February 16, 2016 / Market Insights

Top 2015 & 2016 Real Estate Sales

The Christie’s International Real Estate global Affiliate network reported a number of record-breaking sales throughout 2015. From Bel-Air to St. Barts, we highlight a sampling of significant sales from our Affiliates around the world.

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Magnificent architecture, rare history and provenance, celebrity buyers and sellers, and record-breaking sale prices are among the highlights of these featured sales below from 2015. While client confidentiality precludes sharing a full list of our network's top sales, these are the notable achievements approved for public presentation. To view more Significant Sales from 2015 and 2016, visit our online report.

View The 2015 - 2016 Significant Sales Report

Fifth Avenue Penthouse – New York, New York
US$70 Million

Affiliate: Brown Harris Stevens Residential Sales
Listing Agent: John BurgerFifth Avenue Penthouse, New York, New YorkA spectacular residence in New York City’s legendary Sherry-Netherland hotel has sold for US$70 million—the second highest co-op sale in Manhattan last year, and the fourth highest ever paid for a co-op in New York City. Brown Harris Stevens participated in both sides of the transaction with John Burger as listing agent for the property and Kathy Sloane representing the buyer.

Located in the heart of Midtown Manhattan, this rare apartment is surrounded by terraces, offering breathtaking views of Central Park and the New York City skyline. Residents enjoy access to the Sherry-Netherland’s five-star hotel services and amenities.


La Mer - Sydney, Australia
AUS$70 Million
Affiliate: Ken Jacobs
Listing Agent: Ken Jacobs

The off-market sale for this vast six-story manse smashed the Australian sales record for a single-family home by almost AUS$15 million. Located in the exclusive Vaucluse neighborhood, La Mer features distinctive soaring arches and a full complement of luxury appointments including a six-meter-high glassed atrium, 20-seat theater, rooftop lap pool, gymnasium, 20-car garage with car wash, and unrivaled views of Sydney Harbour.

In 2015, Ken Jacobs also sold the second-highest priced property ever in Australia, Villa Igiea, for a reported AUS$52 million. Located just down the road from La Mer, and with the same views of the iconic Sydney Harbor, this European-style villa has been long sought after as a rental property for the world’s most famous jet setters and their families.


Liongate - Bel-Air, California
US$50 Million

Affiliate: Hilton & Hyland

Listing Agent: Mia TrudeauLiongate, Bel-Air, CaliforniaAt just under US$50 million, the historic Liongate estate became the most expensive home sold in Bel-Air last year. Past owners include composer and musician Jack Lawrence, and singer-songwriter Kenny Rogers, who named the estate after his interest in astrology.

Situated on nearly two acres of rare private land in lower Bel-Air, the magnificent Italian-revival estate was built in 1938 by world-renowned architect Paul Williams and extensively expanded and reimagined in recent years by local architect Dean Larkin. Liongate was nearly tripled in size and now offers 24,000 square feet of living spaces with 11 bedrooms, 17 bathrooms, four gated entrances, a grand ballroom, salt-water pool, spa, and one of the best private gyms in Los Angeles.


Miami Beach Estate - Miami, Florida

US$33 Million

Affiliate: EWM Realty International

Listing Agent: Nelson GonzalezMiami Beach Estate, Miami, FloridaA Miami Beach mansion, once owned by pop star and actress Jennifer Lopez, was sold to famed musician Phil Collins for US$33 million. Nelson Gonzalez of exclusive Miami Affiliate, EWM Realty International, represented the seller, Mark Gainor.

Originally built in 1929, the European Contemporary–style estate was impeccably reconstructed in 2008, the result is a home that can only be described as “perfection.” The 1.2-acre grounds boast 200 feet of frontage on Biscayne Bay and magnificent views of the Miami skyline. The 12,150-square-foot, seven-bedroom main house is enhanced with a pool and spa, alfresco entertaining areas, and a boat dock. The estate is located on North Bay Road, a highly sought-after enclave known as the Beverly Hills of Miami Beach, within easy access of Miami International Airport, Bal Harbour, and Downtown Miami.


Elegant Tuscan Estate - Montecito, California
US$27.5 Million
Affiliate: Village Properties Realtors
Listing Agents: Rebecca Riskin & PartnersElegant Tuscan Estate, Montecito, CaliforniaThis sale marks the highest price achieved in this luxury enclave since 2008. The beautiful villa—peacefully sited in a premier Montecito location steps away from San Ysidro Ranch and boasting astonishing ocean, island and mountain views—underscores the enduring value of location and fine real estate.

Entered through a romantic courtyard, the special features of the home include media and exercise rooms, a wine cellar, a guest house, pool, spa, 10 fireplaces, and outdoor courtyards. Lush lawns and numerous outdoor spaces overlook endless ocean views creating a peaceful and soothing sanctuary where silence is disturbed only by the rustling of trees.


Brandon Estate - Adirondacks, New York

US$23 Million

Affiliate: LandVest

Listing Agents: Vincent McClelland and Gary BahlkowBrandon, Adirondacks, New YorkThe Brandon estate is the highest-priced property ever sold in the Adirondacks. Chinese billionaire Jack Ma, co-founder of the e-commerce site Alibaba, was the buyer. The one-of-a-kind legacy estate gained worldwide attention from a number of potential buyers, resulting in a sale that exceeded its original listing price. 

