Always in Style

Whether it’s due to the sound of waves crashing on the shore, views of the sun setting on the open water or the scent of the fresh, crisp waterfront air, homes along the water never seem to go out of style. From coast to coast, high-end buyers are in the market for luxury waterfront properties — from teardown properties with coveted views of the California coastline to luxurious estates overlooking Lake Burton.

By Alyssa Gautieri

Northern New Jersey

From lakefront to beachfront, New Jersey has a selection of luxury, waterfront properties on the market. Focused on the properties along the northern lakes, Lynn Brescia of Coldwell Banker Residential Brokerage finds that high-end buyers now want more than just great waterfront views and a luxurious standard of living.

 

Often year-round homeowners, “buyers are looking for areas that allow for outside water activities and local communities that promote social activity,” she says.

764 Pines Lake Drive West

Wayne, New Jersey

Photo courtesy Coldwell Banker Residential Brokerage / NJ

While average prices range between $1 million and $2 million, there are also indulgences such as a $14 million-dollar property in Greenwood Lake, New York. Brescia notes that “homes between $1 million and $1.6 million seem to be in the highest demand.” She adds, “The demographics are often locals between the 40-50 age range with children still at home.”

 

While northern New Jersey often attracts local buyers, “there are some out-of-state buyers, more from New York City, who are considering a move to a waterfront home,” Brescia notes.

Lake Burton, Georgia

Popular among second-home buyers, Julie Barnett of Harry Norman, REALTORS asserts that the beauty of Lake Burton makes it the perfect destination for a vacation home. “Lake Burton is the prettiest lake in the Southeast and only an hour and half from Atlanta, Greenville and Ashville,” she notes.

 

Many buyers come from Atlanta, however Barnett has also noticed a trend of young people investing in lakefront property.

 

While the most expensive waterfront listing in Lake Burton is currently $5.9 million, waterfront homes around $1 million are attracting many potential buyers. Most often a small fishing cabin, teardown properties under $1 million are often purchased due to prime location. For a home priced between $1 million and $2 million, buyers may find a space that needs many upgrades. According to Barnett, a move-in ready home is more likely available in the $3 million-plus price range.

 

While waterfront inventory has gotten lower in recent years, the new year has brought more activity to the Lake Burton area. Barnett notes, “in the first quarter of 2018, we had three times the number of sales that we had the first quarter of 2017.”

Tampa Bay, Florida

Due to recent growth and the new construction of luxury hotels on Clearwater Beach, high-end buyers are being drawn to the Tampa Bay area, according to Martha Thorn of Coldwell Banker Residential Real Estate.

 

Both local and out-of-state buyers are in search of new-construction, waterfront properties — particularly focused on homes built above the floodplain. “If we are talking about trends in the luxury market — any property over $1 million, it is very slow unless it is a gulf-front property,” says Thorn, who has noticed waterfront properties selling faster this year.

 

“There are plenty of luxury homes in our area to sustain the market,” she adds. “As far as up-and-coming areas, anything in South Tampa and near downtown St. Petersburg is selling like hotcakes.”

 

Recently selling for $7.2 million, a gulf-front home on Redington Beach in Pinellas County is among the highest waterfront sales in the area. Belleair Shore, a beachfront community, is also one of the highest priced areas with prices ranging from $3.5 million to $6.7 million.

943 Bayshore Blvd.

Tampa Bay, FL

Photos by Cary John Photography, Courtesy Martha Thorn

Savannah, Georgia

From homes bordering tidal creeks and deep-water creeks to beachfront homes on the Atlantic Ocean, Savannah embodies a unique waterfront market.

 

Richard Mopper of Engel & Völkers Savannah notes that “the Savannah market has seen a sharp price correction and values are on an upward swing.” He adds, “waterfront properties, due to scarcity, are rising quicker than the rest of the market,” with waterfront properties ranging anywhere from $800,000 to $14 million in Savannah.

 

Savannah has a limited number of luxury waterfront homes, which makes it difficult to sustain buyers’ needs. With competition tough in Savannah, the market is making room for new up-and-coming areas. “There are exceptional opportunities for waterfront properties south of Savannah in the quaint areas of Bryan, Liberty and McIntosh Counties — where currently there is an exceptional selection of quality waterfront homes and lots,” Mopper says.

