Key Locations for Ultra High Net Worth Real Estate

As our global luxury real estate market continues to develop and grow, key locations have begun to stand out as hubs for the Ultra High Net Worth (UHNW). As reported in the key findings of the Wealth-X and Sotheby’s International Realty Global Luxury Residential Real Estate Report, “New York, London, Hong Kong, Singapore and Paris are the most important international hubs for UHNW residential real estate.” With Los Angeles, San Francisco, Washington D.C., Dallas and Mumbai rounding out the top ten, it’s not surprising that some of the world’s most notable and famous cities are featured here. Explore homes below in cities that show particular clustering of the UHNW.

According to the report, “New York City is one of the biggest financial hubs in the world, attracting investors and real estate developers as well as individuals who want to profit from the market and have significant business interests or personal and family ties to the city.”

NYC$82,000,000 USD | New York, New York | Sotheby’s International Realty – East Side Manhattan Brokerage

This architectural tour de force is a quintessential New York City apartment. The four-bedroom penthouse features unrivaled panoramic views of Central Park, captivating sunlight in every room, state-of-the-art design, stainless steel chef’s kitchen and a spacious library among others. A testament to both great design and exemplary craftsmanship, this in an ideal residence for refined entertaining and sophisticated living offering the ultimate New York City experience.

Key findings in the report show that London is not just, “one of the most important cities for luxury residential real estate,” but that “foreign investors view London as a ‘safe haven’ for prime property investments.”

England£12,950,000 GBP | London, England | London Sotheby’s International Realty

Abundant in elegance, this recently restored, gated estate offers a blend of modern design with enduring architecture. Tile floors, dark wood detailing, skylights, and a walk out to the exquisite west-facing garden make this home inviting and sophisticated. Just south of the Thames and London’s city center, this exquisite home is a private and inviting piece of London living.

Hong Kong has long been known as one of the main financial hubs in Asia. With an ever-increasing population, it is not surprising that the price of luxury residences per square foot has remained both high and relatively stable,” according to the report.

HongKong$350,000,000 HKD | Hong Kong | Hong Kong Sotheby’s International Realty

This gated residence is located within the serene setting of a tranquil, private park. Two guarded entrances and driveways lead towards this grand, colonial-inspired estate, envisioned in a fascinating balance between western and eastern culture. Situated in the New Territories near the Chinese border, it offers easy access to the special economic region of Shenzhen, the Fanling Golf Club and is only a short drive away from Central Hong Kong. Offering an abundance of space and privacy, the main house features floor-to-ceiling, sparkling, crystal cut windows with exotic wooden frames, marble flooring, floor mosaics, and wrought iron balustrades throughout.

In the report, Alexander Kraft, Chairman & CEO of Sotheby’s International Realty France – Monaco, states, “Paris continues to be one of the world’s most sought after destinations for international buyers. However, in comparison with other global hubs such as London, Hong Kong, or New York, Paris remains surprisingly affordable and currently offers plenty of opportunities at highly interesting prices.”

Paris8.400.000 € EUR | Paris, France | Propriétés Parisiennes Sotheby’s International Realty

An entirely renovated 18th century townhouse in the center of Paris, this home offers an unrivaled blend of modern amenities and classic design. Enjoy your favorite films in the comfort of the outfitted home theater or a glass of your favorite vintage from the select doublewide wine cellar. This three-floor, six-bedroom townhouse is a taste of private comfort in one of the world’s most beloved cities.

Explore our in-depth report with Wealth-X and discover more  luxury real estate findings >

The Patterson Mansion in Washington, DC / Video House Tour

This superb Italianate mansion, the only survivor of the many mansions that once ringed Dupont Circle itself, was built in 1901 by New York architect Stanford White for Robert Patterson, editor of the Chicago Tribune, and his wife Nellie Patterson, heiress to the Chicago Tribune fortune. It was built by Nellie Patterson, daughter of the Chicago Tribune owner, in 1901, when Dupont Circle was the hot new neighborhood for the nouveau riche, many of them also from Chicago. The grand Beaux-Arts edifice was inspired by the “White City” of the Chicago World’s Fair. “It was meant to entertain, and for Nellie Patterson to show off her wealth,” says historian Amanda Smith, author of “Cissy Patterson: Newspaper Titan.”

