Beverly Hills Property is the Biggest U.S. Home Sale at $47.5 Million
Beverly Hills claimed the nation’s top residential deal in August when an estate once owned by developer and 2022 mayoral candidate Rick Caruso sold for $47.5 million, according to a new report from Redfin. A newly built mansion in Greenwich, Connecticut, followed at $43.5 million, underscoring continued demand for ultra-luxury properties.
Florida accounted for four of the 10 most expensive sales, with the remaining transactions spread across California, Connecticut, Hawaii, Illinois, Nevada, and New York. The two highest sales topped $40 million, and each property in the top 10 closed above $25 million. Redfin noted that coastal Florida continues to attract wealthy buyers despite rising climate risks and insurance costs, as high-net-worth purchasers often have the resources to rebuild or absorb losses.
Most expensive U.S. home sales in August
- 912 Benedict Canyon Dr., Beverly Hills, CA — $47.5M
- 214 Clapboard Ridge Rd., Greenwich, CT — $43.5M
- 1013 Lakeshore Blvd., Incline Village, NV — $37.5M
- 43 Star Island Dr., Miami Beach, FL — $36M (former Rosie O’Donnell property)
- 33 Arvida Pkwy, Coral Gables, FL — $34M
- 109 E. 79th St., Unit 16, New York, NY — $33M
- 68 La Gorce Cir., Miami Beach, FL — $32.7M
- 419 Sheridan Rd., Winnetka, IL — $31.3M
- 1200 S. Ocean Blvd., Manalapan, FL — $28M
- 5-8192 Kuhio Hwy, Hanalei, HI — $27.6M (once owned by Julia Roberts)
Year-to-date leaders (2025)
None of August’s transactions cracked the year’s top tier. The highest sale so far is a $133 million beachfront compound in Naples, Florida, closed in April. Other blockbuster deals include two $110 million Los Angeles sales on South Mapleton Drive (July) and Nimes Road (May), an $80 million Malibu transaction (July), and multiple Miami Beach closings above $60 million.
For Redfin’s complete rankings and methodology, see the full 2025 report.
