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Concierge Auctions: Bel Air Trophy Property Achieves $18.844 Million at Auction in Just 32 Days

Nestled along West Hollywood’s prestigious Hills, 10710 Chalon Road is pending sale in cooperation with Aaron Kirman of AKG Christie’s International Real Estate NEW YORK, NEW YORK, USA, April 16, 2024 /EINPresswire.com/ -- Today, Concierge Auctions announced that 10710 Chalon Road, a trophy estate nestled within the exclusive Bel-Air Country Club neighborhood along West Hollywood’s prestigious Hills in Bel Air, Los Angeles, California, is pending sale. The property achieved $18.844 million at auction in just 32 days in cooperation with Aaron Kirman of AKG Christie's International Real Estate. As the world’s largest luxury real estate marketplace, Concierge Auctions is no stranger to selling exceptional properties. Concierge Auctions currently holds the world record for the most expensive residence ever sold at auction, a sprawling California estate called “The One,” which sold for $141 million in 2022. Notably, Concierge Auctions successfully auctioned “La Dune,” the dual-home property on Gin Lane in Southampton for a record-breaking $88.48 million in January 2024. “The pending sale of 10710 Chalon Road marks a significant milestone in the luxury real estate market, underscoring its exceptional appeal and timeless elegance,” stated Chad Roffers, CEO and co-founder of Concierge Auctions. “Our platform has proven its efficacy in connecting high-end properties with qualified buyers, facilitating seamless transactions with transparency and speed. We are delighted to have once again collaborated with Aaron Kirman and his team to bring this extraordinary estate to market.” In just 32 days of exposure, the auction attracted attention from luxury real estate enthusiasts globally for the property, representing a unique opportunity for buyers to acquire a statement residence in one of Los Angeles' most esteemed zip codes. “The successful sale of 10710 Chalon Road underscores the enduring allure of the Bel-Air neighborhood and the timeless appeal of luxury living in Los Angeles,” said Kirman. “As a testament to our collective expertise and dedication, we are thrilled to have achieved this milestone together, reflecting the efficiency and effectiveness that working with Concierge Auctions always brings. I look forward to our next sale together.” With its unparalleled craftsmanship and sophistication, 10710 Chalon Road, with approximately $60 million invested into its development to date andy 75%± of the estate completed, is refined living in one of the world's most sought-after locations.The estate’s design exudes privacy, tranquility, and opulence, with meticulous attention to detail evident throughout a grand, open floor plan that seamlessly blends indoor and outdoor spaces, and an ideal setting for luxurious entertainment and relaxation, from the multi-level outdoor terrace overlooking the Bel-Air Country Club to the regulation-size tennis court and state-of-the-art amenities. Images of the property can be viewed on conciergeauctions.com. All photo credits should be provided to Concierge Auctions. As part of Concierge Auctions' Key for Key® giving program in partnership with Giveback Homes, the closing will result in funding towards new homes built for families in need. For more information, visit ConciergeAuctions.com or call +1.212.202.2940. About Concierge Auctions Concierge Auctions is the world’s best luxury real estate auction marketplace, with state-of-the-art digital marketing, property preview, and bidding platform. The firm matches sellers of one-of-a-kind homes with some of the most capable property connoisseurs on the planet. Sellers gain unmatched reach, speed, and certainty. Buyers receive curated opportunities. Agents earn their commission in 30 days. Acquired by Sotheby’s, the world’s premier destination for fine art and luxury goods, and Anywhere Real Estate, Inc (NYSE: HOUS), the largest full-service residential real estate services company in the United States, Concierge Auctions continues to operate independently, partnering with real estate agents affiliated with many of the industry's leading brokerages to host luxury auctions for clients. For Sotheby's International Realty listings and companies, Concierge Auctions provides Sotheby’s brand exclusivity as Sotheby's Concierge Auctions. Since inception in 2008, the firm has generated billions of dollars in sales, broken world records for the highest-priced homes ever sold at auction and conducted auctions in 46 U.S. states and 38 countries. The firm owns one of the most comprehensive and intelligent databases of high-net-worth real estate buyers and sellers in the industry, and it has committed to build more than 300 homes through its Key For Key® giving program in partnership with Giveback Homes™, which funds new homes for families in need from every property the company sells. For more information, visit ConciergeAuctions.com. https://www.wfla.com/business/press-releases/ein-presswire/704101845/concierge-auctions-bel-air-trophy-property-achieves-18-844-million-at-auction-in-just-32-days/

