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‘Will your wins’: Luxury agents share tips for breaking into the high-end market

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Four-and-a-Half Acre Running Springs Equestrian Estate Listed For $6.95 Million

Located just 20 minutes from Lake Arrowhead Village and 30 minutes from Big Bear Summit, a Running Springs equestrian estate has hit the market, offering a sought-after perk: grass! Offered at $6.95 million, the nine-bedroom/14-bathroom, three-structure compound is the only piece of land that has three acres of real grass. After purchasing the land, Running Springs passed a law about real grass, to which the property was grandfathered in. The main residence boasts a six-bedroom house, while the property also includes a three-bedroom guest house, musical stage, game room, rustic bar and patio with fireplace. The main house is decorated with custom handcrafted wood finishes, intimate lighting, and wood burning fireplaces. The barn/stable is built for a live-in caretaker offering a fully equipped bedroom with kitchenette, office, gym, sauna, tack room, and ample space for up to nine horses. Three of the four-and-a-half acres are usable flat grass, rolling forest pine trees, and trails with freshwater streams and wells. Kyle Siwik, Aleks Lipovic and Holland Ashrafnia of The H Group at AKG at Christie’s International Real Estate hold the listing, along with Aaron Kirman and Matt Adamo. https://californialistings.com/2023/06/06/four-and-a-half-acre-running-springs-equestrian-estate-listed-for-6-95-million/

Rent Cristiano Ronaldo’s House, Stevie Wonder’s Home Lists, and More Real Estate News

