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Colorado Dream Homes: Colorado Springs home with built-in indoor slide going up for auction

COLORADO SPRINGS, Colo. – If you can’t be bothered to walk down stairs, you’ll love this Colorado Springs home that’s going up for auction.

That’s because it has a built-in spiral slide leading to the lower level.

The 13,000-square-foot, six-bedroom home sits on 45 acres in the Cathedral Pines area of northeastern Colorado Springs. The property was previously listed for $4.25 million and is now going up for auction without reserve.

The house has all the high-end features you’d expect from a luxury home of its size, including a lower level that’s built for entertaining. It features a game room, indoor lap pool, hot tub with waterfall, steam shower, home theater, bar, fitness center and art gallery.

And, of course, that slide. But you can also take the stairs (or elevator) down if you’re not in the sliding mood.

The home goes up for auction on Saturday, March 3 at 11 a.m. MT. Only registered bidders will be allowed, so be sure to contact Platinum Luxury Auctions if you’re interested.

For more information on the auction, log on to platinumluxuryauctions.com.

View the original article by Kurt Sevits here.

South Carolina Estate Near Golf Courses Hitting the Auction Block

Previously listed for $5.9M, the Kiawah Island property has views of the Atlantic Ocean

A beachfront estate on Kiawah Island, South Carolina, a popular vacation spot that boasts large pristine beaches and world-class golf courses, is going to hit the auction block next month, Mansion Global has learned.

The estate on Flyway Drive in the double-gated enclave Vanderhorst Plantation, was first offered for $5.9 million in 2015 and was last on the market for $4.395 million last August, per listing records on Zillow.

It will sell to the highest bidder with a reserve price of $1.75 million during an auction at the property on Feb. 17 held by Platinum Luxury Auctions, a Miami-based real estate auction firm.

MORE: A Restored 1780s Pink Home in Charleston, South Carolina

“The property has Atlantic Ocean views from the eastern side and lagoon views from the west. There is a scenic wooden walkway from the home site directly to the oceanž,” said Trayor Lesnock, president of Platinum Luxury Auctions.

Built in 2000 and renovated in 2015, the three-level, 5,715-square-foot main residence has four bedrooms, five full bathrooms and one half- bathroom. The two-story living room features a gas fireplace, a wet bar and arching windows overlooking the pool and the Atlantic Ocean, while French doors lead to the veranda, according to the listing.

A detached 352-square-foot pool house doubles as a guest house, which comes with one bedroom, one bathroom, a full kitchen and laundry facilities.

The exterior of the main residence, designed by local architect Zach Carney, is traditional English manor style. The interior decorated by the seller, Irene X. Harwood of Harwood House Interiorsž, includes barrel vaulted ceilings, custom millwork, mantels and cherry cabinets.

Mrs. Harwood, who wasn’t available for comment, decided to sell the property after her husband, Michael Ray Harwood, a former chairman of the World Containerboard Organization, died in May 2015 at 71, she told The Wall Street Journal in an earlier interview.

Interested bidders, who can preview the property daily from now on, need to register and make a $100,000 refundable deposit prior to the auction date, Mr. Lesnock said.

Remote bidding is accepted on the condition that the buyer has a rep on the site.

The winner  can also purchase the current owner’s membership at Kiawah Island Club separately in order to circumvent the year-long waitlist for new homeowners. The membership guarantees access to two of the seven golf courses on the island.

The gated Kiawah Island is about a 45-minute drive from Charleston, the oldest and largest city in the state of South Carolina.

For the original article written by Fang Block, click here.

