Staten Island’s luxury home market has some nice figures to show for the 2005-2012 period. Two transactions coming close to $4 million signal that the area, and more specifically the upscale neighborhood Todt Hill, has real estate appeal for the wealthy.

In the boom year of 2007, the 7,582 sqft home on 29 High Point Rd. sold for $3.9 million. Once recession hit, we had to wait until 2011 for a similar transaction: $3.7 million for the 13,155 sqft mansion on 125 Benedict Rd.

It is true that nothing compares to the price tags on the most expensive homes in Manhattan or Brooklyn, but the fact that Staten Island luxury home prices have been staying, with few exceptions, in the $3 million range is proof that buyers are willing to pay for great views and exclusive locations no matter the economic situation.

2012. 70 Wakefield Road
2011. 125 Benedict Road
2010. 16 Flagg Court
2009. 67 Nicolosi Loop
2008. 545 Ocean Terrace
2007. 29 High Point Road
2006. 74 Buttonwood Road
2005. 35 Peter Court
 

Browse our slideshow of the most expensive homes in Staten Island to find out more information about each property:

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Roxana Baiceanu

Roxana Baiceanu

Roxana is an associate editor with Multi-Housing News and Commercial Property Executive. In the past, she also created content for PropertyShark and Point2Homes’ blog pages. She also has 5 years of experience as a marketing copywriter.