Luxury Real Estate Headlines: Third Week in November 2017

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

BN-VV417_ockerl_M_20171027103748$4,950,000 USD | Holland, Michigan | Beacon Sotheby’s International Realty 

This Frank Lloyd Wright-inspired home is connected by tunnel to a 30-car garage that spans about 10,000 square feet

A Michigan Property Where the Car Is King – Wall Street Journal

Healdsburg Victorian farmhouse asks $5.4 million – Curbed

6 perfect homes for golf enthusiasts – The Week

Triplex Penthouse at 212 Fifth Ave. Returns to the Market—for $5 Million More – Mansion Global

Waterfront Georgica Cove estate on over two acres lists for $16.5M – Curbed

$1.5 Million Homes in Rhode Island, California and Georgia – The New York Times

6 gorgeous Victorian Homes – The Week

Century-old Amagansett traditional style home lists for $3.85M – Curbed

Seattle’s Bellevue Neighborhood Is a Haven for Outdoor Enthusiasts, Tech Employees – Mansion Global

Study: Renters in SF need higher credit scores than other cities – SFGate

10 Homes That Are Modern-Living Goals—Inside And Out – Elle Decor

Sag Harbor contemporary with 3,000 square feet hits market for $3.35M – Curbed

Sotheby’s First Dubai Auction Brings in $3.6 Million – Forbes

Art & Home | Speaking Volumes

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(Cover photo) Prominent Properties Sotheby’s International Realty


 

From the September 2017 edition of Art & Home, Iyna Bort Caruso shows us that a library can be a true reflection of your best self.

Walk into a personal library and you enter a realm, not just a room. No other space offers as much insight into a homeowner’s preferences, style and intellectual curiosity. They can feel intimate and consequential.

Rhode Island$2,500,000 USD | Newport, Rhode Island | Gustave White Sotheby’s International Realty 

In Newport, Rhode Island, the centerpiece of one sprawling condominium is a massive library with vaulted cedar-shingled ceilings, cherry and mahogany millwork and an imposing fireplace. Although it looks authentic to the home, the library was a meticulous 21st century reimagining by its current owners out of a space where coachmen once met. The condo, joined together from three units, is in a former carriage house built in 1852 that was once part of an estate owned by John Jacob Astor. Kate Kirby Greenman of Gustave White Sotheby’s International Realty in Newport calls the library “remarkable.”

Utah$5,900,000 USD | Salt Lake City, Utah | Summit Sotheby’s International Realty 

The 30 by 30-foot room, accessed by stairs or elevator, also has an adjoining butler’s pantry and wet bar which makes it ideal for entertaining as well as for quiet contemplation, notes Greenman. “People enter the library and are just awestruck,” she says. “It’s very peaceful, very beautiful and it just takes your breath away.”

Florida$165,000,000 USD | Manalapan, Florida | Sotheby’s International Realty – Palm Beach Brokerage

In a digital world, the idea of a space given over to actual hard-covered books might seem anachronistic if it wasn’t still so alluring. Even die-hard texters, tweeters and e-reader enthusiasts easily get swept up in rooms dedicated to stories, history and ideas. But without question libraries have evolved. Today, they’re a backdrop for entertainment and a showcase for art and design.

Arizona$16,950,000 USD | Paradise Valley, Arizona | Russ Lyon Sotheby’s International Realty 

“I love the way you can manipulate space with books,” says architect Susan Bower of Mitchell Wall Architect and Design in St. Louis, Missouri. Line a room with books and they can give the impression of wallpaper. Build freestanding bookcases and they become sculptural pieces. “They lend a presence and a depth to any room,” Bower says. “In a library, you have all these ideas captured between bindings. It’s just a wonderful repository of human thought.”

From glass houses to homes with captivating recording studios and music rooms, experience amenities and lifestyles in previous editions of Art & Home

Three Homes Once Belonging to Campbell Soup Company Heirs

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Whether it’s the comfort offered in a classic flavor or a famed modernist masterpiece by Andy Warhol, the Campbell Soup Company and their iconic can are pop-cultural and culinary staples. The Dorrance family represents the heirs to the aforementioned household name brand and, as recently covered by Mansion Global  and The Wall Street Journal, three of the family’s homes have recently come to market in the Northeastern United States.

