Asian Home Buyers Snap Up Real Estate Worldwide

Over the past decade, several global markets have seen an influx in Chinese buyers seeking to diversify their real estate investments and fulfill aspirations to own property across the globe. Vancouver, New York City, London, California, Seattle and Australia all have experienced heightened interest in real estate investment from the Asian buyer.

In April, our President and CEO Philip White will co-chair the Asian Real Estate Association of America’s 2014 Global and Luxury Summit, which will highlight the emerging market opportunities present in both the international and luxury real estate markets and provide key insights regarding Asian home-buying behaviors, a group that represents a significant portion of both high-end and international buyers.

“I am honored to serve AREAA in this capacity for the 2014 Summit, having personally been involved in the organization’s efforts over the last several years,” said White. “The Asian American market represents a significant growth opportunity in our industry. According to AREAA, the market has the highest growth rate of any multicultural group in the United States. The Asian American consumer base is growing, affluent, technologically savvy and has increasing buying-power: $718 billion currently, and expected to reach $1 trillion in just five years.”

seattle luxury condos for sale

$2,700,000 USD | Seattle, Washington | Realogics Sotheby’s International Realty

The Pacific Northwest region has always been an attractive destination for Asian buyers due to its proximity and lifestyle, but in recent years brokers say the trend has grown exponentially. “When it comes to Chinese buyers the real estate axiom isn’t location-location-location but rather location-education-environment,” says Dean Jones, President and CEO of Seattle-based Realogics Sotheby’s International Realty. “The Pacific Northwest is viewed as the Pacific Northeast as we are the closest mainland port and boast a pristine natural environment and top ranked schools and universities while real estate remains a relative bargain compared with Vancouver to our north and San Francisco to our south. We’re building an Asia Desk with Mandarin-speaking brokers, landing services for new arrivals and a specialty website—www.dragonandthepearls.com—focused on the unique needs of this demographic.”

high-end chinese real estate buyers

$8,950,000 USD | New York, New York | Sotheby’s International Realty-East Side Manhattan Brokerage

In New York City, Nikki Field Senior Global Real Estate Advisor and Associate Broker at Sotheby’s International Realty, Inc. on the East Side of Manhattan, along with her team have spent the last five years immersing themselves in Asian culture. “Finding a new home on foreign shores is filled with perplexing decisions,” said Field. “There is a distinct Asian worldview on real estate investments that require a vast new skill sets needed to work with these buyers; cultural, social and business protocol is profoundly different in style. The focus on harmony, balance and order is fundamental to their life-style choices and we Westerners have much to learn from the East.”

Field and her team study the Chinese language, attend business culture classes and participate in numerous Chinese business organizations as guest speakers and seminar panelists in order to better understand their Asian customers.

Asian Home Buyers Snap Up Real Estate Worldwide

Over the past decade, several global markets have seen an influx in Chinese buyers seeking to diversify their real estate investments and fulfill aspirations to own property across the globe. Vancouver, New York City, London, California, Seattle and Australia all have experienced heightened interest in real estate investment from the Asian buyer.

In April, our President and CEO Philip White will co-chair the Asian Real Estate Association of America’s 2014 Global and Luxury Summit, which will highlight the emerging market opportunities present in both the international and luxury real estate markets and provide key insights regarding Asian home-buying behaviors, a group that represents a significant portion of both high-end and international buyers.

“I am honored to serve AREAA in this capacity for the 2014 Summit, having personally been involved in the organization’s efforts over the last several years,” said White. “The Asian American market represents a significant growth opportunity in our industry. According to AREAA, the market has the highest growth rate of any multicultural group in the United States. The Asian American consumer base is growing, affluent, technologically savvy and has increasing buying-power: $718 billion currently, and expected to reach $1 trillion in just five years.”

