Mount Olympus, a gated community in the Hollywood Hills known for its tacky architecture and street names, should relinquish its title to the more prestigious Beverly Park. Located just three miles north of the Beverly Hills Hotel, Beverly Park is home to some of Hollywood’s most elite residents, with sprawling mansions representing a variety of architectural styles. Gated communities like Beverly Park have seen a resurgence in popularity and value in recent years, with homes in the area selling for millions of dollars.
Despite its exclusivity and high price tags, Beverly Park offers a sense of security and privacy that appeals to its wealthy residents. The community is home to a four-acre children’s park and is located within the Beverly Hills 90210 zip code, adding to its prestige. New buyers in Beverly Park often opt for oversized homes on large lots that offer maximum security and privacy.
Notable residents of Beverly Park have included celebrities like Adele, Justin Bieber, Denzel Washington, and Mark Wahlberg, as well as tech billionaires, Saudi royals, and sports legends. Property prices in the neighborhood often exceed tens of millions of dollars, with the median list price currently sitting at $47.5 million. Beverly Park has become a hotspot for luxury real estate, with lavish mansions and estates designed by renowned architect Richard Landry.
Recent notable sales in Beverly Park include singer Adele purchasing Sylvester Stallone’s estate for $58 million, Mark Wahlberg selling his Landry-designed mansion for $55 million, and Justin Bieber buying a home for $25.8 million. Other celebrities like Sofia Vergara and Rod Stewart have also made significant real estate purchases in the area. Hilton & Hyland President David Kramer, who has been involved in numerous sales in Beverly Park, recently completed a major remodel of a property in the neighborhood.
Kramer’s remodeled property at 73 Beverly Park Lane is a modernist home with nine bedrooms, 21 bathrooms, and nearly 30,000 square feet of living space. The property is listed for $90 million, potentially setting a new record for Beverly Park if sold at that price. The remodeled home features a contemporary design with expansive glass walls, a lushly landscaped exterior, and luxurious amenities such as a commercial prep kitchen, theater, and spa.
Beverly Park continues to attract affluent buyers seeking the ultimate in luxury living and privacy. With its high security, prestigious zip code, and stunning mansions, Beverly Park remains one of Los Angeles’ most exclusive and sought-after neighborhoods. As younger Hollywood elites and high-net-worth individuals flock to the area, the real estate market in Beverly Park shows no signs of slowing down, with record-breaking sales and multimillion-dollar properties shaping the landscape of this elite enclave.