luxury homes

4 01, 2017

Rita Wilson and Tom Hanks Sells Two of Their Luxury Properties

By | 2017-01-25T03:55:43+00:00 January 4th, 2017|luxury homes|3 Comments

Hanks and Wilson purchased the two properties in 2003 and 2007 for somewhat over $13 million.

They likewise allegedly claim a third adjoining property on a similar road, however they’re not selling that one.

They intend on selling the properties separately or as a combo property for $18 million.

1213 Amalfi Drive

1223 Amalfi Drive

Tom Hanks and Rita Wilson Selling Side-by-Side Properties for $18M

Actors Tom Hanks and Rita Wilson are selling their side-by-side estates in the Palisades Riviera area of Pacific Palisades, the Los Angeles Times reports. Home No. 1—located at 1223 Amalfi Drive—is the smaller of the two properties on the desirable “Amalfi rim.”… Read more at Realtor.com

Pacific Palisades is formally established in the 1920s by a Methodist association, in the years since has additionally been a position of haven for Jewish specialists and intellectuals and escaping the repulsions of the Third Reich, and later for famous people and celebrities that wants privacy.

pacific_palisades

Neighborhood Spotlight: Pacific Palisades

Seaside living: Wherever you are, you’re going to enjoy the benefits of coastal living, including cool sea breezes, easy access to the beach and plenty of spectacular sunsets.

Village feel: It’s only one portion of the Palisades, but the walkability and small-town feel of the Village and adjacent Alphabet Streets and Huntington Palisades neighborhoods is a… Read more at LA Times

24 12, 2016

Latest Luxury Properties for Sale Around The World

By | 2017-01-25T03:59:18+00:00 December 24th, 2016|luxury homes|2 Comments

From a fabulous waterfront luxury retreat home in Puerto Vallarta to a soaring luxury penthouse in Australia, these are some of the newest and latest collection of exceptional luxury properties for sale worldwide.

Mexico

New & Notable Luxury Properties for Sale

This walled estate has been host to dignitaries, corporate executives, and a myriad of celebrities and Hollywood’s elite. Currently, the property consists of the main flagship casona, Villa Verano, and three brand new luxury ocean side villas, along with the common facilities that make up the Puerto Vallarta Beach Club. An extremely unique property on the… Read more at Sotheby’s International Realty

Some of the world’s cities’ luxury home prices have settled down in recent weeks as some governments tightened their tax nets to slow down the rise of luxury home prices. Offshore investors and expats are the main reason for the rising luxury home prices in many countries because mostly they have the cash to outbid local investors and home buyers.

Mediterranean Luxury Home in Coronado

Luxury House Prices Cooling Around The World

Average luxury homes increased in value by 3.8% in the year to the end of September, according to international property consultants Knight Frank.However, prices 18 of the 37 cities monitored for the firm’s Prime Global Cities Index experienced slower growth than in earlier quarters. Five of the most popular world cities all experienced a… Read more at iExpats.com

22 12, 2016

$13M Chicago Luxury Home in Need of Renovations

By | 2017-01-25T04:05:34+00:00 December 22nd, 2016|luxury homes|1 Comment

This $13 million luxurious mansion is Chicago’s most expensive luxury home listing, but more than the price tag the buyer should consider that this mansion needs some renovation once it’s bought.

The luxury home is situated in the prestigious part of Lake Shore Drive. This Chicago mansion has been the headquarters of the International College of Surgeons for 65 years.

chicago's most expensive home

Chicago’s Most Expensive House Is a $13M Mansion in Need of Renovations

Behind the four-story home’s 10-foot-tall, wrought-iron doors you’ll find marble staircases, stained-glass windows, marble archways, nine fireplaces, intricate moldings, and herringbone-patterned hardwood flooring. Outside, there’s a 2,400-square-foot, two-story coach house and clear views of Lake Michigan. The top two floors are currently used as office and… Read more at Realtor.com

Home sales in the Chicago area worth $1 million or more, decreased by 2% during the third quarter, a few moments before the Chicago Cubs’ historic win. Luxury home sales rose 5.5%, to 420,  compared to the same quarter last year.

chicago-luxury-home

Luxury Real Estate in Chicago Suburbs Outperforms the City

The cooler market is due in part to the large stockpile of luxury homes in the Chicago area, said Jack Kreider, executive vice president and regional director of RE/MAX Northern Illinois, in a statement. By the end of September, inventory of $1 million-plus homes had risen 23%, to… Read more at Mansion Global

1 12, 2016

Ellen DeGeneres Sells Her Luxury Home… Again!