BirdHouse1$12,500,000 USD | Newport, Rhode Island | Gustave White Sotheby’s International Realty 

The first, known as “The Bird House,” is the former home Dorrance Hill Hamilton and can be found at one of the highest points in Newport, Rhode Island. State-of-the-art in every aspect, from geothermal heating and cooling to exquisitely crafted details and top-of-the-line amenities, the soaring two-story entrance hall and living room with floor-to-ceiling stone fireplace enjoy panoramic ocean views. 

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Dorrance, or “Dodo” as she was known by her closest friends, passed away this past April at 88. Before her death, she spared no expense to create a beautiful sanctuary using all that modern technology can provide including Tischler custom windows and doors, three-stop elevator, radiant heated floors, whole house generator, and exquisite landscaping.

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At nearly 10,000 square-feet of living space on over three-and-one-half-acres, the home bears it’s ornithological moniker from its many bird-inspired design elements throughout.

LindenHill1$16,500,000 USD | Gladwyne, Pennsylvania | Kurfiss Sotheby’s International Realty 

The second home, named “Linden Hill,” can be found in Gladwyne, Pennsylvania. Designed between 1928 and 1931 by Edmund B. Gilchrist for stockbroker Rodman Ellison Griscom, this French Norman-Style home was owned by the Dorrance family for over 50 years.

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Sprawling 67 acres, discover an initial courtyard formed by turreted caretaker’s quarters, a 10-car garage, stables and additional staff houses leads to the crest of a hill. At the end of a narrow-walled lane, the magnificent manor house reveals itself, a majestic example of inspired design of breathtaking scale and symmetry. Pass through the courtyard entry where brick chimney stacks on guest houses cleverly frame the main house, and behold a truly historic mansion, beautifully maintained with complete respect for its origins, yet offering every modern amenity. 

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Its grand-scale formal rooms offer elegant and easy, expansive or intimate entertaining spaces. Private quarters are equally inviting with family living quarters that accommodate guests for short-term or extended stays. Beyond the main house are two pools, a pool house, tennis court and a beautiful aviary, all set within absolutely stunning gardens and grounds.

Maine1$6,295,000 USD | Bar Harbor, Maine | The Swan Agency Sotheby’s International Realty 

Lastly, we find ourselves in Bar Harbor, Maine at “La Rochelle” – a captivating waterfront retreat and one of the village’s most treasured addresses. As covered in Mansion Global, the home is truly an iconic piece of Bar Harbor’s legacy.

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In the early 1940s, the home belonged to Tristram and Ethel Colket; before marrying Tristram, Ethel bore the surname Dorrance as she was daughter of John Thompson Dorrance, co-founder of the Campbell Soup Company. Built in 1902, this Georgian Revival masterpiece was the village’s first brick summer cottage.

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Looking out over Frenchman Bay, this sprawling home is an architectural and historic masterpiece; among its features are forty-one rooms in the 13,000 plus square-feet of living space, manicured gardens and lawn, and nearly three oceanfront acres.

On six of the Earth’s seven continents, discover exclusive tours of luxury homes on the Extraordinary Living blog

Luxury Real Estate Headlines: Third Week in August 2017

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

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$12,500,000 USD | Newport, Rhode Island | Gustave White Sotheby’s International Realty

“Built in 2012, the six-bedroom, nearly 10,000-square-foot house is located in the Ocean Drive historic area, famous for its elaborate estates, and sits on 3.67 acres overlooking the Atlantic.”

