Connecticut and Westchester County, NY | Market Spotlight

Purchase_NY$8,495,000 USD | Purchase, New York | Julia B. Fee Sotheby’s International Realty

“In Connecticut and Westchester County, New York, our markets have experienced promising activity in recent months, particularly with the significant uptick in pending sales, and I am bullish on the market remaining strong through the fall and into next year. The second quarter saw a slower pace of gains than we have been accustomed to after two years of consistent growth and quarter-to-quarter sales increases often reaching double digits, yet this finding is not altogether unexpected as we move into a more normalized housing market. Activity leveled off in the second quarter so that we are approximately even with where the market was at the same time last year, yet this was largely due to the delayed spring selling season that resulted from the overlong winter. The fundamentals of the market are still very strong, with high consumer confidence, stable prices, the improved employment picture, and historically low interest rates all pointing to a strong finish to the year. Our market areas in Connecticut and Westchester County remain highly sought after for the quality of schools, miles of Long Island Sound shoreline, easy access to Manhattan, cultural and recreational opportunities, property taxes compared to neighboring states, and the highest per capita income in the country.”

– Paul Breunich, president and chief executive officer, William Pitt and Julia B. Fee Sotheby’s International Realty

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Luxury Real Estate Headlines: Last Week in August 2014

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

2014_8_29_Connecticut$1,840,000 USD | Easton, Connecticut | William Pitt Sotheby’s International Realty

House of the Day: Contemporary Corporate and Personal Retreat– The Wall Street Journal

On the Market: A 16th-Century Estate Near LisbonArchitectural Digest

On the Market: a 1930’s Monterey ColonialArchitectural Digest

‘Supernatural”s Jensen Ackles To List Malibu Home– The Wall Street Journal

$60 million Three Ponds Farm is a golfer’s paradiseThe Los Angeles Times

Study Shows Value of Living Near a Place of WorshipThe Wall Street Journal

Philip White’s Interview with the Entrepreneur CEO Show– Entrepreneur CEO Show

London Frieze Preview– Sotheby’s

Repurposed Homes | Upcyled for Modern Living

Before they were homes, these unique abodes served different purposes—from a former factory to a windmill. Transformed by visionaries who saw the potential in disused and former commercial spaces, discover how these buildings became spectacular repurposed homes, fit for a modern lifestyle.

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

Australia— Built in 1884 as the first Salvation Army Barracks in Australia, this historical building in Melbourne has been completely restored as a modern family home. The spacious, open concept modern touches are balanced by original features, such as the original Baltic timber ceiling. The home includes an industrial kitchen and a glass-encased wine room that holds 20,000 bottles.

Windmill Home Connecticut$1,925,000 USD | Essex, Connecticut | William Pitt Sotheby’s International Realty

Connecticut— Sitting on the Connecticut River, this 1960’s windmill has been converted into a four-storey home with three bedrooms, a full bath, wet bar and a living room. Restored in New England shaker style, the windmill has functioning blades and a 360-degree wraparound deck with amazing water views.

Fire House Quebec2 998 000 $ CAD | Montreal, Canada | Sotheby’s International Realty Quebec

Montreal— This historic and unique residence in Montreal, Canada, was formerly a fire station. Completely renovated in 2005 into an inviting family home, it is a cheerful oasis full of unusual architectural details, from the abundant fenestration, to the gracious woodwork, moldings, and of course, the original fire pole. Discreetly located, the home is surrounded by parkland on three sides, and situated on a generous landscaped lot.

Chocolate Factory Utah$1,199,950 USD | Salt Lake City, Utah | Summit Sotheby’s International Realty

Utah— This modern apartment in Salt Lake City within The Broadway Lofts was originally built in 1898 as McDonald’s Chocolate Factory. The home boasts bold, gallery-ready concrete and brick walls, and a 50 ft. glass window wall, creating an avant-garde atmosphere. 18-ft ceilings throughout the open-concept living space create a balance of hip city ambiance with refinished ebony stained oak floors and artistic interior features.

 

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The Connecticut Coast | A Blue Chip Lifestyle

From the pages of RESIDE® | Luxury Homes and Lifestyles Around the World | Spring 2014 Northeast Edition

In investing, “blue chip” refers to a well earning, established stock that reliably pays long-term dividends. The same definition could describe property on the coast of Connecticut. If standard seafront destinations rise and fall with economies and new resort developments can seem like the latest hot commodity, the Connecticut shoreline has proven to be a steady, multifaceted index of esteemed properties and locations representing generations of wise and fruitful investment.

