Luxury Market Trends & Research Property Market Insights Significant Sales

Notable Luxury Homes Sales of 2020: First Half

Highlights from the top reported sales of the first half of 2020 from the Christie’s International Real Estate Global Affiliate network

The top first-half sales reported by the Affiliates of Christie’s International Real Estate featured homes with unique history, provenance, beauty, and luxury. Among the sales were the cliffside summer retreat of American author and Pulitzer Prize-winner Edith Wharton, a rare Aspen penthouse, a Hawaii compound used in an Academy Award-winning film, a Texas state landmark, and several sumptuous waterfront estates.

Weke Road—Kauai, Hawaii
Sold by Neal Norman of Hawaii Life on April 17, 2020

Formerly owned by James Jannard, the founder of Oakley eyewear and apparel company, three properties along Weke Road on 1.72 acres of land sold in an all cash deal. The three oceanfront homes combined have 10 bedrooms and eight full bathrooms. One of the homes was featured in the George Clooney movie The Descendants.

446 North Lake Way—Palm Beach, Florida
Jim McCann of Premier Estate Properties represented the buyer on April 24, 2020

This Mediterranean-style home sold for the second highest price of any lakefront property (not including ocean-to-lake) in Palm Beach history. The property has six bedrooms and 13,451 square feet of indoor-outdoor living space. Contemporary design and custom finishes are seen throughout the residence, notably a floor-to-ceiling glass wine cellar that serves as a divider between the living and dining rooms.

1063 North Ocean Boulevard—Palm Beach, Florida
Sold by Jim McCann of Premier Estate Properties on April 30, 2020

An art collector’s dream, this direct oceanfront home with mid-century modern design features broad views of the Atlantic Ocean. The residence is set elegantly on an elevated parcel with 119 feet of beachfront. The floor plan flows perfectly for indoor-outdoor living and entertaining. Two en suite bedrooms on the second level are among the home’s six bedrooms. The property also has a four-car stacked garage.

516 North Ocean Boulevard—Palm Beach, Florida
Sold by Jim McCann of Premier Estate Properties on June 12, 2020

516 North Ocean Boulevard in Palm Beach, Florida

Ocean views and luxury amenities make this Mediterranean-style home ideal for entertaining. The residence features a media room with full bar, formal dining room for 10, and a gourmet chef’s kitchen with marble island and top-of-the-line appliances. Beachside living is enhanced with an oversized heated pool, a cabana with bathroom, and a covered patio for poolside dining. With five bedrooms and seven full and two partial bathrooms, 516 S Ocean Boulevard also boasts an elevator to move between floors.

1777 Galleon Drive—Naples, Florida
Sold by Frank Sajtar of William Raveis Real Estate on June 30, 2020

1777 Galleon Drive in Naples, Florida1777 Galleon Drive in Naples, Florida

This unique waterfront property in the luxury enclave of Port Royal features a contemporary minimalist design. With a 77-foot glass-tiled pool, an outdoor kitchen, and a firepit, it is perfect for outdoor gatherings year-round. A boater’s dream, the property has a deepwater dock with boating access to the Gulf of Mexico in minutes. The home also has access to the exclusive Port Royal Club, which offers beachfront dining, fitness and spa services, a world-renowned tennis program, arts and culture.

630 E Hyman Ave #301Aspen, Colorado
Jennifer Banner and Mark Haldeman of Christie’s International Real Estate Aspen represented the buyer on March 23, 2020

This property was Aspen’s most expensive penthouse sale to date. Situated in a prime downtown location with views of Aspen Mountain, the contemporary three-bedroom, four-bathroom penthouse is unique as Aspen city regulations prohibit the development of new penthouse properties. With floor-to-ceiling glass windows and doors that open to a wraparound outdoor deck and access to a private rooftop, the home is designed for entertaining.

Lands End—Newport, Rhode Island
Sold by Kendra C. Toppa of Lila Delman in April 2020

Lands End was the summer residence of American novelist Edith Wharton, the first woman to win a Pulitzer Prize, for The Age of Innocence in 1921. This historic Newport, Rhode Island, estate is perched upon a clifftop at the tip of Aquidneck Island, where the land meets the ocean. The 12-bedroom, nine-bathroom home also features a chef’s kitchen, flower room, study, billiards room, eight working fireplaces, and a saltwater pool and a pool house.

Baldridge House—Fort Worth, Texas
Sold by Eric Walsh, Rick Wegman, and John Giordano of Ulterre on June 4, 2020

One of the oldest and most venerated estates in all of Texas, Baldridge House was built in 1910 over a three-year span for banker Earl Baldridge. The 11,725-square-foot, six-bedroom home has undergone significant renovations since its construction, all the while maintaining the architectural integrity of the original design. In 1978, Baldridge House was designated as a Texas landmark, cementing its standing as one of the state’s most historically significant properties.