Loramoor Sells

There’s a thing about a quiet sale at Lake Geneva, and that is that it’s not really all that quiet. I can try to keep things quiet, for the protection of the buyer and the seller, but when rumors flow and words leak, well, then there’s not much left to protect. By now you’ve likely seen the publicized results of my most recent off market closing, so there’s nothing new to report today accept to acknowledge what we already know: I closed a terrific lakefront home in Loramoor a couple of weeks ago for $14M. The sale was on behalf of a terrifically loyal client of mine, to another terrifically loyal client of mine. The result was an off market transaction wherein both buyer and seller found what they were looking for, and I was content to carefully place together these pieces.

For some market context to consider, let’s look for the last comp of a newly built luxury home, on a 117′ level lakefront parcel, with elevated finishes, large square footage (9000+), and a lakeside swimming pool. I’m looking. You’re looking. Everyone is looking. But the key here is that such a recent comp doesn’t exist. That’s why Loramoor closed for the price it did, and this sale offers proof of upper bracket market strength that, in the Midwest, belongs to Lake Geneva and Lake Geneva only. All hail the king. The market will now either build on this sale or fill in support around it. Knowing what I know of the market, and having insight into off-market transactions that most don’t possess, I know we’re about to build on this sale. And as always, I’m both proud and humbled to be the agent at the center of these deals, delivering unique properties to discerning buyers and sellers who have chosen their representation wisely. And imagine, all of this activity and not a single office in another state, or town…It’s almost like consumers want to work with the top agents in individual markets.