The 25 Most Expensive Homes In The World For Sale

From Hong Kong to the Hamptons, here are the priciest listings on the planet.

By Rachel Cormack, Helena Madden 05/01/2022

Last year wasn’t exactly the best on record for the prime real estate marketplace, but even as a certain global pandemic extends further into its second year, things seem to be slowly bouncing back. Manhattan and other big cities made a rebound in 2021 as people slowly returned to in-office work, resulting in one of the Big Apple’s best years in terms of luxury sales in well over a decade. Some pandemic trends still persisted, though, like the slew of private islands that returned to market, aiming to capitalize on buyers’ desire to have a paradisal escape in their back pocket in case of future global crises.

One of the biggest changes to look out for next year is the return of buying internationally. As travel becomes more and more commonplace, you can expect to sales of more multi-million-dollar listings in major metropolises. As for 2021, there’s still plenty of incredible homes to choose from. Below, our list of the 25 most expensive homes currently on the market around the world.

25. Pumpkin Key, Florida Keys, Florida — $131 Million

pumpkin key

Courtesy of Sotheby’s International

Pumpkin Key has been a regular on this list as it’s been taken on and off the market over the years. That being said, there’s no better time to buy a private island than now, when we all wish that we’d had one last year. Located in the Florida Keys, this particular isle isn’t too far from Miami (it’s about 10 minutes by helicopter) and already has a three-bedroom main home built on it. Also included are tennis courts, two caretaker’s cottages and a series of golf cart paths. For those who’d like to explore the surrounding waters, the on-site marina is large enough to accommodate a megayacht. You’ll likely want to add a few more structures to the 26-acre parcel though, so best start planning now if you’re interested.

24. Willow Creek Estancia, San Diego, California — $135 Million

Willow Creek Estancia

Brent Haywood Photography

Willow Creek Estancia will appeal to many different lifestyles, but it has the most perks for equestrians, who will be drawn to its 27-stall main barn, additional eight-stall barn and sand arenas. Altogether it’s a 77-acre parcel and includes a 15-acre lake filled with bass. Also included with purchase is a bevy of sportier amenities such as a tennis court, a lap pool and a two-lane bowling alley. The main home is 1393sqm and comes with six bedrooms and seven bathrooms, if you’d rather just kick back and relax inside.

23. Stonewall Farm, Westchester County, New York — $138 Million

Calvin Klein co-founder’s $100m equestrian estate.

Christie’s International Real Estate

Stonewall Farm, which was featured on our list last year, still hasn’t found a buyer willing to shell out $138 million. The epic, 740-acre equestrian estate is Westchester County’s largest, and has produced the winning horses of 40 stakes races. The owner, Calvin Klein cofounder Barry Schwartz, developed the property for about 40 years to create room for 88 steeds. Just an hour from Belmont Park, the grounds also sport a turf race track, round pens and fenced paddocks. Not to be outdone, the 2230sqm Colonial manor house, which was designed by New York-based architect Rebecca Rasmussen, offers eight bedrooms, eight bathrooms and one of the most impressive libraries we’ve seen. There’s also a 18-metre, gardens and a butterfly house in case you get sick of the horses.

22. Padaro Lane, Santa Barbara, California — $138 Million

2937 Padaro Lane

Blake Bronstad Photography//Douglas Elliman

Padaro Lane’s biggest perk is its private beach. Situated in the oceanside town of Carpinteria, which is part of Santa Barbara County, it’s a location that already feels relatively quiet and secluded. The existing 232sqm  home here isn’t the grandest ever, so it’s really the land and location that you’re paying for. The residence sits on 4.2 acres, and the property is zoned to stable up to nine horses, which is great for the equestrian who wants to start building stables right away. Of course, you can just lounge by your own personal beach instead—that’s the more relaxing option anyway.

21. Little Pipe Cay, Exumas, Bahamas — $138 Million

Bahamas Island Exuma

Photo: Lifestyle Production Group

The Covid-19 pandemic has generated significant interest in private islands as of late. That momentum sparked Little Pipe Cay to relist, this time for $20 million more than it originally asked in 2018. The big draw here is that, unlike many other isles on the market, this one already has all of the necessary infrastructure in place, so you can move in right away. It’s a 40-acre piece of land altogether, with a 492sqm main residence that comes fully furnished. Since it’s situated in the Exumas archipelago it’s not too far off from Miami either, should you want to return to the city for a spell. However, like any private island, operational costs are a factor here—you’ll have to cough up about $2 million per year to keep it up and running. Build it out into a resort, though, and the place may just pay for itself.

20. The Atherton Estate, Atherton, California — $138 Million

170 Atherton Ave

Photo: Bernard Andre

Atherton, California, consistently ranks No. 1 on Property Shark’s annual Most Expensive US Zip Codes list, so it makes sense that it appears on our tally of the world’s priciest homes. The $138 million listing was for many years the summer home of Doris and Donald Fisher, the founders of clothing retailer the Gap, Inc. Over the years additional parcels have been added to the main property, so it’s eight acres of land altogether—a rarity for the area. There are two homes on the property, plus a pool, pool house and tennis court, but the beauty of having this much space is that you can develop it into whatever you want. Add an oversized garage if you’re a car collector or build another guest house for visitors. Your call.

19. Villa Theoule Sur Mer, Cannes, France — $140 Million

Most Expensive Homes

Côte d’Azur Sotheby’s International Realty

Another year and Villa Theoule Sur Mer still hasn’t found a buyer willing to dive in. The Cannes estate, which is characterised by a jaw-dropping 50-metre infinity pool, now wears a price tag of about $140 million. Instead of a single sprawling mansion, there are four houses at about 278sqm surrounding the pool, along with two 74sqm apartments. Each abode carries its own theme—water and light, for example—which is reflected in the design and furnishings. On top of that, the lush grounds offer 240-degree views of the coast, as well as a separate spa area and pool house. Let’s be honest, though, it’s really all about that pool.

