Category Archives for "Luxury Market"

Living In Puerto Rico Luxury Real Estate

| Luxury Market

Puerto Rico is known for its beautiful beaches, exotic hideaways, and breathtaking mountain views. It’s just one reason why it’s such a popular getaway – even for celebrities. There are plenty of stunning luxury Puerto Rico homes available for you to purchase, or you can even build your own dream home on this popular island.

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Luxury Regalia Penthouse In Miami For Sale For $39 Million

| Luxury Market

If you’re in the market for a Luxury Penthouse in Miami, then you might be in luck for a one of kind opportunity. The Penthouse at Regalia on Sunny Ilse Beach is now for sale for only $39 Million (making it the 2nd most expensive real estate in Miami-Dad). This 17,000 SQFT Penthouse (if you include the 6,000 sqft of terrace) overlooks the Atlantic Ocean, Golden Beach, Intracoastal Waterway and the skylines of Miami and Miami Beach and comes with a unique closing gift – a pink diamond (valued at $500K).

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Inside The World Of Luxury Real Estate Auctions

| Luxury Market

Typically we cover luxury homes or celebrity homes, but this would typically be the “middle class” of luxury, but there is even another level of luxury that even exceeds that and you rarely find the “ultra” luxury simply listed on the MLS.  Even if you do see this kind of home on the MLS, you likely won’t get access to the home without jumping through several hoops.     In particular, many of the listing agents for ultra-luxury real state require proof of funds upfront before viewing as well as any other disclosures that might need to be signed.   For those kinds of homes, they are typically sold via auction (if the seller wants to sell in a timely manner).   So let’s look Inside The World Of Luxury Real Estate AuctionsContinue reading

9 Explosive Luxury Real Estate Marketing Ideas For 2018

| Blog

The Luxury real estate market is definitely a different market entirely than the regular real estate market. Luxury homes are “want to” homes, not “have to” – meaning home buyers typically want to live in these luxury homes whether they are on Marco Island Florida or a luxury home in Detroit, it doesn’t change the fact that these homes are, well in a word, luxuries. In addition, many of these homes are only lived in for a short period of time. The question comes then, How do you market a luxury home? So we’re here to the rescue with 9 Luxury real estate marketing ideas for 2018.Continue reading

8 of the Richest Areas in Atlanta by Neighborhood

| Luxury Market

Atlanta isn’t exactly known for luxury, it’s not near the ocean or water and yet it’s one of the largest cities in America.   Atlanta’s luxury real estate technically starts at $500,000 but for that price you could get everything from a sprawling mansion in the suburbs to a small condo in the inner city.  So where is the real Atlanta luxury real estate?  We’re here to show you 8 of the Richest Areas in Atlanta by Neighborhood.

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Before we begin, there’s a few Atlanta natives that might read this and we need to clear up why certain areas or neighborhoods were left off.  Luxury and Buckhead in Atlanta are almost synonymous and while you might colloquially say that Buckhead is a neighborhood, it’s actually not any sort of official area, neither is Midtown.  It’s just an area that the locals know.   So while, Druid Hills and Brookhaven all have some major luxury real estate in Atlanta, if it wasn’t an official “subdivision” then it didn’t make our list.  In addition, the subdivision had to have active homes for sale in order for us to include it.  Finally, Atlanta condos did not make the list either.

Atlanta Luxury Neighborhoods

8.  The River Club – Suwanee GA

Considered to be the most luxurious real estate in Gwinnett county, The River Club starts with homes above $1 Million and goes as high as $6 Million.  A gated community, with swim, tennis and of course, golf,  The River Club is a hot attraction for top executives and athletes including Mark DeRosa who is selling/sold his mansion..   The River Club is particular popular with dentists and doctors as it’s a great neighborhood with amenities for the entire family.

 

8 of the Richest Areas in Atlanta

7.  The Manor – Alpharetta, GA

In the same vein as The River Club, this gated community features what’s affectionately called, “McMansions.”   Situated on lot size less than one acre, these min-estates are nestled in one the most popular relocation cities to move to outside Atlanta, Alpharetta GA. In fact, Alpharetta real estate is one of the richest areas in Atlanta.   The Manor is known for it’s high end real estate, but tennis enthusiasts will sing the praises of one of the largest tennis facilities in the state.  Of course, The Manor features, golf, indoor and outdoor swimming and playgrounds.

