Listing the highlights of this extraordinary property in Serra Retreat might take a while, but we’re going to do it anyway. Placed on a lot of about 4.75 acres, this stunning estate is a clear embodiment of luxury, sophistication and fine taste that is definitely worthy of its $14,9 million price tag. The exterior highlights of this massive property include a series of fabulous fountains dating back to the 18th and 19th centuries as well as several lounging areas, benches, fireplaces and a large swimming pool.
On the inside, we find 6,645 square feet of living space, all lavishly decorated and carefully designed with utmost attention to detail. The kitchen, for example, was sketched out by Wolfgang Puck himself, while the home theater was designed by experts from Crestron. Accommodations include 7 bathrooms and 7 bedrooms, all lavishly appointed and outfitted with high-end conveniences that are meant to improve the quality of life of the owner and his or her guests.
The property also comes with a separate guesthouse, which features its own kitchen, bedrooms, a garage for 5 cars, a few bedrooms and a private patio.
$14.9 million for 6,645 square feet? That’s roughly $2,200 per square foot. Where is the comparable data for Serra Retreat? Vintage fountains are aesthetic, not structural value. Show me the appraisal, not just the design credits.
Great question. Serra Retreat comps are tricky due to limited recent sales, but similar high-end properties in the area often command comparable per-square-footage premiums. The fountains add significant aesthetic appeal and lifestyle value, which does influence appraisal. I’ll keep an eye out for more specific comparable sales data to share soon!