Luxury Real Estate Headlines: Last Week in January 2015

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

2015_1_30_MelbournePrice Upon Request | Melbourne, Australia | Melbourne Sotheby’s International Realty

House Hunting in … AustraliaThe New York Times

A Modern Manhattan Apartment With Prewar DetailsThe Wall Street Journal

On the Market: A charming colonial farmstead on the Chesapeake BayArchitectural Digest

In the 7th, Paris Is EarningThe Wall Street Journal

On the Market: A sprawling villa overlooking the Caribbean Sea in St. LuciaArchitectural Digest

Leighton Meester of ‘Gossip Girl’ lists her Encino houseThe Los Angeles Times

Mallorca and Ibiza Sotheby’s International Realty – Reflecting on 2014, looking forward to 2015Easier.com

Josh Hartnett lists his Minnesota mansionToday

Hamptons Home Prices Hit Seven-Year High in Luxury SurgeBloomberg

£265 million’ blockbuster display goes on show at Sotheby’sThe Standard

Sotheby’s to Test Hong Kong Investors’ Appetite for Fine WineThe Wall Street Journal

Hosting A Winning Super Bowl Party

With one of the world’s largest sporting events right around the corner, throwing a Super Bowl party should be unforgettable and unique. A large and well-equipped kitchen space, fully stocked bar, and of course, big screen and surround sound viewing environment are absolute necessities in order to score a winning party experience for you and your guests. Take your get together through the red zone and across the goal line with inspiration from the five homes below.

Pacific Palisades Media Room$11,885,000  USD | Pacific Palisades, California | Sotheby’s International Realty – Pacific Palisades Brokerage

You won’t miss a play in this extraordinary coastal Californian villa. Complete with the former celebrity owner’s sports bar and state-of-the-art home theater, you and your guests will be treated to a true stadium experience. With both an incomparable kitchen and spacious outdoor barbeque and additional kitchen area, preparing and serving your favorite Super Bowl dishes will be handled with ease.

Colonia New Jersey Bar$4,500,000 USD | Colonia, New Jersey | Prominent Properties Sotheby’s International Realty

Bring the sports bar experience to your home with this expansive, “saloon style” bar complete with decorative brass foot rail, soda dispenser, glass door wall cabinets, dishwasher, wine refrigerator and ice maker. Use the commercial style buffet area to wow your guests with a wide offering of their favorite Super Bowl dishes. Fit for an intimate gathering or large enough for a gala-sized event, your party will be unforgettable in this unique space.

Scottsdale Arizona Media Room$4,750,000 USD | Scottsdale, Arizona | Russ Lyon Sotheby’s International Realty

Located in the same state as this year’s Super Bowl, this uniquely-designed property will showcase the beauty Arizona has to offer while affording incomparable accommodations to help make your party one to remember. With a chef’s kitchen, media room, barbeque, and outdoor entertaining area, your guests will enjoy all of the quality and comfort your home has to offer while not missing a single moment of the big game. Make your exclusive and separate casita available to guests who are unable to travel following the game.

Aspen Snowmass Lounge$65,000,000 USD | Aspen, Colorado | Aspen Snowmass Sotheby’s International Realty

This 18,000 square foot estate set high atop Red Mountain offers a picturesque view of Aspen and the majestic Rockies. Your Super Bowl party will come to life as your guests enjoy game day fare from the commercial quality gourmet kitchen and drink from the full-service bar while lounging in the modern restaurant-style sports bar and adjoined seating area. State-of-the-art audio, video and lighting mean that you won’t miss a single second while enveloped in the luxury of this incomparable Coloradan home.

Salt Lake City Bar Room$2,489,900 USD | Salt Lake City, Utah | Summit Sotheby’s International Realty

Uniquely outfitted with a must-see top floor sports bar, game room, and theater room, this elegant 1.16-wooded acre estate is a captivating setting for any Super Bowl party. The glass cabinetry and memorabilia displays in the sports bar al a true sports fan to showcase their collection and help build the perfect environment to enjoy the big game. Invite your guests to enjoy a postgame dip in the hot tub or extend their stay in the separated two thousand square foot guesthouse.

