Luxury Real Estate Headlines: First Week in September 2017

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

$19,400,000 USD | Los Altos, California | Today Sotheby’s International Realty

“The house, which has four bedrooms, four and a half baths, and spans 5,440 square feet, was built in 1955 and includes a detached four-car garage, pool/guest house, and outdoor terrace.”

Yahoo’s First CEO is Selling His House for $19.4 Million – Bloomberg

Bill and Hillary Clinton’s Hamptons Summer Rental Sells – Wall Street Journal

22 of the Most Beautiful Cabins for Sale in America – Architectural Digest

A Palatial Golf Course Estate in Southern Portugal – Mansion Global

Seven Waterside Homes – Financial Times

Katherine Hepburn’s Connecticut Home Sells for $11.5 Million – Forbes

12 Great Homes for Sale Near National Parks – Washington Post

Grand Summer Cottage in New Hampshire Asks $7.5 Million – Mansion Global

6 Luxurious Lake Homes – The Week

Former Astronomer’s $6.75M Georgetown Home on Sale for First Time in 110 Years – Curbed

Actor Tim Daly is Ready to Part With His Hip Santa Monica Condo – Los Angeles Times

12 of the Best Properties with Swimming Pools on the Market – Country & Town House

Since Revolutionary Times, Boston’s Beacon Hill Has Been a Coveted Area – Mansion Global

Sustainable Homes See Rising Demand in Region; Hong Kong a Laggard – South China Morning Post

5 Things to Know About Buying Property in Mallorca – Boat International

Burgeoning Guangzhou is No Longer Living in the Shadow of Beijing and Shanghai – Mansion Global

10 Dream Homes That Take City Dwelling to a Whole New Level – Elle Decor

Vivien Leigh’s Diaries Recording Olivier Romance Up For Auction – Reuters

Property Lifestyles | Global Affluence: The Emerging Luxury Consumer

This week, we continue exploring the findings unveiled in the “Global Affluence: The Emerging Luxury Consumer” report.  When it comes to purchasing a home, emerging luxury consumers are particularly interested in pursuing certain property lifestyles including waterfront, metropolitan and historic.  Discover trending locations for these popular property lifestyles, based on data compiled from sothebysrealty.com.

Waterfront

The waterfront location with the highest year-over-year increase in search is New Hampshire.

New Hampshire

$2,649,000 USD | Moultonborough, New Hampshire | Four Seasons Sotheby’s International Realty

Waterfront properties available in New Hampshire include this custom-built estate on Lake Winnipesaukee.  The home includes 7,500 square-feet of living space, a 1,000-square-foot carriage house ideal for guests, 200 feet of shoreline and a deep-water U-shaped docking system.

Europe has also seen an increase in searches for the waterfront lifestyle, with three trending locations being the United Kingdom, Italy, and Germany.

Waterfront lifestyle destinations that have maintained a trending position year-over-year include Turks & Caicos, Australia, and Malibu, California.

Metropolitan

The metropolitan location with the highest year-over-year increase in search is Denver, Colorado.

Denver

$2,299,000 USD | Denver, Colorado | LIV Sotheby’s International Realty

Metropolitan properties available in Denver include this townhouse in the exclusive Riverfront Brownstones development.  Located in Downtown Denver, the residence spans over 4,000 square-feet and features floor-to-ceiling windows, master suite with a private balcony, plenty of outdoor living space and an attached three-car garage.

Additional trending metropolitan locations around the world include Boston, Massachusetts; Tokyo, Japan; Portland, Oregon; and Vancouver, British Columbia, Canada.

New York City is consistently one of the most popular metropolitan searches with trending neighborhoods including SoHo and the Upper East Side.

Historic

 The location for historic homes with the highest year-over-year increase in search is the Hudson Valley region of New York State.

Hudson Valley

$1,775,000 USD | Grandview, New York | Ellis Sotheby’s International Realty

Historic homes available in the Hudson Valley region of New York include this 19th-century cobblestone, craftsman-style estate.  Known as “Willow Knoll,” the home was built in 1891 by Joseph Ellicott, the inventor of the air brake and first commodore of the Tappan Zee Yacht Club.

