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Luxury Real Estate Headlines: First Week in February 2018

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

€8.500.000 EUR | Provence-Alpes-Côte d’Azur, France | Côte d’Azur Sotheby’s International Realty

“The recently renovated waterfront property is a portrait of angles and curves, with a handful of outdoor terraces and balconies jutting out from the crisp white façade. Spread across 2,690 square feet, the Art-Deco villa features five spacious bedrooms and five full baths.”

Waterfront White House on the Côte d’Azur Hits the Market for Over $10 Million – Robb Report

A Hamptons House Restored – Wall Street Journal

Hot Properties: Five Homes with Fabulous Fireplaces – Financial Times

An Amenity-Rich Aspen Ranch with Acres of Scenic Land – Mansion Global

Villa with a View: A Perfect Yachtie Hideaway in the San Juan Islands – Boat International

For Sale: 6 Lovely Duplex Properties – The Week

An 18th Century Converted Villa in Italy with its Own Wine Lab – Mansion Global

Ali Wentworth and George Stephanopoulos List Their Southampton Estate for $6M – Curbed

8 Incredible Homes in Hawaii to Add to Your Real Estate Wish List – Coastal Living

Bask in the Romance of These 5 Italian Villas – Robb Report

Peek at the Amenity spaces in Nomad’s Opulent 212 Fifth Avenue – Curbed

Rob Reiner’s Former Home in Beverly Hills Brings in $3.925 Million – Los Angeles Times

Aspen Property: What to Buy, Where to Buy it, in the St. Moritz of the Rockies – Country Life

Busch Heir Hermann and Wife Buy Estate Section House for $11.3 Million – Palm Beach Daily News

These Were the Most Expensive Homes Sold in La Canada Flintridge Last Year – Los Angeles Times

The Coolest Eco-Friendly Homes on the Market Right Now – Elle Decor

Rare Picasso Painting Expected to Fetch US$50 Million Makes Debut in Hong Kong Ahead of Auction – Straits Times


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The Best of Island Living

Turquoise waters, breezy sea air, sun soaked beaches and lush greenery are part and parcel for the idyllic island jaunt, but there are tropical escapes, and then there are tropical escapes.

Once you decide to own a slice of paradise, the details of island living become that much more nuanced. It becomes about sun and shade cycles, open-air living, a welcome dose of privacy, and views whenever possible. Warm wood adds a beach-hut feel, sweeping white walls offset pops of topical color, and washed stones evoke nearby shorelines. Couple those trappings of good taste with resort-like amenities and you may never leave the island.

Castillo Caribe, Grand Cayman

$39,950,000 USD | Grand Cayman, Cayman Islands | Cayman Islands Sotheby’s International Realty

The Caribbean’s year-round sunshine and bright culture are nearly eclipsed by the oceanfront majesty of this Cayman Island retreat.

Castillo Caribe’s boutique hotel–like features make it an unforgettable spot to retreat with friends. A grand front hall presents woven-style ceiling details, recessed lighting, and a sweeping wood staircase, all of which get a splash of the island’s natural elements via indoor palms and two-story floor-to-ceiling windows.

Here, classical features and decor outshine typical nods to beach living: a long table dining hall with elegant chandeliers, an expansive chef’s kitchen with multiple prep areas, and a master bedroom with beautiful wood ceiling inlay. Then there’s the wine cellar, games room, home theatre, gym, outdoor pool and private grotto. Cap that off with the Cayman Islands’ tax-neutral environment for the ultimate break from normalcy.

Makena, Maui

$26,995,000 USD | Makena, Hawaii | Island Sotheby’s International Realty

Look out across the endless Pacific Ocean from one of the most beautifully constructed, custom-detailed homes in Maui. Perched upon one acre of land, this 10,500-square-foot residence is an exemplary model of indoor-outdoor living.

Custom wood detailing runs through every area, including the eight bedrooms. Rippling fountains keep relaxation dialed, and a home theater is at the ready when you need a break from the sun. Or maybe you’ll prefer to soak up that movie in the open night air—an outdoor theater rises from the pool deck.

The nearby pool house accommodates any additional guests, and the nearly 4000-square feet of deck is perfect for large celebrations and star-gazing alike.

Sentosa Cove, Singapore

$19,900,000 SGD | Singapore | List Sotheby’s International Realty

Incredible modern architecture defines this rare oceanfront residence in Singapore. The lure of a marina resort meets high residential integrity here—a marriage of raw wood, polished steel, fair-faced concrete, and tropical sea air.

