Luxury Real Estate Headlines: Third Week in April 2014

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

Luxury Kitchen | San Antonio, Texas

$1,499,999 USD | San Antonio, Texas | Kuper Sotheby’s International Realty

Prices for the historic Victorians that make up the bulk of King William properties have roughly tripled in the past decade, said Debra Maltz, a broker associate for Kuper Sotheby’s International Realty, though much of that price change can reflect extensive renovation. Larger, restored homes can cost $800,000 to $3 million, Ms. Maltz said.

Downtown San Antonio Gets a MakeoverThe Wall Street Journal

Sotheby’s International Realty Launches a Lifestyle Video SeriesSotheby’s International Realty

Private capital is returning to the mortgage marketHousingWire

Home Sellers’ Asking Prices Hit Five-Year HighWSJ Economics Blog

10 countries racing to buy American homesUSA TODAY

Modern Take on a Farmstead | House of the Day - The Wall Street Journal

Jeff Koons Popeye Set To Make $25m At Auction In New YorkArtlyst

Picasso to Giacometti Lead Sotheby’s $322 Million AuctionBloomberg

 

Extraordinary Angles: A Lifestyle Video Series

Today we announced the launch of our Extraordinary AnglesSM lifestyle video series showcasing unique properties and lifestyles from around the world. Each three to five minute “webisode” takes viewers on inspiring tours through some of the finest properties represented by the Sotheby’s International Realty® brand in the world’s most distinct locations. Additional videos planned for later this year.

Here is a peek at the first four videos in the series. Watch the full length webisodes on our website.

Kitchens




Wine Cellars




Oceanfront




Ski Properties


“Our research tells us that today’s luxury consumer seeks a home that meets their unique lifestyle, so at the Sotheby’s International Realty brand, we truly understand the important role lifestyle plays in the purchase of a property,” said Wendy Purvey, chief marketing officer, Sotheby’s International Realty Affiliates LLC. “We also know that today’s consumers are looking to gather information through video because it offers a unique, immersive experience. Video enables us to truly showcase the intangible lifestyle a property offers, opening the door to their potential next home, no matter where in the world it is located.”

View the full-length webisodes > 

Significant Sales January 2014

The January 2014 issue of Significant Sales showcases top sales from around the world, beginning with an extraordinary triplex penthouse in Florida. Also featured is a grand limestone house in Manhattan, a classic colonial in Greenwich, Connecticut and over twenty other properties from across the globe.

Ocean Dr ONE 20MONE Sotheby’s International Realty | $20,000,000 USD | Florida, USA

Florida—This three-level penthouse is set over 7,000 square feet and offers unmeasurable luxury. There also is a plunge pool on the 17th floor and a full-floor master suite on the 18th floor. This penthouse truly embodies an elegant and indulgent lifestyle.

East Side Manhattan 19.6m (1)Sotheby’s International Realty-East Side Manhattan Brokerage | $19,600,000 USD | New York, USA

New York—This home is situated on one of the most desirable residential blocks in Carnegie Hill just off Fifth Avenue and steps from Central Park. Sun-filled, open and airy, this grand limestone house is comprised of a total of five stories plus a fabulous roof deck with open city views and a windowed English basement. A gracious entry hall leads to a fully equipped eat-in kitchen with access to a garden. The private full floor master bedroom offers a spacious bath and a large terrace. Additionally there are four large bedrooms, each with ensuite baths and ample closet space.

Greenwich 11.9m (1)Sotheby’s International Realty-Greenwich Brokerage | $11,920,000 USD | Connecticut, USA

Connecticut—This exquisitely renovated, stunning Colonial has eleven plus acres of meadows and paddocks and an expansive equestrian farm. Two fully restored vintage Dutch barns provide for galas with dance floor, stage, saloon, executive office and five box stall equestrian facility. Architectural detailing captures the historical essence of this spectacular home. There is a paneled library, family room and gourmet kitchen with breakfast room, as well as five luxurious suites. The master suite has a library with fireplace, his and her dressing rooms and master baths, private study, exercise studio with bath and sauna. There also is a wine cellar, six fireplaces, beautiful terraces, pool, four garage bays and a one bedroom carriage house.

View all Significant Sales in January 2014 >

 

Impressive Family Home in England, United Kingdom | Video House Tour

The impressive property is approached via electric gates and is set back from the road and offers close links to London and an excellent choice of private schools. The accommodation is arranged over 3 floors and comprises of a spacious entrance hall, 3 main reception rooms, study with bespoke furniture, large elegant kitchen with steps down to the light and airy dining area with full height glazed windows and doors to the landscaped gardens.

