Real EstateHilary Swank Lists L.A. Home, Frank Lloyd Wright’s Circular Sun House for Sale, and More Real Estate NewsHere’s everything you need to know nowNovember 11, 2021

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The Pacific Palisades home of Hilary Swank.Photo: Jeremy Spann/Home Drone Films

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On the Market

Hilary Swank puts Pacific Palisades mansion on the market

Oscar winner Hilary Swank is giving up her Pacific Palisades, Los Angeles, compound to live full-time in Colorado. The Million Dollar Baby star has listed the 6,700-square-foot hacienda for $10.5 million.

It’s rare to find a Mediterranean-style villa with such an open and bright floor plan in Los Angeles, listing agent Zach Goldsmith of Hilton & Hyland tells AD PRO, including multiple outdoor lounges and dining areas with breathtaking ocean views.

Stepping inside the gates, “You feel like you stepped out of Los Angeles and into a private residence on the grounds of the Biltmore in Santa Barbara,” Goldsmith says. 

Swank bought the house in 2007 for $5.8 million, installing a 16-seat movie theater with an antique popcorn machine, so her family could watch movies “correctly, the way they are meant to be seen,” she told The Wall Street Journal.

She also added a pool and hot tub, a fire pit, and outdoor kitchen, and renovated a hidden speakeasy space with leather walls and more intimate lighting.

Swank and husband Philip Schneider purchased property in Colorado in 2016 and moved there last year during the pandemic. Her new ranch home will enable Swank to embrace her passion for animal rescue, Swank told WSJ, with more space for her five dogs, two parrots, and horse.

Frank Lloyd Wright’s Circular Sun House for sale in Phoenix

A Phoenix home designed by Frank Lloyd Wright, the last before his death, could be yours for the listed price of $7.95 million.

Wright designed the Circular Sun House for Norman and Aimee Lykes in 1959, but it wasn’t built until 1967, under the direction of Wright apprentice John Rattenbury. It’s just one of just 14 circular abodes Wright ever conceived.

Nestled at the edge of the Phoenix Mountain Preserve, the house is composed of a series of circular elements that underscore Wright’s desire to fit within the topography of the land. The Philippine mahogany built-ins and a crescent-shaped pool with mother-of-pearl tile, meanwhile, complement the home’s curves. 

The views the 3,100-square-foot home affords are as breathtaking as the house itself: The primary suite, expanded in a 1994 renovation overseen by Rattenbury, overlooks Palm Canyon, while a second-story office offers 360-degree views of the desert landscape.

After originally going up for auction in 2019, the house was listed again in 2020. More recently, it’s been rented out as an Airbnb, going for $1,395 a night.

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Take a tour of the Circular Sun House.

Zaha Hadid–designed “town house” for sale in Miami’s 1000 Museum

The last available duplex in Zaha Hadid’s 1000 Museum tower in downtown Miami is for sale at $12.9 million.

The 8,360-square-foot town house, as developers are billing it, spans the 10th and 11th floors, linked by an eye-catching floating staircase designed by Hadid. It features five bedrooms and seven bathrooms, as well as oversized floor-to-ceiling windows, a pair of large terraces, and a private elevator.

With a great room overlooking Museum Park, Biscayne Bay, and Miami Beach, the duplex “is a true home in the sky,” sales director Anna Sherrill tells AD PRO. It’s one of four included in the 64-story tower, and the last one still on the market.

The Zaha Hadid–designed duplex.

Photo: Tony Tur

SoHo’s only standalone town house is back in play

The only freestanding town house in New York’s SoHo neighborhood just listed with Development Marketing Team for $7.25 million.

Nestled between Thompson Street and West Broadway, 514 Broome Street looks out onto Sunflower Park, a tree-lined Greenstreets triangle. Inside, the 1930s brick and wood home offers 3,430 square feet of living space across four floors with vintage touches like beamed ceilings, exposed brick walls, chestnut hardwood floors, and both wood-burning and gas fireplaces. The finished basement, home to a 2,500-bottle wine cellar, has its own separate street entrance.

It last sold in 2015 for $6.9 million, a significant reduction from the $10 million asking price.

514 Broome Street.

Photo: Tim Waltman/Evan Joseph Images

$45 million Hudson Valley mansion could break real estate records

A once-in-a-lifetime home in New York’s Hudson Valley is on the market for a cool $45 million. Ledgerock—built, appropriately enough, on a rock ledge on the banks of the Hudson in Hyde Park—was grandfathered in when changes to setback laws meant properties had to be at least 100 feet from the shoreline.

That means this type of build will never be permitted again, says Jason Karadus of Corcoran Country Living, who has the exclusive listing.

Just 90 minutes outside Manhattan, the limestone and glass mansion is easily accessible by car, seaplane, or helicopter—and could even accommodate a landing just outside the front door, according to a release.

