Photo Credit: Courtesy of The Estates at Acqualina

The topping-out ceremony continues the stellar year The Estates at Acqualina has had with its recent announcement of closing on 46 deals totaling $375 million.

Jules Trump, Michael Goldstein

Photo Credit: Courtesy of The Estates at Acqualina

After breaking ground in May 2018, the development is on track with the South Tower completion in the 4th quarter of 2021 and the Boutique North Tower in the 1st quarter of 2022. The Estates at Acqualina will offer 248 luxurious residences from three to seven bedrooms in two towers, The South Tower and the Boutique North Tower. Villa Acqualina will offer 45,000 square feet of amenities, including the New York-based Avra restaurant, a spa and fitness center, and Circus Maximus, an entire floor of amenities including an ice skating rink, bowling lanes, a golf simulator, a Formula One simulator, and a movie theater.

Peter Tuffo

Photo Credit: Courtesy of The Estates at Acqualina

Through an exclusive partnership with one of the world’s most celebrated designers, the entrance lobbies at The Estates at Acqualina will be designed by none other than the late Karl Lagerfeld. Mr. Lagerfeld’s design and style will further enhance the grandeur of two of the most important spaces at The Estates.

Jules Trump, Rick Chitwood, Eddie Trump

Photo Credit: Courtesy of The Estates at Acqualina

The grounds of The Estates’ 5.6 acres will offer lush landscaped gardens, multiple pools, a FlowRider® wave simulator, a basketball court, a bocce court, a dog park, a soccer field, a beachfront restaurant, and five-star beach and pool services. Also available will be a 24-hour valet, 24-hour security services, a full-service resident concierge, and a house Rolls-Royce car.

The Estates benefits from its sister developments, Acqualina Resort & Residences on the Beach and The Mansions at Acqualina. The legendary service by Acqualina Resort & Residences, a Forbes Five Star and AAA Five Diamond Hotel and TripAdvisor’s #1 Beachfront Resort in the Continental United States, ensures that The Estates at Acqualina delivers ultimate perfection and a unique experience on every level.

Adriana Vargas Hernandez, Marla Cohen, Yansy Checa, Karina Batievsky

Photo Credit: Courtesy of The Estates at Acqualina

“We are one step closer to completing The Estates at Acqualina,” said Michael Goldstein, President of Sales. “Once completed, The Estates’ beautifully manicured lawns and overall design will integrate like no other with the Atlantic Ocean and provide homes never before seen on the coast or anywhere in the world.”

Stephanie Trump, Jules Trump

Photo Credit: Courtesy of The Estates at Acqualina

“The Estates at Acqualina is being constructed to the highest standards, leveraging leading-edge technology and innovation to deliver a sophisticated level of finishes and customizations for this world-class project,” said Pete Tuffo, President, South Region, Suffolk Construction.

Photo Credit: Courtesy of The Estates at Acqualina

Residences at The Estates at Acqualina are from $4.6 – $14.5 million to $59 million for penthouses. Sales Gallery Address: 17895 Collins Avenue, Sunny Isles Beach, Florida; Telephone: 305.933.6666; Website: www.EstatesAtAcqualina.com

The post The Boutique North Tower At The Estates At Acqualina Tops Out appeared first on Haute Residence by Haute Living.

Photo Credit: Golden Dusk Photography

The sales team at the South Florida ultra-luxury development in Sunny Isles Beach is led by Michael Goldstein with Marla Cohen, Yansy Checa, Karina Batievsky, and Adriana Vargas Hernandez.

The Estates at Acqualina will offer residences from three to seven bedrooms in two, 50-story boutique towers.  Each estate in the sky will be delivered furniture ready, and come equipped with top-of-the-line appliances, imported stone countertops, smart-home technology, and 10-foot 6-inch ceilings. Each master suite will boast his and her bathroom suites with imported onyx countertops and walls and marble floors, a steam mist shower, a free-standing tub, an ocean-view shower and elaborate his and her dressing rooms. The Estates’ 5.6 acres of grounds and gardens will offer lush landscaped gardens, multiple pools, a FlowRider® wave simulator, a basketball court, a bocce court, a dog park, a soccer field, a beachfront restaurant, and five-star beach and pool services. Also available will be a 24-hour valet, 24-hour security services, a full-service resident concierge, and a house Rolls-Royce car.