Established in the early 1900s, the Brandon estate is a classic Adirondack preserve, and one of only a few remaining in the northeast. The property provides the ultimate wilderness experience with more than 28,000 acres of commercially viable forested land, multiple lakes, and one of the finest brook trout fisheries in the eastern United States.


Palatial Ocean-to-Intracoastal Estate - Florida
US$22.49 Million
Affiliate: Premier Estate Properties
Listing Agent: Jilly CammisaPalatial Ocean-to-Intracoastal Estate - FloridaThe quintessence of resort-style living on South Florida’s legendary Gold Coast, this breathtaking Ocean-to-Intracoastal compound resides in Manalapan’s prestigious Estate section.  Redolent of the grand villas of the Italian Mediterranean seaside, this Palm Beach inspired Estate deftly combines Old World tradition with today’s most advanced construction features and sought-after luxuries.


Fessenden House - Washington, D.C.
List Price: 

US$22 Million

Affiliate: Long & Foster Real Estate

Listing Agent: Nancy ItteilagFessenden House, Washington, D.C.Fessenden House, which was listed for US$22 million, sold in less than six months to an undisclosed international buyer. Offered for sale for the first time since its construction and renowned as one of the grandest homes in the Washington, D.C. metro area, Fessenden House is the area’s most expensive single family home sold in 2015. 

“Fessenden House epitomizes 'architecture as art,' making it an ideal property to be represented by the Christie’s brand,” said Kathleen Coumou, Senior Vice President for the Northeast region.

Capturing the finest elements of 18th century neoclassical architecture, this exquisite residence reflects the inspirations of 18th century architects Robert and James Adams, heralded for their influence on English architecture by adapting a lighter and more refined type of Georgian aesthetic. The magnificent four-level, seven-bedroom main house is sited on landscaped grounds, surrounded by verdant parkland in the affluent Forest Hills area.


Fairholme - Newport, Rhode Island
List Price: 
US$16.9 Million

Affiliate: Lila Delman Real Estate

Listing Agent: Melanie DelmanFairholme, Newport, Rhode IslandA landmark estate on Newport, Rhode Island’s famous cliff walk sold in July—becoming Rhode Island’s largest residential sale since 2013. The sale price and buyer are undisclosed.

Built in 1875, Fairholme is a Tudor-revival masterpiece encompassing 4.3 acres on Newport’s legendary Gilded Age coastline with 425 feet of Atlantic Ocean frontage. The centerpiece of the historic gated estate is a 20,000-square-foot manor house graced with palatial, beautifully restored living and entertaining areas, including a grand Horace Trumbauer–designed ballroom. Fairholme is further complemented by a carriage house, greenhouses, an infinity pool and a luxurious cabana pavilion overlooking the Atlantic.


Little Bokeelia Island - Gulf Coast, Florida
US$14.5 Million

Affiliate: Michael Saunders & Company

Listing Agents: Klaus Lang and Jennifer CalendaLittle Bokeelia Island, Gulf Coast, FloridaA private island off Florida’s Gulf Coast sold for US$14.5 million established a new record for a single residential property sale in Southwest Florida. 

Situated just minutes off the coast of Lee County, between Sarasota and Naples, Little Bokeelia Island is a 104-acre private sanctuary graced with 3.5 miles of white-sand beaches. Accessible only by boat or helicopter, the property includes a Spanish-style estate home, built in the 1920s for inventor Charles Burgess, and an “old Florida” village, complete with charming cottages and a museum.


Sorrento House - Dublin, Ireland
In excess of €10 Million

Affiliate: Sherry FitzGerald
Sorrento House, Co. Dublin, IrelandThe historic Sorrento House was sold last summer—Dublin’s highest sale in seven years. “This benchmark sale is a strong indicator that the Irish market is on the uptick,” says Dan Conn, CEO of Christie’s International Real Estate. “It also underscores the enduring value of prime real estate."

The landmark Victorian residence was restored to the highest standard and includes six bedrooms, a gate lodge, orangery, and terraces overlooking the Irish Sea, on Ireland’s most exclusive stretch of coastline. The property is also distinguished by complete privacy yet is within easy access to the city of Dublin. 


Villa Au Soleil - St Barts, French West Indies

List Price: 
€7.25 Million

Affiliate: Sibarth Real Estate

Listing Agent: Christian WattiauVilla Au Soleil, St Barts, French West Indies
The hilltop estate of Steve Martin, located on the island of St. Barts, sold in November. Villa Au Soleil has served as the world-renowned comedian’s retreat since 2007. Perfectly sited atop a lush tropical paradise in Lurin, Villa Au Soleil is the epitome of Caribbean elegance.

The four-bedroom Colonial-style house captures stunning views of the turquoise bay of Saint Jean, with the islands of St. Martin and Anguilla in the background. The grounds are arrayed with vibrant tropical gardens, a two-tiered infinity pool, and several sun terraces. “Sibarth Real Estate was the agent for the original 2007 sale to Steve Martin, and is now thrilled to have concluded this latest transaction to the satisfaction of both buyer and seller,” says Christian Wattiau, Managing Partner of Sibarth Real Estate.

View The 2015 - 2016 Significant Sales Report

Topics

  • Luxury Market Trends
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