Tag: for sale

Not So Little Italy

Vast “Italian style” oceanfront mansion in Orange County, CA relaunched for sale for £42.7 million; it has failed to sell at prices as high as £53 million

An 18,000 square foot barn of a residence described as “the finest oceanfront home in SoCal” has been relaunched to the market this month at a price 20% lower than when it was first listed in 2013.

Built in what is somewhat ambitiously termed an “Italian palazzo style” and featuring Spanish tile roofing, five imported European fireplaces and “terrazzo flooring evoking those in The Getty Villa in Pacific Palisades”, 2585 Riviera Drive stands on an acre plot in north Laguna Beach’s private Irvine Cove community. It is one of twelve oceanside homes in a gated, 24-hour-a-day guarded community and enjoys “spectacular views” of the Pacific and access to a private beach.

Constructed to the designs of the Warner Group over a period of eight years and completed in 2010, the house offered occupies half of a larger plot owned until 2002 by Joan Irvine Smith, a woman whose family had at one time been the main landowner in the area. It features not only 5 bedroom suites and 9 bathrooms but also a screening room with bar, a 10,000 bottle wine cellar with tasting room and a 6-car garage with hydraulic lift.

Within the grounds stands a guest house that was designed to be “a scaled back replica of Philip Johnson’s Glass House in Connecticut” and a 53-foot brass and glass waterfall made from materials salvaged from a Los Angeles bank. There are also 100-year old olive trees, a rose garden and a pool with cabana and spa.

An aerial shot of the site during construction

The house today with the ocean beyond

Owned by businessman Ronald K. Loder, the founder of RKL Consulting, and his wife Yolanda, 2585 Riviera Drive is for sale with Maxine Laube of Surterre Properties. Of it, in 2013, Mr Loder remarked:

“My wife and I love traveling to Northern Italy, particularly Bellagio and the lake country, where we’ve always admired the architecture… [But] I wouldn’t want [our house] to be construed as Tuscan in any way… Even though we built an Italianate palazzo, we wanted the flavor [sic] of mid-century design around us”.

“We wanted people to know they were stepping into an oceanfront property the moment they arrived”.

The Numbers – 2585 Riviera Drive, Laguna Beach

June 2002 – Land subdivided into three plots; 2585 Riviera Drive sold for sum of $10.5 million (the equivalent of £11.1 million, $14.3 million, €12.7 million or درهم52.5 million today).

July 2013 – Placed for sale for $65 million (the equivalent of £53 million, $68.2 million, €60.5 million or درهم250.6 million today).

May 2017 – Relaunched for sale for $55 million (£42.7 million, €49 million or درهم202 million).

June 5, 2017
Mucking Up A Manor

“Grand” Grade II* listed Midlands manor for sale for just £350,000; it comes with a 49-seat cinema and several unexpected catches

Where there’s muck, there’s money and a late 18^th century Midlands manor house currently for sale for just £350,000 ($451,000, €402,000 or درهم1.65 million) provides an example of the tale of the progress and decline of industrial wealth in once Great Britain.

Built in 1757 for a family of Black Country industrialists, Wordsley Manor in Wordsley, near Stourbridge has been owned by the Firmstone family and their relatives since around 1850. A red brick built, four floor “small mansion” that extends to 7,464 square foot in total, the building has been Grade II* listed since 1976 and was expanded in the 19^th century with the addition of two service wings.

Comprising of 3 reception rooms, 7 cellar rooms, 4 bedrooms and just 1 bathroom, dilapidated Wordsley Manor is – giving explanation for its extremely low asking price – in need of complete renovation. It comes, however, with an unexpected bonus: Where bedrooms previously existed on its second floor, there is currently an art studio and a quirky 49-seat cinema with a Christie organ, box office and projection and switch rooms.

Architect Christopher Firmstone and wife Joan have been occupants of Wordsley since inheriting it in 1991. They have attempted to maintain the house but in 2011, Mr Firmstone told the Birmingham Mail:

“I took it on and sorted it out as best I could. Most people would have run a mile, but I had a real sense of attachment to it [he spent his childhood there also]”.

