Table Of Content
The two-house compound, which is accessed from a private cul-de-sac, is spread across five adjoining ... Beyond the living room and kitchen, the estate is a maze of unique interior design tips that epitomize contemporary Santa Barbara living whilst honoring timeless features. These include a wood-paneled library and ornate mantlepieces that offer a blanc design canvas with a historical twist. Williams said he has two offers on the table — one from a Saudi royal and one from a wealthy Chinese buyer. He said more offers are expected soon from crypto buyers who are "looking at this house as their own space station."
$135M Compound in Woodside, CA, Is the Bay Area’s Most Expensive Listing
If it doesn't sell quickly, "The One" heads to auction in February and will be sold to the highest bidder. After spending so much time and effort to carefully assemble this prestigious property along the Central Coast, why are Kovner and his wife, Suzie, ready to part with it? They’re reportedly spending more and more time on the East Coast, where they have two homes in New York and one in Florida. Shaped like a “U,” one house opens to a loggia that wraps around a swimming pool and spa. California’s most expensive residential property isn’t found in Los Angeles County or the Bay Area, but the low-key beach city of Carpinteria. In the small oceanfront community, a 22-acre spread known as the Sanctuary at Loon Point just surfaced for sale at $160 million.
Iconic Southern California Estate
During her BA in English Literature and Creative Writing, she gained writing experience in the US while studying in New York. Megan also focused on travel writing during her time living in Paris, where she produced content for a French travel site. She currently lives in London with her antique typewriter and an expansive collection of houseplants. Sanctuary at Loon Point similarly resets Carpinteria’s garden ideas with its exquisitely designed courtyards, complete with marble statues and its ocean-view terraces. The interiors continue to reshape elegant kitchen and living room ideas, most particularly through its open-plan design that combines the two spaces to create a large space for entertaining. Sanctuary at Loon Point, California’s most expensive home, has just entered the market – with a price tag of $160 million (£117.4 million).
The Largest and Priciest Mansion in Pasadena, California, Relists for $36.5 Million - Mansion Global
The Largest and Priciest Mansion in Pasadena, California, Relists for $36.5 Million.
Posted: Fri, 27 Oct 2023 07:00:00 GMT [source]
of the Most Expensive Homes for Sale in California Right Now Listed by Redfin
Before joining The Times as an intern in 2017, he wrote for the Columbia Missourian and Politico Europe. The home boasts a number of resort-like amenities, including a pool, pool house, and tennis court. Casa Encantada is a Depression-era construction, built on approximately 8.5 acres of prized Bel-Air property in the 1930s. It was first conceived as a the dwelling of widow Hilda Boldt Weber, who was married to successful glass manufacturer Charles Boldt.
California’s priciest property is a $160-million compound in Carpinteria
Situated on 10.4 acres in the middle of posh Bel Air, Chartwell has a wine cellar that holds 12,000 bottles, a car gallery for 40 cars, a 75-foot pool with pool house, and a five-bedroom guest house. As if that’s not enough, its location boasts views from downtown to the Pacific and a French chateau-style garden maze. Nestled above the San Dieguito Lagoon, this home captures quintessential Southern California views. Positioned in one of the most sought-after neighborhoods in Del Mar where buyers are willing to pay premium prices (over $3 million to be exact), this residence epitomizes seaside living. With dual primary suites on opposite wings, sliding glass doors seamlessly blend indoor and outdoor spaces, showcasing a wraparound deck. With real estate expertise and local knowledge, your Premier agent can help you get the best deal when buying or make the most money possible when selling your luxury home.
The left portion of the estate will consist of a guest house spanning approximately 26,000 square feet, while the main house, located at the top of the hill, will measure about 52,000 square feet in size. Also included in the plans are indoor and outdoor swimming pools, multiple car galleries, a bowling lane, a theater and spa facilities. Built on a leveled mountain, it has views of the Pacific Ocean, downtown Los Angeles and the San Gabriel Mountains. It has seven water features, including a massive moat that runs around the property.
Sanctuary at Loon Point: $160 Million
He told the Wall Street Journal that he started with a 3.5-acre parcel along the coast in 2017, and went about adding adjacent parcels one by one. The Sanctuary has been carefully developed and curated over the past 14 years by Bruce Kovner, a retired hedge fund manager. The Southern California median home prices rose 17% to a record high in July, though there are some signs the market is cooling. Kurt Rappaport of Westside Estates Agency holds the listing with Drew Fenton of Carolwood Estates. The aesthetic updates as well as the installation of new heating, cooling, plumbing, and electrical systems costs tens of millions of dollars, the Winnicks told WSJ. Presumably, the cost of the renovations would be more than recouped should the Winnicks secure an offer around their asking price for the mansion.
$250 Million: Mohamed Hadid Seeks Record Price For L.A.’s Largest Permitted Compound
"Demand for U.S. real estate is through the roof because the dollar is weak and people want real tangible assets." Loon Point has taken over the title of California’s most expensive home, set back in March by yet another multihome compound in Northern California. Still on the market for $135 million, the Woodside, CA, property consists of 74 acres and seven houses. Views are the main attraction in the other home, as arched walls of glass line the living spaces and take in views of the coast. The Carpinteria compound is owned by Bruce Kovner, an investor and hedge-fund manager who serves as chairman of the board of the Juilliard School.
With its 22 acres of lush landscaping, the land divides into five parcels – featuring two distinct estates, Ocean View and Bellevue – connected by a private road. These Mediterranean-style mansions are something to behold, but much of their grandeur remains hidden from the public underneath its terracotta tiled roof. Yet lenders and brokers hope the property is coming to market at an ideal time. Sales of properties priced at $10 million or more doubled in 2021 compared with 2019, before the pandemic, with a total of 312 sales, according to Miller Samuel.
The financier and philanthropist has also decked the abode out with an impressive collection of art, including pieces by Edward Hopper and Cy Twombly. A portrait of George Washington in the home’s study was originally commissioned by Benjamin Franklin himself. To compile this list, we sourced the data from well-known real estate listing websites like Zillow, Trulia, and Redfin. The process involved accessing readily available information on these platforms, making it a straightforward endeavor. According to Iglesias, the construction manager handling the development estimated that the permitted compound will cost in excess of $135 million to build.
If the Carpinteria estate receives its full asking price, it will be the second most expensive home ever sold in California, following only behind Jeff Bezos’ Warner Estate, costing $165 million. For guests or staff, it has a three-bedroom guest house with its own infinity pool. Kirman added that the property is more than a house — it's a full-scale private resort for "the billionaire buyer who wants all-inclusive living."
People involved in the court process said "The One" would have to sell for around $200 million just to pay back the debt, including the auction fees and other costs. If it sells for less, the lenders may have to take a loss, or the property could wind up in further foreclosure litigation. A 105,000-square-foot megamansion, known as "The One," in the Bel Air section of Los Angeles listed Friday for $295 million, making it the most expensive listing in America. If $160 million is a bit rich for your blood, or the estate is a few acres more than you can handle, the Kovners may be willing to sell a portion of the property. A 10-acre parcel, which includes the property’s original home, could be purchased for $80 million. “There are two coastal access points—one is private access, down beautiful stone steps to the beach.
This contemporary gem is located in the desirable Palos Verdes Estates neighborhood where homes frequently sell over the $2 million mark. “961 Via Rincon offers a luxurious coastal living experience with mesmerizing ocean, city and mountain views. This exquisite property includes spacious living areas and modern amenities in one of Southern California’s most coveted neighborhoods,” shares listing agent Rick Wilkinson.
No comments:
Post a Comment