What Do Homes in Mount Olympus Actually Sell for in 2026?

What Do Homes in Mount Olympus Actually Sell for Right Now?

Six recorded sales moved through Mount Olympus between June and September of 2026, running from $1,700,000 to $6,850,000, according to Redfin's tracked sales for the neighborhood. Two of the six crossed the line where Measure ULA applies. Four did not. That line sits at $5,300,000 to $5,400,000 depending on the closing date, and it is worth understanding before you set a list price here, not after an offer arrives.

By Paul Blair | September 21, 2026

Mount Olympus is a roughly 300 acre pocket of the Hollywood Hills and a named subdistrict of Laurel Canyon, tucked between Laurel Canyon Boulevard and Nichols Canyon Road and entered off Mount Olympus Drive through a gate lined with columns and fountains. It was graded and built out as a single project starting in 1963, a job that moved roughly 12 million cubic yards of earth to carve flat building pads into a steep hillside, according to Wikipedia's entry on the neighborhood. Developers Russ Vincent, a former actor, and Al Hess laid the streets out with a Greco-Roman theme and kept it consistent: Apollo Drive, Achilles Drive, Electra Drive, Hercules Drive, Jupiter Drive, Oceanus Drive, Venus Drive, Vulcan Drive, and Zeus Drive, at roughly three houses to the acre.

The six sales, and where the Measure ULA line falls

The top two sales both closed above the Measure ULA threshold in effect at the time. 2008 Hercules Drive, a 6,200 square foot, four bedroom, five bathroom house with an infinity pool and Sunset Strip views, closed June 4, 2026 for $6,850,000, as reported by The Real Deal. The seller, actor Jeremy Piven, had bought the house in 2017 for roughly $6,800,000. Nine years later that is a nominal gain of about $50,000 before any costs of sale, and on a transaction this size the combined toll of commissions, escrow, and transfer tax runs well past that gain. 7681 Willow Glen Road closed three and a half weeks later, June 29, 2026, at $6,200,000 on a 7,957 square foot house, per the same Redfin record linked above.

Both of those sales closed before the June 30, 2026 adjustment to Measure ULA's thresholds, so the rate that applied was the 4 percent tier covering sales between $5,300,000 and $10,600,000 at the time, per the Los Angeles Office of Finance. Under that math, the Hercules Drive sale owed roughly $274,000 in Measure ULA on top of the ordinary county and city transfer tax, close to $312,000 in total transfer tax across all three layers. The Willow Glen Road sale owed roughly $248,000 in Measure ULA, close to $283,000 all in. The threshold has since moved up to $5,400,000 and $10,900,000 for anything closing after June 30, but both sales would have landed in the same 4 percent tier either way.

The other four sales never came close to that line. 7902 Fareholm Drive closed July 27, 2026 at $3,800,000, 7939 Hillside Avenue closed September 15, 2026 at $3,500,000, 7866 Fareholm Drive closed August 10, 2026 at $3,150,000, and 7900 Willow Glen Road closed August 6, 2026 at $1,700,000. Sellers in that range paid only the ordinary stack, Los Angeles County's documentary transfer tax at $1.10 per $1,000 of value plus the city's own base transfer tax of 0.45 percent, a combined total that ran from about $9,500 on the smallest sale to about $21,300 on the largest.

If you want to know which side of that line your own Mount Olympus property falls on, and what it would actually net after tax and the usual costs of sale, request a confidential valuation and we will run the specific numbers against your address rather than a blended neighborhood figure.

A single development, more than sixty years later

Nearly every house in Mount Olympus dates to the same 1960s build-out, which makes it a different kind of hillside neighborhood than most of what sits around it. Where a tract like Outpost Estates or Laurel Canyon proper grew in over decades with a mix of eras, Mount Olympus arrived essentially all at once, on lots carved from a single grading job, with a shared architectural period even where individual houses have since been remodeled or rebuilt. The neighborhood's Greek theme was a marketing device from the start, and it is still the fastest way to orient a map of the area today: Hercules, Zeus, and Apollo Drives all sit inside the same few blocks, a short drive from two other Laurel Canyon sub-markets we have covered this year, Wonderland Park and Lookout Mountain, both of which trade on very different pricing logic despite sitting a few minutes away by car.

