Luxury Real Estate Headlines: Third Week in December 2014

Highlights from this week’s top news stories on luxury and global real estate, art, collectibles and home.

2014_12_19 Aspen_Colorado$65,000,000 USD| Aspen, Colorado | Aspen Snowmass Sotheby’s International Realty

In a survey conducted earlier this year, 64% of wealthy Americans said they were likely to buy a legacy home to keep in the family, according to a report published earlier this year by Sotheby’s International Realty, which surveyed about 700 affluent consumers around the world.”

The Ultimate Heirloom: A Sprawling EstateThe Wall Street Journal

What You Get for … $1,400,000The New York Times

On the Market: A contemporary barn-style residence in the countryside in Salisbury, ConnecticutArchitectural Digest

Bruce Willis’ lakefront lodge in the woods in Hailey, IdahoArchitectural Digest

House hunting: 6 classic Florida housesThe Week

Home Builder’s New Sweet SpotCNBC

Briggs Freeman Sotheby’s International Realty Expands Coverage Area To Represent Brand In Fort Worth, TexasSotheby’s International Realty

Housing Outlook 2015: 11 Predictions From The ExpertsForbes

Raleigh, North Carolina | Market Spotlight

Raleigh$7,800,000 USD | Raleigh, North Carolina | Hodge & Kittrell Sotheby’s International Realty

“Raleigh is the quintessential blend of southern charm and sophisticated urban living. As the capital city, perfectly situated between North Carolina’s majestic mountains and beautiful coastline, Raleigh offers world class shopping and dining, excellent education with proximity to universities, exceptional healthcare, and a wide variety of sporting and cultural opportunities. Raleigh is consistently ranked at the top of the ‘Best of’ lists because it is a premier city to live, work, and play. All of these factors combine to create a robust housing market here in the Research Triangle area; with its moderate climate, diverse workforce and affordable housing, it is a desired destination for people moving here. Recognized by both Forbes magazine and CNNMoney as ‘one of the nation’s fastest growing cities,’ we are confident that our real estate market will only continue to improve and thrive.”

– Joe Hodge, president, Hodge & Kittrell Sotheby’s International Realty

Search Luxury Real Estate in Raleigh, North Carolina > 

Warm Contemporary Elegance in Niagara On The Lake, Canada | Video House Tour

The early 1900′s Craftsman style exterior of this lakeside home was sympathetically restored and enhanced, while the interiors have been completely transformed to create a calming, comfortable and soothing residence. Dramatic windows on all sides provide abundant natural light from all directions creating a constantly changing ambiance. Spacious backyard and patio spaces make this home ideal for entertaining.

1 395 000 $ CAD | Niagra-on-the-Lake, Ontario | Canada Sotheby’s International Realty

Living in The British Virgin Islands: Sun, Sea and Stability

From the pages of RESIDE® | Luxury Homes and Lifestyles Around the World | Fall 2014 Caribbean Edition

The history of the British Virgin Islands (BVI) is the stuff of epic tales. Norman Island, at the southern tip of the chain, is said to be the setting for Robert Louis Stevenson’s “Treasure Island.” Nearby caves once hid riches plundered by pirates. The ocean floor is a graveyard for sunken ships.

Yesteryear’s swashbucklers are today’s sailors and divers. The sheltered waters of the BVI’s Sir Francis Drake Channel attract wind-chasing yachters, and the exotic marine world draws divers from all corners of the globe.

BVI 2$7,775,000 USD | Tortola, British Virgin Islands | British Virgin Islands Sotheby’s International Realty

More than 60 islands and cays make up the BVI. Less than a third are inhabited and those that are have managed to avoid the kind of overdevelopment seen in some parts of the Caribbean. BVIslanders, as the locals are called, are protective of their resources, and it shows in the pristine beaches, sapphire waters and palm-treed skyline. There are no high rises or casinos. For crowds, look elsewhere.

