Luxury Real Estate Headlines: Fourth Week in October 2014

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

2014_10_24_Las Vegas$3,988,000 USD | Las Vegas, Nevada | Synergy Sotheby’s International Realty

House of the Day: Viva Las Vegas ViewsThe Wall Street Journal

On the Market: A quaint 18th-century farmstead in the Swedish countrysideArchitectural Digest

On the Market: An 18th-century manor in historic Cortona, ItalyArchitectural Digest

What You Get for … $1,500,000The New York Times

Affordability in Danbury, Conn., Just Over the BorderThe New York Times

Billionaire Businessmen Buying Up Mega-RanchesThe Wall Street Journal

London’s Regent’s Park Is Having a MomentThe Wall Street Journal

Home of the Day: Zen-ful midcentury in BrentwoodThe Los Angeles Times

Inside Ultra-Luxury Kitchens: Trends Among Wealthy Buyers—Forbes

Bunny Mellon’s Breathtaking Private Collection on Sale at Sotheby’sArchitectural Digest

Art of Interiors

When designing a home, knowing how to best display your artwork is an important consideration. Interior designer April Russell, offers her top tips for how best to display artwork in your home.

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Think carefully about your surroundings

Each piece of art in your collection has been carefully selected and deserves its own place to shine. To create a home with all the beauty of a galleried space, carefully consider using a frame within the time period of the work, avoid hanging art on an overly patterned wall, and design your room around the artwork, rather than choosing works that simply ‘fit.’

april-russell-art-interiors

Make a plan for your collection

Something I like to do, especially when working with a large collection, is to split the pieces across different rooms, and lean the art against walls before making a decision. This way, I can see how the piece will work with existing colors and patterns before making a final decision—and any unnecessary holes in the wall.

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Don’t be afraid to be a little different

Sometimes it’s fun to try something new with your art. One thing I find adds a delightful pop of color is to take a black and white print, and adorn it with a bright frame. This works especially well with a cluster of family portraits. It’s unexpected and a perfect way to add personality to your home.


Courtesy of LuxDeco

april russell

Many thanks to our guest blogger, April Russell, who has more than 20 years’ experience, trained at London’s Inchbald School of Design and at Sotheby’s, where she developed her talent and confirmed her determination to put the client at the center of each design project.

For more information about April Russell, visit www.aprilrussell.com, or follow on Twitter at @a_r_studio

 

The Iconic Kestrel Ridge Farm in Calgary, Canada | Video House Tour


Discover Kestrel Ridge Farm, an iconic 160-Acre property cradling the Elbow River in Springbank and just minutes from Calgary’s metropolitan center. Nestled in the foothills of the pristine Canadian Rockies, this highly coveted equestrian estate sits on the last remaining area of untouched plateau before ascending into the revered rocky mountain ridges.

30 000 000 $ CAD | Calgary, Canada | Sotheby’s International Realty Canada

Rustic + Modern Decor Juxtaposition

When modern design is juxtaposed with rustic architecture, the results can be truly majestic. Explore four luxury homes for sale whose history and unfinished attributes are contrasted with modern interior design.

Verona ItalyPrice Upon Request | Verona, Italy | Milan Sotheby’s International Realty

Italy

Built in the 1800s, Villa Fontana overlooks Garda Lake in Bardolino. The villa was completely renovated while maintaining and enhancing the original materials including exposed stone, beams and iron. Modern elements are infused throughout with chandeliers, appliances and glass.

Gozo_Malta670.000 € EUR | Gozo, Malta | Malta Sotheby’s International Realty

Malta

Originally built by the Knights of St. John, Fort Chambray combines impressive history with new age luxury. The exterior maintains the original façade which is contrasted by the interior, boasting bold modern design and contemporary furniture and fixtures.

Washington$1,395,000 USD | Townsend, Washington | Realogics Sotheby’s International Realty

Washington

Nestled at the end of a long driveway, this equestrian estate offers a rustic blend of rough-hewn and contemporary style. The exposed beams and wood paneled ceilings are balanced with bright and bold patterned textiles, furniture and lighting.

Rhode Island$5,150,000 USD | Newport, Rhode Island | Gustave White Sotheby’s International Realty

Rhode Island

This 1890’s award-winning stone carriage house was restored using design elements and recycled materials to enhance the existing space. White cabinetry and stainless appliances offset the exposed brick and wood architecture in the kitchen and dining area.

Outdoors Are In

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

Out is the new in.  Plush sofas, area rugs, stone fireplaces–for the past several years, traditional furnishings and design elements that were once relegated exclusively to interiors have been trickling to exteriors, with homeowners creating exquisite residential spaces under the skies for relaxation and entertaining.

