Luxury Real Estate Headlines: First Week in August 2014

2014_8_8_Miami Florida Headlines

$11,400,000 USD  | Miami, Florida | ONE  Sotheby’s International Realty

Florida is also a popular destination because there is no individual state income tax—a fact that attracts buyers from New York and elsewhere,” says Elena Bluntzer with ONE Sotheby’s International Realty in Miami.

Where the CEOs Live – The Wall Street Journal

House of the Day: Living History in AustraliaThe Wall Street Journal

House of the Day: A Philippine Home Fit for a StarThe Wall Street Journal

House of the Day: Views and Service in SeattleThe Wall Street Journal

On the Market: A Storied Stone Manor in Majorca Architectural Digest

On the Market: A Modern East Hampton HomeArchitectural Digest

On the Market: A Stately Victorian in Newport, Rhode IslandArchitectural Digest

How Important Is a Perfect Lawn When You’re Selling Your Home? The New York Times

Amazing Spider-Man director Marc Webb sells home in Silver LakeLos Angeles Times

Alexander Haig’s Palm Beach Home Sells for $8.75 MillionThe Wall Street Journal

Sotheby’s to auction part of L.A. gallerist Joni Gordon’s collectionLos Angeles Times

Mid-Century Modern Architecture

Over the years, the history of architecture has revealed many different styles of structural design. During the 20th century, modern architecture took center stage, later to be recognized as a significant design movement. Built from 1945 to the 1980’s, mid-century modern homes are characterized by simplicity, open design concepts, and extensive use of glass, meant to create an uninterrupted connection with nature. Defined by their attention to detail, artistic touches and incorporation of harmony with nature, Ulrich Franzen, Frank Lloyd Wright and Richard Neutra became known as some of the most important modernist architects. Explore five luxury mid-century modern homes currently on the market, designed or inspired by the styles of these three renowned architects.

Ulrich Franzen The Dana House_CT$5,500,000 USD | New Canaan, Connecticut | William Pitt Sotheby’s International Realty

Built in 1963 on former farmland in the midst of an apple orchard, the Dana House, designed by Ulrich Franzen, was unique in design in contrast to the glass rectangles created by many prominent mid-century architects. This brick ‘pavilion house’ set on nine acres of expansive lawns, meadows, orchards and woods, is over 5,500 square feet of modern mid-century design and on the market for the first time. This tranquil oasis offers the best of both worlds with its proximity to the heart of New Canaan, CT, one of Fairfield County’s most desirable locations. The home has five bedrooms, four full and one half baths, multiple decks, and acres of privacy. Multiple walls of glass, offer uninhibited views of the lush outdoor landscape. The property is protected by the New Canaan Nature Center in the rear and the New Canaan Land Trust on one side.

Frank Lloyd Wright_Houston$3,195,000 USD | Houston, Texas | Martha Turner Sotheby’s International Realty—Memorial Brokerage

This is a once in a lifetime opportunity to own the only Frank Lloyd Wright home in Houston (Bunker Hill Village). Originally designed in 1954, built in 1955 and expanded by the current owner, this home is truly an artistic masterpiece. Art aficionados will appreciate the multiple gallery walls throughout this striking residence. Situated on a gated, approx. 51,727 square foot lot at the end of a lane, this residence is ideal for grand entertaining and casual living. The galleries create a master wing, children’s wing and gracious living areas. High ceilings in the expanded portion of the home allow for ample natural light while the overhangs in the original portion create an intimate feeling. The entire home is built from concrete block, wood and glass around the pool and patio.

Frank Lloyd Wright_Victoria Canada819 000 $ CAD | Victoria, Canada | Canada Sotheby’s International Realty

Lush green space surrounds this exceptionally tranquil west coast home. The epitome of privacy is captured in the contemporary hideaway. A Frank Lloyd Wright design, this home allows for the outdoor luxury to permeate into the indoor residence, skylights illuminate this three bedroom home. The main floor is continuous with its open concept, no component is without natural flow. Relaxation awaits in the master suite on the main level, enjoy the spa inspired en suite with a unique circular tub and rain shower spout overhead. Unique handcrafted lighting adds a special touch throughout the home.

Richard Neutra_ La Crescenta CA$7,900,000 USD | La Crescenta, California | Sotheby’s International Realty—Beverly Hills Brokerage

The Dorothy Serulnic Residence built in 1953 by Richard Neutra, features glass walls allowing for spectacular mountain and city skyline views.  The home has a Bear Valley stone fireplace, a classic Neutra built-in sofa and cabinet and public rooms that are open and welcoming. There is built-in furniture throughout and even vanities, desk top reveals and a sliding Neutra kitchen table. Totally indoor/outdoor, this is Neutra at his best.