Tortola is the largest and the most populated island in the chain–which isn’t saying much in a territory with a total population of fewer than 30,000. Across the Channel lies Virgin Gorda, a secluded destination of yacht clubs and exclusive resorts ideal for those who value privacy. One of the BVI’s most famous sites is here: The Baths, a geological wonder of granite boulders that forms pools, grottos and swim-through caves. More adventurous types head to get-away-from-it islands like Jost Van Dyke, Great Camanoe and Anegada, which is the only coral island in the BVI’s volcanic chain. Divers love it here. The Caribbean’s largest barrier reef surrounds it, which explains old shipwrecks on the sea floor. It’s a virtual amusement park for underwater explorations.


$2,750,000 USD | Tortola, British Virgin Islands | British Virgin Islands Sotheby’s International Realty

The architecture of the BVI is in keeping with traditional Caribbean style. Residences are typically concrete construction with wide verandas, high ceilings and bright colors. The incorporation of pergolas, lush landscaping and local stone and woods softens the hard edges of the concrete. The choicest homes accentuate a sense of place. “If a home has a Caribbean Sea view with a vanishing-edge pool, everything else is forgiven,” says Dietmar Lichota, sales agent with BVI Sotheby’s International Realty in Tortola Lichota.

The vacation market is a consistent one: slow yet steady. Many international investors scout the second-home market on buying trips of the Caribbean. For those who decide to purchase in the BVI, economic and political stability is a big reason. Although self-governing, the BVI is an overseas territory of the United Kingdom. “You’re looking at $750,000 minimum to buy here–not an inconsiderable amount to invest in a foreign country thousands of miles from where you live,” says Lichota. “The stability pretty well guarantees it’s a safe place to invest.”

Virgin Gorda BVIPrice Upon Request | Virgin Gorda, British Virgin Islands | British Virgin Islands Sotheby’s International Realty

Article provided by Iyna Caruso exclusively for Sotheby’s International Realty®.

Discover More Island Escapes in the British Virgin Islands >

Luxury Real Estate Headlines: Second Week in December 2014

Highlights from this week’s top news stories on luxury and global real estate, art, collectibles and home.

2014_12_12_Black Forest_Colorad$1,950,000 USD | Black Forest, Colorado | Fuller Sotheby’s International Realty

The outside of the home, named Ventanas for its more than 300 windows, is an arc with 340-degree views of the Front Range.”

House hunting: 7 homes with gorgeous glass wallsThe Week

On the Market: A traditional Greek cliffside home with views of the sparkling Aegean SeaArchitectural Digest

House of the Day: A Historic Home from the Old WestThe Wall Street Journal

Luxury Living on the Mall Parking LotThe Wall Street Journal

What You Get for … $1,800,000The New York Times

In Berlin, New Spaces With Historic EchoesThe New York Times

New Baby Boomer Information From NAR ResearchNAR Economist Outlook Blog

The World’s Largest Truffle Goes to AuctionThe New Yorker

Petrus Leads Sotheby’s London Auction With Romanee-ContiBloomberg

2015 Color of the Year | Marsala

Pantone Marsala

Last week, Pantone®, the global color authority announced PANTONE® 18-1438 Marsala as the color of the year for 2015.

According to Pantone, Marsala can be viewed as a unifying element, a full-bodied color that is strong enough to be used alone as a statement color, or as an accent to other complementary colors like blues, greens, off-whites and browns.

Marsala is a seductive shade that exudes warmth and comfort in its surroundings, thus when incorporating this color into a room design, Pantone recommends it be considered for textured surfaces such as rugs and furniture. Both hearty and nurturing, Marsala is also a great color to accent in the kitchen and dining areas.

Explore places and spaces with hues inspired by Marsala.

Montana Window Marsala$2,548,000 USD | Bigfork, Montana | Glacier Sotheby’s International Realty

This lakeside estate has the feeling of a cozy lodge getaway. Sitting on its own private lake frontage, the home has its own boat dock, wine room and exercise room. Marsala hues are laced throughout each room in the home from paint to décor. Additional warmth comes from details such as exposed beams and accent lanterns.

