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Dr. Phil Lists Bonkers Beverly Hills Mansion for $5.75M

Self-help guru and TV personality Phillip McGraw, better known as Dr. Phil, is selling the Beverly Hills, CA, mansion for $5,750,000 where his rocker son, Jordan McGraw, had been living with his bandmates. And it’s quite an eyeful! Part playhouse, part Tim Burton homage, the outrageous, high-dollar design and questionable taste have sparked some big-time controversy on the web.

Ever since the Los Angeles Times first published the photos from the listing, social media has had a field day poking fun at the unconventional—dare we say, crazy?—interiors that only a 20-something with unlimited funds could have dreamed up.

In summer 2016, a then-28-year-old Jordan offered The Daily Mail a tour of the estate. “The idea is kind of Tim Burton threw up on a canvas, and it turned into a house,” he explained.

Regurgitation isn’t usually a design aspiration for a nearly $6 million Beverly Hills mansion, but, hey, Dr. Phil’s kid clearly had a vision for interior decoration that’s unique. He dreamed up the wild wonderland with the help of L.A. design firm Mogul, according to the Mail.

As you enter the property, which the listing calls “eclectic,” there’s a snake fountain, a reference to “A Nightmare Before Christmas,” giving guests just a hint of the acid trip to come. In the foyer, there’s the bedazzled bar at the bottom of the entry, which is meant to look like the rabbit hole in “Alice in Wonderland.” And the showstopper? It’s the jaw-dropping, glassed-in wall of guns adorning the dining room.

Some of the photos, including one of the wall of guns, have been removed from the listing after receiving tons of social media criticism. The home’s listing agent, Billy Dolan of Hilton and Hyland, didn’t return a call and email for comment.

Black velvet wallpaper aside, the five-bedroom, 6,170-square-foot estate sits on a gated half-acre just minutes from the Beverly Hills Hotel, and has plenty to offer potential buyers willing to take on a remodel.

For his part, after leaving his stamp on the decor, Jordan has left the property behind to tour with the Jonas Brothers.

January 10, 2020No comments
Ellen Pompeo Sells Her Custom-Built Modern Farmhouse in the Hamptons for Nearly $3M

After the arrival of her third child, Ellen Pompeo realized the family had outgrown their summer retreat in Sag Harbor, NY. She listed the Hamptons hideaway for $3.8 million. Two years later, the stylish farmhouse was sold for $2,995,000.

The actress bought the place in 2011 for $925,000, property records show. After tearing down the existing cabin, she built this exquisite 2,400-square-foot home in 2013. It’s rustic on the outside and refined and modern inside.

This incredible three-story, five-bedroom, four-bathroom home with a pool sits tucked away on more than 8 acres.

Highlights of the interior spaces include a double-height ceiling in the living room, cozy fireplaces, and a roomy country-style kitchen.

So what attracted the new buyers to this property? Their representative, Martha Gundersen of Douglas Elliman, says they simply fell in love.

“The buyer loved the privacy and uniqueness of the house,” Gundersen explains. “They wanted something beautiful and turnkey. They had initially been looking for something close to the ocean, but this property was too special to pass up.”

Pompeo recently signed on for two more seasons of “Grey’s Anatomy,” which was unsurprisingly renewed for a Season 17 by ABC, making her the star of one of the longest-running shows in TV history.

Pompeo and husband Chris Ivery have bought and sold an impressive portfolio of real estate, including an oceanfront retreat in Malibu, CA, a mansion in L.A.’s Los Feliz neighborhood, and a Spanish-style villa in L.A.’s Hollywood Hills, which was sold in June 2018 for $2,765,000, according to property records.

