unique homes usa - winter 2016

7/25/2019 Unique Homes USA - Winter 2016

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OUTLOOK 2016

Predictions from the ExpertsThe Impact of International Buyers16 Luxury Markets to Watch

SPECIAL REPORT

The Many Lifestylesof Florida

CELEBRATING OUR 45TH YEAR

On the Cover:A Striking St. Barth VillaOverlooking the Caribbean


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Deanna Zugheri

Houston, Texas

281.658.4514

Yetta Dekker

Ontario, Canada

613.860.4663

Irene Kaushansky

& Philip Brown

Toronto, Canada

416.259.2444

Joe & Debi Stein

Danville/San Ramon Valley, CA

800.239.2534

Rachel Betz

Denver, Colorado

303.534.5000

J. Andrew Arlegui

The Carolinas

704.813.1320

Terri Eisenhauer

The Foothills & Western NC

828.674.1508

Tammy Cothran

West Kentucky

270.752.4712

Brandy Coffey

Sarasota, Florida

877.308.6311

ELEGANCE BACKED BY EXCELLENCEKW Luxury Homes International is an exclusive, elite and

sophisticated group of real estate consultants who raise thebar for service in the upper-tier home market.

Lauren Gardiner

Colorado Foothills

720.205.7857

Stacy Derogatis

Gwinnett County, GA

678.699.0000

Kim Spears

Treasure Coast, Florida

772.263.2505

Bart Gillis

New Orleans, Louisiana

504.915.1961

Carl & Christine Battista

Denver, Colorado

303.500.2414

Masha Halpern

Chapel Hill, North Carolina

919.414.0337

Dotty Hopkins

Napa Valley, California

707.815.7630

Renee Moore

Southwest Florida

239.281.4794

Maverick Commins

Paradise Valley, Arizona

623.910.7431

Bert Aronson

Carmel, California

831.521.9059

Robert Ross

Wellington, Florida

561.758.6185

Patti & Gary Cason

Lake Keowee, SC

864.903.1234

Heather Murphy

Savannah, Georgia

912.398.6368

Anna Kilinski

Atlanta, Georgia

678.400.9151

Michael Hilgenberg

Palm Springs, California

760.770.1555


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Martin Bouma

Ann Arbor, Michigan

734.761.3060

Kristen Christianson

Minneapolis, Minnesota

612.616.8591

Bob Lucido

Maryland

410.979.6024

Wyatt Poindexter

Oklahoma City, Oklahoma

405.417.5466

Brian Frere Home Team

Tulsa, Oklahoma

918.298.6900

Kat Brooks

Austin, Texas

512.656.2722

The EZ Sales Team

Mike Zinicola & Megan Cuevas

Cleveland, Ohio

440.465.4444 / 330.888.3514

Mary Hickey

Austin, Texas

512.796.4245

Weldon Rigby

Houston, Texas

713.621.2555

Monshaugen & Sellers

Montgomery County, TX

936.525.3220

Laurie Morgan Shrank

Akron, Ohio

330.836.4300

WWW.KWLUXURYHOMES.COMPlease visit our website to find a luxury real estate consultant in your area.

Luis Ricardo Fernandez

Coral Gables/Coconut

Grove, FL / 786.376.3161

Simon Shingleton

Oklahoma City, Oklahoma

405.633.3611

Dwight Zaudtke

Washington County, MN

651.379.4105

JP Montalvan & Joshua Oliver

Washington, D.C. area

301.922.3700 / 202.243.7700

Gene Arant

Austin, Texas

512.261.1000

Gayle Garrity

St. Croix River Valley, WI/MN

651.303.4582

Brandie Mathison-Klein

Orlando, FL

386.866.1155

Gary Segal

Montgomery/Bucks County, PA

215.646.1600

Brian Kemp

Central Ohio

614.825.0288

Bill Weidacher

New Hampshire

603.661.7818

Naoji Moriuchi

Moorestown, New Jersey

609.781.0080

Diane Kink

The Woodlands, Texas

281.364.4828

Nathan Dickey

Portsmouth, New Hampshire

603.610.8500 ext. 513


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8 UniqueHomes.com

Winter 2016Volume 45, Number 1

State & Country Index

Features

InsideEditors Letter

Unique Spotlight

Waterfront Properties

Luxury Waterfront Specialists

Unique Places

Luxury Ski Specialists

Advertiser Index

10

20

65

81

94

102

112

13 Cover Story

Athena

Nestled on a hillside on the island of St.

Barth, this property is a much desired,

one-of-a-kind rarity.

BYCAMILLAMCLAUGHLIN

22 45 Years of LuxurySteady As She Goes

Unique Homes presents its 2016 luxury

real estate outlook, and 16 markets to

watch in the coming year.

BYCAMILLAMCLAUGHLIN

65Waterfront Properties

Thirsting for the Water

Six trends were tracking in

waterfront properties.BYCAMILLAMCLAUGHLIN

73Waterfront Properties

A Wave of Opportunity

Inventory is growing and the market is

looking promising for buyers in Hawaii.

BYCHRISTINEAEBISCHER

96 Unique Places to Ski

Carving Out ConfidenceWe focus on Utah and Colorado as we

look at the latest in ski properties.

BYKIRSTENNIPER

111 In Closing

Accidentally, With Purpose

Debbi DiMaggio is dedicated to helping

new agents thrive and collaborate.

BYSARAHBINDER

PHOTOBYLAURENT

BENOIT

WIKIMEDIACOMMONS\PHOTOBYASPENSKIINGCO.

Arkansas 86

California16-18, 68-72, 83-85, 87, 89

Colorado 86, 98-100

Connecticut 30

Florida40-64, Inside back cover, Back cover

Georgia 6-7, 28-29

Hawaii 17, 74-75

Maryland 80

Massachusetts 28, 30-31

Montana16

New York 32

North Carolina 86, 88

Pennsylvania 90

Tennessee 86

Texas82, 86

Utah101

Vermont89

Virginia 79

Washington 66-67

INTERNATIONAL

Bahamas 76-77

Canada 87, 92-93

Costa Rica 18

French Polynesia 18

Italy 18

Panama 86

St. Barth 14-15

8 UniqueHomes.com

73

96

13

33 Sweepin the Clouds Away

The Sunshine State accommodates a

remarkable range of pursuits, suitingevery imaginable passion. From

equestrian activities to golf, beaches

to boats, and family fun to nightlife,

the possibilities for fun in this state

shine brightly.

BYROGERGRODY

Florida LuxuryLifestyles

COVER PHOTO BY LAURENT BENOIT


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There is a special gift associated with a 45th anniversary the sapphire.

Its true ... I looked it up. And although it is definitely not a well known fact, amazingly,

its one that is quite appropo for this issue, the first in our anniversary year. Why?

Because, sapphires are known as stones of wisdom and jewels of history, and this

issue includes our annual Outlook for 2016, which is filled with the wisdom and insights

of top luxury real estate experts, many of who have been involved in the high end almostas long as we have.

So, what did they have to say? Well, just like that great, old, happily

married couple, it was steady as she goes with the luxury market

in the last year. As writer Camilla McLaughlin notes, 2015 will

go down as another stellar year. That has everything to do with

steady growth, significant sales and an overall strong market,

which were just a few of the comments experts offered aboutwhere things stood as we say goodbye to another year.

In an industry as cyclical as real estate, looking back

is a great way to gain perspective and help frame and predict

the future, so within the Outlook we also took a trip to a past

anniversary issue, our 25th. To see what trends started around this

time, and to get insight into some of the expectations for 2016 as

well, turn to the article, found on page 22.

When you discuss luxury and trends, Florida is one of the high-end locales that is apart of most conversations. There is so much depth to this market, especially from lifestyle and

topography aspects, and so we dedicated a very special section of this issues waterfront focus

to a state where the list of amenities and locations for luxury living is as long as its stunning,

soughtafter coastline. Floridas Luxury Lifestyles section begins on page 33.

Until next time

Copyright 2016 duPont Publishing, Inc. All rights reserved. Reproduction in whole or part without permission is prohibited. UNIQUE HOMES is a registered trademark of duPont Publishing, Inc.

PRINTED IN THE U.S.A. For Subscription and Circulation questions: (888) 792-1771. Six issues $24.97, 12 issues: $46.97 in the USA and its environs. Add $21 per year in Canada (includes

GST) and $30 per year in all other foreign countries. Postmaster: Send address changes to duPont Pub lishing, 3051 Tech Drive, St. Petersburg, FL 33716. Published b i-monthly by Unique Homes

magazine, 327 Wall Street, Princeton, New Jersey 08540. ISSN# 0747-7465.Canada Post PM 40063731. Return Undeliverable Canadian Addresses to: IMEX Global Solutions, P.O. Box 25542, London, ON N6C 6B2.