Luxurious Beachfront Estate on Kiawah Island Scheduled for Luxury Auction® Feb 17th

Owner of Luxurious South Carolina Home Retains Platinum Luxury Auctions for the Sale

 

CHARLESTON, S.C.Jan. 31, 2018 — On Saturday, February 17 th, a luxurious beach home located on Kiawah Island that was previously asking $6 million will be offered for sale at a live auction, wherein the highest bidder above a $1.75 million reserve price will prevail. The sale, which was commissioned by the home’s owner, is being managed by luxury real estate auction firm Platinum Luxury Auctions. Platinum is conducting the transaction in cooperation with listing agent Mary Lou Wertz of South Carolina-based brokerage Atlantic Properties of the Lowcountry.

“While we’ve had great success in other South Carolina markets, this is our first Kiawah Island offering, and we’re thrilled to assist yet another frustrated homeowner with the date-certain sale of her multimillion-dollar property,” stated Trayor Lesnock, Platinum’s founder and president. “Kiawah has long served as the perfect example of how to develop a luxurious coastal community, and families continue to seek out the area for its beauty, safety and ample amenities.”

The tri-level property is located within the island’s exclusive Vanderhorst Plantation subdivision, which offers its own security gate (meaning the home sits behind two gates), and is home to the island’s two most desirable golf courses, Osprey Point and the world-famous Ocean Course. The community is also close to the Kiawah Island Club’s Beach Club and Marsh House facilities, which collectively offer a host of amenities to the island’s residents.

Nestled amongst mature landscaping, the home sits on a 0.7-acre lot offering direct beach frontage. The parcel’s lengthy, rectangular shape includes a private, gently winding walkway leading to the sands of the beach, and also allows the home to enjoy a degree of protection, being setback from ocean winds and sea spray.

The main residence provides 4 bedrooms, 5 full and one-half baths, and more than 5,700 square feet of living space, while a separate guesthouse – which also serves as a cabana – adds another bed, full bath, and 350 square feet of interiors. Prominent features of the home include a large salon with oversized windows offering ocean views, an elevator, study, gourmet kitchen and a large master suite occupying the entire third level.

Outside, there is a large, covered terrace and sundeck that allows for ample entertainment around the private pool. The guesthouse/cabana, adjacent to the pool, also offers its own kitchenette and a laundry area, making it ideal for overnight guests or domestic staff.

In addition, the new owner of the property will have the option to purchase a Kiawah Island Club membership directly from the current homeowner. This is significant, as it allows the new owner to avoid the often-lengthy waitlist that exists for new club members.

Previews of the property will be held daily, between the hours of 12pm and 4pm (ET), until the auction date. To ensure smooth entry through the guard gates, interested parties are encouraged to contact Platinum in advance of their planned visit. Additional information is available at KiawahLuxuryAuction.com, or by contacting a member of the Platinum team at 800.559.0882.

About Platinum Luxury Auctions

Platinum Luxury Auctions is responsible for developing the luxury auction ® model for high-priced real estate auctions, and owns the rights to the term “luxury auction.” The firm specializes in the non-distressed sale of multimillion-dollar properties within and beyond the United States. Platinum’s team has closed more than $725 million in luxury real estate auction sales to date, while consulting on more than $2.25 billion in additional luxury properties worldwide.

A South Carolina Vacation Home Heads to Auction

The owner of this Kiawah Island house designed it to have a European feel — Emily Nonko

 

For the Full Wall Street Journal “House of the Day” Article by Emily Nonko, click here.

Alberta Under the Gavel

Luxury real estate auction houses troll the western market

Canada’s luxury real estate market is attracting the attention of high-end auction houses, eager to provide a fast sale for multimillion dollar homeowners struggling to sell in the conventional way. And Alberta’s depressed housing market, paired with a landscape rich in custom-built megamansions, is already proving successful under the gavel.

“Calgary is a significant market for us because of its boom and bust cycle,” says Murray Lange, Alberta business development officer for Florida-based Concierge Auctions. “During the boom times, people spend an exorbitant amount of money building big, customized, luxury properties, now we’re in a more normalized market those homes aren’t selling.