The Hidden Pond Estate in Barrington Hills, Illinois | Video House Tour

This magnificent European Country Estate has several hidden ponds and a peaceful lake on seventy horse country acres in the heart of Barrington Hills. Built in 2004, this slate-roofed manor exudes luxury and class with every arch and angle.

$19,980,000 USD | Barrington Hills, Illinois | Hunter’s Fairway Sotheby’s International Realty

Home Design for the Ultra-High Net Worth

Living a luxurious lifestyle is as much about the interior décor as it is about purchasing a majestic home. From state of the art home systems to coveted closet space, the custom options are endless. “These are the kinds of amenities our network is seeing buyer interest in,” said Wendy Purvey, chief marketing officer, of the Sotheby’s International Realty brand. “It’s become expected that luxury homes have existing custom touches, but also have the potential for design upgrades to suit the unique taste of the buyer.”

Faiza Seth, CEO and founder of Casa Forma, an award-winning luxury interior design firm headquartered in London, shares with us design requests from some of Casa Forma’s ultra-high net worth clientele.

Party HubEntertainment

Entertainment plays an important role in the lifestyle of many of our clients. Therefore it came as no surprise when we were commissioned to design an entertainment apartment in London’s Docklands, that should be ‘crazy, yet sophisticated’ – a 24/7 exclusive club for the owner and his closest friends. With a few custom touches of a full wall fish tank and an interactive light up “Billie Jean” dance floor and wall panels, the home certainly became an entertainer’s paradise.

Mayfair ApartmentThe Comforts of Home

In London, space comes at a premium, so we are often tasked with making the most out of smaller spaces and finding ways for the client to still “have-it-all.”  Pictured above is the result of taking the comforts of a 45,000 square foot country home and making them work for a 4,500 square foot apartment. The importance was transferring the comfort and convenience of the larger home in a more compact space.

BillionairesCoveted Closet Space

A dream closet is on the wish list of many. Cabinets, shelves, islands and shoe and jewellery storage are just a few of the common closet requests, but with the ultra-high net worth, the design is often taken to the next level. We’ve honored many requests when designing closets, but by far the most interesting was when we were asked to examine the owner’s clothing and build a closet based on their style and the precise needs of their clothing collection.

Designing personal spaces for the ultra-high net worth is a journey that is extraordinarily intimate, beautiful and sometimes outrageous—yet, rewarding and a privilege to showcase the personalities, hobbies and lifestyles of our clients.

Explore the Sotheby’s International Realty Luxury Lifestyle Report to learn more about purchasing behaviors of high-net worth consumers.

Saiza Seth Casa FormaSpecial thanks to our guest blogger, Faiza Seth, CEO and founder of Casa Forma. Casa Forma is an award-winning luxury interior design firm headquartered in London, UK, providing a comprehensive architectural and design service for residential, commercial, and hospitality properties creating the ultimate in comfort and luxury.

Photo courtesy: Casa Forma

Luxury Real Estate Headlines: Third Week in January 2015

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

2015_01_23_Houston_Texas$14,995,000 USD | Houston, Texas | Martha Turner Sotheby’s International Realty-Briar Hollow Brokerage

The Spragues spent three years building this home in Houston, inspired by the work of Edwin Lutyens, the British architect whose work ranged from country houses to war monuments to sections of New Delhi. ‘I spent a fair amount of time looking at houses in Europe. I really love Lutyens houses,’ says Mr. Sprague.”

House of the Day: A Lutyens-Inspired Home in HoustonThe Wall Street Journal

Greenwich Mansion With Sports Galore Is Listing for $27.895 MillionThe Wall Street Journal

Luxury Brands Should Ride High In 2015Forbes

Los Angeles Home With Beauty Parlor Sells for $30 MillionThe Wall Street Journal

No sweat to fill 30,000 condosMiami News Today

Francis Bacon Rare Double Self-Portrait For Sotheby’s AuctionArtlyst

A Monet Masterwork is on the BlockArchitectural Digest

Sotheby’s Exhibits Contemporary Art Featuring FlowersArchitectural Digest

Sotheby’s International Realty Brand Expands Presence in Vermont and New Hampshire

enfld-034Sotheby’s International Realty Affiliates LLC today announced the merger of Lang McLaughry Real Estate, which has 15 offices throughout Vermont and New Hampshire, and Four Seasons Sotheby’s International Realty, which has three offices in New Hampshire. The combined company will be operating as Four Seasons Sotheby’s International Realty.

