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Entelechy II, Iconic Modernist Home and Personal Residence of Famed Architect John Portman, Hits the Market

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Sotheby's International Realty announces the exclusive listing of Entelechy II, the former personal residence of renowned architect John Portman, for US$40 million. Located in Sea Island, Georgia, this 12,500-square-foot modernist masterpiece was built in 1986 and served as Portman's home for 31 years. The beachfront estate features innovative design elements including pavilions, gallery spaces, water elements, and a suspended walkway bridge. The property, spanning over two acres, is being listed for the first time publicly through Atlanta Fine Homes Sotheby's International Realty and DeLoach Sotheby's International Realty.

Sotheby's International Realty annuncia l'elenco esclusivo di Entelechy II, l'ex residenza personale del rinomato architetto John Portman, per 40 milioni di dollari. Situata a Sea Island, Georgia, questa opera moderna di 12.500 piedi quadrati è stata costruita nel 1986 ed è stata la casa di Portman per 31 anni. La proprietà sulla spiaggia presenta elementi di design innovativi, tra cui padiglioni, spazi espositivi, elementi d'acqua e un ponte pedonale sospeso. L'immobile, che si estende per oltre due acri, viene messo in vendita per la prima volta pubblicamente attraverso Atlanta Fine Homes Sotheby's International Realty e DeLoach Sotheby's International Realty.

Sotheby's International Realty anuncia la lista exclusiva de Entelechy II, la antigua residencia personal del renombrado arquitecto John Portman, por 40 millones de dólares. Ubicada en Sea Island, Georgia, esta obra maestra modernista de 12,500 pies cuadrados fue construida en 1986 y sirvió como hogar de Portman durante 31 años. La propiedad frente al mar cuenta con elementos de diseño innovadores, incluidos pabellones, espacios de galería, elementos de agua y un puente peatonal suspendido. La propiedad, que se extiende por más de dos acres, se oferta por primera vez públicamente a través de Atlanta Fine Homes Sotheby's International Realty y DeLoach Sotheby's International Realty.

소더비 인터내셔널 리얼티는 저명한 건축가 존 포트만의 이전 개인 거주지인 엔텔레키 II의 독점 매물을 4천만 달러에 발표했습니다. 조지아 주 씨아 아일랜드에 위치한 이 12,500 평방피트의 현대적 걸작은 1986년에 지어졌으며 31년 동안 포트만의 집으로 사용되었습니다. 이 해변가 부동산은 파빌리온, 갤러리 공간, 수역 요소, 그리고 현수교 같은 혁신적인 디자인 요소를 갖추고 있습니다. 이 두 에이커가 넘는 부동산은 애틀랜타 파인 홈스 소더비 인터내셔널 리얼티 및 드로치 소더비 인터내셔널 리얼티를 통해 최초로 공개 판매됩니다.

Sotheby's International Realty annonce l'inscription exclusive de Entelechy II, l'ancienne résidence personnelle de l'architecte renommé John Portman, pour 40 millions de dollars US. Située à Sea Island, en Géorgie, cette œuvre moderne de 12 500 pieds carrés a été construite en 1986 et a servi de maison à Portman pendant 31 ans. La propriété en bord de mer comprend des éléments de design innovants, y compris des pavillons, des espaces d'exposition, des éléments aquatiques et un pont suspendu. La propriété, qui s'étend sur plus de deux acres, est proposée pour la première fois publiquement par l'intermédiaire d'Atlanta Fine Homes Sotheby's International Realty et DeLoach Sotheby's International Realty.

Sotheby's International Realty kündigt die exklusive Verkaufslistung von Entelechy II an, dem ehemaligen persönlichen Wohnsitz des renommierten Architekten John Portman, für 40 Millionen US-Dollar. Das 12.500 Quadratfuß große modernistische Meisterwerk befindet sich in Sea Island, Georgia und wurde 1986 erbaut. Es diente 31 Jahre lang als Wohnsitz von Portman. Das Strandanwesen zeichnet sich durch innovative Designelemente wie Pavillons, Galerieräume, Wasserelemente und eine hängende Fußgängerbrücke aus. Das über zwei Acres große Grundstück wird zum ersten Mal öffentlich über Atlanta Fine Homes Sotheby's International Realty und DeLoach Sotheby's International Realty angeboten.

Positive
  • Premium property listing at US$40 million adds to HOUS's luxury portfolio
  • Exclusive listing rights secured for a historically significant property
  • Strategic expansion in the high-end real estate market segment
Negative
  • None.

Insights

This $40 million listing represents a significant opportunity for Sotheby's International Realty (HOUS) to demonstrate its high-end market capabilities and potentially boost revenue through luxury property sales. The unique architectural pedigree and historical significance of Entelechy II position it in an ultra-luxury segment where successful transactions can materially impact quarterly earnings.

The property's location in Sea Island, Georgia, a prestigious private community and its rare 12,500-square-foot size with over two acres of beachfront land substantiate the premium pricing. The timing of this listing is strategic, as the ultra-luxury real estate market has shown resilience despite broader market challenges. This high-profile listing could enhance HOUS's market position and attract similar prestigious properties to their portfolio, potentially driving future revenue growth.

Sotheby's International Realty Upholds Tradition of Representing Architectural Masterpieces

NEW YORK, Nov. 15, 2024 /PRNewswire/ -- Sotheby's International Realty today announced that its affiliates, Atlanta Fine Homes Sotheby's International Realty and DeLoach Sotheby's International Realty in Georgia, will exclusively launch Entelechy II, an architectural masterpiece designed by renowned American architect and real estate developer John Portman.

