Property News: Three Estate-Sized Parcels Arrive In Southern California’s Hottest Markets

Source: Forbes — 

As home buyers continue to show an appetite for new construction in markets all across California, large plots of land capable of developing luxury estates in cities like Los Angeles, Santa Barbara and La Jolla have perhaps never been more valuable.

Although rare, such sites occasionally hit the market, giving moguls and other deep-pocketed buyers the chance to make their California dream compound a reality.