Rick Caruso’s Former Estate Sells for $48 Million, the Most Expensive Home Sale in August

Four of last month’s most expensive sales were in coastal Florida A Beverly Hills estate previously owned by billionaire real estate magnate and 2022 Los Angeles mayoral candidate Rick Caruso was the most expensive home sale of August, fetching $48 million. That’s according to a new report from Redfin, the real estate brokerage powered by Rocket. It’s followed by a new-construction mansion in Greenwich, CT, which fetched $44 million. Also among last month’s most expensive sales: a coastal compound in Miami Beach previously owned by Rosie O’Donnell, and an oceanfront Kauai property that Julia Roberts once called home. All in all, Florida was home to four of August’s 10 most expensive home sales. The remaining six were each in a different state: California, Connecticut, Illinois, Hawaii, Nevada and New York. The top two sold for over $40 million, and all 10 sold for over $25 million. Coastal Florida typically has many ultra-expensive home sales in any given month. Despite the increasing risk of climate disasters and skyrocketing insurance costs, mega-wealthy homebuyers often have the means to rebuild, repair, or take a loss. These are the most expensive U.S. home sales of August: 912 Benedict Canyon Dr., Beverly Hills, CA 90210: Sold for $47.5 million 214 Clapboard Ridge Rd., Greenwich, CT 06831: Sold for $43.5 million 1013 Lakeshore Blvd., Incline Village, NV 89451: Sold for $37.5 million 43 Star Island Dr., Miami Beach, FL 33139: Sold for $36 million 33 Arvida Pkwy, Coral Gables, FL 33156: Sold for $34 million 109 E. 79th St., Unit 16, New York, NY 10075: Sold for $33 million 68 La Gorce Circle, Miami Beach, FL 33141: Sold for $32.7 million 419 Sheridan Rd., Winnetka, IL 60093: Sold for $31.3 million 1200 S. Ocean Blvd., Manapapan, FL 33462: Sold for $28 million 5-8192 Kuhio Hwy, Hanalei, HI 96714: Sold for $27.6 million Redfin also looked at the most expensive home sales of the year so far. None of August’s sales made the list; the priciest sale so far in 2025 is this beachfront compound in Naples, FL. These are the most expensive U.S. home sales of 2025 so far: 2200 Gordon Dr., Naples, FL 34102: Sold for $133 million in April 594 S. Mapleton Dr., Los Angeles, CA 90024: Sold for $110 million in July 630 Nimes Rd., Los Angeles, CA 90077: Sold for $110 million in May 28719 Grayfox St., Malibu, CA 90265: Sold for $80 million in July 88 La Gorce Cir., Miami Beach, FL 33141: Sold for $74.3 million in April 4823 Kahala Ave., Honolulu, HI 96816: Sold for $65.8 million in March 71 Beverly Park, Beverly Hills, CA 90210: Sold for $63.1 million in June 66 La Gorce Cir., Miami Beach, FL 33141: Sold for $60 million in March 150 Charles St., Unit 9A, New York, NY 10014: Sold for $60 million in March 1028 Ridgedale Dr., Beverly Hills, CA 90210: Sold for $60 million in April To view the full report please visit: https://www.redfin.com/news/most-expensive-home-sales-august-2025