 

According to Mopper, the buyers include locals in an upward spiral as well as people from all over the globe. “The mystique of Savannah has made the community internationally known with people interested in second and third homes,” he says.

Palos Verdes, California

We have a saying in California, ‘you’re either waterfront or you’re not,” says Megan M. Neel of RE/MAX Estate Properties, who mentions that desirability for waterfront properties is growing in California and hence, so are the prices.

 

Located in Palos Verdes Estates, Neel has a waterfront property currently listed at $23.888 million — a price that is significantly above other waterfront properties in the area, with the most recent highest-priced waterfront property selling for $16 million.

“This property is on the higher end of the spectrum,” notes Neel, who finds that most waterfront homes are teardown properties starting in the $6 million to $7 million range. “There are so many people that would love to live on the ocean, but affordability is often a factor,” she adds.

 

With many properties being purchased for the land and location, water views become an important factor for buyers. “In this area, the most coveted views are ones that include the coastline not just the horizon,” Neel says.

5 White Water Lane

Dana Point, California

Photos courtesy Tim Smith, Coldwell Banker Residential Brokerage

King County and the Greater Puget Sound, Washington

Attracting a diverse audience — with about 50 percent being locals and 50 percent coming from out of state and other countries — the waterfront market is booming in Washington. According to Kelli Langford of Keller Williams Realty, “prime waterfront properties with acreage and views are going quick. They are not sitting on the market long.”

 

With King County’s Lake Samamish, and Pierce County’s Lake Tapps on the map as up-and-coming areas, Langford believes there are enough luxury, waterfront homes on the market to sustain buyers’ needs. “Washington offers many wonderful lake and waterfront homes in King County and the Puget Sound,” she says. “With patience, perseverance and the right Realtor, buyers should be able to find the waterfront home of their dreams.”

 

Currently, the most expensive waterfront property is located in Bellevue with a listing price of $45 million. Another prominent listing is in Lake Tapps, which is priced at $4.3 million.

This article originally appeared in the Summer 2017 edition of The High End magazine. For more information about The High End, click here.

As the president of a firm that has developed more than $1.3 billion of property on the Cayman Islands, Jackie Doak has been instrumental in the region’s progress.

By Kelly Potts

 

Jackie Doak traveled what she calls a “very wandering path” that led to her becoming the President of Dart Real Estate, a Cayman Islands investment, development and management company. Doak has been with the company since its flagship development, Camana Bay — a 650-acre commercial and residential master-planned New Urbanist town — and has helped the company break barriers on the island ever since.

What are some major developments you’ve worked on with Dart Real Estate?

I worked on Camana Bay from its teaser, to announcing that it was open, to now celebrating our 10-year anniversary. Building a town in itself was a great experience, but hospitality and the way people feel is part of my DNA. I was part of the creative, collaborative design team of Kimpton Seafire Resort + Spa, and I also had the benefit of working on the Cayman Islands Yacht Club, which we acquired in 2011.

What was the design process like for Kimpton Seafire Resort + Spa?

Kimpton was the first new resort in the Grand Cayman in 10 years; we’d been fairly static as a tourist destination since 2005. We acquired the land that Kimpton is on in 2011 and spent a year master-planning going up five additional stories on the existing structures and adding additional buildings on the site. Although there was value in building up, we realized that if we demolished the hotel and started fresh, we’d have a much better product. We’re very proud of the decisions we’ve made and innovation is one of our values. Interior Designer Martyn Lawrence Bullard has the perfect personality for the residences at Seafire, which will be finished later this year for occupancy.

What do you hope that guests or residents of your developments will experience during their stay?

When I travel with my family, I come back with moments that really resound with me. And that, to me, is what I would like our visitors or customers to take away — meaningful moments that impact their life. It’s great to come to Camana Bay and buy a beautiful dress, but it’s more impactful where you went in that dress and what you experienced. We also want to create and capitalize on the infrastructure of the Cayman Islands. We surprise and delight many who come here for business, and we want to supplement that.

Location photos courtesy Camana Bay

Can you tell me about the placemaking approach used in your projects?

