Luxury Real Estate Headlines: Last Week in April 2017

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

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$1,250,000 USD | Cincinnati, Ohio | Robinson Sotheby’s International Realty

“If you’ve ever wanted to live a peaceful suburban existence but still maintain an address in the city, this Cincinnati home is the perfect fit. Vidal Sassoon, the late famous hairdresser, purchased the house in 2006, and it’s now on the market for $1.25 million.”

The Late Vidal Sassoon’s $1.25 Million Cincinnati Home is on the Market – Architectural Digest

At Lake Tahoe, a High Waterline Means Heightened Sales this Summer – Mansion Global

10 Celebrity-Approved Luxury Properties for Sale – Boat International 

House Hunting in… Switzerland – The New York Times

West Hollywood is Los Angeles’s Shabby Chic Neighborhood – Mansion Global

Why Berlin is Europe’s Best Place to Live, Work and Buy Real Estate – Forbes

Why Buyers Seeking the ‘Real’ Rome Head for Trastevere – Financial Times

Sotheby’s International Realty Adopts Multi-pronged Asian Strategy – The Edge Property

10 Ultimate Waterfront Homes We’re Coveting Now – Elle Decor

Sotheby’s to Hold its First-Ever Contemporary African Art Sale – Artnet News

Luxury Real Estate Headlines: Third Week in April 2017

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

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Price Upon Request | Los Muermos, Puerto Montt, Los Lagos, Chile | Chile Sotheby’s International Realty

“The property sits on 8,000 acres of pristine land, 13 of which front the Pacific Ocean. There’s a main lodge that resides on one of the property’s three beaches, and inside, there’s 10,000-square-feet of amenities: a catering kitchen, a spa, a gym, a mediation room, and a heated pool. “

A Patagonian Investment Property That’s Either Hotel or Family Retreat – Mansion Global

Five Homes for a Blissful Retirement – Financial Times

Shaun White is Selling His $8 Million San Diego Home – Architectural Digest

A Rare New Mansion in Chicago’s Historic Gold Coast – Mansion Global

The CEO of Restoration Hardware Just Slashed the Price of His Enormous Napa Valley Home That’s Like a Real-life Catalog – Business Insider

Six Homes for Sale with Designer Interiors – Financial Times

Vineyard Dreams: Owning One of These Elite Properties Has to Be a ‘Love Affair’ – Mansion Global

Pasadena House Brings that Palm Springs Vacation Vibe – Los Angeles Times

Howard Hughes’ Legendary Lake Tahoe Estate Has Asking Price Reduced – Billionaire.com

A Former Brewery-Turned-Mixed-Use Building in San Francisco’s Mission District – Mansion Global

NYC Families are Bringing the Suburbs to the City – New York Post

House Hunting in… São Paulo – The New York Times

A Parisian Neighborhood for Affluent and Influential Families – Mansion Global

10 Dream Homes that Take City Dwelling to a Whole New Level – Elle Decor

Sotheby’s to Host Burgundy Sale in London – The Drinks Business

The ‘Legendary’ Stotesbury Emerald Highlights Sotheby’s New York Jewelry Auction – Forbes

 

Luxury Real Estate Headlines: Second Week in April 2017

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

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$1,500,000 USD | Prescott, Arizona | Russ Lyon Sotheby’s International Realty

“Known as the Falcon Nest, the 124-foot-tall residence is on the market for $1.5 million and includes three bedrooms, four baths, and uninhibited views of the surrounding valley. “

The Tallest Single-Family Home in the U.S. is for Sale – Architectural Digest

House Hunting in… Cape Town – The New York Times

Sotheby’s International Realty Brand Expands Presence in India – Sotheby’s International Realty

Coastal Blairgowrie Home is an Entertainer’s Dream – News.com.au

Nutley, N.J.: A Place to Land and to Stick Around In – The New York Times

Sotheby’s International Realty Makes a Push into Asia, Starting with Singapore – CNBC

‘Nip/Tuck’ Star Julian McMahon Cuts Loose from Colorful Malibu Home – Los Angeles Times

Lovely Colonial in Berkley Returns to Market for $2.2M – Curbed

Homes That Sold for Around $1.5 Million – The New York Times

Broadway Hitmaker’s Former Townhouse Selling for $19.5 Million – Mansion Global

The Coolest Eco-Friendly Homes on the Market Right Now – Elle Decor

From Chateaux to Sea Cliffs: The Romance of Castle Living – T Brand Studio

Material World: Sotheby’s Announces Autumn Design Auction – Wallpaper*

Most Valuable Earrings to Appear at Auction Could Fetch $68 Million – Forbes

Sotheby’s International Realty Brand Expands Presence in India

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Sotheby’s International Realty Affiliates LLC today announced it has signed a 25-year exclusive franchise agreement with Realpro Realty Solutions Private Limited to further expand the Sotheby’s International Realty® brand presence throughout India with the opening of India Sotheby’s International Realty. The brand’s existing affiliate in India, North India Sotheby’s International Realty, which commenced operations in October 2014 in New Delhi, will work cooperatively with and also now do business as India Sotheby’s International Realty.

