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Estates

Spring Island, Estate of the Day


We've been to Spring Island, South Carolina before to check out Bank of America chief exec Ken Lewis's getaway home (still on the market and the price keeps dropping). Today's estate is in the same area and belongs to former Proctor and Gamble executive Tom Laco. The property consists of two separate lots, the 3.48 acre lot the house is on and a 3.13 acre lot directly across the pond from the house which provides privacy and serves as an ample nesting area for local birds.

The five-bedroom home sits high above Rice Gate Pond and offers a panoramic view of the pond and a thousand acres of Spring Island marshes. The home's master bedroom is on the main floor of the residence and two guest rooms are located in a separate wing with two additional bedrooms on the upper level of this bi-level home. The living room, study, dining room, sunroom, office and three bedrooms all have views of the pond and salt water marsh. The three car garage is currently configured to accommodate two automobiles, a golf cart and a work shop. The home has over 1,600 square feet of porches and terraces and there is a freestanding greenhouse and a rose garden. This home is listed at $2.75 million.

Gallery: Spring Island

The Estate at Turks and Caicos, Estate of the Day


Today's estate is an idyllic retreat in the Turks and Caicos Islands. This home is on 2.5 acres with an additional .68 acre available. It is located less than two miles from the Grace Bay Beach area which offers access to restaurants, golf, casinos, resorts, shops and more. This home is gated and has its own private road and waterway access.

The property includes a spectacular main house with a glass bottom pool, commercial restaurant quality kitchen facilities, three master bedrooms with en-suite baths, library, sitting room, living room, screening room, secret stairway, cigar/wine room, servants' quarters and an elevator. There are two additional guest homes with private reflection pools. The estate is being sold fully furnished, including art, goods, and equipment. The property can stay as a private estate or be developed a resort.

The asking price is $15.75 million for the main estate property and $1 million for the additional .68 acre. It is listed with Grace Lappin of Avalon Partners.

Penthouse West, Estate of the Day

Today's home is a slice of swinging London. Penthouse West is located in the Regents Park area. The penthouse apartment is over 4,200 square feet in a portered building in a prime location featuring panoramic south facing views over Regent's Park and the London skyline. The contemporary apartment has a Bulthaup (B3 system) kitchen, Vola taps and shower fittings, Kaldewei oversized baths, bespoke vanity tops and stone work in all bathrooms. The hardwood terrace offers a firepit and views of the skyline in the distance. In the main living area a gas fireplaces divides the kitchen from the dining and living areas and adds a dash of sexy glamour. This home has a guide price of £8,750,000.

The Cullen House, Estate of the Day



The last time that I checked out the website of real estate agent Jason Soprovich it was to check out a home used in a movie and that's what brings me there today as well. Today's estate has made the rounds on a variety of websites in anticipation of the latest installment of the Twilight saga, New Moon, which is about to hit theaters. The modern Vancouver home plays home to the Cullen family on the big screen and is featured in a scene in the movie in which Edward Cullen's adopted brother Jasper attempts to attack Bella Swan.

The five-bedroom home in West Vancouver was designed by Arthur Erickson and was totally renovated in 2001. It has a great room with 20-foot ceilings, massive picture windows and lots of blonde wood. The modern kitchen has a curved fireplace and gleaming countertops. The master suite includes a bathroom with a soaking tub and glass cabinet shower. For warmer weather there is a pool outdoors. This home is listed at $3,298,000.

[Thanks, John!]

$650 Million Price Cut on Villa Leopolda?


Villa Leopolda on the Cote D'Azure (above), once the world's most expensive estate with a $750 million pricetag, is apparently back on the market with an astonishing $650 million price cut, a new world record. The 11-bedroom, 14-bathroom mansion has 29,000 square feet of interior space that opens to manicured lawns and a swimming pool. The spiraling outdoor staircases, balconies and terraces have waterfront views and of the surrounding hillsides. Working fireplaces, a sauna, outdoor kitchen and pool house are other features. As we noted back in February, Russia's richest man Mikhail Prokhorov had reportedly agreed to purchase the Villa for $750 million but later backed out of the deal, forfeiting a $55 million deposit. In May we reported that the recession had caused the estate's value to plunge significantly. Owner Lilly Safra did not re-list the property right away, but according to Forbes the Villa is now available for $102 million. The magazine now places it as the 4th most expensive estate in the world, behind No. 1, the Spelling Manor at $150 million; No. 2, Fleur De Lys at $125 million; and No. 3, Updown Court at $117 million.

