logo
Saunas, pickleball courts, and private golf courses: See inside 5 of the most expensive homes sold this year

Saunas, pickleball courts, and private golf courses: See inside 5 of the most expensive homes sold this year

Redfin released its ranking of the 10 priciest home sales of 2025 to date.
The most expensive home sales this year are mainly located in California and Florida.
BI spotlighted five homes with luxury amenities like grotto-style pools and private golf courses.
Affluent homebuyers are increasingly seeking homes with amenities that promote health and well-being, like pickleball courts, spa-like bathrooms, and resort-style pools. They're also drawn to turnkey homes where minimal renovations are needed — and they're prepared to pay top dollar to get exactly what they want.
In July, Redfin released a list of the 10 most expensive homes sold in the US between January and July 2025. According to the company, this year's priciest home sales were split primarily between California and Florida, with two additional sales in New York and Hawaii.
Here are five homes featured on Redfin's list, ranging from a Spanish villa in Los Angeles to an luxury condo in New York.
Business Insider has also included the median home sale price for each city as of June, sourced from Redfin.
1140 S. Ocean Blvd., Manalapan, FL 33462
Sold for: $55.5 million in May
Median sale price Manalapan ZIP code 33462: $408,000
This newly built home is among the most expensive properties ever sold in Manalapan. Margit Brandt of Premier Estate Properties brokered the deal.
With its sleek, modern exterior, the waterfront estate resembles a contemporary art museum more than a traditional residence.
The property, which sits on 1.6 acres, offers 150 feet of waterfront access. It includes a 19,000-square-foot main house with nine bedrooms and a 4,000-square-foot guest house with four additional bedrooms.
Amenities include a private dock, two pools with spas, a pickleball court, and an 8-car garage.
9391 N. Carolwood Dr., Los Angeles, CA 90077
Sold for: $57.3 million in May
Median sale price in Los Angeles: $1,125,000
Originally built in the 1920s and expanded over time, this Spanish villa has been carefully preserved to maintain its original design.
It spans 15,305 square feet, has 10 bedrooms and 13 bathrooms, and sits on a 3.84 acre lot.
The property is surrounded by lush greenery, with vines along the exterior walls, while the grounds are lush with bushes, shrubs, and trees, resembling a botanical garden.
150 Charles St., Unit 9A, New York, NY 10014
Sold for: $60 million in March
Median sale price in New York City: $880,000
This luxury condo is located in a favorite building for celebrities, one that stars like Bon Jovi and Ben Stiller have called home.
Financier Harsh Padia and his wife, interior designer Purvi Padia, paid $29.1 million for the condo in 2016. The Wall Street Journal reported that they sold it in March through an off-market deal.
The 5,840-square-foot unit sold for $60 million, making it the most expensive condo ever sold in downtown Manhattan.
It has five bedrooms, five and a half bathrooms, and several outdoor terraces. Residents also enjoy access to the building's fitness center, yoga studio, and sauna.
66 La Gorce Cir., Miami Beach, FL 33141
Median sale price in Miami Beach: $570,000
This waterfront mansion is located on the exclusive, guard-gated La Gorce Island, where celebrities like Cher and Dwayne Wade have owned homes.
The home's $6,224 price per square foot set a record high for single-family homes in Miami Beach, according to South Florida real estate website Profile Miami.
Spanning 9,640 square feet, it has a dramatic 24-foot foyer and a private elevator. Inside, you'll find six bedroom suites, two additional staff bedrooms, and 10 bathrooms. The home also includes a dedicated office and a spacious family lounge.
A standout amenity is the private fitness studio, complete with its own terrace, steam room, infrared sauna, and a Salvatore stone bath.
71 Beverly Park, Beverly Hills, CA 90210
Median sale price in Beverly Hills: $2,950,000
Located in North Beverly Park in Beverly Hills, the home at 71 Beverly is as luxurious as it is grand.
The 30,500-square-foot mansion sits on a 6.2 acre lot and has 12 bedrooms, 20 bathrooms, and a guest house.
Homeowners won't have to go far for entertainment.
Along with a state-of-the-art home theater, the property has a wine and cigar cellar, a dedicated tasting and smoking lounge, a tennis court, a five-hole private golf course complete with its own driving range, and a resort-style grotto pool.
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Zak Jason named Executive Editor of Discourse
Zak Jason named Executive Editor of Discourse

