A brisk market fueled by unprecedented demand pushes Gulf to Bay Sotheby’s International Realty to #1 brokerage on Gasparilla Island.
Originally appeared Fort Myers News-Press
Southwest Florida’s Gasparilla Island, home to the Village of Boca Grande, is one of the world’s most recognized addresses for understated seaside elegance, premier fishing, and sugar sand beaches within an intimate community. Relishing in the quintessence of coastal living and exuding relaxed sophistication, Banyan Gasparilla Sound, just outside of Boca Grande, is the vision of Florida-based Integra Investments. Designed by internationally acclaimed SB Architects, the community spans 16 acres with 182 bespoke residences and creates a resort lifestyle curated to celebrate wellness with unsurpassed amenities. Gulf to Bay Sotheby’s International Realty is overseeing sales and marketing for the project under the direction of Rich Taylor.
Originally Appeared on SothebysHomes.com
Sotheby’s International Realty is pleased to announce that its global network achieved a record US$204 billion in 2021 global sales volume, a 36% increase in sales growth year over year, as U.S. cities saw a resurgence of interest following the pandemic and sales activity in secondary and resort markets around the world remained strong. The brand’s U.S. sales volume grew by 33.8% year over year, significantly outpacing NAR’s national increase of 20.6% from the prior year,¹ underscoring the brand’s leadership in the high-end market.
“Real estate proved to be a hot investment in 2021,” said Philip White, president and CEO of Sotheby’s International Realty. “Once again, agents affiliated with Sotheby’s International Realty outperformed the industry average and achieved record-breaking home sales as buyers continued to depend on their trusted expertise to navigate a constrained market.”
Originally appeared in the Boca Beacon
This week it was announced that Banyan Gasparilla Sound, just outside of Boca Grande at the Fishery property, has opened up their sales though Gulf to Bay Sotheby’s International Realty’s Rich Taylor. The announcement contains the most details released to date and includes information about the 99 condominiums, designed by SB Architects, that stat at $1.3 million. The sizes will range from 1,400 to 2,100 square feet with two or three bedroom options and will be decorator ready. The project also includes 82 fully furnished resort residences.
Originally Appeared on SothebysRealty.com
Sotheby’s International Realty is pleased to announce the release of its 2022 Luxury Outlook report, which identifies the trends likely to shape the world’s prime housing markets in the year ahead. The comprehensive report offers insight into the high-end real estate industry as the starts-and-stops of the pandemic’s reopening fueled even stronger demand and inventory struggled to keep pace. The global report reveals that relief from the market frenzy may not happen quickly as prices are expected to rise in 2022. In addition, a shift to a hybrid work model is fueling more buyers to invest in real estate and seek larger homes that can accommodate remote work while remaining within commuting distance.
“Once again, Sotheby’s International Realty remains a trusted resource for buyers and sellers looking to navigate the luxury real estate market,” said Bradley Nelson, chief marketing officer for Sotheby’s International Realty. “It was important for us to offer our perspective on the trends ahead as luxury real estate remains a trusted investment amid relatively low interest rates and inflation. Now in its second year, the 2022 Luxury Outlook report offers expert insight following last year’s frenzied housing market and what buyers can expect in the coming year as pent-up demand from international buyers is expected to increase. “
The Sotheby’s International Realty 2022 Luxury Outlook report was compiled by surveying Sotheby’s International Realty agents around the world who transact in the US$10M+ price category. This information was complemented by gathering supporting data from other leading industry experts, including UBS Wealth Management; Henley & Partners, a global citizenship and residence advisory firm; the National Association of Realtors; in addition to art and luxury experts at Sotheby’s, the famed auction house, to round out luxury trends in the year to come.
