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This 56,000-square-foot estate in Los Angeles sold for $110 million. (Jim Bartsch)
This 56,000-square-foot estate in Los Angeles sold for $110 million. (Jim Bartsch)

It was a challenging year for the Los Angeles housing market.

A week into 2025, fire razed thousands of homes valued at nearly $30 billion across the region. That catastrophe only exacerbated the existing strain on the region's housing market, which has long been burdened by limited supply and high prices.

And that's only considering the local issues. There was also the new presidential administration, national economic disruptions and an extended federal government shutdown.

Even so, the Los Angeles luxury market kept moving this year — clocking at least two sales over $100 million.

For one, a transfer of wealth has started manifesting in certain pockets of the market, according to a report from brokerage The Agency. Younger buyers who have the support of their parents have helped keep the market moving.

But more than that, Los Angeles is resilient, according to Catherine Yeh, director of market analytics at Homes.com.

"Despite mansion taxes and affordability hurdles, cash buyers and lifestyle-focused demand are driving deals," she told Homes.com. "With so few trophy homes available, standout properties are still commanding eye-popping prices."

The following findings are based on Homes.com data via the Multiple Listing Service. These findings are year to date and do not include off-market sales.

5. $60 million

Public records show that the home at 1028 Ridgedale was sold by Australian billionaire James Packer, who purchased the priciest home in LA this year. (Nils Timm)
Public records show that the home at 1028 Ridgedale was sold by Australian billionaire James Packer, who purchased the priciest home in LA this year. (Nils Timm)

Address: 1028 Ridgedale Drive, Beverly Hills, California

List price: $69.95 million

Seller’s agent: Kurt Rappaport, Westside Estate Agency, and Drew Fenton, Carolwood Estates

Square footage: 14,579

Bedrooms: 12

Bathrooms: 18

Year Built: 1930

4. $63.1 million

The property includes a golf course, sports court and resort-style pool with waterslides. (Paul Barnaby)
The property includes a golf course, sports court and resort-style pool with waterslides. (Paul Barnaby)
Inside, the home features a wine and cigar cellar, accompanied by a tasting lounge. (Paul Barnaby)
Inside, the home features a wine and cigar cellar, accompanied by a tasting lounge. (Paul Barnaby)

Address: 71 Beverly Park, Beverly Hills, California

List price: $68 million

Seller’s agent: Ginger Glass and Alexandra Glass, Compass

Square footage: 30,500

Bedrooms: 12

Bathrooms: 20

Year Built: 2014

Designed by Richard Landry, the residence at 71 Beverly Park is a newly renovated estate on more than six acres in a gated community in Beverly Hills. The property includes an oversized sports court for basketball and pickleball, as well as a skate park, a five-hole golf course with a driving range and a pool with slides. There's also a guest house, staff quarters and offices.

3. $80 million

Address: 28719 Grayfox St., Malibu, California

List price: $80 million, off-market sale (later added to MLS)

Seller’s agent: Chris Cortazzo, Compass

Square footage: 1,314

Bedrooms: 1

Bathrooms: 2

Year Built: 1956

The contemporary home at 28719 Grayfox St. is a one-story residence sited on 1.35 acres, according to the listing on Homes.com. It has ocean views and is nestled just above Point Dume National Preserve.

2. $110 million

James Packer, an Australian billionaire, bought this home in the Bel Air neighborhood in May. (Jeremy Spann)
James Packer, an Australian billionaire, bought this home in the Bel Air neighborhood in May. (Jeremy Spann)

Address: 630 Nimes Road, Los Angeles, California

List price: $110 million, off-market sale

Seller’s agent: Stephen Resnick and David Parnes, Carolwood Estates

Square footage: 35,378

Bedrooms: 7

Bathrooms: 15

Year Built: 2007

1. $110 million

The home at 594 S. Mapleton Drive is known as "The Manor." (Jim Bartsch)
The home at 594 S. Mapleton Drive is known as "The Manor." (Jim Bartsch)

The estate borders the Los Angeles Country Club. (Jim Bartsch)
The estate borders the Los Angeles Country Club. (Jim Bartsch)

Address: 594 S. Mapleton Drive, Los Angeles, California

List price: $155 million

Seller’s agent: Drew Fenton, Carolwood Estates

Square footage: 56,500

Bedrooms: 14

Bathrooms: 27

Year Built: 1990

Known as "The Manor," the limestone estate at 594 S. Mapleton Drive "offers every amenity imaginable," according to the listing description on Homes.com. Sited on nearly 4.7 acres, the property includes a bowling alley, beauty salon, rose gardens, a professional screening room and tennis courts. More than that, the home borders the prestigious Los Angeles Country Club.

Writer
Moira Ritter

Moira Ritter is an award-winning staff writer for Homes.com, covering the California housing market with a passion for finding ways to connect real estate with readers' everyday lives. She earned recognition from the National Association of Real Estate Editors for her reporting on Hurricane Helene's aftermath in North Carolina.

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