Former San Francisco 49er tight end Brent Jones is letting go of his Lake Tahoe getaway in Incline Village, NV. The mountain home is now on the market for $10.9 million. The three-time Super Bowl champ retired in 1997 after an 11-year career with the Niners. Since then, he’s been active in a number of real estate transactions. Jones purchased this coveted parcel of land on the lake’s north shore in 2012 for $1.3 million. A custom dwelling was built by Brink Custom Homes in late 2014. Located across the street from Burnt Cedar Beach, the glass and stone structure provides lovely lake views. With 6,442 square feet of living space, the home has five bedrooms, five bathrooms, and two half-baths. The great room features a 27-foot ceiling, massive granite hearth, and custom ironwork. The space includes a living area, dining area, and open kitchen, all with access to the outdoors. A master bedroom wing boasts “shelter in place amenities,” with a library in the foyer, office overlooking the lake, en suite bedroom, walk-in closet, and private deck. Other luxe amenities in the rustic retreat include a home theater and wine room. The half-acre property features landscaping with fountains, fire pits, and areas for lounging and dining. The area is a ski mecca in winter, but the vacation spot offers all-season outdoor activities, including hiking, boating, and swimming. Jones, 57, is a Bay Area legend who played college football at Santa Clara University. As a critical part of the 49ers offense in the late ’80s and early ’90s, he made the Pro Bowl four times. Off the field, he founded a venture capital firm with teammates in 2000. He has since sold the business and, in 2017, invested in a condo in the Millennium Tower in San Francisco for $4.15 million. That same year, Jones also placed his Diablo, CA, home on the market for $2.8 million. He had bought the pad in 2015 for $2.3 million. It looks to have sold for slightly below list price. As of 2018, the Bay Area native had apparently moved to Dallas. Kerry Donovan, Megan Parr Warren, and Debbie Hansen with Donovan Group Luxury Sales hold the listing. The post San Francisco 49er Legend Brent Jones Selling $10.9M Tahoe Retreat appeared first on Real Estate News & Insights | realtor.com®. via https://www.realtor.com/news/celebrity-real-estate/brent-jones-selling-tahoe-retreat/
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Many of us have been sprucing up our digs while stuck at home during the coronavirus pandemic. Well, so has First Lady Melania Trump, in the White House. Sheâs swapped out furniture in the Blue Room, wall coverings in the Red Room, and even redecorated the bowling alley. Now, sheâs turned her eye to improving the great outdoors, by renovating the famed Rose Garden. According to a White House news release, the first lady is spearheading a project to ârestore and enhanceâ this version of the garden, which President John F. Kennedy revamped nearly 60 years ago, and which has been the site of many bill signings, state dinners, and other presidential ceremonies. More recently, President Donald Trump has been using the garden to host his coronavirus press briefings. Melania Trump came in for some criticism on social media for lavishing attention on a garden in the midst of a pandemic. (The project is said to be privately funded.) Weâre not going to take sides on that, but since itâs happening anyway, we canât deny that weâre fascinated by what sheâll do with this iconic space. âThe very act of planting a garden involves hard work and hope in the possibility of a bright future,â the first lady said in a statement. âPreserving the history and beauty of the White House and its grounds is a testament to our nationâs commitment to the care of this landscape and our dedication to American ideals, safeguarding them for our children and their children for generations to come.â
Inside Melania Trumpâs plans for the White House Rose GardenThe Rose Garden dates back to 1913, when Ellen Axson Wilsonâwife of President Woodrow Wilsonâfirst unveiled this half-acre plot to the public. The best-known garden redesign, though, occurred under President John F. Kennedy in 1962, when the president tasked his family friend Rachel âBunnyâ Lambert Mellon with overhauling this outdoor space. Mellon created the iconic layout in place today: a lush rectangle flanked by geometric planting beds, flowering crabapple trees, boxwood shrubs, magnolia trees, and pale roses. Melania Trumpâs updates to the Rose Garden will stick closely to the 1962 design. Sheâll be collaborating with members of the Committee for the Preservation of the White House, as well as the landscape architecture firms Perry Guillot and Oehme, van Sweden. So what changes will they make? A lot of their work seems more focused on repairs than an aesthetic overhaul. One goal is to improve drainage, which weâre guessing means that the lawn tends to get soggy. There