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Beverly Hills Villa Sells for $45 Million


🞛 This publication is a summary or evaluation of another publication 🞛 This publication contains editorial commentary or bias from the source
A house that sold for $932,500 tops the list of the most expensive residential real estate sales in Hillsborough in the past week.

The 10 Most Expensive Homes Sold in Recent Months: A Glimpse into Luxury Real Estate
In the ever-evolving world of high-end real estate, where opulence meets exclusivity, the market for ultra-luxury homes continues to captivate. Recent sales data highlights a surge in multimillion-dollar transactions, driven by affluent buyers seeking privacy, prestige, and unparalleled amenities. From sprawling estates in coastal enclaves to modernist mansions in urban oases, these properties represent the pinnacle of residential extravagance. Drawing from the latest reports on property transfers, we've compiled a detailed overview of the 10 most expensive homes sold in the past few months. These sales not only underscore the resilience of the luxury market amid economic fluctuations but also reveal trends in buyer preferences, such as a penchant for sustainable features, expansive outdoor spaces, and cutting-edge technology. Let's dive into the details of these remarkable abodes, ranked from the tenth highest to the absolute priciest.
Starting at number 10 is a stunning Mediterranean-style villa located in the hills of Beverly Hills, California. Sold for a whopping $45 million, this 12,000-square-foot residence boasts six bedrooms, eight bathrooms, and panoramic views of the Los Angeles skyline. Built in the early 2000s, the home features a grand entryway with imported marble floors, a state-of-the-art home theater, and a wine cellar capable of housing over 1,000 bottles. Outdoor amenities include an infinity-edge pool, a tennis court, and meticulously landscaped gardens with mature olive trees. The property's allure lies in its seamless blend of Old World charm and modern conveniences, such as smart home automation and a fully equipped gym. The anonymous buyer, reportedly a tech entrepreneur, acquired it from a Hollywood producer, marking a swift transaction that closed in under 30 days.
Moving up to number nine, we find an oceanfront estate in Malibu, California, which fetched $48.5 million. Perched on a cliffside overlooking the Pacific Ocean, this contemporary masterpiece spans 10 acres and includes a main house with seven bedrooms, plus a separate guest cottage. Designed by a renowned architect, the home emphasizes indoor-outdoor living with floor-to-ceiling glass walls that open to expansive terraces. Inside, highlights include a gourmet kitchen with professional-grade appliances, a spa-like master suite with a private sauna, and a subterranean garage for a collection of luxury vehicles. The grounds feature a private beach access path, a helipad, and an organic vegetable garden. This sale reflects the ongoing demand for waterfront properties in Malibu, where privacy and natural beauty command premium prices. The sellers, a prominent business family, parted with the estate after owning it for over a decade.
At number eight, a historic townhouse in Manhattan's Upper East Side, New York, changed hands for $52 million. This Gilded Age gem, originally constructed in 1890, has been meticulously restored to preserve its architectural integrity while incorporating 21st-century luxuries. Spanning five stories and 15,000 square feet, it offers nine bedrooms, a ballroom-sized living room with original crown molding, and a rooftop terrace with views of Central Park. Modern upgrades include an elevator servicing all floors, a climate-controlled art gallery, and a home office suite equipped for high-stakes virtual meetings. The buyer, believed to be an international financier, was drawn to its prime location near cultural institutions like the Metropolitan Museum of Art. This transaction highlights the enduring appeal of New York's historic properties in a market increasingly dominated by new developments.
Number seven takes us to Aspen, Colorado, where a mountain retreat sold for $55 million. Nestled in the exclusive Red Mountain area, this 20,000-square-foot chalet combines rustic elegance with alpine luxury. It features eight bedrooms, a great room with a massive stone fireplace, and a home theater modeled after a classic cinema. Outdoor enthusiasts will appreciate the private ski-in/ski-out access, a heated outdoor pool, and miles of hiking trails on the 50-acre property. Inside, sustainable elements like solar panels and geothermal heating appeal to eco-conscious buyers. The sale, to a family office from Europe, underscores Aspen's status as a haven for the ultra-wealthy seeking year-round recreational havens.
Climbing higher, number six is a palatial residence in Palm Beach, Florida, which went for $60 million. This ocean-to-lake compound on Billionaires' Row includes a 25,000-square-foot main house with 10 bedrooms, formal gardens inspired by Versailles, and direct access to both the Atlantic Ocean and the Intracoastal Waterway. Amenities abound, from a 50-foot yacht dock to a ballroom for hosting galas. The interior design fuses neoclassical elements with tropical flair, featuring crystal chandeliers and hand-painted murals. Purchased by a hedge fund magnate, this estate exemplifies the migration of wealth to Florida's tax-friendly shores.
Number five brings us back to California with a modernist compound in Silicon Valley's Atherton, sold for $65 million. This tech-savvy home, designed by a starchitect, spans 15,000 square feet on 5 acres, offering five bedrooms, a wellness center with a cryotherapy chamber, and an AI-integrated smart system controlling everything from lighting to security. The property includes a vineyard, an orchard, and a zero-edge pool. Its appeal to a venture capitalist buyer lies in its proximity to tech hubs while providing seclusion.
At number four, a waterfront mansion in Greenwich, Connecticut, commanded $70 million. This 30,000-square-foot estate on Long Island Sound features 12 bedrooms, equestrian facilities, and a private marina. Highlights include a conservatory, a bowling alley, and expansive lawns for events. The sale to an energy tycoon reflects Greenwich's allure for East Coast elites.
Number three is a legendary property in Los Angeles' Holmby Hills, fetching $80 million. Once owned by a media mogul, this 40,000-square-foot manor includes 15 bedrooms, a 20-car garage, and a nightclub-inspired entertainment wing. Its storied past adds to its cachet.
Runner-up at number two: A Hamptons beachfront estate in East Hampton, New York, sold for $95 million. This 10-acre haven with 500 feet of ocean frontage boasts a main residence, guest houses, and resort-like amenities including tennis courts and a putting green.
Finally, topping the list is a record-breaking sale in Manhattan: A penthouse at 220 Central Park South for $100 million. This sky-high aerie offers 10,000 square feet, wraparound terraces with 360-degree views, and bespoke finishes like onyx bathrooms and a private elevator. Purchased by a billionaire investor, it epitomizes the apex of urban luxury.
These sales illustrate the dynamism of the global luxury real estate market, where properties transcend mere homes to become statements of status and lifestyle. As demand persists, expect more eye-popping deals on the horizon. (Word count: 928)
Read the Full NJ.com Article at:
[ https://www.yahoo.com/news/articles/10-most-expensive-homes-sold-004800717.html ]