Additional trending historic home locations around the world include New Orleans, Louisiana; Venice, Italy; India; Atlanta, Georgia; and Portugal.

For more information on the confidence of emerging luxury consumers, download the complete “Global Affluence: The Emerging Luxury Consumer” report by clicking here.

Luxury Real Estate Headlines: Third Week in March 2017

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

imagereader

$6,000,000 USD | Superior, Montana | Glacier Sotheby’s International Realty

“They purchased the property for a little more than $1 million in 2003 and over the next decade set about gutting every building on the 255-acre site and adding several more, including a 9,500-square-foot home with four bedrooms and six bathrooms.”

A $6 Million Montana Ranch that Comes with Its Own Saloon – Bloomberg

New Hampshire Estate with Observatory Asks $9.95 Million – Wall Street Journal

A Hillside Estate in St. Bart with ‘Sensational Views’ Listed for €53M – Mansion Global

A First Look at the Woolworth Tower’s New Apartments – Bloomberg

This Historic Castle is Located on the Highest Point in Newport, Rhode Island – Architectural Digest

House Hunting in… Rome – The New York Times

A Greenwich Mansion for Family and Art – Wall Street Journal

‘Scandinavian Zen’ on the Lake Superior Shoreline in Minnesota – Mansion Global

For Sale: 6 Beautiful Mediterranean-style Homes – The Week

The 5 Most Expensive Homes in Denver – Curbed

A Historic Restoration Fronting San Francisco’s Alamo Square Park – Mansion Global

Modernist Treehouse Blends into its Studio City Hillside – Los Angles Times

Manhattan Residential Real Estate Market Heats Up – Wall Street Journal

Miami Luxury Developments: Tides are Changing for the Better – Mansion Global

Homes that Sold for Around $1 Million – The New York Times

10 Vineyard Homes You Can Actually Move Into – Elle Decor

Sotheby’s to Offer Patek Philippe Caliber 89: Will it Smash the $24 Million Record? – Forbes

Raja Ravi Varma’s Painting Fetches Rs 11.9 cr at Sotheby’s New York Auction – The Economic Times

Sotheby’s International Realty® Network Reports Significant Gains for 2015

FL$159,000,000 USD | Hillsboro Beach, Florida | ONE Sotheby’s International Realty

Sotheby’s International Realty Affiliates LLC today reported that in 2015 its affiliated brokers and sales professionals achieved approximately $80 billion in U.S. home sales volume (transaction sides multiplied by average sale price). Driven largely by a brand record of over 100,000 total transaction sides, this is the highest annual sales volume performance in the history of the brand and marks a 13% increase from the prior year.                                                      

Global Growth

The Sotheby’s International Realty brand also reported growth in its global network, which now encompasses 63 countries and territories worldwide. At year-end, the network totaled 835 offices, a gain of nearly 10%, and more than 18,000 sales associates, up 14%.

“2015 was a record year for domestic franchise sales for the Sotheby’s International Realty brand,” said Philip White, president and chief executive officer, Sotheby’s International Realty Affiliates LLC.  “This year alone, we have also added 12 international, independently owned and operated affiliate brokerage locations to our global network, which will drive accessibility to the increasing level of international buyers in key luxury markets.”

AUSPrice Upon Request | Queensland, Australia | Queensland Sotheby’s International Realty

Outside the United States, the Sotheby’s International Realty brand continued to expand into key markets in 2015.  The entire Gulf Region is poised for significant growth as the brand’s affiliate brokerage in the region, Gulf Sotheby’s International Realty, acquired the rights to deliver real estate services in Bahrain, Kuwait, Oman, Saudi Arabia and Qatar.  The brand saw continued growth entering the countries of Andorra, Chile, Finland, Ireland, The Netherlands, and Nicaragua, while expanding its presence in Italy, Queensland, Australia and in Buenos Aires, Argentina.