are also plans to reduce leaf blightâa fungal infection due to poor soil and other environmental factors. In other words, just as the White House has become a bit run-down over the years (prompting the president to complain that it was a âdumpâ when he moved in), its outdoor areas, too, appear to be crying out for some much-needed maintenance. âHelping any garden look its best requires regular maintenance and a certain level of vigilance, in order to prevent new troubles as well as to manage existing problems,â says Susan Brandt, co-founder of Blooming Secrets, a gardening website and shop. âNo garden is ever static. A garden is made up of primarily living organisms that change from day to day as well as year to year. The White House Rose Garden and grounds are no exception.â Since the Trumps are holding more meetings and conferences in the garden than ever, some of the changes will improve support for audiovisual and broadcasting equipment, so people can see and hear whatâs going on clearly. The garden will also be made more accessible to people with disabilities. As for more aesthetic changes, Melania Trump plans to add a limestone walkway and replace a few crabapple trees with white rose shrubs. These classic plants are surprisingly hardy. They donât just look good, they smell good, too (scent gardens are a hot trend right now). âRoses look good in a garden, and they also add fragrance, and the scent of roses helps reduce stress and calms nerves,â Brandt says. âHaving roses in a garden has benefits for your health and the environment, as bees, butterflies, and other pollinators enjoy any garden in which they can find nectar.â She predicts that the first lady could inspire a renewed interest across the country in planting roses in home gardens. What could go wrong with this Rose Garden reno?Although Melania Trumpâs proposed changes appear to be relatively understated, thereâs always a chance that the garden could lose some of its natural charm as a result of the renovation. âThe danger in redoing any garden is overdesigning it,â says Richard Mullen, an architect and managing partner of Demesne in Aspen, CO. âYou can overdo things. Thereâs a happy medium or a sweet spot with having enough hardscape.â Hereâs hoping the first lady can strike the right balance, since as far as gardens go, this is one weâll be seeing for a while. As Brandt points out, âThe White House Rose Garden has been the backdrop for many important and memorable events in American history. These upgrades are intended to preserve its symbolic importance, while helping it remain the beautiful and peaceful sanctuary that it was always intended to be.â The post A Closer Look at Melania Trumpâs Latest Cause: A Makeover of the White House Rose Garden appeared first on Real Estate News & Insights | realtor.com®. via https://www.realtor.com/news/trends/melania-trump-make-over-white-house-rose-garden/ Who would have thought that this summer, with the number of COVID-19 cases surging and new rounds of restrictions and shutdowns, would yield one of the most competitive housing markets in recent memory? Nonetheless, home prices have hit record highs as buyers are battling it out across the nation over a limited selection of reasonably priced abodes. In July, the median home price shot up 8.5% year over year, to hit a new all-time high of $349,000, according to the most recent realtor.com® data. And those mind-boggling high prices, shooting up in the middle of a recession with the worst unemployment since the Great Depression, are a direct result of the pandemic. Buyers paid a median $27,000 more for a home in July than they did last year because the supply of available properties for sale plummeted at the same time that demand for them had skyrocketed. “When the pandemic helped tip the U.S. economy into recession, most homeowners and home buyers braced for falling house prices,” says realtor.com Chief Economist Danielle Hale. “That’s what happened in the last recession. But that’s not what we’re seeing in today’s market. We had a housing shortage already, and the pandemic has created conditions that have only worsened it.” The total inventory of homes on the market is about a third less—roughly 440,000 properties short—than what existed last summer. In some parts of the country, new home construction was delayed or paused in the spring in the beginning of the pandemic. Meanwhile, many sellers nervous about contracting COVID-19 from buyers touring their homes put off plans to list their residences or pulled them off the market. Many of those listings have yet to go back up. This intensified housing shortage collided with scores of buyers hoping to quarantine in larger abodes and take advantage of the lowest mortgage interest rates ever. Buyers who were sidelined by the virus in the spring are now jockeying with those who had planned to buy in the summer. And they’re competing with those