Wednesday, August 23, 2017

See Inside a Listing Styled by a Former White House Decorator

Submitted by TopTenRealEstateDeals.com

genMid.NP17125117_0

Photos Contributed by TopTenRealEstateDeals.com

As President Obama’s time in office neared its last months in 2016, their future home outside the White House was a frequent guessing game in celebrity real estate media. Most of the rumors were that the Obamas were buying a new family home in Hawaii, Palm Springs, New York City, Washington, D.C., or would be going back to their former home in Chicago’s Hyde Park neighborhood. They ended up buying for $8.1 million the home they had been renting – an 8,200-square-foot home in Washington, D.C.’s Kalorama neighborhood.

Whether the Obamas stay in Washington after their youngest daughter, Sasha, graduates from high school is uncertain but one thing is likely. The former First Family’s favorite interior decorator has portable skills and will most likely follow them from home to home well into the future. With Michelle’s penchant for taupes and beiges, it’s likely the Kalorama home will be next on the list for Michael S. Smith, decorator to the stars.

Now close friends, in 2008 Smith was called upon to redecorate the new President’s private quarters in the White House, and after he and Smith’s partner James Costos raised millions for Barack Obama’s re-election, Costos was named the Ambassador to Spain. The Obamas visited the couple in Spain and also stayed with them at their home in Rancho Mirage’s Thunderbird Heights. It was this visit that sparked baseless rumors that the Obamas were house shopping in Palm Springs.

Presidents aren’t the only celebrity clients in Michael S. Smith’s client inventory. He has also designed for Steven Spielberg, George Clooney, Cindy Crawford, Dustin Hoffman and Harrison Ford. Smith is known for his talent at blending historic elements with contemporary and has met with much praise for his work at the White House.

Recently a marvelous beach house came on the market in Newport Beach, California, also decorated by Smith. Opening directly onto the dunes with the Pacific Ocean lapping on the sand and exposed to some of the world’s most striking sunsets, the house was built in 1988 by Marmol Radziner in collaboration with Michael Smith Interiors. The 2,814-square-foot, two-story house optimizes the sweeping views of dunes, sand and ocean. Consisting of four bedrooms and four baths split between the two floors, the upper master suite also has a large private sun deck with panoramic views of the coastline to Catalina Island. Ideal for entertaining and stay-over guests, the open floor plan invites conversation and the oceanside glass doors that vanish into the walls give seamless access to the terrace and well-outfitted outdoor kitchen. The indoor kitchen, which includes Viking and SubZero, has a large island overlooking the living room with its high ceilings and fireplace with the dining room and another fireplace to the right including a wine and coffee bar. The two downstairs bedrooms can also be closed off and turned into a private suite for extended guest stays. Priced at $6.35 million, Tim Carr of Villa Real Estate in Newport Beach, California is the listing agent.

1

genMid.NP17125117_8_0 3

genMid.NP17125117_10_0

genMid.NP17125117_12_1

2

genMid.NP17125117_13_1

genMid.NP17125117_18_1

genMid.NP17125117_2_0

 

Visit TopTenRealEstateDeals.com for more historic, celebrity and spectacular homes and real estate news.



from
http://feedproxy.google.com/~r/StyledStagedSold/~3/P-o763SZzqw/

Tuesday, August 22, 2017

$40M apartment project intended to help transform Brownsburg's downtown

The development is part of the town's larger plans to transform its nondescript downtown into a more vibrant anchor for the community.

from
https://www.ibj.com/blogs/3-property-lines/post/65106-40m-apartment-project-intended-to-help-transform-brownsburgs-downtown

Homes with Over 30 Favorites Sell in Under Two Weeks and for More Money

Over 40 percent of listings that get 30 or more favorites in their first week typically end up selling for over list price, according to data available through Zillow's new Builder Inform tool

from
http://zillow.mediaroom.com/2017-08-22-Homes-with-Over-30-Favorites-Sell-in-Under-Two-Weeks-and-for-More-Money

See Inside a Listing Styled by a Former White House Decorator

Submitted by TopTenRealEstateDeals.com

genMid.NP17125117_0

Photos Contributed by TopTenRealEstateDeals.com

As President Obama’s time in office neared its last months in 2016, their future home outside the White House was a frequent guessing game in celebrity real estate media. Most of the rumors were that the Obamas were buying a new family home in Hawaii, Palm Springs, New York City, Washington, D.C., or would be going back to their former home in Chicago’s Hyde Park neighborhood. They ended up buying for $8.1 million the home they had been renting – an 8,200-square-foot home in Washington, D.C.’s Kalorama neighborhood.

