Real Estate

Subterms

    More stories

    • 150 Shares169 Views

      in Luxury

      Golf Great Greg Norman Lists His 12,000-Acre Colorado Ranch for $40 Million

      by

      The Shark is getting serious. Golf legend and serial entrepreneur Greg Norman is now laser-focused on selling his treasured 12,000-acre Colorado spread, Seven Lakes Ranch.
      Originally listed for $55 million as far back as 2011, and after excursions on and off the market ever since, the price is now down to a nice, round $40 million.

      “That original price was to say to any prospective buyer, ‘Hey, if you want it at that level, great. If not, that’s fine with me,’ But now it’s time. Time to move on,” the 65-year-old World Golf Hall of Famer tells Robb Report.

      He’s just re-listed it with Colorado big-ranch specialists Hall and Hall, and tasked the realtor’s big gun, Hall and Hall director and partner Brian Smith, with finding a buyer.
      “I’ve had a place in Colorado for 20 years. Had Seven Lakes since 2004. It’s been an amazing property for all the family to enjoy. And we really have made use of it. But now it’s a case of been there, done that. It’s time for someone else to enjoy it.”
      Norman, whose primary residence is in Jupiter, Fla., says he fell in love with Colorado’s Meeker Valley, 90 miles from Steamboat Springs, back in the late 1990s when he was commissioned to design a golf course in the area.
      While he ended up convincing the developer not to go ahead, he connected with the region so much he bought the 8,350-acre Dry Creek Ranch. Soon after, he expanded the property by acquiring the neighboring 3,000-acre Pollard Ranch.
      Greg Norman’s Colorado ranch.  Photo: Shawn O’Connor Photography

      And when billionaire investor Henry Kravis, cofounder of KKR & Co. decided to sell his adjoining 244-acre spread in 2004, Norman didn’t hesitate, acquiring the land along with its massive 14,000-square-foot stone-and-log lodge.
      Since then the combined 11,900-acre Seven Lakes Ranch has been a year-round escape for Norman, his wife Kristen, and the ever-expanding Norman family.
      The dining room.  Photo: Shawn O’Connor Photography

      “Ten years ago, we started spending the entire summer out there. Then we’d go back in the winter. Now it’s probably 10 or 11 weeks a year,” says the golfer and CEO of The Greg Norman Company, which has 13 divisions and interests from sports clothing to fine wine to Wagyu beef jerky.
      There’s enough room for the extended family.  Photo: Shawn O’Connor Photography

      The big appeal? The setting. Located in the White River Valley of Colorado’s Flat Tops Mountains, the ranch is a mecca for outdoor pursuits. From trout fishing in the two miles of the White River that runs through the property, to hiking and biking along the 80-or-so miles of trails and roads, to horse riding, clay shooting and hunting.

      The cowboy saloon.  Photo: Shawn O’Connor Photography

      “My wife and I love to ride horses, doing trail rides for three or four days at a time, and camping overnight. I grew up in the Australian Outback so I’ve always had an affinity with the outdoors.”
      The kids’ bunk room.  Photo: Shawn O’Connor Photography

      The sprawling lakefront lodge has eight guest suites, a huge great room with a 30-foot-high vaulted ceiling and towering stone fireplace, a kitschy cowboy saloon and dance hall, a movie screening room with horse saddles for seats and a commercial-grade kitchen.
      A bedroom in the log-built part of the lodge.  Photo: Shawn O’Connor Photography

      Built in 1993 by Gordon Pierce, of Resort Design Architects who helped design Vail Village, the massive structure used more than 500 logs in its construction, each up to 45-feet in length and trucked in from Montana.
      One of eight bedrooms.  Photo: Shawn O’Connor Photography

      When Kravis owned it, it had been used as a high-end sportsman’s retreat with room rates going for as much as $15,000 per week.
      Greg Norman and wife Kristen love to ride.  Photo: Shawn O’Connor Photography

      “We did think about using it as a business venture,” Norman says. “With all its outdoor activities, it really would make a terrific executive retreat. But family use always came first.”
      The massive screened-in deck.  Photo: Shawn O’Connor Photography

      One of several outbuildings on the property.  Photo: Shawn O’Connor Photography More

    • 175 Shares169 Views

      in Luxury

      Home of the Week: Brigitte Bardot’s Former French Riviera Retreat Lists for $6.5 Million

      by

      When sultry French actor and model Brigitte Bardot split from her film director husband Roger Vadim in 1957, she needed a sanctuary to escape the paparazzi.
      The then 24-year-old found it at Le Castelet, a villa on the Côte d’Azur, up in the hills behind Cannes, with views of the earthy-red Esterél Mountains and the blue, blue Mediterranean.

