#Real Estate and Homes for Sale in Los Angeles

[smithandeuloorlando1]

Total So Cal Homes

Southern California real estate that is currently available for purchase on the market and may be found in a variety of price ranges.

We are overjoyed that you have decided to visit TotalSoCalHomes.com, the website that satisfies all of your requirements for real estate in Southern California in a solitary location that is simple to reach.

Make use of our cutting-edge property search, which includes an interactive map search, to locate houses in Southern California that are now up for sale and may be bought. The placement of these houses is open to pretty much any consideration, provided there is vacant land in the neighborhood Real Estate and Homes for Sale in Los Angeles We made use of the Multiple Listing Service in order to collect the most up-to-date information that was obtainable for these ads as promptly as was humanly possible.

You may also use our Community Guide as a tool to help you with your search for real estate listings in Southern California. This will be of particular assistance to you if you are looking in that region. If you are conducting your search in that area, you will find this information to be quite helpful. You are going to discover that this is of great assistance to you. If you were searching in a certain location, it's likely that the information you found could be useful to you. By utilizing our community searches, we will keep you apprised of the most recent properties that become available in the areas that are of special interest to you, and we will also keep you up to speed on the most recent properties that become available in those locations. Moreover, we will keep you informed of the most recent properties that become available in the regions that are of great interest to you. This will be performed by keeping you apprised of the most recent listings of properties that become available in the areas that have been identified in our communications with you regarding those listings.

In addition, for your personal convenience, make sure to sign up for a free account so that you may be notified via email if new houses come onto the market that are a suitable fit for the parameters you have mentioned. This will save you time in the future when searching for a house that meets your needs. This will make it possible for you to remain current on the market without requiring you to continuously check the website for new information. Because of this, it will be a lot easier for you to find a home to live that satisfies all of the standards that you have set up for yourself. You also have the option to bookmark the real estate listings that are of the most interest to you. This will enable you to gain access to those listings in a swift and easy manner at any time in the future when it becomes important for you to do so. You are free to make use of this choice anytime you feel it would be beneficial to you to do so, and in addition to being fast and simple, it is also automatic and completely devoid of any costs whatsoever Real estate in San Diego If you have an account with Property Tracker, you will be among the very first people to learn about the most recent real estate listings in Southern California. This is because Property Tracker is always being updated with fresh information. This is due to the fact that Property Tracker will send out updates whenever new properties are added to the database that it maintains. This is due to the fact that Property Tracker is always being updated with new data at predetermined time intervals. If you do this, you won't be missing out on any possibilities, as it will prevent you from missing out in the first place.

We would like to take this time to thank you for visiting TotalSoCalHomes.com, the leading online destination delivering the most exquisite real estate and customer service that is unsurpassed in the industry.

The fact that you stopped by TotalSoCalHomes.com is very much appreciated, and we would want to use this time to express our gratitude to you for doing so. We cannot express how much we appreciate your continued assistance. We are the most comprehensive online resource for real estate in the Southern California region because we cover all of the counties that make up the region, including Los Angeles County, Orange County, Santa Barbara County, Riverside County, San Bernardino County, and Ventura County. In addition, we are the most popular real estate website in the region.

Our website is kept current on a regular basis with the most recent property listings that are available to be purchased right now in the Southern California region. These listings may be found on our site. In addition to providing in-depth information on a variety of topics, such as local communities, house kinds, market trends, and more, this content may be found on our website. You can also find in-depth information on a variety of other topics. You can also get material that is very detailed on a wide range of other subjects. You are free to browse through these listings on our website at any time that is convenient for you.

We have on staff local real estate professionals who have years of experience in the industry, and we are here to assist you in making decisions that are both highly educated and beneficial to you and your family to the fullest extent that it is possible to accomplish this. We have real estate professionals on staff who have years of experience in the industry. We are able to provide support to you no matter what stage of the process you are in, whether you have just started your search, are thinking about selling your property in Southern California, or are prepared to make an offer on a house. We are here to assist you at every stage of the home-buying process, whether you are just starting your search, are considering selling your property in Southern California, or are ready to make an offer. If you are just starting your search, if you are thinking about selling your home in Southern California, or if you are at the point where you are ready to make an offer on a house, we are here to assist you through every stage of the home-buying process.