18. El Rancho Tajiguas, Santa Barbara, California — $152 Million

Real Estate Santa Barbara California

Courtesy Matthew Momberger

There’s nothing better than a twofer, especially in the world of luxury real estate. Enter El Rancho Tajiguas. The $152 million ranch, which comprises 3,500 acres on Santa Barbara’s Gaviota Coast, comes with not one but two homes. Villa Della Costa and Villa Del Mare both span more than 10,000 square feet and collectively offer 10 beds, 22 baths, two pools, wine cellars, bars and theatres. The real draw is the acreage, though, which features avocado groves, persimmon orchards and plenty of cattle ranges. With barns, crop storage areas and water storage reservoirs, you’ll have all you need to support about 200 animals, plus a visitor or two.

17. Steve Wynn Mansion, Los Angeles, California — $158 Million

Steve Wynn mansion

Courtesy of Hilton & Hyland

Casino mogul Steve Wynn relisted his Beverly Hills digs this year at a price cut—it was originally put on the market for $186 million in 2020. Nevertheless, the property is a significant piece of real estate, with a 2500sqm home and 2.7 acres of land. Wynn’s shopping it for significantly more than he originally paid: a mere $65 million in 2015. Like the former executive’s glitzy Las Vegas properties, the residence feels a bit like a resort, complete with a tennis court, swimming pool and pool house. It’s not the only home that he’s shopping at the moment either: Wynn also relisted his Vegas pad this year for $33.8 million. Care to roll the dice and make him an offer?

16. Green Gables, Woodside, California — $186 Million

Green Gables - The Estate

Photo: Courtesy of Christie’s International Real Estate.

Sometimes it pays to keep it in the family. Take Green Gables, for instance. The storied home, which was originally built by banker Mortimer Fleishhacker back in 1911, has been passed down in the family for generations, and is now priced at a hefty $186 million. Located on 74 acres of land in Woodside, the estate comprises a main home designed by architects Charles Sumner Greene and Henry Mather Greene, along with six other dwellings. Altogether the place has 32 bedrooms, plenty of spots for entertaining and even a Michelin-star pub. The grounds are the real star here, though. The acreage includes several bike and hiking trails, along with picturesque lakes and gardens, plus a tennis court and an outdoor pool.

15. The 79th Floor at 432 Park Ave, Manhattan, New York — $186 Million

432 Park Ave

Photo: Devon Banks

It’s been an eventful year for 432 Park Ave. The supertall has always garnered criticism for its design—architect Rafael Viñoly was inspired by a metal garbage can, after all—but this time, the ire came from within the building itself. In a February New York Times report, residents spoke out about structural issues that made the 425-metre tower feel less-than-luxurious; complaints included flooding, stuck elevators and noise. In September, the condo board sued the developers over these problems.

It should come as no surprise, then, that some owners are calling it quits. One example is on the 79th floor, where a unit listed this year for a whopping $186 million. Unlike other overpriced apartments in this building (see No. 11 on this list), there’s some case to be made for the asking of this full-floor offering. It’s designed by Japanese artist Hiroshi Sugimoto, and represents his first interiors project in New York City. The photographer sourced many of the materials used for the wabi-sabi style home from Japan, such as ancient cedar planks from Yakushima Island and stone tiles from Kyoto tram stations. What’s most notable is the permanent art installation that comes with the 748sqm residence. Dubbed Ukitsobo, or Floating Inner Garden, it’s comprised of two bonsai trees standing opposite one another.

14. Le Palais Venitien, Cannes, France — $186 Million

Cannes, Provence-Alpes-Cote D'Azur, 06400 France

Côte d’Azur Sotheby’s International Realty

When a property is called “the Palace,” you know it’s going to be royally good. That’s certainly the case with Le Palais in Cannes. Located on nearly six acres that overlook the Mediterranean, the palatial, 2972sqm mansion was inspired by the city of Venice and its historic architecture; think monumental columns, stately arches and fountains aplenty. Inside, the manse offers nine suites, 12 bathrooms, numerous reception rooms and an impressive wine cellar. You can also expect lavish furnishings characteristic of Venetian design. Outside, meanwhile, there’s an expansive pool, tennis court and a secluded woodland with its own lake. Who needs the Grand Canal?

13. Vatuvara Private Islands, Fiji — $214 Million

Vatuvara Private Islands

Vatuvara Private Islands

A mansion is great, but your own resort is better. Priced at $214 million, the Vatuvara Isles comes with a set of luxury hotel villas, along with a private Twin Otter aircraft to get you to and from the far-flung Fijian island. You can choose to continue running the three villas as is, or relinquish managerial duties and turn them into an exclusive oasis for yourself. In addition to this main island, the purchase also includes three other isles that are much less developed. That means there is scope to create more seaside escapes for you and your crew. It’s social distancing at its finest.

12. The Sanctuary, Santa Barbara, California — $221 Million

The Sanctuary, California's Most Expensive Home

Jim Bartsch

The Sanctuary at Loon Point certainly lives up to its moniker. Priced at $221 million, the crown jewel of the West Coast combines the natural beauty of California with exclusive luxury living. Roughly seven miles south of Santa Barbara, the 22-acre oceanfront estate includes five individual land parcels that are connected by a private, gated road. The brainchild of hedge funder and philanthropist Bruce Kovner, the Sanctuary currently offers two mansions that span 743sqm each, but the future owner can also opt to build additional homes. Not that you will need to, of course—right now there’s a total of 10 bedrooms and 21 bathrooms on the property, along with a spa, pool and adjoining cabana. You even have your very own citrus grove.

11. The Penthouse at 432 Park Ave, Manhattan, New York — $233 Million

432 Park

Photo: Donna Dotan

Sure, living on the uppermost floor of a nearly 425-metre tower is great, but $169 million is asking a lot. The price is almost double what the owner, real-estate developer Fawaz Alhokair, paid for it in 2016. On top of that, 432 Park Ave has had plenty of negative buzz this year (for more on that, see No. 15 on this list). Still, it’s not without its perks: The penthouse is a full-floor unit with 24 windows, so the home certainly takes advantage of its lofty location. All of the furniture is part of the deal, too, including pieces from Hermès, Fendi and Bentley, plus a custom piano that has a brass plate printed with “Penthouse 96” on the side. What’s it like to live here? Alhokair wouldn’t know, as he never actually moved in. You’ll have to see for yourself.

