Luxury Real Estate Headlines: Last Week in March 2017

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

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$3,500,000 USD | Oceanside, California | Pacific Sotheby’s International Realty

“Elegant and distinctly Southern Californian, this gorgeous 1960 home by pioneering female architect Edla Muir perches atop the Fire Mountain neighborhood of Oceanside, the third largest city in San Diego County.”

Gorgeous 1960 Home by Pioneering Female Architect Asks $3.5M in San Diego – Curbed

Renovated Townhouse in Boston’s Back Bay Seeks $15.75 Million – Wall Street Journal

6 Idyllic Homes for Horse Lovers – The Week

Sotheby’s International Realty Brand Welcomes List Sotheby’s International Realty in Hong Kong – Sotheby’s International Realty

Billionaire Trader Stanley Druckenmiller Lists Connecticut Estate for $31.5 Million – Wall Street Journal

A Recently Renovated Barcelona Apartment in the Center of it All – Mansion Global

Estate Makes the Most of its Spectacular Carpinteria Setting – Los Angeles Times

7 Amazing Homes in Seattle – The Week

House Hunting in… Munich – The New York Times

Second-Home Prices Slide – Barrons

Luxury Homeowners Build Rooms to Show Off Their Favorite Trophies – Wall Street Journal

Mexico City’s Polanco Boasts Art, Parks and Some Seriously Upscale Shopping – Mansion Global

Locust Valley: A Quiet Burg with Good Schools and Elite Clubs – The New York Times

10 Ultimate Waterfront Homes We’re Coveting Now – Elle Decor

An Emerald with a History Goes to Auction – The New York Times

Sotheby’s International Realty Brand Welcomes List Sotheby’s International Realty in Hong Kong

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Sotheby’s International Realty Affiliates LLC today announced that it has signed an agreement with List International Realty Limited, which owns List Sotheby’s International Realty, to now represent the Sotheby’s International Realty® brand in Hong Kong. The firm will be led by President and CEO, Hisashi Kitami, who also leads List Sotheby’s International Realty operations in Japan, the Philippines, Hawaii, and Singapore.

“Hong Kong residents have a keen interest in luxury real estate and the territory also has a strong appeal to international buyers,” said Philip White, president and chief executive officer of Sotheby’s International Realty Affiliates LLC.  “Hong Kong is a key global market, and we are proud to be represented in this important region by Hisashi Kitami and his team.”

List Sotheby’s International Realty is set to open its first office in Hong Kong in the second half of 2017.  As previously announced, the firm also has plans to open in Bangkok, Thailand, within the next year.

“We have had a strong track record with the Sotheby’s International Realty brand and have since used this formula for success to expand into additional global markets,” said Kitami.  “At List Sotheby’s International Realty, we serve the needs of clientele who seek to diversify their real estate assets across locations internationally and we are committed to setting the industry standard for excellence.”

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. In 2016, the brand achieved a record global sales volume of $95 billion USD.  List 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.

Luxury Real Estate Headlines: Second Week in August 2016

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

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$3,275,000 USD | Orange Beach, Alabama | Kaiser Sotheby’s International Realty

“The 5,200-square-foot house sits on just over an acre. There are four bedrooms in the main residence, in addition to a bedroom in the attached guest suite. There’s also a two-car garage with a workshop.”

In Alabama, a Contemporary Residence with Bayou Views – Mansion Global

A Horta House in Belgium with Art Nouveau Appeal – International New York Times

For Sale: 6 Cool Geometric Homes – The Week

A Modern Home Rises in Denver’s Cherry Creek Neighborhood – Mansion Global

For Ceilings, What a Difference a Foot Makes – Wall Street Journal

House Hunting in… Lima – The New York Times

Sneek Peek: This Villa in Goa Worth over $1 Million is Elegant, Luxurious and Even has an Infinity Pool – Business Insider India

In Suzhou, a Garden-style Home with a Modern Twist – Mansion Global

A Prized Location, with Culture, on French Riviera – International New York Times

Emmy-winning Director Paris Barclay Lists his Valley Village Home for Sale – Los Angeles Times

Want More Peace and Quiet? Move into these 10 Secluded Spaces – Elle Decor

Sotheby’s HK to Auction Unique Old and New World Wines this September – Blouin ArtInfo

Luxury Real Estate Headlines: First Week in August 2016

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

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R 115 000 000 ZAR | Cape Town, South Africa | Lew Geffen Sotheby’s International Realty

“Situated in the hills above Cape Town, this modern mansion could be the ideal swallows retreat. With craggy mountains as its backdrop, the estate overlooks Table Mountain National Park. The view spans from Camps Bay to Cape Town.”