PUBLISHERRichard A. Goodwin

EDITOR IN CHIEFKathleen Carlin-Russell

MANAGING EDITORMark Moffa

EDITORIAL/ADVERTISING COORDINATORS

Kirsten Niper, Christine Aebischer &

Stacey Staum

EDITORIAL INTERNPeter Fiorilla

ART DIRECTORJonathan Bayley

PRODUCTION MANAGERWendi Lauber

EDITORIAL OFFICE

877.688.1110 / 609.688.1110

Fax: 609.688.0201

327 Wall Street, Princeton, NJ [email protected]

DIRECTOR OF SALES

Bruce Griset

888.928.9020 / 919.928.9020

[email protected]

DIRECTOR OF NEW BUSINESS DEVELOPMENT

Nick Antonicello

800.732.4092, Ext. 14 / 310.574.1907

[email protected]

ASSOCIATE DIRECTOR OF SALES

Christina Lodar

[email protected]

INSIDE SALES REPRESENTATIVE

Steven Easley

877.688.1110, Ext. 300

[email protected]

EXCLUSIVE ASIAN REPRESENTATIVE

Xiannian (Sean) Ye

847.380.1853

[email protected]

ADVERTISING SALES

888.928.9020 / 919.928.9020

327 Wall Street, Princeton, NJ 08540

On the Web:UniqueHomes.com Unique Homes Luxury Media

@myuniquehomesTM

10 UniqueHomes.com

editorsLETTER

BYKATHLEENCARLIN-RUSSELL


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ust the architecture alone would make the villa featured

on our cover an outstanding property, no matter where

it was located. But being nestled on a hillside on the

island of St. Barth makes it one of those much desired, one-of-

a-kind rarities.

Although the Caribbean has no lack of waterfront luxury, there

are few, if any, islands quite like St. Barth, where European ambience

combines with opulence and authenticity. Sitting in one of the cafes,its easy to feel that you might be in Paris until you take in the blue

of the sea and any one of the stunning beaches.

Athena, our cover star, sits above a curve of coastline, one of

the islands prime settings, and is positioned to maximize privacy

and views. Expanses of sliding glass walls open the interior to water

views, rolling hills and the gentle sound of the surf. Contemporary

and well-conceived interior spaces incorporate elements of the

traditional Colonial aesthetic. Vaulted beamed ceilings soften

and enrich the clean lines. Outside, weathered wood balances the

expanse of glass and connects the home to the surrounding natural

setting. The design is modern, yet timeless. An extra-long heated

pool extends along the side and back of the house. Multiple terraces

flank each level.

The architect has configured the home on three levels,

integrating six bedrooms into the main house. Two are comparable

to master suites and a third master retreat is located a few steps awayin a separate bungalow. There are two generous indoor/outdoor

living areas as well as a kitchen and butlers pantry suitable for a

private chef or caterer.

This property is well suited for families or groups of friends but

is equally welcoming as a solo getaway, says Tom Smyth, co-owner,

St. Barth Properties Sothebys International Realty, who is listing the

villa. St. Barths active rental market also enhances the investment

aspect of any purchase. This home is listed for 10.9 million.

For more about the cover property, see pages 14-15

Athena

J

By Camilla McLaughlin

COVERSHOWCASE

PHOTOLAURENBENOIT


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COVERSHOWCASE

The turquoise waters of the Caribbean Sea form the perfect

backdrop to the many rooms, patios and well-designed outdoor

spaces that comprise this magnificent villa. Configured over

three levels, it offers an unparalleled level of luxury, comfort

and amenities. Floor-to-ceiling glass windows separate the air-

conditioned indoor living spaces from a series of terraces that

overlook the beach at Anse des Cayes and the sea beyond.

Its extra-long, heated swimming pool is one of the villas

focal points and a pool bar is ideal for entertaining. All this is

surrounded by seemingly endless views of the Caribbean.

The views continue throughout the two indoor living/diningareas that are spacious and well-appointed, with one connecting

directly to a sleek, chef-worthy kitchen and a guest bath. The

seven bedrooms include a stunning master suite located in a

separate bungalow with an outside shower. All have beautifully

appointed en suite baths, terraces and a view of the sea. Two

mid-level bedrooms are master-sized and four additional guest

bedrooms are located on the lower level.

Athena is being offered for 10,900,000.

ARCHITECTURAL STYLE

CONTEMPORARY CARIBBEANBEDROOMS 7 BATHROOMS 7.5 SQUARE FEET 4,415+

FEATURESA STUNNING LOCATION, BREATHTAKING SEA VIEWS AND AN AMAZING RESORT-

STYLE POOL AREA CREATE NUMEROUS AREAS TO RELAX OR ENTERTAIN.

Athena

Tom Smyth | St. Barth Properties Sothebys International Realty508.570.4481 |[email protected] | sothebysrealty-stbarth.com

PHOTOSLAURENTBENOIT


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THE BRADBURY ESTATE CONSISTS OF7 bedrooms and 10 baths,

and is made almost entirely of French limestone. Features include 40-foot

vaulted ceilings, 6 large fireplaces, domes with hand-painted frescos and

Venetian plaster masterpieces. Never before offered for sale, this residence

in the guard-gated Bradbury Estates sits on a promontory with unparalleled

city, canyon and ocean views. Ranked by Forbes as one of the most expensivezip codes in America, this compound was constructed after over 8 years

of construction by consummate craftsmen. www.BradburyEstate.com.

Offered at $48,800,000

The Bradbury Estate, Bradbury, California

A GORGEOUS VINEYARD ESTATE is amidst 101 acres of East

Bay Vineyard. The outbuildings total 26,739 square feet, including the

10,000-square-foot main home, a car barn, 1-bedroom guesthouse and

a pool house. Features include limestone fireplaces, crystal chandeliers,

an elevator and a pool with a spa. Host parties in the banquet-sized

dining room. The 748-square-foot wine cellar has a dining area,dumbwaiter, wet bar and custom temperature-controlled wine storage

for 5,000 bottles. Balconies and decks offer panoramic views of the

vineyards, Las Trampas foothills and beyond. www.10SerenityLane.com.


Furlong Estate, Bradbury, CaliforniaSerenity Vineyard Estate, East Bay Area, California

THIS MAJESTIC MOUNTAIN AERIE, Shelter Island Estate, sits

atop a solid granite foundation on 24-acre Shelter Island, rising from

Montanas Flathead Lake, one of the top 3 cleanest lakes in the world.

This rare offering, currently the largest private home in Montana, features

over 32,000 square feet of structures and commands 7,000 feet of prime

lakeside frontage, extremely unique for private ownership. The estate isnext to Glacier National Park, yet another facet of this incredible jewel of

a property. www.MontanaIslandEstate.com.


Shelter Island Estate, Montana

PALATIAL MEDITERRANEAN MANSIONon 3 lush, palm tree-lined

acres with city and mountain views in prestigious Bradbury Estates. This

brand-new remodel of 2013 features an intricately designed living space

awaiting behind grand double-entry doors opening to an elegant chandelier,

double staircase and exquisite marble work. A beautiful pool with a grotto

and slide, waterfalls, a pool house/cabana, bar and tennis courts offer idealoutdoor entertaining space. Also enjoy 7 master suites (5 with their own

balcony), a gourmet kitchen, library/study, 2 steam saunas, a 4-car garage,

RV parking and a 3-bedroom, 3-bath guesthouse. www.FurlongEstate.com.



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BALI HAI VILLA IS A BEAUTIFUL AND LUSH ESTATE located in the

most unique spot on the North Shore of the Garden Island of Kauai. The

3.7 acres of pristine land are located on a spectacular white-sand beach with

crystal-clear water that is perfect for swimming, diving, fishing, snorkeling and

surfing. Bali Hai Villa is surrounded by stunning mountains and spectacular

flowing waterfalls. This enchanting property also features a private, tree-lineddriveway and a charming 3-bedroom cottage. www.BaliHaiEstate.com.


Charos Bali Hai Villa, Tunnels Beach, Kauai Morning View Estate, Malibu, California

THIS BRAND-NEW HOME is elevated to the highest level of luxury and

was designed by Kaaren Khoudikian, AIA. Located in the Zuma Canyon

neighborhood of Malibu Park, this 11,000-plus-square-foot house sits on a

5.43-acre lot with expansive ocean views. Warm and sophisticated finishes are

beautifully partnered together throughout. Amenities include an open gourmet

kitchen with stainless steel appliances, granite countertops, a butlers pantry, 2master suites, 4 additional en suite bedrooms, an office, gym and a spa. There is

also a private maids quarters with a full bath. www.MalibuMorningView.com.


REMARKABLE ARCHITECTURAL DESIGN AND HANDSOME

FINISHESdefine this 7-bedroom, 7-bath custom-built home with

panoramic views. The main home features over 11,000 square feet of living

space and a guest suite offers a complete private kitchen and living space.

Entertaining space on the lower level features a modish home theater,

ice cream parlor/bar, gaming areas and access to a 5-car subterraneangarage. Outdoor living and dining areas with a well-equipped kitchen and

barbecue space sit atop entertaining grounds and the infinity pool and spa.


ENTER TO A SPECTACULAR 2-STORY BALINESE-STYLE ,

architectural home with walls of glass in a private setting of lush grounds,

water features and towering bamboo. Also find a huge formal dining room

and a combination of 4 bedrooms and 4 baths, 2 of which are master suites

with expansive decks. There is also a pool/spa, unique fireplaces and the

finest of finishes throughout. This amazing property is priced for immediatesale. www.BaliParadiseEstate.com.


Greencrest Drive, Yorba Linda, California Bali Paradise Estate, Santa Monica, California


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Own The Property Of A Lifetime, French Polynesia Villa Montalcino, Siena, Italy

OFFERING 15 WATERFRONT HOMES AND 2 RESORT VILLAS.

Fully managed and serviced by Four Seasons, the private residences on

Bora Bora represent one of the most exclusive resort-home opportunities

in the world. Providing either lagoon or Pacific Ocean frontage, these rare

homesites range from half of an acre to 1.25 acres.

