Misc.

Sotheby’s & Concierge, Above & Beyond America’s Most Expensive & Largest Residence

Buying real estate in the modern era now seems to be handled online rather than in-person. That is not entirely true of course, and high-end mansions and special properties with multi-million price tags still require much more hands on efforts by the real estate agents and the buyers. Or is that all history now?

Concierge Auctions is now part of Sotheby’s and the group introduces buyers to some of the most luxurious homes across the United States. Their buyers are said to include 775,000 contacts that also include 3,500 billionaires and 13,500 private clients. How fitting would it be that they list some of the top mega-mansions in the country (and the world)?

The March Collection represents a pulse on high-end real estate, whether these homes are being purchased for residences or for investment. And then some… And beyond multi-million homes, there is even a mega-yacht that can be purchased. You wouldn’t expect the owners of these homes to ride on a small vessel would you?

THE ONE.. IT REALLY IS!

One of these mansions is a mega-mansion for those who can literally afford whatever they want. In fact, ” The One, Bel Air, CA” is in the auction and it is touted as “America’s Most Expensive & Largest Residence.” The current bid was $60,000,000 (USD) with 1 day remaining. An initial bid of $50,000,000 came on February 28 when bidding opened, and the property is listed for $298,000,000 with no reserve. (Image below by ConciergeAuctions)

The One Bel Air

It is impossible for most people to understand what it’s like having more than 100,000 square feet in a home. Should a property take 10 years to complete? Here are the details:

“Paradise beyond compare awaits in “The One”, a masterpiece of an estate that truly redefines luxury. This 105,000-square-foot work of art appears to float above the very city of Los Angeles itself, elevated for maximum panoramic views and surrounded on three sides with a shimmering moat of water. Ten years in the making, The One is the largest and grandest house ever built in the urban world. A home of this magnitude will never again be built in Los Angeles, cementing The One in a class of its own.” -Concierge Auctions

Collectors Dashboard evaluates high-end collectibles as an alternative asset class. This means collectibles are attracting the same capital that could have been invested into stocks or bonds. A home would not be a collectible to many people, but this may be an entirely different situation which is only targeted at the biggest trophy collectors ever. And let’s just say that the capital for most of these homes would go above and beyond a traditional stock or bond investment.

ELSEWHERE

Here are some other incredible and unique properties to be sold this March:

  • Historic c1905 Queen Anne Estate in Seattle Washington with a current bid $4,200,000 currently listed for $7,000,000 with no reserve. Bidding opened March 1 and closes March 4.
  • Or why bother shopping at a Tiffany Co. store if you can live on top of one? A penthouse in Palm Beach, Florida sits directly on top of the Palm Beach Tiffany & Co. store. Really! This one has a current listing of $19,500,000 and an estimate of $13,000,000 to $20,000,000. Bidding opens March 10, 2022 and closes March 15, 2022.

TEXAS HILL COUNTRY MILLIONS?

For investors who have not experienced real estate in the Texas Hill Country, this should stand out above and beyond even whatever analogy you want to use about Texas. The first image of the mansion looks like it is only missing an observatory. Texas Hill Country private multi-use mansion currently listed for $3,800,000. Bidding opens on March 14, 2022, and closes March 18, 2022:

“Perched on a hilltop with panoramic views of picturesque Kerrville below, a piece of Texas history awaits its next chapter. This Renaissance Revival mansion was built in 1920, and meticulously restored to its former glory and then some by legendary Texas entrepreneur, L.D. “Brink” Brinkman. Used for decades as Brink’s company headquarters and personal museum of western art, the estate’s original roots as a ranch house still shine through its dazzling yet welcoming atmosphere. Four soaring pillars mark the symmetrical grand entry, separating a vast front terrace from the manicured walkway and grounds. Front doors open to endless marble floors in warm earth tones, soft neutral walls and high ceilings, all capped with elaborate carved mouldings that carry through each room. Beveled glass windows bathe the estate in natural light, accented by recessed lighting and exquisite chandeliers.” -Concierge Auctions

Image below by Concierge Auctions

Kerville TX Megamansion

WANT A MEGA-YACHT, TOO?

Fincantieri Shipyard, Italy titled project Y910: 120m Luxury Mega-Yacht. Bidding opened December 10, 2021, and closes March 31, 2022. The concept is unique in that it’s for a ship that hasn’t been built. Listed at 25,000,000 EUR is $27,652,012.94 USD. The current bid is 1,500,000 EUR on December 10, 2021. Here is a description of the concept of building your own mega yacht upon winning the auction lot:

“Curate your vision from shell to sun deck. Project Y910 is a rare opportunity to acquire the 9th largest super yachts presently under construction and a potential to become one of the 40 largest super yachts in the world, and design it to your taste in significantly less time than starting from scratch. With sustainable development at heart, this 120m luxury project “recycles” an existing ice class hull, by lengthening it, adding a complete new aluminum superstructure and a hybrid diesel electric propulsion to deliver a brand-new concept. The hull and superstructure are all but finished, and what remains is the luxurious interior and deck amenities to your specifications, including the possibility of up to 18 staterooms and all common areas. Whether you dream of designing the ultimate expedition yacht, research vessel, one-of-a-kind floating residence, or an opulent charter experience, a team of architects, engineers, and designers are available to help you make that dream a reality.” -Concierge Auctions

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Image To Use: https://www.conciergeauctions.com/auctions/944-airole-way-los-angeles-california