Two L.A.. Estates Sold for $110 Million Each, Keeping the City at the Top of the Ultra-Luxury Housing Market.
Los Angeles once again ranked among the nation’s most expensive real estate markets in 2025, with two local estates tying for the second-highest home sale price in the country, according to a new report from real estate brokerage Redfin.
The four Los Angeles area properties sold for $110 million, $80 million, and $63.1 million, with the top two trailing only a beachfront compound in Naples, Florida, that claimed the top sale of the year at $133 million. The twin sales reinforced Los Angeles’ continued prominence at the highest tier of the U.S. luxury housing market.
Redfin reported that every home on its list of the 10 most expensive residential sales of 2025 closed for more than $60 million, despite broader market headwinds tied to interest rates and affordability. Florida and California together accounted for eight of the 10 transactions, with Los Angeles playing a central role.
Southern California’s luxury market has long attracted global buyers, and Redfin said demand for high-end properties in Los Angeles remained resilient throughout the year. Typical home values in elite coastal and hillside enclaves across California now exceed $11 million, reflecting sustained wealth concentration and limited inventory.
Only two properties outside Florida and California appeared on the list: an oceanfront estate in Honolulu and a large property in Woodside in the San Francisco Bay Area.
The most expensive home sales of 2025 were:
- 2200 Gordon Drive, Naples, Florida: $133 million
- 594 South Mapleton Drive, Los Angeles: $110 million
- 630 Nimes Road, Los Angeles: $110 million
- 3585 Anchorage Way, Miami: $101.5 million
- 11465 Old Harbour Road, North Palm Beach, Florida: $97.5 million
- 329 Albion Avenue, Woodside, California: $85 million
- 28719 Grayfox Street, Malibu: $80 million
- 88 La Gorce Circle, Miami Beach: $74.3 million
- 4823 Kāhala Avenue, Honolulu: $65.8 million
- 71 Beverly Park, Beverly Hills: $63.1 million
Redfin said luxury homes continued to sell relatively quickly in 2025, even as many would-be buyers and sellers remained cautious. Analysts noted that while broader affordability challenges persist, demand at the top of the market has remained largely insulated.
You can read the full report here.
