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| | | | | | Hollywood Hills Luxury Flip Lists for $2.995 Million | | | | Chic Spanish Revival Home Near Iconic Landmarks A stunning Spanish-style residence in the Hollywood Hills is now on the market for $2.995 million, a considerable markup from the $2.36 million paid just one year ago. The five-bedroom, five-bathroom home was meticulously reimagined, combining classic 1920s architectural elements with modern design upgrades.
Sleek Design and Bright Interiors A defining feature of the home is its abundance of natural light, which is uncommon in Spanish-style houses. The space is highlighted by beautiful casement windows, high ceilings, and seamless connections between rooms, making it ideal for sophisticated living.
Perfect for Entertaining in Style Spanning over 3,600 square feet, this property offers ample space for hosting lavish gatherings. The modern kitchen integrates effortlessly into the home’s design, while the outdoor areas include a pool, several patios, and lush gardens, all designed to enhance the indoor-outdoor living experience.
Private Retreat with Expansive Views The master suite boasts a private patio with sweeping views of Los Angeles, complemented by a spacious walk-in closet and custom shelving for storage.
Prime Location Above Hollywood Boulevard Nestled just above the iconic Hollywood Boulevard and steps away from the celebrity hotspot Chateau Marmont, this home is in a prime location for those who appreciate luxury living and proximity to famous landmarks. | | | | | | | | Vanderbilt Mansion Now Offered for $95,000 a Month | | | | A Landmark Property on Manhattan’s Upper East Side An iconic mansion on the Upper East Side of Manhattan is now available for rent at a remarkable $95,000 per month. Once listed for $55 million earlier this year, this stunning 12,000-square-foot residence is a prime example of Neo-Georgian Revival architecture, with its red brick and limestone façade offering a glimpse into New York’s luxurious past.
A Historic Home with Modern Amenities Built in 1881 and purchased by Alice Gwynne Vanderbilt in 1900, the five-story townhouse offers expansive living with seven bedrooms and 11 bathrooms. The mansion features period details, including its original moldings, that seamlessly blend with modern amenities such as central air conditioning and an elevator. The recently renovated interior includes a soundproof library, a fully equipped gym, and a sauna.
Ideal for Entertaining and Relaxation Designed with lavishness in mind, the property includes a hair salon, wine cellar, and service kitchen. The mansion also offers multiple spaces for entertainment, including a nightclub-style basement designed by Colin Cowie, a garden, and a rooftop terrace with stunning views of the city. Five wood-burning fireplaces throughout the home add to its charm and warmth.
A Rare Opportunity in a Prime Location For those seeking an extraordinary living experience, this home offers the rare opportunity to live in one of the most prestigious neighborhoods in New York, surrounded by history and luxury. With its unparalleled design and amenities, the Vanderbilt mansion is a property that combines the best of both worlds. | | | | | | | | | | | | | | Manhattan's Luxury Rental Market Faces Growing Challenges | | | | High-End Rental Struggles in Manhattan The luxury rental market in Manhattan is facing significant challenges, with over a quarter of landlords offering concessions to attract tenants. With an oversupply of available properties, many are offering incentives such as a free month of rent to secure leases, reflecting the downturn in the borough’s most expensive rental segment.
Rental Prices in the Top 10% Dip Manhattan’s high-end rental market, encompassing the top 10% of properties, has seen a notable decline in rent prices. In October, the median rent dropped nearly 11%, falling to $7,792 from $8,750 the previous year. The number of new leases has also declined, dropping 3.6% to 407. This downturn highlights the struggles of the upper-end rental market as demand softens.
Contrasting Trends in Lower Price Brackets While the luxury segment experiences a slowdown, the more affordable parts of the rental market show signs of growth. In the bottom 30% of the market, rents rose by 4% to $2,350. In the overall Manhattan rental market, the average rent increased by a modest 0.3% year-over-year to $4,223, although new leases were down 3.9%.
