Found 67 blog entries tagged as Luxury.

A new luxury development will uplift residential real estate to a new dimension at Lake Austin. Luxury housing the levels of which have not been seen before in Texas, or much of the southwest, has a new grab: a two-minute Funicular descent to The Marina and The Lake Clubhouse at The Four Seasons Private Residences will present a panoramic experience inside one of two air-conditioned, glass enclosed cabins, lifting residents down to water activities, or back up to their multi-million dollar homes. The Funicular takes elevated Hill Country living to an extreme convenience, granting access to shoreline so pristine it is not even accessible by car.

The Four Seasons Private Residences is also the luxury brand’s first residences anywhere with…

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Named ‘8 Oaks’ after the number of people in their family, this property located about 30-minutes from downtown Austin is truly one-of-a-kind. The sellers are commercial real estate developer and tech startup investor Vincent Sica, and his wife, Tracey Sica, who live at the estate with their six children. To honor each member of their family, they planted eight oak trees along the driveway that leads to the house.

Built in a modern ranch style, the $16 million home is being sold off-market (with Eklund|Gomes at Douglas Elliman), and it’s one of the most expensive off-market homes in the area. (Texas is a non-disclosure state, and most of the homes of this caliber are sold off-market.) Sica is also considering cryptocurrency as payment, as he’s an…

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Members cumulatively closed over $2.9 billion in residential sales (up from 1.7 billion) in 2021 with 739 properties (up from 545) over $1 million. 

AUSTIN, TEXAS (APRIL 11, 2022) -- Thirty Austin-area real estate agents have been selected for membership in Luxury League for 2022. 

Each year, Luxury League invites Austin-area real estate agents who specialize in luxury transactions (over $1 million)  to apply for membership. The applications are then evaluated by an advisory board, who selects members based on their luxury residential sales volume from the previous year. Sixty-nine agents applied for membership in January of 2022; collectively the entire field of 69 applicants reported over $4.5 BILLION in residential sales in 2021.

The surge…

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Just a few months after sales launched, potential buyers have reserved more than half of the luxury Four Seasons-branded residences planned for a high-profile cliff overlooking Lake Austin.

The sales pace for the units is another sign of the Austin region's continued rising real estate market, including the high-end segment, housing industry experts say.

The 179 residences in the Four Seasons project are due to break ground next year. Prices start at $4.1 million.

Reservations began in late September, and hit the half-way mark in just four months, said Eric Moreland, broker associate with Moreland Properties who is handling sales.

Officially named Four Seasons Private Residences Lake Austin, the condominium project will be located on…

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Wouldn’t it be incredible to wake up each morning and sink your toes into sandy, white beaches, look out your window at picture-perfect sunsets, and fall asleep to the sound of waves lapping the shore? For more and more Americans with unlimited (or at least jumbo) bank accounts, this is their life. The overall real estate business may be going through challenges lately, but make no mistake: The high-end luxury market is booming.

During the COVID-19 pandemic, demand for luxury homes in popular vacation areas, particularly along the coasts, has surged. The newfound ability of many of these wealthiest buyers to work remotely, more baby boomers retiring earlier into their forever homes, and cheap mortgages fueled the rush into some of the most…

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Shocker—Austin’s luxury real estate market is booming but after an especially fruitful year, the capital city is joining the big leagues for high-priced homes.

According to a study comparing industry-wide sales activity done by real estate agency Compass, Austin saw a 450% increase in $10 million-plus real estate transactions from 2020-2021, placing it among the 30 highest-value markets in the U.S.

With 11 total transactions totaling $189 million, the sales volume in Austin jumped 562% since 2020, putting the city markedly higher than major cities like Philadelphia, Pennsylvania; Jersey Shore, New Jersey; Long Island, New York, and Washington D.C.

Dallas was the only other Texas city to be included on the list and nearly mirrored Austin’s…

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The 145-acre Camelback property on Lake Austin, just west of the iconic Pennybacker Bridge, rises straight up a series of limestone cliffs to a densely forested ridge 380 feet above the water. It’s as close to a proper mountain as you can find in Central Texas. And what a mountain. From the top, you can see the sweeping semicircular curve of the Colorado River below, and off to the east, a gap in the hills frames the Oz-like cluster of high-rises in downtown Austin, ten or so miles away.

It’s here that property owner Jonathan Coon has built a four-story metal-frame viewing platform that rises above the treetops and affords lucky visitors one of the most commanding views in the state. The platform won’t be here for long, though: It exists…

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