In South Africa, a Modern House with Three Swimming Pools – Mansion Global

Key Biscayne, Fla., Home Featured in ‘Miami Vice’ Movie Asks $39 Million – Wall Street Journal

The World’s Most Expensive Homes on the Market Now – Bloomberg Pursuits

Own a Rare 3-Story Frank Lloyd Wright Home in Illinois – Architectural Digest

Inner City Warehouses Lead Property’s High-End Industrial Revolution – Australian Financial Review

In New Jersey, a Modern Home Inspired by Two Bridges – Mansion Global

Going for Gold: Homes with Olympic Connections – Financial Times

Eva Langoria’s $1.4 Million Mediterranean-Style Villa is on the Market – Architectural Digest

A Tuscan Honeymoon Inspired the Design of this Tennessee Home – Mansion Global

How to Live on the Beach in New York City – New York Post

Luxury Homes on Hong Kong Island Offer Privacy and a Break from Rigors of City Life – South China Morning Post

10 Dream Penthouses that take City Dwelling to a Whole New Level – Elle Decor

Obama Presidential Library Could Bring Short-term Boost to Neighborhood Housing Prices – Mansion Global

House Hunting in… Gibraltar – The New York Times

When Buying a Home near Harvard is as Hard as Getting into Harvard – Financial Times

John Lennon’s Austin Princess to be Sold at Auction – Express

Luxury Real Estate Headlines: Last Week in July 2016

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

$8,950,000 | Oakley, Utah | Summit Sotheby’s International Realty
Anchoring a secluded 114-acre ranch 20 miles outside of Park City, Utah, this rustic 2004 dwelling by architects Mark Rios and Kurt Dubbe takes its cues from the traditional farmhouses of the American West.

This $9 Million Ranch Marries Rustic Design and Luxury Amenities – Architectural Digest

The Sotheby’s International Realty® brand releases Significant Sales Volume I | Issue II – Sotheby’s International Realty

A Connecticut Estate With a Sunken Garden and Secret Hideaway – The Wall Street Journal

Inside the most expensive homes for sale in the D.C. area – The Washington Post

Hong Kong developers seek to tempt ‘wait-and-see’ buyers – The Financial Times

Home of the Day: History and hospitality on Grand Avenue in Pasadena – The Los Angeles Times

A Family in Italy Decides to Part With Its Castle – The New York Times

America’s Most Expensive Homes For Sale Right Now – Forbes

Pending Home Sales Marginally Rise in June – National Association of Realtors

Chinese firm buys big stake in auction house Sotheby’s – CNN Money

Sotheby’s To Auction The Steven And Ann Ames Collection – ArtNews

Significant Sales | Volume I – Issue II

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From a landmark oceanfront estate in California to a contemporary mountain retreat in Utah, this issue of Significant Sales also showcases homes from throughout the United States, Australia, Hong Kong, the Bahamas and Spain.

01. HOM$45,000,000 USD | California, USA | HÔM Sotheby’s International Realty

Twin Points” is an over two-acre landmark oceanfront estate on the coast of Southern California. Majestically situated, its 1,400 lineal feet of waterfront include two massive landforms projecting into the ocean. Together, these “twin points” shelter the private cove that lies between. Atop the rock, magni cent gardens and lawns transform the site into a paradise. Behind its gates, improvements include a motor court, a Polynesian-themed main residence, and a guest house. A pool and terraces await repose. Meticulously kept, these elements complement the setting and subtly bring order to an environment directed to the out of doors. A private white sand cove further distinguishes the uniqueness of this estate and adjoins a man-made lagoon.

$28,000,000 USD | New York, USA | Sotheby’s International Realty – East Side Manhattan Brokerage

Penthouse II, a newly completed condominium atop the iconic Puck Building overlooking the Manhattan skyline is a private home featuring three bedrooms, five-and-a-half baths, a home theatre/game room, library and a landscaped private terrace. An unparalleled residence, reverentially crafted to retain the inherent, authentic loft character of the famed Puck Building with soaring barrel vaulted ceilings, cast-iron columns and oversized windows which all combine to create a one-of-a-kind residence in New York City.

