Life in a College Town

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For residents of college towns, the attraction isn’t just about an allegiance to a school but an affinity for a community that has an impressive mix of characteristics: large city offerings and small town spirit.

Universities contribute to the intellectual and cultural life of a region by offering lectures, concerts, culinary and literary options. Then there’s the sports component, both as spectator and participant. Where young people are, biking, hiking, jogging and other recreational activities follow. Active retirees are especially drawn to lifelong learning opportunities. Many institutions offer discounts for the use of sports facilities, courses and plays. What’s more, universities with medical schools translate into excellent health care options.

From an investment prospective, college towns are known for their resiliency. For one thing, they often draw major employers to the area and, at the same time, support a flourishing start-up scene. Entrepreneurs are known to thrive in such environments.

Ohio1$2,999,000 USD | Columbus, Ohio | Street Sotheby’s International Realty

Columbus, home to Ohio State University (OSU) with an enrollment of nearly 60,000 according to school figures, is an example. The institution churns out thousands of graduates each year, many of whom stay in the area, says Scott Street of Street Sotheby’s International Realty. “Corporate entities have taken note and many have chosen to relocate to Columbus. The tech startup and entrepreneurial scene has also caught on in recent years, and millions of dollars in seed money are helping grow companies and jobs in and aroun
d the OSU campus.”

Experience enthralling luxury lifestyles on the Extraordinary Living blog

A stable economy bodes well for the housing market. Even in down markets inventory is tight. Property owners in the rental pool can count on consistent student demand, though turnover is high.

Ohio2$430,000 USD | Columbus, Ohio | Street Sotheby’s International Realty

But plenty of people are settling in themselves. Recent grads-turned-first-time homeowners as well as professors, researchers and administrators who want a reasonable commute find a lot to love about collegiate living. “Part of the reason Ohio State is able to pack Ohio Stadium, The Horseshoe, with 100,000-plus people every weekend during football season is because the alumni stay close to home. Many graduates settle in the surrounding suburbs, which are all less than a 20-minute drive to campus,” Scott says.

Austin1$1,857,000 USD | Austin, Texas | Kuper Sotheby’s International Realty

Austin, home of flagship campus of the University of Texas, also boasts one of the country’s largest student bodies at more than 51,000. “There’s so much going on in the area and at the university,” says Mike Vilece of Kuper Sotheby’s International Realty. “There’s no limit to what you can get out of the city. You could be out in the Hill Country or be next to 100,000 of your closest friends on a Saturday for a football game.”

Austin2$6,950,000 USD | Austin, Texas | Kuper Sotheby’s International Realty

Alumni, including empty nesters and baby boomers, returning to settle down are finding a different Austin than they experienced during their school years. “A lot of people can’t believe how the city has changed over the years,” says Vilece. “It’s not the city it used to be as far architecture and construction. New buildings are popping up everywhere, but the culture and vibe are still alive and well.”

Discover homes in college and university communities around the world on sothebysrealty.com

Article provided by Iyna Bort Caruso exclusively for sothebysrealty.com

Your Own Private Island

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One person’s challenge is another person’s adventure. And owning a private island may be the ultimate adventure, at least when it comes to trophy real estate.

“The individual who buys a private island is very often looking for a secluded place that offers great freedom and status,” says Benoit Bernard of French Polynesia Sotheby’s International Realty in Papeete, Tahiti. “The show is there facing you. It’s forged by nature for eternity.”

imagereader.aspx-27.123.104 € EUR | Tahaa, French Polynesia | French Polynesia Sotheby’s International Realty

Acquiring an island is a passion project in which emotions can edge out bottom line considerations. The market is narrow and the outlay considerable. “In terms of pure investment, it is often very difficult to evaluate its profitability,” says Bernard, but a real estate professional will consider all costs and constraints to help prospective buyers “minimize the risks as much as possible.”

Uncertainty aside, the payoffs of being a sovereign of one’s own sanctuary are many: privacy, exclusivity and, sometimes, the chance to create a legacy.

imagereader.aspx-7$94,500,000 XCD | St. Vincent and the Grenadines | St. Vincent & the Grenadines Sotheby’s International Realty

According to Russell Post of Russell Post Sotheby’s International Realty in Key Largo, Florida, the opportunity to establish a family compound is “probably the most attractive part of owning an island. Buyers want their extended generations to come and visit, and they envision the buy as a legacy property to be passed down.”

