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

SEATTLE--(BUSINESS WIRE)-- 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:

1. 912 Benedict Canyon Dr., Beverly Hills, CA 90210: Sold for $47.5 million
2. 214 Clapboard Ridge Rd., Greenwich, CT 06831: Sold for $43.5 million
3. 1013 Lakeshore Blvd., Incline Village, NV 89451: Sold for $37.5 million
4. 43 Star Island Dr., Miami Beach, FL 33139: Sold for $36 million
5. 33 Arvida Pkwy, Coral Gables, FL 33156: Sold for $34 million
6. 109 E. 79th St., Unit 16, New York, NY 10075: Sold for $33 million
7. 68 La Gorce Circle, Miami Beach, FL 33141: Sold for $32.7 million
8. 419 Sheridan Rd., Winnetka, IL 60093: Sold for $31.3 million
9. 1200 S. Ocean Blvd., Manapapan, FL 33462: Sold for $28 million
10. 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:

1. 2200 Gordon Dr., Naples, FL 34102: Sold for $133 million in April
2. 594 S. Mapleton Dr., Los Angeles, CA 90024: Sold for $110 million in July
3. 630 Nimes Rd., Los Angeles, CA 90077: Sold for $110 million in May
4. 28719 Grayfox St., Malibu, CA 90265: Sold for $80 million in July
5. 88 La Gorce Cir., Miami Beach, FL 33141: Sold for $74.3 million in April
6. 4823 Kahala Ave., Honolulu, HI 96816: Sold for $65.8 million in March
7. 71 Beverly Park, Beverly Hills, CA 90210: Sold for $63.1 million in June
8. 66 La Gorce Cir., Miami Beach, FL 33141: Sold for $60 million in March
9. 150 Charles St., Unit 9A, New York, NY 10014: Sold for $60 million in March
10. 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

About Redfin

Redfin is a technology-driven real estate company with the country's most-visited real estate brokerage website. As part of Rocket Companies (NYSE: RKT), Redfin is creating an integrated homeownership platform from search to close to make the dream of homeownership more affordable and accessible for everyone. Redfin’s clients can see homes first with on-demand tours, easily apply for a home loan with Rocket Mortgage, and save thousands in fees while working with a top local agent.

You can find more information about Redfin and get the latest housing market data and research at Redfin.com/news. For more information about Rocket Companies, visit RocketCompanies.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20250924569814/en/

Contact Redfin

Redfin Journalist Services:

Kenneth Applewhaite

press@redfin.com

Source: Redfin