Old Saybrook_Connecticut$10,800,000 USD | Old Saybrook, Connecticut| William Pitt Sotheby’s International Realty

The 100-mile arc that frames the north side of Long Island Sound between New York and Rhode Island is renowned for its stunning views of the water, a vibrant boating culture and seamless access to the ocean, and the succulent local oysters and clams. Remnants of pre- and post-Colonial history are mixed with 19th century maritime commerce to create a cultural stew of indelible New England flavor.

Madison_Connecticut$2,575,000 USD | Madison, Connecticut| William Pitt Sotheby’s International Realty

Margaret Muir, Realtor with William Pitt Sotheby’s International Realty who has sold properties on the coast for over 25 years, says that people who used to come here just for the summer, “have found ways to make the coast a bigger part of their life, either to ultimately retire here or to buy a second home here and make use of it throughout the year.”

Riverside_Connecticut$10,750,000 USD | Riverside, Connecticut| Sotheby’s International Realty—Greenwich Brokerage

Today’s homeowners who choose to commute to jobs elsewhere find Connecticut’s coastal towns an antidote to city life. Historically, commuting was associated with western communities like Greenwich and Fairfield—essentially extended suburbs of New York—but today nearly the entire region is accessible.

“This is especially true,” Muir says, “as people are able to work differently and aren’t tied to offices as much as they traditionally have been. That flexibility will only increase the demand for this lifestyle.”

Old Greenwich_Connecticut$9,250,000 USD | Old Greenwich, Connecticut| Sotheby’s International Realty—Greenwich Brokerage

From Madison, for instance, where William Pitt Sotheby’s International Realty opened a shoreline office in 2005, New York and Boston are roughly 2 hours by car and Hartford is 45 minutes. I-95 runs near the coast, and the Metro North and Shore Line East trains service nearly every town. Quaint, central coast markets like Guilford, Clinton and Old Saybrook offer a perfect blend of value, leisure and convenience and offer a range of properties from cottages just off the beach to $5 and $6 million oceanfront homes. Continue Reading >

Article provided by Derek Duncan exclusively for Sotheby’s International Realty®.

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Mid-Century Modern Architecture

Over the years, the history of architecture has revealed many different styles of structural design. During the 20th century, modern architecture took center stage, later to be recognized as a significant design movement. Built from 1945 to the 1980’s, mid-century modern homes are characterized by simplicity, open design concepts, and extensive use of glass, meant to create an uninterrupted connection with nature. Defined by their attention to detail, artistic touches and incorporation of harmony with nature, Ulrich Franzen, Frank Lloyd Wright and Richard Neutra became known as some of the most important modernist architects. Explore five luxury mid-century modern homes currently on the market, designed or inspired by the styles of these three renowned architects.

Ulrich Franzen The Dana House_CT$5,500,000 USD | New Canaan, Connecticut | William Pitt Sotheby’s International Realty

Built in 1963 on former farmland in the midst of an apple orchard, the Dana House, designed by Ulrich Franzen, was unique in design in contrast to the glass rectangles created by many prominent mid-century architects. This brick ‘pavilion house’ set on nine acres of expansive lawns, meadows, orchards and woods, is over 5,500 square feet of modern mid-century design and on the market for the first time. This tranquil oasis offers the best of both worlds with its proximity to the heart of New Canaan, CT, one of Fairfield County’s most desirable locations. The home has five bedrooms, four full and one half baths, multiple decks, and acres of privacy. Multiple walls of glass, offer uninhibited views of the lush outdoor landscape. The property is protected by the New Canaan Nature Center in the rear and the New Canaan Land Trust on one side.

Frank Lloyd Wright_Houston$3,195,000 USD | Houston, Texas | Martha Turner Sotheby’s International Realty—Memorial Brokerage

This is a once in a lifetime opportunity to own the only Frank Lloyd Wright home in Houston (Bunker Hill Village). Originally designed in 1954, built in 1955 and expanded by the current owner, this home is truly an artistic masterpiece. Art aficionados will appreciate the multiple gallery walls throughout this striking residence. Situated on a gated, approx. 51,727 square foot lot at the end of a lane, this residence is ideal for grand entertaining and casual living. The galleries create a master wing, children’s wing and gracious living areas. High ceilings in the expanded portion of the home allow for ample natural light while the overhangs in the original portion create an intimate feeling. The entire home is built from concrete block, wood and glass around the pool and patio.

