New & Notable Luxury Properties For Sale | June 2017

From the childhood home of Jacqueline Kennedy Onassis in McLean, Virginia, to 800 acres of untouched natural beauty in Fiji, this month’s collection of exceptional properties for sale features some of the world’s finest locales.

Virginia$49,500,000 USD | McLean, Virginia | TTR Sotheby’s International Realty

Since 1919, Merrywood has graced the banks of the Potomac River in prestigious McLean, Virginia. Renowned as the finest private estate in the Washington, DC region, Merrywood reflects a storied history, serving as home to several of America’s most influential political and business leaders. As the childhood home of Jacqueline Kennedy Onassis, Merrywood was elevated to a position of prominence in the mid-1940s and has since continued to provide a celebrated venue to host presidents, business leaders, artists, and countless family events.

BrazilR$ 70.000.000 BRL | Sao Paulo, Brazil | Bossa Nova Sotheby’s International Realty

This splendid triplex penthouse calls the exclusive Parque Cidade Jardim condominium, the first high-standard mixed-use project of São Paulo City, with exclusive access to Cidade Jardim Shopping Mall and SPA Amarynthe home. The residence is the result of the combination of two penthouses and has a private elevator, an entrance and social hall in black and white Palladium marble, a double height ceiling and access to the main living area and the office.

Italy15.000.000 € EUR | Florence, Italy | Italy Sotheby’s International Realty

Located in the most prestigious hills of the city of Florence near Forte Belvedere, the villa, situated at the highest point of Costa San Giorgio enjoys an unrivaled view of the historic center of Florence from all its windows. The property is on two levels with a total area of 60- square-meters and is composed of a raised main floor, entrance, living room with fireplace, main dining room with fireplace, pantry, large kitchen with ample cooking space, apartment for the house staff with kitchen, bedroom and bathroom, and finally the master bedroom with bathroom.

New York$19,000,000 USD | New York, New York | Sotheby’s International Realty – East Side Manhattan Brokerage

The crowning jewel of the illustrious Hotel Des Artistes is a penthouse featuring a 55-foot, double-height studio. This extraordinary residence represents a unique marriage of two exceptional 20th century architectural styles. Designed by late architectural icon, Ettore Sottsass, the apartment was last available 30 years ago. Developed by Walter Russell, a self-taught painter, sculptor, musician and educator, as an artist’s cooperative apartment in 1917, the 18-story (nine floors with nine mezzanine levels) prewar residential coop was designed by George M. Pollard.

FijiPrice Upon Request | Koro Island, Fiji | New Zealand Sotheby’s International Realty

Matana Plantation comprises over 800 freehold acres of lush, tropical landscape and four miles of white sand beach on the north-western side of Koru Island located off the east coast of the main island of Viti Levu. Koro Island was praised by Captain William Bligh (of Mutiny on the Bounty fame) as a, “place of beauty so great, that nothing can exceed it.” While the terrain is pure, untouched paradise, the pristine waters beyond offer incredible visibility of the white sand below, a mosaic of marine life, and world-class diving and snorkeling.

Discover New & Notable homes from around the world on sothebysrealty.com

Jacqueline Kennedy’s Historic Childhood Home in Virginia Listed for $49.5 Million

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One of the most beloved First Ladies and iconic historic figures, Jacqueline Kennedy Onassis’ childhood home is for sale in McLean, Virginia for $49.5 million.

Recently reported by The Wall Street Journal, America Online (AOL) co-founder Steve Case is listing Merrywood – the sprawling, seven-acre estate on the Potomac River with TTR Sotheby’s International Realty. Nestled in the Washington DC suburb, the estate reflects a storied history, serving as home to several of America’s most influential political and business leaders.

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As the childhood home of Jacqueline Kennedy Onassis, Merrywood was elevated to a position of prominence in the mid-1940s and has since continued to provide a celebrated venue to host presidents, business leaders, artists, and countless family celebrations.

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The exceptional brick and limestone main residence reflects the finest traditions of the Georgian Style. Inside, a gracious entry hall opens to public rooms scaled to accommodate both large gatherings and intimate family occasions. The interiors are the bespoke masterwork of renowned designer, Barry Dixon.

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The second-floor family quarters include an expansive master suite with his or her dressing rooms, a private study and an exercise room.

“I always love it so at Merrywood—so peaceful…with the river and those great steep hills,” – Jacqueline Kennedy Onassis (1944)

“I always love it so at Merrywood—so peaceful…with the river and those great steep hills,” – Jacqueline Kennedy Onassis (1944)

Four additional en-suite bedrooms grace this level. Upstairs, four bedrooms and three baths are comfortably scaled. On the lower level, there is an exceptionally fine, climate controlled wine cellar. An elevator services all four levels of the residence.