And it’s not only the living room that has gone rogue.  The solitary, standard patio barbeque grill has been replaced with sophisticated, gourmet kitchens complete with pizza ovens, flat screen TVs and built-in espresso machines.  After cooking alfresco, homeowners wine and dine with family and friends under the stars and glittery chandeliers, followed by open-air movies or sports on pop-up screens.

KSG9V4 Thailand$2,750,000 USD | Koh Samui, Thailand | Hunter Sotheby’s International Realty

Nowadays “people don’t want to be confined to inside anymore,” says Suzanne Perkins of Sotheby’s International Realty in Montecito, CA.  They want the option to literally spread out—and to interact with nature with the same comfort and style that they enjoy indoors.

Indeed, when pros specializing in residential design were surveyed by the American Society of Landscape Architects to rate the popularity of outdoor design elements for 2014, kitchens and entertainment spaces were second most popular, at 92 percent (gardens and landscaped spaces came in first at 94.2 percent).

Of course, in certain parts, this indoor/outdoor approach to living isn’t new at all.  “This has been the lifestyle in Hawaii,” says Dodie MacArthur of MacArthur Sotheby’s International Realty in Kailua-Kona, Hawaii.  “Whatever activities you can do indoors you can do outdoors.”

KDQWM6 Montecito$12,900,000 USD | Montecito, California | Sotheby’s International Realty- Montecito-Coast Village Road

Surprisingly, that’s also now the mindset in areas that aren’t particularly warm year-round.  “Outdoor living is a really big trend here over the last couple of years,” says Andrew Ernemann, a broker associate at Aspen Snowmass Sotheby’s International Realty.  Although they have a short warm weather season, Ernemann’s clients want to maximize their time outdoors when they stay in Aspen.

But the trend isn’t just about stepping out and reclining on a deck or patio.  It’s far grander than that.  “It’s about creating a personal destination.  People want the entire experience of the best resorts in the world, incorporated into their outdoor spaces and customized for their needs,” says MacArthur.

One of the best ways to achieve a seamless, organic flow with an open floor plan is by utilizing floor to ceiling sliding or swinging glass doors, suggests Perkins, “so the outside isn’t a secondary defined area, but more of a smooth transition from inside to outside.”

3299vb BarbadosPrice Upon Request | Saint James, Barbados | West Coast Villas Sotheby’s International Realty

When considering the creation of outdoor living spaces such as a dining room, living room and kitchen, do work with a landscape architect and/or interior designer with experience in indoor/outdoor living.  And Brooklyn-based designer Lyani Powers says that a good approach is to plan the entire project at once, taking into account basic necessities such as plumbing, heat and electricity, audio and visual equipment and wireless/internet connectivity.  There may also be structural additions, such as pergolas, loggias or lanais, for shade and protection.

There are outdoor living solutions for all types of climates, even rain and cold.  “Open but covered is the way to go,” says Krista Hunter of Hunter Sotheby’s International Realty in Thailand.  “Otherwise you run the risk of not being able to use your outdoor space for much of the time.”  In Aspen, some homeowners add roofs over their outdoor living rooms so they can still be utilized in the winter.

ZZSGLS Hawaii$11,950,000 USD | Hawi, Hawaii | MacArthur Sotheby’s International Realty

Most outdoor areas typically feature recreational zones, which can include a hot tub and swimming pool.  But consider adding wow factors to enhance the outdoor experience:  a pool table, a life-size chess set, a putting green and a bocce ball court.   Take it a step further with a complete bar, which can connect visually to the nearby kitchen zone, where function is at a maximum with every state-of-the-art stainless steel appliance that’s incorporated in standard indoor kitchens, plus a variety of extras:  a hooded grill with a built-in fryer and smoker, a pizza oven, a rotisserie, a wine cooler, icemaker and wet bar, a cappuccino and espresso machine, and of course, ample storage space, work stations and countertops with stools for casual eating.

SY9BJT Colorado$20,000,000 USD | Woody Creek, Colorado | Aspen Snowmass Sotheby’s International Realty

Adjacent to the kitchen would be a dining zone.   For a cozy effect, cover it with a pergola and then hang a decadent chandelier over the table to set the mood at twilight.   After a fine meal, meander over to the living room zone.   If cool weather is a factor, think about including a heating system – which may range from traditional patio heaters to a built-in fireplace or radiant heat.  This space in particular should offer ample ambient lighting, entertainment in the form of audio and/or visual equipment designed specifically for the outdoors and comfortable seating (upholstered in outdoor fabrics, of course), area rugs and accessories, but do keep in mind one rule of thumb, stipulates HGTV and STYLE Network expert Kelly Edwards:  all of the exterior spaces must coordinate aesthetically with your interior décor, so that your home – inside and out– is cohesive and visually appealing.