‘The Dragon’ Mansion Revealed: Inside Jae Omar’s New $22 Million Creation

For thoughtful architects, inspiration can be drawn from a wide range of sources—whether historical, cultural or natural. In the case of renowned designer Jae Omar's latest project, known as 'The Dragon,' the inspiration is mythical. “As the property was being designed, it became clearer and clearer that this rambling residence resembled that of a dragon ready to take flight,” Omar says of the recently completed 11,400-square-foot mansion. “That striking visual drove many of the inspired design choices and narrative throughlines across the property.” This is not the first time Omar has successfully channeled mythology into his designs. Last year, his Nordic-inspired Encino mansion Odin—named for the Norse god—sold for $18.4 million. Located along a canyon in the Pacific Palisades, the Dragon’s perched position offers elevated views worthy of its namesake. The property stretches across nearly a third of an acre and is seated less than two miles from the ocean. From the street, the home’s front facade is wrapped in distinct black wooden planks that have been treated with the ancient Japanese technique of shou sugi ban, a process that involves charring the planks with an open flame to preserve the wood. Subtly evoking dragon scales, the remainder of the exterior features sleek, overlapping metal panels that rise along the towering, slender structure. A double-height foyer marks the first of Omar’s signature style elements, showcasing his propensity for dramatic entrances. Other calling cards of Omar’s brand are evident throughout and include courtyards framed by expansive panes of glass, plaster walls and sleek floating staircases. “As a stark contrast to the dark and moody exterior of the home, the interiors showcase a bright and vibrant atmosphere that seems to come alive,” Omar says. If there is one inspiration that could arguably surpass the home’s dragon essence, it would be the natural world. “I’m in constant awe of how elements in nature are so fiercely independent and yet so completely interdependent,” Omar shares on his website. “Each part not only survives within but contributes to the delicate balance of the larger picture. My entire life in design is trying to achieve that.” Wood is ubiquitous throughout the residence, appearing in various shapes and forms. Simple yet striking, wood details extend from the walls to the cathedral ceiling. Slatted partitions add dimension to the open-concept living areas. Live-edge finishes provide texture to the otherwise clean-lined design. Stonework continues the natural motif and includes a two-story book-matched stone waterfall observed just outside the dining room. In the main living area, across from the kitchen, an angular stone fireplace is accented by slatted marble panels. In addition to seven en suite bedrooms, the interior holds two dining areas and two living areas. The kitchen features two islands with hidden integrated appliances. Tucked away from the kitchen area are a butler’s kitchen and walk-in pantry. Outside, the rear of the property contains a covered patio, a sculptural stone fire pit and a swimming pool and spa, all centered by a swath of lawn. As with many of Omar’s other designs, wellness amenities are plentiful. The lower level offers a plunge pool, a sizable space designated for fitness equipment and a sauna. Other highlights include a wine cellar, bar and home theater. Completed this year, the coastal residence was designed and built in collaboration with JVE Development Group. Priced at $22 million, the listing for 1018 Chautauqua Boulevard is held by David Kramer and Andrew Buss of Hilton & Hyland and Aaron Kirman and Cindy Ambuehl of AKG/Christies. https://www.forbes.com/sites/forbes-global-properties/2024/04/05/the-dragon-mansion-revealed-inside-jae-omars-new-22-million-creation/?sh=59679641270b

Bedroom with a bed in the middle of the room facing a fireplace

Exclusive: Meet The Dragon, Designer Jae Omar’s Latest Creation in Los Angeles

Entertainment industry A-listers from Britney Spears to Zedd are all familiar with the lavish home designs of Jae Omar. The California-based designer draws inspiration from the region’s mountain and desert environments and is known for his modern builds that are inspired by ancient lore and characterized by airy, open floor plans that effortlessly transition to outdoor spaces. His latest work, dubbed The Dragon, follows suit, but the $22 million listing comes with a distinct soul, too. Set in L.A.’s Pacific Palisades neighborhood, the massive 11,400-square-foot home on Chautauqua Boulevard blends dark and light concepts into a single, striking result. The Dragon sits on nearly a third of an acre with seven bedrooms, each with an ensuite bath, plus two powder rooms for guests. There are many notable highlights, ranging from a double-island gourmet kitchen to the inviting swimming pool. However, some might argue that its pleasant canyon-side views are among its best features. Similar to Omar’s Infinity House in Los Angeles, The Dragon has a double-height entryway accented by vertical wooden panels, but the darker, moodier exterior featuring matte-black metal panels, a box-gable roof, and a meandering layout sets it squarely apart. “As the property was being designed, it became clearer and clearer that this rambling residence resembled that of a dragon ready to take flight,” the designer says in a statement. “That striking visual drove many of the inspired design choices and narrative through lines across the property.” Natural wood details overflow into the home onto walls and vaulted ceilings, alongside eye-catching stonework. From the atrium, its two-story scale is on full display where the upper levels, plus formal living and dining rooms, are in the line of sight. Floor-to-ceiling windows trimmed with black metal reflect the easy indoor-outdoor flow and allow the garden’s lush foliage to feel like a part of the house. Water is another important element, and in the dining area, a sliding glass door opens to a bookmatched stone waterfall that falls two stories into a plunge pool on the lower level. “As a stark contrast to the dark and moody exterior of the home, the interiors showcase a bright and vibrant atmosphere that seems to come alive,” Omar says. “The choice of materials used and unfolding of rooms is all extremely intentional, guiding anyone within the home on a journey inside this mysterious yet alluring creature.” Another dining area sits adjacent to the double-island gourmet kitchen that’s sleekly outfitted with top-of-the-line appliances concealed in the bespoke wood and glass cabinetry. The butler’s kitchen and walk-in pantry are also hidden from view but easily accessible. A second living space at the rear of the home is wrapped in glass doors that glide open to a covered patio. Trees provide privacy from neighboring homes, and a stone firepit sits at the edge of the lawn next to the swimming pool and inset spa. The cross-canyon views extend to the Century City skyline and the Pacific Ocean. Back inside, the second-floor primary suite faces the rear of the property. The space is designed with an angular frame that includes a bookmatched stone fireplace, a sitting area with a wet bar, custom walk-in closets, a private balcony, and a spa-grade bath. Other creature comforts include a home theater, a bar, a plunge pool, and a fitness room, plus an adjoining steam shower and sauna on the lower level. And for the owner’s cars, there’s a four-car garage. Should the new owner wish to get off the grounds for a bit, The Getty Villa and Will Rogers State Beach are nearby. Contact David Kramer and Andrew Buss of Hilton & Hyland/Forbes Global Properties, who are co-listing the home with Aaron Kirman and Cindy Ambuehl of AKG | Christie's International Real Estate for more details. https://robbreport.com/shelter/homes-for-sale/jae-omar-dragon-los-angeles-1235562952/