Technology has made it easier to turn a sandy spit of land into a slice of paradise. “The development of renewable energies, satellite links, water treatment and rainwater recovery systems are new technologies that are simplifying island life and management,” says Bernard.

imagereader.aspx-6$48,000,000 USD | Water Cay, Turks and Caicos Islands | Turks & Caicos Sotheby’s International Realty

Nevertheless developing and maintaining a secondary property a sea away remains a complex undertaking. Wish lists meet reality checks. Even the most experienced property owners find themselves in unfamiliar territory. Questions that need to be asked by would-be island buyers touch upon issues that are not typically concerns in the traditional housing market: Are there major weather hazards to be aware of? How are the routes to bring in supplies?  How close are medical facilities? Are there opportunities to generate revenue through rentals or commercial development? If purchasing an island in another country, how stable is the government?

Read more about Private Island Living on the Extraordinary Living blog

Private islands are available all over the world, but inventory is limited. Post has a listing for a private island called Pumpkin Key priced at $95 million, just a 10-minute boat ride from the prestigious Ocean Reef Club in Key Largo, Florida. Post says it’s only the second private island he’s seen come to market in the Upper Florida Keys in a decade.

$95,000,000 USD | Key Largo, Florida | Russell Post Sotheby’s International Realty 

Pricing an island involves a challenging set of calculations since there are no true comparables. And despite scant supplies, it’s not unusual for an island to be on the market for years. It takes patience on both buyer’s and seller’s parts for a perfect match. Some countries have restrictions on international purchases or permit only lease options rather than outright buys. Leaseholds can run as long as 99 years.

While local laws and regulations apply, it’s the closest anyone can ever gets to feeling like the ruler of their own kingdom. Says Bernard: “The world is theirs to shape according to their desires without any constraint.”

Experience Private Island Living on sothebysrealty.com

Article provided by Iyna Bort Caruso exclusively for sothebysrealty.com

National Aviation Day | Celebrating Sky-High Achievements

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Happy Aviation Day! This Sunday marks the 78th annual Aviation Day in the United States; started by FDR in 1939 to honor the birthday of aviation pioneer Orville Wright and to celebrate our airborne achievements, prepare for Saturday’s celebration by turning to your eyes to the sky and experiencing five homes from around the world with amenities designed for the aviation enthusiast.

Texas$13,950,000 USD | Denton, Texas | Briggs Freeman Sotheby’s International Realty

Hartlee Field Ranch is a beautiful, 652-acre property approximately 30 miles north of DFW airport. This sprawling acreage consists of nearly 20,000-square-foot home with barns and workshops, and houses the historic Hartlee Field Airstrip, which provided flight training for military cadets in WW II. The exquisite home features four bedrooms, six full-baths, two half-baths, three large living areas, office, indoor half-court basketball court, and oversized six-car garage.

Canada8 900 000 $ CAD | Victoria, British Columbia | Sotheby’s International Realty Canada

Offering unparalleled luxury and privacy, this richly appointed modern estate combines a world-class location with lavish construction and contemporary amenities. This property, dubbed “The View,” on Willis Point is a stunning example of an expansive traditional European-style home perched atop 42 acres of rugged West Coast landscape. Among the properties cornucopia of amenities is a helipad and garage with helicopter bay.

Soar to new heights – read previous pieces about Fly-In communities

Bahamas$3,500,000 USD | Exuma, Bahamas | Damianos Sotheby’s International Realty

Located in the Galleon Point Subdivision at the Northern tip of Norman’s Cay, this property contains six acres and 374 feet of pristine beach frontage. The Exumas are well-known for fishing, sailing, and boating around some of the most beautiful islands and beaches in the world. Norman’s Cay has a newly extended 4,800-foot airstrip, protected harbor and restaurant. Just 40 miles from Nassau and 220 miles from Miami, Norman’s Cay is the perfect blend of privacy and accessibility.

