Notable Luxury Home Sales of 2018: First Quarter
Highlights from the top ten reported sales of Q1, 2018, from the Christie’s International Real Estate global Affiliate network
Hollywood mega-producer Joel Silver’s trophy Malibu estate, an oceanfront retreat on the Hawaii island of Maui, and one of the finest equestrian properties in Australia were among the noteworthy sales from the Affiliates of Christie’s International Real Estate in the first quarter of 2018. 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 2018, visit our online report.
22506 Pacific Coast Highway—Malibu, California
US$38 Million
Sold by Hilton & Hyland Real Estate on March 23, 2018
Hollywood mega-producer Joel Silver’s oceanfront estate on Carbon Beach in Malibu, California
Hollywood mega-producer Joel Silver’s oceanfront estate on Carbon Beach in Malibu, California
The oceanfront Malibu estate of Joel Silver, the producer of action film franchises Die Hard and Lethal Weapon, sold for $38 million in March 2018. The luxurious main residence offers open-plan living spaces with magnificent floor-to-ceiling windows, five bedrooms, six bathrooms, and a chef’s kitchen. The three-quarter-acre grounds include a detached guest house, pool, spa, 137 feet of Pacific frontage, and the only seafront tennis court on Carbon Beach. Mr. Silver bought the house in 2003 from the late Robert Chartoff, the producer of Rocky and Raging Bull.
3190 S. Kihei Road—Kihei, Hawaii
US$22.8 Million
Buyer represented by Hawaii Life Real Estate Brokers on February 2, 2018
3190 S. Kihei Road in Kihei, Hawaii
3190 S. Kihei Road in Kihei, Hawaii
3190 S. Kihei Road in Kihei, Hawaii
A private beachfront retreat with 130 feet of oceanfront on Maui’s world-famous Keawakapu Beach sold for $22.8 million in February. Realtor David Richardson of Hawaii Life Real Estate Brokers represented the buyer. The newly constructed 9,843-square-foot, five-bedroom, seven-bathroom residence offers dazzling sea, sunset, and island vistas. A façade of beautiful coral stone is punctuated with vast windows, sliding glass doors, and trim crafted from mahogany. The steel frame interior and soaring ceilings of up to 23 feet provide a flowing, open floor plan. A 500-bottle climate-controlled wine room, ADA-approved elevator, media room, double-island gourmet kitchen, caretaker’s quarters, pool and spa, and a gated entrance are among the outstanding amenities.
Fernhill Estate—Mulgoa, NSW, Australia
US$20.9 Million
Sold by Ken Jacobs on March 7, 2018
The historic Fernhill Estate in Mulgoa, New South Wales, Australia
The historic Fernhill Estate in Mulgoa, New South Wales, Australia
The historic Fernhill Estate in Mulgoa, New South Wales, Australia
The historic Fernhill Estate in Mulgoa, New South Wales, Australia
The historic Fernhill Estate in Mulgoa, New South Wales, Australia
One of New South Wales’ oldest and most significant landholdings, the Fernhill Estate was bought by the NSW government for A$27.25 million (US$20.9 million) in March 2018. The historic 946-acre property, which overlooks the picturesque Mulgoa Valley, is less than an hour west of Sydney. At the heart of the estate is a magnificent circa-1845 Greek Revival mansion built from local sandstone. Fernhill is renowned as a premier equestrian and events facility. The estate has been home to champion racehorses and is recognized in all three Olympic disciplines: show jumping, dressage, and eventing. The world-class amenities include a manager’s cottage, grooms’ quarters, a 2,400-meter horse-racing track, stables, a pool, and several lakes.
