RECENTLY SOLD
- 1/3 3
closed
$279,999
$279,999
5 Beds3 Baths2,577 SqFt2083 Brechin Road, Spartanburg, SC 29303
Single Family Home
Listed by Lennar Carolinas LLC
- 1/2 2
closed
$494,990
3.9%$475,880
3 Beds3 Baths2,032 SqFt14 Hensley Road, Greenville, SC 29607
Townhouse
Listed by BHHS C Dan Joyner - Midtown
- 1/25 25
closed
$150,000
$150,000
3 Beds2 Baths896 SqFt360 Hickory Nut Drive, Inman, SC 29349-7469
Mobile Home
Listed by 1st Class Real Estate - Focal
BLOGS
Los Angeles Wildfires To Shatter Disaster Records With Up to $45 Billion in Insured Losses
Los Angeles Wildfires To Shatter Disaster Records With Up to $45 Billion in Insured Losses
Robert Gauthier/Los Angeles Times via Getty ImagesThe devastating fires in Los Angeles are on track to shatter prior records for total losses, according to a new analysis from CoreLogic.Estimated insured losses from the Palisades and Eaton fires in Los Angeles currently range from $35 billion to $45 billion, said Tom Larson, senior director of insurance solutions at CoreLogic, at a virtual briefing event on Thursday.That would make the recent fires by far the largest wildfire insurance industry loss event in history, exceeding the $11.5 billion in insured losses in the 2018 Camp Fire in Northern California.Damaged (orange, yellow, green) and destroyed (red) homes from the Eaton fire.City of Pasadena, CA, County of Los Angeles, California State Parks, Esri, TomTom, Garmin, SafeGraph, GeoTechnologies, Inc, METI/NASA, USGS, Bureau of Land Management, EPA, NPS, USDA, USFWSDamaged (orange, yellow, green) and destroyed (red) homes from the Palisades fire.City of Pasadena, CA, County of Los Angeles, California State Parks, Esri, TomTom, Garmin, SafeGraph, GeoTechnologies, Inc, METI/NASA, USGS, Bureau of Land Management, EPA, NPS, USDA, USFWSThe CoreLogic estimate covers both residential and commercial properties, although the vast majority of claims are expected to be for damaged homes. The total loss estimate includes coverage for homes and their contents, other permanent structures, additional living expenses, and business interruption.CoreLogic, which uses satellite imagery, ground survey teams, and public data to generate loss estimates, projects that nearly 20,000 structures worth a cumulative $50 billion will be impacted in some way by the fires, ranging from minor smoke damage to utter destruction.Of the impacted structures, the real estate analytics firm projects more than 12,500, worth a cumulative $30 billion, will show significant damage.However, Larson noted that while firefighters have made significant gains in containing the fires, the battle to protect lives and property still continues, making any loss projections preliminary.It’s also unclear how many of the impacted homes were uninsured, or insured for fire damage only through California’s bare-bones insurer of last resort, the state-operated FAIR plan.“There are a lot of uncertainties in this loss estimate,” said Larson. “We’ve done our best forecast looking at the past, but again, there’s some uncertainty.”Extreme weather conditions fueled infernosThomas Jeffrey, CoreLogic’s chief wildfire scientist, explained that an unprecedented set of extreme weather conditions converged to fuel the Palisades and Eaton wildfires, as well as a series of other nearby fires that were contained before causing major damage or loss of life.After two years of heavy rains, Southern California experienced a severe drought in the latter half of 2024. Since July, downtown Los Angeles has recorded only a fifth of an inch of rain, its second-driest period in almost 150 years of record-keeping.Last year was also the hottest summer in the city in 130 years. The unusually hot, dry conditions continued into early January, when they combined with powerful Santa Ana winds, which gusted up to 100 mph as the wildfires raced down from the hills above Pacific Palisades and Altadena, the two areas most heavily impacted.“We’ve never met all four of those factors (sustained high winds, low humidity, drought conditions, high temperatures) in the United States in January. This is the first time that we’ve ever seen that,” said Jeffrey.“When you have hurricane-force winds, you will have large embers. Large embers are a problem because they start fires much easier, as they drop out and fall into areas that start burning again with a new fire that has to be addressed,” he added.CoreLogic exec shares his own harrowing brush with firesDuring the briefing, Garret Gray, president of CoreLogic Insurance Solutions, shared his own experience of evacuating his home during the Palisades fire.“My story is a little—it’s something that shakes me every time I tell it,” said Gray.Gray was working at his office in L.A. when he received frantic text messages from his children’s school warning that they had to be picked up due to an evacuation order.Photos show the Palisades fire as CoreLogic executive Garret Gray raced to pick up his children from their school, which was ultimately destroyed in the blaze.CoreLogic“I had somebody who was a little closer than I was go down to try to grab my kids from school, and when they got there, it was filled with smoke. The campus was on fire. The kids had already been moved multiple times into safer locations as the fire progressed onto campus. As I got closer, the gridlock and the panic got a bit stronger,” he recalled.Unable to proceed by car due to the traffic gridlock, Gray parked and ran toward the school on foot, with homes destroyed by fire lining both sides of the street.