Buffehr Creek Road, Estate of the Day


Today's home is another reader submission, a beautiful vacation retreat in Vail, Colorado. The home was completed in 2007 and is located within a short distance of the ski lifts of Vail Village. It also offers immediate access to the Town of Vail's extensive hiking trail system. The home itself is a five-bedroom house that was constructed using state-of-the-art mechanics including radiant heat and a second humidified forced air heating system and air conditioning.

This home features custom rockwork inside and out, granite counter tops throughout the home, stainless appliances and more. A rec room has a full wet bar and a water feature. A heated drive, entry and rear deck area keeps you safe from icy walkways. The home also has an elevator, climate-controlled wine room, media room and a private patio with a hot tub, gas log fire pit and an outside shower. The home is offered fully furnished and the asking price is $5.995 million.

Peter Gogolak in Darien, Connecticut, Estate of the Day


If today's estate doesn't look like a retired football player's house that's because Peter Gogolak gave up the football game a while ago (he was a kicker for the New York Giants and the Buffalo Bills in the 1960s and 1970s) and focused on the home renovation business. The Wall Street Journal's Private Properties reports that Gogolak and his wife Kathy buy, renovate and then sell homes in Connecticut. This five-bedroom home in Darien, Connecticut is their 11th. They bought it in 2005 for $3 million and spent eight months restoring it. The 1920s Colonial has a lovely location on a hillside with just under two acres of gardens, stone walls and lawns. The property includes a pool with a waterfall. The interior is classic Connecticut with a formal living room, hardwood floors, French doors, and a large kitchen with an adjacent family room with fireplace. This home is listed at $5.5 million.


Mike Schmidt in Jupiter, Estate of the Day

mike schmidtSports stars has a habit of retiring to Florida where the weather is warm and the living is easy. Luxury Real Estate recently announced the listing for a Jupiter, Florida home belonging to Hall of Fame third baseman Mike Schmidt of the Philadelphia Phillies.

The five-bedroom home is located in the Admirals Cove Golf and Yacht Club in Jupiter. Schmidt bought the home in 1991, two years after playing his last major league game. The 8,500 square foot home has been renovated with new kitchen appliances, a butler's pantry and wet bar, master suite with his and hers baths, exercise room, media room and study. The home has a pool and a full guest house with a bath. It has 120 feet of water frontage with a dock suitable for a large yacht. A golf membership must be sold with the home.

Rob Thomson, of Waterfront Properties says that Schmidt and his family love the Admiral Cove community and are looking for a more suitable home within the community now that their children have grown up. This home is listed at $4.5 million.


Sunday Real Estate Round-Up, 11/15/09

From the LA Times Hot Properties:
--Jason Winer, an executive producer and director of the ABC comedy "Modern Family," has listed his three-level Hollywood-area town house shown above for $599,000. Winer is selling because he is moving to a larger house in another Los Angeles neighborhood. He bought the town house in 2006 for $560,000. The listing is here.
--Annette Cook, the founder and chief executive of Barefoot Dreams, and her husband, Stan,have sold an ocean-view contemporary in Malibu for $3 million.
--Actor Conrad Bain has listed his longtime Brentwood home for sale at $3.175 million. The listing is here.
--Music industry executive Mark Mazzetti has sold his Hollywood Hills-area home for $1,089,000
--Actress Sandra Will Carradine has listed her beach house in Carpinteria's gated Rincon Point community for $4.29 million. The property website is here.