[loveinthakut]

California Land Development Giants

California Land Development Giants

When it comes to California land development, Design Everest is said to be “a true One-stop solution for Land Developers” as far as land development firms go, that is.  Design Everest has orchestrated over 5,000 residential and commercial projects, totaling sums of over $500 million annually in construction through  their remote delivery method.  They produce projects for industry partners and…

[orionhousingsposts]

Navigating Los Angeles Apartments – Your Guide to Inexpensive Living

Los Angeles, the City of Angels, is known for its vibrant culture, entertainment industry, and diverse neighborhoods. Finding the perfect apartment in such a sprawling metropolis can be a daunting task. Whether you’re a student, a low-income family, or someone looking for an inexpensive place to call home, this guide aims to help you navigate the rental market in Los Angeles. With insights into the best realtor companies, real estate agencies in California, and tips for finding low-income rental homes and student apartments, this post covers everything you need to know.

[laluxuryhouses]

[valeriefitzgeraldus]

What to Consider Before Investing In Luxury Real Estate?

Luxury real estate in Los Angeles has always been regarded as a comparatively secure investment, be it your main abode, a holiday retreat, or a property for investment purposes. Should you possess the financial means to invest, it might be worthwhile to diversify your portfolio by venturing into the realm of luxury real estate.

How Much Does Luxury Real Estate Cost?

If you see ‘Brentwood Luxury Homes for Sale’ you will find the prices can vary depending on the market. In some areas where prices are generally lower, you can find luxury properties for as little as half a million dollars. However, in most metropolitan areas, you would need well over $1 million to purchase a luxury property, and the entry price point only goes up from there. According to a report from April 2022, the average asking price for luxury homes in New York City was $8.96 million. To give you an idea of the upper end of the spectrum, the most expensive residential real estate sale in Manhattan in 2021 was a pair of condos on adjoining floors that sold for a staggering $157 million.

Tips for Investing in Luxury Real Estate

If you're considering investing in luxury real estate, there are a few important factors to keep in mind before diving in:

Identify Your Goals

It's crucial to determine what you hope to achieve with your investment. Whether you're looking for a quick profit through flipping or long-term income through renting out a luxury apartment or vacation home, understanding your goals will help guide your decision-making process.

Figure Out Financing

While having cash on hand may seem like the best option, it's not always the most suitable choice. Depending on your investment strategy, exploring financing options like hard money loans for short-term projects can be more appropriate.

Choose the Right Market

Before investing in an expensive property, thoroughly research the market to ensure it aligns with your investment plans. Consider factors such as the job market, cost of living, median household incomes, and the area's economic outlook. If you plan to rent out the property, also analyze the year-round and peak-season traffic to gauge its rental potential.

Wrapping Up

Investing in luxury real estate in Los Angeles offers a unique and tangible investment opportunity compared to securities. Additionally, you have the option to live on the property if you desire. Whether it's building a custom home, purchasing a prime vacation property, or renovating a high-end fixer-upper, there are various avenues to enter the luxury real estate market.

[realestateagentatrodeorealty]

Best Realtor of Granada Hills

Blayne Pacelli is a best Granada Hills realtor, CA. Explore the homes with the Newest Listings that are currently for sale in Granada Hills, CA, where the average value of homes with the Newest Listings is $799,000. Visit our website and browse house photos, view details, check walk scores, and much more.

[hometoursandotherstuff]

Mostly unattractive, dirty, coked-out house is for sale in outrageously priced Los Angeles, California for $1.2M. Has 3bds. & 2ba., built in 1940.

Admittedly, the living/dining isn’t bad- nice wood and brick fireplace wall.

This structure looks like a bar. I think that skinny closet door is the entrance to the bar.

Over $1M for a small kitchen with an old corner booth and a 70s Harvest Gold stove. 

Bath with a rusty bare sink pipe and nothing nice.

