A “magical” getaway overlooking the ocean in California’s Big Sur made a splash on the Web this week! The beach house with amazing views crested to the top of the most popular homes this week on realtor.com®. Built in 1996, the custom-built residence offers jaw-dropping views of the Pacific Ocean, private beach access, and a whopping 60 acres of meadows, redwoods, and even a waterfall. “When you’re in Big Sur, you feel you’re in another world,” says listing agent Ben Heinrich. Not quite as otherworldly, but cool nonetheless, this week’s runner-up is a Mid-Century Modern gem in New York built for a structural engineer who worked with such star architects as I.M. Pei. Other fascinating homes that snared megaclicks this week include the Bel Air mansion that recently had a $62 million price reduction, a 19th-century castle in Maryland, and a converted barn in Tennessee with rustic detailing to spare. We ask you to spare a few moments and scroll down for a full look at this week’s most popular properties… 10. 469 Wheat Crest Ln, Loranger, LAPrice: $127,000 ——-- 9. 924 Bel Air Rd, Los Angeles, CAPrice: $188,000,000 ——-- 8. 507 River Rd, Greenwood, MSPrice: $65,000 ——-- 7. 659 1st St, Woodland, CAPrice: $3,850,000 ——-- 6. 1 Mall St, Salem, MAPrice: $1,025,000 ——-- 5. 450 W Grixdale, Detroit, MIPrice: $550,000 ——-- 4. 120 Newman Ln, Blaine, TNPrice: $235,000 Blaine, TN ——-- 3. 5446 Mohican Rd, Bethesda, MDPrice: $2,200,000 ——-- 2. 792 Sleepy Hollow Rd, Briarcliff Manor, NYPrice: $1,595,000 ——-- 1. 46820 Clear Ridge Rd, Big Sur, CAPrice: $8,500,000 The owners bought it as a second home in 2013 for $4.8 million. However, they haven’t used the vacation property as much as they thought they would, the agent notes. During their five years of ownership, they renovated the home as well as landscaped it. The natural surroundings on the property include a waterfall, redwoods, and hiking trails. The 3,180-square-foot custom retreat features a gourmet kitchen, a media room, office, wine cellar, and Jacuzzi, surrounded by an oak forest and a meadow. Heinrich notes that he’s already been receiving serious interest. “Big Sur has always had a bit of a magical feel to people,” he says. The post Breathtaking Beach Retreat in Big Sur Is This Week’s Most Popular Home appeared first on Real Estate News & Insights | realtor.com®. via https://www.realtor.com/news/trends/big-sur-most-popular-property/
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A completely rebuilt “world-class estate” in Los Angeles, for $65 million, is this week’s most expensive new listing on realtor.com®. However, it’s not exactly new to us. The magnificent mansion is a familiar face—having bounced on and off the market since 2011. The $65 million price tag hasn’t budged a bit, but it reappeared on the market this week. The mansion was built in 1938, and its listing is currently held by Kurt Rappaport of Westside Estate Agency. The owners, interior designer Lauren King and Richard King of King World Productions, purchased the Holmby Hills property in 2001 for $15 million. Originally built for Ziegfeld Follies star Fanny Brice, the mansion was in need of modernization when the couple acquired it. What was at first thought to be some minor updates became a top-to-bottom overhaul of the entire structure. The dated infrastructure needed to be completely rebuilt to handle any changes. The entire process—which maintained the exterior brick facade and original footprint while changing everything else—took five and a half years. Holmby Hills estate The renovated home kept the exterior facade. Pool and sundeck Outdoor lounge area The result is a stunning and luxurious redo that was featured in Architectural Digest in 2011. The layout now includes eight beds, 14 baths, and 11,660 square feet of living space. The white-brick Georgian traditional features a two-story entry, living room with high ceilings, screening room, wood-paneled library, a wine cellar, gourmet chef’s kitchen, and a “spectacular” master suite with dual baths. On the grounds are a separate guesthouse, a pool and poolhouse with gym, as well as an additional private guest suite, lighted tennis court, plus flat lawns and gardens. The reason to put the custom creation back on the market? After the rehab and living there for some years, the couple were empty-nesters and wanted to downsize. “We overbuilt our dream house,” Lauren King told Forbes in 2013. “But I had a lot of fun in the process.” Given that the price tag has never wavered from the $65 