Rents Shift Across Boroughs In contrast to Manhattan, Brooklyn’s luxury rental market saw a significant drop, with median rents falling 10% year-over-year to $5,309. Meanwhile, rents in Queens have risen, with a 7.5% increase to $4,850. The waterfront neighborhood of Long Island City in Queens has become a popular area, drawing more renters as an alternative to Manhattan and Brooklyn. | | | | Sleek $3.9 Million Hillside Retreat Above Beverly Hills | | | | Contemporary Luxury Above Mulholland Drive Nestled in the serene hills just below the iconic Mulholland Drive, this striking $3.9 million residence offers unparalleled views and modern luxury. Located in a prime Beverly Hills neighborhood, the home provides a perfect balance of privacy and connection to the stunning landscape, with sweeping vistas of the surrounding mountains.
Artistic and Functional Design Built in the late 1940s and meticulously renovated, this two-bedroom, two-bathroom home blends contemporary style with artistic flair. Upon entering, a wooden gate opens to a cobblestone driveway that leads to a two-car garage. This showcase garage features a glass-fronted roll-up door and a lofted lounge area, creating a unique space for both relaxation and entertainment.
Open-Concept Living with Panoramic Views The 2,400-square-foot interior is defined by polished concrete and bamboo flooring, with disappearing glass walls that open the home to the outdoors. The expansive deck provides panoramic mountain views, while the great room, featuring a minimalist fireplace, seamlessly connects to the sleek kitchen. The kitchen’s compact yet efficient design includes a cantilevered snack bar, two ovens, and a glass cabinet for displaying culinary items.
Secluded Primary Suite and Luxurious Amenities The private primary suite opens onto a pea gravel patio surrounded by lush greenery, offering a tranquil retreat. The en-suite bathroom features a bold lime green vanity, adding a pop of color to the sophisticated design. The secondary bedroom and guest bath are also conveniently located, offering ample space and comfort.
Unique Outdoor Features and Relaxation Spaces The home’s massive deck is built around two mature trees that provide shade, while just outside the study lies a “cowboy pool” — a metal trough filled with cool water, positioned to offer breathtaking views of the mountains framed by trees. This property epitomizes both relaxation and modern living in one of L.A.'s most coveted locations. | | | | $50 Million Laguna Beach Paradise Now on the Market | | | | Exclusive Coastal Compound with Rare Beachfront Access A stunning coastal compound in Laguna Beach has just hit the market for $50 million, offering a once-in-a-lifetime opportunity for a discerning buyer. Located in the prestigious Paradise Cove neighborhood, this nearly 4-acre property boasts an impressive 320 feet of pristine beachfront, making it one of the most coveted estates along Southern California's renowned coastline.
A Prime Location in Orange County The property, which has been cherished by the same family for nearly 30 years, spans across 11 separate parcels and offers unparalleled privacy. Set behind gated entrances and nestled amidst lush gardens, palm trees, and terraced lawns, the estate ensures an exclusive, serene escape from the hustle of daily life. Accessible via a private road off South Coast Highway, the compound also offers potential for subdivision into seven individual lots, free from HOA restrictions.
Three Homes and Unmatched Outdoor Amenities The sprawling estate features three residential structures, each offering luxurious accommodations and expansive views. The property’s outdoor space is equally impressive, with a large deck—known as The Ledge—perfect for gatherings and events. The estate also boasts a private pathway leading directly to the secluded beach, a saltwater pool built into the rocks, an outdoor kitchen, fire pit, and a sports court, all designed for ultimate relaxation and entertainment.
A Legacy Property with Endless Potential With its prime location, expansive grounds, and unparalleled amenities, this property represents a rare chance to acquire one of the last significant landholdings along Southern California’s coastline. This is a unique opportunity to shape a legacy estate, whether as a private retreat or a lavish family compound.
A Historic Opportunity Currently, there are eight properties in Orange County listed for over $50 million, including several luxurious estates in the prestigious Crystal Cove and Harbor Island neighborhoods. The most expensive residential sale in the area remains a $70 million oceanfront mansion in Laguna Beach, further emphasizing the value and exclusivity of this remarkable listing. |
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