If you’re looking to make a splash in the San Francisco real estate market, here’s your opportunity.  Real estate mogul Victor MacFarlane has placed his unfinished 20,000 square foot penthouse in the St. Regis Residences on the market for $70 Million.  A shocking price tag by any standards, but especially eye-catching in San Francisco (our home town), where the highest amount paid for a single family residence or condo is $32 million.

So what does $70 million buy you?  In addition to choosing the remaining finishes, the buyer will land a condo equipped with the following features and amenities:

• Six bedrooms, seven full baths, four powder rooms, two offices, four fireplaces, a wine storage room, a 13-seat home theater, and a gym with a sauna and steam room
• Four terraces with 360-views of San Francisco.  One terrace is 2,000 square feet.
• Twenty-two foot high windows with brushed aluminum frames
• A foyer with winding staircase and two-story waterfall
• Loads of homeless right outside your front door

Located at the corner of 3rd and Mission Street, the St. Regis Residences are located in San Francisco’s transitional SOMA district. Despite the building’s swanky interiors, the building’s location makes it tough (if not impossible) to justify the extraordinary asking price.  Considering that MacFarlane picked up the unit (originally three seperate condos) for $30 million total back in 2005, we’d recommend some serious negotiating if you’re at all interested.

Born in Ohio, MacFarlane is the CEO of MacFarlane Partners, a San Francisco real estate investment firm with $11 billion under management.  He is also the co-owner of the D.C. United soccer team.

Available through: Patrick Barber of Sotheby’s International [via Real Estalker, SF Chronicle]

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Pictured: Villas Del Mar Casita, Sentient Jet

It’s not uncommon to see developers include everything from chauffeured cars to yacht charters as amenities to luxury property purchasers. Now, a select group of of high-end vacation home developers has taken their amenity lists to the next level by offering discount private jet travel to their customers, according to a recent article by Kevin Bass of the International Herald Tribune.

Villas Del Mar, a Cabo San Lucas development where new homes start at $2.35 million, has partnered with jetshare firm Sentient to offer home purchasers a $150,000 discount on Sentient’s $250,000 Gold Membership program.  Likewise, Residences at Beach Bay, a fractional ownership resort club on Grand Cayman, has partnered with Halcyon Jets to offer discounted rates to buyers of its $360,000 1/8 share beachfront villas. A South African development, South Africa’s Garden Route, has taken a slightly different approach by purchasing a Hawker 4000 that it offers to residents at a reduced charter rate.

Gimmicky? Yes.  But at as one Del Mar purchaser notes, it’s “better than a watch.”

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After catching the second episode of Bravo’s Million Dollar Listing last night, we decided to do a little research into which of the show’s three featured LA super-agents has the most baller active listing. It was a tough call, but we’re giving the honor to recently-arrested, 21-year-old Josh Flagg, who currently has a ridiculously lavish Beverley Hills estate available for lease at $50,000 per month (pictured left), as well as two properties for sale priced individually at more than $12.95 million. The most expensive of Flagg’s listings is a nearly $16 million traditional home in Brentwood.

Coming in at a close second is Madison Hildebrand, who’s got a $13.495 million estate site in Beverley Hills up for grabs, as well as a $35,000/month beach-front home for lease in Malibu. And pulling up the rear is Chad Rogers, who’s apparently been spending more time on his page boy haircut than booking new multi-million dollar listings. (We’re actually just giving Rogers a hard time, as he recently completed a sale on a $16 million property in Malibu Colony, as well as Ronald Richard’s $3.8 million condo in the Sierra Towers, featured on the show. Rogers also has Richard’s smaller Sierra Towers unit in escrow).

For those who didn’t catch the news earlier this month, Flagg was arrested and released on a $100,000 bail after reportedly stealing Picasso’s and Chagall’s from estates that he’d been listing. So, although Flagg has the most baller listing currently on the market, we’ll have to wait and see if he can keep it up post arrest scandal.

Pictured in the gallery below you’ll see more shots of Flagg’s $50,000/month Beverley Hills estate, a rendering of the mansion planned for Hildebrand’s Beverley Hills lot, and Rogers’ $5.15 million Georgian estate also on the market in Beverley Hills.

For more information: Josh Flagg, Madison Hildebrand, Chad Rogers

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The republican presidential nominee to be, Sen John McCain’s, former residence is officialy on the market. The Pheonix, Arizona home was the childhood home for Cindy McCain where she was raised. When the McCain’s lived there they spent over $250,000 in renovations in the 1980’s. Not so long ago, in 2006, the couple downsized to a condo. The McCain’s had trouble selling the 2 acre home in 2006 for a listed $3.75 million.

The current owner of the home has listed the price at a whopping $12 million. Where’s the value add you ask? Read the rest of this entry »

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If you’ve got $7.5 mil ready to fork over for a unique Los Angeles property, take a look at the Wolf’s Lair, a 3.3-acre walled and gated castle compound overlooking much of the city as well as Lake Hollywood. The historically significant crib sits high above LA’s Beachwood Canyon and features a main house with 5,485 square feet, eight bedrooms, and six bathrooms. Some of the more baller amenities on the grounds include a black bottom heart-shaped pool, a pool house, a cabana and a 1920’s speakeasy.

Read the rest of this entry »

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