million asking, it seems that the couple may not be willing to go … unless the price is right. The post $65M ‘World-Class Estate’ in Holmby Hills Is This Week’s Most Expensive New Listing appeared first on Real Estate News & Insights | realtor.com®. via https://www.realtor.com/news/trends/world-class-estate-most-expensive/ Some homes are known by a single moniker. Think Fallingwater, Graceland, or Monticello. Ultraluxe real estate developer Bruce Makowsky wants to add the Bel-Air mansion known as “Billionaire” to that storied list of mononym homes. The pricey spec property with the pecuniary nickname landed on the market last year with an enormous splash. With a list price of $250 million, it was the most expensive residential property in the country at the time. But the mansion never met its match at the quarter-billion price point. Now, the home has bounced back on to the market with a prodigious $62 million slashed from its eye-popping price tag. The twist? The reduction in price to $188 million was not for lack of offers. An offer was actually made and accepted last year for the 38,000-square foot, 12-bedroom, 21-bath behemoth, and it was off the market for several months while it sat in escrow. Alas, the megadeal hit some snags and fell through. Which was tough luck for the prospective buyers, because they lost their deposit. But the team selling the mansion said the botched deal saw the silver lining. “It helped establish a market price,” says co-listing agent Shawn Elliott of Nest Seekers International. He has the listing along with Rayni and Branden Williams of Hilton & Hyland. Mainly, it’s a bit of a brain teaser to establish a home’s asking price when there are no comps available. And if there was ever a place beyond compare, this is it. Because local building regulations have changed, no one will ever be able to construct a hillside home of this size again.
But the one-of-a-kind location and bespoke construction of this megamansion aren’t the only selling points for this elite property. There are superluxe amenities everywhere you turn. Here are just a few highlights. A helicopter and helipadGranted, the helipad is more of an art installation on the roof, because helicopters aren’t permitted to land in Bel-Air. But it’s impressive nonetheless—and graced by the helicopter used in the 1980s TV show “Air Wolf.” The copter’s been polished and tricked out in Makowsky’s signature fashion, but you just can’t fly in it. ——-- Three gourmet kitchensOne is for family dining, one is a professional chef’s show kitchen, and one is for the staff. They’re all outfitted with top-of-the-line appliances, dishes, and cutlery. “Bruce believes that if you treat the staff well, they’ll treat you well,” says Elliott. ——-- Two fully stocked wine cellarsOne is filled exclusively with various sized golden bottles of Jay-Z and Beyoncé’s Ace of Spades champagne, which range from $850 to $6,000 a pop. The other wine storage space is stocked with a number of rare vintages. ——-- 135 art installationsThe art on the property is worth an estimated $10 million. Many of the objects, like the world’s largest Leica camera (made of chrome), custom-made motorcycles that double as art, and animated, interactive portraits of Snow White’s Seven Dwarfs, are priceless. ——-- Three outrageous theater areasOne is an 18-by-12 foot pop-up screen located on the far side of the infinity pool. It smoothly emerges from the ground and offers an outdoor drive-in experience day or night. There’s a 40-seat (leather, of course) Dolby Atmos theater stocked with a library of thousands of films, including first-run movies available for viewing. Oh, and the largest residential screen in the world, a 25-by-9-foot screen that can can be subdivided into at least six screens, with different shows running all at the same time. The massive display anchors the bar and nightclub lounge. ——-- Multiple barsSpeaking of bars, no matter where you are in this home, you’ll never be parched. There’s the aforementioned nightclub bar featuring chrome and white leather stools, a swim-up bar at one end of the pool, and a “motor bar” made of lucite-encased boat motors. ——-- Nine dining areasMost dining areas feature custom tables designed for the mansion. They can seat as many as 24 people, and are outfitted with designer china, silver, and crystal from the likes of Roberto Cavalli and Lalique. ——-- Two commercial-grade elevatorsThey have padded walls lined with crocodile skin. Because … why not? ——-- A spacious auto galleryGet