“A very scary situation. Lots of panicked people who were trying to get out. People were honking frantically. And as you know, a lot of people ended up abandoning their cars and running,” he said.Fortunately, he was able to reunite safely with his kids and evacuate the area. And although his home was near the source of the fire and received heavy smoke damage, it was spared from major structural damage.Using insights from his professional life, Gray cleared out a significant amount of vegetation surrounding the home, including cutting down several trees, after purchasing it in 2021.“It’s very clear to me that if that tree was still existing, it would most likely have ignited. And then, it’s so close to the house that the house would probably have not been able to survive that,” he said. “So mitigation efforts work.”Realtor.com is partnering with the REALTORS® Relief Foundation to raise funds to support victims of the January 2025 Southern California wildfires. The foundation provides urgent housing-related assistance to homeowners affected by disasters.
MOREAmerica’s ‘Most Expensive New Construction Home’ Hits the Market in Florida for a Staggering $285 Million
America’s ‘Most Expensive New Construction Home’ Hits the Market in Florida for a Staggering $285 Million
Gladstone Media Inc.The Florida real estate market, already a hot ticket and getting ever steamier, is set to hit a new high courtesy of a remarkable new listing.Behold America’s “most expensive new construction home” that’s landed on the market in Manalapan for a massive $285 million.A company controlled by the former Manalapan mayor and developer Stewart Satter is reported to have purchased the property in March 2024 for $27.5 million, according to the Palm Beach Daily News, and it’s looking for quite a return on its investment.At the time of his purchase, the 4-acre, ocean-to-lake estate included a 1989-era mansion, which Satter intended to raze in order to redevelop the property into what appears to be an over-the-top behemoth with an equally staggering price tag.The property comes with bragging rights: It’s located next door to Oracle co-founder Larry Ellison‘s South Florida estate and sits near the sprawling $23.5 million mansion that Fox News star Sean Hannity recently purchased.Renderings depict what the finished product will look like.A rendering of the $285 million listing in Manalapan, FLGladstone Media Inc. A rendering of the 55,000-square-foot main houseGladstone Media Inc. A rendering of the property with deluxe amenities, with completion scheduled for 2026Gladstone Media Inc. Record-setting potentialWith an estimated completion date of 2026, the “record-setting property is the most expensive new construction single-family home brought to market in the country,” according to the listing.If sold for the asking price, the property would break the country’s home sale record, according to the Wall Street Journal.While plenty of pricey listings can be found in this neighborhood—including the Gordon Pointe estate in Naples for $295 million—this is the only new-construction property of its kind (and price).Home sales in this price range are rare. Hedge funder Kenneth Griffin paid $238 million for a Central Park South penthouse in 2019.Last year, a Malibu, CA, deal smashed the market for $210 million.But with the balance of power shifting to the Sunshine State and Donald Trump‘s “Southern White House” of Mar-a-Lago, the area has become attractive to megadeals. And the market certainly is bullish: Of late, Florida real estate consistently fills the Realtor.com® list of the most expensive properties each week.Ocean-to-lake estateAs for this pre-construction estate, the expansive lot stretches from the Atlantic Ocean to the Intracoastal Waterway, delivering “unrivaled views, privacy, and exclusivity,” according to a press statement.Designed to “set a new standard for luxury living,” this “architectural masterpiece” represents a rare opportunity to own a property of extraordinary scale and significance.“This estate is the culmination of vision, craftsmanship, and location, blending unmatched amenities with the tranquility of Manalapan’s coastal lifestyle,” Satter said in a statement.Spanning an expansive 54,570 square feet (roughly the size of the White House), the property includes a beach house, guesthouse, boathouse, and car “museum.”The ocean-to-lake estate is set on almost 4 acres.Gladstone Media Inc. A rendering of the car “museum”Gladstone Media Inc. A rendering of the bowling alleyGladstone Media Inc. Amenities include a bowling alley, wine cellar, “state-of-the-art” gym and spa, home theater, golf simulation room, padel court, and indoor shooting range.The landscaped grounds boast a 3,700-square-foot infinity pool area, waterfalls, and lagoons.The property comes with a private dock and more than 700 feet of combined Intracoastal Waterway and ocean frontage.Created by the firm Choeff Levy Fischman Architecture + Design, built by Robert W. Burrage of RWB Construction Management, and designed by Marc-Michaels Interior Design, the home is to be delivered fully furnished.The property is represented by Nick Malinosky of The Exclusive Group at Douglas Elliman.