who had no plans to move until the stay-at-home orders created a burning desire for additional square footage and a big backyard in which to ride out the crisis. Record-low mortgage rates have added fuel to the fire as homeownership is now more affordable for buyers. They dipped below 3% for the first time in the week ending July 16, according to Freddie Mac. (They have since ticked up to 3.01% in the week ending July 23.) Those shrunken rates can greatly reduce monthly mortgage payments. The reduced rates are a consequence of the federal government’s actions and the response of investors to the turbulent economy. “We have this market imbalance tipped pretty solidly in favor of sellers at this point,” says Hale. “Yet many homeowners believe that now is still not a good time to sell.” This has led to a return to bidding wars and offers over asking price, which is helping to drive up home prices. And it doesn’t look like they’ll be coming down anytime soon. Prices shot up even more in the latter half of the month, rising a median 9.1% in the weeks ending July 18 and July 25 compared with the previous year, according to realtor.com data. Where are home prices rising the most—and where are they down?Some Northeastern housing markets that were devastated in the spring by the pandemic have rebounded—and then some—as their number of positive cases has fallen. But prices are also up in California and Midwestern cities where the residents are currently being infected at higher rates. Of the 50 largest metropolitan areas, annual prices rose the most in Pittsburgh. Median prices in the Steel City and surrounding area were 25% higher in July than the previous year, hitting a median $249,950. Metro areas include smaller towns, cities, and suburbs. These areas outside of the densely packed cities where buyers can get more square footage and outdoor space for their money and have an easier time maintaining social distance have become more popular as the pandemic has dragged on. Pittsburgh was followed by Los Angeles, where prices rose 24.3% year over year, to $994,154. Next up was Philadelphia, up 18.5%, to $340,000; Cincinnati, up 18.5%, to $339,950; San Francisco, up 15.3%, to $1,054,210; Cleveland, up 13.5%, to $235,050; Boston, up 12.5%, to $675,050; Kansas City, MO, up 12.3%, to $351,025; Washington, DC, up 11.6%, to $529,995; and Providence, RI, up 11.4%, to $434,500. “The U.S. housing market performance is closely mirroring COVID[-19]’s path, which is providing clues into what we can expect for various housing markets in the months to come,” Hale said in a statement. “After being particularly hard hit in March and April, new coronavirus cases remain stable in the Northeast and we’re seeing buyers return to the market in force.” Home prices fell in only two of the nation’s 50 largest metros: Miami, where they dipped 1.5% compared with last year, and Orlando, FL, where they ticked down 0.9%. Median home prices were $403,826 in Miami and $320,050 in Orlando. The Florida cities have been hard-hit by the coronavirus, which may help to explain the declines. The post How the Coronavirus Pandemic Pushed Home Prices to a Record High appeared first on Real Estate News & Insights | realtor.com®. via https://www.realtor.com/news/real-estate-news/home-prices-hit-record-highs-during-pandemic/ A home built for a fashion icon by an architecture icon is now on the market for $4.2 million. The fully restored midcentury modern residence on Finney Farm Road in Croton-on-Hudson, NY, was built in 1953 for the artist Vera Neumann. She was known for her bold and colorful textiles, as well as her signature scarves, each signed “Vera” and featuring a ladybug. In the early 1950s, she and her husband, George Neumann, hired her friend the celebrated architect Marcel Breuer to design a 3,200-square-foot home on almost 3.5 acres on the Hudson River. Breuer was a modernist architect and furniture designer who studied at the famous Bauhaus and spent time teaching at Harvard. “It was custom-built for them, and she lived there for about 30 years,” says the co-listing agent, Inger Stringfellow. “It was an important house. She did a lot of entertaining both indoors and outdoors with people from New York City and the arts.” Neumann eventually sold the five-bedroom, three-bathroom home to an antique dealer, who lived in the home for a few decades and then sold it to the current owners in 2014 for $1.3 million. “It was not in good shape when my clients bought it. They are really devotees of Breuer in particular,” Stringfellow explains. The couple had already restored two midcentury modern homes in Litchfield, CT, so they were prepared for a major project with the Breuer design. As the agent puts it, “Everything got taken apart and put back together again.” As an example of the meticulous nature of the renovation, each stone in the blue stone floors was taken up, numbered, cleaned up, and put