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: REMOVE. | | | | Get Your Brand in Front of Thousands | | Welcome to The Millionaire – your premier source for exclusive lifestyle news and trends. Each edition is meticulously curated to elevate your daily life with insights into luxury, culture, style, technology, travel, and more. Designed to inspire and inform, The Millionaire is not only a trusted resource for our affluent readership but also a high-impact platform for advertisers seeking exceptional engagement and brand affinity. Our audience comprises sophisticated high-income professionals, including business owners, investors, and executives, predominantly male (65%) with a strong female segment (35%). Readers are primarily aged 35 to 54 and boast annual incomes between $150,000 and $300,000. They are drawn to luxury goods, financial strategies, high-end travel, and exclusive experiences. Geographically, they are concentrated in urban and suburban areas of major metropolitan hubs like New York, Los Angeles, and Chicago, aligning with a lifestyle of premier access and exclusivity. Advertisers with The Millionaire connect directly with this discerning audience, achieving unmatched resonance within a community that values quality, innovation, and luxury. | | | | | Exclusive Hidden Hills Estate Back on Market for $12.5 Million | | | | A Quick Turnaround in Hidden Hills Real Estate A remarkable Hidden Hills estate is back on the market, now priced at $12.5 million. This move comes just two weeks after the property was under contract. Spanning over 3 acres, the property offers breathtaking panoramic views of both the city and the mountains. The estate first entered a contingent contract on December 17, with the final sale amount undisclosed.
A History of Price Adjustments Originally listed for $17 million in 2015, the estate has seen significant price adjustments over the years. After initially lowering the price to $14.5 million, it reached its current asking price of $12.5 million in February 2016. The home was previously sold in January 2010 for $8.2 million to a trust named after the street it resides on.
An Entertainment Lover’s Dream Home Nestled in the coveted Ashley Ridge neighborhood, this traditional-style residence is a true luxury. It includes an expansive living and dining area, a gourmet kitchen, and a family room that leads to an outdoor veranda overlooking a stunning pool and spa. With a total of nine bedrooms and twelve bathrooms, the home spans over 17,000 square feet, offering ample space for every need.
Perfect for entertaining, the property includes an entertainment wing featuring a gym and dance studio, a recording studio, a movie theater, a game area, a professional wet bar, and a dressing room. Additional features include an eight-car garage, ample parking space, children’s play areas, and access to nearby hiking and equestrian trails. | | | | Chelsea Townhouse Finds New Owner After Price Cuts | | | | A Historic Property with Boundless Potential An exceptional townhouse in the heart of Chelsea has recently found a new owner after a series of price adjustments. Originally listed for $8.995 million in April of the previous year, the price was gradually reduced to $8.25 million, reflecting shifts in the real estate market and a growing sense of urgency among buyers. The final transaction took place within the last few days, though the specifics regarding the sale price and the identity of the new owner have yet to be disclosed.
Prime Location, Endless Possibilities This townhouse, a remarkable example of New York’s architectural history, is located in one of the city's most coveted neighborhoods. With a history dating back nearly a century, the property offers 4,300 square feet of space, spread across four expansive floors. At a width of 20 feet, the townhouse is a rare find in the dense and highly desirable Chelsea district. The structure has been stripped down, presenting a pristine canvas for the buyer to reimagine and transform the space into a modern masterpiece. This renovation opportunity provides the buyer with the unique chance to combine the property's rich history with cutting-edge design.
A Blank Slate for Customization The interior of the townhouse is currently in its rawest form, having been cleared to allow for extensive customization. The new owner has the rare opportunity to shape this historic building into a personalized space that suits their vision for urban living. The four stories offer ample room for creative redesign, whether for residential use or even potential commercial ventures, depending on the buyer’s needs. With its generous square footage and flexible layout, this townhouse is a canvas for endless possibilities.
The Changing Landscape of Manhattan Townhouses Over the past year, the Manhattan townhouse market has experienced a shift, with a slight softening of prices and demand. This has created a window of opportunity for buyers to acquire properties that might otherwise have been out of reach. While the overall market for luxury real estate in Manhattan remains competitive, the slower pace of townhouse sales has allowed buyers to be more discerning and take the time to find a property that truly speaks to them. The recent sale of this Chelsea townhouse is indicative of the evolving market, where price adjustments open up opportunities for those looking to invest in a piece of New York City’s history.
Reimagining a Historic Gem This sale represents an exciting chance for the new owner to breathe new life into a historic building, blending timeless architecture with modern amenities. The location, in particular, adds immense value, as Chelsea continues to be one of Manhattan’s most desirable neighborhoods for both residential and commercial ventures. The townhouse’s proximity to world-class dining, shopping, and cultural institutions, along with its architectural charm, ensures it will remain a standout property in the area.
As the real estate market continues to evolve, this Chelsea townhouse serves as a prime example of how historic properties, though impacted by market fluctuations, still hold incredible potential for those with the vision and resources to transform them. Whether for personal enjoyment or as an investment opportunity, this property represents a unique and rare find in New York City’s dynamic real estate landscape. | | | | | | | | | | Maui Residents Face Long Road to Recovery After Wildfires, But Hope Shines Through | | | | The Struggle to Rebuild After the Fires Eighteen months after the catastrophic wildfires in Maui, many residents are finally able to return to the island, though not without challenges. The fires destroyed over 2,000 homes and buildings, leaving thousands displaced and forcing them into temporary housing. While some have been provided with new accommodations, the situation remains far from ideal.
A large portion of the displaced population has been settled in temporary wood-framed, modular homes located in West Maui. This community, consisting of 450 small homes, was created to offer some immediate relief. However, there are concerns about the durability of these structures in the harsh sun and salt air, with no guarantee as to how long they will last.