Avra

Photo Credit: Courtesy of The Estates at Acqualina

The Estates at Acqualina will also feature the impressive Villa Acqualina with 45,000 square feet of remarkable facilities including a spa and fitness center, one-of-a-kind dining and Circus Maximus, a full floor of magical amenities including an ice skating rink, a Formula One simulator, a golfing simulator, bowling lanes, a movie theater, and a Wall Street Trader’s Club room where residents will have access to ticker tape, computers, and a boardroom. Some features recently announced include the New York-based Avra restaurant and a halotherapy room and a boxing ring inside AcquaFit, the health and fitness sanctuary.

Photo Credit: Courtesy of The Estates at Acqualina

Delivery of the South Tower is in Fall 2021 and the Boutique Tower in 2022. Residences are from $4.7 to $10M. Tower Suites from $15.7M. Penthouses are priced from $27 to $59M.

For more, contact the Sales Gallery of The Estates at Acqualina at 17895 Collins Avenue, Sunny Isles Beach, Florida; telephone: 305.933.6666; Website: www.EstatesAtAcqualina.com.

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Avra

Photo Credit: Courtesy of The Estates at Acqualina

Scheduled to open in late 2021, the 10,000 square-foot Greek estiatorio was designed by the award-winning STA Architectural Group. The airy space has a distinctly sophisticated, yet warm character and features floor-to-ceiling windows, high ceilings, and a glamorous aesthetic. Diners will be able to hear the sounds of the waves crashing while they eat alfresco and savor oceanfront views, and a meal at the restaurant will offer a transportive experience.

Avra

Photo Credit: Courtesy of The Estates at Acqualina

IT’S ALL ABOUT THE FOOD

Chilean Sea Bass Souvlaki

Photo Credit: Courtesy of The Estates at Acqualina

The ambiance is only a part of making Avra the destination it promises to be. The menu will be equally impressive. Imagine endless iterations of incomparably fresh fish, grilled or baked in salt. The raw seafood, beautifully displayed on an ice bar, is sourced directly from the nets of fishermen in Greece and will be flown into Miami daily. Salads and cheeses will be a staple, too, and can be enjoyed family-style. Fruity, full-bodied olive oil, bottled exclusively for the restaurant, is the finish to every dish and comes from olives in Greece that are handpicked from ancient groves and pressed within three hours of harvest.

Grilled Octopus

Photo Credit: Courtesy of The Estates at Acqualina

THE ESTATES AT ACQUALINA

Villa Acqualina

Photo Credit: Courtesy of The Estates at Acqualina

Avra will be located inside Villa Acqualina, a Mediterranean-inspired villa that’s the heart of The Estates with its many amenities including a spa, gym, movie theater, ice skating rink, a speakeasy-style bar, a bowling alley, and more.

The Estates at Acqualina will be home to 248 ultra-luxury residences delivering an exquisite living experience within a private gated community. Each estate in the sky with wide-open views of the ocean will be equipped with the finest appliances, imported stone countertops, smart-home technology and 10-foot 6-inch ceilings and many will be delivered furniture ready. The development will feature lobbies created by the late fashion icon Karl Lagerfeld.

Boutique Tower at the Estates at Acqualina

Photo Credit: Courtesy of The Estates at Acqualina

ACQUALINA RESORT

Those who purchase at The Estates will also have access to the neighboring Forbes Five Star and AAA Five Diamond Acqualina Resort & Residences, named by TripAdvisor as the “Top-Rated Beachfront Hotel in the Continental US” and US News & World Report as the “#1 Best Resort in the Continental US.” Residents will be able to take advantage of luxurious, personalized services from the resort, including children’s programming, nanny and child care services, pet care, dry cleaning and laundry services, limousine service, ESPA Spa access and additional dining options at three restaurants, Il Mulino New York, Costa Grill and the new Ke-uH Japanese fusion restaurant.

