In a fiercely competitive market for ultra-luxury properties, a select few achieved astronomical sale prices, setting new benchmarks and showcasing the pinnacle of residential opulence.
Each a masterpiece in its own right, some of the homes commanded record-breaking prices, showcasing the extraordinary wealth of their new owners.
According to real estate brokerage Redfin, the median home sale price for the four weeks ending Dec. 22 reached $383,725, but some properties achieved significantly higher sales.
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Redfin identified several homes with record-breaking sales prices. Some reports indicate several off-market transactions reached into the eight-figure and even nine-figure ranges during 2024.
Redfin highlighted the following properties as having the five highest sale prices last year:
Carpinteria, California: $96 million
According to Redfin, a 9,000-square-foot mansion built in 2007, inspired by Tuscan farmhouse architecture, sold for $96 million.
The estate has five bedrooms and multiple bathrooms. It sits on a 10-acre lot with waterfront frontage and photos reveal a large pool in the backyard.
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Aspen, Colorado: $77 million
The Ranch at Owl Creek, a sprawling 60-acre estate in Aspen, Colorado, sold for $77 million in April. Described in its listing as a "mountain oasis," the property offers convenient access to popular ski resorts like Snowmass and Buttermilk.
The luxurious retreat boasts a range of impressive amenities, including a heated swimming pool, two hot tubs, a stocked trout pond, a workout pavilion, a movie theater and a well-stocked wine cellar.
The main residence has eight bedrooms, including a lavish master suite, eight full bathrooms and three half-baths. Six fireplaces provide warmth and ambiance throughout the estate.
Miami Beach, Florida: $72.25 million
A 12,500-square-foot modern home on the shores of Biscayne Bay in Miami Beach sold for $72.25 million. The residence has nine bedrooms, providing ample space for a large family or frequent guests.
According to the listing, the home features a range of desirable amenities, including dedicated maid/in-law quarters, a wet bar and a versatile den/library/office space. The property sits on a 0.58-acre waterfront lot, offering views and direct access to the bay.
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Aspen, Colorado: $66.5 million
Aspen saw another significant real estate transaction in 2024, with a five-bedroom home selling for $66.5 million in late April.
Public records reveal that a limited liability company acquired the property, which occupies a 9,000-square-foot lot in downtown Aspen.
The recent sale marks a significant increase from the property's previous transaction in 2022, when it sold for $20.5 million.
Carpinteria, California: $65 million
In mid-November, a $65 million mansion in Carpinteria was acquired. The estate encompasses three oceanfront parcels on a bluff totaling about 12 acres.
The main residence offers 10,900 square feet of living space, including five bedrooms and nine bathrooms.
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The property description emphasizes a unique opportunity for the new owner to develop the remaining parcels, creating an exceptional beachfront legacy retreat. Amenities include direct access to Loon Point Beach and 24/7 guarded security.
Carpinteria, about 11 miles east of Santa Barbara, is known for its stunning coastal scenery and relaxed lifestyle.
Other Pricey Properties
According to Redfin, several other properties also commanded eight-figure prices in 2024. These include a $62.8 million sale in Los Angeles, a $62.5 million sale in Miami Beach and a $62 million sale near Reno, Nevada.
The record for the most expensive residential sale in the United States belongs to a New York City residence purchased in 2019 for $238 million.
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