North Carolina Dining Marsala$2,899,999 USD | Banner Elk, North Carolina | Mountain Sotheby’s International Realty

The South Beach Summit embodies the casual elegance of a mountain home. Floor to ceiling windows offer endless mountain range views and capture the sun as it both rises and set, connecting with nature in many rooms of the home. Use of marsala hues in the home complement the blues and greens of the outdoors.

California Living Room Marsala$19,995,000 USD | Dana Point, California | HOM Sotheby’s International Realty

A landmark on the cove, this stately oceanfront residence captures 270-degree panoramas of the beach, fairways, ocean and sunsets. Designed for entertaining and ease of living, the home is surrounded by ocean view terraces, mature gardens and includes a plunge pool, an outdoor fireplace and kitchen.

Dallas Theater Marsala$19,500,000 USD | Dallas, Texas | Briggs Freeman Sotheby’s International Realty

One of the most noted homes in Dallas, this stately gated estate exudes masterful design that is both elegant and liveable, with luxuries including a brick wine cellar, plush media room and multiple living areas. Warm and inviting, no detail was spared in the design of the home, making for a glamorous yet graceful lifestyle.

See spaces from 2014’s Color of the Year | Radiant Orchid >

West Indies Inspired Masterpiece in Wilmington, North Carolina | Video House Tour

This West Indies inspired masterpiece is set high on a bluff overlooking the Intracoastal Waterway and Atlantic Ocean. Old world architecture and precision craftsmanship can be found in every finish of this magnificent home designed by renowned architect Charles Dietsche.

$5,500,000 USD | Wilmington, North Carolina | Landmark Sotheby’s International Realty

New and Notable Luxury Properties for Sale | November 2014

From a wine country home in California to a palatial residence on the outskirts of Moscow, this month’s collection of exceptional properties for sale showcases exquisite lifestyles from around the globe.

St Helena_California$28,000,000 USD | St. Helena, California | Decker Bullock Sotheby’s International Realty

California- Created with the concept of a private, exquisite and exclusive resort, this compound offers an extraordinary blend of amenity, location and attention to detail. Ideally located between Napa, Yountville and downtown St. Helena, the home is minutes from world-class Napa wineries. With an approximately 10,000 square foot main residence, two guest suites and private staff apartment, the home also includes a 1,700-bottle wine cellar, gym, steam room and sauna, and elevator. Outdoor entertaining areas include a view-side terrace with covered outdoor kitchen and sparkling infinity pool, all embracing the unsurpassed view of the richly verdant Napa Valley.

Moscow_Russia5 347 618 885 RUB | Moscow, Russia | Moscow Sotheby’s International Realty

Russia- Hidden by a thick pine forest, this palatial home is part of the Nikolino villa settlement just outside Moscow. The exterior of the home is that of European aristocracy, while the interior resembles barocco palatial design. The nine bedroom home is complete with its own spa including, massage room, sauna, lounge and two swimming pools. The villa is surrounded by acres of ponds, pedestrian pathways and recreation meadows.

Miami_Florida$25,000,000 USD | Miami, Florida | ONE Sotheby’s International Realty

Florida- This oceanfront penthouse is located on the prestigious Fisher Island in Miami. With high ceilings and a sweeping terrace, the spacious top floor home as endless unobstructed views of the Atlantic Ocean. The five bedroom home has direct beach access, a separate master wing and state of the art appliances and systems throughout.

Costa Del Sol_Spain18.000.000 € EUR | Costa Del Sol, Spain | Kristina Szekely Sotheby’s International Realty

Spain- Located in southern Spain, this beach front residence has magnificent views of the Mediterranean Sea and all along the coastline with mountains in the backdrop. The six bedroom home was originally built in the 1970’s but has been completely updated, featuring marble floors, hand painted ceilings and murals and intricate moldings throughout. The home also features a rooftop terrace providing 360 degree views, an elevator, an outdoor pool as well as indoor pool and spa and a home cinema.

