$49M ‘Ocean Dream’ in the Hamptons Is Most Expensive New Listing


For the first time in decades, a waterfront estate in Southampton, NY, known as “Ocean Dream” has washed onto the market. The 80-year-old abode is now available for $49 million, and ranks as this week’s most expensive new listing on realtor.com®.

The owners, a couple who fell for each other, and then this Hamptons home, purchased the place back in the late 1990s, according to the website 27east.com.

It had been owned by Anne Ford, the daughter of Henry Ford, before being sold to George and Patty Kraus in January 1998 for $5.5 million. Given the location, the couple considered the price “the last bargain on the East End.”

A bargain no more, the home with a “sterling provenance” sits on a private drive off exclusive Gin Lane.

Built in 1940, the 7,500-square-foot, shingled home is wrapped with porches and decks on the first and second floors, allowing for indoor-outdoor living and entertaining. A path leads to the beach, and French doors open out to the pool.

The couple reportedly overhauled the place after they bought it, tapping William Sclight, a well-known Hamptons architect based in Water Mill, NY, for the job. That was decades ago, and a buyer will probably plan to make a few updates to the interior.

"Ocean Dream" in the Hamptons
“Ocean Dream” in the Hamptons

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Sunroom
Sunroom

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Morning room
Morning room

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Kitchen
Kitchen

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Covered outdoor dining
Covered outdoor dining

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Family room
Family room

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Bedroom with outdoor access
Bedroom with outdoor access

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Media room
Media room

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Steps to the beach
Steps to the beach

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Pool
Pool

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Guests enter into a front foyer with a view straight through to the ocean-side covered deck. The layout incorporates nine bedrooms, nine full bathrooms, and three partial baths.

Other key spaces include a living room, media room, sunroom, formal dining room, butler’s pantry, and dine-in kitchen with morning room. Several French doors open to the decks overlooking the pool.

On the second floor, you’ll find the master suite with multiple dressing rooms and access to the ocean-view deck. Additional spaces include a third-floor family room, office, a gym, staff quarters, three-car garage, and connecting poolhouse. 

The listing calls the home “well-loved and maintained for generations,” and a “rare opportunity to own one of Southampton’s finest oceanfront estates.” 

Set on 3.7 acres, the home offers private access to the beach, manicured landscaping, a grass tennis court, and a putting green. Shopping and restaurants are a short distance away.

Harald Grant with Sotheby’s International Realty-Southampton Brokerage holds the listing. 



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Stripe Is Offering $20,000 Bonus To Employees Who Relocate To Less Expensive Cities, But It Comes With A Pay Reduction


Topline

Stripe is offering a $20,000 bonus to employees who move away from San Francisco, New York City or Seattle but it comes with a 10% pay reduction, spokesman Mike Manning told Forbes, making the e-commerce and mobile payment processor the latest tech company to implement pay cuts for workers who chose to relocate to less expensive cities as remote work policies are extended because of the pandemic. 

Key Facts

Stripe, which has more than 2,800 employees, has relied on remote work for years and in May announced it would hire at least 100 remote engineers, saying remote workers have helped the company stay close to customers so they can tailor Stripe’s products accordingly. 

Stripe joins other technology companies that have said they’ll cut the pay of employees who move to less expensive cities, including the social media companies Facebook and Twitter and enterprise software companies VMware and ServiceNow, according to Bloomberg, which first reported the news.

Further Background

Just as many white-collar Americans are reconsidering the cost of living in expensive cities if remote work policies continue, many companies are also reconsidering expensive office costs. Some companies have had market-based salary policies in place for years, meaning pay is adjusted based on the cost of living or cost of labor in the area. 

Tangent

The job search marketplace Hired surveyed 2,300 tech workers and found that 55% said they would not be willing to accept a reduced salary if their employer made work from home permanent. An overwhelming 90% said the same job should receive the same pay, regardless of if the person works remotely, but 40% said they support location adjustments. More than half, 53%, said they would be “likely” or “very likely” to move to a city with a lower cost of living if allowed to work from home permanently. 