back in the exact same configuration. The home features two pools: one indoors and one outdoors. The indoor pool was a Breuer-designed addition in the early 1970s, and the outdoor one dates back to the home’s inception. Both were in sorry shape in 2014. “The outdoor pool was almost filled with dirt and had plants growing in it, and the indoor pool was not in great shape. They literally had to be taken apart and put together again,” Stringfellow says. There’s also an 800-square-foot guesthouse with one bedroom and one bathroom, which is connected to the main house. The current owners’ restoration work received the 2019 Preservation League of New York State Award for Excellence in Historical Restoration. “It literally is perfection. There was a lot of work to be done,” Stringfellow says. “The bathrooms and kitchen have all been done with top-end fixtures.” The furniture isn’t included in the sale price, except for the pieces that are built in, like headboards, credenzas, and the chairs that match the built-in sofa. However, other pieces that appear in the listing photos can be negotiated into an offer. The windows are frameless, with new mechanisms, to preserve the views of the Hudson River. “As you enter the house, you look out from the courtyard looking west out over the Hudson, with just magical views,” says Stringfellow. “Then the house is open to the other side to this beautiful interior courtyard, with a pergola that casts magnificent shadows, depending on the time of day. There’s a lot of drama in the house, but it’s also extremely peaceful.” The agent tells us she believes the buyer will be a creative type, ready to pick up a turnkey beauty. “There is a cult following for these moderns,” she says. “They’re purists, and they would like to have the originals, but restored up to the current standards.” The post Designed by Marcel Breuer, This Midcentury Home Has Been Beautifully Restored appeared first on Real Estate News & Insights | realtor.com®. via https://www.realtor.com/news/unique-homes/midcentury-classic-designed-by-marcel-breuer-croton-on-hudson/ The fate of the 2020 baseball season is in some doubt, but in addition to his potential duties behind the dish for the Washington Nationals, the catcher Kurt Suzuki has other distractions. Suzuki’s SoCal home in Redondo Beach, CA, is now on the market for $2.68 million. The custom-built, Craftsman-style home is located “in the most sought-after neighborhood of South Redondo” and was completed by the local builder Gary Lane in 2007. Suzuki and his wife, Renee, snagged the home eight years ago for $1,575,000. Measuring in at 3,800 square feet, the two-story, five-bedroom home sits on a large lot with a detached guesthouse out back. The lot also offers enough space to add a swimming pool if a buyer desires. The entire home has high ceilings that lend it an airy, open feel. Gorgeous walnut hardwood floors in the living room, family room, and bedrooms truly shine. An open concept kitchen features luxury appliances, double ovens, Caesarstone counters, and a walk-in pantry. Each of the four current bedrooms is located upstairs. The fifth bedroom is located on the main floor and has been used as an office/study area with built-in desks. Solar panels are conveniently located on the roof, to keep the electronic costs low and efficient. French doors open from the family room onto the large backyard, where you’ll find a built-in barbecue. After a workout or day at the beach, there’s an outdoor shower to cool off. The one-bedroom guesthouse has a kitchen and bathroom. It’s ideal for overnight guests or could be converted into additional office space. Suzuki and his wife own another home in the area that they purchased in 2018 for $2.9 million. After starring in college at nearby Cal State Fullerton, Suzuki’s big league career began with the Oakland A’s in 2007. He bounced around with a few different clubs, before becoming a key member of the Nationals’ 2019 World Series-winning squad. He made history during Game 2 of the World Series, when he became the first Hawaiian-born player to homer in a World Series game. Kathy Morris with Compass has the listing. The post Washington Nationals Catcher Kurt Suzuki Selling $2.68M Redondo Beach Home appeared first on Real Estate News & Insights | realtor.com®. via https://www.realtor.com/news/celebrity-real-estate/kurt-suzuki-selling-redondo-beach-home/ The numbers: The index of pending home sales rose 16.6% in June as compared with May, the National Association of Realtors reported Wednesday. The increase comes after pending home sales experienced the largest monthly rise on record last month, the trade group said. Compared with a year ago, contract signings were up 6.3%, a sign of how sharply the market has rebounded from its coronavirus-related low. “It is quite surprising and remarkable that, in the midst of a global pandemic, contract activity for home purchases is