Offered at 3,500,000 to 8,900,000

ENCHANTING 16TH CENTURY VILLAcan transform into a boutique

Hotel de Charme of 18 to 20 rooms. The villa is currently subdivided into

3 independent units, each with 4 bedrooms, 4 baths, a kitchen and a living

room with garden and country views. Renovated using materials by local

artisan construction techniques. www.MontalcinoEstate.com .

Offered at 3,800,000

THIS SEXY MODERN MASTERPIECE has the most commanding views

of any estate, perched high above Palm Canyon Drive in the star-studded

enclave of Southridge, at the pinnacle point of The Palm Springs Hills.

Behind security gates, guarded 24 hours a day, the stone house is built with

stone, marble, wood, state-of-the-art technology and floor-to-ceiling walls

of glass. Store exotic cars in the stone-lined garage. Entertain guests at theprivate bar, full outdoor kitchen, putting green, travertine shuffle board

court, fire pit and the resort-style pool and spa against the desert city lights.


La Piedra, Palm Springs, California

EMBRACE PANORAMIC LIVING in the ultra-luxurious Cosmopolis

development, situated within the lush mountains of Herradura and reflecting

some of the most stunning, cutting-edge interior and exterior architecture.

Built with attention to the smallest, yet exquisite details and features, each

residence incorporates a stunning modern design with a comfortable feel. As

a luxury vacation getaway, international tennis resort and club, corporateretreat or retirement home, Cosmopolis offers splendor, functionality and

extravagance.

Offered from $1,500,000 - $2,500,000

Cosmopolis, Herradura, Costa Rica


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HURWITZJAMESCOMPANYMarketing Estates WorldwideNew office locations in Shanghai and New York

Offering the Highest Level of Buyer Representation

Expert Negotiation Discretion Confidentiality

When the Owners of the Worlds Most Exclusive Estates Decide to Sell,They Call One Company

Italy Ukraine Mexico La Jolla South Africa

SOLD - Razor House

SOLD

Bob Hurwitz310.477.8865

[email protected]

California Hollywood Bora Bora California Malibu Italy Italy Rancho Mirage

PARTIAL HURWITZ JAMES INVENTORY

Canada Montana

SOLD - Murphy Estate

SOLD

SOLD - Entourage Home


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20 UniqueHomes.com

unique

SPOTLIGHT

BYSTACEYSTAUM

UNMATCHED WINTER AMENITIES OVER $10 MILLION

SThe 2.9-acre Beverly Hills estate of Hollywood legend

Charlton Hestonhas been offered for $12.249 million.

The estate boasts mountain views from almost every

room. The generous master suite offers dual baths and

walk-in closets, an office and a 2-story library. Additional

features include a private office with a balcony, a formal

dining room with Terrazzo floors, a marble bar, two ensuite bedrooms and maids quarters. Outdoors, enjoy

a built-in barbecue, pool, meditation area and a tennis

court. The tennis pavilion features a two-story observation

deck, an art studio, a screen room and an additional

bedroom and bath.

Source:Myra Nourmand and Howard Stevens, Nourmand & Associates

A Greenwich Village prewar condominium currentlyowned by actress Cameron Diazhas been listed for

$4.25 million. The two-bedroom home was designed by

famed interior designer Kelly Wearstler. All of the rooms

enjoy a sun-filled southern exposure and reflect custom,

artisan craftsmanship. The gourmet kitchen features

emerald green cabinets and appliances, with a brass

backsplash and countertop. The master suite features

custom closets and cabinets, and antique gold and

mirrored glass accents. The master bath boasts glass

tiles and a custom parchment-covered vanity. All therooms have electronic blackout shades, touch-control

lighting, and original oak floors.

Source:Rebecca Edwardson, Warburg Realty

CELEBRITYESTATES

A contemporary mountain residence has been listed

in Jackson, Wyoming for $15 million. Built into the

hillside and protected from the elements, this four-

bedroom, four-full- and two-half-bath home set on

over four acres boasts imported Kota stone from

India and floor-to-ceiling operating windows that

offer 270-degree panoramic views of the Yellowstone

Caldera, eton Mountain Range and Sleeping

Indian. Residents enjoy nearby cross-country skiing,

snowshoeing, sleigh rides through the National Elk

Refuge and ice skating on the own Square.

Source:Graham-Faupel & Associates, Jackson Hole Real

Estate Associates, Christies International Real Estate

Te slopeside location of this rustic masterpiece

offers ski-in/ski-out access to the Jackson Hole

Mountain Resort. he 7,500-square-foot log

residence has been listed for $12.75 million,

and features five bedrooms, four and a halfbaths, a gourmet kitchen with a breakfast bar, a

home theater and a luxurious master suite with

a floor-to-ceiling fireplace and a well-appointed

master bath. Te property is serviced by a private,

groomed skier easement, leading to a ski valet

room with cubbies, racks and book driers.

Source:Brett McPeak, RE/MAX Obsidian Real Estate

Beautifully renovated inside and out, a home in

Bald Eagle, Utah has been placed on the market

for $11.5 million. Offering ski-in/ski-out access

to Silver Lake and Snow Park, the six-bedroom,

eight-bath home offers breathtaking views from

Bald Mountain to Park City and Canyons. Features

of the home include radiant floor heating, a

snowmelt patio and driveway, an open chef s

kitchen with top-of-the-line appliances, hand-

scraped hardwood floors and European stoneexterior and interior finishes by R.J. Masonry.

Source:Ann MacQuoid, Berkshire Hathaway HomeServices

Utah Properties Stacey Staum


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23UNIQUE HOMES

Steady As

She GoesUnique Homes presents its 2016luxury real estate outlook.

By Camilla McLaughlin

Expectations are that 2015 will go down as

another stellar year for luxury real estate.

Although the outlook may be bullish, there is

also a growing consensus that the high end is settling

into what some consider a normal market. But normal

doesnt necessarily mean a return to historic sales

patterns, architectural styles or consumer values of

even a few years ago.

Steady growth in the marketplace is whatAnthony Hitt, CEO of Engel & Vlkers North America,

sees. I dont think we are going to see any huge

increase, but I dont expect it to be going in the other

direction at all.

John Brian Losh, LuxuryRealEstate.coms pub-

lisher, aptly characterizes the outlook as Go, go, go.

I think this has been a good year in terms of lux-

ury real estate across the board for us, shares Philip

White, president and CEO of Sothebys InternationalRealty. We have had significant sales really in every

region, and some price points are up significantly more

than others, he says. Aspen, and Colorado in general,

seems really strong. At press time, Sothebys has one

of the highest priced listings in the country, Le Palais

Royale in Hillsboro Beach, Florida, at $159 million.

Even though inventories have been relatively low

for several years, David Cabot, president of Berkshire

Hathaway HomeServices California Realty, says his

company has had an extraordinary year, much betterthan 2014, selling over $1 billion in the $5 million-plus

bracket in 2015 alone. California coastal properties

have come back and exceeded pre-recession highs,

with anything on the water selling quickly at very high

prices, he says.

Anne Miller, brand manager for he RE/MAX

Collection, says What Im hearing overall is that

luxury is still a really big adventure for everyone in

the sense that they [RE/MAX agents] feel that its still

a very strong market. I am not seeing any slowing or

anything like that.

Both the overall market and the luxury market

have largely recovered from the Great Recession, saysKathy Neu, president of the Luxury Homes division of

Keller Williams. Were seeing balanced markets in a lot

of locations and sellers markets in the hottest markets,

where multiple offers are the norm. We expect 2016

to be a year of growth for both the overall market and

the luxury market, though perhaps not quite as strong

as 2015. Our leading indicators are well ahead of last

years pace, which suggests momentum heading into

Quarter 1.Across the board, the housing recovery is alive

and well, and the industry outlook for the next two to

three years is a positive one, observes Sherry Chris,

president and CEO of Better Homes and Gardens Real

Estate. We expect the same for 2016, driven by a con-

tinued influx of international buyers. Troughout the

country, the luxury market has been accelerating.

Strong fundamentals, including an increase in

household formations and a move among Millennials

and renters towards a home purchase (the second stepof the two-stage recovery forecast of several years ago)

are expected to bolster real estate overall. Frank Nothaft,

chief economist at CoreLogic, says 2016 may be the

best year since 2007. His forecast sees home prices

45thANNIVERSARY

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24 UniqueHomes.com

Trending

outpacing inflation and increasing by 4 to 5 percent,

compared to a 6-percent increase in 2015.

In the mid- to top-tier price points, Frank Malpica,

senior director of product development and brand

engagement for ERA Franchise Systems, expects

macroeconomic factors such as an improving job

market and the prospect of a rate increase to lead to

higher consumer confidence, which will fuel purchases.

Noting that 2016 represents the sixth year of eco-

nomic recovery in the U.S. and the fourth year of the

housing recovery, Budge Huskey, president and CEO of

Coldwell Banker Real Estate, also looks to continued

progress in both the general market and luxury. Teres

no reason to believe that were not going to see that as

we move into 2016, albeit it will be at a less acceleratedpace than the last couple of years, which arguably will

be a pace that is more sustainable over the long run

and healthy for real estate in general.

A lot like 2015 is Paul Boomsmas expectation

for the coming year. I dont see the market getting

any hotter, says Boomsma, the president of Luxury

Portfolio International. I think that weve pretty much

gotten back to what has been considered normal for

luxury. When the market was overheated, there was

some scarcity. Ten we got into a frenzy, but that really

isnt traditional for a luxury property, and its not true

of most luxury products, he says. Sales within days,

multiple offers within hours of a property hitting the

market, hallmarks of post-recession luxury, are tradi-

tionally not the norm for the high end.

