Photo by Douglas Sheppard

Home staging is a special type of interior decorating that’s designed to appeal to the most people possible. Instead of décor that’s tuned to your taste, home staging décor is neutral, very contemporary, and meant to create a universally inviting atmosphere. The goal is to make it easy for potential buyers to envision your home as theirs.

Buyers may find it hard to conceptualize an empty home—or a home that’s filled with the previous owner’s years of furniture and sentimental items—as a place they can settle into. And home staging is often offered as the solution.

But you may be wondering if your beautiful home needs to be staged. Won’t it sell on its own? The answer depends on what you, as the seller, most value. Read on for the reasons why you should stage your home and the reasons why it might not be the right choice for you.

You should stage your home if…

• You want to do everything you can to get the highest bid for your home. A 2018 study of 4,200 homes found that more than two-thirds of staged homes sold for 9-12% more than similar homes that weren’t staged. For a list price of about $5 million, that’s the difference of $450,000-$600,000.
• You need your home to sell as quickly as possible. For homeowners who have already purchased a new home or who need to move on fast, staging your home can help your home sell faster than any other in your neighborhood. The most recent National Association of Realtor’s Profile of Home Staging found that over 50% of staged homes sold more quickly than similar non-staged homes.
• Your home has so many rooms that the function of each isn’t obvious. Beyond the standard bedrooms, kitchen, living room, and bathrooms, other extra rooms could leave buyers wondering what they’d use each room for. And even small added hesitation might cost you that sale. Home staging can define each room’s purpose so that imagining living in your home is easy for every buyer.
• Your home has a few architectural “quirks” or an unusual flow. You may love the unique aspects of your home, but potential buyers might see them as flaws. Home staging can help the home feel inviting and livable, rather than be seen as a little odd.
• You’re relying on online listings to fill your open house or book viewings. When all buyers know about your home is from the images they see online, the photos must be amazing. It’s been found that 38% of buyers are more likely to visit a home they saw online if it’s staged in the photos.
• Your home has been on the market for a while. If you haven’t gotten an acceptable offer in months, it’s time to give it everything you’ve got—including staging your home to sell.

Photo by Hutomo Abrianto

You might want to think twice about staging your home if…

• You’d rather not deal with the process. Home staging does take some time and effort for sellers, so if you’re too busy to consider it, then it’s not a good idea for you. In this case, your time may be worth more than the extra money you could get from the sale. Of course, many real estate agents will handle the process for you, so ask yours if that’s something they offer.
• You don’t want to foot the bill upfront. With home staging, you pay the cost of staging up front and hopefully get a return on that investment when you sell your home. com states that the average cost to stage a 2,000 square foot home is about $2,400/per month. If you would rather save your money now and potentially sell your home for a lower price than staging is not for you.
• You’re still living in your home while it’s on the market and don’t want to disrupt your life until you have to. Home staging involves switching out some or all of your furniture for new pieces, possibly painting rooms, and deep cleaning/decluttering. If you don’t want to move out right away (or you’re not comfortable living amongst the staged furniture), then you shouldn’t stage your home.

How do you find a home staging company?

If you decide to stage your home to sell, the best way to find a reputable and talented home stager is to ask your real estate agent.Often, agents will either offer the service themselves or will have a recommendation for a home stager they trust to do an excellent job. Sometimes, agents will arrange the entire process for you.

Most industry professionals recommend home staging—but the decision should be about what’s best for you

Home staging has become almost expected for homes on the market, even in lucrative and competitive markets like New York City and our own Los Angeles. However, you should decide for yourself.
Decide what’s most important to you: Getting the highest sale price possible? Selling your home quickly? Or saving time, money, and hassle right now (rather than later)?

If you can’t decide what to do, it’s always best to defer to your agent. They’ll know what makes the most sense for your type of home and the market you’re in.

Photo by Ian Dooley

The post Ernie Carswell On Staging Your Home Before You List It appeared first on Haute Residence by Haute Living.

7560 Montien Rd., San Diego CA 92127

Since 1996, luxury Realtor Danielle Short has devoted herself to serving the San Diego North County Coastal luxury real estate market in destinations ranging from Rancho Santa Fe to La Jolla for high-end clientele including celebrities and entrepreneurs. The two names you can trust, Danielle Short and Coldwell Banker. Danielle has over 25 years of sales and marketing experience, consistently winning national awards for her exemplary performance. Short sat down with Haute Residence to discuss her 5 housing predictions for San Diego:

1. This next year will be a good time to get top dollar for your home if you intend to sell.

A panel of experts state the economy will dip nationwide in 2020. That could affect San Diego home prices negatively, although no one believes values will drop as they did in 2008. Rather, they could just remain flat.

Home prices are expected to rise in 2019 at just more than 4 percent and local real estate gurus suggest many will start looking to purchasing home late in the year. That would make fall or winter of 2019 a good time to put your house on the market if you are considering selling.

2. Rents will go up.

This has been a trend in San Diego for a couple of years. Rent in the San Diego area is already some of the highest in the nation. Renters pay more than 40 percent of their income toward housing in four of the largest U.S markets, which includes San Diego.

This could affect single-family home purchasing in a couple of ways. Escalating rent could force people to move elsewhere. That could mean less competition for home purchases. It could also swing the opposite direction if rent becomes so expensive that renters feel it is better in both short-term and long-term finances to buy.

Right now, people are holding off on home purchases to see if prices have peaked but that is a gamble as home values are expected to go up again in 2019. That is expected to change dramatically in the last quarter of 2019 as renters move to purchase.

3. Millennials will represent a huge chunk of home buyers.

Predictions are millennials with new, higher-paid jobs will seize the opportunity at home purchases as home prices flatline or decrease in late 2019 and throughout 2020.

This will make for a highly competitive market, particularly with starter homes. If you are planning on entering the home market, you may want to start getting yourself and your finances together now rather than wait or you may find yourself paying higher prices to stay competitive for the house you want.

4. There will be more environmentally “green” homes at affordable prices available.

California will have new building code regulations, scheduled to start in 2020, mandating all new homes function to generate renewable energy. Also, they are all to be “net zero ready” where they generate as much or more energy than they use.

Another updating building codes mandate every new single-family homes and low-rise multi-family homes have solar panels on the roof. This is a plus for home buyers because these changes don't escalate the purchase cost tremendously, but to save you money in energy costs. Some utility companies even have generation programs where you sell your unused energy for a profit.

All this means there will be more affordable homes with lots of green features popping up in the San Diego landscape in 2019. That puts these types of homes within reach of many younger singles, couples, and families. There are several developers now planning and constructing communities implementing these new green rules. A Weston development is under construction in Santee now where all homes are green. Currently, 5.5 million California homes are solar powered.

5. More $1 million neighborhoods will be built.

There are eight such neighborhoods in San Diego now, putting it as a hot market for these type of communities. According to Zillow, 346 million-dollar communities have been built since 2014. The web site states a neighborhood is defined as a million-dollar neighborhood when more than 10 percent of its houses have a value of $1 million or more.

Some areas where these pricey neighborhoods can be found are Escondido, downtown San Diego, Carlsbad, Scripps Ranch, and Jamul. The median price for homes in these neighborhoods is around $700,000.

The expensive home trend is expected to continue in San Diego, as well as around the country, according to Zillow. These communities also have numerous amenities and offer privacy that upscale home buyers require.

Overall, San Diego will have options in both rental and homes for purchasing in 2019 as outmigration happens and more master communities are built. Options will include more high-end homes and homes on every level that implement green energy concepts. Middle-class and affordable homes will be competitive as more millennials enter the housing market to buy their first home.

The post Coldwell Banker’s Danielle Short And Her Housing Predictions For 2019 appeared first on Haute Residence by Haute Living.

Emily Kellenberger is ranked in the top 1% of real estate agents nationwide and is honored to be consistently recognized as one of the “Top 10” agents at Village Properties. Village Properties is a luxury boutique firm, an exclusive affiliate of Christie’s International Real Estate, and has been the #1 company in the area for annual sales volume for many years running. Kellenberger has emerged as a well-rounded agent with a knowledge of finance and a work ethic exceeded only by her passion to serve her clients. Kellenberger sat down with Haute Residence to discuss her market, Montecito, CA and what makes it so haute:

What are the current real estate market trends and conditions in Montecito?

The Montecito market offers quite a variety. Current pricing ranges from $735,000 for a condo or approximately $1,500,000 for a single family home, and pricing goes on up to $85,000,000. There are 162 active listings at the moment, with 23 of those properties, or 14% under contract (in escrow). The higher end homes typically see longer periods of time on the market. For the 2019 year-to-date Montecito market, the absorption rate (or months of inventory) is at 20 months, we have an average of 170 days on the market, a median asking price of $4,800,000, and a median sales price of $3,950,000.

What are the top 3 things luxury homebuyers look for?

The luxury homebuyers in our market want views (preferably ocean views but many would like to have ocean, island, and mountain views), privacy, and open floor plans that are great for daily living and entertaining. Also many love to have swimming pools.

Where do you foresee the luxury real estate market heading in the spring of 2019?

I see the activity level picking up. Our market saw 190 closings in March 2019, vs. 172 in March 2018, 164 in March 2017, and 153 in March 2016.

Is there a push for vertical living in Montecito or is it still horizontal based?

Montecito living is still mainly horizontal living, although there have been a couple of new developments on Montecito's Coast Village Road, also called the "Lower Village." The condos up above the Honor Bar sold right away, and the hot new development of the moment is called "The Villas as Olive Mill." There are only 5 condos up above commercial space, on the 2nd and 3rd levels of the building. It took 15 years for the owner/developer to put the project through, and the condos turned out beautifully. One condo sold off market, and the other four just came available. The remaining condos are priced from $3,500,000, and the penthouse is priced at $5,900,000. That being said, Montecito living is still mostly horizontal living. Luxury homebuyers typically want to spread out, they want views, outdoor space, privacy, and room to entertain their guests.

What do you recommend to homebuyers looking to invest in Montecito as we head into the spring of 2019?

I think this is an excellent time to buy in Montecito. Last year's events put a damper on housing transactions. The number of sales went down by approximately 30%. I feel there are some excellent values in Montecito right now, and I believe the community remains strong and beautiful and will heal from the events of last year. It has been amazing to see the community come together, making the area even better and more beautiful, and at a rapid pace. The hiking trails are gorgeous, the area is very green, the new Rosewood Hotel just opened, there are some excellent new restaurants, and the community will continue to thrive.

The post Emily Kellenberger On What Makes Montecito So Haute appeared first on Haute Residence by Haute Living.

2341 Gloaming Way, Beverly Hills Post Office, CA 90210

Ernie Carswell is one of the most accomplished and respected real estate agents in the industry today. He has been included in The Hollywood Reporter’s “Hollywood’s Top 25 Real Estate Agents” listing, in Variety’s feature on “Showbiz Real Estate Elite,” Billboard’s coverage of the “Top 15 Real Estate Agents Representing Musicians Today,” and was ranked in the top 100 Agents in the nation by the Wall Street Journal’s Real Trends. Carswell caught up with Haute Residence to discuss why buyers love Sunset Strip in West Hollywood and what makes it so Haute:

What makes your market haute?

LA’s Sunset Strip in West Hollywood is the epicenter of social activity for the City, from finest restaurants, destination shopping to designer boutiques spread along trendy Melrose Avenue to the private member clubs such as Soho Club on Sunset Blvd and famous music venues like The Roxy or Whiskey a GoGo. Residential living in the Sunset Strip include the contemporary trophy homes of the Bird Streets or the historic Spanish estates of the Hollywood Hills, plus the convenient hi-rise condominium buildings offering doorman service, rooftop pools, and ultimate convenience. Whether a bungalow, a townhouse or a tech wizard’s estate retreat, Sunset Strip has it all for residential living.

The residential crowd is made up of...

large estates, new construction modern trophy homes, quaint bungalow cottages, Mid-Century architectural statements, townhouse condominiums and large doorman service buildings with hotel services.

The community vibe is...

very active! Endless shopping whether designer boutiques or large shopping venues like the Beverly Center is easily accessible and walkable. People are very visible here strolling along sidewalks or cycling in the bike lanes.

The lifestyle offered is...

convenient access to all daily activities, large avenues or small side streets keep traffic flowing smoothly, socializing with friends and business colleagues is easily shared with a multitude of diverse restaurant choices, small parks, and recreation areas offer athletic activities. One gets the feeling that the best of LA is contained within handy reach.

The most popular building type you’ll find is...

single family homes of all shapes and varieties mixed with architectural buildings such as the Cesar Pelli-designed Pacific Design Center.

The average home price is...

$ 2.5 million.

The area’s greatest highlight is…

dramatic views from the Sunset Strip seeing the entire city to the Ocean.

The area’s best driving-distance getaways are…

Santa Monica beach is 25 min drive, downtown Arts District is 35 min drive, LAX is 35 min drive.

The best spot to dine fancy is…

the Tower Bar, but also remember the Chateau Marmont!

The best spot to find entertainment is…

Sunset Boulevard between Doheny and Fairfax.

The best spot to go shopping is…

Melrose Avenue or the Beverly Center.

The best place to tee off is…

ugh oh—we don’t play golf in the Sunset Strip, but Bel-Air Country Club is 15 min away and Rancho Park golf course is 12 min away.

The post Ernie Carswell On What Makes Sunset Strip So Haute appeared first on Haute Residence by Haute Living.

Celebrity Stunner, Saddle River, New Jersey 07458

Named by Town & Country Magazine as “The Gatekeeper of Saddle River,” Vicki Gaily continues to have the highest sales and listings sold production in Saddle River. She attests that real estate has never been “just a job” to her, it is her passion. Gaily continued her vision to create the most outstanding luxury real estate company by establishing a relationship with Christie’s International Real Estate in 1998, giving the company the global reach it deserved.

Recently, Gaily and her team noticed some changes. The Special Properties, Div. of Brook Hollow Group, Inc. Realtors, in Saddle River, NJ, noticed there are more homes under contract as of April 1, 2019, than ones that were closed on for the entire last year in the million dollar plus properties. Gaily shared with Haute Residence the 5 reasons why the time is now to buy in New Jersey, especially in Northwest Bergen County:

1. Prices have adjusted, in some cases between 25% and 35%, and even more if the homes were priced too aggressively to start with.

2. The interest rates have come down recently even further than they have been, and they offer a great opportunity for those wanting to finance.

3. People are confident with where they stand with their Federal and State taxes, which is helpful because very few knew how this would affect their bottom line with the SALT guidelines implemented in 2018.

4. There are a variety of choices now as far as inventory. Certain price ranges are dry and are selling quickly and others are offering great choices for the buyer.

5. Sellers want to "live their lives" and not sit on the sidelines waiting for a buyer to write a check that is no longer realistic to the current market.

Although the weather has been a little on the chilly side in Bergen County, the Spring market is H-O-T!

The post Vicki Gaily Has 5 Reasons To Buy In New Jersey Now appeared first on Haute Residence by Haute Living.

