Subdivision Claims Beverly Hills Style--in Sherman Oaks

"The 95 houses slated for construction inside the gated confines of Mulholland Estates will sell for $2.3 million to $5.1 million each. Complete with servants' quarters, the homes will range from 6,500 to 7,500 square feet with plenty of mountaintop views of the San Fernando Valley, smog permitting. Three typically sized Los Angeles houses could fit into a Mulholland Estates home with enough space left over for several walk-in closets."

"Even the subdivision's streets are monster size. The typical suburb has streets 44 feet wide; Mulholland Estates' roads are 76 feet wide. The developer and architect of this project, Kenneth Kai Chang, said the median strips will be used to accommodate some of the more than 5,000 trees being trucked into the subdivision."

"It's one of the Valley's biggest and most brash housing developments, and the houses are selling in a hurry. In phase one, 70 luxury houses are to be built. Chang and his associates are holding 19 of them; of the other 51 for sale to the public, 49 have been sold, and the first families will move in next June."

Mulholland Estates is a large-scale luxury residential development under construction in Sherman Oaks, positioned just outside Beverly Hills. The gated community will contain 95 homes ranging from 6,500 to 7,500 square feet, priced between $2.3 million and $5.1 million each. Homes feature servants' quarters and mountaintop views of the San Fernando Valley. The development includes unusually wide streets at 76 feet compared to typical suburban streets of 44 feet, with median strips designed to accommodate over 5,000 imported trees. Developer Kenneth Kai Chang has arranged for Beverly Hills postal service delivery to the community. Phase one includes 70 homes, with 49 of 51 public units already sold before construction completion. Phase two will add 25 additional homes.

Read at Los Angeles Times