Factors of Luxury Home Sales

Luxury Home Sales CarmelLike most things in life, the definition of “luxury” is subject to interpretation, as that old saying is true that “one man’s simple home is another man’s castle” and the reverse can be true as well.

Generally in real estate, luxury homes are defined by a number of factors, including price, opulence, square footage, lot size, appointments and even architectural significance. All of these terms can come down to the single descriptor of “presence.”

In recent years, Carmel was named by CNN/Money as the number one town to live in the USA, and those of us who live here understand that well. A beautiful downtown, a short commute to Indianapolis, great schools, green spaces and safe, attractive neighborhoods that range from modest to mega-luxury all contribute to our city’s livability factors.

If you’re contemplating a move to Carmel or the surrounding areas from one of the nation’s major urban areas, you’re going to be pleasantly surprised to find out that “luxury” is going to cost you a lot less in Hamilton county than in other cities. Luxury home sales here are noticeably different than other parts of the country; a multimillion dollar home with luxury appointments, on the east or west coast may well cost less than mid-six figures here.

While luxury homes and estates can be found throughout the central Indiana area, there are neighborhoods that are known to have an abundance of them, and some of the areas you might want to consider when seeking your personal palace include:

Bridgewater Club Homes. A planned development full of amenities that will convince you that your luxury home is within a resort. With a Pete Dye Championship 18 hole golf course, 70,000 square foot clubhouse, and boutique shops and eateries at the Marketplace on site, you’ll find you have little reason to leave, but if you want to, you’re only minutes from downtown Indianapolis. Luxury homes at Bridgewater come in all styles and configurations, with many having 5 and 6 bedrooms, up to 12,000 square feet on multiple acre sites. While prices range up to $4 million dollars, a number of luxury homes over 4,000 sf are available in the $600,000 range.

A ‘town within a town’ is how we describe the Village of West Clay. The first totally planned community in Indiana, the Village of West Clay is not so much a neighborhood, but a lifestyle choice, encompassing a town center with shops, restaurants and services, pools, lakes, bike paths, green space and historically inspired architecture.  West Clay homes, many with 5-6 bedrooms and up to 8,000 square feet with all of the luxury amenities you expect from gourmet kitchens to media rooms, range in price from $500,000 to $1.5 million and up.

These are just a couple of the areas you will find luxury home sales in Carmel and the surrounding areas. As the leader in luxury home sale, the Epps Elson team is ready to help you find your dream home.

Here are a few luxury homes you might be interested in:

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