India Sotheby’s International Realty is led by Chief Executive Officer Amit Goyal, President, Ashwin Chadha and Honorary Chairman, Amit Burman. With this expansion, India Sotheby’s International Realty will focus on the luxury residential real estate market in the key cities of Mumbai, Bengaluru, Chennai, Pune, Goa and Kolkata, while continuing to serve the New Delhi market. An office in Mumbai is planned to open in the second half of 2017.

“The luxury real estate market in India is growing rapidly and it was the right time for our brand to expand its presence within the country,” said Philip White, president and chief executive officer of Sotheby’s International Realty Affiliates LLC. “Ashwin Chadha, Amit Goyal and their team have successfully introduced the Sotheby’s International Realty brand to North India over the past few years. Expansion into the rest of India was one of our core objectives for the year, and we are proud to have them at the helm of this venture.”

“With the success of North India Sotheby’s International Realty, it was a natural progression to expand our footprint in India,” said Goyal. “The real estate sector is at the cusp of reform and transformation with implementation of policy changes. India’s luxury housing segment has a promising future, which has encouraged many reputable real estate developers to launch residential projects with state-of-the-art amenities.  Being a part of the Sotheby’s International Realty brand allows us access to unparalleled luxury marketing platforms for these high-end developments, an excellent recipe for a successful business operation.”

Chadha additionally stated, “With over 30 million Non-Resident Indians investing back into India, the timing for the expansion of India Sotheby’s International Realty is ideal. The team on the ground is committed to delivering the highest level of service and expert real estate advisory to those interested in the Indian luxury residential real estate market.”

The Sotheby’s International Realty network currently has more than 20,000 affiliated independent sales associates located in approximately 880 offices in 66 countries and territories worldwide. In 2016, the brand achieved a record global sales volume of $95 billion USD.  India Sotheby’s International Realty listings will be 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.

Luxury Real Estate Headlines: First Week in April 2017

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

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$17,500,000 USD | Villanova, Pennsylvania | Kurfiss Sotheby’s International Realty

“The owners of this stone house built it in the 1990s to resemble a much older property”

Pennsylvania Estate Asks $17.5 Million – Wall Street Journal

Best for Guests: Five Properties Perfect for Hosting – Financial Times

A Sprawling Estate in the Heart of a Barefoot Beach Town – Mansion Global

A Party-Friendly Estate in Austin Seeks Record $45 Million – Wall Street Journal

New & Notable Luxury Properties for Sale | March 2017 – Sotheby’s International Realty

Six Equestrian Homes for Horse Riders, Breeders and Polo Players – Financial Times

Angelina Jolie Pitt’s Childhood Home Sells for $1.8 Million – Forbes

Spec House on San Francisco’s Gold Coast Seeks $40 Million – Wall Street Journal

A Home for Literature in Mexico – Financial Times

$2 Million Homes in California, Massachusetts and Texas – The New York Times

Walk-through: Trilevel in SF’s Glen Park Linked to Street by Bridge – San Francisco Chronicle

London Rivals: What Frankfurt Can Offer Buyers Quitting the UK – Financial Times

10 Dream Homes that Take City Dwelling to a Whole New Level – Elle Decor

“Pink Star” Diamond Fetches Record Price at Auction – CBS News

Luxury Real Estate Headlines: Last Week in March 2017

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

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$3,500,000 USD | Oceanside, California | Pacific Sotheby’s International Realty

“Elegant and distinctly Southern Californian, this gorgeous 1960 home by pioneering female architect Edla Muir perches atop the Fire Mountain neighborhood of Oceanside, the third largest city in San Diego County.”