“I spent a bit more than I could afford on it, but I was unable to do everything that needed doing”.

In 2013, the couple followed in the footsteps of relatives who had sold off much of the surrounding land for housing in the mid 20^th century and agreed a deal with a firm of developers named David Alexander Homes. In exchange for yet another parcel of the former estate’s grounds – that was subsequently marketed rather cheesily as a residential complex named “To the Manor Bourne” – a £400,000 ($512,000, €460,000 or درهم1.88 million) payment is to be made towards the restoration of Wordsley Manor.

In their sales brochure, agents The Lee, Shaw Partnership state: “Best and final offers must be made for Wordsley Manor by 5.30pm on Tuesday 27^th June”. They add: “Only cash purchasers” need apply.

May 30, 2017
Wealthy in Wiltshire

Classically proportioned Wiltshire village house for sale; it’ll supposedly appeal to “your typical wealthy Briton” (whatever that might mean)

Primarily built between 1620 and 1760, a classically proportioned four-storey house in the Wiltshire village of Seend has been placed on the market this week for £4.5 million ($5.8 million, €5.2 million or درهم21.2 million).

Of ashlar and rendered stone construction and built for Mary, Dowager Duchess of Somerset in 1760, Seend Park (or ‘Seend Green House’ as it was previously known) was owned by the now retired judge Sir Mathew Thorpe from 1971 and since 1990 by its current owners. It has been Grade II listed since 1962 and was somewhat unkindly described by the architectural scholar Sir Nikolaus Pevsner CBE FBA (1902 – 1983) as: “So absolutely plain… that it looks like an institution”.

The main house, which has been modernised in recent years and extends to 11,357 square foot, includes 4 reception rooms, 11 bedrooms and 5 bathrooms. It has many original features and in addition there is a 4 bedroom, 1,994 square foot lodge and a 3,630 square foot coach house within the property’s 26.4-acre grounds.

Of the pint-sized mini estate, James Mackenzie of selling agents Strutt & Parker told The Times: “Architecturally, the house will attract your typical wealthy Briton”.

May 27, 2017
Anything But A Steel

Renovated Pacific Heights, San Francisco residence with Danielle Steel as a neighbour for sale for sum 652% higher than it sold for in 1994

A buyer wishing to live just to the north of Danielle Steel’s architecturally striking ‘Spreckels Mansion’ home can now purchase 1994 Jackson Street in San Francisco’s Pacific Heights.

For sale with agent Malin Giddings, the 5,490 square foot, 4-storey detached house offered includes not only 4 reception rooms, 4 bedrooms and 6 bathrooms, but also a bar, wine room, exercise room, elevator and barbecue. It comes with a 2-car garage, two balconies and a garden and is curiously described as having a “re-scripted aesthetic” that “caters to the 21^st century family while incorporating the best finishes of yesterday and today”.

Built in 1940 and completely reconfigured by Ken Fulk – an “incredible… sprightly… design guru” with a client list ranging from Napster’s Sean Parker to Bebo’s Michael and Xochi Birch, according to Vanity Fair – £8.40 million ($10.75 million, €9.62 million or درهم39.50 million) is sought for the house.

Indicative of the sharp rise in prices in the neighbourhood since it became popular with the titans of Silicon Valley, 1994 Jackson Street sold for $6.25 million in 2008 (the equivalent of $7.10 million, £5.55 million, €6.35 million or درهم26.09 million today) and $1.43 million in 1994 (the equivalent of $2.36 million, £1.84 million, €2.11 million or درهم8.67 million today). Plainly, now, this is a house that’s anything but a steal.