 

8 of the Richest Areas in Atlanta

6. Morningside – Atlanta GA

If there was a classic go-to Atlanta neighborhood with historic value it’d be Morningside.  Although many Atlantans might call Morningside luxury, it’s in its own category because it’s just a neighborhood where people genuinely want to live.  There’s not too many status symbols in Morningside (aside from the wildly varying architecture), and although there are typical amenities, it’s nothing close to the wow factor of The Manor or The River Club.  Homes start in the Million range and go up to $2.7 Million with homes built in the 1930s.

Richest Areas in Atlanta

5.  Haynes Manor – Atlanta GA

Many of the homes in Haynes Manor look as if they were plucked from the French countryside and placed on Atlanta fescue. Built in the 1920’s Haynes Manor features homes priced from $1 to almost $4 Million.  Haynes Manor is popular due to it’s history, larger lot sizes and proximity to one of the richest areas of Atlanta, Buckhead.

 

Richest Areas in Atlanta

4.  Sugarloaf Country Club – Duluth, GA

Sugarloaf Country Club is home to some of the more famous real estate, in part because of it’s luxury, but more likely due to it’s infamous past (from Michael Vick’s foreclosure, to “the madame”). Sugarloaf Country Club is also home to many athletes, doctors and other executives. The reason is the same as The River Club and The Manor, in fact, on many occasions these neighborhoods compete for buyers. Sugarloaf CC is a part the the TPC as well as home to tennis, swim and a gated community (which can’t be said for all of the neighborhoods on this list.

Richest Areas in Atlanta

3.  Atlanta Country Club

A bit of a misnomer, as the Atlanta Country Club is actually located in Marietta, GA.  With prices from around $1 Million to $5 million this neighborhood could still be financed.  However, expect to be asked for your luxury home pre-approval.  Atlanta Country Club is a classic subdivision from the 1980’s that stands as timeless luxury.  Atlanta Country Club is home to Robin Meade among other celebrities.

 

 

Richest Areas in Atlanta

2. Ansley Park – Atlanta, GA

Even wikipedia says, Ansley Park is an affluent residential neighborhood in Atlanta, Georgia (aka richest areas in Atlanta). With homes that date back to nearly 1900, the subdivision is classified as a historirc district. In 2008, the median household income for the neighborhood was $226,335. With homes ranging from $1 Million to $4.5 Million.

 

Richest Areas in Atlanta1. Tuxedo Park – Atlanta, GA

Tuxedo Park is by far the most luxurious real estate in Atlanta!  Quite possibly the Richest area in Atlanta.  With prices up to $12 million and names that are not just rich but also powerful on the street, living here means you likely know someone who knows someone.  Tuxedo Park is home to the Governor’s mansion and has been the home of Robert Woodruff, former chairman of Coca Cola, and Bobby Jones, the beloved golfer, and currently Nathan Deal.

Any luxury real estate agent worth their salt knows about Tuxedo Park!

Conclusion of 8 of the Richest Areas in Atlanta

That concludes our look at the richest areas of Atlanta by looking at the top 8 neighborhoods in the Atlanta metro Area.  Some honorable mentions are Chastain Park,  several neighborhoods in Johns Creek, such as St Ives, Chateau Elan in Braselton, as well as St Ives in Monroe GA.  As a side not it’s a shame that many of these multi-millon dollar communities don’t hire professional real estate agents, many of the photos we shared here were picked through many other photos that were not “shareable.”

Atlanta Luxury Condos – 1065 Peachtree St Atlanta GA 30309

| Luxury Market

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Atlanta Luxury Condos are becoming more popular and this one at 1065 Midtown is no exception. Daniel Corp. developed 1065 Midtown, including the Loews Hotel and 52 residences, as part of its 12th & Midtown project. It later sold the 1065 Midtown units to TriBridge Residential. Rents have been averaging from about $2,500 to just under $7,000. The first conversions of the 1065 Midtown condos will come as tenants’ leases begin to expire.