Boomsma explains: Historically, when someone

put a top-tier property on the market, the expectation

was that if it sold in a year that was pretty good. Weve

reconditioned ourselves to think that when you putsomething on a market, it should have multiple offers

in a week. But most of these properties are unique in

their own right, and the other thing is, the person whos

going to purchase it doesnt need it tomorrow, so theres

not an urgency to purchase.

Although turmoil in some foreign economies

is adding a note of caution to some forecasts,

particul arly the high end, many do not foresee

any substantial pause in international buying. We

anticipate a continued influx of international buyers

to U.S. luxury markets, said Gino Blefari, CEO of HSF

Affi liat es LLC. Buyers are not only looking for

splendid properties, but better yields on their

investments, as the U.S. offers the security of a

growing economy and stable currency.

Losh believes the perception of the U.S. as a safe

haven for investment is not going to change and own-

ing property in the U.S. will remain the ultimate status

symbol for international buyers, making it the RollsRoyce of real estate.

High-net-worth individuals in the U.S. continue to

lead the worldwide recovery in wealth. Last year, their

number increased by 8.6 percent to 4.4 million, while

their investable wealth grew by 9.4 percent to $15.2

trillion, according to the latest data from Wealth-X.

Still, Lawrence Yun, chief economist for the

National Association of Realtors, sees the luxury fore-

cast as a bit of a wildcard, which could easily increase

further, or, it begins to retract and retreat somewhat,

because there are two forces at work. Since the affluent

are more than financially capable, Yun says the ques-

tion then becomes one of confidence. He points to

growing concerns about a global economic slowdown

and corporate profits. Also, simply from the standpoint

of tax planning, the pending presidential election may

place some, especially baby boomers, in a watch-and-

wait mode.

Cabot says, Tey are optimistic, but they aregoing to wait until after the election. In most cases

they have accumulated equity and a few have paid

their homes off.

Yun cites China as another potential wildcard.

Luxury Turning Points

While the 1980s long have been

touted as the decade of over-the-topluxury, Paul Boomsma, the president of

Luxury Portfolio International, believes

the real turning point for luxury came a

decade later with the dot-com boom of

the late 1990s. I think that was actually

more pivotal than the 1980s in the

sense that there was a lot of new money

created very quickly for people at ayounger age, and I think it drove a new

space of luxury.

Suddenly, a younger generation

had the means to build and renovate.

Thats when we started to see more

money going into lower Manhattan, for

example, for the first time. And to me

that really changed things. Becausereally, in the 1990s, there wasnt a lot

of contemporary. Luxury was still a little

more old school. Even new construction

was built to look like the older estates.

The current generation of buyers is

also looking for something new views,

floor-to-ceiling windows, and lots of

amenities. They dont want to live in their

parents house. You dont want to live in

somewhere that feels like going to visit

grandpa and grandma, Boomsma adds.


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25UNIQUE HOMES

He explains: I think there will be less buying from

European countries just because of their economic

sluggishness, so now the question is whether theemerging market is able to pick up the slack, and the

dominant one in the emerging economy is China.

Other areas of concern on the international front

include a potential recession in Canada.

Still, Yun anticipates enough domestic economic

activity to withstand potential global weaknesses. He

looks to home building as a new source of domestic

activity. Also, he says, Te Mexican economy is doing

decently and we may actually begin to see more

purchases from Mexico.

Expectations among brokers regarding China

are mixed. Because of the wobbliness of the Chinese

economy, many believe potential buyers who are able

will continue to invest in U.S. real estate, which they see

as a secure, stable investment, while others who have

lost money in the Chinese stock market may not have

the cash to invest. Another obstacle is a limit on the

amount of money that can be taken out of the country.

Already, there are reports of Chinese nationals applyingfor mortgages because of this limit.

Miller says its important to understand the China

market may have decreased by a smaller percentage,

but its important not to lose sight of how much has

been gained. Tey might just be coming back to the

norm, she says.

One noticeable change in buyer attitudes thatis just beginning is, according to Hitt, a shift toward

properties in great locations that have the amenities

and finishes, but in lower price brackets. I think peo-

ple are actually buying properties to live in them or to

use them more frequently than maybe we were seeing

a few years ago. Tis is a trend I am hearing from our

agents in New York City and Ive seen a little bit of that

now in Miami as well, he says.

Looking back, Cabot says, Tere was a period

when people were buying the biggest possible house.

We are seeing a lot more realism today. People are

buying a home they want to live in and that will be a

good investment. Tis is especially true for downsiz-

ing buyers who may be looking for a smaller footprint,

but still want amenities similar to what they had in

their old house. Miller illustrates, Tey still want this

gorgeous built-out backyard, but it might not be on 20

acres, it might just be on one acre. Tey still want the

same luxury amenities and they are still willing to paya price for that.

At year end, speculation about price bubbles

began to float in the media. While one or two markets

might be in bubble territory, few of the factors that led

TWENTY YEARS AGO, when Unique Homes hit the 25-year milestone, the country was in the beginning of a recovery from the last

recession. A look back to this anniversary year shows many of the trends that have shaped real estate recently actually began then.

A good example is Boston, where leading-edge Boomers were just beginning to move back to the city or trade a Chestnut Hill estate

for an apartment in the city and a home on the Cape. Also the last years of the 1990s, according to Unique Homes anniversary issue, sawmoneyed scions from Europe and the Middle East buying real estate for graduate and undergraduate students.

In Chicago, the back-to-the-city move was sparking condo conversions. Manhattan was experiencing the first expansion of luxury with

best addresses extending beyond Park and Fifth avenues to the seventies and eighties.

to the crash are in place. Lending is still restrictive and

price increases in most locations are based on market

conditions.Inventories, either a lack or excess of marketable

homes, will continue to influence prices and sales. Tis

is especially true in cities such as Denver and Atlanta,

which are experiencing a rapidly expanding demand

for upscale properties based on the local economies.

Were at the point of the recovery where were back to

the fundamental drivers of real estate, and there will be

a closer linkage which was typical in the past to

the pace of progress as it relates to the macroeconomic

environment, observes Huskey.

Real estate is cyclical and, as speakers at the

Urban Land Institutes fall conference pointed out, we

are closer to the next recession than we are farther

away from the last one. Tere was a consensus that the

next downturn would not originate with housing and

would have less of an impact on real estate.

Perhaps the best advice, according to Neu, comes

from Chris Heller, Keller Williams CEO: Even when

you drop from 100 mph to 80 mph, youre still goingreally fast! Its also important to remember that a down-

cycle in real estate does not necessarily mean a reces-

sion. All we know for sure about the next shift is that

it will create opportunities.

116


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26 UniqueHomes.com

Each year, the editors of Unique Homes focus on a few cities that deserve attention during the coming year. Many will be

top performers; others might be at a turning point for sales. Together, they paint a picture of real estate as it stands at

year end. In honor of 2016, weve selected a group worthy of attention.

Atlanta, Georgia Tis Georgia peach crops up on

many best of lists this year. Sales of $1 million-plus

properties jumped 70 percent year-over-year in the

second quarter, making it a growing luxury location.

All real estate sectors are favorable, making it a target

for corporate relocations. See properties on pages 6-7,

28-29.

Cape Cod, Massachusetts Te Cape and the islands

are thriving as alternatives to the Hamptons. High-end,

$2 million-plus sales here continued at near record

levels in 2015. Demand is strong, but inventories at

near record levels make for a combo worth watching.

Continued interest from retirement and pre-retirement

buyers should bolster sales. See properties on pages 2,

28, 30-31.

Charleston, South Carolina One anchor of a long

stretch of prime coastline, Charleston is one of luxurys

gems. With antebellum manses, luxury condos in

historic buildings, and resorts favoring a range of

lifestyles, including boating, sporting preserves, island

living and, of course, golf, the region has something for

everyone. In 2015, overall sales grew 14 percent and

prices 5 percent. A strong local economy, jobs and lots

of out-of-state inquiries make solid prospects for 2016.

Charlottesville, Virginia American luxury was incu-

bated here with the estates of Revolutionary-era glit-

terati, and American millionaires continue to gravitate

to this refuge in the Blue Ridge Mountains. Sales are up,

spiking 27 percent year-over-year in June. Prices have

edged up slightly and days on market for all properties

were down to only 33 at the end of the second quarter.

Chicagos North Shore Chicago continues to build

a reputation as a global city. Cities and towns on the

North Shore showed above average appreciation

last year. Te outlook for sterling locations such as

Evanston is excellent. See properties on pages 1-2.

CHARLESTON, S.C.

16

16Markets to Watchfor 2016By Camilla McLaughlin

ISTOCKPHOTO.COM/MEINZAHN

for upscale properties to this forward-looking

city and nearby Park City. Prices are up,


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27UNIQUE HOMES

Denver, Colorado Rocky Mountain High might

characterize the upscale market here, one of the best

performers nationally. Denver real estate overall is hot.

Sales are up with a substantial increase in $1 million-

plus properties. An emerging tech sector will be 2016s

bonus. Nearby resort locales and Boulder also closed

out 2015 with double-digit sales increases.

