Luxury Real Estate Headlines: Third Week in May 2015

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

imagereader.aspx$70,000,000 USD | New York, USA | Sotheby’s International Realty – Downtown Manhattan Brokerage

A Manhattan penthouse that sold for $50.9 million in early 2014 is relisting for $70 million, according to listing agent Kamali Chandler of Sotheby’s International Realty.
Called Penthouse One, the apartment comprises the top floor of Walker Tower, an Art Deco office building converted to condos. When it was sold by the developers in 2014, it set a record for the most expensive home sale downtown.

Manhattan Penthouse Goes Back on the Market for $70 Million — Wall Street Journal

Empty Nesters Reclaim the Kids’ Rooms — The Wall Street Journal

Monaco real estate just had its hottest year ever — CNN Money

On the Market: A 19th-century brownstone in Savannah, Georgia — Architectural Digest

Lutyens: Delhi’s Leafy Corridors of Power — Wall Street Journal

Orange County Nears Peak Prices — Mansion Global

5 reasons why LinkedIn is a useful tool for real estate agents — Inman

London Real Estate, Beyond Insane — Bloomberg

Indian Luxury Home Buyers Go Global — Mansion Global

A Hint of Versailles on Central Park South — New York Times

World’s Most Expensive Estate for Sale — Huffington Post

Sonoma Ranch with Party Barns Seeks $32 Million — The Wall Street Journal

Scottish house prices rise twice as fast as in England and Wales — Property Wire

Bridging the Divide Between Technology and Real Estate — Curbed Chicago

Signs of a Real Estate Upswing in Barbados — New York Times

Dining Al Fresco | Exquisite Outdoor Kitchens

There’s nothing quite liking enjoying a meal outdoors. Outfitted with all of the comforts and high-end appliances of an indoor kitchen while showcasing captivating views or tranquil surroundings, we’ve gathered below some outdoor kitchens from around the world to help discover the joys of dining al fresco.

California$3,100,000 USD | Santa Rosa, California | Sotheby’s International Realty – San Francisco Brokerage

This gated estate is nestled in the heart of Wine Country. Tucked in a peaceful setting among spreading oaks and lush gardens, enjoy this inviting outdoor kitchen and dining space. Complete with fireplace, a sunlit brunch or evening dinner with your friends and family is easy to imagine in this wonderful space.

IsraelPrice Upon Request | Caesarea, Israel | Israel Sotheby’s International Realty

Perfect for viewing sunsets over the Mediterranean, this palatial home is in one of the most sought after regions in all of Israel. The specially constructed Viking outdoor kitchen will offer you and your guests the finest of meals as you dine poolside with views of the adjacent orchards and spice garden.

Arizona$2,975,000 USD | Scottsdale, Arizona | Russ Lyon Sotheby’s International Realty

Overlooking the 3rd green of Monument Golf Course, this remarkably designed gated residence is a fusion of indoor and outdoor spaces. A complete outdoor kitchen and adjoining dining areas offer inspiring views of the surrounding landscape as the perfect meal is crafted and enjoyed. Experience breath-taking night skies while you take in dinner under the stars.

Canada1 295 000 $ CAD | British Columbia, Canada | Sotheby’s International Realty Canada

An enchanting home on historic Thetis Island, this is a timeless family retreat on the famed Clam Bay. A brand new outdoor kitchen and dining space complete with granite counters, barbeque and waterfront view is perfect for any meal of the day. Pick oysters and clams from your own beach and enjoy them fresh in this amazing space.

Significant Sales Volume 2 2015

The latest issue of Significant Sales features top sales from around the world beginning with a captivating penthouse in New York. Also featured are ocean views in Florida, an inviting estate in Colorado and more than twenty other properties from around the globe.

East Side 55m$55,559,392 USD | New York, USA | Sotheby’s International Realty-East Side Manhattan Brokerage

New York - This home is located on a full floor in the tower of Manhattan’s tallest residential building high over Central Park. It has exceptional personal service from Park Hyatt’s new five-star flagship hotel available to all owners. One57 is surrounded by the city’s best restaurants, shopping, entertainment and cultural offerings of Lincoln Center, Carnegie Hall and Broadway.