296 Gray Head Lane, Telluride, CO 81435

Steve Catsman arrived in Telluride fresh out of school by way of Aspen. Although it was the love of skiing that brought him here, his passion for nature, outdoors and mountain living has made the historic town of Telluride the home of his family for over 46 years and three generations. He was a Founding Broker in Telluride Real Estate Corp. in association with the Telluride Ski and Golf Company and has been a top broker since 1981. Catsman sat down with Haute Residence to discuss the market of Telluride and what buyers are looking for:

What are the current real estate market trends and conditions in Telluride, CO?

Telluride enjoys a niche market in one of the most beautiful luxury resorts in Colorado. With a free gondola that connects a 1/4 wide mile box canyon, Historic Town of Telluride, to the Mountain Village, a high end ski in / out community with a commercial core and luxury estate homes, the Telluride area has a variety of real estate options from extremely high end to affordable housing for local residents. By definition, due to it's smaller population, the region is blessed with limited inventory, however, coupled with the incredible beauty and amazing wilderness, the long term trend promises to continue upward.

What are the top 3 things luxury homebuyers look for?

I would say that there are actually four plus main criteria that home buyers are looking for. Because of the unmatched beauty, views are most sought after. Due to the high-end nature of the buyers and their families, privacy is often a request and coupled with the option for convenience to downtown or the Mountain Village. Finally, of course, proximity to the ski area, ski in / out is often desired for area vacation homes in the Telluride region.

Where do you foresee the luxury real estate market is heading in the new year?

The Telluride region is the Festival Leader of Colorado ski towns. With events such as the Telluride Film Festival and the Bluegrass Festival, our summers are actually busier than our winters, and with two new carriers into Telluride's airport, new this summer (Denver Direct) and Boutique air, both affiliated with United Airlines. Telluride also offers a wide variety of connections from East coast to West coast into Tex / Montrose Regional. As a result, we are anticipating a year-round robust market to continue.

Is there a push for vertical living in Telluride or is it still horizontal based?

With amazing natural beauty and our iconic mountains in all directions, Telluride maintains strong architectural controls in order to maintain views and privacy for its residents, and subsequent quality of life, so I do not see the market going vertical anytime soon.

What do you recommend to homebuyers looking to invest in Telluride as we head into 2019? Why Telluride as opposed to other resort areas of Colorado and the west coast?

The Telluride story has never changed. Its natural beauty surpasses all the rest. That coupled with the limited supply of real estate, bodes well for keeping the quality of life above the crowds that frequent other resorts.

To see a sample of this go to www.catsman.com or call Steve Catsman at 970-729-0100

Image courtesy of Steve Catsman 

The post Steve Catsman On What Makes Telluride A Niche Market appeared first on Haute Residence by Haute Living.

Just a few short years ago, the east side of the Willamette River in Portland, Oregon, was seen as the gritty, industrial section of the city. The west side of the river, with Downtown Portland, the Pearl District and the beautiful West Hills neighborhoods, was the place for purchasing high-end real estate. But times have changed in Portland, and the Eastside is now a hot spot for commercial developers and design-savvy residential buyers.

With the implementation of Portland’s Opportunity Zone designation, the inner east side of Portland has seen an influx of new commercial development. This new development is required to include flex office space, the kind of real estate that many technology and design start-up firms love. The employees these start-ups attract are often the type of people who have the desire to live close to where they work, which has encouraged the residential market to step up its offerings to include the type of upscale homes these employees desire.

This combination of the commercial real estate boom and new residents flocking to the Eastside is actually perfect for this area, as it has always had wonderfully walkable neighborhoods, stylish retail enclaves and a collection of grand and eclectic homes.

“We’re seeing an influx of people moving to the inner Eastside from out-of-state, especially California,” says Elliott Moore, a broker with LUXE Christie’s International Real Estate. “People don’t want to live in the suburbs anymore. They want to live close to work and be in walkable parts of the city where they can easily shop and go to restaurants and theaters.”

That’s exactly what Portland’s inner Eastside offers. “There’s a lot of wealth and power on the east side,” explains Moore, who is a fifth generation Portlander and expert in the Eastside’s real estate market, “but it’s more demure than in downtown or the Pearl District.” Award-winning restaurants, a collection of craft breweries and distilleries, dog-friendly establishments, great public transportation, and active bike culture are just a few of the reasons people are looking to the east side of the river as a great place to live. “People want to live this life, and Portland’s Eastside has it,” Moore explains.

The picturesque, tree-lined streets of the Eastside’s many pocket neighborhoods have a variety of historic estates mixed with luxury condos, Mid-Century gems, and modern homes. And though many buyers don’t realize it, neighborhoods like Mt. Tabor and Alameda Ridge offer incredible views of downtown Portland, the Willamette River, and the Cascade Mountains.

Buyers looking for a high-end home in Portland have so many options when it comes to home style and location. “I know the Eastside like the back of my hand,” says Moore, “and LUXE Christie’s has a curated knowledge about luxury properties. We love helping buyers explore the area to find just the right home in just the right neighborhood.”

For more information about property in Portland’s Eastside, please contact Elliott Moore at 503.320.6582 or ElliottWMoore@LuxeCIR.com.

Photos courtesy of LUXE Christie’s International 

The post LUXE Christie’s on Portland, Oregon’s Eastside Combining Luxury and Livability appeared first on Haute Residence by Haute Living.

When searching for the ideal luxury property in Oahu, you need the help of a talented high-end real estate company. At Engel & Völkers Honolulu, clients will receive professional guidance and a wealth of resources to track down the perfect property. Haute Residence caught up with Kay Mukaigawa, Engel & Völkers Honolulu's President and Principal Broker, about what buyers are looking for in Honolulu, popular tourist spots, and more:

What are the Top 3 aspects buyers are seeking in Honolulu?

A neighborhood that supports the work, live, play lifestyle. Many of the developers are creating environments that allow for the ultimate conveniences just steps away.

Location is a key factor, you will see the highest demand in areas with beach access. Since Oahu has some of the most beautiful and famous beaches in the world, proximity to the oceanfront is always a consideration for buyers.

Investment and resell opportunities. Planned communities like Kakaako and Kapolei are gaining attention as they are expecting considerable appreciation in value as the neighborhoods expand.

What are the best tourist attractions?

Beaches (Waikiki, Lanikai, Sunset Beach)

Resorts (Waikiki, Ko Olina, Turtle Bay)

North Shore (full of history but developing to include modern conveniences that draw tourism.

Describe luxury living in Honolulu?

For Single Family Homes, there are standout prestigious neighborhoods such as Kahala, Hawaii Kai and Lanikai (the town where Obama stays in Hawaii) that hold a rich history and breathtaking views.

Those seeking luxury living in the city flock to Kakaako, driven by the planned community of Ward Village (a Howard Hughes development). Many Luxury Condos have been built in the last couple of years and many more have been announced to break ground in the near future, including notable buildings like Waiea, Park Lane, Anaha. These buildings include world-class amenities and services like Valet Parking, Deluxe fitness center, resort-style locker rooms with steam, sauna and treatment rooms, Resident theater/performance room, Victoria Ward Library, Howard Hughes Bar, Indoor golf simulator, Infinity-edged ocean-view pool & hot tub, Resident poolside cabana & Dog parks among others.

What style of homes are buyers seeking?

Green and smart home features are on the top of the lists for buyers at this time. Environment-conscious designs and technology as well as the conveniences that smart technology and design are continuing to pop up on the wish list of many of our buyers.

Why would you recommend Honolulu as opposed to other destination areas?

• Weather and environment are beautiful.
• Lifestyle Hawaii provides is well-suited for those who enjoy the outdoors as well as modern conveniences.
• Strength of the real estate market.
• Highly desirable destination for tourists and residents alike.
• A perfect mixture of history and culture with modern conveniences.

Photo courtesy of  Engel & Völkers Honolulu

The post Engel & Völkers Honolulu On What Buyers Are Seeking In Honolulu appeared first on Haute Residence by Haute Living.

Luis and Giovanna Fernandez are among the most prominent names in the luxury real estate market in South Florida. With decades of expertise in the industry, they can handle the most high-profile and complicated transactions, while ensuring the best deals for their clients, be the buyers, sellers or investors. Both Luis and Giovanna specialize in high-end properties in Coral Gables, South Miami, Coconut Grove, Pinecrest and Brickell among others. These real estate powerhouses sat down with Haute Residence to discuss their recent sale in Key Biscayne, FL:

Describe the estate that you recently sold (location, features, amenities, style, etc.)?

350 Island Drive: The Island House located on the Island of Key Biscayne Is a stunning, custom built Modern waterfront home. My seller went above and beyond sparing no expense in construction from imported marble & wood floors, glass-cased wine cellar, home generator, impact doors and windows, a rooftop terrace and a home generator to fuel the entire home for our stormy summers. He even had the home entirely soundproofed with movie theater grade insulation. He loves the ocean so the home had water features from the waterfall that greeted you at the door, the 500-gallon saltwater fish tank in the foyer and of course, the floor-to-ceiling sliding doors for a clear view of the water. We sold this home in under 4 months for $7.9 million.

What were the prospective buyers looking for when seeking this home?

Warmth and water! They moved from the cold Minnesota winter deciding they were sick of the harsh winters. The day of the walk through the buyer showed me the temperature back home being at a frigid -34 degrees and said: "this is why we are here!"

What is significant about the selling of this particular home?

This home was built with so much love living out his dream. He was the only owner and it was very hard for him to part with it. I felt like I was helping him give his daughter away at the altar!

How does this sale correlate with the current state of the real estate market?

The luxury market is sluggish, particularly on Key Biscayne. There is a lot of competition and an overage of large homes for sale in the South Florida market as buyers are going more minimalistic. What made this home appealing was its ease to the open ocean and the size of the home is a manageable size that can still accommodate a large family.

Photos courtesy of Luis and Giovanna Fernandez

The post Luis and Giovanna Fernandez Discuss Recent Key Biscayne Sale appeared first on Haute Residence by Haute Living.

What is significant about this sale prior to the ones made before?

This home took a total of 8 years to come to fruition from the inception of the design to completion. The sale was significant in that it set the benchmark for the highest priced residence ever sold in the town of Edwards, CO and the highest price home sold outside of the Vail and Beaver Creek resort areas in nearly 10 years.

What were prospective buyers seeking when viewing this home?

Huge views, acreage, privacy, and something truly unique that is also relatively close to two of the most iconic ski resorts in the world.

Describe the architectural qualities this home possessed?

The Sellers felt the land always resembled Tuscany with green hills, lush verdant valleys and three-hundred-sixty degrees views of majestic, snow-capped mountains from New York Mountain and the rest of the Sawatch Range, the Gore Range or Castle Peak, depending on the direction of your gaze.

Gordon Pierce (architect) had a vision for a noble, Tuscan-style home that would be the perfect, timeless legacy estate for the Rothkopf family. The goal of the design was to create an estate that would be comfortable and just as gorgeous today as it will be many generations from now. For two weeks, through Umbria and Tuscany, from hill towns to seaside cities and from Florence to Positano, Joseph Abbott (builder) trailed the couple, seeking inspiration. On that trip, they found raw materials they would use to erect their masterpiece; they shipped 9 cargo containers backfilled with supplies (toy boxes stocked with intricately carved fireplaces, pale terracotta, hand-hewn limestone, and marble salvaged from manses and estates, some centuries old.).

The living room’s centerpiece is the centuries-old Tuscan fireplace. The stone flooring is from Padua. The herringbone wood flooring was also created using the materials sent from Italy. The movie screening room was a small replica of the Cinema Rialto in Rome. The kitchen maintained an authentic Italian feel with a wood-fired pizza oven.

There are too many details to mention. It was timeless and breathtaking, but it was also not the typical ski residence.

What was the key selling factor?

I believe the appeal of this residence is that it has a truly timeless quality and with regular maintenance or minor changes over time, it will be just as gorgeous 200 years from now as it is today. Despite being a huge estate, it definitely has an atypical style for our ski country geographical location but is a destination in itself.

A huge factor in selling the home was also focusing on the land and lifestyle the estate offers. The family that purchased the estate has a unique background and an energetic spirit. Once they were intrigued by the beauty of the residence and the views, we invited them back for breakfast in the informal dining area overlooking the incredible Sawatch Mountain views. We then took them sledding down the mile and a half private driveway that the estate caretaker prepped for the occasion. The previous owners have done this for years and it was a huge hit with their friends and family. The buyers enjoyed the experience so much that we set up another experience and invited them back for a snowshoe on the private trails. This gave them time to take in the beauty of the landscape and set a foundation for the intimate family memories to come.

Originally the buyers were looking at ski-in/ski-out residences that were more typical in the area but were drawn into this one-of-a-kind home after getting a glimpse into the lifestyle the estate offers. La Favorita is truly a destination in and of itself.

How does this sale impact the future of your team?

Despite being such an incredible home, it was thought of somewhat as tough sell in the marketplace because it was connected to a golf community where the highest sale is not within a comparable sales range and because no buyer had ever spent nearly this amount of money for a residence that was not in the Vail or in Beaver Creek resort neighborhoods. Some felt it was a large price tag given that distance.

Unlike some ski resorts, we don’t have huge acreage of this magnitude located within only a few miles to the ski areas. La Favorita took a bit more creativity in marketing the home to bring the right buyers in. We were able to fully immerse ourselves in the estate because we were fortunate to work with such incredible homeowners that truly partnered with us to make sure we properly understood the residence and portrayed its story. We wanted to make sure that we brought the homeowners and our passion for the estate to the brokerage community and potential buyers.

The post Malia Cox Nobrega And Barbara Scrivens’ Recent Record Sale In Colorado appeared first on Haute Residence by Haute Living.

After working in real estate for nearly three decades, Cindy Shearin has become a skilled and experience California real estate agent. Shearin and her team, work endlessly to provide their clients with the most luxury listings and sought-after properties. Witnessing significant changes within the real estate industry, Shearin sat down with Haute Residence to discuss the must-haves for luxury homebuyers, the top 3 attractions Manhattan Beach has to offer, and much more.

What Top 3 elements are luxury buyers seeking in Manhattan Beach?

The luxury buyer usually has a long list of must-haves, but top priorities always include ocean views, close proximity to the beach AND downtown Manhattan Beach.  Where Manhattan Beach is located on the Queen’s Necklace, ocean view homes like our property at 235 4th Street, have incredible views of the Pacific as well as Catalina Island, the lush Palos Verdes Peninsula, the Santa Monica Mountains and all the way up to Malibu.  Manhattan Beach is a lively community that is very walkable. From our 4th Street property, the award winning elementary school, Robinson Elementary, is just a few blocks away as well as the adorable downtown area. It’s like living in a small village-like hip beach town in Los Angeles...which is a city with abundance.  Most residents close enough to town will walk to the restaurants, bars and various shops without having to drive. In fact, homeowners close enough to town, like 4th Street, will park their car on Friday and not get back in until Monday for work. Manhattan Beach is also a very safe community which has its own police and fire department.  Our quaint city by the sea offers an excellent leisure lifestyle in a very safe environment.

Which of your current listings would be ideal for luxury buyers?

