Auction Creates Highest Price in 3 Years Within Colorado Springs’ Black Forest Market

Miami-Based Platinum Luxury Auctions Credits Sale to Team Effort with Listing Brokers

Following the March 3rd luxury auction® of a Colorado Springsmansion, Platinum Luxury Auctions has announced that the sale has closed for a price that ranks at the highest residential sale in the city’s “Black Forest” region – a nearly 130-square-mile market area – within the past three years.

The luxury real estate auction firm, which was hired by the property owner for the non-distressed auction sale, stated that the gross sales price of $2.46 million not only grabbed the top spot in the Black Forest area, but also registered as the 4th highest residential sale Colorado’s El Paso County within the past year, and the 6th highest within the past two years. Platinum conducted the transaction in cooperation with LIV Sotheby’s International Realty and Action Team Realty, the property’s co-listing brokerages.

“I can’t say enough about the team effort that produced this sale,” stated Trayor Lesnock, Platinum’s president and founder. “From the cooperation of the seller to the hard work and extensive efforts by members of both the LIV Sotheby’s and Action Team Realty brokerages, it was a wonderful case study of how Platinum’s luxury auction process and the luxury brokerage industry can work hand-in-hand to create an exceptional result.”

The property sits on 45 acres in the Cathedral Pines community of Colorado Springs, and within just a 45-minute drive from the heart of downtown Denver. The upscale, residential development spans 810 acres in the Black Forest region, and includes 170 homesites featuring large estates situated on parcels of 2.5 acres or more.

While seven bidders registered for the no-reserve auction, Platinum reported that the sale was a result of a direct negotiation with one of those seven bidders, which occurred in lieu of a live auction sale. “Such direct negotiations are not an uncommon part of our process,” stated David Ashcroft, Platinum’s Director of Business Development. “In any given year, they account for 10-15% of gross sales.”

With three living levels, more than 13,000 square feet of living space, and a total of 6 bedrooms, 7 full and 3 half baths, the home is ideal for a large family. Features include an executive study/office, gourmet kitchen, and a large sunroom that opens to an oversized terrace. The lower level of the estate offers a home theater, billiards, wine storage, fitness center, and a “swim spa” indoor pool with a rock grotto design. And for the kids, there is also a custom-built, two-story tube slide that provides access from the main to the lower level.

Additional information on the sale is available at PlatinumLuxuryAuctions.com, or by contacting a member of the Platinum team at 800.262.5132.

Platinum Luxury Auctions Posts Flagler County’s 5th Highest Sale Within Past Year

Oceanfront Home in Flagler Beach, FL Sold via Live Auction on April 28th

Luxury real estate auction firm Platinum Luxury Auctions has announced the pending sale of a luxury beach house located in Flagler Beach, Florida, following a live auction sale that was held on the property site on April 28th. The sale was held without reserve, meaning the highest bidder of the auction became the new owner of the property, regardless of the bid price.

Although the actual sales price will not be released until the transaction closes – which is scheduled to occur within 30 days of the date of sale – Platinum noted that the sale will create the fifth-highest residential price in all of Flagler County within the past year. The property was last listed for $1.8 million prior to the initiation of the auction campaign.

“Per our analysts’ review of the Flagler County property records, the sale will in fact rank as the fifth-highest residential property sale to transact in the entire county within the most recent, 12-month period,” stated David Enriquez, Platinum’s Vice President of Operations. Mr. Enriquez also reported that 5 bidders registered for the auction, following nearly 40 buyer previews during the auction’s 5-week promotional campaign. The winning bidder was described by Mr. Enriquez as a physician from southwest Florida.

Built in 2008, the property offers direct views of the sparkling Atlantic Ocean walkout access to the cinnamon-hued sands of Flagler’s serene beaches. It features several oceanfront decks, which create ample opportunity to enjoy the gentle sea breezes. A private boardwalk (or “dunewalk”) extends from the main-level deck directly onto the beach.

There are 5 bedrooms, 6 full and 1 half baths in the 4,800-sf home. A private elevator serves each of the three living levels of the residence. The second floor contains a living room, kitchenette, and four bedroom suites, along with direct access to the private boardwalk, while the ground level houses a “bonus room” and a large recreation area.

Flagler Beach is a small, seaside town situated between Daytona Beach and St. Augustine on Florida’s northeast coast. The town is known for its peaceful beaches and relaxed lifestyle. Additional information is available at PlatinumLuxuryAuctions.com, or by contacting Platinum’s offices at 800.262.5132.

Falmouth Mansion Valued At $2.4M To Be Auctioned

Falmouth WOW House.

