Eileen Bedinghaus Breaks St. Petersburg Real Estate Record

 

Despite the significant challenges confronting the broader real estate market, a new single-purchase record was just established in St. Petersburg, Florida. Listed by Eileen Bedinghaus of ReMax Metro, the magnificent residence at 2040 Brightwaters Boulevard sold on Friday, August 5, 2011 for $9,000,000. The previous record was a $5,300,000 property, which sold in March 2006.

The 6-bedroom/8-bath home is located on a 1.6-acre waterfront property on prestigious Snell Isle, just north of downtown St. Petersburg. Boasting 12,412 square feet of gracious living area, the residence, known as Villa Terranova, features Mediterranean Revival architecture, 2,400 feet of covered loggias, well-equipped summer kitchen and Olympic-sized swimming pool. And with 380 feet of waterfront along Snell Harbor, the property can accommodate a 112-foot yacht, 45-foot boat, plus an additional boat on the lift. Although the home is undeniably impressive, Bedinghaus employed a full arsenal of resources to accomplish the sale.  

"I combined time-tested marketing practices with advanced technologies to sell Villa Terranova," she said. "It takes a very targeted and intelligent approach to reach buyers of the finest luxury properties."

The 27-year real estate veteran, who has also marketed noteworthy properties like condominiums at Vinoy Place, The Grande on Sand Key and the Tides Beach Club, first assembled an experienced advertising team to create a communications campaign. The writer and art director produced an elegant two-page cover spread in the duPont REGISTRY magazine to provide exposure to affluent buyers.

 


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Posted by: awilliamson
Posted on: 8/16/2011 at 2:11 PM
Categories: Featured Realtors
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Luxury Real Estate Marketing: How to Earn Multiple Commissions from High Net Worth Clients

In the realm of marketing luxury real estate is it important to understand that the client to whom you sell a primary residence in your local marketplace can also be a buyer of multiple homes in multiple locations as well as other types of properties. The question is:  Will you benefit from this by earning multiple commissions?

Good luxury real estate marketing professionals stay in touch with their clients and cultivate referrals of buyers and sellers within their own local marketplace. Great agents also take the time to discover where else their clients might consider purchasing additional homes or even other types of real estate.  Then they help them connect with trusted colleagues in other marketplaces, which generates referral fees. 

We recently heard a story that a certain buyer purchased several vacation homes in a very popular luxury real estate marketplace.  The agent who discovered this fact realized that the buyer was a client of a friend, another agent in another state who was oblivious to her client's buying spree.  Where was the disconnect that caused this missed opportunity for referral fees?

In commercial real estate it was very clear that most of our clients had the capability of purchasing multiple properties.  In fact, many of them could purchase as many qualified properties as we could find for them.  The trick was finding quality properties in great locations that were reasonably priced. But, this "mutliple properties mindset", whether the client's purpose was for personal use or investment, was the norm.

It just requires a slight shift in perspective to maximize the potential of your relationships with your high net worth clients. Take the time to discover the full scope of their real estate needs and interests. They may be thinking of buying properties for their kids, too.

Find out if your clients invest in commercial property or income property.  If so, team up with colleagues who specialize in this arena and see what other opportunities you can develop together.

Expand your level of professionalism in terms of the depth of service that you offer. Become a trusted advisor in their real estate dealings beyond just their residence in your local marketplace and watch your own net worth increase significantly.

This blog posting has been provided by Ron and Alexandra Seigel, the Language of Luxury Community Founders and managing partners of Napa Consultants, International, the leading luxury real estate strategic marketing firm. They specialize in personal and company branding, luxury real estate website design and social media marketing. Pictures provided by Ron and Alexandra. 

 


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Posted by: awilliamson
Posted on: 8/16/2011 at 11:59 AM
Categories: Luxury Guest Writers
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Luxury Real Estate Marketing: Is it Time to Re-invent Yourself?