Simultaneous with this transaction, the combined company has acquired Vermont Country Properties Sotheby’s International Realty, which has five offices across Vermont.  A total of 22 offices across Vermont and New Hampshire now will operate as Four Seasons Sotheby’s International Realty.

“Lang McLaughry was established in 1959, bringing an established reputation built over 56 years for service and excellence in the community, and Four Seasons and Vermont Country Properties are both highly respected companies with a similar focus on service excellence.” said Philip White, president and chief executive officer, Sotheby’s International Realty Affiliates LLC. “We are proud to welcome them to the Sotheby’s International Realty global network.”

Staige Davis will serve as chief executive officer of Four Seasons Sotheby’s International Realty with Buff McLaughry serving as chief operating officer.  Stephanie Wheeler and Pam Perkins are co-owners of the newly combined entity.

“Our goal for nearly six decades has been to provide superior, innovative real estate services to buyers and sellers,” said Davis, formerly chief executive officer of Lang McLaughry.  “We are proud to join the Sotheby’s International Realty worldwide network, which we feel has the best marketing resources available in real estate and a reputation for extraordinary service and consistency. Bringing our companies together enables us to continue to pursue our visions of excellence and innovation in how we service our local communities, while being part of a strong global real estate network.  Four Seasons Sotheby’s International Realty opened its first office more than 100 years ago, affiliating with the Sotheby’s International Realty brand in 2009.  We are so pleased to unite with that rich and deep history.”

The Sotheby’s International Realty network currently has over 16,400 sales associates located in approximately 730 offices in 56 countries and territories worldwide.  Four Seasons 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 will 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 Vermont and New Hampshire >

Luxurious Beachfront Villa in Grace Bay, Turks and Caicos | Video House Tour

This newly completed villa sits on the water in Grace Bay. Nestled into a unique sunset-facing sandy cove, the villa was thoughtfully designed to take full advantage of one of the most idyllic beachfront sites in the Turks and Caicos Islands.

$8,450,000 USD | Providenciales, Turks and Caicos |Turks & Caicos Sotheby’s International Realty

Rhinebeck, New York | Market Spotlight

Rhinebeck New York$9,750,000 USD | Rhinebeck, New York | Heather Croner Sotheby’s International Realty

“Rhinebeck, in the very beautiful and historic Hudson Valley, has become a real destination these days, set against the backdrop of the Hudson River and the Catskill mountain range. Snow sports, summer sailing or hiking in the hills are for the taking depending on the time of year. The number of property sales this year in the Hudson valley has noticeably increased above 2013. However, the median selling price is unchanged. The average number of days on the market shows up as lower, indicating that properties are selling a little quicker for now. Most transfers are for existing houses already restored. Strict local zoning limits much new building, preserving the historical character of the area, and strong feelings about land conservation help maintain its natural beauty.” – Heather Croner, owner, Heather Croner Real Estate, Sotheby’s International Realty

Luxury Real Estate Headlines: Second Week in January 2015

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

2015_01_16_Hunter_NY$9,850,000 USD | Hunter, New York | Heather Croner Sotheby’s International Realty

Mountain Homes in Ski CountryThe Wall Street Journal

The Enduring English Style of Architect Edwin LutyensThe Wall Street Journal

Miami a leading luxury capital of the worldMiami Herald

On the Market: A loft residence in the Dallas Design DistrictArchitectural Digest

Best Buy Cities: Where To Invest In Housing In 2015Forbes 

The next Aspen is . . . Bethesda?Fortune 

A room with a Venetian viewCountry Life

Kym Gold’s Malibu House Relists for $26.5 MillionThe Wall Street Journal

The Most Powerful People in Residential Real EstateSwanepoel’s Power 200 List

Realogy’s grand vision for deploying ZipRealty’s technologyInman News

MoMA to Sell a Monet in LondonThe New York Times

Oceanfront Penthouse in La Jolla, California | Video House Tour

Located on an oceanfront street in the world renowned La Jolla Village, this penthouse enjoys sweeping ocean views. Vanishing glass pocket doors open to oversized entertaining balcony with fireplace, fit for entertaining, relaxation and experiencing colorful sunsets.

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