Prior to renovation – 1994 Jackson Street, Pacific Heights, San Francisco, California, CA 94109, United States of America as it was presented when sold in 2008

1994 Jackson Street today

The house is set just beneath Danielle Steele’s ‘Spreckels Mansion’ (2080 Washington Street)

Danielle Steel and her palatial home

1994 Jackson Street (viewed from the side)

The house has been made-over by San Francisco “man-about-town” Ken Fulk

He is famed for having designed homes for amongst others Michael and Xochi Birch

The staircase of 1994 Jackson Street

The house’s main reception space

The dining room

The kitchen

A colourfully carpeted entertaining area

A recreation room with a bar

The master suite has a bedroom area, sitting area, dressing room, balcony and bathroom

Another of the four/five bedrooms in the house

The view

A floor plan of the space

May 27, 2017
A Costly Capri

‘Refinished’ 1987 Ford Capri 280 Brooklands for sale for a sum that will wow; it’s affectionately known as ‘Oscar’

The car of choice of boy racers, the Ford Capri was dubbed ‘The Pratmobile’ by Rodney after Del Boy bought one in the BBC series Only Fools and Horses. Those that kept such vehicles, unlike the majority who sent them to be scrapped, are now having the last laugh as their prices are rocketing and an example of such comes in the form of a 1987 Capri 280 Brooklands that is to be auctioned in July.

The fastback coupé to be offered is described by Silverstone Auctions as “the best Capri Brooklands we’ve ever seen” and is affectionately known as ‘Oscar’. It has been “refinished” – not “restored” – at great expense and has just 14,680 miles on the clock.

The car will be sold with an estimate of £35,000 to £45,000 ($44,800 to $57,600, €40,100 to €51,500 or درهم164,700 to درهم211,700) at Silverstone Auctions’ 29^th to 30^th July sale.

May 27, 2017
An Epic Estate

Scottish sporting estate, once home to Sir Walter Scott, for sale; it comes with nearly two miles of fishing on the River Tweed, 863 acres of land and seven houses

The Scottish estate where Sir Walter Scott, Bt. (1771 – 1732) wrote his narrative poems Lay of the Minstrel and The Lady of the Lake and his epic, Marmion, has recently been placed for sale for £5.5 million ($7.1 million, €6.4 million or درهم26.2 million).

Offered by Savills and leased by the novelist, playwright and poet from 1804 to 1812, Ashiestiel House in Selkirkshire stands above in 863 acres above the River Tweed and is 35 miles from the centre of Edinburgh. It comes with six further dwellings, 1¾ miles of salmon and sea trout fishing on the River Tweed, an in-hand stock farm, commercial forestry, a pheasant shooting, duck flighting and equestrian facilities.

Sir Walter Scott, Bt. (1771 – 1732) was the tenant of Ashiestiel for eight years prior to moving to Abbotsford, an estate he eventually expanded to some 1,000 acres

An Epic Estate – Ashiestiel, Clovenfords, Lauderdale, Selkirkshire, Scotland, TD1 3LJ, United Kingdom

Extending to 10,360 square foot and renovated in 2011, the estate’s Grade A listed main residence includes 5 reception rooms, 9 bedrooms and 7 bathrooms. It dates to the 17^th century and amongst its features are a peel tower and space described as suitable for entertaining “on a grand scale”.

Ashiestiel was last placed on the market – with just 24 acres of land and its two gate lodges – for £1.75 million in 2009 (the equivalent of £2.15 million, $2.79 million, €2.48 million or درهم10.26 million today). At the time, then owner and joint master of the Buccleuch hunt, Robert Claydon, told The Telegraph:

“I’ve come back from cubbing and caught a salmon at the end of the garden. It’s very wild countryside – south of us you won’t hit a road for 10 miles. It was the best move we ever made coming here. We escaped the rat race – people understand the countryside up here”.

May 25, 2017
Belgravia in Bloom

Grand Belgravia apartment – complete with a garden that wouldn’t look out of place at the Chelsea Flower Show – for sale

As thousands of garden lovers visit the Chelsea Flower Show this week, an individual with £8.95 million ($11.63 million, €10.39 million or درهم42.71 million) to spare could acquire a more permanent horticultural delight in the form of a ground and basement maisonette in nearby Belgravia.

Flat 1 at 57 Eaton Place provides not only 3,497 square foot – with 3 reception rooms, 3 bedroom suites and staff accommodation – but also a courtyard and terrace garden that selling agent Louise Hewlett describes as giving a “country outlook in an urban Belgravia traditional white stucco building”.