Photo Courtesy of Dimrus1917

Brand distinctiveness, the way you stand out from your competition is equally important in personal branding as it is in company or product branding.  When you cannot clearly, sharply and quickly articulate how you are different, how can you expect your referral sources to do so when they are asked to recommend a luxury real estate marketing professional?  

Sometimes you have to completely reinvent yourself or your company to surpass your closest competitors.  That is definitely the case of the Maybach as this brand faces the biggest challenge of its 90 plus year life. 

Photo Courtesy of Nstinia Photography

If you are in the market for a super-luxury car, and you think of the hood ornament of a Rolls Royce, (known as the “Spirit of Ecstasy”) it is hard not to get ecstatic. For some this symbol conveys the entire experience of owning the car. Others get a rush when they think of Bentley’s hood ornament or badge. 

Heritage can play an important role in endearing fans to a brand. For example, the Rolls Royce is deeply associated with the Queen of England. The towns that assemble and customize the Rolls and the Bentley have an allure unto themselves. All of these kinds of factors, apart from the design and features of the cars add up to a story that the owners can tell their friends

But, what associations are made about the Maybach, manufactured by Daimler (Mercedes Benz). It was very popular in Germany in the 1920 and 1930s, but not very well known in the rest of the world.  It is now manufactured at the same facility as the Mercedes S Class, not in its original town.

What does Maybach stand for today in the minds of the ultra-rich that can afford a starting price tag of $375,000 or pay $1.3M for the top of the line? How is this brand distinct from its competitors in the super-luxury car category?

Many feel that the car is too similar to the Mercedes S Class model, even though it sports many features and amenities that are not included in the lesser priced car.  This lack of distinctiveness has resulted in mediocre sales and has caused Daimler to completely rethink its brand strategy. In fact, the fate of the car, its very existence, will be determined by the end of the year.

But, what a fabulous opportunity to reinvent a brand and emerge as the market leader!  You have heard of the fable of the Phoenix, the firebird that re-emerges from the ashes, right?  If Daimler would take a hard look at the current vulnerabilities of the Rolls and the Bentley, and zero in on providing extraordinary value, a classic brand could be reborn that could trounce the other two. 

Being at the doorway of extinction can spark remarkable inventiveness.  It will be interesting to see if the Maybach makes it through the threshold.  Is it time for you to re-invent your brand?

This blog posting has been provided by Ron and Alexandra Seigel, the Language of Luxury Community Founders and managing partners of Napa Consultants, International, the leading luxury real estate strategic marketing firm. They specialize in personal and company branding, luxury real estate website design and social media marketing. Pictures provided by Ron and Alexandra. 

 


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Posted by: awilliamson
Posted on: 8/11/2011 at 11:53 AM
Categories: Luxury Guest Writers
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Iconoclasts: A Lesson in Positive Expectations from David Foster, the "Hit Man"

An iconoclast is a person who challenges conventional wisdom and traditional beliefs, and often shatters the very foundations upon which traditional, institutions rest.  Iconoclasts are  some the of best examples of personal branding and are worth studying if you are interested in standing out as a luxury real estate marketing professional.

David Foster, also known as the “Hit Man”, certainly is an iconoclast and a “one-man-brand”.  As a record producer, composer, songwriter, and singer, he has won countless Grammy Awards and has introduced many artists who have gone on to be superstars in their own right like Josh Groban and Michael Bublé. 

His roster of clients include Whitney Houston, Barbara Streisand, Celine Dion, Andrea Bocelli, Natalie Cole, Mariah Carey , Cher , Michael Jackson, Beyonce, Madona, Prince, Shania Twain, Donna Summer, Kenny Rogers, Chaka Khan.   Most recently he is guiding the career of Jackie Evancho, the eleven year old child protégé with an operatic voice who “sings like an angel”.

Foster won his first Grammy for “After the Love Is Gone” by Earth, Wind and Fire.  Since then he has worked with many bands including Chicago, Destiny’s Child, and the Bee Gees.  He even won a Grammy for the best Broadway musical cast album of Dreamgirls.