Frank Lloyd Wright_Victoria Canada819 000 $ CAD | Victoria, Canada | Canada Sotheby’s International Realty

Lush green space surrounds this exceptionally tranquil west coast home. The epitome of privacy is captured in the contemporary hideaway. A Frank Lloyd Wright design, this home allows for the outdoor luxury to permeate into the indoor residence, skylights illuminate this three bedroom home. The main floor is continuous with its open concept, no component is without natural flow. Relaxation awaits in the master suite on the main level, enjoy the spa inspired en suite with a unique circular tub and rain shower spout overhead. Unique handcrafted lighting adds a special touch throughout the home.

Richard Neutra_ La Crescenta CA$7,900,000 USD | La Crescenta, California | Sotheby’s International Realty—Beverly Hills Brokerage

The Dorothy Serulnic Residence built in 1953 by Richard Neutra, features glass walls allowing for spectacular mountain and city skyline views.  The home has a Bear Valley stone fireplace, a classic Neutra built-in sofa and cabinet and public rooms that are open and welcoming. There is built-in furniture throughout and even vanities, desk top reveals and a sliding Neutra kitchen table. Totally indoor/outdoor, this is Neutra at his best.

Richard Neutra_Bryn Athyn PA 2$5,400,000 USD | Bryn Athyn, Pennsylvania | Kurfiss Sotheby’s International Realty

Richard Neutra’s Pitcairn House, a very private, hidden masterpiece, is the quintessential house in the woods. Marvelous design, comfortable living surrounded by acres of wildlife and nature, yet close to metropolitan areas. A long driveway leads toward the top of a ravine overlooking the Pennypack Creek and groves of oak, beech, maple and poplar to the site chosen by Neutra in 1959. The superbly designed and maintained 6,303 square foot house completed in 1962 is set on 10.1 conserved acres in turn surrounded by the Pennypack Ecological Restoration Trust, an 812-acre nature conservancy. Neutra signature designs are found throughout, such as floor-to-ceiling windows, connecting the indoors with nature outside.

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Feature: Grass Tennis Courts in Honor of Wimbledon

Inspired by Wimbledon, the oldest and one of the most prestigious tennis tournaments still played on grass courts, we have curated four exquisite homes that are complete with their very own grass tennis courts.

Southampton_New York_Tennis
$45,000,000 USD  | Southampton, New York | Sotheby’s International Realty-Southampton Brokerage

Exquisite grace and grandeur hallmark this magnificent masterpiece – beautifully preserving its authentic original details – offering 18,000+ square feet on three floors, including 12 principal bedrooms, 12 full and three half baths, and separate staff quarters. Basking in nine-plus acres of park-like privacy on exclusive Ox Pasture Road, Linden sits in the heart of the Estate Section. The property offers a 60′ x 20′ outdoor and indoor pool, spa, grass tennis court, paddle court, two pavilions with full kitchens, arbors, fountain, carriage house with connecting greenhouse and an equipment house.

Colebrook_Connecticut_Tennis$3,495,000 USD | Colebrook, Connecticut | William Pitt Sotheby’s International Realty

Rock Hall was designed in 1912 by noted American architect Addison Cairns Mizner (1872-1933) for Jerome Alexandre, scion of the Alexandre Steamship Company. Replete with original architectural details, the meticulously restored 10,000 square foot manor house is located on a 23 acre estate in Colebrook, Connecticut. Mizner, renowned for his opulent design of residences for the most prominent families in North American, in 1918 was commissioned by Paris Singer to design the Everglades Club and a succession of oceanfront mansions in Palm Beach. His signature Mediterranean (or Spanish) Revival style indelibly transformed the architectural landscape of Palm Beach. In 2010, Rock Hall, the only remaining Mizner-designed residence north of the Mason-Dixon Line, was awarded designation on the prestigious National Register of Historic Places. A free-standing Yoga Studio, a synthetic grass Tennis Court and a Pétanque Court complete this exceptional property

