This newly completed villa sits on the water in Grace Bay. Nestled into a unique sunset-facing sandy cove, the villa was thoughtfully designed to take full advantage of one of the most idyllic beachfront sites in the Turks and Caicos Islands.
Highlights from this week’s top news stories on luxury and global real estate, art, collectibles and home.
We wanted a place where we could really be disconnected from the pressures of daily life,” said owner, Robert Haas.
Dog-Friendly Turks and Caicos Estate Lists for $48 Million—The Wall Street Journal
The D.C. area’s 10 most pricey house listings—The Washington Post
John Legend Lists in Los Angeles for $1.995 Million—The Wall Street Journal
Home of the Day: Reginald D. Johnson’s ‘Midwood’ in Montecito—The Los Angeles Times
Pink Diamond Auction in Hong Kong Sets World Record—The New York Times
Around Frieze in London—Sotheby’s
From the Mediterranean coast to the sandy beaches of the Caribbean, this month’s collection of exceptional properties for sale highlight some of the world’s finest waterfront locales.
Price Upon Request / Monte Carlo, Monaco/ C.I.C. Immobilier Monte-Carlo Sotheby’s International Realty
Monaco—Unique and exceptional this superb duplex penthouse encompasses spectacular panoramic sea views. Located in the most exclusive and prestigious residences, the apartment is only steps from the beaches.
50.000.000 € EUR / Positano, Italy / Tuscany Sotheby’s International Realty
Italy—Located on Italy’s Amalfi Coast, this world-renowned luxury villa is uniquely situated as the largest single private resort with beach access along the entire coast. With breathtaking ocean views, the villa has direct access to crystal blue waters and sandy beaches. The epitome of luxury living in Italy, the villa has its own organic garden, which includes a variety of tomatoes, peppers, eggplant, zucchini, parsley, basil, and many other ingredients that are used by the house chef to prepare incredible, fresh home made dishes.
$45,000,000 USD / Newport, Rhode Island / Gustav White Sotheby’s International Realty
Rhode Island—This incomparable 45-acre oceanfront estate anchors the southern point of Newport’s celebrated Ocean Drive. Breathtaking vistas span from the greens at Newport Country Club, across acres of rolling lawns to the spectacular southern ocean views. Amenities include an infinity-edge pool, private water frontage, and a mooring on Price’s Neck Cove. The handsome indigenous-stone residence with open airy living provides the ultimate in quality and comfort.
27.000.000 € EUR / Cap d’Ail, France / Côte d’Azur Sotheby’s International Realty
France—Built on 3 levels, this contemporary waterfront villa offers vast rooms with majestic sea views. With superb terraces and direct access to the sea by way of a private underground gallery, this spectacular villa embraces southern France’s extraordinary lifestyle.
$35,000,000 USD / Grand Cayman Island / Cayman Islands Sotheby’s International Realty
Cayman Islands—Without doubt Castillo Caribe is one of the finest beachfront estate homes in the world offering every luxury for modern day life with all the lifestyle options one would expect from the Cayman Islands. Enjoy year round sunshine and a luxurious Caribbean lifestyle all on a private pristine white sandy beach overlooking the crystal clear waters of the Caribbean Sea.
From a sleek apartment in the heart of New York City to a medieval castle set on a vineyard in Tuscany, this month’s collection of new and notable luxury properties for sale showcase the diverse lifestyles of those who value the unique.
$50,000,000 USD / New York, New York / Sotheby’s International Realty – East Side Manhattan Brokerage
Manhattan — Located in the famed Time Warner building this one of a kind home is situated on Central Park with jet liner views of the city and Hudson River. A grand entertaining eat-in kitchen also has Park and city views.
Price Upon Request / Chianti, Italy / Tuscany Sotheby’s International Realty
Italy — Magnificent property in the heart of Chianti in a lovely private location perched atop a hill. The property, which is partly covered with vineyards, produces roughly 70,000 bottles of wine labeled “Castello di Tornano” and includes a charming medieval castle, 11 suites, 8 apartments, a private chapel and swimming pool.
$32,500,000 USD / Herzliya Pituach, Israel / Israel Sotheby’s International Realty
Israel — Located on one of Israel’s most prestigious street, this Ilan Pivco designed architectural estate is situated on a meticulously manicured and artfully landscaped dunam. This state of the art house is unmatched in its artisan details and luxurious finishes.
$32,000,000 USD / Palm Beach, Florida / Sotheby’s International Realty – Palm Beach Brokerage
Palm Beach — This impressive home boasts six principal bedrooms, nine bathrooms, two powder rooms and a privately gated beach house. The Main House includes a tennis court with balustrade gallery and a chic oval swimming pool. Inside, the exquisite millwork was imported from France and installed on site.
22.000.000 € EUR / Neuilly, Ile-De-France / Paris Ouest Sotheby’s International Realty
France — This rare and sublime private mansion features a huge reception room, family kitchen with a pantry, swimming pool and fitness room.
From a metropolitan penthouse in the heart of Manhattan to the European countryside, this month’s collection of exceptional properties for sale highlight a variety of properties that offer the ultimate in privacy and solitude.
Manhattan — Design by Tony Ingrao, this magnificent apartment has been completely renovated and redesigned. The New York City Penthouse occupies the entire floor with a private entry foyer.This penthouse features extra high ceilings throughout, elegant and dramatic entertaining space and warm and inviting private sanctuaries.
Switzerland — At the heart of the Côte, in the charming village of Gingins, this unique chateau is surrounded by 68,700 m² of grounds, offering the property incomparable privacy. This magnificent mansion dates from the 15th century and has recently been restored by the current owner.
Turks & Caicos — A combination of tide and currents make this uninhabited 560 acre private island a splendor of nature. One of the most desirable private islands in the Turks and Caicos, Dellis Cay—named for the family that inhabited the island in the 1950?s—is a few miles from the main island of Providenciales and accessible by a 20-minute boat ride.
Dominican Republic — La Goleta is a prime undeveloped parcel of land approximately 3 kilometers west of Cabarete on the north coast of the Dominican Republic. This parcel of land has been held in a family estate for nearly 100 years and is unspoiled farmland lying between the ocean to the south and the main federal highway to the north. The property is unique for the area because of the large acreage between the main road and the ocean, encompassing sufficient space for a modern, creative planned unit development.
Washington, D.C. — An architectural and historical landmark prominently sited on Dupont Circle in the heart of the capitol city, this Italianate mansion was designed in 1901 by Stanford White. In 1927, President and Mrs. Coolidge temporarily resided in the mansion as The White House underwent renovations. During that time, President Coolidge hosted Charles Lindbergh at the residence after his solo transatlantic flight.
With year-round sunshine, miles of pristine beach and crystal clear seas, the Turks and Caicos Islands are a growing Caribbean destination for North America and Europe. The Islands boast a small, but vibrant open economy that depends largely on tourism and the offshore finance industry. As a British Crown Colony, TCI is politically and socially stable making opportunity for investment strong. “The second quarter of 2012 continues to build off the momentum of 2011 and the first quarter of 2012, with all trends continuing upward,” explains Joe Zahm, President and Broker of Turks & Caicos Sotheby’s International Realty.
“In addition to this encouraging market news, institutional and private equity is finding its way back to the Turks and Caicos Islands. While prices have mostly bottomed out, and we are even seeing some value increases with select inventory, there remain some excellent values for purchasers who feel they have missed out on the price bottom. Summer sales activity and pending business remains strong in all sectors and we anticipate continued market growth through the next quarter,” says Zahm. Read the entire market report here. View Turks and Caicos Islands Real Estate on sothebysrealty.com.