Real Estate

Florida and California Dominate 2025’s Top Luxury Home Sales

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The real estate market may be challenging for many Americans, but high-net-worth buyers are still pouring millions into properties that offer both luxury and lifestyle. From oceanfront estates to celebrity-favorite condos, this year’s most expensive homes sold in the United States show just how far wealth can stretch in the top tier of the housing market.

Redfin, a national real estate brokerage, recently released a midyear roundup of the 10 priciest homes sold between January and July 2025. Unsurprisingly, most of these lavish sales took place in Florida and California, states that continue to attract affluent buyers with their warm climates, tax advantages, and coastal access. Notable transactions also appeared in New York and Hawaii, reflecting the persistent demand for elite real estate in key metro markets.

The most expensive home sold so far this year is at 71 Beverly Park in Beverly Hills. At $63.1 million, the sprawling 30,500-square-foot estate offers a private five-hole golf course, a full-service spa, wine and cigar lounges, and a resort-style pool. Located in the exclusive North Beverly Park area, the property also includes 12 bedrooms, 20 bathrooms, and a separate guest house.

Luxury Living

One of the standout properties is located at 1140 South Ocean Boulevard in Manalapan, Florida, which sold for $55.5 million in May. With a modern design and 150 feet of direct waterfront access, the estate includes a 19,000-square-foot main residence and a 4,000-square-foot guest house. Amenities include two pools, a pickleball court, a private dock, and an eight-car garage. Broker Margit Brandt of Premier Estate Properties handled the sale.

In Los Angeles, a meticulously preserved Spanish-style villa at 9391 North Carolwood Drive changed hands for $57.3 million. Originally built in the 1920s, the 15,305-square-foot home sits on nearly four acres of lush, private landscaping that resembles a curated garden. The villa includes 10 bedrooms and 13 bathrooms and was represented by Benjamin Bacal of Revel Real Estate.

Over in New York City, a luxury condo at 150 Charles Street, Unit 9A sold for a record-breaking $60 million in March. The 5,840-square-foot unit became the most expensive condo sale in downtown Manhattan. Owned by financier Harsh Padia and designer Purvi Padia, the off-market transaction was handled by Peter Zaitzeff of Serhant Real Estate. The unit offers five bedrooms, five and a half baths, outdoor terraces, and access to high-end building amenities like a sauna and yoga studio.

In Miami Beach, a waterfront mansion at 66 La Gorce Circle sold for $60 million in another record-setting deal. The home spans 9,640 square feet and features a grand 24-foot entry, six bedroom suites, staff quarters, and 10 bathrooms. A private fitness studio, complete with a terrace, steam room, and infrared sauna, adds to the spa-like appeal. Broker Jordan Karp closed the transaction.

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