Ultra-Luxury: The Biggest Deals of 2024
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:
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Malibu, CA - Undisclosed Buyer - $210M
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Palm Beach, FL - Michael Dorrell - $150M
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Palm Beach, FL - Daren Metropoulos - $148M
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New York, NY - Vladislov Doronin - $135M
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New York, NY - Undisclosed Buyer - $117M
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Los Angeles, CA - Undisclosed Buyer - $112M
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Aspen, CO - Steve Wynn & Thomas Peterffy - $108M
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Carpinteria, CA - Robert Friedland - $96M
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Malibu, CA - Laurene Powell Jobs - $94M
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Miami, FL - Jeff Bezos - $87M
Ralph’s Take
The ultraluxury market continues to be a beacon of stability, with demand driven by exclusivity, location, and unique features. For sellers, it’s a reminder that positioning and privacy can drive premium prices. For buyers, it’s about securing rare opportunities with significant long-term value.
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