Business Insider

time2 hours ago

  • Business Insider

Zak Jason named Executive Editor of Discourse

I'm thrilled to announce that Zak Jason is Executive Editor of Discourse. Zak is one of our most gifted editors — a creative idea generator, sharp conceptualizer, and surgical wordsmith. His talents are regularly on display on a wide range of Business Insider stories, from Amanda Hoover's standout pieces to numerous features, including Ashley Stewart's Copilot story and a memorable exploration of what Zak coined the "most rejected generation." Zak has helped us lead in major news moments. When the UnitedHealthcare CEO was killed, Zak conceived of and edited two strong quick-turn features on the social-media reaction. On the recent controversy surrounding Shaun Maguire, he collaborated with Melia Russell on a terrific Silicon Valley analysis and shaped a fascinating profile of the financier. You might recall Zak wrote about his own drama with income taxes, a dread-filled read that expanded his personal experience into a reported feature with broad takeaways. Zak joined Business Insider two years ago from Wired, where he had been a features editor and also served as director of standards. His facility with standards will be a great asset at Discourse, where we pursue some of our most ambitious journalism. Before Wired, Zak traveled broadly as a writer for Boston College Magazine and for many years freelanced for numerous publications, including The New York Times Magazine, the Boston Globe Magazine, Slate, and NPR. Zak will work closely with Bob Bryan and Edith Honan, both also exceptional editors, and the current crackerjack Discourse reporters. We will also be expanding opportunities to make Discourse a place where journalists throughout our newsroom will produce some of their most impactful, insightful, revealing work. Zak tells me he is committed to making Discourse the "greatest, can't-miss party in journalism," and I know it's going to happen.

The New Retirement Problem Boomers Are Facing
The New Retirement Problem Boomers Are Facing