We have a reputation for representing some of the finest properties in Manhattan Beach, so our clients and potential buyers will always be in good hands with The Shearin Group.  We are resolute in carefully selecting properties that our discerning clients expect. Also, setting us apart from most real estate groups is our property development program. Like the recent collaboration with one of our clients, Legacy Estates, we designed and developed the ideal property for today’s luxury buyer at 235 4th Street in Manhattan Beach.  From all levels on this property one will enjoy jaw dropping views, be less than two blocks to the gorgeous beach, and a few blocks into the thriving downtown area. With every modern luxury from a full size residential elevator and heated floors to exquisitely appointed interiors, this 4000+ square foot home has it all; location, style and upscale componentry.

What are the best dining, shopping, and attractions in Manhattan Beach?

Well, there are so many attractions that this list could go on and on, but I’ll try to keep it short.  We have great award winning restaurants in Manhattan Beach with famous chefs in-house. A crowd favorite is The Arthur J.   This fantastic steak house sits at the edge of downtown (and very close to our 4th Street property). It always has a bustling nightlife, delicious food, and mixology cocktails set in a 1950’s-chic Mad Men-era styled space.  Award winning MB Post is just down the street as well as dozens of other great eateries. Boutique shopping is similar to what one finds on Montana or in Brentwood. Trina Turk’s colorful windows always draw fans in and locally owned Cami and Wright’s carry brands that rival Barneys and Saks, saving the local ladies a trip to Beverly Hills.

The ultimate attraction is of course our pristine beach.  The nice wide beach here is meticulously clean and continually offers fun events to attend like AVP Pro Volleyball tournaments and the famous (or infamous) Six-Man tournament where teams show up in silly costumes and play for fun...don’t be surprised if you see a team of grown men in tutus or wigs in the final round.  We locals have seen it all, and it’s all in good fun.

Are home buyers seeking properties closest to the water as opposed to properties with more land?

Everyone wants to be close to the water.  The sand section in Manhattan Beach has full lot homes where one can find properties around 4000+ square feet.  Most properties don’t have a sizable yard however, but when you have a full lot that runs 90 feet north/south, like in our property at 235 4th Street, the homeowners get a ton of insane ocean views, and uniquely we chose to incorporate a nice size yard trimmed in grass to satisfy the client desiring more outdoor space and land.

What are the must-haves for luxury homebuyers in regards to the design of the space?

We are seeing a trend in warm modern aesthetics where clean lines rule and quality is apparent.  Also, a smart floor plan that is open and flowing, along with dedicated spaces like outdoor kitchens, home gyms and basements are top requests these days.  Likewise, upscale fixtures and appliances are very important to our clientele; Dornbracht fixtures, Miele kitchen appliances, and Kalista bathroom components are preeminent.  With all the indoor-outdoor living spaces we are seeing nowadays the use of glass Fleetwood pocket doors and windows are also in high demand. Furthermore, as with numerous homeowners we’ve worked with, The Shearin Group can redesign to incorporate a luxury must-have list, or build from the ground up, all to exceed the client’s expectation for their dream home.

The post Cindy Shearin Shares The Top 3 Attractions In Manhattan Beach appeared first on Haute Residence by Haute Living.

At the end of the seventies, Shenzhen was a small market town of less than thirty thousand people. By 2016 it was a megacity of 12 million, and its population rate has not slowed down since. China sees many urban inner-city projects like ours, but Shenzhen is unique in its very sudden economic and cultural boom and resultant young population, and we had to accommodate for this. The average person living in Shenzhen is just under 30 years old.

The biggest challenge we faced throughout the project was translating our design aesthetic into something that would be appreciated by the local buyers - without compromising on the Studio language. To gain an understanding of the aesthetic we were after, we visited several new residential projects in Shenzhen and nearby Hong Kong. We found that these projects were all characterized by a high level of décor; no white walls or plain surfaces anywhere. This is a major difference compared to the US and the Western world in general, where minimalism is often strongly favored across many design platforms.

Were we to adopt a minimalist practice for this project, however, we were at risk of appearing cheap or lazy. We began to understand that luxury in Chinese design is usually defined by an abundance of materials and finishes, with emphasis on stone and marble surfaces. Initially, our team found adapting to these unfamiliar design values quite challenging, having come from a markedly different cultural background and design training. Regardless of the design choices, however, our main priority was to ensure that the project was a commercial success.

After some hard but rewarding work merging these Chinese expectations with our own design sensibility, we managed to negotiate an attractive outcome. The final design was rich and colorful with an emphasis on marble - without being overly grandiose. All the apartments were sold long before completion at asking price or more. The client was very pleased with the final result, and so we were.

Photos courtesy of Sergio Mannino

The post Minimalist Aesthetics Inspire China Studio appeared first on Haute Residence by Haute Living.

Lake Oswego is one of Oregon’s most affluent cities and home to LUXE Christie’s International Real Estate, the market leader in luxury residential and commercial properties in Oregon and Washington. With an incredible mix of home styles, arts and culture, restaurants and shopping, and recreational and family-friendly activities, Lake Oswego is perhaps the perfect small town.

Located just 8 miles south of Portland with a population of nearly 40,000, Lake Oswego is an active community where residents can enjoy time on the water on the Willamette River or Oswego Lake, hiking the trails in Tryon Creek State Park or golfing at one of two local courses and then enjoy a drink at World Class Wines, a neighborhood wine bar and bottle shop, and a bite to eat at one of downtown’s many celebrated eateries.

Summers shine in Lake Oswego with community favorites like the Farmers’ Market which boasts more than 80 vendors, the acclaimed Festival of the Arts that is in its 56th year, the Sounds of Summer and Moonlight & Music concerts in the park, and theater performances at Lakewood Center for the Arts. Foodies, golfers, art buffs, boating enthusiasts…whatever your passion, Lake Oswego will deliver.

The city offers a beautiful and diverse mix of home styles, and LUXE Christie’s brokers are experts in working with clients from around the world to find just the right home in this vibrant city. From lakeside and modern estates to contemporary condos and historic homes in the renowned First Addition neighborhood, Lake Oswego has an incredible array of homes from which to choose.

LUXE Christie’s is headquartered in the heart of downtown Lake Oswego, making it a community hub for real estate information. Their knowledgeable team not only gives clients top-notch real estate service but knowing that each transaction is unique, they have an incredible network of affiliates, including the finance professionals at Directors Mortgage, to ensure success for each client. LUXE Christie’s is more than a real estate firm though. They deliver a concierge-based experience by giving clients the red carpet treatment from start to finish. From local tours, if they are new to the area, to insider’s tips on the city’s many arts, cultural and recreational activities after they purchase, LUXE Christie’s builds lasting relationships that their clients truly appreciate.

For more information about homes in Lake Oswego or relocation services in Oregon or Washington, please contact LUXE Christie’s at 503-389-2112 or info@luxeCIR.com or visit www.Luxecir.com.

Photos courtesy of LUXE Christie's International 

The post LUXE Christie’s Dish On The Affluent Lake Oswego Community appeared first on Haute Residence by Haute Living.

Photo Credit: Lioneye Aerials

It’s not just the sleepy region across the river from Portland, Oregon anymore. Clark County, in Southwest Washington, is alive, growing and ready to make its mark.

New development projects are underway in Vancouver, just across the river from Portland, Oregon, with the revitalization of the waterfront as the main attraction for remaking the way residents and visitors see the city. Together, Vancouver’s friendly business environment, mild climate and beautiful natural surrounding have nurtured the rapid growth of visitors in the last five years and brought the city’s population to 183,500, making it Washington’s fourth largest city.

“Vancouver is in a position of growth, due to the outpouring of Oregon residents crossing the river as well as those from other states seeking tax relief, no rental caps and cheaper housing,” says Ron Kramer, branch manager for Fairway Independent Mortgage. “This growth is being managed and built out by a number of very talented investors, developers and business people within this community-focused city.”

Unveiled in September 2018 by the Port of Vancouver, the Terminal 1 Waterfront Project promises to be an unparalleled opportunity for new high end commercial and residential development along downtown Vancouver’s Columbia River waterfront. The former marine and industrial site sits on the Columbia River next to the Interstate 5 bridge that connects Portland to Vancouver. This location has been the community’s link to the river for over a century and is now poised to be a regional gathering space that promotes entrepreneurship, commerce, recreation, and arts and culture.

The project’s $1.5 billion master plan includes a variety of mixed-use development including 3,300 new residential units, more than 1.25 million square feet of creative office space, a luxury boutique hotel, restaurants and retail shopping. Construction is already underway, and the success of this project is already being felt with the creation of jobs as well as community pride.

The Columbia Palisades project is another highlight in redevelopment of the Columbia River waterfront. This visionary mixed-use development, ten miles west of downtown Vancouver, is on land that had been used as a quarry for more than 135 years. Columbia Palisades is an 84-acre site that will feature retail, restaurants, office space, luxury view single-family residences and townhomes, as well as 24 acres of open space. This lifestyle center will be unique with its sloping landscape, which has an elevation change of 180 feet from the riverside to the top of the site.

These waterfront developments in Vancouver are but two bright spots in Clark County’s growth. Seventeen miles north of Vancouver is the small town of Ridgefield, Washington, the fastest growing city in Clark County. With a bevy of new businesses and services that moved to town in 2018 along with a new outdoor recreation complex set to open in 2019, complete with a community center and six sports fields including the home of the West Coast League’s newest baseball franchise the Ridgefield Raptors, Ridgefield is a growing community that should not be overlooked. The nearly 8,000 residents of Ridgefield enjoy the charm of a vibrant downtown while also enjoying the nearby waterfront district, the Ridgefield National Wildlife Refuge and the meandering Lake River that’s ideal for kayaking, boating and fishing.

Amid the natural beauty of the area’s rivers and mountains, Southwest Washington is a wonderful place for building a prosperous business and life! For more information about residential or commercial real estate opportunities in Clark County or Southwest Washington, please contact Kendra Ratcliff, VP at 503-330-6677 or Kendra@LuxeCIR.com.

The post LUXE Christie’s Discusses New Developments In Vancouver appeared first on Haute Residence by Haute Living.

After being named America's Happiest and Healthiest city for three consecutive years, it's to no surprise that Naples is the ideal location for luxury homebuyers. Real estate agent, Dante DiSabato, has assisted his clientele in both buying and selling over $250 million in property. By creating genuine relationships, DiSabato has ensured satisfaction with each and every one of his clients. DiSabato caught up with Haute Residence to discuss which areas are most sought after in Naples, and what the endless benefits of investing  in properties.

What advice would you give homebuyers looking to invest in property right now?

That’s a great question, it all depends on what type of investment they are looking for. The best advice I would give them is to make sure to pick the best location, which will instill long-term value for them. Naples offers all types of investments from spec homes, to rehabs, to rental incomes. The good thing is people can ride the upswing in appreciation while renting their property or building a home.

What changes have you seen within the market recently regarding investments?

That it’s harder to find a “deal” per se. There still is investment opportunity — it is just harder to find since everyone here thinks they are in real estate.

Are there any particular areas you would advise potential buyers to look in?

I call 5th Avenue South the center of the universe, so if you can get as close to that you will be good! That’s the main corridor of downtown and the main vein of Olde Naples. Five or six blocks on either side gives you walking distance to the restaurants and shops of 5^thAve. S., and still leaves you close enough to walk to the beach.

Which type of properties are investors typically seeking?

Investors are seeking condos usually because it is easy maintenance from a far. And luckily, Naples has a terrific selection of condos available at any given time. Everything from brand new units to older spaces that are selling right because they might need updating. But all of them leave you in the city that has been named America’s Healthiest and Happiest City for three straight years.

What are the benefits for investing in a property?

You can have equity in a property while gaining in appreciation and cover your cost of that property or even turn a profit. Best case scenario you make a nice profit. Worst case scenario you have property in one of the best places in the country.

The post Dante DiSabato Shares The Most Sought After Area In Naples appeared first on Haute Residence by Haute Living.

For over two decades, Steve Solomon has built successful client relationships as a luxury real estate agent in Boca Raton. Solomon's knowledge and access to the high-end South Florida real estate market has earned him the coveted title as the # 1 Douglas Elliman Agent in other Boca Raton and Delray Beach. Solomon sat down with Haute Residence to discuss the top three qualities luxury homebuyers are seeking and where he sees the market heading in the coming years.

What are the current real estate market trends and conditions in Boca Raton? 

The market in Boca Raton, in general, is healthy. That being said, some segments of the market are stronger than others. Properly positioned single family homes under $1.5M and over $5M are selling very well. The market for $1.5M-5M houses are seeing plenty of buyer activity but those buyers so far this season, have been waiting before pulling the trigger on an offer. The oceanfront/waterfront condo market in this area is very active in all price ranges. Most country club homes have taken a hit in value as interest in golf has waned in general. Now that prices in the country clubs have adjusted to market demand however, we do see home sales in some private clubs ticking up slightly.

What are the top 3 things luxury homebuyers look for? 

1) It’s no surprise as our market is greatly influenced by trends in New York and Southern California, that there has been a demand for renovated homes and condos that offer a lighter color palate with clean lines and less heavy detail.

2) Views have always been important for the luxury buyer and it still holds true today. Whether the view is of the ocean, a canal, a lake or green fairways or otherwise, we generally find good/great views are very important.

3) The savvy luxury buyer today will look for either great value or great condition (and sometimes both). This sort of goes back to the first answer. When buying a luxury resale property (as opposed to new construction), buyers today are either going to want to move in with little or no renovation or buy at such a discounted price it makes sense to invest their time and money to create the look they desire.

Where do you foresee the luxury real estate market heading in the spring and summer of 2019? 

Barring any major political or international problems, the market in South Florida will remain strong. Our beautiful weather together with the fact that Florida has no state income tax is a big driver of the luxury market here. As long as they stay the same, our market will continue to do well. Furthermore, in the past, the Boca Raton and Delray Beach markets were not as popular with international buyers that generally flock to Miami and Fort Lauderdale. I do believe we are beginning to see an uptick in interest from international buyers.

Is there a push for vertical living in Boca Raton or is it still horizontal based?

Delray Beach and the areas around Atlantic Avenue had a renaissance a few years ago and now downtown Boca is definitely seeing one with new residential construction on many corners. Projects like Alina, Tower 155 and others in the development pipeline offer luxury condo buyers looking for a more “urban” lifestyle great options.

What do you recommend to homebuyers looking to invest in Boca Raton as we head into 2019? 

The tried and true age-old adage of location, location, location still holds just as true today. If you buy a place on the water or actually with any great view, these properties will almost always hold value better than those without.

The post 5 Questions With Boca Raton Real Estate Agent Steve Solomon appeared first on Haute Residence by Haute Living.

Photo courtesy of Yuliya Kachko

How did you get started in Real Estate?

I have always been interested in business and entrepreneurship. After graduation with my MBA from FIU, I founded a marketing company with two partners. One of my business partners was a long time real estate investor. He has introduced me to the real estate investing world. I have attended multiple local and national real estate investing seminars, learned from the market leaders and fall in love with the luxury real estate. Miami is happened to be an ideal place to sell luxury homes. I have joined the best real estate team Sotheby's International Realty and fully emerged into real estate business. I love what I do, enjoy working with the best team and helping my clients to achieve their real estate goals.

