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. | | | | Unlock Exclusive Access to High-Value Readers | | Welcome to Prime Properties Daily – your ultimate destination for high-end real estate insights. From breathtaking architectural designs to lucrative investment opportunities, we deliver essential updates on the world’s most exclusive properties and luxury markets. Trusted by our readers for expert commentary and market trends, Prime Properties Daily also offers advertisers an exceptional platform to connect with a highly engaged, affluent audience.
Our readership is composed of discerning individuals, with a 60% male and 40% female split, primarily aged 30 to 69, and heavily concentrated in the 40-49 demographic. Earning between $120,000 and $250,000 annually, these are real estate investors, high-net-worth individuals, agents, and brokers who prioritize luxury living, property investments, and market trends. Their interests encompass high-end home design and renovations, reflecting their focus on exclusivity and premium quality.
Geographically, this audience is concentrated in key high-value markets such as California, Florida, and New York, making Prime Properties Daily the ideal platform for brands seeking to engage with the elite real estate community. | | | | | Iconic Beverly Hills Estate Sells for $65 Million | | | | The legendary Danny Thomas estate in Beverly Hills has been sold for $65 million. Originally listed in 2015 for $135 million, the sprawling property is located in the prestigious Trousdale Estates area. The deal is being finalized by Evan Metropoulos, who has made significant investments in luxury real estate.
A Major Beverly Hills Property Spanning 2.5 acres, the estate features a grand 18,000-square-foot residence with seven bedrooms. Situated on a promontory, it offers expansive views, making it a standout among the finest properties in the region. The mansion, constructed in 1970, was meticulously renovated by the previous owner, adding to its allure and value.
An Impressive Real Estate Portfolio This acquisition adds to Metropoulos' impressive real estate portfolio, which includes a significant 2-acre estate in Key Biscayne, Florida, purchased for $47 million. A neighboring property was also acquired for $11.8 million with plans for future development. The Metropoulos brothers, known for their successful investments, continue to expand their influence in the luxury real estate market.
A Storied History Once the home of comedian Danny Thomas, the property has a rich history. After his widow’s passing in 2000, the estate was sold for $15 million. Over the years, it has undergone extensive renovations, transforming it into the opulent estate it is today. | | | | Exclusive South Georgia Plantation Sold for $40 Million | | | | A South Georgia quail-hunting plantation has been sold for approximately $40 million. Known as Blue Springs Plantation, the expansive property was not listed for sale but was acquired through a private agreement. Spanning around 7,235 acres across Baker and Dougherty counties, the plantation is located in an area renowned for its prime quail-hunting grounds, often referred to as the "quail belt."
A Prime Hunting Destination The plantation, about 90 miles north of Tallahassee, Florida, is known for its sought-after wild quail hunting, attracting enthusiasts from across the country. The property includes a plantation house featuring a gun room and a library, though it is in need of significant renovations. The new owner plans to restore the estate to its former glory, enhancing its appeal as a hunting retreat.
A Legacy of Ownership The Mountcastle family of Tennessee, who had owned the property for nearly 50 years, sold Blue Springs Plantation to its new owner. The plantation is adjacent to Ted Turner’s Nonami Plantation, a neighboring estate that was once part of Blue Springs. This sale continues a trend of high-profile transactions within the prestigious hunting region.
Renowned Hunting Grounds The quail belt in Georgia remains one of the most exclusive and desirable locations for quail hunting in the United States. The sale of Blue Springs Plantation adds to the area's reputation as a premier destination for outdoor enthusiasts. | | | | | | | | | | Palm Beach Sees 63% Surge in Home Sales | | | | Palm Beach continues to captivate the world’s elite, with a significant spike in property sales, while nearby areas experience a more tempered market.
In the first quarter, Palm Beach recorded a 63.2% increase in single-family home sales, with 31 properties sold. The median price reached $13.95 million, marking an 11.6% increase from the previous year. In the luxury segment, representing the top 10% of the market, sales were fewer, but the median price soared by 70.9%, reaching $23.75 million.
Luxury Condo Market Shows Moderate Growth Condominium sales on the island, which represented the majority of transactions, exhibited more modest growth, with a median price of $1.5 million.
Across the Intracoastal Waterway, West Palm Beach displayed a contrasting trend. The number of closed sales declined, while the median sale price for single-family homes rose by a modest 2.1%, reaching $590,000. The city’s luxury segment followed a similar path. Inventory increased significantly, with a 32.2% rise in available homes compared to last year, resulting in 11.5 months of supply.
Nearby Areas Reflect Market Cooling Other South Florida towns, including Boca Raton and Fort Lauderdale, mirrored this cooling trend, with slower sales and rising inventory. However, prices remained resilient. In Coral Gables, a luxury Miami suburb, prices for single-family homes surged by 45.1%, reaching a median of $2.55 million.