Key findings featured in the report include:
- 2022 is likely to be the year of the international buyer as borders open and vaccinations and boosters roll out
- Nearly half of respondents agree that a rise in interest rates might affect the market
- In North America, millennials and Gen Xers are expected to make up the majority of luxury-home sales in the coming year
- Between 2018-2042, nearly US$70 trillion will be passed down from older generations and millennials will continue to use their share for real estate, according to Cerulli Associates
- In the U.S., price appreciation of second homes is expected to continue even after the number of transactions slowed due to limited inventory
- The most important amenities for today’s luxury buyers are a garage with storage, first-floor full bathroom, eat-in kitchen, and deluxe primary bedroom suite
“Following another historic year in real estate, Sotheby’s International Realty agents around the world continue to have their finger on the pulse on industry trends and market acuity,” said Philip White, president and chief executive officer of Sotheby’s International Realty. “Luxury Outlook heavily relies on the expertise of our network spanning 77 countries and territories to provide on-the-ground insight on the biggest stories in 2021, from the resurgence of urban cities to the role of cryptocurrency, and what it means for buyers and sellers in the short and long term.”
DIGITAL ARTWORK, LIVING GARDENS, AND SOFTER LINES ARE ALL THE RAGE
Originally Appeared on SothebysRealty.com
Digital artists are basking in the spotlight, architects are branching out with green features in sustainable projects, and designers are softening straight lines. Here are the latest trends in art, architecture, and design.
This year’s pixel-popping prices for digital art, ushered in by Beeple’s $69 million NFT Everydays—The First 5000 Days, have created a whole new community of collectors.
“With NFTs [nonfungible tokens, the unique blockchain files that authenticate ownership of the digital work], the art world finally has a medium that allows collectors to have wide accessibility to art,” says Max Moore, Sotheby’s head of contemporary art sales, Asia. “Traditional collectors have shown great interest in NFTs, too, showcasing that there is real staying power for the medium.”
Edinburgh-based artist Trevor Jones, who, back in 2011, began painting QR codes into his works that are scannable with a smartphone and app, creates works that he describes as a “fusion of fine art with technology.”
Using artificial intelligence, he produces animations and videos that incorporate morphing software to complement and enhance his physical paintings.“Many of my patrons own both my physical and digital works, so they can enjoy the painting on the wall in their home while the digital image or animation counterpart can be displayed on a photo frame such as a Meural or Canvia,” he says.
“A lot of these art enthusiasts are curating their own exhibitions with apps,” he adds.
By incorporating live plants into their blueprints, architects literally are creating green buildings.
Ma Yansong, for example, wrapped his award-winning Beverly Hills condo complex, Gardenhouse, in 26 species of native plants, notably ferns, vines, and succulents, whose leaves and flowers change color with the seasons. And Stefano Boeri clad his pair of iconic award-winning Bosco Verticale residential towers in Milan in 15,000 fragrant trees, plants, and shrubs.
Los Angeles architect Anthony Laney has taken the concept one step closer to nature, planting a 16-foot-tall Australian brachychiton tree in the entry of a home his eponymous firm designed in Manhattan Beach, Calif.
“The [ clients’] inspiration was a trip to Japan, where they saw a home with mature trees in its core,” he says. The project, which won a LuxeRED Regional Award and a Luxe Gold List award, also features solar panels and a landscape of native plants.
All of Laney’s L.A. projects are rooted in nature. In more traditional “green” commissions the firm creates courtyards with gardens, trees, and water features or designs pocket gardens that can be seen from every room.
“In a row of townhouses, for instance, we might create a five-foot to eight-foot open-roofed garden that backs up to a blank wall,” Laney says. “It’s modest in size but significant in impact.” In addition to creating shade and cooling the surrounding air, living plants boost psychological wellness. “We hope to see the idea of planting live trees in homes more and more,” he says.
From the award-winning furniture of Gustaf Westman and the curly-striped rugs of Pieces Home to the undulating pattern of Baina’s organic cotton Johanna bath towel, designers are embracing the comfort of the curve and the placidness of the pastel.
Jordan Cluroe and Russell Whitehead, whose design firm, 2LG Studio, is based in London, see the move toward softness and playfulness as a welcome rebellion against the strictness of straight-lined sophistication.