MOREThese L.A. Homeowners Installed Private Fire Hydrants. Here’s How They Fared.
These L.A. Homeowners Installed Private Fire Hydrants. Here’s How They Fared.
Adam Amengual for WSJAs the fires ravaging Pacific Palisades expanded and started moving toward his home in the Malibu Hills last week, Brent Woodworth connected two 100-foot hoses to his personal fire hydrant and put one on each side of the driveway.When firefighters showed up, they used those hoses to save his home and the two next door, he says. The next day, when the hydrant’s water pressure dropped, he used a pump to take water from the swimming pool across the street so firefighters could continue hosing down the houses and fighting off embers.All three houses survived intact, in a neighborhood where approximately 80% of the homes burned, says Woodworth, chairman of the Los Angeles Emergency Preparedness Foundation. The hydrant and pool pumped “definitely helped,” he says.In December, The Wall Street Journal highlighted a growing trend of homeowners in wildfire-prone areas installing pricey personal fire hydrants. The logic was that having their own hydrant ready to go—along with hoses, nozzles and adapters, and even a private water source—could assist the city’s firefighters or trained homeowners, helping to reduce the number of homes destroyed.The historic wildfires in Los Angeles have left at least 25 people dead and wiped out thousands of homes and businesses. As worries persist about the fires spreading or new blazes erupting, Californians are searching for answers on how to protect their homes from destruction. Many got in touch with the Journal’s reporter, asking for updates on the personal hydrant owners.A number of the people the Journal wrote about live in Malibu and other areas west of Los Angeles, placing them at risk as strong Santa Ana winds continue to slow containment of the Palisades fire.Many have been making preparations but haven’t had to use their personal hydrants over the past week. Others have been in the path of the devastating fires, and hydrants haven’t been their only defense. They have also used rooftop sprinklers and pool pumps. Many implemented mitigation strategies recommended by experts, such as moving outdoor furniture and closing off gutters and vents. Some were helped by a neighborhood fire brigade.With his wife and 2-year-old son safely evacuated, Kevin B. Rosenbloom went through his preparations to defend his Malibu home, just as he had last month when the Franklin fire erupted. He put on his cotton flame-resistant clothing, fire boots, respirator, leather gloves and face mask. He turned on his diesel-powered generator, got the sprinklers on the roof ready, wet down the house’s exterior and hooked up two fire hoses to the personal hydrant he had installed in his front yard.With reports of fire hydrants in the Pacific Palisades running dry, he filled up all the bathtubs, sinks and rain barrels with water—an estimated 500 gallons. He put sandbags in front of his garage and made sure the keys were in his car if he needed to leave quickly. On Saturday, a group of community brigade members patrolling his neighborhood discovered and extinguished a small fire. His area is still under a red flag warning.“It’s mentally stressful. I’m sleeping with one eye open,” says Rosenbloom, a 44-year-old health-software business owner who has had some firefighting training.Michael Owens has been sleeping in an RV on the property at the five-bedroom, eight-bathroom, 10,500-square-foot house he built in Westlake Village, Calif., to help keep it safe in case the raging fires reach the area northwest of L.A. The house isn’t in an evacuation zone, but the winds concern him. “We have to stay diligent,” says Owens, a developer who owns Adroit Custom Homes.He is updating the marketing for the house, which is for sale for $14.995 million, to emphasize its private fire hydrant, fire-resistant building materials and 200 feet of clearance around the property.Developer Michael Owens and his dog, Handsome, are sleeping in an RV to help protect the home he built in Westlake Village, Calif. (Adam Amengual for WSJ)(Adam Amengual for WSJ)The property, listed for $14.995 million, has a private fire hydrant in the driveway. (Adam Amengual for WSJ)He says he has had one showing since the wildfires started—to people whose house burned.Dustin Khaleghi is also monitoring the 6,833-square-foot, six-bedroom house he built called Anacapa, located in the Trancas development in Malibu. It’s set to go on sale Feb. 1 for $25 million.Khaleghi, founder of DK Development, says his work crews have been to Anacapa everyday since the Palisades fire broke out and have turned on the diesel generator, which powers the pump for the private 7,500-gallon water tank that