“I always love it so at Merrywood—so peaceful…with the river and those great steep hills,” – Jacqueline Kennedy Onassis (1944)

Outside, the formal gardens are reminiscent of the timeless work of celebrated 19th and 20th Century landscape architect, Beatrix Ferrand, reflecting a series of outdoor garden rooms for large scale entertaining, intimate al fresco dining, or simply relaxing and engaging the sweeping views.

Discover more of Merrywood on sothebysrealty.com

Luxury Real Estate Headlines: Third Week in June 2017

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

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$49,500,000 USD | McLean, Virginia | TTR Sotheby’s International Realty

“Located on the banks of the Potomac River, the 7 acre estate is about 8 miles from downtown Washington. Its Georgian-style house measures about 23,000 square feet with nine bedrooms”

AOL’s Steve Case Lists Historic Merrywood Estate for $49.5 Million – Wall Street Journal

A Seaside Nantucket Compound Moonlights as the Perfect Summer Getaway – Mansion Global

Five Homes for Tree Lovers – Financial Times

8 of the Most Expensive Properties for Sale in Bermuda – Boat International

Homes Where You Can While Away the Hours – Wall Street Journal

A Penthouse on Lake Como with a Musical History – Mansion Global

NYC’s Delightful ‘Pumpkin House’ is Back for $4.25M – Curbed

For Sale: 6 Stunning Single-Story Homes – The Week

18 of the Oldest Homes in America for Sale – Architectural Digest

A New York Townhouse, Typewriter Included – Wall Street Journal

House Hunting in… Luxembourg – The New York Times

A Home for Literature in Prague – Financial Times

Milan’s Brera Neighborhood is Artsy Cool – and Upmarket, Too – Mansion Global

The Art of Living With and Within Art – T Brand Studio

10 Vineyard Homes You Can Actually Move Into – Elle Decor

Andy Warhol’s First Self-Portrait is on the Auction Block – Architectural Digest

Luxury Real Estate Headlines: First Week in May 2017

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

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$56,000,000 USD | Upper West Side, New York, New York | Sotheby’s International Realty – East Side Manhattan Brokerage

“Measuring about 5,400 square feet, the four-bedroom condo is on the 16th and 17th floors and overlooks Central Park”

Sting Lists Manhattan Penthouse Duplex for $56 Million – Wall Street Journal

Five Properties with a Sense of Space at the Heart of the City – Financial Times

For Sale: 5 Jaw-Dropping Wisconsin Homes – The Week

Global Affluence: The Emerging Luxury Consumer – Sotheby’s International Realty

At €20 Million, Beach Villa Among the Most Expensive Properties in Greece – Mansion Global

Del Rey Home’s Reinvention Sets a Traditional Tone – Los Angeles Times

For Sale: 6 Luxurious Homes in Richmond, Virginia – The Week

The Iconoclastic Homes of Top Artists – Wall Street Journal

Tel Aviv’s Rothschild Neighborhood is Upmarket, Bustling and Near the Beach – Mansion Global

Is Florence’s Housing Market Poised for a Renaissance? – Financial Times

Croton-on-Hudson, N.Y.: A Magnet for the Eclectic – The New York Times

10 Vineyard Homes You Can Actually Move Into – Elle Decor

Sotheby’s Opening Extends Appetite for Diamonds in Dubai – Vision

The Great Outdoors | National Park Neighbors

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There is a delight in the hardy life of the open. There are no words that can tell the hidden spirit of the wilderness that can reveal its mystery, its melancholy and its charm.
~ Teddy Roosevelt, President of the United States

From coast to coast, the United States is home to 58 national parks; preserved and protected, these sacred lands showcase the varied natural beauty available throughout the country. Our last installment of the Great Outdoors takes us to homes in four of these treasured places; from east to west let’s visit Acadia, Shenandoah, Grand Teton, and Pinnacles National Park in search for nature’s finest.

Maine$1,200,000 USD | Bar Harbor, Maine | The Swan Agency Sotheby’s International Realty

Completely renovated in 2014, Bogue Chitto was the site of The Swan Agency Sotheby’s International Realty and Maine Home + Design Magazine’s 2014 Designer Showhouse. The remaining shorefront and interior lots are being developed with new homes. All residents of Bogue Chitto enjoy rights to the dock and oceanfront deck area. Located directly across the road from the entrance to Acadia National Park, the location of Bogue Chitto is ideally situated for access to all of the areas most coveted spots.