£3,300,000 GBP | Cobham, England | United Kingdom Sotheby’s International Realty

Sotheby’s International Realty Brand Expands Presence in Montana

Sotheby’s International Realty Brand Expands Presence in Montana

Sotheby’s International Realty Affiliates LLC today announced that Glacier Sotheby’s International Realty has acquired Maddux Real Estate Group in Missoula, Mont., which now will operate as Glacier Sotheby’s International Realty.

Ross Pickert is broker/president of Glacier Sotheby’s International Realty. With the addition of this office, which is located at 321 North Higgins Avenue in Missoula, the Sotheby’s International Realty® network now has seven affiliated offices throughout Montana operating as Glacier Sotheby’s International Realty and Big Sky Sotheby’s International Realty.

“The addition of this office expands the Sotheby’s International Realty brand’s footprint into Missoula, a new and significant market for us,” said Philip White, president and chief executive officer, Sotheby’s International Realty Affiliates LLC. “Glacier Sotheby’s International Realty now has five offices and looks forward to serving the Missoula and Bitterroot Valley areas.”

According to Pickert, the Sotheby’s International Realty® brand’s support has been critical in his company’s expansion efforts. “With the support of the Sotheby’s International Realty brand, we are proud to offer our quality services in this significant market,” he said. “Maddux Real Estate Group, a boutique real estate brokerage located in the heart of downtown Missoula, was founded last May by Dawn Maddux. Under her leadership, they created a niche company focusing on high-end properties, developments and land and building packages. We proudly welcome them to our team.”

The Sotheby’s International Realty network currently has more than 14,500 independent sales associates located in approximately 700 offices in 52 countries and territories worldwide. Glacier Sotheby’s International Realty listings will be marketed on the sothebysrealty.com global website. In addition to the referral opportunities and widened exposure generated from this source, the firm’s brokers and clients will benefit from an association with the Sotheby’s auction house and worldwide Sotheby’s International Realty marketing programs. Each office is independently owned and operated.

Search Luxury Homes for Sale in Montana >

Luxury Real Estate Headlines: Second Week in April 2014

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

Melbourne, Australia Luxury Homes for SalePrice Upon Request | Melbourne, Australia | Melbourne Sotheby’s International Realty

Chinese buyers snap up high-end real estate in college towns - The Wall Street Journal

“In an effort to increase the likelihood of their children studying abroad, a growing group of Chinese buyers is snapping up high-end real estate in college towns around the world. Some Chinese buyers are using the properties to meet the universities’ residency requirements. Luxury homes also offer their children an upscale alternative to dorm life. Most important, many hope that real-estate purchases will help pay the costly university tuition.”

Homes That Go Out on a Limb - The Wall Street Journal

Virginia Firm Joins Sotheby’s International Realty BrandSotheby’s International Realty

Massachusetts Firm Joins Sotheby’s International Realty Brand - Sotheby’s International Realty

Luxury Shoreline Home in Spain | House of the DayThe Wall Street Journal

Bauhaus Flair by the Water in Massachusetts | House of the DayThe Wall Street Journal

An Artist’s Home in Colorado | House of the Day - The Wall Street Journal

Pitfalls of pocket listings outweigh potential upsidesInman News

Second-Home Mortgages on the RiseDSNews.com

Chicken Cup, Chinese art’s ‘holy grail’, sells for £19.6mThe Telegraph

Duke’s sale of the centuries  – The Telegraph

Bubble? What Bubble? Art Sales Soar to RecordNBC News

 

Massachusetts Firm Joins Sotheby’s International Realty Brand

Massachusetts Firm Joins Sotheby’s International Realty Brand

Sotheby’s International Realty Affiliates LLC today announced that Harborside Realty in Marblehead, Mass., is the newest member of its real estate network and will now operate as Harborside Sotheby’s International Realty.

Michael Cannuscio, Dick McKinley and Matt Dolan is broker/owner of the firm, which is located at 72 Front Street in Marblehead, and serves Marblehead and the adjacent markets. With the addition of this firm, the Sotheby’s International Realty® brand now has 31 offices throughout Massachusetts.

“Michael and his team of 30 associates have a true understanding and appreciation for their market’s unique attributes,” said Philip White, president and chief executive officer, Sotheby’s International Realty Affiliates LLC. “They are known for their focus on service, and we proudly welcome them to our worldwide network and the outstanding group of offices that serve Massachusetts.”

According to Cannuscio, the Sotheby’s International Realty brand offers his firm a global reach that complements their local market experience. “With the support of the Sotheby’s International Realty brand, we will receive worldwide exposure for our market and the outstanding properties we represent,” he said. “Our market area has distinct characteristics filled with historic districts and wonderful seaside neighborhoods that necessitate an in-depth local knowledge, which our agents are known for. We are focused on achieving our clients’ objectives and their satisfaction with a high level of professionalism, market knowledge and service.”

