Real Estate

4 to Watch: ‘The Mountain' of Beverly Hills is Still on the Market

Views stretch 360 degrees, including Catalina Island, and the closest neighbor is half a mile away

A 157-acre parcel of land high above Los Angeles has a price tag of $1 billion. Aerial video shows the property Monday July 30, 2018.

It was originally listed for $1 billion when it went on the market last summer. Now, there's a drop in the asking price for an eye-popping piece of property called "The Mountain."

It's one of four stories we're featuring today on NBCLA.com.

Price Drop: Once Listed for $1B, the Mountaintop is Still for Sale

Originally listed last year for $1 billion, there's a sprawling 157-acre mountaintop property that's still for sale high above LA. The Mountain of Beverly Hills has stunning 360-degree views and a price tag that's actually dropped.

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A view of a sprawling 157-acre property in Beverly Hill on Monday July 30, 2018.
James Ham
This mountaintop property in Beverly Hills offers 360-degree views of Southern California.
Matthew Momberger
"The Mountain" features vast expanses of grass and undeveloped parcels, perfect for anyone with the mind-boggling resources required to develop the property.
Matthew Momberger
The property dubbed "The Mountain" has changed hands since the 1970s, when it was purchased by the sister of the shah of Iran and eventually bought by talk show host and producer Merv Griffin.

The Heart of Hollywood, a Day After Oscars Night

The 2019 Oscars red carpet is rolled up in a heap and piled onto a forklift, hauled off with bleachers, signs and other items that were part of last night's glitz and glamour. See how the heart of Hollywood looks the day after Oscars night.

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Get Los Angeles's latest local news on crime, entertainment, weather, schools, COVID, cost of living and more. Here's your go-to source for today's LA news.

Utah couple accidentally ships pet cat to Riverside-based Amazon facility

Car slams into Leimert Park home in deadly crash

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A look at Hollywood Boulevard on the morning after Oscars night 2019.
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The red carpet is piled onto a forklift Monday Feb. 25, 2019.
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A road closure remains in effect on Hollywood Boulevard Monday Feb. 25, 2019.
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A truck hauls of Oscar items Monday Feb. 25, 2019.
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Crews tear down Oscar night signs and structures Monday Feb. 25, 2019.
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A look at the site of the Oscars on the morning after the Academy Awards ceremony.
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The Oscars red carpet is rolled up Monday Feb. 25, 2019.
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The Oscars red carpet is rolled up Monday Feb. 25, 2019.
Toni Guinyard/KNBC-TV
A no turn sign is pictured Monday Feb. 25, 2019.
Toni Guinyard/KNBC-TV
Crews are picture Monday Feb. 25, 2019, the night after the Academy Awards in Hollywood.
Toni Guinyard/KNBC-TV
Toni Guinyard/KNBC-TV
A view of Hollywood Boulevard Monday Feb. 25, 2019, the day after the Academy Awards ceremony.
Toni Guinyard/KNBC-TV
A view of Hollywood Boulevard Monday Feb. 25, 2019, the day after the Academy Awards ceremony.
Toni Guinyard/KNBC-TV
A view of Hollywood Boulevard Monday Feb. 25, 2019, the day after the Academy Awards ceremony.
Toni Guinyard/KNBC-TV
A view of Hollywood Boulevard Monday Feb. 25, 2019, the day after the Academy Awards ceremony.

Landfill Search in Disappearance of Baby Boy

A Riverside County landfill is being searched in connection with the disappearance of a 6-month-old boy. Jacsun Manson was reported missing earlier this month. Now, an arrest warrant for murder has been issued for his parents. Click here for updates.

What's Going on This Week in LA

The first week of March is almost here. That's First Fridays time at the Natural History Museum. See what else is happening this week in LA.

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