VA$7,950,000 USD | Charlottesville, Virginia | Frank Hardy Sotheby’s International Realty

The Sotheby’s International Realty brand also added five independently owned and operated residential real estate firms and 73 new offices to its network across the United States. This past year witnessed continued growth by existing affiliate companies through mergers, acquisitions and recruiting.  Notable transactions included the coming together of three companies in Vermont and New Hampshire that resulted in one of the largest operators in those states under the Four Seasons Sotheby’s International Realty banner, and the acquisition of South Bay Brokers in Manhattan Beach by Vista Sotheby’s International Realty.  Several key open markets were also filled, namely: Baltimore, Md.; Block Island, R.I.; Charlottesville, Va. and Portland, Ore.

Last year The Wall Street Journal/REAL TrendsTop Thousand” ranked agents based on average sales price, recognizing the success of agents that specialize in the luxury real estate segment. The Sotheby’s International Realty brand had 75 of the top 250 (30%) individuals by average sales price. This achievement is reflective of the success of our efforts to further establish the brand as the voice of luxury.

In 2016 and for the ninth year in a row, the Sotheby’s International Realty brand won Franchise Business Review’s Best in Category for Real Estate Franchisee Satisfaction award.  In addition to its real estate ranking, the brand also came in fourth in the overall top 50, and second among the Top 50 “Systems with 250 or more units,” which is a ranking of all franchise systems across all categories with more than 250 locations.

Leadership 2

The Sotheby’s International Realty brand hosted several international networking events throughout the year exemplifying its truly global reach. An event in Rome brought together 27 affiliated companies from 19 countries within the European, Middle Eastern and African region while another event in Rancho Palos Verdes, California had representation from over 113 affiliated companies worldwide.  “Our international footprint is the cornerstone of our global esteem and our events around the world serve as a platform for our network to work together while developing relationships to increase referrals and share best practices on the exclusive line of Sotheby’s International Realty products to better serve their clients’ needs and meet their business goals,” said White.

Marketing

From a marketing perspective, the brand’s 2015 campaign delivered more than 1.2 billion impressions.  At the core of the Sotheby’s International Realty 2015 strategy was its relationships with pre-eminent media powerhouses in both print and online arenas to showcase unique properties from the brand’s worldwide network including: The New York Times, The Wall Street Journal, Architectural Digest, Bloomberg, Financial Times and as the exclusive real estate partner for Dwell.com.

Sothebys Realty at NYSE

To mark the 40th year of Sotheby’s International Realty in the luxury residential real estate brokerage business, Philip White and Wendy Purvey, chief marketing officer, were joined by honorary guests of the Sotheby’s International Realty brand to ring the Closing Bell at the New York Stock Exchange on December 29, 2015. Additionally, the brand was featured with prime placement on the New York Stock Exchange video banner in Times Square. Running the entire month of December, the video was shown 15 times per day, reaching over 1.6 million daily visitors to Times Square and highlighted the brand’s lifestyle focus and drove viewers to sothebysrealty.com for more information.

Finally, the Sotheby’s International Realty brand’s website, sothebysrealty.com, was re-launched in 2015 to provide a fully immersive, responsive, video-based experience with unique content. With a focus on creating the best possible user experience, the new sothebysrealty.com continues the brand’s tradition of revolutionizing luxury real estate in the digital space. Last year the site saw the most traffic in its history with 14 million visits, a 30% increase year over year. The new Sotheby’s International Realty, website was recognized by the Web Marketing Association with the “2015 Outstanding Website WebAward” and by W3 with the “2015 W3 Gold Award.”

Sotheby’s International Realty listings are marketed on the sothebysrealty.com global website.  In addition to the referral opportunities and widened exposure generated from this source, each brokerage firm and its clients 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: Third Week in February 2016

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

Montana$11,995,000 USD | Whitefish, Montana | Glacier Sotheby’s International Realty

“Situated in a secluded alcove on the northeastern shore of Whitefish Lake, the lodge, now known as Golden Bear Ranch, was fully remodelled in 2015. The home, akin to a romantic alpine log cabin, is now equipped with turn-of-the-century amenities such as a stainless-steel kitchen, fitness centre, two wet bars and a large wine room.”