this—it’s fully stocked with a car collection worth more than $30 million, including Morgans, Bugattis, and a Spyker, all in perfect running condition. ——-- 12 bedroomsThe dozen boudoirs include two massive master suites, one with a wrap-around jacuzzi, the world’s most expensive coffee machine, and his-and-hers closets inspired by a Louis Vuitton boutique and a Chanel boutique in Paris. ——-- Luxury textilesSofas, chairs, and lounges are draped with Fendi and Hermès pillows or soft Loro Piana cashmere throws. Beds are all swathed in Frete linens. ——-- Exotic stone everywhereMakowsky had a curator comb the globe for more than 50 different types of exotic stone. The mansion features tiger quartz and honey onyx gracing the walls, countertops, and tables. ——-- A massage studio and wellness spaThis one not only has sumptuous massage tables, but professional hair styling and mani-pedi stations. ——-- A state-of-the-art fitness centerEven the gym has amazing views a fitness buff can enjoy while working out on Technogym equipment ——-- Enviable greeneryThere’s a veritable forest of meticulously manicured specimen Canary palms. Each is worth between $80,000 and $150,000. ——-- A seven-person staff of your choosingElliott explains the house is perfectly synced so two people can run it from their iPads. Live-in servants aren’t necessary, but should you want the services of a butler/house manager, housekeeper, chef, driver, masseuse, personal trainer, hair/makeup stylist, whatever, their services will be paid for up to two years. ——-- 17,000 square feet of deck spaceThe decks overlook a 270-degree unobstructed view spanning from the mountains to the ocean. Views of Hollywood, Los Angeles, Beverly Hills, Santa Monica, and Catalina are there for the taking. ——-- A game room with a candy wallThis amazing wall comes completely stocked with candies of all flavors, shapes, and colors. You might recognize this feature from the Makowsky-built mansion that Minecraft Founder Markus “Notch” Persson snatched away from Jay-Z and Beyoncé in a bidding war. ——-- With the reduced asking price of $188 million, Billionaire is no longer the priciest residential offering on the market. Priced at $200 million, the Manor in Holmby Hills reclaims its title as most expensive property in the country. But the Manor (and the Billionaire) should be looking over their shoulders at a different SoCal home that’s circling the title. The $500 million spec home up the hill from Billionaire known as “The One” is set be finished in mid-2018. By that time, Billionaire hopes to be happily entertaining new owners. The post Bel-Air Mansion Known as ‘Billionaire’ Now 25% Off—Only $188M appeared first on Real Estate News & Insights | realtor.com®. via https://www.realtor.com/news/unique-homes/billionaire-mansion-price-reduction/ A 14-sided round house on the market in Oakland, CA, completely rejects the rectangular form. In an understatement, listing agent Gaylen Roberts says “It’s not a traditional.” Roberts added, “It’s a unique property in the sense of the construction type, location, the details. All of those things need the right buyer.” With Bay Area prices skyrocketing, the eye-popping three-bedroom, round residence jutting out of the side of a hill is a stand-out in design—and price. To move into this home, which touches the tree tops in the desirable Montclair neighborhood, sits next to hiking trails, and is close to mass transit, a buyer needs to plunk down just $795,000. Built in 1992, the home is the result of prefab design married to a major engineering marvel at the base, making efficient use of the sloped 9,079-square-foot lot. The home was the result of plans from Eagle’s Nest Builders, a company that sold floor plans for a round woodsy home with over a dozen sides. To make the plan work on the difficult piece of property, “tons of concrete” were poured into the foundation. The modular wood sections making up each of the 14 sides of the home were put in place after the concrete. The result is a 2,103-square-foot, sunny modern home with bamboo floors and high ceilings. Best of all? “There’s pretty much windows on every wall, and those windows go all the way around,” Roberts says. Enter the contemporary three-story on the first level, which holds the basement, shop, and storage. Up the stairs on the second floor are two bedrooms, one bathroom, and a small sitting room or office. The third floor includes a kitchen with slate floors and counters, plus the master suite, complete with a private sitting