Newport Home of Campbell Soup Heiress Asks $12.5 Million – Wall Street Journal

Southampton Compound with Three Acres Comes on the Market, Asking $25M – Curbed

Kate Walsh’s Encino House Sells for Well Over the Asking Price – Los Angeles Times

Living Large in Truly Tropical Panama City – Mansion Global

Buy Your Own Private Island in Montana – Robb Report

Incredible Tuscan Villa Can be Yours for $1.15M – Curbed

Wedged Between the Ocean and the Mountains, Rio’s Leblon Draws the City’s Elite – Mansion Global

Rhodes ‘Golden Visas’ Lure Buyers to Ancestral Home – Financial Times

Carmel Highlands: An Upscale Bohemian Spot That’ll Appeal to Whale Watchers – Mansion Global

House Hunting in… Toronto – The New York Times

Cannes’s La Californie is a Leafy Area with Sea Views and Easy Access to Top-Notch Shopping and Dining – Mansion Global

10 Vineyard Homes You Can Actually Move Into – Elle Decor

Found: Oldest Known Photo of a U.S. President – The New York Times

Art & Home | Royal Welcome

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From April’s volume of Art & HomeIyna Bort Caruso takes us into the royal world of castles.

In the world of luxury real estate, perhaps no single category of residence rises to the level of fantasy than the castle.

Germany, England, Spain and most notably France are among the countries with high concentrations of historic manors, where bedrooms number in the dozens, square footage is measured in the tens of thousands and amenities include moats, lookout towers and turrets.

Scotland£6,000,000 GBP | Edinburgh, Scotland | United Kingdom Sotheby’s International Realty

The United States has its share of palatial counterparts, too, even if they don’t have 900-year-old masonry, says Elizabeth Corbin Murphy of Chambers, Murphy & Burge Historical Architecture in Akron, Ohio. “The estates of Newport, Rhode Island, are wonderful examples, but you can have a castle in any city depending on its culture and context. A structure of character that is reflective of the society that builds it and the craftspeople who contribute to it–that’s a castle.” Her firm’s landmark restoration projects have included the Edsel and Eleanor Ford House, now a museum in Grosse Point Shores, Michigan, and Thomas Jefferson’s privy at Monticello in Virginia.

Turns out it can be surprisingly attainable to be king–or queen–of one’s castle. While fully restored palaces close to major centers like Paris, Geneva or London can exceed $30 million, others are on a par with two-bedroom apartments in those same cities, says Alexander V. G. Kraft, chairman of Sotheby’s International Realty France and author of “Living in Luxury” (Thames & Hudson, NY). “Prices can start at or even below $700,000 for smaller castles in rural locations in need of some updating.”

Rhode Island$17,500,000 USD | Newport, Rhode Island | Gustave White Sotheby’s International Realty

In areas with low labor costs, a ready pool of artisans and local tax incentives, ownership is even more attractive. Still, a castle is less an investment to round out a portfolio than a passion project.

“From a practical standpoint, a castle’s solid stone construction and centuries of modifications can make such ordinary tasks as re-plumbing or re-wiring extremely challenging,” Kraft says. Owning a castle takes “deep pockets and patience,” he adds.  And it also takes someone who approaches restoration with respect and balance.

FrancePrice Upon Request | Uzes, France | Uzes Sotheby’s International Realty

“There’s nothing wrong with making a castle your home,” says Murphy. “Everyone has to feel like it’s their own and not the ghosts who went before. But being able to soak up the legacy of the families who invested in the property and the craftsmen who built it is the reward and responsibility of ownership.”

Germany6.400.000 € EUR | North Rhine-Westphalia, Germany | Cologne Sotheby’s International Realty

Kraft agrees–he knows the rewards first-hand. He owns a restored 19th century hunting château in Provence. “One gets to live in an unusual, beautiful environment and become the guardian of a piece of history,” he says. “How many people can say that, even amongst the world’s elite?”

See homes from around the world in previous editions of Art & Home

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.

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$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

Luxury Real Estate Headlines: Fourth Week in December 2016

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

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$5,350,000 USD | Schroon Lake, New York | Select Sotheby’s International Realty

“This handcrafted French trapper-style log cabin on 172 acres in the Adirondacks is an ideal place to get cozy this winter. Skye Notch, as it’s known, was built in 2000 by Maple Island Homes and features hand-scribed log and hand-split cedar shake construction, which gives it an old-world storybook charm.”