      Legend has it that she planned to buy the estate and call it home. That was until Bardot’s mother persuaded her to buy a less expensive villa “with a foot in the sea” in a sleepy fishing village called St. Tropez. The rest, as they say, is history.

      Now the owner of Le Castelet, Swedish economist Bi Puranen, is selling the estate for $6.48 million after running it as a boutique hotel—weekly high-season rates start at $15,000—after acquiring it 22 years ago.
      “Brigitte Bardot came to stay at Le Castelet in the spring of 1958, to the enjoyment of many young boys in the village,” explains Puranen in the hotel’s brochure. “One neighbor told us they climbed trees and walls along the alley to get a glimpse of the film star by the pool.” Maybe that’s another reason she sought out a different villa in once-sleepy St. Tropez.
      The guest villa and pool.  Photo: Courtesy of Christie’s International Real Estate

      Perched on a 1.46-acre hillside bluff a short croissant run from the quaint Provençal village of Peymeinade, the estate features a 6,458-square-foot, eight-bedroom main house and a separate five-bedroom guest house.
      Within its tall stone perimeter walls, the estate has two swimming pools, three vineyards, an olive grove, artist’s studio, boules court and a traditional bastide stone tower. Plus a massive poolside terrace with a table big enough to host 60 guests for dinner.
      The salon.  Photo: Courtesy of Christie’s International Real Estate

      While the main buildings date back to the 1800s, parts of the stone walls are from the 1200s. After “rescuing” the estate in 1998, Puranen spent more than 13 years restoring and modernizing the rambling, now air-conditioned, property while preserving its historic character.
      The covered terrace dining and lounge area.  Photo: Courtesy of Christie’s International Real Estate

      Inside the four-story main house, with its barrel-tile roof, exposed stonework, copper gutters and traditional jalousie shutters, it’s all rough-hewn beams, white plaster and stonework. The main living area has 12-foot ceilings, features a Louis XIV fireplace, ornate wrought-iron staircase and towering arched glass doors leading out on to a terrace.

      Views stretch to the sea from the master suite.  Photo: Courtesy of Christie’s International Real Estate

      The rustic country kitchen blends old with new, combining a state-of-the-art Le Cornue range with wall tiles from medieval Châteauneuf-du-Pape.
      The tower’s staircase to the master suite.  Photo: Courtesy of Christie’s International Real Estate

      A staircase inside that circular tower leads up to the second floor with its charming master suite. It comes with an adjoining library, a bathroom with ancient handmade tiles from Avignon and glass doors leading out on to a private terrace.
      But it’s the grounds of Le Castelet that set the property apart. Two tiers of enormous stone decks are perfect for al fresco entertaining.
      The upper deck, where Bardot basked in the sun, now features a serene Japanese reflection pool. Elegant stone steps lead down to a recently-added 75-foot-long infinity pool with underwater speakers.
      Another of the villa’s 13 bedrooms.  Photo: Courtesy of Christie’s International Real Estate

      On this deck are two huge covered loggias with an outdoor kitchen and pizza oven, along with a 150-inch drop-down screen—perfect for showing Bardot’s And God Created Woman, a 1956 classic.   
      The separate five-bedroom guest house has its own 60-foot heated pool. Tucked out of sight is a stone cabanon, or cabin. With its fireplace, Bang & Olufsen sound system and comfy sofa, it makes the perfect hideaway for that sunset glass of wine.
      Another living room.  Photo: Courtesy of Christie’s International Real Estate

      From here you can gaze out over the three vineyards growing Shiraz, Merlot, Cabernet Sauvignon and the local Mourvedre grapes.  Or across to the ancient olive grove with more than 100 trees.
      As for the location, Le Castelet is a 35-minute drive from Cannes.
      Michaël Zingraf Real Estate, part of Christie’s International, holds the listing. More

    • 163 Shares169 Views

      in Luxury

      Jennifer Lopez and Alex Rodriguez Just Bought a $1.4 Million Home in Encino

      by

      Though they need another house like a pigeon needs dance classes, records reveal showbiz power couple Jennifer Lopez and Alex Rodriguez have just paid nearly $1.4 million for a property in L.A.’s San Fernando Valley enclave of Encino, the once-overlooked neighborhood that’s recently seen a massive surge in popularity with suburban-minded celebrities. (Deeds and documents suggest the home in question was purchased, technically speaking, solely by Lopez.)
      While the self-proclaimed real estate lovers have differing design aesthetics — “[Alex] is more on the modern, masculine side,” according to Lopez, while the “Hustlers” star strays closer to traditional — they’ll both appreciate this home’s decor, which offers an appealing blend of contemporary and retro furnishings in a midcentury ranch-style layout.