“Curves speak of nature beyond the capability of man-made, the nonlinear speaks of the future, and the craving of these organic shapes is perhaps a desire for change,” Cluroe says. “It is about facing the impossible head-on, taking a different approach, being open to the unexpected ‘curve balls’ that life can and does throw at us, perhaps particularly in this moment.”
Besides which, Whitehead adds, “curves look damn cool and bring a little fantasy into the everyday.”
The duo’s designs are imbued with a joyful, playful spirit. In their own home, a detached Victorian in South East London that serves as a live/work space and passion project, they explore the quirky beauty of saucy scallops, the headiness of the hand-painted squiggle, and the wonder of wavy pleats that turn up not only on formal draperies but also on complementary center-ceiling lights. The project, they say, allows them to indulge their own fantasies in the interior environment.
Originally Appeared on SothebysRealty.com
Color can set the tone for an entire room, whether you want to ramp up the energy for lively dinner conversation, or create a zen-like sanctuary for relaxation.
Pantone, the world’s foremost authority on color trends, has released their predictions for the top shades for 2022. Their palette brings together comforting neutrals and delightful pops of bold colors in unexpected ways. Pantone’s report showcases a diverse collection of color to reflect a global desire for calm combined with a sense of optimism, joy, and adventure.
Upholstery that pairs hot Poinciana red-orange with cool Spun Sugar blue creates a focal point in this seating area that practically vibrates with energy. The tailored piping ties the colors together in a joyful pairing, while the soothing ceiling shade of Basil adds a sophisticated touch that balances the entire scene. Walls are reminiscent of Perfectly Pale, an updated beige that creates the perfect backdrop for playing with bolder colors.
San Francisco, California | Mary Lou Castellanos, Sotheby’s International Realty – San Francisco Brokerage
The ombre carpet runner on the stairs is a sumptuous addition to this Parisian-style residence in San Francisco. It cascades in rich jewel tones that include trending Skydiver and Harbor Blue. The inviting accent chair with its nod to Gossamer Pink provides a truly unexpected contrast and proves that the pastels of 2022 can deliver rich context within a modern color scheme.
Madrid, Spain | Madrid Sotheby’s International Realty
If there was ever a color that injected both fun and regality into a room, it’s Dahlia. The deep violet-plum provides a refreshing focus in this inviting living room. Lush velvet pillows offer both comfort and luxury with a splash of Innuendo when the light hits just right, while the wood tones on the grand double-door keep everything grounded with the right balance of warmth and welcome.
In contrast to high-energy primary colors and jewel tones, the other half of this year’s color palette focuses on restful neutrals for timeless sophistication. In this chic kitchen, the Snow White wallpops against cabinets painted the pale gray of Northern Droplet. This shade is matched in the bar stools and dining chair upholstery, where it plays against the deeper tones of the Poppy Seed-inspired island and cool metallic frames of the dining furniture.
This charming estate takes a cue from Pantone’s warm Coca Mocha for a natural exterior that harmoniously complements the property’s lush landscape. The earthy tone lends itself beautifully to contemporary Moroccan architecture and the front door’s impressive wooden carving. Whether strolling through the courtyards or relaxing poolside, the home’s espresso hue offers a welcome sense of calm, and proves that color trends aren’t just a consideration for interior design.
Snow White shines in this bright living room, which gains interest from its playful use of geometry: diamonds on the ceiling, mod patterning on the tub chairs, and the hexagonal coffee table at the center. That pièce de résistance is decked out in this season’s best pastel, Gossamer Pink. The whole result is a mesmerizing study in texture and color that’s also highly livable.
Pantone’s color trend predictions for spring 2022 highlight what’s best about the current design moment: the timeless comfort of neutrals and the irrepressible joy of bright, bold hues. Taken together, the possibilities for creating a unique living space are endless.
THIS STYLE OF HOME—WHICH IS FOUND AROUND THE WORLD— OFFERS THE ULTIMATE IN INDOOR-OUTDOOR LIVING
Originally Appeared on SothebysRealty.com
Mediterranean-style architecture is the original indoor-outdoor living.