 

via@realtor.com

January 10, 2020No comments
An Ultra-Luxe Private Island in Miami

Just off the shore from South Beach, Fisher Island offers total seclusion to roughly 800 families

Fisher Island is only 7 minutes by ferry from Miami, but the 216-acre island is worlds away from South Beach. Perhaps that is because its history is so unique. In 1905, to provide better seaport access, Miami cut through the barrier island that today is known as Miami Beach. This created an island that business tycoon Carl Fisher purchased in 1919 but traded to William K. Vanderbilt II in 1925 in exchange for Vanderbilt’s 265-foot yacht. After Vanderbilt died in 1944, the island—on which Vanderbilt had commissioned famed architect Maurice Fatio to build him a Mediterranean-style compound—changed hands until development began in the 1980s. Today, about 800 families from more than 40 different countries inhabit this uber-private oasis, where life revolves around the Fisher Island Club, which opened in 1987 on the site of the Vanderbilt Mansion. Residents—a mix of highflying CEOs and entrepreneurs—drive around in golf carts, send their children to the Fisher Island Day School (which offers Mandarin classes) and use amenities such as the community’s own medical clinic and safety department.

 

Event of the year

The Yacht Rendezvous, which benefits the Boys & Girls Clubs of Broward County, is one of the world’s biggest annual superyacht social gatherings. Each fall, guests spend three days participating in events such as yacht open houses and a silent auction. More than $30 million has been raised in its 32 years.

Advice for the buyer

Know what scenery you want: Residences facing the Atlantic Ocean have expansive vistas during the day but no view at night; city-facing units don’t look out at the ocean but they do enjoy a city skyline and a Biscayne Bay view.

Membership to have

Belonging to the Fisher Island Club isn’t a requirement for residents, but if you aren’t a member, you won’t have access to the club’s facilities, including a beach club with a private beach.

Notable stops

The Fisher Island Hotel and Resort

This 15 room boutique hotel is made up of courtyard villas, 1930s-era cottages and guesthouse suites that near the Vanderbilt Mansion.

The Fisher Island Aviary

William K. Vanderbilt II loved tropical birds, and this 800-square-foot sanctuary is an ode to his passion. It houses more than 15 exotic winged animals, ranging from cockatoos and cockatiels to macaws and Amazons.

The Vanderbilt Theater

The adaptable event space is a hub of activity, hosting everything from concerts to lectures to movie nights.

Victor Arsidi Observatory

On its own tiny island across a wooden bridge, this sky-viewing hideaway was built in 1990. The white stucco building has a custom silver Ash Dome and professional telescope equipment, including a 4-inch refractor scope and a 14-inch Schmidt-Cassegrain.

 

Listings

$5.7 million

At 3,690 square feet with South Beach views, this residence in a concierge building with 29 units. The master suite’s bathroom has two vanities and a separate tub and shower; the closet has built-ins. There are marble floors, Miele kitchen appliances, and Baccarat lighting. Outside, there is a terrace. The unit comes with two parking spaces, one golf cart, a golf cart space, and a large private storage unit. Agent: Elena Bluntzer, One Sotheby’s International Realty.

 

More Listings Here

via@mansionglobal

 

January 10, 2020No comments, ,
Regis Philbin’s Connecticut mansion for sale

TV personality Regis Philbin and his wife, Joy, have put their secluded English Manor-inspired Greenwich home up for sale.

News of the listing was first reported by the Wall Street Journal, who noted the price was 36 percent less than what the couple originally paid for it about a decade ago.

The six-bedroom residence, located on N. Stanwich

Road, is listed for nearly $4.6 million by Sotheby’s International Realty.

Built in 1997, the sprawling residence measures approximately 13,661 square feet and is set across 2.59 acres of land.

The home, offers a number of exciting features, including seven fireplaces, a mahogany library, and “pub room” with a full bar, as well as a billiard room, home theater, sauna, gym and a “spacious wine cellar.”

Other features include a chef’s kitchen with marble counters and a double-height family room with a stone fireplace.

Outside, potential buyers will find a luxurious pool and spa, with an adjacent fountain and tennis court. There are also garden walkways, garages for five cars and a one-bedroom guest house with a kitchen, full bathroom and loft.

 

via@propgoluxury

December 13, 2019No comments
Top 10 Most Expensive London Homes

They include a very special detached seven bedroom family house in Kensington, an exclusive five bedroom apartment overlooking Kensington Palace Gardens and a stunning newly built luxury home of grand proportions totalling 14,358 sq ft.