Christie’s hires away Sotheby’s SoCal manager Michael Williamson

Sotheby’s International Realty has lost its regional manager for Southern California, Michael Williamson, to AKG Christie’s International Real Estate. Williamson has joined AKG Christie’s as a broker and regional manager, according to an announcement from the brokerage. Williamson will support Jamie Duran, who joined Christie’s last month to help open seven offices for the firm across Southern California. Williamson joined Sotheby’s in 2018, according to his LinkedIn profile. Before that, he worked at John Aaroe Group, a brokerage that was acquired by Pacific Union, which was then bought by Compass. Christie’s, which entered the L.A. market by teaming up with star broker Aaron Kirman in November 2022, is planning to eventually open outposts in Newport Beach, Del Mar, Calabasas, Sherman Oaks, Montecito, Pasadena and Palm Springs. Williamson’s goal for 2024: “Attract quality salespeople to the brand,” he said in a statement. Kirman brokered $1.1 billion in on-market sales in 2023, ranking No. 1 on TRD’s Los Angeles residential agent list last year. Since Kirman jumped to join Christie’s from Compass, Christie’s has picked up a number of other top agents, including Cindy Ambuehl, ranked 16th on TRD’s 2022 list of top brokers in L.A. with $268 million in sales volume and Joe Babajian, a top L.A. agent in the 1990s and 2000s. “We’ve just begun,” Kirman said in February. https://therealdeal.com/la/2024/04/01/michael-williamson-jumps-from-sothebys-to-akg-christies/

