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Archive for May, 2011

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John Kluge’s Former Palm Beach Compound On The Market For $59 Million
Posted by Kenny Forder on May 31st, 2011  |  9 Comments »
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The late billionaire John Kluge’s former Palm Beach, FL compound, dubbed Casa Sin Nombre, is on the market for $59,000,000.

From Palm Beach Daily News:

Casa Sin Nombre, the oceanfront enclave once owned by the late billionaire John Kluge, has been put up for sale at $59 million the highest listed price tag of any property on the market in Palm Beach.

The property at 89 Middle Road has been co-listed for its owner, Columbia University, by two Palm Beach real estate agencies — an unusual but not unique arrangement for a significant property, according to local real estate sources.

Carol Digges and Carole Hogan of Brown Harris Stevens and Paulette Koch and Dana Koch of Corcoran Group are the listing agents. Christie’s International Real Estate, with which Brown Harris Stevens is affiliated, will provide “global marketing services,” according to a statement released by the companies involved.

“With the property’s size and condition, it’s a very fair price,” Digges said, adding that the agencies acquired the listing about a week ago. “We did extensive comparisons with other properties.”

Kluge, once ranked by Forbes as one of the world’s wealthiest people, willed the Estate Section property to Columbia University, his alma mater, in 2007. He died in September 2010 at 95.

With a little more than 4 acres, the exotically landscaped property consists of five contingent parcels that Kluge acquired in 1995 for his estate. A centerpiece is the renovated-and-expanded 1935 garden house, measuring 12,000 square feet, that Kluge used as his residence. The house was designed by society architect Marion Sims Wyeth.

But the property also contains a 6,000-square-foot, Mediterranean-style house designed in 1921 by society architect Addison Mizner and subsequently renovated by Wyeth. There also are three other buildings that are suitable accommodating household staff or houseguests. In all, there’s more than 21,500 square feet of living space inside and out.

Kluge bought and served as CEO of Metromedia, selling off its television stations and cellular telephone licenses. He amassed a fortune with businesses that included lawn mowers, film rights, restaurants, radio stations, the New York Red Bulls soccer team, the Harlem Globetrotters and the Ice Capades.

During his 30 years in Palm Beach, he owned a variety of oceanfront properties, including the remarkable estate on Middle Road at El Bravo Way between the Atlantic Ocean and South County Road. The property is opposite of the southeast corner of the Everglades Golf Course.

Proceeds from the sale will benefit student scholarships at Columbia, the statement said.

So far, Digges said, she had fielded one inquiry about the property. Brochures and other marketing materials are in the process of being produced, she added.

CLICK HERE TO SEE A BIRD’S EYE VIEW OF THE HOME

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Tranquility Estate’s Asking Price Drops To $75 Million
Posted by Kenny Forder on May 31st, 2011  |  7 Comments »
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The well known Zephyr Cove, NV estate, dubbed Tranquility, has dropped it’s asking price to $75 million from $100 million. This mean’s it’s no longer part of the $100+ million club which still includes Candy Spelling’s $150 million “The Manor”, Suzanne Saperstein’s $125 million “Fleur de Lys” and David Siegel’s $100 million “Versailles”.

FROM CURBED NATIONAL:

Tommy Hilfiger co-founder Joel Horowitz built his Tahoe retreat in 2000 and filled it with every delight known to mortals: two par-3 golf holes, a 3,200-bottle wine cellar, an art studio with ceramics kiln, an indoor swimming pool, a horse stable, a boathouse, a 16-car garage, and an NBA-regulation basketball court. Plus, there’s a staircase reclaimed from the Titanic, flooring reclaimed from a 17th-century French chateau, flooring reclaimed from the New York Public Library, and a bronze door once owned by newspaper titan William Randolph Hearst. Well, turns out all that reclaiming does not a property sell. Tranquility, as this funhouse is called, has been languishing on the market for a few years now—we thinketh perhaps the $100M price tag had a little something to do with its failure to sell. Today the Wall Street Journal reports that the massive 20,000-square-foot estate has been price-chopped to $75M. In a statement, listing agent Shari Chase called the shiny new price tag “an amazing value.”

CLICK HERE FOR THE LISTING

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Le Château Des Palmiers
Posted by Kenny Forder on May 31st, 2011  |  6 Comments »
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This grand beachfront estate, dubbed Le Château Des Palmiers, is located on the island of St. Martin. The home, which translates to “The Home of the Palms”, is an exquisite residence that blends the elegance of a private château with the amenities of a five-star resort. There is a 5 bedroom main villa, a 4 bedroom gardneside villa, swimming pool, outdoor entertaining areas, tennis court and much more. It is listed at $29,000,000.

CLICK HERE FOR THE LISTING

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Which Game Room Do You Prefer?
Posted by Kenny Forder on May 31st, 2011  |  14 Comments »
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Out of these 4 game rooms, which one do you prefer? I prefer #4. It has a great layout and I love the furniture grade game tables.

Game Room #1 - This high-glam style game room is located in Christina Aguilera’s Beverly Hills mansion; which she is trying to sell.

Game Room #2 – This arcade style game room is located in THIS 24,500 square foot mega mansion in Washington, Utah.

Game Room #3 - This arcade style game room is located in THIS 20,000 square foot mansion in Sands Point, NY.

Game Room #4 - This rustic style game room is located in THIS California party pad.

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Which Lavish Dining Room Do You Prefer?
Posted by Kenny Forder on May 29th, 2011  |  20 Comments »
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Out of these 4 lavish dining rooms, which do you prefer? I personally like #2. Yes, it’s a bit feminine, but I just love the high glam style. It’s sophisticated and classy yet has flair to it. The color of the chairs and wall really make the room pop.

Dining Room #1 - It is located in the 47,000 square foot Le Reve Estate in Cumming, GA, which is on the market for $16.75 million.

This dining room is double height and boasts French doors, a massive fireplace, floor to ceiling windows and seats 18.

Dining Room #2 – It is located in the 36,000+ square foot Champ d’Or estate in Hickory Creek, TX, which is on the market for $35 million.

This high glam style dining room boasts pink chair coverings, pink rug, a light green wall color, crystal chandeliers and candelabras. It also boasts 3 sets of French doors and seats 12.

Dining Room #3 - It is located in the 36,000 square foot Palais du Couchant estate in Beverly Hills, CA, which is on the market for $55 million.

This elaborate dining room boasts marble columns and fireplace, antique furniture, paintings, 2 crystal chandeliers and seats 16.

Dining Room #4 - It is located in a 20,000 square foot estate in Water Mill, NY, which is on the market for $58.5 million.

This gold themed dining room boasts a fireplace, beautiful chandelier, gold colored walls, floral chair seats and rug, 2 antique hutches and a fireplace. It seats 10.

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12,000 Square Foot Mediterranean Estate In Hidden Hills, CA
Posted by Kenny Forder on May 29th, 2011  |  7 Comments »
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This Mediterranean style estate is located at 25190 Walker Road in the Ashley Ridge section of Hidden Hills, CA. It was built in 2001 and boasts 12,115 square feet of living space with 7 bedrooms, 10 bathrooms, 2-story foyer with grand dual wrought iron sweeping staircases, formal dining and living rooms, gourmet kitchen with butler’s pantry, breakfast room, wood paneled library with adjoining office, family room, billiards room, home theater, temperature controlled wine cellar, outdoor dining/living area, resort style swimming pool with cabana and fireplace, outdoor kitchen/barbecue area, 1170 square foot guest house with gym and sauna, flagstone motor court and a 6-car garage. It is listed at $9,950,000.

CLICK HERE FOR THE LISTING

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