Inside the Newest Trophy Properties to Hit the Market

Once upon a time, trophy properties were defined by this price benchmark: $20 million. Whether you agree with that definition or not today, several recently listed Coldwell Banker Global Luxury properties in the last month have topped the $30 million mark. Rarified as they are, we are spotlighting six of these extraordinary listings. From tranquil waterfront properties to exclusive mountain retreats, these prized offerings represent the very best properties available on the market under the Coldwell Banker banner and offer the clearest picture yet of what luxury looks like at the highest echelons of real estate right now.

Newport Beach, California

20 Harbor Island | Newport Beach, CA. | $ 74,000,000

A Southern California waterfront property remains among the most sought-after and precious of pieces of real estate, and this rarified listing on the westerly side of Newport's Harbor Island, captures the enduring allure of waterfront living in its purest form.  Comprised of two independent waterfront lots measuring fifty feet in width each, the incredible offering unites a combined 100 feet of prime water frontage "on the most desirable island in Newport Harbor," according to listing agent Evan Corkett of Coldwell Banker Realty in Newport Beach. "This stately period home has been lovingly kept for nearly one hundred years," she says. "Held by generations of one family for nearly as long, this is the proverbial property 'everyone has been waiting for.'"

Highland Beach, Florida

2455 S Ocean Boulevard | Highland Beach, FL. | $59,000,000

Everything about this Palm Beach County estate counts towards its trophy property status. For starters, the 17,602-square-foot manse is "sited on Highland Beach's largest oceanfront lot," explains listing agent Jonathan Postma of Coldwell Banker Realty in Boca Raton. Then there's the modern French-Eclectic architecture by Madey Architects, impeccably finished transitional interiors, fortress-like construction by Mark Timothy Luxury Homes and its enviable position on over 150 feet of private manicured beachfront and nearly two acres in the ''Estate Section'' of Byrd Beach, minutes away from Atlantic Avenue and Boca Raton.

Aspen, Colorado

1330 W Buttermilk Road | Aspen, CO. | $49,000,000

Aspen has long commanded some of the highest priced luxury home prices, and this private two-acre estate in West Buttermilk is no exception. Listing agent Carrie Wells of Coldwell Banker Mason Morse calls it "the ultimate luxury mountain estate" and "a once-in-a-generation masterpiece" with unmatched style, quality, and amenities with sweeping views of the Elk Mountain Range. The sophisticated design is balanced with substantial materials of stone and wood. In its 11,275 square feet: multiple living and entertaining spaces on the main level that open to an expansive pool terrace, six en-suite bedrooms, a lofted study and library, a fully outfitted entertainment level with a fitness area and theater, and a wine cave.  To match the interior luxuries, there is always the sublime mountain scenery to enjoy, where elk can often be found grazing in the distance.

Laguna Beach, California

13 Old Ranch Road | Laguna Beach, CA. | $39,995,000

This custom hilltop gated estate in Laguna Beach comes by its $39,995,000 price tag honestly: it has 13.29 sun-kissed panoramic ocean view acres, priceless views stretching from Laguna Beach to La Jolla, and over 15,100 square feet of artistically designed living space. The property is "one of the largest private residential sites in California," notes listing agent Tim Smith of Coldwell Banker Realty in Newport Beach, and it's situated on "the largest lot beyond the guarded entry gates of Bear Brand Ranch Custom Estates near Laguna Beach." From the striking custom sculptures by noted Laguna Beach artist Jon Seeman in the driveway to floor-to-ceiling Fleetwood doors and windows, Italian modern crystal chandeliers, and all of its custom features, the property offers the trophy property trifecta: privacy, security, and bespoke luxury.

Miami Beach, Florida

4647 Pine Tree Drive | Miami Beach, FL. | $ 35,000,000

Masterfully designed, this multi-level waterfront property checks so many dream home boxes. The listing encompasses an existing modern jewel box of over 13,000 square feet blending seamlessly with indoor-outdoor luxury living – all poised on a 43,900 square-foot estate-sized lot with 100 feet of sought-after water frontage and situated on one of Miami Beach's most exclusive streets. There are views galore. Topping it off, there are "over $5 million worth of high-quality upgrades and remodeling that were done in the last two years," listing agents Jill Eber and Jill Hertzberg of Coldwell Banker Realty in Miami Beach point out. The next owner could also have the opportunity to customize and expand the existing home into a dream estate of more than 17,000 square feet.

Pacific Palisades, California

1362 Bella Oceana Vista | Pacific Palisades, CA. | $ 32,000,000

Listing agent Joyce Rey of Coldwell Banker Realty in Beverly Hills has proclaimed this 1-acre Mediterranean-inspired estate in Pacific Palisades "a one-of-a-kind architectural masterpiece" – and for good reason. Set just minutes from The Village, the sweeping 12,900-square-foot property features jetliner views from the Los Padres Mountains to the coastline of Santa Monica Bay and "Queens Necklace" of distant Palos Verdes, indoor/outdoor living spaces and a full portfolio of amenities for modern luxury living.