Beverly Park
Beverly Park, also referred to as North Beverly Park, is a private gated community located in the hills above Los Angeles, California. Located at 13100 Mulholland Drive, this wealthy neighborhood is known for its concentration of exceptionally large houses, up to 40,000 square feet (3,700 m2), and for its famous residents.
History
Established in 1990, the 250 acre (100 ha) community was built by Los Angeles-developers Brian Adler and a partner using land that was originally intended to be a golf course named after Dean Martin. It originally contained 64 two-acre (0.8 ha) lots, a 4 acre (1.6 ha) landscaped park and over 100 acres (40 ha) of open space; a number of adjacent lots have been purchased and combined for larger estates. The vacant lots originally sold for US$3.5 million to $6 million each, but the prices have since increased.
The neighborhood residents abide by a 70-page homeowners’ covenant that includes a minimum building size: “No dwelling shall be constructed or maintained on any residential lot which has a floor area less than 5,000 square feet (464 m²).” The price of a complete house is $15 million for the smaller houses and can reach up to $50+ million for the largest houses. As of August 14, 2008, there are four houses for sale publicly in Beverly Park listed at $21.5, $29, $45 and $50 Million. They are grand estates located on 2 acres (8,100 m2), 6 acres (24,000 m2), 2 acres (8,100 m2) and 2.1 acres (8,500 m2) respectively. There may be other properties for sale in the community that are privately listed, also known as pocket listings in the real estate community.
The neighborhood’s main artery is located just south of Mulholland Drive, north of San Ysidro Drive, west of Coldwater Canyon Drive and east of the Beverly Glen neighborhood. Located in the 90210 ZIP Code, the neighborhood is considered a part of Beverly Hills.
Residents
Because of its seclusion and security, including security cameras and constant patrols by guards, the neighborhood is popular among wealthy celebrities and business executives. The residents of Beverly Park have included:
Avi Arad
Barry Bonds
Jami Gertz
Faith Hill
Samuel L. Jackson
Magic Johnson
Martin Lawrence
Reba McEntire
Mike Medavoy
Tim McGraw
Eddie Murphy
Luciana Paluzzi
Bill Phillips
Sumner Redstone
Paul Reiser
Haim Saban
Sylvester Stallone
Rod Stewart
Steven Udvar-Hazy
Denzel Washington
Russell Weiner
Robbie Williams
Richard Zanuck
