Nicole Murphy’s Listing of Brentwood Home Featured in LA Times

Only 24 hours after listing the Celebrity Villa in Brentwood, California in the MLS, Hurwitz James Company had already scheduled three showings. Now, with the recent publicity from the Los Angeles Times, it’s safe to say that there will be more showings to come.

The Celebrity Villa, which is currently listed at $6.95 million, was the former residence of ex-model and ex-wife of Eddie Murphy, Nicole Murphy, and former New York Giants player Michael Strahan. The two purchased the 9,200 square-foot home located in the prestigious Brentwood neighborhood in 2009, but are selling it simply because they rarely use the home, according to the LA Times’ quote of Bob Hurwitz.

The villa has six bedrooms, eight baths and was designed in an exquisite Mediterranean style with rich, warm interiors and custom finishes. The magnificent master suite is fit for royalty with its sitting area, fireplace, dual bathrooms, expansive closets and own balcony. An entertainer’s dream, the estate boasts top tier amenities including a theater, wine cellar, an elevator, swimming pool and spa.

Those interested in learning more about the Brentwood Villa can contact Hurwitz James Company at 888-681-5902.

 

Source: Los Angeles Times
Photos via Hurwitz James Company

Celebrity Villa in California Goes Public, 3 Showings in 24 Hours!

Some of our readers may remember when the Celebrity Villa in Brentwood, California made its debut on the market back in October of 2011. But it was not until yesterday, January 8, 2012, that we listed the Celebrity Villa in the MLS allowing it to be searched and viewed by the general public. While many properties at this price level may go days or even months without a single showing or phone call, this stunning estate has already made great waves in the luxury real estate community. In only 24 hours, the home has been scheduled for three showings!

Of course, we are not too shocked by this response as the home’s exquisite design, custom finishes, magnificent master suite, chef’s kitchen, oversized deck and other fantastic features offer unequaled beauty and quality of life. Interested buyers should schedule a viewing to see the estate in person before it is too late. Call Hurwitz James Company at 310-477-8865 to schedule your appointment today!

Photos via Hurwitz James Company

What are the Most Luxurious Gifts of 2011?

A recent article we came across in International Business Times suggests some this year’s most luxurious gifts.

  • Michael Cluizel’s Chocolate Set:  This $895 box of candy contains 400 pieces of handmade chocolates.
  • Dom. Romaine Conti Wine: French red burgundy wine at $1,540 per bottle.
  • Steiff Gold Teddy Bear: This stuffed bear is made of solid gold and the finest fur from gold with sapphires and diamonds for eyes. It costs $84,000 to cuddle this teddy bear.
  • Goldstriker iPhone 3Gs Supreme: Not your ordinary iPhone as its encrusted with more than 200 diamonds included a single 7.1 carat diamond and 22 carat pure gold. This sparkly gadget is priced at $3.2 million.

  • Halcyon Dream Card: This gift card gives complete access to Halcyon’s charter flights with personal concierge, premium services and the best accommodations that money can buy. The world’s most expensive gift card costs a jaw-dropping $5 million!

 

Tell us in a comment what you think the most luxurious gift of 2011 might be.

 

Source: International Business Times
Top Photo via TrendHunter
Bottom Photo via BornRich

The Top 10 Most Expensive Zip Codes of 2011

What makes one zip code more expensive than the next? Is it the waterfront location, the billionaire celebrity neighbors, the prime proximity to a booming city? Oftentimes, it’s all three! From the recent Forbes article, “America’s Most Expensive Zip Codes,” here are the top ten places where people spend the most money to own property.

  1.  07620, Alpine, NJ
  2. 94027, Atherton, CA
  3. 11962, Sagaponack, NY
  4. 94010, Hillsborough, CA
  5. 90210, Beverly Hills, CA
  6. 10012, New York, NY
  7. 10013, New York, NY
  8. 11976, Water Mill, NY
  9. 93108, Montecito, CA
  10. 11568, Old Westbury, NY
Looking to live in one of the most desirable zip codes in America? Here are a few of Bob Hurwitz‘s property listings that are located in an infamous zip code.
The French Chateau in the exclusive Birnam Wood Golf Club in Montecito offers exceptional European craftsmanship and authentic French Renaissance pieces. 
At 406 Robert Lane in Beverley Hills, this stunning estate is on the premier street in Trousdale Estates; the seven bedrooms and soaring ceilings are just the start of it.

To learn more about these or other California, US or international luxury properties, contact Bob Hurwitz of Hurwitz James Company at 310.477.8865.

The Hollywood Hills Villa Allegra Estate

We’re traveling from the tropical piece of Polynesian paradise that we featured in our last blog post to our beloved Beverly Hills to look at a luxury home that takes elegance to a new level. The gated Villa Allegra estate combines some of the best California City and ocean views with some of the most magnificent custom-made features and imported Italian marble and limestone.

With its lounge area and floor-to-ceiling glass doors that lead out to one of the home’s several terraces, the master suit is made for royalty and complete with his and her baths and massive dressing and closet areas. As if the stunning gold gourmet kitchen wasn’t enough, there’s a second gourmet kitchen in the entertaining area outdoors next to one of the infinity pools.

 

As technologically advanced as it is majestic, the smart home boasts a ballroom that converts to a state of the art screening room. The home also has a formal living and dining room, five en suite bedrooms, separate staff quarters, a wine room, humidor, elevator and a sophisticated home office that doubles as a second screening room.

The Hollywood Hills Villa Allegra estate is currently listed by Hurwitz James Company at $11,900,000. To learn more about this property or to schedule an appointment to tour the estate, contact Bob Hurwitz at 310.477.87865.