The extraordinary beachfront estate built on Sea Island, Georgia in 1986 served as Portman's personal home for 31 years and showcases his modernist design and visionary approach. Captivating architectural enthusiasts since its celebrated feature in Architectural Digest in 1987, the home is now being offered for sale publicly for the first time for US$40 million. Listed by Chase Mizell of Atlanta Fine Homes Sotheby's International Realty, who shares the listing with colleagues Susan Imhoff and Ann Harrell of DeLoach Sotheby's International Realty.

"Entelechy II is a triumph of architectural vision – a modernist masterpiece that served as the personal retreat of the legendary John Portman and his family," said Philip White, president and CEO, Sotheby's International Realty. "Portman built this extraordinary 12,500-square-foot property in an exceptional coastal location, where he could fully bring his innovative design approach to life. The residence embodies his iconic work throughout Georgia and the world, and it is a true privilege for our brand to represent the Portman family and this extraordinary estate."

According to Paul Goldberger, famed American author and architectural critic, "Portman was one of the few architects in modern times who seemed to take as much delight in playfulness as in geometric form and structural rigor." The term "entelechy" refers to the realization of one's potential and with Entelechy II, Portman incorporates the design philosophy from his previous works and his gift for making every day spaces feel like an experience. According to Goldberger, Portman's beach residence "was designed for modern life, and its energy and amiability were conceived to show that modern architecture could be not only luxurious and grand—it could also be high-spirited, playful, and full of surprise." The residence is a blend of glass, white stucco, and natural light, and features a collection of pavilions, gallery-like spaces, water elements, sculptural works, vine-draped edges, and a grid-like roof supported by colossal columns on the property. Highlights also include a dramatic courtyard, reflecting pools, a suspended walkway bridge linking the eastern and western pavilions, library, glass-enclosed formal dining room, and ocean views.

"Representing this residence is both an honor and an exhilarating endeavor," said Mizell. "John Portman's architectural vision unfolds here in a way that is nothing short of transformative. It's a rare privilege to bring to market a home that is so profoundly connected to its setting, and being able to share this property with buyers who will appreciate such artistry is truly rewarding."

"Portman once said, 'architecture should be a symphony,'" Harrell added. "Entelechy II is John Portman's embodiment of his grand oceanfront symphony. It is an honor to represent this marvelous Portman property, which spans more than two acres—a rarity for Sea Island."

Entelechy II is located in Sea Island, a unique, privately owned community that is part of the Golden Isles of Georgia. Since 1928, the area has been celebrated as a premier destination that has welcomed presidents, royalty, and visitors. It is renowned for its luxury resorts, pristine beaches, championship golf courses, and rich traditions of Southern hospitality.

"The private coastal retreat of Sea Island is both a vacation home destination and home to many multigenerational families, one of the many characteristics Portman found appealing. Entelechy II is best described as an island on an island, wrapped in nature and visible only from the sea," said Imhoff. 

Atlanta Fine Homes Sotheby's International Realty and DeLoach Sotheby's International Realty are part of the Sotheby's International Realty network, which spans more than 80 countries and territories around the world. The property will also benefit from the Sotheby's International Realty brand's exclusive global media partnerships and marketing efforts.

For more information about Entelechy II, visit https://www.sothebysrealty.com/eng/sales/detail/180-l-1486-h8mnr3/113-e-26th-street-sea-island-cottages-and-homesites-sea-island-ga-31561

Sotheby's International Realty

Sotheby's International Realty was founded in 1976 as a real estate service for discerning clients of Sotheby's auction house. Today, the company's global footprint spans more than 1,100 offices located in 83 countries and territories worldwide, including 48 company-owned brokerage offices in key metropolitan and resort markets. In February 2004, Anywhere Real Estate Inc. entered a long-term strategic alliance with Sotheby's, the operator of the auction house. The agreement provided for the licensing of the Sotheby's International Realty name and the development of a franchise system. The franchise system is comprised of an affiliate network, where each office is independently owned and operated. Sotheby's International Realty supports its affiliates and agents with a host of operational, marketing, recruiting, educational and business development resources. Affiliates and agents also benefit from an association with the venerable Sotheby's auction house, established in 1744. For more information, visit www.sothebysrealty.com.

The affiliate network is operated by Sotheby's International Realty Affiliates LLC, and the company owned brokerages are operated by Sotheby's International Realty, Inc. Both entities are subsidiaries of Anywhere Real Estate Inc. (NYSE: HOUS) a global leader in real estate franchising and provider of real estate brokerage, relocation and settlement services. Both Sotheby's International Realty Affiliates LLC and Sotheby's International Realty, Inc. fully support the principles of the Fair Housing Act and the Equal Opportunity Act.

Sotheby's International Realty
650 Madison Avenue
New York, NY 10022

CONTACT: Melissa Couch, melissa.couch@sothebys.realty

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SOURCE Sotheby's International Realty

FAQ

What is the listing price of Entelechy II, John Portman's former residence being sold through Sotheby's International Realty?

Entelechy II is being listed for US$40 million through Sotheby's International Realty affiliates.

How large is the Entelechy II estate in Sea Island, Georgia?

The estate spans over two acres and features a 12,500-square-foot residence.

When was Entelechy II built and how long did John Portman live there?

Entelechy II was built in 1986 and served as John Portman's personal residence for 31 years.

Which Sotheby's International Realty affiliates are handling the Entelechy II listing?

Atlanta Fine Homes Sotheby's International Realty and DeLoach Sotheby's International Realty in Georgia are jointly handling the exclusive listing.

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