Archive for “October, 2016”

Platinum Luxury Auctions Offers Ocean View Estate in Laguna Beach, CA

After announcing the $6.215 million-dollar closing of a ranch in northern California, Miami-based luxury real estate auction firm Platinum Luxury Auctions has announced yet another luxury auction® in southern California’s Orange County. On November 18th, 2016, a hilltop estate in Laguna Beach will be sold at a live auction to the bidder who puts forth the highest price at or above the auction’s reserve bid of $2 million. The residence was previously listed for $7 million. Listing agent John Stanaland of Hôm Sotheby’s International Realty is cooperating with Platinum as the broker or record for the sale.

Platinum specializes in the non-distressed, auction sale of multimillion-dollar properties on behalf of their wealthy owners, who have often been unsuccessful in selling their home using the traditional brokerage process. The firm conducts approximately 90% of its business in the United States, with the balance in foreign markets such as the Caribbean, Canada and Mexico.

“With the exception of one transaction in mid-2013, we have sold and closed every property we’ve handled in California, so we really enjoy the opportunity to represent clients and properties there,” stated Trayor Lesnock, founder and president of Platinum. “We’ve certainly seen consistency in the global appetite for luxurious California properties.”

With unobstructed views of the Pacific Ocean from its elevated, hilltop location, the property is an excellent choice for those who prefer life with a water view. The main and upper living levels offer oversized, ocean view terraces, while the lowermost level features a walk-out loggia with fireplace, summer kitchen, water features, and a custom pool and spa with rock waterfall.

“It’s easy to envision yourself relaxing in the pool or spa with a nice glass of wine while enjoying a front row seat to Laguna’s golden sunsets,” said Kevin Vaughan, Platinum’s project manager for the transaction. “And with the property’s elevated location and its setback from the beach, the homeowner is afforded a charming view of Laguna below.”

Custom built in 1996 and meticulously maintained, the estate offers elegant finishes and a bright, contemporary design. Three living levels sum to a very manageable 7,200 square feet of interiors, with seven bedrooms and 5 baths. Prominent features include a gourmet kitchen, formal dining, billiards room, home theater, music room, a dual-sided, saltwater fish tank, fitness room with sauna, and an elevator servicing all levels. There are also multiple fireplaces throughout the residence, in addition to a number of wet bars/kitchenettes.

The estate is available for open house previews between the hours of 12 and 4pm PDT daily, until the auction. Additional information is available at LagunaBeachLuxuryAuction.com, or by calling 800.678.8445.

Platinum Luxury Auctions Announces Auction of 42-Acre Connecticut Estate

Building on the momentum of a string of recent sales in the western United States – including the auction of a California ranch at 114% of its most recent appraisal – veteran luxury real estate auction firm Platinum Luxury Auctions has announced the upcoming auction of a 42-acre, country-style home in Litchfield County, CT. Located in the rural enclave of Kent, the property was once asking $10.9 million, but will now be sold on November 17, 2016 at a live auction to the highest bidder who meets or exceeds the auction’s reserve price of only $2.75 million. A smaller, adjacent property situated on more than 6 acres – ideal for hosting additional family members and extra guests – is also available separately. Platinum is managing the auction in cooperation with listing brokerage William Pitt Sotheby’s International Realty, in Kent, CT. Listing agent Judy Perkins is representing William Pitt for the sale.

“On the heels of five consecutive property sales in the months of September and October with Sotheby’s International Realty affiliates in Colorado, California and Utah, we’re pleased to return to the northeast for our first transaction in Connecticut, with William Pitt Sotheby’s,” announced Trayor Lesnock, Platinum’s president and founder. “We’ve been discussing the possibility of this auction with Platinum for more than a year. The property owners are extremely diligent, and are confident Platinum was the best auction firm to present their home to the international marketplace,” added Mrs. Perkins.

Situated on 42 private acres in southern Kent, the property offers striking views of the conserved and protected lands that surround it. These lands also ensure that the estate is protected from encroaching developments.

When the owners purchased the property as a raw parcel of beautifully wooded land, they wanted to ensure the home they constructed would compliment – rather than interfere with – its natural surroundings. They enlisted the services of a former associate of Frank Lloyd Wright to design the estate, and much of the natural stone and timber that was accumulated during clearance of the homesite was repurposed in order to build the residence. Many of the wooden beams used in the estate were cut and treated by hand.

The end result is a sprawling manor featuring warm woods and carved mantles that speak to the rich architectural heritage of New England. Prominent features include lofted ceilings with exposed beams, a wine cellar, billiards room, eight fireplaces, an art/music gallery, gourmet kitchen with top-of-the-line appliances, and a sun/summer room. The residence offers 6 bedrooms, 6 full and 2 half baths throughout two levels of luxury living: a main level of 7,200 square feet, and a lower level adding an additional 6,700 square feet. Many of the rooms open onto terraces, patios, or manicured lawns, emphasizing the Property’s harmony with nature.

In addition to the main residence, there is also a lovely pool house with a full bath, a custom pool with infinity-edge design, an artist’s studio (also with a full bath), and several small outbuildings for storage and utilities.

An adjacent property – which will be offered for sale separately from the primary estate – sits on nearly 7 acres, and features a main residence of more than 2,300 square feet, in addition to a guesthouse of 660 square feet. In total, this adjacent property offers 4 bedrooms and 3 full baths. There is also a 2-car garage, and two private ponds on site. It is ideal for housing caretakers, extra members of large families or party guests, or to be used as an entirely separate residence.

The property is available for previews between the hours of 12 and 4pm EDT daily, until the auction. Additional information is available at ConnecticutLuxuryAuction.com, or by calling 800.218.5173.