From Cityfile's Buyers and Sellers:
--Washington power lobbyists Tony and Heather Podesta have picked up a New York pied-à-terre, paying $3.247 million for an apartment at the Sohmer Piano Building at 170 Fifth Avenue.
--via the NY Observer, The Sloane mansion, which was once listed at $64 million, is now listed with a new broker and a new lower price, $39 million. The listing is here.

--via the NY Observer, a one-bedroom (plus library) apartment in the Sherry Netherland building has gone on sale for $9.5 million. The listing is here.

--Actress Kristen Johnston has closed on the sale of her duplex at 296 West 10th Street. The two-bedroom apartment with a solarium and terrace was listed for $1.795 million and sold for $1.7 million to costume designers John Orberg and Janet Kuhl.

--via Curbed, Armon Bar-Tur, a managing director at SafeHarbor Capital Partners, and his wife Rebecca, have found a buyer for their townhouse at 92 Charles Street. The four-bedroom home, which the couple bought for $6 million in 2006 and listed for $14.95 million in October, has gone into contract after less than a month on the market.
--Hedge funder Steve Stuart, who left Fortress Investment Group in 2007 has found a buyer for his 35th floor apartment at the Park Laurel on West 63rd Street. The four-bedroom condo, which Stuart bought for $5.4 million in 2004 and put on the market for $10.8 million in October 2008, sold this week to an unidentified buyer for $7.4 million.
--via the NY Post, real estate investor Michael Hirtenstein is the mystery buyer who has agreed to purchase financier Armon Bar-Tur's townhouse at 92 Charles Street for "about $13.5 million."
--via Curbed, Gigi Mahon, an interior decorator, author, and the wife of former Citicorp vice chairman Thomas Theobold, has put her two units at the Plaza on the market for $22.5 million. Mahon bought the two units separately for $3.66 million and $10.02 million back in 2007. The listing is here.
--via the NY Post, Mets outfielder Gary Sheffield and his wife have gone into contract to sell their home in Alpine, NJ. It had been listed for $5 million.

From Newsday's Real LI:
--Jamie Drake, the interior designer who counts Mayor Bloomberg as one of his clients, has put his East Hampton, New York home on the market for $2.9 million. The listing is here.

A Matinecock, New York mansion will go up for auction on November 17 auction. The auction is being held by Grand Estates Auction and the home will be sold to the highest bidder, with no reserves and no minimums and buyers must present a $50,000 certified check in order to bid on the property. The 5.33-acre estate is appraised at $10 million.
--Lands End, the 13.35-acre Sands Point estate which may have been the inspiration for Daisy Buchanan's home in F. Scott Fitzgerald's "Great Gatsby," is back on the market with an approval for a five-lot subdivision and a price of $30 million. The property has a 25-room mansion was designed by Stanford White and built in 1902. The listing is here.
--Private eye Bo Dietl has gone into contract to sell his Manhasset home. The former cop and occasional TV commentator bought the home for $2.3 million in 2004, listed it for $3.295 million in August and is reportedly selling for "just over $3 million."


From ShelterPop:
--Ellen DeGeneras has purchased a horse ranch outside of Westlake Village, California.
--Lndsay Lohan and Sam Ronson both recently moved from their leased houses in the Beachwood Canyon area of Los Angeles and into leased condos at the very same West Hollywood high-rise building where Nicole Richie once owned multi-million dollar digs. Sam's previous place on Beachwood Canyon Drive iscurrently available for lease at $4,350 a month and Lindsay's former rental on El Contento Drive is also up for rent for $8,900 a month.

From AOL Real Estate:
--Check out a list of the most expensive homes on the market in the United States.

From the NY Post:
-- Liev Schreiber and Naomi Watts have been spotted checking out listings at 120 11th Ave.
--Louise Sunshine, is helping her son, broker Sam Sunshine, sell the One Beacon Court apartment owned by her husband, Martin Begun. The apartment is listed at $6.75 million.
--Singer Frankie Valli has been showing some interest in a $3.3 million, three-bedroom apartment at the Rushmore, a luxury condo development on the Upper West Side. The apartment is now listed as 'in contract.'

