Mar 14, 2016
(PALM BEACH, FL) They’re not building any new oceanfront. That scarcity of oceanfront properties, along with increasing wealth for those at the upper reaches of society, are fueling record mansion prices in Palm Beach County. According to the Palm Beach Post, an oceanfront mansion sold earlier this month for $34 million, shattering Delray Beach’s previous record price by $15 million, a contract for a $59 million mansion was signed in Palm Beach, and a mansion in Ocean Ridge sold for $13.6 million, eclipsing that town’s previous record of $9 million. This past summer, a $33 million deal in Manalapan and a $38 million sale on Jupiter Island set new records for oceanfront mansions in those communities. Despite those record prices, not everything on the water is selling easily. Greg Norman’s Jupiter Island estate has lowered its asking price to $55 million after failing to sell at $65 million and pop star Celine Dion has dropped her oceanfront estate to $45.5 million, $27 million less than the original list price. And you’ll never guess who holds the record for an oceanfront mansion in Palm Beach County. None other than Donald Trump, who sold his mansion for $95 million in 2008.
Mar 11, 2016
(LA QUINTA, CA) Spieth, Mahan, Bubba, Crenshaw, DJ. Now Fred Couples. The list of golfers who have put their homes on the market this past year keeps growing. Couples’ home made the news this week as he put his four-bedroom La Quinta estate back on the market for $3.95 million. For those keeping track, that’s a quarter-million dollars lower than 2011 when the home was last on the market. So, if you’re in search of a deal, here’s what you’ll get: a 5,173-square-foot home at the prestigious Madison Club, two master bedrooms (one described as breezy and romantic), outdoor kitchen, pool, and spa. And in this case, you can really live like Freddy: The home is offered fully furnished. If you’re curious what it costs to live like him, here’s the math—the monthly payment on Couples’ home would be $15,747, assuming a 20 percent down payment with a 30-year-fixed mortgage, according to Zillow’s Mortgage Marketplace. But you can take solace that Couples isn’t going far. Reportedly, he’s building a bigger home in the same development.
Mar 09, 2016
(PARK CITY, UT)– A record number of qualified bidders pushed the auction price of a sophisticated mountain retreat in Park City, Utah, to $4.2 million when Heritage Luxury Real Estate Auctions offered the prime estate at a no reserve auction. At stake, was a custom-designed, ski-in/ski-out 7,900-square-foot home with five bedrooms, eight baths, five fireplaces, an elevator, full-swing golf room, and a heated three-car garage on six acres. Just steps away from the Alpenglow Ski Run, the property came with a heated driveway and walkways, along with some pretty spectacular mountain views. Using non-traditional marketing methods and connecting with Heritage Auctions’ over 950,000+ online bidder members, interest in the property reached as far as The Middle East and across North America, says Nate Schar, Director of Heritage Luxury Real Estate Auctions. The home’s dedicated website received more than 18,500 visits and staff hosted more than 30 previews. Come auction day, a great room full of bidders helped push the price upwards.
Mar 07, 2016
(DANIEL ISLAND, SC) One of the great things about Daniel Island is that its small town setting is so temptingly close to downtown Charleston, one of the most enjoyable cities anywhere. The charm of island life is about to get even more attractive for a lucky few. Daniel Island has introduced the deepwater-oriented homesites of Fish Tale Island, a spectacular and very private enclave of just seven homesites located on the northwestern edge of Daniel Island Park, the island's golf and country club neighborhood. Along with a collection of homesites within in neighboring Ralston Grove, these two new neighborhoods represent among the island’s best and last homesites. A short bridge connects Fish Tale Island with the neighboring Ralston Grove neighborhood and nearby Daniel Island Club golf courses and clubhouse. On Fish Tale Island you’ll be rewarded with expansive views of Beresford Creek and the marsh, along with direct access to Beresford Creek via deepwater docks.
Mar 04, 2016
(KIAWAH ISLAND, SC) As if life on Kiawah Island wasn’t special enough, yesterday they debuted Ocean Park's first built-for-you neighborhood, Marsh Walk, with homesites overlooking broad marshland and the front nine holes of The Ocean Course and the Atlantic Ocean beyond. The neighborhood will be the only place on Kiawah where residents can enjoy a view of the marsh, rivers, creeks, beach, ocean, and golf. Marsh Walk's light-filled homes, they say, will invite sea breezes, tree-dappled sunlight, and carefree living inside. Just steps away from The Marsh House, the intimate community will feature four floor plans, each designed by a renowned local architect exclusively for Kiawah Island Real Estate. The streamlined building process has been designed to make moving in simple, and the homes have been designed to make living easy. You can choose from three or four bedrooms, plus a swing space, in up to 3,200 heated square feet. They had us at “overlooking the front nine of The Ocean Course.”