The housing market in California provides an intriguing overview of the variety of luxury and lifestyle choices available throughout the state. For $5 million, you can uncover an array of options, ranging from contemporary architectural masterpieces overlooking spectacular coastlines to extensive estates boasting rich historical allure. Whether you are captivated by sweeping ocean vistas in Long Beach, the graceful Spanish architecture in Santa Barbara, or the private seclusion found in Anaheim’s elite neighborhoods, California’s real estate offers distinctive characteristics that reflect its renowned regions. Envision residences with expansive alfresco living spaces, upscale kitchens, guest casitas, and high-quality finishes that elegantly merge style and comfort. Join us on a journey to discover what $1 million can unveil in one of the nation’s most vibrant housing markets.
10. Encino, CA – $5,199,000
This residence in Encino is listed at $5,199,000. Covering 6,370 square feet, this single-family dwelling, constructed in 1965, offers six bedrooms and seven bathrooms. Nestled on an 11,129-square-foot parcel, the property features an open concept layout with a dining area, a family room with a stone fireplace, and large pocket sliding doors that enhance the indoor-outdoor experience. The chef-inspired kitchen showcases marble countertops, an expansive island, a butler’s kitchen, and a cozy breakfast nook. Outdoor amenities feature a covered patio deck, an outdoor cooking area, a spa, and a rooftop deck with scenic views. The primary suite boasts a fireplace, a walk-in closet, a luxurious bathroom, and a private balcony.
Listing Agent: George Ouzounian @ The Agency Via Coldwell Banker Realty
9. Los Angeles, CA – $5,480,000
This is what you can purchase in Los Angeles for $5,480,000. Encompassing 4,374 square feet, this single-family residence, erected in 2021, features five bedrooms and five bathrooms. The property boasts an open-concept layout with sophisticated finishes and ample natural light. The kitchen is a culinary haven geared toward efficiency, while the living space transitions seamlessly to a patio designed for outdoor enjoyment. Additional conveniences include a two-car garage and modern systems ensuring comfort. The home is conveniently situated near dining establishments and educational institutions within the Westwood and Beverly Hills sectors of Los Angeles.
Listing Agent: May Arroyo @ Premier Properties Realty Prof Via Coldwell Banker Realty
8. San Francisco, CA – $5,350,000
All of this for $5,350,000 in San Francisco. This 3,898-square-foot single-family home, built in 2014, encompasses five bedrooms and five bathrooms across two legally defined units. The main residence consists of four bedrooms, 3.5 bathrooms, a family room, a professional-grade kitchen featuring a Heath Ceramics tile backsplash, and a living/dining area with floor-to-ceiling windows that captivate with dramatic views. The lower unit features one bedroom, one bathroom, a spacious entertaining space, and a patio, ideal for use as a guest suite or home office/gym. The top level accommodates the primary suite, which includes a sizable patio, a custom walk-in closet, and a spa-like bathroom. The property is further enhanced with two single-car garages and is enveloped in reclaimed redwood siding sourced from Moffett Field’s Hangar One.
Listing Agent: Frank A Nolan @ Vanguard Properties Via Coldwell Banker Realty
7. Sacramento, CA – $5,200,000
Here is an instance of what $5,200,000 can get you in Sacramento. This 9,015-square-foot single-family home, constructed in 2001, occupies a private 1.5-acre gated estate in Sierra Oaks Vista. The property includes six bedrooms, nine bathrooms, and a separate 1,000-square-foot spa building featuring a jacuzzi, steam shower, and fitness center. Outdoor amenities comprise a solar-heated pool, a full-size illuminated tennis court complete with a courtside bar cabana, an outdoor fireplace cabana, and a custom BBQ kitchen. The main dwelling, crafted by architect Seiss Wagner, showcases imported Italian and Greek stone, tile, and marble, three fireplaces, and a grand living space with ceilings reaching 40 feet. Additional highlights feature all en-suite bedrooms with private balconies, a ground-floor primary suite, and an elevator providing access to the second level.
Listing Agents: Anthony Estigoy & Tatiana Bedoya @ Nick Sadek Sotheby’S International Realty Via Coldwell Banker Realty
6. Carmel Valley, CA – $5,175,000
This is what $5,175,000 can offer you in Carmel Valley. This 5,986-square-foot single-family home, completed in 2003, features six en-suite bedrooms with walk-in closets and 7.5 bathrooms, one of which is for the pool. The property includes a secluded backyard complete with a pool, rock slide, jacuzzi, fountains, a firepit, BBQ area with island seating, and a covered veranda with lighting and fans. The interior boasts soaring ceilings, a foyer and family room with 30-foot ceilings, a gourmet kitchen with a walk-in pantry, Viking appliances, and a great room highlighted by a fireplace and bar. Additional aspects include a primary suite featuring two walk-in closets, a spa tub, and a built-in safe, along with a guest room offering a private balcony. The property includes a three-car garage, a circular driveway that can accommodate four vehicles, and is ideally placed near the Grand Del Mar and the golf course.
