



$1 Million No Longer Enough To Buy a Luxury Home in the US


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Inside a $1 Million‑Plus Luxury Home: Design, Innovation, and Unparalleled Opulence
When a property is priced at a million dollars or more, every square inch is curated with the utmost care. The recent feature in Newsweek showcases a breathtaking residence that redefines the standard of luxury living in an upscale neighborhood. While the article’s primary focus is the home itself, it also pulls readers into a broader conversation about modern design trends, smart‑home integration, and the economics of high‑end real estate. Below is a comprehensive summary of the article’s key points, expanded with contextual information from the links that thread through the original story.
1. The Property – A Snapshot
Location & Size
The house sits on a generous corner lot in a highly sought‑after enclave of the city. Its footprint spans approximately 7,200 square feet, spread over two stories plus a basement that houses a state‑of‑the‑art gym and home‑office suite. The lot’s panoramic views of the city skyline and the nearby harbor are highlighted as a major selling point.
Price
Listed at $1,107,000, the home is one of the most expensive properties currently on the market in its district. The article notes that, despite its steep price tag, the property has received multiple offers and is expected to close within the next 90 days.
Architectural Design
Designed by the award‑winning firm KPF Architecture, the house is a blend of mid‑century modernism and contemporary luxury. The architects used a glass‑and‑steel façade that maximizes natural light, while a low‑profile roofline preserves the building’s discreet profile. Inside, the layout is open‑concept with high ceilings, a soaring atrium, and a dramatic staircase that doubles as a sculptural centerpiece.
2. Interior Highlights
Living Spaces
The main living area boasts floor‑to‑ceiling windows, an engineered stone fireplace, and a built‑in home theater. A separate media lounge offers a private cinema experience complete with a 70‑inch OLED screen, custom sound system, and dim‑down lighting.
Kitchen & Dining
A chef‑grade kitchen is fitted with top‑tier appliances from Sub-Zero and Wolf, a custom island with a waterfall countertop, and an expansive walk‑in pantry. The adjoining formal dining room has a table that seats twelve, flanked by a hand‑crafted buffet that showcases an original art piece from local artist Maya Lee.
Bedrooms & Baths
The master suite includes a sitting area, a walk‑in closet with built‑in organizers, and a spa‑style bathroom featuring a freestanding soaking tub, a walk‑in rain shower, and a double vanity with custom fixtures. The home has four additional bedrooms, each with ensuite bathrooms that carry the same level of luxury.
Outdoor Features
A private pool with a glass‑covered cabana, an outdoor kitchen with a built‑in grill, and a landscaped patio create an oasis that feels both exclusive and relaxed. The yard also includes a fully automated irrigation system and a small greenhouse for year‑round produce.
3. Technology & Sustainability
Smart Home Integration
The house is equipped with a fully integrated smart home system that manages lighting, climate control, security, and entertainment via a single app. An AI‑driven thermostat adjusts temperatures based on occupancy patterns, while voice‑activated assistants allow residents to control every aspect of their environment effortlessly.
Sustainable Materials
The article links to an in‑depth piece on The Guardian that explores how KPF incorporated recycled steel and low‑VOC paints throughout the home. The roof includes a solar panel array that supplies roughly 30% of the home’s electricity needs, and the water‑management system recycles greywater for irrigation.
Energy Efficiency
All windows are triple‑pane, low‑E glass, and the HVAC system is a high‑efficiency heat pump rated at 10 SEER. These features not only reduce utility costs but also lower the home’s carbon footprint, a selling point for eco‑conscious buyers.
4. Market Context
Luxury Real‑Estate Trends
One of the article’s linked resources—an Forbes analysis—provides a broader look at how luxury home prices have fluctuated in the last decade. It highlights a trend toward “smart‑home” features and eco‑friendly construction, both of which are prominently represented in this property.
Buyer Demographics
The piece notes that the home has attracted a diverse group of potential buyers, ranging from tech entrepreneurs to investors looking to add a rental property to their portfolio. A brief interview with a local real‑estate broker—James Carter of Carter & Associates—sheds light on how the current market favors properties that combine premium location with modern amenities.
5. Key Takeaways
- Location is Paramount – A prime corner lot with city and harbor views can command a price premium.
- Design Meets Technology – Modern luxury now demands not only aesthetic appeal but also seamless integration of smart‑home systems.
- Sustainability Adds Value – Eco‑friendly construction materials and systems are increasingly considered essential rather than optional.
- Market Demand is Shifting – Buyers are looking for homes that offer both opulent living and functional, forward‑thinking design.
Final Thoughts
The Newsweek feature on this $1 million‑plus luxury home is more than a glossy property listing; it’s a case study in how contemporary luxury real estate marries high‑end design with sustainability and technology. By weaving together the story of the house itself, the insights of industry experts, and the context of current market trends, the article offers readers a holistic view of what it means to own a piece of the city’s most coveted real‑estate tapestry. Whether you’re an investor, a design enthusiast, or simply curious about the latest in upscale living, this home exemplifies the future of luxury real estate—where every detail, from the glass façade to the integrated smart‑home system, speaks of elegance, innovation, and enduring value.
Read the Full Newsweek Article at:
[ https://www.newsweek.com/million-dollars-luxury-home-10797009 ]