Views of the water rush into grand rooms at the rear of the home, while front rooms face the waterway. Flow, light, and open space are abundant, as is indoor-outdoor living. A timber bridge intersects the main staircase, giving way to a covered terrace so you can comfortably enjoy the local climate out of the sun’s rays (a dip in the pool will also do nicely). Sliding and folding glass doors expand the living and dining spaces for breakfasts and dinners al fresco. Whether you’re upstairs in a private, inviting bedroom or taking in the tranquility of the courtyard, this Sentosa Cove stunner is open and alive.

Mahoe Bay, Virgin Gorda

$23,000,000 USD | Virgin Gorda, British Virgin Islands | British Virgin Islands Sotheby’s International Realty

Beachfront living just doesn’t get any better than this. Stunning local stonework, warm woods, Travertine marble, and sandy shades of upholstery line the rooms of the villas at Aquamare.

Three 8,000-square-foot villas, equipped with 30-foot vaulted ceilings and beautiful indoor-outdoor detailing—including hammock seating—can house up to 12 guests each. Each also has its own private waterfront infinity pool with clear views of Drake’s Channel and upscale beachside lounging. A manager’s villa is partnered with the property, making large celebrations and group gatherings easy.

Elevated island homes offer the ideal blend of private retreat and resort living, where tempos slow and lapping waves provide the soundtrack to your days—your own personal paradise.

Discover luxury homes from around the world on sothebysrealty.com


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Rock and Roll Hall of Famer Sammy Hagar Lists Hawaiian Estate for $3.3 Million

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Sammy Hagar is a certified rock and roll legend; whether it was his work with groups like Montrose or Van Halen, his solo career, his TV show, or his successful entrepreneurial ventures, his contributions to pop-culture have persisted for over 40 years reaching far outside the walls of the music industry.


According to a recent story in the Los Angeles Times, Hagar has listed “Mu,” his home of 22 years in Haiku, Hawaii for $3.299 million with Island Sotheby’s International Realty.

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Hagar settled in Hawaii after the island’s beauty wooed him when he visited following a Van Halen tour in the mid 1990’s; his short stay to recharge quickly grew into a love for what he experienced during his time there.

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Spanning nearly 10 acres looking out over Waipio Bay, Hagar’s home includes three bedrooms, a saline pool with cabana, outdoor brick pizza oven, and gourmet chef’s kitchen – one that has served as a creative space where many notable chefs crafted memorable meals.

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Tranquility in mind, the property showcases the beauty and favorable weather Hawaii is known for. Enjoy a round of three-par golf, hike to a private waterfall, or enjoy a life of sustainability complete with a private well, water catchment, solar electricity, tilapia fish pond, fruit trees, and terraced vegetable gardens right on the home’s grounds.

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Allow this verdant property to inspire you the way that it did Hagar – experience one of the most inimitable estates Maui has to offer.

Explore more homes in Hawaii on sothebysrealty.com


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Luxury Real Estate Headlines: Second Week in November 2017

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

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$12,995,000 USD | Jupiter, Florida | ONE Sotheby’s International Realty

“Nearly every one of the ceilings has a mural, which he [homeowner, Dan Colussy] had painted by a number of artists from around the world.”

First, Hire an Artist. Then, Build the House – Wall Street Journal

Rock Icon Sammy Hagar Lists Oceanside Hawaiian Retreat for $3.3 Million – Los Angeles Times

A Home for Rowing on the Italian Lakes – Financial Times

Sea, Sand and Seclusion on 55 Acres in Tasmania – Mansion Global

Leave Your Cares Behind at This Private Estate in the Dominican Republic – Robb Report

6 Swoon-Worthy Lowcountry Homes You Can Buy Right Now – Coastal Living

Foresty 1930s Topanga Retreat Asks $1.15M – Curbed

Seven Homes with Heritage – Financial Times

Renovated Duplex Loft in a Chic Area of Brussels – Mansion Global

5 Homes for Ski Enthusiasts Who Want to Hit the Slopes this Winter – Robb Report

Mountain Resorts Aim to Create Aspen in New England – Wall Street Journal

Prices of Houses in Los Angeles Hit a New High – Financial Times

The Hottest New Condo Trend is Reusing Old Buildings – New York Post

Of Frontiers and Farmhouses: The Escape of Ranch Living – T Brand Studio

10 Vineyard Homes You Can Actually Move Into – Elle Decor

At RM Sotheby’s, a $2.6 Million Bugatti Chiron is Entry-Level – Bloomberg

Inside Look: First Auction at Sotheby’s Dubai – Forbes


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Video of the Week: Majestic Waiea Grand Penthouse in Kakaako, Honolulu, Hawaii