Listing Agents: Brett Dickinson & Ross Clark @ Compass Via Coldwell Banker Realty
5. San Jose, CA – $4,995,000
In San Jose, this illustrates what $4,995,000 can procure. This 5,712-square-foot single-family home, constructed in 1923, comprises six bedrooms and five bathrooms. Occupying a 50,300-square-foot lot in the Rose Garden district, it stands as one of the largest properties in the locality. The house features a generous dining room adorned with floor-to-ceiling windows oriented southeast for abundant natural light. The sumptuous foyer and spacious interiors impart a remarkable scale uncommon in the Bay Area. The property boasts a sizable backyard ideal for outdoor gatherings.
Listing Agent: Raymond Lee @ Clarity Capital Group Via Coldwell Banker Realty
4. Long Beach, CA – $4,900,000
For $4,900,000, here’s what awaits you in Long Beach. This 3,387-square-foot single-family home, constructed in 1956 and designed by Edward Killingsworth, FAIA, encompasses four bedrooms and four bathrooms. Located on a 40-foot corner lot, the residence provides sweeping views of the Pacific Ocean, Catalina Island, the Palos Verdes Peninsula, and Downtown Long Beach. The second level boasts a layout that maximizes openness, with ocean views seen from almost every room, a living room with bifolding Nano Walls, a Catalina rock fireplace, and vaulted ceilings. The lower level features two bedrooms, two bathrooms, a laundry room, and an entertainment area with a wood-burning fireplace and expansive picture windows. Additional highlights include an elevator, a two-car garage, an enclosed carport, and outdoor areas such as a central terrace and atrium.
Listing Agent: Blake Nicolai @ RE/MAX R. E. Specialists Via Coldwell Banker Realty
3. Santa Barbara, CA – $5,495,000
This expansive property in Santa Barbara can be yours for $5,495,000. Spanning 5,339 square feet, this single-family residence, constructed in 1977, is situated in the Upper Riviera neighborhood and features four bedrooms and 3.5 bathrooms. The estate provides stunning views of the city skyline, coastline, ocean, harbor, and islands from most areas. Outdoor features include several patios and terraces totaling approximately 2,400 square feet, an outdoor kitchen equipped with a pizza oven, and various seating zones. Inside, the home features a private office and a well-hidden elevator that grants access to much of the residence. This estate marries Spanish-style architecture with high-end finishes and functional design elements for utmost comfort.
Listing Agent: Stephen Epstein @ Keller Williams Realty Santa Barbara Via Coldwell Banker Realty
2. Anaheim, CA – $5,249,900
In Anaheim, $5,249,900 will allow you to acquire this residence. This 8,936-square-foot single-family home, constructed in 1960, is nestled within the Peralta Hills enclave and features eight bedrooms and seven bathrooms. The property includes dual staircases, six fireplaces, and a chef’s kitchen with stone countertops, mahogany cabinetry, and a substantial center island. The upper level is reserved for the primary suite, featuring a private ensuite bathroom, a walk-in closet, and picturesque views. Additional highlights feature a library adorned with custom Honduran mahogany bookshelves, multiple formal dining and living rooms, and a separate guest house. Outdoor amenities comprise a pool, spa, and private north/south tennis court, all set on a one-acre gated property.
Listing Agent: Lara Tooma @ First Team Real Estate Via Coldwell Banker Realty
1. Palm Springs, CA – $4,995,000
In Palm Springs, I’d claim you receive the most modest residence for $4,995,000. This 5,746-square-foot single-family home, anticipated to be completed in 2024, will feature four bedrooms, six bathrooms, and a five-car attached garage on a 27,000+ square-foot lot in South Palm Springs. The property will include a one-bedroom casita comprising a living room, kitchen, and bathroom. Outdoor features will incorporate a large swimming pool, a pool cabana with a full bathroom, an island, a BBQ area, and a changing/massage room. The residence will also contain a separate pool cabana for added convenience. All designs and renderings are subject to change as determined by the owner or buyer, including interior finishes.
Listing Agent: William Taylor @ Desert Elite Properties, Inc. Via Coldwell Banker Realty
