Hotelier-owned family home in London sells for nearly $24 million

In London's well-to-do Chelsea, a single-family home that has been given a five-star makeover by its hotelier, has come to the market for 19.95 million US $24.1 million The red brick house on Chelsea's Mulberry Walk has been reconstructed by the Swedish-born Morstedts family, who have owned the aptly named Mullberry House for more than 30 years.

The family owns and operates the Bequia Beach Hotel, a boutique resort in the Grenadines, and has their experience in designing luxury getaways, villas and yachts for the overhaul.

In the early 1980s, I moved to London from Sweden with my late wife and it took several years to find Mulberry House, our dream family home, owner Bengt Mortstedt said in a statement. After happily bringing up our children here before opening a hotel in the Caribbean nearly 15 years ago, the natural next step was to draw on our family experience of high-end hospitality to bring the refurbishment of our former family home to life. The home has more than 7,100 square feet of high-end features and finishes. The home has a contemporary kitchen and family room, a light-filled drawing room with a wet bar, a sauna, a sauna and a steam shower, and a home theater, according to the listing with Savills, which brought the home to the market in January.

There is a wine wall with two individual temperature and humidity-controlled chillers - one for red, one for white - an elevator that spans all five floors, a staff area with a bedroom suite and a catering kitchen, a private garden and a roof terrace.

According to listing agent Alex Christian, a Savills Sloane Street office manager, the Morstedts understand the importance of intelligent design for modern life, and designed spaces that are both aesthetically pleasing and practical to enhance the way families live today.