November 26, 2004 04:58 PM
Most Expensive Gated Communities In America 2004
Excerpt: he most basic service a gated community provides is a barrier to non-residents. But some offer access to golf clubs and private beaches, or general managers who can tend to plants and appliances while owners are absent. One on our list of the most expensive in the country has security patrols on the water to keep watch on multi-million-dollar yachts. Others have polo grounds and picnics with all the right people.
As long as there have been rich people, there have been gates to keep everyone else out.
Many think Tuxedo Park, just north of New York, was the first gated community in America, but businessman Llewellyn Solomon Haskell designed Llewellyn Park in Eagle Ridge, N.J., in the mid-19th century, about 30 years earlier. He sparked a trend that continues to thrive well into present day.
Many of the country's richest people pay tens of millions of dollars to reside in estate neighborhoods with guarded entrances. Since gates block out gawkers and stalkers, they are popular among entertainment and sports celebrities, including golfer Tiger Woods, who lives in Orlando's Isleworth, and actor/director Ron Howard, who resides in Greenwich's Conyers Farm. Top executives can benefit as well, as Steve Burd, chief executive of Safeway (nyse: SWY - news - people ) discovered early this year when labor protesters were stopped at the entrance to his neighborhood in Southern California. Other residents simply like the privacy and the lack of traffic.
Read Full Story ...California, U.S. in a Housing 'Bubble,' UCLA Forecast Says - Dec 11, 2004
21st-Century Landlords - Dec 10, 2004
Get Real About Real Estate - Dec 09, 2004
Can There Be Too Many Homeowners? - Dec 06, 2004
Selling Your Home - Dec 06, 2004
Conforming Mortgage Loan Limits Rise For 2005 - Dec 04, 2004
12 Tips For Wise Use Of Equity - Dec 01, 2004
Housing Wealth Reverberates - Nov 30, 2004
More Mortgages To Be 'Conforming' - Nov 30, 2004
Realtors Engage In Turf Battle With Discounters - Nov 28, 2004
Expanding The American Dream Commitment - Nov 26, 2004
'Tis the Season to Fix Up Your House - Nov 26, 2004
Sell Your Home — Fast - Nov 26, 2004
Exchanging Real Estate Tax Free - Nov 25, 2004
Home Equity For The Holidays? OK, With Caution. - Nov 25, 2004
Does It Pay To Save? - Nov 23, 2004
The High Earner/Poor Saver - Nov 20, 2004
Six-Figure Zip Codes - Nov 20, 2004
Buyer's Home Feature Preferences Reflect Lifestyles - Nov 16, 2004
Pattern of Strong Home-Price Gains Continues in Most Metro Areas - Nov 16, 2004