From celebrity homes to red-hot markets, there is always something new happening in the world of real estate. Here’s everything you need to know. On the market Cristiano Ronaldo is renting out his Madrid mansion With Cristiano Ronaldo joining the Saudi Pro League, the 38-year-old sports star and his girlfriend Georgina Rodriguez aren’t spending much time at La Finca, their four-story Joaquin Torres–designed home in Madrid. So the couple are renting the house out for $11,000 a month, Spanish sports outlet Marca reports. For that, you get seven bedrooms, nine baths, two swimming pools, and a massive garage—not to mention a private soccer field and bleeding-edge fitness center used by soccer’s GOAT. In case you forget who owns the place, Ronaldo’s initials are embossed on La Finca’s massive front door. The minimalist mega-mansion may also look familiar to Netflix subscribers: It’s the backdrop to Rodriguez’s docuseries, I Am Georgina, now in its second season. Stevie Wonder’s former Beverly Hills home lists for $11 million The LA mansion where Stevie Wonder found his higher ground can be yours for $10.99 million. Situated in Beverly Hills’ ritzy Trousdale Estates neighborhood, 600 Clinton Place sits on a shelf in the foothills of the Santa Monica Mountains. Completed in 1970, the four-bedroom, eight-bath abode has a spacious window-filled layout offering abundant sunlight and envious views of both the city and the ocean. Other draws include a double-sided fireplace, fitness center, and four-car garage. Tall sliding doors open to the landscaped backyard, where a covered patio and oval pool are ideal for hosting. Wonder leased the property from 2011 to 2015, The New York Post reported. “This home embodies the quintessential LA lifestyle with incredible views from the hills and celebrity neighbors left and right,” said Aleks Lipovic of AKG/Christie’s International Real Estate, who shares the listing with Holland Ashrafnia, Kyle Siwik, and Aaron Kirman. “Trousdale is so quiet and private, so owners truly have the best of both worlds when it comes to entertaining and living.” TikTok Hype House hits the market If you watched Netflix’s Hype House, you should recognize 13248 Nightsky Drive in Moondark, California, as the Spanish-style mansion where the show’s young TikTokers lived and recorded their lives. The palatial home, which sports eight en suite bedrooms and more than 11,000 square feet of living space, is listed for $7,995,000 with Weston Littlefield and Alex Howe of AKG | Christie’s International Real Estate. Situated on a secluded 20-plus-acre lot in Lexington Hills, it offers extra high ceilings, long hallways, and a home theater that can accommodate close to a dozen people. Outside, an oversized pool, two hot tubs, a waterslide, and swim-up bar offer more opportunities for content creation. The property was built in 1998 but has undergone an extensive remodel since its Hollywood moment, according to the listing. Rare Washington Square town house comes to market for $30 million One of the last privately owned town homes on New York’s Washington Square Park has listed for $29.95 million. Completed in 1839, the landmark five-story residence at 26 Washington Square Park is known as the William Dare Morgan House, after the Gilded Age businessman who lived there in the 1870s and 1880s. (Morgan was a founder of New York Hospital, a governor of the Knickerbocker Club, and personal friend of Charles Dickens, among other resume highlights.) The red-brick houses along the square’s north side were known as “the Row,” a string of uniform mansions intended for New York’s social elite. Today, they are recognized as among the most outstanding examples of Greek Revival architecture in the US. Morgan added an additional story in 1880, making his the only one on the Row with five floors. He died in 1887, but his family resided at the house through the 1920s, after which it was divvied up into apartments. Subsequent residents include silent-movie producer Richard West Saunders, artist Everett Shinn, and disgraced financier Charles V. Bob, who was convicted in 1939 of defrauding his investors of $6 million. The 26-foot-wide mansion was reconfigured into five floor-through units in the 1990s and, after a major renovation five years ago, tenants have been paying more than $10,000 a month, Curbed reported. The property can easily be converted back into a single-family residence, according to the listing, held by Torsten Krines and Fred Williams of Sotheby’s International Realty/Downtown Manhattan Brokerage. Take me out to the ball game—in San Francisco A new residential tower in San Francisco practically puts residents in the outfield at Oracle Park. Last week, developer Tishman Speyer unveiled new renderings of the Canyon, a 23-story apartment building on Third Street, across from The Giants’ ball field. The MVRDV-designed tower is the first of the four buildings that will eventually make up Mission Rock, a 28-acre waterfront complex on what used to be a stadium parking lot. The project, which has been in the works for over a decade, also includes a 13-story office building designed by Henning Larsen, a second 23-story apartment from Studio Gang, and a commercial property by WORKac that will house biotech research firms. The Caynon’s 283 rental units range from studios to three bedrooms, with about a third designated as below market rate housing. The building will also include street-level retail and dining and 58,000 square feet of office space. MVRDV’s design was inspired by California’s iconic rock formations, with a narrow “valley” running between steep rocky walls that extend all the way up the building’s western façade. According to Tishman Speyer senior managing director Carl Shannon, residents will be able to move in starting in June. Sales launch Regency heads south for Miami’s La Maré Chicago-based Regency Development Group is stepping outside its usual playground for its next project: La Maré, a boutique condo complex coming to Miami’s Bay Harbor Islands. The development is composed of two eight-story buildings: The 33-unit Regency Collection at 9927 East Bay Harbor Drive and the nine-unit Signature Collection at 9781 East Bay Harbor Drive. Sale for the vertically stacked “tropical luxury villas,” as press materials call them, launched this month. Regency bought the sites in 2022 for $22.5 million and expects to break ground later this year, with completion of both buildings slated for 2025. Architect Kobi Karp, who renovated Miami’s Astor Hotel and the venerated Surf Club, is designing the exteriors, while Brazilian designer Debora Aguiar Arquitetos, who worked with Karp on 1 Hotel South Beach, is overseeing the interiors. “The design ethos is centered around its honoring natural surroundings—water and its movement—to create an ongoing connection to the environment,” Karp said in a statement. Units range from two to four bedrooms, with four additional multilevel penthouses. Owners will have access to a private boat slip, rooftop pool, and waterfront sundeck. Pricing starts at $2.875 million and goes up to $6.3 million, though Regency managing partner Michael Troyanovsky told The Real Deal that he’s in no rush to sell out. “We want to wait and see how the market plays out,” Troyanovsky said. “We don’t see the market going anywhere. We really think that the bubble of South Florida is here to stay.” News Florida bill would restrict certain foreign real estate purchases Florida has one of the hottest real estate markets in the US, but if state lawmakers have their way, some international buyers would be kept out. House Bill 1355, now up for a full vote, would prohibit nationals from “countries of concern”—a label applied to China, Russia, Venezuela, and other nations—from purchasing real estate anywhere in the state, and require them to register any existing properties. Similar initiatives have been floated in Texas, Virginia, and also in Congress, but HB 1355 has been described as a priority for Republican Governor Ron DeSantis. "We don’t want to have holdings by hostile nations," DeSantis said at a January press conference. An equivalent measure was approved unanimously in the state Senate earlier this month. But critics compare the legislation to the Chinese Exclusion Act and Nazi-era laws that required German and Austrian Jews to register their properties. “If approved, these two bills will mark Florida as the most discriminatory state in the 21st century,” Xuan Jiang wrote in an op-ed in the Orlando Sentinel. Even if the bill became law, University of Miami business professor Jason Damm told The Tampa Bay Times, “It would be difficult to imagine it’s going to make a huge dent in our market. “ The majority of Miami’s foreign real estate investors come from Latin America, Damm said, calling HB 1355 “more of a political statement than anything else.” The hottest neighborhood in America? America’s most in-demand real estate market? No, not New York or Miami. It’s Dallas. Northeast Dallas, to be exact. That’s according to HouseFresh’s examination of Zillow daily site traffic in October. HouseFresh, which normally rates indoor air quality devices, collected Zillow listings from America’s 100 biggest cities and found the most clicks in the region encompassing Lake Highland, with 36,113 hits a day. That’s compared to the Hollywood Hill’s 32,216 clicks and the Upper East Side’s 24,125, the most popular neighborhoods in the two coastal metropolises. While other Dallas sectors appear on HouseFresh’s roundup—Preston Hollow landed at Number 12 and Far North was Number 15—Phoenix, Arizona, also dominated the top ten, with areas in third (Camelback East), sixth (North Mountain), and tenth (Deer Valley) place. https://www.architecturaldigest.com/story/rent-cristiano-ronaldo-house-stevie-wonder-home-lists