Whether the Obamas stay in Washington after their youngest daughter, Sasha, graduates from high school is uncertain but one thing is likely. The former First Family’s favorite interior decorator has portable skills and will most likely follow them from home to home well into the future. With Michelle’s penchant for taupes and beiges, it’s likely the Kalorama home will be next on the list for Michael S. Smith, decorator to the stars.

Now close friends, in 2008 Smith was called upon to redecorate the new President’s private quarters in the White House, and after he and Smith’s partner James Costos raised millions for Barack Obama’s re-election, Costos was named the Ambassador to Spain. The Obamas visited the couple in Spain and also stayed with them at their home in Rancho Mirage’s Thunderbird Heights. It was this visit that sparked baseless rumors that the Obamas were house shopping in Palm Springs.

Presidents aren’t the only celebrity clients in Michael S. Smith’s client inventory. He has also designed for Steven Spielberg, George Clooney, Cindy Crawford, Dustin Hoffman and Harrison Ford. Smith is known for his talent at blending historic elements with contemporary and has met with much praise for his work at the White House.

Recently a marvelous beach house came on the market in Newport Beach, California, also decorated by Smith. Opening directly onto the dunes with the Pacific Ocean lapping on the sand and exposed to some of the world’s most striking sunsets, the house was built in 1988 by Marmol Radziner in collaboration with Michael Smith Interiors. The 2,814-square-foot, two-story house optimizes the sweeping views of dunes, sand and ocean. Consisting of four bedrooms and four baths split between the two floors, the upper master suite also has a large private sun deck with panoramic views of the coastline to Catalina Island. Ideal for entertaining and stay-over guests, the open floor plan invites conversation and the oceanside glass doors that vanish into the walls give seamless access to the terrace and well-outfitted outdoor kitchen. The indoor kitchen, which includes Viking and SubZero, has a large island overlooking the living room with its high ceilings and fireplace with the dining room and another fireplace to the right including a wine and coffee bar. The two downstairs bedrooms can also be closed off and turned into a private suite for extended guest stays. Priced at $6.35 million, Tim Carr of Villa Real Estate in Newport Beach, California is the listing agent.

1

genMid.NP17125117_8_0 3

genMid.NP17125117_10_0

genMid.NP17125117_12_1

2

genMid.NP17125117_13_1

genMid.NP17125117_18_1

genMid.NP17125117_2_0

 

Visit TopTenRealEstateDeals.com for more historic, celebrity and spectacular homes and real estate news.



from
http://feedproxy.google.com/~r/StyledStagedSold/~3/P-o763SZzqw/

Eleven local groups float plans for redeveloping Old City Hall

The proposals include work space for startups and a city visitors center, as Indianapolis officials search for a new strategy for reusing the stately, 107-year-old building.

from
https://www.ibj.com/blogs/3-property-lines/post/65041-eleven-local-groups-float-plans-for-redeveloping-old-city-hall

The U.S. Has Gained 346 New $1 Million Neighborhoods Since 2014

Rapid home value increases make it likely you live in or near a $1 Million Neighborhood, especially on the West Coast

from
http://zillow.mediaroom.com/2017-08-17-The-U-S-Has-Gained-346-New-1-Million-Neighborhoods-Since-2014

Another Recession Will Start Within Three Years, According to Experts

Geopolitical crisis is the most commonly expected cause among surveyed experts

from
http://zillow.mediaroom.com/2017-08-16-Another-Recession-Will-Start-Within-Three-Years-According-to-Experts