Further Reading

Stripe Workers Who Relocate Get $20,000 Bonus and a Pay Cut (Bloomberg)

Why Silicon Valley workers who relocate for remote work face pay cuts (Fox Business)

2020 State of Salaries Report: Salary benchmarks and talent preferences (Hired)



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$30M Lakefront Estate Takes Over as Idaho’s Most Expensive Home


We live in interesting times—Idaho is now a hot spot for mansions.

Just a month after we crowned a $27 million mansion as the state’s most expensive home, a pricier lakefront mansion has splashed down on the market.

Listed for $30 million, Idaho’s new most expensive home is a sprawling estate on Windy Bay Road in Worley, ID, that sits on Lake Coeur d’Alene. It’s located about 15 miles south of the previous title holder.

Known as Skypine, this megamillion-dollar mansion took the title from the mansion dubbed Copper Rock Estate. Copper Rock went up for sale a little over a month ago, with a list price of $27 million.

Skypine, built in 2011, sits on 27 manicured acres and offers 16,620 square feet of luxurious living space. A large manmade waterfall is a focal point, and there’s 870 feet of lake frontage, much of it sandy.

Most of the home’s rooms have lakefront views, and each of the four bedrooms has an en suite bathroom.

The master bedroom is in its own wing and has an open and airy feeling, with access to paved outdoor living space. That wing also features an office and exercise room.

Lakefront view of estate in Worley, ID
Lakefront view of estate in Worley, ID

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Exterior
Exterior

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Waterfall
Waterfall

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Aerial view
Aerial view

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Master bedroom
Master bedroom

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Master bathroom
Master bathroom

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Closet
Closet

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The master bathroom is enormous and features two large vanities and a soaking tub with a lake view. The closet also offers an abundance of space.

The main living spaces feature high ceilings, lots of windows, and wooden beams. There are several fireplaces, media rooms, and stone corridors to wander through. A large game room provides plenty of indoor entertaining space.

Living space
Living space

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Living space
Living space

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Outdoors, a 2,400-square-foot boathouse is designed to protect all manner of water toys. Eight watercraft are part of the sale price, including several personal watercraft, a pontoon boat, and a 34-foot StanCraft.

StanCraft is an Idaho-based boat-making company that was established in 1933. The company builds custom wooden boats that cost several hundred thousand dollars.

Boathouse
Boathouse

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StanCraft boat
StanCraft boat

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Pontoon boat
Pontoon boat

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Personal watercraft
Personal watercraft

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The sale price also includes two aircraft hangars at the Coeur d’Alene Airport that include space for aircraft, an office, and lounging areas.

A helipad on the lakefront property offers no-fuss access from the airport to the estate.

Aircraft hangar
Aircraft hangar

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Once past the security gates, the driveway to the house is a half-mile and is all finished with pavers. There’s a two-car attached garage.

Gates
Gates

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Driveway
Driveway

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Public records show that the owner is Ron Pratte, once a famous car collector. Throughout the house, you can see signs that the owner loves cars.

Pratte, who lives near Phoenix, made his fortune as the founder and CEO of Pratte Development Company, a wood framing and concrete foundation company. He eventually sold his company to Pulte Homes.

The wealthy collector had a car museum in the Phoenix suburb of Chandler, AZ, to display his collection. In 2015, Pratte sold his entire collection of more than 100 cars and other items for over $40 million.

Published reports say Pratte now collects planes and other aircraft.

Entry
Entry

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Exterior
Exterior

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Aerial view
Aerial view

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North Carolina’s Most Expensive Home Offers a Touch of Hawaiian Flavor


Modern with a dash of Hawaiian inspiration, the design of this waterfront mansion is unlike any other in Wrightsville Beach, NC.

And the price is a major differentiator. The 8,622-square-foot house on Auditorium Circle is on the market for $16,490,000, which makes it North Carolina’s most expensive home.

The home sits on almost a quarter of an acre right next to the Wrightsville Beach Causeway. It’s the easternmost dwelling on Harbor Island, which sits between the Intracoastal Waterway and Banks Channel.