In an interview on PBS where his “Hitman Returns” TV concert has recently been airing to help with fundraising, he had something very interesting to say about his “secret” to such a long successful career.  He said that work keeps coming to him; he does not go after work. He just lets it come to him. 

This is one of the best descriptions we have heard regarding the phenomenon that occurs when a person is operating their career “in the zone”, or what we call “operating spot on one’s authentic brand signal”.  Foster “expects” to continuously create mega hits. And, so do the artists who hire him.  He expects to deliver and they expect results.  That is his secret for success.

When you are fully operating on your authentic personal brand signal it feels exhilarating. It is like singing in perfect pitch, in your best key, expecting the best outcome.  Incidentally, David Foster is actually one of the rare human beings who have perfect pitch, musically.

Tuning into your authentic brand signal is one of the most important keys to your own success in marketing luxury real estate. If you then maintain the steady, stable state of positive expectation, the expectation of attracting business, the way will continuously present itself. And, it will start to feel perfectly natural and normal when business keeps flowing your way.  Reach for this state of mind and, like the Hit Man, great results will surely follow.

This blog posting has been provided by Ron and Alexandra Seigel, the Language of Luxury Community Founders and managing partners of Napa Consultants, International, the leading luxury real estate strategic marketing firm. They specialize in personal and company branding, luxury real estate website design and social media marketing. Pictures provided by Ron and Alexandra. 

 


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Posted by: awilliamson
Posted on: 8/9/2011 at 9:24 AM
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Luxury Real Estate Marketing: Turning Tables on the Market Leader

 

 

 

To the extent that incumbent market leaders rest on their laurels, do not stay focused or do not keep up with technology, market leadership is up for grabs for any luxury real estate marketing professional with a superior value proposition and the right brand strategy. Market leaders beware! With the right brand strategy the tables can be turned on you in one year or less, seemingly, overnight.

What a difference one year can make! Take a look at what happened to the previous market leader, Nokia, in the smart phone market category. They slipped from #1 to #3. According to market research firm Strategy Analytics:

  • Apple's market share rose to 18.5% in the second quarter from 13.5% a year earlier
  • Samsung's smartphone market share jumped to 17.5% from 5.0%
  • Nokia slipped to 15.2% from 38.1% a year earlier.

To surpass Apple going forward, Strategy Analytics says #2 Samsung will need a three-fold strategy to:

  • Boost its retail presence for smart phones in countries such as the U.S., China, Japan and the U.K
  • Continuously upgrade its phones based on Google Inc's Android software, as well as Microsoft Corp.'s Windows platform and its own Bada operating system
  • Develop advanced cloud-based services

That is going to take some doing. Apple, by far, has the best customer service experience in just about any retail category.  Recently, we discovered that we could not access the internet via our home WiFi on our iPad; yet we were able to connect with our laptop (PC) computer. We took the iPad into our local Apple store and encountered superlative service. They reinstalled and updated our software on the spot, free of charge, and it was fixed within minutes.  

How can Samsung beat that? The idea of having this level of LOCAL service and product education for ALL of our mobile devices and computers in one place is a value proposition that simply cannot be rivaled. Apple is in the process of rolling out 24 large new stores in China, alone.

As a busy husband and wife team, who travels extensively, saving time is essential and so is the ease of sharing digital information and media.  Learning to use one brand of software/hardware is much more efficient than learning to use multiple brands. Being able to instantly sync all of our data, apps and media between all devices and computers, plus having everything readily accessible online in the cloud, 24/7 (coming this fall from Apple), is an offering that Samsung or Nokia will be very hard-pressed to match.

Other brands may have some outstanding or even better product features. But, for us, Apple’s unique selling proposition is inimitable. As the challenger to the market leader (which Apple was until it became the leader) you must be able to articulate your superior value proposition in a nano-second.  Here is how this plays out with Apple in just 7 words (our words):  

Local Service + Total Product Integration +Wireless Synchronization

 In luxury real estate marketing, when you can distill and express your distinct, extraordinary promise of value in just a few words, and those words are remarkable, people will voluntarily spread those words for you (like we just gladly did for Apple), That is how you can quickly turn the tables on the incumbent market leader in your marketplace, catching them off-guard.