We really say that greater than the sum of our parts is our design excellence. If you don’t think about the experience of your customers or clients as they move through a property, as they park their car or as they walk around, you can be very functional, but not successful in making an impact. We focus on places that inspire you to live your best life. We take into consideration where the breeze comes from, how the sun moves over the property and how landscaping and water and shading will cool areas. We strive to make a place as inspiring as we can to promote health, activity and wellbeing.

Does Dart Real Estate have any exciting plans or projects coming up?

We recently completed a three-day workshop for Camana Bay in regards to a new commercial office building, a supermarket and doubling the capacity of the school. We’re going to have a very busy development cycle over the next few years, as we are also working on a 5-star resort in the Cayman Islands, where we have the opportunity to create multi-generational experiences including things like a lazy river and slide, kayaking, ziplining and a museum. We’re also talking about Phase Two of the Kimpton Residences, with 17 of 62 residences already pre-sold. The sales velocity has been very rapid, so we’re looking at creating an additional tower of residences at Kimpton Seafire.

What is your favorite aspect of being President of Dart Real Estate?

It’s great being president of an amazing company, but I was also the first female president of Dart. No day is the same and that’s what thrills me about working with this company. We have a very diverse group of individuals with many different life and education experiences, and we have a visionary and amazing shareholder in Mr. Dart. Being able to be a part of this company and inspire future generations is what makes it more than a job; every day I’m given the opportunity to leave an impact in the Cayman Islands.

Photo courtesy the Residences at Seafire/Dart Real Estate

This luxury, private residence will debut in 2020 on Costa Rica’s premier Guanacaste shoreline.

Rosewood Residences Puerto Papagayo unveiled its first phase of luxury real estate offerings, allowing potential homeowners the opportunity to secure one of 45 residential offerings available during phase one.
“We are elated to see the reality of Rosewood Puerto Papagayo come to life as we begin accepting phase one residential reservations,” says Amy Davis, sales director for Rosewood Residences Puerto Papagayo. “For world travelers and prospective homebuyers who wish to call Costa Rica home, Rosewood Puerto Papagayo will perfectly capture Costa Rica’s pura vida luxury lifestyle.”

Located on the northern Guanacaste shoreline in Costa Rica, Rosewood Puerto Papagayo overlooks the expansive Gulf of Papagayo, the setting for the country’s premier destination for all things luxury and some of the world’s most sought-after beaches. When the resort opens in 2020, it will ultimately boast 98 privately owned residences ranging from studios to 5-bedroom. The property will also feature a 138-room hotel.

The first Rosewood in the country, the community is designed to follow the brand’s core philosophy of A Sense of Place® and will use indigenous materials and locally inspired artwork throughout the property. The accommodations and residences are designed to make the most of the natural surroundings, with features such as open-air living rooms, large terraces and plunge pools. The suites will offer 2-story treehouses whose striking, contemporary design will bring a sense of delight, privacy and romance with unmatched views of the Pacific Ocean. Three of the 11 treehouses will be available for purchase.

Keeping up with the sense of intimacy and luxury hospitality that Rosewood provides, the resort will provide amenities such as Sense, a Rosewood Spa®; beach club; tennis center;  Kids’ Adventure Club; and shopping and restaurants.
The half-mile sandy beachfront will offer endless water activities and access to deep sea fishing expeditions, while the culinary offerings include a working farm-to-table restaurant and several fine and casual dining opportunities.

“Expanding our global portfolio with our first property in Costa Rica allows for the brand to draw inspiration from the natural beauty of the Guanacaste coast, which aligns with our ‘A Sense of Place®’ philosophy,” says Radha Arora, president of Rosewood Hotels & Resorts. “The destination perfectly embodies the Rosewood lifestyle and we look forward to introducing the resort to future guests and residents.”

A 15-minute drive from Liberia International Airport, the resort is situaed on the closest beach to the airport.
Rosewood Puerto Papagayo is the product of a team of globally-respected developers, architects and marketers including Aldesa’s team of engineers and builders, Zürcher Arquitectos and IMI Worldwide Properties.
In the first phase of development, 45 exclusive residences will be available priced from $450,000 to $2.9 million. Sales will launch in November 2017.

Whether it’s a beautiful cottage looking out upon the Atlantic Ocean from Martha’s Vineyard, a luxurious island mansion on the shores of Nantucket, or even an idyllic, historical home with bay views on Cape Cod, the shorelines of Massachusetts are appealing locations for buyers looking for a luxury, waterfront experience.

