Tuesday, 28 April 2020

Need a Permanent Vacation? Live the Tiki Lifestyle at This Hawaiian Hideaway

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From a living bamboo garden to the hand-carved, double-entry doors of Indonesian wood—plus a koi pond and luxe cabanas—this 9,266-square-foot home near Honolulu could easily be mistaken for a Polynesian resort.

For a buyer in search of a vacation retreat, it might be the ultimate landing spot.

The house itself has all the components of Tiki culture, according to Sean Lopez, listing agent with Elite Pacific Properties. Located on the East end of Oahu, 10 miles from downtown Honolulu, the huge property is listed for $5.4 million.

What is Tiki culture?

“It’s a style originating in California in the 1920s, from travelers that wanted to recreate their experiences of the South Pacific, namely Hawaii and Tahiti,” says Lopez.

The tropical look, he says, “has inspired movies, festivals, architecture, and groups all around the world … from Tiki bars in Oregon … to playgrounds in Germany.”

This six-bedroom, five-bath property was built in 1972 by Don and Josie Over. She starred on the original “Magnum PI,” and he was a Polynesian show producer at the Queen’s Surf, a famous Waikiki night spot.

They lived here with their eight children, and also housed kids from the South Pacific who were receiving medical treatment.

“They had real strong connections to the South Pacific culture,” says Lopez.

Subsequent owners have made numerous updates to the home, but haven’t diminished the vibe.

Updates include adding marble-tiled flooring and stainless-steel appliances in the plantation-style kitchen, and converting a former theater room to a bedroom and living room.

A bamboo garden lies just past the front gate, and a stepping-stone path leads to the double-entry doors, which are hand-carved out of Indonesian wood.

A clear-roof atrium features plants and a koi pond for a courtyard effect—plus rock waterfalls and a stream.

You’ll find koa-wood accents throughout the home, including flame-grained koa panels in the living room. Bamboo was also used in abundance, and is in evidence on walls and trim.

Buildings included in the sale are the main house and poolhouse (connected by a trellised breezeway) and cabana wing (two cabanas connected by a bath), along with a heated pool.

The pool area is decorated in a nautical theme, right down to the rope railings.

Pool

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Living room

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Kitchen

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Indoor courtyard

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One of the bedrooms

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Another bedroom

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One of the bathrooms

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“It’s not often that you get these large parcels of land, especially this close to Honolulu,” says Lopez.

Another bonus: The property hugs Paiko Lagoon, which restricts swimming and boating. In turn, that means less folks traipsing around your home.

“It has a very unique sense of privacy,” adds Lopez

What kind of buyer is the agent targeting?

“I envision the buyer being someone with a deep connection to Hawaii, whether they currently live here or not,” he says.

“Someone who puts an emphasis on tranquility and privacy in their life, but appreciates being able to spread out in their own domain.”

He says he anticipates a lot of interest from buyers from California, the heart of the entertainment industry, and where the Tiki culture started.

“Two of the previous owners,” he adds, “were high-level producers, and this could easily capture the eye of another individual from Hollywood.”

One of the cabanas

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Cabana bath

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One of the two cabanas

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The post Need a Permanent Vacation? Live the Tiki Lifestyle at This Hawaiian Hideaway appeared first on Real Estate News & Insights | realtor.com®.



source https://www.realtor.com/news/unique-homes/tiki-lifestyle-honolulu-home/

7 Homes in Point Roberts: Idyllic U.S. Outpost Is a Perfect Place to Self-Isolate

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Staying away from people is the thing to do during a pandemic.

Isolation from the crowd is a true luxury, and the tiny town of Point Roberts, WA, should be considered for placement atop the list of luxury locales at the moment. For its approximately 1,300 residents, physical distancing is a part of life.

Point Roberts is a pene-exclave—and we won’t fault you if you’re unfamiliar with the term. A pene-exclave is part of one country (the United States), but convenient access to the place is from another country, in this case Canada.

In case you’re wondering, Point Roberts became a pene-exclave in June 1846, when the United Kingdom and the U.S. settled a border dispute.

The Oregon Treaty stated the 49th parallel would divide the U.S. and Canada, but Point Roberts, the tip of a peninsula, lies just south of the line. And although it is attached to Canada, the island would be considered part of the U.S.

