Showing posts with label luxury market. Show all posts
Showing posts with label luxury market. Show all posts

Tuesday, April 29, 2014

The luxury real estate market is roaring back - but will you tame it or get bitten?


In our wild jungle of real estate, the luxury home niche is definitely the lion, king of all the land.  The days of high-priced homes sitting vacant and gloomy are certainly gone, as a recent survey by Realtor.com reports that 13% of consumers are ready to buy a luxury home.  That data comes from the total number of home shoppers, as we see our real estate market transition from recovery mode to red hot, once again.   Another 26% of poll respondents are considering purchasing a high-end home, typically priced at $500,000 or above, though price tags vary per location.  That leaves only 61% of transaction-ready homebuyers who are NOT considering purchasing a high end or luxury home, an astounding statistic.

Why is that so relevant?  As we found out with past real estate booms, a huge market factor is consumer confidence, and all evidence points to huge confidence in the market.  When that happens, prices always follow – great news for the housing portion of our total real estate recovery.  Even as interest rates rise a little as the Fed backs off intervention, a forecast of stabilization is fantastic news.  It’s also great news for sellers, who are looking to move their luxury or high end home, sell and then upgrade, or even sellers of more modest homes who can match some of the amenities found in luxury homes to make their homes more attractive. 

The Realtor.com survey revealed that valuable of the respondents who were ready to buy a home:

The reasons buyers started their high end or luxury home search:

19% attributed recent career success to why they initiated the home buying process.
A substantial 17% were buying because they were newly retired. 
14% said they were buying as an investment.
12% were buying their first home, a high number in the high-end market.

The biggest challenge high-end and luxury homebuyers cited:

40% said that finding a property that met their family’s needs was a challenge.
20% said the limited number of properties offered was an issue.
11% said properties had limited universal appeal.
8% cited challenges with getting a mortgage loan.

The most important features of a home they considered for their luxury purchase:

54% said having a chef’s kitchen was important.
44% wanted a home with a view of the ocean, mountains, cityscape, etc.
Interestingly, only 38% said the square footage of the property was a key attribute, a number that is probably much lower than home buyers only five or ten years ago.
36% wanted an expansive master suite.

What about those 61% of respondents who did NOT want to buy in the high end or luxury market?  If they had the means to purchase in that market, they’d look for a home with a great view and a chef’s kitchen, but also outdoor living amenities and a pool.  Waterfront homes would be the most desirable, followed by countryside and then in the mountains. 

A lot of top shelf home buying is taking place in the Northeast and South Atlantic coastal states, but 15% of luxury homebuyers are currently looking in California, Oregon, Washington, or Hawaii.  The number of California homes selling for $2 million or more reached an all-time high last year.  In year over year appreciation from 2012 to 2013, Los Angeles saw 14% appreciation and San Francisco 10.4% - big movement on already big numbers in a market where fewer buyers and a delayed wave of foreclosures softened things.  This year alone, price reductions on luxury real estate listings have totaled 14% as inspired sellers compete for luxury buyers.  Of course, that’s great news for high-end homebuyers, who can basically but 20% more home for the same price tag as they did only two years ago.

There are several reasons for that – jumbo loans are gaining in prevalence and popularity again, and interest rates on these high-dollar homes are favorable.  A strong job market among metropolitan areas is another factor.  International buyers are playing a big part, particularly Chinese investors who are snatching up luxury homes, vacation homes, and commercial properties.  From April 2012 to March 2013, international transactions tallied $68.2 billion, accounting for 6% of all U.S. home sales in dollars and more than 4% of total transactions.  63% of these are all cash deals and international buyers spend more, too – an average of $354,000 per home compared to $228,000 for their domestic counterparts. 

What does this all add up to?  Great news for luxury homebuyers, who are in position to take advantage of the perfect storm of market factors to obtain their dream home.  And for sellers, don’t try to stick a sign in your front yard and hope that high-end homebuyers show up to your open house – luxury homes should be listed and marketed differently than just any house.  Buyers are more tech and Internet savvy, put far more diligence into their decisions, and negotiate aggressively.  It takes an experienced agent who specializes in the luxury market to sell your home effectively and for top dollar. 