With their terra-cotta-tiled roofs, stucco or stone facades, columns, ironwork, and arched doorways, these residences are designed to let the sea breezes in and bring the Mediterranean to mind.
Extensive gardens, landscaped with native flora and fauna; pools and water features; vaulted ceilings for air circulation; and plenty of terraces, loggias, and balconies are also hallmarks of these houses. Many have the feel and amenities of resorts, but their natural materials and muted colors blend into the surroundings.
“For years architects have been respecting the environment and they build and design their properties by integrating them into the landscape,” says agent Alejandra Vanoli of Mallorca Sotheby’s International Realty. “The design of these houses helps control the temperature inside and is focused on spending time in the outdoor areas.”
One classic example of the style can be found at an 18th-century stone villa at the foot of the Tramuntana mountain range on the Spanish island of Mallorca.
The property is surrounded by almond plantations and citrus, fig, and olive trees, and the grounds feature palm trees, bougainvillea, hibiscus, and roses, according to the listing. There’s also a pool and a spa, lounging areas and pavilion, plus a small church, a painter’s studio, tennis courts, horse stables, and a riding arena on the estate.
On the interior, which is about 6,500 square feet, features include arched doorways, exposed ceiling beams, fireplaces, and hardwood or tile floors. A loggia allows for outdoor dining, and there’s a courtyard as well. Sotheby’s is offering the property for €3.49 million.
Although Mediterranean-style homes still put a premium on outdoor space, newer builds also take full advantage of technologies, such as integrated systems that monitor temperature. And many have more open-floor plans.
“As some of the more modern trends are open spaces with abundant light, this is now applied in Mediterranean-style homes, too,” Vanoli says. “This is possible thanks to modern technologies to control the temperature inside.”
That’s certainly the case at another five-bedroom, five-bathroom home Mallorca Sotheby’s International Realty is currently representing. The residence boasts a more open layout, extensive windows, and fewer arches inside the home.
Outside, there’s ample patio space surrounding an infinity pool that overlooks the Mediterranean Sea, plus a covered dining area and lounge and a garden. There’s even a private staircase from the primary bedroom suite to the pool area, according to the listing. It’s currently on the market for €6.25 million.
Not surprisingly, the style has been adopted far outside Spain, Italy, and the other European countries that border the Mediterranean Sea. That’s the case at Casa de Cascadas in San José del Cabo, a city on the southern tip of Mexico’s Baja California peninsula.
Overlooking the Sea of Cortez, the 8,210-square-foot residence also features an infinity pool hovering over the water, and views from nearly everywhere on the property. It’s listed at just under US$6 million.
“Every room in Casa de Cascadas features massive sparkling blue water views,” according to listing agent Katie Mariscal of Los Cabos Sotheby’s International Realty. “It has Mediterranean-style rounded windows and doorways, traditional columns, and original ceramic tile. Intimate areas and viewing terraces are scattered throughout the property.”
The home also has wraparound terraces, 250 feet of water frontage that includes two beaches, two pools, four en-suite bedrooms, a gym, an office, and a separate two-bedroom, one-bathroom apartment adjacent to the three-car garage.
Mediterranean-style architecture has even migrated to areas without water views, notes Susie Langford of Colorado-based LIV Sotheby’s International Realty. “In Colorado, there is a surplus of homes that are contemporary, Mid-Century Modern, and that have more rustic mountain aesthetics,” she says. “To have a Tuscan or Mediterranean-style home stands out and makes every day feel like a vacation with its more coastal design.”
Langford recently listed a six-bedroom, 10-bathroom Mediterranean-style home in Parker, Colo. Its stone facade, terra-cotta roof, arched door frames, vaulted ceilings, and outdoor spaces—including a heated courtyard and elevated balcony space with an outdoor fireplace, hot tub, kitchenette, and lounge area—give that old Italian feel, she explains.
But instead of azure seas, it has views of Rocky Mountain National Park, Pikes Peak, and the Colorado Golf Club on which it sits.