seattle luxury condos for sale

$2,700,000 USD / Seattle, Washington / Realogics Sotheby’s International Realty

The Pacific Northwest region has always been an attractive destination for Asian buyers due to its proximity and lifestyle, but in recent years brokers say the trend has grown exponentially. “When it comes to Chinese buyers the real estate axiom isn’t location-location-location but rather location-education-environment,” says Dean Jones, President and CEO of Seattle-based Realogics Sotheby’s International Realty. “The Pacific Northwest is viewed as the Pacific Northeast as we are the closest mainland port and boast a pristine natural environment and top ranked schools and universities while real estate remains a relative bargain compared with Vancouver to our north and San Francisco to our south. We’re building an Asia Desk with Mandarin-speaking brokers, landing services for new arrivals and a specialty website—www.dragonandthepearls.com—focused on the unique needs of this demographic.”

high-end chinese real estate buyers

$8,950,000 USD / New York, New York / Sotheby’s International Realty-East Side Manhattan Brokerage

In New York City, Nikki Field Senior Global Real Estate Advisor and Associate Broker at Sotheby’s International Realty, Inc. on the East Side of Manhattan, along with her team have spent the last five years immersing themselves in Asian culture. “Finding a new home on foreign shores is filled with perplexing decisions,” said Field. “There is a distinct Asian worldview on real estate investments that require a vast new skill sets needed to work with these buyers; cultural, social and business protocol is profoundly different in style. The focus on harmony, balance and order is fundamental to their life-style choices and we Westerners have much to learn from the East.”

Field and her team study the Chinese language, attend business culture classes and participate in numerous Chinese business organizations as guest speakers and seminar panelists in order to better understand their Asian customers.

Luxury Real Estate Headlines: Third Week in November 2013

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

luxury real estate seattle$1,997,000 USD | Seattle, Washington | Realogics Sotheby’s International Realty

Seattle property a hot buy for Chinese investors - KIRO TV Seattle

Most of the international investments are with cash. And they might seek to refinance later, but a primary objective would be to create that financial safe harbor,” said Dean Jones, the principal of Realogics Sotheby’s International Realty.

CEO of ONE Southeby’s International Realty and Fellow South Floridians Share Their Secrets Of SuccessCBS Miami

Art and philanthropy come togetherThe Daily Times

Chic Rustic in California | House of the DayThe Wall Street Journal

Country Living in Australia | House of the Day AsiaThe Wall Street Journal

Home bordering Sea Cliff integrates security with style - San Francisco Chronicle

Who’s Putting a Roof Over Parents’ Heads - The New York Times

China Home Prices Jump as Guangzhou, Shenzhen Lead AdvancesBloomberg

London House Prices Fall 5% as Seasonal Factors Curb Demand - Bloomberg

Sotheby’s $50M car auction - Yahoo! Finance

Bugattis Boost $50 Million Sale, Duesenberg Jams TrafficBloomberg

Sotheby’s Announces Ambitious Beijing Art Week ProgrammeArtlyst

Luxury Real Estate Headlines: Third Week in November 2013

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

luxury real estate seattle$1,997,000 USD / Seattle, Washington / Realogics Sotheby’s International Realty

Seattle property a hot buy for Chinese investors - KIRO TV Seattle

Most of the international investments are with cash. And they might seek to refinance later, but a primary objective would be to create that financial safe harbor,” said Dean Jones, the principal of Realogics Sotheby’s International Realty.

CEO of ONE Southeby’s International Realty and Fellow South Floridians Share Their Secrets Of SuccessCBS Miami

Art and philanthropy come togetherThe Daily Times

Chic Rustic in California / House of the DayThe Wall Street Journal

Country Living in Australia / House of the Day AsiaThe Wall Street Journal

Home bordering Sea Cliff integrates security with style - San Francisco Chronicle

Who’s Putting a Roof Over Parents’ Heads - The New York Times

China Home Prices Jump as Guangzhou, Shenzhen Lead AdvancesBloomberg

London House Prices Fall 5% as Seasonal Factors Curb Demand - Bloomberg

Sotheby’s $50M car auction - Yahoo! Finance

Bugattis Boost $50 Million Sale, Duesenberg Jams TrafficBloomberg

Sotheby’s Announces Ambitious Beijing Art Week ProgrammeArtlyst

5 Luxury Green Homes

Today’s Eco-friendly homes involve more than the just sustainable products, recycled materials and energy efficient systems. These homes strive to create a lifestyle where modern day conveniences meld harmoniously with the home’s natural surroundings. Take a peek at five unique luxury green home currently on the market.

