Slated for completion next month, this $11 million estate in the “Beverly Hills of the South” is impeccably designed with an attention to detailed craftsmanship and an eye on luxurious convenience. The 7-bed/11-bath home has three stories and every imaginable combination of modern living, including a computerized lighting, audio and security and a geothermal system to tame the climate and warm the infinity-edge pool. The outdoor kitchen is outfitted with Viking appliances, there’s an au pair (fancy talk for nanny!) suite with its own separate entrance, and the master suite has it’s own sitting room with a fireplace, even the garage has custom mahogany doors and a slate floor. As you can tell by the pictures, the home’s still under construction, but new pics will keep you updated on the progress. [via realtor]

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It’s an illustrative word, but most realtors unfortunately shy away from describing property as a “compound” in their listings. But if one had to hole up in seclusion, this $17.9 million Palm Beach estate has everything for a luxury escape. The recently remodeled 12,700 square-foot mansion was originally designed by famed architect Maurice Fatio in1940. Finished in polished oak and French marble, the 7-bed/10.5-bath Colonial home has gala-sized rooms and patios, chef-designed kitchen, a guest cottage and private boat dock. [via realtor]

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This $12 million mansion is real estate proof of that tired Texas adage concerning the state’s penchant for all things enormous. The 11,100 square-foot, 6-bed/9-bath home was built in 1970 on almost a half acre of waterfront property on Lake Austin. Inside, granite and marble countertops line kitchens and bathrooms and floors are clad in wood and stone. The master bedroom has cedar-lined walk in closets and four fireplaces are scattered about the rest of the house, which has a game room and a cozy bar and wine cellar. Outside, the estate has tons of landscaping, lake access via a private boat dock and a waterfall and swimming pool. [via realtor]

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New York real estate developer Andrew Heiberger has again trimmed the price of his East 63rd Street townhouse, hoping to offload the six-story luxury space for $13.75 million. Heiberger paid $8.15 million for the home in 2004 and listed it in February for $16.85 million and discounting it to $14.85 million in June. The six-bedroom home has seven wood-burning fireplaces with carefully restored antique mantels. Granite countertops run opposite hardwood floors and the home has an updated kitchen, home theater, wine cellar and a rooftop deck that looks out upon Midtown. [via luxist, cityfile]

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A sprawling, 15-acre ranch once owned by acting legend Steve McQueen and his third wife, Barbara Minty, is on the market for $1.95 million. The “King of Cool” and Ms. Minty moved into the Santa Paula, Calif, home in 1979 and married in the living room of the Victorian home in 1980. The estate has a three-acre Syrah vineyard and fruit tree orchard and three acres devoted horse care, training and riding and a 4,500 square-foot airplane hangar McQueen used to warehouse his Stearman biplane and car and motorcycle collection. Built in 1892, the home has period detailing and antique stained glass windows, but has been updated with commercial-grade kitchen fixtures and appliances. [via latimes]

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Just blocks from the ocean, this $5.7 million home has weathered Florida character and punches of bright color symbolic of Key West’s quirky unexpectedness. Built in 1944, the 6,888 square-foot home soaks in a swimming pool, wet bar and outdoor shower and steams with a built-in grill and a spacious, professional kitchen. The master suite sits atop the three-story home, a 19-foot by 17-foot room with walk-in closets and separate bathrooms. Downstairs, wood flooring and detailed trim lines each of the boldly painted room. [via realtor]

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Real estate in Hong Kong either proves that the global recession is coming to an end, or just how desperate some people are to have ultimate luxury. Word is that the world’s largest property developer by market value, Sun Hung Kai Properties, is raising the prices for two of their penthouses on the 91st and 93rd of a 70-meter (886-feet) tower in the city, by 50-percent. Forced by the increasing demand for luxury properties, the company is asking for a staggering HK$75,000 ($9,700) per square foot, adding to a total of $38.5 million each. The 4,000 square feet (372 square meters) luxury apartments are built on three floors, have six bedrooms, an outdoor garden and a swimming pool. We’ll let you find the justification for such a price … [via Luxuo]

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A monumental mountain estate for the equestrian-obsessed, potential buyers even considering the North Star Ranch should know they’d likely need a horse just to navigate the property. The $6.25 million Colorado ranch has roughly 265 acres filled with sandstone outcroppings, irrigated meadows mountain views and lush pastures fed by more than a mile of winding river. Four miles from La Veta, the property has a 4,000 square-foot Mediterranean-style main house with recently remodeled caretaker quarters and a cozy guest cabin. The estate’s focus, however, is on a professional 10-stall horse barn with an indoor arena [via luxist]

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Living next to President Obama has it’s perks, but the constant state of security finally proved too “tedious” for homeowners  Bill and Jacky Grimshaw, who recently started giving tours and accepting offers for their 6,000 square-foot Chicago home. The 17-room home at 5040 South Greenwood is situated in the Kenwood neighborhood, right next door to the first family’s Chicago home. The home was built in 1906 and was used to house officers stationed near Hyde Park in World War II, later becoming a boarding house for a small military school nearby. The Grimshaws bought the house in 1973 and in 2005, the newly elected Illinois senator and his family moved in to the house next door. The realtors are vetting potential buyers and will give tours of the house through October. [via luxo, pics via 5040greenwood]

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