Here’s a bd. w/a very dirty carpet.

Another outdoor entrance door opens to the main bd. with a tub that has stairs and blue glass block. There’s also a tile fireplace and sliding doors to the deck. The rug is disgusting.

I don’t know what’s on these walls, but it looks like some old tape or adhesive. Otherwise, it’s not a bad room.

Looks like some kind of bd. with a lofted bd. The carpet is insane. 

Plain bath. 

Here’s a deck, but I don’t see any grass or garden, and it looks like there’s an industrial building next door. In NJ, I think you need a minimum 80′ x 100′ lot for a house- this house is on a small 61′ x 79′ lot.

Just a small cement area could be fixed up to make a little patio. I you have $1.2M to buy this home, you better have another $1M to fix it up. Terrible real estate market in LA. 

https://www.coldwellbankerhomes.com/ca/los-angeles/10718-queensland-st/pid_50853706/

[tieflingkisser]

Efforts to sell ‘Anglo neighborhoods in Israel’ at LA synagogue erupt in protests

Pro-Palestinian protesters accuse companies of trying to sell stolen land in the West Bank, and question legality

Efforts to market homes in Israel and stolen land in West Bank to Jewish Americans are continuing to spark protests across North America, with the latest angry confrontations happening outside a synagogue in one of Los Angeles’s most prominent Jewish neighborhoods.

[...]

The Los Angeles demonstration was the latest in a series of heated demonstrations outside similar Israeli real estate events heldat synagogues across North America this year, including in Toronto, Canada; New Jersey; Baltimore, Maryland; and North Hollywood. Pro-Palestinian protesters have accused some of the companies involved in these events of trying to sell stolen land in the West Bank, and questioned the legality of the marketing efforts. One of the real estate companies named in an advertisement for the Los Angeles event, My Home in Israel, has listed high-end properties for sale in West Bank settlements on its website, including boutique apartments in Ariel and luxury villas in Efrat. Israel’s settlements in the West Bank are widely considered illegal under international law. The US recently restored its position that they are “inconsistent” with international law. Previous US events involving My Home in Israel have prompted calls for law enforcement investigations from Palestinian American and pro-Palestine groups, and denunciations from some local Jewish residents.

[...]

Protesters on both sides of the conflict described an out-of-control situation where people were targeted with bear spray and scuffling in the streets, and criticized police for failing to stop the violence. Pro-Palestinian demonstrators shared video of pro-Israel counter-protesters yelling racial slurs, and said that the counter-protesters had punched them, kicked them, chased them, ripped hijabs from the heads of Muslim women, made rape threats and followed some demonstrators back to their cars in an attempt to photograph their license plates. A pro-Palestine protester who lives in the area said the intensity of the harassment and violence from the pro-Israel counter-protesters was frightening, with “people who came up to me screaming, telling me to get out of their neighborhood”.

[...]

Sean Beckner-Carmitchel, a Los Angeles journalist who specializes in protest coverage, captured footage of pro-Palestinian protesters “pleading with officers for help” as they were “being shoved and hit” by pro-Israel demonstrators with the officers standing by. Several journalists covering the protest were also assaulted, Adam Rose, the secretary of the Los Angeles Press Club, tweeted on Monday. Among then was Beckner-Carmitchel, who said he filed a police report after being assaulted by pro-Israel demonstrators. A reporter for CalMatters said that one pro-Israel protester knocked his phone out of his hand as he tried to film, and later another demonstrator told him “you shouldn’t be here” and snatched away his phone.

[ericgunther]

Palm Beach Island Takes Over as the Top Ultra-High-Net -Worth Property Market in the United States!

“Palm Beach is a niche market that consistently has the highest concentrations of appropriate properties and lifestyle for ultra-high-net-worth individuals,” says Eric Gunther President of Greenfield Waters Florida Realty on Worth Avenue Palm Beach.

Ultra-high-net-worth “UHNW”, is a level of ultra-luxury residential properties that trade for $50,000,000 or more. The market for these eight and nine-figure estates has significantly increased in the past ten years. 

