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(970) 618-9733
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Record Breaking Home Sales: US

December 10, 2013 by ecavarra Leave a Comment

Today, Erik Cavarra features the most outrageous, most expensive homes sales of 2013.

This year kicked off with the news of a record-breaker home sale price: $117.5 million for a nine-acre Woodside, Calif., estate purchased by billionaire and Softbank chief Masayoshi Son, Japan’s 2nd-richest man. It remains the highest price paid for a home in the U.S., ever.

Although the news hit this year, the transaction was technically a 2012 sale. The property traded hands quietly in November, flying under the radar until reports in January.

But 2013 has its own outrageously expensive home purchase prices–albeit not quite as hefty as last year’s outsize transactions. Money manager Howard Marks, founder of Oaktree Capital Management, tops the list with of 2013′s highest sale prices at $75 million, the sale price for his Malibu estate. The property, situated along the scenic Pacific Coast Highway, sold in January to an anonymous Russian buyer, marking a record-high price for Malibu.

The Most outrageously expensive home purchases of 2013

Billionaire SAC Capital Advisors founder Steve Cohen gobbled up the second-most expensive property this May, a $62.5 million estate in East Hampton. In June, he added the $23.4 million Abingdon “Maisonette,” a 9,600-square-foot triplex apartment in New York City’s West Village, to his collection. Evidently, he wasn’t letting the SEC’s charges of insider trading at his firm get in the way of scratching his real estate itch this year.

In mid-September, the Nakash family of Jordache jeans fame snapped up the third-priciest property of 2013: Casa Casuarina, the Miami Beach, Fla., mansion formerly owned by Gianni Versace. The Nakashes paid $41.5 million–a hefty discount off the original $125 million asking price–at a closely watched foreclosure auction. The Jordache family plans to turn the old Versace haunt into a boutique hotel. Top team Jill Hertzberg and Jill Eber, who recently announced $500 million in sales for 2013, had the listing.

The Most outrageously expensive home purchases of 2013

Fourth on the list is Los Angeles, where a 48,000-square-foot Beverly Hills estate known as Le Palais-The Crescent Palace, reportedly sold for $32.75 million. Joyce Rey & Stacy Gottula of Coldwell Banker Previews International sold the home, which was originally listed at $58 million.

Two Miami properties sold this year at the $30 million mark, tying for fifth-most-expensive sales. The first was baseball player Alex Rodriguez’s customized estate this May. A-Rod bought the property for $7.4 million in 2010 and added, among other items, a batting cage, steam room, and Zen gardens. Beer distributor Stephen Levin and his wife Petra, a former Miss Germany, were the purchasers. The next month in Miami a second property sold for $30 million: Castello Del Sol is a waterfront Mediterranean-style estate on prestigious La Gorce Island. These properties are tied for the third most expensive single-family home sale in the history of Miami-Dade County. (In 2012, two Indian Creek Island sales were higher: hedge fund billionaire Eddie Lampert’s $38.4 million purchase in March 2012 and an anonymous Russian buyer’s $47 million purchase of 3 Indian Creek a few months later in August.)

The next most expensive home sale of the year is Moraga Vineyards (listed by Delphin Mann, Coldwell Banker Previews International), which sold to Rupert Murdoch in August for the relatively low price of $28.8 million. The media tycoon tweeted about the purchase of his new Bel Air 13-acre estate, which was built by “Gone With the Wind” director Victor Fleming in the 1930s. His property includes a 7,500-square foot main house with an octagonal dressing room, a guesthouse, vineyards, and a winery with a wine cave. Bonus feature: Moraga produces 1,500 cases of wine per year.

The Most outrageously expensive home purchases of 2013

In addition to the news of Son’s record-setting purchase of the Woodside estate, 2013 revealed two other fabulously high-priced sales from 2012. Ken Griffin purchased four adjacent Palm Beach properties totaling nearly eight acres for a combined $130 million in December 2012. And hedge fund billionaire Bill Ackman was outed this May as the lead in a group of investors who paid $90 million for one of two penthouses at the new One57 tower in Manhattan in 2012. Both those deals topped the $88 million paid for a New York City penthouse for Ekaterina Rybolovleva, daughter of Russian billionaire Dmitry Rybolovlev, in February 2012.