Washington, DC / TTR Sotheby’s International Realty

New and Notable Luxury Properties for Sale / November 2013

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.

luxury real estate monaco

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.

almalfi coast italy villas for sale

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.

newport ri waterfront homes for sale

$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.

franch riviera waterfront villas for sale

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.

grand cayman mansions for sale

$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.

Newly Listed Luxury Properties for Sale >

New and Notable Luxury Homes for Sale / October 2013

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.

luxury modern kitchen manhattan

$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.

vineyard for sale in Chianti Italy

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.

luxury real estate Israel

$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.

luxury homes for sale palm beach florida

$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.

luxury country homes for sale france

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.

Newly Listed Luxury Homes for Sale >

4 Classic Georgian Style Houses To Call Your Own

Stately and elegant, Georgian-style homes are regal without being flamboyant like early European architecture styles such as Baroque and Gothic. The Georgian style dates back to the 18th century during the reign of  King George I in Britain and continued through the American Revolution. This classic style of homes are prevalent along the east coast of the United States from Maine to the southern states and continue to be a popular architectural style today.

Here are four examples of current homes for sale that epitomize the Georgian architecture style.

Larchmont Mansions for Sale

$16,200,000 USD / Larchmont, New York / Julia B. Fee Sotheby’s International Realty

Westchester County, New York — Built in 1900, this magnificent Georgian Colonial estate is situated on 3.36 acres along the picturesque Larchmont Harbor.  The luxurious 7 bedroom, 6.3 bathroom residence perfectly mix traditional sophistication with a relaxed and elegant style and include numerous hand-crafted details including built-in cabinetry, beautiful millwork, wainscoting, and substantial dentil, colonial and hand-carved crown moldings vary from room to room.

Greenwich Mansions for Sale Georgian Style Architecture

$14,950,000 USD / Greenwich, Connecticut / Sotheby’s International Realty – Greenwich Brokerage

Greenwich, Connecticut — With the most beautiful manors as design inspiration, this impeccable estate offers architecturally stunning, grandly scaled spaces with light-filled interiors and museum quality finishes. Built in 2001, it has been maintained to mint condition with intricate millwork, exotic hardwoods, imported fabrics, and hand chosen European fixtures.

georgian style homes for sale new york

$10,900,000 USD / Scarborough, New York / Hudson Homes Sotheby’s International Realty

Westchester County, New York — Rabbit Hill is a majestic 1928 estate designed by Mott Schmidt and is one of the last masters of American Georgian architecture. Schmidt’s works include New York City’s Gracie Mansion, Sutton Place and selected commissions for the Rockefeller family. Rabbit Hill is magnificently situated on 16 acres with sweeping Hudson River views which have inspired artists for centuries.

luxury townhouse for sale Washington DC

$9,995,000 USD / Washington, DC / TTR Sotheby’s International Realty

Washington, D.C. — This historic 1911 mansion built by noted architect Clark Waggaman with unparalleled workmanship and detail. Twenty-first century systems merge seamlessly with exquisite historic, period details which are found throughout and include original plaster moldings, imported 19th c. French lantern chandeliers, 18th c. iron fireback backsplash in the kitchen, 19 c. wide plank oak floors, 18th c. French terracotta tile and a 19th c. French limestone fireplace.

Search Georgian Style Homes for Sale >

New & Notable Luxury Properties for Sale / July 2013

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.

