Found 5 blog entries tagged as Luxury Real Estate.

Where You Can Afford a Luxury Home for Your Valentine

Luxury home markets

Realtor.com’s latest report breaks down the income required to afford a luxury home in every state. By analyzing the top 5% of listings and factoring in a 6.89% mortgage rate with a 20% down payment, researchers determined the minimum salary needed under the 30% income rule. Here’s what it takes to buy in the 10 priciest luxury markets:

State Luxury Price Income
NY $5,488,510 $1,155,540
HI $5,257,761 $1,106,959
WY $4,214,250 $887,260
MA $4,097,500 $862,680
CA $4,045,290 $851,687
CT $3,605,344 $759,062
MT $3,543,333 $746,006
CO $3,337,108 $702,588
RI

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Ultra-Luxury: The Biggest Deals of 2024

The Hitchcock Estate for Sale. 45 Hitchcock Lane, Millbrook, New York

The Hitchcock Estate offered for sale in Millbrook. Asking $95,000,000

The ultraluxury segment of the U.S. housing market had another banner year in 2024, with seven single-family homes selling for $100 million or more — surpassing the five such sales recorded in 2023. While the record of eight $100M+ deals set in 2021 remains unbroken, this year’s activity underscores the remarkable resilience of this exclusive market. Many of 2024’s priciest transactions occurred off-market, highlighting the discretion sought by buyers and sellers at this level.

Here are the top 10 deals of 2024:

  • Malibu, CA - Undisclosed Buyer - $210M

  • Palm Beach, FL - Michael Dorrell - $150M

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Billy Joel’s ‘MiddleSea’ Back on the Market


Billy Joel is once again seeking a buyer for his expansive Long Island estate, putting the property back on the market for $49.9 million following a five-year, multimillion-dollar renovation. Known as "MiddleSea," the 26-acre Centre Island estate boasts four homes and over 2,000 feet of private beach — an exceptional luxury on Long Island's prestigious Gold Coast. Joel acquired the estate in 2002, expanding it from its original 14 acres by adding adjacent parcels and additional waterfront lots for a combined 26 acres. Read More

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Louis C.K. Lists His Restored 1901 Tudor Estate

The six-bedroom, 4.5-bath residence features six “meticulously restored” fireplaces, refurbished plaster, and a renovated kitchen with a butler’s pantry and blue-and-white checkerboard flooring. The heating and central AC systems are new. Highlights include formal living and dining rooms, space for an office, and a screened porch. Out back, there’s a new pool and hot tub. The property comes with a deep-water dock that can fit multiple boats. Read More


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Kenneth Cole Lists his Estate of 37 Years for Sale

Introducing one of New York's most prestigious estates: a rare opportunity to own a historic piece of history elegantly nestled atop 14+ park-like acres in Purchase. This illustrious and stately turn-of-the-century residence, was the setting for the blockbuster film "Goodbye Columbus." For the last 37 years it has been the treasured home of Kenneth Cole and his family. A quiet country manor that's exceptionally private and secure, the estate is a stunning work of art, beautifully situated behind a gated entry at the end of a long, meandering driveway. Read more


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