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A 3,600-acre ranch in Ojai, CA, has resurfaced on the market—with an astonishing 50% price reduction. But even with the discount, it’s still the week’s most expensive home on Realtor.com®.
According to The Real Deal, the sprawling property with numerous structures is owned by Richard Gilleland, a medical equipment manufacturing executive. When it initially landed on the market in 2021 with a $100 million price tag, it was America’s largest and priciest listing. Now available for “only” $50 million, this house is an example of aspirational pricing coming back down to earth.
Other pricey properties this week include a full-floor apartment overlooking San Francisco Bay, a chic new home in Beverly Hills, and a Florida home once owned by an NBA legend.
Here’s a full look at this week’s 10 most expensive homes.
10. 97 Pecksland Rd, Greenwich, CT
Price: $28,500,000
Country mansion: This elegant, 17,878-square-foot Georgian mansion is said to be owned by a former executive with ties to the Grey Goose vodka fortune.
The 24-room residence was custom built in 2009 and is loaded with exquisite finishes. It’s been on and off the market since 2022, with a top asking price of $33.8 million. Lavish details include an indoor hockey rink; indoor and outdoor pools; and a 30-car, underground auto showroom.
Greenwich, CT
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9. 29 High Water, Newport Coast, CA
Price: $29,995,000
Crystal Cove neighborhood: This coastal estate is perched high above the Pacific Ocean and offers breathtaking views.
Built in 2010, the seven-bedroom residence last sold in 2017 for $11.75 million. The current sellers could more-than double their money if they get anywhere near their asking price. Highlights include a wine cellar, home theater, glam room, saline pool, and BBQ pavilion.
Newport Coast, CA
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8. 1675 Carla Rdg, Beverly Hills, CA
Price: $29,995,000
New construction: This recently built contemporary offers a single level of stylish living with city and valley vistas.
The chic, 7,000-square-foot residence boasts walls of retractable glass, custom wood ceilings, and numerous courtyards overlooking a curved pool. A light-soaked primary suite has a gas fireplace, private terrace, and pool access.
Beverly Hills, CA
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7. 2006 Washington St Unit 10, San Francisco, CA
Price: $35,000,000
Posh pad: This freshly renovated Pacific Heights condo offers unobstructed views of San Francisco Bay.
Built in 1924, the exclusive Beaux Arts-style building was originally designed by Conrad Meussdorffer and overlooks the Spreckels Mansion. Architect Andrew Skurman and interior designer Suzanne Tucker oversaw the latest modernizations of the 5,400-square-foot unit that spans the entire 10th floor.
San Francisco, CA
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6. 3675 Gordon Dr, Naples, FL
Price: $35,000,000
French West Indies-style estate: This sophisticated, five-bedroom residence overlooking Champney Bay has been recently updated inside and out.
Built in 2006, the 7,873-square-foot, modernized interior now boasts custom ceilings, floor-to-ceiling walls of glass, and luxurious finishes. The multistructure compound also offers tropical, “resort-inspired” outdoor spaces with a pool and koi pond, three garages, and a private dock for quick Gulf access.
Naples, FL
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5. 14898 Palmwood Rd, Palm Beach Gardens, FL
Price: $35,000,000
Direct Intracoastal frontage: This prestigious, 6,718-square-foot estate is nestled in a private, 4-parcel preserve.
The waterfront residence with a private yacht basin sits on more than 2 acres surrounded by the Intracoastal Waterway. A modernized interior boasts a grand circular staircase, a recently updated chef’s kitchen with two islands, and a primary suite with a private terrace that overlooks the pool.
Palm Beach Gardens, FL
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4. 23 6th Ave N, Naples, FL
Price: $42,995,000
Two waterfront homes: This spectacular compound includes a six-bedroom primary estate and a three-bedroom secondary residence.
The bright and airy interior features a wall of French doors that flood the space with abundant natural light while serving up gorgeous views of the Gulf of Mexico. Designed for entertaining, the main home features a double living room with a beverage station, an oversized dining room, and numerous terraces.
Naples, FL
Realtor.com
3. 5718/5725 N Bay Rd, Miami Beach, FL
Price: $44,000,000
La Gorce Island: Here’s the opportunity to create your own legacy compound with two stylish residences.
The newly built primary estate overlooking Biscayne Bay boasts a jaw-dropping interior, with marble floors; glass walls; an elevator; and a curved, two-story staircase. Also included in the sale is a recently renovated, four-bedroom second home designed to accommodate extended family and guests.
Miami Beach, FL
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2. 33 Arvida Pkwy, Coral Gables, FL
Price: $47,000,000
Gables Estates neighborhood: This guard-gated, seven-bedroom waterfront estate was once owned by NBA legend and current Miami Heat executive Alonzo Mourning.
The former hoops star and his wife, Tracy Mourning, lived here for seven years, according to the South Florida Business Journal. They sold the seaside residence to the current sellers in 2012 for $11.35 million. The terrace-lined home overlooking Biscayne Bay boasts a 2,700-bottle wine cellar, an outdoor kitchen, and a four-car garage.
Coral Gables, FL
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1. 8434 Ojai Santa Paula Rd, Ojai, CA
Price: $50,000,000
Black Mountain Ranch: This 3,600-acre working horse and cattle ranch boasts numerous buildings, including an auto museum and two guest cottages.
The gated estate features a primary residence with exposed beams, two-story cathedral ceilings, and stone walls and floors. An enormous carriage house offers a fitness center, an office, and a 3,000-bottle wine cellar. The equestrian property also features numerous barns, a caretaker’s cottage, and storage facilities.
Ojai, CA
Realtor.com
The post California Ranch Gets a Half-Price Discount and Is Still the Week’s Most Expensive Home appeared first on Real Estate News & Insights | realtor.com®.