Point Roberts

Google Maps. realtor.com

The only way to get to Point Roberts and stay entirely within the confines of the U.S. is by water. To get there by land, you’d need to drive from Washington, cross the border into British Columbia, head north a bit toward Vancouver, then turn back south, go through the town of Tsawwassen, British Columbia, and cross the border back into the U.S. at the Point Roberts Port of Entry. In total, the trek through Canada is about 25 miles.

With borders now closed to nonessential travel because of COVID-19, this trip is now difficult. But it also means you wouldn’t be getting any drop-in visitors. So if you’re looking to cut yourselves off from the American populace and wait the pandemic out in solitude, a few great homes are available in Point Roberts at various prices.

1. 408 High Bluff Dr

Price: $1,995,000
Faces Canada: This high-end home was built in 2010 and offers views of Boundary Bay and Mount Baker. It has four bedrooms, a chef’s kitchen with Wolf appliances, and a main-floor master suite with two walk-in closets.

Exterior

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The home sits on 9.37 acres, has 3,343 square feet of living space, and comes with an oversize three-car garage with room for a workshop.

Views

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2. 1453 Edwards Dr

Price: $791,000
Nature views: The price was just reduced on this waterfront home. You can watch whales play right outside your back door or kayak to your heart’s content. Built in 2005, the 2,276-square-foot home has three bedrooms and two bathrooms. The master bedroom has a fireplace and patio access.

Exterior

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3. 723 Walters Ln

Price: $799,000
Midcentury beauty: Built in 1960, this 1,512-square-foot home sits on a third of an acre and spans two lots. The home faces west, so you can watch the sunset over the water each night.

Exterior

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The three bedrooms and two bathrooms are all on one floor, and large windows highlight the views of the San Juan Islands.

Kitchen

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4. 1484 Edwards Dr

Price: $429,000
Beach access: Enjoy the beach life in this three-bedroom home in the Ocean View Estates community. Built in 1993, it is 2,381 square feet and has two stories with a roughed-in basement.

Exterior

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The living area is on the upper floor and includes the kitchen, dining room, living room, and more. The bedrooms are on the main level, and the views are simply amazing.

Views

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5. 157 Northwood Dr

Price: $419,500
Near the border: This 1,680-square-foot house sits just a couple of blocks away from the border and has three bedrooms and two bathrooms.

Exterior

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The ranch-style house was built in 2007 and sits on a quiet street. Vaulted ceilings and skylights let in abundant natural light. The listing also includes an additional lot for a large backyard.

Wooded backyard

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6. 1469 Gulf Rd

Price: $320,000
Right on Main Street: This house has some history behind it. Built in 1900, it’s served as a home, an office, a retail store, and a distribution center. Currently, it can be used as a single-family home or for commercial purposes. The four-bedroom dwelling sits on almost on acre on the main commercial street in Port Roberts.

Front exterior

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Back exterior

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7. 1966 Raleigh Dr

Price: $237,500
Privacy guaranteed: Sitting at the end of a street with a large yard, this two-bedroom, two-bath house measures 1,200 square feet and was built in 1994. Through the large windows, you can see the city and mountains of Canada. An inviting deck wraps around the house for enjoying the views.

Exterior

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The post 7 Homes in Point Roberts: Idyllic U.S. Outpost Is a Perfect Place to Self-Isolate appeared first on Real Estate News & Insights | realtor.com®.



source https://www.realtor.com/news/unique-homes/point-roberts-perfect-place-to-self-isolate/

U.S. Home-Price Growth Accelerated. Then Housing Market’s Momentum Was Hit by Coronavirus

Andrew Harrer/Bloomberg via Getty Images

Home-price growth accelerated in February to its highest level in more than a year, but the housing market’s momentum headed into the spring-selling season has been reversed in recent weeks by the coronavirus pandemic.

The S&P CoreLogic Case-Shiller National Home Price Index, which measures average home prices in major metropolitan areas across the nation, rose 4.2% in the year that ended in February, up from a 3.9% annual rate the prior month. February marked the highest annual growth rate since January 2019.

The data, which was released Tuesday, is the latest indication that the housing market was set for a robust spring-selling season before the pandemic due to a strong job market at the time and low mortgage rates.