DCIM101MEDIA$19,000,000 USD | Florida, USA | Nestler Poletto Sotheby’s International Realty

Florida - This property is ideally located in the renowned Estate Section of Delray Beach, just seconds to the famed Atlantic Avenue, north of Boca Raton’s Mizner Park and south of Palm Beach Island’s Worth Avenue. The home sits on one of South Florida’s best land parcels with incredible privacy, great elevation, stunning ocean views and one of the deepest oceanfront parcels the South Florida coastline has to offer. It features six full bedrooms, seven full and three half baths and 16,000 square feet. It was designed by Affiniti Architects with Marc Michaels interiors and built by Mark Timothy Homes.

Aspen Snowmass 15.1m$15,100,000 USD | Colorado, USA | Aspen Snowmass Sotheby’s International Realty

Colorado - Atruly unique offering, this spectacular home is just a few blocks from Aspen’s core, yet it is situated with end of the road privacy and peaceful outdoor space. The combination of size, luxury and location are rarely seen in this market. There are six en suite bedrooms, plus an office, gym and media room.

Montecito  15m (3)$15,000,000 | California, USA | Sotheby’s International Realty-Montecito-Upper Village Road Brokerage

California - One of Montecito’s premier properties is perfectly situated on prestigious Picacho Lane. South facing terraces look over lush gardens to ocean and island views. This architectural masterpiece is unparalleled for its luxury, amenities and attention to detail. The approximately 3.5-acre estate is graced with two private water wells, a two-bedroom guest house, pool house, staff quarters and a north south tennis court.

Rego SIR Bermuda 14.75m (1)$14,750,000 | Bermuda | Rego Sotheby’s International Realty

Bermuda - This expansive estate was beautifully designed and built in 1992 for the enjoyment of a large family. Every detail of the property has been carefully crafted with high end materials and work- manship designed with a fine sensitivity to traditional Bermuda features. The main house includes four spacious bedrooms all en-suite, a large formal living room, informal living room/movie room with wet bar, dining room and library all with fireplaces, an office wing, a conservatory, two wine cellars, elevators and a two-bedroom staff apartment. The grounds are magnificent with a beach pavilion, two-bedroom guest cottage, separate gym, pool, tennis court and putting green, as well as access to Grape Bay Beach.

Significant Sales Volume 02 >

Luxury Real Estate Headlines: First Week in May 2015

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

2015_05_08_Redwood_California$8,000,000 USD | Redwood Valley, California | Dreyfus Sotheby’s International Realty

The owners built this 7,200-square-foot Victorian home in the 1990s, but strived to mimic the architecture and details of a house from a century earlier, using replicas of antique push-button light switches and 20 different moldings.” 

House of the Day: A Victorian-Inspired Cattle Ranch on 1,745 AcresThe Wall Street Journal

How the Master Bedroom Took Over the HouseThe Wall Street Journal

House hunting: 7 lovely homes on the Georgia coastThe Week

House of the Day: An Elegant Oasis in ManhattanThe Wall Street Journal

$550,000 Homes in Virginia, New York State and New MexicoThe New York Times

Americans are scooping up real estate bargains… overseasCNN Money

Spring Home Buying 2015Realty Today

Realogy sees ‘healthy’ spring selling season aheadInman

Pop RomanceSotheby’s

Van Gogh Painting Is Star During Sotheby’s AuctionThe New York Times

New and Notable Luxury Properties for Sale | April 2015

From a California home on two peninsulas to a contemporary villa in Cannes this month’s collection of exceptional properties for sale feature homes from some of the world’s finest locales.

Laguna Beach$75,000,000 USD | Laguna Beach, California | HOM Sotheby’s International Realty

California— Known as “Twin Points,” this Laguna Beach property is made up of nearly 2 acres and is bookended by two sandy beaches, Crescent Bay and Shaws Cove. The property has views of Catalina Island and the coastline and includes a three bedroom, three bathroom home and gust home. According to the Wall Street Journal, the former owner’s great-grandmother built a sea wall on the beach in the cove to create a saltwater swimming pool that fills with water at high tide. Such structures can no longer be built, so they are very rare.

FrancePrice Upon Request | Cannes, France | Côte d’Azur Sotheby’s International Realty

France—This modern villa faces south to enjoy stunning sea views. With lines resolutely contemporary, it benefits from upscale amenities and top of the range services, providing the latest technology of home automation. The home also has a heated infinity mirror pool, two pool houses, outdoor fireplace and summer kitchen.

Canada28 000 000 $ CAD | Toronto, Canada | Sotheby’s International Realty Canada

Canada— The home known as The Integral House—A house that changed the cultural landscape of a city. The finest craftspeople from around the globe collaborated to create this iconic dwelling using the best materials imaginable to create a work of art. Imagined around the concert hall, Integral House is all about entertaining. The home has a heated drive and indoor exercise pool and spa complex as some of its amenities.

