Penthouse Living | The High Life

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Gregg Lynn jokingly calls himself the penthouse whisperer.  But as the man behind a $28 million condominium sale that set a record in San Francisco, California, the moniker may be truer than it is funny for the Sotheby’s International Realty agent. It’s also a sign of the niche market’s strength and just how high buyers will go to nab sky high residences.

Penthouses are a floor apart and a world away. Buyers covet them. There are even magazines devoted to them. They’re more than the floor of a building. They represent a “tectonic shift of how people live luxuriously,” says Lynn. Layouts are typically more sprawling, finishes are more lavish and the views are as good as they get.

imagereader.aspx-15$3,500,000 USD | San Francisco, California | Sotheby’s International Realty – San Francisco Brokerage

It wasn’t always this way. A century ago top-floor units were cramped quarters with low ceilings usually designated for servants. These days, however, Lynn says, “the number one benefit on being on the penthouse level is higher ceilings.” They’re about a foot and half higher than those of standard units. In penthouses with floor-to-ceiling windows, the effect of those bonus 18 inches is all the more extraordinary.

The size of the penthouse, the pedigree of the building and the landmarks within its view dictate price. A rooftop residence that looks out onto the Statue of Liberty in New York, the Sydney Harbor Bridge in Australia or Alcatraz Island in San Francisco is guaranteed to turn heads and boost prices.

imagereader.aspx-16$2,795,000 USD | San Francisco, California | Sotheby’s International Realty – San Francisco Brokerage

Oversized penthouses are also an attractive option for empty nesters coming out of large private residences, according to Mary Lin of Sydney Sotheby’s International Realty. Sellers are “getting record prices” for their homes and opting for a low maintenance “lock up-and-go lifestyle,” she says. Sydney’s “uberluxe” market is not limited to affluent Australians. The city is making a showing alongside real estate powerhouses like LondonNew YorkHong Kongwith the “prestige” market buoyed by international buyers looking to purchase in Sydney’s blue chip developments.

imagereader.aspx-17Price Upon Request | Sydney, New South Wales, Australia | Sydney Sotheby’s International Realty 

For some buyers, investing in such exclusive residences is part of a long-term wealth management strategy.

From Skiing to Yachting, LIVE the life you’ve always dreamed

Penthouses represent a specific market niche. Rarity sells. Their limited availability and one-of-a-kind layouts are the reason these trophy assets have fetched newsworthy prices. In the arms race of ultra luxury condominiums, where amenities include wine rooms, private roof decks, libraries and more, penthouses have topped the nine-figure mark.

imagereader.aspx-18Price Upon Request | Sydney, New South Wales, Australia | Sydney Sotheby’s International Realty

Along with the cache of perks is the cachet that goes along with a residence in the clouds. Just pressing the PH elevator button—no unit number required—has the subtle but powerful impact of pulling out a Black Card from one’s wallet.

Penthouse buyers are a demographic unto themselves. Fifty percent would never consider living on a floor other than the top level, says Lynn. “They only want to live on the best blocks in the best buildings and have the best units in those buildings.”

Experience Penthouses for sale from around the world on sothebysrealty.com

Article provided by Iyna Bort Caruso exclusively for sothebysrealty.com 

Posted on October 9, 2017

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Virtual Reality Tour of the Month: Bright Timeless Estate in Wellesley, Massachusetts

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Explore homes from around the world from the comfort of yours with our virtual reality tour of the month.

$4,395,000 USD | Wellesley, Massachusetts | Gibson Sotheby’s International Realty
This exquisite, light-filled five-bed, five-and-one-half-bath home is sited on a rare three-acre plot. Meticulously designed to blend the home’s elegance with its natural setting, the residence features a Chef’s kitchen with a dining area, Rocky Mountain alderwood cabinetry and a Pennsylvania River Rock fireplace. Additional features include an expansive lower level gym, rec room, au-pair suite, and expansive meadow views.

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Life in a College Town

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For residents of college towns, the attraction isn’t just about an allegiance to a school but an affinity for a community that has an impressive mix of characteristics: large city offerings and small town spirit.

