Libertina Brandt

A couple who grew up near the estate spent years assembling the property, which grew to nearly 1,000 acres at its peak.

At Bay View, the historic homes rarely come on the market. Buying one requires four recommendations—and patience.

THE DEAL: A gated estate in California's Hillsborough sold for $70 million—double the previous home-sale record for the affluent town, according to the listing agent.

A buyer working in the industry paid $70 million for a gated estate in Hillsborough.

THE DEAL: A waterfront home with its own nightclub in Miami Beach, Fla., has sold off-market for $51.5 million.

The owners built a house for retirement, with three stories and a large outdoor patio.

THE DEAL: A waterfront home with its own nightclub in Miami Beach, Fla., has sold off-market for $51.5 million. The sum is a record for the gated Hibiscus Island, according to Denis Smykalov of Wolsen Real Estate, who represented the seller.

THE DEAL: Travis Kelce has purchased a lakefront home in Ohio for $5.35 million, according to people familiar with the deal and property records.

Bratenahl, where the Kansas City Chiefs tight end purchased a $5.35 million mansion, is home to Gilded Age properties that draw some of Cleveland’s wealthiest home buyers.

With miles of shoreline on Lake Erie, Bratenahl, Ohio, is an exclusive residential community about 10 minutes east of downtown Cleveland.