There's a $1 billion plot of land for sale on an LA hilltop big enough to fit a home the size of Disneyland, but only about 100 people in the world could buy it
At 157 acres, the plot is "the size of a small city" that can fit all of Disneyland and still have 57 acres left. It's the largest property and highest point in all of Los Angeles, says Ronald Richards of Secured Capital Partners, the current owner, in the news release.
The buyer will be able to build up to 1.5 million square feet of buildings across 17 separate parcels of land with the nearest neighbor half a mile away. That's enough room for a "soccer field, amphitheater, helipad, and polo field side by side," according to the news release.
They'll also be able to build up to 53 feet high, which is 12 feet higher than normal in Los Angeles. That's all the more height to soak in the endless views of Los Angeles, Orange County, Catalina Island, and Santa Monica (when it's not trapped in smog). The plot is so elevated that no neighboring trees obstruct the preserved view.
The Mountain is heavy in security, featuring a private stone aggregate road, cobblestone drive, and a custom-designed security gate. More than 500 trees and 5,000 plants have been planted on the property already.
Millions of dollars have been spent on developing the property, including a sculpture court, landscape lighting design throughout the entire property, and a backup generator large enough to provide electricity to 300,000 square feet of buildings if there's a city wide power outage, the news release said.
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