Virginia$1,699,000 USD | Huntly, Virginia | Hunt Country Sotheby’s International Realty

Holland Hill harmonizes one’s living environment with nature. Expansive views as far as the eye can see are enjoyed from all directions. This 25-acre property is nestled in the foothills of the Shenandoah National Park in the verdant county of Rappahannock, Virginia. The Appalachian Trail, mountain stream fishing and local vineyards are some of the area’s most noteworthy escapes. Professionally designed and constructed in 2008 with efficiency and a low environmental footprint in mind, this geo-thermal house shares a strong bond with its environment.

National parks and reserves are an integral aspect of intelligent use of natural resources. It is the course of wisdom to set aside an ample portion of our natural resources as national parks and reserves, thus ensuring that future generations may know the majesty of the earth as we know it today.
~ John F. Kennedy, President of the United States

Wyoming$2,495,000 USD | Jackson, Wyoming | Jackson Hole Sotheby’s International Realty

This 4,850-square-foot home is in the heart of Grand Teton National Park; looking directly at the Tetons from this over three-acre parcel, hike, bike, or fish in the park with this elegant home as your starting point. The home includes a kitchen for the gourmet cook and entertaining, a separate office/study, an exercise room and a sitting room off the master bedroom. The very well thought out floor plan captures the expansive views of the Grand and Teton Range as well as surrounding mountains.

California$1,495,000 USD | Soledad, California | Home & Ranch Sotheby’s International Realty

Experience the sprawling views of the Salinas Valley and West Pinnacles National Park from this private 160-acre ranch in the Gabilan Mountain Range. The unique estate boasts active production of ultra-premium Chalone AVA Pinot Noir and Cabernet Sauvignon grapes, onsite ATV trails, and Pinnacles National Park trail access. The exceptional residence is meticulously designed with high-end finishes, open floor plan, stone wine cellar, lap pool, and floor-to-ceiling windows that take in picturesque views from every room.

Don’t miss the rest of our Great Outdoors Series

Video of the Week: Serene Craftsmen Style Home in Yorktown, Virginia

$1,499,900 USD | Yorktown, Virginia | Atlantic Sotheby’s International Realty

Enjoy ospreys, eagles, and nature up close with wide Poquoson River water views along the nearly three-acre property. Featuring a living shoreline with stone waterfront and private beach, Chesapeake Watch is in a seven-home private community with a deep water access dock and eight boat slips all surrounded by 14 acres of community common space. Live in tranquility, yet be only minutes away from shopping and the nearby airport.

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Luxury Real Estate Headlines: First Week in November 2016

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

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10 800 000$ CAD | Ontario, Canada | Sotheby’s International Realty Canada

“Even the most die-hard city slicker might have a hard time resisting the urge to hightail it to Canada’s 11-acre Bass Island after seeing this architecturally impressive waterfront home located on Ontario’s peaceful Lake Muskoka.”

A Luxurious Waterfront Retreat on Ontario’s Peaceful Lake Muskoka – Mansion Global

Watefront Home on Miami’s Star Island Asks $65 Million – Wall Street Journal

Five Properties for Mountain Living – Financial Times

Sotheby’s International Realty Brand Expands Presence in Washington State – Sotheby’s International Realty

Tinder CEO Sean Rad Sells Wilshire Corridor Penthouse for $7.75 Million – Los Angeles Times

Island Fantasies Heat Up Among Luxury Property Buyers – Mansion Global

An Artist’s Studio Grows into a House – Wall Street Journal

House Hunting in… the United States Virgin Islands – The New York Times

Sotheby’s International Realty Brand Enters St. Vincent & the Grenadines – Sotheby’s International Realty

The Place Capote, Carson and Cronkite Called Home – Wall Street Journal

Bronxville: Picture-Perfect Homes, Hard-to-Beat Commute to Manhattan – Mansion Global

For Sale: 7 Beautiful Waterfront Homes in Virginia – The Week

Home of the Day: Classic Curb Appeal in Silver Lake – Los Angeles Times

Six Courtyards with Classic Appeal – Architectural Digest

10 Modern Homes that Get Luxe Mountain Living Right – Elle Decor

Toronto’s Home Sales and Prices Soared Double Digits in October – Mansion Global

Sotheby’s Plans Auction of Alexander Hamilton Memorabilia – Playbill

Art & Home | Arrive in Style

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The latest volume of Art & Home is here! This month, Iyna Bort Caruso welcomes you through some of the most captivating home entrances from around the world.