Luxury Log Cabin Living in Upstate New York – Mansion Global

An African-Style Ranch in Southern California Asks $16 Million – Wall Street Journal

10 Over-the-Top Ski Homes for Sale Right Now – Curbed

A Victorian Villa in the Heart of Walkable Newport, Rhode Island – Mansion Global

A Look at Four Multimillion-Dollar Estates with Helipads – Bloomberg

San Francisco’s Most-Expensive Home of 2016 is… – SFGate

Sprawling Florida Equestrian Compound on the Market for $45 Million – Mansion Global

Taboo of the Black Eyed Peas Sells Altadena Home for Over the Asking Price – Los Angeles Times

Top 15 Residential Real Estate Sales of 2016 – Observer

A Luxe Colorado Ranch Hits the Market for $28.5 Million – Mansion Global

Top Perkins’s Penthouse in Sinking Millennium Tower Sells – Wall Street Journal

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

A Modernist’s Dream Estate in South Africa with Unparalleled Views – Mansion Global

House Hunting in… Lithuania – The New York Times

This Real Housewives Star is Selling Her $2.9 Million California Home – Architectural Digest

Canal Bank: A Gated Area Near Beijing with Unrivaled Access to Green Space – Mansion Global

Sotheby’s Auction House | Alexander Hamilton’s Family Archive – Sotheby’s International Realty

For last week’s Real Estate Headlines, click here.

Luxury Living | Stellar Staircases

As with life, sometimes the most interesting part of a home is not where you start or finish, but how you get there. Connecting living spaces in these four homes from around the world, expertly designed and crafted staircases take center stage as they take their home’s inhabitants on a journey from one floor to the next. Let’s explore these stellar staircases.

canada5 388 000 $ CAD | Montreal, Canada | Canada Sotheby’s International Realty

This one-of-a-kind modern home sits on a large lot backing onto a nature park. Located in a prestigious area of Ile Bizard, this home offers volleyball/tennis/basketball/soccer courts, spa, pool and an outdoor kitchen. Inside includes a gym, ice rink, private theater, pool table, ping pong, two-floor wine cellar, waterfall and much more among its amenities.

rhode-island$7,595,000 USD | Newport, Rhode Island | Gustave White Sotheby’s International Realty

Unobstructed, breathtaking ocean and Lily Pond views entice from this exquisite, perfect-turnkey contemporary home. Fabulously unique, the residence features an interior bridge, which crosses the infinity pool. The bridge leads to separate guest quarters with fireplace and airy bedroom loft. The open concept living space provides wonderful flow among living room, kitchen, and dining room. Expertly crafted interior details include a sculptural spiral staircase, beautiful cabinetry, gourmet kitchen, and five distinct and lovely fireplaces. The private two-acre pond-front site is beautifully landscaped with a riverbed garden, meditation garden, and specimen trees including magnificent bald cypress and weeping beech.

Discover more incredible staircases in the exclusively themed piece in Art & Home

south-africaR 30 000 000 ZAR | Johannesburg, South Africa | Lew Geffen Sotheby’s International Realty

Designed by Ultra-Modern Architect Aurelio Cimato, perched on the Linksfield Ridge with never ending views to the horizon, this three-bedroom home features two studies and a library, two TV lounges/family room, a formal lounge, three entrance halls, state-of-the-art kitchen with SMEG appliances, separate scullery and laundry with AEG appliances, walk-in pantry and walk-in fridge/ cold room. Large wrap around balconies encircle the living area and offer a large covered patio with built in gas BBQ, wooden deck with seating area and heated rim flow pool.

 

texas$4,995,000 USD | Austin, Texas | Kuper Sotheby’s International Realty

Soaring Wings is the creation of one of Austin’s most visionary architects and the result of four years of work by some of the most talented craftsmen in Austin. Completed in 2007, the structure of Soaring Wings is constructed entirely of red iron on concrete piers sunk deep into rock. All the connections are joined with full penetration welds, the strongest type of connection and many times more costly than bolted connections. Soaring Wings was designed to accommodate small or grand entertaining and has served the current owners well as the backdrop for intimate family gatherings and large-scale charity events.