By Kristen Ordonez

Photo courtesy Maury People Sotheby’s International Realty

Gary Winn, Broker at Maury People Sotheby’s International Realty, knows all too well about the benefits of purchasing a waterfront home, specifically in Nantucket. “I can’t speak for all of Massachusetts, but buying waterfront property on Nantucket is a great opportunity and a great investment.”

Similar to other regions of New England, waterfront properties in Massachusetts aren’t limited by a small inventory, but instead face difficulties in finding room to expand. As Winn mentions, a stretch of land with water frontage is rare because “they’re not making any more” of them. However, this fact opens up the opportunity to either purchase an existing waterfront home with a long history, or start from the ground up by refurbishing or building a new construction. As featured below, many of the most expensive waterfront properties in Massachusetts are original mansions or homes that have been around for decades, as well as fully renovated estates that are new to the shore.

Nantucket and other shore towns in Massachusetts offer an array of opulent estates for the most discerning buyers, providing exclusive lifestyles that are not available elsewhere. “When you come to Nantucket, although you may not be travelling far, you really feel like you’ve gone someplace,” says Winn.

If you want to buy something for $10 million or more in Massachusetts, then here are your options:

$42,500,000
4 Middle Valley Road and 48 Shimmo Pond Road, Nantucket
Designed by renowned Jacobsen Architecture, the Harbor Hill Estate on the Shimmo waterfront features luxurious amenities, state-of-the-art systems and exceptional execution on an elevated harborfront, 4.5-acre parcel with private beach stairs.
Listed by Donna Barnett of Maury People Sotheby’s International Realty

$35,000,000
260 Polpis Road, Nantucket
With over 60 acres and unobstructed views over Polpis Harbor, this Swain’s Neck estate is situated on a peninsula and potentially the island’s most private family retreat.
Listed by Jonathan Radford of Coldwell Banker Residential Brokerage

$32,750,000 to $28,500,000
72, 76 and 78 Pocomo Road, Nantucket
Unique waterfront compound with 300-degree dramatic views, privacy, direct access to a gorgeous sandy beach, boat moorings and multiple dwellings, including a main house, studio, 2-bedroom cottage, 6-car garage, pavilion and guesthouse.
Listed by Gary Winn, Bernadette Meyer, and Craig Hawkins of Maury People Sotheby’s International Realty

$24,500,000
22 & 24 Easton Street, Nantucket
Perfectly situated on the inner harbor waterfront in the heart of Brant Point, this spectacular property boasts 120-plus feet of waterfront and one of only three private deepwater docks on the island.
Listed by Edward Sanford of Great Point Properties

$19,995,000
13 Squam Road, Nantucket
This oceanfront, private compound was designed for the discriminating buyer to enjoy the island of Nantucket with a main house, thoughtfully designed outdoor living areas and a private boardwalk that leads to Squam Beach.
Listed by Chris Kling of J. Pepper Frazier Real Estate

$19,995,000
97 Tilippi Run Street, Cape Cod, Chatham
Boasting one of the most spectacular properties on the Cape Cod shoreline, this shingle-clad, 6-bedroom estate is poised on 1.9 acres and majestically resides over the Atlantic Ocean, Monomoy
Islands and Nantucket Sound with 10,974 square feet of living space.
Listed by Christopher Rhinesmith of Pine Acres Realty

$19,950,000
119 and 119R Eel Point Road, Nantucket
An outstanding property consisting of 2 homes, each sitting on nearly 2 acres; offered together, the main house, studio and cottage overlook 4 acres of oceanfront real estate on the north shore of Nantucket Island.
Listed by Gary Winn of Maury People Sotheby’s International Realty

$19,750,000
46 Easton Street, Nantucket
The most authentic, unrestored Old Nantucket homestead available on the island, “Auburn Cottage” is available for new owners for the first time in its history. This truly is a once-in-a-lifetime chance to own an iconic island landmark.
Listed by Bill McGowan of Lamacchia Realty, Inc.

