Live On Mulholland Drive: Beverly Hills Lots For Sale
Many people dream of living with the rich and famous on Mulholland Drive but feel it is a dream that cannot come true. However, there are often Beverly Hills lots for sale on this famous roadway and, given the fall in real estate prices, a dream home on Mulholland Drive may now be well within reach.
If you are unfamiliar this area of Beverly Hills, you may wonder why people would be excited about Mulholland Drive lots for sale. Mulholland Drive has a rich and storied history. The two-lane road travels the ridge line of the Santa Monica Mountains and the Hollywood Hills and is the setting for some of the most exclusive and expensive homes in the world. Most of these homes, situated well off the road and sheltered from view, offer spectacular views of Hollywood and the skyscrapers of downtown Los Angeles. Many celebrities, both young and old, have homes situated along Mulholland Drive making it a popular drive for tourists to the area.
Mulholland Drive homes can be bought at around one to eight million dollars. Bigger and newly built homes have extensive floor plans and may cost closer to the end of the price scale. Swimming pools, garages, pool houses and guest houses can be seen in compounds. 1940s and 1950s houses can be bought at a lower price because they are smaller and they need more contemporary facilities to be able to compete with the newly built ones. If you want to be a next door neighbor of an acclaimed personality, then be ready to pay for more than the real value of the lot. Famous celebrities like Jack Nicholson probably own one or more house and lots because of the closer distance between Hollywood and the studios. These individuals value their privacy more than anything else in the world that’s why you need to pay the price if you really wanted to become a part of their community.
Not all lots for sale in Beverly Hills are as pricey as the ones along Mulholland Drive. Due to the economy slump, a lot of beautiful properties are on sale because there is a high need for quick cash and bank foreclosures. Beverly Hills lot for sale oftentimes already have an existing home or building but to demolish the older ones and rebuild on the same location to expand the normal size or to add on to the amenities of the built structure. Many Beverly Hills properties are in greater demand even before the real estate values declined. Those who cannot afford to live in high end communities like the ones along the Mulholland Drive can lately easily buy properties in the most prominent areas in the United States. However, good deals in Beverly Hills are still a bit expensive compared to other areas of the country.
Lots for sale in Beverly Hills give the opportunity of living near Hollywood. It is also an excellent place for people who work in Los Angeles or those who want to move in the area. It is close to exquisite shopping destinations along Rodeo Drive and the Golden Triangle, fine-dining fancy restaurants in Hollywood and exclusive, private and public schools. There are also a lot of relaxation and recreational facilities around the place which are best for families.
If you are one of the many who wants to have a property in this most coveted place, Beverly Hills lot for sale can be bought for lower prices now. But, the house may not be the only one to be considered, cost of living in the Hollywood Hills is also high.
Beverly Hills lots for sale is located at Mulholland Drive, offering privacy from the hassledowntown lifestyle in LA.