Contact us if you're interested in buying a high-end home or selling your luxury property.

Saturday, March 1, 2014

Luxury home foreclosures mean bargains galore for some buyers.

When you think of foreclosed homes, you never envision this: Albemarle, the super luxury mansion in Charlottesville, Va., recently went on the auction block after its owner, billionaire-wife Patricia Kluge, defaulted on the properties loan.  The 45-room estate, including gun room, helipad, wine grotto and of course a silver vault, was once valued at $100 million, but Bank of America snatched it up for a pittance, $15.3 million. 

As of late, this story of property riches to rags is becoming more common as foreclosure in the ultra-high-end segment of real estate have jumped by 61% since just last year.  Also called the “super luxury” market, it’s defined by homes worth more than $5 million, owned by some of the wealthiest people in America.  That adds up to unprecedented opportunities for buyers in the upper echelon of our real estate market, who see mansions and estates with price tags a fraction of what they’d expect to pay only a few years earlier. 

That 61% increase in super luxury foreclosures comes at a time when overall foreclosures are way down – falling 23% in that same timeframe.  So the high-end wave of defaults is occurring at the 11th hour, as almost every sector of real estate worked through most of their defaults and foreclosures since 2008’s market crash.  But the luxury market always remained bulletproof in the past, with very few foreclosures up until now.   As of 2010, foreclosures were still a middle class issue, with less than 1.5% of the 38 million foreclosures on properties with million dollar loans or more.

There’s a bigger story behind that 61% increase, however.  Many owners of high-end foreclosures have been in default for a year or more before the bank takes action.  Wealthy homeowners typically have the means to stay current on their mortgages but they also have far greater leverage when negotiating with the bank, that know it’s much harder to resell a luxury home if they took it back – and more costly. 

Recent surveys reveal that nationally, more than 1 in 7 homeowners with a loan of over $1 million are at least 90 days behind on their loan, compared to 1 in 12 for all homeowners.  In addition to the lag times of foreclosures on such opulent homes, it’s believed that wealthy people are more likely to walk away from their mortgage obligations based on calculated business decisions.  Another contributing factor is the changes in the mortgage lending landscape.  Jumbo loans and super jumbo loans have been clipped to near-impossible availability compared to the height of the real estate boom, so banks know there are few possible buyers for these properties, and they’ll expect huge discounts.  The result is luxury homes around the country with asking prices 50% or more below the former price tag.

Analysts also point to indications that the banks are healthier now as well as seeing rampant real estate appreciation, so they’re finally able to address the albatross of super luxury defaults and absorb those losses.  They can add up much bigger than just a loss on the sale because these properties often have significant damage from vandalism and lengthy vacancies, high costs to hold and maintain the properties after the foreclosure process, and steep tax bills and sometimes lawsuits or liens.

Where are these super luxury deals?  California and Florida mostly, with those two states accounting for more than 50% of all multi million dollar listings nationally.  The Miami-Fort Lauderdale has the highest number of those foreclosures with the Los Angeles-Long Beach area second.  What’s remarkable is that Miami saw a 488% increase in foreclosures overall while L.A. experienced only a 3% bump.  Beverly Hills, the 6th most expensive zip code in the U.S., saw a whopping 700% increase of foreclosures on homes over $2 million in the last years.  Between 2009 and 2010 total U.S. foreclosures only jumped 2% but homes worth $3 million and up saw a 35% increase in the 90210, 56% in Laguna Beach, and 65% in Pasadena.  Other areas that have experienced this same trend are prestigious areas of Atlanta, Orlando, the NY City area, and some pockets of New Jersey and Pennsylvania. 

While our Sacramento and Placer County have far less super-luxury, or even million dollar listings, the same ripples can be seen in the pond of our high end of our market.  There is no better time for buyers who are looking to cash in on the wave of foreclosures, defaults, and short sales on the nicest homes money can buy.  They’ll just need a lot less of it these days.   









Tuesday, January 14, 2014

Are drones the future of real estate and private business in the U.S.?