area and a deck. The master bath has been updated, and the exterior blue and white paint colors are new. Otherwise, the house holds up just fine, Roberts says. It’s located right next to the hiking trails of Shepherd Canyon. The current owner, who is moving out of the Bay Area, found the steep hill perfect for exercising his dog. This circular delight is one of just six round houses in Oakland, and it’s the only one that doesn’t date back to the middle of the 20th century. One caveat: Round homes require special financing. According to Roberts, not all banks know how to appraise these unique structures. However, Roberts is prepared for this, as he sold the home two years ago to the current owner, and knows which financial institutions will agree to a mortgage on a round abode. Once financing is in place, it’s ready for move-in, “This is the perfect mountain house for someone who loves hiking and who wants to be creative,” Roberts says. Sign us up. The post Well-Rounded: A 14-Sided Round House in Oakland Perched on Hillside appeared first on Real Estate News & Insights | realtor.com®. via https://www.realtor.com/news/unique-homes/oakland-round-house/ Kanye West is in rare form these days: Since rejoining Twitter on April 13, the rapper has been ranting about everything from politics to how he’s “nice at ping pong” (whatever that means). Yet one topic he’s kept tightly under wraps? His home with Kim Kardashian West. That is, until now. Ever since purchasing this Los Angeles estate in 2014 for $20 million, the couple has been renovating up a storm—yet, remarkably, the famously publicity-hungry pair have not released one photo or video of how it’s going. Even the crew for their reality show “Keeping Up With the Kardashians” was forbidden to set foot inside. But this week, midway through an especially lengthy (and controversial) pro-Trump Twitter rant, Kanye decided to give his followers a peek behind the curtain … and boy, were we surprised by what we saw. A shocking glimpse inside Kanye West’s home … and mental stateWest posted three photos from inside his 15,700-square-foot home: two shots of a cavernous-looking hallway, and one of what appears to be a living room. And what immediately struck us is wow, the decor is minimalist to the nth degree. Take, for instance, the before-and-after shots of the hallway below. Keep in mind that the left photo is before they started renovating … and the right pic is how it looks now. They purged those nice lights, the artwork, everything! Here are the other photos he tweeted below.
We’re not sure how far along they are in the renovation, but the overabundance of beige and under-abundance of furnishings in these photos seem to suggest that progress is slow-moving. Or, given that they’ve been working with architect Axel Vervoordt—who’s known for his minimalist, neutral aesthetic—maybe it’s completely finished, and this is just how they want Chez Kimye to look. “Monastery chic,” says interior designer Ana Cummings of ANA Interiors. “It’s a cross between the simplicity of Zen paired with Vatican-styled lines. If Giorgio Armani designed a shrine in Kyoto, it would look like Kim and Kanye’s [home].” “My initial reaction was that I felt like I was peeking into a monastery,” agrees Terri Fiori of Fiori Interior Design. And that’s not necessarily a good thing, she adds, explaining, “The space lacks warmth.” In fact, this home’s decor style is totally consistent with the stripped-down aesthetic of West’s fashion line, Yeezy. The same signature beige hue is a constant in the clothing, shoes, and accessories he’s rolled out in six collections so far. Some people were more complimentary of the space. “Structurally, I like the way the monochromatic hues highlight the architectural language of the space,” says Lauren Visco, an interior designer for DesignBridge Ltd. in Chicago. “Proportions are emphasized, while natural light plays off the curves of the arches.” Yet while the home might be designed to play up the dramatic architecture, the limestone finishes and neutral color palate are not exactly child-friendly—which is a little sad, since the Wests do have three young kids. “I don’t believe that it would appeal to many families with children or pets, because it’s all white!” says Mariko Baerg, a real estate agent with Bridgewell Real Estate Group. “Whether it’s markers on the walls, or spills and paws on the floor, it would be an absolute nightmare trying to keep that home clean all the time.” Diana Stelin, a professional artist who