Phillimore Gardens, Kensington, London

For Sale, 38,560,411 USD

A very special detached seven bedroom family house with off-street parking and a lovely south-west facing garden backing onto Holland Park. This impressive and wide house occupies approximately 6,520 sq ft and is very well arranged over five floors.

One Kensington Gardens, Kensington Road, London

For Sale, 33,419,023 USD

An exclusive five bedroom apartment overlooking Kensington Palace Gardens. An exceptional development, designed by Sir David Chipperfield, of 97 apartments situated opposite Kensington Palace and Gardens with world class amenities.

Greybrook House

For Sale, 32,080,073 USD

The penthouse at Greybrook House is the epitome of luxury nestled in the heart of Mayfair. The apartment has been designed to a phenomenally high standard and spans approximately 4599 square feet across two floors.

Elysian House

For Sale, 25,022,457 USD

A stunning newly built luxury home of grand proportions totalling 14,358 sq ft. This must-see masterpiece is set on Ingram Avenue, a highly sought-after leafy road in Hampstead Garden Suburb which is defined by absolute privacy by backing directly onto Turners Wood Bird Sanctuary. The property is within walking distance to Kenwood House as well as Hampstead Heath.

St Edmund’s Terrace, St John’s Wood, NW8

For Sale, 20,531,247 USD

A stunning four bedroom Penthouse apartment (350.3 sq. m / 3770 sq. m ) positioned within this luxury development and accessed via one of two private passenger lifts, The property benefits from an amazing wrap-around balcony offering breath-taking views across Primrose Hill, Regent’s Park and the London city skyline.

via@propgoluxury

December 13, 2019No comments,
Dwyane Wade lists Miami Beach mansion for $32.5 million

After retiring from the NBA, longtime Miami Heat star Dwyane Wade is putting his Miami Beach estate on the market for $32.5 million, according to the listing.

Spanning an acre on Biscayne Bay, the impressive estate centers on a 14,000-square-foot home with Mediterranean flair.

It’s not the only eye-catcher, though. Highlights across the palm-tree-topped property include a verdant courtyard, a swimming pool, a gazebo with a bar, a private dock and a Miami Heat-themed basketball court.

Wade paid $10.645 million for the property in 2010, and the home was built five years later, records show.

Through an arched front door, the two-story floor plan boasts six bedrooms, 10 bathrooms and a handful of expansive living spaces with accents of wood, stone and tile.

Intersecting beams top an indoor-outdoor family room, a living room lined with French doors and a chef’s kitchen with a massive center island. For amenities, there’s a wine room, salon and movie theater.

Upstairs, the master retreat combines a bedroom with a lounge, a marble bathroom with a freestanding tub and an office.

It opens to one of two terraces overlooking the spacious patio out back.

 

via@propgoluxury

 

December 13, 2019No comments
Rhode Island mansion near Taylor Swift’s home sells for $17.6 million

A sprawling home at 10 Bluff Ave. in Westerly, R.I., has sold for $17.6 million, Lila Delman Real Estate said in a statement on Friday. The waterfront manse is the second-highest-priced home sold in Rhode Island history.

 

The 10,000-square-foot house is two doors down from Swift’s Rhode Island mansion, which the pop star purchased in 2013 for $17.75 million. The luxurious homes are in Watch Hill, a village in Westerly that juts out into Block Island Sound.

The new owner is Paul Cappuccio, a former Time Warner executive who now works for a start-up, according to the Wall Street Journal.

The home was sold by Kevin Wendle, who bought the home in 2013 for $9.75 million with the intention to flip the home, Wendle told the Journal.

The house was listed in May for $18.9 million. It is a shingle-style home resting on a bluff overlooking the Atlantic Ocean with 160 feet of beach frontage and private beach access, according to Lila Delman Real Estate.

Recently redesigned by Giancarlo Valle, the home has nine bedrooms, eight full bathrooms, one half bathroom, two kitchens, and a heated pool.

 

via@propgoluxury

December 13, 2019No comments
Billionaire Jeff Greene Relists His “Palazzo di Amore” For $129 Million

When real estate mogul Jeff Greene listed his Beverly Hills mansion  in November 2014 for $195 million, it was the most expensive home for sale in the US.