By | 2017-01-18T16:26:10+00:00 December 1st, 2016|los angeles, luxury homes, luxury real estate|4 Comments

Ellen DeGeneres sold the very same luxury home in Hollywood in 2007 for $10 million, then bought it back in 2014 for $8.75 million. Then again, sold it for $9.9 million to Barry Schwartz, co-founder of  Calvin Klein Inc.

Ellen DeGeneres at Finding Dory premiere

Second Time Around: Ellen DeGeneres Sells Hollywood Hills Home Again

Will it go round in circles? In the case of the home-flipping habits of Ellen DeGeneres, yes. DeGeneres made the market spin again with the sale of a Hollywood Hills West home that she’s now sold for a second time, the Los Angeles… Read more at Realtor.com

Ellen is now considered as one of Hollywood’s biggest celebrity home flippers, over the previous decade she already owned and sold seven luxury properties.

She had a $1.2 million tree house, a $12 million Malibu beach luxury estate and a luxurious mansion priced at $40 million that she flipped and already sold for a $15 million profit.

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Ellen DeGeneres Flips Homes and Makes Millions: A History and a Hushed Sale

Ellen DeGeneres shines in the spotlight most notably as a talk show host who enjoys gifting her guests with swag featuring her face on it. But, most of her personal life remains low-profile. In an off-market deal, DeGeneres and her wife Portia just sold their Hollywood Hills home for $9.9 million… Read more at Forbes

 

25 11, 2016

Tennis Legend Ivan Lendl Offers Connecticut Luxury Estate For $19.8M

By | 2017-01-18T16:26:15+00:00 November 25th, 2016|luxury design, luxury homes, luxury real estate|0 Comments

Tennis extraordinaire Ivan Lendl has recommitted to coaching the recent Wimbledon champ Andy Murray, and he’s recommitted to offering his luxurious Connecticut estate for $19,750,000.

The 8-time Grand Slam champion had beforehand recorded the 450-section of land property in 2014 at a similar price tag.

Ivan Lendl manor house

Tennis Titan Ivan Lendl Serves Up His $19.8M Connecticut Estate

There’s no doubt they’ll miss driving down a tree-lined lane, through meadows and pastures, to reach the entrance to their 25,000-square-foot mansion with 10 bedrooms,12 bathrooms, and three half-baths. The grand rooms, including a ballroom-size living room, feature polished wood plank floors, ornate custom molding and wainscoting, crystal… Read more at Realtor.com

This luxurious mansion is fit for a world-class champion athlete, it has sports amenities which include a lower-level gym of more than 1,800 sq. ft., a basketball court and a separate tennis court, a workout room with sauna, indoor and outdoor pools, and a game room.

tennis_legend_ivan_lendl_offers_connecticut_luxury_estate_for_19-8m

Buy Ivan Lendl’s 450 Acre Connecticut Estate For Just $19,750,000

Are you looking for your forever home? Can you afford a $79,000 mortgage payment — per month? Yes? Ivan Lendl has just the place you’ve been looking for. He has returned to the real estate world with his 450-acre Connecticut estate that has been on-and-off the market over the years. The new price is just $19,750,000. Before you freak out… Read more at Busted Coverage

 

17 11, 2016

Luxury Home for Sale on the Miracle Mile in Los Angeles

By | 2017-01-18T16:26:18+00:00 November 17th, 2016|los angeles, luxury homes, luxury real estate|1 Comment

Checkout more on this luxury home for sale located at 405 N. Kilkea Dr. Los Angeles, CA 90048 here.

The Diditan Group is a premier residential home builder and developer with over 15 years of experience.

Checkout our G+ Portfolio Collection: https://plus.google.com/+Arieabekasis/collections

Find out what others are saying about us: https://www.youtube.com/watch?v=W3Bm0l256vM

History of Miracle Mile Los Angeles 90048

 The Miracle Mile district during the early 1960s

In the early 1920s, Wilshire Boulevard west of Western Avenue was an unpaved farm road, extending through dairy farms and bean fields. Developer A. W. Ross saw potential for the area and developed Wilshire as a commercial district to rival downtown Los Angeles.

The Miracle Mile development was initially anchored by the May Company Department Store with its landmark 1939 Streamline Miracle Mile Los Angeles 90048Moderne building on the west and the E. Clem Wilson Building on the east, then Los Angeles’s tallest commercial building. The Wilson Building had a dirigible mast on top and was home to a number of businesses and professionals relocating from downtown.

The success of the new alternative commercial and shopping district negatively affected downtown real estate values and triggered development of the multiple downtowns which characterize contemporary Los Angeles.

