The Moraga Vineyards estate in Bel Air goes for sale including the Winery at $29.5 million

Karanvir Singh:

Sited at an elevation of 600 to 900 feet boasting unrivaled views, just 5-miles from the Pacific Ocean in Los Angeles community of Bel Air, the famed 16-acres wine growing estate Moraga Vineyards is now up for grabs at a price of $29.5 million. Presently owned by Tom and Ruth Jones, this property that impressively includes vineyards and a 2,300-square-foot winery that produces about 1,500 cases a year, will certainly appeal to the rich and well-heeled individuals who owns their very own private vineyards, and loves to maintain them as a part of their exclusive list of luxurious assets. This unique and once-in-a-lifetime offering includes the Moraga Vineyards and Winery, a significant wine inventory stored in the on-site wine cave, the 7,500 sq. ft main residence, and a 4,400 sq. ft office building being used as the winery sales office. Interestingly, the owners and native Californians, Tom and Ruth Jones have lived on this Moraga Canyon property since 1959, purchasing a small horse ranch which was originally built by iconic Hollywood film director Victor Fleming, renowned for highly-acclaimed films like Gone with the Wind and The Wizard of Oz.

The Moraga Vineyards estate in Bel Air goes for sale including the Winery at $29.5 million
The Moraga Vineyards estate in Bel Air goes for sale including the Winery at $29.5 million

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F 1 heiress Tamara Ecclestone is paying $150K a month to rent home overlooking the Bel Air Country Club

Karanvir Singh:

Eldest daughter of Formula 1 supremo Bernie Ecclestone and former Croatian Armani model Slavica, Tamara Ecclestone, the 28-years old billionaire heiress who already owns a $54 million Chelsea home and $72 million Kensington home will be paying $150,000 a month to rent a house overlooking the Bel Air Country Club. This English-Croatian socialite, supermodel, TV personality and big sister to Britain’s most spoilt girl Petra Ecclestone who owns $85 million Spelling Manor, one of the world’s most expensive home, has plans to stay in her new ultra-expensive rental home for 6-months at the total cost of over $900,000. Besides, we have also seen some of the most expensive rental homes including the Astor Suite at the Plaza in New York asking for $165,000 per month, Kate Winslet’s Chelsea apartment for rent at $30,000 a month, Frank Gehry’s New York penthouse at $60,000 per month, the apartment in the Waldrof Astoria tower on 50th East Street commanding $135,000 a month, and recently the Diet Coke’s new Creative Director Mark Jacobs’ 40 Mercer Street Condo which was made available for rental at $37,500.

F 1 heiress Tamara Ecclestone is paying $150K a month to rent home overlooking the Bel Air Country Club
F 1 heiress Tamara Ecclestone is paying $150K a month to rent home overlooking the Bel Air Country Club

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Sultan of Brunei’s former Spanish Colonial estate overlooking his Beverly Hills Hotel listed for $38M

Karanvir Singh:

One of the richest royals and one of the last remaining absolute monarchs in the world, Sultan Haji Hassanal Bolkiah, better known as the Sultan of Brunei who’s well versed with the art of spending the riches the most lavish ways, back in year 1987 bought the legendary, pink and posh Beverly Hills Hotel for $185 million and poured another $150 million for its full restoration and renovation. And adjacent to this 260-room famed luxury hotel, the Southeast Asian royal and billionaire who regularly gets a haircut worth $21,000, owns 7,000 high performance cars worth $5 billion and world’s most expensive home, also earlier owned a landmark Spanish Colonial Revival estate which was originally built back in year 1927, and undergone an extensive restoration by renowned designers/architects Tim Morrison & Tom Proctor. Now that 14,000 sq. ft estate located north of Beverly Hills Hotel and sited on 1 ¾ acres offering wonderful views of the City has been listed for $38 million.