03. Sunset Strip Brokerage$16,335,000 USD | California, USA | Sotheby’s International Realty – Sunset Strip Brokerage

Step into this unique architectural tour de force perched on one of the most exclusive “Bird” streets with gorgeous city views. Designed by renowned architect Zoltan Pali and executed by Dugally Oberfeld with masterful precision using only the finest materials, this sleek contemporary with classic details features rich rift oak floors throughout and glass pocket doors for a seamless indoor-outdoor Southern California lifestyle. An open floor plan includes a spacious dual island custom kitchen, large family room with views of downtown L.A., three en-suite guest beds, and a breathtaking master with disappearing walls of glass on three sides. Additional features include a state-of-the-art home theater, 980-bottle wine cellar, finished four-car garage for the exotic auto collector, pool and spa.

Notable Sales from Around the World

Hong KongHK $47,000,000 | Hong Kong | Hong Kong Sotheby’s International Realty

Arecord setting sale for this street, north facing and prestigiously positioned, this no-expense-spared family dream home offers state-of-the art luxury living with minimal upkeep. Finished to perfection and impressive on a grand scale, this home offers unrivaled versatility with tremendous indoor/outdoor spaces designed for entertaining. The heated pool and lush gardens are the centerpieces of the home’s exterior experience.

Sydney$8,500,000 AUD | Australia | Sydney Sotheby’s International Realty

North facing and blue ribbon positioned amidst Bellevue Hill’s upper echelon, this state-of-the-art family home offers grand European-inspired luxury living with minimal upkeep. Impressive in size, versatility and offering seamless indoor/outdoor entertaining, the home’s stunning wraparound gardens, by the acclaimed Annie Wilkes, are an integral part of the glamorous decor. Finished to perfection with sunlight streaming in from every angle, this substantial residence offers an intelligent floorplan and a cutting-edge fusion of limestone, sandstone, glass and extraordinary attention to details.

View the entire issue of Significant Sales

New & Notable Luxury Properties for Sale | May 2016

From an entertainer’s paradise in Dallas, Texas to a historic Swiss Chalet in the United Kingdom, this month’s collection of exceptional properties for sale features homes from some of the world’s finest locales.

Texas$32,347,000 USD | Dallas, Texas | Briggs Freeman Sotheby’s International Realty

Complete with a one-of-a-kind water park, tennis court, sport court, two cabanas and wonderful spaces for outdoor entertaining, the magnificent detail throughout the home welcomes you with a dramatic entry and glamorous formals. The master suite has his and her bathrooms and closets while all bedrooms are en-suite. There are multiple game rooms and living areas including an indoor basketball court, bowling alley, padded gymnastic room, DJ area and 10 car garage.

Florida$35,000,000 USD | Sunny Isles Beach, Florida | ONE Sotheby’s International Realty

This elegant beach house features six bedrooms, six full bathrooms, two half-baths; the master bathroom also has a breath taking steam room and sauna. The home’s entrance opens to a double-height great room, distinguished by a floating, cantilevered staircase overlooked by a mezzanine, ideal to serve as an expansive art gallery space. The living area transitions to a large, 360-degree wrap-around terrace highlighted by a glass-faced pool that creates the perception of being an extension of the ocean.

MonacoPrice Upon Request | Monaco | C.I.C. Immobilier Monte-Carlo Sotheby’s International Realty

Tour Odéon offers a unique opportunity to live in the ultimate home. At 170 meters in height, Tour Odéon is the Principality’s tallest building. The imperious, double tower contains 70 one to five bedroom apartments, two 1,200 square meter sky duplexes and a spectacular five-story, 3,300 square meter sky penthouse. A 24/7 concierge service will ensure each resident benefits from a five-star-hotel experience.

Hong Kong$158,000,000 HKD | Hong Kong | Hong Kong Sotheby’s International Realty

This spacious, magnificent penthouse has been completely renovated and reconfigured to provide an elegant and stylish contemporary lifestyle in a family home. Complete with contemporary details made-over with modern lighting, built-in storage, light wood flooring and white painted walls, this remarkable residence features an inviting living room with built-in gas fireplace and high ceilings.