10. Mylestone at Meadow Lane, Southampton, New York — $241 Million 

Southampton Hamptons Home

Photo: Courtesy of Bespoke Luxury Marketing

It’s hard to pick a highlight of the Hamptons, but this waterfront estate could be it. Priced at $241 million, Mylestone at Meadow Lane offers more than 152-metres of ocean frontage, between the Atlantic Ocean and Shinnecock Bay, along with eight lush acres. The modern Tudor-style mansion, which spans a little over 1393sqm, comprises 11 bedrooms, 12 full baths and four half baths, as well as a separate caretaker’s cottage. You can expect custom millwork and water views throughout, along with all the modern amenities. Outside, there’s ample room for entertaining, plus a pool, hot tub, five-car garage and a deepwater bayside dock for boating.

9. Mesa Vista Ranch, Pampa, Texas — $276 Million

Mesa Vista

Courtesy of Hall and Hall

Mesa Vista Ranch has been on the market since 2017, but it hasn’t managed to attract one lone ranger, even with a few price cuts. That’s not to say it’s by any means unappealing. Now asking $276 million, the sprawling estate consists of a whopping 65,000 acres in the Eastern Texas Panhandle. The handiwork of the late financier T. Boone Pickens, who spent about half a century developing the property, the ranch comes complete with a giant 3065sqm main residence and its very own two-story pub. Fit for nature lovers, the acreage has been equipped with manmade streams and a set of new conservation practices to preserve the wildlife. There’s plenty of room for four-wheeling, trail riding and the like—if you can tear yourself away from the pub, that is.

8. Sloane House, London, England — $276 Million

Ecclestone

Photo: Courtesy of Society Group

It’s no easy feat to turn a historic 18th-century Georgian estate into a luxurious modern abode, but Formula One heiress Petra Ecclestone has managed to do exactly that with Sloane House. The British billionaire decided to keep the shell of the property, which is located in the tony neighbourhood of Chelsea, but rebuilt pretty much everything else in just shy of five years. One highlight is the new basement, which includes a pool, gym, spa, hammam and squash courts, along with a salon, a kid’s playhouse and a screening room. Valued in excess of $276 million, the revamped property is now one of London’s hottest off-market offerings.

7. Tarpon Island, Palm Beach, Florida — $290 Million

Tarpon Isle Palm Beach

Photo: Todd Michael Glaser

Yes, it’s an island, but don’t expect some far-flung hideaway in the Caribbean here. Tarpon Island is situated in the Billionaire’s Row sector of Palm Beach, a stretch of land that’s a veritable who’s who of real estate moguls: Citadel CEO Ken Griffin, who set the record for most expensive home sold in the US when he dropped US$240 million on a New York City penthouse nearly three years back, owns property here. Tarpon may net a similarly sky-high asking—it already traded hands earlier this year, in fact, when developer Todd Michael Glaser snapped it up for $117 million. Glaser is now selling the man-made isle for $290 million with the promise of renovating and expanding the circa-1930s home there for the prospective buyer. If you’d rather have it as is, then he’s willing to part with it for just $172 million. The planned renovation would add 1672sqm of living space, a six-car garage and two pools. Stuck-in-the-past home aside, it’s a 2.2-acre parcel altogether—a sizable piece of land for Palm Beach—with a lighted tennis court. And even though it’s not exactly the most private of islands, it’s only accessible via a small bridge or by boat, so you’ll still feel away from it all.

 

6. Casa Encantada, Los Angeles, California — $310 Million

Casa Encantada in Bel-Air

Simon Berlyn

The real estate world expects big things of Casa Encantada. The last two times the historic Bel Air estate changed hands—in 1979 and 2000, respectively—it set the record for highest residential sale in the nation. The third time hasn’t been the charm, though. The 3716sqm Georgian-style mansion, which was once owned by hotelier Conrad Hilton, has been on the market since October 2019 and still no bites. Originally built in 1937 by architect James Dolena, the sprawling 60-room abode sits on eight acres above the Bel Air Country Club and comes complete with manicured gardens, a tennis court and koi pond. Now owned by financier and philanthropist Gary Winnick, Casa Encantada is patiently waiting to make history again.

5. One Hyde Park Penthouse, London, England — $341 Million

Penthouse, London, Home, Real Estate

C&C

London’s most expensive penthouse brings a whole new meaning to the word “exclusive.” The lavish 1672sqm apartment is being offered for sale as a whisper listing, meaning brokers only share details with prospective buyers. (Luckily, we’re in the know.) On top of that, the two-floor condo is located in the ultra-affluent neighbourhood of Knightsbridge, right by a Rolex boutique and McLaren dealership. The crowning glory of supertall One Hyde Park, Penthouse B is priced at approximately $341 million. Owned by London real estate developer Nick Candy, the fully furnished five-bedder is full to the brim with suitably glitzy features, such as a Swarovski crystal chandelier and a hidden Champagne room. It also sports wraparound terraces that deliver postcard-like views of London’s famous Hyde Park.

4. Royal Style Mansion, Caesarea, Israel — $345 Million

Israel Mansion

Photo: Igal Harari/Israel Sotheby’s International Realty

If you’ve ever visited a royal castle or mansion and subsequently wanted to buy one of your own, well, now’s your chance. This massive, 5864sqm home was inspired by Baroque and Rococo architecture, and it shows. The interiors showcase marble and onyx mosaics and 14-carat gold moldings, and from the moment you walk in you’re greeted by an enormous crystal chandelier, sets of marble columns and a sweeping staircase that leads to the upper levels. And if all of that’s not enough, there are not one but two fountains in the home featuring Roman-style sculptures. Residents have access to a private spa and fitness room, two pools (one indoor and one outdoor) and saunas. It’s located not in Versailles but Caesarea, a town in Israel on the Mediterranean coast. All in all the mansion an architectural look that may not be for everyone, but it’s nothing if not impressive.

3. Cedarbrook Drive, Los Angeles, California — $345 Million

Cedarbrook Drive Los Angeles

Hilton & Hyland

The next entry on our list promises to be the largest property ever permitted in Los Angeles—once it’s complete. It’s still under construction at the moment. When the dust settles the compound will be a whopping 7246sqm, a number rivalled only by Nile Niami’s embattled the One, which went into receivership earlier this year. Cedarbrook Drive will have many of the same over-the-top amenities (though a nightclub isn’t on the list so far), including a bowling lane, gym, cigar lounge, wine cellar and tasting room and a 36-person movie theatre. For car collectors, there will be a five-car garage with two turntables for displaying prized marques. Since it’s mapped out as a compound, there will be a separate guest house for visiting friends and family. Obviously, this is California, so an outdoor pool with a lounge area is also included in the renderings. Those who want to buy early can get a deal on the place, as it’s only $127 million to snap up once the foundation is complete. If you’d rather wait until everything is finished, well, that’ll be $345 million, please.

