The top of the U.S. luxury market has been on a tear.
Last month, a Greenwich, Connecticut, estate sold for $120 million, making it one of the most expensive residential properties ever sold in the U.S.
Then over the weekend, that record was smashed by the sale of a $147 million compound on Further Lane in East Hampton to hedge fund manager Barry Rosenstein.
See how all these recent sales stack up.
11. The penthouse of New York’s (unfinished) One57 skyscraper sold for $90 million.
The penthouse at the top of the under-construction One57 sold in May of 2012, reportedly to a group led by hedge-fund manager Bill Ackman. The still-to-be-completed pad sounds incredible, with almost 11,000 square feet, over two floors and access to the building’s amenities, including a 65-foot pool with Central Park views, a library, theater, and gym.
10. A historic Bel Air estate was scooped up for $94 million.
Way back in 2000, financier Gary Winnick bought this gorgeous 1930s mansion from tycoon David Murdoch for $94 million (around $129 million today). Winnick had previously purchased the estate in 1979 for $12.4 million. The main house is over 28,000 square feet, with seven bedrooms, a 15-car garage, full-sized basketball court, and a putting green.
Though the home is technically off the market, it’s rumored to be quietly for sale for $225 million.
9. Donald Trump’s Palm Beach Estate sold for $95 million.
Russian billionaire Dmitry Rybolovlev scooped up Donald Trump’s Palm Beach estate in 2008. The 69,000-square-foot home has a 50-car garage and 475 feet of oceanfront property. It is rumored that Rybolovlev has plans to level the home and rebuild despite having only entered the property a few times since his purchase.
8. (TIE) A 30,000-square-foot mansion in Los Altos Hills sold for $100 million.
Russian investor Yuri Milner bought this French chateau-style mansion in Silicon Valley in March 2011. The Los Altos Hills mansion has more than 30,000 square feet with a tennis court and outdoor pool. The sellers of the home were Fred Chan, the founder of a tech company, and his wife Annie.
Senior Director, Coldwell Banker New Homes Division
With over 200 condominium, townhome and loft projects successfully marketed
“Fewer properties for sale with such remarkably low interest rates make it a great time to sell but a more difficult time to buy”