Ross’s insight was that the form and scale of his Wilshire strip should attract and serve automobile traffic rather than pedestrian shoppers. He applied this design both to the street itself and to the buildings lining it. Ross gave Wilshire various “firsts,” including dedicated left-turn lanes and timed traffic lights, the first in the United States.

He also required merchants to provide automobile parking lots, all to aid traffic flow. Major retailers such as Desmond’s, Silverwood’s, May Co., Coulter’s, Mullen & Bluett, Myer Siegel, and Seibu eventually spread down Wilshire Boulevard from Fairfax to La Brea.

Ross ordered that all building facades along Wilshire be engineered so as to be best seen through a windshield. This meant larger, bolder, simpler signage and longer buildings in a larger scale. They also had to be oriented toward the boulevard and architectural ornamentation and massing must be perceptible at 30 MPH (50 km/h) instead of at walking speed.

These building forms were driven by practical requirements but contributed to the stylistic language of Art Deco and Streamline Moderne.

The 1939 Streamline Moderne May Company Building marks the western border of the Miracle Mile and “Museum Row”.

Ross’s moves were unprecedented, a huge commercial success, and proved historically influential. Ross had invented the car-oriented urban form — what Reyner Banham called “the linear downtown” model later adopted across the United States.

The moves also contributed to Los Angeles’s reputation as a city dominated by the car. A sculptural bust of Ross stands at 5800 Wilshire, with the inscription, “A. W. Ross, founder and developer of the Miracle Mile. Vision to see, wisdom to know, courage to do.”

As wealth and newcomers poured into the fast-growing city, Ross’s parcel became one of Los Angeles’s most desirable areas. Acclaimed as “America’s Champs-Élysées,”[1] this stretch of Wilshire near the La Brea Tar Pits was named “Miracle Mile” for its improbable rise to prominence. Although the preponderance of shopping malls and the development in the 1960s of financial and business districts in downtown and Century City lessened the Miracle Mile’s importance as a retail and business center, the area has retained its vitality thanks to the addition of several museums wilshire blvd in the miracle mile los angeles 90048
and commercial high-rises.

An Art Deco style bank at 5209 Wilshire was built in 1929, and joined a select other Miracle Mile buildings when listed on the National Register of Historic Places. It was designed by the architecture firm of Morgan, Walls & Clements, which also designed the Wiltern Theatre, the El Capitan Theatre, and other notable buildings in Los Angeles.

Note: According to historian David Leighton, of the Arizona Daily Star newspaper the Miracle Mile in Tucson, Arizona derives its name from Los Angeles’ Miracle Mile.

Attribution goes to Wikipedia for the History of Miracle Mile 90048

Follow the Zillow link here: http://goo.gl/xakcNa to checkout more on luxury homes for sale in the Miracle Mile Los Angeles 90048.

 

2 11, 2016

Underground Los Angeles Mansion Is No Prepper Palace

By | 2017-10-15T09:48:12+00:00 November 2nd, 2016|luxury builders, luxury design, luxury home builders, luxury homes, luxury real estate|2 Comments

 

Hacienda de la Paz estate

A work of art perched high above LA with unobstructed 180-degree views stretching from Santa Monica Bay, the Westside, and Downtown L.A. to the San Gabriel Mountains

Hacienda De La Paz

Listed by Christophe Choo of Coldwell Banker Previews International in Beverly Hills at $48 million.


Hacienda de la Paz is an awe-inspiring work of art and engineering. Positioned in L.A.’s preeminent equestrian community, the authentic Spanish estate is the only U.S. residence designed by world-renowned architect Rafael Manzano Martos. 17 years in the making, this private palace is perched 1100 ft. above L.A. at the crest of the Palos Verdes Peninsula in the 24 hr. guard-gated city of Rolling Hills; one of the safest and wealthiest cities in America.

Breathtaking and unencumbered 180-degree panoramic vistas encompass the beaches, downtown and the San Gabriel Mountains. Amenities include a 10,000 sq. ft. hamam spa fit for a king, 15,000 sq. ft. neoclassical grand ballroom, 2 tennis courts; indoor hard court & outdoor clay court, 2 swimming pools; indoor & outdoor, access to 57 miles of equestrian & hiking trails, guesthouse, bocce court, gym, yoga room, wine cellar, catering facilities, geothermal heating & cooling system, elevators, 6 car garage and motor court. Approx. 8 acres.

