Christie's International Real Estate Expands in Hawaii

Island Resort Property Joins Leading International Network of Real Estate Brokers Specializing in the Marketing and Sale of High-Value Properties

KAILUA-KONA, HAWAII—Christie's International Real Estate, the world's leading luxury real estate network and a subsidiary of Christie’s auction house, has awarded Affiliate status to Island Resort Property, LLC.

A noted luxury marketplace leader in Hawaii, Island Resort Property was established by brokers Edward J. Rapoza, Brandon C. Wood and Frank Schenk, who combined their diverse business backgrounds with mutual community-focused passions to offer clients comprehensive and personalized service, innovative proprietary programs, and the highest standards of trust, integrity and expertise. Island Resort Property will represent the Christie's brand in Kailua-Kona and through the Kohala Coast.

Wholly owned by Christie's, the world's leading art business, Christie's International Real Estate is represented in 46 countries. Island Resort Property joins this carefully selected organization of brokerages with proven records of success in both high-end property sales and exemplary client service.

”Island Resort Property is recognized as a notable luxury real estate leader in Hawaii,” said Zackary Wright, Senior Vice President, Western Regional Manager of Christie’s International Real Estate. “The company’s industry expertise and veracity, coupled with its high standards of quality and outstanding client service, complements Christie’s International Real Estate’s values. It is with great pleasure that I welcome Island Resort Property to our network of exclusive Affiliates.”

“We believe some of the best real estate in the world exists right here in Hawaii,” added Edward J. Rapoza, Principal Broker of Island Resort Property. “And we are proud to present to clients our alignment with this prestigious and powerful, international luxury real estate organization.”

Island Resort Property’s exclusive territory includes an array of premier residential resort communities on the island of Hawaii, offering some of the finest experiences in natural amenities, golf, tennis, spas, and dining. The established communities boast first-rate services and an unparalleled sense of community.

For additional information about Christie’s International Real Estate, please contact Michael Sherman at +1 212 974 4585, or visit www.christiesrealestate.com. For further information on Island Resort Property, LLC and its listings, call +1 808 329 7170 or visit www.IslandResortProperty.com.

Spanish Estate, Offered at Us $53 Million, Features 180-Degree Vistas of Los Angeles Basin

Hacienda de la Paz is the only home in the Americas to have been designed by famous Spanish architect Manzano

LOS ANGELES, CA Hacienda de la Paz, an eight-acre, amenity-rich residence in Greater Los Angeles’ Rolling Hills enclave, is now being exclusively marketed by Christie’s International Real Estate, the world’s leading luxury real estate network.  Offered at US$53 million by Christie’s International Real Estate affiliate Hilton & Hyland, the property, influenced by Spanish architecture and design, is perched atop the crest of Southern California’s Palos Verdes Peninsula and features unparalleled, panoramic views of the Los Angeles Basin, San Gabriel Mountains and Santa Monica Bay.

Entry through the estate’s gated front courtyard reveals its hidden grandeur.  The interior measures nearly 50,000 square feet under roof, complemented by sprawling grounds. The construction of Hacienda de la Paz—completed in 2008—included the installation of materials imported from Spain, Portugal and Italy. And as a testament to the exacting standards of its owner, the very workers and craftsmen who painted the murals and frescoes, inlaid the tile work and installed elaborate ceilings, fireplaces, floors, and carpets, were also brought from the European countries to guarantee authentic efforts. Additionally involved in the home's development was Raphael Manzano Martos, a renowned curator for King Juan Carlos of Spain. Adding to its unmistakable draw, Hacienda de la Paz is the only home in the Americas to have been designed by Manzano, who is noted throughout Spain and the Middle East for his hotels, commercial buildings and homes.

The property is shrouded in Mediterranean herbs as well as the traditional trees and flowers of Moorish gardens, reminiscent of an early 1900’s Andalusia country estate. In traditional Spanish style, the main house is flanked by attached “stables” -- reconfigured as guest quarters.  Amenities include a private chapel, custom-forged door and window fixtures, and tile roofing created by the same artisans who have restored the roofs of the California missions. Much of the home’s flooring is comprised of rare, reclaimed heart-pine wood – nearly 300 years in age. The nine-bedroom main residence is also notable for its stately library/office, media room, traditional kitchen, game room and bar. Other iconic, Spanish-inspired amenities include a full-size, 10,000-sqaure-foot Moroccan-style Turkish bath, or hammam, with a cobalt-blue lap pool at its center, accented with 24-karat gold tiles, fountains and imported columns and corbels.

“One of the largest residences in the Western United States, Hacienda de la Paz is remarkable not only in its grandeur but also in its privacy and relative seclusion in the heart of greater Los Angeles,“ said Zackary Wright, Senior Vice President of Christie’s International Real  Estate.  “Imagine being able to look directly out over the city of Los Angeles yet be comfortably removed from the flurry of activity.”

“Never in my career in the Los Angeles luxury real estate market have I seen a property quite like Hacienda de la Paz,” said Marcie Hartley, the listing agent with Christie’s International Real Estate’s exclusive affiliate, Hilton & Highland.  “This amazing, meticulously designed residence is surely L.A.’s best-kept secret.”

In addition to a red-clay tennis court on the grounds -- built to French Open specifications, --Hacienda de la Paz has orchards, a wine cellar, two elevators and 24-hour security. All buildings on the property have been structurally engineered to counteract seismic activity, and the walls are braced with steel beams. As a breathtaking finishing touch, Hacienda de la Paz also has a subterranean ballroom that doubles as a USTA regulation tennis court and emergency shelter. Five stories high and capable of seating 350 guests, the vast room has been decorated with floor-to-ceiling trompe l’oeil murals.

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