Tag

Luxury Homes

All articles tagged with #luxury homes

real-estate1 day ago

East Hampton Megamansion Sells for About $85M, Woven in Fitzgerald and Kennedy Lore

A 3.6-acre East Hampton estate on Dune Road, known as Dune Cottage, with a 14,000-square-foot main house, a two-bedroom guest house, 225 feet of ocean frontage and a dune-top setting, went under contract for about $84.9 million (roughly $85 million) after being listed for $120 million in 2024. The property, tied to F. Scott Fitzgerald and Sara Murphy and once connected to Jacqueline Kennedy Onassis’s sister Lee Radziwill, was rebuilt by Ann Tenenbaum and late Thomas H. Lee following a 2013 fire, marking a notable sale in the Hamptons luxury real estate market.

real-estate19 days ago

Required Salaries to Afford Living in America's Top 10 Costliest Cities

The article discusses the 10 most expensive ZIP codes in the U.S., highlighting that these areas, often oceanfront and gated, command multimillion-dollar estates. Newport Coast, California, is the most expensive, with a median listing price of $11.8 million and an estimated required income of over $2.3 million to afford a home there, based on the 30% rule. These markets attract ultra-wealthy buyers, often purchasing with cash, and are driven by scarcity, privacy, and proximity to major economic hubs.

entertainment4 months ago

Catherine Zeta-Jones Defends Her Four-Home Portfolio as 'Not Excessive'

Catherine Zeta-Jones and Michael Douglas own four homes, including properties in New York, Bermuda, and Quebec, valued at around $30 million, which she claims is not excessive. Despite her modest claim, the combined value significantly exceeds the median income in New York, highlighting their substantial wealth, partly inherited and partly earned.

real-estate1 year ago

Laurene Powell Jobs Sets Record with $70M San Francisco Mansion Purchase

Laurene Powell Jobs has set a new record in San Francisco by purchasing a mansion in Pacific Heights for $70 million, surpassing the previous record of $43.5 million. This acquisition follows her recent $94 million purchase of a Malibu estate. The mansion, originally bought for $33 million in 2011, offers views of San Francisco Bay, the Golden Gate Bridge, and Alcatraz Island. Powell Jobs, with a net worth of $11.4 billion, continues to expand her real estate portfolio.