New and Notable Luxury Properties for Sale | June 2014

From a private enclave in California to a historical waterfront oasis in Italy, this month’s collection of exceptional properties for sale showcases exquisite lifestyles from around the globe.

Capri_New and Notable32.000.000 € EUR | Capri, Italy | Tuscany Sotheby’s International Realty

Italy- This waterfront property, situated on the Island of Capri, has a unique history as it is built above the former Palace by the Sea, of Roman Emperor Caesar Augustus. Vast gardens and terraces immerse this seaside villa which has stunning views of Mount Vesuvius, the Peninsula of Sorrento and the Bay of Naples.

Laguna Beach_New and Notable$42,000,000 USD | Laguna Beach, California | HOM Sotheby’s International Realty

California- The inspired and dramatic architecture of this oceanfront residence in Emerald Bay encompasses a spacious plan that captures views of the sparkling aqua waters in the cove below. Tastefully appointed interiors are composed of luxurious materials in a primarily neutral palette of crèmes, tans, grays and whites. Thoughtfully arranged indoor and outdoor spaces are eminently livable and lend themselves to relaxing days spent entertaining seaside.

Nevada_New and Notable$38,000,000 USD | Las Vegas, Nevada | Synergy Sotheby’s International Realty

Nevada- Located in Las Vegas, this “Founder’s Penthouse” is an expansive space with 360 degree views of the city below. The home features private elevator access, an outdoor theater, a large hot tub and a full gym.

Laguna Beach 2_New and Notable$29,995,000 USD | Laguna Beach, California | HOM Sotheby’s International Realty

California- Designed by Brion Jeannette, this Laguna Beach home is nestled in a private enclave of Smithcliffs. Whitewater ocean views create a spectacular backdrop for this Mediterranean-styled home. The sprawling outdoor patio with pool and resort-like grounds  make this home perfect for entertaining guests.

Italy_New and NotablePrice Upon Request | Portofino, Italy | Milan Sotheby’s International Realty

Italy- This splendid villa is set upon the backdrop of Portofino and enjoys direct access to the famous “Piazzetta”. Various outdoor terraces and gardens offer endless relaxation and privacy with unique views of Portofino Bay and the Brown Castle.

Newly Listed Luxury Properties for Sale >

Luxury Real Estate Headlines: Third Week in June 2014

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

2014_06_20_ Stockholm_Sweden

12.500.000 kr | Stockholm, Sweden | Sweden Sotheby’s International Realty

House Hunting in … Sweden - The New York Times 

Real estate is quite healthy for the whole of Sweden,” said Lars Andersson, the chief executive of Sweden Sotheby’s International Realty. “We are blessed with a lot of attractive coastline.” It is possible to find a small stuga, or cottage, for about $1 million. “If you are willing to jump on a ferry or take your own boat out to an island with no car connection, you can find something quite beautiful for half.”

House of the Day: Over the Moon in La Jolla -The Wall Street Journal

Sotheby’s International Realty Featured Estate of the Week: Timeless and Sophisticated Villa -Haute Living

What You Get for … $1,300,000 -The New York Times

On The Market: A Classic Seaside Getaway on Martha’s Vineyard - Architectural Digest

Sotheby’s International Realty Brand Enters LuxembourgSotheby’s International Realty

Sotheby’s International Realty launches global referral platform powered by ImmobelInman News

Here’s What Wealthy People Want In Their Luxury HomesBusiness Insider

The only way is up: Balearic property prices soarThe Telegraph

Luxury Homeowners Snub the Open House The Wall Street Journal

House of the Day: Swim-Up Estate in Palm Beach – The Wall Street Journal

Rare Stamp Sells for $9.5 MillionABC News

SLIDESHOW: History of Art in Ten Works at Sotheby’s - Artinfo UK

John Lennon & Jimi Hendrix & Bob Dylan personal items at Sotheby’s auctions NYYareah Magazine

Luxury Real Estate Headlines: Second Week in June 2014

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

Alden House Belfast, Maine

$675,000 USD | Belfast, Maine | The Swan Agency Sotheby’s International Realty

House Hunting: The Best of B&Bs - The Week

Hiram Alden, president of the Maine Telegraph Co., built this seven-bedroom bed-and-breakfast in 1840.

