#luxury-real-estate

#luxury-real-estate

Perched a knee-buckling 1,000 feet above the street with four bedrooms and five bathrooms, the over 5,100-square-foot penthouse is the only full-floor residence in the building. Still, "The residence blends architectural grandeur with intimate warmth," press materials explain. Tall windows framing New York City landmarks, such as the One World Trade Center, speak to this-allowing natural light to softly highlight interiors by Gachot Studios.

Nicklas Backstrom ditched the DC area for his native Sweden last year, capping a 17-season career as a center for the Washington Capitals. In April, he listed his ritzy McLean mansion for sale at $14.99 million; he dropped the price to a cool $11.9 million in July. The property sold on Wednesday for $11 million. The listing agents were Sherif Abdalla and Ali Alasgar Farhadov of Compass.

Under the Corcoran affiliation, the firm will continue operating from its existing offices in Charlottesville and Orange County. Our reputation has always been rooted in integrity, deep community ties and guiding clients through even the most complex transactions with care, said Peter Wiley. Affiliating with the Corcoran brand amplifies that foundation marrying our local knowledge and trusted relationships with world-class marketing, technology and brand power.

In a housing market defined by high mortgage rates and tight inventory, the very top of the market is still moving-sometimes at jaw-dropping prices.

In a housing market defined by high mortgage rates and tight inventory, the very top of the market is still moving-sometimes at jaw-dropping prices.

In a housing market defined by high mortgage rates and tight inventory, the very top of the market is still moving-sometimes at jaw-dropping prices. In Saint Petersburg, FL, recent sales show just how much buyers are willing to pay for location, scale and exclusivity. Below are the most expensive home sales in Saint Petersburg, FL, highlighting properties that commanded the highest prices:

In a housing market defined by high mortgage rates and tight inventory, the very top of the market is still moving-sometimes at jaw-dropping prices.

In a housing market defined by high mortgage rates and tight inventory, the very top of the market is still moving-sometimes at jaw-dropping prices.

In a housing market defined by high mortgage rates and tight inventory, the very top of the market is still moving-sometimes at jaw-dropping prices.

In a housing market defined by high mortgage rates and tight inventory, the very top of the market is still moving-sometimes at jaw-dropping prices.

In a housing market defined by high mortgage rates and tight inventory, the very top of the market is still moving-sometimes at jaw-dropping prices.

Douglas Elliman has always been defined by its agents their expertise, their relationships, their entrepreneurial spirit, Passerini said in a statement. Coming back as CMO is a full-circle moment for me, and I'm excited to lead a brand evolution that puts our agents front and center. We're building a platform that amplifies their voices, elevates their visibility and gives them every advantage in the most competitive luxury markets in the world.

In today's luxury housing market, it's become increasingly difficult to sell for what the homeowner might think the home is worth-and even high-profile sellers have been forced to drop prices on their megamansions. Because home prices and mortgage rates remain elevated, buyers are scrutinizing their purchases now more than ever. Plus, in several luxury housing markets, extra " mansion taxes " are tacked on, making purchasing costs even more expensive.

A residential compound in Beverly Hills' tony Beverly Park has reentered the market with a new look as the seller seeks to entice buyers with an 11 percent price cut. The roughly 28,000-square-foot home at 73 Beverly Park Lane headed back on the market last week with an asking price just under $80 million, or $2,807 per square foot. It was Los Angeles County's priciest listing last week, according to the Eklund Weekly Luxury Report Los Angeles.

The Walters | Plaxen with career sales in excess of $1 billion, is the latest big get for Sotheby's, which earlier this year recruited Ernie Carswell from Douglas Elliman. Carswell brought his 15-person team, Ernie Carswell & Associates, to Sotheby's in May with the agent referring to the brokerage in an interview with The Real Deal at the time as being at the top of its ilk, adding my team and myself now want that type of solid track of consistency and longevity.

"Most respected" is subjective and can depend on whether you are buying, selling, or renting, as well as the specific neighborhood and price point (e.g., luxury vs. standard). Several large national firms with local Boston offices, as well as specialized local boutique firms, are highly regarded based on client reviews, market presence, and industry recognition. Highly reviewed and prominent real estate offices in the Boston area include:

On Wednesday, The Sarkis Team, led by George and Manny Sarkis and brokered at Douglas Elliman, launched its very own private exclusive listing platform. According to the announcement, the platform, which is currently hosted on the team's website SarkisBoston.com, debuted with 15 exclusive listings, representing more than $200 million in private listings. Through the website, invited consumers can access SARKIS SOON, an invite-only marketplace, which shows exclusive listings across on-market, pre-market and fully private opportunities.

Senada Adžem, the executive director of luxury sales at Douglas Elliman, said before she started selling homes in the development, prices averaged around $6 million. Adžem broke the mold when she put a house up for sale in the neighborhood for $20 million in 2018. It took her two years to sell it for the first time, but it then sold several times after that. Just last month the same property, now remodeled, sold to Wahlberg for $37 million.