Residential brokers dish on Measure ULA

Though Measure ULA has disproportionately affected the commercial industry, agents who sell the top 1 percent of real estate in the city of Los Angeles have also taken a hit. Some say their clients are now more focused on Beverly Hills or Malibu, neither of which has its own transfer taxes. A handful said buyers are coughing up the cash anyway. Others are hopeful that Measure ULA will be overturned through the November ballot measure. The Real Deal spoke to a number of top residential agents in the city of Los Angeles to get their thoughts on the transfer taxes and how they think the market has changed over the last year. “There’s always the three D’s — death, divorce and disparities.” JOSH FLAGG, COMPASS Flagg, the star of “Million Dollar Listing L.A.” who recently jumped to Compass from Douglas Elliman, said some people are always going to need to sell. “But, with that said, adding 5 percent onto the purchase price is never going to be a good situation for anybody,” he said. For the most part, Flagg said his clients understand. “It is what it is.” Flagg also noted that sellers can’t raise their prices to take ULA into account, given that demand and pricing overall have softened. “It doesn’t mean houses went up another 5 percent just because of this ULA tax,” he said. “A lot of sellers might be adding it on top of it, but it’s silly to do that because you’re just adding 5 percent over the value of your house.” “Unless they have to move, people are not keen on taking a large hit.” STUART VETTERICK, HILTON & HYLAND It’s hard to blame the huge drop in sales to just Measure ULA, Vetterick said. There’s also the huge rise in interest rates and the fact that presidential election years generally bring a slowdown in sales. But without a doubt, there are people who are “looking to buy in Los Angeles, but will not buy in the city of Los Angeles,” he said. People over the age of 70, long-term homeowners who see property as a “nest egg,” are the ones “losing the most,” Vetterick said. One set of his clients looking to sell have been in their house for 11 years and have taken out loans against the property over time, accumulating significant debt. The home is likely to sell for over $10 million, meaning the client will have to shell out at least $550,000 in cash including the tax. “That’s their retirement fund,” he said. “I’ve lost an immeasurable number of clients to other states.” JASON OPPENHEIM, THE OPPENHEIM GROUP A number of Oppenheim’s clients are “either hesitant or have decided definitively not to sell because of the tax,” he said. Oppenheim said more of his wealthy clients have left in California in the last two years than over the last 10, with many critical of increased taxation. “We’ve dug a 2-foot grave and are continuing to dig,”he said of Measure ULA, noting that the city has not reached its revenue estimates. “I’m not opposed to taxation philosophically. I’m opposed to inefficiency.” Many of his clients are moving to Florida, Nevada, Arizona and Texas — or even Orange County. If more continue to leave, the city of L.A. is going to lose a significant chunk of its wealthy tax base, he said. “I’ve seen developers walk away from projects saying there’s not enough of a profit margin now.” CARL GAMBINO, COMPASS Much of Los Angeles’ luxury market is product from spec home developers — investors who build properties from scratch. If more developers walk away, citing Measure ULA, agents and buyers could be left with less product to market and purchase. In the months leading up to Measure ULA coming into effect, Gambino said, he closed a number of large deals, including Mark Wahlberg’s $55 million sale of a home in Beverly Park. If Wahlberg, who then moved to Las Vegas, had sold two weeks later, he would have been on the hook for $3.025 million in city transfer taxes. Since then, “it’s definitely slowed down transactions in some capacity,” Gambino said, echoing other agents interviewed by TRD. “Some sellers have literally just decided they’re just not going to sell because of the tax, and some of them believe that it could be overturned.” “There was an overabundance of properties for lease.” SALLY FORSTER JONES, COMPASS Can’t sell? Lease instead. Many with $5 million homes in 2023 decided not to sell but rather to try their luck at renting the property they otherwise might have sold. Rental prices came down in 2023 as the number of properties on the market went up, according to Forster Jones. “Clearly, the contributing factor was that the sellers did not want to sell or chose not to sell,” she said. “They decided instead they were going to put their homes up for lease.” Forster Jones also had many conversations with her clients about what listing prices would be at the $5 million mark — the trigger for the initial Measure ULA tax tier of 4 percent. “The discussion was always, ‘Do we put it up for sale over $5 million?’” she said. “Selling property at $5,000,002, the seller was going to net less than if they had put the property up for sale at $4,999,000.” “ULA was a horrible measure. It was written terribly. It’s not a mansion tax, it’s a real estate tax. In a city that needs housing, it was the worst thing that anybody could have created.” AARON KIRMAN, AKG | CHRISTIE’S INTERNATIONAL Kirman, whose brokerage did $2 billion in sales volume last year, said anything between $20 million and $200 million was “very difficult to sell.” Sellers of $10 million-plus properties did not want to pay a 5.5 percent transfer tax, plus commissions, generally at another 5 percent, plus closing costs of 2 percent. “Sellers were looking at a 12 percent closing fee before they even got out of bed.” Kirman said. “And that was very difficult for people to stomach — it still is, by the way.” Kirman echoed the same sentiment about spec home developers — the transfer taxes are cutting into profit margins, meaning developers will just stop building. “To be able to buy a piece of dirt anywhere in the city is running between $1.5 million and $3 million, sometimes $4 million to $7 million or more,” he said. “By the time you build and develop, you’re over the $5 million threshold, and developers are not going to run and build houses if it doesn’t make sense.” However, in 2024, Kirman thinks things have started to settle. “We’ve seen a lot of high-end luxury buyers back down to the market, we’re seeing a lot of sales,” he said. “I’ve had more billionaires call me in the last three months than I had the whole of last year, an interesting indication of where we are.” “The margins have become slimmer and slimmer — now with [Measure ULA], in a lot of cases, it just won’t make sense to build a house anymore.” SANTIAGO ARANA, THE AGENCY From Arana’s vantage point, Measure ULA is leading to less spec home development, and eventually, less inventory. Arana, who is hoping ULA will be overturned with the passage of the Taxpayer Protection Act in November, said it’s hard to keep being an advocate for the city of Los Angeles. “I’m going to think twice if I want to reinvest that money, that I’m gonna put it here in Los Angeles,” he said. “I’m going to invest [in a state] that is more friendly, tax-wise, for entrepreneurs like me, who are trying to diversify as a real estate agent.” Arana also echoed Vetterick’s concerns about elderly people, noting they are a subset of the market more likely to be affected by a 4 percent or 5.5 percent transfer tax. “If I want to sell the house to use that equity to go and live comfortably in a retirement home, but I gotta pay four and a half percent on the setbacks of that,” Arana said, “that very well could be a substantial amount of the money that I was planning on using.” “And by the way, my $5 million house is not going to be a mansion. In Los Angeles, with $5 million, it is not really a mansion,” he added. — Daria Solovieva contributed reporting https://therealdeal.com/magazine/april-2024/residential-brokers-dish-on-measure-ula/