From the Wall Street Journal's Private Properties:
--Connie Chung and Maury Povich are in contract to buy a home listed for $8.98 million in the Embassy Row area of Washington. The couple, with their son, plan to move from New York in 2010 or 2011.
--Former Lehman Brothers president Joseph M. Gregory has gone into contract on his seven-acre Manchester, Vermont estate, which he listed for $2.48 million. He bought the seven-acre Vermont property for $675,000 in 1993. His 2.5-acre oceanfront estate in Bridgehampton, New York remains on the market with an asking price of $27.9 million.


From the Real Estalker:
--Hollywood talent manager Jeff Kwatinetz has listed his four-bedroom Malibu home for $7.299 million. The listing is here.
--Sophia Loren's son Edoardo Ponti and his wife Sasha Alexander have listed their four-bedroom Los Angeles home for $2.135 million. The listing is here.
--Designer Max Azria has listed his home in Beverly Hills for $6.899 million. The listing is here.
--Celebrity hair stylist and reality television star Jonathan Antin has listed his four-bedroom home in Toluca Lake for $1.999 million. The listing is here.

From Zillow Blog:
--Curt Schilling has reduced the price of his Medfield, Massachusetts home again. It is now listed at $4.5 million down from an original $8 million.

Samantha Harris In Westwood, Estate of the Day

samantha harrisEntertainment journalist and Dancing with the Stars co-host Samantha Harris and her husband Mark Hess have listed their home in the Westwood area of Los Angeles, California home for $1.595 million. Records on Property Shark show that they bought the four-bedroom home for $1.6 million in 2007 and so the pair won't make any money on the deal.

The Spanish-style home has wood beamed ceilings, hardwood floors, a freshly remodeled kitchen and a master suite that includes a bathroom with an extra large shower with double shower heads. A pretty pink princess room is decorated for the couple's two-year-old daughter and there is also a multicolored playroom. The home has a private sundeck.

[via Move Trends, via Celebs Digs HQ]

Hold A House Party at Temple Guiting Manor in the Cotswolds


Maybe you can't afford to buy a Luxist Estate of the Day, however you may enjoy living in in similar splendor for a week. In fact why not invite your friends and family to share a totally planned fun filled vacation, otherwise known as a House Party.

Sophie Conran, the daughter of the renowned British design guru Terrance Conran, has teamed up with Temple Guiting Manor to help visitors plan a bespoke country house party. A perfect way to celebrate a holiday, special occasion or just enjoy time away with family and friends, a house party allows for a quieter more relaxing level of conspicuous consumption. Ideally, even though you may be the host or hostess, that role exists for you in name only. Renting a manor house somewhere in the British Isles is a stress free way to entertain as if you were in your own luxury home but with none of the ensuing hassles.

Temple Guiting Manor, which has been privately owned since the 15th century, has been restored to the highest standards. Architectural historian Nikolaus Pevsner stated that it is "one of the finest, if not the very best of the small Cotswold Tudor houses." While the house which sleeps 10 is available on a self-catering basis why not let Sophie and her team cater to your every whim for a true break. Not only do they provide you with all the normal amenities of a fine hotel but there are countless experts in every category imaginable to inspire you and your guests. Sophie's philosophy is "If you want to make something, then learn it from the best".

Examples include:
  • Executive chef Alan Bird, of the ever popular celebrity frequented The Ivy, will hold a master class.
  • Jim Murray proclaimed by the BBC as the "world guru of whiskey" will educate you on the process of making whiskey.
  • Knitting and crochet lessons from Clare Ward and Sarah Coates
  • Flower design workshop with talked about florist Nikki Tibbles whose clients include Gucci, Chanel and Ralph Lauren
  • Simon Stocken a former national bridge and poker player will teach you all the tricks you need to excel at the games

Favorite country pursuits such as golf, gliding, fishing, clay pigeon game shooting are also available.

The bespoke house party tradition has been updated for the modern lifestyle, and it is a unique experience to be able to relax in a rural retreat in a spectacular setting where every whim and need is accommodated by the most talented in the business.