New York City Penthouse

$75,000,000 USD / New York, New York / Sotheby’s International Realty- East Side Manhattan Brokerage

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 real estate

Price Upon Request / Gingins, Switzerland / de Rham Sotheby’s International Realty

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 And Caicos Islands private island

$45,000,000 USD / Dellis Cay, Turks And Caicos Islands / Turks And Caicos Sotheby’s International Realty

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 Real Estate

$27,600,000 USD / Cabarete, Dominican Republic / Cabarete Dominican Republic Sotheby’s International Realty

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 DC real estate

$26,000,000 USD / Washington, District Of Columbia / TTR Sotheby’s International Realty

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.

Newly Listed Luxury Properties for Sale >

Royal Baby / Kid Rooms and Nurseries Fit for a Little Prince or Princess

As Prince William and Duchess Kate welcome their royal bundle to the world, we’ve gathered a collection of kids rooms and baby nurseries fit for any little Prince or Princess.

Dallas luxury homes for sale

$3,595,000 USD / Dallas, Texas, USA / Briggs Freeman Sotheby’s International Realty

Dallas, Texas ? This stunning family-friendly luxury home in Dallas has exquisite formal accents, a large family room, four bedrooms each with their own bath, a playroom and an award winning pool and outdoor living area.

modern nursery decoration ideas

$2,995,000 USD / Washington, DC / TTR Sotheby’s International Realty

Washington, DC ? Designed by Interior Designer Barry Dixon, this 19th century Victorian property strikes a flawless balance between a piece of art and a comfortable family home perfect for daily living and entertaining. Take a tour inside this elegant home and see an exclusive interview with Dixon.

Park City Utah Homes for Sale

$3,300,000 USD / Park City, Utah, USA / Summit Sotheby’s International Realty

Park City, Utah ? Completely remodeled, this stunning modern family home is perfectly situated on one of the most private lots in all of Park City. With seven bedrooms, six bath rooms and a large great room which overlooks the manicured yard and adjacent aspen forest, this luxury Park City home is an entertainers dream. The lower level is complete with a large family room, a full kitchen, a bunk room and guest room each with an en suite bath.

royal baby nursery ideas

$1,450,000 USD / Atlanta, Georgia, USA / Atlanta Fine Homes Sotheby’s International Realty

Atlanta, Georgia ? Located on 2+ private acres, this European-inspired Atlanta home is open and light filled, with a new kitchen featuring Sub-Zero and Viking appliances, a private backyard oasis with a saltwater pool, fully finished terrace with second kitchen, media room and indoor soccer court.

Dallas luxury real estate

$1,895,000 USD / Dallas, Texas, USA / Briggs Freeman Sotheby’s International Realty

Dallas, Texas ? Classic charm with sophisticated finishes in this elegant family home nestled in peaceful neighborhood. The entryway is lined with hydrangeas greeting homeowners with elegance and grace as they enter into the Dallas home. The clean lines and natural paint palette throughout the house is tastefully done in a perfect floor plan that is ideal for entertaining or a quiet night in.

Luxury Real Estate Headlines: Last Week in May 2013

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

A-rod sells miami mansion

A-Rod Sells Miami Mansion for $30 MillionSotheby’s International Realty

Mayi de la Vega and Arlene Susy Dunand of ONE Sotheby’s International Realty – South Florida’s real estate firm that dominates the ultra luxury home market – today announced that they represented baseball icon Alex Rodriguez in the sale of his $30 million estate.

What Can $8 Million Buy You? 6 Bedrooms, 1 Golf BarnWashingtonian

SF high-rise condo has spacious floor plan, city views and hotel amenitiesSan Francisco Chronical

Silicon Valley historic home includes a secret roomNBC News

Malta Bene! Luxury house prices that can’t be beatenThe Telegraph

10 big, booming [US] citiesCNN Money

Suburbs Show New Life With Sunbelt Growth After Housing CrashBloomberg

Realogy picks 15 companies as finalists for innovation summitInman News

Sotheby’s to offer a first edition of The Great

Barry Dixon Designed Home on Captiol Hill / House Tour

Impeccably designed, this 19th century Victorian property strikes a flawless balance between a designer piece of art and a comfortable yet elegant family home perfect for daily living and entertaining.

