Saturday, December 1, 2018

Today's Best Mansions

Which one is your favorite?   Check out "Today's Top Three Mansions" everyday at:    

#1    100 Mecox Bayfront Dune Road, Bridgehmpton, NY 11932 with 5 bedrooms, 8 baths, and 6,000 sq.ft. is listed for sale at $24,900,000


This ultra-modern waterfront home has achieved unprecedented standards in sophisticated architecture and interior design while maximizing the panoramic views of Mecox Bay and the Atlantic Ocean through walls of glass and a rooftop entertaining area. Brought masterfully to life by world-renowned Barnes Coy Architects, known for distinctive modern residential designs in the Hamptons, this new construction home on coveted Dune Road in Bridgehampton is a modern work of art. Directly adjacent to the property there is a private deeded ocean access path to one of the Hampton's most sought-after beaches. Enjoy sunset views over Mecox Bay and the Atlantic Ocean from your spectacular rooftop deck, with a one-of-a-kind entertaining area and custom pool.The finely finished estate stands four spacious stories, with an elevator transporting you to each level, amid beautiful greenery and glistening water beyond. Floor-to-ceiling windows in every room receive generous light, bringing the outdoors in by showcasing the stunning views. Electronic shades controlled by Lutron afford privacy when required. Designer lighting illuminates the home throughout, with linear lighting on all important walls for extra impact when displaying art. A Sonos sound system with individual amplifiers and built-in speakers along with Lutron audio/visual control heightens the sensory experience. An outdoor kitchen and heated pool and spa on the roof terrace makes hosting or relaxing an easy affair.Two separate entrances lead you to the ground level with stone floors and incredible storage space for your beach accessories, bikes and belongings. The oversized 3-car garage with an optional lift for a 4th car and electric car charging station also accesses the interior and is ready for your car collection. Five serene en-suite bedrooms can be found on the first level, overlooking the glistening water. The incredible master suite is distinguished by a large sunny bedroom with a private north-facing terrace with sound system, heaters and custom detailing such as a clear glass railing, wood decking, and teak ceiling. Additionally, the master suite features his and hers dressing rooms and spa baths with custom stone vanities and radiant heat flooring. All bathrooms, including the powder room off the family room, are elegantly appointed with Dornbracht fixtures. Laundry and mechanical rooms complete this level.The open concept second level features an expansive living room with a linear fireplace, dining room, and the chef's Poliform kitchen with top-of-the-line Sub-Zero, Gaganeau, and Miele appliances. A 50' retractable wall of glass opens to an opulent 1,000 SF+/- terrace optimally positioned to enjoy waterfront sunsets over Mecox Bay. Features such as a clear glass railing, separate sound system, recessed heaters, a Danver Marine Grade stainless steel built in BBQ area, and an 85" outdoor television enhance the indoor/outdoor experience. This level is complete with a convenient powder room to accommodate guests.A world all your own, the expansive rooftop terrace indulges one and all with panoramic bay and ocean views. Complete with a heated pool and spa, a Danver outdoor kitchen, firepit, 85" outdoor TV, powder room and enormous entertaining space. The contemporary design is accented by 42" clear glass railing that wraps the entire rooftop deck.This contemporary estate truly represents a one-of-a-kind opportunity to experience the apex of indoor/outdoor living in one of the most exclusive water/oceanfront locations in the Hamptons. 

#2 5031 Deloache Avenue, Dallas, Texas 75229 with 5 bedrooms, 11 baths, and 15,404 sq.ft. is listed for sale at $14,995,000

Prestigious Preston Hollow-area estate perched on nearly 2 acres of gated, lush land. The interiors are cohesive and charming with exposed beams and sophisticated stonework. Outside features include an elegant pool with waterfall, sport court, and putting greens. An enchanting wine basement is a feature you truly have to see to appreciate. Don't miss this priceless property boasting an impressive central location.


#3 532 Spoleto Drive, Pacific Palisades, CA 90272 with 6 bedrooms, 8 baths, and 10568 sq.ft. is listed for sale at 14,485,000,

Sophisticated and traditional 6 bedroom, 7.5 bathroom home on the very private and exclusive Spoleto Drive in the Palisades Riviera! Over 10,500 sqft on three, well-planned, levels. This home is of the highest quality including a new kitchen and bathrooms. The main level features a home theater, guest mini-master suite and large office. Large white marble chef's kitchen with the Miele suite of appliances and a breakfast room. The great room opens to a huge, stunning backyard. Supremely private grassy backyard complete with pool and spa, raised garden boxes, farmhouse dining patio and an outdoor entertaining patio with fireplace and BBQ kitchen. Upstairs features 4 en-suite bedrooms, each with balcony and lovely treetop views. The master suite has vaulted ceilings and fireplace, a gorgeous white marble bathroom and walk-in closets. The lower level has it all- large wine tasting room, climate-controlled wine cellar, gym with sauna, craft room, en-suite bedroom and billiards room.

100 Top Luxury Real Estate Markets Medium Values 12 months 2017compared to 2018 YTD

Zip Code     Location                           2017/2018 Medium Sale Price

Mortgage News Daily: Today's Mortgage Rates

52 Week
30 Yr FRM4.86%4.84%+0.023.96%5.05%
15 Yr FRM4.37%4.35%+0.023.30%4.53%
FHA 30 Year Fixed4.37%4.37%--3.55%4.62%
Jumbo 30 Year Fixed4.54%4.52%+0.024.12%4.81%
5/1 Yr ARM4.75%4.75%--3.19%4.75%

November Was a Great Month For Mortgage Rates 

Nov 30 2018, 3:02PM

Mortgage rates may have ebbed slightly higher today, but that only erased a fraction of the improvement seen over the past 2 days.  Combined with the even stronger showing 2 weeks ago, this makes November the best month of 2018 in terms of mortgage rate improvement. 

All of the good times come with a price, however, as the first few days of the month saw rates move to their highest levels in more than 7 years.  Nonetheless, anyone in the market to buy or refi has seen a meaningful improvement over the past 3 weeks. 

How meaningful is meaningful?  Assuming a loan amount of $300,000, the average mortgage payment (30yr fixed, conventional) would be $45/mo lower this week vs last week, and $90/mo lower vs the beginning of the month.  In terms of upfront costs (i.e. if you were paying points to keep your rate low), you'd be saving $1500 cash today compared to last week, and $3000 compared to the beginning of the month.  Not bad!

If December is able to keep these good times rolling, it will depend on the economic data set to release next week--especially the important jobs report on Friday.