2. 24 Middle Gap Road, Hong Kong, China — $672 Million

24 Middle Gap hong kong

Photo: Courtesy of Executive Homes HK

This particular Hong Kong property is a regular on our Most Expensive Homes for Sale list. Built in the early ‘90s, the two-story home at 24 Middle Gap Road spans a relatively modest 576sqm. It offers four bedrooms, four full baths, one half bath and a circular swimming pool in the back. At first blush, it doesn’t seem worth the exorbitant price tag, but what you’re really buying into is location. This third of an acre is located in Hong Kong’s ritzy Peak neighbourhood. It’s one of the city’s most sought-after enclaves, with one home even hitting the $907 million mark back in 2015. Maybe location really is everything.

1. Villa Aurora, Rome, Italy — $735 Million 

Villa Aurora Rome

Associated Press

The most expensive home in the world is a real buy one get one: Snag a priceless painting, receive a fixer-upper free. That’s the story with Villa Aurora anyway, which is priced at an eye-popping $735 million not for its plethora of amenities or top-of-the-line appliances, but for its artworks. The approximately 2787sqm mansion is the site of the only Caravaggio ceiling fresco in existence—that alone is worth an estimated $480 million. The six-floor home contains numerous other valuable works, including rooms with frescoes by Guercino and a statue in the driveway that’s attributed to Michelangelo. The catch, of course, is that the 500-year-old villa is showing its age. The current owner, Princess Rita Boncompagni Ludovisi, spent years restoring the place, but millions still need to be spent on renovating the old home. Who knows, while you’re at it you may even discover another priceless painting hidden somewhere in the walls.

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8 Trés Chic French Watches Perfect for Commemorating the Olympics, from Breguet to Cartier

Chanel, Cartier, Louis Vuitton, Breguet, and more make up quite a stellar list of French watches perfect for remembering the Paris Olympics for decades to come.

By Victoria Gomelsky 27/07/2024

The opening ceremony for the 2024 Olympic Games takes place in Paris on July 26th. Whether or not you’re attending the games, one way to celebrate the start of the world’s biggest sporting event, and to show some espirit de corps with your fellow Francophiles, is by treating yourself to a French watch. Of course, you could go for the very Swiss Omega Speedmasters that came out to commemorate the Paris Olympics earlier this year, and that would be a tasty choice, but perhaps something more French is in order.

Also, if you’re going to be in Paris for the games (or anytime really) we have an excellent guide to the best watch boutiques in Paris for you, as well.

While not all of the timepieces highlighted below were made in France (so few watches are anymore), they each have deep connections to Paris, French watchmaking and/or Gallic style. And, as we’ve written elsewhere, French watchmaking has a long-standing and powerful influence on Swiss watchmaking. In fact, it was in Paris the Louis Cartier perfected the Tank that would go on to make wearing a watch on the wrist popular in the first place, this during the 1920s and 30s. And, of course, Cartier watches are all the rage these days, including the rather tiny Tank Mini, which made big waves at Watches and Wonders this year, as well as the Tortue, which made our best-of list this year.

Indeed, the Parisian horological roots run deep, but it’s not all Cartier. From Louis Erard’s whimsical collaboration with French interior-designer-turned-watchmaker Alain Silberstein to the dreamy, avant-garde designs of Paris-based Trilobe, there’s something for everyone in this mix.

Of all the watches Cartier introduced at Watches and Wonders Geneva this year, the Tortue re-edition was the most talked-about. Even older than the Tank, the tortoise-shaped model (born in 1912) is now available in a monopusher chronograph as well as the simpler “hours and minutes” platinum version shown here. Limited to 200 pieces, the stylish and shapely Tortue, which comes out in September, makes clear that even though Cartier manufactures all of its watches in Switzerland, the Paris-based brand is French to its core. $54,770.

Although Breguet is now based in Switzerland, its namesake, Abraham-Louis Breguet, inventor of the tourbillon as well as the now-ubiquituous Breguet hands and numerals, made his mark on horology in Paris, where he maintained a workshop at 39 Quai de l’Horloge. The brand pays tribute to that history with its latest tourbillon, a 46 mm rose gold wristwatch equipped with not one, but two of the whirling mechanisms. Be sure to admire the engraving on the back of the movement, which depicts an aerial view of the workshop. C’est magnifique! Price on request.

In 2018, Paris-based Trilobe introduced its Les Matinaux (“The Morning”) collection, and with it, a new way of telling the time. Employing a wandering display, the watch used three discs that rotated counterclockwise and three fixed pointers to indicate the hours, minutes and seconds. Named after a collection by the midcentury French poet René Char, the series recently spawned a new sand-colored Dune edition that marks the brand’s entrée into the world of complications. Limited to 100 pieces, the model, dubbed L’Heure Exquise (“The Exquisite Hour”), features a moonphase complication that evokes the orbit of the Moon around the Earth against the backdrop of a starry night sky. $21,995

Arguably the Frenchiest brand on our list, Chanel made a name for itself as a high-end (as opposed to fashion) watchmaker in 1999, when it introduced its signature timepiece, the J12 (in unusual-for-the-time ceramic, no less). At Watches and Wonders Geneva in April, the brand upped the ante with its latest Monsieur timepiece, the Superleggera Intense Black, a limited edition of 100 pieces inspired by car racing. Housed in a matte black ceramic and steel case, the watch features a matte black guilloché dial and comes on a black nylon strap with black calfskin leather trim and lining. $69,651

Like so many of Hermès’s most sought-after watches, the new 34 mm Arceau Grand Tralala Brides et Mors traces its design to another Hermès product, in this case the Grand Tralala silk scarf created by French artist Virginie Jamin. Patterned after the prestigious harnesses worn by the Royal Hungarian Bodyguard in the 19th century, the graphic design evokes the look of intertwined bridles and bits within a rose gold frame. Note the bit-shaped seconds hand! $72,172

