In Malibu, the most expensive beach town in the US, one neighborhood along the surf has earned the moniker "Billionaire's Beach." Music mogul David Geffen reportedly sold his home there last year for $85 million.
Eight of the ten most expensive areas with a beach view are in California,according to the study. Each property averaged a little over $3 million each: Montecito: $5,997,500. Del Monte Forest: $5,975,000.
LOS ANGELES - Beverly Hills was just named the "most expensive" neighborhood in California and among the priciest in the United States. That's according to a recent study by CashNetUSA, which analyzed Zillow data to determine which U.S. neighborhoods carried the highest price tags.
1. Malibu. Live in the lap of luxury in Southern California's premier coastal town, Malibu.
Malibu, California
Malibu is the most expensive beach in the United States. Do you want a home in a small coastal town near one of the United States' biggest cities? If so, Malibu is for you!
1. St. George Island State Park, Florida: The No. 1 beach in the United States, which is on the Gulf of Mexico, has miles of pristine sand.
There are seven areas in the U.S. where a beach view more than doubles the price of a home, and they are all in Florida. Fisher Island, FL, is the most expensive place to buy with a beach view, at a median price of $6,100,000.
1. Bel-Air. The richest neighborhood in Los Angeles is Bel-Air. Making its claim to fame on the popular series The Fresh Prince of Bel Air, this neighborhood is located directly across from Sunset Boulevard and is considered one of the most exclusive residential areas in Los Angeles.
Los Altos Hills has been the wealthiest in California since 2019 (prior, it was in fourth place). Located in Silicon Valley, Los Altos Hills has 8,000 residents, many of whom work in tech. With sunny weather and scenic hills, Los Altos Hills makes for a perfect place to live.
Union City, California
The tradeoff is that it has the lowest rent out of all 10 cities. With a $122,054.66 annual cost of living, you'll need $10,171.22 per month to make a life there.
Mendocino
Romance is in the fresh air of the small, artsy beach town of Mendocino. Known as the 'Victorian Village by the Sea', it is consistently counted as one of the most picturesque places in California.
Santa Monica Beach and Pier
Arguably California's most famous beach, Santa Monica features 3.5 miles of sand, stunning sunsets, and mountain views. The 1,600-foot Santa Monica Pier is an icon all its own.
New York is the richest state in the US, with a GDP per capita at $96,5k. This means that New York is responsible for around 9% of America's entire economic output, the highest percentage amongst the 50 states.
Bel Air and Holmby Hills -- In the hills north of Westwood and west of Beverly Hills, these are old-money residential areas that are featured prominently on most maps to the stars' homes. Brentwood -- Brentwood is best known as the famous backdrop to the O. J. Simpson melodrama.
The most expensive neighborhood in New York, for example, is Southhampton Village on Long Island. The average price of the most expensive neighborhoods in every U.S. state is $5,249,542, but America's most expensive neighborhood—Manalapan, Fla.,—far surpasses that at a whopping average house price of $39,761,000.
Sand dunes of the National Seashore South Padre Island Texas, which is the longest beach in the USA and one of the longest beaches in the world.
And where is the most expensive residential market in the world? We rank the most expensive cities by how many square metres of prime property $US1 million buys you and look at where you can find the best bargain. Monaco holds on to its title as the most expensive residential market globally.