What a difference a few years can make. There was a time not long ago when a million bucks looked like the entry ticket to the American Dream, especially in overheated housing markets in major metropolitan areas. No more. These days, a million dollars once again buys a lot of luxury in a depressed housing market. We looked to our Best Cities for 2008 to showcase exclusive homes around the country in this high-end price category. Check out what we found.
The slide show begins with the navigation to the right.
MORE:
What $250,000 Buys You
What Can You Buy for $500,000?
How Much Can You Buy for $750,000?
By Cindy Schwalb & Amy Pollak
Raleigh, North Carolina
Asking Price: $944,500
Square Feet: 4,265
Bedrooms: 3
Bathrooms: 3.5
Located on a quarter acre of land, with a three-car garage, this new home has plenty of space. Luxury features include a chef's kitchen, high ceilings, two-sided fireplace and a wetbar.
Sponsored Content
Sacramento, California
Asking Price: $950,000
Square Feet: 2,531
Bedrooms: 4
Bathrooms: 2
Built in the 1920s, this was the first house built on the block and has had only two owners since. With an updated kitchen featuring a Viking range, covered patio, two staircases and hardwood floors throughout, this home has modern amenities, old-fashioned touches, and a price tag just under the million-dollar mark.
Sponsored Content
Austin, Texas
Asking Price: $995,000
Square Feet: 4,226
Bedrooms: 4
Bathrooms: 4.5
This home on a cul-de-sac in Barton Creek Resort is about ten miles from downtown Austin. Features include a gourmet kitchen, balcony fireplaces and ample covered outdoor living space, with a separate outdoor kitchen.
Sponsored Content
Des Moines, Iowa
Asking Price: $998,500
Square Feet: 3,382 (not including finished walkout level)
Bedrooms: 4
Bathrooms: 3.5
Located in Owl's Head, one of Des Moines' historic districts, this home was custom built with a Victorian influence -- in 2006. Details include custom iron work and hand-crafted wood working. An additional 1,300 square feet is added in a finished lower level walkout.
Sponsored Content
Houston, Texas
Asking Price: $1,075,000
Square Feet: 4,080
Bedrooms: 4
Bathrooms: 3.5
Located less than three miles from downtown Houston, this new Georgian revival home has New Orleans style. A luxury kitchen with Thermador appliances, a wine room and a walk-in pantry are featured amenities. A garage apartment and bricked courtyard also make this home stand out.
Sponsored Content
Provo, Utah
Asking Price: $1,150,000
Square Feet: 4,204
Bedrooms: 4
Bathrooms: 5
To the west of Provo, following the Wasatch Moutain Range, there's Springville, an exclusive bedroom community with homes like this secluded chalet on the back nine of Hobble Creek Golf Course. Designed to maximize both indoor space and outdoor views, the great room has a 26-foot vaulted ceiling set with an equally dramatic timber mantel. There's a hot tub on the master suite's private deck.
Sponsored Content
Omaha, Nebraska
Asking Price: $1,295,000
Square Feet: 6,552
Bedrooms: 4
Bathrooms: 5
Many extras add to the price of this home -- a circular driveway, grand foyer, nine-foot ceilings, plus granite, limestone and marble embellishments throughout. Then there's an exercise room and three fireplaces. Finer details? How about heated floors in the master bedroom, a power humidifier, exercise room, a hearth room, and a professional chef's kitchen.
Sponsored Content
Colorado Springs, Colorado
Asking Price: $1,699,000
Square Feet: 7,700
Bedrooms: 5
Bathrooms: 7
This distinctive mountain estate turns every day into a vacation--well, almost. There's a Hawaiian-themed media room and an Italian bar with a built-in espresso machine for more entertaining. For a spa retreat, look no further than the master suite, where you'll find a unique teak soaking tub that has a nine-foot waterfall. Great views of Pike's Peak, too.
Sponsored Content
Boise, Idaho
Asking Price: $1,850,000
Square Feet: 5,500
Bed Rooms: 4
Bathrooms: 5
This lakefront property in nearby Eagle sports a secluded, private setting. Inside there is a chef's kitchen and architectural details, such as interior columns, tray ceiling and hand-hewn beams.
Sponsored Content
Fayetteville, Arkansas
Asking Price: $2,690,000
Square Feet: 7,506
Bedrooms: 5
Bathrooms: 4.5
Yes, the price is far beyond the budgets of most Americans. But is this a gated mansion in Arkansas, or a country estate in Europe? Along with high-end interior decor from marble floors to a designer kitchen, the media room includes five TVs and a wetbar. The grounds include a pool, spa, fountains and a guest house.
MORE:
What $250,000 Buys You
What Can You Buy for $500,000?
How Much Can You Buy for $750,000?
Sponsored Content
-
Four Ways to Maximize Your 401(k) Contributions Before the Year EndsTo maximize your 410(k) contributions in 2024, assess how much you’ve contributed so far, check your employer’s match, take a look at your budget and consider increasing how much you set aside per paycheck.
-
For a More Secure Retirement, Build in Some 'Safe Money'To solidify your retirement plan, write it down, reduce your market risk and allocate more safe money into your plan for income.
-
AI Regulation is Looming: Kiplinger Economic ForecastsEconomic Forecasts Find out what Washington and regulators have planned for artificial intelligence.
-
32 Ways to Make Extra Money in 2024business Check out these cool side hustles to earn bonus bucks this year.
-
12 IRS Audit Red Flags for the Self-Employedtaxes If you are self-employed, minimize the odds of an IRS audit by avoiding these audit triggers.
-
Business Cost Outlooks for 2022: Eight Key SectorsEconomic Forecasts What’s in store for all sorts of business costs in 2022?
-
PPP Loan Basics for Small Business OwnersCoronavirus and Your Money Although uncertainty and confusion have surrounded the Paycheck Protection Program since its launch, that shouldn't stop small business owners from participating in the loan program, which was just extended to May 31.
-
"Above-the-Line" Deductions for Your 2021 Tax ReturnTax Breaks If, like most people, you claim the standard deduction instead of itemized deductions on your return, there are still many other tax deductions available that could save you a lot of money.
-
The Biden Tax Plan: How the Build Back Better Act Could Affect Your Tax BillPolitics Depending on your income, the Build Back Better Act recently passed by the House could boost or cut your future tax bills.
-
Kiplinger's 2020 Election ForecastPolitics For nearly a century, The Kiplinger Letter has forecasted the outcome of presidential elections to keep readers informed of what's coming and what it means for them. Here's our call for 2020.
