LA is the home of many things: the Dodgers, the Hollywood sign and the Original Tommy's Hamburger. It is also home to some of the most expensive properties in the entire country. The real estate scene in Los Angeles is such a unique bubble—kinda like a bubble on steroids—that developers are in an arms race to build the most extravagant mega mansion (construction has already commenced on the grand project of the $500 million home in Bel Air to be equipped with a casino, five swimming pools and a lounge surrounded by walls of jellyfish tanks.)
Today, the real estate site, Point2 Homes has listed the top 10 most expensive homes on the market in the US, and the second, third, and fifth place slots belong to homes in LA. The priciest goes to 301 N Carolwood Dr, a home in the exclusive area of Holmby Hills (the area where the famous Spelling Manor is located). This former home of none other than Barbra Streisand has 10 beds, 20 baths, a lounge, wine room, theater complex and indoor waterfall. The price tag for the Carolwood mansion is a hefty $150 million.
The second most expensive piece of residential real estate in LA is the Palazzo di Amore in Beverly Hills. Listed at $149 million, this mansion includes a vineyard and transports guests to a Mediterranean villa as soon as they enter the premises. The final piece of property to make the list is the residence at 1187 N Hillcrest Rd, located in the highly-desirable Trousdale Estates neighborhood of Beverly Hills. For $135 million, one lucky buyer will enjoy 18,000 square feet of grandiose architecture and one of the most expansive views of the city.
So, the next time you are westward bound and journeying through this high-end, fantasy world, give yourself a few extra minutes to drive by and see these massive properties for yourself. Who knows how much bigger this ever-expanding real estate bubble will get, but don't worry too much because the immense amount of envy you will feel from this exorbitant eye is something that is sure to last.