Home Buying

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 recent real estate issues, a home on Mulholland Drive could be 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 long and storied history. The road travels the 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.

Most homes along Mulholland Drive range from about one to eight million dollars. Larger, newer homes tend to have extensive floor plans and be at the higher end of the price scale. Properties may include swimming pools, garages, pool houses and guest houses. Homes built in the 1940s and 1950s, may be smaller in size, lack modern amenities and have a proportionally smaller price tag. Be prepared to pay a premium for the Mulholland Drive lots for sale ff you want to live next door to a celebrity. Stars like Jack Nicholson may own one or more homes on this famous road, since the proximity to Hollywood and the movie studios cannot be matched. Celebrities prize their privacy and neighborhoods like Mulholland Drive afford people the isolation they desire. for a price, it can be yours.

Lots for sale in Beverly Hills, however, are not all as expensive as those along Mulholland Drive. Many beautiful properties are on offer thanks to the downturn in the economy, the need for quick cash and bank foreclosures. Most Beverly Hills lot for sale are developed, but it is common to tear down an older structure and rebuild on the site to change the size or amenities of a home. Most Beverly Hills properties are in demand since the downturn in real estate values. People who, at one time, could not afford to live in rarified neighborhoods like the ones along Mulholland Drive are able to secure properties in the most sought-after communities in the United States. Even bargain prices in Beverly Hills are much higher than other areas of the country.

Lots for sale in Beverly Hills offer the convenience of their prime location in the heart of Hollywood. For those who want to live and work in Los Angeles, Beverly Hills is an ideal place to center one’s life. Some of the country’s finest shopping can be found close by in Rodeo Drive and the Golden Triangle. Fine dining in the best high-end restaurants is located in Hollywood, West Hollywood and Beverly Hills. Beverly Hills offers quality schools, both public and private, along with a multitude of outdoor and family activities.

If you dream of living in Beverly Hills, the current economic state could make Beverly Hills lots for sale a real dream come true. Just be prepared for the relatively high cost of living life in the Hollywood Hills.