“There are 61 homes over $3-million on the market in Calgary today and only 13 sales so far this year. At the current rate of absorption, with no further listings, we’ve got a five-year supply. If you want to sell, there’s huge competition; an auction can get you out in front of that market.”

Concierge Auctions have sold more luxury real estate in Canada than any other auction house with 12 sales since November, 2013; eight of those sales have been in Alberta, with an average selling price of $2.4-million.

“Typically, properties we sell are upwards of $2-million and they’re unique in some way, which means the buyer pool is shallower,” says Mr. Lange, who sold his own home – a mansion in Southwest Calgary – via Concierge Auctions in June, 2016.

“Our home was custom built to suit our needs,” he says. “Decisions we made during design had worked for us as a family, but made liquidity hard to achieve.”

“We started the sales process with an ambitious list price in 2014,” he continues. “The luxury market was still pretty good at that time but, after three price reductions in the first year, we fired our agent and appointed another. After another two price reductions and still no offers, we decided we needed a different solution.”

Mr. Lange signed a deal to auction off his home to the highest bidder and, after a two-week marketing campaign, four bidders registered to compete for the home which sold for $2.5-million; it had previously been listed for $3.3-million.

It’s a familiar story; in February this year, a custom-built estate home in Canmore – appraised at more than $4-million and on the market for more than three years – sold at auction for $2.4-million. Most recently, in June, a sprawling six-bedroom inner-city Calgary penthouse – previously listed for $2.325-million – sold at auction for $1.3-million.

This sprawling, six-bedroom inner-city Calgary penthouse was sold through Concierge Auctions for $1.3-million in June.

This sprawling, six-bedroom inner-city Calgary penthouse was sold through Concierge Auctions for $1.3-million in June. CONCIERGE AUCTIONS

Trayor Lesnock, founder of Florida-based Platinum Luxury Auctions, one of North America’s biggest auction houses, says the vast majority of auction sales come only after all other methods have been exhausted.

“Less than 5 per cent of our sellers bring their home to auction as a first option. The majority have checked all the other boxes first before they arrive at an auction because auctions generally drive more demanding terms in order to make it work,” he says.

Earlier this month, Platinum Luxury Auctions embarked on a joint venture with the only auction house founded and based in Canada, Garage Sale. The partnership, which is expected to result in the acquisition of Garage Sale by Platinum Luxury Auctions, was launched with the joint sale of a sprawling, 15-acre Okanagan estate on October 5. The home had been on the market for 15 years.

“The property actually set a new company record for us, being the longest listed property before auction,” Mr. Lesnock says. “The last, expired, list price was $3.95-million and it was on the market at that price for a year with no offers.”

This sprawling, 15-acre Okanagan estate was sold by Garage Sale and Platinum Luxury Auctions on October 5. The home had been on the market for 15 years.

This 15-acre Okanagan estate was sold by Garage Sale and Platinum Luxury Auctions on October 5. The home had been on the market for 15 years. PLATINUM LUXURY AUCTIONS

A six week marketing campaign produced 198 enquiries, 102 showings, seven bidders and, ultimately, a sale price of $3.3-million.

The sale is Platinum Luxury Auctions’ second venture into the Canadian market; their first was an estate sale in Thousand Islands, Ont., a year ago, which established an all-time-high resale price for the area. The home had been listed at $22.9-million and sold at auction for $7-million.

The sale confirmed to Mr. Lesnock that the luxury real estate market in Canada was viable and spurred his search for a business partnership.

 “We knew that to break into Canada would require more operating bandwidth, so acquiring Garage Sale is a great fit. We plan to do a lot more business in Canada and we’ll be taking Garage Sale’s direction on where we focus our efforts,” he says.

Alex Lambert, founder of Garage Sale, says Alberta is a top priority for the newly partnered companies.

“We’re 100 per cent looking at expanding into Alberta; it’s where I grew up and I’m very familiar with the area. A lot of folks in oil and gas, farming and logging are already very familiar with auctions as a platform for handling multimillion dollar assets,” he says. “Albertans are auction people and the real estate market there is certainly ready for innovation.”

