Luxe homes for the super-rich: 10 most lavish US properties that sold in 2017
From Celine Dion’s Jupiter Island water slide to the most expensive home ever sold in San Francisco, the rich were still off-loading this year – even if they were getting less for their properties
This was an odd year for real estate, particularly at the very top of the market. Certain regions saw record-breaking listings, but sparse sales. Others saw brisk business for the merely wealthy – and stagnant sales at levels only the super-rich can afford.
There was a backlash against mega-mansions but not mega-prices. It was a year in which billions changed hands, but very few records were set.
The following are some of this year’s most interesting sales. Some represent the tops in their respective regions, others are emblematic of industry-wide trends, and one or two have a famous name attached.
1. The Girasol Estate in St. Barth’s, about US$67 million
What: A seven-acre estate on the Caribbean island of St. Barth’s with 175 yards of beachfront and two separate villas.
Why: The sale, one of the biggest in the Caribbean this year, happened after Hurricane Irma devastated the surrounding islands. It’s proof that the real estate industry in paradise is still booming, and it comes as a major relief to a lot of nervous second-home owners.
Sold by: Sibarth Real Estate, an affiliate of Christie’s International Real Estate
2. A triplex penthouse in Monte Carlo, Monaco, US$61 million