      J.Lo and A-Rod’s new residential acquisition spans a relatively modest 2,200 square feet and is far more humble than the couple’s many other houses, suggesting it was either purchased for a lucky relative or as an investment. Built in 1948 and since extensively renovated, the red tile-roofed structure is of indeterminate architectural heritage but includes modern amenities aplenty.
      The home’s spacious, modern bathroom.  Courtesy of Realtor.com

      There’s cream-colored stucco on the single-story home’s exterior walls, while the front door opens into a vast combo living/dining room with wide-plank hardwood floors, pure white walls and recessed LED lighting. The dining side of the room sports a vaulted wood ceiling that’s stained a deep charcoal color for contrast, as does the den, which includes a fireplace with wooden mantle.
      Installed this year, the all-new open kitchen features ash grey cabinets, a center island and medium-grade stainless appliances. French doors connect the kitchen directly to a covered patio, where there’s plenty of space for an alfresco living or dining room and views of the detached garage, accessed via a discreet gated driveway on the property’s backside. Tucked behind the garage is a hidden — and unpermitted — 200 sq. ft. office, perfect for privacy while working from home.
      The house also offers two guest bedrooms that together share a large guest bathroom, plus a master retreat with dual closets, one of them a walk-in situation. A freshly renovated bath contains dual vanities, soaking tub and glass-enclosed shower.

      One of the home’s airy bedrooms.  Courtesy of Realtor.com

      Outdoors, the .13-acre corner lot property is landscaped simply, with a handful of drought-tolerant plantings and faux grass for carefree maintenance, while the desirable location means the house is just a quick jaunt to a wide variety of Valley restaurants and shopping destinations.
      Besides their new Encino cottage, Lopez and Rodriguez continue to maintain a very A-list collection of prime real estate that includes a gorgeous compound in Bel Air — purchased by Lopez for $28 million — a Hamptons estate, a $20 million penthouse in Manhattan’s NoMad neighborhood, and a fixer-upper oceanfront home in Malibu the couple bought from Jeremy Piven in 2018 and later hired HGTV star Joanna Gaines to renovate. And A-Rod still owns his spectacular Miami mansion, a custom-built Coral Gables contemporary that was photographed in 2017 for Architectural Digest.
      Tim Gavin of Keller Williams held the listing; Carl Gambino of Compass repped Lopez. See more photos of the home below:
      Courtesy of Realtor.com

      Courtesy of Realtor.com

      Courtesy of Realtor.com

      Courtesy of Realtor.com More

    • 138 Shares99 Views

      in Vacation Homes

      13 Spectacular Hamptons Summer Houses That Are Still Available to Rent

      by

      Courtesy of Douglas Elliman New Yorkers, anxious at the best of times, are having an especially angst-ridden year. For those free from health or employment woes, What-To-Do-About-Summer has been a mounting source of anxiety—especially for working parents facing months without camps or nannies. The classic Hamptons rental season, bookended by the Memorial and Labor Day […] More

    • 213 Shares129 Views

      in Luxury

      Home of the Week: Inside The Weeknd’s Gorgeous $25 Million LA Mansion and Its Neon-Lit Car Garage

      by

      You could call it the ultimate Weeknd getaway. Nestled in the celebrity enclave of Hidden Hills, north of the Los Angeles sprawl, this sleek, farmhouse-style mansion has been home to Canadian music sensation Abel Tesfaye, better known as The Weeknd, for the past three years. Tesfaye, 30, who was featured on the cover of Forbes […] More

    • 113 Shares189 Views

      in Luxury

      Inside David Geffen’s New $65 Million Beverly Hills Compound

      by

      Fresh off selling his legendary Beverly Hills estate to Jeff Bezos for a California record $165 million, multibillionaire mogul David Geffen has opted to downsize his living circumstances, in a manner of speaking, by purchasing a nearby compound that also boasts Old Hollywood ties. The Los Angeles Times first reported rumors of the impending transaction, and now sources say the deal […] More