Trophy Property Nestled Along West Hollywood’s Prestigious Hills in Bel Air to Auction via Concierge Auctions

Bidding to open in April for once-in-a-lifetime Bel-Air Country Club statement estate in cooperation with Aaron Kirman of Christie's International Real Estate NEW YORK, NEW YORK, USA, March 15, 2024 /EINPresswire.com/ -- 10710 Chalon Road, a nearly finished trophy property epitomizing refined living, will auction next month via Concierge Auctions in partnership with Aaron Kirman, CEO of AKG | Christie’s International Real Estate. Bidding will open on 3 April and culminate on 15 April via the firm's online marketplace. "This one-of-a-kind opportunity on Chalon Road represents the newest gem in our luxury pedigree, nestled within one of the nation’s most esteemed zip codes,” said Chad Roffers, founder and CEO of Concierge Auctions. “The irresistible appeal of exclusive living in Los Angeles consistently makes Southern California a prime destination for luxury buyers. Having successfully sold properties like ‘The One’ in Bel Air and most recently, ‘La Dune’ in Southampton, at auction for $141 million and $88.48 million, respectively, our platform is proven at connecting discerning buyers and sellers of high-end properties, with speed, transparency, and certainty. Certainly, presenting 10710 Chalon Road is our latest testament to this.” With an iconic Los Angeles address, 10710 Chalon Road provides a unique opportunity for a buyer with a keen eye and vision to complete their own masterpiece. Not merely a home, but a statement, the property redefines modern elegance in one of the world's most sought-after locations. With roughly $60 million plus invested into the project to date and approximately 75% of the original project complete, take a front-row seat to witness the evolution of this prestigious residence as your vision emerges. The estate’s construction and placement on the property aspire to the utmost privacy, tranquility, and luxury with its gated perimeter and retaining walls leaving no detail left ignored in the pursuit of elegance. A soaring glass-topped entry point welcomes visitors upon arrival. Once inside, the interior spaces convey an air of grandeur, with a lavish, open floor plan that seamlessly integrates indoor and outdoor dimensions, making the property perfect for entertaining. Buyers can visualize hosting glamorous soirées on the multi-level outdoor terrace, overlooking the Bel-Air Country Club, with a backdrop of city views that promise an oasis of tranquility amid the bustling cityscape. From the large movie theater to the regulation-size tennis court, 10710 Chalon Road is equipped with cutting-edge amenities that cater to the desires of those seeking the highest standard of modern comfort and style. The sleek chefs' kitchens feature top-of-the-line appliances and custom cabinetry, perfect for culinary enthusiasts and entertainers alike. However, the details truly set the home apart with wood, marble, and glass finishes imbuing texture and serenity speaking volumes about uncompromising quality. High ceilings, meticulously crafted finishes, and panoramic views create an ambiance of exclusivity and serenity. Orbiting the estate’s centerpiece, a breathtaking 10,000-gallon saltwater aquarium adds a touch of avant-garde sophistication to the space. "10710 Chalon Road shines as a jewel on an already illustrious street, a result of intensive craftsmanship and millions of dollars in infrastructure investment to bring it to its full potential,” said Kirman. “On the heels of our collective record-breaking sale of the ‘The One’ in Bel Air, which achieved the highest price ever for a residence at auction and the highest sale for any property listed that year, as the best auction platform for the world’s finest property, I am confident that our combined reach for this unique, ultra-luxury estate will find a new owner for 10710 Chalon Road on auction day.” Amidst the winding streets, lavish properties, and gorgeous scenery of Bel Air, the Chalon Road estate makes its presence known. Cantilevered over the Santa Monica foothills, the home’s views extend from Topanga Canyon to Downtown LA to the Pacific Ocean. It sits behind two secured gates, contributing to the feeling that Los Angeles is miles away, despite its proximity to its bustling core. The Bel-Air Country Club is only 5 minutes from the front door, with tennis, an 18-hole golf course, and plenty of power brokers to rub shoulders with. The iconic Bel-Air Hotel is down the street. While Bel-Air maintains its serenity with few retail, dining, and social establishments, the community is spoiled with proximity to Downtown LA, Beverly Hills, West Hollywood, UCLA, and Santa Monica. Images of the property can be viewed at conciergeauctions.com. All photo credits should be provided to Concierge Auctions. 10710 Chalon Road is available for private showings by appointment, in person or virtually. As part of Concierge Auctions' Key for Key® giving program in partnership with Giveback Homes, the closing will result in funding towards new homes built for families in need. Property and opportunity details provided by seller or others; buyer to verify. Agents will be compensated according to the terms and conditions of the Listing Agreement. See Auction Terms and Conditions for full details. For more information, including property details, diligence documents, and more, visit ConciergeAuctions.com or call +1.212.202.2940. About Concierge Auctions Concierge Auctions is the world’s best luxury real estate auction marketplace, with state-of-the-art digital marketing, property preview, and bidding platform. The firm matches sellers of one-of-a-kind homes with some of the most capable property connoisseurs on the planet. Sellers gain unmatched reach, speed, and certainty. Buyers receive curated opportunities. Agents earn their commission in 30 days. Acquired by Sotheby’s, the world’s premier destination for fine art and luxury goods, and Anywhere Real Estate, Inc (NYSE: HOUS), the largest full-service residential real estate services company in the United States, Concierge Auctions continues to operate independently, partnering with real estate agents affiliated with many of the industry's leading brokerages to host luxury auctions for clients. For Sotheby's International Realty listings and companies, Concierge Auctions provides Sotheby’s brand exclusivity as Sotheby's Concierge Auctions. Since inception in 2008, the firm has generated billions of dollars in sales, broken world records for the highest-priced homes ever sold at auction and conducted auctions in 46 U.S. states and 38 countries. The firm owns one of the most comprehensive and intelligent databases of high-net-worth real estate buyers and sellers in the industry, and it has committed to build more than 300 homes through its Key For Key® giving program in partnership with Giveback Homes™, which funds new homes for families in need from every property the company sells. For more information, visit ConciergeAuctions.com. Kari Neering BerlinRosen NOTE: This content is not written by or endorsed by "KLST/KSAN", its advertisers, or Nexstar Media Inc. https://www.conchovalleyhomepage.com/business/press-releases/ein-presswire/696329254/trophy-property-nestled-along-west-hollywoods-prestigious-hills-in-bel-air-to-auction-via-concierge-auctions/