This blog posting has been provided by Ron and Alexandra Seigel, the Language of Luxury Community Founders and managing partners of Napa Consultants, International, the leading luxury real estate strategic marketing firm. They specialize in personal and company branding, luxury real estate website design and social media marketing. Pictures provided by Ron and Alexandra. 

 

 

 


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Posted by: awilliamson
Posted on: 8/2/2011 at 11:24 AM
Categories: Luxury Guest Writers
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Luxury Real Estate Marketing: The Skill of Finding Your Niche

 

One of the most important skills you could possibly possess as a luxury real estate marketing professional is the ablity to spot an underserved, potentially lucrative market niche that you believe you could serve better than anyone else in your marketplace.  This is not typically something that is taught in school. Yet, it can make the difference for you in owning the lion’s share of that market niche and have a significant impact on your bottom line.

Our favorite ways of getting inspired to practice this skill is by watching Shark Tank, the ABC reality show where bright entrepreneurs pitch their ideas to competing venture capitalists including the “diva” of luxury real estate herself, Barbara Corcoran. Check out an episode on You Tube and see for yourself.  Here is an example of an uncontested market niche that attracted a “feeding frenzy” of competition between the sharks.

Two gentlemen noticed a tremendous inefficiency in the recruiting process of high school athletes who have talent and show promise.  Many major stars, such as Dwayne Wade of the Miami Heat, were completely overlooked in high school because of the current system. These guys came up with an online system whereby parents can take control of the process and market their kid’s talents to appropriate schools and professional teams.

Furthermore, they patented a mobile app that deals directly with the recruiting restrictions. They also created efficiencies that have never existed in this segment of collegiate and professional sports.  Both parents and recruiters pay a fee to use the system, which has the potential to generate a significant cash flow.

Keep your eyes and ears open for inefficiencies in your luxury real estate market place and see if you can spot some underserved market segment.  Then become known as the one, the brand name that changed things for the better.  Your reputation can change for the better just about overnight if you do.

This blog posting has been provided by Ron and Alexandra Seigel, the Language of Luxury Community Founders and managing partners of Napa Consultants, International, the leading luxury real estate strategic marketing firm. They specialize in personal and company branding, luxury real estate website design and social media marketing. Pictures provided by Ron and Alexandra.

 


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Posted by: awilliamson
Posted on: 7/29/2011 at 10:07 AM
Categories: Luxury Guest Writers
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dupont REGISTRY top 16 - Stunning Vistas and Views

Realtors: Does one of your properties include Amazing Vistas and Views?

The views showcased in our 16th Anniversary Edition are more than merely awe-inspiring--they're Romantic. Whether drawn to majestic mountain ranges, "green pastoral landscape[s]", or the big blue sky hovering like a waterbearer over limitless stretches of ocean, the vistas and views showcased this year will steal you away into a spot of pure joy. 

Reserve advertising space in our 16th Anniversary Issue by May 24th. All properties chosen for the top 16 Vistas and Views will be featured in a future blog posting, as well as on the dupont REGISTRY A Buyer's Gallery of Fine Homes official Facebook and Twitter pages.

Readers, stay tuned! our top 16's will be released with the 16th Anniversary August Issue!

For more information about the 16th Anniversary Issue, click here.

*William Wordsworth quoted, "A Few Miles Above Tinturn Abbey" 

 

 


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Posted by: awilliamson
Posted on: 5/2/2011 at 12:12 PM
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dupont REGISTRY top 16 - Spectacular Pools

Realtors: Does one of your properties have a Spectacular Pool?

A truly spectacular pool is dependent upon millions of variables. Orchestrating the elements into a design that harmonizes beautifully with the landscape is paramount to achieving a sense of balance and elegance. There are so many luxurious choices, from cascading waterfalls over secluded grottos to vanishing edges that merge into cityscapes and natural waterfronts. Not only do our sixteen choicest pools demonstrate the coveted tenants of effortless balance in outdoor composition, but they are truly an innovative marvel.