$19,525,000
40, 41 & 43 Ocean Avenue, Nantucket
Located just a short distance from the center of Main Street, “The Sheiling” is an elegant home with many custom details throughout and panoramic ocean views from almost every room.
Listed by Jeanne Hicks of Lee Real Estate

$19,500,000
7 Starbuck Neck Road, Edgartown
A rare offering in one of Edgartown’s most coveted neighborhoods, this exclusive, 1.2-acre estate has spectacular water views of Edgartown Harbor, Edgartown lighthouse and Nantucket Sound from three sides of the house.
Listed by Thomas Wallace of Wallace and Co. Sotheby’s International Realty

$19,250,000
79 Turkeyland Cove Road, Edgartown
Custom-designed by Bradenburger Taylor Lombardo Architects from San Francisco, and built by reputable island builder John Early, this unique and lavish home is in a league by itself.
Listed by Thomas Leclair of LandVest

$18,900,000
192 and 187 Mishaum Point Road, Dartmouth
At the tip of Mishaum Point, Robert A.M. Stern created a Shingle-style masterpiece that is perfectly sited to embrace the full scope of its 270-degree ocean views and features handcrafted details throughout.
Listed by Robert Kinlin of Robert Paul Properties

$17,500,000
The Oaks, 49 Margin Street, Cohasset
The Oaks, a private 9.41-acre peninsula with 1,800 feet of ocean frontage and a protected 112-foot deepwater dock, is a magnificent 20,000-square-foot Georgian Revival mansion that has been renovated to the highest standards.
Listed by Jonathan Radford of Coldwell Banker Residential Brokerage

$16,995,000
45 Hulbert Avenue, Nantucket
The iconic Brant Point property is complemented by native Rosa Rugosa, a lush side and front lawn for entertaining and a 6-bedroom home, which boasts a balanced blend of yesteryear and today’s modern amenities.
Listed by Laura Fletcher of Great Point Properties

$16,950,000
50 Oyster Watcha Road, Edgartown
Ideally and prominently positioned on the southernmost peninsula of Oyster Pond, this idyllic compound offers over 1,200 feet of private waterfront on Oyster Pond and access to over 2,200 feet of Atlantic beach.
Listed by Peyton Wallace of Wallace and Co. Sotheby’s International Realty

$16,800,000
Kragsyde, 27 Smiths Point Road, Manchester
Finished in 2015, this modern stone and glass estate is a spectacular waterfront property that combines uncompromised ocean views with breathtaking modern architecture, contemporary convenience and unsurpassed luxury.
Listed by Darin Thompson of Stuart St. James, Inc.

$15,250,000
2 and 4 Morse Street, Edgartown
Multi-lot waterfront family compound consisting of two primary homes of equal quality and a separate studio/office, all with dramatic views of Edgartown Harbor, the Lighthouse, and Katama Bay.
Listed by Twanette Tharp of The Tharp Group

$14,500,000
96 Beach Road, Edgartown
This dramatic compound is set amidst 150 acres of conservation land. Completed in 2010, and offering almost 10,000 square feet of living space, this 5-bedroom, 7-bath custom home affords every amenity with exceptional finishes.
Listed by LandVest

$14,500,000
33 Proctor Street, Manchester
A rare opportunity to own a waterfront family compound consisting of 2± acres on Manchester Harbor. With 325± feet of water frontage, the property offers direct boating access to Manchester Bay and beyond.
Listed by Lanse Robb of LandVest

$13,995,000
8 Lavendar Lane, Nantucket
Stunning 280-degree panoramic and unobstructed water views can be enjoyed from this Eel Point location. The house and cottage sit on 5.5 acres and have direct beach paths to some of the island’s most ideal beaches.
Listed by Chris Kling of J. Pepper Frazier Real Estate

$13,900,000
421 Main Street, Osterville
Overlooking the beautiful waters of East Bay and Nantucket Sound sits this sophisticated yet intimate waterfront estate that has been completely upgraded from stem to stern with the highest-grade
materials and exceptional craftsmanship.
Listed by Robert Kinlin of Robert Paul Properties

$13,450,000
19 East Tristram Avenue, Nantucket
The quintessential Dionis waterfront property featuring an
attractive 4-bedroom, 4-bath home, high elevations allowing for expansive views of Nantucket Sound, and a wonderful bath and beach house.
Listed by Edward Sanford of Great Point Properties

$12,900,000
55 Eel Point Road, Nantucket
One of Nantucket’s most beautiful homes in one of Nantucket’s most valuable locations! Immaculate 5-bedroom, 5-bath residence on 2 acres with a rare backyard beach path.
Listed by Steve DiFrancesco of Hunter, Reed and Company