Residences at The Estates at Acqualina are priced from $4.6 to $14 million with penthouses priced up to $35 million. Construction began in early 2018 and will be completed in 2021/2.

Sales Gallery Address: 17895 Collins Avenue, Sunny Isles Beach, Florida; Telephone: 305.933.6666; Website: www.estatesatacqualina.com. Appointments are available by appointment only due to COVID-19.

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Ke-uH at Acqualina Resort & Residences

Photo Credit: Ana Linares

“We are thrilled to announce our partnership with Ke-uH where our guests can enjoy outstanding Japanese fusion cuisine in a stunning environment,” said Deborah Yager Fleming, CEO & Partner of Acqualina Resort. “Japanese cuisine is so popular among our hotel guests and will become a new dining hot spot and loved by residents in our area.”

Chef's Nigiris plate

Photo Credit: Luxury Art Book

Ke-uH at Acqualina marks the third location of the restaurant, after the Ke-uH in Weston and Kazumi in Key Biscayne.

Carlos Delfino, Chef/Founder and part-owner of Ke-uH and Kazumi, worked with Master Sushi Chef Oscar Noborikawa to create the inventive Ke-uH menu with fine ingredients. Chef Noborikawa previously spent 14 years in Nobu Miami, where his experience was shaped under some of the country’s most acclaimed Japanese masters before being promoted to Executive Sushi Chef.

Chef Oscar Noborikawa

Photo Credit: Luxury Art Book

Chef Noborikawa's use of ingredients and balance is a signature feature of his work. He liaises with top suppliers to import Japanese Hamachi yellowtail, Uni sea urchin, octopus and sweet shrimp, Scottish salmon, Yellowfin and Bigeye tuna from Central and South America, and Bluefin tuna from the Mediterranean Sea.

The fusion menu will include everything from pizza crust to ponzu sauce, yuzu soy, truffle flavors, and aioli from personal recipes to go with sushi and non-Japanese plates like baby back ribs, sliders, and Kurobuta pork belly, as well as vegetarian, vegan, and gluten-free options.

Photo Credit: Luxury Art Book

“It’s the balance in every single bite,” says Chef Noborikawa. “For me, it’s the combination of the quality of product, the preparation, the respect of and care for every single ingredient and inherent discipline to create the perfect balance of citrus, spiciness, sauce for expressive sushi.”

“We are honored to be working with Acqualina to bring Ke-uH to Miami’s Sunny Isles Beach,” said owner Daniel Fernandez. “We are offering an elevated dining experience where family and friends will find something they will love and enjoy together.”

Pork Bun

Photo Credit: Ke-uH

Ke-uH is located at Acqualina Resort & Residences, 17875 Collins Avenue, Sunny Isles Beach, FL. Dinner is served from 5:30 pm to 10 pm seven days a week and The Bar at Ke-uH is open from 5:30 pm to 10 pm. Valet parking, all major credit cards accepted. For reservations or more information, call 305.918.6888 or visit www.acqualinaresort.com. Reservations can also be made via www.OpenTable.com.

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Photo Credit: Courtesy of The Estates at Acqualina

Marble and wood floors add an elegant touch and pair perfectly with the onyx walls located in the master baths. Leather and suede finishes are part of the oversized his-and-her dressing rooms. The master suite boasts a midnight bar with a Miele coffee system and refrigerator, a sitting area and an outdoor terrace that overlooks the water.

Photo Credit: Courtesy of The Estates at Acqualina

The 2,375-square-foot garden terrace features a summer kitchen, a sauna, and a private swimming pool—a rarity for residential buildings. The property also features a $2.5 million poolside cabana designed by Fendi with a two-car garage. A separate air-conditioned garage has space for four additional cars, and it comes with a private elevator that offers access to the home for added convenience.