By Jason Claffey, Patch Staff 

WEST FALMOUTH, MA — A furnished Falmouth mansion will be auctioned off this month. The 43 Daniels Road estate, built in 1975, has four bedrooms, four bathrooms, a pool, tennis court and wine cellar. Learn more from realtor.com:

  • Address: 43 Daniels Rd, West Falmouth, Massachusetts
  • Price: $2,400,000
  • Square Feet: 4,500 (including finished lower level)
  • Bedrooms: 4
  • Bathrooms: 3 Full and 1 Half Baths
  • Built: 1975
  • Features: This furnished Cape Cod Retreat will be sold at Luxury AUCTION® on May 29th, 2018 in cooperation with Platinum Luxury Auctions! Selling WITHOUT RESERVE! List price used here is FOR REFERENCE ONLY. Inquire for complete auction details. The Saconesset Hills Experience awaits those searching for the perfect Cape Cod combination of ultimate privacy and recreational excitement! The serene English Garden setting on 1.2 acres includes the Pebble-Tec Pool, the Sundance Spa and the all weather tennis court! The active Association offers additional recreation with the private sandy beach and the access to the Shining Sea bike path., large entertainment room with fireplace, an exercise room and the full bathroom with wet steam room. Free furnishings included. The wet bar, wine cellar and wood cabinetry accent the sophisticated lifestyle.

This listing originally appeared on realtor.com. For more information and photos, click here.

Kismayo Farm in Wellington, Florida Gallops Toward Luxury Auction® May 5th

+14-Acre Estate Once Asked Nearly $9 Million. Now Selling At or Above $3 Million.

On May 5, 2018, luxury real estate auction house Platinum Luxury Auctions will offer Kismayo Farm – a 14.3-acre equestrian property located in world famous WellingtonFlorida – at a live auction sale. Although recently asking $8.7 million, the property will now be sold to the highest bidder who meets or exceeds the auction’s reserve price of $3 million. The offering marks Platinum’s sixth luxury auction in the Wellingtonmarketplace. The Miami-based auction firm successfully sold each of its five previous auction properties in Wellington. Southfields Real Estate, represented by broker/owner Carlos Arellano, is the listing brokerage working in tandem with Platinum for the sale.

“We’re thrilled to be working with Southfields again, and on such a beautiful property,” stated David Enriquez, Platinum’s Vice President of Operations. Mr. Enriquez is referring to Platinum’s April 2017 sale of an equestrian farm located in Wellington’s Palm Beach Point community, which was owned and listed by one of Southfield’s sales associates. “And with our perfect sales record of five consecutive, closed transactions in the Wellington marketplace to date, it provides significant confidence for the buyers to participate in each sale we do here, knowing that the process will be real and transparent. Too many real estate auctions nowadays are beginning to lack those very important characteristics.”

Kismayo Farm’s 14.3 acres consists of two parcels: a 9-acre parcel containing all of the property’s structures, and a neatly manicured 5-acre parcel, which is prepped and ready for various uses. The parcels are being offered together as one unit of sale.

Equestrian amenities are robust, and include a 12-stall barn with a wash stall, tack room, feed room, laundry and one-half bath. Each stall measures 12 ft-by-12 ft, and footing consists of rubber mats laid over sand and clay. When designing the barn, the property owner and builder (Linehan Builders) positioned the structure to take advantage of the natural breezes that flow across the farm, allowing for a near-constant flow of air throughout the barn, cooling the horses and keeping insects at bay. There is also a 60-ft-by-180-ft, mirrored dressage arena (which also includes 5 additional stalls) and 10 paddocks.

The 5-acre parcel has been raised to 16.7 ft above sea level, with a 15.5-ft elevation around the perimeter. It has also been outfitted with an underground irrigation system, powered via an electric pump connected to a 4-inch well with a 110 ft depth. A private entrance to this parcel allows vendors and guests to avoid disturbing the living quarters.

Residential features of the property are also impressive, and are led by the main residence. Built by trusted Wellingtonbuilder Tara Management, the home offers nearly 3,200 interior sf of living space, with 3 bedrooms and 3 full baths. A separate guest cottage and grooms’ quarters each add 2 bedrooms and one full bath. Additional features include a courtyard entry, gourmet kitchen and impact windows. Outdoor living areas include a 50-ft saltwater pool surrounded in coral stone, oversized pool deck and a large loggia.

The final, pre-auction previews of the property will be held Thursday and Friday, between the hours of 12pm and 5pm ET. Those parties wishing to bid on Kismayo Farm must register with Platinum by the 5pm ET Bidder Registration Deadline on Friday, May 4th. More information is available at WellingtonLuxuryAuction.com, or by contacting a member of the Platinum team at 800.484.1778.

Luxe Florida Beach House Heads to Luxury Auction® Without Reserve on April 28th

Tri-level Home Offers Elevator & Private Boardwalk Leading Directly onto the Sand

his weekend, a three-story beach house will be sold to the highest bidder after recently asking as much as $2.2 million. Located in Flagler Beach, a relaxed beach town situated between Daytona Beach and St. Augustine on Florida’s east coast, the property is being offered without reserve, meaning it will be sold to the highest bidder regardless of the price. The auction for the property will be held on-site this Saturday, April 28th at 1pm ETMiami-based real estate auction firm Platinum Luxury Auctions was retained by the property owners to exclusively manage the marketing and auction sale of the home.

