Luxury Portfolio
LuxeSelect December 2022: Curated homes starting at $3 million
LuxeSelect is a monthly feature showcasing homes from Luxury Portfolio International® members around the world starting at $3 million USD. Single-story Estate on a Sprawling Half-acre Lot $5,299,000La Jolla, California, United StatesWillis Allen Real EstateLuxuryPortfolio. com Web ID: XIKF Enchanting Compound on Little Gasparilla Island $6,000,000Placida, Florida, United StatesMichael Saunders & CompanyLuxuryPortfolio.
Green homes start from the ground up with sustainable materials
By LISA KLEIN There has been a surge in interest in sustainability in recent years, finally making its way to the heart of it all – the home. The construction industry uses many materials that are destructive to the environment and human health, but eco-friendly alternatives are cropping up for nearly every need to replace them. “All predictions point to a continued surge in building worldwide, and it is imperative that we do so in a manner that moves towards regeneration versus extraction,” said Sheridan Foster, founder/CEO of Elemental Green, an online resource for sustainable building.
A trip to the Maldives means pristine beaches and wildlife-filled waters
By LISA KLEIN The Maldives, a nation made up of clusters of mostly uninhabited, tiny islands scattered in the Indian Ocean, is a quintessential tropical paradise. Known for picture-perfect white sand, stands of green palms and turquoise waters, the islands are home to luxurious, private retreats and over-water bungalows amidst a stunning natural backdrop. “The Maldives is a country like no other,” said Sanjee Solanga, assistant director of sales for Raffles Maldives Meradhoo Resort.
Equestrian sports offer huge rewards for hobbyists and pros alike
By LISA KLEIN Since the horse was first domesticated some 4,000 years ago in the central Eurasian steppe, humans and horses have gone hand and hoof. While the relationship may have begun as purely utilitarian, nowadays horse enthusiasts are involved in a multitude of equestrian pursuits – from simple trail riding in nature to highly competitive sporting events. “I think that’s really the beauty of the horse,” said Lee Carter, executive director of the Kentucky Horse Park in Lexington, Kentucky.
2023: Not fully a buyer’s market as high-end inventory still tight
By Mickey ALAM KHAN Reflecting on the second half of 2022, my net takeaway is that, while demand has tapered and available inventory is trending up, much of the situation at the high-end remains the same. Put simply, there still is not sufficient inventory of luxury homes to meet demand. My prediction for 2023 is that we will be moving forward in inches, not feet.
50K
Properties marketed annually
550
Brokerages in the network
$55.8B
Current website inventory
$2.5M
Average property value