What sets you apart from the competition?

Strong Marketing skills, ability to listen to my clients' needs, provide true numbers and in-depth analysis of current market conditions whether clients are looking to sell or buy their property. I am very transparent and honest.  And fully dedicated to my business and people I am working with. The goal is to achieve a Win-Win situation for all parties involved in a deal. 

What advice would you give someone looking to get started in Real Estate?

Learn daily, be very consistent and persistent, know your market, be an expert in a few selected areas, but knowledgeable in the real estate market as a whole. Join one of the leading real estate team in your city and learn only from the best. 

Do you have a special listing or property currently on the market that you absolutely adore? 

I have a stunning listing in the new development at the private island Prive. It's a very unique location in the heart of Aventura Williams Island that offers breathtaking views, luxury service and amenities along with a very exclusive and private lifestyle. This beautiful brand new private residence offers magnificent unobstructed direct Intracoastal, Ocean and City Views, spacious layout with over 2,700 SF of interiors, expansive terrace with summer kitchen, high end finishes throughout. Priced well, best value in the building. http://www.prive804s.com 

The post Ask The Expert: Yuliya Kachko Shares Industry Tips To Up-and-Coming Real Estate Agents appeared first on Haute Residence by Haute Living.

Equestrian estates are particularly special to me because when my family moved to Northwest Bergen County around 40 years ago, there was an equestrian estate across the street from us. For many years, we woke up to a rooster crow in the early morning and every so often we’d hear a whinny! My daughter was lucky enough to learn to horseback ride on the acres of property that our neighbors had, and still have!

It is hard to believe we have NYC skyline views along with our bucolic riverfront properties with extraordinary views of nature and acres of pastureland.

The first time I entered the gates of River Oak Farm, I could not believe this type of setting existed in Northern New Jersey. The riding facility is state of the art and can accommodate 20 horses with expansive turnouts and indoor riding.

The sports areas offer unlimited opportunity for fitness, both outdoor and indoors. The hand cut stone main residence is architectural perfection. This is all surrounded by 9000 preserved acres. It doesn’t get any better!

Twynn River Farms is another incredible estate encompassing 25 riverfront acres with a 9 stall barn with living space above. The architecture of both the main house and the barn building was designed by renowned architects Shope, Reno, Wharton from Greenwich, Connecticut. The structures were sited on the estate grounds by the architects to take advantage of the extraordinary views. There are two additional historic homes in this compound as well.

Arrowwood Estate was designed as a bucolic retreat of 10 acres in total and can house farm animals or up to five horses. The 17,000 sf. Main house was a labor of love for the current owners desiring a country retreat close to Manhattan. There is both an indoor and outdoor pool and regulation lighted tennis court to add to the fitness amenities.

These are great examples of the recreational/equestrian lifestyles that are exceptional and offer even more reason to enjoy living in this area of New Jersey, especially if you require the close proximity to New York City.

Written by Vicki Gaily 
Marketing Director • Founder
Special Properties, Div. Brook Hollow Group, Inc. Realtors 

The post Equestrian Estates Within 30 Minutes Of Manhattan | Written by Vicki Gaily, Realtor-Associate appeared first on Haute Residence by Haute Living.

 

It’s easy to buy a home that’s already finished. You just sign some checks and fill out some paperwork. But choosing to build a new home is a whole other ballgame. Haute Residence’s Naples expert Dante DiSabato of William Raveis Real Estate and Limitless Development has the knowledge to take the process from daunting to doable.

 When clients want to build new, what are the first steps you suggest they consider?

When a customer wants to build new, the first step I suggest is to pick out their location they want the most. Then, if we can find an opportunity to build in that location with the correct exposure, it is a win. I like to make sure they have the best team involved, such as the architect, builder, engineer, landscape architect, and interior designer, to give them the best service we can offer.

Is location the most important part or is the home design #1?

YES, Location, Location, Location. It will instill long-term value.

Is building on a empty lot a much easier task for a client to mentally deal with or do many understand the concept of buying a teardown?

I think that most of my buyers are savvy enough to envision a home on the empty lot anda lot that is a tear down. It does help when an architect can virtually create a rendering to show them exactly what it will look like. I think it also depends on the view that the property might have.

Being a developer yourself, are you better equipped to help a client through the process than a traditional realtor? If so, how?

As a developer I learn new things on a daily basis. (Limitless Development is a boutique concierge real estate company that is at the top of a very short list of quality developers capable of satisfying one of America’s most demanding — and hottest — markets: Naples, Fla.) I feel that it helps me in the world of general real estate a lot due to the fact that I have a distinctive eye on quality and product that most do not. It takes a lot more work, but feel that it helps my customers more because I can assist them in the process of building. We also offer a “management” style of business where we will manage a project for someone while they are not in town. This gives people a great piece of mind.

Does the Naples market embrace new construction or do you find most clients want to move right in?

The Naples market does embrace new construction. Everyone wants the newest and greatest thing. However, there are people that do take the timeless properties and upgrade them as well. Again, you cannot beat certain locations and markets. Moving in is a great thing, however most of our customers are willing to wait a little if it’s the perfect fit.

Are there tricks or tips to buying a spec home? If so, what are they? 

There are really no tricks or tips other than to make sure it is a in a good location with good exposure. You can’t pick up and move your “perfect” home. I would make sure that the builder is reputable and there is a warranty on the property. This will help protect the purchaser for a little bit. I also tell my customers that they just saved 18 to 24 months of arguing and pain of traveling to get down to build a house as it’s already done!

Photos courtesy of Dante DiSabato 

The post Building Trust: The Steps You Should Take To Build Your Dream Home appeared first on Haute Residence by Haute Living.

Photos courtesy of LUXE Christie's International 

LUXE Christie’s International Real Estate is a boutique, full-service agency serving clients from around the world. As Oregon and Washington’s exclusive Christie’s affiliate office, LUXE has been a market leader for five consecutive years for exclusive residential and commercial properties, vineyard/wineries and equestrian facilities. With the growing number of clients interested in vineyards and winery properties, LUXE Christie’s happily shares some of their thoughts on purchasing a vineyard and why Oregon is a hot spot to buy.

What should you look for when searching for a vineyard and winery property?

Doing your homework is very important. A vineyard or winery is not only a huge financial investment, it’s also a lifestyle choice. First, while not essential, its a good idea to look for property that has already been planted with wine grapes or has had it’s soil tested to ensure the variety of grapes you are interested in growing will thrive there. A vineyard is a farm and a winery is a business so having experience in those two areas or being willing to dive in and learn are key to success.

Having a real estate broker with knowledge of the wine industry and experience in both the buying and selling sides of wine properties is also imperative. LUXE Christie’s International Real Estate is the market leader in Oregon and Washington for vineyard and winery properties. We love working with domestic and international buyers who have the desire to live the wine country lifestyle, as well as sellers who have incredible wine properties ready for the market.

What makes Oregon’s Wine Country special?

Oregon, in general, is a beautiful place to live. The diversity of climates and landscapes - from ocean beaches to mountain ranges to the high desert - give those looking to call Oregon home so many options. If you are interested in buying a vineyard or winery, Oregon has incredible real estate opportunities all across the state.

Oregon’s wine growing regions are now more than 50 years old and have drawn international acclaim for the vast varieties and quality of wine produced. Having said that, the vibrant Oregon winemaking community has retained its handcrafted, artisan approach to agriculture and viticulture. Even though Oregon is the third largest wine grape-producing state, most wineries, in fact, have remained small and produce fewer than 5,000 cases a year.

The two main growing regions in Oregon are the Willamette Valley and Southern Oregon. The Willamette Valley is known for its “salt of the earth” people, exceptional Pinot Noir growing conditions (some say the best place to grow Pinot Noir grapes outside of France), and its many farm-to-fork dining experiences. Southern Oregon has a seven-month growing season similar to Europe which creates an ideal place to grow wine grapes, grows more than 70 different varietals in its various microclimates, and has a striking number of family-owned and operated wineries.

Red Lily Vineyards, located in scenic Jacksonville in the Applegate AVA of Southern Oregon, is a perfect example of a charming Oregon winery. Situated on 254 acres, Red Lily is a terroir-driven, small cuvée winery that not only has a charming, 1,885 sq. ft tasting room, but also has a historic pole barn used as event space, private, custom-designed 4,470 sq. ft residence, a 1,800 sq. ft. guest house, and additional barn and shop buildings. The property is an amazing find that sits among rolling hills between a meandering river and Pacific Coast Range mountains - the quintessential Oregon vineyard landscape.

With more than 650 wineries in these two Oregon wine regions alone, successfully acquiring a vineyard, winery or agriculture property takes an experienced real estate firm. As Oregon and Washington’s exclusive Christie’s affiliate office, LUXE has the unique ability to offer our clients the same expert service that Christie’s art clients have trusted for more than 250 years. Christie’s legendary service coupled with our vast knowledge and experience buying and selling Oregon and Washington wine country properties makes us the market leader. We’re ready to help you make your winemaking dream a reality!

The post LUXE Christie’s International Shares Tips On How To Purchase The Right Vineyard appeared first on Haute Residence by Haute Living.

With Hawaii being named one of the top places to visit in 2019 by CNN Travel and Business Insider, this tourist retreat has continued to be a sought-after tropical destination and the surge in resort home sales has skyrocketed. Whether home buyers are seeking the tropical oasis to expand their families, or are buying properties for  multigenerational living, Hawaii has proven to be a hotspot for tropical living.

Aside from an ocean view, homebuyers are seeking architecturally sleek styled homes as opposed to traditional estates seen in that past.

“Luxury home buyers are looking for something more modern in look and feel and you don’t get much of that in Hawaii, at least not in Maui. You get a more of traditional, Hawaiian contemporary homes. However, this house actually has the layout and design of a modern home. But was completed as a contemporary home in terms of all the finishes and details. That’s what we are seeing more of, the desire to have the modern feel to a home,” Mark Waite said.

Between the scenic ocean views, stable environment, and year-round temperate climate, homebuyers are faced with exceedingly positive expectations. But there is one determining factor which has tourist flocking to purchase homes in Hawaii: property taxes. “Our property taxes are really low. But, if someone is spending $5-10 million on a house, they are probably not going to be overly worried about property taxes," Waite said.

With a surge in resort home sales, new modern styled homes, and the ideal tropical destination, Hawaii has continued to prove its unprecedented appeal to tourist and future homebuyers.

Photos courtesy of Mark Waite 

The post Hawaii Realtor Mark Waite Discuss What Homebuyers Are Seeking On The Island appeared first on Haute Residence by Haute Living.

The Riviera real estate market in 2018 can best be described as a continuation of strong demand and a healthy number of  sales combined with a sustained cap on price appreciation.  The similarities in the level of sales over last 3 years are almost uncanny, as the total number of homes sold in all three years have been in the 100 +/- range.  However, the median price continues to fall short of its peak in 2016 of $2,025,000 – it dropped 5% in 2017 and an additional 2% last year finishing at a still robust $1,880,000.

Upon a more detailed analysis of the various price categories, it is apparent that the only significant difference between 2017 and 2018 is that there were fewer high-end sales.  The lower and mid-range segments remained very healthy with 6 fewer sales in the $1 to $2 million category and 6 more sales in the $2 to $3 million range.  There were 7 sales between $3 to $4 million, which was identical to 2017, however only 1 sale above $4 million compared to 5 the previous year.  Having represented properties in every segment of the market in 2018 I can attest to the fact that there is a good balance in the marketplace currently.  For the most part, buyers seem to be very well educated and are not chasing overpriced listings.  Conversely, they are aggressively pursuing properties that are priced to sell in all segments of the market.  Two of my listings that received the most attention last year were a lower Riviera fixer that got bid up from a list price of $1,050,000 to a selling price of $1,250,000 and a spectacular home at the top of the Riviera that was one of the highest sales of the year at $3,450,000.

I have high expectations for the Riviera market in 2019.  Due to the slight shift that we have experienced from a market favoring sellers to one that is more balanced, there will be some pressure on sellers to price their properties competitively.  This will result in a further strengthening in the overall number of sales along with a more dynamic market in which homes are selling relatively quickly.  Additionally, there are some early signs that the high-end will return to the levels seen a few years ago.  As of this writing in the first week of February there has already been 3 closed sales over $3,000,000 and there are 3 listings currently under contract between $3,000,000 and $5,000,000.  Finally, I expect that we will experience a bit more demand on the Riviera this year as those affected by the 2018 Montecito mudslides make a final decision on whether to rebuild or relocate to another desirable location.

Photos courtesy of Chris Palme 

The post Chris Palme’s 2018 Year In Review: Riviera Real Estate Report appeared first on Haute Residence by Haute Living.

What are the current real estate market trends and conditions in Edgewater?

Inventory is high. The completion of the Paraiso District puts the cherry on top in terms of over-saturating the luxury condo market in the area. It's a great time for buyers to get a deal.

At the time of writing this article, there are 939 active listings in the area ranging from $125k - $9.9M. Of the 939 active, 161 of those are priced over $1 million. Only 26 units are priced over $2M.

The problem with having 135 active units between one and two million dollars, especially in Edgewater, is that there is little to no differentiation between product types. In some cases, the products are indistinguishable from each other, which gives buyers the ability to lowball on offers and move on to the next if not accepted. There is no telling when the conditions in Edgewater’s luxury condo market will get better for sellers. If we were a buyers looking in that market, we would capitalize on this opportunity.

Overall, a significant slowdown is already upon us in this market, but will probably get worse as more luxury projects finish up in the coming years. As inventory increases, and prices continue to stay the same or inflate, the market receptiveness will slow.

What are the top 3 things luxury homebuyers look for?

1. A deal. If someone can afford a luxury home, chances are they have been smart with their money thus far and aren’t looking to blow it on an impulse decision. They want something that they can call home, but also feel confident that they got in at a good price. Eventually, the buyer would like to see a proper return. Buyers have options, especially in Miami which is overrun with new luxury developments. If you are a builder or broker, options are your enemy. In today’s Miami lux market, prices are inflated and inventory is increasing. For the homebuyer, go shopping for a deal.
2. A turnkey product. People willing to spend millions on a home expect nothing but the best. Those looking for second, third, or fourth homes don’t want a project or problems after they move in. That might seem obvious, but even in some new developments, there are problems that arise which turn off potential buyers.
3. Location. In any real estate criteria, location is there. People want to be close to the action, especially in a city like Miami, but not too close. That is an important distinction. Traffic here is notoriously bad, and the living experience in the denser parts of Miami take a hefty toll from it. Newer areas like Edgewater see less traffic, but still are close to the best Miami has to offer.

What do you recommend to homebuyers looking to invest in Edgewater as we head into 2019?

Again, we would advise homebuyers to take advantage of slow-moving inventory in new and relatively new developments including: The Paraiso District buildings, Biscayne Beach condo, and Icon Bay condo. It has become increasingly difficult to liquidate assets in Edgewater. Given the circumstances, it is a perfect storm to leverage a great deal with incredibly motivated sellers.