Construction on the home began in mid-2016, and was recently completed. The home was designed for indoor/outdoor living and has four bedrooms and 4.5 bathrooms spread across two stories of livable and enclosed space.

A ground-level floor is devoted to recreational space, with a decadent pool area.

The house was put up by the Parker Construction Group, and published reports say it’s made of many tons of structural steel, hundreds of concrete bridge pilings, and more than a million dollars worth of glass. It’s built to withstand a Category 5 hurricane.

Exterior of new home in Wrightsville, NC
Exterior of new home in Wrightsville, NC

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Exterior
Exterior

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Interior
Interior

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Interior
Interior

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Interior
Interior

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The house’s style is unique among beach homes along the North Carolina coast. Marketing materials describe the style as Mid-Atlantic Hawaiian Modern and cite the architect Vladimir Ossipoff as its inspiration.

Ossipoff was of Russian descent, but grew up in Tokyo during the early 1900s. His family moved to Hawaii in 1931, and he began to develop his style based on simplicity and clean lines.

During his career, he earned many honors for his designs throughout Hawaii and his style of “midcentury modernism would define Hawaiian architecture.”

Using Ossipoff’s designs as inspiration, the owner and engineer, Christopher Parker, and the architect Michael Ross Kersting designed the North Carolina house with privacy and views in mind.

Interior
Interior

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Interior
Interior

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Bedroom
Bedroom

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Inside, you’ll find a mix of wood, metal, and glass, offering awe-inspiring views of the town, water, and the bridge. A center area takes advantage of the home’s height, with dramatic balconies and staircases. There’s also an elevator.

The Wilmington-based interior designer Suzanne C. Moss designed the furniture package, with warm colors including lots of orange, yellow, and red. The furnishings have the same clean look as the house itself.

Bedroom
Bedroom

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Interior
Interior

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Interior
Interior

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The kitchen features high-end appliances that remain hidden from view and a huge island with plenty of seating. The nearby dining area uses the view to its advantage, with a long table along a wall of glass. A butler’s pantry is close by, to use as prep and storage space.

Kitchen
Kitchen

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Kitchen
Kitchen

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The house also has plenty of space for recreation. A lap pool seamlessly flows from the indoors to the outdoors. Much of it is shielded from direct sunlight, while portions of it are out in the open. A fireplace is part of the pool deck. There’s also a gym, sauna, media room, and boat dock.

Pool
Pool

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Sauna
Sauna

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Pool
Pool

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Pool
Pool

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Gym
Gym

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This modern marvel is the Tar Heel state’s most expensive home by a large margin. In fact, it’s nearly double the price of North Carolina’s second most expensive home.

The current runner-up is a $9 million, 250-acre estate in Rougemont that serves as a sort of traditional counterpoint to the state’s priciest property.

Interior
Interior

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Interior
Interior

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Interior
Interior

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Interior
Interior

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Bathroom
Bathroom

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$52M Oceanfront Retreat in Hamptons Is Most Expensive New Listing


The Hamptons are hot, as city dwellers search for an escape. For those with deep pockets, there’s always a way to beat the heat.

Which brings us to a modern vacation home with beachfront bragging rights that’s waded onto the market for $52 million. The price tag makes it this week’s most expensive new listing on realtor.com®.

The spectacular spread is set behind a gated entry in Wainscott, NY. The oceanside edifice offers 230 feet of beachfront.

It’s located close to the storied Kilkare estate, which snagged the honor of most expensive listing back in 2017, when it landed on the market for $55 million. 

The property sold in 2015 for $16.5 million, and construction on this home was completed in 2018. The modern home is described in the listing details as a “flawless symphony of architecture, construction, landscape design, and interior composition.”

We’ll agree the teak and stucco structure hits all the right notes. The unique residence designed by Barnes Coy Architects is connected by “three pavilions,” linked by stairways and elongated passageways. 