The flat is held on a lease of 108 years and a service charge of £11,689 ($15,187, €13,577 or درهم55,771) is payable annually.

May 23, 2017
Making a Manor

Refurbished Surrey manor house with connections to Detmar Blow and Gertrude Jekyll for sale for £2.55 million

Reduced in price by £200,000 since when it was previously on the market in June 2015, a Surrey manor house is again for sale – but this time for £2.55 million ($3.32 million, €2.96 million or درهم12.20 million).

First mentioned in association with Robert de Upbroke in 1282, Osbrooks at Capel, near Dorking was built as a hall and smoke bay house in the 15^th and 16^th centuries. Subsequently redeveloped in the 17^th century and then extended by Detmar Blow (1867 – 1939) – an architect, contemporary of Edwin Lutyens and disciple of John Ruskin – in the arts and crafts style in the early 20^th century. The building was given Grade II listed status in November 1966 and more recently had a swimming pool, gym and garaging added.

Osbrooks in 1890

Osbrooks today (with 20th century extension to left)

Standing in 14 acres of gardens and grounds designed by amongst others the especially prolific Gertrude Jekyll (1843 – 1932), Osbrooks now provides 4,987 square foot and features 4 reception rooms, a bar, 8 bedrooms and 5 bathrooms. It includes such details as oak joinery, leaded windows and tall, diagonal chimney stacks and could very easily be used as a location in a Midsomer Murders or Miss Marple murder mystery television drama.

Of the property, in April, John Fisher of selling agents Sotheby’s International Realty told The Times: “It could be a house for entertaining as well as comfortable living. It has all the space you could require, as well as proximity to good schools”.

An adjoining 4-acre plot with stabling and planning permission for a 1,959 square foot, single storey dwelling is also available through Sotheby’s. It is offered for £450,000 ($586,000, €523,000 or درهم2.2 million).

May 22, 2017
Faded Grandeur

Knightsbridge flat for sale for £3.75 million in spite of needing complete renovation and having a lease with just 9 years remaining

A lateral flat – with an interior that could be described as ‘Miss Havisham-esque’ in terms of its faded grandeur – at 16/17 Ennismore Gardens, SW7 has gone on sale for £3.75 million ($4.89 million, €4.36 million or درهم17.96 million).

Comprising of a first floor balcony flat of 3,111 square foot and a fifth floor staff or guest flat of 488 square foot, the 3,559 square foot property offered has a total of 3 reception rooms, 3 bedrooms and 3 bathrooms. It is within a Grade II listed building and described by selling agents Hobart Slater as being “potentially one of the finest apartments in Ennismore Gardens”.

The catch? There are just nine years left on the lease and though this could be extended, purchased at asking price it effectively equates to a cost of £417,000 per year ($544,000, €485,000 or درهم2 million per year). A further expense comes in the form of a service charge of £17,672 per year ($23,033, €20,554 or درهم84,641 per year) also.

May 20, 2017
Basement It Like Beckham

Former Algerian Embassy in Holland Park for sale for £30 million; the detached stucco house needs complete renovation and counts David and Victoria Beckham as neighbours

The former Embassy of the People’s Democratic Republic of Algeria in Holland Park, W11 has just been placed for sale for the sum of £30 million ($39.1 million, €34.9 million or درهم143.7 million).

Offered by estate agent Anthony Sharp, the 9,490 square foot, Grade II listed detached stucco house includes accommodation over five floors and was built in 1862. One of remaining Italianate villas designed by brothers Francis and William Radford, 54 Holland Park is described as being “in need of full modernisation” and as having “scope to create a magnificent family home”.

The buyer will count David and Victoria Beckham as near neighbours. They paid £31.5 million ($41.1 million, €36.6 million or درهم150.9 million) for 23 Holland Park in 2013 and finally took up residence there in July 2016 after completing an £8 million ($10.4 million, €9.3 million or درهم38.3 million) renovation that included, amongst other things, a vast subterranean redevelopment.

May 20, 2017