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    Kate Spade New York Co-Founder Andrew Spade Buys Bay Area Home

    Johnny Nunez/WireImage

    Andrew Spade, co-founder of luxury fashion brand Kate Spade New York, has picked up a real estate gem. He purchased a Mission-style home in an upscale neighborhood in the hills of Oakland, CA, for $3.5 million in early June.

    Spade made the move to the West Coast following the death of his wife, Kate Spade, in 2018. 

    As often happens in the hot San Francisco Bay Area housing market, the final price went well above the home’s $2.85 million list price.

    In the same family for over 60 years and set on a level half-acre lot on the crest of a hill near Piedmont, the classic home from 1928 features five bedrooms, 3.5 bathrooms, and 3,982 square feet of living space.

    Gorgeous views can be seen from the great room, which also features an exposed beam ceiling and a large central fireplace. French doors open to the main terrace, which overlooks the bay below.

    Andrew Spade’s West Coast home

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    Living room with beamed ceiling and French doors

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    Dining room with decorative ceiling

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    Library with built-ins

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    Master suite

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    Second-floor balcony

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    Patio with dining area

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    Designed by local architects Corlett + Reed, the home features artisan-created details throughout, including gorgeous woodwork.

    The property also has three garages, multiple workshops, a separate studio, gardens, walkways, and patios. 

    In memory of his wife, Spade planted a decorated Christmas tree outside a teal-framed window. 

    “Dear Katy, this tree is for you,” Spade posted on Instagram. “Bea and [ I ] are planting it outside of our big window to keep your magical spirit and energy close to us everyday. It will bless our new home in California and radiate your essence 365 days a year.”

    View this post on Instagram

    Dear Katy, this tree is for you. Bea and are planting it outside of our big window to keep your magical spirit and energy close to us everyday. It will bless our new home in California and radiate your essence 365 days a year. You were illumines and we feel your presence wherever we go. I want to thank you for all of the wonderful gifts you gave me over the years. For your beauty, intelligence and grace under pressure. For your boundless generosity, unflappable honesty and kindness to all living things. For your strength, courage and conviction to your ideals. For your belief in me and so many others. For your infectious laughter and sharp wit. There was never a dull moment with you. Through the peaks and valleys and alleyways we serpentined through together you were always there. We grew up together, helped raise one another yet vowed to retain our innocence as best we could. You taught me that modesty is always the best policy, to see the good in everyone and to stand up for the crazy and less fortunate. You hated hype and loved the humble. You called me out on my bullshit yet were nonjudgmental. You talked straight and let me know when I was was being cynical or sarcastic. You were my best friend, my confidant, my partner in life, business and mischief. The ying to my yang and the zig to my zag. We played ping pong with ideas. Our shared passion for The Golden Rule, Kipling’s “If”, Strunk and White, Atticus Finch and millions other things bound us together like superglue. You were and still are my Superwoman. I hope you know how many people you inspired through the example you set in the way you lived and the work you created. You were and still are my favorite poem. I can’t tell you how grateful I am for all you have given me and so many others. May your bright, multicolored spirit shine down on us everyday. Heaven is lucky to have you but please know you are truly missed by us still here on earth. Love, Andy

    A post shared by Andrew Spade (@andyspade) on

    Andrew and Kate launched their handbag company, Kate Spade New York, in 1993. In 2017, Tapestry (formerly Coach) bought the Kate Spade brand for $2.4 billion.

    Previously, Andrew lived in New York City, and left a “sprawling Park Avenue apartment empty after making the move,” according to the New York Post.

    Although the couple were married at the time of Kate’s death, they had been living separately for months, according to a June 2018 statement from Andrew. 

    Along with launching Partners & Spade, the entrepreneur has produced movies with Red Bucket Films and is conceiving and publishing books through HarperCollins.

    The post Kate Spade New York Co-Founder Andrew Spade Buys Bay Area Home appeared first on Real Estate News & Insights | realtor.com®.

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