Other features include an open layout, two custom-designed offices, a gourmet eat-in kitchen, a two-bedroom guesthouse, and a four-car garage. There’s also a party room with two fireplaces, a marble-and-mahogany bar, and, of course, views of the greens and Pikes Peak in the distance. Meanwhile, in Florida, the Mediterranean style has had several incarnations, according to Dennis Carvajal of ONE Sotheby’s International Realty.
“It was very prevalent around here in the 1920s and 1930s, inspired by Spanish and Italian villas and things like that,” he explains. “It made a big comeback in the late 1990s to 2008 or 2009. And then I think it was overdone.”
The residences of the early aughts were darker, more formal, and compartmentalized, according to Carvajal. But when those properties are updated with open space and lighter color palettes, they are as popular as ever.
“A lot of those homes sat on the market because people didn’t like the style. For a while there, I thought they were actually incredibly undervalued,” he says. “You take those homes and you give them a more contemporary twist—paint them white, make the interiors much more light and bright—and they’re a huge hit. I mean, people see them and they love them.”
One of Carvajal’s current listings is a villa dating to the 1920s located on nearly three acres, one of the largest non-waterfront plots in Miami’s Coconut Grove. The home has been modernized, but retains the classic roof, arched doorways, and indoor-outdoor living indicative of Mediterranean-style architecture.
Offered at US$17.5 million, it includes eight bedrooms and 10 bathrooms, plus two offices, a gym, and a loggia leading to the four-car garage.
The estate also features a reflection pool surrounded by thousands of native trees and plants in its botanical garden by landscape architect Raymond Jungles.
“The grounds are incredible,” Carvajal says. “There are waterfalls, koi ponds, observation decks. It’s just amazing, for lack of a better word.”
How to Pull Off a Sleek Look That Still Feels Cozy
Originally Appeared on SothebysRealty.com
When you think “minimalism,” chances are, in the literal sense, very little comes to mind. And what you do see may be a sterile picture. While the idea of minimalism in décor certainly has its merits (freedom from clutter, simplicity, a spacious feel), for many the concept—and achieving it—may seem unapproachable. But what if you could evoke a minimalist feel that was also inviting?
“Many people have a misconception that minimalism and starkness are the same thing. That’s not true,” says Ximena Rodriguez, principal and director of interior design at CetraRuddy in New York. “Minimalism and warmth do not have to be contradictory principles. For us, a neutral color palette, materials, and textures are the building blocks of warm minimalism,” she says.
At its core, and when designed well, a minimalist home offers a calming environment and a sense of serenity, Rodriguez says. “A cleaner environment creates more space for your mind to concentrate on positive ideas, goals, or tasks.”
Making it feel warm and welcoming is a matter of thoughtful restraint. As Michael Rath, CEO, owner, and director of design services at Trilogy Partners in Frisco, Colo., says, “The path to simplicity is a careful inventory of what is most important and what is not, and that which is becomes the place, and that which is not has no place.”
Carefully Select the Color Palette
While it seems standard practice, minimalist spaces needn’t be stark white. “Color has a big impact on mood, and we’re seeing a movement away from brighter whites and toward warmer neutral tones that offer a soothing effect,” Rodriguez says.
Similarly, architect Elisabeth Post-Marner, principal at Spacesmith in New York, prefers to use quiet colors and textured neutrals, which instill a sense of calm. “Keeping the palette ‘quiet’ allows you to combine different colors,” she says.
Minimalist spaces don’t need to be monochromatic, either. Post-Marner opts for a tonal vibe or uses colors in the same family. For furniture, this might mean using cherry and walnut finishes, which live in the same midbrown family or a range of neutral tones and textures that complement one another.
Rath also goes for neutrals but adds in a burst of color here and there. He looks to calming contrasts as well, such as lighter straight-grained wood finishes with a charcoal gray backdrop.
To maintain a sleek and consistent vibe, and promote a cohesive flow, Nina Magon, of Nina Magon Studio in Houston, uses a trio of hues that are similar in shade and tone and incorporates a range of tonal textures. “To create visual layering that adds warmth and subtle richness, stick to a certain group of complementary hues and bring in a range of different textures and fabrics for visual interest,” Magon says.