Tennessee$4,750,000 USD | Lenoir City, Tennessee | Alliance Sotheby’s International Realty

This home’s structures and sprawling acreage is sure to suite almost any lifestyle. Featuring an airstrip and hanger for the aviation enthusiast, horse stables and barn for the equestrian lifestyle, and lakefront living that includes two boat docks and boat house, this timeless and inviting property is the perfect escape for the adventurer at heart.

FrancePrice Upon Request | Uzes, France | Uzés Sotheby’s International Realty

Dating back to the fourteenth century, the chateau offers 900-square-meters of living space, including fourteen bedrooms and twelve bathrooms. With grand reception rooms, a professional kitchen and a large conservatory offering breathtaking views, this property is ideal for holding large events. The property additionally offers various outbuildings including barns, a guest house, and caretaker’s house. The land consists of beautiful landscaped gardens with a pool, pool house, and private airstrip.

Experience more homes with aviation-inspired amenities on sothebysrealty.com

Mallorca and the 36 Copa del Rey MAPFRE

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Occupying the majestic waters in the Bay of Palma de Mallorca, the 36 Copa del Rey MAPFRE will come to an end this Saturday, August 5th. Organized by the Real Club Náutico de Palma (RCNP), the regatta started in 1982 and features race teams from 24 different nations, including one sponsored by Mallorca Sotheby’s International Realty.

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Members of the Mallorca Sotheby’s International Realty team at the Copa del Rey MAPFRE

This year’s event is the largest in the history of the Copa del Rey; along with the 24 different nations represented, 140 teams will compete.

imagereader.aspx-210.900.000 € EUR | Mallorca | Mallorca Sotheby’s International Realty

The expansion of the Copa del Rey MAPFRE has also had economic effects; it is expected that the 36th edition will have the highest economic effect on the island in the event’s history. According to the Chamber of commerce it will be bringing in anywhere from €15 to €20 million in restaurants, hotels and boat maintenance.

imagereader.aspx-31.950.000 € EUR | Mallorca | Mallorca Sotheby’s International Realty

Aside from the sporting program, the Copa del Rey brings the Balearic Islands to 120 different countries. More than simply a regatta, the event’s land-based social agenda invites guests, competitors, and even royalty, to gather for food-tastings, live music and a gala dinner.

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Felipe VI, King of Spain, greets the Mallorca Sotheby’s International Realty team at the Copa del Rey MAPFRE

The royal mention was no exaggeration; Felipe VI, the present King of Spain arrived at the event to greet guests and also check in on his sailing crew of Aifos, the vessel he previously competed in during previous regattas.

imagereader.aspx-41.750.000 € EUR | Mallorca | Mallorca Sotheby’s International Realty

Mallorca, is celebrated for its endless sun, cool breezes and mild winters that attract holiday homeowners who look for reasons to escape here throughout the year. With an international airport and ferry service from Barcelona and Valencia, commuting is painless and the market of luxury real homes for sale is extraordinary.

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Mallorca Sotheby’s International Realty’s boat sails in the competition.

Mallorca_FacebookThis guest blog was provided by Amalia Losada, head of communications and creative marketing, at Mallorca Sotheby’s International Realty.

Luxury Living | A Historic Piece of Princeton, New Jersey

One of Princeton University’s greatest benefactors and former owner of Drumthwacket (the estate that serves as the home for New Jersey’s sitting governor), Moses Taylor Pyne is an important figure in the state’s history.


$2,375,000 USD | Princeton, New Jersey | Callaway Henderson Sotheby’s International Realty
Built as a dairyman’s residence and milk barn, the property at 505 Mercer Road in Princeton, New Jersey is part of the collection of outbuildings Pyne added to Drumthwacket estate in the early twentieth century.

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After purchasing the property in 1893 from its original owner, Pyne proceeded to convert the estate into extensively landscaped gardens as well as a model farm, a space for experimenting with new agricultural techniques – a common feature at elegant estates of the period. Pyne’s model farm included Rockwood Dairy, the model dairy that is now the house [at 505 Mercer].

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The house, like the other outbuildings added to the estate, was designed by Pyne’s favorite architect, Raleigh C. Gildersleeve, and was completed in 1901.