madrid spain luxury homes for sale

Price Upon Request | Madrid, Spain | Kristina Szekely Sotheby’s International Realty

Madrid – Located in the exclusive Madrid suburb of La Moraleja, this brand new luxury home comes fully-equipped with high-end electro domestics, uses renewable energy with geothermal heating throughout, including the pool and the entire house can be controlled by an iPhone or iPad. The four levels are accessible with a glass elevator and includes six bedrooms, a home cinema, gym and spa.

silicon valley eco friendly homes

$5,995,000 USD | Atherton, California | Dreyfus Sotheby’s International Realty

California – Located in California’s Silicon Valley, this unique house is one of the most energy-efficient green homes built in the United States. Completed in 2009, the home is Platinum LEED certified with a rare, residential 115.5 rating.  This modern Spanish-style home features hardwood floors made from reclaimed Civil War-era Tennessee barn wood, century-old reclaimed terracotta roof tiles from Southern Spain and solar sourced radiant and central heating.

Luxury Homes for Sale Lake Michigan

$13,900,000 USD | Elk Rapids, Michigan | Harbor Sotheby’s International Realty

MichiganPine Hollow was created out of a deep appreciation and profound sense of belonging among the lakes and landscapes of northern Michigan. This exceptional dwelling is made of local stone and timber. From the major elements to the smallest details, only the best materials were used – local granite and limestone, white oak timbers, glacier-scraped stone floors, solid teak windows, and grey one-inch standing seam zinc metal for the roof. Despite its impressive form, Pine Hollow is intimate, comfortable and offers quiet elegance throughout, all in a natural setting offering breathtaking views of Lake Michigan.

Luxury Modern Eco-friendly Homes for Sale

$36,000,000 USD | Carmel, California | Sotheby’s International Realty-Carmel Rancho Brokerage

California – Innovative and stylish, Tres Paraguas, was designed by noted architect Ron Mann who specializes in integrating structures with the terrain and utilizing environmentally sustainable building practices, including recycled woods, locally harvested stone and natural materials. Tres Paraguas is Spanish for  ‘Three Umbrellas,’ representative of the five house complex that covered by three corrugated Corten steel roofs aka ‘umbrellas.’ Voluminous and airy, the modern-style Pueblas property creates a large, enclosed courtyard with a pool, cantina and spa.

Seattle waterfront homes for sale on the Puget Sound

$1,325,000 USD | Seattle, Washington | Realogics Sotheby’s International Realty

Seattle - Located on the shores of Seattle’s Puget Sound in the Fauntleroy community, is this eco-friendly creek-side retreat. This custom home underwent an extensive rebuild and total restoration of Fauntleroy Creek which combined create the ultimate Northwest living experience. The owners salvaged much of the original structure including reusing the original old growth cedar siding, and added sustainable products including a new metal roof, metal clad wood windows and a rain-water collection system.  Since the completion of the creek restoration in 2007, the Coho Salmon have returned in abundance. Otter and eagle also frequent the grounds and the sunsets and moonsets never disappoint.

Search Eco-friendly homes for sale>

5 Luxury Green Homes

Today’s Eco-friendly homes involve more than the just sustainable products, recycled materials and energy efficient systems. These homes strive to create a lifestyle where modern day conveniences meld harmoniously with the home’s natural surroundings. Take a peek at five unique luxury green home currently on the market.

madrid spain luxury homes for sale

Price Upon Request / Madrid, Spain / Kristina Szekely Sotheby’s International Realty

Madrid – Located in the exclusive Madrid suburb of La Moraleja, this brand new luxury home comes fully-equipped with high-end electro domestics, uses renewable energy with geothermal heating throughout, including the pool and the entire house can be controlled by an iPhone or iPad. The four levels are accessible with a glass elevator and includes six bedrooms, a home cinema, gym and spa.

silicon valley eco friendly homes

$5,995,000 USD / Atherton, California / Dreyfus Sotheby’s International Realty

California – Located in California’s Silicon Valley, this unique house is one of the most energy-efficient green homes built in the United States. Completed in 2009, the home is Platinum LEED certified with a rare, residential 115.5 rating.  This modern Spanish-style home features hardwood floors made from reclaimed Civil War-era Tennessee barn wood, century-old reclaimed terracotta roof tiles from Southern Spain and solar sourced radiant and central heating.