Other than that, when going out, the sky’s the limit.

Article provided by Claudia Gryvatz Copquin exclusively for Sotheby’s International Realty®.

Browse our digital magazine featuring outdoor living spaces >

Significant Sales Volumes 7 & 8 2014

The latest issue of Significant Sales features top sales from around the world, beginning with a private beach home in the Bahamas. Also featured is an architecturally stunning residence in New York City, a country French masterpiece in California and over forty other properties from across the globe.

Lyford Cay Bahamas Harbor House$42,000,000 USD | Bahamas | Lyford Cay Sotheby’s International Realty

Bahamas- This property offers its owners their own private beach in a secure community. Meticulously maintained, the spacious 30,000 square foot family home is situated on two acres with 590 feet of frontage located at the entrance to the Lyford Cay Marina. One of the most prestigious properties in Lyford Cay, included in the sale is a 1.4 acre beachfront lot across the street. Amenities include a tennis court, pool, Jacuzzi, 200 feet of dock and all of the necessary improvements for easy tropical living.

Greenwich 27.5m (1)$27,500,000 USD | Connecticut, USA | Sotheby’s International Realty-Greenwich Brokerage

Connecticut- An hour’s drive from New York City, beautiful Conyers Farms is where Academy Award-winning producer and director Ron Howard and his wife chose to raise their family. Their private country estate, consisting of approximately 32 acres of unparalleled privacy showcases a splendid shingle style main house with more than eighteen thousand square feet, a charming Craftsman style two-bedroom guest house, an indoor sports complex, observatory silo with Meade telescope, barns, paddocks, ivy-draped stone head house, greenhouse plus formal rose, boxwood and organic gardens.

East Side 20.5m$20,500,000 USD | New York, USA | Sotheby’s International Realty-East Side Manhattan Brokerage

New York- This architecturally stunning full floor prewar residence on Fifth Avenue is in triple mint condition and was designed by world-renowned architect, Roger Ferris. Situated on 88th Street directly opposite the Guggenheim Museum, the views of Central Park, the Reservoir and city skyline from this 11th Floor apartment are truly spectacular.

East Hampton 21.5m (1)$21,500,000 USD | New York, USA | Sotheby’s International Realty-East Hampton Brokerage

New York- This unique European Villa was built in 1915 and designed by noted architect William Bottomley. It was completely renovated in 2009 by architect Robert Young, who combined contemporary elements with the original details in all six bedrooms and six-and-a-half baths. There is a large living room with dual fireplaces, chef’s kitchen with copper and steel cabinetry and tamarind wood ledges. Surrounded by four rolling acres of lush green lawns, orchards, lily pond, immaculate gardens, tennis court and oversized pool with pool house, the home has private ocean access.

Georgica Cove, 26 West End Rd, East Hampton, NY, Long Island, New York$21,250,000 USD | New York, USA | Sotheby’s International Realty-East Hampton Brokerage

New York- This home has sensational sunset waterviews from a vacant 3.2-acre meadow with an open lawn to 197 feet directly on Georgica Pond. The estate is minutes to the ocean beach. It is zoned for a 15,000 square foot residence, pool and tennis court.

Ewing 19.750m (1)$19,750,000 USD California, USA | Ewing Sotheby’s International Realty

California- This brand new home is gate and very private.  A country French masterpiece, it is set on three flat acres and has its own vineyard.

Significant Sales Volume 7 >

Significant Sales Volume 8 >

Relaxing Retreats| Elegant Master Bathrooms

From chandeliers to extraordinary views, Georgia to Thailand, explore six homes that transformed ordinary master bathrooms into unique, elegant and relaxing retreats.

Athens_Georgia Prop id 7pzkmf$3,650,000 USD | Athens, Georgia | Atlanta Fine Homes Sotheby’s International Realty

Secluded on 12 acres in Athens, Georgia, this country estate features a stone-clad main house with porte cochere, pool and five-car garage. Inside, rustic wood beams accent the ceilings, and oversize windows allow light to flood in. The layout includes six bedrooms and six baths. Deco-inspired black-and white tile floors and free-standing bathtubs complement the traditional look. The master bath centerpiece is the large walk-in shower with an enclosure of glass panes offset by black mullions.

Rolling Hills, California Property id# YGJJ2Y$8,499,000 USD | Rolling Hills, California | Ewing & Associates Sotheby’s International Realty

Architect Cliff May, renowned for his casual California Ranch style, designed this 14,000-square-foot home set on four acres in Rolling Hills, California. Views of Los Angeles and the Pacific Ocean can be seen from the stone deck and indoor pool with retractable roof. Cathedral ceilings with wood beams lend structure to the free-flowing plan, which contains seven bedrooms, seven baths and three powder rooms. As part of a remodeling in 2010, the baths were finished in white marble and travertine.