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When the current owners purchased the house directly from the dairyman’s family in 1988, it required extensive updating. Architect Glen Fries, the owner, oversaw the renovations, which preserved many of the stunning original elements of Gildersleeve’s design.

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The milk barn, originally designed to process the dairy’s milk, has been converted to office and studio space, connected to the house by a colonnade. Pyne spared no expense in his milk barn, which features the famous arched tilework of Rafael Guastavino, who tiled many New York City subway stations, Ellis Island, and the Cathedral of St. John the Divine, among other iconic landmarks. These tiled spaces remain there today.

Discover more of this historic home on sothebysrealty.com

RESIDE® Magazine | Where to Eat and Drink in Rome in 2017

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From the Summer 2017 issue of RESIDE® Magazine, writer Katie Parla shows us where to enjoy fine dining and spirits “when in Rome.”

With a city nicknamed Caput Mundi—Capital of the World—it’s only natural that Romans are accustomed to seeing their home as unrivaled in matters of history, culture and food. And while it’s true that traditional local cuisine holds a sacred place at the table, Rome is hardly impervious to change. The city’s classics, from carbonara to cacio e pepe, are still universally beloved, but Rome’s dining and drinking culture, like that of all cities, is in a constant state of evolution (albeit at a glacial pace compared to New York, Paris or London). Recently, tightening purse strings, transitioning food systems and changing palates have conspired to create exciting new ways of dining, drinking and shopping for food.

Roscioli – Via Dei Giubbonari 21

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The Roscioli family, famous for its bakery (Antico Forno Roscioli) and coffee shop (Roscioli Cafe), opened this restaurant/wine bar/deli near Largo Argentina in 2005. Purchase wine, cheese, fine pasta and cured meats to take away, or enjoy a proper meal at one of the tables. Book several days in advance for dinner and request a ground-floor table near the back of the dining room. Start with burrata paired with semi-sundried tomatoes, butter with Cantabrian anchovies on toast and mortadella with 36-month-aged Parmigiano Reggiano. Follow these dishes with carbonara or cacio e pepe, or both! Skip the main dishes and dessert—they will bring cookies at the end of the meal anyway—but don’t overlook the extensive grappa and amaro list. Solo diners can book a spot at the bar; Roscioli is one of the few places in town offering bar seating.

Al Moro – Vicolo Delle Bollette, 13

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Tucked away in an alley near the Trevi Fountain, Al Moro is among Rome’s most historic trattorias. Helmed by four successive generations of Romagnolis since the 1920s, the place began humbly, slowly building a reputation among actors at the nearby Teatro Quirino, but over the years it has become a favourite of Roman aristocracy and well-heeled travellers. Go for local classics, which have virtually vanished from the city’s tables: lumache alla romana, snails cooked in a sauce spiked with anchovies, chili and mint; fegato di vitella, tender pan-fried liver; and tagliatelle con le rigaje, fresh pasta with a tomato sauce enriched with chicken innards. There are plenty of mainstream dishes, too. In the spring, try roasted abbacchio (suckling lamb) with potatoes. Year-round, enjoy spaghetti alla Moro, the house version of carbonara featuring a pancetta-enriched egg sauce seasoned with red pepper flakes.

Mercato Centrale – Stazione Termini | Via Giolitti, 36

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Mercato Centrale, Rome’s newest food hall, resides among the limestone arches trimming Stazione Termini’s southern perimeter. The marketplace occupies three floors, but the action is on street level where over a dozen stalls sell food according to theme. Start near the main entrance where Gabriele Bonci’s bakery serves stellar pizza by the slice, then grab a glass at the wine bar next door, which has a great selection of small producers and glasses starting at just €4.50 ($4.82 U.S.). At the far end of the market, Trapizzino serves thick triangular sandwiches filled with meaty Roman specialties like stewed chicken or simmered oxtail. For a sweet finale, circle back to the main entrance for two scoops at Gelateria Cremilla. The second floor has a restaurant helmed by Michelin-starred chef Oliver Glowig.