Reserve advertising space in our 16th Anniversary Issue by May 24th. All properties chosen for the Top 16 Spectacular Pools will be featured in a future blog posting, as well as on the dupont REGISTRY A Buyer's Gallery of Fine Homes official Facebook and Twitter pages.

Readers, stay tuned! Our top 16's will be released with the 16th Anniversary August Issue!

For more information about the 16th Anniversary Issue, click here.


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Posted by: awilliamson
Posted on: 5/2/2011 at 11:52 AM
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dupont REGISTRY top 16 - Gourmet Kitchens

Realtors: Does one of your properties have a Gourmet Kitchen?

Well-designed gourmet kitchens call for a double dose of creativity and design savviness. Functionality is crucial, but the kitchen is so much more than a work triangle or a place to procure a meal. It's the heart of a home - the daily social gathering place for a family. A luxurious environment is simply a must. Choices of appliances, color, cabinetry, floor coverings, and even drawer pulls reveal the artistry and vision of each individual. Our 16th Anniversary Edition will showcase sixteen superlative gourmet kitchens that integrate accomodating design flows and, of course, exquisite taste.

Reserve advertising space in our 16th Anniversary Issue by May 24th. All properties chosen for the Top 16 Gourmet Kitchens will be featured in a future blog posting, as well as on the duPont REGISTRY A Buyer's Gallery of Fine Homes official Facebook and Twitter pages.

Readers, stay tuned! Our top 16's will be released with the 16th Anniversary August Issue!

For more information about the 16th Anniversary Issue, click here.   


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Posted by: awilliamson
Posted on: 5/2/2011 at 11:46 AM
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dupont REGISTRY top 16 - Exquisite Wine Cellars

Realtors: Does one of your properties have an Exquisite Wine Cellar?

Paramount to thriving is an exquisite red wine, and where better to enjoy the selections of a discerning taste than a private, custom built wine cellar? Our 16th anniversary edition features beautiful natural stone, mahogany shelves, and intricate, wrought iron gates inside some of the most luxurious, secluded rooms in the home. Take a seat at the tasting table with us, and discover all the wonder inside these treasure-troves.

Reserve advertising space in our 16th Anniversary Issue by May 24th. All properties chosen for the top 16 Exquisite Wine Cellars will be featured in a future blog posting, as well as on the duPont REGISTRY A Buyer's Gallery of Fine Homes official Facebook and Twitter pages.

Readers, stay tuned! Our top 16's will be released with the 16th Anniversary August Issue!

For more information about the 16th Anniversary Issue, click here.


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Posted by: awilliamson
Posted on: 5/2/2011 at 11:36 AM
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Categories: duPont REGISTRY Featured Properties | Luxury Real Estate
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Miami Equestrian Estate; A Full Blown Smart Home

Adapted from www.blog.ewm.com 

Seated on over eleven acres and tucked away in a private, gated community in the Southwest corner of Miami, Florida, is a magnificent Mediterranean estate. This 17,285+ square foot residence, designed by architect Pacheco, is a smart home containing an electrical room that controls the security, pool area, lighting, music and ambiance of the estate.     

The reception area or grand foyer with its majestic chandelier, art niche, and graceful marble medallion beckon you into the main living areas of the residence. This awe-inspiring space touts an entire wall of double-French doors with glass arches showing off the greenery and fountain outside.

At the heart of any home is the kitchen. Included in this space is a gourmet chef's best amenities – double-Viking stainless steel convection ovens, a Viking warmer, as well as a Viking microwave and a six-burner electric Viking stove. The Sub-Zero, double wood-paneled refrigerator blends in with the deep, cherry wood cabinetry with its own crown molding. Included is a breakfast area and an extended island featuring granite throughout:

This  magnificent Mediterranean estate that also includes a manor home, a game house, an equestrian center complete with a six-horse stable, a training center and grassing areas, a fifteen-car garage, pools, terraces with a summer kitchen, fountains, a playground with playhouse, miniature golf, basketball and tennis courts, three koi ponds with cascading waters, and a helipad with an FAA-approved airstrip.