Sultan of Brunei's former Spanish Colonial estate overlooking his Beverly Hills Hotel listed for $38M
Sultan of Brunei’s former Spanish Colonial estate overlooking his Beverly Hills Hotel listed for $38M

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Diet Coke’s new Creative Director Mark Jacobs’ 40 Mercer Street Condo is available for rent at $37,500

Karanvir Singh:

The privileged class of renters or ‘super renters’ who are willing to shell out multi-thousand dollars per month to be able to live in ultra-luxury and style can now rent the renowned American fashion designer Mark Jacobs’ 40 Mercer Street Condo for $37,500 a month. This 2,476-sq.ft impeccably-furnished loft residence in the 14-storey building built in collaboration between hotel visionaire Andre Balazs and famed architect Jean Nouvel, and is defined to be an extraordinary testament to modern luxury, elegance, progressive architecture, and ingenious engineering, will be available for rent starting this March 1st. Boasting expansive, free-flowing spaces, floor-to-ceiling windows facing South and West, this three-bedroom, 3.5 bathroom condo with a powder room, was the rental home of the 49-year old designer in year 2009, when he use to stay with his then boyfriend Lorenzo Martone. Even UK’s richest teen Daniel Radcliffe purchased a $4.3 million condo in this very same building, and immediately made it available for rental at $20,000.

Mark Jacobs’ 40 Mercer Street Condo is Available for Rent at $37,500 a Month
Mark Jacobs’ 40 Mercer Street Condo is Available for Rent at $37,500 a Month

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The ski-in/ski-out chalet at Deer Valley Resort in Park City, Utah listed for $21.9 million

Karanvir Singh:

Especially built in year 2007 to epitomize the ideal ski luxury vacation home, here’s the ultimate 13,500 sq. ft ski-in/ski-out chalet nestled atop Deer Valley’s Little Baldy Peak at nearly 8,000 ft. elevation, which has now been listed for $21.9 million by Jeff Spenser of Resorts West Real Estate. This unique Ski Dream Home that truly defines a Deer Valley luxury ski home, and comes complete with slope-side access via a private ski bridge, heated wrap-around decks and patio areas, and other ultra-luxury amenities, is a true find for the discerning individuals who look for world-class luxury and absolute comfort right on the mountain. Besides, we have also earlier seen the sale offering of the 26 Obsidian Road Mansion which is described as the crown jewel of the ‘ski-lover’s paradise’ Yellowstone Club that offers the best of the best, skiing, and expansive entertaining, the ski-in/ski-out custom luxury chalet in Steamboat Springs, Colorado for $7,995,000, besides the luxurious Aspen Starwood estate for $18.5 million, and the most expensive listing in Colorado which asks for $75 Million.

The ski-in/ski-out chalet at Deer Valley Resort in Park City, Utah listed for $21.9 million
The ski-in/ski-out chalet at Deer Valley Resort in Park City, Utah listed for $21.9 million

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$100 million Hillsborough Estate is one of the most expensive homes in California

Nandini Maheshwari:

The upscale real estate market in America has been setting new records every time there is a large parcel of land in America’s most expensive zip codes, including premium addresses in New York and luxury estates for sale in California’s upscale communities including Rolling Hills, Woodside and Hillsborough, CA, where the median home price is $4,127,250. Hillsborough, San Mateo County is also in proximity to some of the most expensive properties in San Francisco and the Silicon Valley. We have earlier told you about the historic Tobin Clark Estate in Hillsborough, California listed for auction at $29 million and the Tudor Estate in Hillsborough, California, which boasts one of the longest residential water slide, which is185 foot long. Another Hillsborough home that ranks among the most expensive piece of land in California has been listed on the market for $100 million. Truly reflecting the scale, proportion of country estates, the estate sits on approximately 47-acres in the sought-after community of Hillsborough, California.

Hillsborough Estate
Hillsborough Estate

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Crespi-Hicks Estate in Dallas is now America’s most expensive home for sale at $135 million

Karanvir Singh:

Described to be America’s finest estate home that inspires cultural consciousness, defines the dialogue of good design, provides a green oasis in the middle of a large city, and boasts awe-inspiring architecture that creates a felling of warmth and comfort, the Crespi-Hicks Estate owned by an American ‘leveraged buyout’ businessman Thomas Ollis Hicks, Sr., is now being offered for eye-watering $135 million. Interestingly, this significant home on a magnificent site which is now the America’s new most expensive home for sale is in Dallas, Texas, and surprisingly not in the most expensive ZIP codes of the U.S., where the billionaires rush to invest in the multi-million dollar luxury estates and trophy properties. As described by the Douglas Newby of Douglas Newby & Associates which has the listing, this luxurious Dallas estate of Tom Hicks is an architectural masterpiece that sits behind wrought iron gates in the ultra-exclusive, beautiful and hidden neighborhood of Mayflower Estates, which is notably home to Dallas’ richest and high-profile residents, including the former President George W. Bush. However, our comprehensive edit of the big buyers and sellers of luxury real estate in 2012 also throws light that it’s the highest end of the luxury real estate that is leading the way of the realty market in United States.