Experience more from 2017’s Summer Edition of RESIDE®

The 35th America’s Cup

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June has been a busy month for the island of Bermuda. Located in the Atlantic, roughly 700 miles off of the coast of North Carolina, Bermuda has played host to the 35th America’s Cup, the oldest trophy in International Sports. The sailing regatta has seen teams from Sweden, the United Kingdom, France, Japan, the United States, and New Zealand compete against each other on AC45F catamarans in the Great Sound, a body of water located in the center of the hook shaped, reef encircled island. However, The AC45F’s are not the only boats racing in the turquoise waters; earlier this month saw the America’s Cup Superyacht Regatta take place with yachts in class A, B, C, and J competing against each other off the islands South Shore.

Rego Sotheby’s International Realty, based in Bermuda, had front row seats to the enjoyable race. With the Atlantic Ocean surrounding the 21-square-foot island, many homes are fortunate enough to have the ideal vantage points to enjoy the races in Bermuda’s natural turquoise arena.

Overlooking the America’s Cup Superyacht Regatta:

Bermuda1Starting at $3,800,000 USD | Hamilton, Bermuda | Rego Sotheby’s International Realty

Seamlessly blending contemporary interiors with refined casual living, The Loren offers hotel condominium ownership opportunities with its newly constructed en-suite three bedroom villas in the exclusive neighborhood of Tucker’s Town in Hamilton Parish. In close proximity to the airport, The Loren overlooks the sparkling waters of Bermuda’s South Shore and offers hotel amenities including beachside dining, spa, multiple restaurants, a bar and a beach club. The boutique enclave embraces privacy with the finest attention to detail that makes both guests and owners feel right at home in paradise.

Bermuda2$23,000,000 USD | Hamilton, Bermuda | Rego Sotheby’s International Realty

The Old Battery property includes the large main residence with two self-contained apartments, plus two fully operational guest cottages. The beautifully planted sweeping grounds, the dazzling views of the ocean and south shore are nothing short of spectacular. Upon entering the ground floor, one is captivated by the spacious formal two-story high living room with its magnificent Palladian staircase. A handsome cedar paneled bar, a dramatically designed powder room and wine cellar serve this gorgeous voluminous space. The upper floor surrounded by a gallery, overlooks the living room below. All of the south-facing rooms open onto patios, gardens leading to the main private beach below the cliffs, and the gorgeous infinity pool area.

Experience perspectives from local experts in guest blogs from around the world

Bermuda3$6,550,000 USD | Smith’s Parish, Bermuda | Rego Sotheby’s International Realty

As you pass through the old pineapple gates, the entire property lies before you as if gazing out to sea. Upon entering Skye Point, you will be stunned by the view of the Atlantic Ocean. The property also features a beautiful pool and cabana which are located atop the edge of the ocean, providing a spectacular view along the South Shore. This private estate has extensive indoor and outdoor spaces ideal for entertaining or enjoying the peace and quiet this secluded over two-acre property offers next to the Spittal Pond Nature Reserve (and connects via a pathway to its network of trails). This is the first-time Skye Point has been offered for sale since the 1960s.

Overlooking the 35th America’s Cup:

Bermuda4$10,650,000 USD | Warwick, Bermuda | Rego Sotheby’s International Realty

This spectacular gated private estate owned by Michael Douglas and Catherine Zeta-Jones offers stunning harbor views in a park like oasis. The center piece of the property is a large elegant yet informal 1827 ivy covered home. The beautifully restored main house has a spacious living room with fireplace, dining room, gourmet kitchen and children’s suite containing two bedrooms, two bathrooms, music room and den. Included on this beautiful, manicured 3 plus acre estate are spacious lawns, an opulent fruit orchard, herb gardens, tennis court with covered viewing pavilion and a gated pool.

Bermuda5$7,800,000 USD | Pembroke, Bermuda | Rego Sotheby’s International Realty

Experience the America’s Cup events with private front row seats from your own backyard.  “Random Rocks” is a beautiful waterfront home that captures all that is the gracious Bermudian lifestyle.  Situated in one of the islands most private neighborhoods, this property has unrivaled outdoor spaces.  The pool, tennis court and guest cottage are all set amidst the nearly four acres of mature landscaped gardens found in this carefully maintained property, having all the right places for entertaining and family living.

