You are receiving this message because you have visited our site and requested to be contacted. If you no longer wish to be contacted, please use the removal link:Â REMOVE. | | | | Reach Your Ideal Audience Today | | Position your brand at the forefront of elite finance and technology communities by partnering with Wealth Daily Newsletter.
Since its launch in July 2022, Wealth Daily has become a trusted resource for High Net Worth Individuals (HNWIs), Family Offices, Venture Capitalists (VCs), and Asset Managers navigating the complex landscapes of business, finance, technology, and AI.
With a highly engaged subscriber base spanning the U.S. and Canada, concentrated in financial and tech hubs like New York, Silicon Valley, and Toronto, advertisers gain direct access to affluent decision-makers who prioritize innovation, investment opportunities, and industry insights. Leverage this exclusive platform to connect with a discerning audience that values impactful messaging, exclusive events, and cutting-edge trends. | | | | | A $29 Million Piece of History in Pebble Beach | | | | This iconic ocean-view estate, named Bella Vista, offers a rare glimpse into the past with a blend of modern luxury and historic charm. Built in 1927, this Spanish Revival residence spans over 8,200 square feet and sits atop the prestigious Strawberry Hill in Pebble Beach. Recently listed for $29 million, Bella Vista is a masterpiece that has withstood the test of time, with a thoughtful renovation ensuring its original grandeur is preserved.
An Exceptional Renovation Despite its age, Bella Vista is equipped with a wide range of modern amenities, including a private basketball court, two putting greens, and a swanky wine cellar. The property underwent a meticulous two-year renovation, transforming the main residence into a stunning living space that retains its historic charm while offering the utmost in comfort and style. The owners spared no expense, ensuring that both the exterior and interior were restored to perfection. This includes a newly renovated guesthouse and carriage house, making the estate an extraordinary place to live.
Exquisite Interiors and Unmatched Views The home’s five spacious bedrooms are complemented by a beamed living room, complete with a decorative stone fireplace and its own private terrace. The chef’s kitchen opens into a wine cellar, ideal for those who appreciate fine wine. The residence’s pièce de résistance is a billiards room and lounge, where guests can enjoy panoramic views of the Santa Lucia Mountains and the Big Sur coastline. This outdoor space is nothing short of spectacular, with meticulously landscaped gardens, a bocce court, hot tub, and multiple fire pits, creating a private oasis that feels like a park. | | | | $15 Million Ski Chalet: A Bond Villain’s Dream Home | | | | For those who prefer a modern, mysterious escape, this $15 million mountain getaway in Utah is the ultimate destination. Nestled on Powder Mountain, this striking all-black chalet would be the perfect hideout for any anti-hero. The Dark Chalet, completed in 2020, boasts a futuristic design that is equal parts luxurious and ominous, blending seamlessly into the stunning natural landscape.
Bold Design Meets Functionality The home, designed by L.A. architect Tom Wiscombe, features glossy and matte-black glass solar panels, making it as eco-friendly as it is visually stunning. Spanning 5,900 square feet, the residence generates 300% of its energy needs, making it an impressive feat of sustainable architecture. Inside, the open floor plan embraces minimalist design, with very few interior walls, allowing for an uninterrupted flow of space.
Stunning Features and Impressive Spaces The highlight of the home is its massive central fireplace, embedded into a glass-railed staircase that connects all levels of the chalet. The interior is bathed in light, thanks to floor-to-ceiling windows that offer breathtaking views of the surrounding mountains. As night falls, the dining room ceiling comes alive with an LED installation mimicking the Orion constellation, further adding to the home’s otherworldly atmosphere. | | | | | | | | | | Palm Beach’s Ultra-Luxury Market Sizzles as Other Florida Markets Cool | | | | South Florida’s High-End Scene Settles After Multi-Year Surge
Florida’s most exclusive enclave, Palm Beach, remains the standout performer in South Florida’s luxury real estate market—showing rising prices and sales in the second quarter, even as other cities begin to normalize following a prolonged boom.
Palm Beach Defies Regional Trends
The median price for single-family homes in Palm Beach climbed to $12.9 million, with condos reaching $1.8 million. Across the Intracoastal, West Palm Beach saw luxury single-family home prices soar 31% year-over-year despite a dip in sales.
Luxury properties are outperforming their broader markets, driven by buyers less affected by mortgage rates—many opting for cash or alternative financing strategies typical of ultra-wealthy investors.
