Some of the most expensive real estate in the world is in the state of California. The west coast has always been one of the preferred places to live anywhere in the world and it definitely attracts the rich and famous.
Number one last year was La Jolla, California, near San Diego. La Jolla is home to Torrey Pines Country Club, which hosts a PGA golf tournament each year. The homes there are perched on hillsides or on tidy blocks near the beach. In downtown, great restaurants and fancy shops look down on the cliffs and spectacular ocean views. The median price of a house in La Jolla is holding steady at $1,820,000 making La Jolla some of the most expensive real estate in the world today.
Another incredibly high-priced community is Newport Beach and homes there average $1 million exactly based on the latest figures available. Newport Beach is a very large town and boasts some of the best restaurants and nightlife in California. If you get a chance to visit dont miss The Crab Cooker and bring your appetite for the best seafood chowder anywhere. Nearby Balboa Island is very pretty and you can drive twenty minutes south and be in the art and cultural Mecca of Laguna Beach.
Ranking right up near the top of the most expensive real estate year in and year out is beautiful Manhattan Beach. This sleepy beachside community just minutes south of LAX boasts some of the most lavish mansions south of Beverly Hills. Many famous athletes and movie stars have chosen Manhattan Beach as the place to raise their kids. Prices in Manhattan Beach are now at an average of $1,162,000 and climbing. Check out the pier on any weeknight and get the best fish and chips you will ever try at friendly Shellback Tavern, right on the strand.
Beverly Hills is no surprise in our list of most expensive real estate with a median home value of $2,055,700. You wont see many of the homes up in the actual hills, however, since most of them are well hidden behind large walls and long driveways. Security is tight and deservedly so as the rich and famous such as movie stars, producers, and directors make their home here year round. There is great shopping nearby at Beverly Center mall on La Cienega or The Grove on Fairfax. Century City mall is nearby and you can always count on great clubs and restaurants on scenic Sunset Boulevard.
Other great cities featuring the most expensive real estate are Danville, Sausalito, and Santa Barbara. Now is the time to buy your dream home as prices have never been this low, even though they are still sky high.