New York, the Hamptons, Malibu, Los Angeles, Aspen, and Miami have all seen a sudden and profound transformation in the value of the most coveted properties. But nowhere in the U.S. compares to the small Island of Palm Beach which currently has 13 properties listed for sale asking over $50,000,000. This 16 mile long barrier island is a fraction of the size of its UHNW market peers, making the concentration of luxury real estate sales staggering over the comparatively small area. 

Over the last year of 2023, Florida’s two most expensive home sold on Palm Beach Island.  $170,000,000 was in first place at 589 North County Road Palm Beach, FL 33480 and $155,000,000 in second place at 1495 North Ocean Boulevard Palm Beach 33480 combined into a compound with 108 Mediterranean Road Palm Beach, FL 33480.

As the balance in middle market property prices and interest rates struggle to find common ground across the general U.S., solid activity in the Florida market and in the UHNW market of Palm Beach is understandable for emotional reasons but also backed by qualitative data. 

Buyers of properties in excess of several million dollars aren’t as affected by volatility in interest rates or the stock market like other buyers. Often paying in cash versus financing, these buyers see their real estate as tangible assets to be enjoyed but also bought, sold, and traded at the right times. 

Meanwhile, just across the Intracoastal waterway, select bordering neighborhoods of West Palm Beach are becoming “Palm Beach Island adjacent” with sales in excess of several million dollars being very normal.  Areas in West Palm such as Marina Park, El Cid, Howard Park, Phipps Park, and South of Southern (SOSO) are emerging in a very big way. As major financial firm and accompanying industries such as consulting, accounting, legal, and more keep moving to West Palm Beach, we expect these neighborhoods to continue growing in value and the beautification of Mediterranean revival and modern styled new construction homes. 

Palm Beach owners naturally enjoy the warm winters of our busiest season, when residents with multiple homes return for the climate. Many visitors come prepared to shop for real estate during this season making it ripe to sell for more. Spring and summer balance out the year as owners often list after enjoying a last winter season and demand to buy exits all year long in the Florida UHNW market. Typically, buyers even appreciate the downtime after buying so they can renovate and bring in the finest upgrades and décor of their personal choice which can take time after buying. 

This year more incredible properties are on the market and selling for more than anywhere else in the United States. Currently, the Island’s most expensive listing is 2.3 oceanfront vacant acres of land listed at $200,000,000 at 1063 and 1071 North Ocean Boulevard Palm Beach, FL 33480. They have 360 feet of width across the beachfront which is a rare luxury opportunity on The Island. These are owned by cosmetics heir William Lauder who listed the land on the market after buying the late Rush Limbaugh’s property. Both properties were torn down to achieve their amplified land value together. 

Traditionally, Palm Beach was perceived as a multigenerational closed circle. Today, this is no longer the case and sellers are aware of the vibrant new audience which needs to be reflected and focused on for marketing and advertising to sell a property of these price points in the economy of today. The Island does still maintain the exclusivity of high society, yet it's much more inclusive of people from a broader range of affluence, industries, and backgrounds which is very healthy.   

Here are five of our favorite finest properties on the market as of today on Palm Beach Island:

10 Tarpon Isle Palm Beach, FL 33480

Listed for $187,500,000

www.greenfieldwaters.com/search/details/1j5/0/

In 2021, Todd Glaser and his business partners made waves in the real estate world by acquiring the 2.3acre man-made Tarpon Island for a $85,000,000. After an extensive renovation, showcasing their commitment to luxury and opulence, they listed the island in 2022 for an eye-opening $218,000,000. Taking a strategic pause from the market which created incredible desire from real estate buyers, Glaser reentered the fray in November with an adjusted price. Originally designed by Howard Majors in 1930, the mansion underwent a dramatic transformation under Glaser's vision. Its footprint doubled to nearly 24,000 square feet, now boasting 11 bedrooms, 15 bathrooms, and 7 half-bathrooms. The property is a veritable oasis, featuring two pools, a dock, a lighted tennis court, a cold plunge, steam room, sauna, salon parlor, massage room, gym, and a catering kitchen. This embodiment of luxury living epitomizes the pinnacle of exclusivity and grandeur.