Luxury Homes for Sale Lake Michigan

$13,900,000 USD / Elk Rapids, Michigan / Harbor Sotheby’s International Realty

MichiganPine Hollow was created out of a deep appreciation and profound sense of belonging among the lakes and landscapes of northern Michigan. This exceptional dwelling is made of local stone and timber. From the major elements to the smallest details, only the best materials were used – local granite and limestone, white oak timbers, glacier-scraped stone floors, solid teak windows, and grey one-inch standing seam zinc metal for the roof. Despite its impressive form, Pine Hollow is intimate, comfortable and offers quiet elegance throughout, all in a natural setting offering breathtaking views of Lake Michigan.

Luxury Modern Eco-friendly Homes for Sale

$36,000,000 USD / Carmel, California / Sotheby’s International Realty-Carmel Rancho Brokerage

California – Innovative and stylish, Tres Paraguas, was designed by noted architect Ron Mann who specializes in integrating structures with the terrain and utilizing environmentally sustainable building practices, including recycled woods, locally harvested stone and natural materials. Tres Paraguas is Spanish for  ‘Three Umbrellas,’ representative of the five house complex that covered by three corrugated Corten steel roofs aka ‘umbrellas.’ Voluminous and airy, the modern-style Pueblas property creates a large, enclosed courtyard with a pool, cantina and spa.

Seattle waterfront homes for sale on the Puget Sound

$1,325,000 USD / Seattle, Washington / Realogics Sotheby’s International Realty

Seattle - Located on the shores of Seattle’s Puget Sound in the Fauntleroy community, is this eco-friendly creek-side retreat. This custom home underwent an extensive rebuild and total restoration of Fauntleroy Creek which combined create the ultimate Northwest living experience. The owners salvaged much of the original structure including reusing the original old growth cedar siding, and added sustainable products including a new metal roof, metal clad wood windows and a rain-water collection system.  Since the completion of the creek restoration in 2007, the Coho Salmon have returned in abundance. Otter and eagle also frequent the grounds and the sunsets and moonsets never disappoint.

Search Eco-friendly homes for sale>

Church Conversions | Living in a Religious Landmark

For those that value the unique, living in a historic landmark converted to a well-appointed home is truly a special experience. Luxury church-to-home conversions are popping up across the United States. “As dozens of churches close or move to different quarters each year, they’re finding second lives as condo developments and townhouses,” according to The Wall Street Journal.

Here are several fine examples of church-to-home conversions currently on the market for sale and one historic church in New York City primed for a possible conversion.

The Sanctuary Seattle Luxury Condos for sale

$1,395,000 USD | Seattle, Washington | Realogics Sotheby’s International Realty

Seattle, Washington − The Sanctuary is a masterfully crafted residence within one of Seattle’s most admired landmarks—The First Church of Christ, Scientist. With its nostalgic design, the 12-unit church-turned-townhome development’s historic features are thoughtfully integrated among modern, concrete and steel construction. This home offers a spacious kitchen with stainless steel appliances and a generous deck with Seattle skyline views.

toronto historic properties for sale church conversion

Sotheby’s International Realty Canada | Toronto, Canada | $2,250,000 CAD, $2,180,444 USD

Toronto, Canada − This unconventional luxury townhouse in Toronto encompasses the entire south facing façade of this early 1900’s former church. Sunlight streams through the Gothic shaped windows. Sheer drama is captured in the upper level great room, with its cathedral ceiling, exposed wooden rafters and hidden away in the bell tower, is the home office.

montreal luxury homes for sale

$1,685,000 CAD, $1,705,984 USD | Montreal, Canada | Sotheby’s International Realty Quebec

Montréal, Canada — Located in the attractive Nouveau Plateau neighborhood, this former church has been entirely renovated with a mixture of contemporary and antique finishes. Converted from a church by the name of Adventise Beer-Sheba/Rosemont in 2005, the unique condominium boasts an impressive layout and space with receptions of over 50 guests were given and 11 foot kitchen island.

