Luxury Real Estate Headlines: Second Week in September 2014

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

2014_9_12_Shelter Island$13,950,000 USD | Shelter Island, New York | Sotheby’s International Realty– Southampton Brokerage

I knew I had to have this house. It’s just a gorgeous, peaceful, quiet haven in the world, that’s all there is to it.”

A Sanctuary on Shelter IslandThe Wall Street Journal

Luxury Homes: Priced to Sell at $30 MillionThe Wall Street Journal

A Florida Home on Private Peninsula Will List for $60 MillionThe Wall Street Journal

James Turrell’s Gramercy Park Apartment­­—Architectural Digest

Kareem Abdul-Jabbar’s former home lists for sale in HawaiiLos Angeles Times

On the Market: A Historic Villa on Tenerife in the Canary IslandsArchitectural Digest 

Foodie Cities: Real Estate for the Restaurant SetThe Wall Street Journal

Mountain escape on the market for $9.9MSFGate

Home of the Day: Refined Mission-style in Agoura by Carl DayLos Angeles Times

Richard Landry sells Malibu barn house for $8.3 millionThe Los Angeles Times

Bunny Mellon’s Keen Eye Is a Boon to Sotheby’sThe New York Times

Top Five Most Expensive Items Ever Sold by Sotheby’sForbes

Turner’s Rome masterpiece to go on sale at Sotheby’sThe Telegraph UK

Iconic Edward Weston Images Hit the Auction BlockArchitectural Digest

Over the MoonSotheby’s 

Sotheby’s International Realty Brand Expands Presence in Pennsylvania

Central Market  EditSotheby’s International Realty Affiliates LLC today announced that  Prudential Lancaster Real Estate in Lancaster, Pennsylvania, is the newest member of its real estate network and now will operate as Lusk & Associates Sotheby’s International Realty.

Anne M. Lusk is owner of the firm, which has one office at 100 Foxshire Drive in Lancaster.  With the addition of this firm, the Sotheby’s International Realty® brand will have five independently owned and operated offices throughout the state of Pennsylvania in Philadelphia, New Hope, Kennett Square and Lancaster.

“The Lancaster market offers residents a beautiful rural landscape with convenient access to several major cities,” said Philip White, president and chief executive officer, Sotheby’s International Realty Affiliates LLC.  “We proudly welcome Lusk & Associates Sotheby’s International Realty to our network and the fine properties they represent.”

According to Lusk, the Sotheby’s International Realty brand affiliation creates new opportunities for her agents and clients.  “With the Sotheby’s International Realty global reach, we now have many added avenues of exposure for the homes we represent,” she said.  “We are focused on offering our clients a high level of custom service that addresses their unique needs.”

The Sotheby’s International Realty network currently has more than 15,000 independent sales associates located in approximately 720 offices in 52 countries and territories worldwide.  Lusk & Associates Sotheby’s International Realty listings are marketed on the sothebysrealty.com global website.  In addition to the referral opportunities and widened exposure generated from this source, the firm’s brokers and clients benefit from an association with the Sotheby’s auction house and worldwide Sotheby’s International Realty marketing programs.  Each office is independently owned and operated.

Search Luxury Real Estate in Lancaster, Pennsylvania >

Elegant Seaside Residence in Whale Beach, Australia | Video House Tour

Flawlessly designed by world-renowned architect Iain Halliday, and mentioned in Vogue Living as his favourite residential design, this exceptional seaside residence commands magical, uninterrupted views across Whale Beach to the central coast.

