For sale · Active

1227 Roberto Lane

Los Angeles, CA 90077

$9,000,000
Bedrooms & bathrooms5 Beds • 6 Baths
Living area9,213 (area; units unconfirmed)
Lot size0.3449 acres
Property typeSingle Family Residence
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Listing broker / agent: Nourmand & Associates-BH · Rochelle Maize · CRMLS

MLS # 26874435 · Last checked Oct 21, 2026 01:44 UTC

About this property

From Downtown to the Pacific, Los Angeles becomes part of the architecture. Introducing The Observatory, a gated contemporary estate in Bel Air conceived around the city, canyon, and ocean views that define its setting. Spanning approximately 9,200 SF, the residence is designed to draw that panorama into everyday life through walls of Fleetwood glass, covered terraces on every level, and an expansive rooftop overlooking Los Angeles. Offered approximately 85% complete and sold in its current unfinished condition, The Observatory invites its next owner to bring the architectural vision to completion and make the finished residence their own. The following describes the envisioned completed home. Twelve-foot ceilings and floating staircases define open living spaces designed to flow onto the terraces. A show kitchen and separate chef's kitchen support both everyday meals and larger gatherings, with room for evenings to move from dinner indoors to conversation overlooking the city. The outdoor design includes a pool and spa with floating pavers, an oversized step-in lounging platform, and a built-in barbecue. Da Vinci fireplaces create focal points for gathering after sunset, extending the home's entertaining spaces into the open air. A naturally lit lower level brings together an entertainment lounge, bar, wine cellar, and theater, alongside a gym, steam shower, and dry sauna. Guest suites and expansive patios complete the level. Upstairs, the en-suite bedrooms include a primary retreat with a fireplace, private terrace, spa-inspired bath, and oversized dual closets. The design also incorporates elevator access to all levels and smart home automation. The experience culminates on the approx. 2,500 SF rooftop deck. Envisioned with multiple lounge areas, it offers space for a quiet pause above the city or an evening shared with friends as the skyline lights up. Here, the breadth of the setting becomes the centerpiece, stretching from Downtown through the canyons toward the Pacific. From skyline to shoreline, The Observatory is envisioned as a private place to experience Los Angeles in full. With the residence approximately 85% complete, the opportunity is to bring that vision to life and make this perspective your own.

Property details

MLS number
26874435
Status
Active
Type
Residential
Subtype
Single Family Residence
Beds / baths
5 Beds • 6 Baths
Living area
9,213 (area; units unconfirmed)
Lot size
0.3449 acres
County
Los Angeles
Stories
2
More property detailsExpandCollapse

Listing

Days on market
0

Building

Architectural style
Modern
Stories
2
Building stories
2
Levels
Two
Living area source
Other

Bathrooms

Full bathrooms
5
Half bathrooms
1
Three-quarter bathrooms
0
Quarter bathrooms
0

Rooms & interior

Rooms
Entry Foyer, Family Room, Living Room
Appliances
Dishwasher, Refrigerator, Dryer, Washer
Heating
Central
Cooling
Central Air
Fireplace
Den, Recreation Room
Laundry
Inside
Furnishing
Unfurnished

Exterior & parking

Total parking spaces
0
Parking
Door Multi, Driveway, Garage, Side By Side
Attached garage
Yes
Pool
In Ground
Spa
Heated
Property outlook
City Lights, Canyon, Ocean

Fees & lease terms

Association
No
Explore the area

Nearby public schools

Within 5 miles

Nearby does not mean assigned. These are approximate straight-line distances from the property, not walking or driving routes. Confirm attendance boundaries, enrollment eligibility, grades and current school status directly with the district.

Nearby California public school locations, sorted by distance
School / districtGradesDistance
Community Magnet Charter Elementary (school website, opens in a new tab) Los Angeles Unified · Los Angeles K–5 1.0 mi
Roscomare Road Elementary Los Angeles Unified · Los Angeles K–5 1.6 mi
Warner Avenue Elementary (school website, opens in a new tab) Los Angeles Unified · Los Angeles K–5 2.4 mi
Kenter Canyon Elementary Charter (school website, opens in a new tab) Los Angeles Unified · Los Angeles K–5 2.5 mi
Fairburn Avenue Elementary (school website, opens in a new tab) Los Angeles Unified · Los Angeles K–5 3.1 mi
El Rodeo Elementary Beverly Hills Unified · Beverly Hills K–5 3.2 mi
Emerson Community Charter (school website, opens in a new tab) Los Angeles Unified · Los Angeles 6–8 3.2 mi
Brentwood Science (school website, opens in a new tab) Los Angeles Unified · Los Angeles K–5 3.3 mi

Source: California Department of Education · 2025-26 school locations. Downloaded Oct 2, 2026 UTC. This annual snapshot may not reflect later changes. Public schools only; not a complete list of education options. No ratings or attendance assignments are provided.

Check the California School Directory ↗

Price and tax history

Asking price

Current asking price
$9,000,000
MLS-reported original asking price
$9,000,000
Asking prices observed by this listing service
Observed (UTC)Asking price
Oct 21, 2026 01:32$9,000,000

MLS values are reported for this listing, not prior sales. Observation dates show when our importer saw an asking price, not when the MLS changed it. Up to 24 observations are retained; changes between refreshes may be missed. This is not a complete price or sales history.

Property taxes

Tax history is not available from the imported listing data.

Source: MLS feed. Only supplied tax years are shown, up to 10 years; this is not a county tax archive. Amounts may be corrected and taxes may change after purchase. Verify assessments and current taxes with the county. These values do not automatically fill the payment calculator.

Local inventory snapshot

Market trends in Los Angeles

Active residential homes for sale in Los Angeles, CA, available through this website's authorized feed. Includes residential subtypes; excludes rentals. Not the entire market or a valuation of this property.

Available listings3,955Current authorized inventory
Median asking price$1,129,0003955 listings with a valid price
Median asking price / sq ft$618.561432 listings with confirmed sq ft
Median days on market293955 listings with MLS-reported days

Observed price activity · past 30 days

Listings with a reduction539
Listings with an increase24

557 currently active listings have an observed price-change pair ending in this period. A listing can appear in both counts.

Calculated 2026-10-21 02:44 UTC. Source: this website's authorized MLS inventory. Import progress, freshness rules and coverage affect the figures. Medians exclude missing/invalid values; price per sq ft is the median of individual listing ratios. Price observations are limited to the last 24 per listing and may miss changes between refreshes. This is not a complete 30-day market report, historical inventory trend, appreciation measure, or sold-price analysis.

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Loan assumptions and ownership costs

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