Imagine if Rolex’s much-talked-about emoji watch of 2023 had a child with the Memphis Group, a collective of Milan-based architects and designers who became known in the 1980s for their use of bright primary colors and bold patterns. That’s a quick way to describe the new 40 mm Smile-Day limited edition in titanium from Swiss watchmaker Louis Erard, whose latest collaboration with the iconoclastic French watchmaker Alain Silberstein reflects his signature whimsy. Silberstein was trained in graphic design and architecture in Paris by former members of Germany’s Bauhaus faculty, and he takes his whimsy very seriously. Between the aperture at six o’clock featuring a sliding carousel of seven emojis, the yellow squiggly seconds hand and the nostalgic color scheme, the piece is an instant classic. $8,019

 

The dress watch revival continues with the new Escale by Louis Vuitton, an elegant timepiece honoring the 10th anniversary of the Escale collection (its first time-only, three-hand watch). Of the four new models in the line, two come in rose gold (like the 39 mm automatic model shown here), while the other two come in platinum. The former feature textured dials designed to evoke the suppleness and tactility of the Louis Vuitton Monogram canvas on metal. Equipped with a chronometer-certified movement with 50 hours of power reserve, the rose-gold Escale comes on a calf-leather strap. In a press release, the brand made sure to emphasize the model’s roots: “Just below the 12 o’clock hour marker, under the Louis Vuitton logo, is one word that encapsulates everything there is to be known about the Escale’s creative rebirth: Paris.” $40,324

The BR03 Diver from Paris-based Bell & Ross celebrates its seventh anniversary this year. Recognised as the first square diving watch, the 2024 edition is new in more ways than one. Composed of five new models, including the full lume version with a pale blue dial shown here, the series is equipped with an improved automatic movement boasting 54 hours of power reserve, new typography, redesigned hands for optimal legibility and a new adaptable strap. $8,248

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How Paris’s Dining, Hotel and Art Scene Got Their Groove Back — Just in Time for the Olympics

The French capital’s cultural life was already on the upswing. Mix in a major global sporting event, and it’s now ready to go toe to toe with any city in the world.

By Vivian Song 09/07/2024

Host cities of modern-day Olympic Games have gotten into the competitive spirit by trying to stage the most spellbinding, over-the-top opening ceremony on record. Beijing enlisted 2008 drummers. London featured James Bond escorting Queen Elizabeth II. All Rio needed to wow the crowd was Gisele, who turned the stadium into her personal catwalk, strutting the length of the field solo. But only Paris could make the unprecedented gamble that the city itself is spectacular enough to be the star of the show.

If all goes according to plan when the Summer Olympics alight in Paris this July, the opening ceremony will play out like a Hollywood epic: timed to coincide with the sinking of the sun, an open-air flotilla of boats will ferry the athlete delegations on the Seine, sailing toward the sunset as hundreds of thousands of spectators cheer from either side of the river’s banks and the bridges above, all bathed in the amber afterglow.

Café life in Saint-Germain-des-Prés
Nico Therin

It will mark the first time the ceremony will be held outside a stadium, let alone on a waterway. So too many of the events themselves, instead of being mounted in mostly generic stadiums on the outskirts of the city, will take place in the heart of Paris, reframing the French capital in a way that locals and visitors alike have never experienced—and that’s sure to dial up the promise of pageantry and emotion.

The Eiffel Tower’s latticed silhouette will serve as the backdrop for beach volleyball at Champs de Mars. Place de la Concorde, where more than a thousand people (including Louis XVI and Marie Antoinette) had their heads lopped off during the French Revolution, will be the site of newly admitted Olympic sports such as skateboarding and breakdancing. And though Olympic swimmers have raced in pools since 1908, this year’s athletes are slated to compete in the river itself. (Competitions will also take place in cities across France, from Lyon to Marseille, and Tahiti in French Polynesia will host the surfing event.)

The specs are ambitious and inventive, and in some ways could restore the city’s reputation for audacity. Because while the City of Light may be known as the cradle of fashion, culture and gastronomy, not too long ago it was also regularly accused of slipping into a lazy, even smug, complacency—stuck in its ways, resting on the laurels of its storied past.

In the food world, those doldrums translated into controversial snubs from the influential World’s 50 Best Restaurants list, known for flushing out avant-garde chefs. The French Michelin Guide, once considered the ultimate arbiter of fine dining, suddenly seemed staid and irrelevant. London and Berlin took Europe’s centre stage in art and design. Even President Emmanuel Macron described his fellow countrymen as resistant to change, much to the ire of those fellow countrymen—and countrywomen.

But influential creatives and Parisians say that in the years leading up to the Games, and particularly since the pandemic, something has shifted. “I really think that during the last 10 years, Paris opened itself to more new things, for different trends,” says Hélène Darroze, the acclaimed chef whose six restaurants include Michelin two-star Marsan in Paris and her three-star namesake at The Connaught in London. “Paris is happier than before, more joyful than before.”

There’s a giddy sense of anticipation, says the illustrator Marin Montagut, who has collaborated with Le Bon Marché and the Ritz Paris and owns an eponymous boutique in Saint-Germain-des-Prés where he sells hand-painted glassware and porcelain decor. “It feels like Paris is trying to look very, very pretty for a very important evening. She’s been getting some plastic surgery and is trying to get ready in time,” he says with a chuckle. “There’s just a lot of effervescence in the city.”

The Right Bank’s Golden Triangle has seen a recent revival.
Nico Therin

For better or for worse, some of the credit for that renewed vitality belongs to the light-as-soufflé Netflix series Emily in Paris, which quickly became the collective escapist fantasy for viewers around the world who were grounded by the Covid-19 virus. Another part of that newfound energy, though, can be traced to the frenzied building of luxury hotels, restaurants, galleries, museums and boutiques over the past few years, including Montagut’s own Paris-themed shop, which he opened in 2020.

In the past three years alone, 25 new five-star hotels debuted across the city, bringing the total to 101. Noteworthy newcomers include Madame Rêve, Kimpton St. Honoré Paris, Château des Fleurs, Maison Proust, LVMH’s Cheval Blanc Paris, and Chopard’s first boutique hotel here, 1 Place Vendôme. The dual autumn 2023 openings of Le Grand Mazarin and La Fantaisie hotels marked the Paris debut of Swedish designer Martin Brudnizki, whose playfully modern, maximalist and flamboyant aesthetic injected colour and character into Paris’s elite hotel scene.

