Coldwater Canyon is a neighborhood that starts in Beverly Hills proper however most of the homes reside in BHPO. The homes at the base of the canyon also have wider flatter lots. Coldwater Canyon homes range from small hidden bungalows to mansions with upwards of 15,000 square feet.

At Coldwater and Beverly Drive is the Coldwater Canyon Reservoir Park. It was considered very unique as it was built over an 8,000,000 gallon reservoir. The park provides a beautifully landscaped green space, a synthetic jogging track, seating areas with shade trellises, a fountain, and the Woods Davy "Stillwater" art sculpture.

Today, the park acreage has expanded to just over 5.5  acres and includes the west side of Coldwater Canyon where you'll find a wide span of green space, a water stream, Gwynn Murrill’s "Cougar III"  bronze sculpture and a children's playground for 2-5 year olds and a 5-12 year old play area. Picnic areas may be reserved for use year-round by coming in-person to Beverly Hills City Hall.