Photos courtesy of Jason Belisario and Ben Frisbee

The post Top 3 Things Luxury Homebuyers Are Looking For In Today’s Market appeared first on Haute Residence by Haute Living.

As a resident of Bergen County for most of my life, and having been born in the Bronx the first advantage of living here has been the close proximity to New York City. Every cultural advantage is right over the bridge: museums, theaters, restaurants, and shopping.  There is so much to do there is NEVER enough time to do it ALL!

All of this has spilled over to us in Bergen County; some of the largest shopping malls in the country; excellent restaurants (many times with New York chefs), stadiums for sports and entertainment, plus the beauty of the rolling hills, streams, parks and recreation, and so much more!

The opportunities for Real Estate are unlimited.  It ranges from small condos to buy or rent to homes in all price ranges and architectural designs in all sizes and shapes from historic antique gems to chateaus and mansions.

The schools are very highly rated both public and private and many times people will move out of Manhattan when their children become school age.  It is certainly one of the top reasons to move here as well as the commute both by car and public transportation to the city.

For the health enthusiast there are Fitness Clubs everywhere and county parks and trails for walkers, joggers, and bike rides which stretch from one end of the county to the other.

Bergen County offers something for everyone and is one of the most populated counties in the United States and for good reason.

Photos courtesy of Vicki Gaily

The post Vicki Gaily Shares What She Loves Most About Bergen County appeared first on Haute Residence by Haute Living.

The reality of the current market is that luxury properties are worth what buyers are willing to pay for them. It is a market where the appraisal is no longer a starting point to define a realistic price for the property, where a good location is not so crucial to determine its value, where the sentimental value that the owner has for the property is no longer relevant for the future buyer, nor does it matter as much that the price has been significantly lowered. It is a market where the buyer will always want to get the biggest discount and, when presented with a very low offer, the seller will have to ask himself if he will take the opportunity or leave it. To take it will make it possible to move on to the next stage; to leave it could mean the property continues on the market more months or even years without any certainty of obtaining a better price.  Sadly, our experience in some cases has been that buyers who have rejected an offer end up selling for less a few years later.

Because the reality of the high-end real estate market in Costa Rica is that we cannot estimate how long will it take for a property to sell, we cannot estimate with certainty what is the best price to attract a potential buyer and whether sellers should wait or continue offering the property. In short, it is a market of uncertainty. To give assurance in this market is to guide the owner to erroneous conclusions.

How can this situation be addressed when a buyer has a serious motivation to sell in the shortest possible time? The main way to do this is to provide credibility. Credibility is defined as the feeling of trust and respect that the seller inspires to a prospective buyer.

By providing credibility the owner is telling the potential buyer that the price is right, that the property has not been overpriced due to sentimental value or for any other reason, that the it is priced to sell and not to be parked indefinitely. The owner conveys to the buyer a sense of respect and trust. Respect is manifested by defining a price that is in line with reality. The buyer perceives confidence when a seller presents an excellent quality property at a price that is in line with demand.

In this market, overpriced properties are considered an insult to the intelligence of the buyer. The high-level buyer is an educated buyer who carefully studies supply and demand; these buyers easily identify the properties that are overpriced, compared to those that are priced in line with current reality.

Those who bought properties or built their luxury homes on the highest point of the market, just before the housing crisis, quite possibly will never recover the replacement value on their investment, and may not even hope to get a return on their investment. Unfortunately, these are properties that are now classified as “properties highly overpriced,” because their current value does not correspond to the present trends of the market.

So the task for homeowners who want to sell their property this year or next year is to build credibility around their intention to sell, to study the comparable properties in the area, preferably not similar properties for sale, but properties that have been sold and their selling price.  Since in Costa Rica there isn’t a data base of sold properties, the task of getting the final sale prices becomes a Herculean effort. If sellers do not have a direct and trusting relationship with someone who has managed to sell their property, they will often end up getting information second-hand from acquaintances or others who may be aware of the sale price, in order to obtain reliable data.

Credibility is built when developing a relationship of trust and respect with everyone involved in the process of selling the property, including potential buyers and the real estate broker. The property owner has to see the process as a team effort, where all participants have the same goal and in one way or another, will benefit when the process is concluded.

Credibility is also built when selecting a successful, trustworthy, and experienced real estate professional, because in the high-end market, the potential buyer will not feel comfortable putting financial information, personal information, and the whole negotiation process in the hands of someone who does not have the experience to take responsibility of the process in a safe and reliable way.

Finally, credibility is built by being trustworthy and authentic. A trustworthy owner will act properly throughout the sales process and will generate confidence in the buyer to disclose all information necessary so that the sales process is safe and transparent. The seller will not commit to what he cannot deliver and will do whatever he can to comply with everything that has been agreed during the negotiation process. The seller will be authentic by fulfilling his word and will act at all times with the best intentions.

At the same time, the professional luxury real estate specialist will have to commit to the same principles of credibility, authenticity, integrity, respect, and trust described above, because these values will determine that the whole sales process is carried out in a successful and transparent way, for the benefit of all those involved.

Casa Alta Vista is a good example of a property very well priced and below market value

Photos courtesy of Costa Rica Luxury 

The post Yalile Alpizar Discusses Repricing Vs Overpricing In Costa Rica appeared first on Haute Residence by Haute Living.

Photos courtesy of Amy McCafferty

Amy McCafferty, who ranks in the top 100 realtors in the United States, has made national news with her success in real estate. Her dedication, experience and expertise in local markets have allowed her to attain an impressionable status within the real estate market. Haute Residence sat down with Amy to discuss the market trends in Los Gatos community and the push for vertical living.

What are the current real estate market trends and conditions in Las Gatos? 

Los Gatos is a beautiful place to call home and the word is out!  Properties in Los Gatos are sold on average within 2 to 3 weeks depending on the price range. While the overall real estate market did see a little slow down in the last half of 2018, as Leslie Appleton Young, Chief Economist for the California Association of Realtors put it, “The market went from GREAT to GOOD”!

What are the top 3 things luxury homebuyers look for? 

Luxury buyers in the Los Gatos area make up a big part of our market.  These buyers may be looking to move away from a big city lifestyle such as living in San Francisco or relocating because of a new position at one of our many large Silicon Valley tech companies. The majority of our luxury home buyers are looking for close proximity to restaurants and dining.  Their home should have a great outdoor space and entertaining areas, as well as specialty rooms for entertainment, hobbies, and a dedicated home office. They love Los Gatos for the small town atmosphere set at the base of the Santa Cruz mountains.  Our luxury home buyer is looking to have it all!  They want a comfortable home with all the amenities, close proximity to good shopping and dining as well as an easy commute location.

Where do you foresee the luxury real estate market heading in the new year? 

I believe 2019 will be a great year for Luxury Real Estate in the Los Gatos area.  Our job market is excellent. Currently, there are many requisitions for executive positions in the Silicon Valley companies which promotes the growth in our upper-end real estate market.

Is there a push for vertical living in Las Gatos or is it still horizontal based?

It is important to the town of Los Gatos to maintain the small town feel with luxury amenities.  There are some condominiums and townhomes but they only make up about 10% of the available housing and the town does limit the approval of such projects.

The post Amy McCafferty Dishes On The Push For Vertical Living In Los Gatos appeared first on Haute Residence by Haute Living.

Kohanaiki is a private club community located on the Kona coast of the Big Island consuming nearly 450 acres of land with a shoreline displaying Hawaii’s finest surfing beaches, and best sport fishing ground. While Kohanaiki represents an evolving private club experience focused around luxury and sustainability, it is renown for its world-class member amenities including a Rees Jones-designed championship golf course and its 67,000 square foot Clubhouse that houses a bowling alley, movie theater, wine tasting room, James Bondish-card & cigar lounge and private wine lockers. In addition, Kohanaiki members enjoy a Sports Complex complete with tennis, basketball and a playground for children, the Beach Restaurant and Beach Bar.

But, one of the community’s most popular amenities is its on-site brewery located in the Clubhouse. Haute Residence sat down with Garratt Fitts, Assistant Food and Beverage Manager and Brew Master, to discuss the inspiration behind the growing brewing attraction and what is to come in the future for Kohanaiki.

Garratt Fitts had his first brush-in with brew while visiting a high school friend who was making homebrew in his garage. Although, this brew wasn’t very tasty, it left a lasting impression on him which eventually spiraled into a successful career. Fitts enjoyed the idea of creating something from scratch that people could enjoy together as a community, and brewing provided that opportunity.

While working at Kohanaiki as a server Fitts became well-known for his brewing skills and eventually was offered the opportunity to brew for the club. Initially, Fitts was brewing 10 gallons of beer per batch, but because of the popularity, these gallons, which each takes a month to make, were emptied within a week. To satisfy the demands of the club, management dedicated space in the Clubhouse to an on-site brewery, which would allow the homebrew system to grow from 10 gallons per batch to 120 gallons per batch and a state-of-the-art production facility with steam powered heat, and glycol chilled fermentation vessels.

Since then Fitts has developed a flagship lineup of beers which are available year-round. Drawing inspiration from classic styles of beer, Fitts puts his own spin on them to give his brew a different style. He wants to open people’s perceptions to the broad spectrum of the various flavors of beer. “Unfortunately, here in the U.S., most people associate beer with some mass produced, fizzy, alcoholic water. Not much depth in the leading brands here in the U.S. They are designed for mass consumption, not for any discerningpalate,” says Fitts. Some of the most popular brews created by Fitts include the Kona Coffee Porter and seasonal beers such as “Oktoberfest” which is brewed with Japanese Kabocha Pumpkin and Butternut Squash, served in a glass that is rimmed with lemon juice, cinnamon, brown sugar and graham cracker crumbs.

Today, the brewery has an attached tasting room, where complimentary tastings and appetizers are offered to members twice a week. In the future, Fitts plans on hosting club sponsored events like “Pub Trivia Night,” and “Beer Dinners” to highlight the abilities of beers to pair with food. The Tasting Room will also be available for Kohanaiki members to reserve for private dining.

For more information on Kohanaiki please visit Kohanaiki.com 

The post Kohanaiki Private Club Brews Up The Most Exclusive Amenities appeared first on Haute Residence by Haute Living.

Dante DiSabato's disciplined and competitive spirit is directly aligned with the overall needs and satisfaction of his clients. Throughout his career, DiSabato has sold over $250 million in luxury real estate and has been named "Top Producer" in handling transactions in Old Naples. DiSabato sat down with Haute Residence to discuss the top three characteristics luxury homebuyers are seeking, and where he foresees the real estate market heading this year.

What are the current real estate market trends and conditions in your market? 

Our Current market is strong going into December. Closed sales of homes in the Naples market grew 20 percent to 674 sales in October 2018 compared to 561 sales in October 2017. The last few months have seen not only a return to a steady housing market for Naples since Hurricane Irma but also an increased buyer appetite for homes in Collier County (where Naples is located). The high-end market continues to be steady with decreased days on market as people return for the season.

What are the top 3 things luxury homebuyers look for? 

Location. Lifestyle. Quality. The first seems cliché, but obviously, you want to be in the best location possible. Lifestyle is closely connected to location because you want to live the life you want: maybe you want to be close enough to walk to restaurants and shopping or have a spectacular view of the water or complete privacy. Everyone is different. And it should go without saying that at these price points homebuyers know and expect top-level workmanship and materials.

Where do you foresee the real estate market heading in the new year? 

I am very excited about the new year. The season is upon us and traffic is beginning to become very steady earlier than normal. This is a good sign that we will have a strong season early pushing through to Easter. I have a wide range of listings from 400K- 12 Million and have activity on all of them every week.

Is there a push for vertical living in your market or is it still horizontal based? 

There is a little bit of a push for vertical living, but it all depends on the location. Kalea Bay and Naples Square are two examples with very heavy traffic and sales over this past summer. There is not much more ground for people to go Horizontal on so adding a few floors helps. This increases views and lifestyles that Naples hasn’t had new product in for a while.

What do you recommend to homebuyers looking to invest in your market? 

I recommend they hire a good real estate agent to make sure that they make the right decision to fit their lifestyle. Always think resale value, as the average owner moves every 3-5 years down here once they understand where they really want to be. They are not making any more sand so keep that in mind when thinking location!

The post Dante DiSabato Discusses The Top Three Needs Of Perspective Homebuyers appeared first on Haute Residence by Haute Living.

Successful Dubai realtor Andrew Cummings prides himself on being a trusted advisor and partner to his clients. His skilled approach to marketing properties, negotiating and market expertise have awarded him some of the most exclusive properties in Dubai. Cummings sat down with Haute Residence to discuss Dubai's luxury real estate market for the new year.

What are the current real estate market trends and conditions in your market?

The Dubai Real Estate Market generally is still proving to be uncertain at the moment. Rental values continue to decline across most sectors and this has a knock on effect with sales values. As such it is definitively a buyers' market with some great deals around at the moment. Despite the soft market, we continue to see strong activity in the luxury end with nearly $20m of business written last month alone.

What are the top 3 things luxury homebuyers look for? 

Quality over quantity - We are finding that buyers are looking for high-end finishing and turnkey properties rather than overly large properties.

Location - still the same adage: Location Location Location. Many buyers are currently waiting for the right property to come on the market in their chosen area, which is helping to keep demand strong for prime locations.

Services - Whether it's an apartment or a villa, the quality of services provided by the community or building can dictate a buyer's choice of purchase.

Where do you foresee the real estate market heading in the new year?

Property markets worldwide are cyclical with highs and lows. The Dubai property market is at a low ebb at the moment but it will change. Gone are the days of quick returns, investors and owner occupiers need to take a 5-year view on purchases which will put them in a good future position.

Is there a push for vertical living in your market or is it still horizontal based?

Dubai has long been home to mega skyscrapers including the tallest building in the world, the Burj Khalifa. That said, demand for low-rise remains strong and a number of new communities are coming online over the next 18 months to help meet this demand.

What do you recommend to homebuyers looking to invest in your market?

Take the advice of a professional agent who has experience in the area you are looking at. LuxuryProperty.com only employ experienced brokers who understand the market and can offer advice on all aspects. By building strong relationships you are more likely to get the very best deal.

The post 5 Questions With Andrew Cummings appeared first on Haute Residence by Haute Living.

Santa Fe’s Grande Dame, Casa Alegre, sits atop the foothills of the Sangre de Cristo Mountains with 360 degree views of the surrounding Rio Grande Valley and distant mountain ranges. Built in the 1930’s by the soon to be Governor of New Mexico, John Dempsey, this Pueblo Revival Adobe stunner was later completely renovated with a museum curator’s eye by current owners Robert and Miryam Knutson. It’s history of being the host of festive and lavish Opera parties during Opera season and throughout the years has garnered it the affectionate title of “The Opera House.” This historic home will now be auctioned by Platinum Luxury Auctions on January 12th in Denver, Colorado and represented by Stephanie Duran, of Barker Realty, a Christie’s affiliate, in Santa Fe.