Since 2014, Garage Sale has sold five properties in the Okanagan and on Pender Island, including the recent estate sale with Platinum Luxury Auctions, but Mr. Lesnock says he doesn’t believe that’s where their next auction will come from.

“We don’t believe Kelowna will be the next sale because the market just doesn’t sell that many high-priced homes each year; the market can’t absorb that many,” he says. “I think we’ll be looking in a different market area; Vancouver or Alberta most likely.”

For Mr. Lambert, Alberta’s landscape makes most sense.

“Alberta also has a lot of very large ranches which require a different strategy to sell them” he says. “This isn’t cookie-cutter housing, it’s often highly specialized and some of those projects will require a very custom approach, which is what we do.”

Meanwhile, Mr. Lange says that while Alberta, and in particular Calgary, remains a key market for Concierge Auctions, they’re also focusing on expanding their presence into more buoyant markets like Toronto and Vancouver.

“If you have a sought-after property in a hot market and you sell to one of the first buyers that comes along, in the conventional process, how would you know you’d achieved the best price for your property? Why not invite all the interested parties to compete in a transparent way and achieve the best price possible?” he asks. “We think this approach works for all areas of the luxury-home sector and we believe it’s just a matter of time before it becomes a more mainstream way of selling in Canada.”

 Read the original story here.

Record-Breaking Interest Creates Successful Auction of Luxury Home in Kelowna, BC

Platinum Luxury Auctions & The Garage Sale Produce One of Market’s Highest Non-Waterfront Sales

KELOWNA, British ColumbiaOct. 10, 2017 /CNW/ — Seven registered bidders gathered on the site of a luxury home in Kelowna, British Columbia on the evening of October 5th in order to vie for the chance to become its new owner. Following a brief charity auction to warm up the bidding audience – which happened to raise more than C$20,000 for the Kelowna General Hospital Foundation – the 14-acre, lake view estate was sold for approximately C$3.3 million. Although the home was listed at a promotional price of C$6.5 million as part of the auction’s marketing program, the property actually had an extensive listing history of more than 15 years, being placed on-and-off the market since 2001. The final listing price during that period expired at C$3.995 million.

U.S.-based Platinum Luxury Auctions and Kelowna-based The Garage Sale Luxury Auction House, two auction firms specializing in the non-distressed sale of multimillion-dollar homes on behalf of their private owners, joined forces to market the property for auction in cooperation with listing agent Jane Hoffman of the Jane Hoffman Group, a market-leading sales team with Coldwell Banker Horizon Realty in Kelowna.

The picturesque, three-story residence sits upon 14.5 acres, and offers more than 10,000 sf of living area, with 5 bedrooms, 5 full and one half bath. Prominent features of the property include a grand salon with soaring, 22-ft ceilings, a large terrace overlooking a salt-water pool, gourmet kitchen with professional-grade appliances, wine cellar, gentleman’s study and a billiards room finished in Honduran mahogany. The property’s acreage includes orchards currently planted for Gala apples, but is also suitable for wine grapes and cherries.

The auction firms credited their success to the exceptional degree of buyer interest resulting from their marketing efforts. “In approximately 5 weeks of marketing, our team generated 198 buyer inquiries, 102 on-site showings, and more than 33,330 international pageviews to the property’s dedicated page on the Platinum site,” stated David Enriquez, Platinum’s vice president of operations. In fact, the level of interest was such that it set several records for The Garage Sale. “Some of our buyer-response metrics were off the charts for this transaction,” noted Alex Lambert, CEO and founder of The Garage Sale. “We experienced record numbers for opens and click-throughs on our newsletters, for total video views, and for overall engagement with our social media posts.”

