ETFOptimize | High-performance ETF-based Investment Strategies

Quantitative strategies, Wall Street-caliber research, and insightful market analysis since 1998.


ETFOptimize | HOME
Close Window

Redfin Reports the 10 Most Expensive Home Sales of April

Most of April’s most expensive home sales were in beachfront Florida, with a pair of Beverly Hills estates and two luxury Manhattan condos rounding out the top 10

(NASDAQ: RDFN) —A trio of neighboring properties in Naples, FL, made up three of April’s most expensive home sales, including the most expensive: a beachfront estate that went for $133 million. That’s according to a new report from Redfin (redfin.com), the technology-powered real estate brokerage.

All in all, six of last month’s most expensive home sales were in coastal Florida, and two were in Beverly Hills, CA. A pair of luxury Manhattan condos, both on Billionaires’ Row, round out the top 10.

Half of April’s highest-priced home sales clocked in at more than $50 million, and all fetched $40 million or more. Waterfront Florida is typically home to the lion’s share of ultra-expensive home sales despite increasing risk of climate-driven disasters, such as hurricanes. The ultra-wealthy buyers of these homes typically have enough money in the bank to renovate or rebuild if need be.

These are the most expensive U.S. home sales of April:

  1. 2200 Gordon Dr., Naples, FL 34102: Sold for $133.2 million
  2. 88 La Gorce Cir., Miami Beach, FL 33141: Sold for $74.3 million
  3. 1028 Ridgedale Dr., Beverly Hills, CA 90210: Sold for $60 million
  4. 942 Alpine Dr., Beverly Hills, CA 90210: Sold for $51.8 million
  5. 516 S. Ocean Blvd., Palm Beach, FL 33480: $51.4 million
  6. 2340 Gordon Dr., Naples, FL 34102: Sold for $46.9 million
  7. 111 W. 57th St. Unit 72, New York City, NY 10019: Sold for $46.9 million
  8. 217 W. 57th St. Unit 116, New York City, NY 10019: Sold for $45.9 million
  9. 2170 Gordon Dr., Naples, FL 34102: Sold for $44.9 million
  10. 3080 N. Bay Rd., Miami Beach, FL 33140: Sold for $40 million

Today’s Most Expensive Home Listings

Redfin also took a look at the most expensive listings on the market today. All are listed at more than $135 million, and the two most expensive are asking more than $200 million.

There’s a gap between the sale prices in the section above and the list prices in this section because ultra-luxury homes typically sell for much less than their asking price. Ultra-high-end listings are often priced high because prestige pricing can attract luxury buyers and generate media buzz. Plus, there tend to be very few comps in this price range, and sellers of extremely expensive homes often expect a lot of negotiation.

Half of April’s most expensive homes for sale were in Southern California, four were in coastal Florida, and one was in Lake Tahoe.

Nearly all of the listings remain the same as the last time Redfin published this ranking because ultra-luxury homes typically take a long time to sell. The typical U.S. home listing goes under contract in 47 days; nine of the 10 listings in this ranking have been on the market for longer than that, and six of them have been listed for over 100 days.

These are today’s most expensive active listings:

  1. 1960 S. Ocean Blvd, Manalapan, FL 33462: Listed for $285 million
  2. 100 Bay Road, Naples, FL 34102: Listed for $210 million
  3. 1949 Glenbrook Inn Rd., Glenbrook, NV 89413: Listed for $188 million
  4. 607 Siena Way, Bel Air, CA 90077: Listed for $177 million
  5. 10644 Bellagio Rd., Los Angeles, CA 90077: Listed for $175 million
  6. 1261 Angelo Dr., Beverly Hills, CA 90210: Listed for $175 million
  7. 31062 Casa Grande Dr., San Juan Capistrano, CA 92675: Listed for $150 million
  8. 1370 S. Ocean Blvd., Manalapan, FL 33462: Listed for $150 million
  9. 190 Palm Ave., Miami Beach, FL 33199: Listed for $150 million
  10. 594 S. Mapleton Dr., Los Angeles, CA 90024: Listed for $137.5 million

Please note that the listings above were active as of May 15, 2025.

To view the full report, please visit:

https://www.redfin.com/news/most-expensive-home-sales-april-2025

About Redfin

Redfin (www.redfin.com) is a technology-powered real estate company. We help people find a place to live with brokerage, rentals, lending, title insurance, and renovations services. We run the country's #1 real estate brokerage site. Our customers can save thousands in fees while working with a top agent. Our home-buying customers see homes first with on-demand tours, and our lending and title services help them close quickly. Customers selling a home can have our renovations crew fix it up to sell for top dollar. Our rentals business empowers millions nationwide to find apartments and houses for rent. Since launching in 2006, we've saved customers more than $1.6 billion in commissions. We serve more than 100 markets across the U.S. and Canada and employ over 4,000 people.

Redfin’s subsidiaries and affiliated brands include: Bay Equity Home Loans®, Rent.™, Apartment Guide®, Title Forward® and WalkScore®.

For more information or to contact a local Redfin real estate agent, visit www.redfin.com. To learn about housing market trends and download data, visit the Redfin Data Center. To be added to Redfin's press release distribution list, email press@redfin.com. To view Redfin's press center, click here.

Contacts

Contact Redfin

Redfin Journalist Services:

Kenneth Applewhaite, 206-414-8880

press@redfin.com

Stock Quote API & Stock News API supplied by www.cloudquote.io
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the following
Privacy Policy and Terms Of Service.


 

IntelligentValue Home
Close Window

DISCLAIMER

All content herein is issued solely for informational purposes and is not to be construed as an offer to sell or the solicitation of an offer to buy, nor should it be interpreted as a recommendation to buy, hold or sell (short or otherwise) any security.  All opinions, analyses, and information included herein are based on sources believed to be reliable, but no representation or warranty of any kind, expressed or implied, is made including but not limited to any representation or warranty concerning accuracy, completeness, correctness, timeliness or appropriateness. We undertake no obligation to update such opinions, analysis or information. You should independently verify all information contained on this website. Some information is based on analysis of past performance or hypothetical performance results, which have inherent limitations. We make no representation that any particular equity or strategy will or is likely to achieve profits or losses similar to those shown. Shareholders, employees, writers, contractors, and affiliates associated with ETFOptimize.com may have ownership positions in the securities that are mentioned. If you are not sure if ETFs, algorithmic investing, or a particular investment is right for you, you are urged to consult with a Registered Investment Advisor (RIA). Neither this website nor anyone associated with producing its content are Registered Investment Advisors, and no attempt is made herein to substitute for personalized, professional investment advice. Neither ETFOptimize.com, Global Alpha Investments, Inc., nor its employees, service providers, associates, or affiliates are responsible for any investment losses you may incur as a result of using the information provided herein. Remember that past investment returns may not be indicative of future returns.

Copyright © 1998-2017 ETFOptimize.com, a publication of Optimized Investments, Inc. All rights reserved.