That single build-out period also means the size range inside Mount Olympus is unusually wide for a small neighborhood. This year's sales spanned from 1,920 to 7,957 square feet, a more than four to one difference, and the price per square foot moved almost as much, from $722 to $1,219. As with the tract-built hillside neighborhoods we have covered elsewhere this year, that spread comes down to condition and scale more than street. A smaller, updated house can out-price a larger, dated one on a per foot basis, which is worth knowing before assuming a bigger lot automatically means a bigger number.

What a hillside address does and does not guarantee

Every house in this stretch of the Hollywood Hills carries the same category of due diligence, whatever it sold for. Grading, retaining walls, drainage, and access all belong on the inspection list, and the Natural Hazard Disclosure should be read closely rather than treated as paperwork. Fire Hazard Severity Zone mapping across the Santa Monica Mountains has changed as the state has updated its maps, and no source publishes a reliable neighborhood-wide tier for Mount Olympus specifically, so confirm any address you are considering against the Los Angeles Fire Department's fire zone map and the state fire marshal's Fire Hazard Severity Zone maps rather than assuming from a neighboring parcel. Pull insurance quotes early in the process. On a house in the $3 million to $7 million range, the gap between a standard carrier and a surplus lines policy is large enough to change the real monthly cost of owning the property.

Frequently Asked Questions

Where exactly is Mount Olympus?

Mount Olympus is a roughly 300 acre neighborhood in the Hollywood Hills, a named subdistrict of Laurel Canyon bounded by Laurel Canyon Boulevard and Nichols Canyon Road. It is entered off Mount Olympus Drive, with streets named for Greek and Roman mythology, including Apollo, Achilles, Electra, Hercules, Jupiter, Oceanus, Venus, Vulcan, and Zeus Drives.

What did homes actually sell for in Mount Olympus in 2026?

Six recorded sales between June and September 2026 ran from $1,700,000 to $6,850,000, with a price per square foot range of $722 to $1,219 across houses from 1,920 to 7,957 square feet.

Does Measure ULA apply to a sale in Mount Olympus?

It applies whenever a sale crosses the current threshold of $5,400,000, since the neighborhood sits inside the City of Los Angeles. Two of the six 2026 sales crossed that line, both above $6,000,000, and owed roughly $250,000 to $275,000 in Measure ULA on top of the ordinary county and city transfer tax. The other four, all under $3,800,000, paid only the ordinary transfer tax.

Why does Mount Olympus have Greek and Roman street names?

The neighborhood was developed as a single project starting in 1963 by Russ Vincent and Al Hess, who built the Greco-Roman theme into the streets, the entry gate, and the marketing from the beginning. Nearly all of the housing stock dates to that same build-out, which is unusual for a Hollywood Hills neighborhood this size.

Should I use a local agent to sell a home in Mount Olympus?

What matters most is direct transaction experience with hillside parcels in this specific stretch of the Santa Monica Mountains, where grading, drainage, insurance, and the Measure ULA threshold all show up more often than they do on flat land, and familiarity with how a tract built in one decade prices against its neighbors. I have worked hillside and canyon sales across the Los Angeles side of my practice for years, including in Laurel Canyon and its named sub-markets, and I am glad to walk through what that means for a specific Mount Olympus address. Start a conversation when you are ready.

Mount Olympus has sold as one architectural idea since 1963, and the 2026 sales show a neighborhood where the Measure ULA line does more to separate the market than the street does. If you are weighing a sale above or below that $5.4 million mark, schedule a private consultation and we will go through what it means for your specific numbers, or look through what is currently available across our Los Angeles listings.

I have worked enough hillside transactions in this part of the Santa Monica Mountains to know that a shared build date does not mean a shared price, and Mount Olympus in 2026 is a clean example of why.

About Paul Blair

Paul Blair is the founder and broker of Grey Square, a virtual real estate brokerage representing buyers and sellers across Dallas and Los Angeles. With 22 years in the business and more than $200 million in closed transactions, Paul works the full range of the market, from luxury homes in the Park Cities and Preston Hollow to estates in the Hollywood Hills and across the Westside. Connect with Paul and the Grey Square team at greysq.com. TX TREC #9011505, CA DRE #01792671.