Cultured Magazine founder sells Miami Beach home for $5M

Miami /
Nov.November 11, 2020 04:30 PM
Sarah and Austin Harrelson & Alexander Kaushansky, with 4955 Lakeview Drive, Miami Beach (Credit: Patrick McMullan via Getty Images, and Google Maps)

Sarah and Austin Harrelson & Alexander Kaushansky, with 4955 Lakeview Drive, Miami Beach (Credit: Patrick McMullan via Getty Images, and Google Maps)

A magazine founder and her interior designer husband sold their waterfront home in Miami Beach’s Lakeview neighborhood for $5.2 million.

Records show Sarah and Austin Harrelson sold the house at 4955 Lakeview Drive to Alexander and Mariya Kaushansky.

Sarah Harrelson is the founder of both Cultured and LALA Magazine. Her husband, Austin, is an interior designer in Miami. The two bought the 3,964-square-foot home for $3 million in 2016, according to records.

The buyer, Alexander Kaushansky, is a vice president at real estate investment trust Arbor Realty Trust in New York. The publicly traded company, which provides debt for commercial real estate, was founded in 1983 in Uniondale, New York, according to its website.

Nancy Batchelor with Berkshire Hathaway HomeServices EWM Realty represented the Harrelsons. Levi Meyer of Compass represented the Kaushanskys. The property was first listed at the end of 2019 for $6.5 million, and was most recently listed for $5.7 million in August, according to Realtor.com.

Originally built in 1936, the home was designed by architect Phineas Paist and has five bedrooms and four-and-a-half bathrooms. The 16,800-square-foot property also includes a pool, 75 feet of water frontage and a dock.

Nearby in the Lakeview neighborhood, Miami Heat’s former player Hassan Whiteside bought the house at 528 Lakeview Court in 2016 for $7.3 million.

Other more recent sales in Miami Beach include the COO of a data center company buying a Venetian Islands home for $9.5 million. Also in Miami Beach, hospitality mogul David Grutman sold his waterfront Sunset Islands house for $8.3 million, and a developer bought a waterfront Miami Beach teardown for $7.5 million.






    Related Articles

    arrow_forward_ios
    Joel Meyerson and 24 Palm Avenue, Miami Beach (The Pure Source, Sotheby's)

    CEO of cosmetics manufacturer buys Palm Island home for $11M

    CEO of cosmetics manufacturer buys Palm Island home for $11M
    Steve Witkoff and 4766 North Bay Road (Getty, Douglas Elliman)

    Steve Witkoff pays $8M for waterfront North Bay Road lot

    Steve Witkoff pays $8M for waterfront North Bay Road lot
    The Allen Apartments with Mark Samuelian, Michael Gongora and Ricky Arriola (Miami Beach Community Development Corp., Wikipedia Commons)

    Miami Beach may create incentives for affordable housing developers

    Miami Beach may create incentives for affordable housing developers
    Tudor House Art Deco and Essex House hotels (Wikipedia Commons)

    Hotel height increases could be coming to Miami Beach’s Collins Avenue near Ocean Drive

    Hotel height increases could be coming to Miami Beach’s Collins Avenue near Ocean Drive
    Laurent Ouazana and 6505 Allison Road, Miami Beach (Twitter, Google Maps)

    French insurance CEO buys Allison Island home next door to his new mansion

    French insurance CEO buys Allison Island home next door to his new mansion
    (Google Maps)

    Weekly condo sales, dollar volume jump in Miami-Dade

    Weekly condo sales, dollar volume jump in Miami-Dade
    Jarrett Posner, Pablo Escobar with 5860 North Bay Road (The Waterfront Team)

    Pablo Escobar’s former Miami Beach property sells for $11M

    Pablo Escobar’s former Miami Beach property sells for $11M
    Camilo Miguel Jr. and rendering of 4000 Alton Road

    Mast Capital scores approval for Miami Beach condo project

    Mast Capital scores approval for Miami Beach condo project
    arrow_forward_ios

    The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

    Loading...