Tag Archives: LUXURY REAL ESTATE

The Most Expensive Real Estate Listings In The World

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Le Palais Bulles

Price: $455 million
Location: Theoule Sur Mer, Provence-Aples_Cote D’Azzur, France
Bedrooms: 10
Square Feet: 12,916

Designed by architect Antti LOVAG, Pierre Cardin’s former abode includes a 500-seat auditorium and a lounge with panoramic views of the bay of Cannes. Think Luke Skywalker’s Tatooine home mixed with a Bond villain’s lair.

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Gemini

Price: $195 million
Location: Manalapan, Florida
Bedrooms: 33
Square Feet: 84,988

This listing includes 15.65 acres of land in a completely walled compound. It features 1,200 feet of beachfront near Palm Beach, stretching fro the ocean to the Intracoastal. Originally designed in the 1940s by Marion Sims Wyeth (a favorite of Palm Beach) this offering is enormous.

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Le Palais Royal

Price: $159 million
Location: Hillsboro Beach, Florida
Bedrooms: 17
Square Feet: 70,774

This beachfront estate boasts over four acres of beachfront, with the first IMAX home theater, a Go-Kart track, an ice skating rink and a $2 million grand staircase.

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Mon Reve

Price: $150 million
Location: Los Angeles, California
Bedrooms: 10
Square Feet: 38,000

Located on the prestigious Carolwood drive, this estate used to belong to Barbra Streisand. The home includes a Club Mon Reve – with lounge, wine room and theater complex- and parking for up to 50 cars.

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Briar Patch

Price: $140 million
Location: East Hampton, New York
Bedrooms: 10
Square Feet: 10,300

This Hamptons home boasts a quarter of a mile waterfront of Georgica Pond. The 1.2-acre property includes two residences, designed by architect Peter Marino. One is a restored Georgian revival and the other a modern guesthouse. The lot can be subdivided into two lots for additional buildings.

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Trousedale Estate Compound

Price: $135 million
Location: Los Angeles, California
Bedrooms: 7
Square Feet: 18,000

This 18,000 square foot villa features 360 degree views of Los Angeles from its position atop a hill. The dining room itself features 180-degree panoramas of the surrounding area.

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Rancho San Carlos

Price: $125 million
Location: Montecito, California
Bedrooms: 12
Square Feet: 29,483

Think 237 acres of hilltop gold. In addition to the enormous main house, the property also includes 10 cottages.

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Palazzate

Price: $125 million
Location: St. Peter’s Bay, Barbados
Bedrooms: 5
Square feet: Each of the four residences is 13,000 sf

Palazzate is a world in itself, with four oceanfront homes and a plethora of amenities – from a spa to staff quarters.

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834 Fifth Avenue Duplex

Location: New York, New York
Price: $120 million
Square Feet: 12,000

This is the largest existing original apartment on Fifth Avenue. The enormous 20-room residence belonged to John Gutfreund (aka “the King of Wall Street”).

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The Park Bel Air

Price: $115 million
Location: Los Angeles, California

This offering is divisible – there are three homes sits set on 11 acres. Buyers can opt to pay $45 million for one site or Domvs, the developer, will build you a 56,000-61,000 square foot house for $115 million.

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Las Varas Ranch

Price: $108 million
Location: Goleta, California
Square Feet: 1,800 acres

This listing is in a well-preserved part of Santa Barbara and includes two miles of oceanfront, and an 18-acre lake. It’s being offered as a developable spot for a family compound, vineyard or horse farm.

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Theoule-sur-Mer

Price: $105 million
Location: Cote d’Azur, France
Bedrooms: 8
Square Feet: 15,069

This castles-like property overlooks the Mediterranean, boasting breathtaking views from every angle. It was built in 1900 and includes a triangular infinity pool.

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Sycamore Ranch

Price: $100 million
Location: Los Olivos, California
Bedrooms: 6
Square Feet: 12,598

Formerly known as Neverland when it was owned by Michael Jackson, this property includes a four-acre lake and a 5,500 square foot movie theaters on 2,698 acres northeast of LA.

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King’s Point Estate

Price: $100 million
Location: Great Neck, New York
Bedrooms: 13
Square Feet: 60,000

This eight acre, gated waterfront compound features incredible views and easy access to NYC. The home includes a bowling alley and casino.

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Treasury Department Expands Its Investigation Into Luxury Real Estate Money Laundering

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In January, the Financial Crimes Enforcement Network – part of the Treasury Department – announced to Geographic Targeting Orders (GTOs) to monitor all cash luxury transactions in Manhattan and Miami.

Their goal? To identify possible money laundering operations. And it worked. So much so that they are now launching more GTOs.