Richard Neutra_Bryn Athyn PA 2$5,400,000 USD | Bryn Athyn, Pennsylvania | Kurfiss Sotheby’s International Realty

Richard Neutra’s Pitcairn House, a very private, hidden masterpiece, is the quintessential house in the woods. Marvelous design, comfortable living surrounded by acres of wildlife and nature, yet close to metropolitan areas. A long driveway leads toward the top of a ravine overlooking the Pennypack Creek and groves of oak, beech, maple and poplar to the site chosen by Neutra in 1959. The superbly designed and maintained 6,303 square foot house completed in 1962 is set on 10.1 conserved acres in turn surrounded by the Pennypack Ecological Restoration Trust, an 812-acre nature conservancy. Neutra signature designs are found throughout, such as floor-to-ceiling windows, connecting the indoors with nature outside.

Explore More Mid-Century Modern Homes > 

Lake Joseph Executive Estate in Muskoka, Canada | Video House Tour

Exquisite 4 season waterfront home on Roberts Bay, Lake Joseph. 610 feet of lakefront on a point that provides highly desirable peace and privacy. Modern 2 slip boathouse with complete 2nd storey living accommodation for friends and family.

4,601,429 $ CAD| Ontario, Canada | Sotheby’s International Realty Canada

Calling All Car Collector’s | Luxury Garages

The Sotheby’s International Realty Luxury Lifestyle Report found that the top desired luxury amenity in the U.S. was a multi-car collector’s garage. We’re featuring four magnificent U.S. homes that wouldn’t be complete without the ultimate garage to showcase their enviable car collections… and more.

Georgia_Garage

$17,500,000 USD | Gainesville, Georgia | Atlanta Fine Homes Sotheby’s International Realty

This absolutely breathtaking custom country estate is nestled on 446 picturesque acres. The unparalleled setting offers stunning river views, rolling pastures, natural waterfalls and unbelievable landscaping. The main house is meticulously designed and executed with the finest materials, including 100 year-old reclaimed wood beams, wide planked floors, mahogany moldings and Baccarat chandeliers. Amenities include billiards, movie theater, climate controlled stables and a collector’s garage featuring Western saloon.

Dallas_Garage

$19,999,000 USD | Dallas, Texas | Briggs Freeman Sotheby’s International Realty

This exquisite 5 bedroom Tuscan estate by Richard Drummond Davis, is situated on four acres of perfectly manicured grounds that includes a grand entry motor court, guest house, koi ponds, a stream and large swimming pool area with fountains and large loggias along the entire back of the home. The home also features amenities including a large chef’s kitchen, his and her studies, game room, exercise room, a wine room and a 10 car garage that is heated and air conditioned, doubling as a man cave room.

Utah_Garage

$34,000,000 USD | Park City, Utah | Summit Sotheby’s International Realty

Tucked away among the tall pines nestled on a mountainside comprised of 60 acres is one of the most unique private estates in all of Utah. This crown jewel of Upper Deer Valley is 22,000 square feet and the residence is constructed of reclaimed logs from the Yellowstone Park area. This home comes elegantly furnished with 12 bedrooms, 2 bunk bedrooms,16 bathrooms, large great rooms, a dining room that seats 20, indoor pool, fitness center, library, children’s playrooms, 6 and 22 car garages, and more.

California_Garage

$21,800,000 USD | Newport Coast, California | HOM Sotheby’s International Realty

Savor boundless ocean vistas from this European masterwork in the distinguished sanctuary of Crystal Cove offering picturesque ocean, Catalina, Newport Harbor and coastline views. Resort-inspired grounds lend way to outdoor covered loggias with fireplaces, pool and spa. Inside this refined estate, discover six bedroom suites; two offices; a world-class gourmet kitchen with separate catering kitchen; billiard room; fitness room with sauna and steam shower; beauty salon and massage room, 18-person home theater designed by Audio Visions; Savant home automation system; wine cellar; elevator; and 9-car clear span subterranean garage.

Download the Full Report >

New and Notable Luxury Properties for Sale | July 2014

From a private beachfront masterpiece in Turks and Caicos to a sophisticated duplex in New York City, this month’s collection of exceptional properties for sale showcases exquisite lifestyles from around the globe.

Turks and Caicos N+N

$48,000,000 USD | Parrot Cay, Turks and Caicos | Turks & Caicos Sotheby’s International Realty

Turks and Caicos—This private beachfront estate in the Caribbean is set on its own stretch of sand with unparalleled ocean water views. A main house and guest house combine for a seven bedroom tropical escape in an exclusive community. Sandy footpaths lead to several shaded outdoor lounging areas, ultimately guiding to an infinity-edge pool set directly in the sand.

NYC N+N

$44,000,000 USD | New York, New York | Sotheby’s International Realty- East Side Manhattan Brokerage

New York—740 Park Avenue is one of Manhattan’s most celebrated residential landmarks designed by architect Rosario Candela. With rooms overlooking one of the most recognized boulevards in New York City, this newly renovated residence was finished to the highest standards and offers a chic contemporary take on a classic Park Avenue residence.