new mexico homes for sale

$699,000 USD | Madrid, New Mexico | Sotheby’s International Realty – Santa Fe – Main Downtown Brokerage

New Mexico − Located just 25 minutes from Santa Fe on the historic Turquois Trail, the 110-year-old deconsecrated St. Anne’s church has been converted into a functional residence while still maintaining its inspiring spaces. As one of the most unique properties in Northern New Mexico, it has a a main house with a choir loft turned office and sanctuary turned media or meditation room. The master bedroom is surrounded on two sides by a large gracious covered portal. There is also a charming one bedroom guesthouse with a full bath and a divine workshop/studio perfect for an artist.

forest hills church for sale

$4,350,000 USD | Forest Hills Gardens, New York | Terrace Sotheby’s International Realty

Forest Hills, New York − Designed by architect, Bernhardt E. Muller and completed in 1933, The First Church of Christ, Scientist is a notable field-stone community landmark located in Forest Hills Gardens, Queens−a diverse cosmopolitan community within the 5 boroughs of New York City. This Moorish Revival style building is dotted with eye-catching architectural embellishments both on its exterior façade and within making it one of a number of architecturally significant buildings in the area. This unique property is has many future uses including continued use as a place of worship, potential conversion to a gallery, showroom or working art space, use as an appropriate museum, university or college affiliated facility or possible conversion into a unique private home or multi-unit residence.

Source: The Wall Street Journal, Religious Conversions 

Church Conversions / Living in a Religious Landmark

For those that value the unique, living in a historic landmark converted to a well-appointed home is truly a special experience. Luxury church-to-home conversions are popping up across the United States. “As dozens of churches close or move to different quarters each year, they’re finding second lives as condo developments and townhouses,” according to The Wall Street Journal.

Here are several fine examples of church-to-home conversions currently on the market for sale and one historic church in New York City primed for a possible conversion.

The Sanctuary Seattle Luxury Condos for sale

$1,395,000 USD / Seattle, Washington / Realogics Sotheby’s International Realty

Seattle, Washington ? The Sanctuary is a masterfully crafted residence within one of Seattle’s most admired landmarks—The First Church of Christ, Scientist. With its nostalgic design, the 12-unit church-turned-townhome development’s historic features are thoughtfully integrated among modern, concrete and steel construction. This home offers a spacious kitchen with stainless steel appliances and a generous deck with Seattle skyline views.

toronto historic properties for sale church conversion

Sotheby’s International Realty Canada / Toronto, Canada / $2,250,000 CAD, $2,180,444 USD

Toronto, Canada ? This unconventional luxury townhouse in Toronto encompasses the entire south facing façade of this early 1900’s former church. Sunlight streams through the Gothic shaped windows. Sheer drama is captured in the upper level great room, with its cathedral ceiling, exposed wooden rafters and hidden away in the bell tower, is the home office.

montreal luxury homes for sale

$1,685,000 CAD, $1,705,984 USD / Montreal, Canada / Sotheby’s International Realty Quebec

Montréal, Canada — Located in the attractive Nouveau Plateau neighborhood, this former church has been entirely renovated with a mixture of contemporary and antique finishes. Converted from a church by the name of Adventise Beer-Sheba/Rosemont in 2005, the unique condominium boasts an impressive layout and space with receptions of over 50 guests were given and 11 foot kitchen island.

new mexico homes for sale

$699,000 USD / Madrid, New Mexico / Sotheby’s International Realty – Santa Fe – Main Downtown Brokerage

New Mexico ? Located just 25 minutes from Santa Fe on the historic Turquois Trail, the 110-year-old deconsecrated St. Anne’s church has been converted into a functional residence while still maintaining its inspiring spaces. As one of the most unique properties in Northern New Mexico, it has a a main house with a choir loft turned office and sanctuary turned media or meditation room. The master bedroom is surrounded on two sides by a large gracious covered portal. There is also a charming one bedroom guesthouse with a full bath and a divine workshop/studio perfect for an artist.

