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. | | | | Revolutionize Your Global Banking with SouthBanking! | | Discover the power of SouthBanking's innovative platform. Manage multi-currency accounts, digital tokens, and seamless international transactions with ease. Enjoy secure, efficient, and accessible global banking tailored to meet your needs. Whether for personal or business use, SouthBanking simplifies your financial operations and puts you in control. | | | | | An $8.5 Million Midcentury-Modern Mansion with a Private Beach | | | | Exclusive Long Island Retreat with Secluded Shoreline A breathtaking midcentury-modern masterpiece nestled on Long Island’s prestigious Cove Neck offers the ultimate in luxurious waterfront living. Designed by the late architect John W. Stedman, this 6,000-square-foot home is perched atop a cliff overlooking the Long Island Sound, offering a rare combination of style, privacy, and expansive views. With 700 feet of private beach, this property presents a one-of-a-kind opportunity to own a piece of architectural history.
A Unique Design with Timeless Appeal Built in 1955, the home was originally crafted as a ship-inspired retreat, with three triangular wings connected by walkway ramps. The design maximizes panoramic views and creates a sense of openness, with decks extending like the prow of a boat. Interior features include built-in furnishings, skylights that evoke the feel of portholes, and exquisite teak paneling throughout. The home maintains much of its original charm, including slate flooring and redwood ceilings, making it a rare find for collectors and connoisseurs of midcentury architecture.
Unmatched Luxury and Space With six bedrooms and six bathrooms, the property provides ample space for both relaxation and entertaining. The expansive sunken living room serves as the heart of the home, anchored by a striking brick fireplace and surrounded by walls of glass that bring the outdoors in. The basement, once an underground fallout shelter, has been transformed into a wine cellar, adding to the home’s unique appeal.
This stunning estate is offered for $8.5 million, providing an exceptional opportunity to acquire a private sanctuary with unparalleled beauty and design. | | | | $15 Million Penthouse Offers Unmatched Views and Luxury | | | | A High-End Escape Above Bellevue The $15 million penthouse at Bellevue Towers redefines luxury living in Washington state. Offering sweeping views of the Cascade Mountains, Puget Sound, and the Seattle skyline, this full-floor residence combines the best of cosmopolitan design with breathtaking natural beauty. Located just 10 miles east of Seattle, this expansive penthouse is currently the most expensive condo in the state, setting a new standard for upscale living.
A Grand Interior with Unrivaled Features Spanning 6,395 square feet, the penthouse includes four bedrooms, three full bathrooms, and one half bath, with an additional 4,000 square feet of outdoor space across three terraces. As one of only three full-floor penthouses in the building, the condo offers the privacy of a mansion combined with resort-like amenities. The entryway, with its marble floors and dazzling chandelier, leads into a double-height living room adorned with floor-to-ceiling windows, showcasing panoramic views of the water and mountains.
Sophisticated Living and Dining Spaces The open-concept layout includes two distinct living areas: one with a cozy TV couch and the other with a lounge space centered around a full bar and a marble fireplace. The kitchen, designed with a Calacutta marble island and custom wood cabinetry, serves as both a cooking area and a gathering space. Natural light floods the kitchen through expansive windows, offering stunning views throughout the day.
An Opulent Master Suite and More The primary suite is nothing short of extraordinary, with a sitting area, terrace access, and a designer closet that rivals the finest boutiques. The bathroom features marble surfaces, dual vanities, a deep soaking tub, and a spacious seating area. A fitness room and office space are also included, both connected to the terraces, further enhancing the home’s appeal as a private, luxurious retreat.
With its high-end amenities, expansive views, and unmatched privacy, this penthouse represents the pinnacle of Bellevue living. | | | | | | | | | | Housing Market Faces Pressure as Buyers Retreat | | | | Rising Costs Squeeze Affordability
The cost of purchasing a home remains dramatically higher than before the pandemic, with monthly payments averaging more than $1,200 above pre-2020 levels. While incomes have grown, the pace has not kept up, leaving many buyers priced out of the market.
Sellers Confront Sluggish Conditions
This year has proven one of the most challenging for sellers in nearly a decade. Prices are stagnating, homes are lingering on the market longer, and pending sales continue to decline. Although inventory has rebounded in some regions, particularly in the South and West, demand has not kept pace.
Builders Struggle With Shrinking Margins
Homebuilders face the dual challenge of rising labor and material costs alongside weakening buyer demand. New-home sales have fallen on both a monthly and yearly basis, and builders have been forced to cut prices to move inventory. Compressed margins are prompting many to slow construction activity, further tightening future supply.