Texture is one of the easiest and most effective ways to make a space feel more inviting. “Mixing texture is essential to creating a warm and interesting space,” says Samantha Gallacher, co-founder of IG Workshop, a Miami-based interior design lab and founder of Art+Loom, a line of handcrafted rugs. Think textiles, such as rugs and window treatments, and layered textures (textured wallpaper, chunkier weaves on furniture), she says.
Rugs in particular add visual interest, dimensionality, warmth, and texture without cluttering a space or taking away from the bare beauty of minimalism, Magon says. Incorporating a few different textures can help keep a space varied and welcoming—especially if the colors are neutral and complementary, Rodriguez says. “This is where materials play a role. For kitchens and bathrooms, there’s interest now in stones that feature unique patterns and colors, such as blue and green tones, which bring a much warmer feel than a standard white marble,” Rodriguez says.
Gallacher brings the color palette to life using a gradation of neutrals throughout a space by way of natural elements such as wood, marble, and concrete. Lighting also comes into play. “Lighting that’s concealed or integrated into millwork, for instance, can be very minimalist, but it can also adjust over the course of the day to match circadian rhythms and have a positive influence on mood,” Rodriguez says.
Rath recommends organics such as wood and leather. “Wood and other organics introduce subtle natural patterns that are interesting to behold. Sheen is relaxed, not shiny, and warmer in appearance. Simpler straight grain woods in cabinetry are the way to go,” he says.
Artwork can also bring a sense of dimension, interest, and texture. “Featuring your favorite artwork, or a few curated accessories displayed in smaller moments, can go a long way toward adding style and warmth,” Rodriguez says. And when well-placed, art adds personality and makes a space feel like home, says Anne Carr of Anne Carr Design in Los Angeles. “While you don’t want to over-accessorize, make sure to incorporate personal touches such as vases, framed photos, and coffee table books,” she says.
“Plants bring life and energy, and their rich colors are wonderfully contrasted against a simple neutral palette,” Rath says. They also lend a sense of tranquility and a connection to nature that has proven health benefits like air purification, Rodriguez says. “If your home offers great views of a natural green landscape, you might not need much greenery within your interior spaces. Even so, it only takes a few strategically placed plantings to bring that feeling of nature into your home in a way that contributes to a warm minimalist mood,” she says.
Rodriguez also prefers to incorporate greenery on balconies or other indoor/outdoor spaces. “Landscaping or adding plantings to these areas visually integrates nature into your living space without crowding and cluttering the home,” she says.
Post-Marner loves to incorporate philodendrons, in particular, but with restraint. “When purchasing plants, a minimalist philosophy should be used as well. One five-foot-high philodendron in a living room as opposed to five smaller plants,” she says.
If you don’t have a green thumb, Carr suggests using fresh, rotating arrangements. “They’re a great way to keep things interesting while bringing some life to the room.”
The first principle of minimalism is a clutter-free space. For that, storage is essential. “It should be everywhere and yet not obvious,” Rath says. “I recommend incorporating flush-mounted surfaces that hide everything with an option to open and grab whenever you may need it.”
“The beauty of minimalist design is the ‘less is more aesthetic,’ so the less clutter that is visible, the better,” Magon says. She suggests hidden storage elements such as benches, ottomans, furniture pieces with drawers, and flush push-to-open millwork.
Getting creative with storage is key to successful minimalist design, Rodriguez says. “We like to find ways to conceal storage within our designs for a room by integrating closets into wall paneling, for instance.”
The numbers are in and according to Stellar MLS, Gulf to Bay Sotheby’s International Realty represented the most buyers and sellers in total units sold and also recorded the largest volume of sales for 2020. The information was collected and reported by real estate data company Lalapoint, LLC from July 1st, 2020 through June 30th, 2021.
Click here to read more about the volume of deals represented.
Click here to read more about the number of units represented.