This magnificent estate, an 8300 square foot adobe masterpiece, is surrounded by 11 Acres of lush, terraced gardens and stone lined walking paths. The main house is sited to overlook the inviting pool and to take advantage of the breathtaking New Mexico sunsets. The property has a park-like feel as the numerous bark walking trails wind around the property and lead you to a variety of private sitting and view areas. The Classic Clay Tennis Court has a viewing platform and has the feel of an exclusive private resort. One could while away a lazy Sunday afternoon amongst the towering Aspens, colorful flowers with vines spilling over hand stacked stone walls and planters. Only ten minutes to downtown, and yet it is a world unto itself...so private and tranquil.

One cannot say enough about the attention to detail and care with which this property was built and renovated. Casa Alegre, with her thick adobe walls, curved lines, wooden vigas, carved corbels, latilla ceilings, wood flooring, kiva fireplaces and nichos has all of the stamps of this Classic style. When your first enter Casa Alegre you are welcomed into a charming foyer where your eyes are immediately drawn to the curving lines of the staircase which leads up to the two gorgeous Master Suites and three private balconies. One is sure to never miss a sunset from the second floor.

Downstairs the Chef’s kitchen was designed to be functional for both everyday living and for entertaining with an amazing butler’s pantry and access to a casual dining room. Just down the hall you will find the more formal dining room and the cozy library. Pass through the foyer again and the home opens up into an exquisite formal living room with high ceilings, fireplace and deep window seats for reading and for enjoying the natural light streaming in through the large windows or doors opening up onto the ample back portal. Down a few steps from the formal living room you come to a more cozy, casual living space with a built in bar and access again to beautiful patios. An elegant, window-lined corridor leads you to the original Dempsey bedrooms with rich carved wood and history. The downstairs floor ends with a wine room and private guest wing with two bedrooms, a sitting area, bathrooms and a small kitchen. Every direction you turn you are overwhelmed by the history and the beauty of Casa Alegre.

The property also boasts three completely individual and inviting guest houses. Each are aptly named for their own unique qualities - Casita Bonita, Casita Chiquita and Casa Dulce. Each are fully contained with a functional kitchen, living room, bedrooms and baths and add an additional 3900 square feet of living space, bringing the total square footage of the property to over 12,000. All of the guest houses are surrounded by gardens and outdoor living spaces to enjoy. There is also a six car garage with an attached office for staff or storage just off of the welcoming circle driveway.

196 Circle Drive is an experience. A feeling of serenity, of history, and of beauty that surrounds you. This is a property unmatched in craftsmanship and in authenticity in Santa Fe. A not to be missed opportunity to own a rare jewel. Previews are currently being held daily between 11-4 until the day of the auction.

Please contact Ms.Duran directly for more information. (505) 204-2491

Photos courtesy of Stephanie Duran 

The post A Brilliant Piece Of Santa Fe History For Auction appeared first on Haute Residence by Haute Living.

What are the current real estate market trends and conditions in Hawaii?

Great organic modern and contemporary architecture, owners are seeking out world-class architects, warner walker, Marmol Radziner, Thomas Kundig and Ando to name a few.

What are the top 3 things luxury homebuyers look for?

Great location, great finishes, great functional and beautiful design, turn-key is always great.

Where do you foresee the luxury real estate market heading in the new year?

Smart buyers will always choose Hawaii for its climate, beauty and save investment. smaller homes are well received, great amenities as well.

Is there a push for vertical living in Hawaii or is it still horizontal based?

Both but for different buyers and their needs.

What do you recommend to homebuyers looking to invest in Hawaii as we head into 2019?

We may see a softening in pricing but the triple AAA properties will always appreciate, it's a supply and demand thing and there is only so much great stuff.

The post 5 Questions With Top Agent Neal Norman appeared first on Haute Residence by Haute Living.

Danielle

We activate compelling creative and financial resources thereby enhancing our ability to get listings seen and sold and to provide you with a higher form of real estate.

 Committed to open and honest communication with the buyer and seller, a powerful marketing focus,  fiercely invested in facilitating the transaction and an enlightened concierge-style that is uniquely responsive to the North County San Diego lifestyle.

We are a guild, an association of like-minded professionals in alignment with a common goal to provide exceptional service and exclusive representation. We are intent on helping one another to experience excellence in their craft.

Visit our website at www.RanchoSantaFeHomes4Sale.com or www.DanielleShort.com and contact us for the latest updates on North County San Diego Real Estate.

The post Danielle Short & Associate – A Higher Form of Real Estate appeared first on Haute Residence by Haute Living.

Photo Courtesy of Robert Arthur.

Haute Residence welcomes acclaimed real estate agent Robert Arthur to its invitation-only real estate network. As a Haute Residence partner, he exclusively represents the high-end real estate market of Harbour Island in The Bahamas. Arthur is a consistent top producer for Coldwell Banker Bahamas and places in the top 53 of 92,000 Coldwell Banker agents in the world. Haute Residence caught up with the internationally-ranked top broker for an inside guide to the Harbour Island market.

What makes your market Haute? 

The fact that the Island is so difficult to get to and most of our guests arrives via private jets or yachts adds to the Haute vibe.

The residential crowd is made up of...

A mix of local Bahamians and affluent individuals looking for a discreet, laid-back island lifestyle. 

The community vibe is...

Island Chic, but not pretentious. Billionaires mingle with School kids in the bakery or deli waiting for breakfast or donuts. Flip flops or bare feet and shorts are the style and no one cares if you're a celebrity or yard worker.

The lifestyle offered is...

an elegantly casual laid back “Briland” life…#1 its safe. No big developments, chain hotels, or cruise ships, so the crowd is a bit more appreciative of safely enjoying the natural feel of the Island.

The most popular building type you’ll find is...

classic Bahamian architecture, we have many well maintained and restored historic homes…Some would call it British Colonial design. We have many cottage style homes in town accented with bright colored shutters and all the homes have tons of character.

The average home price is...

That's hard to pin down due to the small size of the Island and the range of values. On the Beach Homes are 4 to 19 Million. The North end of the Island is more private and more expensive. Beachfront is the most expensive (5 to 19 M). Next is the Harbour (3- 6M). then the Village (2 to 4 M.) 

The area's greatest highlight on our island is...

the Pink Sands Beach where the sand is literally pink. There’s no other beach in the world like it, it’s magical. Also to simply mingle with the eclectic mix of both locals and residents from around the world is pretty cool.

The area's best driving-distance getaways are...

everywhere on the island is a short golf cart ride away. Pink Sands Beach is the best spot on the island and we have many nearby reefs for diving, excellent boating & fishing opportunities, the option to "island hop" to nearby islands and many restaurants and small boutiques for shopping. Pink Sands beach is one of the most beautiful and well-known beaches in the world. Remember you are in the Islands, so a short drive may include a boat ride, but For a day drive, one could check out the sights on Eleuthera. Like the Glass window bridge. Jump into Saffire hole, a cool cliff diving spot on Eleuthera (it's an Island secret), as well as Preachers Cave. There are the world famous swimming pigs which are a short boat ride away. 

The best spot to dine fancy is...

The Dunmore overlooking the Pink Sands beach.Or the Rock House on the Harbourside. the Landing is another option that's fabulous overlooking the bay st.

The best spot to find entertainment is...

Gusty’s is an all-time favorite and has been the go-to spot for years. Daddy Ds is another popular night spot. 

The best spot to go shopping is...

there are so many wonderful boutiques in Harbour Island that it's hard to choose the best one. For resort clothing such as India Hicks’ boutique The Sugar Mill, Dake’s Shop, The Blue Rooster as well as Ms. Mays.

The best place to tee off is -

no golf on the island….A morning flight to Baha Mar, and back before sundown!

For more information on this property, please contact Robert Arthur at 242-601-6500 or robert@cbbahamas.com

The post An Expert’s Inside Guide On The Bahamas Luxury Real Estate Market appeared first on Haute Residence by Haute Living.

Haute Residence member Matthew Paul Brown of Reside Realty.

From the prestigious properties of Myers Park to the quaint bungalows of Dilworth, Matthew Paul Brown is one of Charlotte, North Carolina's most renowned and respected realtors. Matthew is trusted and admired by his peers and clients and is committed to achieving top dollar for them. His record sales in the area are a testament to Matthew's unique strategies for presenting, pricing and the proper positioning of a property. Matthew's commitment to the interest of his clients is a testament to of his leadership skills in the real estate industry. Haute Residence caught up with the real estate tycoon for an insider look at Reside Realty's key to success.

Charlotte is a city with thousands of real estate agents, what is your secret for being a top producing agent?

Most importantly, I treat everyone regardless of price the same. I represent multi-million dollar estates to first-time homebuyers. It is all about relationships. I learned at an early age everyone deserves extraordinary service.

You work with high profile clients -- how have you achieved this level of success within such a niche market?

First of all, I have a deep respect for maintaining my client's privacy. The majority of my business comes from referrals. When you exceed a client's expectation, referrals come naturally. When you produce successful results for clients they want to help you to continue to be successful. I am sure you have become an advocate for someone who provided extraordinary service. My business is built on relationships and they do not end at the closing table.

Why should someone list their home with Matthew Paul Brown and Reside Realty, LLC?

I spare no expense when trusted to sell someone's most expensive investment and you cannot set limits on what it takes to achieve that goal. My team of Broker Associates, marketing coordinators, photographers, videographers, lenders and attorneys raise the bar for selling luxury real estate.

Where are your Reside Realty offices located?

I am excited to announce that Reside Realty, LLC has expanded by adding its 3rd office in Davidson, North Carolina serving the Lake Norman area. 

Our South Carolina Coastal office is situated at 11000 Ocean Highway Pawleys Island, South Carolina. Our corporate office is located at 6000 Fairview Road, Suite 1200, Charlotte, North Carolina 28210.

If you are considering the sale or purchase of a home, please call Matthew Paul Brown at 704-650-1928.

The post An Insider Look At One of Charlotte’s Most Prominent Power Brokers appeared first on Haute Residence by Haute Living.

Can you tell us a bit about the Michigan luxury market post-2012 crash to now?

DT: Its been probably increasing at least 7% year over year. Typically during the recession, there were about 80,000 houses on our MLS at any given time and that number has just been decreasing as inventory is tightening up. Even at the begging of this year or last year, we had about 17,00 houses on the market and it has gone down to 11 or 12,000. We are seeing a lot of rising prices and it’s both good and bad because it’s tough to get people to move if there is nothing to buy. And the cost of building has been so expensive that some people are staying put but for first-time home buyers in the lower 400-500,000 price range, that area of the market is on fire.  My luxury listings -- some of it has moved, some are stagnant but that just comes in any market. Trying to purchase the right home for a million dollars or more is always going to be really personal.

What is the luxury homebuyer looking for when finding their dream home?

DT: I’ve been fortunate that I have had a lot of really unique properties for sale including very specific custom homes and architecturally special properties. We have our main core market area like Oakland County and on the outskirts, you’ll still find these pockets of very luxury homes in areas and homes that have a lot of property. I’ve been working in these equestrian communities and we have been able to capture a lot of business working in these fringe areas and in these equestrian communities and some of these further out estates.  So its just as far as what people are looking for I think new is pretty attractive always. Cool smart homes eco-friendly things like that.

 

View this post on Instagram

 

Coming soon to a city near you??

A post shared by Dylan Tent (@helirealtor) on Oct 26, 2018 at 7:45am PDT

Do you see a push in your market for vertical living or is that still not something your market is interested in?

DT: In downtown Detroit, there are a lot more new developments that you couldn't even comprehend if you haven’t been here. The entire downtown Detroit has exploded, Midtown Detroit is on fire right now. The price per square foot has quadrupled or even more in some areas. The same areas that houses were getting burned down in 2011 and 2012. Now, it's actually quite cool how much the market has come back. We are building the tallest building in Detroit in the site of the old Hudson building and there’s going to be leasing, condos for sale, lots of really great stuff happening there.

Do you foresee a dip in the market in the coming months?

DT: In our market, there’s more of a shortage of product as far as in the middle price range.  Stuff that is $200-500,000, there’s not a lot of. And quality product its even less because people have been moving as much because there’s not as much for them to move into. But there’s definitely demand with the buyers, a whole new buyers group that can purchase now. I think that the biggest thing that is going to be affected is the larger priced homes in the suburbs and when I say larger I don’t mean over a million -- I mean $700,000 to a million. A lot of the new buyers haven’t reached an income level to purchase some of these larger homes that have been built and a lot of these almost semi-mature neighbors haven’t gone through a cycle of remodeling yet.  You have these homes that are still very nice but they feel dated to the next pool of buyers and they are expensive.  And that’s what I see in certain markets, the suburbs of Detroit for sure.

 

View this post on Instagram

 

6651 Clintonville Rd Clarkston, MI 48348 4 ? | 3.5 ?? | 4 ? 7750 SQFT ? This professionally designed commercial grade architectural masterpiece can be yours for only $1,499,000 for more info on this amazing residence ?248.990.0356 ? @signaturesir ? @cookeproductions ? @hauteresidence

A post shared by Dylan Tent (@helirealtor) on Sep 12, 2018 at 6:36am PDT

Millennials have affected so many different industries. With the new pool of buyers, do you think [millenials] have affected the real estate industry?

DT: I think that people are staying closer to their cool towns and communities. Walk to town is definitely something that people really like.  So that’s why we are seeing people move to somewhere that has a little bit of a downtown feel, that you can either hop into an Uber or walk to. In those communities, the suburbs there are typically not that expensive and those homes have tripled in value over the past 5 years. Whereas the big suburbs homes have remained rather similar in price. They have been back since the recession but they haven’t doubled or tripled by any means they have just come back to where they were before the crash.

 

View this post on Instagram

 

?Real Estate Agent’s? It’s the perfect time to set goals and start developing a strategy to grow for next year. If you have been achieving the same results and would like an opportunity to increase your average sales price please message me. At @signaturesir We have the highest average sales price in the MLS. We have industry leading marketing tools and training to make sure you never lose a listing again. We have offices in Northville, Grosse Pointe, Bloomfield Hills, and Birmingham. If you are motivated to grow your business and increase your production please give me a call and let’s set an appointment at one of our offices. ?248.990.0356

A post shared by Dylan Tent (@helirealtor) on Sep 28, 2018 at 7:25am PDT

What inspired you to be so creative with your videos of your listings and how has it helped your sellers?

DT: I started this at 23 and I wanted to sell luxury homes so I had to try to market differently. Most people aren’t going to want to work with someone with no experience to sell million dollar assets. Before drones and videos started to get big with other agents, we started to try to get more creative than anybody else and stayed ahead of it. Our videos get 70,000 views on them -- that's more traffic than Zillow, Realtor.com and MLS combined in a week. If we can produce that many eyeballs on your property, it’s a big help. And I work with the number one luxury real-estate company in the world so we already have an industry-leading advertising package what I do online is very hard for anybody to compete with me that I would be going up against to get a listing. People appreciate that it’s different and they appreciate that I show up prepared and caring about my job and loving what I do, I give them the best service.

How important is social media now in the real estate industry? 

DT: In my market, so few people are doing a good job at it that it’s wide open. Some of the top producers that were more heavily in print are starting to catch on but they don’t understand it, they don’t understand how to get the eyeballs on the properties using the platform.  You can sit there and post great content all day but if nobody sees it what’s the point? And we have found a way to make it entertaining enough that people want to watch it.