Dubai179,000,000 AED | Dubai, UAE | Gulf Sotheby’s International Realty

Dubai—This Emirates Hills home is beautifully positioned offering uninterrupted views of the Emirates golf course and the Dubai Marina skyline beyond. The villa offers a unique, contemporary design fused with traditional architraves and is designed with family living in mind. The seven bedroom home has two mirror image full height aquariums, a bespoke built study, fully equipped professional kitchen, wine room, and gym among its amenities.

View Newly Listed Luxury Properties for Sale >

Luxury Real Estate Headlines: Fourth Week in April 2015

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

2015_04_24_Laguna Beach_CA$75,000,000 USD | Laguna Beach, California |HÔM Sotheby’s International Realty

Laguna Beach Home on Two Peninsulas Is Listing for $75 MillionThe Wall Street Journal

A Duplex on the Upper East Side for $18.5 MillionThe New York Times

In Fairfield, the Builders Are BackThe New York Times

Singer Nick Jonas sells his perch in Hollywood HillsThe Los Angeles Times

Geodesic dome home for sale has history for its former familyNewsday

Knowing the market can give investors an advantageUS News

Home buyers in these markets have the upper handCNN Money

A room-by-room guide to this year’s Sotheby’s Designer ShowhouseArchitectural Digest

Crown Jewels from Sotheby’s “Magnificent Jewels” saleArchitectural Digest

Significant Sales Volume 1 2015

The latest issue of Significant Sales features top sales from around the world beginning with an elegant townhouse in New York. Also featured are panoramic views of the Pacific in California, a snowy penthouse in Aspen and more than twenty other properties from around the globe.

East Side 37m (2)$37,000,000 USD | New York, USA | Sotheby’s International Realty-East Side Manhattan Brokerage

New York - Paul Mellon, heir to one of America’s great banking fortunes, and his wife, Bunny Mellon, built this extraordinarily beautiful 40 foot wide townhouse on a fabled Upper East Side block in 1965. Featured in The World of Interiors magazine, the townhouse, designed in the neo-French classic style and evoking the charm of the French countryside, reflected the passions of its owners. Paul Mellon curated his art collection in the library overlooking the exquisite garden with reflecting pool and gazebo, where Bunny Mellon, designer of the White House Rose Garden and friend to U.S. First Lady Jacqueline Kennedy Onassis, indulged her love of gardening. The high-ceilinged drawing room and dining room lead to a spectacular terrace, the center of celebratory parties. The townhouse has 5-8 bedrooms, with flexibility for guests and staff, eight baths, chef’s kitchen, wine room and elevator. Most rare, however, the house has three exposures, affording brilliant sunlight into some of the most beautiful rooms on the Upper East Side.

East Side 25m (2)$25,000,000 USD | New York, USA | Sotheby’s International Realty-East Side Manhattan Brokerage

New York - Built in 1887 by William Noble, 247 Central Park West is one of the few remaining single family homes on Central Park. Today with 10,745 square feet, this magnificent architectural master- piece juxtaposes historic prewar details with contemporary splendor. The home boasts a 60 foot fresh water pool, Zen-like bamboo garden and a roof deck with sweeping park views.

Bridgehampton 16.5m (1)$16,500,000 USD | New York, USA | Sotheby’s International Realty-East Side Manhattan Brokerage

New York - This rarely available, gated waterfront retreat is on more than three acres in North Haven. It features 200 feet of direct water frontage on Shelter Island Sound, with spectacular open, unobstructed water views across the bay to Mashomack Preserve and beyond.

Vista 15.5m (2)$15,500,000 USD | California, USA | Vista Sotheby’s International Realty

California - Via Visalia not only has a panoramic view of the ocean and city, but sights as far as the eye can see. The home features an orchard with fruit trees and vegetable farm. There is a swimming pool and a tennis court, separate garden and prep area for cutting flowers, as well as a picnic bench on the west side overlooking the Pacific Ocean. The house was designed by renowned Wuesthoff & Pearson, AIA. Each of the finishes from the wood beam ceilings to the vintage iron railings to the Spanish tiles and custom antique doors imported from Mexico were hand-selected by the owner. Most of the home is all on the first floor with picturesque views of Los Angeles and the entire Santa Monica Bay. With the lot measuring approximately 116,305 square feet and with more than 200 feet facing the ocean, it’s the third largest property in Palos Verdes Estates and the largest of its kind available in almost two decades.