Fine design is about the creation of memorable spaces, and when it comes to entrances, architects have one shot to get it right.

virginia$2,695,000 USD | Henrico, Virginia | The Steele Group Sotheby’s International Realty

 “An entrance is the starting point from which everything begins to unfold,” says Chris Whitehead, managing director of Gulf Sotheby’s International Realty in Dubai. It “dictates the way the property talks to visitors,” he adds. “The feeling generated in the entrance echoes throughout the house.”

dubaiPrice Upon Request | Emirates Hills, Dubai | Gulf Sotheby’s International Realty

The power of that initial perception can feel like the difference between a welcome mat and a red carpet arrival. 

Entrance halls convey the character and attitude of a residence and the people who live in it.  They can exude boldness, quietude, history, hospitality, strength or drama. They are also portals with mood-altering capacity to affect one’s outlook and signal a sense of anticipation by offering a hint of what’s to come. 

colorado$8,999,000 USD | Sedalia, Colorado | LIV Sotheby’s International Realty

“When someone opens the door and walks into a space that is inspirational, has great proportion and incorporates beautiful materials, you don’t know why you love it but those are the elements you savor,” says Nancy Ruddy, co-founder and managing principal of the architectural firm CetraRuddy in New York and a 2015 inductee into the Interior Design Hall of Fame. “Those are the things that make a space memorable.” 

southhampton$39,500,000 USD | Southampton, New York | Sotheby’s International Realty – South Hampton Brokerage

A grand entrance is more than a matter of soaring ceilings. Today’s foyers are warmer, more nurturing and embracing with a greater interplay of natural materials like stone and wood. Art is more prominent, too. The entrance of one of Whitehead’s most memorable estate listings features sculptures set in an infinity edge reflecting pool. 

new-york$3,395,000 USD | West Harrison, New York | Julia B. Fee Sotheby’s International Realty

Ruddy frequently incorporates her clients’ art in entryways calling them ideal spaces to showcase an art collection and project one’s personality. “As one client told us, ‘I never tire of coming into my home. There’s something amazing when you open the door.’ That’s what we call poetry.”

Article provided by Iyna Bort Caruso exclusively for Art & Home

Discover more in October’s issue of ART & HOME

Architectural Spotlight | Classic Georgian Homes

One of the most persistent and well-liked styles in the United States, Georgian-style homes can actually be found all over the world. With ties to historic English architect, Sir Christopher Wren, Georgian homes are applauded for the use of symmetry, decorative design elements and classic proportions in their construction. Let’s explore a few exclusive Georgian homes from around the world.

virginia$12,800,000 USD | Crozet, Virginia | Frank Hardy Sotheby’s International Realty

With dramatic views of the Blue Ridge Mountains, this extraordinary country estate in the heart of Central Virginia offers 870 acres of flawless natural beauty. The brick Georgian main residence has 10,797-square-feet of elegant living space generously spread over 20 rooms, all thoughtfully arranged on four floors. A heated indoor pool area offers year-round enjoyment and a large fireplace. The main residence is complemented by a collection of guest and staff properties which include a renovated 4,754-square-foot, four-bedroom farm manager’s home, frame house, farmer’s house, tenant house, and cottage on the hill. Mount Air is an operating farm that is well suited for livestock, equestrian, vineyards and ecotourism.

south-africaR 32 000 000 ZAR | Guateng, South Africa | Lew Geffen Sotheby’s International Realty

This modern Georgian home is a perfect symmetry of proportions with double volumes and an exquisite array of top quality finishes throughout. Five spacious reception areas including a formal lounge, family room, dining room that opens to an enormous patio, pool and manicured, low-maintenance garden are among this residence’s offerings.

connecticut$29,500,000 USD | Greenwich, Connecticut | Sotheby’s International Realty – Greenwich Brokerage

Set on over five-acres, this magnificent stone Georgian resides on coveted Clapboard Ride Road, in Greenwich. Architectural details and tasteful refinements suggest Pre-war substance and quality, while the house features modern amenities spread out over four floors. The property features an elegant living room with two fireplaces, paneled library, formal dining room and family room with vaulted ceilings and a stone fireplace.

canada6 300 000 $ CAD | Toronto, Canada | Sotheby’s International Realty Canada

Encompassing nearly 5,400-square-feet of living space, this gracious Georgian home speaks of refined family living. Sophisticated living and dining rooms can be found on the first floor, while six-bedrooms, paneled library and office are upstairs. The home also features an urban garden and covered stone terrace on the grounds.