Paris N+N

28.500.000 € EUR | Paris, France | Propriétés Parisiennes Sotheby’s International Realty

France— A private entrance gives access to this seven bedroom home in Paris. Chateaubriand used to live in this recently renovated home, now complete with vast living spaces, an elevator, a workshop, terraces and rooms overlooking the garden.

Hong Kong N+N

$280,000,000 HKD | Hong Kong | Hong Kong Sotheby’s International Realty

Hong Kong— This palatial European-style home sits on top of the town and faces south, offering almost 270-degree views of the ocean, greenery and the city skyline. The four bedroom home also features a swimming pool, roof terrace, and an elevator.

Brussels N+N

Price Upon Request | Brussels, Belgium | Brussels Sotheby’s International Realty

Belgium— With its gardens, meadows and forests, this property is integrated into one of the most beautiful and best kept areas in Belgium and southern Netherlands. The six bedroom manor is equipped with a splendid indoor pool, sauna, whirlpool as well as equestrian facilities including multiple riding arenas and beautifully designed gardens.

Newly Listed Luxury Properties for Sale >

Luxury Real Estate Headlines: Last Week of July 2014

2014_8_1_John Denver Home

$10,750,000 USD | Aspen, Colorado | Aspen Snowmass Sotheby’s International Realty

John Denver was famous for songs that extolled the beauty of nature and his Colorado home, including “Rocky Mountain High.”

Now home buyers have a chance to experience firsthand what he meant.

John Denver’s Onetime Rocky Mountain Home Lists for $10.75 Million The Wall Street Journal

Million-Dollar U.S. Housing Loans Surge to Record LevelBloomberg

House of the Day: ‘Modern Medieval’ in Ohio – The Wall Street Journal

House of the Day: Tucked Away in Shinnecock Hills – The Wall Street Journal

What You Get for … $1,700,000The New York Times

Asia House of the Day: A Penthouse View in the Philippines – The Wall Street Journal

Lavish Clubhouses Woo Luxury Home Buyers – The Wall Street Journal

Sotheby’s [International Realty] Sees Huge Potential in IndiaOverseas Property Professional Magazine

Home of the Day: Ojai Villa Offers a Taste of TuscanyLA Times

Greg Louganis Sells Malibu Home with Custom Diving PoolLA Times

Real Estate’s Twitter Stars – The Wall Street Journal

A Big Test for Vintage PhotosThe Wall Street Journal

Auction Houses Seek a Competitive Edge The New York Times

Stunning Auction Highlights The New Faces Of Middle Eastern ArtThe Huffington Post

Richardsonian Romanesque Mansion in St. Louis, Missouri | Luxury House Tour

The imposing stone structure designed by Frederick Bonsack for Brown Shoe Company founder George Warren in 1897, sits on a lot-and-a-half in St. Louis’ premier neighborhood, known around the world for its fine examples of turn-of-the-century mansions. Step through the front door and the old world, money is no object craftsmanship is apparent. The rosewood paneled reception hall features an Italianate mosaic floor, original frescos, Corinthian pilasters and a grand rosewood staircase.

 $1,750,000 USD | St. Louis, Missouri | Dielmann Sotheby’s International Realty

Sotheby’s International Realty Brand Enters India

New_delhi_temple Wiki

Sotheby’s International Realty Affiliates LLC today announced it has signed an agreement with RealPro Infra Private Ltd. to develop the Sotheby’s International Realty® brand in North India with the opening of North India Sotheby’s International Realty.

Amit Goyal is co-owner and chief executive officer of the firm, which will serve the luxury residential real estate market throughout Northern India.  The first office begins operations in September 2014 in New Delhi followed by Gurgaon, Noida, Chandigarh and Jaipur.

“Northern India is one of the most exciting, beautiful and fastest growing markets in the world, with a developing luxury real estate market,” said Philip White, president and chief executive officer, Sotheby’s International Realty Affiliates LLC.  “Expansion into India was one of our core objectives for this year, and I am proud to welcome Amit and his team to our global network.”

“We are delighted to become part of the Sotheby’s International Realty worldwide network,” said Goyal.  “The luxury residential real estate market in India is beginning a period of expansive growth and the Sotheby’s International Realty brand will meet the needs of high net-worth individuals internationally looking for luxury homes in India and overseas using the brand’s global platform. We also envision future appointments of exclusive representation of luxury residential properties.  India’s luxury residential market is poised to grow rapidly, supported by strong economic growth, and we are in an ideal position to lead this growth by leveraging the Sotheby’s International Realty global platform.”

The Sotheby’s International Realty network currently has more than 15,000 independent sales associates located in approximately 720 offices in 52 countries and territories worldwide.  North India Sotheby’s International Realty listings are 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 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.