The angular abode features an inverted V-shaped roof. Inside, the bold lines continue with an “inverted teak pyramid” that comes within 9 feet of the floor, according to the firm’s website. 

The interior also offers 22-feet ceilings, walls of glass, and dramatic beach views.

This week's most expensive home, in Wainscott, NY
This week’s most expensive home, in Wainscott, NY

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Open floor plan
Open floor plan

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Dining area
Dining area

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Kitchen with inverted pyramid
Kitchen with inverted pyramid

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Decks and pool
Decks and pool

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With 11,000 square feet of living space, the layout includes six bedrooms and 10.5 baths. The main pavilion incorporates the open kitchen, which is a true chef’s delight. It’s highlighted by Gaggenau, Sub-Zero, and Miele appliances, as well as a large center island. The kitchen looks out to the dining and living space of the great room.

On the other end of the residence, there’s a den/office that leads to the master wing. The master retreat features ocean views, dual bathrooms, and a pair of walk-in closets. A third pavilion encompasses the additional five bedrooms, a rec room, and a four-car garage.

Down one level, you’ll find the gym, as well as a spa bath with steam and sauna.

The mansion also houses a golf simulator (which could be converted to a home theater), two staff suites, and an atrium entry with an elevator. The Crestron-controlled smart home features Lutron lighting, automatic shades, and a Sonos sound system, as well as a whole-house generator. 

Outside, the expansive 2.33 acres offer an “eccentrically shaped” deck and 72-foot pool, including a submerged spa.

The oceanfront grounds were left as wild as possible, the listing notes. The ipe-clad deck features a covered area with an outdoor kitchen, dining table, and seaside living room. The property also includes a private walkway over the dune to the beach.  

Gary DePersia with The Corcoran Group-East Hampton holds the listing.



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Nebraska’s Most Expensive Home Ready To Generate Its Own Income


A mansion with a ton of space and plenty of future earning potential is available in Lincoln, NE, for $3.5 million. At the current price, it’s the Cornhusker State’s most expensive home.

The 16,089-square-foot estate on Holdrege Street sits on a whopping 78 acres, some of which will soon be generating income.

“The home itself is built on the top [of a hill] for all the wonderful views, but then, behind it, is an additional agricultural space that will soon become a beautiful solar energy project,” says the listing agent, Jeff Searcy.

The next owner won’t be able to see the solar farm from the house, but it “will be providing substantial annual income to the owner of the estate through the years to come,” Searcy explains.

Contracts are in place for the project for 40 years, and the plans state that the plant should be generating power by the end of 2021.

Aerial view of property in Lincoln, NE
Aerial view of property in Lincoln, NE

Altitude in Motion

Views
Views

Altitude in Motion

Windows for views
Windows for views

Altitude in Motion

Built in 2002, the mansion has more than 50 windows to take advantage of the views of the city, which is about 3 miles away.

The vast expanse of land includes two lakes, and Searcy suggests that the acreage would be perfect for horses, fishing, private golf, weddings, or vineyards.

“I think that exceptional opportunities await someone that really wants to have a fabulous home setting, land, and a peaceful environment with some elbow room,” he says.

Interior
Interior

Altitude in Motion

Inside, there are six bedrooms and 10 bathrooms. Four of the bedrooms, including the master suite, are on the second floor.

The master suite overlooks the lakes and has its own balcony. According to Searcy, the huge closet space in the master suite will also appeal to a clotheshorse.

“The master closet is probably the size of a lot of master bedrooms,” he adds.

The other three bedrooms on the floor have attached bathrooms and walk-in closets.

Living space
Living space

Altitude in Motion

Master bedroom
Master bedroom

Altitude in Motion

Two more bedrooms are on the main floor, whose office areas, Searcy notes, could also be turned into bedrooms. The kitchen has a huge island, as well as plenty of storage and counter space.

Kitchen
Kitchen

Altitude in Motion

Interior
Interior

Altitude in Motion

Numerous options for entertaining include a theater room, a gym, and an indoor basketball court.

“There’s not that many in-home basketball courts,” Searcy says.