forest hills church for sale

$4,350,000 USD / Forest Hills Gardens, New York / Terrace Sotheby’s International Realty

Forest Hills, New York ? Designed by architect, Bernhardt E. Muller and completed in 1933, The First Church of Christ, Scientist is a notable field-stone community landmark located in Forest Hills Gardens, Queens?a diverse cosmopolitan community within the 5 boroughs of New York City. This Moorish Revival style building is dotted with eye-catching architectural embellishments both on its exterior façade and within making it one of a number of architecturally significant buildings in the area. This unique property is has many future uses including continued use as a place of worship, potential conversion to a gallery, showroom or working art space, use as an appropriate museum, university or college affiliated facility or possible conversion into a unique private home or multi-unit residence.

Source: The Wall Street Journal, Religious Conversions 

Walk This Way: Favorite Pedestrian-Friendly Communities

Post provided by guest contributing blogger, Leslie Mann, Real Estate Professional with Gibson Sotheby’s International Realty in the Boston suburbs.

Rumor has it that the settlers of Boston suburb of Wellesley, Massachusetts were so taken with the community that they originally dubbed it Contentment. As one of the few truly walkable suburbs west of Boston, Wellesley is home to a wealth of restaurants, cafes, boutiques, and wonderful outdoor spaces. The community is sought after among those looking for high ranking public schools and an easy commute into the city.

wellesley ma real estate

On a fine spring afternoon, you’ll find families hiking along the Charles River, taking a stroll through the whimsical Wheesie’s Garden at Elm Bank Reservation, or exploring Wellesley’s Grand Tour, a spectacular 10-mile trail loop. The town green hosts many community events, including outdoor movies, summer concerts, and family fun days.

Across the U.S. and beyond home buyers can find charming communities, such as Wellesley, that are nestled in and around metropolitan areas and have a pedestrian-friendly lifestyle. Here are some of my favorites.

Seattle, Washington, USA

Seattle is undergoing many exciting development projects, including the new “waterfront for all” park that will forever link the city to Elliott Bay. The community’s varied eateries and fashionable shops are part of the reason Travel + Leisure called Seattle the #1 “hipster” city. The city is attracting young families from diverse backgrounds drawn to the area’s vibrancy and job growth. In fact, the city center population has increased nearly 25 percent in the past decade, according to the Downtown Seattle Association.

seattle luxury penthouse apartment

One sparkling example of the city’s housing offerings is this two-bedroom Seattle penthouse residence just steps from Pike Place Market. The uniquely designed residence features a custom kitchen, stunning views; a community garden, gym, and yoga studio; and 24-hour concierge service.

$1,765,000 USD | Realogics Sotheby’s International Realty

Minneapolis, Minnesota, USA

Back in the 1800′s, the visionary leaders of Minneapolis sought to preserve the natural beauty of the area’s lakes for all to enjoy. The city fortuitously purchased land joining these lakes, turning them into public parks. This led to the creation of the Grand Rounds Scenic Byway, ensuring no home in Minneapolis is far from a city park. Residents enjoy summer concerts and other traditions in this beautiful locale. The city is also home to the Minneapolis Sculpture Garden and the 17-acre Walker Art Center, considered one of the nation’s “big five” modern art museums. Today the neighborhoods of Linden Hills, Lynnhurst, and Fulton are coveted locations by buyers with access to walking and bike trails, kayaking and sailing.

minneapolis luxury homes for sale

This magnificently renovated five-bedroom home in Minneapolis‘ Lake Harriet area is a short stroll to the Lyndale Park Rose Garden, two swimming beaches, the Lake Harriet Pavilion with live music on summer nights, the Bread and Pickle restaurant at the Lake Harriet Refectory, and the Linden Hills Village.

$1,895,000 USD | Lakes Sotheby’s International Realty

Vancouver, British Columbia, Canada

Known for its greenways, Vancouver’s beautiful parks make it easy for residents to walk to the city’s most popular destinations past lush landscaping, public art, and fountains. Runners and cyclists also flock to walkable neighborhoods, such as Yaletown, Kitslilano, West Side, Downtown, False Creek, Mount Pleasant, and Commercial Drive.

vancouver luxury apartments for sale

$2,704,703 USD, $2,778,000 CAD | Sotheby’s International Realty Canada

gibson_blog

Many thanks to our guest blogger, Leslie Mann with Gibson Sotheby’s International Realty, greater Boston’s luxury real estate company with eight offices located Back Bay, two offices in the South End, the Waterfront, Charlestown, Savin Hill, Westwood and Weston.