“Coming from the hustle and bustle – and crowded beaches – of southeast Florida, it’s always refreshing to experience a place like Flagler Beach, ” stated David Enriquez, Platinum’s vice president of operations. “The relaxed-luxury lifestyle presented by this home is a perfect escape for those looking to simply unwind in comfort and enjoy themselves.”

To be sure, the property offers direct views of the sparkling Atlantic Ocean, along with miles of the famous, cinnamon-hued sands of Flagler Beach. Several decks are located on the ocean side of the property, allowing for ample opportunity to enjoy the gentle sea breezes. A private boardwalk (or “dunewalk”) extends from the main-level deck to the beach, allowing you to head from your kitchen directly onto the sand in a matter of steps.

Built in 2008, the 4,800-sf property’s charming red roof crowns a home built with integrity. From its well-engineered piling system, whole-house water filtration system, central vacuum, and recently replaced A/C units to its reinforced hurricane doors and windows, the Property was built with structural integrity in mind.

There are 5 bedrooms, 6 full and 1 half baths in the home, with plenty of room for family and friends to gather and enjoy the spectacular sunrises and limitless views of oceanfront living. (Note: A “bonus room” – lacking a built-in closet – can serve as a 6th bedroom if needed).

A private elevator serves all levels of the residence, whose main living areas – including the kitchen, living room and master suite – are on the third floor in order to optimize the direct ocean views. The second floor contains a living room, kitchenette, and four bedroom suites, along with direct access to the private boardwalk, while the ground level houses the “bonus room” and a large recreation area, also with ground-level walkout access to the beach.

Final previews of the property will be held Thursday and Friday, between the hours of 12pm and 5pm ET. Those parties wishing to bid on the property must register with Platinum by the 5pm ET deadline on Friday. Additional information is available at OceanfrontLuxuryAuction.com, or by contacting a member of the Platinum team at 800.834.8685.

 

 

Suburban New Jersey Mansion Scheduled for Luxury Auction® Sale March 27th

10-Acre Estate with Equestrian Features Located in one of Forbes’ Most Expensive ZIP Codes

Miami-based luxury real estate auction firm Platinum Luxury Auctions has announced the upcoming auction of a 10-acre mansion located in the upscale community of New Vernon, New Jersey. Although initially asking $8 million, the property will now be offered without reserve, meaning that the home will be sold to the highest bidder regardless of the high bid price. Platinum, a firm specializing in the sale of multimillion-dollar homes at auction, was hired by the property owner to manage the sale in cooperation with New Jersey listing brokerage Kienlen Lattmann Sotheby’s International Realty. Listing agents Berly Teele and Lisa Geoffroy are representing Kienlen Lattmann for the sale.

Located within only 40 miles of the heart of New York City, the exclusive hamlet of New Vernon was ranked 55th out of 500 on the 2017 Forbes list of “America’s Most Expensive ZIP Codes.” In addition to its proximity to Manhattan, the area is also close to Newark and Philadelphia, making it an ideal location for wealthy executives who commute to their city-based offices.

“We’re really excited to present his property to the international marketplace with the Kienlen Lattmann SIR team,” stated David Ashcroft, Platinum’s director of development and sales. “It’s certainly unique to have a property in such an upscale, suburban setting, while also having equestrian amenities and immediate access to miles of riding trails. Not to mention, the property has a substantially reduced tax rate due to its ability to utilize a partial farmland assessment.”

Situated on 10 acres in a quiet cul-de-sac, the property offers plenty of privacy amidst manicured lawns and pastures. Structures include a tri-level main residence, separate pool house with in-ground pool, and a 6-stall barn. The main residence offers 6 bedrooms, 7 full and 3 half baths, while the pool house adds another full bath. Living spaces total more than 12,000 sf, with approximately 11,000 sf in the main residence and 1,040 sf in the pool house.

For those always looking for more storage space for the holiday decorations, there is also an additional 2,600 sf of finished attic space and a finished lower level totaling more than 4,900 sf. The lower level is ideal for conversion into the ultimate “man cave,” with ample space for a billiards area, enclosed home theater, fitness center, and more.

Upper-level bedrooms are large, and include en-suite baths. The vast master suite includes a sitting room and office, while an opposite guest wing offers 2 bedrooms, a full bath and its own office, making it ideal for in-laws or live-in staff.

Due to the property owner’s construction experience, the residence was built with various commercial-grade components that are rarely used in residential homes, such as Pella premium windows, a whole-house generator and TJI® floor joists.

Additional features include a grand foyer with dual staircases, two-story great room with wet bar and patio access, gourmet kitchen, gentlemen’s study, a pine-paneled fitness/yoga room, and a temperature-controlled wine closet with a +1,000-bottle capacity.

Beginning Monday, March 5th, the property will be open for previews between the hours of 12pm and 5pm (ET), until the auction date. Additional information is available at NewJerseyLuxuryAuction.com, or by contacting a member of the Platinum’s project management team at 800.674.3325.