The dupontRegistry marketed this residence in Miami, and after receiving numerous inquiries from around the world, Nancy Jimenez closed the property last Tuesday, April 12th.


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Posted by: awilliamson
Posted on: 4/25/2011 at 12:52 PM
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Categories: duPont REGISTRY Featured Properties | Luxury Real Estate
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Sold! A Stunning Estate in D.C.

From the dupont Registry's featured properties - Southeast

Gaining exposure from a cover run in our August 2010 issue of the dupontREGISTRY's Homes edition, Foud Talout closed the sale of a beautiful Virginia estate for 10.2 million. The new owners will be taking possession of the Chateau Noble de McLean by the end of this month. 

The Chateau Noble de Mclean, built by Michael Darvishi, accomodates regal living. Nestled atop a hill and beset by two beautifully landscaped acres, this Chateau Noble presonifies its name as a 27,000-square-foot manor brimming with spatial rooms and detailed with Beaux-Arts elements. 

The crown jewel of the living quarters is the magnanimous master suite that supplies a separate sitting room with fireplace and closets equipped with cherry wood built-ins. Luxurious accomodations continue in five additional bedrooms, each bedecked with their own marble and tile bathroom.

Agent Fouad Talout notes, "Never before has there been such an ideal opportunity to own one of the D.C. area's most stunning estates" In his stately position, Chateau Noble complies with any preference of political involvement while pledging a royal lifestyle. 


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Posted by: awilliamson
Posted on: 4/25/2011 at 9:16 AM
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Categories: duPont REGISTRY Featured Properties | Luxury Real Estate
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Orlando's 2,500 Navigable Lakes

When you think of Central Florida, you think of Disney, entertainment and attractions.  Few people realize that among the five major counties in Central Florida, Orange, Seminole, Osceola, Polk and Lake counties.  Carol Ann Hewitt of Oxford Reatly notes that there are 2,500 lakes where Bass fishing is a major sport, in addition to golfing and water skiing.  

Nothing could be more pleasant than a leisurely boat ride through the many lakes, some of which are connected by navigable canals, such as the famed Butler Chain of Lakes in Windermere, a growing suburban area to the southwest of Orlando, where one will find a series of eleven environmentally protected lakes, whose shores are dotted with beautiful estates. These lakes weave through  and around some of Central Florida’s most prestigious gated golf and country club communities, such as Keenes Pointe, Isle Worth, and Lake Butler Sound. Winter Park, a charming town with a quaint downtown shopping area on the north side of Orlando, boasts the Winter Park Chain of Lakes.

Minutes from Orlando’s downtown business district, there are beautiful homes on the shores of Lake Conway and Sand Lake.   To the north of Orlando in Lake County is Lake Harris, a 13,789 acre lake, which is part of a large body of water known as the Ocklawaha Chain of Lakes.  Lake Tohopekaliga – known to the locals as Lake Toho – is one of the largest lakes in Osceola County with over 19,000 acres!  Great fishing here!

Gone are the tiny cottages of years ago,  where native Orlandoans would come during the hot Summers to catch the cool lake breezes.  They have been replaced by luxurious lakefront homes with wine cellars, elevators, elaborate gardens, heated pools, spas and boat houses.  You can purchase a resort setting in your very own back yard and statistics prove that lakefront property is less resistant to economic downturns.

 


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Posted by: awilliamson
Posted on: 4/20/2011 at 2:44 PM
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Categories: Luxury Real Estate
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Montecito — Live a Luxurious Lifestyle in “The American Riviera”

Grand estates, stunning ocean and mountain views, and a mild sunny climate all come together to make this Pacific coastal community irresistible. Historic elegance, lush countryside, and spectacular ocean vistas contribute to the enormous appeal of Montecito real estate.