Mixed Signals in Surrounding Markets
West Palm Beach’s wider market showed mixed results: single-family home prices nudged up 4.1%, while condo prices dropped 12.7%, accompanied by sales declines across the board. Miami Beach experienced a 14.6% price increase across luxury segments, yet sales fell 25%. Condo sales were somewhat resilient despite a 25% price drop from 2024, while single-family homes saw fewer sales and a milder 15% price decrease.
Rising Inventory, But Not Alarming
Inventory rose significantly in Miami Beach, Coral Gables, and West Palm Beach’s luxury condo markets—up 40% or more—though levels remain below historical peaks. Contrastingly, Gulf Coast condo inventories declined.
The market’s absorption rate remains steady, indicating normalization rather than oversupply.
Market Outlook: Stabilization Ahead
The South Florida luxury market appears to be leveling off after years of explosive growth. Pricing trends vary by location but generally show flat to modest gains, signaling a market in equilibrium after pandemic-era surges. | | | | Oceanfront Property in Encinitas: A $9.8 Million Dream Home | | | | Set against the breathtaking backdrop of Moonlight State Beach in Encinitas, this midcentury duplex offers a rare opportunity to own a piece of coastal history. Priced at $9.8 million, the home is situated on a bluff, giving it an unparalleled location that could not be recreated due to modern building codes and environmental regulations. Built in 1963, the two-story structure consists of two self-contained residences—each with its own charm and unique features.
Unique Coastal Location The home’s rare positioning on the edge of a steep coastal bluff allows for sweeping ocean views from nearly every room. The 1,832-square-foot property offers a main house and guest house, totaling three bedrooms and three bathrooms. Original elements, such as wood-paneled walls, terrazzo flooring, and textured glass, have been preserved and enhanced. Floor-to-ceiling glass walls open to slender decks that hover above the beach, offering ship-like views of the ocean below.
Classic Midcentury Charm with Modern Updates In the main house, vintage light fixtures and a spacious, open living and dining area give the space retro appeal, while the updated kitchen features modern cabinetry and stainless-steel appliances. The master bedroom provides serene ocean views, and one bedroom includes a built-in desk space. A small terrace outside the dining area offers expansive views of the coastline. The guest house, with one bedroom and one bathroom, mirrors the same coastal charm, including a protected terrace that overlooks the lush gardens.
Private Oasis and Direct Beach Access The property’s gardens are professionally landscaped, featuring tropical foliage, fire features, and a custom-lit putting green that can be enjoyed at night. A private staircase leads directly to 75 feet of beach frontage, offering an exclusive connection to Moonlight Beach. Additional amenities include off-street parking for five vehicles, a two-car garage, and a secured entry through a bright red gate, which opens into a peaceful courtyard garden. | | | | L.A. Spanish Colonial Villa Now Available for $18.4 Million | | | | A stunning Spanish Colonial Revival villa, tucked away in Los Feliz, has hit the market for $18.4 million. Built nearly a century ago, this timeless residence offers a blend of vintage allure and modern updates. Featuring six bedrooms and twelve bathrooms, the villa spans over 11,000 square feet and has undergone a thoughtful restoration, maintaining its original character while introducing contemporary comforts such as a Control4 automation system.
A Rare Architectural Gem Located on nearly an acre of land, this villa offers sweeping views of the L.A. Basin. Originally constructed in 1929 for a prominent automotive executive, the home was designed by the renowned architect Harry Hayden Whiteley. Its three-level layout boasts coffered ceilings, stained-glass windows, and intricate details that evoke the grandeur of the Mediterranean estates, blending seamlessly with the glamour of old Hollywood.
Impressive Interior Features The main level features a grand rotunda entry foyer with a curved wrought-iron staircase. The living room exudes elegance, with hardwood floors, a baronial fireplace, and French doors leading to a balcony overlooking the pool and spa. A fireside library with a Prohibition-style bookcase bar, a formal dining room with a hand-stenciled wood ceiling, and a gourmet kitchen with commercial-grade appliances complete the opulent spaces designed for both entertaining and relaxation.
Luxurious Bedrooms and Amenities The villa’s upper level holds all six bedrooms, including a master retreat with dual walk-in closets and a spa-inspired bath. The lower level is dedicated to leisure, featuring a gym, media room, and a climate-controlled wine cellar. The property also includes a motor court and four-car garage, offering ample space for luxury vehicles. |
|
|
