Actor Christian Slater’s Miami Home Sells Over Ask At $6.07 Million
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Actor Christian Slater’s Miami Home Sells Over Ask At $6.07 Million

The palm tree-lined property in Coconut Grove listed last month asking $5.63 million

By VIRGINIA K. SMITH
Wed, Aug 17, 2022 10:11amGrey Clock < 1 min

“Heathers” and “Mr. Robot” actor Christian Slater’s longtime Miami home has sold for around $6.07 million, Mansion Global has learned.

The four-bedroom property in Miami’s exclusive Coconut Grove neighbourhood had listed for $5.63million in early July, Mansion Global reported at the time. It sold within three days of listing, according to representatives from Compass.

“This was a very special property, a charming and secluded home on a large lot along one of the [neighbourhood’s] most desired streets,” said listing agent Liz Hogan of Compass. (Ms. Hogan shared the listing with colleague Charles Celesia.) “Though the market has cooled a bit, this sale exemplifies the continued incredible demand for move-in ready luxury properties across South Florida’s most sought-after neighbourhoods.”

Mr. Slater, 52, had purchased the property for around $3.15 million in 2013, according to records. He was not available for comment.

With extensive palm trees and landscaping providing a sense of privacy, the sun-filled home features ample entertaining space on the first floor, as well as rooftop terrace, a guest house, and a spacious backyard pool, lawn and patio area, per the listing.

The buyer, who could not be identified, purchased through a limited liability company, and was represented by Jeannette Behrens with Berkshire Hathaway HomeServices. Ms. Behrens was not immediately available for comment.

Reprinted by permission of Mansion Global. Copyright 2021 Dow Jones & Company. Inc. All Rights Reserved Worldwide. Original date of publication:  August 16, 2022.



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London’s Luxury Property Market Turns a Corner

After more than a year, prices have finally levelled out in prime central London, while outer London saw a small uptick in high-end prices from the previous quarter

By CASEY FARMER
Fri, Mar 29, 2024 2 min

The first quarter of the year brought some long-awaited signs of recovery in London’s luxury housing market, offering the first positive quarterly price growth since September 2022, according to a report from Savills on Wednesday.

After six consecutive quarterly price falls, luxury home prices in central London levelled out in the first three months of the year, with a 0.1% quarterly uptick in prices. The £3 million to £5 million (US$3.79 million to US$6.32 million) market saw a slightly larger increase of 0.3%.

Outer London’s luxury market saw greater quarterly price growth, with home prices up 0.8%, as some stability returned to mortgage costs and lured more buyers back to the market, according to the report.

All of this is evidence that the market is “in early stages of recovery,” according to Lucian Cook, head of residential research at Savills.

“The outlook for the housing market has certainly improved, partly because the mortgage market has recovered more quickly than expected,” Cook said in the report. “With the first rate cut rapidly coming into view and recessionary risks easing, greater stability has returned to the cost of mortgage debt, which has positively impacted domestic prime markets, where many buyers rely on borrowing, most notably in leafy outer prime South and West London, as well as the commuter belt.”

Outside of London, prices across the U.K. saw no quarterly growth heading into the beginning of the spring market, which is expected to bring higher levels of buyer activity in many regions.

Suburban regions saw prices dip just 0.1%, while urban areas—like Edinburgh and Glasgow in Scotland, and Bath and Oxford in England—saw prices increase by 0.6%.

Cook said regional buyers are more likely to be concerned about market uncertainty than London buyers in the lead up to the general election.

“As a result, buyers are still expected to be less committed until the dust has settled,” he said.

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