Pricey Real Estate
Not so Lazy: Houston street is the 4th most expensive thoroughfare in the nation
With Houston recently named No. 1 for the fastest growing population of multi-millionaires, it probably won't come as surprise that one of the most expensive streets in the nation is located here.
A new ranking from real estate website Zillow found that Lazy Lane, located in the exclusive River Oaks neighborhood, is the No. 4 most expensive street in America. The street, which is less than one mile in length and surrounds tiny Homewood Park, has a median home price of $15.42 million.
Among the well-heeled Houstonians who called Lazy Lane home are Courtney and Christopher Sarofim, Jan Duncan, Mary and Tony Gracely, Terri and John Havens, Ginni and Richard Mithoff, Laura and John Arnold, Mo and Ric Campo, Nancy and Rich Kinder and Barbara and Gerald Hines.
The No. 1 most expensive street in the country — Indian Creek Island Road in the extremely wealthy village of Indian Creek, located just outside of Miami — has a median home price of $21.48 million. Coming in at No. 2 is Beverly Park Circle, located in the elite gated community of Beverly Park in Los Angeles, where the median home price was found to be $16.24 million. The No. 3 most expensive street, Beverly Park Terrace, is located in the same community and has a median home price of $15.81 million.
Five of the 15 most expensive streets in the nation hail from Los Angeles and Malibu, and another four are located in and around Miami.
Zillow ranks the five most expensive streets in Houston:
· Lazy Lane
· Carnarvon in Memorial
· River Oaks Boulevard
· Timberwilde in Tanglewood
· Knollwood in River Oaks