Brown Harris Stevens Assists in Sale of 300 El Brillo Way for $9.5M

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1296860440Broker-associate Pamela B. Slotkin of Brown Harris Stevens Residential Sales, LLC in Palm Beach recently assisted in the significant sale of 300 El Brillo Way. Darrell Hofheinz at Palm Beach Daily News writes:

"Aileen M. and Scott C. Newquist have sold their 1935 Maurice Fatio-designed red-brick estate at 300 El Brillo Way for $9.5 million, according to a deed recorded Tuesday by the Palm Beach County Clerk’s office.

With a little more than 13,000 square feet of living space inside and out, the home had last been listed at $11.5 million by agent Betsey Hall of Fite Shavell & Associates, who represented the Newquists in the Jan. 28 sale. Broker-associate Pamela B. Slotkin of Brown Harris Stevens in Palm Beach acted on behalf of the buyer, which is listed on the deed as a trust administered by City National Bank of Florida.

Hall had the listing for more than a year but said that interest in the home from potential buyers had picked up recently — a nod at Palm Beach’s strengthening real estate market.

“I think we’re seeing a lot of activity in the market from buyers. The number of showings (of the house) certainly increased over the past few months,” said Hall. “I think buyers are finding what they’re looking for.”

Hall and Slotkin said they had signed confidentiality agreements that prohibited them from naming the buyer or releasing specific details of the transaction. Aileen Newquist said Tuesday that she did not have a comment about the sale.

Fatio designed the Monterey-style home — with some of its interior elements in the Art Deco style — for Edith Taylor and Robert D. Huntington, the brother of Helen Dinsmore Huntington, according to Palm Beach’s landmark designation survey for the house. Helen Dinsmore Huntington was the first Mrs. Vincent Astor.

The home has six bedrooms, nine bathrooms and two half-baths. With its two wings meeting in an L, the house stands on a corner lot measuring more than an acre, a couple of blocks south of the Everglades Club golf course.

A gravel driveway connects El Brillo Way with Travers Way and wraps around a garage that stands on the southeast corner of the lot, creating the effect of a front courtyard."

To read the full article by Darrell Hofheinz, click here: http://www.palmbeachdailynews.com/news/newquists-sell-300-el-brillo-way-for-9-1231706.html

For more information on Brown Harris Stevens Residential Sales, LLC, visit their website at http://www.bhsusa.com/