There’s a certain intrigue to following the lifestyles and trends of the rich and famous. The following is a glimpse into the priciest real estate sales during 2017.

Globally, the most expensive property sold during 2017 took place inside Mount Nicholson, an Asian development located atop Hong Kong’s highest elevation. Topping the leaderboard at $149 million, the purchase of two Mount Nicholson apartment units had a combined 9,000 square feet.

According to the Demographia International Housing Affordability Survey, Hong Kong’s private home prices have increased by 430 percent since 2003, making it the world’s most expensive urban center among 406 cities to buy a home in.

Next on the list of highest priced properties was the $120 million purchase of a second-floor, 3,085 square-foot, four-bedroom penthouse in the heart of London’s most prestigious apartment blocks, The Knightsbridge.

The property, which underwent a refurbishment by interior design firm Candy & Candy some five years ago, offers easy access to Hyde Park and the haute couture boutiques of Knightsbridge and Sloane Street, as well as a selection of exclusive restaurants and bars. There is also an abundance of cultural experiences with the Victoria and Albert Museum, Natural History Museum, Royal Albert Hall and Serpentine Gallery all within walking distance.

Third place belongs to 432 Park Avenue in New York City. New York City’s real estate news source, The Real Deal, reports a Chinese buyer purchased three units for $91.1 million. The asking price for all three units was $120 million.

Acclaimed as the tallest residential building in the western hemisphere, the building was designed by Uruguayan architect Rafael Viñoly. Speculation abounds that the new owner may create a single residence with a total of close to 12,000 square feet.

The next highest sale in 2017 reportedly belongs to 454 Cuesta Way in Los Angeles, California. Bought by Beyoncé and Jay Z, the sale was dubbed the celebrity real estate purchase of the year. The Los Angeles Times reports that the couple paid $90 million for the newly built, contemporary mansion in Bel Air. Designed by prolific spec mansion builder Paul McClean, Beyoncé and Jay Z’s new property is made up of six structures and holds a 15-car garage, bulletproof windows, helipad, and four pools.

New England’s top selling property for 2017 sold for $25 million. Found in Greenwich, Connecticut, 19-acre Sabin Farm was the estate of billionaire investor Stanley Druckenmiller, featuring a 12,200-square-foot main house with 20 rooms, and a three-bedroom guest house.

Maine’s priciest real estate transaction in 2017 was the sale of 415 Pemasong Lane in Yarmouth. Owned by the same family since 1876, this private compound on 17.46 acres has a main residence and two guest cottages, stone pier with deep water dock, two moorings and a sand beach along 1,576 feet of Casco Bay. The property was on the market for one day and sold for the full asking price of $6.25 million.

A short trip south along the shoreline of Casco Bay leads the way to Maine’s second most expensive real estate sale in 2017. Located at 71 Foreside Road, the Rockefeller estate sold for $4.8 million. The estate includes a 1950s home, a Maine-Cottage inspired guest house, outbuildings, gardens and extensive outdoor space, 31 acres of classic Maine landscaping and 1,300 feet of shoreline on Casco Bay.

Cape Elizabeth rounds out the third spot with the sale of 7 Cragmoor Road for $4.29 million. Situated prominently on the shores of Cape Elizabeth, Cragmoor looks out across the shipping channel to Cushing and Peaks islands, and beyond Portland Headlight to the open ocean. Completing the estate is a pool, hot tub, and carriage house.

The year 2017 brought many fabulous properties onto the market — some of which hadn’t been on the market in decades and were quickly snatched up. If you, or someone you know, is looking to buy, sell or invest in luxury properties in 2018, be sure to contact a trusted expert Realtor who is a Certified Luxury Home Marketing Specialist. These individuals have undergone extensive training to become skilled at selling and purchasing high-end homes.

This column is produced by Rick Bisson and his family, who own Bisson Real Estate with Keller Williams Realty of Midcoast and Sugarloaf.

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