The ULTIMATE ADDRESS
Maxim US|November - December 2023
Breaking down ultra-luxury real estate trends and the world's most compelling new listings
SI SI PENALOZA
The ULTIMATE ADDRESS

Beyoncé and Jay-Z’s Tadao Ando–designed mansion is about to get smoked. On setting records that is. Casa Encantada, a 40,000-sq.-ft. Los Angeles estate, has twice become the most expensive home sold in the US; first in 1980, and here we are again. With a $250 million asking price, it would surpass the state record set by the Carters’crib—which claimed the distinction for most expensive home in California history just this past spring—as well as the national record, currently held by hedge fund kingpin Ken Griffin. Built in the 1930s on 8.5 prime Bel-Air acres, Casa Encantada rises like a reverie right out of Brad Pitt’s fever dream in Babylon. How fitting Peter Marino, the “leather daddy of luxury”, was tasked with elevating the interiors. Indeed, this is as old money as it gets on the left coast—a portrait of George Washington in the home’s study was originally commissioned by Benjamin Franklin himself.

As we close out 2023, increasing mortgage rates have triggered a dip in house prices, and UHNW (Ultra-High-Net-Worth) enclaves were not immune. According to Robb Report, in 2022, the priciest property in the world was a $532 million villa in Rome; this year, it’s a $250 million triplex penthouse atop the luxury skyscraper Central Park Tower on Billionaires’ Row. The price drops stateside are modest—the wealthy are still driven to acquire or expand sprawling legacy estates in the aftermath of the pandemic. This savvy and shrewd cohort has long played real estate as the best-hedged bet against rising inflation. With the global surge of wealth creation in recent years, the 1% is doubling down on real estate assets. As many luxury purchases are made in cash, the high-end sector remains somewhat insulated from interest-rate fluctuations.

Bu hikaye Maxim US dergisinin November - December 2023 sayısından alınmıştır.

Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.

Bu hikaye Maxim US dergisinin November - December 2023 sayısından alınmıştır.

Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.

MAXIM US DERGISINDEN DAHA FAZLA HIKAYETümünü görüntüle
150 YEARS of SUPERYACHTS STYLE
Maxim US

150 YEARS of SUPERYACHTS STYLE

Here's why Benetti's expensive-but-worth-it vessels have been favored by the beautiful people, from James Bond to Donald Trump, David Bowie and Jay-Z

time-read
5 dak  |
May - June 2024
KING of the PRANCING HORSES
Maxim US

KING of the PRANCING HORSES

The extremely sought-after Ferrari 250 series-including the sales record-setting 250 GTO-are the most valuable cars that money can buy

time-read
5 dak  |
May - June 2024
LUST for LIFE
Maxim US

LUST for LIFE

French photographer Philippe Shangti's world of lush, sometimes lurid seenes isn't always what it seems

time-read
3 dak  |
May - June 2024
A CENTURY of MOROCCAN STYLE
Maxim US

A CENTURY of MOROCCAN STYLE

The legendary La Mamounia in Marrakech unveils a multimillion-dollar renovation on the occasion of its 100th anniversary

time-read
5 dak  |
May - June 2024
SPRITZ & SPREZZATURA
Maxim US

SPRITZ & SPREZZATURA

Everything you need to know about the evolution of the spritz, which has gone beyond bitter into vibrant, refreshing and eclectic

time-read
4 dak  |
May - June 2024
APEX PREDATOR
Maxim US

APEX PREDATOR

Driving the new GT 63 supercar across the hills of Spain reveals Mercedes-AMG only made a great supercar better

time-read
4 dak  |
May - June 2024
HAPPIEST ANNIVERSARIES
Maxim US

HAPPIEST ANNIVERSARIES

When it comes to fine smokes, \"anniversario\" blends just keep getting better with time

time-read
4 dak  |
May - June 2024
THE RAZOR'S EDGE
Maxim US

THE RAZOR'S EDGE

Collectors are taking note of William Henry's nextlevel pocket knives, the ultimate in luxury cutting tools

time-read
3 dak  |
May - June 2024
LIGHTS, CAMERA ,ACTION!
Maxim US

LIGHTS, CAMERA ,ACTION!

A conversation with Emmy-winning cinematographer and director Keyan Safyari

time-read
2 dak  |
May - June 2024
ROLLIN' THUNDER
Maxim US

ROLLIN' THUNDER

Malaysia's Rollin Machine crafts a world-class tribute to the Royal Enfield Interceptor

time-read
4 dak  |
May - June 2024