"Just Don't Call it Wolf's Lair," Estate of the Day


What's not to love about a castle that sits under the Hollywood sign? Especially if the price has been chopped from $7.5 million (the price the house was listed for in June 2008) to $4.7 million?

TV personality Debbie Matenopoulos and her soon-to-be-ex-husband Lionsgate Entertainment music executive Jay Faires have re-listed their Norman-style castle, once known as Wolf's Lair. The couple reportedly bought in 2002 for $2.9 million. Because of the association with Hitler's bunker of the same name, plans are to change the name to something, well, more castle-y.

The turreted 5,485-square-foot castle that sits on 3.3 acres was built in the 1920s and includes a two-bedroom guest house designed by architect John Lautner. The main house was built by and named after L. Milton Wolf, the developer of Hollywoodland. In fact, the Hollywood sign that sits behind the home was put there by Wolf to advertise Hollywoodland. ( The original sign bore that name and was covered with 4,000 flashing electric light bulbs.) There is a heart-shaped black-bottom pool and eight bedrooms total on the property, which sits high above Los Angeles' Beachwood Canyon.

Lure about this property is legendary. Wolf, something of a ladies' man, reportedly installed a secret apartment under the gatehouse where he entertained, ahem, privately.

Bugsy Siegal's former castle -- the one Madonna owned subsequently -- is right up the road a piece. Castillo del Lago is listed at $9.95 million, making the former Wolf's Lair a relative bargain.

Ernie Carswell of Teles Properties, Beverly Hills, has the listing.



Nicolas Cage's New Orleans Homes Go Back To The Bank

Inicolas caget's official, Nic Cage is no longer a homeowner in New Orleans. The Times-Picayune reports on the foreclosure auction which saw Cage losing both his French Quarter and Garden District homes. Cage's lender, Regions Bank, bought both homes back for a total of $4.5 million, which is two-thirds of the value that appraisers hired by the bank had determined they were worth. There were no other bids for the property. Cage did not attend the auction. The city will collect $151,729 in unpaid property taxes. Cage owed approximately $5.5 million on the homes. The bank is free to go after Hancock Park Real Estate Company, Cage's real estate holding company, for the other $1 million and can also try to sell the homes at market value to raise the money.

Cage bought his six-bedroom Garden District home in 2005 for $3.45 million and listed it for sale for $3.7 million. Cage's New Orleans other home, the haunted LaLaurie mansion was bought by Cage in 2006 for $3.45 million. He listed it for $3.9 million. He has blamed his former business manager, Sam Levin, for his recent financial woes including a $6 million IRS bill. He still has homes in Las Vegas, England, Rhode Island and the Bahamas either on the market or about to be sold.


The Stevens Estate, Estate of the Day


Mark Ecko's Stronghold isn't the only lavish estate in Bernardsville, New Jersey. The area was once a summer colony for Wall Street financiers after the Civil War. The Stevens Estate is a 15-acre property which was originally the summer mansion of Robert Livingston Stevens, whose family was instrumental in the development of steam-powered boats & locomotives and founded Stevens Institute of Technology. Present owner Nat Conti and architect Jeffrey Beer took on the task of restoring and updating the home including the addition of an entire new wing and a main kitchen. The entertainment level replicates a Parisian street scene with a courtyard and a home theater complete with lobby, café, and candy counter. The grounds include formal gardens, a reflecting pool with ornamental water plants and a swimming pool pavilion with a center fountain and cherub fountains. This home is listed at $16.75 million.

Nightingale House, Estate of the Day


You have to love a home where a giant flatscreen television shares the same room with a suit of armor. Nightingale house in the Mayfair area of London is a classic home which has been given a recent renovation to make it elegantly livable. In its current condition it is cluttered but deliciously so, featuring fine antiques in many of the high-ceilinged reception rooms. Bedrooms, and even a bathroom, contain fireplaces with carved marble mantlepieces. The home has a roof terrace, four bedrooms but only garage enough for one large car. It is listed at a Freehold Guide price of £12,000,000.



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