Luxury—and how much of it you can acquire for your dollar—has always been dependent on location. For example, $1 million may buy you a four-bedroom home in Naples, Fla. But only a one-bedroom condo in Honolulu. The same goes for $10 million: it may buy you a three-bedroom oceanfront house in Laguna Beach, but a six-bedroom house on 13 acres in Aspen.
Using the latest bi-annual list of top 20 U.S cities for active luxury home listings from the Coldwell Banker Previews International® Luxury Market Report as inspiration, we decided to give you a clearer picture of what $1 million, $5 million and $10 million can really buy you in today’s real estate market.
184 Cheshire Way
Naples, FL 34110
For just a little over $1 million in Naples, you can enjoy lake and golf course views plus a spacious custom home, with four bedrooms (three of which have an en-suite) and two garages. You had us at “view.”
8405 E Appaloosa Trail
Scottsdale, AZ 85258
What does $1 million buy in Scottsdale? Answer: a warm and stunning turnkey home with five bedrooms and four baths. You’ll also find amenities galore: quality Alder wood cabinetry, stone flooring and granite counters, Wolf and Sub-Zero appliances. And let’s not forget the outdoor lifestyle that Scottsdale affords: a picturesque pool/waterfall, sport court, BBQ area and fireplace.
233 East 13th Street
Chicago, IL 60605
What does $1 million buy you in Chicago? Try a three-bedroom, three-bath condo in one of Museum Park’s preferred full amenity buildings. In this stunning 2,319 square-foot corner unit, you’ll find inspiring northeast lake views, a fully upgraded kitchen, custom built-ins and a three-car garage space. Windy city living at its finest.
729 Longleaf Drive
Atlanta, GA 30342
If you want to move to Atlanta for about $1 million, think “new construction.” Right now, you can purchase a four-story, three-bedroom, three-bath townhome at The Met@Phipps in that price range. The contemporary styled community is set in the heart of Buckhead and just steps from Atlanta’s most prestigious neighborhoods and premier shopping districts.
223 Saratoga Road
Honolulu, HI 96815
A Diamond Head corner unit at the five-star Trump Tower Waikiki Hotel and Residences with ocean to mountain panoramic views. That’s what $1 million will buy you in Honolulu right now. This fully furnished one-bedroom, one-bath condo boasts a beautiful interior with full kitchen, washer/dryer and wine cellar. You’ll also have all of the amenities that come with the Trump name: concierge, infinity pool, gym, spa and valet parking. And the best part? You’re just few steps from white sandy beach. Paradise, at last.
36 Day Rd.
Greenwich, CT 06831
It may be hard to believe there are quality luxury properties in tony Greenwich for $5 million—especially when you have estates like the $190 million Copper Beech Farm as your neighbors. But this elegant traditional serves as evidence with its spacious 9,004 square feet, six bedrooms, eight baths, one half bath and back country living.
31508 Anacapa View Dr
Malibu, CA 90265
$5 million may not buy you an oceanfront home in Malibu—but it could buy you a view. This Mediterranean hillside villa offers you exactly that, with coastline views stretching from Broad Beach to Zuma Beach and beyond. And don’t think for a minute that space will be sacrificed with a Malibu address: you’ll have six bedrooms, seven baths, plus two loft areas and a lower level room opening to the pool and spa.
6030 Le Lac Road
Boca Raton, FL 33496
As it turns out, you can get a lot for $5 million in Boca Raton. Like this hidden 5,773 square-foot gem in Le Lac, Boca Raton’s prestigious gated enclave. The exquisite privately gated lakefront estate rests on 2.1 acres of meticulously manicured grounds and offers a spectacular backyard with a dock. The home itself was renovated in 2009 and features five bedrooms, five baths and two half baths.
341 Royal Plaza Dr
Fort Lauderdale, FL 33301
In Fort Lauderdale, the boating capital of the United States, you can purchase a brand-new waterfront residence for just under $5 million. This recently completed custom home encompasses 6,610 square feet and includes six bedrooms, six baths, two half baths, a two-room master suite with waterfront balcony and direct ocean access with deep water dockage for a boat up to 80 feet.
Rancho Santa Fe, Calif.
5026 Linea Del Cielo
Rancho Santa Fe, CA 92067
San Diego County’s Rancho Santa Fe has historically attracted an affluent set—and it’s not for the ocean views, but for the space. For a little under $5 million, you can have this elegantly renovated gated compound situated on over four acres of manicured gardens and green pastures. You’ll also enjoy five bedrooms in the main house, an office, billiard room, multi-purpose media/game room and six baths.
New York, N.Y.
435 East 87th Street
New York, NY 10128
If you read our current Luxury Market Report, then you already know that New York City has the nation’s highest number of listings and sales over $10 million. But just how much home do you get for that number? More than you might think. This Upper East Side townhouse offers the best of both worlds: the prestige of one of Manhattan’s prime addresses and palatial proportions spanning 6,500 square feet. Six bedrooms, seven baths, modern amenities and a private elevator to match make this residence an extraordinary place to call home in the city.
Laguna Beach, Calif.
12 Emerald Bay
Laguna Beach, CA 92651
Across the coast, you could also have an architecturally significant home on the oceanside of Laguna Beach’s prime Emerald Bay for just under $10 million. This 3-bedroom, 3-bath Monterey style home was designed by Roland Coates, a noted architect of the “Eclectic Revival” school that flourished in Los Angeles and Pasadena. The home features four fireplaces and sumptuous rooms with beach and sunset views. The views really say it all.
14 Meadowlark Ln
Aspen, CO 81611
At the $10 million price point, Aspen offers decidedly more acreage and square footage. This exquisite contemporary compound in Aspen’s White Star is a perfect example. Sited on 13 acres, the compound consists of a main residence with 10,000 square feet and six bedrooms including caretaker quarters and a cozy guest house/barn with two bedrooms and one and one-half baths. Expansive views, expansive views, picture perfect grounds with pond and water features give you a sense of complete seclusion. And isn’t that part of the Rocky Mountain luxury experience?
616 N Foothill Rd
Beverly Hills, CA 90210
Beverly Hills is known as one of the nation’s most priciest and luxurious cities—but just how luxurious? For $10 million, you can have a beautiful newly constructed Spanish Mission style estate spanning approximately 10,000 square feet in the Beverly Hills Flats area. You’ll also enjoy seven bedrooms, nine baths, a pool, spa and outdoor entertaining pavilions—a must-have for true Southern California living. And you’ll have the distinction of owning an award-winning home (the home was the recipient of the Design Review Commission of The City of Beverly Hills award for architectural design).
9701 Collins Ave
Bal Harbour, FL 33154
A posh new palace in the sky. That’s what $10 million buys you in Bal Harbour, a fashionable enclave located on the northern tip of Miami Beach. For just over $10 million, you’ll have a four-bedroom, four baths contemporary condo with spectacular ocean, intracoastal and city views. Add to that a gourmet kitchen, exquisite finishes and a Shabbos elevator, and you’ve got one fab place to call home.