Montecito is a small community 90 miles up the coast from Los Angeles, framed by coastal mountains and broad, white beaches. White Mediterranean homes with red tile roofs, bougainvillea covered stone walls, wrought-iron gates, palm lined drives, courtyard cafes, collectable cars and smart boutiques, all mixed with a casual but refined lifestyle, characterize Montecito.

This is the perfect place to raise a family, where the weather is ideal, the air clean and the schools, beaches and parks are healthy, enjoyable environments - a place rich with leisure and recreational pursuits.

Most new residents are first introduced to our community while on holiday, as was the case many years ago when wealthy Eastern families discovered Montecito in the late 1800’s. Huge estates were created as wintering spots, and by the 1920’s there were more millionaires per acre in Montecito than anywhere else in our country. Today these fine homes are being renovated with the care they deserve, and some of our most charming small homes started their lives at the turn of the century as modest gardener’s cottages to these estates.

 Our Montecito real estate is more than enchanting: the magnetism of this quiet coastal community is absolutely intoxicating. Like an island where troubles and worries are left on the mainland, Montecito lulls its inhabitants into a peaceful state of mind, which translates into being purely focused on enjoying some of life’s genuine pleasures: ocean breezes, warm sunshine, good food, and fine wine. Montecito real estate includes an impressive array of estates, many of which were inspired by the stately homes of the south of France, Spain, and Italy – where the similar climate is due to our sharing one of the few east west shorelines in temperate latitudes.

Harry Kolb is one of the foremost experts on luxury residential real estate in the Santa Barbara, California area including Montecito and Hope Ranch. His past professional involvement in international marketing has served him well in managing the sale of estate properties. He was one of the founding members of Sotheby’s International Realty when they opened their first office in Montecito and his real estate career has spanned more than 30 years. During which time he has personally managed several billion-dollars in transactions representing over 200 estate property sales. As an authority on Montecito real estate, architecture and history Harry has frequently been quoted in the New York Times, Wall Street Journal, Forbes Magazine, Los Angeles Times and Architectural Digest. He assisted in the publication of books on famed architects George Washington Smith and Reginald Johnson and the history and architecture of Montecito.


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Posted by: awilliamson
Posted on: 4/20/2011 at 12:59 PM
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Categories: duPont REGISTRY Featured Properties | Luxury Real Estate
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Prestigious Living in Rarity Pointe

There are many activities on and around Tellico Lake near the Smoky Mountains in east Tennessee, but
RE/MAX at the Lake Real Estate Broker Jim Davis describes one of his favorites: “Tellico Lake has about
400 miles of shoreline, with many, many coves. We enjoy getting together with four, five or six boats, tie
off in one of the coves, open a bottle of wine, put a steak on the grill and enjoy an evening with friends.
It’s wonderful.”

 Tellico Reservoir, as it is officially named, was the last project undertaken by the historic Tennessee Valley
Authority, part of FDR’s New Deal. It was completed in 1979. In the mid to late 1980s, development picked
up pace in Tellico Lake, and these days the bucolic body of water is surrounded by golf communities,
upscale retirement areas and waterfront estates.

 One of Tellico Lake’s most prestigious neighborhoods is Rarity Pointe, where Jim has listed a breathtaking,
8272-square-foot English country manor home built in 2009. It’s brimming with state-of-the-art features and
amenities: an exquisite design using natural stone and brick; a gourmet kitchen with Viking appliances; a
finished lake level with a full kitchen and indoor and outdoor fireplaces; a media room with stadium seating
and a 92-inch screen; and much more. “The home has views of Tellico Lake’s sparkling water with the
Great Smokey Mountains as a backdrop,” Jim says. “You can see a golf course unfolding in the distance.
Breathtaking.”

Tellico Lake’s mid-south location makes it a year-round community. “We have people in Florida who come
up for the summer,” Jim says. “We have residents we call ‘halfbacks,’ people from the upper Midwest who
might’ve bought a home in Florida but realized it was a two-day drive back to see the kids and grandkids.
They realized the Tellico Lake communities are only a one-day drive instead of a two-day drive. We have
some second-home owners, but the community is vibrant year-round.”