The strange aircraft hovers outside your front door, floating twenty feet off the ground with the buzz of a lawnmower engine.  It’s camera eye whirls toward you and registers what it sees for a moment before speeding up and moving on down the street.  What was that thing?  A super hi-tech model airplane?  Are we under attack by flying robots?  Or was it a UFO manned by little green aliens?!!!

No, it was a drone, or "UAS," Unmanned Aerial System as industry-folks call them, and this scene wasn’t something out of a sci-fi movie but something you might see in every day in your neighborhood in the near future as drones are starting to be used in everyday life for a multitude of commercial applications – including real estate.
Yes, drones are even being used to sell homes as real estate agents try to get a leg way up on the competition by utilizing them for aerial photography and virtual tours to promote their high-end listings.

Of course, drones have a certain stigma, as they were first developed as military technology that could offer recon intelligence or deliver a deadly aerial strike without putting soldiers in harms way.  The controversy of drones in military use aside, it seems their future has far more to do with business and every day life.  But no one expected the industry of real estate sales to lead their charge into normal society.  Real estate brokers using military tech that cost millions of dollars to develop to sell your home?  It’s a fascinating example of the tail wagging the dog. 

Sure enough, some agents are using drones to sell their listings.  We’re not talking about a $150,000 3 bed/2 bath listing in a working class neighborhood, here – drones have mostly been used to market million dollar luxury homes.  They actually fly the drones into and the homes and film the whole thing, an above-eye-level virtual tour that is more NASA than stagnant photos with a dinky digital camera.  They can even fly around the house, through the yard, and of course go as high as necessary to produce stunningly-detailed and unique birds-eye views of the property never seen before.  Drone-shot aerial footage is particularly snazzy when you have grand entranceways, great rooms, and expansive back yards that can be viewed from story-high vantage points.  The video footage is then collected and edited into a polished Hollywood-style trailer used to build excitement and build a buzz about the property.  In the past, some eager Realtors have hired helicopters to circle and shoot footage of their super-listings, but the expense is prohibitive, access is restricted by the flight plan, and the footage comes out so loud and choppy that it needs considerable editing.

Realtors who specialize in ultra-luxury listings from Maryland to California to Vancouver, Canada are already using these drones to market their listings – and separate themselves from the pack.  But it’s not without controversy – as the legality of drones in commercial use is a huge grey area that is being refined and articulated as we speak by the FAA, Federal Aviation Administration. 

The real estate agents say they are sticking to the rules, only using the drones on private property and keeping their flight paths below 500 feet, just like a model airplane, but the FAA doesn’t see it that way.  In Vancouver, Canada’s high-end market, the realtors have to take out a special permit every time they intend to use the drone, and even submit a flight plan. 

Drone technology has evolved remarkably as it hits the private sector.  The size of drones varies from the size of a model airplane to bigger than a person, and the cost can be anywhere from $1,000 to up to $20,000.  Piloting it is another challenge.  Some are easy to use and can be operated remotely with a remote control device or through a touchpad on your cell phone, but others are more difficult and recommend you use an experienced drone “pilot” to operate the craft so it doesn’t smash into a tree or fly out of range and become lost.  The latest drones, perfected by pimply-faced tech wizards not military personnel, can be so small they fit into your pocket, and even look like somewhat mechanical insects or humming birds. Others are more standard model aircraft or mini-helicopter variety. 

So why the sudden push of drones into commercial use?  Maybe we can attribute it to the axiom “There is nothing as powerful as an idea who’s time has come,” or refer to the lineage of government and military inventions that have shifted to practical use by ordinary citizens from LSD to the Jeep, but in this case, Amazon.com had a lot to do with it, too. 

The online book, movie, and everything-else retailer announced in December that it would start testing “octocopters,” that could potentially deliver packages to customers.  Instead of sending off the copy of “Harry Potter” you just ordered via a traditional UPS or post office method, where it’s trafficked between warehouse, shipping center, airplane, and then delivery truck fighting traffic and wasting gas, the largest online vendor would just attach it to a drone, plug in your address, and fly it on out to you remotely with a drone, landing at your front door in as little as 30 minutes.  They expect to see widespread use of drones for their deliveries in the next 4-5 years, but it very well could “take off” much sooner than that. 

