Home of the Week: Space for big gatherings in Beverly Hills

Set behind 12-foot-tall wrought-iron gates, this Beverly Hills estate centers on a renovated traditional-style house polished to reflect the elegance and glamour of its early days. With a grand terrace for entertaining and a large motorcourt, the compound is designed for events and large-scale gatherings.

Location: 1000 Ridgedale Drive, Beverly Hills 90210

Asking price: $18.95 million

Year built: 1931

Architect: Paul Williams

House size: Six bedrooms, eight bathrooms, 13,000 square feet

Lot size: 1.2 acres

Features: Formal entry hall, library with a walnut-paneled bar, 21-seat screening room, six fireplaces, gym, 2,000-bottle wine cellar/tasting room, offices, entertaining gazebo, tennis court, swimming pool, pool cabana

About the area: In the third quarter, 75 single-family homes sold in the 90210 ZIP Code at a median price of $2.4 million, according to DataQuick. That was a 26.3% price decrease from the third quarter last year.

Agents: Jeffrey Hyland, (310) 278-3311, and Drew Fenton, (310) 858-5474, both of Hilton & Hyland in Beverly Hills

To submit a candidate for Home of the Week, send high-resolution color photos on a CD, written permission from the photographer to publish the images and a description of the house to Lauren Beale, Business, Los Angeles Times, 202 W. 1st St., Los Angeles, CA 90012. Send questions to [email protected].