The Bentley Residences, currently under construction at 18401 Collins Ave., will stand a head-turning 749 feet high, taller than all the other towers lining Sunny Isles Beach. The Bentley-branded skyscraper broke ground in early 2024 and is slated for completion in 2028. Dezer Development describes the Bentley project as its "current crown jewel." Designed in conjunction with Bentley Motors, the 62-story building features a sparkling diamond-quilted glass façade reminiscent of the diamond pattern seen in the interior of a Bentley.

Development of the massive One Beverly Hills residential and hotel complex reached a milestone over the weekend as construction started going vertical. The work to erect the two tallest towers in Beverly Hills started Friday with an overnight continuous pour of 3,800 cubic yards of concrete, the equivalent of 41,000 wheelbarrows-full. It was the first of multiple foundation pours that will take place over the next 12 months, developer Cain said.

Strolling through estates in Pacific Heights, Atherton, or the hills of Marin, it's easy to question whether you're touring a residence or an art gallery. These properties are evolving into curated showcases, where the architecture, decor, and artwork are as much the stars as the sprawling kitchens or infinity pools. High ceilings, natural light cascading through floor-to-ceiling windows, and interiors designed by internationally acclaimed designers make these estates feel more like private museums than places to hang your coat.

Jeff Bezos is one of the richest men in the world. The Amazon founder, who is worth an estimated $245 billion, shelled out $237 million on his Miami compound where he currently resides with his wife, Lauren Sánchez. And when he moved there, the sale of his Seattle home was the most expensive home ever sold in Washington State at $63 million. But the fourth-richest man in the world spent even more on his superyacht-more than double, to be exact.

A bathroom that's all silver-wave marble and a travertine-clad kitchen with a fridge stocked with Hailey Bieber smoothies (sorry - smoothies with the " spirit of Hailey"). And yet its most astonishing feature is somehow the front door: almost comically large, two stories tall. "This is maybe the most insane door I've ever seen," says Alanna, one of the Oppenheim Group brokers touring the house during the most recent season of Selling Sunset.

The firm reports that although the West accounted for a third of luxury revenue last year, states across the Southeast including Florida, Georgia and the Carolinas are expected to post the fastest growth through 2030. The region's appeal includes low taxes, warm weather and access to high-end amenities. Realtor.com senior economist Anthony Smith said the forecast aligns with long-term trends. Following a surge in demand and pricing during the pandemic period,

Photograph of Roush house by Andrew Sample. Where: McLean. Bought by: Corey Roush, an antitrust attorney at Sidley Austin. Listed: $4,449,950. Sold: $4,375,000. Days on market: 21. Bragging points: A 10,100-square-foot house with six bedrooms, six bathrooms, two half baths, four fireplaces, a two-story foyer, a media room, a fitness studio, a sauna and steam shower, a motorized screened porch, a heated deck, and a covered terrace.

Dubai's getting another jaw-dropping addition to its skyline, and this one's a real showstopper. Sobha Realty just unveiled Sobha SkyParks, a massive 109-story tower that'll stretch 450 meters into the sky. When it's done, this giant will rank among the UAE's five tallest buildings-quite a feat for any developer. The project comprises 684 luxury apartments across 109 floors, each offering incredible views of the city sprawling below.

Dubbed Palazzo di Lago, the nearly 18,000-square-foot contemporary manse was designed with "the tranquil glamour of Lake Como" and the "seductive allure of Bond's Casino Royale," as the listing description puts it. That design brief materialized in the form of no-holds-barred extravagance: At the end of a paved motor court, a grand portico entrance is flanked by waterfall fountains lined with white marble.

The online real estate database released its 10th annual 100 most expensive zip codes in the U.S., which includes Boston at No. 54, Nantucket at No. 63, Chilmark at No. 64, Weston at No. 72, and Wellesley Hills at No. 80. The nation's priciest housing markets remain overwhelmingly coastal, according to the report. The PropertyShark list includes 15 states, and California once again dominated the luxury market with 61% of entries.

Beverly Hills' 25-acre Palazzo di Amore estate is on the market once again, asking $195 million, The New York Post reported. The price works out to $3,679 per square foot and $7.8 million per acre. It was last on the market in 2017 with a $129 million asking price, down from the list price of $195 million in 2014, when it was the most expensive home for sale in the country.

Nestled on five largely wooded private acres, this sanctuary blends classic charm with substantial sustainable upgrades. Designed for the nature lover, the property is enhanced by mature landscaping, including a specimen magnolia tree and a small, productive orchard. Enjoy the tranquility from the expansive back deck or the covered front porch, complete with a swing. The spacious home boasts six bedrooms and six full baths, four cozy fireplaces, and elegant hardwood floors.

The Georgian-style abode was originally built in 2009 for Rob Lowe, who opened its doors to Architectural Digest the following year. After scooping up the 11,500-square-foot estate, the "Payphone" singer and Victoria's Secret model enlisted AD100 firm Clements Design to renovate the nine-bedroom, 14-bathroom home with a minimalist aesthetic. The primary suite boasts several terraces, a grand bathroom decked out with white marble, and dual dressing rooms.