Is This $70 Million Montecito Estate the Ultimate Trophy Property?

When hotel magnate Patrick Nesbitt, founder of Windsor Capital Group, first built this majestic property in Montecito, California, he sought out to build a one-of-a-kind trophy compound that married his passions: polo and 18th-century European architecture. Called Bella Vista Estate and now listed for $70 million, the Montecito Ranch Lane estate it is one of the largest and grandest homes in the tony Santa Barbara County community, which says a lot considering the area’s impressive architecture and high-profile neighbors who include Oprah Winfrey, Ellen DeGeneres, and Meghan Markle and Prince Harry. Bella Vista Estate, inspired by Neoclassical architecture and 18th-century villas in France and Italy, has eye-watering views of the Pacific Ocean and Santa Ynez Mountains, whether you’re lounging in the lavishly appointed living room or swinging a golf club on the private driving range. Like the family’s own private boutique hotel, the home spans 27,000 square feet with 12 bedrooms and a mind-boggling 25 bathrooms. “The owner is a true visionary, and he actually sketched designs of interiors himself because he knew exactly the type of home he wanted,” says Aaron Kirman of AKG | Christie’s International Real Estate, who is co-listing the property with Timothy Di Prizito. “There was no expense spared. He installed the finest materials, finishes, stone, woodworking, and moldings. Many of the fixtures and lighting are from the 18th and 19th centuries, some he bought himself throughout Europe.” The home sits behind private gates and has a large motor court with immaculate landscaping and a central fountain. Inside, the rooms could easily be found in a European château. For those who like a lot of gilt-trimmed furniture, the home is being sold turnkey, complete with the furnishings, the dazzling chandeliers, and even some of the artwork. You’re greeted with opulence in an imposing formal marble entry, which has soaring 34-foot-high ceilings framing the explosive views. Other rooms include the kitchen, formal living and dining rooms, a family room, a mahogany-paneled office, and a 5,000-bottle wine cellar with a tasting room. The bedrooms can all be found within separate wings of the home, so owners, family, and guests can retreat to their private quarters. You might never have to leave this dazzling property, considering there’s a 20-seat movie theater, a gym and spa, a beauty salon, a sports bar, a private nightclub with a disco ball, and a ballroom that will accommodate up to 200 guests. Outside, there’s an ocean-view Olympic-length infinity pool and a huge poolside loggia overlooking the polo field. There’s also a 330-yard driving range and a putting green with swing analytics equipment. Even with all those perks, perhaps what makes this home stand out above so many others is the 10-acre, regulation-size polo field. There’s also a polo clubhouse and extensive stabling. “It really has everything under the sun, but the polo field is pretty amazing,” Kirman says. “They loved polo and horses, and as time went on, they opened the private field up to visitors and have hosted some of the polo world’s most elite players. The home has become a showcase for entertaining, charity events, and light polo playing.” But that’s not all, folks. There’s an Hermès-themed helipad; a 5,000-square-foot hangar with two studio lofts and staff kitchens; a pool house; two guest houses; a tennis court; a 32-car auto gallery; vegetable gardens; and not one but two Monarch Butterfly sanctuaries. While the home might seem to have it all, there’s still room to build additional amenities and guest homes to create a multi-generational compound. “You literally only see homes like this in the movies,” Di Pritzio tells Robb Report. https://robbreport.com/shelter/homes-for-sale/bella-vista-estate-montecito-polo-field1235538733-1235538733/

