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We all know social media is a great tool for all businesses types, but is the the new best place to share listings? Inman shares how Facebook and LinkedIn are becoming more significant for real estate.
Superstars Beyonc and Jay Z are on a real estate buying binge. They made headlines over the summer for a whopping $88 million purchaseof a Bel Air estate. Now they’ve gone backEast for their latest purchase, a stunning $26 million mansion in East Hampton in the exclusive area of Georgica Pond, the New York Post reported.
What spurred such spending? Well, the Carter empire has expanded. The power couple welcomed twins in June. So the growingfamily, which also includes daughterBlue Ivy,needs plenty of space. Like, bi-coastal space.
Known as Pond House, this vacation home definitely gives them room to spread out. The 12,000-square-foot space provides seven bedrooms and 7.5 bathrooms.
The great room in the house is amazing and the location is fairly quiet and a bit out of the way, perhaps making it perfect for them, says Manhattan-based real estate executive Dolly Lenz ofDolly Lenz Real Estate.
Lenz adds,It’s also more classic in design than the modern state-of-the-art property they purchased in L.A.
The private, 2-acre site boasts some 200 feet of frontage on coveted Georgica Pond, and is adjacent to 17 acres of meadow preserve owned by the Nature Conservancy. There’s also a delightful 1,800-square-foot guest cottage that includes a living room, full kitchen, two bedrooms, and two baths.
Details throughout themagnificent main home include hand-carved marble tubs, white oak paneling, parquet floors throughout, and carved stone fireplaces.
The soaring two-story great room lets light pour in with a wall of windows.
Oh, and there’s an infinity-edge pool and spa with views of the pond, a wraparound limestone terrace, outdoor grilling, and room for al fresco dining.
The home was last listed for $28,950,000, so perhaps the duo were able to negotiate to a lower number. Given that the house was on the market for eight (!) years, we’re guessing so. Whatever the case, it’s a refreshingchange from the bidding wars of Los Angeles. The serial rentershad been unlucky with past bids to find a home in Southern California, twice losing outonmansions that had interested them.
While L.A. proved a bit problematic, the Hamptons are welcoming the power couple with open arms.
We are thrilled to have them in the Hamptons and look forward to seeing them out and about, says Jenny LenzofDolly Lenz Real Estate.
Fragrant apples fresh off the tree, crisp air and breathtaking foliage in bright red, orange and gold- welcome to the majesty of autumn in Rhode Island. It’s a very festive and unique time of year to visit the Ocean state- but gorgeous nature is not all there is to enjoy here. From unique art experiences