Other companies are quickly taking note, and doing business via drone could quickly become the new normal.  Once one company starts utilizing drones, all of their competitors will surely scramble to keep up, both in perception and increasing the efficiency of distribution. 
Already, the we can smell the gun powder of a drone-phenom boom coming our way – the President of Wired Magazine dropped out to start his own drone company; a British company is offering drones that can follow you around (via your mobile phone’s signal) and shoot a personal documentary for those who are narcissistically-inclined; a Bay Area startup wants to utilize the first “taco drone” to usurp the taco truck; and an upcoming beer festival in South Africa plans to use drones to deliver beer to its concert patrons!   Heineken-by-hovercraft aside, the dawn of a new age of aerial tech is irrefutably upon us.  In fact, upcoming regulation rulings not withstanding, the Federal Aviation Administration anticipates there will be 7,500 commercial drones operating domestically by 2018. 
Others in the private sector say those numbers are pedestrian and lack vision, and we can probably add a “0” or two to that estimate.  The Association for Unmanned Vehicle Systems International (AUVSI), which is an advocacy group for the budding industry, is actively lobbying lawmakers to allow drones in commercial use for farmers, delivery companies, Hollywood moviemakers, and many other industries.  They expect that if new regulations open the way for private drone use in business, commercial entities will grow nearly 600 percent by 2025, worth more than $82 billion, and create 100,000 jobs in the process.
Since we’re talking about the FAA, that big agency with three little initials, how exactly do they feel about drones on our streets and in our air space?  Currently, the letter of the law is that drones are prohibited from being used for explicitly commercial purposes.  But everything from their jurisdiction to the definition of Unmanned Aerial Systems is on the table for debate. 
Some claim that drones are still unregulated by the FAA, but in reality they have strict rules on any craft that flies above 50 feet.  The government body has already made it clear that drones are not to be classified as merely model airplanes.  No permits have been issued for them to fly like in Canada, but the FAA has issued over 1,000 waivers from 2009 and 2012 to public entities, including law enforcement, to operate drones.
Very soon, the i’s will be dotted and the t’s, crossed, as lawmakers and the FAA draft a new proposal that sets to clarify the rules as Congress mandated the integration of drones into U.S. airspace by a 2015 deadline.  They are currently accepting proposals for six new drone testing facilities to aid in drafting their regulations.  It’s expected that the FAA sets to regulate any drone under 55 pounds (commercial airline rules will take over for bigger vessels) some time in 2014.  As is, they don’t sanction flying drones outdoors for business purposes, and can impose heavy fines if operators fly drones in a “careless or reckless” manner.

And how can we blame them – imagine a world where the skies are dark with these unmanned flying objects, bumping into each other, stopping traffic, crashing through billboards and trees, and generally causing mayhem.  In September, a Government Accountability Office study concluded that drones are not yet able to avoid other aircraft and that there are serious “concerns about national security, privacy and interference with Global Positioning System signals." 
There are also huge fears that universal access to drones will cause a host of privacy and civil rights violations.  Catherine Crump, attorney with the American Civil Liberties Union, expresses concern “that Americans will be subject to persistent aerial surveillance every time they leave their homes."  In fact, right now drones are being used by the Department of Homeland Security for border security and port surveillance.  The possibilities to expand anti-terrorism and crime-fighting efforts are endless, and perhaps comforting.  But dark clouds quickly blow over that sense of comfort as the use of drones becomes more nefarious.  Law enforcement agencies have already inquired about using drones for police surveillance, unmanned ticketing and fining, and possibly affixing a Taser or chem grenade to a drone to apprehend dangerous criminals with no human risk.  The Defense Department is “assisting” the FAA in drafting the necessary regulations by the 2015 deadline, which lends us to think they’re trying to keep their hands in the drone pie even as it surpasses military application into privatization. 

