The economic topsy-turvy of the past two years has resulted in a rather unpredictable luxury real-estate market. Still, high-net-worth buyers understand that investing in property is one of the best hedges against rising inflation. Indeed, luxury home sales in the US grew 35 percent last year, with over 40 residences selling for more than $50 million. The demand is certainly there. So, too, are the high-end abodes.
In fact, we canvassed the most expensive homes in all 50 states (plus Washington, DC) in alphabetical order to give a better sense of what to expect in each marketplace. Some of the entries were predictable—the priciest listing in New York hasn’t budged since last year—while others, like a $100 million estate in Lake Tahoe with a 12-slip dock, were more unexpected and perhaps worth paying top-dollar for. Here, a closer look at these pricey US residences from coast to coast.