Israel’s Most Expensive Home Just Got a Price Cut: Still Asking $210M
Russian-Israeli oligarch Valery Kogan has been trying to sell his mansion in Caesarea for six years. No luck yet, so he’s dropped the price from $260 million to $210 million, roughly NIS 630 million at today’s exchange rate.
06/05/202
The house is enormous. Kogan bought about 11 dunams of land in Caesarea in 2008 and built a 6,850 square meter mansion on it. Italian architects designed it, Italian specialists were brought over to build it, and the finishes include Italian marble and 14-karat gold fixtures throughout. Construction finished in 2015.
He first listed the property in 2020 through several agencies including Sotheby’s. Offers came in, at least one reportedly reached NIS 540 million, but Kogan turned them all down as too low. The property is currently being marketed by Davidson Real Estate, with most efforts aimed at overseas buyers.
To put the price in perspective: the Caesarea mansion is asking roughly three times what Roman Abramovich’s house and the Adelson family home in upscale Herzliya Pituah each fetched.
Whether NIS 630 million is realistic for a home in Israel remains an open question. So far, nobody has been willing to find out.
SOURCE:
Mirovsky, A. (2026, May 5). Israel’s most expensive home up for sale. Globes. https://en.globes.co.ilhttps://en.globes.co.il/en/article-israels-most-expensive-home-up-for-sale-1001542059