Yahoo

time4 hours ago

  • Yahoo

The New Retirement Problem Boomers Are Facing

Baby boomer homeowners are sitting on a ton of equity right now. According to the Federal Reserve, they hold $17.3 trillion in home equity, roughly 50% of the country's total equity. This is in large part due to so many of them — 83% of homeowners with a fixed-rate mortgage — having let their property build equity over time. Learn More: Read Next: Unfortunately, many boomers are facing a new problem, and that's the current U.S. housing market. As of quarter two of 2025, the average home sold for over $512,000. According to a 2022 Redfin report, nearly 30% of all 'large homes' (those with at least three bedrooms) belong to empty-nest boomers. Between high housing prices and a lack of smaller, more accessible homes to downsize to, many boomers are aging in place. For those who might have wanted to move to a more manageable home or somewhere less expensive altogether — a common drive for retirees on fixed incomes — it's just not feasible. So, how can boomers manage this new retirement problem? How can this generation find affordable housing, and what should they consider when making the plunge? Here are a few things boomers should keep in mind when looking for affordable housing. Finding Affordable Housing Is Tough It's no secret that finding affordable housing is a serious problem, and not just for boomers. 'Finding affordable housing is very daunting right now — many real estate markets are still running hot. While inflation has cooled, prices are still high. Property taxes in many states are increasing and the cost of insurance is also on the rise,' said Christine Coley, certified financial planner and wealth advisor at SteelPeak Wealth. 'A lot of people, of all ages, are seeing drastic increases in the mortgage payment due to increases in property tax and the cost of insurance,' Coley continued. 'Homes they could comfortably afford are now moving out of reach with these increased costs. In areas where real estate has surged, people who own their home or are still making payments are having trouble keeping up with the increase to taxes and insurance.' For fixed-income boomers who've paid off their mortgage, property taxes and insurance are serious financial concerns. The average cost of property taxes is $1,815, while typical homeowners' insurance runs about $1,754 a year. Larger, more expensive homes tend to have higher taxes and premiums. Find Out: Consider Taxation Affordable housing is still out there. It just might be harder to find. Boomers who are considering making the move from their current house to a smaller or more manageable one, or even to a different state, should start by asking themselves a few questions. 'Things to consider when looking for a home or possibly a new state to move to as every state's laws vary widely when it comes to taxes for retirees,' said Coley. 'Does your state have [a] personal state income tax? Is there property tax relief for retirees, or disabled veterans? Does this state tax your Social Security benefits?' Also, find out how the state taxes retirement income. It can vary based on the type of income, but taxation can cut into any retiree's household budget, so knowing at least the basics is essential. 'Some states are much more tax-friendly to retirees,' said Coley. 'For example, Florida, Nevada and Wyoming often make the list for being tax-friendly in retirement. A good advisor or CPA can assist with these decisions.' Consider Home Sizes and Accessibility Although some boomer retirees are on the fence about keeping their larger home or even moving into a bigger one, Coley suggested going with a smaller house for several reasons. 'First, your children and grandchildren don't care how big your house is. They will still come to visit, and you will find a way to make it work. Family can stay in a hotel, or you can all rent a larger place for the holidays, which is a one-time [expense] versus an ongoing larger commitment to a home that is too big,' she said. 'Second, a larger house isn't just more expensive to buy, insure and pay taxes on — it's a lot of work to maintain,' she continued. 'Even just weekly cleaning can be daunting and any home with stairs can be difficult to navigate as you age.' Factor Inflation Into the Equation Inflation is also a very real issue that needs to be factored in. After all, it can significantly impact retirees' incomes. 'While inflation has gone down, keep in mind that this means prices aren't growing as fast. It does not mean prices are going down,' said Coley. 'It's important to work with a planner and create a housing budget that factors in inflation rates for all your expenses over time.' More From GOBankingRates Mark Cuban Warns of 'Red Rural Recession' -- 4 States That Could Get Hit Hard 8 Common Mistakes Retirees Make With Their Social Security Checks 10 Genius Things Warren Buffett Says To Do With Your Money This article originally appeared on The New Retirement Problem Boomers Are Facing Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data

The 5 cities where home prices are dropping fast as the housing freeze causes inventory to pile up
The 5 cities where home prices are dropping fast as the housing freeze causes inventory to pile up

Yahoo

time5 hours ago

  • Yahoo

The 5 cities where home prices are dropping fast as the housing freeze causes inventory to pile up

Home prices are dropping in a handful of major US cities, creating opportunities for buyers. A stuck housing market is causing inventory to pile up, putting pressure on prices. Home prices are elevated nationally, but these five markets are seeing declines. The housing market is still frozen over. While that hasn't translated into meaningful price declines nationally, there are a handful of areas where things look better for home buyers. Shop Top Mortgage Rates Personalized rates in minutes A quicker path to financial freedom Your Path to Homeownership Redfin said the median sales price for a home dropped in 14 of the 50 most populous US metro areas in the last month. That's largely due to the uncertainty hanging over the US economy, which is causing inventory to pile up in the market, Redfin said in its report. "Sellers need to start coming to terms with two things: One, homes are more often going to sit on the market for longer than a week or two before they sell, and two, buyers are gaining the upper hand," James Gulden, a Redfin agent based in Boston, said in a statement. The median home prices notched an all-time high in June, touching $435,300, but some areas cooled in July. Here are the top five cities that saw the steepest drop in median home sales prices in the four weeks leading up to July 27, according to Redfin. 1. Oakland, California Median sale price: $850,000 (June 2025) YoY% drop in four-week period: -6.8% 2. West Palm Beach, Florida Median sale price: $425,000 (June 2025) YoY% drop in four-week period: -4.9% 3. Jacksonville, Florida Median sale price: $300,990 (June 2025) YoY% drop in four-week period: -3.1% 4. Austin, Texas Median sale price: $556,340 (June 2025) YoY% drop in four-week period: -2.9% 5. Houston, Texas Median sale price: $369,000 (June 2025) YoY% drop in four-week period: -2.8% Read the original article on Business Insider Sign in to access your portfolio

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store