$35,000,000 USD | Honolulu, Hawaii | List Sotheby’s International Realty

Waiea is a masterpiece created by the world renowned architect, James K. M. Cheng in collaboration with one of America’s iconic interior designers, Tony Ingrao. In his words, James Cheng calls the penthouse “a villa in the sky.” Designed with the connoisseur of life in mind, no detail has been overlooked. This six-bedroom, six-and-one-half-bathroom residence sprawls over 8,532 square-feet and features a spectacular, over 2,000-square-foot rooftop lanai and a private, ocean-facing infinity pool.

Discover luxury home tours around the world


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Luxury Real Estate Headlines: Last Week in October 2017

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

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€13.500.000 EUR | Westmeath, Ireland | Ireland Sotheby’s International Realty

“Knockdrin [Castle]’s Neo-Gothic style mimics the castles that preceded it, but unlike those castles, it has massive windows, airy rooms, and expansive views…”

Take a 360 Video Tour of a $16 Million Irish Castle – Bloomberg

Skullcandy Chief Lists Snowboarding Estate for $18.9 Million – Wall Street Journal

A Home for Literature in London – Financial Times

A Hawaiian Townhouse with Wellness Built In – Mansion Global

A Baseball Player’s Home Base – Wall Street Journal

Pick a Winner: Houses That Come with Design Accolades – Financial Times

Full Transparency: 5 Striking Glass Homes You Can Buy Now – Robb Report

Chief of Travel Website Kayak to Pay $21 Million for Florida Condo – Wall Street Journal

6 Beautiful Homes in the Woods – The Week

An Eight-Story Manhattan Mansion with a History of Famous Residents – Mansion Global

Fly Away Home: 4 Properties for Sale with Helipads – Boat International

An Arty Couple’s Soho Apartment – Wall Street Journal

The Most Beautiful Home for Sale in Every State in America – Architectural Digest

Perfect Snow Causes Million-Dollar Impulse Buys Among the Super Rich – Bloomberg

Home Sellers Use Bonus Items to Sweeten the Deal – Wall Street Journal

The Coolest Eco-Friendly Homes on the Market Right Now – Elle Decor

Sotheby’s Howard Hodgkin Auction Exceeds Expectations – The National


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Luxury Real Estate Headlines: First Week in October 2017

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

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$15,800,000 USD | Honolulu, Hawaii | LIST Sotheby’s International Realty

“It’s always vacation time at this house on the eastern shores of Oahu, Hawaii. Here, every single day you’ll wake up to endless ocean views capped by the volcanic cone, Diamond Head, that largely defines that landscape of the island.”

An Open and Airy Abode on One of Hawaii’s Most Beautiful Beaches – Mansion Global

Elie Tahari Asks $45 Million for Hamptons Home – Wall Street Journal

An Amenity-Rich Home in Melbourne’s Toniest Suburb – Mansion Global

Seven Great Houses for Entertaining – Financial Times

Estée Lauder Chairman Buys $23.5 Million Co-op – The New York Times

7 Stunning Homes for Sale in Maine – Coastal Living

Property of the Week: A Converted Railway Loft in San Francisco – The Spaces

Wooden it be Lovely – Five Cabin Homes – Financial Times

Sculptural Smart Estate Designed by Guy Dreier Going for Nearly $45 Million – Robb Report

One57 Condo of Ferrari-Collecting Canadian Billionaire Asks $70M – Curbed

House Hunting in… Victoria, British Columbia – The New York Times

Penthouses in São Paulo: A World Away from the City’s Intensity – Financial Times

Montreal Real Estate Gets Fancy – Wall Street Journal

House Hunting in… Johannesburg – The New York Times

Portland Offers a Run For Your Money – Financial Times

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

Cartier Tutti Frutti Bracelet Highlights Sotheby’s Hong Kong Auction – Forbes


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New & Notable Luxury Properties for Sale | September 2017

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From a sprawling historic ranch in Hawaii to a historic palazzo in Rome, this month’s collection of exceptional properties for sale feature homes from some of the world’s finest locales.