United KingdomPrice Upon Request | England, United Kingdom | United Kingdom Sotheby’s International Realty

The Chalet has 365-degree view landscaped gardens surrounding the property. The building previously sat freely on the ground but planning permission was obtained in 2014 to lift it from the flood plain to where it is now secured for centuries to come. Surrounded by acres of parkland which are protected by English Heritage, this historic five floor, four-bedroom Swiss Chalet and its surrounding land was recently restored back to its original splendor. With 185 meters of mooring for up to 25 boats and parking for around 20 cars, this waterfront estate offers amazing scope both privately and commercially.

View Newly Listed Luxury Properties for Sale

New & Notable Luxury Properties for Sale | April 2016

From a bespoke escape in Switzerland to leafy-green garden views in Hong Kong, this month’s collection of exceptional properties for sale features homes from some of the world’s finest locales.

SwitzerlandPrice Upon Request | Vaud, Switzerland | Cardis Immobilier Sotheby’s International Realty

“Chesa Alta” is a prestigious address benefiting from nearly 600 square-meters of living space on three floors. The interior architecture and decoration are fully personalized and the home offers a private entrance and lift, large living room with high ceilings, dining-room with ceiling painted by a talented local artist, spacious kitchen and four en-suite bedrooms with bathrooms along with many other amenities.

California$29,000,000 USD | Malibu, California | Sotheby’s International Realty – Westlake Village Brokerage

Newly constructed, this unique Tuscan Villa overlooks Malibu’s world famous Zuma Beach with unobstructed whitewater, sand, coastline and incredible sunset views. Situated on approximately four acres and 440 feet of Zuma bluff frontage overlooking the Pacific Ocean, this gated compound features about 11,0000 square-feet with the finest materials and no expense spared.

Hong Kong$208,000,000 HKD | Hong Kong | Hong Kong Sotheby’s International Realty

Embrace the serene natural environment and lush green views in this elegant residence. This majestic garden house in the leafy Shouson Hill is finished with strict attention to detail. Both the living and dining areas are part of a large open floor plan, accentuated with big chandeliers and green garden vistas through the floor-to-ceiling windows.

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

This waterfront contemporary style villa with a breathtaking panoramic sea view is located in a private domain near Monaco. This magnificent property of 500 square-meters is composed of a large living room with fireplace opening onto a terrace, a beautiful dining room offering the opportunity to dine either indoors or outdoors and five bedrooms with bathrooms. An entire floor of the villa is dedicated to leisure and well-being; a large billiard room with its own dining room for eight people, a gym, a room with a Jacuzzi and bar all invites you to enjoy moments of relaxation.

ColoradoPrice Upon Request | Aspen, Colorado | Aspen Snowmass Sotheby’s International Realty

Located just four miles from downtown Aspen, the property is surrounded by an elk migration area where elk are grazing within a few hundred feet of the estate. The covered outdoor summer kitchen has a wood-burning fireplace and over 3,000 square feet of patio for summer entertainment and there are two ponds with water features as well as a 60-foot negative edge pool with a 12-foot waterfall. In the winter, a cross country ski trail provides ski-in/ski-out access to the Two Creeks and Buttermilk ski area lifts.

View Newly Listed Luxury Properties for Sale

New & Notable Luxury Properties for Sale | March 2016

From a panoramic lakefront estate in Nevada to an enchanting private island in Tahiti, this month’s collection of exceptional properties for sale features homes from some of the world’s finest locales.

Nevada$59,000,000 USD | Zephyr Cove, Nevada | Sierra Sotheby’s International Realty

This rare, panoramic lakefront estate includes over 370 feet of sandy beach with a pier, boat hoist, two boat buoys and close-up views of Lake Tahoe and the Sierra Nevada mountains to the West. The setting is ideal on 31 wooded acres of meadow, forest, stream and an aspen grove donning brilliant orange and gold fall colors.

FrancePrice Upon Request | Provence-Alps-Cote D’Azur, France | Côte d’Azur Sotheby’s International Realty

The sumptuous villa Les Rochers can be found in the private estate of Cap Martin. Here you will find a true taste of the Mediterranean, mature gardens and grounds with the perfumes of Provence, trees dating back over 100 years and of course the magnificent ambience of the Cote d’Azur. Built in the Belle Époque style, there are subtle touches of Egyptian architecture, notably on the window frames and the original feature frieze which can be seen on the façade of the villa.

Hong Kong$280,000,000 HKD | Hong Kong | Hong Kong Sotheby’s International Realty

180-degree panoramic views across East Kowloon, Lei Yue Mun, Causeway Bay and Victoria Harbour are enjoyed from this residence. This stunning contemporary duplex in a skyscraper represents a refined taste and quality of living. Fashionable furniture and lighting fixtures complement the stunning floor-to-ceiling windows throughout to create a truly majestic home.

