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A $60 million property at 51 West End Rd. in East Hampton, N.Y.

A $60 million property at 51 West End Rd. in East Hampton, N.Y.

Source: Douglas Elliman 

Businessweek

More Homes Than Ever Are Selling for $50 Million. What’s Inside?

Here are eight on the market right now.

After saying goodbye to the gardens they’d tended, the rooms they’d decorated, and the views they’d woken up to for 30 years, Barbara Macklowe and her husband, Lloyd, put their house on the market. Like other couples in their 80s, they’d decided their residence and their lifestyle were no longer a match. “I’m definitely slowing down,” Barbara says. “My kids have their own homes, and my grandchildren are getting older.”

Unlike the homes of other octogenarians, though, the Macklowes’ ­property—technically, their vacation house—listed at $60 million, about 173 times the median U.S. home sales price.