After nearly three years, it seems Greene is tired of hanging on to the property and is trying once again to offload it, according to Forbes. This time, the listing price is $129 million.

“This house has been a terrible deal for me,” he said. “We’re into this thing for probably $80 million or $90 million at least. We’ll be lucky if we get our money back after years of carrying costs.”

Called Palazzo di Amore, Greene’s home was built for parties. It has an entertainment complex and ballroom, a private-label vineyard, and parking garages for more than two dozen cars.

According to a statement, the house was “eight years of hard work,” and Greene is selling it because the East Coast is now his base of operations.

 

Greene made a fortune when the real estate bubble burst in Greece and is worth about $3.4 billion, according to Forbes.

 

via@propgoluxury

December 13, 2019No comments
Phoenix Suns Owner Robert Sarver Sells Arizona Estate for $19.5M

While his team has been beleaguered on the court, Phoenix Suns owner Robert Sarver has shown he has some game in the real estate market. He recently sold his Paradise Valley, AZ, home for a whopping $19.5 million, a record for the state.

“While I will not comment on my client specifically, I will say it is one of the greatest honors of my career to list and sell this home, achieving top dollar for my clients,” listing agent Chris Karas of Launch Real Estate said in a press statement. “To date, this is the highest closed real estate transaction, on the MLS, in the history of Arizona.”

Sarver and his wife, Penny Sanders, purchased the estate in 2006 for $6.2 million, real estate records show. They expanded the 5-acre property, which includes a pool, spa, and indoor sport court.

via@realtor
December 3, 2019No comments
Floating Cities: The Next Big Real Estate Boom

“I’m a real estate developer and this is a developer’s dream,” spoke Lela Goren, a NYC-based developer and investor during a UN Habitat event as she looked over a scale model of Oceanix City—a floating city concept that could be deployed around the world. In this era where the value of and need for coastal property throughout Asia is so high that dozens of countries are creating hundreds of square kilometers of artificial land for urban development, her words resonated throughout the room. Not only may floating cities be a salve to help to mitigate the impacts of rising sea levels, but also a way for governments and developers to create vast swaths of much-coveted space for highly profitable coastal development by building out into the sea in a more environmentally sustainable way than land reclamation.

“Most cities are located nearby water and this number will also increase in the next decades,” said Kees-Jan Bandt, the CEO of Bandt Management & Consultancy. “This was already the case a hundred years ago: water is life and always has been a center of economic activities.”

For this reason, coastal cities have been drawing people towards them at an ever-increasing rate. Nearly three million people move from the countryside into cities each week, with the bulk of this migration heading to coastal cities, which now contain over half of the world’s population and are, quite literally, bursting at the seams. This is a situation that is expected to only grow more dire, as UN Habitat predicts that by 2035 90% of all mega-cities—metropolises with over 10 million people—will be on the coast.

Over the past decades, coastal cities across Asia have been responding to the need for more land by simply making it themselves. Land reclamation—dumping or corralling sand in aquatic areas to create new land—has grown to bonanza-like proportions, as Asian cities build arrays of high-value housing, luxury shopping malls, entertainment facilities, transportation infrastructure, and even entirely new cities where there was only open water not long ago. From 2006 to 2010, China was tacking on an additional 700 square kilometers of new land each year. Malaysia is engaged in mass reclamation work for the 700,000-person Forest City project as well as a slew of luxury developments in Penang and Melaka. Sri Lanka’s capital of Colombo reclaimed enough land to build an entirely new financial district that’s meant to rival Singapore. South Korea built the Songdo “smart city” entirely on land expropriated from a bay. Dubai has turned reclamation into an art. While upwards of 20% of Tokyo and nearly 25% of Singapore is on land that nature didn’t make.

“In some Asian countries it is sometimes easier, quicker, and, on the long-term, cheaper to reclaim land from the sea than develop on existing land because of land ownership,” Bandt explained.

 

Could floating cities be the answer?

 

via@forbes

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December 3, 2019No comments