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Six Enormous Megamansions Are On the Way at Billion-Dollar Hilltop Property in Beverly Crest

The 157-acre hilltop event space in Beverly Crest known as Vineyard Beverly Hills was put up for sale earlier this year with a website advertising that the owners were hoping for a single buyer looking to come forward with $1 billion or more. That creative estimate for the property's worth is now taking a backseat as previously stalled plans to put six megamansions on the site are now back on. Each humble residence is expected to be about 40,000 square feet and sell for as much as $120 million each, says the LA Business Journal.

The future of this big undeveloped site, on Curbed LA. >>