Of course, with any new technology we have to juggle the good and bad implications of its use (think: cell phones, computers, and splitting the atom!)  But there is also a huge upside for philanthropic purposes to serve humanity.  Drones can go where human beings (and helicopters) cannot – faster, cheaper, and endure and weather and harsh conditions with little concern.  Farmers want to monitor their land and cattle, miners could use them to explore the safety of caves, missing hikers could be found, endangered wildlife tracked and protected from poachers, medicines distributed to remote villages, firefighters can send in drones to measure hot spots in burning buildings and deliver oxygen or fire shields to those who are trapped; the potential to help goes on and on.  Already, Canadian police used a drone to locate and then treat a man who had been hurt in a car accident in a remote, inaccessible area, saving his life. 
It’s hard to even imagine the cornucopia of benefits that could come from the use of drones in everyday life, but for now it’s relegated to tech geeks, hobbyists, early innovators…and a few real estate agents in ultra-luxury markets.  So if you happen to be at a million dollar open house and a little drone flies up to you with a plate of cookies and sign-in sheet, you’ll realize that it’s a sign of things to come – the new normal in business over the next 5 years – and the future of technology in real estate.  

Wednesday, October 16, 2013

12 Amazing pro athlete homes.


There are plenty of beautiful homes for us to gape at from afar, but professional athletes take the cake when it comes to luxury real estate.  With contracts sometimes up to tens of millions of dollars a year, these young, bold, and sometimes ego-driven stars acquire palatial estates without a trace of modesty.  Here are 12 of the nicest athlete's homes in the United States.  

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David Beckham 

The soccer star and international sensation paid $18 million for this Beverly Hills castle.  


Alonzo Morning.
The retired NBA center with the huge heart resides in this 13,000 square foot Coral Gables home, complete with 8 bedrooms, 8.5 baths, library, gym, and infinity pool.


Lebron James, Miami
 King James is the toast of Miami - and the NBA, and his 12,000 square foot, beachfront home in Coconut Grove, Florida reflects that.

Floyd "Money" Mayweather.
The undefeated and brash boxer spends his millions even faster than he runs his mouth, but this Las Vegas estate backs it all up.


Sugar Ray Leonard
 Modest by pro athlete standard, the boxing legend's 4,200 square foot home in Dana Point, California, is as classy and smooth as he was in the ring.


Barry Zito
Professional athletes get paid well, but no one is better compensated than baseball pitchers.  Barry Zito celebrated his mega contract by purchasing this 7,116, $11.5 million estate in Kentfield, California.



Derek Jeter
The classy captain of the New York Yankees has a beautiful residence in New York, and also just finished construction on a 7 million $ mansion in Tampa, Florida. 

 

Jason Terry

The diminutive NBA speedster has bounced around in his career, but chose to buy his $1.9 million, 6,325 square foot mansion in his first home, Atlanta.


Amare Stoudemire
The New York Knicks star power forward spent the 2011 NBA lockout season investing $3.7 million in this 14,55 square foot house in Florida.  


Chad Ochocinco
Chad, who legally changed his last name to match his #85 jersey while playing for the Cincinnati Bengals and others during a lucrative NFL career, has decked out his Florida mansion with aquariums worthy of Sea World! 




Tom Brady.
The New England Patriot's quarterback, one of the best ever, built a 22,000 square foot mansion in Los Angeles for him and his supermodel girlfriend, Gisele Bundchen.


Shaquille O'Neal.
The 7 foot, 350 lbs. retired NBA basketball star calls Sudbury, Mass. home, complete with a 3-hole golf course!  



Monday, October 14, 2013

15 Super luxury kitchens that will take your breath away.


Iconic architect and artist Frank Lloyd Wright once said: 

"Form follows function - that has been misunderstood. Form and function should be one, joined in a spiritual union." 

That sentiment has never tolled more true than in the kitchen, the most frequented communal room in our homes.  More than just preparing and eating meals, the kitchen is, at its essence, a place to celebrate nourishment, bounty, and the blessings of family.  So here are 15 super luxury kitchens around the country that take Frank Lloyd Wright's words to a whole new echelon of artistry!  

Content and photos largely provided by Forbes magazine and HGTV.  