Hacienda de la Paz is the most misunderstood mansion in Los Angeles. When people hear that 31,000 of its 51,000 total square feet are underground, they assume it’s a bizarrely built bomb shelter. Not so, dear reader. But there is a pragmatic reason for its subterranean sprawl: local politics.

The estate is located in one of the wealthiest suburbs of L.A., a gated hilltop called Rolling Hills, where zoning restrictions prohibit homes taller than one story, so as not to block pristine ocean views.

To comply, owner John Z. Blazevich spent 17 years excavating downward to create his dream estate, which includes nine bedrooms, 25 bathrooms, a guesthouse, two tennis courts, and two pools.

Envisioning an Andalusian-style country estate similar to those in Cordoba or Seville at the turn of last century, Blazevich hired architect Raphael Manzano Martos, who restored a number of Spain’s grand palaces and served as curator to Spain’s King Juan Carlos. The regal result is the only private residence Manzano Martos ever designed in the Americas.

Hacienda de la Paz gardens
Gardens

realtor.com

There’s also a 10,000-square-foot underground hammam, or spa, and a 15,000-square-foot indoor tennis court that doubles as a ballroom.

Hacienda de la Paz hammam
Hammam

realtor.com

Thousands of international craftsmen were employed to make the dream a reality, including one painter who lived and worked on-site for a decade. Three hundred Moroccan tribesmen worked on the intricately carved sandstone ceiling, archways, and capitals in the hammam. Artisans from Spain created the wooden interlocking ceilings, masons from Portugal worked on the limestone bricks in the driveways, and Spanish and Indian silk and wool experts wove the custom carpets.

For some people, the joy is in the process, not the product. Once his dream was gloriously complete down to the last Valencia orange tree, Blazevich put the 8-acre estate on the market. Listed for $53 million a few years ago, the asking price was dropped to $48 million a couple of weeks ago.

However, when you actually tour the grounds, as we did (covering only part of it over three hours), you begin to realize that it’s nearly impossible to put a price on it. We’ve highlighted a few of our favorite features.

Everything the most committed foodie could desire

Blazevich is a seafood magnate, and his fiancée, Alexandra McLeod, graduated from Le Cordon Bleu. So Hacienda de la Paz is equipped with four kitchens and two kitchenettes; several outdoor food prep spaces, one with a pizza oven; facilities for pressing oil from olives harvested on the property; and more than 100 fruit trees, including lemons, oranges, avocados, figs, and, of course, olives. There’s also a large vegetable garden, and herbs are planted around the estate, even between the steppingstones, so their fragrance will rise to greet you as you stroll the grounds.

Hallway

realtor.com

Iconic craftsmanship and artwork

There are many nods to the Catholic Church, but they are more artistic and whimsical than devotional. In the ladies’ guest bathroom on the ground floor there’s an ornately carved confessional door between two stalls, perfect for chatting. There’s also a chapel with hand-painted murals and a confessional, meant for reflection and meditation rather than ceremony. These features keep with the theme of a true Andalusian estate, which historically would have accommodated a priest in residence.

Surprisingly sustainable energy sources

Heating and cooling systems run on geothermal power, which also heats the hammam pool. Blazevich says he has reduced his energy bill and carbon dioxide emissions by 65%, compared with a conventional HVAC system. And because designers used the same classical techniques employed in Andalusia’s great estates—sturdy adobe walls and carved wooden screens covering most of the windows—the air-conditioning system is hardly ever used.

Hacienda de la Paz ballroom/tennis court
Ballroom and tennis court

realtor.com

A-list fundraising facilities

Millions of dollars have been raised at charity events held in the subterranean marble ballroom (which is also a tennis court) built into the side of the hill, which has vehicle access for deliveries and exotic autos to be displayed. The 10,000-square-foot hammam with whirlpools, massage rooms, and tearooms with silk-lined walls is perfect for “ladies’ day” fundraisers. The rest of the grounds can accommodate hundreds of people at a time.

Hacienda de la Paz guest bedroom
Guest bedroom

realtor.com

So with all these custom, luxurious features, why the heck would the owners want to part with it?

“It’s a little big for just the two of us, don’t you think?” Blazevich asks, explaining that now that his son has left the nest and the artisans have completed their work and gone home, the facilities don’t get used as much as they deserve. Blazevich and McLeod are ready to move on and spend more time with family in Croatia.

The property is so accommodating, a multitude of possible uses comes to mind: an arts retreat, a foundation headquarters, or perhaps the bastion of one of the world’s great families. We’ll keep you posted.

Pool

realtor.com

The post This Sumptuous Underground L.A. Mansion Is No Prepper Palace appeared first on Real Estate News and Advice – realtor.com.

