Filed under: Estates

I don’t describe too many homes as romantic but looking at the photos for this one, that’s the word that first sprung to mind. Now this could be because I have certain romantic associations with Nob Hill in San Francisco (and specifically with the Nob Hill Inn) but I think it’s the home. This stately home was built in 1915 in the flourishy Beaux Arts style. It has four bedrooms and has a beautifully extravagant redesign by interior designer Paul Wiseman that relies on a palette of creams and whites with rich golden tones. The home has private offices, a wine cellar and a “pentroom” on the roof terrace that offers beautiful San Francisco views. It is listed at $7.9 million.

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Continue reading Nob Hill, Estate of the Day

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Filed under: Estates

Ever wondered which neighborhoods are experiencing the most growth and are the most lucrative in terms of real estate investing? Forbes has compiled a list of the top five neighborhoods that have grown above and beyond the rest. Whether the growth is due to a dramatic drop in crime or rezoning and infrastructure development, here are the top five and their percentage of growth since 1990 which make the rest of our hometowns look measly on the investment scale.

• Miami Beach (City Center) in Miami, Florida — 1532% growth
• Ohio and Westgate Avenues in Los Angeles, California — 3081% growth
  
• Rosslyn/Highlands in Washington, D.C. — 566% growth
  
• Riverside Drive and 149th Streets in New York City, New York — 4391% growth
• Grove and Webster Streets in San Francisco, California — 522% growth

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Filed under: Estates, Sports

More proof that Nascar is large business comes in the plans for a luxury residential tower in Concord, North Carolina near the Lowe’s Motor Speedway. The Arcadian will include penthouses, corporate suites and one-, two-, and three-bedroom units as well as a parking garage,conference rooms, a putting green, theater, fitness center, terrace pool, concierge services, shops and a signature restaurant. According to a report in the Charlotte Observer, buyers have sign contracts on 30 units since sales began in late November. The goal is to have the building ready no later than fall 2012 but that depends on sales. One Charlotte, the 40-story luxury building planned for downtown Charlotte, which we covered last Might, has now been delayed. The tower will have 13 stories with 151 units priced from $395,000 to $3 million.

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Filed under: Estates

This home is so stereotypically Martha’s Vineyard you can practically smell the salt water. The new shingled home is in the Cow Bay area of Edgartown the main town on the small island off the coast of Cape Cod. You don’t get ocean views with this one but you get water views of Sengekontacket Pond. The home also has access to private association beaches of Cow Bay on the eastern shore of Martha’s Vineyard. The five-bedroom home is either very staged or decorated by someone with a keen love of the preppy. Check out the living room complete with model sailboat and the quilt with the nautical flags. There are also two master suites with private bathrooms. The home is on a tiny over two acres and has a heated inground pool. Pools surrounded by grass don’t exactly light my fire but this is probably just a place to rinse off since you’ve got the ocean so nearby. It is listed at $6.5 million.

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Continue reading Cow Bay, Estate of the Day

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Filed under: Estates

We’ve mentioned before that there are large hotel expansions underway in Atlantic City, New Jersey but further down the coast the condo market in Diamond Beach, New Jersey is growing too. The Grand at Diamond Beach is a lavish 12-story project that’ll include two 12-story structures and a six-story building. The $500 million project will be finished in three phases with the first move ins planned for the end of the year. Amenities will include a concierge, pools, spa, fitness center, private beach club and hotel style amenities. The units range in price from $682,000 to $5.2 million and 25 to 30 percent have already been sold.

[via Press of Atlantic City]

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Filed under: Estates

Part of the pleasure of doing the estate-of-the-day post everyday is searching through the dreck to find truly exceptional homes. This one in Telluride wins me over with its open, light-filled spaces and the use of easy shed and gable structures to create three different spaces which represent a mill, cabin and a bunkhouse and form a master suite, main home, and a garage with a caretaker’s unit above. There is also an older log cabin which has been moved to the almost five-acre property and set amidst the woods for a private guest experience. The entrance to the home has a timber and steel trestle bridge. There are six bedrooms total and just one fireplace but what a fireplace it is, so large you could practically curl up inside it. This home is listed at $8.995 million.

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Continue reading Elk Run Mining Compound, Estate of the Day

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Filed under: Estates

Wow, this home on 90 acres is tucked into a small town located about an hour from Pittsburgh. It’s really more of a compound than a home. The main house is over 10,000 square feet and has six bedrooms. It is dominated by a massive circular entry that includes a glass elevator which connects o a tower of rooms in the round including a home theater, wine tasting cellar and the showcase, a 360 degree rotating observation view study with a box beam ceiling and an outdoor deck. Other features include a big three-story pool room with a cascading fountain and both a lap pool and a wading pool which are ringed by redwood balconies. The lodge has a stone fireplace so huge it needs two animal heads mounted on it and its own indoor barbecue. This big home is listed at $5 million.

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Continue reading Pennsylvania Compound, Estate of the Day

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Filed under: Estates, Water

Plans have been announced for New England’s largest marina, The Newport Club in Rhode Island. The Newport Club covers 44.5 acres of waterfront property on Aquidneck Island, plus 100 acres out into the cove itself. There will be 1,500 marina slips with retail shops, restaurants, waterfront residences, and marine-related support facilities. The slips will range up to 500 feet in hopes of drawing more megayacht traffic to the area. The Newport Club will feature resort style residences ranging from $395,000 to $2,000,000 and there are plans to build brand-name luxury hotels to create a popular yachting destination.