Izamal_Mexico Property id ZDFYBX$2,275,000 USD | Izamal, Mexico | Riviera Maya Sotheby’s International Realty

Bathed in warm terracotta tones and ensconced in lush vegetation, this 10-bedroom, 10-bath remodeled farmhouse in the Yucatán town of Izamal, Mexico, is rich in history. The building dates to the early 19th century. In 2002 the town joined the Pueblos Mágicos program to preserve both its Mayan and colonial cultures. Hand-plastered walls, soaring ceilings and hand-hewn woodwork are present throughout. The baths are distinguished by natural rock walls and tall French doors with ornately carved wood shutters.

Rancho Santa Fe_California Prop id ZYHRKE$3,550,000 USD | Rancho Santa Fe, California | Pacific Sotheby’s International Realty

Commanding hilltop views and surrounded by mature tropical vegetation, this eight-bedroom, seven-bath adobe home in Rancho Santa Fe, California, is rich in history. The structure was originally a 1900 mission building transported to its current location for Hollywood starlet Corinne Griffith. The residence retains numerous original features, including handcrafted wood shutters, distinctive “latillas and vigas” (sticks and beams), ceilings and stained-glass skylights. Amenities include seven fireplaces and baths with brightly-colored Talavera-style painted sinks bathtubs, old-fashioned skylights and ornately carved woodwork.

Magaro Residence$10,500,000 USD | New Canaan, Connecticut | William Pitt Sotheby’s International Realty

English arts and crafts meets American shingle style in this six-bedroom, seven-bath residence in New Canaan, Connecticut, designed by Wadia Associates. Finishes include five-inch, quarter-sawn, white-oak floors, leaded glass windows and fixtures by Waterworks. Twelve-foot ceilings grace the master suite. A master bath is warmed by radiant-heated marble floors. Additional amenities include a wine cellar, massage room, yoga studio and tennis courts. The elegant garden is scented by David Austin English roses, espaliered Asian pear trees and grape and kiwi vines.

Surat Thani Thailand Property Property ID 7LN6Q9฿136,013,595 | Surat Thani, Thailand | Hunter Sotheby’s International Realty

Directly on a beach dotted with gigantic boulders, this five-bedroom, six-bath house on the island of Ko Samui in Thailand invites nature inside. Twenty-foot ceilings with swooping roofs animate the architecture. A glass wall in a bedroom abuts the pool to simulate an aquarium, while in the master bedroom, sliding doors open onto the sea. The deck features a media center and projector for outdoor screenings. Rock formations incorporated into the bath and the outdoor showers complement the organic theme.

Asian Inspired Modern Luxury Retreat in Bald Head Island, North Carolina | Video House Tour


Surrounded by a maritime forest of live oaks and sabal palmettos, and overlooking miles of tidal creeks and saltwater sound, this handcrafted Asian inspired masterpiece blends seamlessly into its pristine coastal environment. Designed by renowned architect David Lisle, each and every space beckons you to experience the extraordinary nature of this magnificent island location.

$2,500,000 USD | Bald Head Island, North Carolina | Landmark Sotheby’s International Realty

Austin, Texas | Market Spotlight

Austin_Texas$24,500,000 USD | Magnolia, Texas | Kuper Sotheby’s International Realty

“The Austin market has seen exceptional growth over the last year thanks in part to a host of events that have placed our small Texas city firmly onto the worlds’ stage. Events like the Formula 1 US Grand Prix and the X Games have now made Austin their home bringing with them a flood of new buyers to the high-end market and putting inventory of $1million+ properties into a sharp decline. Tower cranes are a common sight in the city’s core as several new luxury residential condo projects are being built to provide a product that has not been in demand before. The technology and film sectors continue to grow with the addition of Google Fiber to the greater Austin area. With the addition of new international flights at the airport along with new and exciting events, entertainment and development on the horizon, Austin will continue to increase in its appeal to national and international clients alike.”

– J. Kuper, principal broker and owner, Kuper Sotheby’s International Realty and Capital City Sotheby’s International Realty

Private Oasis in Rhinebeck, New York | Video House Tour


Buttermilk Falls, within easy driving distance north of New York City, just outside the village of Rhinebeck in the historic Hudson River valley. Dramatically situated at the edge of a 50 ft. waterfall is this series of wood-framed and copper-roofed pavilions designed for living, working and peaceful contemplation.

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