would be used to feed the hydrant. “All the tanks and hoses are ready to go,” he says.He expects the house will be more appealing to buyers now because of its preventive systems.Khaleghi is grateful his own home in Pacific Palisades didn’t burn; the homes of both his sisters and of many of his friends are gone. He now plans to put in his own diesel-powered generator, rooftop sprinklers and a pump that will work with his pool.Tensions have flared in Los Angeles over crews of private firefighters spotted battling blazes for well-heeled clients or, in more cases, protecting properties with specific coverage on behalf of insurance companies.But there is also another set of private citizens helping out, with the backing of the city.In Rosenbloom’s Malibu neighborhood of Corral Canyon, Matt Haines, who developed what he calls the Hainy Hydrant—a riser, pipe and gated valve—is part of a local community fire brigade that organized a 24/7 neighborhood patrol after the wildfires started to make sure that the hydrants were ready to go and that no new fires were starting anywhere. They kept the neighborhood’s some 500 residents updated using special walkie-talkie-like devices.On Saturday night, Haines was notified by a neighbor that a fire had started. Brigade members were able to get there and put it out within three minutes and keep the fire from spreading, he says.“It gives a sense of comfort to our community,” says Haines, who is a home builder and an on-call firefighter. Along with 40 Hainy Hydrants that have been installed, the brigade has also organized pumps at six home swimming pools in case the utility water feeding the hydrants runs out.Rosenbloom can hook up two 100-foot fire hoses to the hydrant he had installed. (Adam Amengual for WSJ)His gear includes cotton flame-resistant clothing, fire boots, a respirator, leather gloves and a face mask. (Adam Amengual for WSJ)Keegan Gibbs came up with the idea for a community brigade after his parents’ house in Point Dume, Calif., burned down in the Woolsey fire in 2018. Gibbs and Woodworth, the chairman of the Emergency Preparedness Foundation, co-founded the official program in 2023 after a five-year process of getting it approved by county officials. Community fire brigades are set up in seven areas in the Santa Monica Mountains: County Line, Malibu West, Point Dume, Corral Canyon, Big Rock, Topanga Canyon and Hidden Hills.During the current wildfires, the community brigades have been helping to catch embers and spot fires before they grow and going door-to-door to get people to evacuate, says Gibbs.Drew Smith, assistant fire chief for the L.A. County Fire Department, says the role of the brigades is to help with evacuations, communications and initial damage assessments; to put out small fires if they are able to handle it; and to educate people on how to make their homes more fireproof. They aren’t deployed to defend homes in advancing fire fronts, he says.Along with preparing his own house, Rosenbloom recently donned his fire protection gear and drove in his utility truck to check on the state of houses in Pacific Palisades and Topanga for friends. Only three of the 17 homes were still there, he says.“Letting people know their houses are gone, that’s been tough,” he says.On one street, firefighters couldn’t immediately reach a burning house because of downed power lines. The experience reinforced his commitment to be ready to defend his own house, he says.
MORE
- 1/48 48Active
$575,000
4 Beds3 Baths2,401 SqFt275 White Pine DR #80, Asheville, NC 28805
Single Family Home
Listed by Melissa Webb of Exit Realty Experts
- 1/31 31Active
$649,000
3 Beds2 Baths1,996 SqFt317 Kelly Springs RD, Waynesville, NC 28786
Single Family Home
Listed by Bill Sanders of Exit Realty Experts
- 1/6 6Coming Soon
$319,900
3 Beds1 Bath975 SqFt3512 Carlyle DR, Charlotte, NC 28208
Single Family Home
Listed by Logan Abrams of Realty One Group Revolution
- 1/2 2Coming Soon
$209,000
3 Beds1 Bath1,458 SqFt1217 Burke RD, Shelby, NC 28152
Single Family Home
Listed by Cindy Hogston of EXP Realty LLC
- Coming Soon
$745,000
4 Beds3 Baths2,838 SqFt12211 Bonny Oaks DR, Cornelius, NC 28031
Single Family Home
Listed by Mary Lovekamp of RE/MAX Executive
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Danielle did an amazing job assisting our family with the sale of our home. She was exceptionally knowledgeable in her role as a realtor. Although Danielle worked simultaneously on several properties, her prompt response and attention to getting our home sold made us feel that we were her only clients. She checked in regularly and gave great tips on what we should do as sellers. She was awesome to work with and always courteous, friendly and professional.
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