The luxury housing market continues to make headlines — and August 2025 was no exception. Despite rising interest rates and broader economic uncertainties, high-net-worth buyers are still making bold moves in real estate. From Beverly Hills to Miami Beach, some of the country’s most prestigious addresses traded hands at jaw-dropping prices.
If you’re curious about where the ultra-luxury market is headed, here’s a look at the top 5 most expensive homes sold in August 2025.
1. 912 Benedict Canyon Dr., Beverly Hills, CA – $47.5 Million
Beverly Hills continues to set the tone for luxury living. This estate, tucked into the iconic Benedict Canyon, was August’s priciest transaction at $47.5 million. With privacy, prestige, and proximity to L.A.’s best, it’s no surprise this home topped the list.
2. 214 Clapboard Ridge Rd., Greenwich, CT – $43.5 Million
Greenwich has long been a magnet for finance executives and luxury buyers looking for space outside of Manhattan. This $43.5 million mansion represents the timeless appeal of Connecticut estates with sprawling acreage and unmatched craftsmanship.
3. 1013 Lakeshore Blvd., Incline Village, NV – $37.5 Million
On the shores of Lake Tahoe, this $37.5 million sale shows that lifestyle-driven buyers are also turning to mountain and lakefront escapes. Incline Village blends year-round recreation with exclusivity, making it one of the West’s most coveted addresses.
4. 43 Star Island Dr., Miami Beach, FL – $36 Million
Florida dominated August’s luxury market once again. This $36 million home on Star Island — one of Miami Beach’s most prestigious enclaves — offers jaw-dropping waterfront views, boating access, and unmatched cachet.
5. 33 Arvida Pkwy., Coral Gables, FL – $34 Million
Coral Gables continues to shine with luxury buyers. At $34 million, this estate captures everything South Florida is known for: Mediterranean-inspired design, sweeping water frontage, and access to the best of Miami living.
What These Sales Tell Us
While headlines often focus on shifting mortgage rates and affordability challenges, the ultra-luxury segment remains resilient. For buyers at this level, lifestyle, location, and legacy matter far more than market headwinds. From Beverly Hills to Miami, the demand for iconic properties continues to prove that luxury real estate is always in season.
👉 Thinking of buying or selling in Knoxville’s luxury market? I’d love to help you navigate your options with the same high-level service these buyers expect.