Portugal55.000.000 € EUR | Algarve, Portugal | Portugal Sotheby’s International Realty

With all of its beauty, refinement, charm and design elements, this magnificent five-star resort, hotel and spa boasts the highest standards of construction and is a fully fenced and protected building. The property has 93 units of accommodation spread throughout the resort in five individual modules. Amenities include a kid’s club, bars, restaurants, fitness center, state-of-the-art spa, heated indoor pool, various outdoor pools, tennis center and natural garden space.

French Polynesia$50,000,000 USD | Tahiti, French Polynesia | French Polynesia Sotheby’s International

Motu Tane (which in Tahitian translates to “Man’s Island”) is well known in Bora Bora as having been Paul-Emile Victor’s home. Paul-Emile Victor was the famous French polar explorer and author; he chose as his personal paradise refuge Motu Tane in Bora Bora, to live a peaceful and secluded life. An exceptional private island at just under 47,800-square-yards with coconut groves, encircled by a white sand beach with Polynesia’s sparkling turquoise blue waters just beyond. This incredible vision is topped off with Bora Bora’s mountains, majestically etched against the backdrop, bringing to life nature’s exotic canvas.

View Newly Listed Luxury Properties for Sale

Art & Home | Cellars Reach New Heights

The latest edition of Art & Home is here! This month, Iyna Bort Caruso explores homes featuring wine cellars; a functional centerpiece that showcase fine wine collections along with rich heritage, technology and design.

california$38,000,000 USD | St. Helena, California | Sotheby’s International Realty – Wine Country Brokerage

The earliest archaeological evidence of wine production was found in Georgia (circa 6000 BC) and Iran (circa 5000 BC), so it should come as no surprise that wine cellars have also existed for thousands of years. In fact, just two years ago, archaeologists uncovered what is believed to be the world’s oldest wine cellar. Dating from 1700 BC and containing 40 broken jars, the mud-brick walled storage room was found during the excavation of an ancient palace’s banquet hall in present-day Israel.

Since that time, wine cellaring has become a science that aficionados have perfected on multiple levels. Advances in technology and design have raised the practice into an art, and as a result, wine collections are no longer exclusively subterranean; they are increasingly taking center stage as main-floor attractions.

Screen Shot 2015-12-23 at 1.57.12 PMHK $220,000,000 | Hong Kong | Hong Kong Sotheby’s International Realty

“It’s on trend right now to display wines in different ways than we have ever seen,” says Ginger Martin of Sotheby’s International Realty – Wine Country, which serves California’s Sonoma and Napa counties. “Instead of going down into a dark room and pulling out a bottle, people are displaying their wines in beautiful ways,” adds Martin.

louisville$3,790,000 USD | Louisville, Tennessee | Alliance Sotheby’s International Realty

An excellent illustration of Martin’s observation is Napa Valley’s Whitehall Estate, one of the most talked-about wine-country properties currently under construction. One of its striking features is an all-gass wine room reimagined as a dramatic floating sculpture containing the owner’s bottle collection. “You can literally see through it, past the bottles, and out the window to the surrounding grapevines,” Martin says. “It is an artistic statement.” As is clear in Whitehall as in many other estates, wine rooms are now designed to combine high-tech and high style to create the ideal environment in which to easily access and savor one’s liquid assets. Once reserved for true oenophiles, cellars have come to be an “essential” amenity today, says sommelier and wine expert Paul Koder of WineTrend, a wine-consulting firm based in Richmond, Virginia. As Koder notes, luxury homeowners are increasingly integrating them into their entertainment and recreation specifications. Sometimes built at a cost topping six figures, these very personalized wine cellars are often less fussy and more free-flowing than those of the past.

montana$28,000,000 USD | Helena, Montana | Big Sky Sotheby’s International Realty

They are a lot more fun too, frequently featuring fantastical plays of lights and electronic sommeliers that make short work of inventory management. International projects take Koder to high-growth markets like China, Thailand and Singapore, where he also finds that “when people display their wine collections to guests in a unique and original style, it gives them a sense of pride and empowerment.” These latest developments in a long history of technological, design and taste changes remind us that wine cellaring has come a considerable ways since ancient times.

View the latest issue of Art & Home

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