This year is almost over, but there’s still time to topple 2013′s high purchase price of $75 million. In fact, sources are telling me that one trophy property may close very soon that could break this year’s record. Let’s see what the next weeks bring. |

Most Expensive Aspen Homes:

Property Type: RES w/Improvments N/A

Address: 5880 Lake Wildcat Road Snowmass Village, CO 81615

Status: Closed

Asking Price: $50,000,000

List Number: 126986
Type:

Single Family

Area: 02-Snowmass Village
Major Area: Snowmass Village
Sub/Loc:

Wild Cat

County: Pitkin
Bedrooms: 8
Baths:

9

Baths – Half: 7
Baths – 3/4:

0

Lot Size: Refer to Acreage
Acreage: 101 or More
Garage: 4+ Car
Furnished:

Yes

List Price Per/SF:

1,923.37

Lv Ht SqFt: 25,996
LvHtSqFt (Abv Grnd):
LvHtSqFt (Blw Grnd):
Unfinished SqFt: 0
Total SqFt: 25,996
Pt/Dk SqFt:
Garage SqFt: 3,035
Lot SqFt: 21,954,240
Nbr of Acres: 504
Year Built: 2012
Year Remodeled:
Zoning:

Levels: 3
Short Termable:
Account #: R013459
Parcel #: 264525110001
Indoor Air Plus:
Pre-Fabricated Home: No
ADU:

Leed for Homes:
HERS:
Taxes: 154,097
Tax Year: 2012
Transfer Tax: Yes
Short Sale:

REO:

No

Payment Per: Year
HOA Dues Y/N:

Yes

HOA Dues:

90668.18

Earnest $/%:

5%

Earnest $ Payable To: Title company
Special Assessments:
Foreclosure:

HOA Transfer Fee:

Yes

Bedrooms Living Room Dining Room Kitchen Full Bath Half Bath Family Room Den/Study/Library Laundry/Utility Room
3/4 Bath
Public Remarks: Spectacular compound that includes a main house, guest house, barn, pastures, ponds w/water rights, heavenly outdoor spaces & breathtaking views. Incredibly executed main house w/over 23,000 sq ft on 3 levels with 4 bedrooms, 6 full baths, 6 half baths, contemporary kitchen, formal & informal living & family rooms, glorious his & her master baths & closets, exercise room, massage room, indoor spa w/sunken hot tub, multiple offices, game room, 3-tiered theater, wet bar, vaulted ceilings, hardwood floors, beautiful outdoor spaces w/fire pit & wood-burning fireplace, & 2532 sq ft 6 car garage. Luxurious 2680 sq ft guest house w/2 bedrooms, 2.5 baths, wood-burning fireplace, A/C & a 503 sq ft 2 car garage. 2 level 5232 sq ft barn w/5 stalls, washing stall, riding arena, bath & 2 bedrooms.

Directions: Please call listing agent.
Addendum: Enjoy the quintessential outdoor lifestyle of horseback riding, hiking, fishing, boating, & biking with the ski slopes just minutes away. The best of the best – this was the first choice homesite by the original developer, Michael Douglas. Douglas sold this property to the current owners, who have just completed this amazing compound. Furnished with some exclusions. www.WildcatAspen.com
Legal: Wildcat Ranch, Lot 5, aka Homestead 5 Westerly Part and Eastern Part

Construction: Frame; Stone

Exterior: Stone Siding

Cooling: Central A/C

Condition: Excellent; New

Carport:

Documents on File: Survey/ILC

Disclosures: Special Tax District

Electric: Yes

Exclusions: See Remarks

Extras: Barn or Corral; Fence; Guest/Caretaker Qtrs; Indoor Jetted Tub; Landscaping; Lawn Sprinklers; Outbuildings; Patio/Deck; Security System; Steam Shower

Fireplace: Gas; Wood

Gas: Natural Gas

HOA Amenities: Club House; On-Site Management; Pets Allowed/Owner

HOA Fees Includes: Contingency Fund; Grounds Maintenance; Insurance; Management; Road Maintenance; Water

Heating: Gas; Radiant

Inclusions: Dishwasher; Dryer; Freezer; Microwave; Range; Refrigerator; Washer; Window Coverings

Location Amenities: Borders Public Land; Exposure, Southern; Extreme Topo; Gentle Topo; Horse Property; Pond, Stream, Lake; Rolling Topo; Trees; Views

Laundry Facility: Room

Mineral Rights:

Parking Area: 2 Car

Possession: DOD

Member Association: Aspen Association

Roof:

Substructure: Finished Basement; Walkout

Sign:

Showing Instructions: Call Listing Office

Sanitation: Septic

Style: Contemporary; Split Level

Terms Offered: Cash

Unit Faces: South

Water Rights: Yes

Water: Community

Agency: Excl Right to Sell

Sold Price: 44,000,000
Sold Date: 09/26/2013
How Sold: Cash
Proposed Close Date: 09/26/2013
Sold Price Per/SF:

1,692.57

Seller Concessions: No
DOM: 395 ADOM: 395 Listing Date: 08/27/2012

Seller’s Name Wildcat Five Under Contract Date 08/16/2013
TB%: 2.5 BB%: 2.5 Variable Comm: Yes
Original List Price: 50,000,000