Gorgeous 1960 Home by Pioneering Female Architect Asks $3.5M in San Diego – Curbed

Renovated Townhouse in Boston’s Back Bay Seeks $15.75 Million – Wall Street Journal

6 Idyllic Homes for Horse Lovers – The Week

Sotheby’s International Realty Brand Welcomes List Sotheby’s International Realty in Hong Kong – Sotheby’s International Realty

Billionaire Trader Stanley Druckenmiller Lists Connecticut Estate for $31.5 Million – Wall Street Journal

A Recently Renovated Barcelona Apartment in the Center of it All – Mansion Global

Estate Makes the Most of its Spectacular Carpinteria Setting – Los Angeles Times

7 Amazing Homes in Seattle – The Week

House Hunting in… Munich – The New York Times

Second-Home Prices Slide – Barrons

Luxury Homeowners Build Rooms to Show Off Their Favorite Trophies – Wall Street Journal

Mexico City’s Polanco Boasts Art, Parks and Some Seriously Upscale Shopping – Mansion Global

Locust Valley: A Quiet Burg with Good Schools and Elite Clubs – The New York Times

10 Ultimate Waterfront Homes We’re Coveting Now – Elle Decor

An Emerald with a History Goes to Auction – The New York Times

Sotheby’s International Realty Brand Welcomes List Sotheby’s International Realty in Hong Kong

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Sotheby’s International Realty Affiliates LLC today announced that it has signed an agreement with List International Realty Limited, which owns List Sotheby’s International Realty, to now represent the Sotheby’s International Realty® brand in Hong Kong. The firm will be led by President and CEO, Hisashi Kitami, who also leads List Sotheby’s International Realty operations in Japan, the Philippines, Hawaii, and Singapore.

“Hong Kong residents have a keen interest in luxury real estate and the territory also has a strong appeal to international buyers,” said Philip White, president and chief executive officer of Sotheby’s International Realty Affiliates LLC.  “Hong Kong is a key global market, and we are proud to be represented in this important region by Hisashi Kitami and his team.”

List Sotheby’s International Realty is set to open its first office in Hong Kong in the second half of 2017.  As previously announced, the firm also has plans to open in Bangkok, Thailand, within the next year.

“We have had a strong track record with the Sotheby’s International Realty brand and have since used this formula for success to expand into additional global markets,” said Kitami.  “At List Sotheby’s International Realty, we serve the needs of clientele who seek to diversify their real estate assets across locations internationally and we are committed to setting the industry standard for excellence.”

The Sotheby’s International Realty network currently has more than 20,000 affiliated independent sales associates located in approximately 880 offices in 66 countries and territories worldwide. In 2016, the brand achieved a record global sales volume of $95 billion USD.  List Sotheby’s International Realty listings will be 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.

#TravelTuesday – Colorful Beaches

Take the time to look around and be inspired by the vibrant colors naturally found across planet Earth. This #TravelTuesday, explore homes near the world’s most colorful beaches.

Hawaii

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By jonny-mt – Own work, CC BY 3.0

Papakōlea Beach is a green sand beach located on the southeastern end of the island of Hawaii.  The olivine-colored sand is said to come out from the erosion of a collapsed cinder cone.

02 Hawaii

$1,599,000 USD | Captain Cook, Hawaii | MacArthur Sotheby’s International Realty

 Just north of Papakōlea Beach, nestled upon three private acres, lies this tranquil island retreat.  The property has unique finishes throughout including Mexican Saltillo tile floors, mosaic tile designs and a fireplace built with hand-picked smooth lava beach rocks and a driftwood mantel.  A five-bedroom oasis, the home offers unobstructed views of the Hawaiian coastline.

Bahamas

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By Patrickneil assumed (based on copyright claims). Own work assumed (based on copyright claims)., CC BY-SA 3.0

For pink sand beaches, look no further than Harbor Island in the Bahamas.

04 Bahamas

$1,650,000 USD | Harbour Island, Eleuthera, Bahamas | Damianos Sotheby’s International Realty

 A historic colonial home originally built in the 1800s, this Harbor Island property offers a cozy island lifestyle with easy access to the beach.  The home was renovated in 2013 and honors the property’s architectural past with mahogany windows and doors, cedar siting interiors and a shingle roof.  The home has three bedrooms and additionally features an outdoor dining area and sitting porch, seamlessly blending indoor and outdoor living.

Malta

05 GozoRamla

By The original uploader was Yoruno at Italian Wikipedia – Transferred from it.wikipedia to Commons., CC BY-SA 3.0

Located on the Maltese island of Gozo, Ramla Bay boasts unique, orange sand beaches.

06 Malta

€2.500.000 EUR | Xewkija, Malta | Malta Sotheby’s International Realty

 Less than 15 minutes inland from Ramla Bay, in the village of Xewkija, sits this historic, 18th Century estate.  Spanning over 13,000 square-feet, the meticulously restored property comprises a main house, outdoor entertaining area, swimming pool, large garden with lawn area and a two-car garage.  Four of the five bedrooms feature original frescos on the walls with the fifth bedroom boasting an adjacent terrace.

Australia

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By Dave Naithani – Own work, CC BY-SA 3.0

Hyams Beach in New South Wales, Australia holds the Guinness World Record for whitest sand in the world.