In parallel with the growth of traditional hotels, new players in the luxury rental market are emerging, joining the likes of Le Collectionist and Belles Demeures. Founded in 2020, Highstay rents out luxury serviced apartments equipped with kitchens and living spaces. The firm’s current portfolio includes 36 apartments in areas such as the Champs-Élysées and Saint-Honoré, and another 48 are under construction—all of which it owns. There is no check-in (guests are sent digital access codes) and all concierge requests, including housekeeping and travel reservations, are made via live chat on a dedicated guest portal. “The goal is that guests get the real Parisian experience and feel like an insider, like a city dweller,” says general director Maxime Lallement.

The idea of making Paris as welcoming as a second home is also what drives the luxury real-estate market for foreign buyers, particularly Americans, says Alexander Kraft, CEO of Sotheby’s International Realty France-Monaco. He sees 2024 as a “transition year” and says that the local market is moving at two different speeds: while demand for properties between roughly $1.5 million and $8.5 million has cooled, high-end properties between about $17 million and $85 million continue to sell fast among buyers from the Middle East. Kraft predicts the market will pick up in 2025 following the US presidential election. “Paris is one of those real-estate markets that is eternally popular,” he says. “Contrary to other international cities, it really has broad appeal.”

The living room of a Highstay apartment in Le Marais.
Nico Therin

Montreal-born, New York–based interior designer Garrow Kedigian is one of those frequent visitors who decided to take the leap and buy his own pied-à-terre in Paris a few years ago, after a lifetime of travelling back and forth for both work and pleasure.

As a part-time resident, Kedigian says he too has noticed a palpable shift in the city’s vibe, which he attributes to a renewed appreciation for tourists following their absence during the pandemic, as well as an “international flair” that has given the city a fresh spark. “There’s a lot more cultural diversity than there was before,” he says. “In that respect it’s a bit like New York. And I think that now the interface between Paris’s unique flavour and the international populace is a little bit smoother.”

For Montagut, one of the best examples of this synergy can be found in Belleville, in the city’s east end, where independent artists, musicians and other urban creatives rub shoulders in Chinese, African, and Arab restaurants and businesses. “There’s a social and cultural diversity here, and for me this is really important,” Montagut says. “If Paris was just the 6th arrondissement, it would be boring.”

The eastern edge of Paris is also one of the preferred neighbourhoods of Michael Schwartz, the marketing and communications manager for Europe at French jewellery house Boucheron. A recent New York City transplant, he is drawn to the burgeoning number of gastronomic gems far from the madding tourist crowds.

A view over the rooftops to the Eiffel Tower.
Nico Therin

He points to sister restaurants Caché and Amagat (the names mean “hidden” in French and Catalan, respectively), discreetly located at the end of a cobblestoned cul-de-sac, as favourites. With backgrounds in fashion and advertising, the Italian duo who run them have attracted equally fashionable locals to this hitherto quiet part of town. Caché serves up fresh Mediterranean seafood dishes, while next door, Amagat specialises in Catalan tapas.

Then there’s Soces, a corner seafood bistro on rue de la Villette, where you might find Jean-Benoît Dunckel, who co-wrote the score to Sofia Coppola’s film The Virgin Suicides when he was part of the electronic-music duo Air (Dunckel’s recording studio is in the area), or the French designers behind the Coperni fashion line, Sébastien Meyer and Arnaud Vaillant. “This is a really special restaurant,” says Schwartz. “It’s frequented by really cool creatives, designers and musicians, and it’s kind of a destination restaurant for most people because it’s not central.”

What makes Paris’s dining scene so exciting now, according to Stéphane Bréhier, editor in chief of French restaurant guide Gault& Millau, is a sense of fearlessness among younger chefs who reject the traditional trajectory that begins with a lowly stage in a Michelin-star kitchen. What’s more, visitors are likewise foregoing Michelin establishments in favour of newer, more experimental dining spots. “Over the last few years, there’s been a profusion of young chefs who don’t want to work for other people and are daring to set up their own shop,” Bréhier says. “The gastronomic scene is booming in Paris.” 

At work in La Tour d’Argent’s kitchen
Nico Therin

These bold, emerging chefs feel less bound not only to their elders but also to French cuisine itself. “It has changed a lot,” says Hélène Darroze, who opened Marsan, her first Parisian restaurant, 25 years ago. “The new generation travelled a lot—in South America, for example, in Asia—before opening a restaurant or being a head chef somewhere. They opened themselves to other cultures. This is why the culinary scene at the moment is very interesting in Paris; because it’s a mix of very famous chefs with Michelin stars but also young chefs who don’t care about Michelin stars—they just want to explore so many fields.”

The ever-growing importance of social media and its insatiable hunger for envy-inducing images is driving another major trend in the dining scene: rooftop spots, including Mun and Girafe in the Golden Triangle, the area bordered by avenues Montaigne and George V and the Champs-Élysées. “A lot of rooftops have opened in Paris, where before they were pretty much nonexistent apart from the Eiffel Tower and the Montparnasse Tower,” says Dimitri Ruiz, head concierge at Hôtel Barrière Fouquet’s Paris on the Champs-Élysées.

Five-star Right Bank hotels SO/ and Cheval Blanc Paris have watering holes that offer sweeping vistas of the Seine. But perhaps the most coveted perch during the opening ceremony will be the Champagne bar at La Tour d’Argent restaurant, which boasts unobstructed views of the Notre-Dame Cathedral and the Seine. (And yes, someone already had the idea to book it for a private event.) Famous for its signature pressed duck as well as for hosting monarchs and heads of state, the historic restaurant recently underwent a major renovation that included the addition of the aerie, which opened late last summer. “It’s only been in the last 10 years or so that Paris has been developing rooftops, and it’s really taking off like wildfire,” says third-generation owner André Terrail.

Paris’s venerated fashion industry has also found ways to innovate, with fresh faces keeping their fellow couturiers on their toes and the shopping options enticing. In 2022, for example, Simon Porte Jacquemus opened his first boutique in the city on avenue Montaigne—home to Gucci, Chanel, and Prada, among other venerable names—and in March, at the age of 34, became France’s youngest fashion designer to be named a Chevalier de l’Ordre des Arts et des Lettres for his contributions to the field. That kind of success has a ripple effect in the creative community.