Rego_GoogleThis guest blog was provided by Lauren Rothwell, marketing coordinator, at Rego Sotheby’s International Realty.

Enthusiast Approved | Galvanizing Garages

More than just a way to travel for many, the cars we drive (and sometimes collect) are symbols of the lifestyle we choose to live. Whether it’s a classic piece of automotive history, or the latest exotic import, let’s discover five homes from around the world fit for displaying and protecting the perfect ride.

AustraliaPrice Upon Request | Melbourne, Australia | Melbourne Sotheby’s International Realty

‘ESPACE’ is a brand-new boutique collection of bespoke and nestled amongst Australia’s most visited and loved precincts, everything you love about life is within an easy walk, ride, paddle, sail, train or tram ride. Included in the many offered amenities is an underground garage for up to four vehicles.

New York$1,950,000 USD | Tuxedo Park, New York | Ellis Sotheby’s International Realty

The quintessential Tuxedo Park Carriage House masterpiece, this home is private, secluded, and surrounded by nature. The original Wagstaff Carriage house (circa 1896) on this site was completely rebuilt in 2008, with attention to recrafting key elements of the original design and architectural details. Two garages, one on the ground floor, one free standing, have radiant heat and upwards of 15-car capacity, providing exceptional spaces for showcasing a fine automobile collection, potential studios for musicians or artists, or crafts workshop.

Feeling inspired? See past luxury homes with garages ideal for the collector

Illinois$14,888,000 USD | Barrington Hills, Illinois | Jameson Sotheby’s International Realty

Hidden Ponds is a magnificent European-inspired country estate with several actual hidden ponds and a peaceful lake on 70 acres in the heart of Barrington Hills. Built in 2004, this slate-roofed manor exudes luxury and class with every arch and angle. The stories that this property holds are filled with music and laughter, with the aromas of feasts past, and echoes from the full-sized English Pub. Among this home’s amenities, a 6,000-square-foot vehicle showroom with adjacent storage and maintenance is perfect for the auto-enthusiast.

Germany18.000.000 € EUR | Bavaria, Germany | Munich Sotheby’s International Realty

Villa Glory is a quintessential neoclassical home. Built in the modern interpretation of the superlatives it fits harmoniously into the wonderful landscape of Garmisch-Partenkirchen and the surrounding sought-after neighborhood. Included in this home’s interior is a striking drive-in garage with refined storage for multiple vehicles.

New Jersey$5,400,000 USD | Bernardsville, New Jersey | Kienlen Lattman Sotheby’s International Realty

Poised among celebrated, historic estates, and surrounded by antique stone walls from a bygone era, this 16-room, six-bedroom manor draws inspiration from the grand homes of America’s South. Luxurious materials complemented by design and décor from the finest professionals are abound; transoms crowning windows, wide doorways, tall ceilings, a barrel-ceilinged gallery, multiple fireplaces, and a motor court leading to a four-car garage with mahogany carriage doors are a part of this home’s unique DNA.

Discover luxury homes around the world on sothebysrealty.com

The 143rd Kentucky Derby

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It’s almost Derby Day! This weekend marks the running of the 143rd Kentucky Derby and Churchill Downs will be teeming with spectators ready to enjoy the first leg of the Triple Crown. Let’s grab our finest derby hats, seersucker suits and mint juleps as we explore four homes in the historic event’s home state of Kentucky.

Lenihan1$995,000 USD | Louisville, Kentucky | Lenihan Sotheby’s International Realty

A Stonecroft Home, built for Homearama, showcases the quality of workmanship Stonecroft is known for; intricate finishes, detailed ceilings, distressed hardwood floors, custom cabinetry and an awesome floor plan. The owners have enhanced this home since their purchase by adding a second-floor room and bath, reworking the kitchen to add additional cabinets, a butler’s pantry and new high-end appliances. There is an “Old World” feel to this beautiful home, but it offers all the bells and whistles sought after by todays’ homeowners.