Mortgage Rates and Market Uncertainty
Rates have hovered near a 10-month low, offering some relief, but political volatility and economic data continue to create uncertainty. Inflation remains above target levels, leaving the Federal Reserve in a delicate position as markets anticipate future rate decisions.
Luxury Market Defies the Trend
While much of the housing sector remains sluggish, luxury markets tell a different story. In Miami, more than half of purchases above $1 million are made in cash, insulating high-end sellers from broader market pressures. This cash dominance allows affluent buyers to secure prime properties while sellers wait patiently for offers that match their expectations. | | | | Inside the $29 Million Manhattan Penthouse | | | | A Three-Story Marvel in Upper East Side Luxury Located atop the exclusive 180 East 88th Street in Manhattan’s Upper East Side, this $29 million penthouse offers an unrivaled blend of architectural elegance and panoramic views. With a private elevator serving all three floors, the expansive 5,500 square feet of living space captures the essence of modern luxury living. The residence is perched high above the city, offering sweeping vistas of Central Park, the city skyline, and beyond.
Sophisticated Interiors with Impressive Features The triplex features soaring ceilings, reaching up to 39 feet in some areas, and floor-to-ceiling windows that fill the home with natural light. The main level is designed for both comfort and style, with an open-plan living room, a formal dining area, and a great room complete with a wet bar and fireplace. The custom Molteni & C Dada kitchen boasts premium finishes, including Statuario marble countertops, Gaggenau appliances, and brass fixtures by Fantini.
Private Retreat with Luxury Amenities The penthouse includes five generously sized bedrooms, each offering privacy and comfort. The primary suite is a luxurious escape, complete with a fireplace, a dressing room, and a loggia terrace that provides a perfect setting for relaxation or entertaining. The en-suite bathroom combines marble surfaces with mosaic walls, oak cabinetry, and brass accents.
Custom Designs and Artistic Touches Designed by IMG’s in-house team, the penthouse features bespoke furnishings and large-scale artwork that enhances the residence’s vast interiors. A standout piece is the 20-foot-tall monochromatic installation in the dining room, adding a dramatic flair to the space. The neutral color palette complements the home’s bold architecture, highlighting the arches and curved elements that define the penthouse’s aesthetic.
Outdoor Living in the Sky This penthouse offers 3,500 square feet of outdoor space across three levels, including a 2,100-square-foot rooftop terrace. The terrace features a 14-person dining table and a gas-burning fireplace, perfect for outdoor gatherings with unparalleled views of the city. With only 47 residences in the building, this exclusive penthouse is part of a select community, offering access to exceptional amenities such as a 24/7 concierge, fitness studio, and private indoor soccer pitch. | | | | Tuscan-Inspired $37 Million Bel-Air Estate | | | | A Glimpse of Italy in Bel-Air This $37 million Tuscan-inspired estate in Bel-Air transports you to the heart of Italy. Combining the charm of 1920s Spanish Revival architecture with modern luxury, the estate spans just under an acre, offering both privacy and grandeur in one of L.A.’s most coveted neighborhoods.
Opulent Design with Global Influence Every detail of this home reflects meticulous craftsmanship and international influences. The home features 11,050 square feet of living space, including seven bedrooms and nine bathrooms. Imported materials such as Italian Porphyry cobblestones and Bodega limestone-clad porticos contribute to the estate’s timeless elegance.
An Inviting Interior Full of Light The open-plan living areas are flooded with natural light, thanks to arched steel windows and glass doors that open to the expansive backyard. The grand ballroom features original tiles and arches that preserve the home's historic essence. Marmorino plaster and hand-crafted iron railings add a touch of old-world charm.
Luxury Living with European Charm The estate’s oversized kitchen is designed for both beauty and function, featuring a Calacatta Delicato marble island and vintage British milk glass lighting. The primary suite is a sanctuary, complete with a private terrace, antique fireplace, and dual bathrooms with custom millwork.
Outdoor Beauty with Italian Inspiration The backyard is a true paradise, featuring a large pool, outdoor kitchen, pizza oven, and a fire pit created from 18th-century French troughs. The courtyard boasts mature olive and citrus trees, while the separate gym and loggia complete the property’s exceptional offerings.
With its serene atmosphere, lush landscaping, and attention to detail, this estate provides an idyllic retreat just minutes from the heart of Los Angeles. |
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