If you’ve been hoping to score the “crown jewel” of Santa Barbara, CA, this might be of interest.

Listed for $88 million, the 11-acre Hope Ranch compound is said to be owned by Joi Stephens, daughter of the late John Stephens, creator of the Jonny Cat kitty litter brand, according to The Wall Street Journal. The nearly nine-digit asking price makes it this week’s most expensive home

As for why it’s considered worthy of a crown? It’s the first time this hilltop property has been on the market in over 50 years.

Other pricey properties this week include a sprawling California penthouse, a Colorado mountaintop mansion, and an oceanfront peninsula in Florida.

Here’s a full look at this week’s 10 most expensive homes.

10. 4904 Tortuga Pl, Austin, TX 

Price: $26,995,000
Lakefront lifestyle: This slick estate is said to be owned by oil heir/tech investor Alex Davis, grandson of the founder of Davis Petroleum.

Offering 115 feet of frontage along the shores of Lake Austin, the gated property boasts a putting green, “resort-style” pool, and two-story boat dock with an upper lounge—the ideal spot to soak in those water views.

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9. 78-107-A Holua Rd, Kailua Kona, HI 

Price: $28,000,000
Ha’ikaua Point property: This spectacular 1.3-acre property sits on its own private peninsula overlooking the Kona Coast.

The family compound includes a main residence, two seaside bungalows, and a separate dwelling with an office. Offered fully furnished, the waterfront property provides unobstructed views of the Pacific Ocean and more than 600 feet of private shoreline. Several lanais and terraces offer a front-row seat to spectacular sunsets.

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8. 1200 Club View Dr Ph 22, Los Angeles, CA 

Price: $28,950,000
Primo penthouse: Adjacent to the Los Angeles Country Club, this nearly 8,000-square-foot penthouse spans the entire 22nd floor of the Beverly West building.

Offering city and ocean views, the ultraluxe condo has private elevator access. It sold in 2018 for $8,750,087 and has since been remodeled. The sellers will score a sizable profit if they reel in anywhere near the $3,630-per-square-foot asking price.

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7. 5900 Bonsall Dr, Malibu, CA 

Price: $29,500,000
Modernist in Malibu: This 4-acre spread tucked away in Bonsall Canyon is connected to its natural surroundings.

Twenty years in the making, this recently completed home with a butterfly roof has glass walls with spectacular views.

The 7,200-square-foot glass, steel, and concrete structure is flanked by a pool with a spa, an outdoor kitchen, and professional equestrian facilities.

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6. 307 Rockledge Rd, Vail, CO

Price: $29,900,000
Mountaintop mansion: This recently built estate offers jaw-dropping mountain and Gore Range views.

Offering direct access to the ski slopes, the prime location is a short walk to Vail Village. Floor-to-ceiling glass walls and stone, wood, metal accents are found throughout the luxurious, 6,112-square-foot space. A 2,000-square-foot, heated, outdoor living space is outfitted with a custom hot tub and an open-air kitchen.

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5. 81307 Amundsen Ave, La Quinta, CA 

Price: $32,000,000
Desert digs: This gated, desert compound sits on nearly 2 tranquil acres within the Madison Club community.

Built in 2010 and designed by area architect Kristi Hanson, this 17,528-square-foot modern manse was made for entertaining. According to the Desert Sun, the swanky space features a 3,000-gallon fish tank, an “industry-standard” movie theater, and a primary suite with a sunken bathtub.

Other impressive highlights include an outdoor living room, a private tee box on a practice facility, a pool, and a three-bedroom guesthouse.

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4. 233 E Cooper Ave Unit P3, Aspen, CO

Price: $49,250,000
Monarch on the Park palace: Only time will tell if the sellers of this 5,510-square-foot condo can fetch their nearly $9,000-per-square-foot asking price.

Built in 2008, the glass-encased modern mansion provides stunning views of Aspen Mountain. Listing details indicate the place is quite the rarity: “This extraordinary penthouse cannot be replaced under today’s building codes.”

Direct elevator access from a private, heated, two-car garage leads to a stylish interior surrounded by floor-to-ceiling glass. The perfectly positioned perch is steps from the gondola, Wagner Park, and Aspen’s restaurants and shops. An additional 5,000 square feet of outdoor living space includes a wraparound terrace, hot tub, and fireplace.

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3. 41 Arvida Pkwy, Coral Gables, FL

Price: $57,000,000
Picturesque peninsula: When energy exec Steven Lempera purchased this 1.2-acre, 19,000-square-foot estate for $25.5 million in 2019, it was the “most expensive deal in the city since 2017.”

Now, he’d like to more-than double his money with a sale. Designed by Miami-based architect Ramon Pacheco, the 2018-built waterfront property offers direct access to Biscayne Bay and the Atlantic Ocean. The property also has a private boat dock large enough to accommodate a 170-foot yacht.

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2. 684 Firth Ave, Los Angeles, CA

Price: $68,000,000
The Getty House: The eye-popping design of this 14,779-square-foot mansion’s exterior was intended to vibe (and jibe) with the neighboring Getty Museum.

Designed by architect Thomas Juul-Hansen, it was built for home-furnishings magnate Evan Cole, according to Mansion Global. Glamorous highlights include a home theater, fitness center, wine cellar, an infinity-edge pool, outdoor kitchen, and a rooftop deck.

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1. 4400 Via Abrigada, Santa Barbara, CA

Price: $88,000,000
Hope Ranch compound: This legacy property owned by a kitty litter heiress sits on more than 11 acres with ocean and mountain views. The property has a private beach and is a blank canvas that will allow a buyer to create an “unparalleled estate,” the listing notes.

The grounds include three adjoining parcels—enough room to build a 20,000-square-foot main residence and two guesthouses. Currently, an updated, 7,265-square-foot, 1961-era home with a pool and pool house occupy the land. The lovely locale is just minutes from downtown Santa Barbara and Montecito.

The post Here’s the Scoop: Kitty Litter Heiress’ $88M Santa Barbara Compound Is This Week’s Most Expensive Home appeared first on Real Estate News & Insights | realtor.com®.