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Andre Hakkak House: Record $14.3M Pinecrest Purchase Sets New Benchmark

entrepreneursmash by entrepreneursmash
August 1, 2024
in Lifestyle
0
Andre Hakkak House Record $14.3M Pinecrest Purchase Sets New Benchmark

Introduction

Andre Hakkak, the co-founder and CEO of White Oak Global Advisors, and his wife Marissa Shipman, founder of Balm Cosmetics, recently set a new real estate record in Pinecrest, Florida. Their purchase of a stunning mansion for $14.3 million has drawn significant attention, highlighting their success and commitment to luxurious yet sustainable living. This article delves into the details of the remarkable Andre Hakkak house, the couple’s previous real estate ventures, and the broader context of their lifestyle and professional achievements.

The Record-Breaking Purchase

The Property

The newly acquired Andre Hakkak house in Pinecrest is a masterpiece of modern architecture and design, spanning 10,500 square feet. Situated on a 1.2-acre lot, this estate features seven bedrooms, 11 bathrooms, and two half-bathrooms, offering ample space and luxury. Designed by Cesar Molina of CMA Design Studios, the mansion boasts a pool, gym, theater, and a guest house, making it an ideal setting for relaxation and entertainment.

Architectural Excellence

The architecture of the Andre Hakkak house seamlessly blends modern aesthetics and functional design. Materials like glass, steel, and concrete give the property a sleek, contemporary look, while wooden accents and stone elements add warmth and texture. Large windows and open-plan living areas ensure natural light floods the interiors, creating a bright and welcoming atmosphere. The design also emphasizes the integration of indoor and outdoor spaces, with expansive patios and landscaped gardens providing a perfect backdrop for the luxurious living experience.

Previous Real Estate Ventures

Coral Gables Mansion

Before acquiring the Pinecrest mansion, Andre Hakkak and Marissa Shipman owned a stunning property in the exclusive Gables Estates neighborhood of Coral Gables. They purchased this non-waterfront mansion for $13.6 million in 2020. They sold it for $27.5 million earlier this year, making a substantial profit. This two-story, 12,300-square-foot house featured six bedrooms, nine full bathrooms, two half-bathrooms, a six-car garage, and a pool. The property was known for its luxurious amenities and state-of-the-art security systems, reflecting the couple’s taste for high-end living.

Design and Amenities

The Coral Gables mansion was designed with a focus on luxury and comfort. High ceilings, spacious layouts, and large windows characterized the interiors. At the same time, the exterior featured a meticulously landscaped garden and a modern pool area. The house was equipped with advanced home automation systems, including intelligent lighting, climate control, and security features, ensuring residents’ convenience and peace of mind. The property’s architectural and design elements highlighted the couple’s commitment to creating a sophisticated and comfortable living environment.

The Lifestyle of Luxury and Sustainability

Commitment to Sustainability

One of the standout features of the Andre Hakkak house is its commitment to sustainability. The Coral Gables and Pinecrest properties incorporate eco-friendly materials and energy-efficient technologies, reducing their environmental impact while maintaining a luxurious lifestyle. Solar panels, energy-efficient appliances, and advanced water recycling systems are some of the sustainable features integrated into these homes. This commitment to sustainability reflects Andre Hakkak’s and Marissa Shipman’s broader values and their desire to live responsibly without compromising comfort and luxury.

Smart Home Technology

Integrating smart home technology is another crucial aspect of the Andre Hakkak house. Both properties have advanced home automation systems, allowing centralized control of various functions, including lighting, climate, and security. Voice-activated assistants, biometric access controls, and high-definition surveillance cameras enhance the convenience and security of these homes, ensuring that they are both cutting-edge and user-friendly. These technological advancements highlight the couple’s embrace of modern innovations and desire to create a futuristic environment.

Professional Achievements and Personal Life

Andre Hakkak’s Career

Andre Hakkak is a prominent figure in the financial world, known for his role as co-founder and CEO of White Oak Global Advisors. This San Francisco-based financial firm specializes in providing loans to small and mid-sized businesses, helping them achieve their growth potential. Under Hakkak’s leadership, White Oak Global Advisors has grown significantly, establishing itself as a leader in the investment management industry. Hakkak’s strategic vision and business acumen have been instrumental in the firm’s success, earning him a reputation as a savvy and influential financial executive.

Marissa Shipman’s Entrepreneurial Success

Marissa Shipman is the founder and CEO of theBalm Cosmetics, a Reno, Nevada-based beauty firm known for its high-quality, cruelty-free products. Shipman started the company in 2004 to create fun, innovative, and effective beauty products that appeal to many consumers. Over the years, Balm Cosmetics has grown into a successful brand celebrated for its unique packaging and commitment to ethical practices. Shipman’s entrepreneurial spirit and dedication to her vision have been critical drivers of the company’s success, making her a respected figure in the beauty industry.

The Broader Context: Pinecrest and Coral Gables Real Estate

Pinecrest: A Growing Luxury Market

Pinecrest, a suburban village in Miami-Dade County, has become an increasingly popular destination for luxury home buyers in recent years. Known for its excellent schools, lush landscapes, and family-friendly environment, Pinecrest offers a high quality of life that attracts affluent buyers. The record-breaking purchase of the Andre Hakkak house highlights the growing demand for luxury properties in the area. It sets a new benchmark for real estate prices in Pinecrest. This trend reflects the broader growth of the luxury real estate market in South Florida, driven by an influx of high-net-worth individuals seeking exclusive and comfortable living environments.

Coral Gables: A Prestigious Enclave

With its historic Mediterranean Revival architecture and tree-lined streets, Coral Gables has long been one of South Florida’s most prestigious neighborhoods. The sale of the Hakkak-Shipman mansion for $27.5 million underscores the enduring appeal of Coral Gables as a prime location for luxury real estate. The area’s charm, combined with its proximity to downtown Miami and top-rated schools, makes it a highly desirable place to live. The high-profile transactions in Coral Gables reflect the continued strength of the luxury real estate market in this historic enclave, attracting both local and international buyers.

Conclusion

The record-setting purchase of the Andre Hakkak house in Pinecrest marks a significant milestone in the luxury real estate market of South Florida. This property, with its blend of modern design, advanced technology, and sustainable features, epitomizes the sophisticated lifestyle of its owners. Andre Hakkak and Marissa Shipman have demonstrated their ability to make astute real estate investments while maintaining a commitment to luxury and sustainability. Their professional achievements and personal values are reflected in their choice of homes, making the Andre Hakkak house a symbol of success, innovation, and responsible living. As the luxury real estate market continues to evolve, the Hakkak-Shipman residence stands as a benchmark for excellence and a testament to modern, eco-friendly living possibilities.

Do Read: Chelsea Acton Famous Parenting: Mastering Modern Parenthood

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