The community of Calabasas has eclipsed Beverly Hills in Bloomberg’s annual ranking of the richest cities in the United States. The average household income in Calabasas is $194,010, more than twice the national average – and about $4,000 higher than Beverly Hills. Calabasas actually has fewer residents than Beverly Hills, checking in at a little over 24,000 compared to Beverly Hills’ 34,600. The Calabasas Country Club cites the “celebrity factor” as a reason to live there. Celebrities such as the Kardashians, Drake, Will Smith, Katie Holmes and Justin Bieber have all called Calabasas home. Currently at least 20 entertainment celebrities live in Calabasas.
Bloomberg reported Zillow states the median home price in Calabasas is $1.19 million, while it’s $2.76 million in Beverly Hills. “What you pay $20 million for in Hidden Hills you’re going to have to pay $50 million in Holmby Hills,” said Tomer Fridman, a luxury real estate agent who works with the Kardashians. The most expensive listing in Calabasas according to the report is a $32 million mansion in The Oaks gated community within another gated community.
Yes, you go through two gates to reach some homes. First you pass by the gate house where you provide identification before the gate is opened. The guard will provide a passcode to open the second gate that is located another mile down the road.
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