The Return of the $100 Million Home Listings
It seems as though $100 million house listings are on the rise in the United States! Real estate analysts have pointed out that more than a dozen homes in the U.S could well be listed in the market with a price value around $100 million.
This list is very near the figure of the 2007 house listings, when the industry was in its best phase. Jonathan Miller, the CEO of Miller Samuel, a consulting firm points out that this boom is the best that he has ever seen.
With this kind of price value prevailing in the market, buyers are prioritizing land value as well as location over the interior of the home, as these are small details that can be altered.
Located on Martha’s Vineyard, Massachusetts is Homer’s Pond, the latest addition to enter the nine figure club listing. Homer’s Pond is the most expensive home in that location. This property is more of a secluded estate having a cover area of around 314 acres and it lies off the south shore of the island. Any potential buyer can expect to have around 1,200 square feet of oceanfront land, along with a 35 acre freshwater pond.
The property offers a breathtaking 180 degree view of the pond and the ocean. This 5,600 square foot house includes a one bedroom beach house along with a pool house. These additional facilities have been added steps away from the beach, making the experience truly remarkable. South Light Property, a relatively new entrant in the real estate market dealing with Homer’s Pond, the company has listed the home for $118 million. An interesting feature is this property can be sold in three segregated pieces (100 acres, 165 acres, or 265 acres) which can be purchased with prices varying between $31 to $44 million.
Copper Beech Farm
Copper Beech Farm tops the list as the most expensive listing in the United States, with a price tag of $190 million.
Enjoyed by the Lauder Greenway family from their purchase in 1904, the main attraction of this French renaissance-style mansion is the 4,000 feet of ocean front views which includes two islands.
This 13,519 square ft estate sits on a 50 acre property in Greenwich, Connecticut, with 12 bedrooms that match the ambiance of the property.
The location provides plenty of privacy to enjoy the 75 foot pool with a spa. Indoors there are seven full baths and two half baths, guests will always have a place to stay.
Upper East Side Penthouse
Other nine figure listings are making waves in the U.S real estate market. Some of these include Steve Cohen’s Upper East Side penthouse in New York, which has been listed for the amount of $115 million. Cohen recently purchased a $60 million Hamptons estate, as his Bloomberg Tower duplex just hit the MLS. The founder of S.A.C Capital Advisors, Steve Cohen purchased the property in 2005 for $24 million. The billionaire then hired an architect by the name of Charles Gwathmey to revamp the space. With 24-foot ceilings and two stories of windows to overlook Central Park, anyone can understand the hefty price tag.
If the four-bedroom sells before Martin Zweig’s $125 million listing, it will be the most expensive sale on a Manhattan apartment.