As I travel through Beverly Hills, passing from one world-class landmark to the next, it’s hard not to notice that this city has an unmistakable personality and charm. The name “Beverly Hills” is synonymous with luxury living because only the wealthiest of people can afford those $25 million mansions near Rodeo Drive or a Hills home overlooking Sunset Boulevard. In Beverly Hills, as in any other of the world’s most exclusive neighborhoods, a home is more than just four walls and floorboards. It’s also an investment opportunity for future generations. One that pays dividends by association–and sometimes even literally—as its owner becomes part of the property legacy bestowed upon him or her, along with all those who have come before them.
This blog post will be a guide to the best properties in Beverly Hills and will give us some insight into what it’s like living in an amazing luxury property in this city.
Housing Market in Beverly Hills
The housing market in Beverly Hills, CA is a very competitive one and property values have increased significantly over the last few years. Many people are looking to rent, buy or invest their money in this area of Los Angeles County because of its high quality of life and appreciating property values.
Last year, Beverly Hills homes were selling for a median price of $4.2 m in 62 days This was a huge jump from the previous year. Home prices can sell in the $1000-$5000 per sq foot range. One of the big reasons for the jump is there were so many ultra-luxury (north of $10 m) homes sold.
With its exclusive zip codes, Beverly Hills offers beautiful and highly private neighborhoods like:
In the southern portion of Beverly Hills, single-family and multi-family homes call Wilshire Boulevard home. This area is also known for its hidden gems when it comes to dining. Maude, Honor Bar, Burger Lounge, Beverly Café, and Urth Caffé are some standouts; there’s even park space where we can enjoy picnics or other outdoor activities!
The Flats is a neighborhood in Beverly Hills, and this area is one of the flatter sections of Beverly Hills. A few luxury homes mixed with more spacious estates are visible at closer range while walking or jogging along tree-lined streets in a residential estate style setting. Several major attractions can be found here including an art show hosted by The Beverly Gardens Park which features works from local and international artists twice yearly as well as proximity to nearby hotels such as the famous Hotel Bel-Air (formerly known simply as “The Hillcrest”).
The Platinum Triangle
The Platinum Triangle holds the commercial core of Beverly Hills, where celebs and A-listers go to unwind at night. It’s home to happy tourists as well! This is where we will find the Rodeo Drive. It’s a street in Beverly Hills that has upscale restaurants, galleries, and arts, as well as trendy boutiques. Furthermore, standalone stores of luxury brands are well-represented on its streets such as Chanel Rolex Piaget Balenciaga Cartier, and many more.
The Platinum Triangle is a unique neighborhood defined by the three major roads which run through it: Wilshire Boulevard, Canon Drive, and South Santa Monica Boulevard. We’ll find lots to do in this area due to its convenient location – there are countless restaurants and cafés within walking distance of each other where we can take a break from shopping or sightseeing!
The Trousdale Estates
If we want to feel secure and private, then this is a good place. This community was named after Paul Trousdale who bought the land and sold many of the lots in the 1960s. The homes were built during that time period so expect an aesthetic that looks similar to Mid-Century Modern homes. There will be well-manicured lawns, hedges, watchful security personnel present throughout this area as well as a guard station at the entrance. Many A-list celebrities call this area home.
Extravagant Architectural Design of Homes in Beverly Hills
A luxurious and extravagant architectural design or home construction is a creation that combines distinctive architecture with high-end features. Beverly Hills homes are often featured in magazines like Architectural Digest or House Beautiful which provide detailed information about them to their readership, as many designs here were created by some of America’s most celebrated architects including Paul Williams, Lloyd Wright, Harold W. Levitt, and A. Quincy Jones.
Some of the most luxurious and extravagant homes in Beverly Hills include:
Hugh Hefner’s Playboy Mansion is one of the most famous mansions in Beverly Hills, maybe all of California. It was designed to be larger than any other mansion and it has been privately owned for over 50 years now. The 20,000 sq. ft. mansion not only is designed for private residency, but also for entertaining on a large scale and it has definitely served its purpose. The notorious mansion was known to host some of Hollywood’s biggest names in history. It comes with a zoo license that includes the main house, grotto, and four-bedroom guest home. For entertaining purposes, it houses a catering kitchen, theater room & game house! This is surely one of the most expensive private homes in Beverly Hills!
Palazzo di Amore
This home has a lot to offer. It sits on 35,000 square feet of land and boasts 12 bedrooms and 25 baths spread throughout all the buildings on the property. The grand master suite is decorated with hand-carved fireplace mantels that are built into the wall and include one in the master suite. There’s also an entertainment center that comes included with this wonderful home along with a guest house and vineyard which produces seven different types of wine.
Located in Beverly Hills and sitting on 2.5 acres of stunning property, Hillcrest features Baccarat chandeliers, spectacular views of the city below, gold crown moldings, hand-woven carpets, and pavilions designed for dining with a pool
A very coveted and affluent locale with a thriving economy. Beverly Hills is the place to be for many.
If you’ve considered buying, selling, or investing in a home in Beverly Hills, then connect with me! No pressure, no sales, just here to be a helpful resource for you in all your home goals. My team and I are one click or call away from assisting you with your dream home goals.