Universities contribute to the intellectual and cultural life of a region by offering lectures, concerts, culinary and literary options. Then there’s the sports component, both as spectator and participant. Where young people are, biking, hiking, jogging and other recreational activities follow. Active retirees are especially drawn to lifelong learning opportunities. Many institutions offer discounts for the use of sports facilities, courses and plays. What’s more, universities with medical schools translate into excellent health care options.

From an investment prospective, college towns are known for their resiliency. For one thing, they often draw major employers to the area and, at the same time, support a flourishing start-up scene. Entrepreneurs are known to thrive in such environments.

Ohio1$2,999,000 USD | Columbus, Ohio | Street Sotheby’s International Realty

Columbus, home to Ohio State University (OSU) with an enrollment of nearly 60,000 according to school figures, is an example. The institution churns out thousands of graduates each year, many of whom stay in the area, says Scott Street of Street Sotheby’s International Realty. “Corporate entities have taken note and many have chosen to relocate to Columbus. The tech startup and entrepreneurial scene has also caught on in recent years, and millions of dollars in seed money are helping grow companies and jobs in and aroun
d the OSU campus.”

Experience enthralling luxury lifestyles on the Extraordinary Living blog

A stable economy bodes well for the housing market. Even in down markets inventory is tight. Property owners in the rental pool can count on consistent student demand, though turnover is high.

Ohio2$430,000 USD | Columbus, Ohio | Street Sotheby’s International Realty

But plenty of people are settling in themselves. Recent grads-turned-first-time homeowners as well as professors, researchers and administrators who want a reasonable commute find a lot to love about collegiate living. “Part of the reason Ohio State is able to pack Ohio Stadium, The Horseshoe, with 100,000-plus people every weekend during football season is because the alumni stay close to home. Many graduates settle in the surrounding suburbs, which are all less than a 20-minute drive to campus,” Scott says.

Austin1$1,857,000 USD | Austin, Texas | Kuper Sotheby’s International Realty

Austin, home of flagship campus of the University of Texas, also boasts one of the country’s largest student bodies at more than 51,000. “There’s so much going on in the area and at the university,” says Mike Vilece of Kuper Sotheby’s International Realty. “There’s no limit to what you can get out of the city. You could be out in the Hill Country or be next to 100,000 of your closest friends on a Saturday for a football game.”

Austin2$6,950,000 USD | Austin, Texas | Kuper Sotheby’s International Realty

Alumni, including empty nesters and baby boomers, returning to settle down are finding a different Austin than they experienced during their school years. “A lot of people can’t believe how the city has changed over the years,” says Vilece. “It’s not the city it used to be as far architecture and construction. New buildings are popping up everywhere, but the culture and vibe are still alive and well.”

Discover homes in college and university communities around the world on sothebysrealty.com

Posted on September 18, 2017

Article provided by Iyna Bort Caruso exclusively for sothebysrealty.com.

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Oktoberfest in Munich

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Since 1810, Munich, Bavaria, Germany has played host to Oktoberfest – the world’s largest “Volksfest,” or traveling funfair and beer festival. Millions of people from around the world travel to the Bavarian capital for the over two-week-long celebration to enjoy millions of liters of special Oktoberfest Beer, food, and festivities; the special beer is brewed within Munich city limits and conforms to the strict “Reinheitsgebot,” sometimes referred to as the “German Purity Law.”

The traditions and celebrations of Oktoberfest are now enjoyed the world over; inspiring unique beers, events, and cuisine far from Germany and the festival’s roots. Just in time for this year’s Oktoberfest, which runs from September 16 – October 3, let’s explore five homes in Bavaria.

Bavaria01.190.000 € EUR | Bavaria, Germany | Munich Sotheby’s International Realty

This historic country house with guest house is situated on an exceptional plot in a dreamlike and quiet location. Close to the forest, with a unique view of the breathtaking alpine scenery with the silhouette of the mountain Watzmann, this home sits on nearly 4,000 square-meters of land with 413 square-meters of living space.