House of the Day: Lush Landscape Whidbey Island, Wash., Estate - The Wall Street Journal

Asia House of the Day: Mediterranean Living in the Philippines - The Wall Street Journal

In Home Renovations, Big Homes Get Bigger - The Wall Street Journal

On the Market: A Striking Sun-Filled Beach House in East Hampton - Architectural Digest

Legendary Grateful Dead Guitarist Jerry Garcia’s Former Estate For Sale - Digital Journal

A Santa Barbara Home on 160 Acres Lists for $12.9 Million - The Wall Street Journal

A Hot Tropical Destination Hits the Global Real Estate Market - Culture Map Houston

Historic Patek Split-Seconds Chronograph Sells For $2.9 Million - Forbes

Claude Monet Water Lilies Set to Fetch £20-30m At Sotheby’s - Artlyst

Damien Hirst May No Longer Be Britain’s Most-Expensive Living Artist - Bloomberg

Luxury Real Estate Headlines: First Week in June 2014

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

Calgary Luxury Ranches

37 888 000 $ CAD | Calgary, Canada | Sotheby’s International Realty Canada

Calgary Luxury Real Estate Buyers To Enjoy Private Jet, Chopper ServicesHuffington Post

When you’re dealing with a lot of these entrepreneurs and business people, executives, time is money to them, Mark Evernden, Sotheby’s [International Realty Canada] senior vice-president of sales, told the news service.

What Do Chinese Home Buyers Want?The Wall Street Journal

Sotheby’s International Realty Brand Enters BelizeSotheby’s International Realty

Living in Luxury Air Parks - The Wall Street Journal

Breathtaking Pools: A Collection of Exceptional Properties  - Architectural Digest

Homes: What $25 million buys around the worldCNN Money

Sotheby’s International Realty Survey Shows Wealthy Desire Waterfront, Historic And Smart HomesTheStreet.com

Luxury Australian properties from Sydney to PerthThe Telegraph

A Richard Neutra Design in Pennsylvania | House of the DayThe Wall Street Journal

Through the Looking Glass in Ridgefield | House of the Day - The Wall Street Journal

Inside the most expensive house on the market in Houston (Video)Houston Business Journal

Realogy Named to 2014 Fortune 500 ListRealogy Press Release

BANKSY: The Unauthorised Retrospective Curated by Steve LazaridesSotheby’s

Luxury Real Estate Headlines: Fourth Week in May 2014

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

Montecito Estate

$23,500,000 USD | Montecito, California | Sotheby’s International Realty – Montecito – Coastal Village Brokerage

‘The Secret’ Author Rhonda Byrne Will List in Montecito for $23.5 MillionThe Wall Street Journal

Luxury Lifestyle Report: A Study of High Net Worth ConsumersSotheby’s International Realty

Looking for an Investment? Here Are 9 of the Best Franchises in AmericaThe Street

On The Market | Baroque Splendor in Lucca, ItalyArchitectural Digest

On The Market | Frank Lloyd Wright’s William Winslow House in IllinoisArchitectural Digest

An East Hampton Home for the GenerationsThe Wall Street Journal

Sotheby’s Cheval Blanc ex-cellar auction sells outDecanter.com

Luxury Lifestyle Report: A Study of High Net Worth Consumers

Luxury-Lifestyle-Report-blog

The “Sotheby’s International Realty Luxury Lifestyle Report” surveyed affluent consumers in the United States, United Kingdom, Brazil and China and found that the majority in all four countries are more likely to purchase a lifestyle property now than they were five years ago and to make a lifestyle property their primary residence. A WATERFRONT PROPERTY was the top choice for what they would consider purchasing next. A concurrent study of lifestyle search activity on sothebysrealty.com shows “waterfront” was the top lifestyle search on the website in 2013 at 42 percent.

