Palisades Estate Sells For Highest Price In Last 12 Months
“Location, location, location” could easily be interchanged with “views, views, views,” at this Pacific Palisades, Calif., residence known as Ocean Grove Estate. The home, which recently sold for $14.5 million, is set on one of the area’s highest plains, with sweeping, panoramic views of the ocean, Catalina, the Getty Center and more.
The home’s large lot (encompassing more than an acre of usable land) also offers many closer-to-home views to enjoy, including 2 lush lawn areas, garden paths, a tree-lined drive, and a beautiful pool and entertainment deck.
Listing agent Bob Hurwitz of Hurwitz James Company notes that while the $14.5 million sale price is “a steal” for such a high-caliber home, it is the highest-priced sale for a home in the region in the last 12 months. “There were only 3 other sales over $8 million in the last 12 months and [this estate’s] sale price was over $4 million more than the next highest sale,” says Hurwitz.
The estate includes a grand, gated Cape Cod main residence of more than 8,400 square feet with lots of French doors and windows plus 1,000 square feet of verandas designed to take in the views and scenic grounds. There is also a very unique guesthouse with 3 bedrooms and 3 baths, an elevator, living and family rooms, view patios, and its own driveway and entrance from a different street.
Garden paths connect these 2 structures, which are further complemented by garage space for up to 5 cars and a professional batting cage surrounded by towering trees. The presence of such a sports-oriented amenity would not surprise those who knew the previous owners, Richard and Marianne Kay, who hold the patent for Cleatskins, an invention that turns sports cleats into streetwear in a flash.
—Kathleen Carlin-Russell
3 For Entertaining
The Mansion is an oasis of luxury on a 24-hour guarded avenue in London’s Highgate area. The residence offers 16,400 square feet replete with resort-style amenities such as an indoor pool with lounging area and steam room, and a state-of-the-art cinema room with a bar. There are also eight bedroom suites, a beauty salon, games room and a six-car garage with a turntable. Offered at £29 million.
Set on 4.5 acres in Spicewood, Texas, is this Lake Travis “castle” with 300 feet of waterfront. The 16,000-square-foot home, offered at $13.5 million, took more than four years to complete, due to such carefully crafted details as hand-sculpted marble floors and the 3,000-plus square feet of verandas and patios, perfect for al fresco entertaining. A theater wing, arcade, fully equipped workout room, pool/spa and large two-stall boat dock with a party deck offer family and guests numerous places to live, relax and play.
You can reach this 28-acre Tarpon Springs, Fla., masterpiece by car or helicopter. No detail has been overlooked in this $12.5 million estate with a hangar and helipad, garaging for six to eight cars, a mini night club, a gaming center with pool tables and arcade machines, and a full theater with a stage. There is also a fantasy pool with a lava pit, seating cave, slide and waterfall, a pool bar and volleyball and tennis courts.
—Kathleen Carlin-Russell
Point Farm, A 130-Acre Treasure on Virginia’s Eastern Shore
Whether you are searching for a grand waterfront estate not too far from Washington, D.C., or a hunting, fishing or resort-oriented vacation home, Point Farm could be what you’re looking for.
This 130-acre offering has been owned by the same family for many years, but is now on the market for $41.75 million. The estate seems to offer something for everyone. For all, there is the 20,000-square-foot main home and 2.5 miles of shoreline on the Chesapeake Bay. For the resort-lover, there is a mineral-water pool with a Tiki bar, tennis court, a poolhouse with a wraparound terrace, and a six-bedroom guesthouse. And for the outdoor enthusiast—whether angler, hunter, equestrian or sportsman—there is the hunter’s lodge, sporting clay range, equestrian facilities, boathouse, three piers and three freshwater/saltwater ponds.
“It’s a piece of paradise…just an out-of-this-world resort with everything you’ve ever wanted,” says listing agent Cindy Saufley Barnett of Select Properties of Virginia, adding that while the estate is being marketed to a wide-range of luxury buyers it could very well end up being bought by a local. “People might be surprised to hear that many of the estates on the bay are owned by Virginians.”
—Kathleen Carlin-Russell
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