Hedge fund billionaire Suneil Setiya is said to be in talks to buy a massive London penthouse for around $153 million. The 14,000-square-foot unit that the Quadrature Capital founder is eyeing is located in the luxury residential complex known as One Hyde Park, according to Bloomberg. The unit has no internal walls and is completely unfinished, making its price tag all the more jaw-dropping. The deal would be one of the priciest residential sales to
$62M estate is Santa Barbara’s most expensive home for sale
A picturesque 13-acre estate owned by the late actor Stuart Whitman has just hit the market for $62 million, making it the most expensive property currently listed in Santa Barbara, the L.A. Times reported. According to the paper, the second-priciest home in Santa Barbara county is the nine-acre compound owned by Ellen DeGeneres and her wife, Portia de Rossi. The couple listed their home in October for $40 million. Whitman owned the ranch, which is
Cherry tree’s gone, but rest of estate will cost you $60M
A 16,000-square-foot mansion situated on a piece of American history is about to hit the market for $60 million. The massive home, known as River View Estates, was built on land that was once part of George Washington’s Mount Vernon estate, according to the Wall Street Journal. It’s reportedly the most expensive home listing ever in Alexandria, Virginia, which is about eight miles from Washington, D.C. The mansion is owned by Robert Stevens, a former
These small US cities have exploding luxury markets
The shift from the nation’s top markets to secondary markets is accelerating. Coldwell Banker’s “State of Luxury 2020� report picked out several secondary markets to watch alongside some larger markets that still have room to grow, according to Inman. The top markets to watch are Boise, Idaho; Charlotte, North Carolina; Colorado Springs, Colorado; Cincinnati, Ohio; and Fort Worth, Texas. The list was based on an analysis of job and population growth against sales-price-to-list-price ratios, days
Fredrik Eklund talks LA condos, the mega-luxury market and patience
“Million Dollar Listings� star broker and recent Los Angeles transplant Fredrik Eklund says condominiums are the new wave in his new West Coast home, where mansions in the hills have been the default in the luxury stratosphere. The Douglas Elliman broker told Mansion Global that new projects in L.A.’s tony neighborhoods like Beverly Hills are presenting new options for buyers. Eklund is selling units at the recently built 8899 Beverly building. “Vertical living didn’t used
This week in celeb real estate: Howard Hughes’ former Beverly Hills home hits auction block, Brie Larson takes a loss…and more
Los Angeles homes linked to two Oscar-winning actresses and an Oscar-winning director made the news this week. Brie Larson — Laurel Canyon — and Reese Witherspoon — Zuma Beach — both sold their houses. In Encino, the former home of director Ron Howard hit the market. The Beverly Hills home that once belonged to tycoon and Hollywood producer and director Howard Hughes was set to be auctioned off. And a Kanye West creation, the “Star …