Estate of the Day Year-End Wrap-Up--August 2010
A look at August's homes brings the return of a few old favorites including Crantzdorf Castle, a magnificent Tennessee folly still showing up with a price of $19.5 million. Another home I've looked at a few times, a wood-and-stone contemporary in Alpine, New Jersey, actually had a price increase, from $10 million to $11 million, a gutsy move in regards to a home that has been on the market for around five years.
This is also a month for Montecito price drops. One estate, a car collector's dream pavilion went from $35 million to $38.5 million and another home, the Robert Webb project in Montecito's Golden Quadrangle saw a $10 million price cut.
Fair Acres Quoque, New York
Status: Price reduced from $8.25 million to $6.5 million.
Alpine Contemporary, Alpine, New Jersey
Price raised from $10 million to $11 million.
235 West 71 Street New York, New York
Status: Price reduced from $13.5 million to $10.5 million.
Crantzdorf Castle, Tennessee
Status: Still listed at $19.5 million.
High Living in Low Country Kiawah Island
Status: Still listed on real estate agent's website.
34 Devonshire Place, Marylebone, London, England
Status: Sold or off the market
Villalenda de Avila, Tampa, Florida
Status: Still listed at $11 million.
Webb Project in Santa Barbara, California
Status: Price reduced from $42.5 million to $32.5 million.
Car Collector's Dream House, Montecito, California
Status: Priced reduced from $35 million to $28.5 million.
Castello Sul Lago, Spicewood, Texas
Status still listed at $9.8 million.
Harris Mansion, Brookville, New York
Status: Price reduced from $12.9 million to $11.9 million.
Whitefish Mountain, Montana
Status: Priced reduced from $20 million to $18 million.
The Compound on the Ridge, Aspen, Colorado
Status: Still listed at $35 million.
Uphill Farm, Woodstock, Vermont
Status: Still listed at $12 million.
Malcolm Forbes Ranch, Jackson Hole, Wyoming
Status: Still listed at $12 million.
South Ocean, Palm Beach, Florida
Status: Still listed at $42.5 million
Edina, Minnesota
Status: Still listed at $4.795 million
Severn, Lattingtown, New York
Status: Still listed at $5.95 million.
El Contento, Los Angeles, California
Status sold for $952,000.
The Gaillard-Bennett Home, Charleston, South Carolina
Status: Still listed at $13 million.
Pelham Place, Los Angeles, California
Status: Sold or off the market
First Street, New Orleans, Louisiana
Still listed at $2.397 million.
Rice Mountain, Walpole, New Hampshire
Still listed at $5.3 million
Kennet Pike, Wilimington, Delaware
Status: Still listed at $3.95 million.
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Reader Comments (Page 1 of 1)
Nancy Dec 31st 2010 5:44PM
The castle burned to the ground, wel almost, two years ago. How well it was rebuilt to maintain that price is to be seen.
Lois R. Dec 31st 2010 8:55PM
The castle is cold, no warmth in the decor or design. And with all that, no library!. Even the Beast's castle had a library! Other rooms veer from the gaudy to the utilitarian. I wouldn't live there if someone gave it to me. I might take it as a gift to sell it at half the price and rebuild something warm and beautiful.
Keglera Jan 1st 2011 4:21PM
oh I think I'll buy it tomorrow. lol
David S. Jan 1st 2011 4:07AM
It's awesome, although I am not sure who really needs it. But who knows? The rich live very different lives than the rest of us.
Bill Gast Jan 3rd 2011 11:02PM
The article by Cochran is bogus. the story she puts out is nothing different from what your local RE agent that wants a quick sale give you--price the place low and move it. WHAT?? you want 30K more than you paid for it ten years ago? No way"---at this point tell your RE agent adios and do this; Look at all the homes in your area--not just the ones that are the same size-ALL of them and look for what the price PER SQ FT IS. ??? Unreal huh? all over the map--this is because SOME RE agents will price at what you want them to earn by giving them thousands from your sale price and others --do as we mentoned--low ball the price for an easy quick sale. Do this; Establish a proper, not gteedy price for the property and talk, call, write all the other residents that are listing their homes to do the same--estab lish a UNIFORM sq. price for the area and stick to it. This takes care of your new agent telling you--"you can't sell for that price--no one will buy" Well then sweetheart, no one will buy any of the homes in this area because they are all priced at that price per sq. Ft. IT WORKS--BELIEVE ME!!
qq4lbfm Jan 4th 2011 12:37AM
Did everybody fire their proof readers? This idiot writer shows one place dropping in price from, I believe, (I won't go back to re-read such trash) $35M to $38.5M. Should have been $28.5M. If you don't want to hire a proof reader, please hire better writers.