101 Jungle Road Palm Beach, FL 33480

Listed for $59,950,000

www.greenfieldwaters.com/search/details/1j9/0/

The oceanfront mansion of the late Gerald and Elaine Schuster has emerged on the market. Gerald Schuster, renowned as the founder and CEO of Continental Wingate, a prominent real estate investment and development firm now recognized as the Wingate Companies, leaves behind a legacy of industry excellence. Notably, the Schusters shared a longstanding friendship with political powerhouses, adding to the allure of their estate. Constructed in 1955 on a sprawling 0.9 acre plot along Jungle Road, the mansion encompasses an impressive 10,000 square feet, comprising 5 bedrooms and 8 bathrooms, according to property records. The price reflecs its prime oceanfront location spanning 200 feet of beachfront. With its rich history and unparalleled coastal charm, this estate represents a rare opportunity for discerning buyers seeking a slice of coastal luxury intertwined with prestige and influence.

315 Chapel Hill Road Palm Beach, FL 33480

Listed for $59,500,000

www.greenfieldwaters.com/search/details/1ja/0/

This waterfront estate, formerly owned by the late William Flaherty is an incredible property. Flaherty, a notable figure in the business world for founding the Horsehead Corporation, now recognized as American Zinc Recycling based in Pittsburg, passed away last year, leaving behind a remarkable legacy. Built in 1987 upon 0.8 acres of prime waterfront land, the estate boasts a 5,600 square foot main house adorned with 4 bedrooms, 6 bathrooms, and 1 half-bathroom, along with a charming 3,300 square foot guest house featuring 4 bedrooms and 2 bathrooms. With its enviable position spanning 200 feet along the picturesque Intracoastal Waterway, this property presents an unparalleled opportunity for luxurious coastal living.

200 S Ocean Boulevard Palm Beach, FL 33480

Listed for $59,000,000

www.greenfieldwaters.com/search/details/1jn/0/

Earlier this month, David and Becky Gochman just listed their stunning oceanfront parcel. David Gochman's entrepreneurial journey includes the successful sale of his family's renowned sporting goods empire, Academy Sports & Outdoors, to the private equity firm KKR for a staggering $2,100,000,000 in 2011, as reported by Forbes. Following this achievement, he established Inclenberg Investments, based in Palm Beach, in 2012. The Gochmans' connection to luxury real estate began in 2014 when they acquired the South Ocean Boulevard property for $15,400,000 million, according to records. Demonstrating their commitment to refinement and elegance, they embarked on the construction of a new residence on the expansive 0.9 acre parcel in 2018. The resulting masterpiece spans 5,800 square feet, boasting 6 bedrooms, 5 bathrooms, and 1 pool, offering an unparalleled blend of coastal splendor and modern luxury.

690 Island Drive Palm Beach, FL 33480

Listed for $52,900,000

www.greenfieldwaters.com/search/details/1jo/0/

Situated on the picturesque Everglades Island, Diana Barrett has unveiled her exquisite waterfront residence, designed by the esteemed Marion Sims Wyeth. Constructed in 1949 on a lush 0.8 acre parcel, the house epitomizes timeless elegance and sophistication. Spanning 6,300 square feet, the residence boasts 4 bedrooms, 4 bathrooms, 1 half-bathroom, and 1 luxurious pool. Notably, Barrett's illustrious background includes tenure as a former professor, while her husband, Bob Vila, is renowned as the star of the beloved renovation show "This Old House." Furthermore, demonstrating their affinity for Palm Beach's charm, the couple recently acquired a 4,300 square foot house for $12,500,000 million in December, further solidifying their connection to the area's prestigious real estate landscape.

About Greenfield Waters Florida Realty

When it comes to navigating the intricate world of luxury real estate, Eric Gunther and Greenfield Waters Florida Realty located on Worth Avenue Palm Beach stand out as the premier choice for buyers and sellers alike. With a profound understanding of the market dynamics and a specialization in properties exceeding several million dollars, Greenfield Waters and their Realtors possess the intelligence, sophistication, and unwavering commitment necessary to cater to the discerning needs of high net worth individuals. Whether it's meticulously scouting for the perfect property or orchestrating seamless transactions, Greenfield Waters ensures a tailored experience that exceeds expectations, making him the trusted ally in Palm Beach's elite real estate realm.

