From a year-high for Hawaii to property that finally found the right agent after two and a half years on the market to a pro-athlete deal, here are four notable sales from Q3 2024.
A $36.5 million mansion on Hawaii’s Big Island
In August, Big Island saw its biggest sale of the year. A $36.5 million transaction for a sprawling 14,500-square-foot retreat in the exclusive Kukio Beach Club community. The watershed price tag is no surprise in Kukio, where estate homes regularly command upwards of $30 million, according to listing agent Carrie Nicholson of Hawaii Life. A stylish Hawaiian palace set on 1.6 acres of lush tropical paradise doesn’t come by every day.
Marketing such a high-caliber property wasn’t without its challenges, says Nicholson. One of the more unexpected hurdles? Finding storage for the sellers’ extensive wine collection. “The sellers had amassed over 600 connoisseur bottles from vineyards across the world, and securing a specialist temperature-controlled storage location immediately before closing proved tricky,” she says. Fortunately, the prized collection found its cool cocoon just in time for the sale to go through.
A two-and-a-half-year listing in Newport Beach finds its hero
There’s a common misconception that elite homes just sell themselves. The recent sale of a three-bedroom seaside home in Newport Beach proves otherwise. Despite its prime location steps from the ocean – plus amenities that include a home theater, sizable terrace with outdoor kitchen, wine cellar, spa and far-reaching Pacific views – the sleek Sabrina Terrace property lingered on the market for over 860 days. Enter Charlie Price, broker associate at EQTY.
“When I took over, we shifted the approach by showing the property off-market,” Price explained. “After just three private showings, we secured not only a sale but also a record-breaking transaction.” At $12.7 million, the closing price beat the asking by $800,000.
An NFL star scores $3 million for his Oregon retreat
LA Rams wide receiver Cooper Kupp knows a thing or two about winning. The 31-year-old NFL star has a Super Bowl ring, a Super Bowl MVP award and was named Offensive Player of the Year in 2021. Last month, Kupp scored again, this time off the field, with the sale of his Wilsonville, Oregon estate for $3 million.
Kupp, a native of the Pacific Northwest, purchased the five-bedroom home in 2020 as an off-season retreat for his family. The NFL champion transformed the four-acre property into his personal training camp, adding a 4,600-square-foot indoor athletic facility known as The Barn to keep his edge sharp year-round. Along with its forested setting, stately architecture and 7,700-square-foot layout, listing agent Kendra Ratcliff of LUXE says that The Barn was integral to the marketing of the estate.
A $2.75 million seafront villa on Croatia’s Dalmatian Coast
Earlier this year, Dino Vulić, managing director of Croatian agency Broker Group, spoke to Forbes.com about a villa he had sold on the island of Šolta for €2.25 million (US $2.44 million). “It’s right on the water. In the summer, you can open up the whole house and feel like you’re on a boat,” he said. A similar description could apply to the most recent sale by Vulić, this time a contemporary seafront villa along the Dalmatian Coast, which fetched €2.75 million (US $3.07 million).
At the time of its completion in 2016, the five-bedroom home was one of hundreds of new builds springing up along the desirable stretch of coastline, and today the region’s development boom shows no signs of slowing. A steady stream of new-construction homes continues to meet the demand of international buyers, who have proven to be some of the market’s most enthusiastic participants.