According to statistics taken from the area’s Multiple Listing Service, the luxury auction® sale was one of only 5 sales above $3 millionfor a non-waterfront home in Kelowna within the past 4 years. Interestingly, 2 of those 5 sales were achieved at auction. “What is intriguing is how our model – which produces a date-certain sale within approximately 2 months – is such a great fit for this market,” added Jesse Ross, the lead auction project manager for the sale. “The data shows that the average time-on-market for non-waterfront Kelowna homes that sold above $3 million within the past 10 years is 1,079 days.”

“The alliance of our firms has produced results that we’re excited to share with the rest of the Canadian market, and to hopefully deliver to future luxury property sellers in those areas,” said Trayor Lesnock, founder and president of Platinum. Lesnock added that the two auction firms have entered into a strategic alliance with the goal of expanding operations throughout Canada’s luxury property markets.

The auction firms declined to offer specific details on the identity of the buyer, noting only that it is a very prominent businessman. The non-contingent sale is scheduled to close within 30 days. Additional information is available at KelownaLuxuryAuction.com, or by contacting a member of the Platinum team at 800.262.5132.

Historic Connecticut Estate Dating to 18th Century to Be Auctioned

The home was previously listed for $5.5 million and is now selling at or above $1.25 million

ORIGINALLY PUBLISHED ON OCTOBER 18, 201 7MANSION GLOBAL

A historic estate in Redding, Connecticut, previously listed for $5.5 million, will hit the auction block with a reserve price of $1.25 million next week.

The 24-acre property features a main residence with six bedrooms and five full and two half bathrooms, the listing shows. The 6,300-square-foot mansion includes large and open rooms, wide-plank hardwood floors, charming bedrooms, central heating and cooling, six fireplaces and a kitchen.

Built in 1768, the estate was restored in 1902 by famed New York by architect Noble Foster Hoggson, who specialized in building banks, according to the listing. Property records show current owner Janice Meehan and her husband Matthew bought this place in 2006 for $3.1 million.

“Our kids have grown up and we travel a lot … It’s time to turn this place to another family,” Ms. Meehan said.

The estate was on the market for $5.5 million in May of 2014 but failed to sell. After several price cuts, the property was relisted for $2.995 million in February this year, according to Zillow.

“We invested $5 million to $6 million into the house,” Ms. Meehan said. “But the economy has been bad and not many people want to buy a seven-figure property.”

According to Ms. Meehan, her husband built a heated 8,000-square-foot two-story barn after they moved in. The barn was built to residential standards in order to house a car collection but can also be converted to an equestrian facility or a guest house.

The couple also added a heated pool and a pool house with a covered, outdoor dining area, too.

The historic property has been upgraded to 21st-century standards by previous owners, but Noble Foster Hoggson’s architectural signature remains, including the wooden shake-shingle siding and roof, concrete and stone foundation and the wooden frame construction. The gardens designed by Hoggson features a reflecting pond and grapevine-covered arbors.

The country estate will be auctioned off at the property on Oct. 28.  Phone bidding will also be provided by Platinum Luxury Auctions, but a representative of the bidder has to be onsite, according to Trayor Lesnock, president of the auction company.

Luxury Auction® Approaches for Waterfront Home Within FL Community Ranked as One of Nation’s Most Exclusive by Forbes Magazine

Luxury real estate auction firm Platinum Luxury Auctions is preparing for the upcoming auction sale of a contemporary waterfront estate located within the Sanctuary of Boca Raton, a gated residential community in Boca Raton, Florida. The ritzy neighborhood, situated on the western side of the Intracoastal Waterway in Palm Beach County, has been ranked by Forbes magazine as one of the most exclusive gated communities in the United States. Although recently offered for an asking price of $3.8 million, the property will now be sold to the highest bidder who meets or exceeds a bid of only $1.5 million at the live auction sale, to be held on the property site on August 26, 2017. Platinum, a firm specializing in the non-distressed auction sale of multimillion-dollar homes on behalf of their affluent sellers, was retained by the property’s owner to exclusively manage the sale.