The Latest Must-Haves for High-End Living

It’s not just about the structure of the home; it’s the experiences the home can offer. Added amenities can enhance entertainment, recreation, relaxation and overall quality of life within a home. So what are buyers looking for in a luxury home? From The High End Magazine, here are a few of the latest must-have amenities for high-end homes.

Landscape

 

  • Outdoor living areas made private with fences, walls or plantings
  • Outdoor kitchen or other outdoor room
  • Sporting facilities
  • Gardens
  • Water features such as a pond or waterfall
  • Architectural-style pool
Master Suite
  • Mini-kitchen for drinks and morning coffee
  • Elaborate walk-in closets for ultimate organization
  • High-tech jetted tubs and high-tech showers
Entertaining

  • Expansive formal dining room or ballroom
  • Wine cellar
  • Catering kitchen
  • Art gallery
Entertainment
  • Home theater
  • Game room
  • Personal pub
  • Indoor sport court
Super-Efficiency
  • Smart home system
  • Lighting controls
  • auxiliary power sources
  • Energy-efficient green features

Source: The High End Magazine
Photos of Celebrity Villa in Brentwood, CA
via Hurwitz James Company

The Wall Street Journal Addresses the Increased Number of Auctions for Luxury Estates

Real estate auctions used to be associated with short sales and bank owned properties, but this is no longer the case. A recent article in The Wall Street Journal explores the recent market trend of high-end property owners getting hit with price cuts and resorting to auctioning their estate, mansion or penthouse.

The Wall Street interviewed Hurwitz James founder and broker, Bob Hurwitz to get his opinion on auctions within the high-end, luxury real estate market. As you may have heard, our recent auction of the architectural masterpiece The Razor was unsuccessful. Here is what Bob told the Wall Street after the experience.

The process doesn’t benefit sellers, who assume all the risk by paying marketing fees up front . . . auctions can also turn off potential buyers who don’t want to pay an additional 8% to 12% in premiums after the sale, which can amount to a million dollars or more for an expensive home. “It just doesn’t make sense,” he said.

Visit The Wall Street Journal online to Read the rest of the article and hear what other luxury real estate brokers like Bob Hurwitz had to say about the auctioning process in the current market.



Source: The Wall Street Journal
Photo via Hurwitz James Company

The Razor Residence will be Auctioned Tomorrow!

Tomorrow – Thursday, November 10, 2011 – is the day! The Razor Residence will be auctioned tomorrow morning at 11am! The suspense is unbearable, and we cannot wait to see who will become the fortuitous new owner of the most architecturally unique home in the world. We’re imagining the suspense will be quite intense tomorrow as bidders will be vying for the chance to wake up every morning to the most stunning views in all of California in a the one-of-kind architectural masterpiece designed by world-renowned architect Wallace E. Cunningham.

To those qualified bidders who will be attending the auction tomorrow, please remember to bring a Cashier’s Check in the amount of $500,000 made out to themselves or to Leslie Gladstone, Trustee in order to participate. The auction will be an oral bid conducted by the Trustee, and the bidding will begin at US $13,900,000. The property will be sold free and clear liens, unfinished and as is.  The successful bidder will sign a non-contingency purchase agreement, and the sale will be subject to a lender’s approval. Happy Bidding!

For additional information or questions please contact Hurwitz James Company at 888-681-5902.

Photos via Hurwitz James Company

UPDATE: New Terms for the Razor Residence Auction Nov. 10

The terms for the auction of the world-famous Razor Residence, designed by renowned architect Wallace E. Cunningham, have been changed. Interested bidders are no longer required to wire in $500K to the trustee one week prior to the auction. Instead, bidders are now allowed to show proof of funds to close the sale two days prior to the auction! This change is to encourage interested parties to seal the deal before the auction in order to get the best price possible.

Auction Details

Who: For qualified bidders only (to participate, bidders or their authorized representatives must bring a Cashier’s Check in the amount of $500,000 made out to themselves or to Leslie Gladstone, Trustee)

What: The auction will be an oral bid

When: 11AM PDT on Thursday, November 10, 2011

Where: The office of the attorney for the Trustee: Jeff Davis of Mintz, Levin, Cohn, Ferris, Glovsky and Popeo, P.C. at 3580 Carmel Mountain Road, Suite 300 in San Diego, California

How: The auction will be conducted by the Trustee; the bidding will begin at US$13,900,000, and bids are required to be in US dollars and in cash

Parties interested in potentially purchasing the property prior to the auction should contact Bob Hurwitz to schedule an appointment right away at 888-681-5902.

Celebrity Villa For Sale in Brentwood, California

Set behind private gates in the illustrious Brentwood California community, this stunning Celebrity Villa has an unparalleled design that is just as inviting as it is awe-inspiring. With 6 bedrooms, 8 baths and 2 powder rooms, the layout of the grandeur residence is wide open and abounding with natural light. The luxurious master suite alone has a beautiful balcony, a sitting area next to a cozy fireplace, and a bathroom with his and her baths, a steam dual shower and expansive walk-in closets.

The chef’s kitchen is an entertainer’s dream with all Viking stainless steel appliances, wet and dry butlers’ pantries, an extraordinary formal dining room and a charming breakfast room. The kitchen opens out onto the over-sized deck with a view of the sweeping backyard complete with pool and spa. As if this was not enough, there’s also a fantastic home theater, wetbar, elevator, separate dens and maids quarters and a double-gated garage.

Offered at $6,950,000, the Celebrity Villa can be viewed by interested buyers through scheduling an appointment with Bob Hurwitz at 310-477-8865.