The majority of affluent consumers in the United States, United Kingdom, Brazil and China also were likely to make a LEGACY HOME PURCHASE, which is a property intended to remain in the family or be gifted to children, with the highest percentages in China (93 percent) and Brazil (92 percent). A survey of Sotheby’s International Realty network members revealed that more than half of respondents say their clients spend between $1 and $3 million for a legacy home.

In addition, the “Sotheby’s International Realty Luxury Lifestyle Report” showed that earning a return on investment was a key driver for clients when purchasing such a property. Compared with five years ago, a majority of affluent consumers are more confident in the strength of the housing market in their country of primary residence, which they believe offers the best real estate value right now.

“Last year, we observed that the luxury sector led the overall market recovery, making insights into the purchasing behavior of high net worth consumers critically important,” said Philip White, president and chief executive officer, Sotheby’s International Realty Affiliates LLC. “Our findings confirmed what we have known to be true when it comes to the motivations and desires of these consumers: they are looking for homes that meet the needs of their varied lifestyles and that support their most precious asset, their family. These consumers also recognize the important role real estate plays in building wealth, and they expect to yield a return on their investment. In a testament to the health of the luxury market, they are more confident in their property’s ability to grow their overall net worth.”

Download the Full Report >

Luxury Real Estate Headlines: Third Week in May 2014

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

Luxury Homes for Sale | Essex Connecticut $3,480,000 USD | Essex, Connecticut | William Pitt Sotheby’s International Realty

Luxury Homeowners Who Ditched the Dining RoomThe Wall Street Journal

With more meals eaten in the kitchen, on the patio and in front of the TV, luxury homeowners are increasingly converting their dining rooms into libraries, dens and other flex spaces.

 

Katharine Hepburn Home Returns to the Market - The Wall Street Journal

 

Villa De Martini on Telegraph Hill listed for $16 millionSFGate.com

House of the Day: Over the Moon in La JollaThe Wall Street Jouranl

A 30-Minute Interview with Kathryn A. Korte, Sotheby’s International Realty Inc.The New York Times

East Hampton, New York: Secluded Showplace, $21.5 MillionThe New York Times

Hot Property Moon Bloodgood selling her home in Venice, CaliforniaLA Times

House of the Day: Study in Contrast in Tuxedo Park [New York] - The Wall Street Journal

House owned by GM of Arizona Diamondbacks is for saleArizona Central

House of the Day: Mizner Remade in Colebrook [Connecticut] - The Wall Street Journal

Real Estate Goes GlobalThe New Yorker

Sales of Existing U.S. Homes Rise for First Time This YearBloomgberg

Luxury Real Estate Headlines: Second Week in May 2014

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

8yf2sv-las vegas

$5,850,000 USD | Las Vegas, Nevada | Synergy Sotheby’s International Realty

Las Vegas’s housing market recovers from its losing streakFinancial Times

Blooming properties on the market in Connecticut, California and New York - The Wall Street Journal

Landmark Sotheby’s International Realty in North Carolina Joins the BrandSotheby’s International Realty

On the Market: A Contemporary Hudson, New York Home with Sweeping ViewsArchitectural Digest

Canadian Estate to List for $27.5 MillionThe Wall Street Journal

Unrestrained Modern HomesSothebys.com

Cowboy Spurs and Bowling Shoes in Santa Fe | House of the Day - The Wall Street Journal

Sotheby’s Sale Draws Cohen as Wynn Buys $28 Million ‘Popeye’ – Business Week

Warhol self portrait goes for US$30.1MCanoe.ca News

Sotheby’s Sells Record $141 Million in Jewelry AuctionBloomberg

Noma, Maybe the World’s Best Restaurant, Catered Sotheby’s Spring Auction – Vanity Fair