Luxury Real Estate Headlines: Third Week in June 2017

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

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$49,500,000 USD | McLean, Virginia | TTR Sotheby’s International Realty

“Located on the banks of the Potomac River, the 7 acre estate is about 8 miles from downtown Washington. Its Georgian-style house measures about 23,000 square feet with nine bedrooms”

AOL’s Steve Case Lists Historic Merrywood Estate for $49.5 Million – Wall Street Journal

A Seaside Nantucket Compound Moonlights as the Perfect Summer Getaway – Mansion Global

Five Homes for Tree Lovers – Financial Times

8 of the Most Expensive Properties for Sale in Bermuda – Boat International

Homes Where You Can While Away the Hours – Wall Street Journal

A Penthouse on Lake Como with a Musical History – Mansion Global

NYC’s Delightful ‘Pumpkin House’ is Back for $4.25M – Curbed

For Sale: 6 Stunning Single-Story Homes – The Week

18 of the Oldest Homes in America for Sale – Architectural Digest

A New York Townhouse, Typewriter Included – Wall Street Journal

House Hunting in… Luxembourg – The New York Times

A Home for Literature in Prague – Financial Times

Milan’s Brera Neighborhood is Artsy Cool – and Upmarket, Too – Mansion Global

The Art of Living With and Within Art – T Brand Studio

10 Vineyard Homes You Can Actually Move Into – Elle Decor

Andy Warhol’s First Self-Portrait is on the Auction Block – Architectural Digest

Sotheby’s International Realty® Brand Enters Croatia

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

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

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

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

The Sotheby’s International Realty network currently has more than 20,000 affiliated independent sales associates located in approximately 880 offices in 66 countries and territories worldwide. Croatia Sotheby’s International Realty listings will be marketed on the sothebysrealty.com global website. In addition to the referral opportunities and widened exposure generated from this source, the firm’s brokers and clients will benefit from an association with the Sotheby’s auction house and worldwide Sotheby’s International Realty marketing programs. Each office is independently owned and operated.

Video of the Week: Sprawling Family Estate in Central Bohemia, Czech Republic

60 000 000 KČ CZK | Central Bohemia, Czech Republic | Czech Republic Sotheby’s International Realty

The villa in Lány is a spectacular family residence located in the famous village. At first glance, the house captures the attention by its fusion of two contrasting features: the tasteful setting in the unique environment of the Krivoklát Forest and the luxurious, extravagant interiors. The spacious 2007 manor was built with uncompromising attention to even the smallest detail.

Tour luxury homes from around the world in previous installments of Video of the Week

Belle of the Ballroom | Back en Vogue

The latest edition of Art & Home is here! This month we’re showcasing exquisite ballrooms found in some our most sought after, exclusive international properties. From Tuscany and the Czech Republic to Houston and New York, ballrooms are back in vogue.

art-and-homeArt & Home – March 2015

Among the labyrinth of rooms that make up grand old estates, none is more evocative than the ballroom. You can practically hear the orchestra, feel the rhythm and see the dancers in flickers of gloriously bygone images.

Italy25.000.000 € EUR | Lucca, Italy | Tuscany Sotheby’s International Realty

These Downton Abbey-worthy dance halls are legacies of a time when formal entertaining at home was common and square footage was considerable. Ballrooms demanded generous, obstruction-free dimensions with high ceilings for optimal acoustics.

NewYork$12,000,000 USD | Lloyd Harbor, NY | Daniel Gale Sotheby’s International Realty

Grand and gilded ballrooms have largely gone the way of drawing rooms, fainting rooms, cloakrooms. Chambers given over to the sole pleasures of music and dance are extravagances are now near exclusive to hotels and private clubs. Modern life is lived less formally and more intimately with a lot more entertainment options than gliding across the hardwoods in three-quarter time.

KlecanyPrice Upon Request  | Central Bohemia, Czech Republic | Czech Republic Sotheby’s International Realty

Some residential ballrooms have been repurposed for more practical activities like playrooms, gymnasiums or home theaters. Others have been partitioned into cozier spaces. And yet in some homes, ballrooms are enjoying an afterlife.

Texas$43,000,000 USD| Houston, Texas | Martha Turner Sotheby’s International Realty

Martha Turner, founder and co-presidentof Martha Turner Sotheby’s International Realty in Houston, Texas, can tick off a number of estates with private ballrooms still used in ways that honor their original intention. The very first home she sold was an early 20th century residence in the prestigious Courtlandt Place Historic District with a third-floor ballroom that remains in tact. Examples span the decades. A modern Versailles-inspired chateau on the market for $43 million–Houston’s priciest ever–features a breathtaking ballroom among its many public spaces. The current homeowners use it for large-scale entertaining, concert performances and charity galas. And then there’s a pair of would-be Fred and Gingers so passionate about dancing that when they couldn’t find an existing residence for sale with a ballroom, they decided to construct a new one.

Connecticut$5,200,000 USD | Greenwich, Connecticut | Sotheby’s International Realty – Greenwich Brokerage

If you build it, they will rumba.

Article provided by Iyna Caruso exclusively for Art & Home.

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