Home for the Holidays | Entertaining Tips

Holidays bring family and friends together to celebrate, reflect on the past year and look forward to a bright new year ahead. From tablescapes, to menus and more, the devil is in the details when designing the perfect event for your guests.

Jamie Horton, managing director for Harlequin London, UK’s leading source of luxury tableware, decorative accessories and lighting, shares his top tips on planning a festive holiday celebration to entertain family and friends.

No 14 Verbier - Harlequin LondonNo 14 Verbier courtesy of Harlequin London

Dining is one of the most magical experiences this time of year – so don’t skimp on dining accessories. Sparkling crystal flutes for champagne and exquisite porcelain tableware will ensure your evenings have a truly five-star feel.

Roaring Fire WyomingPrice Upon Request | Wilson, Wyoming | Jackson Hole Sotheby’s International Realty

Roaring log fires are an absolute must for holiday entertaining. Perfect ways to bring warmth and style to your holiday party include keeping extra firewood in decorative baskets and adorning couches with lush throws.

Harlequin London Christmas Roses Table FlowersChristmas Table – Courtesy of Harlequin London

When it comes to your holiday dining table, don’t be boring! Unusual colors will bring your table to life and work really well to create something memorable. Also, think about the color wheel, and go for subtle splashes of complementary colors against your main hue, to keep the scheme from looking monotone.

Table setting London£6,950,000 GBP | London, England | London Sotheby’s International Realty

No holiday is complete without beautiful floral arrangements adorning dining tables, mantelpieces and staircases alike. Combine lower-level pieces in subtle whites to add pretty interest with more dramatic arrangements using traditional winter foliage to give a truly festive and striking feel.

Christmas Table Candles - Harlequin LondonChristmas Table – Courtesy of Harlequin London

Candlelight is an essential part of winter – layer up your lighting to enhance the cozy feel with plenty of lanterns and tea lights alongside sophisticated table lamps.

Once the scene is set, you’re ready to share a memorable holiday with your dearest companions. Wishing you a wonderful holiday celebration!

Jamie Harlequin CEO

Many thanks to our guest blogger, Jamie Horton, managing director at Harlequin London. Follow Jamie on Twitter at @J_F_Horton and Harlequin London at @harlequinldn. Visit Harlequin London.

Luxury Real Estate Headlines: First Week in December 2014

Highlights from this week’s top news stories on luxury and global real estate, art, collectibles and home.

2014_12_5_Greenwich_Connecticut$5,995,000 USD | Greenwich, Connecticut | Sotheby’s International Realty- Greenwich Brokerage

More builders are adopting the craftsman look—but are ditching the low ceilings and dark rooms.”

Home Buyers Embrace the ‘Contemporary Craftsman’ LookThe Wall Street Journal

House of the Day: Modern Design and Views for MilesThe Wall Street Journal

WSJ House of the Week: Timeless Homes for Every TasteThe Wall Street Journal

Sophisticated View Apartments on Nob HillHaute Living

On the Market: A lakeside farmstead with views of the Rocky MountainsArchitectural Digest

On the Market: A historic Mediterranean-style homeArchitectural Digest

On the Market: A Victorian charmer with a white picket fence about an hour outside of New York CityArchitectural Digest

On the Market: A hillside castle with Baroque grandeur in Baden Wurttemberg, Germany—Architectural Digest

Home of the Day: Private estate at The Oaks of CalabasasThe Los Angeles Times

Home of the Day: W.C. Tanner-designed Revival in Los FelizThe Los Angeles Times

Burmese Rubies, Colored Diamonds And Cartier Lead Sotheby’s Hong Kong SaleForbes 

Privately Owned Turner Masterpiece Under The Hammer At Sotheby’sArtlyst