higher compared to one year ago,” Lawrence Yun, the National Association of Realtors’ chief economist, said in the report. “Consumers are taking advantage of record-low mortgage rates resulting from the Federal Reserve’s maximum liquidity monetary policy.” The index measures real-estate transactions where a contract was signed for a previously-owned homes but the sale had not yet closed, benchmarked to contract-signing activity in 2001. What happened: Every region experienced a monthly increase in pending home sales, led by the Northeast (up 54.4%). However, the Northeast was the only region that did not experience a year-over-year uptick in contract signings, a reflection of the longer pandemic-related lockdowns in those states. The trade group now expects that existing-home sales will only drop by 3% for all of 2020. The big picture: The continued rebound in pending home sales suggests that the real-estate market is thriving in spite of the continued rise in COVID-19 cases across the country. Two main factors are driving the surge in home-buying activity. Many buyers appear to be entering the market looking to make up for lost time — as such, the rise in sales is a reflection of the delays caused by the coronavirus outbreak. The low mortgage rate environment has also created a sense of urgency among Americans looking to purchase a home and lock in an attractive interest rate. Nevertheless, headwinds remain for the nation’s housing market. There’s still a shortage of homes available for sale, and some sellers continue to stay on the side lines rather than list their properties. The supply situation will inherently limit how many deals can close. “The impacts of social distancing seem to have more lasting impacts on supply, as new listings remain well below the 2019 levels despite the resurgence of demand we saw in May and June,” said Ruben Gonzalez, chief economist at real-estate brokerage Keller Williams. And while low mortgage rates are popular, if they stay this low for an extended period of time, the novelty will likely wear off, experts say. Once Americans get used to sub-3% rates, they may not act as the same catalyst driving sales volumes as they are now, Realtor.com chief economist Danielle Hale told MarketWatch when the 30-year mortgage dropped below 3% on average for the first time earlier in July. Finally, coronavirus cases have continued to increase across much of the country throughout the summer, including in Sunbelt states with some of the largest real-estate markets in the country. It’s not fully clear yet how that rise in cases may affect consumer confidence and people’s interest in buying a home in those areas. And the quick adoption of virtual home-showing technology across the real-estate industry should stave off some of the negative effects from the rise in COVID-19 cases, Gonzalez said. What they’re saying: ”The numbers tend to trend broadly in line with mortgage applications, which have fully recovered from their COVID-induced drop in the early spring,” Ian Shepherdson, chief economist at Pantheon Macroeconomics, said in a research note. Market reaction: The Dow Jones Industrial Average and the S&P 500 were both up slightly in Wednesday morning trading ahead of an antitrust hearing with tech giants Apple, Amazon, Facebook and Alphabet. The 10-year Treasury note’s yield was down as traders waited for a policy update from the Fed. The post Pending Home Sales Continued to Rebound Across the Country in June (for Now) appeared first on Real Estate News & Insights | realtor.com®. via https://www.realtor.com/news/real-estate-news/pending-home-sales-continued-to-rebound-across-the-country-in-june-for-now/ Former Cincinnati Bengals quarterback Andy Dalton is looking to score a sale of his home in Cincinnati. Now that the longtime Bengal signal-caller has signed on with the Dallas Cowboys, he’s vacated the Ohio abode. The traditional-style residence is now available for $2.5 million, the Cincinnati Enquirer reported. For Bengals fans, moving into a piece of sports history might be an added amenity. Dalton purchased the place for $1.05 million in 2016—and scored a bargain in the process. The home had been on the market for over a year and was initially listed for $1,425,000. While a sale at Dalton’s current asking price would be a big win, he did invest in a significant renovation, which may cut into his profit. For the next owner, though, the turnkey option is a “buyer’s dream,” according to the listing details. The listing also notes that the home has been “impeccably designed and completely renovated.” The charming home features five bedrooms, 4.5 bathrooms, and 5,654 square feet of living space. From the front of the house, a large, covered porch is spacious enough for some outdoor furniture. Inside, the formal living room with a fireplace is surrounded by built-in shelving. A formal dining area features a chandelier and a bar