8 Midsummer, Newport Beach
Sold for $25,000,000
5050 Makena Road, Hawaii
Represented by Anne Hogan Perry
Sold for $9,750,000
Represented by Matthew Breitenbach
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Compass luxury in the news
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Trevor Noah will spend 2021 in style. The day before New Year’s Eve, the host of “The Daily Show” shelled out $27.5 million for a contemporary mansion in Bel-Air.
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Emmy Award-winning actress Candice Bergen is ready to part with her quintessential East Hampton bolthole after listing the spread on the far end of New York’s Long Island last week for $18 million.
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An Oceanfront Georgian Estate in Hillsboro Beach, Florida, Sells for More Than $20 Million
A sprawling estate in Hillsboro Beach, Florida, that comes with a 100-foot deep water dockage and 100 feet of ocean frontage just changed hands for $20.4 million, making it the second-most expensive sale for Broward County.
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What we are hearing in the luxury space
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The interest in ski towns has risen from an unlikely consumer base. Second-home buyers from Northern and Mid-Western states typically search for secondary homes in warmer, beach-front locales. However, according to Forbes, this has all changed. The search for ski homes was up 36% year over year for the fourth quarter of 2020, with the main demand coming from buyers originating in North-Eastern and Mid-Western states.
With mortgage rates at record lows, Millennial buyers have taken advantage and are responsible for a majority of the record mortgage applications in 2020. As reported by Forbes, the top ten metropolitan areas Millennials have flocked to include San Jose, Boston, Denver, Minneapolis, Buffalo, San Francisco, Salt Lake City, Austin, Pittsburgh, and New York City.
Robot-run kitchens have finally made their debut. At the 2021 digital Consumer Electronics Show, United Kingdom based company Moley Robotics unveiled a customizable robotic kitchen capable of whipping up four course meals, placing orders for groceries that are running low, and cleaning not just dishes, but the entire kitchen. Whiley fully customizable, the version presented with all the bells and whistles costs an approximate $340K.
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Jump In "Million-Dollar Cities''
According to Mansion Global, the number of United States cities where the cost of a typical home is $1 million dollars shot up 17% in 2020. There are now 312 so-called "million-dollar cities" in the United States, 45 more than a just one year ago.
US Sees Record Number Of Record Sales In 2020
The luxury real estate market throughout the United States was constantly setting records in 2020. Robb Report rounded-up the most expensive properties sold from coast to coast during 2020, with the top 4 all clocking in at $100 million or more.
Technology Hubs To Fare Well In 2021
As a result of the current pandemic, technology companies with the ability to support a local yet remote workforce will drive the real estate market in 2021. Forbes reports that cities with these characteristics like Sacramento, San Jose, Boise, Denver, and Seattle are poised to see growth throughout the coming months.
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Spotlight On Luxury Across the Country
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A Timeless Tribute to Beverly Hills
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An unprecedented design from world-renowned MAD Architects, Gardenhouse in Beverly Hills is a creative vision for the future where architecture and nature coalesce to elevate the everyday living environment and provide residents a sense of peace within the city’s most exclusive address.
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Prestigious properties around the country
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Owner's penthouse with b
ig 270° views plus four rental residences. Live your dream on top of the city and make generous income on the side! Represented by Victoria Clemons and Julia Bernardini.
7 Beds | 8 Baths |
$6,995,000
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602 Indian Field Rd Lot B, Greenwich, CT
A rare opportunity to develop on pristine Long Island Sound property in the exclusive, guard gated waterfront Mead Point Association. Thoughtful diligence completed for 16,000 sqft estate with pool and tennis. Represented by Brian Milton.
11.59 AC Lot Size |
$27,900,000
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A private, minimalist & newly built Modern Farmhouse awaits in the Hollywood Hills, minutes from the iconic Sunset Plaza. Represented by Sally Forster Jones, Tomer Fridman and Tyrone Mckillen.
6 Beds | 9 Baths |
$28,500,000
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Spotlight on
New Development
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58 luxury residences with curated interiors by
Kara Mann priced from $1.2m.
Nestled in Chicago’s West Loop, Embry is a haven of tranquility in the midst of the city. For residents of downtown Chicago, an escape from the chaos is a rare find. For residents of EMBRY, it’s home.
With its location on a tree-lined street just steps from the activity on both Randolph and Madison Streets, EMBRY weaves together the vibrant surrounding neighborhood, inspired sophistication and serene privacy — along with stunning views found nowhere else in the West Loop.
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© Compass 2021 ¦ All Rights Reserved by Compass ¦ Made in NYC
Compass is a licensed real estate broker and abides by Equal Housing Opportunity laws. All material presented herein is intended for informational purposes only. Information is compiled from sources deemed reliable but is subject to errors, omissions, changes in price, condition, sale, or withdrawal without notice. No statement is made as to the accuracy of any description. All measurements and square footages are approximate. This is not intended to solicit property already listed. Nothing herein shall be construed as legal, accounting or other professional advice outside the realm of real estate brokerage.
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