Estee Lauder. OKO group. Googling.
These are just a few of the companies appearing on the resumes of this year’s leading real estate consumers.
The caliber of the names matches the staggering prices luxury shoppers paid – or picked up from a sale – this year as luxury homes pushed prices beyond their 2024 limits and ultimately into the stratosphere.
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To wit: $200 million is quickly becoming the target price for ultra-wealthy clients, even though $100 million seemed like a shocking amount just a few years ago. According to sources, at least five properties have been for sale so far in 2025 with an asking price of $200 million or more. The Wall Street Journal. And those rising prices show no signs of slowing down.
The standout properties in the list below that represent the most expensive publicly advertised sales of 2025 are concentrated in idyllic settings in Florida and California, and boast square footage that can be staggering. As always, due to the discretion with which such high-end sales are handled, this list may not be complete, but it does give a sense of the ways in which luxury real estate pushed boundaries in 2025.
2170, 2200 and 2340 Gordon Drive
$225 million
Naples, Florida
2170, 2200 and 2340 Gordon Drive, Naples, Florida | Zillow
The most expensive home sale of 2025 so far is a three-home deal. All packages are believed to have been purchased by the same elite buyer for a total of $225 million. That easily eclipses the most expensive residential deal that took place in 2024: Oakley founder James Jannard’s sale of Malibu for $210 million.
The scenic Naples estate spans over 15 acres and includes 800 feet of beach frontage just a few blocks from the Naples Pier. It may sound like paradise, but the property is located in an area with an “extreme” flood risk, or a 99.9 percent chance of flooding in the next 30 years, according to Realtor.com’s climate risk assessment. Michael McCumber of Gulf Coast International Properties represented the seller, who had ties to the wealthy DeGroote family of Canada.
1063 and 1071 N. Ocean Blvd.
$177 million
Palm Beach, FL
1071 N Ocean Blvd and William Lauder | Google Street View and US Embassy London / Wikimedia Commons
A wealthy buyer with ties to Microsoft has acquired several lots in Palm Beach, the most notable of which were 1063 and 1071 North Ocean Boulevard. The buyer is rumored to be Charles Simonyi, the creator of Word and Excel. The properties were initially put on the market by Estée Lauder heir William Lauder for $200 million before seeing a price drop to $177.8 million before being snatched up.
The sale has not been publicly recorded, so it is unknown how much the lots actually sold for, but sources close to the deal have said it is close to the asking price and at least north of $160 million. Meanwhile, the buyer has also rounded up other ultra-luxury estates nearby to put together a portfolio of approximately $250 million. Christian Angle of Christian Angle Real Estate held the listing, and Ryan Serhant of SERHANT. replied the buyer.
26 Star Island Drive
$120 million
Miami Beach, Florida
26 Star Island Drive, Miami Beach, Florida | Google Earth and Gesi Schilling / Wikimedia Commons
In a new record for Miami-Dade County, developer Vlad Doronin sold his waterfront mansion on Star Island in March for $120 million to a Delaware-based entity with ties to businessman and technology entrepreneur Michael Ferro. Retired basketball pro Shaquille O’Neal had sold the 22,000-square-foot property to Doronin in 2009 for $16 million.
The developer founded Miami-based company OKO Group, which is behind the 830 Brickell and Aman Residences developments.
630 Nimes Road
$110 million
Los Angeles, California
630 Nimes Road, Los Angeles, California, and James Packer | Google Earth and Scott Barbour/Stringer/Getty Images
One of the most expensive deals of the year so far in Los Angeles involved James Packer, chairman of Crown Resorts, who bought a newly renovated estate in Bel Air this spring for $110 million. The house includes 10 bedrooms and 15 bathrooms and is known as ‘Le Belvedere’.
According to the records, the seller is an LLC affiliated with a Los Angeles-based company called European Investment Management Services Inc. Stephen Resnick, Jonathan Nash, David Parnes and James Harris of Carolwood Estates represented the seller, and Drew Fenton of Carolwood Estates and Kurt Rappaport of Westside Estate Agency represented the buyer.
594 S. Mapleton Drive
$110 million
Los Angeles, California
594 S. Mapleton Drive, Los Angeles, California, and Wendy and Eric Schmidt | Zillow and Benn Gibbs / Wikimedia Commons
In August, former Google CEO Eric Schmidt and his wife Wendy Schmidt made a splash in LA’s luxury market when the couple purchased the legendary home known as “Spelling Manor” after TV producer Aaron Spelling, for whom the mansion was built in 1990.
The French chateau-style estate had been on the market and off sale for a few years, at one point asking $137.5 million. The last time it changed hands was in 2019 for around $120 million, just after a renovation of the property was carried out by then-seller and British heiress Petra Ecclestone.
The Schmidts will also do their own renovation of the house, The WSJ reported, to make the building more energy efficient and streamline the floor plan. The home’s seller, a California-based entity known as 594 Mapleton LLC, faced a title issue prior to the sale. According to lawsuits, a group of scammers created a fraudulent deed on the house and recorded it with Los Angeles County in 2024.
Drew Fenton of Carolwood Estates represented the sale, and Linda May, also of Carolwood, represented the buyer.
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Email Lillian Dickerson
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