Bridgehampton_New York_TennisPrice Upon Request| Bridgehampton, New York | Sotheby’s International Realty-Bridgehampton Brokerage

Combining the elegance of a royal European country estate with the amenities of a five star resort, Three Ponds Farm offers an unparalleled private residence on 60+/-picturesque acres. Meticulously designed and executed with the finest imported materials the 8 bedroom, 12 bath manor home with guest wing and staff quarters is a tour de force of luxury custom design and contemporary flair by renowned architect Allan Greenberg. This singular oasis features an 18-hole Rees Jones designed golf course, 19th hole club house and pro shop, grass tennis court, elegant pool, pavilion and spa, loggias, magnificent formal gardens, rose garden with orangery, over 7000 specimen trees, two 3-car garages, and a three bedroom caretaker’s house as well as its signature three pristine ponds.

Melbourne_Australia_Tennis CourtPrice Upon Request | Melbourne, Australia | Melbourne Sotheby’s International Realty 

A King’s Domain The ultimate Cliffside residence for those who desire the complete bayside lifestyle with tennis court, pool, direct beach access and private boat shed. The impressive proportions and casual elegance of this contemporary single-level home by renowned architect Nicholas Day is staged within a wonderful established private garden of some 2889 sqm, minutes to the sand of Point King beach where your family can enjoy the highly sought after added benefit of a private boat shed fronting the calm waters of this iconic location. Featuring: 4 bedrooms, 3 bathrooms, formal and informal living rooms, exceptional outdoor entertaining area, 3 car garaging, N/S mod-grass tennis court and fully tiled heated pool and spa.

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Glamorous Country Living in Connecticut / Video House Tour

Bringing an unmatched casual sophistication to the country, this c.1900 barn was completely rebuilt in 2006 into a dream home offering the highest level of quality and detail. Interior finishes include elaborate moldings, limestone floors, marble baths with Waterworks fixtures and a soaring ceiling in the great room inspired by light and space artist James Turrell.

$2,495,000 USD / Washington, Connecticut / Litchfield Hills Sotheby’s International Realty

Chic Country Estate in Connecticut / Video House Tour

Savor the peaceful serenity of this comfortably gracious estate with its extraordinary detailing and luxurious finishes on 3 finished levels accessible by elevator. Visual perfection emanates from the tree-lined entry, sweeping lawns and pristine landscaping with water vistas. The custom pool house is a work of art to enhance your entertaining options. Meticulously maintained both in and out and better than new.

$6,995,000 USD / New Canaan, Connecticut / William Pitt Sotheby’s International Realty

Country Home in Connecticut / House Tour

Built in perfect harmony with its surroundings, this luxuriously private residence provides a calming backdrop for life in the country. Nestled discretely at the end of a quiet town road, this glorious Roxbury, Connecticut home is surrounded by nature, not neighbors.

Roxbury, Connecticut / Litchfield Hills Sotheby’s International Realty

Luxury Real Estate Headlines: Third Week in May 2014

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

Luxury Homes for Sale | Essex Connecticut $3,480,000 USD | Essex, Connecticut | William Pitt Sotheby’s International Realty

Luxury Homeowners Who Ditched the Dining RoomThe Wall Street Journal

With more meals eaten in the kitchen, on the patio and in front of the TV, luxury homeowners are increasingly converting their dining rooms into libraries, dens and other flex spaces.

 

Katharine Hepburn Home Returns to the Market - The Wall Street Journal

 

Villa De Martini on Telegraph Hill listed for $16 millionSFGate.com

House of the Day: Over the Moon in La JollaThe Wall Street Jouranl

A 30-Minute Interview with Kathryn A. Korte, Sotheby’s International Realty Inc.The New York Times

East Hampton, New York: Secluded Showplace, $21.5 MillionThe New York Times

Hot Property Moon Bloodgood selling her home in Venice, CaliforniaLA Times

House of the Day: Study in Contrast in Tuxedo Park [New York] - The Wall Street Journal

House owned by GM of Arizona Diamondbacks is for saleArizona Central

House of the Day: Mizner Remade in Colebrook [Connecticut] - The Wall Street Journal

Real Estate Goes GlobalThe New Yorker

Sales of Existing U.S. Homes Rise for First Time This YearBloomgberg