Price Upon Request | New South Wales, Australia | Sydney Sotheby’s International Realty

Philippines Real Estate | Market Spotlight

Phillippines_Market Spotlight

Price Upon Request | Forbes Town Center, Philippines | Philippines Sotheby’s International Realty

“Building on strong internal growth, driven by people with wealth that are investing in the country, the future in the Philippines’ real estate sector is bright,” says Philip Mareschal, chief executive officer, Philippine Sotheby’s International Realty. “The alliance with the Association of South East Asian Nations (ASEAN) region makes the country an attractive investment destination. Due to the nation’s strong economic growth from BPO (Business Process Outsourcing), off shoring industries, an increasing number of visitors and remittances from overseas Filipino workers and a young demographic, the Philippines is considered the prime option for residential, commercial and retail sectors. Our luxury residential market has been receiving more foreigner buyers as neighboring Asian countries implement cooling measures. Another trend we are seeing is Filipinos and foreigners are looking into countries for retirement. The climate, lifestyle, the people… easy living makes investing in real estate in Philippines more appealing as the value of their money goes a long away.”

Luxury Homes for Sale in the Philippines >

Luxury Real Estate Headlines: First Week in September 2014

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

2014_9_5_ItalyPrice Upon Request | Porto Cervo, Sardinia, Italy | Milan Sotheby’s International Realty

The Most Expensive Homes For Sale In the World Right NowForbes 

Asia House of the Day: Hillside Luxury in the Philippines The Wall Street Journal

A large Montecito estate lists for $125 millionThe Wall Street Journal

Marinas Are Having Their MomentThe Wall Street Journal

On the Market: A Modern Summer HomeArchitectural Digest

‘Temple of Light’ Afloat in SausalitoBloomberg

NRT’S Sotheby’s International Realty, Inc. Expands Presence in Malibu Sotheby’s International Realty

Chinese move into luxury Manhattan propertyBBC News

Home of the Day: Crisp Nantucket style in Pacific PalisadesThe Los Angeles Times

Home of the Day: a G.W. Smith Revival on the Santa Barbara RivieraThe Los Angeles Times

Edvard Munch’s Obsessive ImpressionsSotheby’s

Fivestory Hosts Preview of ‘Contemporary Curated’ AuctionWomen’s Wear Daily

New and Notable Luxury Properties for Sale | August 2014

From a villa with views of the Dubai skyline to two historic homes in Italy, this month’s collection of exceptional properties for sale showcases exquisite lifestyles from around the globe.

DubaiPrice Upon Request | Dubai, United Arab Emirates | Dubai Sotheby’s International Realty

Dubai- Located in the Beverly Hills of Dubai, this incomparable villa boasts 42,000 sq.ft. of exceptional modern design, sitting in a prime location, overlooking the Montgomerie Golf Course and Dubai skyline. The six bedroom villa has two kitchens, a private cinema room, Ayurveda spa area with hair salon, massage tables and luxurious steam and sauna area.

GeorgiaPrice Upon Request | Atlanta, Georgia | Atlanta Fine Homes Sotheby’s International Realty

Georgia- Located on 23+/- gated and fenced acres bordering the Chattahoochee River, this three home compound is a virtual oasis minutes from the hubbub of the city. Each has it’s own private gardens with pool. There are vast woodlands on the grounds along with a soccer field, lighted tennis court, family field house, putting green, Olympic Park fountain, classic car collection garage, gazebo, and security cameras.

Lucca Italy 130.000.000 € EUR | Lucca, Italy | Tuscany Sotheby’s International Realty

Italy- This unique property surrounded by plentiful gardens, is part of the historical villas of Fort deiMarmi built in 1940 by architect Tullio Rossi. The home boasts 15 bedrooms, 11 full baths, a pool and sprawling outdoor space for entertaining guests.

Lucca Italy 225.000.000 € EUR | Lucca, Italy | Tuscany Sotheby’s International Realty

Italy- This historical 18 bedroom mansion is surrounded by 50 hectares of land including gardens, olive trees, farmland and a pool. Set in the country, the home has 360 degree mountain and green space views.

Nevada$30,000,000 USD | Las Vegas, Nevada | Synergy Sotheby’s International Realty

Nevada- This sprawling private estate in Nevada boasts 32 acres and mountain views. The home includes stately equestrian facilities, terraces and outdoor spaces as well as a car showroom with 8 double door entries.

