While Knight Frank reported a slowdown in global super-prime residential sales (properties over $10 million) in Q3 2023, 2024 has witnessed a significant number of record-breaking transactions and listings in the high-end market. Hyperloop Capital Insights explores some of the most noteworthy examples.
Table Content:
- Aston Martin Residences, Miami: A $21 Million Waterfront Icon
- Domaine de Vignette, St. Barthelemy: A $59 Million Caribbean Paradise
- Belgravia, London: A £65 Million Townhouse Near Hyde Park
- La Dune, Long Island: An $88.5 Million Hamptons Estate
- Aspen, Colorado: A $108 Million Mountain Retreat
- Casa Grande, California: A $150 Million Work in Progress
- One Hyde Park, London: Britain’s Priciest Home at £175 Million
Aston Martin Residences, Miami: A $21 Million Waterfront Icon
The sale of the final Sky Penthouse in the 66-story Aston Martin Residences in February marked a milestone, becoming downtown Miami’s most expensive property ever sold. This 9,573 square-foot branded residence epitomizes luxury with four bedrooms, seven bathrooms, staff quarters, a gym, and an indoor pool. A sprawling outdoor terrace and access to four floors of amenities, including cinemas, a boxing gym, and a virtual golf room, complete the opulent lifestyle. The penthouse also included a bespoke Aston Martin DBX supercar. The sale was facilitated by David Rocca at The Agency.
Domaine de Vignette, St. Barthelemy: A $59 Million Caribbean Paradise
Currently the most expensive listing in St. Barthelemy, Domaine de Vignette offers unparalleled seclusion. This hillside compound overlooks the pristine Colombier beach, accessible only by foot or boat. Nine bungalows and lush gardens surround a central pool deck, lounge, and bar, boasting panoramic ocean and island views. A recent multimillion-dollar renovation by renowned interior designer Rémi Tessier further enhances the property’s allure. The listing is handled by Sibarth Real Estate, an affiliate of Christie’s International Real Estate.
Belgravia, London: A £65 Million Townhouse Near Hyde Park
A grand period townhouse near Hyde Park and Harrods, sold for £65 million, represents the most expensive property sold on Zoopla in the past year. Located on Grosvenor Crescent, one of the UK’s most expensive streets, this meticulously renovated and fully interior-designed property features six ensuite bedrooms, elegant reception rooms, a formal dining room, a chef’s kitchen, and a spa.
La Dune, Long Island: An $88.5 Million Hamptons Estate
Sold at auction for $88.5 million, La Dune, a sprawling seaside estate in the Hamptons, was once listed for $150 million. This iconic property comprises two oceanfront mansions, one built in 1892 and the other in 2001, situated on four acres with 400 feet of beachfront. The estate, recognizable from Woody Allen’s film Interiors, was sold via Concierge Auctions.
Aspen, Colorado: A $108 Million Mountain Retreat
A 22,400 square-foot mansion in Aspen sold for $108 million, becoming the first property in Colorado to surpass the $100 million mark. Located in the exclusive Red Mountain neighborhood, this 11-bedroom, 17-bathroom home offers breathtaking mountain views. The sale, reportedly conducted in cash, was facilitated by Riley Warwick of Douglas Elliman Real Estate.
Casa Grande, California: A $150 Million Work in Progress
Carrying California’s highest price tag, Casa Grande is a 42-acre mixed-use estate currently under development. Upon completion, it will feature a 38,000 square-foot mansion with panoramic ocean and mountain views, guest and staff accommodations, a barn, and stabling for horses. Existing structures include three apartments, offices, and storage facilities, along with a working avocado farm and a citrus grove, with the potential for an agave business. The property is listed by John Stanaland and David Stoll of Douglas Elliman.
One Hyde Park, London: Britain’s Priciest Home at £175 Million
The most expensive property currently listed in the UK is a duplex penthouse at One Hyde Park, priced at £175 million. This 18,000 square-foot residence, overlooking Hyde Park, features a double-height reception room, expansive terraces, five ensuite bedrooms, a cocktail bar, a cinema, two studies, a spa, and a staff suite. Residents enjoy bespoke services managed by the Mandarin Oriental Hotel Group. The listing is handled by Becky Fatemi of Sotheby’s International Realty and JamesEdition.
In conclusion, despite a reported slowdown in the broader super-prime market, these extraordinary properties demonstrate the continued demand for exceptional luxury real estate in key global locations. Hyperloop Capital Insights will continue to monitor these trends and provide insightful analysis of the luxury real estate market.
