Being a haven for glitz, glamour and financial power, Los Angeles is home to some of the most ultra-luxurious and exclusive neighborhoods in all of the country. Above them all however, one neighborhood remains supreme as the most expensive, private and perhaps most star-studded community of all: Beverly Park.
With homes averaging roughly 20,000 square feet in size, any property within Beverly Park is considered extremely desirable and able to fetch a hefty value. Even vacant lots in the neighborhood garner more value than the average Los Angeles luxury home. Currently, one such lot is on the market for a reported $30 million.
Being one of the most high-priced neighborhoods in all of the country, it makes sense that only a handful of Los Angeles’ elite home owners can afford to live in Beverly Park. Some of the high-profile residents that call the neighborhood home include Denzel Washington, Eddie Murphy, Sylvester Stallone, Mark Wahlberg, media tycoon Sumner Redstone and handbag mogul and real-estate developer Bruce Makowsky.
“I could afford to live anywhere I want,” Makowsky recently told The Wall Street Journal. “This is a little slice of heaven.”
So what is it exactly that draws uber-wealthy home owners to Beverly Park? Here’s a little look inside the exclusive neighborhood to give home buyers a better idea:
A private enclave
Being rich and famous can often come with private intrusions by the public. Many home owners wanting to get away from the nutty paparazzi scene prevalent throughout Los Angeles will find a haven worth paying top dollar for in Beverly Park. Divided into two separate communities, there are only a total of about 71 or so luxury homes in Beverly Park. Being such an exclusive community enables the 24/7 security staff to keep an extra careful watch on goings on inside the enclave’s private gates, making the neighborhood super secure.
Where luxury homes only get more extravagant
One of the most magnificent draws of Beverly Park are the extravagant homes that are continually being built inside of the community. While homes typically average about 20,000 square feet in size, residents are now working to make 30,000 the new normal. Actor Mark Wahlberg purchased a 20,000-square-foot home a few years back and quickly took to renovating the home down to the finest details and adding on a 10,000-square-foot addition.
Amenities such as commercial-grade gyms, bowling alleys, beauty salons and movie theaters are also becoming more and more prevalent in the homes of Beverly Park.
Property size matters
While luxury buyers could get the previously named amenities in almost any upscale community around Los Angeles, one of the major selling points in Beverly Park is all that, plus a hefty amount of land. Located within the Beverly Hills Post Office area but still in Los Angeles, many properties have vast views of the canyons of luxury homes below, but they do offer larger-than-average property sizes which has made a difference for many a buyer.
If you are interested in learning more about homes in Beverly Hills please feel free to contact our team of expert property agents today.