Fallthrough Date: Flat Fee: No
Property Type: RES w/Improvments N/A

Address: 565 Midnight Mine Road Aspen, CO 81611

Status: Closed

Asking Price: $33,500,000

List Number: 126793
Type:

Single Family

Area: 01-West Aspen
Major Area: Aspen
Sub/Loc:

Castle Creek

County: Pitkin
Bedrooms: 6
Baths:

6

Baths – Half: 4
Baths – 3/4:

0

Lot Size: Refer to Acreage
Acreage: 35 – 100
Garage: 4+ Car
Furnished:

Yes

List Price Per/SF:

2,554.91

Lv Ht SqFt: 13,112
LvHtSqFt (Abv Grnd):
LvHtSqFt (Blw Grnd):
Unfinished SqFt: 0
Total SqFt: 13,112
Pt/Dk SqFt: 1,236
Garage SqFt: 1,550
Lot SqFt: 1,916,640
Nbr of Acres: 44.19
Year Built: 2010
Year Remodeled:
Zoning:

Levels: 3
Short Termable:
Account #: R012662
Parcel #: 273523100004
Indoor Air Plus:
Pre-Fabricated Home: No
ADU:

Leed for Homes:
HERS:
Taxes: 46,754.84
Tax Year: 2011
Transfer Tax: No
Short Sale:

No

REO:

No

Payment Per:
HOA Dues Y/N:

No

HOA Dues:

Earnest $/%:

TBD

Earnest $ Payable To: Title Company
Special Assessments:
Foreclosure:

No

HOA Transfer Fee:

No

Bedrooms Living Room Dining Room Kitchen Full Bath Half Bath Family Room Den/Study/Library Laundry/Utility Room
3/4 Bath
Public Remarks: Stunning contemporary view estate on over 44 private alpine acres. Part of the historic Jigsaw Ranch, this dramatic residence features top of the world views of Aspen Highlands Bowl, Steeplechase and the entire upper Castle Creek Valley. Every amenity imaginable in this sophisticated 6 bedroom/6 bath plus 4 powder rooms. Separate caretaker’s house. Features too numerous to list! A MUST SEE. Qualified buyers only.

Directions: 2.6 miles from the round-about up Castle Creek Road to Midnight Mine, turn left. Past river house and gate house. Property on left.
Addendum: Main House – First floor 6188 Sq.Ft./Second floor 1051 Sq.Ft./Garden level 5008 Sq.Ft./balcony 1236 Sq.Ft. Caretakers/Guest House: 723 Ht.Lv.Sq.Ft./Storage Loft 255 Sq.Ft.
Legal: Metes & Bounds (on file)

Construction: Frame; Log; Stone

Exterior: Stone Siding; Wood Siding

Cooling: Central A/C

Condition: Excellent

Carport:

Documents on File:

Disclosures:

Electric: Yes

Exclusions:

Extras: Guest/Caretaker Qtrs; Hot Tub/Spa; Landscaping; Lawn Sprinklers; Patio/Deck; Security System; Steam Shower

Fireplace: Gas; # Fireplaces: 6

Gas: Propane

HOA Amenities:

HOA Fees Includes:

Heating: Forced Air; Radiant

Inclusions: Dishwasher; Dryer; Freezer; Microwave; Range; Refrigerator; Washer; Window Coverings

Location Amenities: Exposure, Southern; Pond, Stream, Lake; River Frontage; Trees; Views

Laundry Facility: Room

Mineral Rights:

Parking Area:

Possession: DOD

Member Association: Aspen Association

Roof: Metal

Substructure: Slab

Sign: Yes

Showing Instructions: 24 Hour Notice; Call Listing Office

Sanitation: Septic

Style: Contemporary; Split Level; Two Story

Terms Offered:

Unit Faces: South; West

Water Rights: Yes

Water: Well – Domestic

Agency: Excl Right to Sell

Sold Price: 27,000,000
Sold Date: 06/03/2013
How Sold: Cash
Proposed Close Date: 06/15/2013
Sold Price Per/SF:

2,059.18

Seller Concessions: No
DOM: 305 ADOM: 305 Listing Date: 08/02/2012

Seller’s Name Castle Creek LLC Under Contract Date 03/15/2013
TB%: 2.5 BB%: 2.5 Variable Comm: No
Original List Price: 33,500,000

Fallthrough Date: Flat Fee: No

Filed Under: Aspen Skiing Company, Market Reports, Real Estate News, Snowmass Club

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Erik Cavarra

Erik Cavarra

Your Aspen Snowmass Real Estate Expert
(970) 923-0817 Office
(970) 618-9733 Cell
Contact Erik
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