08 Australia

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

 This sprawling, 50-acre estate is located north of Hyams Beach.  The property comprises an elegant main house, separate pool house, double lock-up garage with additional parking for up to 10 cars and a farm with cattle yard, two dams and a shed.  The home also features a heated self-cleaning oxygen pool and lush professional landscaping with gardens including date palms, olive trees, flame trees, wisteria and magnolia, among others.

Hawaii

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By Ken Lund from Reno, Nevada, USA – Punalu’u Beach, Big Island of Hawaii, Hawaii, CC BY-SA 2.0

Punalu’u Beach, located on the island of Hawaii, is a black sand beach, formed from lava flowing into the ocean and then cooling.

10 Hawaii

$2,500,000 USD | Volcano, Hawaii | MacArthur Sotheby’s International Realty

North of the Punalu’U Beach is this historic, volcano property built in the early 1900s.  The private estate is nestled upon more than 13 acres of gated land.  Lying 3,800 feet above sea level, the property has been fully renovated and restored and comprises a main house, turnkey guest house and an art studio.

Luxury Real Estate Headlines: Fourth Week in March 2017

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

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€ 3.950.000 EUR | Nazare, Leiria, Portugal | Portugal Sotheby’s International Realty

“A building of public interest since May 2003, this 12th-century farmhouse, 5km from Nazaré, is part of the old monastery of Alcobaça and once held the first agricultural school of Portugal.”

A Home for Surfing in Praia do Norte, Portugal – Financial Times

Ellen DeGeneres Lists Lavish Montecito Property for $45 Million –  Wall Street Journal

A Modernist Home in Mallorca with an Infinity Pool and Indoor Theater – Mansion Global

Sotheby’s International Realty Brand Enters Croatia – Sotheby’s International Realty

Unearthing a 1930s Time Capsule in Pacific Palisades – Los Angeles Times

Want to Buy a Good All-Rounder? Five Homes with Circular Features – Financial Times

The U.S. Apartment Boom, Measured in Construction Cranes – Wall Street Journal

Historic Wildcatter Ranch & Resort in Texas Listed at Nearly $15 Million – Houston Chronicle 

Those Bathroom Mirrors? They Conceal TVs at Futuristic Hollywood Hills House – Los Angeles Times

Nexus Condo Tower Already 75% Sold Out – Curbed

Latin American Property Investments Gaining Popularity Among the Wealthy – Mansion Global

10 Homes That Are Modern-Living Goals – Inside and Out – Elle Decor

Sotheby’s International Realty Affiliates Hires New Chief Marketing Officer – Inman News

Andy Warhol Portrait of Mao Goes on Auction in Hong Kong – BBC News

Pink Diamond Could Become Most Expensive Ever at Auction – CNBC

Sotheby’s International Realty® Brand Enters Croatia

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Sotheby’s International Realty Affiliates LLC today announced it has signed a 25-year franchise agreement with Porta Stella-Luxury Real Estate d.o.o, to further expand the Sotheby’s International Realty® brand presence in Eastern Europe with the opening of Croatia Sotheby’s International Realty.

Croatia Sotheby’s International Realty, owned by Marko Pažanin, Pavel Kulajta and Ilona Mančíková, will serve the luxury residential real estate market throughout Croatia. The flagship office, managed by Pažanin, is located in Split, with plans for additional offices in Dubrovnik and other key Croatian luxury real estate markets including the Peninsula of Istria. Kulajta and Mančíková also own and operate Czech Republic Sotheby’s International Realty in Prague.

“Croatia has a growing luxury real estate market and it was the right time for our brand to have a presence within the country,” said Philip White, president and chief executive officer of Sotheby’s International Realty Affiliates LLC. “For those seeking the waterfront lifestyle, Croatia has an impressive coastline along the Adriatic Sea with beautiful beaches, historic ports and idyllic islands.  I am proud to welcome Croatia Sotheby’s International Realty to the Sotheby’s International Realty network.”

“We are delighted to expand the Sotheby’s International Realty brand presence in Croatia,” said Pažanin. “We are dedicated to delivering the highest level of service and support to suit our client’s lifestyles and expectations and we invest our professional and personal skills in creating long-lasting relations with our clients – sellers, buyers and investors. Our ownership team has more than 10 years of experience in the financial and real estate industries, which combined with the Sotheby’s International Realty brand name and marketing practices make an excellent recipe for a successful long lasting business cooperation.”

The Sotheby’s International Realty network currently has more than 20,000 affiliated independent sales associates located in approximately 880 offices in 66 countries and territories worldwide. Croatia Sotheby’s International Realty listings will be 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.