Are you curious what your Florida property may be worth right now?  Feel free to try our complimentary special Florida specific valuation instantly online at https://www.greenfieldwaters.com/home-value/

Here to advise as always, 

Eric Gunther

President – Broker – Realtor

561-400-8474

eric.gunther@greenfieldwaters.com

Greenfield Waters

Florida Realty

205 Worth Avenue #125

Palm Beach, FL 33480

www.greenfieldwaters.com

Thank you for sharing our blog posts, articles and for your referral business! 

[xtruss]

The 10 Most Expensive Homes That Sold in 2023, From Jay-Z’s Malibu Manse to Jeff Bezos’s Miami Getaway

Waterfront properties were the star of this year's list, with coastal estates in the Hamptons, Palm Beach and Connecticut selling for blockbuster numbers.

— By James McClain | Robb Report

Daniel Milstein For Sotheby's International Realty

Don’t let these blockbuster numbers fool you. While 2023’s 10 priciest real estate transactions racked up a total sales volume of nearly $1.2 billion, slightly surpassing our 2022 list’s tally, these deals were the exceptions. In almost every luxury market across the country, overall volume declined by double-digit percentages compared to the prior year, driven by economic jitters and soaring interest rates. Among the most severely impacted markets was the greater Los Angeles area, where there’s currently a glut of luxury mansions up for grabs, many of them sporting heavily slashed listing prices. Even typically downturn-proof communities such as Aspen and Palm Beach were not immune to the slowdown.

As always, a majority of the top 10 deals were hush-hush transfers inked off-market. And it’s worth noting that all but two of the deals involved oceanfront—or at least waterfront—properties, suggesting buyers are still willing to shell out big for trophy vacation homes with direct beach access. Here’s our list of 2023’s priciest residential sales.

Top: Paradise Cove, Malibu—$190 Million

Coming in at the top of the heap, and the only California property to make the list, was this colossal blufftop complex atop Paradise Cove in Malibu, which sold for $190 million in cash. This year’s biggest real estate transfer was also likely the most highly publicized, thanks to A-list buyers Jay-Z and Beyonce. It’s the priciest-ever deal for a California home, and the second-priciest ever recorded nationwide.

First commissioned in the late 1990s by Bill and Maria Bell—he the son of the soap opera tycoons who created The Young and the Restless and The Bold and the Beautiful—the house took 15 years to plan and build. Completed circa 2014, the monolithic fortress was created, at least partially, to display the Bells’ enormous collection of modern art, including numerous works by Jeff Koons, Andy Warhol, Damien Hirst and Marcel Duchamp. Though the property was never publicly marketed for sale, the Bells had reportedly shopped the place off-market with a whopping $250 million ask.

— Photo: Google Earth

Bottom: North Ocean Boulevard, Palm Beach—$155 Million

In April, New York-based car dealership mogul Michael Cantanucci broke the Palm Beach record with his $170 million purchase of this oceanfront estate, which features a nearly 25,000-square-foot, Tuscan-style mansion built in the 2000s. The house was never on the market, so further details are scant, but the seller was billionaire coffee entrepreneur Bob Stiller, who paid just $25 million for the estate in 2014.

— Photo: Google Earth

Copper Beech Farm, Greenwich—$138.8 Million

Photo : Daniel Milstein For Sotheby's International Realty

This year’s most out-of-left-field big transfer was likely the sale of Connecticut’s Copper Beech Farm, which recorded at a state record of nearly $140 million. The deal came even as the Greenwich real estate market has badly sagged in recent years. The seller, billionaire Ray Dalio, had paid $120 million for the place back in 2014, though that unconventional transaction reportedly included the assumption of tens of millions worth of debt on the estate. The all-cash buyer, who remains anonymous for now, is thought to hail from Mainland China. Copper Beech Farm features 50-acres of land with a 13,500-square-foot main house originally built in 1898, plus spectacular gardens and roughly a mile of private water frontage on Long Island Sound.