$12,500,000
27 Ocean Bluff Drive, New Seabury, Mashpee
This truly exquisite home has easy access to the flawless white sandy beach and is situated close to all the activities of Popponesset, New Seabury country club and golf club.
Listed by Paul Grover of Robert Paul Properties

$12,500,000
10-54 Sipson Island, Orleans
Sipson Island, a 25-acre landmark on the eastern coast of Cape Cod, is presented for sale in its entirety for the first time in generations and features several year-round dwellings and an extensive private beach.
Listed by Paul Grover of Robert Paul Properties

$12,250,000
17 Squam Road, Nantucket
With 180 degrees of spectacular ground-floor ocean views, few opportunities arise to find another rare 5-acre waterfront parcel like this one.
Listed by Susan Chambers and Juliet Hunter of Maury People Sotheby’s International Realty

$11,950,000
13 Kingsbury Lane, Orleans
This secluded 4.4-acre waterfront estate overlooking Pleasant Bay features a new 8,500-square-foot residence with magnificent views of a bay studded with islands.
Listed by Robert Kinlin of Robert Paul Properties

$11,250,000
260 North Bay Road, Osterville
Capturing the luxurious spirit of Oyster Harbors, a private gated community, this stunning Royal Barry Wills waterfront residence features elegant interiors with rich details, extraordinary views and 275 feet of water frontage.
Listed by Robert Kinlin of Robert Paul Properties

$11,000,000
4 Gosnold’s Way, Chillmark
A rare opportunity to own one of Chillmark’s premier waterfront
locations. Enjoy over 22.75 acres of scenic, natural landscape from this unique parcel.
Listed by Gerret Conover of LandVest

$10,995,000
520 Shore Road, Chatham
Sand Bars is the largest waterfront parcel on Shore Road and offers stunning, elevated views of Chatham Harbor and the Atlantic.
Listed by Christopher Rhinesmith of Pine Acres Realty

$10,800,000
“The Whale,” 849 Main Street, Vineyard Haven
Affectionately known as “The Whale” and owned by the same Vineyard family for more than 60 years, this West Chop waterfront home on 1.62 acres in Vineyard Haven is a true Martha’s Vineyard classic.
Listed by Carol Shore of Coldwell Banker Landmarks Real Estate

$10,750,000
46 Shimmo Pond Road, Nantucket
“High Shimmo” is ideally situated at the end of Shimmo Pond Road, creating a private oasis accented with private beach and sweeping views of the harbor, the channel, and out to Nantucket Sound.
Listed by Edward Sanford of Great Point Properties

$10,750,000 or $20,000 a week
53 South Water Street, Edgartown
Harborfront on South Water Street, this 4-bedroom home is impeccably landscaped right down to the water’s edge. A quaint boathouse for kayak and fishing pole storage, plus a deepwater dock complete this special village home.
Listed by Gerret Conover of LandVest

$10,750,000
32 Ocean View Avenue, Edgartown
Located on exclusive Ocean View Avenue, this custom contemporary home offers panoramic views of Edgartown Harbor and Chappaquiddick Island.
Listed by Thomas Leclair of LandVest

$10,650,000
205 Eel Point Road, Nantucket
This waterfront wonder represents an opportunity to own 2.9 acres on the well-protected Madaket Harbor in Dionis. Enjoy beautiful sunsets, over 130 feet of beach, and water sports right out your back door.
Listed by John McGarr and Kristen Gaughan of William Raveis

$10,500,000
“Cliff Cottage,” 22 Quitsa Lane, Chillmark
Originally built in 1850 and remodeled by the current owners, “Cliff Cottage” enjoys one of the most picturesque settings and water views on Martha’s Vineyard and reflects today’s lifestyle and amenities.
Listed by Thomas Wallace of Wallace and Co. Sotheby’s International Realty

$10,000,000
32 Boldwater Road, Edgartown
This amazing property offers open living areas, countless unique features and an abundance of glass windows and doors facing the water and the beautiful landscaped grounds.
Listed by Gerret Conover of LandVest

This story originally appeared in Unique Homes Summer 2017. 

CLICK HERE TO SEE THE DIGITAL VERSION.

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