The Summit, CA Luxury Real EstateThe Summit, CA is a gated community in Southern California that has redefined the term "luxury real estate." If you've ever seen one of those celebrity home tour TV shows, you know the rich and famous like to spend money on their "cribs." The real estate in this gated community is mind blowing to say the very least. Many of the homes have large 20-car garages, elevators, wine cellars, gourmet kitchens, swimming pools with cascading waterfalls and guest quarters for the celebrity's entourage. If you're looking for property to show off your success, you'll find it in The Summit, CA. Britney Spears made headlines when she bought a $7 million mansion here. Singer and designer Gwen Stefani bought a 9,000 square foot home in the area on the quiet street of Crest Place. Explore Your Options in The Summit, CA Luxury Real EstateWhile the housing market has taken a hit in recent times, the market for luxury homes is going strong. According to recent statistics, there's been a 40 percent increase in sales for homes listed for $10 million or more. Many people who buy million dollar homes pay cash upfront, which all but removes the credit risk. Large cash payments also help reduce the closing time for new home purchases. People who live in the Summit enjoy close proximity to the studios in Hollywood, Studio City and the west side. The Sunset Strip is just a stone's throw away and the posh shops of Rodeo Drive are no more than 15 minutes away by car. If you're ready to step up to an elegant and refined neighborhood, check out the luxury CA real estate listings at www.2beverlyhills.net. |