Also on Tuesday, the Commerce Department reported that the homeownership rate ticked up to 65.3% in the first quarter, up from 64.2% a year earlier and the highest level since mid-2013. For households headed by someone under 35 years old, a key source of homebuying demand, the homeownership rate rose to 37.3% from 35.4% a year earlier.

U.S. existing-home sales rose to a 13-year high in February, according to the National Association of Realtors. But sales dropped 8.5% in March, as buyers and sellers pulled out of pending deals or opted to stay out of the market. Economists expect home sales to fall more this month.

As home sales fall, price growth is likely to slow in the coming months, said Danielle Hale, chief economist at Realtor.com. In recent weeks, “sellers are getting much less aggressive, which has led to declines in new listings and kept asking prices flat,” she said. News Corp, parent of The Wall Street Journal, operates Realtor.com.

The Case-Shiller 10-city index gained 2.9% over the year ended in February, up from a 2.6% annual change in January. The 20-city index gained 3.5%, after an annual gain of 3.1% in February. Price growth accelerated in 17 of the 20 cities.

Economists surveyed by The Wall Street Journal expected the 20-city index to gain 3.2%.

Phoenix had the fastest home-price growth in the country, at 7.5%, followed by Seattle at 6%.

A separate measure of home-price growth by the Federal Housing Finance Agency released last week found a 5.7% increase in home prices in February from a year earlier.

The homeownership rate data showed that the number of owner households rose in the first quarter of 2020 from a year earlier, while the number of renter households fell.

In the coming quarters, the homeownership rate could continue to rise if declining economic activity prompts more people to move in with roommates or family members, decreasing the number of renter households, said Mark Fleming, chief economist at First American Financial Corp.

“One of the things we know is in a recession, people in college, people in their early 20s just out of college, really begin to hunker down,” he said. “You don’t run out and form a household when the economic environment is not healthy.”

But the growth in the number of owner households is also likely to slow, said Ralph McLaughlin, chief economist at housing-finance startup Haus. “Some renters who would have bought a house this spring may be having to use their down payment for emergency funds during the pandemic, and as a result, will delay their plans to buy a home,” he said.

The post U.S. Home-Price Growth Accelerated. Then Housing Market’s Momentum Was Hit by Coronavirus appeared first on Real Estate News & Insights | realtor.com®.



source https://www.realtor.com/news/real-estate-news/u-s-home-price-growth-accelerated-then-housing-markets-momentum-was-hit-by-coronavirus/

Kylie Jenner Adds Brand-New $36.5M L.A. Mansion to Her Property Portfolio

Rich Fury/VF20/Getty Images; realtor.com

The social media star and beauty mogul Kylie Jenner has added to her real estate holdings with the purchase of a knockout Los Angeles home for $36.5 million. TMZ first reported on the pricey purchase.

While the luxury estate cost multimillions of dollars, Jenner actually made off with a pretty sweet deal. The brand-new build in the exclusive Holmby Hills neighborhood initially landed on the market last year for $55 million.

The price had recently been reduced to a still pricey $46 million before Jenner snapped it up for an even steeper discount. All told, she was able to knock one-third off the original list price of the opulent abode.

The posh property makes sense for the self-made billionaire, the youngest on the Forbes list.

It features an Instagram-ready layout with 19,250 square feet of living space, seven bedrooms, and 14 bathrooms.

The sleek, single-story compound includes an outdoor projection screen, indoor home theater, bars and game room, a gym, and a sports court.

A chef’s kitchen opens to a family room, and there’s also a formal dining room.

Kylie Jenner’s new spread

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Projection screen and sport court

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Living area

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Kitchen and family room

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Game room

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Along with the main house, the property also features two guest apartments with kitchenettes, and two more guest suites with private patios and entrances.  A dedicated guardhouse comes with a full bath and kitchen.

The grounds include nine covered spaces for Jenner’s cars, as well as an additional 20 parking places.

Aside from the eyebrow-raising cost of the home, we’ve gleaned a few nuggets about her taste in real estate.

Jenner prefers new builds

The reality TV star bought her most recent Hidden Hills estate in 2016, when it was brand-new. She’s also having a vacation retreat custom-built in the Palm Springs area.

With this most recent purchase, she’s bought brand-new yet again. If you’ve got the cash, there’s no need to spend dough on a lived-in home.