used to run DTR Modern Galleries, agrees that “The walls look stark and cold, and it is lacking warmth and personality.” Yet she believes this is because the interior decorating might not be complete. She actually sold art to West a few years ago, including pieces from Andy Warhol, Damien Hirst, and Jeff Koons. “Kanye has really great taste in art, so I’m assuming they just haven’t gotten to placing things in the right spaces,” Stelin says. Or here’s another theory to explain this odd choice in decor. “Perhaps they’re able to focus better on one another in this space without any distractions?” Fiori notes. “Since there is not much else, I’m thinking that the owners of this home want to take center stage.” Kim and Kanye want to be the shining stars in their own home? Sounds about right. The post This Rare Peek Inside Kanye West’s Home Reveals Just How Weird He Really Is appeared first on Real Estate News & Insights | realtor.com®. via https://www.realtor.com/news/celebrity-real-estate/kanye-west-home-pictures/ How the mighty have fallen! For the first time in years, California markets aren’t fully dominating our monthly list of the hottest markets on realtor.com®. In fact, the Golden State has even ceded its long-held No. 1 spot! Each month at realtor.com®, we rank the top metro areas where homes sell the fastest, and where eager house hunters are clicking up a storm on our listings. And each month, California reliably hogs the greatest share of the top 20 spots of any state. But while 11 of the top 20 markets in March could be found in the Golden State, in April, that tally had fallen to only six. That’s the lowest number since we started doing this ranking, in 2013. Nine other states were represented on the top 20 list: Texas (2), Massachusetts (2), New York (2), Michigan (2), Colorado, Washington, Ohio, Idaho, and Wisconsin. Longtime top dog San Francisco fell to No. 3 in April, ceding the throne to … Midland, TX, which had previously been at No. 5. Second place went to Boston, which just hosted its famous marathon. (The definition of big-city markets often include neighboring towns. For example, the San Francisco market includes nearby Oakland and Hayward, and the Boston market includes Cambridge, Newton, and a tiny slice of New Hampshire.) The top movers for the month are Racine, WI (up 28 spots from March); Rochester, NY (up 14); and Detroit (up 13). Columbus, OH, moved up five spots to reach No. 4, the highest it’s ever reached in our ranking. Realtor.com’s hottest markets receive 1.6 to 2.7 times the number of views per listing compared to the national average. These markets are seeing homes move off the market 17 to 40 days more quickly than the rest of the United States. The hot list
The post The Hottest Markets for U.S. Real Estate: Is California’s Reign Over? appeared first on Real Estate News & Insights | realtor.com®. via https://www.realtor.com/news/trends/hottest-markets-u-s-real-estate-april-2018/ Rates for home loans throttled to a near-five-year high as strong economic data and rising commodity prices drove a selloff in bonds. The 30-year fixed-rate mortgage averaged 4.58%, according to Freddie Mac’s weekly survey, out Thursday. That marked an 11 basis point gain during the previous week, and the highest since August 2013. The 15-year fixed-rate mortgage averaged 4.02%, up from 3.94%. The 5-year Treasury-indexed hybrid adjustable-rate mortgage averaged 3.74%, up 7 basis points during the week. Those rates don’t include fees associated with obtaining mortgage loans. Mortgage rates follow the yields of the benchmark U.S. 10-year Treasury note. Investors have ditched bonds as economic data remains strong and inflation firms, eroding the value of fixed-income assets. Bond yields rise as prices decline. In the housing market, meanwhile, supply remains lean and demand hot. That’s pushing home prices higher, and rising mortgage rates won’t help those who are trying to buy. Jason van den Brand, CEO of Lenda, an online mortgage lender, has watched as rising rates have shaped his business. At the end of last year, van den Brand said, about 15-20% of Lenda’s mortgage applications were for purchases. As refinances have dried up, the share taken by purchases has tripled, he said. At the same time, cash-out refinances as a share of the total refinance applications has roughly doubled. Van den Brand has been around the mortgage industry long enough to be uneasy about offering rate forecasts, but he’s certain about one thing: for the housing market, “there’s