Meadow Lane, Southampton—$112.5 Million

Photo: Google Earth

New York’s biggest deal of 2023 was inked in the Hamptons, and it’s no surprise that the property in question is one of the largest estates on Southampton’s ultra-prime Meadow Lane—often called Billionaires’ Row. The titanic spread sold for $112.5 million to an as-yet-unidentified billionaire shielded behind a Delaware entity called Meerkat LLC, with the thrifty buyer negotiating a cool 36% discount off the estate’s $175 million original ask. Long owned by ad exec Marcia Riklis, the so-called Mylestone estate is anchored by an 18,000-square-foot manor house situated on 8-acres of land, with nearly 500 feet of ocean frontage.

Windmill Lane, East Hampton—$91.5 Million

Photo: Google Earth

Talk about a profitable flip. The seller of this two-parcel East Hampton compound, real estate investor Peter Fine, bought the property in 2020 for $45 million. Just three years later, without making any significant changes to the place, he flipped it for an eye-popping $91.5 million to an unidentified buyer. Still not crazy enough for you? There are rumors the new owner might tear down the estate’s current structures to build something more lavish, so that $91.5 million might’ve been for the land alone.

Great Island, Darien, Connecticut—$85 Million

Photo: Google Earth

Great Island, a 63-acre waterfront property on Long Island Sound, features a land bridge that connects to the mainland in Darien, Conn. For decades, the island served as the ultimate private compound since it was built at the turn of the century, with amenities such as world-class equestrian facilities (including a polo practice field), a private beach, and a secluded harbor with a dock and boat house. Owned for over 100 years by different generations of the same family and originally offered at $175 million, the giant estate was acquired by the town of Darien for a heavily discounted $85 million. At last check, the town was still deciding what to do with the island, which features a 13,000-square-foot historic mansion and multiple ancillary structures.

220 Central Park South, New York City—$80 Million

Photo: Google Earth

The two-building skyscraper at 220 Central Park South is famously a huge hit with billionaires, so it’s no surprise that New York City’s biggest residential deal of 2023 was recorded at the limestone complex. This time, it was a duplex penthouse at the shorter “villa” building that fetched $80 million in a staggering resale. While the unit itself was never on the market, sellers Suna Said and her husband Scott Maslin had paid about $66 million for the Central Park-facing apartment in 2020. The anonymous buyer, who may or may not be a big-name celebrity, has a Los Angeles mailing address.

Indian Creek Island, Miami—$79 Million

Photo: Google Earth

In October, two months after paying $68 million for an oceanfront estate on Miami’s Indian Creek island, Jeff Bezos dropped $79 million on the house next door. The lucky neighbor, who acquired the 19,000-square-foot mansion back in 2014 for just $28 million, remains unknown. Bezos reportedly plans to bulldoze both properties to make way for a custom compound of his own creation, so that $79 million was likely just for the dirt alone.

Ute Avenue, Aspen—$76 Million

Photo: Google Earth

Aspen’s biggest-ever home sale was unconventional in more ways than one. Unlike most of the other properties on this list, the $76 million deal was not an all-cash transfer. The buyer, car dealership mogul Terry Taylor, paid $51 million of the purchase price in cash but also gave the seller, real estate developer Leathem Stern, a smaller Aspen home valued at $25 million. The ski-in, ski-out house features four full floors totaling more than 20,000 square feet of living space. Not everyone who crossed paths with the property enjoyed the experience, however—a Christie’s real estate agent is currently suing Stern for $1.7 million in commission payments she claims were owed to her in the deal.

[orionhousingsposts]

Affordable rental housing near me | Orion Housing is the Best Choice

Shelter, more specifically stable and comparatively low housing for families is one of the main elements of a healthy community. It gives people a basic safety net and lets them help their close ones secure jobs, get an education, and in general, lead healthy lives. However, this does not make it easy to find the perfect rental especially since many areas of the world have seen the costs of housing rise. This may result in several social impacts such as financial pressure, displacement, and sometimes, homelessness.