ASPEN MTN.jpg$13,200,000 USD | Colorado, USA | Aspen Snowmass Sotheby’s International Realty

Colorado - This brand new, one-of-a-kind, four bedroom, four-and-a-half bath penthouse is located in the heart of downtown Aspen. Features include multiple south-facing decks (one with a giant hot tub), outdoor kitchen and fireplace, private entry and elevator and underground two-car garage. Current land use codes do not allow Penthouses of this magnitude (5,000 square feet) to be constructed in Aspen’s downtown core again. Located one flat block from the Gondola and surrounded by the fabulous shops and restaurants of Aspen. Significant Sales Volume 01 >

California Dreamin’ | Luxury Real Estate Road Trip

The western most of the contiguous 48 United States, California, is known for its diverse beauty and rich cultural significance. From world renowned skiing and surfing, national landmarks like the Golden Gate Bridge and the Hollywood sign or breathtaking vistas, enduring national parks, and unrivaled beaches, California remains one of the most sought after destinations for luxury real estate in the world. Discover some of what California has to offer as we take you on a virtual road trip through the properties below!

TahoeCity$3,590,000 USD | Tahoe City, California | Sierra Sotheby’s International Realty

Tahoe City - Starting in Northeastern California, this architecturally sophisticated home showcases the beauty of Lake Tahoe and the surrounding natural landscape. Far from the glitz and glamour of California’s more metropolitan regions, discover the serenity of the Golden State’s forest and lakeside vistas.

SanFrancisco$1,650,000 USD | San Francisco, California | Sotheby’s International Realty-San Francisco Brokerage

San Francisco - The next stop on our road trip is the famed bayside city of San Francisco. Situated along the Greenwich Steps below Coit Tower, this contemporary condo has breathtaking views of the Bay, Bay Bridge and beyond. Merging contemporary aesthetics with idyllic and iconic San Francisco surroundings, this home offers the quintessential San Franciscan experience.

LosAngeles$3,200,000 USD | Los Angeles, California | Ewing & Associates Sotheby’s International Realty

Los Angeles - Travelling south we arrive in the famous city of Los Angeles where we have a grand Mediterranean bordering Griffith Park. Located on one of the most storied streets in all of the Oaks, this elegant home offers inspiring views of towering pines, Griffith Observatory and the captivating city lights.

ManhattanBeach$7,250,000 USD | Manhattan Beach, California | Vista Sotheby’s International Realty

Manhattan Beach - Just north of Long Beach and west of Los Angeles, we’ve reached this unique home in Manhattan Beach. Originally constructed in the mid 1930s by MGM Studios, it is said that Errol Flynn once lived in this home. Rebuilt in 2002 to exacting standards by a team of passionate experts, this property is the unrivaled result of Art Deco and Contemporary design motifs in harmony.

NewportBeach$5,248,000 USD | Newport Beach, California | HOM Sotheby’s International Realty

Newport Beach - Continuing down the Pacific Coast, we arrive in the town of Newport Beach, where we have waterfront living at its finest. Evoking the architectural charm of the Eastern seaboard, this pristine Cape Cod-style bay front home on Balboa Peninsula has a decidedly West Coast flair and relaxed, welcoming aesthetic. A private slip and side tie to accommodate a yacht in excess of fifty feet plus rare access to a private beach makes this is an ideal harbor front home.

RanchoSantaFe$4,595,000 USD | Rancho Santa Fe, California | Pacific Sotheby’s International Realty

Rancho Santa Fe - Our last stop on this virtual tour brings us just north of San Diego to Rancho Sante Fe. Located in the peaceful, gated golf course community of The Bridges, this elegant home is a genuine architectural masterpiece. Overflowing with warmth and drama, this remarkable estate reveals beauty in concert with its picturesque location, which is served by the award-winning Rancho Santa Fe School District and convenient to dining, shopping and miles of sun-drenched beaches.

Explore Luxury California Real Estate > 

New and Notable Luxury Properties for Sale | March 2015

From the California home of former president Richard M. Nixon, to a sprawling apartment overlooking the Dubai Marina, this month’s collection of exceptional properties for sale showcases exquisite lifestyles from around the globe.