“The family is very active. They love using [the court] for volleyball and for pickleball. They have gotten a massive amount of joy and exercise out of those areas.”

Exercise areas
Exercise areas

Altitude in Motion

Theater room
Theater room

Altitude in Motion

A few years ago, the owners added on what they call the “West Wing” to add office space, a large room with a kitchen area, a bar, and a stage.

“It’s a great reception and entertainment space,” Searcy says. “It looks out over the lakes, and it just has a real inviting feel.”

Bar
Bar

Altitude in Motion

Entertaining space
Entertaining space

Altitude in Motion

Office space
Office space

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Searcy says the house is move-in ready, but also offers plenty of leeway for the new owners to put their own stamp on it.

“I think for a lot of people, it would be a blank canvas to be able to establish the kind of finishes they may want, personal tastes—bringing it into the 2020s,” he says.

The home now has a lot of oak and neutral finishes, which might not appeal to today’s luxury buyers.

“Everyone’s tastes are different, but it certainly is open and ready to take advantage of this gorgeous setting and great living space.”

Bedroom
Bedroom

Altitude in Motion

Master bathroom
Master bathroom

Altitude in Motion

Pantry
Pantry

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Interior
Interior

Altitude in Motion

Interior
Interior

Altitude in Motion

Bathroom
Bathroom

Altitude in Motion

Exterior
Exterior

Altitude in Motion



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Property Brothers Buy Their Most Expensive House


After

“House Party” is realtor.com®’s official podcast about the overlapping worlds of real estate and pop culture, hosted by Natalie Way and Rachel Stults. Click the player above to hear our takes on this week’s hot topics.

Drew and Jonathan Scott, aka the Property Brothers, have bought and flipped their fair share of homes throughout the country at varying prices. Some are modest single-family homes in need of a design-minded expert, and some are multimillion-dollar mansions lacking in the up-to-date features many luxury buyers crave.

But their most recent real estate purchase, a $9.5 million estate in Los Angeles’ tony Brentwood neighborhood, proved to be the most expensive property they’ve ever held in their portfolio.

The house itself is a sight to behold, with many original architectural touches from the 1930s intact. Still, we couldn’t help but wonder if any big changes really need to be made. So we dig into all the details on this episode of “House Party.”

Other topics we discuss:

  • Model Gigi Hadid‘s $5.82 million condo renovation full of pop art and color
  • Actress Bella Thorne‘s eclectic, colorful L.A. mansion, which is for sale
  • Reality TV filming postpandemic: what “Property Brothers: Forever Home” has planned
  • This week’s celebrity real estate winner and loser

Ready to listen? Subscribe on Apple PodcastsGoogle Play MusicSpotify, or wherever you get your podcasts. And please: Throw us a five-star rating if you like what you hear. The more good ratings and reviews we have, the easier it is for people to find us.

Want to chime in? Have your own crazy home-related story you’re dying to share? We’re all ears, eagerly waiting to discuss all of your burning real estate questions on “The Mailbox” segment. Email us at podcast@realtor.com, follow us on Facebook, or tweet us @housepartypod on Twitter.



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Fully Furnished $27M Lakefront Mansion Is Idaho’s Most Expensive Home


A huge lakefront mansion in Coeur d’Alene, ID, has landed on the market for the first time. With an asking price of $27 million, the custom home known as Copper Rock Estate is now Idaho’s most expensive home.

“It’s an entirely new market segment in North Idaho. Nothing like this has ever gone on the market,” says the listing agent, Greg Rowley, adding that the term “trophy home” can now be applied to about half a dozen large, high-end homes clustered around Coeur d’Alene Lake.

Rowley says this luxe residence is a standout, given how recently it was built.

“There are not that many trophy homes that are modern mountain, lodge-style homes that are newer construction,” he says.

Built in 2012, the home covers 8,731 square feet and includes almost 30 acres of waterfront on Mica Bay. It also offers over 700 feet of sandy beach frontage.