Photo Credit: Courtesy of The Estates at Acqualina

Residents will have access to private amenities such as a spa, fitness center, ice skating rink, golf simulator, bowling alley, Formula One simulator and a Wall Street Trader’s Club. Fashion icon Karl Lagerfeld will be designing the lobbies in the two residential towers, marking the designer’s first-ever interior design project in the United States.

Photo Credit: Courtesy of The Estates at Acqualina

One thousand feet of pristine Atlantic Ocean beachfront awaits outside Casa D’Oro’s doors as well as an extensive range of outdoor amenities available exclusively to residents of The Estates at Acqualina along with the five-star amenities of the adjacent Acqualina Resort & Residences.

Photo Credit: Courtesy of The Estates at Acqualina

Casa D’Oro is priced at $18.5 million. Sales Gallery Address: 17895 Collins Avenue, Sunny Isles Beach, Florida; Telephone: 305.933.6666; Website: www.EstatesAtAcqualina.com

Photo Credit: Courtesy of The Estates at Acqualina Photo Credit: Courtesy of The Estates at Acqualina

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Photo Credit: Courtesy of The Estates at Acqualina

“We are one step closer to completing The Estates at Acqualina,” said Michael Goldstein, President of Sales. “Art, architecture and lifestyle are what we live by. We deliver beauty and a wonderful lifestyle in everything we do.”

The post The Estates At Acqualina Construction Forges Ahead appeared first on Haute Residence by Haute Living.

Photo Credit: Courtesy of The Estates at Acqualina

Casa Di Cielo has five bedrooms, six and one-half bathrooms, a Grand Salon, a Family Room, a Service Room, a Morning Room, and a pool with a cabana bath. The total square footage of the residence is 10,555 sq. ft.

Photo Credit: Courtesy of The Estates at Acqualina

“As with all residences at The Estates at Acqualina, Casa Di Cielo is designed as one of the world’s finest residences,” said Michael Goldstein, president of sales. “The Penthouse will be delivered fully furnished, boasting top-of-the-line appliances, imported stone countertops, smart home technology, and over 20-foot-high ceilings.”

Photo Credit: Courtesy of The Estates at Acqualina

The full-floor penthouse’s generously proportioned living spaces are fully furnished by Luxury Living with Fendi Casa, Baccarat, and Trussardi furniture.

Photo Credit: Courtesy of The Estates at Acqualina

Features of Casa Di Cielo:

• Express elevator access
• 4-car garage
• 21-ft. ceiling heights
• Home office & game room
• Private cantilevered pool on the terrace

Photo Credit: Courtesy of The Estates at Acqualina

Other amenities include:

• 45,000 sq. ft. amenity villa
• Salt Spa and AcquaFit Wellness Center
• Ice-skating rink
• Bowling lanes
• 10,000 sq. ft. restaurant
• Residents-only nightclub
• Wine Room
• Cigar Lounge
• Golf and Formula 1 simulators
• 1,200 ft. beach with direct ocean access
• Flow Rider wave simulator
• Basketball half-court
• 5 Pools
• Soccer Field
• Sculpted gardens
• Service by Acqualina Resort  - #1 beachfront resort in the US
• Rolls Royce House Car
• In-house design team
• Lobby by the late Karl Lagerfeld

For more, contact the Sales Gallery of The Estates at Acqualina at 17895 Collins Avenue, Sunny Isles Beach, Florida; telephone: 305.933.6666; Website: www.EstatesAtAcqualina.com.

Photo Credit: Courtesy of The Estates at Acqualina

The post The Estates At Acqualina Penthouse Listed For $32 Million appeared first on Haute Residence by Haute Living.

Offering an uninterrupted and panoramic view of world-acclaimed Seven Mile Beach, this spacious penthouse sets the precedent for luxury resort-style living. With five bedrooms and four-and-a-half bathrooms, N1002 is the largest residence currently available at The Residences at Seafire. This penthouse floorplan extends across the entire residence tower, allowing for three open-air terraces, which showcase breathtaking views of the Caribbean Sea.