The post HeliRealtor Dylan Tent Discusses The Michigan Luxury Real Estate Market appeared first on Haute Residence by Haute Living.

http://costaricaluxuryestates.com/clecostarica/index.php/categories/villa-hacienda-ranch/2721-hacienda-las-nubes

The list of requirements can become so detailed and demanding, that the property must include organic gardens, unobstructed views, natural surroundings, water springs, nearby rivers, horse stables and pastures.

Eating organic is more than a health habit, it has become a way of living in close contact with nature. The capacity of walking to the vegetable gardens and picking up your salads and veggies, free from pesticides and irrigated with unpolluted water, gives experiential luxury a level of satisfaction that high net worth individual might not find anywhere else, reason why this kind of experience acquires a high level of importance in the mandatory list.

Privacy and an environment free of noise or annoying neighbors, are two factors that are highly valued in the list of preferences. The ability to live isolated in total contact with nature and offer guests a completely different experience than what they are used to, gives added value to this relaxed lifestyle and definitely out of all established routine and rule.

Hacienda Las Nubes in Costa Rica, is splendid 69-acres estate & farm for sale with an architecturally stupendous 5 bedroom house located in the central mountains of Costa Rica overlooking the Pacific Ocean conveniently just outside the Central Valley. The area serves for unsurpassed hiking, biking, bird watching, and horseback riding. Unique features include owning your own secluded mountain valley with a superb mountain climate and a palatial colonial-style building with breathtaking ocean views just 37 miles from the Juan Santamaria airport near San Jose.

The property is secluded and secure, yet only 37 miles from the Juan Santamaría International Airport outside the capital San Jose, centrally located in the mountains near the City of San Ramon, Alajuela Province, overlooking the Port of Puntarenas, Nicoya Peninsula, and the Pacific Ocean. The private nature preserve boasts a Mediterranean climate and breathtaking view of the Pacific and Nicoya Peninsula. The property land area includes a substantial forest, freshwater springs, trails, a creek, and a mountaintop.

This is a piece of paradise. The property uses wind power for electricity, maintains its own organic vegetable and fruit tree plantings, conserves energy and resources, and engages in local reforestation and nature preservation.

• Location: San Ramón, Alajuela Province, Costa Rica.

• Bedrooms: 5

• Bathrooms: 5.5.

• Construction area: 650 m2

• Lot size: 69 acres (28 hectares)

• Annual Property Tax: USD$862.00

• Large courtyard with two fountains.

• Numerous terraces and porches with Pacific Ocean views.

• Ample kitchen.

• Formal dining room.

• Swimming pool

• A secluded world of 69 forested acres.

• A perfect place for family events, a getaway with friends, small corporate retreats, spas, des-intoxication clinic, Eco lodge, wellness community, family retreat, etc.

Click for detailed description and photos: http://costaricaluxuryestates.com/clecostarica/index.php/categories/villa-hacienda-ranch/2721-hacienda-las-nubes

For appointments and additional information contact Yalile@costaricaluxury.com or call (506) 8861-1515 in Costa Rica.

The post Yalile Alpizar: Reimagining Luxury appeared first on Haute Residence by Haute Living.

How long in have you been a top real estate agent?  

18 years

Real Estate Market:

Ponte Vedra Beach, S. Ponte Vedra Beach, Jacksonville Beach, Neptune Beach and Atlantic Beach, FL

Best hidden gem:

Jacksonville Beaches and Ponte Vedra oceanfront properties

Best fine dining restaurant:

Restaurant Medure, Ponte Vedra Beach, FL

Best place for a power business meeting:

Marriott @ Sawgrass TPC, Ponte Vedra Beach, FL

Best hotel for out of town guests:

Ponte Vedra Inn & Club

Favorite shopping venue/boutique:

Modelcitizen, Ponte Vedra Beach

Favorite charity event:

Jay Fund

Favorite cultural event:

Jacksonville Symphony Orchestra

Favorite cultural institution:

The Cultural Center at Ponte Vedra Beach

Best museum/exhibit:

MOSH, Jacksonville, FL

Best weekend getaway/staycation:

A getaway weekend would be Las Vegas or New York City/staycation is a spa weekend at the Ponte Vedra Inn & Club Spa

Describe your city in three words:

Upscale beachside community

Favorite historic/legendary place to see or explore:

St. Augustine, FL

All-around favorite spot in your market: 

The beach

Best aspect of your market: 

Fine dining & casual waterfront dining, outdoor & water activities, mild weather and overall perpetual vacation.

The post Kim Martin-Fisher Shares Her Haute Guide to Ponte Vedra Beach appeared first on Haute Residence by Haute Living.

Photo Credit: The Jills – Photography by Lifestyle Production Group

The Jills have listed the stunning crown jewel penthouse at Regalia, an ultra-luxurious 46-story oceanfront tower in Sunny Isles Beach. The sprawling penthouse boasts six bedrooms including two master suites with midnight bars and two half-bathrooms. The property features double height ceilings, floor-to-ceiling glass walls, 360-degree wrap-around terraces with unparalleled oceanfront views, a stacked entertainment wing with a separate private movie theater and a $1 million master bathroom designed by C.A.D. International.

The extraordinary 1,100 square-foot bathroom features a custom built steam room and sauna room, a pair of massage tables, custom His and Hers glass showers enclosed with rain showers and body jets, a His and Hers walking closet, vanities and make-up area, walk-in His and Hers closets with secure safes and a couples hydrotherapy soak tub.

"My inspiration for designing this million-dollar master bathroom came from spas in Switzerland." C.A.D. International, the visionary design firm behind the stunning bathroom said. "The whole take was to have a full spa bath within the penthouse to provide the owner with all the amenities in their residence."

For more information on the stunning, state-of-the-art penthouse, please contact The Jills at 305-341-7447.

The Jills are the exclusive agents representing the Miami real estate market as a member of the Haute Residence Real Estate Network. View all of their listings here.

Photo Credit: The Jills – Photography by Lifestyle Production Group

Photo Credit: The Jills – Photography by Lifestyle Production Group

Photo Credit: The Jills – Photography by Lifestyle Production Group

The post Inside The Stunning Regalia Residence Featuring $1 Million Bathroom appeared first on Haute Residence by Haute Living.

Where do you foresee the residential real estate market heading in 2019? 

The forecast for Rancho Santa Fe and North County San Diego is still positive as we head into 2019. In fact, San Diego’s housing market is ranked 5th hottest in the nation.  US housing markets might be slightly shifting to a buyer's market in 2019, it is the natural equilibrium.   Yet with the economy so strong, sellers know they can stubbornly holding out for big prices, particularly in San Diego. 

How long do you foresee before South and North Cal start seeing a demand for more vertical living? 

Downtown San Diego is booming with residential and commercial development which includes a healthy 'sky homes' market. No longer is it the once sleepy navy town boasting the best climate in the country. The weather remains beautiful year-round while the city has reinvented itself as a dynamic place to live, work and play. Around 41% of downtown’s population are Millennials and 21% Gen X. San Diego is not a city of concrete canyons. Planned into downtown’s growth are multiple parks, open spaces and pocket parks welcoming residents, workers and visitors.

There’s been an overall dip in prices for high-end homes throughout the country, has it been similar for you in your market?

The market has cooled at the upper end. Although, we are seeing the movement of properties with larger square footage, 8000+ which we haven't experienced to this degree in several years. 

Heading into the new year, there’s been talk about an upcoming dip in the market, can you share with us insight into reasons why this may occur?

With mortgage rates on the rise, prices blowing past their previous peaks and inventory slowly creeping upward while rents are flatlining we may see a minor hiccup in the market for the 1st quarter of 2019.  San Diego enjoys a market that is not typical to most US housing markets, our 'Sunshine Tax' drives buyers into the county.

What is the most common trend you see amongst your buyers in regards to what properties they are interested in? 

Despite being the nation’s eighth biggest metro area, San Diego is really made up of sprawling suburban areas that are all very different, makes house hunt struggle very real. The common trend for buyers is identifying the area that fits their lifestyle needs.

Do you think there is an oversaturated market right now? If so, is there a shift from a seller's market to a buyers market?

Oversaturation is not an issue in San Diego. We simply don't have enough inventory.  The shift from seller's market to buyer's market occurred in early August 2018 due to economic/election concerns and normal time of year slow down.  

What is the most beneficial piece of advice you would give to other brokers?

Stay positive and remember we are in a service business. Our job is to provide exceptional service and advice to create long-term relationships with our clients.

The post 7 Questions With Top Agent Danielle Short appeared first on Haute Residence by Haute Living.

When did you first see a spike in interest for condominium residences?

I first saw a spike with The Century about 10 years ago where people were primarily coming from large homes in the surrounding area and looking to downsize as they wanted to do more travelling.  They specifically didn’t want to be on the Wilshire Corridor and in the center of traffic.  Instead, they were craving a location and residence that offered 24/7 security, room service, and nearby restaurants, and a reprieve within the city.  Additionally, these buyers were not willing to sacrifice on amenities and were continually attracted to the on-site private dining room, screening room, pool, and fitness center.

As Managing Director of Sales for the Century Plaza Residences, how would you say Century City has evolved in the past 5 years?

Century City continues to evolve and expand, far beyond the norm.  It has become more pedestrian -friendly and the walkability factor is second to none.  Step outside and you see parents with strollers, children, a vibrant nightlife, entertainment professionals, and a thriving retail and restaurant scene.  Years ago, people used to go to work in Century City, and then go straight home.  Now, they go to the office and stay in the area for everything it has to offer.  The streets are alive at night and what’s more crucial is that people are recognizing just how central the location is to so many parts of Los Angeles.

What amenities are buyers most interested in?

Without question, the fitness center, massage treatment rooms, yoga, Pilates, private dining room, screening room, and the 24-hour concierge services.  Of all the amenities, the concierge will offer the most distinctive service as it will cater to each resident personally.

Are buyers at Century Plaza willing to pay more for views or amenities?  Or a combination of both?

Century Plaza is unique in that it offers two very different residential styles of living.  The Fairmont Century Plaza Residences attracts purchasers who are craving more of the 24-hour hotel lifestyle and are perhaps already a brand loyalist while the towers are more about views and amenities, and perhaps some additional exclusivity.  To answer that question, it really depends on the purchaser.  Some will visit the sales gallery with their mind fully made up on the hotel, yet take a look at the views and glass balconies from the tower and immediately switch, or buy one in each.  With the hotel, we are fortunate to have the Fairmont 5-star services and amenities, as well as the owner, becoming a member of the prestigious Platinum Club.  The towers will benefit from room service from the hotel while establishing their global brand for the first time in Century City.

Photo credit: DBOX

The post The City Of Angels Shifts Towards More Vertical Living appeared first on Haute Residence by Haute Living.

It's the 4th quarter of the year, have you noticed a change in the market in terms of what buyers and sellers are looking for and requiring?

Has the type of buyer changed at all within your area? What are buyers looking for now in properties that they maybe weren't looking for or knew to ask for before?

Yes and No. Our area has always been supportive of all price ranges so our buyer pool is very diverse. We service the starter home market up to the luxury home market. We have many buyers with many different requirements. The senior luxury market has grown and is very active, first time home buyers and millennials are now opting out of the condo scene and searching for single family homes.  Buyers are ultimately looking for convenience. Larger lots are not as popular as they once were. The over 55 communities are doing very well and offer ease of living. Carriage homes have taken off and the $400-$700,000 market has grown from what it once was. Easy access to top pharmaceutical companies, some of the country's best hospitals along with job stability, stable income and housing affordability make this a great region to explore. 

Where do you see the real estate market trends heading in the next 5 years, nationally as well as in your respective market?

Nationally, I see a shift coming. I do not believe it will be as harsh as the last downturn. Recovery will be swift out of the shift. Regionally, I would expect values to reduce by 10-15% and then rebound to a real value of 5-8% off today's current value. We are living in a seller's market and prices are artificially inflated due to the lack of inventory.

The post An Expert Guide To The Pennsylvania Residential Real Estate Market appeared first on Haute Residence by Haute Living.

HR: Walk us through every stage of the process – from purchasing to renovation, to placing the home on the market. 

I worked with my investor partners, Raul River and Erwin Villaorduna, to identify a dozen potential properties which we then narrowed down to a short list of three. We then made three aggressive offers and eventually acquired our #1 choice. The identification process started in the Fall of 2017 and we purchased the property at the end of February 2018. We had a very specific idea of what the home could be an engaged Sandra Brauer of Sandra Brauer Design to help us realize our vision.  After a competitive bidding process, we selected Beni Shoshi of Shoshi Builders to build it. Demolition began in April 2018 and Beni worked hard and fast to finish by October 2018.  There were bumps along the way as there are in any significant renovation, but the team worked quickly to address everything and keep us on track. Listing a home is always exciting and a bit stressful, even for real estate professionals.  So far the response has been extremely positive.

HR: Have you done this before? If so, what tips do you have for your clients looking for advice in doing something similar? If not, what did you learn and how do you think it will aid you moving forward with future listings and projects similar to this?

I renovated a number of homes years ago in San Francisco, but this is my first major renovation in the Hamptons. I really enjoy the process and the creativity involved.  It is so satisfying to see the vision become reality. Tips – make sure you have a good team and you ask as many questions as you can possibly think of up front.  Have a detailed and strong contract with your builder – there is a lot of money at stake and a lot of questions are going to come up along the way – a good contract will guide everyone through these questions. Specifically in the Hamptons, look for worn down properties that may be poorly kept but offer privacy, quiet, sunshine and room for a pool if one doesn’t exist – that is a must.

HR: What drew you to want to get involved with this project?

Renovations are stressful, but I enjoy the finished product enough to work through the stress.  It is like a big puzzle that takes months to put together. I had also wanted to work with these investment partners – the team is really important to me.

HR: What is the current buy/flip trend like in your market?

Hampton buyers want turn-key properties.  They are busy people who want to relax and enjoy their beach homes, not manage a contractor for months on end.  They are also picky and demand the best.  These buyers see through low-quality quick flips and demand the best – if you cut corners, you will pay for it; not them.

HR: Tell me a little about what makes this property special.

The danger of completing a “flip” is falling in love with the house, which I am afraid I have done here.  The approach to 24 Pheasant is grand but not over-the-top and the mature trees and open lawns give the property a sense of history while all of the modern finishes keep it fresh. I also cannot get over the view from the dining room and kitchen out to the pool. With six large and luxurious en-suite bedrooms, two living rooms and parking for seven, it is going to be an amazing place for someone who likes to fill their home with family and friends!

For more information, please contact Benjamin Dixon at benjamin.dixon@elliman.com

Photo courtesy of The Mackay Dixon Team 

The post Benjamin Dixon Of The Mackay Dixon Team Discusses His Latest Home Renovation Project appeared first on Haute Residence by Haute Living.

Address: 2075 Crayton Road

For more information, please contact Dante DiSabato at (239) 537-5351

Dante DiSabato is the exclusive agent representing the Naples real estate market as a member of the Haute Residence Real Estate Network. View all of his listings here.