On the lake, Rowley explains, “A lot of the shoreline is steep and rocky.” Locations “where you can walk out to sand,” he says, “are pretty rare and sought-after.”

Exterior of property in Coeur d'Alene, ID
Exterior of property in Coeur d’Alene, ID

Rob Crain

Sandy beach
Sandy beach

Rob Crain

Interior
Interior

Rob Crain

The main house has four bedrooms, 4.5 bathrooms, and high-end finishes throughout. Rowley says the La Cornue stove in the kitchen is worth about $80,000 alone. Highlights include imported timbers and handpicked stones.

“It’s got some things you just don’t see, a very intentional use of unique materials,” he says.

Luxury entertainment features include a wine cellar, a full gym, game room, bar area, and an outdoor kitchen with a pizza oven.

For a buyer who wants to slide right into luxury without worrying about decor or design choices, this is a prime opportunity.

“It’s not just being sold furnished, it’s being sold fully equipped,” Rowley notes. In addition to all the decor and furnishings, a buyer will also acquire kayaks, canoes, ATVs, and paddle boards.

“It’s being sold well beyond furnished,” says the agent.

The only item not included in the sale price is the boat on the two-slip dock, but the watercraft is also subject to negotiation. Rowley says a buyer will probably want the boat—after all, it’s the primary method of transportation around the lake.

Kitchen
Kitchen

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Stove
Stove

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Gym
Gym

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Boat and dock
Boat and dock

Rob Crain

“One thing that’s really neat about Lake Coeur d’Alene is there are 13 restaurants you can get to by boat,” Rowley says.

“In the summer, you don’t ever need start your car once you get to the house. You can get to town, you can get to the grocery store, you can get to several restaurants—all by boat.”

Many rooms in the home have lake views, and the home has a enviable indoor/outdoor flow, thanks to retractable glass walls.

The primary bedroom has a fireplace, and the attached bathroom a soaking tub and walk-in shower. The walk-in closet in the suite is enormous.

Bedroom
Bedroom

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Bathroom
Bathroom

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Closet
Closet

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There’s also a guesthouse with two bedrooms, as well as a caretaker’s house with a couple of bedrooms above the boat storage area.

The seller has used the estate as a vacation home, and Rowley expects that the new owner is likely to follow suit. The town of Coeur d’Alene really comes to life in the summer, he says.

“With the unique combination of world-class golf resorts, perfect water temperature, clean air, clean water, [and] a perfect elevation of 2,600 feet above sea level,” Rowley says, the spot is a prime destination, adding, “And we don’t tend to have bugs here in the summer.”

There’s a small airstrip in town, and the airport in Spokane, WA, is about 45 minutes away. Highway access is close to the house.

For a wealthy buyer in search of ultimate lakefront luxury, this Idaho mansion makes perfect sense.

Indoor-outdoor space
Indoor-outdoor space

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Wine cellar
Wine cellar

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Bathroom
Bathroom

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Game room
Game room

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Outdoor kitchen
Outdoor kitchen

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Interior
Interior

Rob Crain


  • For more photos and details, check out the full listing.

  • Homes for sale in Coeur D’Alene

  • Learn more about Coeur D’Alene



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Unfinished Los Angeles Mansion for $30M Is Most Expensive New Listing


An unfinished, Old World-style mansion in Los Angeles recently landed on the SoCal luxury market. Listed for $30 million, it’s this week’s most expensive new listing on realtor.com®.

The massive mansion, billed as “Chateau Philippe,” takes its architectural inspiration from France. It offers eight bedrooms, 10 bathrooms, and every upscale amenity a SoCal Francophile might desire.

A 2016 post on the Homes of the Rich website billed it as a “newly built” French chateau. The price listed at the time was the same as it is today.

Now, four years later, the home’s photos appear to show a few rooms in need of finishing touches. The listing notes that the home is “soon to be completed.”