Bavaria118.000.000 € EUR | Bavaria, Germany | Munich Sotheby’s International Realty

Striking and minimalistic, this home features remarkable open spaces that are both simultaneously intimate and perfect for entertaining. This energy-efficient, state-of-the-art masterpiece comprises 2,000 square-feet of living space, including an underground garage perfect for displaying an automotive collection.

From the Caribbean to the South Pacific, Experience Market Spotlights from Around the World

Bavaria24.800.000 € EUR | Munich, Germany | Munich Sotheby’s International Realty

Built in 2006, this timeless villa features authentic architectural design and state-of-the-art amenities throughout. Epitomizing “modern meets classic,” this home includes a refreshing indoor pool/spa area, an elevator with access to all floors, and a spacious kitchen, all while enjoying abundant natural light.

Bavaria34.150.000 € EUR | Bavaria, Germany | Munich Sotheby’s International Realty

The Lake Tegernsee country house in Rottach Egern, Bavaria is bright, classic escape tucked away into quiet nook of the region. Vibrant colors mix with design elements that call back to days’ past; the cobblestone driveway, sun-soaked gardens, and open fireplace are among these amenities. The home also features a dream-like swimming pool, sheltered terraces, a generous guest area and an elevator.

Bavaria41.450.000 € EUR | Munich, Germany | Munich Sotheby’s International Realty

“Living by Phillippe Stark” is one of the most exciting and exclusive residential projects in the city of Munich. This refurbished historical monument property with concierge service, spa and wellness area offers an international living standard at the highest level. An apartment equipped and furnished like a stately suite – this living space enjoys belonging to a noble and distinguished grand hotel.

Experience luxury homes all throughout Germany on sothebysrealty.com

Posted on September 14, 2017

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Three Homes Once Belonging to Campbell Soup Company Heirs

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Whether it’s the comfort offered in a classic flavor or a famed modernist masterpiece by Andy Warhol, the Campbell Soup Company and their iconic can are pop-cultural and culinary staples. The Dorrance family represents the heirs to the aforementioned household name brand and, as recently covered by Mansion Global  and The Wall Street Journal, three of the family’s homes have recently come to market in the Northeastern United States.

BirdHouse1$12,500,000 USD | Newport, Rhode Island | Gustave White Sotheby’s International Realty 

The first, known as “The Bird House,” is the former home Dorrance Hill Hamilton and can be found at one of the highest points in Newport, Rhode Island. State-of-the-art in every aspect, from geothermal heating and cooling to exquisitely crafted details and top-of-the-line amenities, the soaring two-story entrance hall and living room with floor-to-ceiling stone fireplace enjoy panoramic ocean views. 

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Dorrance, or “Dodo” as she was known by her closest friends, passed away this past April at 88. Before her death, she spared no expense to create a beautiful sanctuary using all that modern technology can provide including Tischler custom windows and doors, three-stop elevator, radiant heated floors, whole house generator, and exquisite landscaping.

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At nearly 10,000 square-feet of living space on over three-and-one-half-acres, the home bears it’s ornithological moniker from its many bird-inspired design elements throughout.

LindenHill1$16,500,000 USD | Gladwyne, Pennsylvania | Kurfiss Sotheby’s International Realty 

The second home, named “Linden Hill,” can be found in Gladwyne, Pennsylvania. Designed between 1928 and 1931 by Edmund B. Gilchrist for stockbroker Rodman Ellison Griscom, this French Norman-Style home was owned by the Dorrance family for over 50 years.

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Sprawling 67 acres, discover an initial courtyard formed by turreted caretaker’s quarters, a 10-car garage, stables and additional staff houses leads to the crest of a hill. At the end of a narrow-walled lane, the magnificent manor house reveals itself, a majestic example of inspired design of breathtaking scale and symmetry. Pass through the courtyard entry where brick chimney stacks on guest houses cleverly frame the main house, and behold a truly historic mansion, beautifully maintained with complete respect for its origins, yet offering every modern amenity. 

