I walked through Moscow's 'Golden Mile,' one of the city's most expensive neighborhoods, and got a glimpse of what most photos don't show you: It's a mix of the old, the new, and the abandoned
- Moscow's "Golden Mile" is home to some of the city's most expensive real estate.
- The neighborhood spans the area between Ostozhenka Street and the Moscow River in the center of the city.
- Russian government officials, celebrities, and families with "old money" call the area home, according to Olga Novikova of Moscow Sotheby's International Realty.
- Homes cost an average of $2 million in older buildings and $3.5 million in new construction buildings, according to Sotheby's.
- On a recent trip to Russia, I took a walk through the neighborhood and saw some of its high-end real estate - here's what it looked like.
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Moscow's Golden Mile, a residential area between the banks of the Moscow River and Ostozhenka Street, is home to some of the city's priciest real estate.Advertisement
Homes cost an average of $2 million in older buildings and $3.5 million in new construction buildings, according to Moscow Sotheby's International Real Estate, while a set of coveted townhouses start at $22 million.
"But many people still want to live there and the popularity and prestige of this area will remain stable for a very long time," Bocharova said.On a recent trip to Russia, I got a tour of the Golden Mile neighborhood with Olga Novikova of Moscow Sotheby's International Realty. Here's what it looked like.