Designed by architect Lee Ledbetter, it includes five beds and seven and a half baths, with more than 60,000 square feet of rare stone incorporated throughout the house. The billiards room has a backlit orange onyx bar, for example, as well as zebrawood and cowhide walls, and braided leather flooring.

In addition to the main residence, there is a staff apartment, a two-bedroom guesthouse, and an 18-car garage with a built-in car wash.

Real estate developer Jacob Frydman commissioned the striking home, which was completed in 2010. But he and his wife, Monica, are now looking to downsize. If they get anywhere near their asking price, it will shatter private home sale records in Dutchess County.

The home known as Ledgerock.

Photo: Walker EsnerModel Units

Boffi | De Padova debuts model residences at One United Nations Park

One United Nations Park, the 43-story glass tower in New York’s Murray Hill designed by Pritzker Prize–winning firm Meier Partners, is unveiling two new two-bedroom model residences furnished by Boffi | De Padova, a first for the Italian interiors and furniture company.

The apartment at 39F leans more toward eclectic furnishings appealing to modern buyers—including Rea stools and Donzelletta chairs, a spherical Tsuki lamp by Naoto Fukasawa, and a Ripamonti armchair.

Meanwhile, 28G caters to more subdued tastes, with a Square XL sofa, Sen low table, a Omi Tahara–designed Blendy armchair, and an Elementi suspension lamp by Elisa Ossino.

One United Nations Park includes a range of one- to four-bedroom residences with pricing starting at $1.45 million.

Residence 28G.

Photo: Michael Weinstein Photography/Courtesy of One United Nations Park

A new Era begins on the Upper West Side

In New York’s increasingly cookie-cutter skyline, the ODA-designed Era on the Upper West Side truly breaks the mold: The 20-story cantilevered tower seems to defy gravity, expanding as it ascends to allow for a spacious rooftop swimming pool with views of the Hudson River.

Now, developers Adam America Real Estate and Northlink Capital have unveiled a model unit on the 12th floor, a collaboration between ODA and boutique interior design firm Urban Casa. The 1,800-square-foot residence includes three bedrooms and three-and-a-half baths, with white oak flooring, Bosch washer and dryers, Gaggenau appliances in the kitchen, and Calacatta Gold marble flooring and countertops in the bathrooms. 

The model residence at 12D is listed for $4.55 million, while pricing for the Era’s 57 units ranges from $2.63 million for a two-bedroom home to $13.1 million for a five-bedroom. 

Milestones

Retiring in style in Palm Springs

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A groundbreaking ceremony was held November 5 for Living Out Palm Springs, a luxury retirement community targeting LGBTQ seniors. It’s the inaugural property for KOAR International, which plans to develop similar residences across the United States.

Expected to be completed in 2023, Living Out Palm Springs is being billed as an upscale resort-style community. With an architectural design referencing Palm Springs’ iconic midcentury desert modernism, it will offer 122 one- and two-bedroom apartments, as well as amenities ranging from a movie theater to a full-service restaurant.

“Knowing that too many LGBTQ+ seniors live in unsafe or even openly hostile environments, we wanted to address this issue that is near and dear to us by creating a safe and beautiful community for those 55 and over,” said KOAR president Loren Ostrow in a statement.

Onda is making “waves” in Miami’s Bay Harbor Islands

Across the country, CMC Group and Morabito Properties celebrated a groundbreaking in Miami on November 4. Work has officially begun on Onda Residences, an eight-story boutique condo on Bay Harbor Islands designed by Bernardo Fort-Brescia of Arquitectonica.

Taking its name from the Italian word for “wave,” Onda includes interiors by Carlo and Paolo Colombo of A++ Human Sustainable Architecture and more than 300 feet of bay frontage, with a private marina with 15 slips and sweeping views of Biscayne Bay and the Atlantic.

Though the project isn’t expected to be complete until 2023, more than 60% of the units have already been pre-sold, with prices ranging from $1.8 million to over $9.5 million.

In the News

The Midwest market heats up

Real estate in the Midwest is in “hyper-mode,” according to a new report from Compass that compared market data from September 2021 to the same period last year in Indianapolis, St. Louis, Milwaukee, and Kansas City, Missouri.

Over the last 18 months, “home transactions remain quicker than normal, as other parts of the economy continue to run hot,” Compass managing director Elizabeth Stribling-Kivlan said in the report.

In all, residences in the four cities are selling 31% percent faster than they did in September 2020.

But total sales of single-family homes, townhomes, condos, and co-ops in the cities actually decreased 2.3%.

Stribling-Kivlan attributed the dip to a lack of supply and home shoppers finally being able to go on vacation. (Total housing inventory was down 13% compared to September 2020.)

Indianapolis has the most wind in its sails, with a 13% jump in median sale price year over year and the average time on the market dropping nearly a quarter, to just 19 days.