It’s not her first buy in the area

According to reports, in 2018, she and Travis Scott, with whom she has a child, bought a home together in Beverly Hills for $13.5 million. The couple continue to spend time together, and this Holmby Hills abode is much closer to 90210 than the less accessible location of Hidden Hills.

From Hidden Hills to Holmby Hills

Just 22, the youngest of the Jenner-Kardashian clan had been involved in multiple real estate deals near her family’s digs. This latest purchase could signal a move out of the Hidden Hills home she has owned since 2016. She certainly put down roots in Hidden Hills.

In 2016, the year she launched Kylie Cosmetics, she also splurged on a home buy or three. She picked up a 7,400-square-foot Cape Cod in Hidden Hills in May 2016 for $6 million, and then sold it two years later for $6.7 million.

Built in 2015, the 7,000-square-foot home had six bedrooms, 6.5 bathrooms, rolling hills, and a pool on 3.15 acres. 

kylie jenner home
Kylie Jenner sold her home in Hidden Hills, CA, for $6.7 million.

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The savvy home shopper also bought the place right next door. She plunked down $4.5 million on a ranch-style home, and it was reportedly intended to be the headquarters for her company. Instead, she sold the place a year later for $5,275,000. 

Jenner’s ranch house sold in 2017

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Next, she bought a third Hidden Hills home for $12 million—which she currently owns. Offering eight bedrooms and 11 bathrooms spread over 13,200 square feet, the estate sits on 1.43 acres.

It includes a gourmet kitchen with two islands, an adjoining great room with sliding walls of glass, a custom home theater, game room with wet bar, spacious gym, and massage room.

The property also includes a guesthouse, pool and spa, as well as an enormous patio with outdoor kitchen, fire pit, and parking for six cars. 

Jenner’s current home in Hidden Hills

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The post Kylie Jenner Adds Brand-New $36.5M L.A. Mansion to Her Property Portfolio appeared first on Real Estate News & Insights | realtor.com®.



source https://www.realtor.com/news/celebrity-real-estate/kylie-jenner-adds-los-angeles-compound-to-property-portfolio/

Monday, 27 April 2020

In Search of the Simple Life? This Cute Cabin in Tennessee Is Mighty Tempting

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If you’re on the prowl for a super-cute second home nestled in the woods, we advise you to head for rural Tennessee.

Located in Athens, TN, which is an hour’s drive north of Chattanooga, this adorable one-bedroom, one-bath log cabin was an Airbnb smash. It’s listed with Mollie Morris of Weichert Realtors SEM Associates. The price? Only $85,000.

That’s a steep dive from the asking price of $265,000 in April last year. Built in 1900, the cabin has undergone a series of price cuts in the past 12 months to arrive at its current discounted price. It last changed hands in 2005 for $160,000, after two months of restoration.

With annual property taxes of only $895, this place is a sweet alternative to a condo with expensive monthly maintenance fees. What’s more, it pays for itself if you don’t happen to be living in it. The average nightly rate on Airbnb is $57.

Although the cabin only covers 609 square feet, you have plenty of room to spread out and chill on the nearly half-acre property. Start with the front porch, which has a custom railing fashioned from branches. There’s also a back porch, with enough room to hold a variety of furnishings for an outdoor living area.

Inside, the rock fireplace in the living room, horizontal planks on the walls, and a railing of branches that fronts the loft make this an artsy retreat. A barn door serves as the front door, painted a burgundy red. There’s a matching door off the kitchen, opening onto the back porch.

Exterior

Living room

Kitchen

Bedroom

Bathroom

Back porch

In the loft, where the bedroom is located, the cathedral ceiling and walls have shiplap-like finishes that are painted a distressed white, for shabby-chic appeal.

The shiplap effect is also used on the kitchen ceiling. The work done on the home has brought it out of rustic and into vogue. Note, for example, the dresser in the kitchen that has been repurposed into a sink stand. A clawfoot tub sits in the all-white bathroom, in acknowledgment of this property’s century-old roots.

If you’re a buyer in search of simplicity and a sweet deal, this tiny Tennessee residence may fit the bill.

The post In Search of the Simple Life? This Cute Cabin in Tennessee Is Mighty Tempting appeared first on Real Estate News & Insights | realtor.com®.



source https://www.realtor.com/news/unique-homes/cute-cabin-tiny-home-tennessee/

A Sneak Peek at Chip and Joanna Gaines’ New Magnolia Network

A Sneak Peek at Chip and Joanna Gaines's New Magnolia Network

Andrew Lipovsky/NBC/NBCU Photo Bank via Getty Images

It’s been two long years since Chip and Joanna Gaines wrapped up the final season of their hit HGTV show, “Fixer Upper,” and fans have been missing them ever since.

