Janet McAfee: The Top 5 Luxury Real Estate Sales of 2019

by Chuck Roper 26. November 2019 10:40

As 2020 rapidly approaches, we took a look back at the top luxury real estate sales at Janet McAfee over the last year. With so many immaculate options, we narrowed it down to the top five listed below — totaling over $17 million in combined sales. 

The Top 5 Luxury Real Estate Sales of 2019

1. 9847 Litzsinger Road, Ladue

Listed By: Wayne Norwood and Ben Patton


Sale Price: $5,150,000

Square Footage: 11,208 

Acres: 3.4

Number of Bedrooms and Bathrooms: 5 beds, 9 baths


This splendorous estate was created to mirror the alluring 18th-century castles of France’s Loire Valley. Selected by KDSK TV-5 for its exceptional design, the tree-lined property offers extreme privacy at 3.4 acres of land. Just a few of its affluent selling features include a vented cigar lounge, gaming room, wine cellar, gym and a soundproof main-level theater.

 

 

2. 564 Barnes Road, Ladue

Listed By: The Kirk Holton Team


Sale Price: $3,700,000

Square Footage:  8,850

Acres: 1.95

Number of Bedrooms and Bathrooms: 7 beds, 9 baths 

 

Decor by Marshall Watson NYC, this charming Georgian Colonial is a two-story masterpiece located in St. Louis Country Club Grounds. Welcomed by a sweeping entry staircase, the home features painted murals, vaulted ceilings, detailed millwork and archways, a custom bar and more. Not to mention the resplendent outdoor patio and a pool perfect for those Missouri summer nights. It’s the definition of true elegance! 

3. 7 Carters Grove Court, Ladue

Listed By: Julie Lane


Sale Price: $2,900,000

Square Footage:  9,378

Acres: 3

Number of Bedrooms and Bathrooms: 7 beds, 9 baths

 

The previous owners of this opulent two-story home invested over $2.5 million in renovations, leaving no detail behind. It has an updated pool, pool house, outdoor patio with a fireplace and fire features, new luxury baths and more. The seamless layout makes it perfect for both family time and entertaining — and with three acres of luscious land, it provides ultimate privacy. 

 

4. 5 Rutherford Lane, Town & Country

Listed By: Wayne Norwood and Ben Patton


Sale Price: $2,790,000

Square Footage:  6,900

Acres: 1.02

Number of Bedrooms and Bathrooms: 5 beds, 8 baths 


Selected by Architectural Digest as one of Saint Louis' most distinctive properties, this 1.5 story custom English Country Manor was designed by the nationally acclaimed McAlpine architects. The bedrooms are en-suite, with heated, wide plank ash floors and walk-in closets. Not to mention a chef’s kitchen with two walk-in pantries for food prep, a full gym and office, and a Baker free form pool with natural-looking waterfalls. It truly is a world-class home!  


5. 9450 Ladue Road, Ladue

Listed by: May Reay, Katherine D Driscoll


Sale Price: $2,463,590

Square footage: 7,895

Acres: 2.77

Number of Bedrooms and Bathrooms: 4 beds, 7 baths 

 

After an extensive remodel, this historic Ladue property was transformed into a spacious and elegant New England-inspired home with modern, energy-efficient features. It also has a geothermal heating and cooling system, an artist's studio with skylights, a library with cherry wood bookcases and paneling, and ample natural light. The lower level features a media room, a dedicated workout room, and a recreation room with a wet bar. Talk about modern style and grace! 

 

 

Each of these homes boast top-notch features and finishes, rich architectural detail and loving new owners. We can’t wait to see what next year’s top sales will be! 

 

Janet McAfee is a recognized luxury real estate leader in the St. Louis area. For more details about careers at our boutique firm or the luxury market, visit our website!

4 Reasons Homes Sell During the Holidays

by Chuck Roper 17. December 2018 04:33

It may surprise you to learn that the holidays are a good time to sell a home.  Holiday buyers are enthusiastic and emotional; they are serious buyers, less distracted by busy work schedules.  We find that buyers are motivated by the prospect of beginning a new year in a new home.  Consider these reasons:

 

#1. Year-end corporate transfers 

Corporate transferees schedule home buying trips over the holidays.  

 

#2   Buyers have time off work  

The reality is that when work commitments slow down around the holidays, buyers look online.  Holiday buyers have a sense of urgency to write an acceptable offer before the end of the year.    

 

#3   Homes look their best 

There is nothing like an abundance of lights, a fire in the hearth, the smell of fresh pine and a festive atmosphere to make a home look its best.  As long as it’s not overdone, holiday décor makes a house warm and inviting, which appeals to buyer emotions.

 

#4   Less Competition

Inventory is lower over the holidays; sellers face less competition; and serious buyers are quicker to make a strong offer.   

2017 St Louis Real Estate Market Update

by Chuck Roper 16. August 2017 08:44

With six months of 2017 residential sales data on the books, we examine pricing and segment trends in our St. Louis Real Estate Midyear Report.

In the first half of the year, residential unit sales have increased 2% and prices are up 4%.   Inventory is still hovering at critically low levels.  The lack of inventory is holding back unit sales in some of our strongest neighborhoods.  Low inventory also leads to a seller’s market with intense competition and multiple offers for well-priced homes, a phenomenon true in the middle and low price ranges.  Conversely, the luxury market (defined as homes over $1 million) has ample inventory.  In fact, we are seeing over 8 months of inventory in million+ dollar homes.  While luxury unit sales are modestly growing, prices for luxury homes are flat and in some cases compressed.  Older homes are especially subject to downward price pressure as luxury buyers demand newer floor plans, mint condition and the latest and greatest amenities. 

Click here to read our 2017 Midyear Market Report.

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General | Real Estate Market

Summer Heat in the Real Estate Market

by Chuck Roper 23. June 2017 06:49

How hot is the real estate market in St. Louis?  By most accounts, residential sales are balmy with no signs of cooling off.  In the three counties comprising most of the St. Louis metro, sales are up 2.6% year to date.  Median prices are up 8%.  Lack of inventory is the metric driving up prices, while at the same time, containing sales to single digit increases.  We are down to 2 months of inventory, an all-time low.  In the lower and mid-price range, this translates to multiple contracts.  We have personally experienced up to 7 competing offers on a single listing.

But, as we all know, real estate is intensely local.  Market dynamics vary by school district, by price range and by type of home.  Buyers are more methodical and have more choices when it comes to luxury homes, which we define as homes over $1 million.  In this segment, inventory is not as tight; sales are up about 9% and prices are up about 6% year to date.  I believe there is opportunity for both buyers and sellers in the higher price ranges.

Janet Horlacher

Principal, Janet McAfee Real Estate

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General | Real Estate Market

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