Delray Beach, Florida Usually laid-back Delray

sparked fireworks in the luxury world, showing signifi-

cant luxury price growth 11 percent last year. Its

a worthy record, meriting a place on Coldwell Banker

Previews op 20 list for the first time. For sales of $10

million-plus, Delray outranked Miami and Palm Beach.

See properties on pages 42-43.

Greenwich, Connecticut More than stunning back-country estates make Greenwich a perennial market

to watch. Ranked as one of the best small towns, this

platinum town about an hour from Manhattan offers

the lifestyle many affluent desire: excellent schools,

both public and private, a thriving arts scene, even a

symphony. Bonuses and corporate earnings influence

sales here, which is another reason why we are keeping

an eye on this market.

Houston, Texas One of the leaders of post-recovery

real estate, Houston sales finally began to show the

effects of the collapse of oil prices in November. Prices

edged down too, the first decline in 45 months. Stillwith a three-month supply, the inventory of homes for

sale is slim; 2015 overall has been a good year, with

sales less than 2 percent behind 2014s record.

New York, New York Can New York have too many

trophy properties? Tats the question many are ask-

ing at year end. Te jury is out on this, but well know

the answer by year-end 2016. Still, other price points

are strong, and updated properties sell fast, leaving athin inventory of the kind of properties buyers want.

See page 32.

Salt Lake City, Utah Growing tech and medical

sectors and a wave of transplants create new demand

SOURCES

Altos Research

Charlottesville Area Association of Realtors

Hank Miller Team, Harry Norman Realtors, Alpharetta, Georgia

Coldwell Banker Bain/Seal, Seattle, Washington

Ralph Bevins Realty News Report, Houston, Texas

LIV Sothebys International Realty, Denver, Colorado

Kevin Schmidtchen, Village Properties, Montecito, California

Lawrence Yun, chief economist,

National Association of Realtors

Philip White, president, Sothebys International Realty

Steve Roney, chairman and CEO Berkshire Hathaway

HomeServices, Utah Properties

city and nearby Park City. Prices are up,

but still a bargain compared to the coasts.

Another draw is a diverse outdoor lifestyle.

Philadelphia, Pennsylvania More than

the pope is giving this city its due this year.

Buyers love it too. Sales, especially luxury,are surging while the real estate story is

really about limited inventory. Center City

and Bucks County properties are in demand.

San Diego, California No bubbles here, say

economists, and experts have this pegged as

a city for top performance in 2016. Residen-

tial real estate is the strongest sector here.

Based on quality of life, the region boastssome of the best luxury locations nationally.

Santa Barbara, California Were not the only ones

who see this coastal enclave as one of the best places

to retire and live, which is why this platinum luxury

location never loses its appeal. Te number of sales

dipped, but prices were up at the end of November,

which makes this market an indicator of what might

be ahead for luxury. See properties on page 72.

Sarasota, Florida Ranking as a best place to live

and retire, Sarasota continues to attract newcomers.

A strong arts scene, diverse housing opportunities and

a waterfront lifestyle make it a favorite with second-

home owners and pre-retirement buyers. See properties

on pages 57, 59-60.

Seattle, Washington If any city has a perfect storm

for high-end sales, its Seattle. Amazon, Facebook,and Microsoft call it home, and the appeal to Asian

buyers is strong. Sales were up 49 percent from 2014

in the April-June period. Lower costs compared to

Silicon Valley bring more tech firms. See properties

on pages 66-67.

DENVER

SAN DIEGO

ISTO

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ISTOCKPHOTO.C

OM/G

IMLETUP


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28 UniqueHomes.com

MILTON . GEORGIAHighlights of this gated estate in the exclusive Greystone Farms neighborhood

include a main-level master suite, gentlemans study, 5 fireplaces and elaboratemillwork. The terrace level offers a 2,000-bottle wine cellar, theater, full bar

and recreation room. The backyard paradise boasts a saltwater pool, waterfall,

outdoor kitchen, a fire pit and a brick courtyard with a fireplace. $1,795,000.

For a full tour of this property, go towww.GreystoneFarmsHomesforSale.com

CAREN ACHESONColdwell Banker Residential Brokerage

CarenAcheson.com | [email protected]

CAPE COD . MASSACHUSETTSThis waterfront property is 1 of 5 estate homes that share 45 acres, 1,700 feet of

private beach and a tennis court. On the north shore of Cape Cod, the main house

offers 7,251 square feet and 14 rooms, including 4 en suite bedrooms, a 2-bedroom

guest suite over the 3-bay garage and a media room. The detached building has a

garage bay, pool cabana with a half bath, laundry, a mini kitchen, changing room

and a 2nd-floor exercise room with a full bath. Outdoors, find a heated in-ground

pool, 2 fire pits, a putting green and an outdoor kitchen. $8,250,000.

For more details and a full tour of this property, go towww.CapeCodOceansideEstate.com

BERNIE KLOTZBK Real Estate, Inc.

bkrealestate.com

[email protected]

508.737.5684

508.778.4005


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Start your legacy


33/116

938 Main Steet, Chatham, MA 02633508.945.1186

Start your legacy.Well help you find the perfect setting

for your life ~ and generations to come.

www.pineacresrealty.com

97 ilipi Run, Chatham

77 Sears Point, ChathamTis exceptional waterfront property offers arresting panoramas of Stage Harborand beyond. Situated in one of Chathams most private enclaves, the propertycomprises two adjoining lots totaling 6.6 acres and 350 feet of water frontage.

A long, winding driveway and charming barn enhance the propertys magicalapproach. Currently there is an existing five-bedroom, three-and-a-half-bathclassic Cape Cod-style residence spanning 2,500 square feet and built in 1959set back and elevated on the property. Tis unbeatable setting offers exceptionalpotential to build a dramatic dream estate or to reinvent the old. ExistingPolhemus Savery DaSilva architectural plans are available. $7,500,000

Boasting one of the most spectacular properties on the Cape Cod shoreline,this shingle-clad home is poised on 1.9 acres and resides over the AtlanticOcean, Monomoy Islands and Nantucket Sound. With 10,974 square feetof living space spanning three levels, the six-bedroom estate has breathtakingviews, manicured grounds and a glorious stone pool pavilion. Te estate offersmultiple family gathering rooms, a banquet-size dining room, chef s kitchen,eleven-seat theater, an opulent wine cave and a circular one-bedroom carriagehouse for guests or staff. Price Upon Request

Presiding on 1.3 acres with sweeping salt marsh views and Nantucket Soundbeyond, the modern masterpiece with wraparound mahogany decks offers floor-to-ceiling glass windows on three levels. Te interior has two living rooms, fourbedrooms, an exercise room, media room, three fireplaces and custom touchesthroughout. Te open-plan kitchen boasts panoramic views and is the centerpieceto entertaining. Te second-level master suite offers his and hers walk-in closets.Outdoor facilities include expansive decks, a catwalk, outdoor shower, irrigationsystem and a two-car garage. $2,995,000

38 Indian rail, Chatham

93 Woodland Way, ChathamParadise Cove is a breathtaking waterfront retreat designed and built by PolhemusSavery DaSilva. Te 4,500-square-foot home is on .74 of an acre with panoramicvistas of a sheltered saltwater cove. Te interiors offer wide-plank walls, Brazilian

teak floors and patterned ceilings. Te main level comprises a chefs kitchen,family room with a hearth, dining room and a master suite. A cedar-walledsunroom opens to the impeccable grounds with a pebble-sheen pool and a deep-

water dock. Tere are three bedrooms and a study above, defined by extraordinaryartisanal touches, as well as an exercise room and detached two-car, carriage-stylegarage with a private studio above. $5,499,000


34/116

EUGENIA C. FOXWORTH

CIPS, NYRS

NYC MWBE, NYS MWBE

NYS Licensed Realtor

REBNY, MANAR, NAR, NYSAR

Ph: 212.368.4902

Fax: 212.368.4903

1524 Amsterdam Ave., Suite #2

New York, NY 10031

[email protected]

www.foxworthrealtyonline.com

Specializing in commercial and exceptional luxury

properties in Riverdale, NY; New York City; Brooklyn,

NY; and Internationally for sale and/or for rent.


35/116

ISOTCKPHOTO.C

OM/

VENTDUSUD

The Sunshine State accommodates a remarkablerange of pursuits, suiting every imaginable passion.

By Roger Grody

The very mention of its name evokes images of sun-kissed beaches, but Florida

is much more multifaceted, offering an incredible diversity of cultures, life-styles and attitudes. You couldnt find two places more different than hip,

trendsetting South Beach and the button-down Florida Panhandle, whose essence

is more akin to neighboring Alabama. Bound by little more than plentiful sunshine,

both are nonetheless quintessentially Floridian.

Special Focus

FLORIDA

Special Focus

FLORIDA


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34 FLORIDAS LUXURY LIFESTYLES

Equestrian ExceptionalismGiven Floridians obsession with the oceanfront,

it may come as a surprise to learn that some of the

finest equestrian communities in America are in the

Sunshine State. Te Village of Wellington, where bridal

paths trump boardwalks, hosts the largest horse show

in the world, the 12-week-long Winter Equestrian

Festival (WEF), as well as the prestigious AdequanGlobal Dressage Festival (AGDF). Tis years edition of

the WEF offers more than $9 million in prize money for

dressage and show jumping, and almost 8,000 horses

compete in Wellingtons two major festivals.

Michael Stone, president of Equestrian Sport

Productions, which manages both shows, reports,

WEF, in its 37th year, and now AGDF, in its fifth

year, have brought Wellington to the very forefront of

equestrian communities in the United States, noting

their economic impact exceeds $220 million annually.