The Sotheby’s International Realty network currently has more than 14,500 independent sales associates located in approximately 700 offices in 52 countries and territories worldwide. Harborside Sotheby’s International Realty listings will be marketed on the sothebysrealty.com global website. In addition to the referral opportunities and widened exposure generated from this source, the firm’s brokers and clients will benefit from an association with the Sotheby’s auction house and worldwide Sotheby’s International Realty marketing programs. Each office is independently owned and operated.

Search Luxury Homes for Sale in Massachusetts >

Living the Golf Lifestyle

From the cliffs of Pebble Beach to the palm trees in Mallorca, golf enthusiasts from around the world undoubtedly will be perfecting their swings this majors tournament season, which kicks off this week at the 2014 Masters Tournament in Augusta, Georgia.

For the golfer who desires the serenity, prestige and access to links lavished with adventure, owning a golf retreat on their favorite course is a coveted trophy.

Discover five legacy residences that epitomize the luxurious golf lifestyle enjoyed both on and off the course.

California

Luxury Golf Course Homes | Sherwood Country Club | Thousand Oaks, California$6,800,000 USD | Thousand Oaks, California | Ewing & Associates Sotheby’s International Realty

This Hamptons-style, colonial estate overlooks the 16th fairway of the Sherwood Country Club’s Jack Nicklaus golf course. The morning sunlight that illuminates the Santa Monica mountains to the east pours into the home, highlighting its detailed molding, millwork, wainscoting, designer window coverings, hand-hewn wood floors and French doors. Volume ceilings accentuate the spacious open plan.

Arizona

Luxury Homes for Sale | Desert Mountain Golf Resort | Scottsdale, Arizona$4,750,000 USD | Scottsdale, Arizona | Russ Lyon Sotheby’s International Realty

A courtyard that wraps around a teardrop tiled pool and spa distinguishes this custom estate in the Desert Mountain golf community overlooking the 15th hole of Chiricahua, a Jack Nicklaus Signature Golf Course. A covered patio, fireplace and built-in barbeque with high-top seating invite outdoor entertaining. Theater, wine and game rooms keep guests engaged inside. At bedtime, the master suite beckons, warmed by split-face honey onyx fireplace.

Puerto Rico

St Regis Bahia Beach Resort | Puerto Rico$4,850,000 USD | Rio Grande, Puerto Rico | Puerto Rico Sotheby’s International Realty

One of only three currently built, this Las Estancias residence estate at The St. Regis Bahia Beach Resort features a Bali-inspired design with panoramic ocean and golf views surrounded by a rainforest. The single-level, double height, plantation-style construction incorporates an infinity edge pool and spa tub on the outdoor terraces. A European double-width kitchen equipped with Wolf and Sub Zero appliances and wet bar open into the formal dining area.

Spain

Golf Villa for Sale | Costa Brava, Spain$3,040,000 USD | Caldes De Malavella, Spain | Costa Brava Sotheby’s International Realty

The glass façade of this Spanish villa, designed by de Blacam & Meagher at the PGA Catalunya Resort, looks out onto the 17th fairway and surrounding forest. The outdoor terrace area blends into the indoor living space. The home’s two kitchens – one inside and out – authentic al fresco barbeque oven, custom infinity pool and two fireplaces clearly are intended for owners who enjoy entertaining family and friends.

Hawaii

Kapalua Plantation Golf Course | Hawaii$12,500,000 USD | Kapalua, Hawaii | Island Sotheby’s International Realty

Inspired by 19th century, Craftsman-style Hawaiian homes, this estate overlooking the 16th fairway of Hawaii’s Kapalua Plantation Course merges the history and artistry of a bygone era with the technology, amenities and quality craftsmanship of a modern home. Surrounded by views of the ocean, Moloka’I island and West Maui Forest Reserve, this home’s modern layout includes an indoor pool, spa and outdoor kitchen.

Private Golf Estate | Bridgehampton, new YorkPrice Upon Request | Bridgehampton, New York | Sotheby’s International Realty – Bridgehampton Brokerage

Three Ponds Farm is an unparalleled private residence on 60+/-picturesque acres in Bridgehampton, New York. Three Ponds offers the only private golf course designed by the legendary Rees Jones, exemplifying his signature style to maximize the course’s aesthetic appeal in its natural environment while creating intriguing, competitive elements. The unique design of the USGA rated course offers 9 holes which can be played in both directions with a charming historic milking barn known as the “fish house,” for a mid-play break. Players can enjoy the two story club house adjacent to the main residence with an English gentlemen’s flare of handsome cherry wood paneling and antique bar with separate guest quarters.

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