A Temporary Solution with Long-Term Concerns These tiny homes may provide temporary comfort for residents, but there are fears about their longevity. Made from wood framing, these modular units are expected to face challenges from the island's climate. While some see them as a much-needed solution, others worry about their ability to withstand Maui's environmental conditions. For many, the hope is that these homes will serve as a bridge until more permanent housing can be secured.
The Housing Crisis That Predates the Fires Maui was already struggling with a housing crisis before the fires, with skyrocketing rents and an insufficient supply of affordable homes. The wildfires exacerbated the issue, leaving many residents in dire need of stable, long-term housing solutions. The new homes in West Maui were specifically built for those who didn’t meet FEMA housing requirements, but with the state-owned land that houses these homes eventually being transferred to Native Hawaiians in 2029, it remains unclear how long these homes will be available.
Rents in the area are expected to surge once FEMA housing expires, further pricing out families who have lived on the island for generations. This has led to growing concerns that long-term residents could be pushed out of the island entirely as the cost of living continues to rise.
Housing Developments Amid Slow Permitting Processes To help combat the housing shortage, a temporary housing community named Ka La‘i Ola was launched, offering 450 homes to displaced residents. However, the project’s budget has ballooned from an estimated $115 million to $185 million, with many criticizing the rising costs. These homes are guaranteed to remain in place only for the next five years, leaving families uncertain about their long-term future.
Meanwhile, FEMA is working on additional temporary housing units, though their availability is limited, and families will soon face the reality of paying rent. The overall process of rebuilding remains slow, with many permits delayed due to complex regulations and zoning restrictions. Though more than 200 permits have been issued, only a few homes have been rebuilt since the fires.
Water and Infrastructure Issues Hinder Progress One of the primary obstacles in the rebuilding process is access to water. Temporary homes built outside Lahaina have strained local water resources, leaving residents without the necessary infrastructure to properly rebuild. The permitting process is also hindered by lengthy wait times, with some families facing delays of up to 200 days. While infrastructure such as water, power, and sewers has been restored, the lack of progress in rebuilding Lahaina has caused frustration among local lawmakers.
Ironically, luxury condos have been developed in the area while single-family homes are still waiting for permits. This contrast has further fueled local resentment, as residents are left living in temporary shelters while new luxury developments spring up nearby. | | | | $75 Million Beachfront Estate Offers Oceanfront Luxury | | | | A Coastal Haven of Luxury Located in the prestigious Carpinteria community, this stunning estate on Padaro Lane is now available for $75 million. Spanning over 12 acres, the property offers sweeping views of the Pacific Ocean, Loon Point Beach, and the Channel Islands. With nearly 11,000 square feet of living space, this coastal retreat boasts five luxurious bedrooms and 11 bathrooms, all set against a backdrop of lush, meticulously landscaped gardens.
Exquisite Mediterranean Architecture Meets Modern Living Built in 2018, this sprawling Mediterranean-style mansion combines classic charm with modern elegance. The home’s exterior features classic red roof tiles and stucco walls, complemented by arched windows. Inside, the open-concept design emphasizes an indoor-outdoor lifestyle with soaring ceilings, vaulted details, and coffered accents. The spacious living room and library both highlight these design elements, creating a sense of grandeur.
An Ocean-View Sanctuary The primary bedroom, designed as a private sanctuary, offers breathtaking views of the ocean through a massive arched window and folding doors that open to a private patio. The room is complete with a sitting area and a lavish walk-in closet. The en-suite bathroom, offering sweeping ocean views, is an oasis in itself. A tiered pathway leads from the patio, offering a serene spot for morning strolls amid lush landscaping.
Outdoor Oasis and Ultimate Privacy The expansive grounds offer complete privacy, with blooming florals and Italian cypress trees surrounding the pool area. Generous terraces provide unobstructed views of the mountains and coastline, making it an ideal place to unwind. A high-tech security system ensures peace of mind, making this estate the ultimate coastal escape. | | | | Iconic Palm Springs Home Priced at $2.2 Million | | | | A Modernist Gem in Twin Palms An exquisite example of midcentury modern architecture, this 1957 home designed by William Krisel is now on the market for $2.2 million. Located in the renowned Twin Palms neighborhood of Palm Springs, the property is listed on the National Register of Historic Places, a testament to its historical and architectural significance. Krisel’s designs helped define the desert modernist style, and this home remains a prime example of his visionary work.
Updated Design Meets Timeless Features The 1,600-square-foot residence features three bedrooms and two bathrooms, set on a quarter-acre lot with native plantings and towering palms. A circular driveway and a barrel cactus-lined entrance lead to the front door. While the interior has been updated for modern living, it retains original elements that are a hallmark of Krisel's designs, such as clerestory windows, large glass expanses, and sliding doors that seamlessly blend indoor and outdoor spaces. High ceilings and terrazzo flooring further enhance the home’s architectural beauty.
A Living Space Bathed in Natural Light The heart of the home is its open-plan great room, which boasts a wood-beamed ceiling and a white-and-yellow masonry fireplace. The kitchen, though upgraded with stainless steel appliances, retains a vintage feel with retro pale green accents on the wood cabinets. A window over the sink provides a scenic view of the backyard, completing the charming atmosphere.
Outdoor Living with Stunning Views The backyard is a peaceful retreat with a saltwater pool featuring curved edges, a spa, and a waterfall. Manicured lawns, fruit trees, and a quaint outdoor barbecue area add to the serene ambiance. Tall hedges and a light blue fence ensure privacy, while the surrounding palms and mountains provide a breathtaking backdrop. |
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