Midcentury Modern Estate Once Leased by Stevie Wonder Can Be Yours

Always wanted to live like a celebrity — specifically, a legendary singer/songwriter with countless hits and awards under his belt? Now’s your chance, because the striking Beverly Hills villa that Stevie wonder once called home just popped up for sale in the posh Trousdale Estates enclave, asking a dash under $11 million. With four bedrooms and eight baths spread across more than 6,200 square feet of single-level living space, the mansion offers plenty of room for any like-minded musician to easily relax in style while enjoying sweeping ocean, canyon and city lights views. Famously leased by Wonder from 2011 to 2015, property records show the place was last sold in an off-market deal for $10.5 million in late 2020. “Music has a way of bringing nostalgia to life anytime you enter a room where hit songs have been played,” said listing agent Holland Ashrafnia in a statement. “The walls in this home hold so much history from the ‘Wonder’ days and I had a feeling when I walked this home that if these walls could talk, you might hear Wonder and Quincy Jones reliving their 1972 ‘You’ve Got It Bad’ album days.” Built in 1970, and tucked away on a nearly half-acre corner parcel secured by a gated driveway, the updated Hollywood Regency-style structure is adorned throughout with hardwood floors, high ceilings and wainscoted walls. Amenities include an office, a gym and subterranean four-car garage. Upon entering the double front doors, a foyer flows to a wet bar-equipped family room that connects via a two-way fireplace to a living room, both with sliding glass doors leading out to the backyard. Other highlights include a formal dining room, plus a gourmet kitchen decked out with a central island, an eat-in peninsula, high-end stainless appliances and an adjoining breakfast nook. Secluded in a wing all by itself, the spacious master retreat features dual walk-in closets, as well as a luxe bath spotlighted by a large soaking tub; and outdoors, the private backyard hosts a covered terrace bolstered by ornate columns, along with a grassy swath of lawn surrounding an oval-shaped pool — all overlooking those picturesque vistas. The listing is jointly held by Holland Ashrafnia, Aleks Lipovic, Kyle Siwik and Aaron Kirman of AKG | Christie’s. https://www.dirt.com/gallery/entertainers/musicians/stevie-wonder-rental-house-trousdale-estates-1203630391/steviewonderhouse_bh13/

Stevie Wonder Once Lived in This $11 Million Beverly Hills Home. Now It Can Be the Sunshine of Your Life.