The information we have obtained form our initial GTOs suggests that we are on the right track,” said FinCEN Acting Director. FinCEN is expanding the range of its investigation to include all title transactions (including those via business and personal check).

In addition to renewing orders in Miami-Dade County and Manhattan the next round of GTOs will include:

  • The remaining Burroughs of New York
  • Broward and Palm Beach counties
  • Los Angeles County
  • San Francisco, San Mateo and Santa Clara
  • Sand Diego County
  • Bexar County in Texas (which includes San Antonio)

The new order take effect August 28th and will remain in place for 180 days until February 23rd.

The decision to expand the investigation stems from the first wave of data which found that “over a quarter of transactions (covered by the January GTOs) involve a beneficial owner or purchaser representative that is also the subject of a suspicious activity report.”

A few of these suspicious activities include a beneficial owner that engaged in $16 million in suspicious cash withdrawal a beneficial owner possibly involved in dealing with counterfeit checks’ and a beneficial owner connected toa network of shell companies that received about$7 million in suspicious wire transfers from businesses in South Africa.

“The January GTOs help link the previously unconnected suspicious activity to the true purchasers of luxury property in Manhattan and Miami,” a FinCEN official reported. “This corroborates FinCENs concern that transactions covered by the GTOs (i.e. all-cash luxury purchases of residential properties by a legal entity) are highly vulnerable to abuse by money laundering.”

While the GTOs are providing valuable data, they are, by no means, a lasting solution to the issue of money laundering in US real estate. The long game is to leverage the information to navigate future FinCEN regulations.

Great Island Cape Cod Estate for $9,999,999

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63 Smiths Point Road
West Yarmouth, MA

Bedrooms: 5
Bathrooms: 5.5
Living Area: 7,866 square feet
Lot Size: 3.82 acres
Price: $9,999,999

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About

Great Island, one of the most treasured and desirable communities on Cape Cod, known for its privacy, security and amenities is home to this magnificent sea side residence. Offering luxurious living space, panoramic ocean views and access to tennis courts, golf course and private beach club, this stunning residence is situated on 3.82-acres with approximately 640-feet of private sugar sand beach. Private deep water slip on shared heavy-timber dock in protected waters of Uncle Roberts Cove provides immediate access to Nantucket Sound and Islands. Potential guest suite above detached garage. Truly a rare and unique opportunity to own and enjoy a generational quality estate.

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Iconic Mercer Island Waterfront Estate

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Southpointe
Mercer Island, Washington

Bedrooms: 5
Bathrooms: 5.5
Lot Size: .5 acres
Living Area: 5,370 square feet
Year Built: 1990
Price: $7,950,000

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About

Sitting at the southernmost tip of Mercer Island awaits Southpointe. Boasting 147 feet of no bank, south facing waterfront, this impeccable 5 bedroom, 4.75 bath estate has the most phenomenal views and privacy of any home on Lake Washington. Mt. Rainier in all its splendor, takes center stage in the jaw dropping 180-degree view.

With the utmost attention to detail, this iconic home was completely renovated to include all new baths, gourmet kitchen with top-of-the-line appliances, new roof, driveway, furnaces, new deck and 42 pin pilers placed along the water’s edge to ensure the stability of the shoreline.

The main floor offers a master suites with private deck and separate mother-in-laws quarters boasting a spacious living area perfect for an office, den or media room. The lower level adorns three additional bedrooms including a grand master suite with his and her closets and separate dressing areas, gas fireplace, inspiring water views and a luxurious spa-like bath.

With parking for seven cars, enjoy hosting family and friends to celebrate in the beauty of this marvelous estate. Offering floor to ceiling windows throughout the main level, the views are an ever changing vista of waterfront living at its best.

The backyard is an entertainer’s oasis. An intimate fire pit ideal for unwinding after a long day’s work, a stunning upper deck perfect for large cocktail parties or al fresco dining, and lush green gardens irrigated from the lake, enjoy a slice of paradise every time you step outside. A covered dock with boat lift capable of housing a 30 foot boat, a tie up space for a larger yacht and jet ski lift, come home by land or water and feel like you’ve arrived.

Southpointe Video Tour:

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Video Tour of Mansion In Coral Gables for $7.9M

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Address: 26 Tahiti Beach Island, Coral Gables
Price: $7,950,000
Beds: 5
Full Baths: 5
Half Baths: 2
Lot Size: 1 Acre

About

Timeless Palladian residence situated on an acre of private estate on Tahiti Beach Island. There is a grand entrance with a 2-story foyer. The interior is complete with elegantly understated details including coffered ceilings and white on white boiserie. The gourmet kitchen has an oversized marble island and opens to a large covered terrace. The 2-story family room opens to the colonnade overlooking the pool and beautiful landscaped grounds. The fully equipped gym and home theater complete the house.