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Filed under: Estates

I love a good idea house where a bunch of high end designers work on one upscale home, now you can get one in the Hamptons at a discount .Braden Keil at the New York Post broke the story that the 2005 Hamptons Cottages & Gardens Idea House is on the market and was just reduced by $3 million. Hamptons C&G publisher Richard Ekstract and his wife, Eileen are selling the eight-bedroom, 7,500-square-foot Bridgehampton mansion which is on 3.7 acres. The home includes a master suite with a private media room, a sitting room and a dressing room. The lower level includes staff quarters. The ground are also home to a 40-foot-by-40-foot pool. There’s a little bit of design home schizophrenia going on here where the rooms don’t really share an overarching theme but its contemporary and impressive in the way that a Hamptons house should be. It reminds me of a bit of the house that Gordon Gekko had in Wall Street. In the Post, Ekstract is quoted as joking that now, at $15 million instead of the original $18 million, the price is too cheap. It is listed by both Corcoran and Prudential Douglas Elliman.

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Continue reading Bridgehampton Idea Home, Estate of the Day

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Filed under: Estates, Celebrity Shopping

From the NY Post’s Gimme Shelter:
–Actor/musician Steven Van Zandt, who is a member of Bruce Springsteen’s E Street Band, and his wife, Maureen, have bid on a three-bedroom, three-bath penthouse in a former church on West Fourth Street. The apartment with stained glass windows has an asking price of $5.99 million.
–Actress Frances McDormand and her filmmaker husband Joel Coen have listed their Hudson Valley hideaway. The home on a country road in the town of Esopus, NY has three bedrooms, a screened porch and an old-fashioned kitchen. It is listed at $895,000. The charming home is shown above and the listing is here.
–The Russian Federation have purchased one of Manhattan’s pricier townhouses for $35 million. The 25-foot-wide residence at 36 E. 75th St. was built in 1893 and has six bedrooms.
–The price has dropped on the 2005 Hamptons Cottages & Gardens Idea House. Hamptons C&G publisher Richard Ekstract and his wife, Eileen, have lowered the price of their eight-bedroom, 7,500-square-foot Bridgehampton mansion on 3.7 gated acres. It is our estate of the day later today.

From Berg Properties Large Time Listings:
–Tobey Maguire has purchased a 0.93-acre vacant parcel in Brentwood.
–Comedian Carlos Mencia has bought actor Eddie Cibrian’s Encino mansion which was listed at $4.395 million. Cibrian has paid $2.5 million for a mansion in Calabasas.
–Actor John Leguizamo has paid $5,750,000 for a town home in Manhattan’s Washington Square area.
–Turns out that Mark Harmon did not buy a new place in Malibu, it went to someone else with a similar name.

From the NY Observer’s Manhattan Transfers:
Dr. Marlene Krauss and her husband, Dr. Zachary Berk have paid $7.65 million for the triplex penthouse at the Claremont House, a 1980’s-era condo on East 72nd Street between Park and Madison avenues. It was our estate of the day in December 2006 when it was listed at $8.995 million. The couple own the floor below the penthouse, and are combining the two units into a four-level apartment. The couple has put their 15th floor home on the market for $4.75 million to raise money for renovations. The listing is here.

From the Wall Street Journal’s Private Properties:
–As the Real Estalker Mama previously reported, the movie producer Jon Peters is asking $39.5 million for four adjoining Beverly Hills parcels he bought in 1996 but never fully developed. The listing is here.
–Limited Brands marketing chief Ed Razek has purchased an oceanfront villa in the Turks & Caicos. Thetvilla is in Dellis Cay, a 560-acre, residential development being constructed on a private island with a master plan by Pritzker prize-winning architect Zaha Hadid.
–Baseball player Steve Finley, has trimmed 3.4 acres from his home for sale and reduced the price to $13.95 million. The listing is on the Barry Estates website.

From the Real Estalker:
–Jessica Alba has paid around $4.05 million for a new Beverly Hills home.
–Ben Affleck and Jennifer Garner have been spotted home hunting in Los Angeles.
–Another massive estate hits the market in Los Angeles. The Singleton family has put their Holmby Hills home on the market for $85 million. The main home, designed by Wallace Neff is 15,520 square feet with 10 bedrooms. It is on over seven acres. The listing is here.
–Kate Hudson has reportedly been looking at real estate in TriBeCa.
–Producer Max Mutchnick and partner Erik Hyman are set to purchases a major estate in Hancock Park.
–Television writer Juanita Bartlett has put her Martha’s Vineyard home on the market for $12.95 million. The listing is here.
–Writer and producer Aaron Sorkin recently picked up a beautiful home in the Sunset Strip area of Los Angeles for $6.1 million.
–Tennis star Pete Sampras and his wife actress Bridgette Wilson-Sampras have listed their Beverly Hills mansion for for $25 million. The listing is here.
Actor Harvey Fierstein has put his Brewster, New York home on the market for $749,900. The listing is here.
–via the London Sunday Times, the Toprak Mansion in London has been sold for

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