cart. The stylish open kitchen includes an island, casual dining area, open shelving, and a herringbone backsplash. The kitchen opens onto a family room and French doors that open to the backyard. An adjacent space includes a built-in desk. Upstairs, the master bedroom has a walk-in closet and a large bathroom with separate shower, tub, and dual vanities. Most of the other bedrooms can be found on the second floor. However, a guest bedroom and bath are located on the home’s lower level. That bottom floor also includes a game room and lounge area with a flat-screen TV. Sharp-eyed fans may spot some sports memorabilia decorating the space. A yoga or exercise area with a mirrored wall is also set up. Outside, a covered deck features a seating area with an outdoor fireplace and TV, as well as a grassy lawn. The property also includes a three-car garage. Dalton, 32, was drafted by the Bengals in 2011, and starred as quarterback for nine seasons, making the Pro Bowl three times and reaching the playoffs four times. After his release from Cincy, he signed a one-year deal with the Cowboys worth up to $7 million. Here’s a bonus for the Texas native. He has no need to go house-hunting, since he already owns property in Dallas. Dalton has roots in the area, as he starred in college at Texas Christian University, in nearby Fort Worth. Drew Homan with Coldwell Banker West Shell-Hyde Park holds the listing. The post Now a Cowboy, Former Bengals QB Andy Dalton Is Selling His Cincinnati Home appeared first on Real Estate News & Insights | realtor.com®. via https://www.realtor.com/news/celebrity-real-estate/andy-dalton-selling-cincinnati-home/ These days, we’re all in on guilty pleasures. In search of dreamy real estate, we cast our eyes to the apex of the market—the rare air of America’s most expensive homes on the market right now. When we last looked in summer 2019, the nation’s most expensive home was Chartwell, the renowned Bel-Air estate, priced at $195 million. However, it’s no longer on our list, thanks to its $150 million sale late last year. It’s a new cast of eye-popping places, with a few familiar faces from our sojourns into seriously expensive mansions. And while it may seem counterintuitive to have a $100 million-plus listing on the market at this moment in history, the time might be exactly right for a rarified group. Major pieces of property with lots of land and high-end amenities are quite appealing in this era of sheltering at home. And what better way to encase yourself in a bubble than in one of these 10 regal residences? Scroll on down for a full look at the priciest properties for sale in America. 1. 67 Beverly Park Ct, Beverly Hills, CAPrice: $160 million Seven years in the making, the property is the “largest assemblage in Beverly Park.” Set on 9 acres and accessed by its own street, the gated compound includes a 30-car courtyard, surrounded by 40-foot-tall palms. The setting will make you think you’ve been transported to Europe. The 20,000-square-foot mansion, designed by William Hablinski Architecture, has 20 beds and 23 baths. The interior boasts “every possible amenity,” including high ceilings, large formal gathering spaces, and arched doorways. Out back, there’s 4 landscaped acres, which include a pool and pool house, two-story guesthouse, tennis court, and a walking/jogging trail. Not enough space? A separate lot comes with room for additional development. The area is home to such celebs as Mark Wahlberg and Eddie Murphy. This pricey property is reportedly owned by the CEO of Air Lease Corp., Steven F. Udvar-Házy, and his wife, Christine. The couple listed the mansion three years ago for $165 million. The price was reduced this month. ——-- 2. 1080 Meadow Ln, Southampton, NYPrice: $150 million The 14-acre parcel with 700 feet of beachfront includes three contiguous lots with opportunities to build. There’s a 12,000-square-foot main residence with indoor pool, a tennis court with tennis house, pool and spa, pool house, and two golf greens with golf houses. The sprawling coastal property was purchased in three separate transactions, and the buyer had big plans to build a family compound. Instead, he placed the entire property back on the market in 2017 for $150 million, where it has sat ever since. ——-- 3. 2000 S Ocean Blvd, Manalapan, FLPrice: $137.5 million The South Florida showstopper comes with a 12-bedroom, 62,200-square-foot main residence; a couple of four-bedroom cottages; a seven-bedroom Mango House; and guest/staff quarters comprising four studios and apartments. You’ll never need to leave the premises. The recreational perks include a swimming pool, PGA-standard golf area, regulation tennis court, half-basketball court, fitness center, and spa. Paths lead to the ocean and the lake, which features a dock and pier. It made a splashy debut in 2016 with a whopping $195 million list price. The price was reduced by $30 million the following year. It was reduced to its current price in 2017. ——-- 4. 