Wellington is known as the Winter Equestrian Capital

of the World and were proud to be a part of such a

special community, he adds. As home to International

Polo Club Palm Beach, Wellington also hosts the U.S.

Open Polo Championship, attracting players from more

than 20 nations.

Another center of equestrian life is Ocala, a

northern Florida city whose nickname is Horse

Capital of the World. In addition to its storied historyof thoroughbred racehorse breeding and training

the last two riple Crown winners had ties to this

area the city annually hosts the HIS Ocala Winter

Circuit, a prominent hunter/jumper conclave. Ocala

may lack the glamor of South Floridas Wellington, but

riders from around the globe are regularly drawn to

this otherwise sleepy part of the state. In Ocala, the

presence of equestrian royalty creates demand for

sprawling ranches with seven- or eight-figure prices.

Real Estate Snapshot:Wellington

Highest Priced Property:Offered at $32 million is a

102-acre compound, including a 14,000-square-foot

house and five barns, providing luxury for both humans

and horses.

Number of $10 Million-Plus Properties:21

Signature:Sprawling ranches reflect Palm Beach-style

luxury, but manicured polo fields and a passion for all

things equine take the place of oceanfront living.

Par for the CourseLack of a state income tax isnt the only reason

dozens of touring professional golfers reside in Florida.

According to state officials, Florida has more courses

(1,250-plus) than any other state and Palm Beach

County, which calls itself Floridas Golf Capital, has

the most of any county in the nation.

Te Professional Golfers Association (PGA) isheadquartered in Palm Beach Gardens next to the

PGA National Resort & Spa, a five-course hospitality

complex. and is home to the annual Honda Classic.

Reflecting the organizations statewide presence, the

ournament Players Club (PC) at Sawgrass, in Ponte

Vedra Beach outside Jacksonville, hosts Te Players

Championship every May.

PGA Village in Port St. Lucie features 72 holes

of championship golf designed by om Fazio and

Pete Dye, as well as a golf museum, corporate eventfacility and training center. PGA professional Jimmy

erry, general manager of PGA Village, suggests the

states favorable winter weather and welcoming

business climate contribute to Floridas prominence

as a global golf destination. Tese factors give rise

to our great golf courses and the accompanying

developments and resorts found throughout the

state, says erry. Incorporated into PGA Villages

3,000-acre site plan is Verano, a planned community

offering club privileges to homebuyers who prefer

views of emerald fairways to turquoise seas. Te

South Florida lifestyle truly comes to life at PGA

Village Verano, insists erry.

PGA legend and acclaimed golf course designer

Jack Nicklaus is a Florida resident and has conceived

more than 30 courses throughout the state. Among

them are he Concession in Bradenton, La Gorce

Country Club in Miami Beach and King & Bear (with

Arnold Palmer) in St. Augustine. Te Bears Club inJupiter, near Palm Beach, features a Nicklaus-designed

course, 40,000-square-foot uscan-style clubhouse,

TOPLEFTPHOTOISTOCKPHOTO.COM

;MIDDLEPHOTOSPORTFOT;RIGHTPHOTOCOURTESYPGA

FLORIDA


37/116

35UNIQUE HOMES

PHOTOC

OURTESY

THE

BREAKERS

The Breakers

Palm Beach

and sprawling estates priced up to $10 million lining

its fairways.

With more than 150 courses, the numbers favor

neighborhoods sexy clientele is recovering from a long

night of partying, theyre often found soaking up the

rays right here.

Miami Beach


38/116


NAPLES

KAREN BOTHWELL

BERKSHIRE HATHAWAY

HOMESERVICESFLORIDA REALTY

239.641.9832

karenbothwellsellsnaples.com

Page 56

ST. AUGUSTINE

STEFANIE BERNSTEIN

BERKSHIRE HATHAWAY

HOMESERVICESFLORIDA NETWORK REALTY

904.669.5134

stefaniebernstein.com

Pages 46-47

SOUTHWEST FLORIDA

KRIS ASQUITH

KELLER WILLIAMS ELITE REALTY

PARADISE REALTY TEAM

Kris.FLSWHomes.com

239.300.1427

Page 58

Florida Luxury Experts

With more than 150 courses, the numbers favor

Palm Beach County but the southern Gulf Coast

city of Naples has proclaimed itself Golf Capital

of the World. Among the best of its approximately

90 sites is iburn Golf Club, where a pair of Greg

Norman-designed golf courses is combined with

tennis, swimming, a spa and three dining rooms in

a Mediterranean clubhouse. Members and residents

of luxury homes surrounding the club also enjoy

amenities at the adjoining Ritz-Carlton.

Country club membership, providing swimming,

tennis, fine dining and banquet facilities in addition

to golf, is considered essential to maximizing the

Sunshine State lifestyle. Because of Floridas extensive

coastline and labyrinth of lagoons, inlets and canals,the yacht club and golf club are occasionally married

into one. Boca Ratons exclusive Royal Palm Yacht &

Country Club not only features a Jack Nicklaus golf

course, tennis, croquet and several restaurants, but

also a marina accommodating luxury yachts.

Real Estate Snapshot:Boca Raton

Highest Priced Property:The 16,500-square-foot Le

Lac Estate, occupying nine acres with its own private

lake, is priced at $19.95 million.


Signature:Once a modest winter retreat for Brooklyn

grandparents, this market Forbes called it a

Millionaire Capital now draws luxury buyers to

magnificent waterfront estates.

Catching the Rays

Te Sunshine State has 1,350 miles of oceanfront,second only to Alaska. But unlike its Arctic counterpart,

virtually all of Floridas coastline is accessible and water

temperatures are deliciously mild. Every beach has

its own personality, so theres one for every occasion:

romantic interludes, family vacations or serious surfing.

South Beach, famous for its chic Art Deco

hotels, vibrant nightlife and beautiful trendsetters, is

also home to a broad stretch of white sand favored

for photo shoots, sunning and Jet Skiing. When the

concierge service, waterfront dining and a state-of-the-

art boat storage facility. Te Palm Beach Yacht Club,

founded in 1911, maintains nearly 50 slips for members

and offers reciprocal arrangements with other boating

and golf clubs.

With the Great Recession behind us, yacht sales

are breaking records, including orders for opulent

superyachts (vessels in excess of 80 feet in length) whose

prices can make a billionaire blush. As appetites for

more spectacular yachts increase, craft exceeding 250

feet are becoming more common and marinas around

the world are scrambling to create space for them.Sunrise Harbor Marina in Fort Lauderdale cur-

rently provides slips for 200-foot yachts, and Miamis

exclusive Fisher Island Club maintains a marina host-

ing 250-foot-long boats. Island Gardens Deep Harbour,

a game-changing marina accommodating superyachts

up to 550 feet in length, is nearing completion on

Miamis Watson Island, the first phase of a $1 billion

mixed-use project.

Developer Mehmet Bayraktar, chairman and CEO

rays right here.

Te white sand of Clearwater Beach, less congested

than South Florida, stretches three miles along the Gulf

Coast near ampa. Just outside Jacksonville is Atlantic

Beach, known for its soft sand and laid-back attitude,

while the dune-swept beaches of nearby Amelia Island

are popular with surfers and birdwatchers. Cocoa Beach,

on the Space Coast midway between Jacksonville and

Miami, is a favorite destination for those who know how

to handle a longboard.

Longboat Key is little more than a strip of sugar-

white sand separating Sarasota Bay from the open sea

on Floridas Gulf Coast, and immediately to its south

is Siesta Key. It was just a matter of time before sun

worshippers and condo developers would discoverthese family-friendly barrier islands, and now prices

for oceanfront properties are skyrocketing.

he Naples area, on the southern Gulf Coast,

also features sandy white beaches without excessive

crowds, and the exclusive communities of Port Royal

and Aqualane Shores are attracting transplants

from the Atlantic Coast. Panama City Beach, on the

Panhandles Emerald Coast, has a reputation as a party

town, so some snowbirds look to neighboring Destin

for a more laid-back beach culture.

Real Estate Snapshot:Naples

Highest Priced Property:For $59.99 million, one

can acquire a magnificent, 16,000-square-foot Island-

Colonial mansion on four acres with nearly 300 feet

of beachfront.


Signature:Lavish estates are replacing original ocean-

front properties as Naples now attracts buyers who canafford Miami or Palm Beach, but are looking for a less

congested winter sanctuary.

All AboardIn Florida, a frequent consideration for luxury

buyers is the proximity of a good yacht club, offering

many of the same amenities as their golf club counter-

parts. Naples Hamilton Harbor Yacht Club provides


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37FLORIDAS LUXURY LIFESTYLES

DESTIN

JOHN COOK

COLDWELL BANKER

UNITED, REALTORS850.582.0874

johncookdestin.com

Page 61

NAPLES

EMILY K. BUA &

TADE BUA-BELL

JOHN R. WOOD REALTORS

BUA BELL GROUP239.659.6115

239.595.0097

buabellsellsnaples.com

Pages 54-55

TAMPA

TONI EVERETT

THE TONI EVERETT COMPANY813.839.5000

theeverettcompany.com

Page 62


BREVARD COUNTY

NICK FARINELLA

COLDWELL BANKER

RESIDENTIAL REAL ESTATE

321.704.1600

nicksre.comPage 50

THE FLORIDA KEYS

LISA FERRINGO

COLDWELL BANKER

SCHMITT REAL ESTATE CO.

