Highlights from last week’s top real estate news stories, including the one time Los Angeles home of Groucho Marx and a newly constructed home in Southampton. Source: artofliving.sothebyshomes.com

It’s no secret Bay Area home prices are among the highest in the country, but Estately wanted to show how those prices vary depending on which BART or Caltrain stop a home is near. To do this, Estately Real Estate Search analyzed the last six months of home sales for houses, townhouses, and condos that were within a one-mile radius of each BART and Caltrain transit stop. We then broke them down by price per square foot. At an average of $1,630 per square foot, Caltrain’s California Avenue stop in Palo Alto is the Bay Area’s most expensive transit stop to buy a home near. Pittsburg/Bay Point BART stop, the furthest from downtown San Francisco, is the least expensive at $219 per square foot on average. BART Top ten most expensive BART stops Stop name Median sale price Price per square foot Avg commute to city center (min) Homes for sale nearby Embarcadero $1,150,000 $1,191 0 Southeast San Francisco Montgomery St. $1,100,000 $1,149 2 Southeast San Francisco Powell St. $1,008,000 $1,099 4 Southeast San Francisco 24th St. Mission $1,372,500 $1,001 9 94110 16th St. Mission $1,239,500 $998 7 Southeast San Francisco Civic Center $950,000 $994 6 Southeast San Francisco Millbrae $1,323,500 $854 25 Millbrae Glen Park $1,100,000 $817 11 Glen Park San Francisco Int’l Airport $825,000 $735 32 Millbrae Rockridge $1,077,750 $704 20 Rockridge Average commute time (min) to Downtown San Francisco—Embarcadero Station. Top ten least expensive BART stops Stop name Median sale price Price per square foot Avg commute […]

A welcoming interior and breezy outdoor spaces await at an earth-toned Edwardian with an east-west orientation in the Presidio Heights neighborhood of San Francisco. “It’s an open floor plan with tons of natural light,” said Carrie Goodman of Sotheby’s International Realty, who is listing 440 Locust St. for $1.68 million. “Plus, it’s close to dinners at places like Spruce or Garibaldis as well as hiking in the Presidio.” “The great room’s living and dining areas open to a tiled deck pointing toward the morning sun. It’s a condo that lives like a home. There’s no one on either side,” Goodman said. Sited just north of California Street, the condo stands two blocks from the Presidio Heights playground and is a handful of intersections away from UCSF’s Laurel Heights campus. Those in need of truly expansive outdoor spaces can venture north for a few minutes to reach the Presidio’s southeastern edge. Thick moldings wrap around the great room warmed by a gas fireplace and lined with hardwood flooring. Stone counters and stainless steel appliances outfit the horseshoe-shaped kitchen illuminated by a centrally located skylight. Task lights beneath the cupboards illuminate the kitchen’s work space. Both bedrooms open to east-facing outdoor spaces, and the master suite includes a walk-in closet. A powder room accompanies another full bathroom shared by the guest quarters and public area. Boutiques, restaurants and city life are immediately available at Laurel Village and on Sacramento Street. Visit www.440locuststreet.com for full details. Listing agent: Carrie Goodman, Sotheby’s International Realty, […]

The Wall Street Journal Greenwich Estate Once Owned by Leona Helmsley Seeks $49.895 Million The Financial Times Why the Monterey Peninsula in California is on course for growth. The Wall Street Journal Sunset Boulevard: From Louche to Luxury The San Francisco Chronicle Cole Valley home once called ‘The House of Tomorrow The Cape Cod Times Cape Property Market Surges Curbed New York Minimalist $4M LES Loft Has a Clawfoot Tub In the Bedroom The New York Post Ashley Olsen spotted house-hunting in the Hamptons The Los Angeles Times Marlon Wayans cuts ties with his longtime home in Sherman Oaks The Los Angeles Times Actress Nicollette Sheridan cleans up in sale of Bel-Air income property Source: artofliving.sothebyshomes.com

Colonial-style homes hold a special place in our country’s heart. Defined by symmetrical designs, steep roofs and central chimneys, Colonial-style homes are an American icon. Explore six charming colonial-style properties, from an exquisite Hamptons waterfront state to the historic 1780 William Marston House in Cape Cod, that showcase the beauty of this architectural style. Source: artofliving.sothebyshomes.com

For many who come to Santa Fe from parts elsewhere, the town’s architecture and enchanting natural environs have an energizing magic that leads them to see life from a fresh perspective. The elegant and sophisticated Hacienda Bella Vista is a fitting fixture for such an outlook-altering landscape, blending as it does Southwestern architecture and European inspiration—the stalwart ruggedness of the American West with the classical refinement of the Old World. A European influence is evident from a distance, the home’s barrel-tile roofline creating an unmistakable silhouette and its cobblestone drive offering an appropriately regal introduction. The hacienda has been carefully sited for appreciation of some of the most breathtaking vistas in the region, from robust badlands to the majestic Sangre de Cristo Mountains, which rise and stretch north to Colorado. The estate, spanning some 50 acres, is a portion of a homestead that for many years was owned and stewarded by Adelina “Nina” Otero Warren—renowned suffragist, educator, politician, entrepreneur, and writer—and her friend Mamie Meadors. Every element within has been carefully selected and crafted, from travertine tile and antique French hardwood flooring to impeccably Soffit-lighted hallway library shelves and tilt-and-turn Albertini windows and doors. While the home’s style is timeless, every space has been designed to ensure the utmost in modern luxury and comfort. The generous granite-clad chef’s kitchen includes a Wolf range, discreet freezer drawers, and a superior built-in espresso machine. The kitchen is attended by amenities invaluable to the entertainer—an extensive butler’s pantry and a 350-bottle temperature-controlled wine […]

Summertime means travel, and for many of us, art-related destinations set the itinerary. In cities around the world, museums await; the coolness of their galleries offer a retreat  for the senses and a bounty of art to behold. This year, three institutions top our must-see list: The Met Breuer in New York, Tate Britain in London and the Yuz Museum in Shanghai. Taking place there are delightful encounters between past and present, art and architecture, viewer and maker. Those juxtapositions bring art to life in vital and meaningful ways – which is why Sotheby’s proudly supports these museums and their programming. BROTHERTONLOCK © PABLO BRONSTEIN  Tate Britain, London In the 300-foot Duveen galleries at the heart of the nation’s collection of British art, three classically trained dancers are walking a circuit of white lines applied to majestic stone floors.  In tight black leggings and loose red tops, adorned with strands of oversized faux white pearls, they twirl their wrists, flutter their hands, thrust their hips – and then pose. Their movements channel the 17th-century Italian courtly art ofsprezzatura, or studied carelessness, as much as the highly stylised late 20th-century voguing of New York City’s gay ballrooms. Their stillness acts as a reminder that upon opening in 1937, this massive barrel-vaulted neoclassical space was dedicated to exhibiting sculpture. Bracketed by giant trompe l’œil friezes representing parts of the building that houses it, Argentine artist Pablo Bronstein’s Historical Dances in an Antique Setting, a performance created for this year’s Tate Commission (through […]