Bluegrass1$1,395,000 USD | Lexington, Kentucky | Bluegrass Sotheby’s International Realty

Luxurious and sophisticated, this downtown estate offers over 4,200 square-feet of beautifully finished living space along with stylish guest quarters above the detached garage at the rear of the property. Hardwood floors, porcelain tile, exquisite baths and sleek, modern light fixtures adorn the house. Open the doors from the family room and entertain in your private fenced rear patio with a salt water pool.

Explore homes designed for the equestrian on sothebysrealty.com

Lenihan-2$2,175,000 USD | Louisville, Kentucky |Lenihan Sotheby’s International Realty

This outstanding home, in one of the most sought-after areas in Louisville, sits on a very private, beautifully landscaped, one-and-one-half-acre corner lot. It has been meticulously maintained and has had recent updates and new décor by Lee W. Robinson Company. Boasting a perfect open floor plan with attention to detail evident in every room, it features tasteful custom millwork, beautiful hardwood, marble, and other natural finishes give this home a very fresh, casually elegant feel.

Bluegrass2$1,499,000 USD | Versailles, Kentucky | Bluegrass Sotheby’s International Realty

A rare, once-in-a-lifetime location opportunity, this fully renovated Colonial Revival two-story home sits in the heart of a world-class Kentucky horse farm. Offering privacy and seclusion, this home is nestled among hundreds of acres of rolling fields where thoroughbreds graze. The house was built in the 1920s and was renovated in 2005 by the current owner, who employed architect Don Beck of Beck Architecture, Inc. to update it to the highest standards of modern living while respecting its past and the best of its architectural features.

Discover more luxury homes in Kentucky

Learn more about the Kentucky Derby and don’t forget to watch this Saturday!

 

Global Affluence: The Emerging Luxury Consumer

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Sotheby’s International Realty Affiliates LLC is proud to present “Global Affluence: The Emerging Luxury Consumer,” a report examining the confidence, spending habits and purchasing interests of emerging luxury consumers from around the world, defined as those with $250,000 USD to $1 million USD in investable assets.

The report, which is based on a survey that focused on luxury consumers in the United States, United Kingdom, India, United Arab Emirates and China, found that this emerging luxury consumer demographic is confident when it comes to their personal economy and the economy of their respective countries.

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“The luxury residential real estate market is ever evolving,” said Philip White, president and chief executive officer of Sotheby’s International Realty Affiliates LLC.  “As a global leader in this arena, the Sotheby’s International Realty® brand commissioned this research survey to unveil emerging trends with luxury residential real estate consumers around the world.  We are always looking to the future and our focus is to keep a pulse on the state of the real estate market and the homebuyers of tomorrow.”

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The complete Sotheby’s International Realty “Global Affluence: The Emerging Luxury Consumer” report features a breakdown of data by country surveyed as well as supplemental search data from sothebysrealty.comClick here to download the full report.

Key findings from the Sotheby’s International Realty “Global Affluence: The Emerging Luxury Consumer” report include:

“The luxury market has been redefined in recent years due in large part to the impact of the new emerging luxury consumer,” said Kevin Thompson, chief marketing officer of Sotheby’s International Realty Affiliates LLC.  “These individuals have a luxury sensibility and an affinity for exclusive brands, proving that luxury transcends income levels – it is about quality, uniqueness, and ultimately achieving a certain lifestyle.  The Sotheby’s International Realty brand has its eye on the future and is perfectly positioned to unite these extraordinary lives with extraordinary lifestyles.”

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The Sotheby’s International Realty network currently has more than 20,000 affiliated independent sales associates located in approximately 850 offices in 66 countries and territories worldwide.  In 2016, the brand achieved a record global sales volume of $95 billion USD.  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.

Methodological Notes:
The Sotheby’s International Realty Affiliates LLC Survey was conducted by Wakefield Research (www.wakefieldresearch.com) among 200 US emerging luxury consumers, and 100 emerging luxury consumers in the UK, China, UAE and India, between November 17th and December 15th, 2016, using an email invitation and an online survey.
The margin of error for this study is +/- 6.9 percentage points in the US, and +/- 9.8 percentage points in the UK, China, UAE and India at the 95% confidence level. Base sizes under 100 are directional findings only.
Data from sothebysrealty.com: Google Website Analytics, sothebysrealty.com, April – December 2015 vs. April – December 2016.