Table Of Content
- Southern California’s weird and wild real estate market: The priciest home sales of 2022
- 9505 Gloaming Drive, Los Angeles — $126 Million
- Quarter-acre property a 'whimsical environment'
- There's also a private nightclub on the premises...
- Versailles, Florida
- Secluded Spanish Villa in Los Angeles
- San Sylmar, California
The firm outfitted the home with over-the-top amenities, including a glass elevator, 175-foot swimming pool and 15-foot outdoor TV that rises from the ground. The median sale price of luxury homes, or those valued in the top 5% of the market nationally, hit an all-time high $1.23 million in the first quarter, an increase of 8.7% from the same period last year, according to an analysis by Redfin. After a years-long restoration, a concrete home designed by Moss, whose other works includes the Patent Office Building in Washington D.C.
Southern California’s weird and wild real estate market: The priciest home sales of 2022
And Queens Museum of Art, has re-listed for sale in Los Angeles at a reduced price of $10.95 million. By 1947, the hilltop complex dubbed "La Cuesta Encantada", Spanish for The Enchanted Hill, included a twin-towered main building, three sprawling guesthouses and approximately 127 acres of terraced gardens, fountains, and pools. The luxury real estate specialist previously had a hand in some of the first sales ever transacted in nearby Beverly Park, the ultra-exclusive guard-gated community where prices start in the $20-millions.
9505 Gloaming Drive, Los Angeles — $126 Million
The homes currently on the market by big-name architects range in price from less than $2 million to almost $50 million. The large masonry building, which was featured heavily in the movie Annie, was one of the last of its kind to be built before the Great Depression and was designated a National Historic Landmark in 1985 for its architecture. The architects were instructed to build "a house on the order of an English country gentleman...a thoroughly comfortable house, without the stiffness of the modern city house."
Quarter-acre property a 'whimsical environment'
Found in Madison, the 110-room Florham was built during the 1890s as a country estate for members of the Vanderbilt family. Reputed to have been the largest estate on Long Island when it was completed in 1897, Indian Neck Hall was designed as the home for Singer Manufacturing Company president Frederick Gilbert Bourne. Located in the Ozark Mountains, Pensmore, is one of the largest homes in the U.S., built for its owner, American multi-millionaire astrophysicist, Steven Huff. Completed in 1895, for New York State Bar Association founder Elliott Fitch Shepard's wife Maggie, the building was reportedly inspired by Kimberley Hall in England, the ancestral home of P.G Wodehouse. The epically proportioned property, which was designed by prominent American architect Horace Trumbauer when he was just 23 years old, was designated a National Historic Landmark in 1985 for its eclectic yet elegant designs. The sprawling estate houses one of the world's greatest car collections, which become known as the Nethercutt Collection.
The home sits on almost 55 acres and includes two master suites and kitchens. In a two-part, "world debut" tour of "The One" with film producer Michael Blakey and Niami published on YouTube in April, Niami says he first bought the land in 2012. Viewers can follow the two as they walk through the mansion's luxurious rooms, detail its featured artwork, and show off high-tech amenities. In contrast, the inventory of homes in the middle-third of the market fell 2.9% in the January-March period from a year earlier.
Versailles, Florida
When mortgage rates rise, they can add hundreds of dollars a month in costs for borrowers, limiting how much they can afford at a time when the U.S. housing market remains constrained by relatively few homes for sale and rising home prices. A Sullivan Canyon home designed by Cliff May, called "the father of the California ranch house" by the L.A. With four bedrooms and three baths, the 2,762-square-foot dwelling has numerous skylights, shiplap ceilings and terracotta tile floors. The building, which is reportedly still is under construction, boasts five-story-tall towers, 13 bedrooms and exterior walls 12-inches thick, which have been designed to survive earthquakes, tornadoes and even bomb blasts.
The current owners added a one-story office at the end of the original house that brings the home's current square footage to 2,292 with three bedrooms, a distinctive butterfly roof and original bluestone flooring. Many of these homes have been on the market for years, as luxury homes have become hard to sell. Previous reporting from Business Insider's Lina Batarags shows that customized houses - like many of the country's largest - are hard to sell as they include extremely personalized features that do not appeal to every buyer.
Inside the $30 million mansion for sale in Lake Geneva, the most expensive house on the market in Wisconsin - TMJ4 News
Inside the $30 million mansion for sale in Lake Geneva, the most expensive house on the market in Wisconsin.
Posted: Tue, 03 Oct 2023 07:00:00 GMT [source]
That’s the highest share of all-cash luxury home purchases in at least a decade and it’s up from 44.1% from a year earlier. The two-bed, two-bath home sits on a quarter-acre lot, and Putman boasted the gardens and terraces as a draw for potential buyers. Plus, it has a great view of the city, she said, making it the ultimate LA outdoor space. Designed by LA architect William King and built in 1982, the listing comes with several gathering spaces in and around the home, with charming gardens, a wraparound deck and a garage that could be used as studio space.
Listed for sale at $10.95 million by "ER" actress Nicole Nagel, the 5,500-square-foot home includes four bedrooms, five bathrooms, a lagoon lap pool and yoga space in Los Angeles. The three-story home has five bedrooms, eight bathrooms, an atrium garden, a movie theater, a wine cellar and a spa complete with saunas, hot and cold plunge pools and a massage room. Automated sliding doors open to patios and fire pits surrounding the swimming pool. According to the property's listing, the home was originally built as a family or corporate retreat. As a result, it includes an entertainment wing, multiple dining areas, and a 29-car garage.
The 44,000-square-foot property is driving distance to Manhattan and includes eight bedrooms and eight bathrooms. Currently on the market with The Julian Team of Compass, the property includes a private boat dock. The 43,000-square foot luxury home is newly rebuilt, and it includes parking space for up to 80 cars when entertaining. According to the compound's Zillow listing, the luxury home includes approximately 20,000 square feet of entertainment space alone. Small homes may continue to rise in popularity, but bigger will always be better for the most luxurious end of the real estate market. When your budget has no bounds, you can afford endless space for you, your family and your helicopter.
Mar-a-Lago was purchased in 1985 for a reported $10 million by Donald Trump, who converted the estate into the Mar-a-Lago Club, while maintaining private quarters in a separate, closed-off area of the grounds. Set on more than six acres, the estate is in Beverly Park, a star-studded neighborhood that regularly sees sales north of $30 million. In February, Sylvester Stallone sold his home there to Adele for $58 million. Mark Wahlberg’s mega-mansion — an amenity-loaded compound complete with a golf course, skate park and grotto — just surfaced for sale at $87.5 million in Beverly Park. Oppenheim declined to comment on the seller, but records reveal that the home is owned by Tom Bilyeu, co-founder of the food company Quest Nutrition. He sold the company for $1 billion in 2019 and bought the mega-mansion shortly thereafter.
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