“Almost every street has the name of an artist or a politician,” says Charaf Tajer, the Parisian-born creative director behind the London-based Casablanca sportswear line. “So the city reminds me always that the people who came before me, who walked those streets, created the future in a way. As much as [Paris] seems stuck in time visually, you can also feel the energy of people creating the present.”

Interior designer David Jimenez, whose 2022 book Parisian by Design compiles his Francophile projects, moved to the city in 2015 and spent his first few years living near the Champs-Élysées, which he says has undergone a noticeable revival. Along with Jacquemus’s arrival, new luxury openings or expansions—including Burberry, Saint Laurent, Bottega Veneta, and Panerai—and city-led greening efforts are bringing Parisians back to the 8th arrondissement, long dismissed as an overcrowded tourist trap where fast-food and fast-fashion chains had colonised the once glamorously luxe avenue. Now, Dior’s captivating Peter Marino–designed museum draws legions of fans, while the city has been busy planting more trees, renovating gardens and repairing damaged sidewalks as part of a long-term embellishment plan. And on the first Sunday of every month, the entire length of the Champs-Élysées becomes a pedestrian-only promenade. “It’s an exciting evolution in a part of the city that seemed sleepy and perhaps lost its way a little bit,” Jimenez says. “Now there’s a thrust forward.”

Jardins du Luxembourg is a perennially popular Left Bank locale for sitting or strolling.
Nico Therin

The thriving fashion houses are responsible for more than maintaining the city’s unparalleled reputation for chic. To a large degree, they have also helped revive its status as an art capital. The billions generated by LVMH (parent of Louis Vuitton, Dior and Berluti, among others) and Kering (Alexander McQueen, Gucci, Bottega Veneta, et al.) funded the extraordinary contemporary art collections amassed by their founders, Bernard Arnault and François Pinault, respectively. The rivals rewarded their hometown with two museums, Fondation Louis Vuitton and Bourse de Commerce, that have helped make it a leader in contemporary art.

Also lending a hand: Brexit, which persuaded many international galleries to brush up on their French. One of the most talked-about recent additions is the powerhouse Hauser & Wirth, which opened in a 19th-century hôtel particulier near the Champs-Élysées last year. David Zwirner arrived in 2019, Mariane Ibrahim in 2021, and Peter Kilchmann the following year, all joining long-established Parisian galleries including Perrotin and Thaddaeus Ropac. The City of Light even snagged its own coveted annual installment of Art Basel: Paris+, which now runs every October in the Grand Palais.

“Quite frankly, Paris has been putting up some of the most incredible exhibitions in institutions in Europe,” says Serena Cattaneo Adorno, senior director at Gagosian. “And a lot of private collectors have also decided to open spaces in the city, creating a great dynamic between public and private galleries.”

The always-savvy Gagosian, on rue Ponthieu, has hit upon an authentic tie-in with the Games: a summer exhibition featuring Olympic posters created over the years by celebrated artists from Picasso on up to Warhol, Hockney and Tracey Emin. “Once you start digging, you find that a lot of artists have reflected on sports and the engagement of the body,” Cattaneo Adorno says. “It’s just a really pure and beautiful message about how art and sports have dialogues that can be somewhat surprising.”

A few months out from the festivities on the Seine, interior decorator Jimenez sums up the mood of many locals, saying (only half-jokingly), “I think for most Parisians, there’s a sense of curiosity, optimism, excitement—and an exit plan, in that order.”

While polling shows that nearly half of Parisians intend to vacate the city during the games, Jimenez notes that he will be watching the opening ceremony with friends who live in an apartment overlooking the Seine. “I want to be part of the excitement. I want to see as much as I can and be energised by this very special and unique moment,” he says. “It’s a once-in-a-lifetime opportunity, and I am deeply grateful to be able to experience it first-hand as an American living in Paris.”

Additional reporting by Lucy Alexander and Justin Fenner.

 

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Watches & Wonders 2024 Showcase: Hermès

We head to Geneva for the Watches & Wonders exhibition; a week-long horological blockbuster featuring the hottest new drops, and no shortage of hype.

By Josh Bozin 24/07/2024

With Watches & Wonders 2024 well and truly behind us, we review some of the novelties Hermès presented at this year’s event.

HERMÈS

Hermes Cut

Moving away from the block colours and sporty aesthetic that has defined Hermès watches in recent years, the biggest news from the French luxury goods company at Watches & Wonders came with the unveiling of its newest collection, the Hermès Cut.

It flaunts a round bezel, but the case middle is nearer to a tonneau shape—a relatively simple design that, despite attracting flak from some watch aficionados, works. While marketed as a “women’s watch”, the Cut has universal appeal thanks to its elegant package and proportions. It moves away from the Maison’s penchant for a style-first product; it’s a watch that tells the time, not a fashion accessory with the ability to tell the time.

Hermès gets the proportions just right thanks to a satin-brushed and polished 36 mm case, PVD-treated Arabic numerals, and clean-cut edges that further accentuate its character. One of the key design elements is the positioning of the crown, boldly sitting at half-past one and embellished with a lacquered or engraved “H”, clearly stamping its originality. The watch is powered by a Hermès Manufacture movement H1912, revealed through its sapphire crystal caseback. In addition to its seamlessly integrated and easy-wearing metal bracelet, the Cut also comes with the option for a range of coloured rubber straps. Together with its clever interchangeable system, it’s a cinch to swap out its look.

It will be interesting to see how the Hermès Cut fares in coming months, particularly as it tries to establish its own identity separate from the more aggressive, but widely popular, Ho8 collection. Either way, the company is now a serious part of the dialogue around the concept of time.

hermes.com

Read more about this year’s Watches & Wonders exhibition at robbreport.com.au

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Watch This Space: Mike Nouveau

Meet the game-changing horological influencers blazing a trail across social media—and doing things their own way.

By Josh Bozin 22/07/2024

In the thriving world of luxury watches, few people own a space that offers unfiltered digital amplification. And that’s precisely what makes the likes of Brynn Wallner, Teddy Baldassarre, Mike Nouveau and Justin Hast so compelling.

