The Best Part Of Catherine Zeta-Jones And Michael Douglas' $21.5M Condo
Actors Catherine Zeta-Jones and Michael Douglas own some pretty posh properties across the world. According to Architectural Digest, their holdings include a 250-acre estate in Mallorca, Spain; a home in Swansea, Wales (Zeta-Jones' hometown); an Irvington, New York mansion; and a recently listed $21.5 million condo in the opulent 1908 Kenilworth Co-Op building in New York City. While there isn't word on why the Hollywood couple would like to let go of the property, they raised their two children in the condo, and with their youngest daughter heading off to college it makes sense.
The French Second Empire-style building is notorious for its luxurious attributes. Per She Knows, the spectacular condo boasts plenty of room for a large family with four bedrooms and five and a half bathrooms, a wood-paneled library, and a chef's kitchen with all-white cabinets and marble countertops. However, the most stunning feature may not be a room at all. Read on to discover the most astonishing characteristic in Zeta-Jones and Douglas' $21.5 million penthouse condo.
The major wow factor of the apartment
We are used to seeing luxurious celebrity homes with unique features, from the cowboy bar in singer Kelly Clarkson's Tennessee mansion to rapper Drake's indoor basketball court in his Toronto estate. Michael Douglas and Catherine Zeta-Jones' phenomenal penthouse pad boasts the ultimate luxury features, from high ceilings to beautiful wood accents in an open floor plan, per Hola! magazine. However, the most stunning part happens to be the sweeping views of Central Park, including from the living room, formal dining space, and a bedroom.
It turns out, New Yorkers care about views when considering purchasing real estate. "Water views tend to command the highest premium everywhere else. I like to quip, Manhattanites are inward-looking, because we place a premium on a Central Park view versus a river view," said Jonathan Miller, president of real estate appraisal firm Miller Samuel Inc. to The New York Times. Per the outlet, New York City residents pay around 10% to 25% more for an apartment with a view, and who can blame them!? "Some New Yorkers are willing to sacrifice good views for square footage. But with these kind of views, you're bringing the outdoors in and creating the illusion of more space," said property owner Jerry Bovino.
In addition to the asking price of $21.5 million, interested buyers must pay a 2.5% flip tax and monthly HOA fees of $20,840, per Sotheby's Realty. Just remember those views of Central Park when you're signing the contract!