Queen Elizabeth’s Historic Polo Estate For Sale for $43 Million

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Woolmers Park, a majestic 232-acre estate owned by Queen Elizabeth II, is on the market for approximately $43 million. But no price can come close to the sentimental value the Hertfordshire, England residence holds for the queen. Her grandparents once owned these country grounds where she shared countless childhood memories with her family, especially her late sister Princess Margaret.

Here, Her Royal Highness was gifted her first pony (a Shetland named “Peggy”) by her grandfather, King George V, at the age of four—which sparked her (and Princess Margaret’s) lifelong love for horses and equestrian sports. Close to London, the historic estate with the extensive royal and polo heritage is on the market for the first time since 1997.

The sprawling Woolmers Park estate includes a Georgian mansion, eight cottages, stables, equestrian and polo facilities (with indoor swimming pool), tennis courts, outdoor swimming pool, immaculately landscaped gardens, and hunting and fishing grounds—all privately fenced in over 70,000 square feet.

The main residence includes eight bedrooms (five en suite), eight bathrooms, a traditional kitchen with side sitting room, five reception rooms, a game room and a home theater. Also included are a two-bedroom staff quarters. Maximum privacy is guaranteed due to a “no public rights of way,” ordinance.

The estate has a rich polo and equestrian heritage, boasting indoor and outdoor fields year-round. Woolmers Park was once the residence of Claude Bowes-Lyon, 14th Earl of Strathmore and Kinghorne in the 1920s. Arthur Lucas purchased the home in 1949 and established the Hertfordshire Polo Club, which revitalized polo in England. While attending the University of Cambridge, Prince Charles (heir apparent to Queen Elizabeth’s throne) played competitive polo here.

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Park Avenue Penthouse for $10,750,000

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1130 Park Avenue
New York, New York

Bedrooms: 3
Bathrooms: 4
Year Built: 1927
Price: $10,750,000

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About

This modern penthouse apartment is a stunning, light-filled sanctuary in one of Manhattan’s most distinguished white-glove cooperatives on Park Avenue. Beautifully constructed, not a single detail has been overlooked in this elegantly renovated and sophisticated 3-bedroom, 3.5-bathroom Carnegie Hill home.

Enter from the semi-private landing into the sun-filled, expansive living-dining space with soaring 10-foot high beam ceilings, an elegant marble wood-burning fireplace and custom French doors that lead to the sweeping 70-foot terrace perched high above Park Avenue with scenic city views to the East River. With fantastic outdoor access and lovely indoor spaces, this home provides the perfect setting for versatile entertaining.

The spacious chef’s kitchen with custom cabinetry, honed stone countertops and top-of-the-line appliances, including a Sub-Zero refrigerator, Viking vented cooktop, oven and warming drawer, built-in Miele espresso maker and Viking wine refrigerator will delight even the most discerning chef.

Three meticulously appointed bedrooms offer comfort and tranquility. The luxurious master bedroom suite with its large picture window has an impressive walk-in closet and direct access to the terrace through two sets of French doors. The generously-sized second bedroom includes an en suite marble bath and Central Park Reservoir views, and the third bedroom, currently functioning as a library with pocket doors, features custom built-in cabinetry and bookshelves and fantastic sunlight thanks to an oversized single-paned double glazed window, one of many throughout the apartment. There is also a large powder room off the hallway which can easily be converted into a full bath.

The staff room, also with Central Park views and an adjoining full bathroom, is a private retreat, accessible from the rear hallway off the kitchen. Given its separation from the rest of the residence, it is perfectly suited as guest bedroom, office or gym. The rear terrace, while owned by the co-op, is only accessible by the penthouse floor and offers incredible Central Park Reservoir views. Custom millwork, dark oak floors, radiant under-floor heating in the master bath, a Creston sound system, ample closets and storage space, washer/dryer and central air throughout distinguish this exceptional residence from the rest.

Built in 1927 and designed by renowned architect George Fred Pelham, 1130 Park is one of Carnegie Hill’s most desirable buildings nestled among the finest museums, charming boutiques, excellent restaurants and Manhattan’s finest private schools. Building amenities include a 24-hour doorman, concierge, bike room, private storage room in the basement, fitness room and a live-in superintendent. Pets are welcome. A rare and special offering.

Listing Office:

1444324843Warburg Realty Partnership, Ltd
Warburg Realty Partnership
Main: 212-439-4500
Fax: 212-988-0192