One of Stevie Wonder’s former residences wants to take you to higher ground. From 2011 to 2015, the legendary musician leased the 6,217-square-foot California digs set in Beverly Hills’s affluent Trousdale Estates neighborhood. The gated home at 600 Clinton Place was built in the 1970s with Hollywood Regency-style touches spanning four bedrooms, eight bathrooms, and a number of common spaces. Its spacious floor lets in an abundance of natural light and provides you with views of the Pacific Ocean from nearly every corner. If you’re looking to relocate, the luxe urban oasis can now be yours for $11 million. Lush front yard landscaping leads to the home’s front door. The exterior is at once modern and regal. Inside you’ll find soaring ceilings, wood flooring, and classic white paint on the walls that give it a minimalistic finish. The living room lies just ahead with a spacious area for plush seating, as well as a double-sided fireplace and tall sliding doors that open out to the backyard. Further in, you’ll find the chef’s kitchen with luxe stainless-steel appliances such as a double oven, island-set stovetop, and dishwasher. There’s an excess of cabinet space for storing extra groceries and easily finding dishware when hosting guests. Adjacent is a spacious formal dining area with a tall window offering backyard views. The home’s primary bedroom is set on the East Wing with newly renovated finishes, dual walk-in closets, and an ensuite bathroom. A fitness center, office, and four-car garage round out the indoor amenities. “The walls in this home hold so much history from the ‘Wonder’ days and I had a feeling when I walked this home that if these walls could talk, you might hear Wonder and Quincy Jones re-living their 1972 You’ve Got It Bad album days,” says listing agent Holland Ashrafnia of the H Group at AKG | Christie’s in a statement. The abode’s backyard, meanwhile, features a covered patio with recessed lighting and smooth stone flooring. It extends out horizontally with enough space to house lounge seating next to lush landscaping and an oval-shaped pool. Even better, the backyard serves up mesmerizing views of the LA cityscape. For more details, contact agents Holland Ashrafnia, Aleks Lipovic, and Kyle Siwik of The H Group at AKG| Christie’s and Aaron Kirman of AKG | Christie’s who hold the $11 million listing. https://robbreport.com/shelter/celebrity-homes/stevie-wonder-la-home-on-market-1234827361/

Stevie Wonder’s former Beverly Hills compound lists for $10.99M

Isn’t it lovely? This ribbon in the sky of a house looking down upon Los Angeles is seeking a new owner. At 600 Clinton Place, on a shelf in the foothills of the Santa Monica Mountains with sweeping views of the city and Pacific Ocean below, a four-bedroom, eight-bathroom residence is fresh on the market with an asking price of $10.99 million. Located in the posh Trousdale Estates neighborhood, the Hollywood Regency-style single-story property was once where singer-songwriter Stevie Wonder received his signed, sealed deliveries — which is to say he rented the address from 2011 to 2015, according to materials supplied to The Post. Built in 1970, the “oasis” offers a gated compound on a lushly landscaped ledge complete with an underground four-car garage, a fitness center and an office — plus the bragging rights that come with its 90210 ZIP code. Set on just under half an acre, the home has a little over 6,200 square feet of interior space in sum. Huge square steps lead to the double-doored entry, through which is a columned foyer and, beyond, a fireplace-equipped living room with a bar. The kitchen has cabinets galore, an eat-in island and abundant counter space, and there’s also a separate formal dining room. In addition to the scenic outlook onto the sea and shining metropolis (or smog, depending on the weather), the backyard also boasts an oblong pool and a covered patio area, the roof held up by slender white columns. The listing is held by Holland Ashrafnia, Aleks Lipovic, and Kyle Siwik of The H Group at AKG | Christie’s and Aaron Kirman of AKG | Christie’s. “This home embodies the quintessential LA lifestyle with incredible views from the hills and celebrity neighbors left and right,” Lipovic told The Post of the address. “This neighborhood in Trousdale is so quiet and private, so owners truly have the best of both worlds when it comes to entertaining and living.” https://https://nypost.com/2023/04/05/stevie-wonders-former-beverly-hills-home-lists-for-10-9m/