305.797.1221

uniquekeyshomes.com

Pages 52-53

SOUTH FLORIDA

ELLEN MITCHEL &

AGNES GRAY

RE/MAX EXECUTIVE REALTY

PRESTIGE PROPERTIES

TEAM

954.862.2630

954.862.2645

prestigepropertiesteam.com

Inside Back Cover

SARASOTA & ITS ISLANDS

JUDY KEPECZ-HAYS

COLDWELL BANKER


941.587.1700

longboatkeyluxury

Page 57

of Flagstone Property Group, reports, Island Gar-

dens Deep Harbour will be North Americas only

marina designed exclusively to cater to ultra-high-

net-worth superyacht owners. Emphasizing its

global significance, he adds, It will put Miami on the

map as the worlds newest superyachting capital.

About three-quarters of the way from the

mainland to Key West is Big Pine Key, admired

for its tarpon, barracuda and shark fishing, and

deeper into Gulf waters, sportsmen troll for tro-

phy catch like sailfish, kingfish and blue marlin.

Big Pine Key may feel remote thats among itsmost attractive qualities but home prices can

exceed $3 million.

Luxury vacation homes are scattered along the

Emerald Coast, where the cities of Pensacola, Destin

and Panama City Beach offer legendary deep-sea

fishing in the northernmost reaches of the Gulf of

Mexico. Destin fancies itself as Te Worlds Lucki-

est Fishing Village and backs it up with an abun-

dance of white or blue marlin, wahoo and grouper.

Water is everywhere in Florida, thanks to a

network of inland waterways and the states 30,000

lakes. As a result, the perks of boating and fishing

are part of the Florida lifestyle even in areas that

appear landlocked. In Altamonte Springs, 10 miles

from downtown Orlando, most luxury properties

provide opportunities for watersports. Greater

Orlando, with its many lakes and tame winds, is

regarded by professionals as one of the best places

in America to water ski.

Real Estate Snapshot:Key WestHighest Priced Property:Listed at $15.85

million is the 11-bedroom, 11-bath Albury Mansion,

exhibiting classic Key West architecture in Old Town.


Signature:Luxury residences in Key West attract

an eclectic clientele drawn by the independent,

creative spirit of an island that is a three-hour drive

from Miami, but feels light-years away.

continued on the next page

ISTOCKPHOTO.COM

Family FunOrlando is one of the first places families think Real Estate Snapshot:Greater Orlando


40/116


JACKSONVILLE AREA

ELIZABETH HUDGINS

BERKSHIRE HATHAWAY

HOMESERVICESFLORIDA NETWORK REALTY

904.553.2032

beacheshomes.com

Page 44

ORLANDO & CENTRAL FLORIDA

CAROL ANN HEWITT

OXFORD REALTY, INC.

INTERNATIONALLUXURY & ESTATE BROKERS

407.629.1222

oxfordrealty.com

Page 64

FORT LAUDERDALE

JULIE JONES-BERNARD

FLORIDA LUXURIOUS

PROPERTIES954.328.3665

floridaluxurious.com

Page 51


of when planning a vacation, whether they live in

Shreveport or Shanghai. Drawing more than 50 mil-

lion visitors annually, Walt Disney World is the most

visited vacation resort in the world, but the mega-park

is one of several themed attractions in Greater Orlando,

which includes Universal Studios Orlando, SeaWorld

and Gatorland. George Aguel, president and CEO of

the tourism association Visit Orlando, states, While

Orlando is well known for our theme parks, weve also

gained national recognition for a variety of tourism-

related experiences, citing dining, shopping and sports.

Orlando is a true global city that offers an unparalleled

visitor experience, he adds.

Scattered throughout Walt Disney Worlds43-square-mile property are about 30 themed

hotel/resort properties, making guests forget theyre

even in Florida. Disneys Yacht Club Resort feels like

New England, Kidani Village draws upon African

safari inspirations, and Disneys Polynesian Villas &

Bungalows creates the illusion of being in the South

Pacific. Even time travel is possible, as a Victorian

theme is played out at the upscale Grand Floridian

Resort & Spa.

Te business of transporting visitors to exotic

places and times has driven the growth of Orlando,

a once-sleepy city whose metropolitan area now

exceeds 2 million. However, the current economy

transcends tourism, reflecting a major presence of

high-tech, biotech and aerospace industries. he

increased sophistication of Greater Orlando has

resulted in diverse choices for luxury homebuyers,

from sprawling lakefront properties to high-rise con-

dominiums. Luxury residences are even available forpurchase at Disney World itself, in the gated com-

munity of Golden Oak.

Orlando is not the exclusive home to Floridas

family-oriented resorts. While the entire state is

vacation-friendly, the other major center for family

fun is ampa. Tat Gulf Coast city is home to Busch

Gardens, a combination wild animal park and

amusement park, as well as SeaWorld ampa and

Adventure Island water park.

Te ampa Bay Area, where the cities of ampa,

St. Petersburg and Clearwater have blossomed into a

metropolitan area of three million, also boasts a vibrant

cultural scene. In addition to the ampa Museum of Art

and Salvador Dal Museum in St. Petersburg, ampas

Straz Center is the largest performing arts complex in

the state. In Sarasota, the Ringling is a highly regarded

art museum; the Asolo Rep is the Southeasts largest

repertory theatre; and the Sarasota Opera thrives.

Florida artists are celebrated at Coral Springs

Museum of Art, where the communitys sprawling estatesare in contrast to the high-rise hotel and condo boom

occurring in nearby Fort Lauderdale. Te magnificent

Palm Beach mansion of industrialist Henry Flagler has

been converted into a museum near Te Breakers, a

grand hotel ( founded by Flagler) where the rich and

powerful still convene over afternoon tea. In Delray

Beach is the Morikami Museum & Japanese Gardens,

an unexpected Pacific Rim experience, and St. Augustine

founded in 1565, its the states oldest city is

Highest Priced Property:Capolavoro, an

8,000-square-foot Italianate estate listed at $6.995

million, reflects Orlandos growing sense of glamour.


Signature:Large lakeside properties appeal to the

successful entertainment executives and young tech

entrepreneurs building a dynamic inland metropolis.

After DarkAs its popul ation has swell ed, Florida has

experienced a cultural renaissance, most prominently

reflected in the states largest metropolitan area. Miami

is as diverse as any place in America, which enhancesits arts community, contributes to a sophisticated food

culture and fuels a hot club scene.

In addition to being the epicenter of the nations

Cuban-American community, Miami attracts immi-

grants and visitors from throughout the Caribbean and

Latin America, from Haitian craftspeople to Brazilian

petro-billionaires snapping up high-rise penthouses.

Europeans appreciate the cosmopolitan vibe of South

Beach, while Asian investors are discovering Miamis

investment potential.

Cultural attractions include Prez Art Museum,

Jewish Museum of Florida and Villa Vizcaya Museum

& Gardens, an Italian Renaissance estate loaded with

treasures, while the lavish Adrienne Arsht Center on

Biscayne Bay demonstrates Miamis commitment to

the performing arts. Miami is also a great sports town,

as even new arrivals swear their loyalty to the Dolphins,

Marlins, Heat and Panthers.

Since the Miami Vice era, this sunny metropolishas leveraged its trendsetting reputation into an interna-

tional creative capital, cultivating a progressive attitude

toward fashion, music and art. Architect Rene Gonzales,

whose ethereal glass structures capture a new Miami

modernism, attributes the citys cultural energy to an

atmosphere of immense possibility and openness. Tis

has a direct relationship to the creative spirit found here,

which extends beyond art and design to encompass in-

novative entrepreneurship of all kinds, states Gonzales.

Carol Morsani Hall at the

David A Straz Jr Center


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39FLORIDAS LUXURY LIFESTYLES

SOUTH FLORIDA

ANTONIO LIGUORI

PREMIER ESTATE PROPERTIES561.414.4849

premierestateproperties.com

Pages 42-43

ORLANDO

LAKE NONA

GOLF & COUNTRY CLUB407.851.9091

realestate.lakenona.club

Page 63

SOUTH FLORIDA

PASCAL LIGUORI

PREMIER ESTATE PROPERTIES561.278.0100

pascalliguori.com

Pages 42-43


SOUTH FLORIDA

MARK L. NESTLER

NESTLER POLETTO

SOTHEBYS

INTERNATIONAL REALTY

561.212.1517

npsir.comPages 40-41

SOUTH FLORIDA

JOHN R. POLETTO

NESTLER POLETTO

SOTHEBYS

INTERNATIONAL REALTY

561.239.0700

npsir.com

Pages 40-41

PALM BEACH COUNTY

CLAIRE B. SHERES

COLDWELL BANKER


561.414.4146

sheresrealty.com

Pages 48-49

filled with historic sites. Its Hotel Alcazar, for

instance, is a Spanish Renaissance landmark now

serving as the Lightner Museum of antiquities.

Floridas multiculturalism translates into

good eating. Authentic Southern cuisine crosses

the state line from Georgia and Alabama, while

Cuban and Haitian immigrants introduce exotic

Caribbean and African flavors. Snowbirds from

New York brought classic Jewish delis, and South

American traditions are tweaked by innovative

young chefs.Emblematic of the states eclecticism is

Juvia, a dramatic Miami Beach restaurant designed

by Venezuela-based architect Alejandro Barrios

Carrero with a menu that draws on both Paris

and Lima. Celebrity chef Jos Andrs, famous for

a molecular gastronomical approach to his native

cuisine of Spain, turns out wildly imaginative

dishes and liquid nitrogen-spiked cocktails at Te

Bazaar on South Beach. Tese sexy venues dont

go dark after the dinner hour, and whether one

moves to hip hop, salsa or Brazilian jazz, a nearby

club accommodates.