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Its grand-scale formal rooms offer elegant and easy, expansive or intimate entertaining spaces. Private quarters are equally inviting with family living quarters that accommodate guests for short-term or extended stays. Beyond the main house are two pools, a pool house, tennis court and a beautiful aviary, all set within absolutely stunning gardens and grounds.

Maine1$6,295,000 USD | Bar Harbor, Maine | The Swan Agency Sotheby’s International Realty 

Lastly, we find ourselves in Bar Harbor, Maine at “La Rochelle” – a captivating waterfront retreat and one of the village’s most treasured addresses. As covered in Mansion Global, the home is truly an iconic piece of Bar Harbor’s legacy.

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In the early 1940s, the home belonged to Tristram and Ethel Colket; before marrying Tristram, Ethel bore the surname Dorrance as she was daughter of John Thompson Dorrance, co-founder of the Campbell Soup Company. Built in 1902, this Georgian Revival masterpiece was the village’s first brick summer cottage.

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Looking out over Frenchman Bay, this sprawling home is an architectural and historic masterpiece; among its features are forty-one rooms in the 13,000 plus square-feet of living space, manicured gardens and lawn, and nearly three oceanfront acres.

On six of the Earth’s seven continents, discover exclusive tours of luxury homes on the Extraordinary Living blog

Posted on September 7, 2017

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Luxury Living | More Than Just a Place to Rest Your Head

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The modern world requires a lot from us; as reported by the BBC, we’re sleeping, on average, 20% less than we did 70 years ago. Our jobs, activities, and responsibilities keep our bodies and minds running in between our sleep cycles, but at the end of the day, our bedrooms are much more than a place to sleep. Recharge, relax, and lose yourself in these refreshing bedrooms from around the world.

Hawaii$26,995,000 USD | Makena, Hawaii | Island Sotheby’s International Realty

This home, perched on a lushly-landscaped one-acre parcel of land entertains endless Pacific Ocean views. With eight bedrooms and more than 10,000 square-feet of interior living, one can enjoy the true essence of Hawaiian indoor/outdoor living. The main home features a plethora of custom wood detailing, fountains, ponds, movie theatre, ocean views with privacy.

Bahamas$14,900,000 USD | Grand Bahama, Bahamas | Damianos Sotheby’s International Realty

Nandana, or ‘Paradise’ in the ancient tongue of Sanskrit, is a tropical hideaway beyond anything you have ever imagined. Set within an exclusive, gated enclave at the far West End of Grand Bahama island, this palatial and richly-appointed Asian style home is a luxurious and private waterfront estate on over two acres. This resort-inspired property is accessible by yacht and private aircraft via an adjacent 6,000-foot runway with Bahamian Customs and Immigration, only 60 miles from South Florida.

“My bedroom is my sanctuary. It’s like a refuge.” – Vera Wang

Greece12.000.000 € EUR | Mykonos, Greece | Greece Sotheby’s International Realty

Elysium – truly living up to its namesake, “a place of happiness” – offers spectacular views in a seafront setting. Located on a 4,000 square-meters of land, this secluded estate gives you astonishing 360 degree views of Mykonos. Designed by a well-known architect and inspired by the Ancient Greece Cycladic Architecture, Elysium is minimal and modern.

Singapore$13,000,000 SGD | Singapore | List Sotheby’s International Realty

Soaring high above Marina Bay, this duplex penthouse apartment is a gem inside of the Marina Bay Residences. Sleek, modern, and bright, this captivating living space features floor-to-ceiling windows with sweeping views of the bay and beyond, along with access to an outdoor terrace complete with a hot tub. The open floorplan’s flow and abundance of natural light is ideal for entertaining.

 

Posted on July 27, 2017

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The Sotheby’s International Realty Interactive Experience

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The landscape of how we interact with the world around us is in constant flux; every day, the connections we make with people, the tools we rely on, and even our homes find us utilizing more technology. Our digital touchpoints, the mobile devices, computers, and smart tech that surrounds us, helps us to navigate the world within our lifestyles. Whether it’s setting an important reminder, listening to music, or searching for your next home, it’s impossible to ignore the internet of things.