Hawaii$260,000,000 USD | Maunaloa, Hawaii | Carvill Sotheby’s International Realty

The Island of Molokai, central to the main Hawaiian Islands, has for generations been an oasis for Hawaiian royalty, tycoons and naturalists alike. Comprising approximately 55,575 acres and 35% of the island, Molokai Ranch is the most significant offering in the state of Hawaii. The successful new owner will be among the top five private landowners in the state.

California$25,000,000 USD | Redondo Beach, California | Vista Sotheby’s International Realty

With over 62,000 square-feet of beachfront property on two parcels, this dramatic compound is almost impossible to duplicate. The main house comprises over 10,000 square-feet of exquisite living area, and the “companion house” has over 5,500 square-feet. Both homes are located behind gated entrances, both with direct access to the sand, a spectacular pool with spa, a private sand volleyball court, and a large yard. The views span from Palos Verdes through the beach cities, including the entire Santa Monica Bay.

Bahamas$39,000,000 USD | Nassau, Bahamas | Damianos Sotheby’s International Realty

Magnificent and one-of-a-kind, this grand 20,000-square-foot home is bespoke, sits on approximately one-and-one-half acres, with 246 linear feet of gorgeous sandy beach. Its southern border backs the 16th hole of the Ocean Club Estates Golf Course. This beachfront estate is equipped with resort-style amenities including an infinity-edged pool, pool deck, outdoor shower and professional tennis court with an air-conditioned pavilion.

New York$34,950,000 USD | New York City, New York | Sotheby’s International Realty – East Side Manhattan Brokerage

With 140 feet of Park Views on two levels, this incomparable Penthouse is one of the most significant to come to market; a renovation that took several years has transformed the home into an oasis above the Park. The Penthouse has a large terrace with a clear glass parapet wall on Central Park, spanning the entire 21st floor with access from magnificent French doors. The Penthouse offers approximately 3,974 square-feet of interior living 480 square-feet of terrace space.

ItalyPrice Upon Request | Rome, Italy | Italy Sotheby’s International Realty

Palazzo Sacchetti is a late Renaissance building among the most beautiful of Rome. Its construction was carried out in 1542 by Sangallo, the architect of Palazzo Farnese and coadjutor of Raffaello in the construction of St. Peter’s Basilica. Sangallo built it for himself, dedicating the last years of his life to make it the “perfect building.” In 1608, it was bought by the Archbishop of Naples, who built the chapel frescoed by Agostino Ciampelli. Later, in the second half of the 17th century It was purchased by the Marquis Sacchetti of Florence. Palazzo Sacchetti is a pearl in the heart of Rome; not surprisingly it has been used as a set for some scenes in the Oscar-winning film The Great Beauty, of which the eternal city is the real protagonist.

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


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The Molokai Ranch | Over 55,000 Acres of Historic Hawaiian Paradise

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Also known as the “Friendly Isle,” Molokai is known for having a slow pace, rural style, and rich Hawaiian culture. As recently covered in The Wall Street JournalMolokai was formed by three separate volcanoes, as evidenced by the island’s environmental diversity compressed within its small land area. Lands that eventually became part of Molokai Ranch were assigned as part of the Great Mahele, Hawaii’s land division of 1848.

South Shore Beaches$260,000,000 USD | Maunaloa, Hawaii | Carvill Sotheby’s International Realty 

Generations of History

King Kamehameha V

King Kamehameha V

In 1859, King Kamehameha IV established a sheep ranch on the west end at Kaluako‘i. His brother, High Chief Kapuāiwa gained title to the land that is now encompassed by Molokai Ranch when he became King Kamehameha V in 1863, and he expanded this holding through acquisition of more land and addition of other types of livestock.

Princess Ruth Keli‘iokalani inherited the land on Molokai from King Kamehameha V upon his death. When she died in 1883, the property passed on to Princess Bernice Pauahi Bishop, the last descendant of the Kamehameha dynasty. Princess Pauahi’s inheritance excluded the land of Kaluako‘i in West Molokai, as these were granted to her husband Charles Bishop in 1875.

In 1897, Charles M. Cooke, son of the early missionary teacher, Amos Starr Cooke, along with a group of Honolulu businessmen, purchased 70,000 acres of land in fee simple from the trustees of Princess Pauahi’s estate. The business group leased another 30,000 acres from the Hawaiian government.
In 1898, the businessmen started American Sugar Company Limited on Molokai. In 1908, Charles M. Cooke acquired 100% interest in the fee simple lands and subsequently established Molokai Ranch. George P. Cooke, son of Charles M. Cooke, succeeded his father to become the manager of Molokai Ranch. Under George P. Cooke, Molokai Ranch progressed through cattle grazing, sweet potato, and wheat crops. When the Ranch began producing honey, Molokai became the world’s largest producer of honey from 1910 to 1937.