Old school favorites continue to thrive in Flor-

ida, with prominent examples being Miami Beachs

Joes Stone Crab, the Biltmore Bar in Coral Gables

and Berns Steak House, a ampa institution whose

wine cellar overflows with a half-million bottles.

Real Estate Snapshot:Miami Beach

Highest Priced Property:Occupying a largelot on exclusive Star Island is an 8,000-square-

foot Floridian villa with expansive water frontage,

priced at $40 million.


Signature:Whether its an oceanfront estate

or high-rise penthouse, a chic Miami sense of

style attracts hedge fund managers escaping

Manhattans cold winters and celebrities from the

worlds of entertainment and sports.

PHOTOBY

NICOLE

C.KIBERT

David A. Straz Jr. Center

for the Performing ArtsTampa, Florida

SARASOTA

CANDY SWICK

CANDY SWICK & COMPANY

941.954.9000

candyswick.com

Page 60


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From Cottages to Castles


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St. Johns River Views Jacksonville, FL This private, 5-bedroom,5.5-bath San Marco estate on nearly an acre has an expansive lanai with

a pool/spa, 2 docks and 300 feet of waterfront. $2,395,000

Spacious Waterfront Old Ponte Vedra Beach, FL This lovely

property is move-in ready and features 3 bedrooms, 4.5 baths, a

bonus room/4th bedroom and many recent upgrades. $1,550,000

Roscoe Boulevard Ponte Vedra Beach, FL This Intracoastal

property can be subdivided into three 75-foot lots offered at

$1,950,000. Two southern lots are also being offered for $1,350,000.

San Jose Estate Jacksonville, FL Wrought-iron gates lead tothis estate with St. Johns River views, 5 bedrooms, 5 full and 3 half

baths, a catering kitchen and 2 formal dining rooms. $3,900,000

Vacation at Home Jacksonville, FL A resort-like custom home

with 4 bedrooms and 4.5 baths overlooks the harbour with an open

floor plan, travertine tile, a lanai and media room. $2,199,000

Marina San Pablo Penthouse Jacksonville, FL This rare

4-bedroom, 4.5-bath unit is just a block away from the ocean with

beach access and a private boardwalk. $2,200,000

Elizabeth Hudgins

T: 904.285.1800

C: [email protected]

www.beacheshomes.com

Magnifico! Dramatic Courtyard Home!


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Text P814811 to 85377 for photos

386.316.1870

386Luxury.com

[email protected]

Hedy Weiss,MS, PA

Italian-inspired, top-of-the-linedramatic courtyard home in PortofinoEstates, a guard-gated area inVenetian Bay in New Smyrna Beach,a country golf club community.

4 bedrooms, 3.5 baths, 3+-cargarages, 6,552 total square feet withseparate guest suite Library/bonus room or 5thbedroom Gourmet chefs kitchen Master suite with elegant bath Outdoor living space with pool/spa,ireplace and kitchen

$1,000,000

Fall 2015

RESORT & GOLF COMMUNITIES Year-Long

Vacation Living Unique Homes Reports on a

growing niche in the resort market: shared ownership

Unique Homes wins awards at NAREE Unique

Lifestyles Section.

Global 2015

LUXURYS WORLDWIDE APPEAL ... Unique

Homes Reports on the global strength of the high

end Spotlights on Toronto and The Caribbean

Californias Worldwide Appeal Unique Lifestyles

Section Special Insert: Prestige, Berkshire

Hathaway HomeServices magazine.

Summer 2015

WATERFRONT LIVING with pages of stunning

waterside homes and estates Unique Homes

Reports on the 10 essentials buyers and sellers

need to know today Waterfront Properties: Limited

Inventory, Limitless Possibilities New trends in the

Caribbean.

BACK ISSUES

Order Back Issues Online at: www.uniquehomes.com orCall 1.888.792.1711

ST. AUGUSTINE, FLORIDA


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2991 N. OCEANSHORE BLVD., FLAGLER BEACH

Built in 2008, this 6-bedroom, 6.5-bath home boasts 100 feet of ocean frontage,

an elevator, wine room and more. $2,190,000.www.homescand.com/2991-n-ocean-shore-blvd

1 BONITA BAY, ST. AUGUSTINE

Float on Water in this downtown Intracoastal-front home with views of many

historic landmarks and boat slip conveys. $2,000,000.

www.1BonitaBayDr.com

Stefanie Bernstein,Luxury Collection Specialist904.669.5134

[email protected]

www.HomesForSaleInStAugustine.com

www.StefanieBernstein.com

8165 A1A SOUTH, ST. AUGUSTINE

This Intracoastal-front estate on 1 acre has over 3,500 square feet of deck space

alone, a pool, dock, boat lift and beach access.

www.8165A1ASouth.com

ST. AUGUSTINE, FLORIDA


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ELEGANT RIVERFRONT LIVINGINDIAN HARBOUR BEACH, FLORIDA


52/116

Nick Farinella 321.704.1600NicksRE.com [email protected]

Magnificent Banana River Estate in the exclusive gated Lansing

Island Community. A one-of-a-kind Chicago brick home full of

luxury, elegance and attention to detail.

The spacious gourmet kitchen features an island prep

sink, wet bar and a wine cooler alcove. The formal dining room

comfortably seats 12. A library/office has a spiral staircase to

the loft that overlooks the exercise room. View your favorite film

in your own movie theater with 8 recliners. Find a grand master

suite with enormous his and hers walk-in closets. The master bath

has a sitting area, coffee bar, double vanities, a jetted tub and a

luxurious shower with body sprays. A cozy guesthouse boasts a

beautiful kitchen, living room, poker table nook, an upstairs loft,

bedroom and a private bath.

The outdoor oasis features a summer kitchen and a gorgeous

brick paver pool deck with 2 pools separated by a spa. Enjoy the

pergola fireplace on rare cool Florida nights. Practice putting for a

birdie on your own putting green. Enjoy your private dock that

can accommodate a large yacht.

Enjoy this luxurious lifestyle for only $3,299,000.

FORT LAUDERDALETHE VENICE OF AMERICA


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FRENCH, GERM AN, HEBREW, ITALIAN, MALAY, MANDARIN CHINES E, PORTUGUESE & SPANISH SPEAKING ASSOCIATE AVAILABLE TO ASSIST YOU.

84IslaBahiaDrive.comBRAND NEW POINT ESTATE | 6BR | 8.2BA | WF: 310 | $19.995M

1612WestLakeDrive.comSTUNNING POINT ESTATE | 7BR | 10.2BA | WF: 366 | $15.9M

1802BayDrive.comOCEANFRONT OASIS | 5BR | 5.2BA | LOT: 22,894SF | $8 .95M

2930NorthAtlanticBoulevard.comNEW OCEANFRONT RESIDENCE | 5BR | 6.2BA

LOT: 9,200SF | $7.995M

726NE20thAvenue.com

MEGA YACHT AVE. | 5BR | 5.1BA | DOCK TWO 180YACHTS | $3 .695M

31IslaBahiaDrive.comSPECTACULAR CUSTOM RESIDENCE| 5BR | 6.1BA

WF: 100 | $7.9M

1408WestLakeDrive.comPOINT LOT AT $5.595M | ADJOINING LOT AVAILABLE

AT $3.995M

ThePalmsTownhouse1.com

AN OCEANFRONT OASIS | 4BR | 4.1BA | CORNERUNIT | $3.295M

519RoyalPlazaDrive.com

STUNNING DEEPWATER RETREAT | 5BR | 7.1BAWF: 100 | $3.5999M

1627EastLakeDrive.comDOUBLE TROPHY LOT | 8BR | 8.2BA | WF: 168 | $9.495M

FLORIDA LUXURIOUS PROPERTIES2438 EAST LAS OLAS BOULEVARDFORT LAUDERDALE, FLORIDA 33301

[email protected] L O R I D A L U X U R I O U S . C O MLUXURYREALESTATEFTL.COM

CELL 954 328 3665OFFICE 954 870 4080JULIE JONES-BERNARDFLORIDA LUXURIOUS PROPERTIES

LUXURY ISLAND PROPERTIES

901 WEST OCEAN DRIVE 2E, KEY COLONY17137 DOLPHIN STREET, SUGARLOAF KEY


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UniqueKeysHomes.com

LISA FERRINGORealtor

Ofce: 305.872.5261

Cell: 305.797.1221

[email protected]

305.797.122129967 Overseas Highway

Big Pine Key, FL 33043

Live on Ocean Drive in the Florida Keys! Key Colony Beach offers this spectacular

unit at The Residences. Enjoy spectacular blue-water views of the Atlantic Ocean and

the white, sandy beach that awaits you. Highly appointed nishes are offered in this

meticulously maintained unit.

This home on a sprawling .5-plus-acre lot was custom-built and designed by the

owners and features an open oor plan with soaring ceilings, a granite kitchen and

a solid mahogany staircase and doors. Enjoy a dock with davits and easy ocean ac-

cess with no bridge.

17275 KEYSTONE ROAD, SUGARLOAF KEY

Find dazzling sunrises and sunsets over the open water at this

unique homes usa - winter 2016

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