The bright, light-filled great room, boasting 11’ ceilings, is the heart of this nearly 4,000-square-foot residence. Sliding glass doors lead out to a private oceanfront terrace. An ‘L’ shaped custom-designed kitchen features appliances from Miele and Sub-Zero, marine grade custom cabinets, and top-of-the-line finishes such as marble countertops and backsplashes. The master suite features a private, oceanfront balcony, with a large walk-in closet and en-suite bath.

Enjoy access to the shared owner’s rooftop terrace, The Nest, featuring a full bar area and barbeque, cabanas and idyllic sunrise and sunset views. Additionally, residents have access to all the unparalleled amenities of AAA Five Diamond-rated Kimpton Seafire Resort + Spa, just a few minutes’ walk away. The Residences at Seafire has selected a leading curator of design in the luxury lifestyle market, Restoration Hardware, to provide turnkey furniture packages for residents wishing to place their property in the optional resort rental program managed by the same team as Kimpton Seafire Resort + Spa. This package is an available option with this property.

Address: 45 Tanager Way, Seven Mile Beach, Grand Cayman, Cayman Islands

Price: $7,000,000

For more information, please contact Fleur Coleman at +1-345-325-7204 or fleur.coleman@provenanceproperties.com

Provenance Properties is the exclusive Cayman Islands member of the Haute Residence network. To contact them, click on “Learn More” above.

Photo Credit: Courtesy of Provenance Property

Photo Credit: Courtesy of Provenance Property

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Indeed, the town of less than 10,000 residents enjoys a popularity that can rival major tourist destinations like New York, albeit for disparate reasons. No surprise, then, that Park City’s real estate is booming, particularly the market for second homes and vacation properties. To learn more about it, Haute Residence talked to Dennis Hanlon, a prominent local broker with Summit Sotheby’s International Realty.

Park City has a large second-home real estate market. What are some of its most attractive features compared to other ski-resort regions?

One of the unique aspects of Park City is its proximity to Salt Lake City and the Salt Lake City International Airport. Park City is an easy 30-minute drive from the SLC International Airport. The location of the SLC International Airport, just to the west of Salt Lake City, helps ensure that it is rarely closed due to snow or inclement weather. This is particularly attractive to visitors coming in with short vacation windows. Also, Park City has become an attractive second-home market for commuters working in Salt Lake City. The clean air, cooler temperatures and slower pace of life attract many families looking for a lifestyle balance.

Another attractive feature of Park City for visitors and second homeowners is its lower elevation compared to almost all of the Colorado resorts. This is an important feature for many visitors that are coming from sea level or near sea level.

What are some of the most popular enclaves in and around Park City for second homes? What makes them so?

Park City is home to two world-class resorts, Deer Valley Resort and Park City Mountain Resort. The communities near both resorts are extremely popular for second homeowners as they have both the convenience of resort access as well as the ability to rent their homes short-term as vacation properties. Within the resorts are three gated communities, which are highly desirable for high-profile owners or people just wanting an added a level of security. These communities are: Bald Eagle and Deer Crest in Deer Valley and The Colony at Park City Resort. All three of these communities feature ski-in/ski-out homesites with breathtaking views of the Wasatch Range and surrounding areas.

In addition to the resorts, we have several gated golf course communities, which have become very popular for the summer-time crowd. These communities feature homesites and homes on courses designed by Pete Dye, Jack Nicklaus, Mark O’Meara and Tom Fazio.

In addition to all of these resort communities, the neighborhoods of Park Meadows, ThaynesCanyon and Sun Peak have become very popular with second homeowners looking for more of a“neighborhood” feel.

3595 Ridgeway Dr is on the market for $3,590,000.

How did the resort real estate market in Park City fare in 2017? What are your expectations for 2018?

2017 was a very strong year for real estate in Park City. The number of single-family homes sold in the Park City city limits and the surrounding areas increased by 5% since 2016. As home prices inside the city limits increased to an average price of over $1,000,000, we saw more buyers purchasing in the surrounding area.

Condominium sales in and around Park City continued to be very strong as these are very popular with second homeowners. Condominium sales near the Park City Resort increased by 19% over 2016 and Deer Valley sales increased by 18%. Of particular interest is the increase in Deer Valley sales, as it had been relatively flat coming out of the recession.

