St. Louis Breaks into Ultra-Luxury Real Estate Scene with Record ,000,000 Home Sale; Jeff Lottmann of Compass Brought Buyer for the Record-Setting Transaction

St. Louis Breaks into Ultra-Luxury Real Estate Scene with Record $13,000,000 Home Sale; Jeff Lottmann of Compass Brought Buyer for the Record-Setting Transaction

St. Louis, MO — Compass, Inc. (NYSE: COMP), the most significant household genuine estate brokerage in the United States, announced that 1705 Woodlawn Avenue in St. Louis has sold for a history value of $13,000,000. Jeff Lottmann, a major-creating realtor with Compass St. Louis, brought the consumer for the 7.5-acre luxurious estate. The transaction closed February 28, 2023 the customer was not disclosed. Pictures are offered in this article courtesy of Square A person. 

Developed in 2014, the French-inspired estate is in the coveted Huntleigh neighborhood of St. Louis. Capabilities of the 27,280-SF home include a two-story lobby, saloon, wine cellar, conservatory and luxury motor vehicle showroom. The house includes 5 bedrooms and six and a half bathrooms. 

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“We’re constantly thrilled to assist our clients uncover the excellent home and the Huntleigh household is genuinely an outstanding estate that elevates the in general luxurious attraction of St. Louis,” mentioned Lottmann, a mainstay of the St. Louis luxury homes industry considering that 2002. “Our purchasers be expecting our workforce to supply the greatest households on the marketplace and the sale of the Huntleigh property will take our market to new heights.”

The Jeff Lottmann Team joined Compass in 2022 and is led by Jeff Lottmann and son Chase Lottmann. Because proven in 2002, the group has developed to be regularly ranked amongst the major-producing groups in the St. Louis luxury serious estate industry and lately expanded into the Dallas-Fort Really worth market place. 

“As the luxury real estate current market carries on to increase, we’re shifting quick to develop our enterprise to accommodate various marketplaces,” explained Lottmann. “Dallas-Fort Really worth was just regarded as a prime 10 sector for extremely-luxurious income volume in 2022 in the Compass Extremely-Luxury Report. We’re enthusiastic to cater to purchasers in Dallas-Fort Worthy of and St. Louis as need is sustained for luxury households in equally markets.”

Compass just lately unveiled the 2022 Ultra-Luxury Report which spotlighted a range of rising ultra-luxurious markets these types of as Dallas-Fort Value. In 2022, the Dallas-Fort Worth industry noticed an 83{61deb032f2f3cf43cd91e0a97f017aab274ddbb67b74a5b085bd003b9ac3cd96} increase in year-about-yr ultra-luxurious ($10M+) transaction sales quantity. The home sets the new conventional for extremely-luxurious in St. Louis.

“Compass is deeply involved with luxurious living and Jeff Lottmann shipped specifically that for his shopper,” reported Jason Pashia, Taking care of Director of Compass Missouri & Kansas. “We are enthusiastic to rejoice his achievements and this achievement which validates the new regular of extremely-luxurious living that St. Louis consumers now count on.”

Compass joined the St. Louis sector in the summer time of 2021. The St. Louis Compass Realty Group closed approximately $500M in gross sales volume and serviced over 1,000 purchasers in its 1st whole calendar yr and rated as a single of the Prime 5 Places of work in St. Louis in 2022. Compass is among the speediest increasing genuine estate firms in St. Louis with above 125 agents.

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