Quite rare for a $20m home to hit the market

News
THE BERMUDA SUN
may 1, 2013
n
5
Using celebrity power to sell property
Fox newsman flies in from the US to help stir interest in stunning $20m Paget home
By Don Burgess
[email protected]
A
TV personality in
a $20 million home
on a paradise island — it’s a real
estate marketer’s dream.
Bermuda Commercial
Bank and Rego Sotheby’s
International Realty hosted
a special event on Friday
evening featuring Jonathan Hunt, New York-based
chief correspondent for
Fox News Channel’s FOX
Report.
But the real star of the
show was Agapanthus, a
spectacular home in Paget
that’s up for sale — for a
mere $19.5 million.
A crowd of around 50
people heard Mr Hunt
recount his tales of covering news all over the globe,
from the wars in Iraq and
Afghanistan to the Haiti
earthquake to the Royal
Wedding.
Bermuda Commercial
Bank (BCB) and Rego
Sotheby’s International
Realty have been hosting
similar events for the past
three years.
Asked about the synergy
between the two firms,
Buddy Rego, owner of Rego
Sotheby’s, said BCB services high net worth individuals with extraordinary
personal service — “as we
do. That’s what separates
us from others because
we’re working with people
in a fashion that hasn’t
been done before.”
Mr Rego said the event is
very relaxed so there is no
high-pressure sales presentation.
Horst Finkbeiner, director and COO of BCB, said
the idea was to combine
interesting speakers with
luxury homes.
He said after the two
firms discussed the idea
they thought “it could be
a great way to show our
clients some appreciation.
It also provides them with a
n Photo by don burgess
Star power: Fox News chief correspondent Jonathan
Hunt, with his wife Chelsea at Friday’s event.
n Photo by don burgess
Front entrance: The main house has 11,665 square feet of floor space.
‘Who doesn’t
like going to
people’s houses
and listening to
interesting people?’
Buddy Rego
Sotheby’s Int. Realty
nice evening”.
Mr Rego added: “It’s
value-added to the friends
and clients of BCB and us.”
He said it has proved to
be a successful formula:
“Who doesn’t like going to
people’s houses and listening to interesting people?”
One of the speakers at a
previous event was Johnathan Vaughters, manager
of the French cycling team,
who cycled against Lance
Armstrong.
Mr Finkbeiner said
the key was “bringing in
people with fascinating
stories to tell”.
He said BCB clients
“appreciate it. This is something that is interesting
and fun. We’re not trying
to be anything more than
that.”
But did the house sell?
Not yet, but we’ll try to
keep you posted. n
n Photo courtesy of rego realty
sea for miles: The pool provides magnificent views of the ocean.
Quite rare for a $20m
home to hit the market
By Don Burgess
[email protected]
n Photo courtesy of Rego Realty
Welcome: The impressive entrance hall way of Agapanthus
So what’s all the fuss about? Well, Agapanthus
is one of Bermuda’s most luxurious properties
and it’s not every day such a swanky place goes
up for sale.
On Friday evening, Agapanthus, located on
Inglewood Lane in Paget, was the venue for a
gathering of clients from Bermuda Commercial
Bank (see story above).
The property is available from Rego Sotheby’s
International Realty for $19.5 million.
Buddy Rego, owner of Rego’s, said what
makes the property special is that it is extremely private, is located on the waterfront and very
spacious.
“There are very few houses in Bermuda that
have the accommodations this one has. It is a
very professionally, well-run property. There
are not very many houses like this in Bermuda.”
So what does that $19.5 million buy you?
Agapanthus sits on 4.2 acres with access to the
water and views of the ocean.
The main house boasts 11,665 square feet of
floor space and includes four bedroom suites,
five full bathrooms, four powder rooms.
It has an informal living room that doubles as
a movie room with a wet bar.
Four bedroom suites, five full
bathrooms, four powder rooms.
The library has a fireplace and there is a
conservatory that can be used for family meals
or more intimate eating occasions, as well as a
large dining room.
There is a two-bedroom staff apartment in the
main house that has its own bathroom.
There is a pool, of course, and other outdoor
facilities include a tennis court and a putting
green. For those who like to work out, there is a
577-square-foot gym.
A two-bedroom guest cottage adds another
973 square feet of living space to the property. It
comes with its own kitchenette and laundry.
In addition, there is a 290-square-foot beachhouse that has a kitchenette.
And if that wasn’t enough for those who enjoy
lots of space, the property boats 2,000 square feet
of porches and verandahs. n
Interested? Call Rego Sotheby’s International
Realty on 292-3921.