“We’re pleased to be working within the Sanctuary, a community long-known to be one of Boca Raton’s best,” stated David Enriquez, Platinum’s vice president of operations. “Its relatively boutique size, excellent security and waterfront amenities have made it a preferred location for many prominent business moguls and their families. It’s extremely rare for an auction to be conducted within this coveted enclave.”

Completely renovated by its current owner in 2012, the single-story, contemporary estate offers 5,000 square feet of interior living area, with 5 bedrooms, 6 full and one half bath. It is situated on a wide, deep-water canal, and boasts 70 linear feet of dockage. The large canal, combined with the wake protection and privacy offered by a 27-acre wildlife preserve located immediately east of the community, create exceptional dockage conditions for the avid boater. There are no fixed bridges between the property and the nearest inlet, making a cruise to the Atlantic Ocean a breeze.

Designed in a beach chic style with a light color palette, the residence features lofted ceilings and bright, airy living spaces, with most rooms offering views of the pool and the waterway through floor-to-ceiling windows and doors. Several bedrooms feature direct access to the pool deck, creating a seamless blend between indoor and outdoor living areas. The impressive kitchen, located just off the main salon, was designed by Pedini New York, and features Viking appliances and a welcoming, open layout that flows into the other living areas.

Outdoor living areas include a large front yard with a semi-circular, paved entry, and a backyard offering a manicured pool deck outfitted in custom pavers and artificial grass, a custom pool and spa with sun-soaking deck, and a summer kitchen with video and audio systems.

Additional features include a +300-bottle wine room, integrated Smart Home features controllable via iPad, a spacious master bedroom suite with a designer bath, and a three-car garage.

The Sanctuary of Boca Raton has long been considered one of the most exclusive gated communities in Palm Beach County. Its ninety estates – two-thirds of which feature private, deep-water dockage – typically range from $2 million to more than $20 million in price. In addition to its namesake, 27-acre wildlife preserve, The Sanctuary offers a 23-slip marina (built to accommodate boats up to 65 ft. in length), Har-Tru tennis courts, a children’s playground and round-the-clock security patrolling both the roads and the waterways behind its manned gates.

The property is available for open house previews by interested buyers between the hours of 12 and 4pm (EDT) each Thursday through Sunday, until the auction. Visitors must make an appointment with Platinum in advance in order to proceed through the community’s guard gate. Additional information is available at SanctuaryLuxuryAuction.com, or by contacting a Platinum representative at 800.678.2293.

Colorado Estate with Private Spa & 10-Vehicle Lounge Heads to Luxury Auction®

A luxurious mountainside estate located just south of Denver and boasting features fit for a hedge fund titan or Hollywood movie star has been scheduled for a live auction sale on May 20, 2017. Platinum Luxury Auctions, a Miami-based auction firm specializing in the non-distressed auction sale of multimillion-dollar properties on behalf of wealthy homeowners, is managing the auction sales process in cooperation with listing agent Stephen Brinley of SCB & Associates in Durango, Colorado.

After entering the market at an original asking price of $5.2 million, the residence will now be sold to the highest bidder without reserve and regardless of the high bid price. The live auction will be held on the property site, with qualified bidders able to participate either in person or remotely.

The auction sale is Platinum’s fourth transaction in the area, and with it, the firm plans to extend its perfect sales record in the state of Colorado. “We’ve sold various resort-area properties here for some of our multi-property clients, and we’re now looking forward to expanding our services into more of the primary residential markets, especially those surrounding Denver,” stated David Enriquez, Platinum’s vice president of operations. “This particular home represents an incredible purchase opportunity in a residential enclave that is only 30 minutes from Denver’s international airport.”