10 10, 2016

Top Luxury Homes For This Week

By | 2017-01-18T16:26:45+00:00 October 10th, 2016|luxury homes, luxury real estate|2 Comments

Top stories this week on luxurious estates, homes and properties.

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Price Upon Request | Venice, Italy | Venice Sotheby’s International Realty

“Just in time for the Venice Film Festival, a former vacation home of film actress Sophia Loren has come up for sale in Venice, Italy, for about $6.6 million.”

Former Venice, Italy, Vacation Home of Sophia Loren Seeks $6.6 Million – Los Angeles Times

Retired NFL Quarterback Drew Bledsoe Cuts Price of Oregon Home – Wall Street Journal

5 Up-and-Coming Neighborhoods in Denver to Look for a Home – U.S. News & World Report

Homes that Blur the Line Between Indoors and Out – Architectural Digest

Five Canalside Properties for Sale – Financial Times

Frank Lloyd Wright Inspires Estate in Wine Country – SF Gate

Mucinex’s John Q. Adams Sr. Seeks $16 Million for Colorado Property – Wall Street Journal

House Hunting in… the Bahamas – The New York Times

A Colorado Contemporary with Rocky Mountain Views – Mansion Global

A 19th-Century Island Home in South Carolina – Wall Street Journal

A Lovely, Expansive Home in the Art Village Wants $3.36M – Curbed Hamptons

For Curb Appeal and Making Impression, a Palace Suffices – The New York Times

Modern and Charming: These Country Mansions are the Best of Both Worlds – Elle Decor

Muskoka, Canada’s Vacation-Home Haven, Gets a Modern Makeover – Wall Street Journal

Sotheby’s is Now Streaming the World’s Best Galleries into Your Living Room – The Memo

Luxury Real Estate Headlines: First Week in September 2016 published first on Sotheby’s International Realty | Blog.

 

7 10, 2016

Modern World Luxury Home Interiors

By | 2017-01-18T16:26:50+00:00 October 7th, 2016|luxury design, luxury homes|0 Comments

In the case that you turn into a mogul soon, you might want to own a luxury home with amazing architecture and fabulous interior design.

The vanity that is yelling withing you should have extravagance considered on top of it.
alabama

Luxury Living | Modern & Contemporary Interiors

With the use of glass, steel and concrete along with imaginative, striking lines, modern and contemporary interiors are bright and inviting spaces. Join us on a trip around the world as we experience some of the most captivating and inspiring modern and contemporary interiors from… Read more at Sotheby’s International Realty

Cutting edge, contemporary architecture keeps on getting our consideration and core interest. Today let’s get a glance at some of the most luxurious homes with stunning architecture and interior design that we’ve seen in for a moment.

Luxury Home Interiors

Luxurious Houses With Stunning Architecture And Interior Design – 73 Photos

Seeing pictures of nice big houses all day is inspiring, I know. It makes you wonder about how it is to own one of these pretty big houses, and not just dream of these luxury home interiors… See more at Design Your Way

5 10, 2016

Luxury Estate For Sale This Week: Upscale Washington D.C. Home

By | 2017-01-18T16:26:55+00:00 October 5th, 2016|luxury homes, luxury real estate|1 Comment

Highlights from the current week’s top news stories on luxurious estates and properties, art, collectibles and home.

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$9,995,000 USD | Washington, District of Columbia | TTR Sotheby’s International Realty

“This home is less than three blocks from the neighborhood epicenter of Wisconsin Avenue and M Street NW. Originally built in the 1960s, the renovating architects secured the necessary approvals to make structural changes to the home, which led to its $8 million renovation in the early 2010s.”

In Washington, D.C., a Townhouse Transforms into a Futuristic Playground – Mansion Global

For Sale: Five Unusual Home Conversions – Financial Times

When Selling a New Penthouse, Timing is Money – Mansion Global 

Among the Bright Lights of Times Square – The New York Times

This $3.4 Million Florida Home Has a Musical Pedigree – Architectural Digest

How Food Festivals Sell Homes – Wall Street Journal

Chinese Buyers are Snapping Up Luxury Condos in Boston – Mansion Global

10 Dream Penthouses that take City Dwelling to a Whole New Level – Elle Decor

Woolworth Building Unveils New Look at its Luxe Condos – Curbed

Rare Chinese Teapot from Qianlong Dynasty Sells for £2.6 Million – Daily Mail

The post Luxury Real Estate Headlines: Third Week in September 2016 appeared first on Sotheby’s International Realty | Blog.