still a lot of room to grow.” “People want to buy homes, and they’re in a position to buy homes,” van den Brand told MarketWatch. Now the biggest challenge in the market is finding supply to sate that demand. The post Mortgage Rates Surge to Highest Since 2013 appeared first on Real Estate News & Insights | realtor.com®. via https://www.realtor.com/news/real-estate-news/mortgage-rates-surge-highest-since-2013/ The Maryland home of the late astronaut and four-term U.S. Sen. John Glenn, D-Ohio, is on the market for $1.65 million. Last month, hundreds of people lined up for a four-day estate sale at the house, which included (among many things) Glenn’s old leather flight jackets, his Senate seat, an official china set only given to sitting U.S. senators, and clothing from his 1998 NASA mission, where, at the age of 77, he became the oldest person to fly in space. Built in 1990, Glenn’s five-bedroom, five-bath Cape Cod-style house served as his home base for years while he worked on nearby Capitol Hill. Located on a more than half-acre lot at the end of a cul-de-sac, the house overlooks the TPC Potomac golf course in Bethesda, MD. The house has a perfectly symmetrical design, with double doors that open to a two-story foyer. Stairs lead up to the bedrooms, and down to a ground-floor recreation room and the patio outside. There are fireplaces in both the formal dining room and den, which has a wall-length, built-in bookcase. There’s an open-concept kitchen, informal dining area, and living room with another fireplace. Large, sliding-glass doors open to a second-story deck. Glenn’s master bedroom had 14-foot-tall vaulted ceilings, with a loft platform leading to the home’s upper level. Downstairs, there’s a large recreation room, wet bar, and a row of French doors that open to the patio. Glenn’s office was located on the ground floor (the listing photos show a model rocket on his desk). Elsewhere, there’s a wine cellar, firepit, and a three-car garage. Glenn died in late 2016, at the age of 95. He had, unquestionably, one of the most interesting careers of any American born in the 20th century. He joined the U.S. Marines at the outbreak of World War II, and flew combat missions in the Pacific, and later, fighter jets in the Korean War. By the mid-1950s, he had signed up as an experimental test pilot, routinely flying dangerous missions in supersonic jets. As a test pilot, he set the transcontinental speed record—flying from California to New York in three hours and 23 minutes. NASA recruited Glenn after the Soviet Union launched Sputnik, sparking the space race. In 1962, with 135 million people watching on TV, Glenn climbed aboard the Friendship 7, and spent nearly five hours orbiting the Earth—becoming the first American to do so. He later served in the U.S. Senate from 1974 to 1999 in his home state of Ohio. Glenn’s children, Carolyn Ann and David, organized last month’s estate sale and are coordinating the home sale. While preparing for the estate sale, Glenn’s family discovered a mysterious vial in his sock drawer, filled with what appeared to be small rocks, NBC Washington reports. The vial was sent to NASA Goddard for testing. The post Maryland Home of NASA Pioneer and Former Sen. John Glenn Lists for $1.65M appeared first on Real Estate News & Insights | realtor.com®. via https://www.realtor.com/news/celebrity-real-estate/john-glenn-maryland-home/ Most home buyers pay very close attention to just how much of their hard-earned dough they’ll be spending on their future abode. But it’s not just the size and the location that can drive up prices—it’s the time of year as well. Bargain hunters should try to close on a home in the chilly months of January and February, when median home prices are at the lowest, according to a recent report from real estate data firm ATTOM Data Solutions. The median home price was $172,269 in January and $172,500 in February. Bundle up before hitting those open houses! The report looked at 14.7 million sales of existing (previously lived-in) single-family homes and condominiums from 2011 to 2017. Even more specifically, for buyers looking to save the most cash, the best day to close on a home is Feb. 7, when the median sale price falls to its lowest point of the year, at $160,000. That day was followed by Feb. 4, at $161,322; and Jan. 3, at $162,000. “The fall and winter months and days are the best times for buyers to buy,” says Daren Blomquist, a senior vice president at ATTOM. “Fewer buyers are looking for homes because