Most Expensive Residential Streets
- Nelsons Walk in Naples is the most expensive street in the U.S. with property values reaching $12,366 per square foot.
- Florida dominates America’s luxury real estate market with four entries in the top ten most expensive streets.
- The price gap between luxury streets and average homes is extreme, with some streets commanding prices over 270 times their state’s median home value.
A recent study by CasinooftheKings identified and ranked the most expensive residential streets in the United States based on current property listings. The research gathered data from various real estate platforms, focusing on luxury properties across cities like Boston, Miami, Houston, New York, and San Antonio. Streets were ranked in descending order based on the average listing price to determine the most expensive residential areas.
| Street Name | City | State | Average Home Price | Average Sq ft | Average Home Price Per Sq Ft | Median owner-occupied home value by state |
| Nelsons Walk | Naples | Florida | $106,285,714 | 8,595 | $12,366 | $381,000 |
| Tahiti Beach Island Road | Coral Gables | Florida | $77,140,000 | 15,031 | $5,132 | $381,000 |
| Indian Creek Island Road | Indian Creek Village | Florida | $71,990,000 | 14,610 | $4,927 | $381,000 |
| Central Park South | New York City | New York | $17,695,000 | 3,987 | $4,438 | $420,200 |
| Rodeo Drive | Beverly Hills | California | $124,340,000 | 31,210 | $3,984 | $725,800 |
| Coopers Neck Lane | Southampton | New York | $51,585,000 | 14,861 | $3,471 | $420,200 |
| Broad Beach Road | Malibu | California | $16,250,000 | 4,779 | $3,400 | $725,800 |
| Arvida Parkway | Coral Gables | Florida | $44,500,000 | 14,884 | $2,990 | $381,000 |
| Newbury Street | Boston | Massachusetts | $20,000,000 | 7,550 | $2,649 | $570,800 |
Nelsons Walk ranks 1st with a $12,366 price per square foot, the highest in the nation. This Naples street commands prices 279 times higher than Florida’s median home value, featuring smaller but premium-designed properties averaging 8,595 square feet, significantly less space than other top Florida streets but at substantially higher premiums.
Tahiti Beach Island Road secures second place with properties valued at $5,132 per square foot, less than half of Nelson’s Walk’s rate. Located in Coral Gables, homes on this street average 15,031 square feet, nearly twice the size of those on Nelson’s Walk, while still commanding prices 202 times Florida’s median home value.
Indian Creek Island Road ranks 3rd with a $4,927 price. Properties on this Florida island feature competitive pricing with nearby Tahiti Beach Road while offering slightly less square footage (14,610 sq ft), yet still demand prices 189 times the state’s median home value, bolstered by the island’s security and privacy.
Central Park South ranks 4th with a $4,438 price per square foot. These New York City properties feature the smallest average size among the top streets at just 3,987 square feet, yet command prices 42 times higher than New York’s state median, highlighting the premium placed on Central Park views and Manhattan prestige.
Rodeo Drive ranks 5th with a $3,984 price per square foot and the highest average home price at $124.3 million. Beverly Hills properties on this iconic street feature the largest average size (31,210 sq ft) among all ranked streets, reflecting Hollywood’s preference for expansive estates while still commanding prices 171 times California’s median home value.
Coopers Neck Lane ranks 6th with a $3,471 price per square foot. Southampton homes here average 14,861 square feet, commanding prices 123 times New York’s median home value while offering proximity to Manhattan and spacious beachfront living.
Broad Beach Road ranks 7th with a $3,400 price/square foot. Malibu properties on this street average just 4,779 square feet, the second smallest on the list, yet command prices 22 times California’s median home value, emphasizing the premium placed on oceanfront Malibu locations despite smaller home sizes.
Arvida Parkway occupies eighth place with homes priced at $2,990 on average, about 12% less than Broad Beach Road. This Coral Gables street features properties averaging 14,884 square feet, comparable to other Florida luxury streets while commanding prices 117 times the state’s median home value, reinforced by waterfront access and proximity to Miami.
Newbury Street ranks 9th with a $2,649 price per square foot. Boston’s only entry on the list features properties averaging 7,550 square feet that command prices 35 times Massachusetts’ median home value, offering urban luxury with more space than New York City while maintaining a historic New England character unique among the ranked streets.
Walsh Road completes the top ten at $2,620 per square foot, just slightly lower than Newbury Street. Located in Atherton, California’s tech-wealth enclave, these homes average 10,688 square feet—41% larger than Newbury Street properties—while commanding prices 39 times California’s median home value, reflecting Silicon Valley’s influence on the luxury real estate market.
A spokesperson from CasinooftheKings commented on the study: “America’s luxury real estate represents a separate economic universe entirely detached from conventional housing markets. The 279-fold price differential between these elite streets and their state medians highlights how tax policy, global wealth flows, and hyperlocal exclusivity—not just property features—drive these valuations. Florida’s dominance signals a fundamental shift in where America’s ultra-wealthy choose to concentrate, creating invisible economic boundaries within communities that reshape everything from local infrastructure priorities to municipal tax strategies.”