Finest Estate Home, Crespi Hicks EstateThis estate home features artisanship, materials and a site that cannot be replicated even if one had the resources and five or ten years to commit to a residential endeavor.

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Ultimate ski-in, ski-out custom luxury home for sale in Steamboat Springs, Colorado

Karanvir Singh:

Offering world-class luxury right on the mountain, the one-of-a-kind Over the Edge Chalet in Steamboat Springs which is undoubtedly the finest luxury vacation home in Colorado with proven rental income history, is now being offered on sale for $7,995,000. Boasting breath-taking mountain views of Steamboat Springs through its lofty windows, this ultimate ski-in-/ski-out custom luxury chalet with unparalleled access to the slopes is just perfect for those discerning individuals who look for absolute comfort, convenience and mountain leisure in every aspect. This exclusive 10,000 sq. ft masterpiece which comes fully-furnished by TRH Interiors, the designers of Ritz Carlton, offers sophisticated, yet comfy, décor, and provides warmth and opulence with all the high-end amenities and services of a luxury hotel. On the same note, we have also earlier seen the sale offering of the 26 Obsidian Road Mansion which is the crown jewel of the ‘ski-lover’s paradise’ Yellowstone Club, the world’s only private ski and golf community, offering the best of the best, skiing, expansive entertaining, besides the luxurious Aspen Starwood estate for $18.5 million, and the most expensive listing in Colorado which asks for $75 Million.

Ultimate ski-in, ski-out custom luxury home for sale in Steamboat Springs, Colorado
Ultimate ski-in, ski-out custom luxury home for sale in Steamboat Springs, Colorado

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French Luxury Goods Mogul Francois Pinault buys Vidal Sassoon’s Bel Air Estate for $16.5 Million

Karanvir Singh:

Originally commissioned in the mid-’50s by industrialist Henry Singleton for a site on a spectacular peak atop the prestigious Mulholland Drive, the estate popularly known as Singleton House, which was built by noted architect Richard Neutra back in 1959, has now been purchased by the French luxury good magnate François Pinault who runs PPR, the fashion conglomerate that owns high-end luxury fashion houses including Gucci, Stella McCartney, Alexander McQueen and Yves Saint Laurent. Located up a 300-foot-long gated driveway on a 5-acre hilltop that overlooks Los Angeles and Pacific Ocean, this 6,400-square-foot home in Bel Air was sold by Ronnie Sassoon, the widow of renowned British hairdresser and trendsetter Vidal Sassoon who’s often referred to as the ‘founder of hairdressing’ and is credited with pioneering the wedge bob haircut. Billionaire Pinault who’s renowned for owning one of the biggest contemporary art collections in the world worth whopping $1.4 billion and for being the 100% owner of prestigious auction house Christie’s, bought the home for $16.5 million.

French Luxury Goods Mogul Francois Pinault buys Vidal Sassoon's Bel Air Estate for $16.5 Million
French Luxury Goods Mogul Francois Pinault buys Vidal Sassoon’s Bel Air Estate for $16.5 Million

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Big buyers and sellers of luxury real estate in 2012

Karanvir Singh:

The U.S. housing market is on its way to recovery since its collapse in 2008, but it’s the highest end of the luxury real estate that is leading the way. The super wealthy are spending on the trophy properties around the U.S., though high-end New York City real estate including Manhattan condos is where the billionaires are rushing to invest in, and cities like San Francisco, Miami and Malibu too have lured ultra wealthy buyers spending to own a luxury property. We have earlier seen the most expensive homes owned by the billionaires across the globe, and here we take a look at the biggest deals of the year 2012. The year started off with a bang with Ekaterina Rybolovleva, the daughter of Russian fertilizer king Dmitry Rybolovlev spending $88 million on a New York apartment, then David Geffen bought the most expensive Manhattan Co-Op for $54 million, and later Gianni Versace’s home Casa Casuarina got listed for whopping $125 million. And throughout the year world’s richest celebrities and business moguls have snapped up multi-million dollar luxury estates and penthouses in the world’s most expensive U.S. zip codes, which notably includes addresses in Manhattan, California, Miami-Beach, Florida, Los Angeles, and San Francisco.

Billionaire buyers & sellers of the most luxurious home
Billionaire buyers & sellers of the most luxurious home

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