Discover more Georgian homes on sothebysrealty.com

Luxury Lifestyles | Living History

When considering exquisite luxury goods—paintings, sculpture, even fabrics, furniture and wine—we think of personal, highly curated items that make our living spaces distinctive and enhance the ambient experience of a particular home. In some cases, however, the home itself is the oeuvre d’art.

In the art world, older isn’t always better, but revered older works do carry additional prominence, specifically the prestige of age and history that newer art hopes to acquire with time. Similarly, as beautiful homes and estates begin to acquire the patina that only decades or even centuries can bring, they take on an unmatched nobility and grandeur.

There’s a certain class of buyer and homeowner—patrons, if you will—that places a premium on properties graced by time. To them, living in a historic residence is akin to living within a famous piece of art.

Italy1.300.000 € EUR | Como, Italy | Italy Sotheby’s International Realty

“Owning a property that stands out as a landmark or a testimony to a glorious past is like owning a unique piece of history,” says Diletta Carutti, of Italy Sotheby’s International Realty.

“Historic,” of course, means something different in each part of the world. The European sense of history stretches deep—enthusiasts shopping in Florence or Rome, for instance, will encounter residences that date to the Renaissance or Baroque, vividly reflecting the décor and ornamentation of those periods. In the U.S., it might mean a colonial-era farmhouse in New England or one of the famed “cottages” of Newport.

Rhode Island$2,995,000 USD | Newport, Rhode Island | Gustave White Sotheby’s International Realty

“I like to point out who was president at the time the house was new,” says Russell Firestone, of TTR Sotheby’s International Realty in Washington D.C. “For clients, that really puts in perspective how old a property is, that John Adams or Thomas Jefferson was president when this house was built.”

WashingtonDC$2,500,000 USD | Washington, D.C. | TTR Sotheby’s International Realty

Firestone says what buyers are truly looking for in older homes is character, and in particular preserved character—the house must innately reflect the time and conditions amid which it was conceived. Houses must have a strong street presence and great façade as well as specific period interior features: traditional floor plans with high ceilings; formal living rooms with entrance halls; double parlors with fireplaces; original trim work and molding; staircases with handcrafted balusters, banisters and original treads; and perhaps most important, original wide-plank flooring.

Still, as much as owners embrace the way these homes offer glimpses into previous and more elegant eras, the archeological pride only goes so far. In fact, it typically stops at the kitchen and bathrooms.

Virginia$3,500,000 USD | Alexandria, Virginia | TTR Sotheby’s International Realty

American estate homes from the 18th and 19th century prioritized entertainment—hence the ornate and spacious public areas—but the bathrooms were usually rudimentary and the kitchens, designed for staff, small. As lifestyles have evolved these outdated spaces are no longer considered historically important (or desirable, or practical), and today it’s perfectly acceptable for vintage homes to feature fully remodeled and updated “private” spaces.

“You want to walk through the great history and character of the interior, the foyer, the dining rooms, the living room and hallways, and then after that buyers want to walk into a new kitchen and new bathrooms,” Firestone says.

Owning a famous or historic estate does bring with it a level of prestige, and that’s another part of the attraction. “There’s a social status associated with owning certain ancient properties,” says Diletta Carutti in Italy. “A lot of buyers we see are personalities in the public spotlight and they want to be able to say, ‘We own that.’”

FlorencePrice Upon Request | Florence, Italy | Italy Sotheby’s International Realty

It also brings with it important maintenance and preservation responsibilities.

American homes in this category often reside in historic districts with strict guidelines for improvements, often based on standards developed by the National Park Service, including what materials can be used during renovations and limitations on what can be altered. These factors not only inoculate historical residences from changing trends (something sorely lacking in the 1950’s, 60’s and 70’s) but also help uphold property values. Most European countries also have in place similar regulatory agencies to protect old and ancient structures.

Preserving historic homes is not for the timid. It’s a fact of ownership that, simply due to the age of these buildings, there will be issue to be addressed and remedied. Cracked or uneven foundations due to settlement, malfunctioning doors and windows, water damage, brick deterioration and warped or slanted floors are inevitable over a lifetime of hundreds of years. Owners must have a passion for conservation.

But those who undertake this level of ownership usually do appreciate and embrace it. Firestone recalls one client so determined to take his home back to its original state he had every plank of flooring removed and re-planed to repair water damage before being meticulously reinstalled. That’s not just dedication, but love.

Article provided exclusively to Sotheby’s International Realty, LLC. by Derek Duncan.

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