Life on Israel's most expensive street

Located on the picturesque shoreline of Herzliya Pituah, Galei Tchelet St. is the address of choice for Israel's most affluent individuals; Prominent tech executives, business leaders, and foreign ambassadors call it home; 'The most expensive deal recorded on the street was NIS 230 million,' says real estate expert
Assaf Kamar|
Perched atop a cliff in Herzliya's upscale Pituah neighborhood, mansions line the street, nestled amid verdant greenery. Luxury vehicles adorn the driveways which are as grand as the homes they lead to, and all enjoy a stunning view of the Mediterranean - welcome to Galei Tchelet St.
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"Galei Tchelet is known to be the number one street in Israel," said Ram Gefen, director of the research department at real estate agency Madlan.
4 View gallery
רחוב גלי תכלת הרצליה פיתוח
רחוב גלי תכלת הרצליה פיתוח
Galei Tchelet St.
(Photo: Assaf Kamar)
"There are insane villas here - right on the shoreline. It's where Israel's wealthiest people and important foreign ambassadors reside. The most expensive deal recorded on the street was NIS 230 million ($65 million)."
In the 1960s, the U.S. Embassy made a request to construct the ambassador's residence on Galei Tchelet St. This decision marked a pivotal turning point, solidifying the area's prestige and increasing its allure."
4 View gallery
רחוב גלי תכלת הרצליה פיתוח
רחוב גלי תכלת הרצליה פיתוח
Galei Tchelet St.
(Photo: Assaf Kamar)
Herzliya Pituah boasts a reputation for its affluent residents and extravagant properties, but it's also known for its prime location. The area is home to one of the only streets in central Israel that runs along the beach, without any street or boardwalk in between. This is largely thanks to legislation passed in the early 2000s, which prohibits residential construction within 300 meters of the shoreline.
4 View gallery
רחוב גלי תכלת הרצליה פיתוח
רחוב גלי תכלת הרצליה פיתוח
Galei Tchelet St.
(Photo: Assaf Kamar)
As expected for a city with a thriving hi-tech industry, many of the affluent residents in Herzliya Pituah are executives of large-scale companies and industry professionals. However, these wealthy homeowners tend to keep a low profile and are not fond of media attention or interviews.
"These are new rich people who have purchased land here for construction at a very expensive price," said Gefen. Despite this, the neighborhood continues to expand rapidly, with many new construction sites visible throughout the area.
4 View gallery
רחוב גלי תכלת הרצליה פיתוח
רחוב גלי תכלת הרצליה פיתוח
Galei Tchelet St.
(Photo: Assaf Kamar)
The newly built houses are easily recognizable by their grand architecture and impressive amenities, such as pools, gyms, wine cellars, and even atomic shelters.
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