These Agents Sell LA

Aaron Kirman is the chief executive of the Aaron Kirman Group and owner of Christie’s International Real Estate Beverly Hills. With more than $16 billion in luxury home sales, Kirman represents some of the finest estates across the globe and is consistently ranked in the top five luxury real estate agents in the U.S. by the Wall Street Journal. Prior to opening Christie’s International Real Estate in Beverly Hills, Kirman was at brokerage firm Compass. How did you first get into real estate? I got into real estate by accident. Between the ages of 15 and 18 I worked as a waiter, and somehow ended up owing the house money because I wasn’t great with numbers. It was costing me money to work. I realized at that time I had to be my own boss. I knew what I was good at, and more importantly, I knew what I was not good at. So I got into selling houses. Tell me about your choice to branch off on your own and open Christie’s International Real Estate’s Beverly Hills office. I was actually part of it years and years ago with Hilton & Hyland. It was everything luxury, and at the time it felt like it was very grand in its own right. So fast-forward to 2022; we had gotten to a place with a very large team that we wanted to take the next step and move on to greener pastures. And we had no question on our end what that was when it came to an international presence, alignment with our existing clientele, and of course the way Christie’s defines luxury on a global scale. What are some of the benefits and challenges that first came with being on your own? The challenges are really the same from brokerage to brokerage, financial risk, competition, recruiting, etc … Honestly, it has been difficult, especially with the market that we walked into. However, the team I have in place to help the growth and management, the brand and what it stands for, the growth and reception we are seeing, is incredible. It allowed us to penetrate the market in ways that have otherwise been challenging, locally here in Los Angeles and even internationally. What excites you most about a home? The unique aspect of any given home is something I love. Every house that we have taken on has been unique in some way, in its own way. It’s an ever-evolving landscape with each house we have taken on, and that keeps us up to date with the latest trends, things that aren’t working, things that are. Within Los Angeles, which neighborhoods are you most passionate about, and why? Santa Monica captures the essence of California’s coastal living with its stunning beaches and lively downtown. It’s a place where I’ve called home, and it’s overdelivered on everything I was expecting from it. The growth the city has seen offers just about any type of residential offering you can imagine. And then there’s Bel Air, it’s exclusive, it’s a haven, it’s sophisticated, it’s breathtaking. Bel Air has had the unique ability to show the rest of the world year after year what the benchmark for luxury is. It offers the latest and greatest. It’s always changing, and never for the worse. Tell me about the size of your team. How has it grown since its inception? Well, right now I don’t have a team. Ever since we started the brokerage, every agent has been on their own. We started out with maybe 10 of us when we were at John Aaroe (Group), and that blossomed into 75 or so and continued to grow. Right now, the brokerage is all independent agents, which is around 180 agents and juniors. What’s it like to run a brokerage in addition to being an agent? Running a brokerage while also working as an agent has been both rewarding and demanding. On one hand, it offers a unique opportunity to have a direct impact on the direction and success of the brokerage, while also maintaining a hands-on role in serving clients and closing deals. As an agent-broker, you have the autonomy to set the vision for the brokerage. However, running a brokerage alongside an active agent role also comes with its share of challenges. Overall, it’s been something extremely rewarding. How do you balance the two? The right management team. Balancing the responsibilities of managing the brokerage with the demands of serving clients and closing transactions requires strong time management and organizational skills, something I hope I can say I have. Additionally, wearing multiple hats can be mentally and emotionally taxing, so I have a great team in place to help with a lot of those things that come up. It’s vital to have that structure and management team to still practice as an agent while running the brokerage. How did 2023 compare to other years for you? You really can’t compare 2023 to others. It was a year unlike any other in recent memory. The market dynamics were unprecedented, marked by a combination of factors that presented both opportunities and obstacles for agents and their clients. Overall, 2023 will be remembered as a year of resilience, adaptability and perseverance for Los Angeles real estate agents. While the market presented its fair share of challenges, it also underscored the importance of expertise, diligence, and a client-centric approach in achieving success in even the most demanding of environments. What are your expectations for 2024? I am optimistic and hopeful about the prospects for growth, expansion and rebounding in 2024. Despite the challenges and uncertainties of recent times, I see several factors that point towards a positive trajectory for the real estate market in the coming year. My expectations for 2024 are high when it comes to the Los Angeles real estate market. While challenges may still exist, I am confident that the resilience, adaptability and enduring appeal of the Los Angeles market will pave the way for a prosperous and thriving year ahead. https://labusinessjournal.com/special-reports/la-real-estate/

Rudy Bundini, Ryan Serhant, Josh Altman, Aaron Kirman, and Tal Alexander: Elevating Real Estate at GoldBar Luxury Conference