Property of the Week: Julia Roberts’ 1990s Home – Billionaire

A $11.9 Million Stone Colonial House in Connecticut Has Magnificent Details at Every Turn – Architectural Digest

$18.87 Million for a Greenwich Village Penthouse – The New York Times

Sotheby’s International Realty Further Expands Brand Presence in Australia – Sotheby’s International Realty

Swanky Addresses: Homes for Sale in Prestigious Locations – Financial Times

Sussex, England Lures Celebrity Home Buyers – Wall Street Journal

A Cape Cod-style House on 29 Beautiful Acres is on the Market for $22.5 Million – Architectural Digest

One-time Montecito Home of ‘Monty Pyton’s’ John Cleese for Sale for $8.25 Million – Los Angeles Times

Listing of the Day: A Lakefront Dwelling with a Two-story Waterfall – Mansion Global

Walk-through: Lavish Lounging in Los Gatos – SF Gate

$895,000 Homes in New York State, Texas and Salt Lake City – The New York Times

Sotheby’s London to Show Rare Jewelry Sketches for First Time in Public – Blouin ArtInfo

Erdem Teams up with Sotheby’s for a Contemporary Art Sale – Harper’s Bazaar

Sotheby’s International Realty Brand Expands Presence in Vermont and New Hampshire

enfld-034Sotheby’s International Realty Affiliates LLC today announced the merger of Lang McLaughry Real Estate, which has 15 offices throughout Vermont and New Hampshire, and Four Seasons Sotheby’s International Realty, which has three offices in New Hampshire. The combined company will be operating as Four Seasons Sotheby’s International Realty.

Simultaneous with this transaction, the combined company has acquired Vermont Country Properties Sotheby’s International Realty, which has five offices across Vermont.  A total of 22 offices across Vermont and New Hampshire now will operate as Four Seasons Sotheby’s International Realty.

“Lang McLaughry was established in 1959, bringing an established reputation built over 56 years for service and excellence in the community, and Four Seasons and Vermont Country Properties are both highly respected companies with a similar focus on service excellence.” said Philip White, president and chief executive officer, Sotheby’s International Realty Affiliates LLC. “We are proud to welcome them to the Sotheby’s International Realty global network.”

Staige Davis will serve as chief executive officer of Four Seasons Sotheby’s International Realty with Buff McLaughry serving as chief operating officer.  Stephanie Wheeler and Pam Perkins are co-owners of the newly combined entity.

“Our goal for nearly six decades has been to provide superior, innovative real estate services to buyers and sellers,” said Davis, formerly chief executive officer of Lang McLaughry.  “We are proud to join the Sotheby’s International Realty worldwide network, which we feel has the best marketing resources available in real estate and a reputation for extraordinary service and consistency. Bringing our companies together enables us to continue to pursue our visions of excellence and innovation in how we service our local communities, while being part of a strong global real estate network.  Four Seasons Sotheby’s International Realty opened its first office more than 100 years ago, affiliating with the Sotheby’s International Realty brand in 2009.  We are so pleased to unite with that rich and deep history.”

The Sotheby’s International Realty network currently has over 16,400 sales associates located in approximately 730 offices in 56 countries and territories worldwide.  Four Seasons Sotheby’s International Realty listings are 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.

Search Luxury Real Estate in Vermont and New Hampshire >

5 Victorian Homes With Historical Charm

During the Industrial Revolution Victorian builders used new technology and materials to create homes with unparalleled charm. Today, these homes are historic treasures that reflect the elegance and beauty of Britain’s Queen Victoria.

“Homes of the Victorian Era were romantic, distinctive, and abundant with detail, from the fabrics and patterns to the colors and textures,” according to a recent article by Better Homes and Gardens.

Here are some stunning Victorian homes that have preserved history in their delicate features.

Victorian style homes for sale Boston, Massachusetts

Boston, Massachusetts / $10,750,000 USD / Gibson Sotheby’s International Realty

Boston — This prestigious mansion built in 1848 overlooks Boston’s famous Public Garden. The formal entertaining room combines soaring ceiling height and stunning detail, to create a breathtaking space.