Photo courtesy of Dante DiSabato 

The post Luxurious Naples Estate appeared first on Haute Residence by Haute Living.

Burj Khalifa

Without a doubt, the crowning jewel of Downtown Dubai is the Burj Khalifa. The world’s tallest building stands a staggering 2,722 ft high and comprises 167 floors. Putting a futuristic spin on traditional Arabian architectural motifs, the tower is set on a base in the shape of a three-pointed star that rises in a spiraling pattern that gives it a unique and imposing silhouette against the Dubai skyline. The first 15 floors of Burj Khalifa are home to the Armani Hotel (one of two in the world, the other being in Milan), while the remaining floors are split between commercial spaces and gorgeous apartments. The penthouses on the upper floors are perhaps the most enviable addresses in the city, enjoying stunning vistas that stretch out to the distant horizon.

The Burj Khalifa is also the epicenter of celebrations in the city and is especially renowned for its dazzling fireworks shows on New Years’ Eve. This year, the fireworks were replaced by a light show that has become a nightly staple at the tower with specially themed shows for different events such as Chinese New Year.

Dubai Mall

The tallest building in the world is, appropriately, flanked by the largest shopping mall in the world. The Dubai Mall is spread over 5.4 million square feet and four levels, encompassing stores of every category imaginable. One entire wing of the mall known as Fashion Avenue is home to brands such as Burberry and Ralph Lauren, and the mall is also home to the Middle East’s largest Apple store. Aside from its retail outlets, the Dubai Mall contains a large selection of gourmet restaurants, an aquarium and underwater zoo, a 22-screen theater and an indoor theme park that has recently been converted to a virtual reality park.

A number of upcoming residential projects such as Vida Dubai Mall, The Address Dubai Mall and Downtown Views II are ideally positioned so they can look out over panoramic views of the Dubai skyline while benefiting from covered footbridges that provide a direct link to the mall.

Souk Al Bahar

Located adjacent to the Dubai Mall and connected to it by a bridge, Souk Al Bahar is a shopping and dining complex modeled after a traditional Arabian market. It features an exterior and interior design with very traditional design motifs, complemented by contemporary boutique stores and a variety of fine dining restaurants serving everything from classical French fare to tapas.

Dubai Opera

One of the key pillars of Downtown Dubai, the Dubai Opera first opened its doors in summer 2016 and rapidly grew to be the cultural heart of the city. A stunning blend of old-world charm and new-world innovation, the opera house has an architectural design that draws inspiration from the ‘dhow’, a traditional sailing vessel used in the Arabian Gulf and a key part of Dubai’s maritime history. The structure of the building resembles the sweeping bow of the boat, jutting out over the Burj Lake. With a seating capacity of 2,000, the opera has a technologically sophisticated interior that can transform between an auditorium, theatre and event arena courtesy of hydraulic lifts and sliding floors.

The Dubai Opera sits adjacent to the Burj Khalifa, enjoying a beautiful view of the superstructure. It is also the focal point of the Opera District, a neighborhood rich in culture that includes upcoming residential projects such as Forte, Act One/Act Two and Grande.

Mohammed Bin Rashid Boulevard

Named after the Ruler of Dubai and Prime Minister of the UAE, this is the main thoroughfare of Downtown Dubai, encircling the central district (which includes the Burj Khalifa, Dubai Mall and Opera House) and feeding out to the major roads that crisscross the city. Mohammed Bin Rashid Boulevard is lined with boutique stores and choice eateries including popular Mediterranean restaurant La Serre Bistro & Boulangerie. The road also passes through the residential area known as Old Town, a cluster of six neighborhoods with a traditional Arabian aesthetic.

With its contrasting architectural styles and its central location, Downtown Dubai serves as both a visual and physical link to the newer and older parts of the city. This urban hub is not just a great destination for tourists, but a fantastic neighborhood for residents and a very prime location for investors as well.

Photo courtesy of Andrew Cummings and official Downtown Dubai Facebook page.

The post Dive Inside Dubai: One Of The Most Lavish Cities In The Middle East appeared first on Haute Residence by Haute Living.

This stunning modern home featuring amazing views over Shinnecock Bay is a must see. The newly constructed home features four bedrooms, three baths, attached garage, open living, dining and custom kitchen with top of the line appliances. Located in a private community with a private beach in your backyard, this is a water lover's paradise. This home has all the latest high-end fixtures and fittings you would expect from this high-end build. Every room in the house overlooks some of the most spectacular water views and sunrises the Hamptons has to offer. Built for the future HERS rated high-efficiency standard. A must see for those wanting the latest build and design FEMA compliant waterfront turnkey solution

Price: 2,495,000

17 Bayside Ave,

East Quogue, NY 11942

For more information contact Douglas Sabo at 516-382-5727 or douglas@nestseekers.com

Douglas Sabo is the real estate agent exclusively representing the Southampton, New York market as a part of Haute Residence real estate network. View all of his listings here. 

Photo courtesy of Douglas Sabo 

The post Spectacular Modern Bayfront Home In The Hamptons appeared first on Haute Residence by Haute Living.

The home has a natural swimming pool (man-made lagoon) with organic filtration as well as a 200-foot bridge winding through the property. There is also a fire pit and sunken lounge area.

The house comes with a private dock that accommodates a 90’ yacht. It also has a brand new official NBA indoor half-court basketball court/2,250-square-foot gym.

Address: 4567 Pine Tree Dr, Miami Beach, FL 33140

Price: $25,750,000

Bedrooms: 6

Bathrooms: 7 full + 2 half

View the listing here.

For more information contact The Jills Team at 305-341-7447; or Jill Hertzberg at 305-788-5455 or jillh@thejills.com; or Jill Eber at 305-915-2556 or jille@thejills.com

The Jills Team exclusively represents the Miami Beach, Fisher Island, Florida real estate market as a member of Haute Residence Real Estate Network. View of their listings here.

Images courtesy of The Jills Team

The post Exceptional Miami Beach Residence appeared first on Haute Residence by Haute Living.

LIVING ROOM
This extremely large and versatile room has a traditional box-beam ceiling, wainscoting, fireplace and double French doors leading to the back deck and gardens.

DINING ROOM
Adjacent to the kitchen and family room, the dining room has lovely views of the grounds, original leaded glass door bookcase and second fireplace.

KITCHEN
Combined with the family room, the kitchen features granite counter tops, large center island with cook top, stainless-steel Sub-Zero refrigerator, Dacor built-in double ovens, KitchenAid dishwasher, GE built-in microwave, custom copper trimmed hood, walk-in pantry, spacious breakfast area, French doors opening to the deck and back yard, and windows to watch kids on the trampoline.

FAMILY ROOM
Combined with the kitchen, this fabulous, large family room has a cathedral ceiling, custom built-in entertainment center, beautiful wood floors and abundant light from walls of windows.

UPPER LEVEL
All six bedrooms are on the upper level. Master bedroom suite with a remodeled bathroom and French doors to a private deck and abundant windows. Five additional bedrooms, one currently used as an office, remodeled full baths, two hall closets and a large attic for storage.

ADDITIONAL FEATURES
This home magnificently showcases contemporary upgrades, yet elegantly preserves the romantic, magical charm of another era. Two spacious and inviting covered porches with wide plank floors, level wrap-around yard landscaped with Hydrangeas, white roses, Lavender, mature trees, freshly sodded lawns and two raised vegetable beds, ADT alarm system and a two-car detached garage with custom cabinetry.

Address: 20 Bridgeroad, Kentfield, CA 94904

Price: $3, 995,000

Bedrooms: 6

Bathrooms: 3

View the listing here.

For more information contact Marilyn Rich at 415-461-8608 or marilyn@finelivingmarin.com

Marilyn Rich is the agent exclusively representing the Ross and Kentfield, California market as a part of the Haute Residence real estate network. View all of her listings here. 

Images and video courtesy of Marilyn Rich  

The post Exceptional Kentfield Residence With Momerable Historic Design appeared first on Haute Residence by Haute Living.

Douglas Sabo, a luxury real estate professional with Nest Seekers International and a Hamptons’ native, shares his insight and advice on navigating the upscale area.

The Hamptons is famed as an upscale second-home destination. Yet, what advice do you have for buyers seeking a year-round residence here? How should they tailor their search differently?

I think all buyers should keep an open mind, quite often after searching for a property looking at what is available and at different areas they make adjustments from their initial perception of their ideal Hamptons. Finding a home out here is a process – it takes time to view the inventory, understand the market and the area differences.

House hunting often sounds fun, but can turn out to be more difficult and overwhelming than homebuyers imagine. What is your approach to curating and presenting to your clients the listings you think best match their search?

Yes, it can be, and there are many pitfalls buyers can get caught up in. Working with a knowledgeable broker is essential, one that understands town codes land use restrictions, and the potential development rights of the property. They also need to ensure that everything that exists in the transaction is legal. There is nothing worse than negotiating on a property only to find out there are restriction, or illegal building or structures that do not meet local zoning laws. Even if they can be rectified, the delays alone are frustrating.

Old Country Rd, Water Mill, NY 11976

What is the best time of the year to buy property in the Hamptons? Why?

Late fall and early spring, most buyers buy to set up for the following summer season, but sales are made all year-round. It is difficult to assess a property covered in snow, or to see the landscaping and appreciate how the home feels.

Negotiations seem a given when buying real estate, but how common are they in the luxury segment? What are your tips to homebuyers who engaging in negotiation the price?

Negotiations are a given in any market including the Hamptons. It a process, and always the value of any property is determined by what a buyer will pay for a property and what a seller will sell for, in essence the meeting of the minds.

I always advise my clients not to rush in with any offer before we have done our due diligence, fully understanding the property in all aspects, and understanding the market as it is today. Information is key.

Secondly, during the process don’t take things personally, it a real estate transaction, stay focused on the deal. I have seen a number of great deals get blown up by ego, and they generally regret it after losing the property.

Last, it is not always about the best deal, buyers should understand they will be living in this property, and need to evaluate whether they settle for the best deal or they buy the property that suits them best.

What does a winning offer constitutes of? What is your approach to helping clients with offers that stand out?

In a successful transactions there is give and take on both sides. The key is being prepared, understanding the market, understanding the process and what is required. Before the offer, the buyer need to be confident in their decision, and have everything in place to close the transaction. That means having an attorney they will use, hiring a home inspector and having financing in process if that is required. Delays can kill deals, waiting to find an attorney or getting approved for financing, when evaluating offers most sellers gravitate to the buyer that they believe can close the sale, not necessarily the highest price.

The closing process may be confusing, bringing additional costs and unexpected time frames. What can homebuyers in the Hamptons expect during that time?

Working with someone knowledgeable saves time, and can save a deal. Buyers should be fully aware of the costs, fees and time frame well in advance. There should be no surprises.

Top Image: 26 Parrish Pond Ln, Southampton, NY 11968

Images courtesy of Douglas Sabo

The post Douglas Sabo’s Guide To Buying And Selling In The Hamptons appeared first on Haute Residence by Haute Living.

LEED-certified platinum, the development is located next to the Santa Barbara Public Market, the Arlington Theater, and surrounded by the top local restaurants, theaters, shopping, and more.

Amenities include: two guest rooms available by reservation, formal lobby with fireplace, concierge, elevator, underground gated parking and additional secured storage, roof-top deck complete with a BBQ, raised gardening beds and a potting shed, a club house - for all the residents and available for private events - with individual temperature controlled wine storage, full kitchen, flat screen TV, and fireplace.

Address: 18 W. Victoria #207, Santa Barbara, CA 93101

Price: $1,125,000

Bedrooms: 1

Bathrooms: 2

View the listing here.

For more information contact Emily Kellenberger at 805-252-2773 or emily@villagesite.com.

Emily Kellenberger is the exclusive agent representing the Montecito, California real estate market as a member of the Haute Residence Real Estate Network. View all of her listings here.

Images courtesy of Emily Kellenberger

The post Last Available Condo In Hip Alma Del Pueblo appeared first on Haute Residence by Haute Living.

To make sense of all the latest trends in Los Angeles’ real estate, Haute Residence talked to Lisa Optican, Luxury Estates Director at Compass.

Prices in the Los Angeles market are soaring up, reaching record levels. Some experts say this cues to a healthy recovery from the Great Recession, others express worry of possibly another bubble. What’s your take on the rising prices?

I think the soaring prices in Los Angeles are a reflection of the shortage of inventory. Los Angeles is in a unique position because it draws all types of business and commerce, the weather is stunning, and there is a limited amount of quality homes in prime neighborhoods. I do think, however, that some of the current prices are exceedingly high and until sellers get a bit more realistic about how much the property is truly worth, those properties will sit on the market.

Some recent reports have shown a slight decline in the number of listings in 2017 and the first half of 2017 despite the increased profits from selling, showing that some sellers are not rushing to sell, and keeping prices high. What is your take on this? What could stimulate more potential sellers to list their homes?

Week after week I hear people contemplating putting their houses on the market to sell and then they ask the question, "Where am I going to go?" Sure, they can make a lot of money by selling right now, but they will also have to spend a lot of money to buy something if they want to stay in Los Angeles. Sellers have to be exposed to what else is out there for them...perhaps there is a neighborhood that they never considered; perhaps they no longer need the size of the house they are in; or the size of the lot.

What is your advice for those looking to sell their properties?

Be smart and realistic about your property. A good agent will be able to not only talk to you about the comps, but will also be able to tell you what the present-day competition is, should a seller put their house on the market. A seller has to imagine that any buyer looking at their property is also looking to see what else is available. How does this property compare to the other properties available for sale? Size of house, size of lot, location, style, amenities...all of these factors have to be weighed so a seller can accurately price their house.

What about advice to buyers, who are also saddled by spiked interest rates on mortgages?

Buyers have to be savvy about their financial picture. The best plan is to meet with financial advisors and mortgage brokers before searching for homes so that they are aware of what they can afford and what the payments will look like in the future. I always tell people that buying a house should not cause absolute financial stress. If the numbers are not working and it becomes a stretch, I recommend pausing and reconsidering a different price point.

In a slew of cities, including LA, homes, today, often sell for above the asking price. How can a buyer navigate such a dynamic to ensure his or her proposal leads to a deal?

Working with an agent who has good relationships is critical. It's also about telling a story and making your clients stand out in a personal and emotional way. Of course, a good agent will also point out the strength of the buyers finances.

What about sellers?

A seller should be very clear in what they are looking for and an experienced agent will be able to sort through the offers to evaluate the likelihood of a deal closing. Sometimes it’s not all about the highest price, sometimes the strength of the buyer is in the details of the offer.

What are your expectations about the market dynamic the second half of 2018?

I think the remainder of 2018 will continue to be strong but I do think we will start to a see a shift in the high-end luxury market as more properties $20 million and higher continue to come on the market. As it presently stands, for example, there are 48 homes on the market (not including off-market) priced at $20,000,000 and higher in Bel Air, Beverly Hills, and the Sunset Strip and more are expected to come on.

The post Lisa Optican: LA Real Estate Remains Strong, But Shifts Are On The Horizon appeared first on Haute Residence by Haute Living.