Paris Hilton and her husband led the US real estate market in June with their pricey purchase of Mark Wahlberg’s former mega-mansion.
The mammoth Beverly Hills estate cost Hilton and her venture capitalist husband, Carter Reum, a cool $63 million.
Their purchase topped out Redfin’s top 10 list of the country’s most expensive home sales, as did five other California-based transactions. Agents told CNBC the recent ranking reflects a pattern of luxury real estate regaining momentum in fire-ravaged Los Angeles.
Paris Hilton, pictured in June. GC Images
Hilton and her husband, Carter Reum, share two children — and a new place to call home. Evan Agostini/Invision/AP
Wahlberg and his wife Rhea Durham sold the impressive property for $55 million in 2023. Paul Barnaby
Indeed, Hilton and Reum, who share two young children, lost their $8.4 million oceanfront Malibu home to the Palisades Fire — one of several that raged through the state in January. Hilton was candid about the loss in a post to her millions of Instagram followers.
“Sitting with my family, watching the news, and seeing our home in Malibu burn to the ground on live TV is something no one should ever have to experience,” the heiress and influencer wrote.
The sheer scale of her family’s new home makes its eye-watering $63 million price a little more understandable.
A sun-lit dining room. Paul Barnaby
One of two kitchens in the main house. Paul Barnaby
A wine and cigar cellar with a tasting area. Paul Barnaby
The outdoor pool includes a grotto, waterfalls and waterslides. Paul Barnaby
The nearly 30,500-square-foot spread sits on 6 private acres. The extensive grounds feature a sports court, a skate park, a five-hole golf course and a pool worthy of a waterpark. A main house and a guesthouse include a collective 12 bedrooms — as well as a wine and cigar cellar, a home theater and staff quarters.
The mansion’s sellers made a tidy profit from the deal, CNBC reported, even accounting for Los Angeles’ hefty mansion tax. Their success makes Mark Wahlberg’s $55 million sale of the home in 2023 look sadly premature.
Hilton and Reum’s purchase is currently the fifth priciest home sale of 2025, according to Redfin.
Nicole Plaxen, an agent with the Beverly Hills Estates, told CNBC that LA’s luxury market is being driven by displaced homeowners like Hilton. Plaxen also noted a return in foreign buyers, especially from China.
The Palisades Fire claimed modest starter homes and A-lister mansions alike. London Entertainment for NY Post
Hilton closed on the home five months after losing her family’s Malibu beach house. Paul Barnaby
The other 50% of Redfin’s chart-topping June sales took place elsewhere: Three in coastal Florida, one in Manhattan and another on Lake Tahoe’s Nevada side. All 10 sold for more than $30 million.
New York’s appearance in the June rankings was credited to the sale of a 50-foot-wide mansion in Midtown Manhattan. The sprawling 22-bedroom residence just off Fifth Avenue was built for a cousin of J.P. Morgan during the city’s Gilded Age. The seller, previously reported at real estate developer Orin Wilf, cinched a $38.2 million deal on the property.
Neither Wilf’s sale nor Hilton’s purchase comes even close to the year’s most expensive deal so far. That superlative belongs squarely with the $225 million sale of three adjacent beachfront properties in Naples, Florida. The April transaction marked the second-highest home sale ever in the US, trailing Ken Griffin’s $238 million penthouse purchase at 220 Central Park South in early 2019.