There’s nothing to do but enjoy the luxurious surrounds while taking in the sea view in this five-star residence
2 minIf Melbourne is the most liveable city in Australia then the inner circle location of St Kilda must be amongst the most liveable suburbs in the southern capital. Vibrant restaurants and cultural activities, including the iconic Luna Park, are within easy distance of the popular beach, which is itself rimmed by parkland and the Bay Trail.
Overlooking this view of bush, sand and sea is St Moritz at 14-16 The Esplanade. Designed by Fender Katsilidis, the building offers residents direct views of the beach, down the Peninsula and across the waters to Williamstown.
Completed less than two years ago, the exclusive residence was constructed on the former St Moritz ice rink. Since opening, it has become synonymous with the best of residential luxury design while offering facilities more commonly seen in five-star hotels, including a 25m pool, sauna and spa room, a fully equipped gym, a cryotherapy and floatation tank as well as a yoga and pilates space. In addition, there is also a library, a cinema and champagne bar plus a wine storage space, tasting room and private dining area.
While the properties were quick to sell, the sub penthouse has just come onto the market, offering a rare opportunity to buy into this boutique development. Positioned on the sixth floor, the three-bedroom apartment feels more like a house, with multiple thoughtfully planned living spaces and separate dining area. The marble kitchen is fully equipped for entertaining, with Gaggenau appliances, Vintec wine storage and restaurant-style Sub Zero fridges.
The master bedroom offers a full suite experience, with extensive wardrobe and dressing room and a sanctuary-style bathroom complete with generous bath and rainwater showerheads.
There’s also a dedicated four-car garage and fifth parking space, the final luxury for an outstanding property.
Address: 601G/14-16 St Moritz, The Esplanade, St Kilda
Agent: Michael Paproth 0488 300 800 The Agency Victoria
Open for inspection: Wednesday September 20, 4.30pm-5pm
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A five-bedroom Palo Alto home designed by Steven Ehrlich is listed for $44 million, making it the city’s most expensive listing. Built around a dramatic concrete spine, the home features four courtyards and a pool.
3 min
For years, tech entrepreneur Asher Waldfogel and his wife, Helyn MacLean, dreamed of building a modern house in Palo Alto, Calif.
The couple, however, worried about clashing with the Mediterranean-style architecture typically associated with their neighborhood of Old Palo Alto.
So they tapped architect Steven Ehrlich to create a design that paid homage to its surroundings with stucco, mahogany and titanium zinc cladding. They spent $20 million over several years building the house, completed in 2005.
Now looking to be closer to their adult daughter on the East Coast, they are putting the five-bedroom home on the market for $44 million—the most expensive listing in Palo Alto.
Waldfogel is an angel investor who co-founded Redback Networks, a telecommunications-equipment company. MacLean previously had a career in fundraising.
The couple purchased the roughly 0.4-acre site for $7.1 million in 2000 and demolished a circa-1930s Spanish Colonial home. The house they built pinwheels around a central staircase. It has 7,900 square feet of livable space, with four distinct courtyards and a pool.
A key feature of the home is a cast-in-place concrete wall, or spine, that is two stories high and about 80 feet long. “There’s a little bit of controlled chaos in what comes out of the form,” unlike a perfectly uniform surface, Waldfogel said. “If you want that, you do it in plastic.”
Waldfogel said he and his wife are thinking about the next phase of life now that their daughter is grown, although they have not decided where they will move. They also have a home in Sun Valley, Idaho.
“Right now we’re just trying to emotionally let go and decide what to do next,” he said.
Palo Alto, an epicenter of venture capital and tech startups in Silicon Valley, is home to some of the country’s biggest tech titans. Sales volume and prices are rising, with a median sale price of $3.5 million for the three months ending in August, up 5.8% year-over-year, according to real-estate brokerage Redfin.
Arthur Sharif of Sotheby’s International Realty—San Francisco Brokerage has the listing.