Rudy Bundini, Ryan Serhant, Josh Altman, Aaron Kirman, and Tal Alexander are elevating the real estate industry at GoldBar Luxury Conference. #Powerjournalist Markos Papadatos has the scoop. In a convergence of industry titans, Rudy Bundini, Ryan Serhant, Josh Altman, Dina Goldentayer, Aaron Kirman, Tal Alexander, Rene Rodriguez, Ricky Carruth, Veronica Figueroa, Talia McKinney, Frances Katzen, Taliya Bashani, Juan Carlos Barreneche and hundreds of other top real estate professionals as well as press journalists participated at the prestigious GoldBar Luxury Real Estate Conference at Palladium Theater in Times Square NYC. Their participation not only added luster to the event but also proved immensely productive, offering invaluable insights and fostering fruitful networking opportunities among real estate professionals. Rudy Bundini, an esteemed American real estate agent, fashion model, actor, and former boxing heavyweight champion, brings a multifaceted approach to the real estate arena. With a master’s degree in mechanical engineering and the prestigious title of Male Model of the Year by IMTA, Bundini is a powerhouse in the industry. Boasting an impressive following of over 5 million subscribers on Instagram, he is revered as the most followed real estate agent globally. Ryan Serhant is a prominent real estate broker, TV personality, and author, best known for his role on “Million Dollar Listing New York.” His innate salesmanship and relentless work ethic have propelled him to success in the competitive NYC real estate market. Josh Altman is a prominent real estate agent and television personality, recognized for his role on the hit reality TV show “Million Dollar Listing Los Angeles.” With a sharp business acumen and charismatic demeanor, Altman has become a leading figure in the luxury real estate market, consistently achieving record-breaking sales in Los Angeles and beyond. Aaron Kirman is a distinguished real estate agent and television personality, known for his appearances on “Million Dollar Listing Los Angeles.” Renowned for his expertise in luxury real estate, Kirman has earned a reputation for orchestrating high-profile deals and representing elite clientele in the Los Angeles area. Tal Alexander, co-founder of official and leader of The Alexander Team, is a symbol of success in luxury real estate, known for record-breaking sales like the $240 million deal at 220 Central Park South. His leadership, characterized by dedication to excellence and integrity, sets a standard admired by professionals industry-wide. At GoldBar Live, Rudy Bundini, Ryan Serhant, Josh Altman, Aaron Kirman, Tal Alexander and others engaged in discussions focused on leveraging technology and social media to thrive in the fiercely competitive real estate landscape. With over 3 million active real estate license holders in the United States, staying ahead of the curve is imperative. Bundini drew inspiration from the conference speech, particularly his mantra of “never not working” and emphasis on celebrating growth over mere victories. He also expressed admiration for exemplary work ethic and consistency in the real estate world. The conference provided an ideal platform for Bundini and others to share their expertise and connect with fellow real estate luminaries. As discussions delved into navigating the challenges of the industry, from fierce competition to evolving technological landscapes, Bundini, Serhant, Altman, Kirman & Alexander’s insights proved invaluable to attendees. In conclusion, the participation of real estate icons at the GoldBar Luxury Real Estate Conference exemplifies their unwavering commitment to excellence and innovation. Their collaborative efforts and invaluable contributions have undoubtedly left an indelible mark on the industry, further solidifying their positions as leaders in luxury real estate. https://ravermag.com/rudy-bundini-ryan-serhant-josh-altman-aaron-kirman-and-tal-alexander-elevating-real-estate-at-goldbar-luxury-conference/

A jaw-dropping 20-acre estate with stables, polo field, infinity pool, cinema, 5,000-bottle wine cellar and more…

Hold onto your hats – this place might blow you away. We think it has pretty much everything you could possibly imagine and would be a delight to call home. This estate is in California in the United States. It is steps away from the Pacific coastline and the Santa Ynez Mountain Range, four miles from the coveted Montecito, and 87 miles from Los Angeles. The Bella Vista Estate is on the market with AKG | Christie’s International Real Estate for $70m (approximately £55.3m). Let’s take a look around… The Bella Vista Estate is a world-renowned private equestrian property, set in over 20 acres. The property includes a regulation size polo field (approximately 10 acres) with an adjacent polo clubhouse and lounge, plus stables. There is also a pool house, helicopter hangar with two studio lofts and two staff kitchens, and a 32-car auto gallery. The grounds contain landscaped gardens with streams, ponds, outside bath and waterfall, tennis court, a 330-yard driving range, a putting green and sand trap with swing analytics equipment. There is approximately 27,000 square feet of living space in the main residence, with 12 bedrooms, 25 bathrooms, and a 34-foot-high formal marble entrance hall. There are living and dining rooms, a gourmet kitchen, breakfast room, family room, office/library, and a 5,000-bottle wine cellar with an adjacent tasting room. Entertainment options include a 20-seat cinema, a gym, spa, beauty salon, sports bar, and disco/ballroom, which accommodates up to 200 guests, as well as an Olympic length infinity swimming pool. There is a separate guest wing and two additional guest houses ensuring ample accommodations for generational holidays. https://www.horseandhound.co.uk/features/bella-vista-estate-california-usa-852204

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