These thought-provoking digital crusaders are now paving the way for the story of watches to be told, and shown, in a new light. Speaking to thousands of followers on the daily—mainly via TikTok, Instagram and YouTube—these progressive commentators represent the new guard of watch pundits. And they’re swaying the opinions, and dollars, of the up-and-coming generations who now represent the target consumer of this booming sector.

MIKE NOUVEAU

@mikenouveau

Mike Nouveau

Can we please see what’s on the wrist? That’s the question that catapulted Mike Nouveau into watch stardom, thanks to his penchant for highlighting incredibly rare timepieces across his TikTok account of more than 400,000 followers. When viewing Nouveau’s attention-grabbing video clips—usually shot in a New York City neighbourhood—it’s not uncommon to find him wrist-rolling some of the world’s rarest timepieces, like the million-dollar Cartier Cheich (a clip he posted in May).

But how did someone without any previous watch experience come to amass such a cult following, and in the process gain access to some of the world’s most coveted timepieces? Nouveau admits had been a collector for many years, but moved didn’t move into horology full-time until 2020, when he swapped his DJing career for one as a vintage watch specialist.

“I probably researched for a year before I even bought my first watch,” says Nouveau, alluding to his Rolex GMT Master “Pepsi” ref. 1675 from 1967, a lionised timepiece in the vintage cosmos. “I would see deals arise that I knew were very good, but they weren’t necessarily watches that I wanted to buy myself. I eventually started buying and selling, flipping just for fun because I knew how to spot a good deal.”

Nouveau claims that before launching his TikTok account in the wake of Covid-19, no one in the watch community knew he existed. “There really wasn’t much watch content, if any, on TikTok before I started posting, especially talking about vintage watches. There’s still not that many voices for vintage watches, period,” says Nouveau. “It just so happens that my audience probably skews younger, and I’d say there are just as many young people interested in vintage watches as there are in modern watches.”

 

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A post shared by Mike Nouveau (@mikenouveau)

Nouveau recently posted a video to his TikTok account revealing that the average price of a watch purchased by Gen Z is now almost US$11,000 (around $16,500), with 41 percent of them coming into possession of a luxury watch in the past 12 months.

“Do as much independent research as you can [when buying],” he advises. “The more you do, the more informed you are and the less likely you are to make a mistake. And don’t bring modern watch expectations to the vintage world because it’s very different. People say, ‘buy the dealer’, but I don’t do that. I trust myself and myself only.”

Read more about the influencers shaking up horology here with Justin Hast, Brynn Wallner and Teddy Baldassare.

 

 

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5 Lounge Chairs That Add Chic Seating to Your Space

Daybeds, the most relaxed of seating solutions, offer a surprising amount of utility. 

By Marni Elyse Katz 22/07/2024

Chaise longue, daybed, recamier, duchesse brisée—elongated furniture designed for relaxing has a roster of fancy names. While the French royal court of Louis XIV brought such pieces to prominence in fashionable European homes, the general idea has been around far longer: The Egyptian pharaohs were big fans, while daybeds from China’s Ming dynasty spurred all those Hollywood Regency fretwork pieces that still populate Palm Beach living rooms. Even Mies van der Rohe, one of design’s modernist icons, got into the lounge game with his Barcelona couch, a study of line and form that holds up today.

But don’t get caught up in who invented them, or what to call them. Instead, consider their versatility: Backless models are ideal in front of large expanses of glass (imagine lazing on one with an ocean view) or at the foot of a bed, while more structured pieces can transform any corner into a cozy reading nook. Daybeds may be inextricably linked to relaxation, but from a design perspective, they put in serious work.

Photo: Courtesy of Egg Collective

Emmy, Egg Collective 

In designing the Emmy chaise, the Egg Collective trio of Stephanie Beamer, Crystal Ellis and Hillary Petrie, who met as students at Washington University in St. Louis, aimed for versatility. Indeed, the tailored chaise looks equally at home in a glass skyscraper as it does in a turn-of-the-century town house. Combining the elegance of a smooth, solid oak or walnut frame with the comfort of bolsters and cushioned upholstery or leather, it works just as well against a wall or at the heart of a room. From around $7,015; Eggcollective.com

Plum, Michael Robbins 

Woodworker Michael Robbins is the quintessential artisan from New York State’s Hudson Valley in that both his materials and methods pay homage to the area. In fact, he describes his style as “honest, playful, elegant and reflective of the aesthetic of the Hudson Valley surroundings”. Robbins crafts his furniture by hand but allows the wood he uses to help guide the look of a piece. (The studio offers eight standard finishes.) The Plum daybed, brought to life at Robbins’s workshop, exhibits his signature modern rusticity injected with a hint of whimsy thanks to the simplicity of its geometric forms. Around $4,275; MichaelRobbins.com 

Photo: Courtesy of Reda Amalou Design

Kimani, Reda Amalou Design 

French architect and designer Reda Amalou acknowledges the challenge of creating standout seating given the number of iconic 20th-century examples already in existence. Still, he persists—and prevails. The Kimani, a bent slash of a daybed in a limited edition of eight pieces, makes a forceful statement. Its leather cushion features a rolled headrest and rhythmic channel stitching reminiscent of that found on the seats of ’70s cars; visually, these elements anchor the slender silhouette atop a patinated bronze base with a sure-handed single line. The result: a seamless contour for the body. Around $33,530; RedaAmalou

Dune, Workshop/APD 

From a firm known for crafting subtle but luxurious architecture and interiors, Workshop/APD’s debut furniture collection is on point. Among its offerings is the leather-wrapped Dune daybed. With classical and Art Deco influences, its cylindrical bolsters are a tactile celebration, and the peek of the curved satin-brass base makes for a sensual surprise. Associate principal Andrew Kline notes that the daybed adeptly bridges two seating areas in a roomy living space or can sit, bench-style, at the foot of a bed. From $13,040; Workshop/ APD

Sherazade, Edra 

Designed by Francesco Binfaré, this sculptural, minimalist daybed—inspired by the rugs used by Eastern civilizations—allows for complete relaxation. Strength combined with comfort is the name of the game here. The Sherazade’s structure is made from light but sturdy honeycomb wood, while next-gen Gellyfoam and synthetic wadding aid repose. True to Edra’s amorphous design codes, it can switch configurations depending on the user’s mood or needs; for example, the accompanying extra pillows—one rectangular and one cylinder shaped— interchange to become armrests or backrests. From $32,900; Edra

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