In Miami Beach, the upper-end luxury market helped offset some of the slowdown. The median price for luxury single-family homes soared by 118% to $28.9 million, driven by eight sales above $22 million. Luxury condos also saw an 18.1% increase. However, in the broader Miami Beach market, the median price grew by a modest 4.3%, while inventory surged by 34.1%, and sales dropped by 17.1%.
Miami Beach Experiences Mixed Trends Despite inventory rising across most Miami Beach submarkets, sales declined, except for the ultra-luxury islands and Key Biscayne. In these areas, both single-family homes and condos in Mid-Beach, South Beach, and Key Biscayne, as well as properties in Surfside, saw prices remain steady or increase.
As the traditional spring selling season begins, an uncertain economic landscape and recession fears are influencing market patterns, contributing to slower-than-usual activity. | | | | $9.7 Million Nashville Estate With Secret Passage and Heated Pool | | | | A lavish Tudor-style estate in the Oak Hill neighborhood of Nashville, Tennessee, has come on the market for $9.7 million. Spanning 2.5 acres, the residence offers 12,100 square feet of luxurious living space, including a main house and an au pair apartment. The property was once part of Leland Manor, the largest horse farm in Nashville, and boasts a rich history, including a connection to Andrew Jackson's attorney, John Overton.
Timeless Tudor Elegance Built in 1973, this five-bedroom, seven-bath home features steeply pitched gable roofs, half-timbering, and a mix of brick and masonry accents, all hallmarks of the Tudor style. The foyer’s herringbone wood floors and the living room’s Archistone fireplace set the tone for the home’s refined atmosphere. A solarium offers abundant natural light, while the formal dining room is adorned with elegant wallpaper and a coffered ceiling. A spacious library, complete with floor-to-ceiling bookshelves, adds a sense of sophistication to the home.
Private Retreat with Modern Luxuries Upstairs, the primary suite features its own fireplace, a walk-in closet, and an expansive bathroom. The guest wing includes a spacious great room with a full kitchen, perfect for hosting visitors. A unique highlight of the home is the secret passageway, hidden behind a bookcase, leading to a private home theater. The estate also boasts an expansive wine cellar, a gym, and a home office with a separate entrance.
Exceptional Outdoor Living The outdoor space is equally impressive, with a pavilion equipped with a kitchen and fireplace for seamless entertaining. A heated pool and spa provide the perfect setting for relaxation or post-workout rejuvenation. The home is located near renowned attractions such as the Bluebird Cafe, Radnor State Park, and the Grand Ole Opry, offering a blend of privacy and access to Nashville’s best offerings. | | | | $12 Million Penthouse Blends History with Modern Luxury | | | | Perched atop The Montgomery in Chicago’s prestigious River North neighborhood, a breathtaking triplex penthouse offers an exceptional blend of bespoke luxury and the city’s rich architectural heritage. Listed for $12 million, this one-of-a-kind residence spans 10,000 square feet across three levels and boasts panoramic city views, making it a true masterpiece of design and functionality.
A Grand Entrance and Soaring Interiors Upon entry, the 27th floor greets visitors with a foyer that seamlessly leads to a triple-height living room. Floor-to-ceiling windows frame the spectacular skyline views, filling the space with natural light. The living room features ample seating and custom millwork by Bernhardt, creating an elegant backdrop for art and design. The room is also home to a grand piano, enhancing its sophisticated ambiance.
Sophisticated Spaces for Relaxation and Dining To the side of the living room, a set of pocket doors opens to a stunning wood-paneled library with a wood-burning fireplace and a hidden bar, offering an ideal retreat. On the opposite side, the formal dining room features custom Parisian chandeliers and chic, shagreen-accented cabinets. The 27th floor also includes a sleek kitchen, a cozy family room, and a temperature-controlled wine cellar, elevating the home’s entertainment capabilities.
Private Quarters with Views and Amenities The upper floors are accessible via a private elevator or a floating staircase. The 28th floor houses the bedrooms, including two guest rooms with ensuite baths and ample closet space. A bridge spans the living room, connecting to a spacious office, a lofted gym, and a unique area ideal for a reading nook or art studio. The primary suite offers a private terrace, a luxurious bath, and a vast walk-in closet, completing this exquisite living space.
Outdoor Living and Ultimate Comfort The 29th floor is dedicated to relaxation and entertainment, featuring a penthouse lounge with a kitchenette and a landscaped terrace. The outdoor space includes a built-in kitchen, alfresco dining area, and expansive city views. The home also offers four heated garage spaces, a rare and valuable luxury in Chicago’s winters. |
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