27560 Pacific Coast Highway, Malibu, CAPrice: $125 million The 3-acre property is located in Malibu’s Paradise Cove. It includes a main house, guesthouse, pool, and 256 feet of beach frontage. The current owner is Diana Jenkins, founder of the health drinks company Neuro Drinks, according to the Wall Street Journal. The main residence features vaulted ceilings, herringbone-patterned floors, an entertainment room, chef’s kitchen, wine room, recording room, and staff office. The three-story guesthouse includes three rooms, a kitchen, and a patio with an aquarium wall. ——-- 5. 1011 N Beverly Dr, Beverly Hills, CAPrice: $125 million The legendary home set on 3.5 acres has 18 bedrooms and 22.5 baths. The grounds include walkways, fountains, waterfalls, a tennis court, as well as a swimming pool and pool house. Known as the Beverly House, the property was stuck in a “tangled financial web” in 2016. It’s bounced on and off the market for a few years and was priced as high as $195 million in 2016. It was relisted two years ago for $135 million. ——-- 6. 141 S Carolwood Dr, Los Angeles, CAPrice: $115 million Designed by architect Robert D. Farquhar in 1936, the European-style estate is set behind tall hedges and includes 10 acres of rolling lawns, a tennis court, pool, and pool house. The 12,000-square-foot residence has 10 bedrooms and nine baths. According to the listing, the property is the largest compound in Holmby Hills and comprises three contiguous lots, which offers a buyer “endless opportunities.” Renderings of a modern mansion with luxurious finishes and a sleek interior suggest what the next owner could do to bring it into this century. ——-- 7. 27930 Pacific Coast Highway, Malibu, CAPrice: $115 million The 10,646-square-foot modern residence set on 2.5 acres comprises two wings that face each other. They’re connected by a two-story entry with a floor-to-ceiling chandelier, a spiral staircase, and walls of windows. It first surfaced on the market in February. The 12-bedroom, 14-bathroom home features an open floor plan. Out back, the dramatic infinity pool seems to float over the coastline. There’s also a tennis court, eight-car underground garage, and private beach. ——-- 8. 1341 S Ocean Blvd, Palm Beach, FLPrice: $110 million Called Pietra Mare, it first came on the market for $109.5 million in 2018. It was recently relisted with a slightly higher price tag. The 28,399-square-foot residence has seven bedrooms, nine bathrooms, and six half-baths. The home features soaring ceilings, stone floors, and walls of arched windows. Landscaped grounds include a pool and spa, guesthouse, and 170 feet of beach frontage. There’s also covered outdoor space for dining and lounging. ——-- 9.14000 Calle Real, Goleta, CAPrice: $110 million Each home has five bedrooms, a guesthouse, wine cellar, home theater, pool, and helipad. Originally a land grant from Carlos III, the King of Spain, the breathtaking property includes hillsides, coastal meadows, orchards, and grassland, along with farmlands and a cattle range. The secluded property is close to the affluent hubs of Santa Barbara and Montecito. ——-- 10. 10697 Somma Way, Los Angeles, CAPrice: $100 million There’s a full-size basketball court, as well as a wellness center with a 75-foot indoor lap pool, a sauna, steam room, and gym. To relax, there’s a 36-seat home theater, wine cellars, and a recording studio. If you’d like to kick back outside, there’s a resortlike yard, multilevel patios, infinity pool and spa, weather-proof Samsung wall, and kitchen. You can easily host guests with eight bedrooms, 21 bathrooms, and a 20-car auto gallery. The post $100M-Plus Club: The 10 Most Expensive Homes in the U.S. appeared first on Real Estate News & Insights | realtor.com®. via https://www.realtor.com/news/trends/100-million-plus-club-10-most-expensive-homes-in-america/ The pro golfer Corey Pavin hopes to line up a buyer for his longtime Los Angeles abode. Pavin’s place is now on the market for $3,599,000. Pavin purchased the Brentwood-area home for $3 million at the end of 2007. When he bought it, the gated property was said to have been recently renovated, and it has remained in pristine shape. The current listing details note that the space is “well-maintained and move-in ready.” The modern residence features walls of glass with multiple access points outside, soaring ceilings, and plenty of natural light. “The Zen indoor/outdoor flow behind the gates brings in a sense of tranquility instantly,” says the listing agent, Jesse W. Morton of Douglas Elliman. “Surrounded by tall trees and beautiful wildflowers, this compound delivers both peace and serenity and transports you to another time.” Built in 1961, the single-story home offers an open floor plan with three bedrooms, 3.5 bathrooms, and 2,908 square feet. The living room features vaulted ceilings, a