Homes: What you can buy for $4 million
Buyers with $4 million to spend on a home can buy fairly luxurious properties in just about any market.
There's a reason for that: Homes costing $4 million are almost 21.5 times more expensive than the national median home value, which is currently $186,100, according to Zillow.
These pricey properties often come with upscale features like luxuriously landscaped grounds, swimming pools, indoor or outdoor sports courts and breathtaking views.
But that doesn't mean all $4 million properties are created equal. For example, a three-bedroom condo can eat up your full budget in parts of New York City. A $4 million Chicago abode may come with an impressive Lake Michigan view, but it might still be tiny compared to what you could buy in less expensive markets far from the country's coasts. For the same amount of money, you could spread out on 51 acres in Colorado Springs with your own private hiking trails and views of Pikes Peak or in a 17-bedroom riverfront mansion in Wichita with fairy tale castle-like turrets and elaborately carved fireplaces.
Click ahead to see the luxurious pads you can purchase with $4 million in 10 cities across the country.
Brooklyn, New York
This three-bedroom, 1.5-bathroom condo in the Greenpoint neighborhood of Brooklyn is for sale for about $4 million. It is priced 4.2 times higher than the area's median home value of $949,300.
Brooklyn, New York
This penthouse unit, in a building constructed in 1931, is accessed by private elevator and has original wood floors and ceilings, exposed brick walls, built-in shelving, a balcony and a rooftop deck.
Calabasas, California
This six-bedroom, eight-bathroom house in Calabasas, California is listed for sale at about $4 million. It last sold in December 2005 for $2.364 million, about 59 percent the current price. It is priced more than three times higher than the area's median home value of $1,220,700.
Calabasas, California
The home has a refrigerated wine room, home theater with built-in speakers, a saltwater pool and spa, an outdoor kitchen and a one-bedroom guest house.
Atlanta, Georgia
This five-bedroom, 5.5-bathroom home in the Mt. Paran area of Atlanta is listed for $3.9 million. It was built in 2003 and is priced more than four times higher than the area's median home value of $891,800.
Atlanta, Georgia
The home is located on more than 8 acres of land with ponds, fountains, horse stables and pastures, and has a large spiral staircase, several fireplaces, decorative molding and built-in shelving and an office.
Seattle, Washington
This five-bedroom, seven-bathroom home in the Magnolia neighborhood of Seattle is for sale for $3.95 million. It last sold in May 1998 for $1.15 million, about 29 percent of the current asking price. It is almost five times more expensive than the area's median home value of $800,700.
Seattle, Washington
The house has an attached two-car garage, several patios, a tennis court and a swimming pool. Inside, there's an exercise room/yoga studio, a temperature-controlled wine cellar and several fireplaces. The property also has views of the Puget Sound and the Olympic Mountains, according to the listing.
Miami, Florida
This four-bedroom, five-bathroom home in Miami's South-West Coconut Grove neighborhood is listed for sale for $4 million. It last sold in May 2011 for $3.1 million, about 78 percent of the current price. It is about seven times more expensive than the area's median home value of $571,300.
Miami, Florida
The home is located on about an acre of land and is comprised of a main house with three bedrooms, two bathrooms and two half-baths and a one-bedroom, one-bathroom guest house. The home has a fireplace, outdoor fire pit, pool, spa and a covered patio with an outdoor kitchen.
Newport, Rhode Island
This four-bedroom, 3.5-bathroom home near Newport Harbor is for sale for $3.95 million. It's about 10 times more expensive than the area's median home value of $396,300.
Newport, Rhode Island
The home has a fireplace, fenced yard, eight-car garage, hot tub, pool, sauna, tennis court and a view of the water.
Fort Worth, Texas
This four-bedroom, five-bathroom home in Fort Worth's Mira Vista neighborhood is for sale for about $4 million. It is almost 14 times more expensive than the area's median home value of $287,800.
Fort Worth, Texas
The home has an indoor basketball court, several fireplaces, a wine cellar designed to look like a cave, a media room, swimming pool with a waterfall, outdoor kitchen and a three-car garage.
Chicago, Illinois
This three-bedroom, four-bathroom condo in the Streeterville neighborhood of Chicago is for sale for $3.95 million. It last sold in July 2006 for $2,425,000, about 61 percent of the current price. The home is more than 13 times more expensive than the area's median home value of $295,200.
Chicago, Illinois
The unit has views of Lake Michigan and Navy Pier, according to the listing, as well as a wood-paneled library, a movie projector and nine-foot screen in the family room, marble fireplaces and a balcony. It comes with two parking spaces in an attached garage and access to building amenities, including a fitness room.
Colorado Springs, Colorado
This six-bedroom, 10-bathroom home on 51 acres in the Black Forest area of Colorado Springs is for sale for $4 million. It was built in 2007 and is about 9.5 times more expensive than the area's median home value of $418,900.
Colorado Springs, Colorado
The home has a heated driveway, two three-car garages, a private bathroom and walk-in closet in each bedroom, five fireplaces, an indoor pool, movie theater, exercise room and a two-story indoor slide.
Wichita, Kansas
This 17-bedroom, 20-bathroom mansion on the Little Arkansas River is for sale for $3.5 million. It was built in 1886 and costs more than 38 times the area's median home value of $90,400.
Wichita, Kansas
The home, knowns as the Campbell Castle, was used as a luxury inn until 2013, according to its website. It has several elaborately carved fireplaces, stained glass windows, chandeliers and a large kitchen.