Million Dollar Housing Markets


Montecito, Calif. (93108)

Sales of $5 million or more: 28
Price of this home: $6.7 million
This Connecticut suburb has long been the zip code of choice for corporate titans, professional athletes and hedge fund managers, thanks to its proximity to Manhattan.

While this house was built in 2008, its solid, stonewall look lends it an air of permanence and quality. That’s enhanced by the broad lawns, foundation plants and tall trees on the two-and-a-half acre property.

Inside, there are antique wood and limestone floors, beamed ceilings, French doors and arched, multi-paned windows. There’s also a large kitchen with breakfast nook, a rustic family room with stone floors and a brick fireplace, and a formal dining room.


New York (10013)
Sales of $5 million or more: 45
Price of this home: $5.4 million
Where else but in Manhattan would a three-bedroom 3,100 square-foot home cost $5 million?

In fact, several neighborhoods — including the Upper East Side, the Upper West Side and Greenwich Village — had many, multi-million dollar sales, according to Coldwell Banker.

In this zip code, which includes parts of the swanky neighborhoods of Tribeca and Soho, 45 homes sold for $5 million or more during the year ended June 30. Six of those sales were for $10 million plus.

This home is a “true artist’s loft” with 13.5-foot ceilings and cast iron columns and wood beams, said agent Danny Davis. Yet, at this price, the buyers are mostly hailing from Wall Street.


Miami Beach, Fla. (33139)
Sales of $5 million or more: 42
Price of this home: $5.9 million
Prices for prime waterfront properties in Miami Beach have doubled over the past couple of years as buyers from all over the world flock to this Florida hotspot for its exciting mix of cultures, nightlife and great weather, according to agent Jill Hertzberg.

One of the most exclusive neighborhoods in town, this zip code recorded 42 sales of $5 million or more and 11 sales of $10 million or more during the 12 months ended June 30, 2013.

This house is in a gated island community located a few minutes from the restaurants, clubs and shopping on South Beach. The living room features 20-foot-plus ceilings and a window wall with views of Biscayne Bay.

There’s 60 feet of waterfront and a 300-square-foot dock. Tall trees and lush plantings keep the quarter-acre lot cool and comfortable. There’s also a poolside patio.


Naples, Fla. (34102)

Sales of $5 million or more: 31

Price of this home: $4 million
A prosperous tourist hub on Florida’s West Coast, Naples is known for its art galleries, pristine white sand beaches and nearby wildlife sanctuaries.
This romantic Mediterranean style home, which is a relative bargain at under $4 million, is in a private enclave near the shore in the town’s best zip code. It has three levels of outdoor living spaces — deep balconies with arched and columned openings — that are great spots to entertain guests.
There’s a grand stone entryway into a foyer decorated with a large, round fountain. The formal living room features wood paneling, a fireplace and a wet bar. A master suite, complete with office, occupies the third floor.


Aspen, Colo. (81611)
Sales of $5 million or more: 44
Price of this home: $5.5 million
Once a small silver mining town, Aspen is now a premiere mountain retreat for the rich and famous.
In the 12 months ended June 2013, 44 homes priced at more than $5 million were sold, 16 of which carried prices that surpassed $10 million.
Residents not only get to enjoy winter sports on the snow-capped peaks of the Rocky Mountains in the winter, but there is also a championship golf course to play once the snow thaws.
This 5,300 square-foot condo comes with five bedrooms and baths and features wood-beamed vaulted ceilings, several fireplaces, a large family room, home theater and wine room.


Beverly Hills (90210)
Sales of $5 million or more: 80
Price of this home: $6 million
Beverly Hills’ 90210 had its own television show for a reason: When it comes to multi-million dollar homes, it’s got more than almost every other zip code in the nation.
The median home price is about $2 million, according to Trulia. Over the 12 months ended June 30, there were 18 sales of $10 million or more, the most out of any U.S. zip code.



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