Real Estate Industry News

The wheels of the global luxury real estate market keep turning with new sales and new listings popping up every day. Here’s a look at six global markets across the world and what’s recently listed for sale and what’s been sold for $4 million or more.

FOR SALE—$4.3 Million (Captain Cook, Hawaii)

The privacy, tropical setting and aquatic lifestyle that draws many buyers to Hawaiian real estate markets can all be found in this oceanside Big Island property, now available for $4.3 million. Positioned along the pristine coast of Kahauloa Bay, the three-bedroom beach house features a pod-style construction consisting of two structures. A gated courtyard makes for an intimate retreat, complete with tropical landscaping.

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To maximize the best of indoor/outdoor living, massive pocket doors blend an open-concept living area and kitchen with a covered lanai. Built for ocean lovers, the home features a private outdoor shower, storage for surfboards, kayaks and paddleboards and easily accessible pathways to the water’s edge. Set in a gated subdivision, privacy is doubled down with a property gate before the driveway. Jan Nores of Hawaii Life holds the listing.

SOLD—$4.35 Million (Harding Township, New Jersey)

The second home on our list to feature a Guggenheim association, this 14,000-square-foot showplace was designed by Gwathmey Siegel Kaufman & Associates, the renowned architectural firm responsible for the addition and renovation of the Manhattan museum. Following a contemporary style, the home features rounded and asymmetrical elements, extensive windows and minimal adornment. A sense of open space is accented by a striking two-story glass embellished skylight.

In addition to seven bedrooms and nine bathrooms, the compound also houses a library, basketball court and guest house. At $4.35 million, the sale is well above the average price for Harding Township of $885,000. According to listing agent Molly Tonero of Turpin Realtors, the property quickly received three offers, all in cash.

The rare combination of a bucolic, small-town feel with proximity to New York City has made Harding Township one of New Jersey’s most sought-after communities. Regularly considered one of the wealthiest suburban areas in the country, the town sits just 35 miles west of Manhattan and encompasses a rolling country landscape, with pastures, farmland and protected green spaces.

FOR SALE—$4.38 Million (Senneville, Quebec)

An architectural 1967 gem in the distinguished village of Senneville is up for sale for CAD $5.9 million (or roughly US $4,388,000) this six-bedroom, five-bathroom home embodies the best of midcentury-modern designs, with interior floor-to-ceiling windows, a wood slat wall and floating staircase. At the same time, some elements of the home harken back to more traditional stylings, including a weeping brick wine cellar, ornate neoclassical kitchen and herringbone wood floors. A fluid courtyard driveway lined with charming streetlights fronts the residence.

Covering over 14,500 square feet, the floor plan includes amenity spaces like a sauna and movie theater. Long known as one of the most affluent areas in greater Montreal, Senneville stretches along the forested coast of the Lake of Two Mountains. The listing for 299 Ch. de Senneville is held by Profusion Immobilier’s Claudia Lefebvre.

SOLD—$6.195 Million (Turtle Tail, Providenciales, Turks and Caicos)

With its exceptional natural beauty, seclusion and year-round temperate weather, the archipelago nation of Turks and Caicos has caught the attention of luxury developers and investors who are dotting the islands with resorts and turnkey villas. On the southern coast of Providenciales—the most populated of the islands—the renowned Wymara Resort offers waterfront residences, including this recently sold hillside villa for $6.195 million.

Completed in 2018, the modern villa features a clean, stylish design, with natural materials and a soft color palette selected to accentuate the shimmering turquoise of the water below. An infinity pool, plunge pool, ocean-level deck, a screened lounge, and front and back banks of sliding doors place a premium on indoor/outdoor living. The 5,400 square feet that make up the interior include four ensuite bedrooms, a one-bedroom poolside guest house and an open-concept living space, all with far-reaching views of the home’s brilliant surroundings.

Listing agent Latoya Jones of Grace Bay Realty, says new construction and preconstruction properties across the island nation are selling at the most competitive price points and are continuing to strengthen the already successful luxury market.

FOR SALE—$6.145 Million (Kettering, Tasmania, Australia)

Winner of the 2010 Australian Institute of Architects Robin Boyd Award, Trial Bay House in the scenic seaside town of Kettering overcomes an architectural paradox—the four-bedroom home is at once modern and rustic.

Built roughly 40 years ago, the country home has since undergone extensive renovations while retaining touches of its initial character such as the original external lines and timber ceilings. In a single room, the application of wood and stone elements displays both a restrained yet lavish design. Generous use of windows allows for serene views of the rolling coastal countryside and the D’Entrecasteaux Channel. The home’s two wings are adjoined by an enclosed veranda overlooking a pebbled courtyard. A guesthouse with a private balcony is also located on the property.

Situated along the southern coast of the island state of Tasmania, Kettering has a population of less than a thousand, making for a tranquil and private existence. Priced at AU $9.45 million (or roughly US $6,145,570), the listing is held by Tracey Atkins and Robert Fletcher of Melbourne-based Private Property Global.

SOLD—$4.75 Million (Westport, Connecticut)

This three-story Italianate-style mansion is called Franton Court, a name given by previous owner Hilla von Rebay, who was the original curator and co-founder of the Guggenheim Museum. Built approximately 160 years ago, the storied manor has undergone numerous updates including a recent three-year renovation that incorporated modern amenities like a pool, entertainment barn and tennis court. Still, Franton Court retains its original splendor, with ornate interiors, nine fireplaces and manicured grounds.

According to the listing agent Susan Leone of The Higgins Group Private Brokerage, the compound’s two-bedroom guesthouse has attracted such visitors as Wassily Kandinsky, Marc Chagall and Frank Lloyd Wright.

The sizable price tag is not just due to the home’s pedigree but also to the distinguished location in the Green Farms neighborhood where a number of the area’s most expensive properties reside. Nestled along the Long Island Sound within Connecticut’s “Gold Coast,” Westport is known for its stately homes and affluent residents.

Gabrielle Di Bianco, also with The Higgins Group, shared the listing.

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