Credit: Design by Todd Huschka of Studio Snaidero Wisconsin. Photo by Landmark Photography.

Futuristic Kitchen


Designed by Pininfarina, the same firm that designs Ferraris, this kitchen's showstoppers are the high-gloss metallic-finish cabinets and the "acropolis," an aviation-inspired workspace made from recycled aircraft aluminum and stainless steel. The acropolis features a large Foster sink, a four-burner electric Foster cooktop, bottle and knife holders, and plenty of storage and cooking space. A control panel in the acropolis also controls the audio and visual components for the entire house. Good things come in twos: refrigerators, dishwashers, freezer cabinets and ovens.



Credit: Design by Todd Huschka of Studio Snaidero Wisconsin. Photo by Landmark Photography.

Light and Airy Kitchen for Entertaining

A spacious conversation area adjacent to the kitchen is great for entertaining. The shiny stainless steel and high-tech look is repeated here with a fireplace and clerestory windows for ample lighting. Outside the windows is a two-sided waterfall, a flowing contrast to the smooth steel of the kitchen.




Credit: Design by Amy Finley of Finley Design. Photo by Glen Cormier.

Minimalist Kitchen


This kitchen, designer Amy Finley's own, is all about commonsense. The kitchen is the gathering place for her five children and for weekly dinners with extended family. Things stay hot in this minimalist kitchen with custom La Cornue appliances, radiant-heated limestone floors, a stainless steel meat counter and hidden warming drawers. The ceiling centerpiece, commissioned metal artwork by a famous artist from Venice, Italy, was specifically designed to diffuse the bright San Diego sunlight from the skylight.



Credit: Design by Amy Finley of Finley Design. Photo by Glen Cormier.
Onyx and Light Kitchen
Who needs wall art when you have 1,900 pounds of onyx countertops illuminated from within by 1,600 LED lights? Beyond this bright island is an espresso bar, directly under a set of display shelves for porcelain coffee cups and saucers. Designer Amy Finley says, "It's a rule that everyone has to be involved in cooking the food, which is never a problem with all the countertop space, sinks and smart design. Everyone loves to cook in my kitchen when they come over. I feel really spoiled — I get to live in it every day." This kitchen is proof that less is definitely more.


Credit: Design by Gregg Johnson @LGD Design and homeowner Zetta Stam. Photo by Photography by Rebekkah.

Rustic Kitchen

A cedar tree is the focal point of this kitchen, with lighting fixtures hanging between the upper branches near the ceiling. But even more impressive are the things you don't see. Electrical outlets and an exhaust panel are hidden within the granite and pop up at the push of a button. Add to that a built-in cutting board, a wine storage area, Wolf double-stacked convection ovens and an incredible lake view while standing at the kitchen sink, and you've got one amazing rustic kitchen.




Modern Kitchen
Built-in conveniences are top priority in this high-gloss modern kitchen: a docking station for electronics and a built-in dog-feeding station are just the beginning. Two islands — one with a programmable backsplash that changes colors — are equipped with two dishwashers, three appliance garages and a trash compactor. So where's the food? Inside all those maple cabinets. Built-ins within the maple cabinets include a coffeemaker, a second oven and a microwave with crisping pan, which will crisp french fries and even bake chocolate chip cookies.






Credit: Design by Rick Fahmie of Kitchen Expo. Photo by Brady Architectural Photography.

Victorian Kitchen

A pre-existing curved wall served as a springboard for the design of this ornate Victorian kitchen. Step back in time with spherical cabinets, armoires that hide two refrigerators and two curvaceous islands prepped for cooking. Carved lions, leaves and grapes on maple and cherry wood surfaces took nearly eight months to complete, and the details give the kitchen a traditional, lived-in flair, while still being functional. The final look is reminiscent of 19th-century craftsmanship.



Credit: Design by Troy Adams of Troy Adams Design. Photo by Doug Hill.

Asian-Chic Kitchen

This Asian-inspired kitchen is earth-friendly, right down to the granite and lava stone counters that emit zero toxins. Low-VOC paint, bamboo flooring and stainless steel appliances round out the eco-chic look. The two-tiered breakfast bar, modeled after a sushi bar, has a red lazy Susan to allow for family-style meals, and a traditional shoji screen conceals storage and pantries.