fireplace, and glass walls that lead out to the backyard. The large, updated kitchen could easily fit an island or breakfast table. A formal dining room looks out to the patio. The master bedroom suite contains dual walk-in closets, a large soaking tub, and an oversized shower. It also offers access to a private sideyard. The home also includes a gym that could be used as an office or nursery. Set on over a half-acre, the grounds feature mature landscaping that offers scenic, private surroundings. A spacious patio incorporates a water feature with space for entertaining and dining. The single-level home also includes two more en suite bedrooms with French doors, and an office with French doors. Parking is plentiful, with a two-car garage, as well as a circular drive with room for more vehicles. Dual security gates ensure privacy. Pavin, 60, a native of Oxnard, CA, has reportedly also owned homes in the Dallas and San Diego area. He has won 15 events on the PGA Tour, including the U.S. Open in 1995. His career earnings in pro golf top $16 million, and he’s currently on the on the PGA Champions Tour. The post PGA Star Corey Pavin Swings for a Sale of His $3.6M Brentwood Home appeared first on Real Estate News & Insights | realtor.com®. via https://www.realtor.com/news/celebrity-real-estate/corey-pavin-selling-brentwood-home/ San Francisco is known for its postcard-perfect “Painted Ladies,” those colorful Victorians with ornate facades. But there’s actually a wild melange of housing styles packed within its 49 square miles. And it is possible to find a midcentury modern gem if you sift through the housing stock. On one of the highest peaks in the city, we’ve spotted one of these midcentury marvels. It’s on the market for the first time since it was built in the late 1950s, and the custom-designed residence is now available for $6 million. Commissioned by the family that has lived in the home since 1958, it was built in a San Francisco that’s just a faint memory today. “There were few homes on Clarendon Heights at the time,” says the listing agent, Dona Crowder with Coldwell Banker, who also lives in the neighborhood. She notes that utilities for the street didn’t go up until the 1930s. The centrally located hillside features about 100 houses and dead-end streets, and is surrounded by nature. Each home built in the area is the reflection of an owner’s personal vision and the vision of the architect hired to execute on that vision. The modernist firm Campbell and Wong came up with an ingenious way to accommodate the steep slope of this lot close to Twin Peaks. The two-car garage was built street side, with the canopied and terraced entrance leading into a large center courtyard. The residence was placed at the rear of the downhill slope and features six bedrooms and 3.5 baths on three floors. The front door opens to the middle level of the home, with a wall of windows that look out to jaw-dropping views of the city. On the main level, the high-ceilings of the living and dining rooms include an original slatted-wood room divider. It can slide closed to define the spaces and also serves as an architectural feature. One floor up are the three family bedrooms, with a private deck that overlooks the garden courtyard. The bedrooms contain pocket doors that can be opened so all three rooms can be combined to make one large space. On the opposite side of the floor, a large double bedroom, walk-in closet, and en suite bath with an attached balcony serves as the main bedroom wing, with the second room used as an office, home gym, or sitting area. Downstairs, the bottom level features a rumpus room and a guest suite with its own set of unique views. The home, perched above the city, feels as if “you’re in your own resort,” according to Crowder. At the same time, she says, you feel that you’re in the city. The location is within walking distance to Cole Valley shops and restaurants, and equally close to Tower Market and the shops of Diamond Heights. It’s also a relatively easy commute to downtown or Silicon Valley, and a plenty nice place to set up a home office with views of the whole Bay Area. “It’s kind of an inspired design,” Crowder says. The idyllic home’s interiors rated publication in the 1961 House & Garden “Book of Building.” The mechanical systems—wiring, heating, and plumbing—have been updated along with the kitchen appliances, but other than that, the home looks as it did 60 years ago. “It’s very original, which is what is so appealing about it,” she says. “It’s a collector’s piece.” The post Built in 1958, a San Francisco Midcentury Modern Hits Market for the First Time appeared first on Real Estate News & Insights | realtor.com®. via https://www.realtor.com/news/unique-homes/san-francisco-midcentury-modern-lists-for-first-time/ |
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April 2021
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