Tidepools at Kawakiu Nui

Tidepools at Kawākiu Nui

By 1923, the Libby, McNeil & Libby Company had begun raising pineapple in the Maunaloa area on lands leased from Molokai Ranch. They continued operations until the operations were sold to the Dole Corporation in 1972. Del Monte, then known as California Packing Corporation, arrived in 1927 and made their headquarters at Kualapu‘u. They soon commenced large-scale pineapple cultivation, mostly on land leased from Molokai Ranch. Dole ceased its Molokai operations in 1976. Del Monte phased out its operations in the mid-1980s.

Kaluakoi Hotel and Golf

Kaluako’i Resort – Kaluako’i Resort and the surrounding 18-hole golf course is a prime oceanfront/hotel site.

In the early 1970s, Molokai Ranch, then owned by the Cooke family, entered into a partnership with Louisiana Land and Exploration Company for the development of the Kaluako‘i Hotel and Resort. After initial success, the cash requirements of these investments led to the eventual sale of Molokai Ranch stock to Brierly Investments Limited (later to become BIL International Limited), who became the sole stockholder in 1987. At that time, Molokai Ranch consisted of approximately 52,000 acres. The Kaluako‘i Hotel, under separate ownership, closed in 2000.

Maunaloa town

Maunaloa Town had its beginnings as a pineapple plantation town in 1923, when Libby, McNeil & Libby began to grow pineapple on land leased from Molokai Ranch.

In October 2001, BIL International, on behalf of Molokai Ranch, re-acquired 6,300 acres on the southwest corner of Molokai. In December 2001, Molokai Ranch acquired the land holdings of Kukui (Molokai), Inc., that included the abandoned Kaluako‘i Hotel, the Kaluako‘i Golf Course, and the undeveloped lands of the resort area. The golf course was renovated and re-opened in 2004 and closed in 2008. The hotel, golf course and most of the common facilities have yet to be re-opened.

Rodeo Grounds

Venue of the Annual Molokai Ranch Heritage Rodeo with Maunaloa Town in background.

Under the current ownership, not much has changed in recent years. While Molokai Ranch has continued to engage in active cattle ranching and utilities operations, reopening the Kaluako‘i Hotel and resort operations has not been a priority. The time has arrived to offer a new owner the freedom to realize the property’s potential and to create an enduring legacy.

Explore more of the Molokai Ranch on sothebysrealty.com


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Luxury Real Estate Headlines: Second Week in September 2017

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

imagereader.aspx-4$260,000,000 USD | Carvill Sotheby’s International Realty | Maunaloa, Hawaii

“A parcel of land that encompasses almost the entire western side of the Hawaiian island of Molokai is going on the market for $260 million. Called Molokai Ranch, the roughly 55,575-acre property spans about 35% of the rural island, encompassing 20 miles of coastline, a multitude of secluded beaches, ranch land and forests.”

A Chunk of the Hawaiian Island of Molokai Seeks $260 Million – Wall Street Journal

An Iconic Gilded Age ‘Cottage’ Offers Waterfront Access in Bar Harbor, Maine – Mansion Global

The Boldest Brutalist Homes for Sale in the World – Architectural Digest

Prime properties with an Asian influence – Financial Times

Surprise: Greenwich Home Sells For $2 Million Over Asking – Wall Street Journal

17th-century estate on 75 acres asks $10M – Curbed

You’re Going to Want to Live In This White Farmhouse for Sale in Vermont – Country Living

Outside Dallas, a Castle-Style Home Brings A Bit of France to Texas – Mansion Global

Historic Seven Sisters home in Montauk goes up for sale, asking $16.25M – Curbed

San Francisco Loft with Room for Dancing – Wall Street Journal

House Hunting in … Corsica – The New York Times 

Bohemian vibe attracts homebuyers to Taos – Financial Times

Montreal’s Mountainous Westmount Area Sees Influx of Younger Luxury Buyers – Mansion Global

Sunbaths and Solar Power: The Elegance of Eco-Living – T Brand Studio

10 Gorgeous Homes That Get Luxe Mountain Living Right – Elle Decor

Sotheby’s Launches Its First-Ever Contemporary Photography Auction, Tapping Into a Newly Hot Market – ArtNet