees, and a complete lack of the winding, vertigo-inducing canyons you find further north. Within this grid, 722 N Elm Drive Beverly Hills sits as a fascinating case study in California luxury real estate. It isn't just about the zip code. It's about how a specific piece of land evolves from a classic 1940s footprint into a modern architectural statement that reflects exactly what wealthy buyers want right now.
Look at the history.
Originally built in 1941, the property started its life during the Golden Age of Hollywood. Back then, Beverly Hills wasn't the international brand it is today; it was a quiet suburb for the elite who wanted to be close to the studios but far enough away from the grime of downtown. The house at 722 N Elm Drive has seen the neighborhood transform from a sleepy collection of estates into a high-stakes chess board for international developers. Honestly, it’s kind of wild when you think about the sheer volume of money that flows through this single block between Sunset Boulevard and Santa Monica Boulevard.
The Architecture of 722 N Elm Drive Beverly Hills
Most people walking by see the high hedges. That’s the first thing you notice about homes in the Flats. Privacy is the ultimate currency here. But behind those gates, the property reveals a massive shift in design philosophy. While the original structure leaned into the traditional, the current iteration—which underwent massive renovations and sales cycles over the last decade—is all about the "Organic Modern" aesthetic.
We’re talking about roughly 10,000 square feet of living space. That’s not a typo.
The transition from the exterior to the interior is designed to be seamless. Architects call it indoor-outdoor flow, but basically, it just means the walls disappear. Huge glass pocket doors slide into the masonry, making the backyard feel like an extension of the living room. It's a specific look that defines the Beverly Hills luxury market in 2026. You’ve got the white oak flooring, the book-matched marble in the kitchen, and a lighting scheme that probably costs more than a starter home in the Midwest.
The backyard is the real showstopper. It features a zero-edge pool that looks like a sheet of glass dropped into the grass. When you're standing back there, the noise of the city completely vanishes. It’s quiet. Spooky quiet, almost. That’s the draw of 722 N Elm Drive Beverly Hills. You are five minutes from the chaos of Rodeo Drive, yet you feel like you’re in a private fortress.
Why the Flats are Winning the Real Estate War
For a long time, the "Bird Streets" or the hills were the places to be. People wanted the views. They wanted to see the city lights. But lately, there’s been a massive migration back down to the Flats, and addresses like 722 N Elm Drive are the reason why.
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Why?
Walkability. Sorta.
Nobody actually walks to get groceries in Beverly Hills, but they do like the idea of walking to a morning coffee at Alfred or hitting a Pilates class on Canon Drive without needing to navigate a three-mile hairpin turn down a mountain. The Flats offer a flat, walkable grid. It's better for families. It’s better for people who actually want to use their yard instead of just staring at a cliffside.
- Lot Size: Most lots here, including 722 N Elm, are around 15,000 to 20,000 square feet. That’s plenty of room for a guest house, a screening room, and a legitimate gym.
- Privacy: The mature landscaping on Elm Drive is legendary. The trees are decades old. You can’t buy that kind of coverage at a nursery.
- Resale Value: History shows that the Flats hold their value better than almost any other micro-market in Los Angeles.
The Numbers Behind the Gates
Let's get real for a second. The price tags on these homes are astronomical. 722 N Elm Drive Beverly Hills has hovered in that stratosphere where "if you have to ask, you can't afford it." Historically, properties of this caliber in this specific stretch of Elm have traded anywhere from $15 million to well over $25 million depending on the level of finish and the "star power" of the previous owner.
Real estate experts like Josh Flagg or the agents over at The Agency often point to the "Elm, Maple, Palm" trio as the most desirable streets in the neighborhood. Elm is often considered the "quiet" one. It doesn't get the cut-through traffic that some of the other north-south arterials get. That translates to a premium on the price per square foot.
Investors look at a property like this and see more than just a home. They see a hedge against inflation. In a world where the stock market is volatile, a 10,000-square-foot contemporary estate in the 90210 zip code is basically a gold bar with a roof on it.
Modern Amenities: More Than Just a Kitchen
The days of a "nice kitchen" being enough are over. To compete at the level of 722 N Elm Drive Beverly Hills, a house needs to be a self-contained ecosystem.
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The basement levels in these newer builds are insane. We’re seeing subterranean "wellness centers" that include cold plunges, infrared saunas, and salt rooms. It’s not just a gym; it’s a spa that rivals a five-star hotel. Then you have the tech. Everything is controlled by Josh.ai or Crestron. You can change the temperature, dim the lights, and check the security cameras from a beach in St. Tropez.
Wait, there's more.
The "chef’s kitchen" is usually just for show—the place where you put the expensive fruit bowl. Behind a hidden door, there’s usually a second, "dirty kitchen" where the actual cooking happens. It’s these layers of luxury that separate 722 N Elm from a standard high-end renovation.
Misconceptions About Living on Elm Drive
People think living in the center of Beverly Hills is like living in a tourist trap. It’s not.
Once you get north of Santa Monica Boulevard, the vibe shifts. The tourists stay on Rodeo. The influencers stay at the Beverly Hills Hotel. The residential streets like Elm Drive are remarkably serene. You see people walking dogs. You see kids on bikes. It feels like a neighborhood, albeit one where the average net worth is nine figures.
Another misconception? That these modern homes are "cold."
While the 2010s were defined by "white box" minimalism—all glass and concrete—the current trend seen in homes like 722 N Elm is "Warm Contemporary." They use textured stone, reclaimed wood, and earth tones to make the massive scale feel livable. It’s about making a 10,000-square-foot house feel like a home, not a museum.
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The Future of 722 N Elm Drive Beverly Hills
What happens next for a property like this?
As we move deeper into 2026, the focus is shifting toward sustainability and "invisible" luxury. Future owners of 722 N Elm Drive Beverly Hills will likely look to integrate even more off-grid capabilities—think Tesla Powerwalls hidden in the garage and advanced greywater recycling systems for those massive lawns. The aesthetic will continue to lean into "quiet luxury," where the materials are incredibly expensive but don't scream for attention.
The real estate market in Beverly Hills isn't going anywhere. There is a finite amount of land in the Flats. They aren't making any more of it. As long as people want to be in the most famous zip code in the world, addresses like 722 N Elm will remain the gold standard.
If you are looking at this property or others like it, focus on the "bones." Look at the ceiling heights. Look at the width of the hallways. A house can be repainted, and kitchens can be gutted, but you can't easily change the volume of a home. That’s what makes this specific property so valuable—it has the physical scale that modern luxury demands.
Actionable Insights for High-End Buyers:
- Check the Setbacks: In the Beverly Hills Flats, building codes are strict. Ensure any renovations at 722 N Elm have been fully permitted to avoid massive headaches with the city.
- Prioritize the "Basement": In the 90210, the square footage below grade is often where the most value is added. A well-executed lower level can increase a home's value by 20-30%.
- Landscaping as Infrastructure: Don't view the hedges as just bushes. In this neighborhood, they are a vital security and privacy feature. Budget for professional maintenance; it's non-negotiable.
- Understand the "School Factor": Even if you don't have kids, being in the Beverly Hills Unified School District (BHUSD) provides a floor for your property value that neighboring areas like West Hollywood simply don't have.
Ultimately, 722 N Elm Drive represents the pinnacle of the Los Angeles lifestyle. It’s a mix of history, modern engineering, and the undeniable allure of the Flats. Whether it's a primary residence or a piece of a global real estate portfolio, it’s a property that defines what it means to "make it."