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House in Beverly Hills is reinvented as a luxury estate

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Set up from the street, this gated house in Beverly Hills has been reimagined as a contemporary estate. The manicured grounds contain a motor court, a swimming pool with a spa, lawn and a meditation garden. A water wall spans the outdoor kitchen and living room.

Address: 1041 Laurel Way, Beverly Hills 90210

Price: $24.95 million

Built: 1987

Lot size: 22,574 square feet

House size: 9,508 square feet, five bedrooms, eight bathrooms

Features: Two-story foyer, living room with fireplace, dining room, family room with fireplace and wet bar, office, high ceilings, French doors, wide-plank oak floors,

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About the area: The median sale price for single-family homes in the 90210 ZIP Code in October was $3.361 million, based on 24 sales, according to CoreLogic. That was a 25.3% decrease compared with the same month last year.

Agents: Jade Mills, (310) 285-7508, Coldwell Banker; James Harris, (424) 400-5915, The Agency; David Parnes, (424) 400-5916, The Agency

To submit a candidate for Home of the Day, send high-resolution color photos via Dropbox.com, permission from the photographer to publish the images and a description of the house to lauren.beale2@latimes.com.

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Follow Lauren Beale on Twitter @LATHotProperty.

See more Homes of the Day:

Modern take on a classic style in Hollywood Hills

Hillside house in El Sereno remains rooted in the 1950s

1930s Echo Park aerie offers abundant live-work options

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