Why This Matters to Luxury In Atlanta

The decision to convert the units comes amid improving Atlanta condo market. Resale prices for city condos surged 71 percent in the last four years, from an average of $140,000 a unit to $240,000 a unit, just under the median price points.

Resale prices are also currently exceeding 2006-2007 levels, and resale volume was up 14 percent from 2013 to 2014. The 1065 condo units will hit the market at $600,000 and up.

1065 Midtown Penthouse Features

The penthouse level features no more than five residences per floor with 1,182 to 2,819 square feet. Of course, you’ll get the iconic Atlanta skyline and Piedmont Park views. Each luxury penthouse includes a Private resident entrance and elevator with 12-foot floor-to-ceiling glass walls. All units include Hardwood and stone floors, Private glass-walled terraces, Eight-foot solid core doors.

These midtown Atlanta luxury penthouses at 1065 Midtown also come Prewired for home automation and a Chef’s kitchens with estate-grade granite. That’s all surrounded by Custom cabinets and high-end luxury class appliances.

The two main plans are the Centennial (walkthrough below) and the Ansley (see floorplans below).  While not on the same level as say Manhattan or even Toronto (as shown previously) Atlanta Luxury is quickly catching up.

 

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Toronto Luxury Homes

| Luxury Market

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Toronto has an extremely diverse selection of Luxury homes. Toronto luxury homes feature estates up to $22 Million with a myriad of architecture options. Toronto is attracting international attention for its combination of economic stability, diverse culture, and affluent lifestyles. In fact, diversity is actually a marker of Toronto.

As the capital of Ontario, Toronto is surrounded by natural landmarks such as the Great Lakes, as well as parks, woodlands, and vineyards. Toronto’s metropolis status has led to growth in the real estate sector.  The home buyer has many Toronto Luxury Homes to choose from: high-rise condominium towers to Victorian heritage homes, to cutting-edge modern architecture, to stone mansions.

Toronto luxury homes are booming, especially for single family detached homes. The term “luxury” can be interpreted differently in each market, but in Toronto, it generally refers to properties priced $2 million upwards. The luxury housing market has experienced solid and consistent growth in recent years, with detached homes getting whopping 89% increase over last year. While luxury condos saw a 26% increase, which by any standard is amazing. Condos account for a small portion of the luxury market priced over $2 million, whereas detached single-family homes are much more in demand with less overall inventory.

The rise in Toronto’s luxury real estate market can be attributed to a price increase across the board, as well as low inventory and high demand, particularly for single-family homes. The luxury housing market demand is driven primarily by local move-up buyers, followed by foreign buyers. The high demand for luxury homes in the Greater Toronto Area has led to a spill over effect in other areas. The city is made up of nearly 250 neighborhoods (some not officially recognized, but still prominent), with affluent areas including The Annex, Summerhill, Yorkville, and Deer Park. The city’s mansions generally lie northeast of Downtown, with C12 being one of, if not the most, expensive neighborhood in the Greater Toronto Area.

The only other areas in Canada that are typically on the “American” luxury radar is Vancouver.  With developments like Burnaby condos for sale, it’s no wonder why Vancouver is another destination.  In any case, check out this luxury Toronto Real Estate.

A great example of luxury living in Toronto is this home below.  With a home like this it’s a wonder why Canadians want to retire to Florida!

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About the Toronto Luxury Homes Featured Here:

This 8200 sq ft sprawling luxury home is set on over an acre of land and located on the most exclusive street in all of Toronto’s east end. Surrounded by nature giving you total privacy whilst offering breathtaking water views. Neighboring local celebrities, this modern day castle is spectacular with every detail carefully considered and done to perfection.

This beautiful home has 7 bedrooms, 5 bathrooms, heated flooring, multiple fireplaces, theatre room, gym, handyman’s dream 3 car garage, 8 car circular driveway, private nanny quarters or in-law suite, outdoor spa featuring an in-ground pool, hot tub, outdoor shower, built-in grilling station, wrap around decks, and the list goes on and on.   It’s a great example of why real estate agents want to break into luxury home sales.

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