Sotheby’s International Realty on Apple TV

Families and individuals alike spend a large portion of time in front of their TVs; and with our screens getting smarter and more connected every day, we launched one of the first luxury real estate apps for Apple’s TvOS. Powered by the amazing visuals produced by the brand’s local affiliates the world over, the Sotheby’s International Realty Apple TV app has been created to take full advantage of the largest high-definition displays, allowing you to immerse yourself in the global reach of the Sotheby’s International Realty brand – a premium real estate experience unlike any other.

Discover more about the Sotheby’s International Realty Apple TV App

Matterport Virtual Home Tours

Virtual Reality is a concept that’s found itself leaping from the worlds of Science-Fiction and into our very real lives. As reported by Inman as a leader in this space, the addition of 3D and Virtual Realty (VR) tours to sothebysrealty.com was designed to create an immersive experience, allowing for personal tours of homes around the world. Experience homes online like never before, using the 3D view option and explore the entire home, or take advantage of the VR experience through a compatible mobile device such as iPhone or Android phones paired with a VR headset.Both the Sotheby’s International Realty Apple TV app and the VR tours on sothebysrealty.com allow you to experience homes from the comfort of your own – taking you and those with you on a previously impossible journey through homes all over the world.

Sotheby’s International Realty on YouTube

Video is an important form of media, and we’ve embraced it. As we reported last week, the brand’s YouTube channel celebrated a milestone as it reached 30 million video views – making it the most subscribed to and viewed real estate channel on the platform.

SIR Mobile

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More than half of home searches start on mobile devices; this makes perfect sense. Our phones (and tablets) travel with us everywhere we go and bridge most of our connections. SIR Mobile is our user-friendly GPS-enabled real estate listings app that brings our global collection of luxury homes and expert Real Estate Agents to the palm of your hand. Available on both the Google Play App Store and Apple’s App Store, this powerful mobile tool allows you to search for a new home wherever you are.

Explore luxury homes around the world on sothebysrealty.com

Posted on July 13, 2017 by Erik Weinbrecht

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Jacqueline Kennedy’s Historic Childhood Home in Virginia Listed for $49.5 Million

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One of the most beloved First Ladies and iconic historic figures, Jacqueline Kennedy Onassis’ childhood home is for sale in McLean, Virginia for $49.5 million.

Recently reported by The Wall Street Journal, America Online (AOL) co-founder Steve Case is listing Merrywood – the sprawling, seven-acre estate on the Potomac River with TTR Sotheby’s International Realty. Nestled in the Washington DC suburb, the estate reflects a storied history, serving as home to several of America’s most influential political and business leaders.

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As the childhood home of Jacqueline Kennedy Onassis, Merrywood was elevated to a position of prominence in the mid-1940s and has since continued to provide a celebrated venue to host presidents, business leaders, artists, and countless family celebrations.

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The exceptional brick and limestone main residence reflects the finest traditions of the Georgian Style. Inside, a gracious entry hall opens to public rooms scaled to accommodate both large gatherings and intimate family occasions. The interiors are the bespoke masterwork of renowned designer, Barry Dixon.

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The second-floor family quarters include an expansive master suite with his or her dressing rooms, a private study and an exercise room.

“I always love it so at Merrywood—so peaceful…with the river and those great steep hills,” – Jacqueline Kennedy Onassis (1944)

“I always love it so at Merrywood—so peaceful…with the river and those great steep hills,” – Jacqueline Kennedy Onassis (1944)

Four additional en-suite bedrooms grace this level. Upstairs, four bedrooms and three baths are comfortably scaled. On the lower level, there is an exceptionally fine, climate controlled wine cellar. An elevator services all four levels of the residence.