Victorian home in Bronxville, New York

Bronxville, New York / $2,500,000 USD / Julia B. Fee Sotheby’s International Realty

Bronxville, New York — Built in 1896, this hilltop masterpiece has sustained classic Victorian beauty while maintaining modern luxury. The original Victorian-style windows, hardwood floors and 3 historic fireplaces remain in the home.

Historic Victorian in Newton, Massachusetts

Newton, Massachusetts / $4,800,000 / Gibson Sotheby’s International Realty

Newton, Massachusetts — Set atop Mount Ida, this stately residence is listed on the National Register of Historic Places. The 7 fireplaces, intricate decorative plasterwork, Corinthian columns and elaborate mahogany and oak millwork have been exquisitely preserved.

Victorian home in Newhope, Pennsylvania

New Hope, Pennsylvania / $1,249,000 USD / Kurfiss Sotheby’s International Realty

New Hope, Pennsylvania — This restored Victorian farmhouse with extensive grounds features an extravagant barn, award winning pond and 3 porches. The family room includes an oversized fireplace with antique mantel and French doors to an outdoor brick patio.

Victorian home in Portsmouth, New Hampshire

Portsmouth, New Hampshire /$1,100,000 USD / Tate & Foss Sotheby’s International Realty

Portsmouth, New Hampshire — This Queen Anne Colonial Revival Victorian built in 1892 is complete with a wrap around porch, patterned shingles and intricate exterior color palette. The turret living room with hand painted and gold leafed walls is enhanced by ornate oak woodwork. Alluring period details include cylinder glass window panes, parquet floors, laundry chute, talking tube and original wall phone.

Search Victorian Homes for Sale >

Source: “House Styles” via Better Homes and Gardens

Colonial-style Homes: Classic Americana of Past and Present

Nothing is more American than red, white and blue and apple pie, but when considering American home styles the Colonial architectural style has been a staple of American architecture for centuries.

In a MSN Real Estate article on the Top 10 American Home Styles, the Colonial Revival style in particular is described as being, “all about patriotism and a desire to retreat from earlier Victorian excesses and build something more authentically American.”

Whether an authentic historic treasure circa the 1700’s or a Colonial Revival from the turn of the century or an impeccable 21st century reproduction made for modern living, the Colonial style has enduring presence in America.

Take a journey through our collection of extraordinary Colonial homes honoring America’s past and present.

The Inn at Barley Sheaf Farm, c. 1740

bed and breakfasts for sale PA

Built as a gentleman’s farm in 1740, today this 30-acre property is a refined, upscale boutique hotel and events venue which appeals corporate functions and wedding parties alike. Hidden back a long driveway lined with sycamore trees, its fully updated stone manor house includes welcoming public spaces and seven unique guest suites furnished with antiques.

Bulfinch Farm, c. 1806

historic farms for sale new england

Bulfinch Farm offers discriminating buyers the opportunity to own a quintessential New England farm. Situated on 330 acres of open rolling meadows, mature woodlands, private ponds, orchards and formal gardens.  The newly renovated six bedroom Colonial home displays an uncommon level of craftsmanship with a genteel gracious flow and is accompanied by numerous barns and outbuildings for both the serious and gentleman farmer.

Colonial Revival, c. 1895

newton ma homes for sale

One the area’s most admired Colonial Revival homes, this stately home is beautifully situated on a half acre of gorgeous grounds. Extensively renovated in the early 2000?s, the home has a grand welcoming foyer, tall ceilings and spacious rooms.

Classic Center Hall Colonial, c. 1920

Forest Hills homes for sale

.Beautifully designed and masterfully restored this center hall brick Colonial home has been perfectly conceived for comfortable, upscale, easy living. Built in 1920, this beautiful home is located on a quietly curving street and contains four bedrooms with plenty of space for every sized family.

Pristine Countryside Mansion, c. 2001

20162265-Hopewell Twp NJ-2001-crop

.This exquisite mansion in Hopewell Township, New Jersey is a modern-day interpretation of traditional Colonial-style architecture. The five bedroom, six and half bathroom estate boasts fabulous finishes and an array of 21st century amenities, including an elevator and indoor lap pool.

Search Colonial Homes for Sale >