Rolling Hills, California is known for its natural beauty, tranquility and large secluded properties that offer a high level of privacy to residents. Here are some advantages and disadvantages of purchasing real estate in Rolling Hills:

Advantages:
1. Privacy and security: Rolling Hills is a gated community with private security, ensuring a high level of safety and privacy for residents.
2. Natural beauty: Rolling Hills is surrounded by scenic hills, lush greenery, and ocean views, which make it an ideal place for nature lovers who value a peaceful lifestyle.
3. Spacious properties: Properties in Rolling Hills tend to have larger lot sizes than those in other areas, offering residents plenty of space and room to breathe.
4. Quality of life: The peaceful surroundings, fresh air, and abundance of open space provide a high quality of life that can't be found in urban centers.

Disadvantages:
1. High cost: The exclusivity of Rolling Hills comes at a price. Real estate can be expensive, and the cost of living in the area can be relatively high.
2. Limited amenities: Rolling Hills is a largely residential area with limited commercial development, so residents may need to travel elsewhere for shopping, dining, and entertainment.
3. Remote location: Rolling Hills is located far from major cities and cultural centers, which may not be suitable for those who enjoy an urban lifestyle.
4. Exacting standards: The community has strict architectural guidelines, meaning that any changes to a home may require prior approval. This can be viewed by some as limiting.

These are some of the benefits and drawbacks of living in Rolling Hills, California. It all comes down to personal preference and what you're looking for in a home and community.