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Terrific Feature on Premier Estate Properties

A great read in Haute Living Magazine provides a comprehensive look at Luxury Portfolio member Premier Estate Properties, chronicling their rise to top Florida luxury real estate company from their inception in 1993.

Recognizing an opportunity in the high-end market, the firm chose to only market and sell properties priced at more than $1 million. Still today, Premier Estate Properties is the only leading real estate company that caters to this niche exclusively. The success of their approach is readily evident in a portfolio that exceeds $1.4 billion, an industry-leading average listing price of $3.6 million and average sale of $3.3 million.

The article highlights the company’s innovative approach in all facets – marketing, technology and much more – and how their global reach is balanced with an exclusive boutique feel. This is tremendous, well deserved recognition for Premier Estate Properties!

LuxeChatter: Historic Newport Property Built in 1887 Sells for First Time

Berry Hill Estate, an historic property set on over 23 acres in Newport, Rhode Island, was recently sold. Prominent architectural firm McKim, Mead & White designed the 1887-built estate that remains intact as a fine example of their classic style. Included among the firm’s many other notable works are the Rhode Island State House, Boston Public Library, and a renovation of the White House during Theodore Roosevelt’s presidency.

Luxury Portfolio member Lila Delman Real Estate listed and sold Berry Hill – the first time the remarkable property has been sold since its construction well over a century ago. Since its completion the estate has been owned and carefully maintained by the same family, including the grounds and 12 acres of gardens originally designed under the guidance of the renowned Frederick Law Olmsted. A carriage house, gardener’s cottage and studio are among 10 outbuildings that dot the gorgeous landscape.

A Look at Two Frank Lloyd Wright Masterpieces on Luxury Portfolio

A few months ago, the Luxury Portfolio team was led on a fantastic guided tour of Frank Lloyd Wright’s Robie House just south of downtown Chicago. Seeing and hearing about the rich history of the home up-close was a fun and educational experience. While Robie House is currently undergoing a fascinating restoration, two spectacular Frank Lloyd Wright homes are currently listed on LuxuryPortfolio.com. Though the properties are separated by 2,000 miles, they share Wright’s notable style.

In his 1932 autobiography, Wright described Coonley House in Riverside, Illinois as his “best house”. Built from 1908-1912, the property has undergone a complete restoration by the current owners with great care made to preserve authentic details. Original tile floors were cleaned by hand, updated mechanicals were integrated to fit within Wright’s design, cabinets were preserved and restored, colors and textures were researched and matched, and a 50-foot living room mural was recreated by artisans using a small piece that remained. The historic masterpiece is currently listed at $2,890,000 by Baird & Warner.

One of just 18 homes designed by Frank Lloyd Wright in California, the Fawcett House in Los Banos is currently listed at $1,999,999 by Alain Pinel Realtors. The mid-century modern home was designed by Wright in the 1950s, during the time he was also working on the famed Guggenheim Museum in New York City. A cantilevered roof juts out from the u-shaped home above the pool in a striking reflection of the triangle theme throughout Fawcett House. Unique 60 and 120-degree angles within the architectural work of art both enclose and open up spaces.

Coonley House and Fawcett House are extraordinary examples of Wright’s visionary design and beautifully showcase the work of a true artist.

LuxeChatter: Significant Luxury Portfolio Listings for October

Top luxury properties added to LuxuryPortfolio.com in October include homes from several regions of the U.S. and homes in Switzerland and Italy. A famed Greenwich estate and an incredible Sonoma wine country luxury estate top the list of reported sales for the month. Check out the lists below for the top ten new listings and reported sales for October. Click on the listing information for more details and photos of these extraordinary luxury properties. 

 

Significant New Listings 

Price on Req. – Cotuit, MA
Robert Paul Properties

$26M – Millbrook, NY
Houlihan Lawrence


$24.9M – Tahoe City, CA
Chase International


$23M – Coral Gables, FL
Esslinger-Wooten-Maxwell Realtors


$19.5M – Yarrow Point, WA
Windermere Real Estate


$19M – Osprey, FL
Michael Saunders & Company


$15.75M – Greenwich, CT
Greenwich Fine Properties


$15M – Millbrook, NY
Houlihan Lawrence

Price on Req. – Founex, CH
CGI Immobilier


Price on Req. – Florence, IT
Paolo Del Chicca Immobiliare

Significant Closings (Reported) *

$55M – Greenwich, CT
Greenwich Fine Properties


$35M – Sonoma, CA
Alain Pinel Realtors

$22M – Honolulu, HI
Choi International


$9.6M – Vail, CO
Slifer Smith & Frampton Real Estate

$6.695M – Beaver Creek, CO
Slifer Smith & Frampton Real Estate


$6.25M – Newport, RI
Lila Delman Real Estate


$5.895M – Beaver Creek, CO
Slifer Smith & Frampton Real Estate


Price on Req. – Zurich, CH
Ginesta Immobilien

Price on Req. – Zurich, CH
Ginesta Immobilien


Price on Req. – Kilchberg, CH
Ginesta Immobilien


*Price shown is last listed price.

Kahala Associates Celebrates 10th Year at New Waikiki EDITION Hotel

At a recent event dubbed a “Decade of Luxury,” Luxury Portfolio member Kahala Associates marked their 10th year in business on Oahu.

The celebration was the first event held at the gorgeous new Waikiki EDITION hotel. “We could not think of a more appropriate, elegant location to hold our tenth anniversary year event than the opening night of Ian Schrager’s exclusive, new Waikiki EDITION Hotel,” said Myra Brandt, Kahala Associates co-founder and principal broker-owner. “With this event, we want to thank our company’s steadfast supporters and celebrate the launch of our second decade in operation in true luxury style.”

Congratulations to Kahala on 10 successful years and an amazing event!