Click to watch a video tour of the home and exclusive interview with the designer, Barry Dixon.

luxury homes washington dc capitol hill

Located in one of the most beautiful and prestigious neighborhoods in Washington D.C., there are five bedrooms and 3 ½ baths in the main residence, and an additional kitchen, bedroom and bath in the luxurious Carriage House. The home was built in 1885 by architect Leon E. Dessez, who also designed the official residence for the vice president at the United States Naval Observatory. In 2009, the Victorian-style residence went through an exhaustive renovation under the supervision of renowned interior designer and author, Barry Dixon.

With thoughtful echoes from the past, modern fixtures and sumptuous color, the home has been widely acclaimed in shelter publications. In fact, when the living room appeared on the cover of House Beautiful in September 2011, it became the magazine’s best selling issue in 20 years.

barry dixon dining room

“I love [pink and brown] together—it’s both masculine and feminine,” said Dixon in a 2011 interview with House Beautiful. “They set each other off. The [home]owners are a young couple, and she loves pink. Kids like the color, too.”

orange designer kitchen

Though the eco-friendly, contemporary kitchen was designed for a serious chef, it is practical enough for everyday living. The open layout features an enormous center island with bar and appliances from Sub-Zero, Gaggenau, Miele and Bosch. The kitchen connects seamlessly to the family room — united by refreshing, bright colors.

luxury houses washington dc

Upstairs, the master suite redefines the word “retreat” with built-in bookshelves and a large bay window. Flax curtains that Dixon selected create privacy when drawn, as they cocoon the bedroom and hide all the books. The luminescent master bathroom glows with Ralph Lauren Regent Metallic Paint in Ambassador Sterling.

chidrens rooms designs

With ample space for children and guests, the home has an additional four bedrooms and a vibrant second family room with fireplace. In addition, the renovated one-bedroom carriage house is perfect for staff or guests and is charming in every way.

This very special Capitol Hill home is currently listed for sale with Richard Seaton and Claudia Donovan of TTR Sotheby’s International Realty. Click here to request more information.

Washington DC: A Unique Energy

From the pages of RESIDE®: Luxury Homes and Lifestyles Around the World, Fall 2012 Northeast Edition

If power is an aphrodisiac for politicians, then election years have a way of stimulating Washington D.C. with a certain kind of, shall we say, contact buzz. In less animated times a cool awareness of the widespread striving and shifts of persuasion wafts over the city; in even-numbered years that sense can amplify into a high-frequency pitch.

“One of the really interesting parts of being in this city is the political power and influence that is here,” says Michael Rankin, Founder and Managing Partner for TTR Sotheby’s International Realty in Washington D.C. “What happens in Washington often decides the direction of the country, and as a result of that there’s a really unique energy to the city.”

In another city that energy might turn dark, the motivations behind it seem more craven. But Washington masters it, and the energy is buoyant and carried off with élan and a sense of sport. That’s possible partly because of the city itself, but also because of a sincere sense of conscience and giving.

Compared to other major East Coast metropolises where skyscrapers and monoliths dwarf pedestrian life, Washington D.C. feels like a city built on a human scale. An ordinance first passed in 1899 capped the maximum height of new residential and commercial buildings, which today stands at roughly 12 stories. This ensures nothing impedes views of the downtown monuments while at the same time bringing nearly all the city’s structures down to a more intimate level on the street. And with its civic plan of wide avenues, open spaces and roundabouts—designed by Frenchman Pierre Charles L’Enfant—and its best known buildings modeled on Greek and Roman architectural styles, Washington feels in many ways more European than American.

Rankin also points out another humanizing element to Washington, the city’s sense of generosity. “The Chronicle of Philanthropy just released figures that rank Washington as the 4th most generous community in America for giving,” he says. “In the metro area, over $4.3 billion was donated to philanthropic causes. This level of giving demonstrates that Washingtonians are committed to reinvesting in the community.”

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Content provided by Derek Duncan exclusively for Sotheby’s International Realty®.