In Running Springs, Deluxe Horse Property Gallops Back Onto the Market

Almost two years after it first popped up for sale with a frisky $9.2 million price tag, this 4.5-acre equestrian spread in the San Bernardino County community of Running Springs is still waiting for a buyer to take the reins, this time at a reduced $8 million ask. Built in 2013 — and described in the listing as “one of the best equestrian estates in Southern California” — the place includes a five-bedroom main house decorated with custom hand-crafted wood finishes, separate amenity-packed guesthouse, and nine-horse barn/stable with a tack room and an arena — for a total of nine bedrooms and 14 baths in nearly 9,300 square feet of living space. Pair all of this with sprawling grassy grounds laced with freshwater streams and meandering trails — and it’s the ideal setting for the well-heeled horsey set to hang their hat. Why, there’s even a hot tub to relax in and fire-pit to toast some marshmallows at after those long rides! A lengthy gated driveway empties out at the main house, which is fronted by an attached three-car garage. An eye-catching entryway is flanked by a welcoming porch, and opens into rustic yet stylish interiors highlighted by a large sunken living room sporting walls of glass spilling out to an expansive terrace and a massive stone fireplace that stretches all the way up to the top of the soaring vaulted ceiling. A staircase tucked away in the corner leads to a loft, while a chandeliered dining room connects to an eat-in kitchen outfitted with a built-in buffet, central island and top-tier stainless appliances. Holding court upstairs is an inviting master retreat, which comes complete with a fireside seating area, private balcony, separate lounging nook, and luxe bath equipped with a copper-clad soaking tub and glass-encased shower; and elsewhere is a study and maid’s quarters with its own entrance. Back outside, another fork of the driveway flows to a two-story guesthouse with three ensuite bedrooms and a game room nestled alongside a cozy living area, plus a wet bar, music stage and covered patio warmed by a fire-pit. As for the aforementioned barn/stable, it also offers a gym and sauna, along with an office space, bedroom, bath and kitchenette to accommodate a live-in caretaker. The listing is held by Kyle Siwik, Aaron Kirman, Aleks Lipovic and Holland Ashrafnia of AKG | Christie’s International Real Estate. https://www.dirt.com/gallery/more-dirt/real-estate-listings/equestrian-house-running-springs-california-1203622733/runningspringshouse_sb9/

Virgin Islands-Based Financier Buys Shipping Heir’s Lavish Beverly Hills Estate

Though he already owns property in New York and a multimillion-dollar villa overlooking the turquoise Caribbean waters of Peter Bay in the U.S. Virgin Islands, financier Stephen Deckoff just added another pricey bauble to his real estate portfolio. The managing principal of Black Diamond — an investment firm with $8.3 billion in assets under management — and wife Pamela have forked over $13.2 million for a posh estate in the mountains above Beverly Hills, this one resting atop a gated promontory offering jetliner views of the entire L.A. Basin. That purchase price is slightly lower than the home’s original $14.5 million ask, but still significantly above the $9.2 million that Greek shipping heir Paris Latsis paid for the half-acre estate a little over 16 years ago, back in spring 2006. During Latsis’ ownership, the Beverly Crest spread was leased to rapper Sean “Diddy” Combs, who lived there from 2008 to 2013. The Deckoffs have some very rich new neighbors — their recently acquired house sits directly between the late Paul Allen’s funicular-equipped estate, which recently sold for $45 million to a mystery buyer, and a $29 million mansion recently sold to billionaire tech heiress Sophie Schmidt, who also owns the house across the street. Built in 2004, the modern three-story structure recently underwent an extensive makeover by L.A.-based interior designer Michael R. Mueller, all while “preserving its original character and iconic design,” per the listing. Five bedrooms and six baths are sprawled across just over 7,000 square feet of inverted-plan living space boasting wide-plank oak floors and walls of glass throughout, plus an elevator and a Crestron smart-home system. A marble-walled courtyard bolstered by an olive tree-shaded water feature connects to a glassy front door secured with keyless entry. The spacious foyer is topped by a skylight and displays a spiral staircase adorned with a Chihuly chandelier. Upstairs, a sumptuous master retreat comes complete with a fireside sitting area, private balcony, designer showroom closet, and luxe bath.

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