Chateau Philippe in Bel Air
Chateau Philippe in Bel Air

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Formal entry
Formal entry

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Herringbone flooring
Herringbone flooring

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Hallway
Hallway

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Bedroom suite
Bedroom suite

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En suite bath with clawfoot tub
En suite bath with clawfoot tub

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View of the L.A. estate
View of the L.A. estate

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Inside the Bel Air gates, the residence has 18,000 square feet of interior space and offers a formal entry with a grand staircase that leads to a great room, dining room, and entertaining spaces. French doors open outside. 

Herringbone flooring, marble, walls of windows, and hand-carved finishes can be found throughout. 

The posh property, of course, offers a wealth of luxe features, including a grand ballroom, game room, gym, theater, library, cigar room, and wine cellar. Along with a gourmet kitchen, the layout includes a butler’s kitchen and pantry for entertaining. 

An underground bonus room could be transformed into a recording or dance studio, the listing suggests.

The deluxe owner’s suite boasts a fireplace, wet bar, two walk-in closets, a balcony, and an adjacent bathroom with water closets, built-in vanity, clawfoot tub, and state-of-the-art showers. The other bedrooms in the main house have en suite bathrooms.

Other features of the property include a separate guesthouse and staff quarters.

Most intriguing, the listing adds that the home has been “Designed, built and finished under direction of [a] feng shui master” and that the “harmonious floor plan creates an undeniable sense of chi.”

As long as a buyer has an undeniably large bank account, this almost finished chateau might be an ideal landing spot.

Melissa Echeverria with Keller Williams Beverly Hills holds the listing.



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$29M Townhouse on Upper East Side Is Most Expensive New Listing


A sun-filled, five-story townhouse on New York City’s Upper East Side has landed on the market for $29 million. Built in 1910, the multilevel home is this week’s most expensive new listing on realtor.com®.

Located just off Fifth Avenue, the limestone mansion sits on “one of the most coveted blocks,” according to the listing details, which note that it is flanked by and across from “houses of equivalent architectural merit.”

At 8,800 square feet, the spacious spread includes a finished basement, a gym, 12 rooms, a garden, and terraces.

The home also has an interesting history.

Once the headquarters of the New York Board of Rabbis, the building was purchased by an English businessman, Michael Cannon, for $4.8 million in 2000, according to the Observer. He then embarked on a gut renovation, leaving only the “French neoclassical façade.”

The owner reportedly sold it a year later to Alexander Von Fürstenberg and his wife, Alexandra, for a cool $12 million.

After the couple split up, Alexander Von Fürstenberg put the home on the market in 2005. The home sold for $14.5 million that year, and the real estate magnate Richard LeFrak was reported to be the buyer.

Fifteen years later, the grand residence has landed back on the market with a significant bump in price. Let’s take a peek inside. 

Entry
Entry

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Living room
Living room

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Library
Library

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Kitchen
Kitchen

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Dining room
Dining room

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Garden
Garden

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Music room
Music room

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The multistory abode features six bedrooms, six full bathrooms, and three half-bathrooms.

The classic but updated floor plan opens into a vestibule with double doors that leads to a gallery clad in white marble.

Beyond that space is a grand dining room that can easily fit up to 30 guests. The adjacent “pristine” eat-in kitchen and pantry offer top-of-the-line appliances and look out onto the garden. 

A wide staircase leads to the parlor floor, incorporating a broad landing, 12-foot-high ceilings, and hand-carved millwork.

Both the living room and wood-paneled library feature wood-burning fireplaces. The owner’s suite incorporates a bedroom and study, both with fireplaces, as well as a massive walk-in closet and marble-clad bath.

The fourth floor has three more en suite bedrooms. The top floor includes two more spacious bedrooms with bathrooms, currently functioning as a gym and a music room, both with terraces. An elevator also graces the building.

Best of all, it’s move-in ready for a buyer with means.

“It’s in mint condition,” says listing agent Serena Boardman. “It’s bright, it’s light, it’s airy.”

The upscale residence in a desirable neighborhood is just steps to Central Park, within easy walking distance to museums, shops, and restaurants.

Serena Boardman, Juliette Janssens, and Allison B. Koffman with Sotheby’s International Realty hold the listing.



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