“I always love it so at Merrywood—so peaceful…with the river and those great steep hills,” – Jacqueline Kennedy Onassis (1944)

Outside, the formal gardens are reminiscent of the timeless work of celebrated 19th and 20th Century landscape architect, Beatrix Ferrand, reflecting a series of outdoor garden rooms for large scale entertaining, intimate al fresco dining, or simply relaxing and engaging the sweeping views.

Discover more of Merrywood on sothebysrealty.com

Posted on sothebysrealty.com on June 22, 2017

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Sotheby’s | The Amazing Story of Four Ancient Roman Statues

Find out how four ancient Roman statues found themselves overseeing decadent rock ‘n’ roll parties in Jamaica. Bought in 1968 by international jewellery dealers Doug and Diene Cooper to adorn their opulent villa in Montego Bay, the larger-than-life statues surrounded the swimming pool – scene of exclusive parties attended by illustrious high-society revellers. These splendid statues are highlights of Sotheby’s Ancient Marbles: Classical Sculpture and Works of Art sale on June 12 in London.

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New & Notable Luxury Properties For Sale | May 2017

From a 15-acre ocean-to-lake estate in Florida to a Mediterranean-Inspired vineyard in France, this month’s collection of exceptional properties for sale feature homes from some of the world’s finest locales.

Florida$165,000,000 USD | Manalapan, Florida | Sotheby’s International Realty – Palm Beach Brokerage

Gemini, a 15-acre ocean-to-lake estate, is a true family compound. The estate offers a 12-bedroom main residence; two four-bedroom beachside cottages; the seven-bedroom Mango House; and a guest or staff house comprising four studios and apartments. In total, there are more than 30 bedrooms, a series of formal and informal living and dining areas, a media room, libraries, offices, numerous terraces, an expansive wine cellar and two elevators. The centerpiece main residence offers 62,200 square-feet of living space with both ocean and lake views.

NewYork$65,000,000 USD | New York, New York | Sotheby’s International Realty – East Side Manhattan Brokerage

The Stanhope Penthouse is a five-bedroom penthouse duplex with spectacular terraces and captivating city views, bathed in extraordinary light. Perched high atop the Stanhope, this sun-drenched residence boasts tremendous garden-like terraces laid out by the brilliant landscape designer, Madison Cox. The triple mint condition aerie boasts an amazing 72 linear feet of frontage directly on Central Park and 10-foot high ceilings.

DubaiPrice Upon Request | Dubai, United Arab Emirates | Gulf Sotheby’s International Realty

This architecturally magnificent beach palace is located in the privately gated community, Palm Jumeirah. With over 46,000 square-feet of interior living space, this bespoke villa finds itself in a truly a special location, with the best beachfront available for a private residence in Dubai. The beachfront provides full ocean and skyline back to the Burj Al Arab and the Dubai Marina. The villa offers ideal spaces for entertaining, sunbathing and watersport activity.

St. BarthPrice Upon Request | Columbier, St. Barthelemy | St. Barth Properties Sotheby’s International Realty

This sprawling nine-bedroom, 10-and-one-half-bathroom estate, located in Colombier’s exclusive gated Domaine known as Les Étoiles, offers sensational views of the incoming yachts, Saba, Statia and the sunset. This very private property cascades down the hillside; it features a five-bedroom villa, a two-bedroom villa, a caretaker cottage and three swimming pools. La Grande Maison des Étoiles is the perfect choice for buyers seeking a very private, luxurious retreat.

France39.000.000 € EUR | Saint Tropez, France | Côte d’Azur Sotheby’s International Realty

Nestled in an exclusive, sought-after area, the Mas du Figuier is five minutes from the village of Saint-Tropez, the Place des Lices, the port, and the beaches of Pampelonne. With the architecture designed to blend the elegant interior with the olive, fruit and vineyard-rich exteriors, the Mas du Figuier offers a main residence of approx. 460 square-meters, a four-bedroom guest pavilion with its own swimming pool, a three-bedroom caretaker’s house, an independent wellness area, Pétanque field, and a tennis court among its amenities.

Discover New & Notable homes from around the world on klsir.com

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