Prestige Property: 41 Royal Albert Crescent, Sovereign Islands, QLD
An opulent waterfront slice of Sovereign Islands.
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This ultra-sleek residence in Queensland’s Sovereign Island is more reminiscent of homes found in the Hollywood Hills or in the Keys of Miami.
Here, no expense has been spared in creating 1231sqm of living space across four levels. Here, the residence sees 5-bedroom, 5-bathroom, 10-car parking constructed of solid concrete and fitted with bespoke finished throughout.
Inside, one is greeted by the soaring, coffered and recessed ceilings, lashing of Calacutta and Pietra Grey marble and custom lighting fixtures throughout.
A salient figure in the home, the kitchen features a backlit 5-metre marble island bench and is fitted with acclaimed Gaggenau appliances alongside a well-appointed butler’s pantry.
This space flows out to the dining room which features a 6.6-metre ceiling.
Elsewhere the home features a coordinating marble bar which – via 10-metre cavity slider doors – opens to reveal integration to the outdoors.
Here, one finds the infinity-edge pool overlooking the canal alongside the built-in BBQ, wine bar and showroom style, pillarless ten car garage.
The home also sees a number of mod-cons including a gold-class cinema complete with Dolby Atmos surround sound, an Epson 4K projector, tiered seating and a CinemaScope screen
There’s also a top floor entertainment lounge that captures almost 360-degree views (including Gold Coast skyline), with a full bar, powder room and terrace,
Of the accommodation, the home hosts five superb bedrooms. The master suite is an exercise in pure indulgence, replete with a marble ensuite, decadent dressing room – fitted with custom joinery and backlit marble centre island – rivalling the finest luxury boutiques.
Downstairs the home offers a gymnasium, wine bar and indoor sitting area and canal-front terrace.
The home boasts savant smart home automation for lighting, security, cameras, air-conditioning, blinds while an internal lift services all four levels.
The home is listed with Michael Kollosche (+61 411 188 815). POA; kollosche.com
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The actress and her husband, comedy writer Dave McCary, spent more than three years restoring the house, which is one of the priciest properties for sale in the Texas city.
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In 2021, actress Emma Stone purchased a historic estate in Austin, Texas, with a plan to move her family there. Four years later, she has instead decided to put the property on the market.
The actress and her husband, comedy writer Dave McCary, are asking $26.5 million for the newly renovated estate, according to Eric Moreland of Moreland Properties/Forbes Global Properties, one of the listing agents. The 1.25-acre property, located in the upscale Tarrytown neighbourhood, will be among the most expensive on the market in Austin.
Stone and McCary have spent more than three years renovating and restoring the Texas property, Moreland said.
A spokesperson for Stone didn’t respond to requests for comment. Moreland said the couple’s New York business interests have expanded since they started the remodel, and while they hope to live in Austin eventually, it doesn’t make sense for now.
The couple, who are co-founders of the production company Fruit Tree, own a roughly $12 million apartment in lower Manhattan, according to property records. Stone is slated to star in the upcoming contemporary Western film “Eddington.”
It’s unclear what Stone and McCary paid for the Austin property, since Texas is a nondisclosure state . The Georgian-style brick house dates to around 1940, making it one of the oldest estates in the area.
The roughly 10,000-square-foot estate includes a main house with four bedrooms and a two-bedroom guesthouse. The property also has a pool, a hot tub, and a garage with a screening room and entertaining space above.
As part of the renovation, the couple removed, cleaned and reused all the exterior brick. They also reconfigured some of the living spaces, opening the kitchen to the living room for a more modern layout. It took more than a year just to install the millwork in the screening room, said Moreland.
The contractors are now putting the finishing touches on the property, he said.
The “La La Land” actress has a track record of buying and selling her homes for significantly more than she paid. In 2022, she sold her blufftop Malibu, Calif., home for $4.425 million after buying it for $3.25 million in 2018, according to property records.
Last year, she sold her home in L.A.’s Comstock Hills neighbourhood for $4.3 million, significantly more than the $2.3 million she paid in 2019.
Austin saw an influx of new residents during COVID, but many of those are now returning to the East and West coasts, particularly workers in the tech sector.
While the market “has come down to earth a little bit” since the pandemic-era boom, Moreland said, he has seen a number of $20 million-plus deals over the past few months.
Moreland has the listing with colleague Diane Humphreys.
The 25-room mansion was built for an heiress and later belonged to a socialite and architect on the Empire State Building.
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