September 30th, 2008 by BallerHouse

The world may be in an economic crisis, but there’s still plenty of big spending going on in Russia. According to Russian property agency Agent 002 last Friday, Moscow’s most expensive property, a 1,300 square meter (14,000 square foot) townhouse, sold to a low-profile Russian business tycoon for nearly 2.5 billion Rubles, or approximately $99 million USD.
Located within Moscow’s Chistie Prudy (Clean Ponds) Residence complex, a five minute drive from Moscow’s Red Square and city center, the 7+ story townhouse contains five bedrooms, five full bathrooms, three half baths, a children’s floor, a basement-level indoor swimming pool, and a rooftop winter garden.
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September 25th, 2008 by BallerHouse

De ja vue? Not exactly. Britney Spears may have sold more homes than you or I will ever live in, but this is the first time the $7.9 million Summit Circle home is on the market. If you can stomach the idea of living in a house that Britney Spears once graced, than consider this baller estate. The 6 bedroom 6.5 bathroom gated Italian Renaissance Villa comes with approximately 7,500 sq ft of luxury including a wet bar, library, den, chic dining room, and grand foyer. Artisan quality finishes, dramatic high ceilings, millwork, stone & mosaic tile floors and iron accents. Chef’s kit with Viking appliances and breakfast nook that open to a spacious great room. Romantic master bedroom with fireplace and loggia. Manicured grounds including a pool, spa, arbor and lush landscape ideal for entertaining. Ms. Spear’s former home is being offered with select furnishings, accessories and art work, though we strongly reccommend you redecorate. Britney dropped $6.75 million on The Summit gated community home back in Janurary 2007.
[via RealEstalker]
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September 12th, 2008 by BallerHouse

In the market for a high-priced pad in Manhattan? After flipping his Bali-inspired East Hampton house to Mariah Carey in August and placing his Greenwich, Connecticut crib on the market in April, Tommy Hilfiger has listed yet another one of his lavish properties for sale. This time it’s an unfinished 6,000 square foot duplex on the 18th and 19th floors of the under-construction Plaza Residences in the New York City (located in building formerly housed the famous Plaza Hotel). Priced at $50 million, with an additional monthly liability of $11,340 for taxes and maintenance, Hilfiger hopes to make a killing on the apt. which he purchased in July of 2008 for just over $25 million.
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September 9th, 2008 by BallerHouse

Today, Italian luxury goods maker Salvatore Ferragamo announced its foray into the residential interior design business, signing on to take down several luxury penthouses in Dubai’s Pentominium building, which is set to be world’s largest purely residential tower at nearly 1693 feet.
While Ferragamo is far from the first fashion house to expand into the residential interior design market, company executives see the move as a smart step in the right direction for the brand. And although we’ve yet to see how Ferragamo’s style translates into home interiors, we’d have to agree as far as the Pentominium deal is concerned. With 120 penthouses planned for the Pentominium project, unique units in the tower should move rather quickly.
Developed by Trident International Holdings of Dubai, the Pentominium is scheduled for completion in 2012. Each floor in the tower will be a single penthouse unit (app. 6,500 sq. ft.) with ocean views. Residents will enjoy 24-hour butler services and use of Rolls Royce cars and Azimut yachts. Standard units are priced at approximately $5.3 million. No word yet on how much the Ferragamo Pentominium penthouses will fetch.
For more information on the Pentominium, visit the official website. [via Reuters]
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August 29th, 2008 by BallerHouse
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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