Newly Listed Luxury Properties for Sale >

Luxurious Private Beach Living in Carlsbad, California | Video House Tour

Extraordinary home with 200’ of lagoon waterfront and private beach for soaking up rays and water sports. This exquisitely designed 6,000 square feet home has it all, including  an epicurean kitchen, sparkling 25-yard pool and spa, volleyball and tennis court, koi pond with waterfall, private boat storage and launch. This exquisite home is truly an entertainer’s dream, offering spectacular lagoon views of water activities, wildlife, and gorgeous San Diego sunsets.

$6,950,000 USD | Carlsbad, California | Pacific Sotheby’s International Realty

NRT’S Sotheby’s International Realty, Inc. Expands Presence in Malibu

0172612-15Former Prudential Malibu Realty Rebrands with Sotheby’s International Realty, Inc.

Sotheby’s International Realty, Inc., a leading residential real estate brokerage firm representing fine properties in some of the nation’s most sought-after markets, announced today that it has acquired the assets of Terra Coastal Properties, Inc., which previously did business as Prudential Malibu Realty in Malibu, California. The operations of the respected 68-year-old firm will now conduct business as Sotheby’s International Realty. This acquisition will broaden Sotheby’s International Realty’s existing local operations in Malibu, which will now include three offices and more than 60 independent sales associates.

Under the leadership of General Manager Michael Novotny, Terra Coastal Properties has provided professional real estate services to the Malibu and Topanga communities since 1946. Novotny will join Sotheby’s International Realty as vice president and brokerage manager and will lead the company’s combined operations in the Malibu marketplace.

“Terra Coastal Properties has long been respected in Malibu as a premier real estate brokerage firm and it will be an ideal fit in our organization,” said Frank Symons, executive vice president and chief operating officer of Sotheby’s International Realty’s Western Region. “Their sales associates are deeply invested in Malibu, where they have lived and worked in the community for decades. We are excited to work with them and provide access to new marketing platforms to help expose their listings to the world through the Sotheby’s International Realty brand.”

In Southern California alone, Sotheby’s International Realty, Inc. will now have over 700 independent sales associates and 16 office locations that accounted for over $4 billion in sales volume in the 12-month period ending July 31, 2014.

“Sotheby’s International Realty is recognized globally as a leader in luxury real estate services,” said Novotny. “Their network of more than 15,000 independent sales associates, relationship with the esteemed Sotheby’s auction house and state-of-the-art marketing systems will create even more opportunities for our sales associates to succeed. Moving forward with Sotheby’s International Realty offers our associates and clients the best of both worlds: local experts focused on providing white-glove service with the strength and reach of an international marketing organization.”

Search Luxury Real Estate in Malibu >

Extraordinary Angles | Inspired by Pools, Gardens & Equestrian Estates

Our latest installment of our Extraordinary Angles℠ lifestyle video series features some of the finest equestrian estates, breathtaking pools and enchanted secret garden sanctuaries across the United States. Watch the “webisodes” for a guided tour of these spectacular homes represented by the Sotheby’s International Realty® brand.

Equestrian

Pools

Gardens

View More Webisodes from the Extraordinary Angles Series >

Luxury Real Estate Headlines: Last Week in August 2014

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

2014_8_29_Connecticut$1,840,000 USD | Easton, Connecticut | William Pitt Sotheby’s International Realty

House of the Day: Contemporary Corporate and Personal Retreat– The Wall Street Journal

On the Market: A 16th-Century Estate Near LisbonArchitectural Digest

On the Market: a 1930’s Monterey ColonialArchitectural Digest

‘Supernatural”s Jensen Ackles To List Malibu Home– The Wall Street Journal

$60 million Three Ponds Farm is a golfer’s paradiseThe Los Angeles Times

Study Shows Value of Living Near a Place of WorshipThe Wall Street Journal

Philip White’s Interview with the Entrepreneur CEO Show– Entrepreneur CEO Show

London Frieze Preview– Sotheby’s