Designer and Builder Scott Gillen, who has created 22 extraordinary luxury properties and generated more than $130 million in sales, has purchased this rare, 24-acre property.
Selling at $50 Million, this undeveloped land has sold at a record price according to the Multiple Listing Service, with Coldwell Banker Global Luxury representing the buyer. The first day the property came on the market, Scott Gillen initiated contact with the owners through Coldwell Banker’s Sandro Dazzan, who represented him on the sale.
This new milestone sale elevates the Malibu property market to unprecedented heights, building on the powerful upward trajectory of the market. Malibu’s reputation as one of the nation’s most elite property markets has never been stronger following other recent sales including the $85 Million sale of David Geffen’s Carbon Beach compound and the $69.9 million sale of a Malibu estate on Sweetwater Mesa Road.
The coveted flat plateau of land offers 360-degree views of the Pacific coastline, Catalina Island, the Santa Monica mountains and city lights. This rare property will be transformed into a 24-hour manned guard gated community to offer the privacy and security that high-profile buyers seek.
Gillen plans to build 5 custom architectural estates, which are currently projected to start at $40 Million and range up to $60 Million. This bespoke residential enclave will be known as “The Case,” and will set a new high standard for Malibu with a combined listing price of over $300 Million. The homes will vary in size from 10,500 to 13,500 square feet, while the lots will span in size from 2.45 to 5.78 acres.
“The Case” will provide an unrivaled location to showcase Gillen’s award winning and sought after design aesthetic. For the first time in Gillen’s career as a designer and builder, he will work closely with an outside architect, Richard Landry.
Photos courtesy of Simon Berlyn, Sandro Dazzan and Coldwell Banker
Grace Bay Resorts has launched sales for Rock House, a Mediterranean-inspired collection of cottages, homes and suites with unparalleled views.
By Alyssa Gautieri
The Rock House, the first residential resort in the untouched limestone cliffs of Providenciales’ north shore, is introduced by developer Mark Durliat. With hope to elevate island living in Turks and Caicos, Rock House will feature 41 studio suites, one- and two-bedroom cottages ranging from 600 to 1,750 square feet and priced from $600,000 to $1.4 million.
The first phase of Rock House is slated to be complete in 2020, with a second phase of homes to follow. The second phase will include four additional four- and five-bedroom single-family estates.
“We are re-imaging what it means to escape to the islands, and buyers are responding. Twenty-five percent of the homes have already been reserved,” said Mark Durliat, CEO and co-founder of Grace Bay Resorts. “With an exclusive location in the upscale residential neighborhood of International Drive, Rock House will deliver an elegant property with timeless appeal that cannot be found in a traditional oceanfront condominium.”
The property will include personal plunge pools, private outdoor terraces, bathrooms with outdoor private shower gardens, and floor-to-ceiling glass windows and doors to maximize the views of the island’s turquoise waters.
Set upon a hilltop, Rock House’s signature restaurant will blend into the site’s natural beauty while offering dazzling views of the archipelago’s barrier reef and Atlantic Ocean. Other amenities will include a relaxing spa, energizing fitness center, tennis courts and winding jogging trails.
Photos courtesy of Rock House
This property originally appeared in the Spring 2017 Edition of Homes & Estates Magazine.
Maximizing the gorgeous views and providing easy maintenance, this 12,000-square-foot beachfront home in South Sound, Cayman Islands has been built on pilings. At the same time, the home (Barco a la Vista) offers extra storm production and covered parking and storage. “It is extremely rare to find a luxury home that is as practical as it is beautiful,” says listing agent JC Calhoun of Coldwell Banker Cayman Islands. The 6-bedroom, 8-bath home features an open kitchen with a dining table boasting 270-degree sea views, wine cave, billiards room, library, gym, home theater, sitting room, office, pool, Jacuzzi, elevator, seafront decks on each level, a covered observation tower above the master suite, and a new dock from this summer. “All the bedrooms are beachfront ensuite bedrooms and there are lots of activity rooms before you even get outside, which, of course, is the best part of living in Cayman,” says Calhoun. The very conveniently located home is offered for $7.25 million.
For more information, visit www.coldwellbankercayman.com.
Agent Information: JC Calhoun | jc@cirealty.ky | T. 345.945.4411 | Coldwell Banker Cayman Islands Realty
A beautiful oceanfront property, once owned by Diane Keaton, is being sold for $15,989,000.
By Alyssa Gautieri
Constructed for the J. Roy Smith ranching family in 1928, 989 Cliff Drive is an estate-style home located within Shaw’s Cove in Laguna Beach. The classically designed Mediterranean Revival beachfront home belonged to the J. Roy Smith’s until Diane Keaton purchased it in 2002. Having been restored, the property features magnificent gardens, a stone terrace and outdoor fireplace.
The beachfront home has beautiful views of the ocean from multiple terraces and all major rooms, as well as private access to the beach. With exquisite original artisan tile and ironwork, the four-bedroom home’s beautiful interior matches its exterior appeal. From the property’s prominent location to its rich history, 989 Cliff Drive is truly a unique home.
The property is listed with Mike Johnson of Villa Real Estate for $15,989,000. To find out more about this magnificent home, check out the property’s listing.
Photos courtesy of Robert Hansen