From Urban Retreats and Dining Rooms to Lord Richard Attenborough’s estate in the French Riviera, discover more in Luxury Living.

Luxury Real Estate Headlines: Fourth Week in July 2016

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

BN-OX209_huntho_J_20160713175552$10,500,000 USD | Cambridge, Massachusetts | Gibson Sotheby’s International Realty

“Ms. Hunt uses the living room fireplace everyday in the winter. One of her favorite ways to entertain is to combine friends and fireplaces and a few decks of cards. ‘We are fun-loving folk here,’ she says. Her preferred game is multi-handed solitaire which ‘brings out parts of people’s personality you couldn’t imagine.’”

An Ambassador’s Historic Home in Cambridge, Mass. – Wall Street Journal

Sotheby’s International Realty Brand Expands Presence in Rhode Island – PR Newswire

Lake Tahoe Property Featured on ‘Bonanza’ on the Market for $59MRealtor.com

Richard Attenborough’s Riviera holiday home is for sale – Homes & Property

Makeup couple selling pretty-in-pink Midtown condo – The New York Post

House Hunting in … Tuscany – The New York Times

The 32 most expensive homes for sale in the US right now – Business Insider

Edwardian in Lower Pacific Heights is anything but dated – San Francisco Gate

U.S. Existing-Home Sales Climb to Strongest Rate in Nearly a Decade – Wall Street Journal

Sotheby’s Reports Half-Year Asia Sales Are Up 22 Percent – ArtNet News

Sotheby’s to Sell David Bowie’s Art and Furniture Collection – The New York Times

Sotheby’s International Realty® Brand Expands Presence in Rhode Island

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Sotheby’s International Realty Affiliates LLC today announced that Mott & Chace Sotheby’s International Realty in Rhode Island has acquired local brokerage Coleman Realtors, LLC. The acquired firm will now operate as Mott & Chace Sotheby’s International Realty.

Mott & Chace Sotheby’s International Realty now has a total of six offices and over 130 independent sales associates.  The acquisition expands the firm’s presence into new markets including Barrington and East Greenwich while continuing to serve the luxury residential real estate markets in Charlestown, Narragansett, Providence and Watch Hill.

“Mott & Chace Sotheby’s International Realty is a highly respected company for service and excellence and Coleman Realtors, established in 1929, has built a strong reputation in Rhode Island over the past 87 years,” said Philip White, president and chief executive officer, Sotheby’s International Realty Affiliates LLC. “This acquisition supports the collaborative culture of Mott & Chace Sotheby’s International Realty and their commitment to exceptional service.”

Raymond Mott and Judy Chace serve as brokers and owners of Mott & Chace Sotheby’s International Realty. David Coleman will remain as manager at the Barrington office of Mott & Chace Sotheby’s International Realty.  Michael Young, former president and principal broker, will be focused on the development of the East Greenwich office of Mott & Chace Sotheby’s International Realty.

“Mott & Chace Sotheby’s International Realty represents some of the finest properties in Rhode Island and we are proud to join a team that complements our commitment to integrity and professionalism,” said Coleman, former owner of Coleman Realtors.

“Bringing our companies together positions us to continue to provide exceptional client service to our local communities,” said Chace. “Combined, we have 90 years of serving our local Rhode Island real estate market. Our experience is unparalleled,” added Mott.

Mott & Chace Sotheby’s International Realty is one of three independently owned and operated affiliates of the Sotheby’s International Realty® brand in Rhode Island.  Also operating in the state are Gustave White Sotheby’s International Realty in Newport and Sullivan Sotheby’s International Realty on Block Island.

The Sotheby’s International Realty network currently has more than 19,000 affiliated independent sales associates located in approximately 845 offices in 63 countries and territories worldwide.  Mott & Chace 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 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.