Bernie Madoff's Palm Beach, Florida home finally sold last year but now another Madoff-associated home, the one belonging to his sister-in-law Marion, has hit the market for $6.5 million. The Wall Street Journal reports that her husband, Peter was the former chief compliance officer at his brother's firm.
The five-bedroom home is on .5 acre and is located in the estate section of Palm Beach, within close proximity to the ocean and Worth Avenue shopping. it has a pool, gardens and fountains. The well-decorated interior space includes a master suite with dual baths that overlooks the formal gardens. The WSJ reports that Peter and Marion Madoff bought the home in 2001 for $3.8 million and ownership was transferred solely to Marion Madoff in 2006. It is listed for $6.5 million with Carole and Brett Koeppel of Sotheby's International Realty.
Bernie Madoff's Palm Beach, Florida home finally sold last year but now another Madoff-associated home, the one belonging to his sister-in-law Marion, has hit the market for $6.5 million. The Wall Street Journal reports that her husband, Peter was the former chief compliance officer at his brother's firm.
The five-bedroom home is on .5 acre and is located in the estate section of Palm Beach, within close proximity to the ocean and Worth Avenue shopping. it has a pool, gardens and fountains. The well-decorated interior space includes a master suite with dual baths that overlooks the formal gardens. The WSJ reports that Peter and Marion Madoff bought the home in 2001 for $3.8 million and ownership was transferred solely to Marion Madoff in 2006. It is listed for $6.5 million with Carole and Brett Koeppel of Sotheby's International Realty.
Today's home has a super motivated seller. This mountain top retreat in Cave Creek, Arizona has been reduced $6 million since being listed. The property offers nearly 75 acres of desert with a forest of saguaro cacti.
The six-bedroom home has been featured by the Wall St. Journal, Arizona Republic, Fox 10 and NBC in Phoenix. It has more than 10,000 square feet of space with 150-year-old oak flooring taken from a Midwest warehouse in the great room. The home takes inspiration both from Tuscan style as well as local adobe. There are lots of skylights including one that lights up the kitchen. The master suite that straddles the top of the mountain for sunrise and sunset views. Other rooms include a wine room, media room and game room. An elevator connects the floors. Outside there is a pool complex and an outdoor kitchen perched up on the hillside. This home is listed at $9.9 million.
Today's home has a super motivated seller. This mountain top retreat in Cave Creek, Arizona has been reduced $6 million since being listed. The property offers nearly 75 acres of desert with a forest of saguaro cacti.
The six-bedroom home has been featured by the Wall St. Journal, Arizona Republic, Fox 10 and NBC in Phoenix. It has more than 10,000 square feet of space with 150-year-old oak flooring taken from a Midwest warehouse in the great room. The home takes inspiration both from Tuscan style as well as local adobe. There are lots of skylights including one that lights up the kitchen. The master suite that straddles the top of the mountain for sunrise and sunset views. Other rooms include a wine room, media room and game room. An elevator connects the floors. Outside there is a pool complex and an outdoor kitchen perched up on the hillside. This home is listed at $9.9 million.
We've covered a lot of Concierge Auctions homes as estate of the day properties. How did they fare? After ace real estate commenter "Spectacular Bid" let me know that the final price for Topridge, a property once listed for $9.8 million, was just $2.25 million, I was inspired to head to the Concierge Auctions website to see what I could find out about other homes we looked at. Not all of the final sale prices are listed but enough are to give a look at what real estate auctions mean for luxury home sales.
The 20,000+ square foot main house has a Gothic tripartite entrance porch. Inside, silk covered walls, molded plasterwork and limestone fireplace blend together in the entrance hall. The great hall has leaded glass windows and doors and leads to a receiving room with a marble fireplace, a paneled library with a carved wood fireplace, an oceanfront salon and a barrel-vaulted Horace Trumbauer ballroom. A colonnaded terrace runs parallel to the salon, overlooking a soft green lawn that runs toward the ocean. The entertaining options including a dining room with ocean views, a waterfront kitchen and butler's pantry. The service wing is located beyond the dining room and two additional floors of staff living and sleeping rooms are located directly above.
The second floor is divided into two oceanfront master suites, both with stone terraces, bedrooms, sitting rooms, offices, baths, fireplaces, dressing rooms, and custom designed closets. Three additional luxury bedroom suites and two smaller bedrooms are situated on the third floor. An elevator serves all three floors and the basement level. A natural gas powered generator is capable of running all systems in the main house as well as providing power to the 3 bedroom carriage house apartment.
The infinity edge swimming pool and pool house pavilion are sheltered from breezes within a brick enclosure. On the shore side, retractable glass walls offer a view while two heated marble cabanas, a covered lounging area, and an extensive sound system add to the ambiance.
Three heated greenhouses provide flowers, plants and topiaries, including Fairholme's signature pink geraniums. The 4000+ square foot carriage house contains a three bedroom apartment, a one bedroom apartment, two staff suites, an office, a gym, several storage garages and a main parking garage that can accommodate five cars. It is listed at $18 million with Lila Delman.
When not serving as a hideout for much-maligned Wikileaks frontman Julian Assange, stately Ellingham Hall (above) in the UK's bucolic Norfolk is available for sportsmen to hunt gamebirds in a classic English country house setting. The 10-bedroom Georgian mansion sited on 650 acres has been a prime shooting ground for four generations of the aristocratic Smith family's ownership. The Ellingham estate offers shooting days in season of between 150 – 200 birds at about $40 per bird, or about $6,000 – $8,000 per day. "Whether you like snap shooting over tall trees, partridges bursting over hedges, or high pheasants flying back to woods, we have something to please all," the estate's listing on the Guns on Pegs site notes. "We work very hard to deliver a smoothly-run but relaxed and friendly shoot. The shoot makes a very good day for eight guns but nine can be accommodated for teams." Ellingham provides refreshments and lunch, and participants are encouraged to bring their own Purdeys and Range Rovers; shooting at Assange is strictly prohibited.