The property is located within the upscale community of Castle Pines Village, a private enclave of luxury homes located in the city of Castle Rock, just 25 minutes south of the heart of Denver. With 2,800 acres of land and a development plan that preserves the beautiful natural surroundings, the Village is ideal for those looking for serenity within Colorado’s great outdoors. Community amenities include three recreational centers – offering swimming pools, tennis, volleyball, basketball and multipurpose fields – thirteen miles of trails and two private golf courses.

Designed by Nicholas Custom Homes and the Phoenix Design Group, the estate features impressive architectural details such as custom, oversized windows, a cross-gabled roof, custom lighting and built-ins, and a “floating glass” walkway above the two-story foyer.

The residence has four levels: two, uppermost living levels offering more than 9,000 square feet, a finished lower level with more than 3,000 square feet, and a subterranean, automotive “vault” able to accommodate 10 vehicles. In total, there are 8 bedrooms, 9 full and 2 half baths.

On the lower living level is one of the home’s most impressive features: a private spa so posh that one could easily believe that he has just stepped into a five-star resort. With climate/humidity control throughout, a sauna, steam room, marble hot tub with infinity edge, in-floor radiant heat, and a private massage room with wash basin and shower, trips to a commercial spa will become a thing of the past.

For the auto enthusiast, the home’s subterranean garage is sure to please. Equal parts lounge and working garage, the space offers a cozy retreat for both man and machine. Features include a wash/detailing bay, wet bar and entertainment area.

Additional features include a keyless entry system, heated driveway, multiple fireplaces, fitness center, motorized window shades, and a gourmet kitchen with top-of-the-line appliances.

The residence is available for previews by interested buyers between the hours of 12 and 4pm (MDT) daily, until the auction. Due to the gated security of the community, those wishing to visit must contact Platinum in advance, by calling 800.269.1173, or by visiting CastleRockLuxuryAuction.com.

Platinum Luxury Auctions Posts Highest Sale in S. Carolina Community Since 2011

A lakefront estate located in The Cliffs at Keowee Falls community in Salem, SC has been sold as the result of a live auction on May 6th. According to Platinum Luxury Auctions and Justin Winter Sotheby’s International Realty – the firms that cooperated for the sale – Oconee County property records show that the auction created the highest sales price within the lakeside community since 2011. While the exact sales price will not be released until closing, a representative for Platinum confirmed that the sales price was in excess of $2.1 million. The auction had a reserve price of $1.25 million. Miami-based Platinum worked in close cooperation with listing agent Justin Winter for the sale.

“Our team really enjoyed working with the folks in The Cliffs marketplace, and Justin Winter really engaged in the process and did a great job adding real value to our program,” stated Trayor Lesnock, Platinum’s founder and president. “We’re looking forward to exploring more market opportunities with his team.”

Situated on 1.8 private acres and boasting 560 linear feet of lake frontage on Lake Keowee, the property attracted five bidders who gathered on its waterfront terrace to competitively bid for the opportunity to own the home. Platinum reported that the winning bidder was a financial services professional who had been looking at lake homes in the South Carolina and Georgia markets for some time.

Boasting an English manor-inspired design, the +6,000-square-foot residence features four bedrooms, four full and two half baths. Morgan-Keefe luxury homebuilders, Neal Prince and Partners design, and Pulliam-Morris decorators in Columbia, South Carolina were recruited by the property owner to build the estate, which was completed in 2006.

Features include a gourmet kitchen with separate butler’s pantry, executive wood-paneled study, and spacious lakeside terraces and balconies. Additional amenities include a covered boat dock with lift, wood-burning fireplaces, fitness room, outdoor barbecue grilling station, and a 3-vehicle garage.

The Cliffs Keowee Falls is an upscale community nestled within the beautiful, natural landscape of Salem, South Carolina. It encompasses more than 2,500 acres and 20 miles of shoreline on Lake Keowee. The development offers residents a beautiful clubhouse, seven golf courses, more than 12 dining options, an equestrian center, and a full-service marina.

Additional information is available at PlatinumLuxuryAuctions.com, or by calling 800.262.5132.