Credit: Design by Jerry Hoffsmith of Colonial Craft Kitchens Inc. Photo by Bryson Leidig.

French Colonial Kitchen

This kitchen was designed for efficient cooking, and it looks fabulously French doing it. Designed to evoke the French Colonial period, its 10-foot ceilings, emblematic arches and intricate woodwork would have made Louis XIV proud. A decorative armoire, topped with iron pieces imported from Italy, hides the refrigerator, and a two-tiered Madura Gold granite island features a wet bar and two integrated white ovens. The island also features a raised seating area perfect for gatherings.


Credit: Design by Joanne Hudson of Joanne Hudson Associates Ltd. Photo by Jeffrey Totaro Photographer.

Family-Friendly Kitchen

With enough room for 130 guests, this open kitchen and joint family room is stocked for entertaining, complete with a rolling pizza cart and a room designed around the pizza oven. Twelve-foot marble islands and limestone floors ooze luxury and Tuscan style, while the appliances leave out no cooking option: six ovens, a wine cooler, and two dishwashers, refrigerators and warming drawers. Furniture can be rearranged around the 6' x 6' terra-cotta tiled fireplace.


Credit: Design by Heather Hungeling, Clive Christian, Atlanta and W. Mark Hulsey and J. Scott Hall at Hulsey-Hall Interiors, Inc. 
Photo by John Haigwood.

English Classical Kitchen

No traditional feature is spared in this incredibly custom kitchen, right down to drawer and cabinet compartments lined with leather. Spot the carved lion's head above the custom mural, which features the homeowner's own house among vineyards. Rich oak cabinetry built in France covers side-by-side Sub-Zero refrigerators, four freezer drawers and two dishwashers beside the apron sink. Flanking the mural are two pilasters where the homeowner hangs her kitchen towels and hides her dish soap. In the island is a second sink, a Kohler Pro Cook, which doubles as a pasta cooker. For the grandkids, a flat-screen TV pulls down from above the cabinets.


Credit: Design by Heather Hungeling, Clive Christian, Atlanta and W. Mark Hulsey and J. Scott Hall at Hulsey-Hall Interiors, Inc. 
Photo by John Haigwood.
Majestic Traditional Kitchen
The English classical style of this kitchen is carried into the adjoining dining and living areas. All the drawers and cabinets in the kitchen area have built-in compartments, so there's a place for everything, including silverware, china, dishes, pots and pans. A vaulted ceiling with rich wood beams cap off this kitchen's grandeur.


Credit: Design by Jackie Depew of Depew Design Interiors. Photo by Mark Knight

Tuscan Kitchen

Wooden beams, terra-cotta tiles from Italy and hand-painted frescoes of Italian vineyards — this kitchen cooks up Italian flavor from floor to ceiling. But it's the bread warmer and wine cellar that stores up to 1,800 bottles that make this an Italian paradise. Appliances include two Miele dishwashers, a vegetable steamer, a built-in espresso machine and a five-burner Thermador stove.



Courtesy Sotheby’s International Realty

Glass Pavilion

This Santa Barbara, CA home for sale with a price tag of $23.9 million features a galley kitchen adorned with full-length windows and modern, chic features.  Listed by Sotheby's International Realty, this kitchen also has a touch of the traditional - a custom wine room that holds thousands of bottles, the envy of any luxury home owner.  Perfect to enjoy with the view!



Courtesy Sotheby’s International Realty

Northwood

When one thinks of Greenwich, Connecticut, a bastion of old money and colonial distinction, this kitchen may come to mind.  Designer Clive Christian mixed elements of traditional dark woods, modern lighting, and fine granite with a natural-stone arched entrance, drawing elements of the stone-walled lined fields outside.   
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While we might not have the means to redesign our kitchens into these masterpieces, certainly we can replicate some of the design ideas, styles, or use them as inspiration.  So we'd love to hear from you:  How would you like to remodel your kitchen?  
Email us and we'll post the responses!