What $25 Million Looks Like in Five Cities
When the pandemic first began, there was some question about the impact it would have on the luxury real estate market. Several months later, we know that this time has made buyers more attuned to where—and how—they want to live. It’s clarified what they want out of their home, and inspired them to go get it.
Luxury properties are moving so fast that, and we’ve had to be increasingly flexible about our price points, broadening the range for the monthly blog. We’ve also had to be nimble enough to replace properties that sell so quickly we don’t have time to feature them. (This month, we had to replace two.)
Fortunately, the stand-ins this month more than stand on their own. If the one you can’t live without is still available by the time you get ready to see it, consider yourself lucky.
From Cape Cod to Coeur d’Alene, we’ve got five new must-have homes priced from about $25 million to $27.5 million.
87 Beach Rd
9 Baths and 2 partials
12,000 Square feet
Incredible space, indelible privacy, incomparable setting—that’s what you’ll find in this Cape Cod traditional. This compound includes a guesthouse and an artist’s studio, as well as the expansive main home, featuring a family room with wet bar, chef’s kitchen, theater, bowling alley, game room, gym, and sauna.
Enjoy time with your family buffered by 10 acres of verdant lawns, trails, orchards and gardens, and stables, in addition to a tennis court, sand volleyball court, basketball hoop, heated pool and spa, pool house, and a state-of-the-art outdoor kitchen. When you’re ready to explore what Travel Magazine has called one of the best seaside towns in the country, you’ll love being within a short stroll of Nauset Beach and two miles from town.
This property is listed for $25,000,000 by Ricardo Rodriquez of Coldwell Banker New Construction Division Boston.
1012 N Hillcrest Road
Beverly Hills, CA
6 Baths and 2 partials
8,417 Square feet
Hunker down in one of southern California’s prime enclaves, with ample living space, seamless indoor-outdoor living with disappearing expanses of glass, and the kind of sexy architectural details and finishes that make Beverly Hills buyers swoon. The dramatic floating entrance with water features and a pivoting front door set the tone for this gated, lower Trousdale warm modern.
Beyond, you’ll find a state-of-the-art Bulthaup kitchen and a full catering kitchen; a glass-enclosed, temperate-controlled wine display; gallery walls to showcase your masterpieces; a master bath with bookmatched Calacatta slabs and a walk-in closet that could double as a posh boutique; and a covered outdoor living room with a zero-edge infinity pool on a .77-acre lot, all with a backdrop of sparkling city views.
This property is listed for $26,995,000 by Jade Mills of Coldwell Banker Realty in Beverly Hills.
Coeur d’Alene, ID
4 Baths and 1 partial
8,731 Square feet
We all have our own idea of what the idyllic retreat looks like, but some things are universal. Case in point: This estate on Lake Coeur D’Alene with 738 feet of frontage.
Descend to this Pacific Northwest playground for lake living at its most magnificent. Impossibly scenic and serene views. A grand expanse inside and out. And a wide array of architectural details including plaster walls; knotty alder doors, moldings, cabinets and casework; historic oak floors; wood ceilings; copper wall paneling; and a walk-through stone fireplace that make the interior as alluring as the setting. Outside, the turreted living room and kitchen with pizza oven are highlights of the 30 acres of wooded privacy. This estate also features a guest house and a shop with caretaker’s quarters.
This property is listed for $27,000,000 by Greg Rowley of Coldwell Banker Schneidmiller Realty in Couer d’Alene, ID.
28 Little Cloud Trail
7 Baths and 2 partials
9,393 Square feet
The Aspen market continues its hot streak, with strong demand and limited inventory. With properties like this new construction estate set at the end of a private, gated drive at the base of Aspen Mountain, it’s not hard to see the appeal. Mountain living gets a fresh, modern perspective with clean lines and walls of glass oriented out to Red Mountain, Smuggler, Hunter Creek, Aspen, and Independence Pass.
Gather in front of the living room’s majestic fireplace surrounded by the glory of nature. Dine, snooze, prepare a meal, or even bathe with a serene view. The vistas extend throughout this remarkable property, and so does the grandeur. This estate also features a two-story media room with bar, fitness room, guest quarters with a kitchenette, an architecturally distinct floating staircase, an elevator, and an array of custom finishes.
This property is listed for $27,500,000 by Carrie Wells of Coldwell Banker Coldwell Banker Mason Morse Real Estate in Aspen.
1 Star Island Dr.
Miami Beach, FL
8 Baths and 2 partials
7,988 Square feet
Exclusive and private Star Island has a long history as a celebrity haunt and was most recently in the news as the chosen neighborhood of Jennifer Lopez and Alex Rodriguez. You can’t buy their waterfront estate, but you can buy this one just down the street.
Located on a 1.34-acre lot with 240 feet of waterfront, this property looks out onto Biscayne Bay and the downtown Miami skyline, framed by tropical foliage and towering palms. The gated, Floridian-style villa features open verandas, arched doorways, gracious gathering spaces, and a private three-bedroom guest house, with a resort-style pool and spa and a private dock rounding out the grounds.
This property is listed for $27,900,000 by Jill Eber and Jill Hertzberg of Coldwell Banker Realty in Miami Beach.
Need help finding your dream home? We can help. Email Hugh Smith at email@example.com