Orion Housing, affordable rental housing near you knows that every person should have a haven and a proper shelter to live in. That is why in our company you can find different rental prices in superb locations. We know that the digestion of a good house is not just the price of the house but so many other factors that come with the house or compound. In a true guess, it is about searching for a home, for a place to have roots and to live a stable life. Orion Housing is set to deliver professionals, families student apartments Los Angeles at affordable rates.

[laluxuryhouses]

[beardedmrbean]

Exercise caution! California is unveiling a novel strategy for wealth distribution, prompting concern about its potential replication in other states.

Despite being the most heavily taxed state in the United States, California finds itself grappling with a staggering $68 billion budgetary deficit. Contrary to the metaphorical richness associated with the Gold Rush era, California's fiscal situation resembles Fool's Gold.  

Even Gov. Gavin Newsome couldn’t admit in his recent debate against Florida Gov. Ron DeSantis that the net migration out of California is reaching epic proportions more often than not over one word… TAXES.

The city of Los Angeles and the legislators responsible for California's financial quagmire have devised a fresh tactic within the confines of the conventional playbook. Their query: How can the affluent be subjected to further taxation? How do we squeeze more out of the top 1%? How do we penalize those that are building wealth and want to buy a more upscale home? 

NEW YORK, CALIFORNIA LOST MORE TAX INCOME THAN EVERY OTHER STATE AS PEOPLE FLED LIBERAL ENCLAVES

Considering that a high-income earner in California already endures a 37% federal tax, 13.3% state tax, and additional burdens like Social Security and Medicare, such individuals essentially toil for the state and federal government for seven to eight months annually.

Enter Los Angeles' latest stratagem, instated on April 1, 2023 – the "mansion tax." This levy imposes an additional 4% tax on homes exceeding $5 million and a 5.5% tax on those surpassing $10 million paid for by the buyer.

To illustrate, a $10 million property sale would incur customary 6% selling fees to a real estate agent. However, the purchaser must contend with the mansion tax, necessitating an additional $550,000 in addition to the sale price of the home. This not only intensifies the tax burden on the affluent but also has the potential to depress property values, making acquisitions financially elusive. 

This double whammy affects not only those capable of affording such opulent residences but could reverberate across states, given the trend of rules being adopted at the $1 million threshold in various regions. With the median price of homes at roughly $400,000 across America, how soon will it be before every buyer pays a redistribution… err… a mansion tax?

EX-CALIFORNIA FAMILIES SAY MOVE TO RED STATES WAS CAUSED BY LEFTIST POLICIES AND TAXES: ‘TIME FOR US TO LEAVE’

What should make you worried is that California isn't alone in this trend, as several states have embraced similar measures to extract more revenue from property owners. Presently, six other states impose a mansion tax:

Connecticut: 2.25% on properties surpassing $2.5 million.

District of Columbia: 1.45% on properties sold for $400,000 or more.

Hawaii: Marginal rates ranging from 10% to 20% for estates valued over $5.49 million.

New Jersey: 1% on real estate transactions exceeding $1 million.

New York: 1% to 3.9% on residential acquisitions of $1 million or more.

Vermont: 16% on properties valued over $5 million.

Washington: Graduated rates starting at 1.28% for properties sold at a minimum of $500,000.

The real question will be whether blue states across the country see this as the next pathway to redistributing wealth from those who own higher than average dollar real estate.

As you strive and accumulate resources to potentially secure your dream home and your financial future, be on alert, particularly in states adhering to a blue political ideology as they may unveil yet another method akin to a Las Vegas casino.  

It’s designed to do one thing and one thing only. Separate you from your hard-earned money. If your state hasn't embraced the mansion tax to date, exercise vigilance, as it may loom on the horizon.

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Albuquerque, Nm Business Real Estate For Sale

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See the present MLS listings of homes for sale in Albuquerque. Change the settings under to browse available homes. Homes for sale in Albuquerque have a median listing worth of $340K.

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