California$75,000,000 USD | San Clemente, California | HOM Sotheby’s International Realty

California-La Casa Pacifica, originally known as the Cotton Estate, holds a prominent place in California history. Hamilton H. Cotton reserved San Clemente’s finest oceanfront parcel for his own estate. His vision was to model his home after an Andalusian-themed manor he had seen in San Sebastian, Spain. The Cotton Estate gained national prominence when, in 1927, it was featured in Architectural Digest. In 1970, the home would again appear in the magazine, this time featured as the cover photo and described as “The Western White House,” highlighting the importance of its second owner, then-President Richard M. Nixon.

New York$19,995,000 USD | Wainscott, New York | Sotheby’s International Realty- East Hampton Brokerage

New York- With interior finishes by noted design firm, Haynes-Roberts, this seven bedroom, seven bathroom home in New York, sits on two gated acres with views over an agricultural reserve to ocean. The home features a library, screening room and Ed Hollander designed grounds with heated 75 ft saline pool, gym and garage.

France15.800.000 € EUR | Saint James, France | Paris Ouest Sotheby’s International Realty

France- This eight bedroom Art Deco mansion has plenty of entertaining space and sits on a private street. An open layout plan lends to spacious reception and dining areas with large windows taking in the views. The home also features a gym, swimming pool and a sprawling outdoor terrace.

Dubai55,000,000 AED | Dubai, UAE | Dubai Sotheby’s International Realty

Dubai- Comprising an entire floor in the Elite Residence Tower, this apartment has unrivaled views of the Palm Jumeriah and Dubai Marina. Six bedrooms and en-suites,various offices and gym rooms are sprawled across this spacious 12,469 square foot living space allowing for ultimate luxury and privacy. The home also features an indoor swimming pool and plenty of terrace space to enjoy the views and relax.

View Newly Listed Luxury Properties for Sale >

Serenity Now | Art & Home

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 Art & Home – April 2015

The latest edition of Art & Home is here! This month we’re showcasing tranquil, harmonious environments inspired by Asia that provide refuge from the hustle and bustle of the modern world.

California$2,300,000 USD | Beverly Hills, California | Sotheby’s International Realty- Beverly Hills Brokerage

Because the external world seems to be in a perpetually chaotic and frenzied whirlwind, internally, serenity is always in style.Creating a calm, meditative state within one’s home with an environment that’s at once soothing, orderly and sophisticated, can be achieved by incorporating earthy colors with inspired furnishings and restrained accessories, so each room is a serene, tranquil haven.

Colorado$2,625,000 USD | Telluride, Colorado | Telluride Sotheby’s International Realty

The hallmark of this approach: Asian-inspired décor, which utilizes classic elements from exotic nations such as China, Japan, India and Nepal: a Mongolian area rug; an antique, blue and white Chinese vase from the Ming Dynasty; a delicately hand-painted Japanese screen; an ornately carved console or chest.  The Zen is in the details. “Clients want touches, not whole spaces, to look Asian,” said French native interior designer Marie Burgos.

North Carolina$7,800,000 USD | Raleigh, North Carolina | Hodge & Kittrell Sotheby’s International Realty

So the key to a successful design is not to recreate period rooms, noted New York City interior designer Geoffrey Bradfield, but rather to employ economy of design with carefully selected, refined furnishings that have clean lines, combined with a selection of ornamental pieces, for an eclectic effect. “Contemporary Asian styling is less ornate than in previous years, less formal and rigid,” added Andrew Hunter of Sotheby’s International Realty in Thailand.

Thailand$9,750,000 USD | Phuket, Thailand | Hunter Sotheby’s International Realty

Additionally, the principles of feng shui are sometimes utilized to emphasize an uncluttered, open flow throughout the spaces, and to accentuate harmony and balance.  To that end, New York-based Burgos incorporates the five natural elements –wood, fire, earth, metal and water—in her home designs.  The elements needn’t be literal, she emphasized.  The earth, for instance, can be represented with a collection of terra cotta vases or stone tiles. Fire can come into play via an interpretive lighting fixture, while a pop of red in a painting can serve the same purpose.   But it’s best to keep the overall color palette in neutral tones to underscore the desired intent:  a peaceful space.

Article provided by Claudia Cryvatz Copquin exclusively for Art & Home. 

Discover much more in the Art & Home digital edition now on iPad and Android!

iPad - https://itunes.apple.com/us/app/art-home/id962145331

Android - https://play.google.com/store/apps/details?id=com.sothebysrealty.arthomeandroid