2-home, 4-acre Miami waterfront estate sells for a record $106.875M

The price marks a new record for homes sold in Miami-Dade County and the first time a home in Miami has exceeded nine figures, according to listing agent Ashley Cusack. Continue reading

Brad Pitt buys historic D.L. James’ clifftop Carmel home for $40M

The home is located atop a steep bluff on the oceanside of Highway 1. The deal marks one of the priciest to ever close in the Carmel area, according to local agents. Continue reading

Former Palm Beach home of Rush Limbaugh asks upward of $150M

Limbaugh purchased the 2.7-acre oceanfront property in 1998 for $3.9 million through a limited liability company. Built in the West Indies style, the property includes several structures. Continue reading

Estate of Microsoft co-founder Paul Allen sells 2 apartments for $101M

The deal on the Upper East Side units at 4 East 66th Street, which were never publicly listed, included a penthouse and a second apartment on a lower floor, according to records. Continue reading

Debt-ridden Bel Air mega-mansion fails to nab $50M target at auction

As of the auction’s closing bid on Monday, celebrity botox doctor Alex Khadavi’s Bel Air mansion had gone for $46.76 million, below the $50 million reserve price set by bankruptcy courts. Continue reading

Reese Witherspoon sells Brentwood estate for $21.5M within 1 month

The 10,000-square-foot home was originally purchased by a trust linked to Witherspoon in 2020 for $15.895 million. Continue reading

Palm Beach spec home brings in $50M

The 14,000-square-foot spec mansion located in Palm Beach, just a few streets north of Mar-a-Lago, sold to an unknown buyer. Continue reading

Jeffrey Epstein’s pair of private Caribbean islands seeks $125M

The two islands, which occupy more than 230 acres altogether, were a significant part of Epstein’s robust international property portfolio. Continue reading

Zillow offloads 2,000 homes to New York City investment firm: Report

Pretium Partners has agreed to buy some of Zillow’s homes as the listings portal exits the iBuyer business, The Wall Street Journal reports. Continue reading

China considers something new — mandating a national property tax

The nation remains one of the few world powers without widespread taxes on real estate values. But that could soon change. Continue reading