Most Expensive Rental in the U.S.

Beverly House is most expensive rental in U.S
March 10, 2013

by Roberta Murphy–At $600,000 per month, the Beverly Mansion in Beverly Hills, is most likely contender for most expensive luxury rental in the nation.  And it’s got an interesting history as well. It was in the Beverly Mansion that the infamous horse-head-in-bed scene was filmed for The Godfather. John F. Kennedy and his bride honeymooned in the Beverly Mansion. Kevin Costner and Whitney Houston filmed scenes for The Bodyguard here. Marion…

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Spelling Mansion “Officially” for Sale

by Roberta Murphy In 2006, we reported that Candace Spelling, 63, and widow of the later Aaron Spelling, was shopping for a $150 million buyer for her Holmby Hills home: ….Candy Spelling, widow of the late Aaron Spelling, has quietly put their legendary 56,000 square foot, 123-room Holmby Hills mansion on the market for $150 million. Sources say the Westside Estate Agency (WEA) has the pocket listing and that the…

March 27, 2009
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Luxury Homes: From Russia with Love

home staging
October 1, 2008

by Roberta Murphy There’s no doubt that uber-wealthy Russians love luxurious homes–and are willing to pay billions of roubles for well-placed mansions, townhomes and luxurious estates. In Moscow, where luxury buyers are enriched by petrodollars and enthused by strong consumer confidence, a young and wealthy businessman recently paid 2.5 billion roubles ($99 million) for a Moscow town home near the Kremlin. Setting a new Moscow record, this seven-story apartment boasts…

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The F-Word in Luxury Real Estate

by Roberta Murphy Forecl—– It’s a word softly whispered when luxury homeowners in luxe communities like Palm Beach (33480), Beverly Hills (90210), Greenwich (06831) and Rancho Santa Fe (92067) discuss their local real estate markets. Real estate prices have been declining in many of these markets throughout the country, and some of the heavily mortgage homes are ending up as foreclosure sales. The most prominent foreclosure victim of late is…

June 10, 2008
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Nouveau Luxury Home Buyers: Instapreneurs

by Roberta Murphy Who are these young and ultra-affluent buyers of homes in Rancho Santa Fe, Palm Beach, La Jolla, Aspen and Manhattan? Robert Frank, in his best-seller Richistan, calls them instapreneurs (didn’t he coin the term?). These are the new titans in technologies, who have benefited from a rise in financial speculation and governments that support free trade and wealth. Instapreneurs are not plodders when it comes to accumulating…

April 23, 2008
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Most Expensive Mansion in the World: Redux

by Roberta Murphy Last year, I wrote a short article about the worlds most expensive mansion in Mumbai, India being built by uber-wealthy Mukesh Ambani. In addition to arguably being the most expensive private home in the world (how about $1 Billion to build?), it will also be the tallest measuring in at 42 stories. Residence Antilla, though, will only have 27 stories, due to Ambanis desire for taller ceilings….

April 9, 2008
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Most Luxurious Home in Lake Tahoe

March 7, 2008

by Roberta Murphy Thompson I love living in coastal San Diego, but have a special appreciation for mountains and mountain lakes. Among other mountain attractions, its the regularity of seasons, the deep blue water, the towering pines, and the snow pack that accumulates each winter. It is easy to imagine such natural beauty. Now, imagine a 210-acre mountain estate in Lake Tahoe (the tax-free side) with its own serene private…

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Bargains in Luxury Real Estate

by Roberta Murphy To paraphrase Charles Dickens, these may be the best of times and the worst of times at least with San Diego real estate. Few are surprised that the real estate bubble popped in the plethora of new home subdivisions that peppered San Diego County in the last few years. Stupid loans and and unwitting buyers created a marriage that has crippled the real estate industry. But not…

January 12, 2008
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And Just What Is A Luxury Home?

Luxury Home
November 1, 2006

    by Roberta Murphy It is a tough task in relativity to define a luxury home. One’s perspective has as much to do with the definition as does the opulence, location or architectural significance of a particular property. One man’s simple home is another man’s castle, and vice versa. Perhaps it is easier to consider what a luxury home is not. It is not a cookie cutter home in…

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