Now, at long last, they’re back on TV, offering a preview of what will soon air on their own Magnolia Network!

Owned by Discovery, the Magnolia Network will feature a variety of shows created by Chip and Jo about renovation, design, gardening, cooking, and running a successful business.

“When Jo and I had the opportunity to take on the challenge of running a network,” Chip explains, “we really wanted to make sure that we encompassed all the things that we’re passionate about in our family.”

While the network was originally slated to launch in October, COVID-19 has pushed these plans forward to an unknown date. Nonetheless, Chip and Jo were far enough along in their production process to air a one-time special on Discovery’s DIY Network. (The network will be rebranded as Magnolia once it’s launched.)

Titled “Magnolia Presents: A Look Back and a Look Ahead,” this special gives fans a sneak peek at which shows to expect. Here’s a look at what your favorite renovation duo have been up to!

‘Home on the Road’

Abner and Amanda Ramirez aren’t the average family. They’re living the folk star lifestyle, touring the country with their band Johnnyswim and bringing along their two young kids (and one on the way) for the ride.

Chip and Jo fans will probably recognize Johnnyswim’s hit song “Home” from the opening credits of “Fixer Upper.” But “Home on the Road” will feature so much more than music. Viewers will get a peek into the challenges that go along with balancing kids and career, traveling, and making the road feel like home.

‘Bespoke Kitchens’

Chip and Jo have been known to create some incredible kitchens, but they’re not the only experts when it comes to this home gathering space.

Paul O’Leary and Helen Parker, stars of the new show “Bespoke Kitchens,” are sure to give even the Gaineses a run for their money. Parker is an interior designer, while O’Leary is a furniture designer. Together, they create beautiful, colorful kitchens that feel timeless.

This show is sure to inspire lots of new trends for kitchen renovation.

‘Family Dinner’

Jo and Chip got into the food business with their restaurant, Magnolia Table, so it makes sense that they’d include a show that’s centered around food.

Andrew Zimmern stars in “Family Dinner,” where he learns all about families’ food traditions, discovering the secrets behind every dish from venison to mashed potatoes, cranberry sauce to desserts.

“Whether it’s over Sunday supper, a holiday brunch, or a summer barbecue, families come together over food,” Zimmern says.

‘Restoration Road’

Clint Harp is best known for his furniture creations on “Fixer Upper,” but now, he’s getting his own show. On “Restoration Road,” Harp will be hitting the road in search of the most exciting restorations and renovation projects in the country.

He’ll find old barns and structures, and get hands-on with builders who are bringing old places back to life.

One of those projects is a 270-year-old inn where George Washington once stayed. This historical building will be deconstructed in Pennsylvania and reconstructed in Texas, where it will operate once again as an inn.

‘Growing Floret’

What’s a home without a garden? (Or at least a vase of fresh-cut flowers?)

“Growing Floret” centers on Erin and Chris Benzakein, a married couple who run a flower farm in Washington state. And business is blooming. Their farm is growing from 2 acres to 20, and Erin and Chris are hoping they can keep up.

The show is sure to feature small business successes, floral tips, and lots of fun.

‘The Fieldhouse’

Many of the shows on the Magnolia Network will have some relation to home building and design, but one show, “The Fieldhouse,” is focused on physical health and wellness.

The star of the show, Justin Bane, explains that after suffering a football injury, he became interested in physical training. He decided to open a gym in Waco, TX, which lead to opening a bigger gym in Abilene, TX.

Now, Bane is focused on making people feel better and helping them reach their goals. The show is certain to be packed with heart-warming stories of hard work and overcoming challenges.

‘Super Dad’

 

With Magnolia’s big focus on family togetherness, it’s no wonder the Gaineses created a show just for kids’ projects. “Super Dad” is centered on Taylor Calmus, who loves creating custom toys and playhouses for his kids.

Now, he’s helping other dads to make something special for their families. Talk about sweet!