school has started, the holidays are coming up, and the weather is cold and possibly snowy and rainy, which makes it less appealing to go out there and look for homes.” But there are also fewer homes on the market for buyers to choose from in the winter months, as sellers are reluctant to start their own home searches and get ready to move around the holidays, and when it’s cold. Plus, they anticipate getting top dollar if they list in spring or summer. There were 1,344,229 listings on realtor.com® in January 2017, almost 15.9% fewer than the 1,557,379 in June 2017. Still, buyers on a budget should shop with caution from May through August. These are peak home-buying months, particularly for families looking for larger (and often more expensive) abodes before the kids start school in the fall. June was the most expensive month, as the median price of a home was $202,000. July and August were tied for second place, with median prices of $200,000, followed by May at $194,900. These months also had the largest seller premiums over the estimated values of the homes: 5.9% in May; 5.8% in June; 4.2% in August; and 3.8% in July. Meanwhile, buyers who wait until October or December can usually score the biggest discounts. These are the months when sellers mark up their properties the least, earning premiums of only1.6% over the value of their residences, as estimated by ATTOM. “Stay away from the spring and summer for the most part, because that’s when you’re going to have the most competition,” Blomquist says. “You’re more likely to end up in a bidding war with other buyers, which will tend to push the price up.” The post Mark Your Calendars: The Best Day and Month for Bargain Hunters to Buy a Home appeared first on Real Estate News & Insights | realtor.com®. via https://www.realtor.com/news/trends/best-day-month-year-home-buyers-hoping-save-money/ Red Sox first baseman Hanley Ramírez is taking a big swing at selling his Weston, FL, home for $4 million. The Spanish-style abode sports eight bedrooms on one acre. The Dominican-born 34-year-old bought the 9,000-square-foot home when it was brand-new, in 2008. At the time, he was playing for the Florida Marlins, and he paid $3.95 million for the place, according to property records. If he sells for asking, he’ll break even. But we’re in love with the place—we think the All-Star’s sunny home is a hit. Located in the guard-gated Windmill Reserve community, the Santa Barbara-style home is the only one in the neighborhood of its design, and comes with a separate guest suite and multiple entertaining areas. The open floor plan features a living room, dining room, and two fireplaces. French doors open to the back patio. The chef’s kitchen contains chiseled-edge French marble, and terra-cotta tiles decorate the kitchen ceiling. Other highlights include a billiard-room, office or playroom, and a plush home theater with a poker room. The master wing includes custom-designed oversized closets. Other details of the residence include exposed beam ceilings, custom-built arches, and Brazilian hardwood floors. Outside sports a pool, gazebo, and patio spaces that look out to a private preserve. “What stands out the most is the Spanish-style resort pool right in the home’s backyard. There’s nothing like it in this area, with its imported Spanish tiles and intricate design,” says listing agent Giselle Bonetti of Coldwell Banker. “The fountain in the front of the home has the same imported tiles, tying the home together beautifully.” The MLB All-Star has decided to relocate, but leaves behind warm feelings for his Weston digs. “We are extremely grateful to what the city of Weston offered us during our stay there,” Ramírez said in a press statement. “We truly loved our time in this home. However, as our children grew, they wanted to explore other activities, which led us to relocate. I pray the next homeowners are as blessed and grateful as we were in this home.” Ramírez broke into the big leagues with the Red Sox in 2005, before being traded to the Marlins. The 2006 Rookie of the Year starred for the Marlins for six years, then spent a little over two seasons with the Los Angeles Dodgers before returning to the Red Sox prior to the 2015 season. The post Boston Red Sox Star Hanley Ramírez Selling South Florida Home for $4M appeared first on Real Estate News & Insights | realtor.com®. via https://www.realtor.com/news/celebrity-real-estate/hanley-ramirez-selling-south-florida-home/ |
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