Like most of our neighboring resorts, our largest obstacle to sales has been declining inventory. As both home and condominium prices have now come back to or surpassed pre-recession prices, owners are not feeling any pressing need to sell. Combine this with the lack of land for new development and we sepe historic low inventory numbers. Despite the lack of inventory, I expect 2018 to be another strong year. The economy is robust and buyers are feeling comfortable about the future.

Where do most people seeking to buy a vacation home in Park City come from? Or is it a rather diverse crowd of buyers?

As I mentioned earlier, Park City benefits from it’s close proximity to the Salt Lake Airport and the Delta hub. For many years I have answered this question by saying that our visitors come from “Anywhere that Delta flies direct” While California and Arizona have traditionally been strong for us as they are less than 2 hours by air, New York, Chicago, Florida, Texas and Washington DC are also very popular markets.

Over the years I have been noticing a new trend of summer visitors coming from the “hot” states of Arizona, Texas, Alabama and Florida. As the weather across the country has heated up, residents of these states have discovered our delightful summers. Warm summer days with cool evenings has made Park City a popular destination for visitors from all over the country.

Park City has also attracted many visitors from Mexico and Central America, again for the ease of access.

What are some of the things buyers need to consider when buying a second/vacation home?

This is a great question and one that is not addressed enough!

First is location. Here in Park City, do you want easy access to a resort and, if so, do you have a preference to which one? Do you want to be slope-side or within walking distance to a resort or do you not mind packing up a car and driving a short distance to the resort? How about walking distance to Main Street shopping and dining; or is being on a bus line important? The closer that you are to the resort or ski access, the higher the price.

Second, is rent-ability. Is renting your vacation home a consideration for your purchase? Not all communities in Park City allow vacation rentals, and with the areas that do allow vacation rentals, there are locations that are more popular for rentals....bringing in more revenue.
Third is price. What is your price range and what can you get for that price? Early in your search determine what is most important in your price, size, location, amenities. For example; a three bedroom condo slope side in Deer Valley can be priced around $1.5 mil and up, while a larger, but older condo in town might be priced under $1 mil.

Fourth is future development. This one is often overlooked and should never be. A condominiumor home that has wonderful views and great access to skiing or hiking trails may lose thoseamenities or be severely impacted by future developments. While many of the resorts in the west are on Forest Service Land, Park City is unique in that the majority of the land that the resorts are on and the area surrounding the resorts is privately held. So, what you see may not be what you get “forever.”

Fifth is amenities. Are pools, hot tubs, tennis courts or other recreational amenities important? Is covered parking or a private garage a necessity? These can vary by development and can affect both the purchase price and rent-ability.

77 White Pine Canyon Rd is offered at $9,500,000.

If owning a vacation home is part of a person’s investment plans, what are the intricacies that buyers might not be necessarily aware of?

Vacation properties like any investment are subject to the whims of the economy and it seems like resort properties are even more so. As many of our homes and condominiums near the resorts are owned as second homes, a downturn in the economy can have a larger impact than in metropolitan markets. “Nobody needs to buy a second, third or fourth home” so, in bad times,these are the first purchases to be put on the back burner.

Financing can also be tricky, as the majority of our resort condominiums are used as rental properties when the owners are not here. This can become a major stumbling block for many lenders as they tend to look unfavorably at projects with high numbers of units that are rentals. Another item to be aware of is for what purpose are you going to purchase this property; as a second home, primary residence or investment property? Each of these purchases could have very different interest rates, terms of the loan or buyer qualifications. This is where a local lender is crucial, one who knows the local market and how to position the loan package.

Another area of interest is, again, looking at future developments near the area that you are considering. Future developments may increase or decrease the value of a given property, so it is important to understand what can be built nearby and what affect it could have on the property that you are considering.

Dennis Hanlon is the real estate agent exclusively representing the Park City, Utah real estate market as a part of the Haute Residence Real Estate Network. View all of his listings here. 

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