‘Home Work’

Candace and Andy Meredith have a big family. With her three boys, his three boys, and one little girl they have together, they are a modern “Brady Bunch,” according to Chip and Jo. But this family of nine needs to find a bigger place to live.

Since Candace and Andy have already been restoring old homes together for six years, they think they’re ready to take on an old schoolhouse, turning it into a dream home for their family.

On their show, “Home Work,” they’ll create a custom home that’s perfect for their custom family.

‘The Lost Kitchen’

Food is sure to play a big role on the Magnolia Network, especially with the new show “The Lost Kitchen.”

This series will center around a small Maine restaurant, which shares a name with the show. This restaurant is small and is open for only six months out of the year, so reservations are limited. In fact, the series star and restaurant owner, Erin French, has an unconventional reservation system where she accept postcards from all over, then grants reservations based on these notes.

It’s an unconventional restaurant and likely to be an unconventional show.

‘Inn the Works’

The Gaineses are used to renovating homes, but what about renovating a home away from home?

In “Inn the Works,” Lindsey Kurowski is taking a big risk by buying and renovating a mountain lodge in Big Bear, CA. She’s hired her siblings to help her turn this run-down hotel into a rustic lodge with new life.

But, they’ll have to do it quickly, because they haven’t shut down the hotel for renovations. With guests needing help and design choices to be made, Kurowski is being pulled in all directions. Airbnb superhosts have nothing on this gal!

… and lots more!

Of course, Chip and Jo couldn’t create a network lineup without including some of their own family hijinks, too.

They finish their special by showing off clips of some new projects of their own and new family adventures. It looks like we’ll have to wait to find out what the Gaines’ new show (or perhaps shows) will be called, but it’s sure to have the couple’s signature charm.

The post A Sneak Peek at Chip and Joanna Gaines’ New Magnolia Network appeared first on Real Estate News & Insights | realtor.com®.



source https://www.realtor.com/news/trends/a-sneak-peek-at-chip-and-joanna-gaines-new-magnolia-network/

Lindsey Vonn Slaloms Into a Fully Renovated Villa in Beverly Hills

Lindsey Vonn Slaloms into a Fully Renovated Villa in Beverly Hills

Martin Rauscher/SEPA.Media /Getty Images

Retired ski champion Lindsey Vonn and her fiance, P.K. Subban, have purchased a winning home in Beverly Hills, CA, according to Variety.

The “reimagined” villa initially landed on the market in 2018 for $7.6 million. In 2019, the price dropped to $7.4 million and then $7.25 million last summer. Variety reports Vonn snagged it for $6.75 million. 

Built in 1958, the Mediterranean-style home was “reimagined” by local design firm KNA Design. The result is a modern European design described as a “modernized oasis” in the listing. 

Aerial view

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Exterior

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Living room

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Kitchen with double islands

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White walls to showcase art

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Backyard and pool

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Boasting four bedrooms and six bathrooms as well as “exceptional” ceiling heights, the glamorous interior spans 5,600 square feet. The high-end home includes enormous wall space for an art collection, a huge kitchen with double islands and bar seating, and a large living room with a fireplace. The spacious master suite includes dual baths and walk-in closets. 

The half-acre property features natural light and Sunset Canyon views. The grounds include grassy spaces, patios, and a pool. Other perks include a new Crestron AV system for sound and lighting, with multiple high-definition security cameras. The home also comes with a LifeSource Water filtration system, Tesla charger, and three-car garage.

The villa sale includes the furnishings. 

Last year, Vonn placed her mountain retreat in Vail, CO, on the market for $6 million. It’s still available for $5.2 million, according to realtor.com®. Vonn reportedly traded her home in Vail for a home in New Jersey to be with Subban, who plays for the New Jersey Devils. 

In 2017, Vonn listed her smaller contemporary L.A. abode for $3.8 million. The property was sold in 2018 for $3.6 million.

Vonn is one of the world’s most successful Alpine ski racers. She has won four World Cup overall championships, and was the first American woman to win gold in downhill at the 2010 Winter Olympics. She retired from the sport in 2019.

Mia Trudeau with Hilton & Hyland held the listing.

The post Lindsey Vonn Slaloms Into a Fully Renovated Villa in Beverly Hills appeared first on Real Estate News & Insights | realtor.com®.



source https://www.realtor.com/news/celebrity-real-estate/lindsey-vonn-buys-home-in-beverly-hills/