Walk This Way: Favorite Pedestrian-Friendly Communities

Post provided by guest contributing blogger, Leslie Mann, Real Estate Professional with Gibson Sotheby’s International Realty in the Boston suburbs.

Rumor has it that the settlers of Boston suburb of Wellesley, Massachusetts were so taken with the community that they originally dubbed it Contentment. As one of the few truly walkable suburbs west of Boston, Wellesley is home to a wealth of restaurants, cafes, boutiques, and wonderful outdoor spaces. The community is sought after among those looking for high ranking public schools and an easy commute into the city.

wellesley ma real estate

On a fine spring afternoon, you’ll find families hiking along the Charles River, taking a stroll through the whimsical Wheesie’s Garden at Elm Bank Reservation, or exploring Wellesley’s Grand Tour, a spectacular 10-mile trail loop. The town green hosts many community events, including outdoor movies, summer concerts, and family fun days.

Across the U.S. and beyond home buyers can find charming communities, such as Wellesley, that are nestled in and around metropolitan areas and have a pedestrian-friendly lifestyle. Here are some of my favorites.

Seattle, Washington, USA

Seattle is undergoing many exciting development projects, including the new “waterfront for all” park that will forever link the city to Elliott Bay. The community’s varied eateries and fashionable shops are part of the reason Travel + Leisure called Seattle the #1 “hipster” city. The city is attracting young families from diverse backgrounds drawn to the area’s vibrancy and job growth. In fact, the city center population has increased nearly 25 percent in the past decade, according to the Downtown Seattle Association.

seattle luxury penthouse apartment

One sparkling example of the city’s housing offerings is this two-bedroom Seattle penthouse residence just steps from Pike Place Market. The uniquely designed residence features a custom kitchen, stunning views; a community garden, gym, and yoga studio; and 24-hour concierge service.

$1,765,000 USD / Realogics Sotheby’s International Realty

Minneapolis, Minnesota, USA

Back in the 1800?s, the visionary leaders of Minneapolis sought to preserve the natural beauty of the area’s lakes for all to enjoy. The city fortuitously purchased land joining these lakes, turning them into public parks. This led to the creation of the Grand Rounds Scenic Byway, ensuring no home in Minneapolis is far from a city park. Residents enjoy summer concerts and other traditions in this beautiful locale. The city is also home to the Minneapolis Sculpture Garden and the 17-acre Walker Art Center, considered one of the nation’s “big five” modern art museums. Today the neighborhoods of Linden Hills, Lynnhurst, and Fulton are coveted locations by buyers with access to walking and bike trails, kayaking and sailing.

minneapolis luxury homes for sale

This magnificently renovated five-bedroom home in Minneapolis‘ Lake Harriet area is a short stroll to the Lyndale Park Rose Garden, two swimming beaches, the Lake Harriet Pavilion with live music on summer nights, the Bread and Pickle restaurant at the Lake Harriet Refectory, and the Linden Hills Village.

$1,895,000 USD / Lakes Sotheby’s International Realty

Vancouver, British Columbia, Canada

Known for its greenways, Vancouver’s beautiful parks make it easy for residents to walk to the city’s most popular destinations past lush landscaping, public art, and fountains. Runners and cyclists also flock to walkable neighborhoods, such as Yaletown, Kitslilano, West Side, Downtown, False Creek, Mount Pleasant, and Commercial Drive.

vancouver luxury apartments for sale

$2,704,703 USD, $2,778,000 CAD / Sotheby’s International Realty Canada

gibson_blog

Many thanks to our guest blogger, Leslie Mann with Gibson Sotheby’s International Realty, greater Boston’s luxury real estate company with eight offices located Back Bay, two offices in the South End, the Waterfront, Charlestown, Savin Hill, Westwood and Weston.