The moment you enter you will be inspired by the elegance of the grand staircase, rich natural light, and luxury amenities. A beautiful great room is the central hub of the home, a wraparound balcony deck and large windows offer amazing Gulf views from nearly every room in the home. A fantastic poolside wet bar and media room create the perfect space for entertaining guests and family. Truly an ideal beach estate with recent exterior upgrades throughout including new windows, stucco, and paint.

The 30-A beach lifestyle is waiting for you. Enjoy the great outdoors with the surrounding state parks, nature trails and the 22-mile bike & jogging path. Kayak or paddle board on one of the rare coastal dune lakes and experience all the hidden natural wonders of the area. There are many options nearby for dining and entertainment and you are close to the picturesque towns of Seaside, WaterColor and Rosemary Beach.

Fine dining, upscale shopping and local arts and music are abundant along the beautiful Emerald Coast of Florida. This home is located just minutes from Gulf Place, renowned for excellent dining, shopping and nightlife. And it is home to the world famous 30-A Songwriters Festival. If you can tear yourself away from the beautiful beach, there will be no shortage of opportunities to enjoy all that this wonderful area has to offer.

Address:

45 Gulf Dunes Ln,

Santa Rosa Beach, FL 32459

Bedrooms: 4

Bathrooms: 4

Price: $4.7 million

Link to listing -- here 

Photo courtesy of Nathan Abbott Team 

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Past and present blend seamlessly, as you first encounter the historically preserved front façade — in compliance with Beverly Hills Historic Preservation — and the newly constructed soaring double-height entry and gallery that extends all the way to the rear of the property. Fleetwood pocket sliding doors open dramatically to the gorgeous landscaped backyard and pool for indoor and outdoor living. The main level living and entertaining spaces, from the office, casual screening room and dining room to the open kitchen and family room, are defined by exquisite attention to detail: bleached walnut herringbone flooring, walnut millwork, walnut doors and recessed stone. Six total bedrooms in the house, including a guest house/pool cabana, maid’s room and four upstairs bedrooms, each offer ensuite baths and plenty of opportunities for privacy. 

The oversized master suite is a haven unto itself with a sitting room, fireplace, his and her-closets, his- and her- baths and a private covered balcony overlooking the pool. A charming porte-cochère and two-car garage features a pass-through to the rear driveway and alleyway. All-new systems include six-zone HVAC controlled by Nest, Sonos Sound System, Lutron Lighting — all smart-home compatible.  A convenient location in the heart of the Beverly Hills “Golden Triangle” business and shopping district, as well near Century City, makes this prized estate one of the most sought-after addresses in the Flats. This estate is truly the gem of Oakhurst!

Address:

 714 Oakhurst, Beverly Hills, California 90210

Bedrooms: 6

Bathrooms: 7

Price: $10,995,000

Photo courtesy of Joyce Rey 

Joyce Rey is the exclusive agent representing the Beverly Hills, California real estate market as a member of the Haute Residence Real Estate Network. View all of her listing here.

The post Transitional Masterpiece In The Beverly Hills Flats appeared first on Haute Residence by Haute Living.

Annual property taxes for the residence are over $1 million. Recent comps are $15 million lower — two properties, which sold for $85 million within the last 18 months. The area once known as a getaway for Hollywood celebs has become a haven for tech and business billionaires. In fact, one of the area’s most prolific investors is Oracle founder Larry Ellison who has amassed a fortune in prime real estate and helped drive prices up around Carbon Beach.

Michael Smith’s new home, which comprises two parcels with two structures, is sandwiched between two Ellison properties on a half acre with over a hundred feet of beach frontage. It has 8,000 square feet of living space, including seven bedrooms and nine bathrooms. Yes, it’s price is staggering. But everything is relative. 

“There are never going to be that many giant sales [in Malibu], because there are only so many homes that have a lot of beachfront and multiple parcels," Jack Pritchett, co-founder of Malibu-based brokerage Pritchett-Rapf Realtors told the LA Times. "We can say $110 million is a joke, but you can't find multiple-lot properties like Morton’s."

The seller Morton was no newcomer to the area. He acquired his two properties over the previous 30 years paying a comparatively low $5.6 million for both, hiring architect Richard Meier to reconfigure the compound, covering it in teak, facing wrap around balconies towards the ocean.

Malibu’s previous record sale occurred in 2017 when billionaire entertainment industry vet, David Geffen (founder of Asylum, Geffen Records & co-founder of DreamWorks), sold his Carbon Beach residence to LA Dodgers Owner and Guggenhein Partners CEO Mark Walter for $85 million.

The LA market has been on fire recently with some astronomical asking prices — such as $200 million for The Manor, a 56,000-square-foot, 123-room mansion built by television producer Aaron and Candy Spelling and currently owned by Formula One heiress Petra Ecclestone. In 2016, Hugh Hefner’s Playboy Mansion sold for $100 million, which was the previous highest sale in LA County.

However, when a super-high-priced homes hit the market, sellers have to be prepared to wait for the right buyer or reprice. A huge Bel Air mansion hit the market last year for $250 million. No buyers materialized and now the property has come down by $62 million.

Undoubtedly, the most outlandishly priced LA home is a place named The One, built by luxury developer Niles Niami. Price tag: $500 million. In a story that seems scripted around the 2008 financial crash, such ostentatious real estate is even out of the price range of most of Hollywood’s elite, attracting a select few tech billionaires. It all seems a little obscene when LA Country is undergoing a housing crisis with the homeless population rising about 57,000.

“Anyone who buys one of my homes is making a statement about who they are. These properties reflect LA living at its finest,” the 50-year developer, whose other clients include Sean Puffy Combs and the Winklevoss twins, (of Bitcoin fame), told The Guardian newspaper.

Haven’t we seen this all before?

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